Iraq war is nearly over - turn on the oil and economic recovery

Discussion in 'Economics' started by wilburbear, Oct 3, 2007.

  1. Right. We have the momentum, and we are winning this war. Read the link in the first post. We now have former enemies (who are religious leaders) working for us in Iraq. Former military leaders who were hostile to us, are now helping us. We are well past the tipping point. It's done. Game over.
     
    #11     Oct 4, 2007
  2. I think we should just go back to bombing Iraq.
     
    #12     Oct 4, 2007
  3. Absolutely right.

    Its incredible how many investors shrug off military keynesianism, yet its vital for the US economy and the stock market, as you stated.
     
    #13     Oct 4, 2007
  4. Broken Window Fallacy

    So the terrorists did a good thing by knocking down 2 buildings in NYC since it started a war that created jobs when the country was going through a recession?

    Wow.
     
    #14     Oct 4, 2007
  5. o rly? Seems these folks are quite patriotic and willing to fight the invading army for ever.
    ---------------
    Iraq Insurgents Unite To Fight U.S.

    By CBS/AP

    10/04/07 "CBS/AP" -- -- Nearly two dozen previously unknown Iraqi insurgent groups announced a new coalition to fight foreign occupation but it also set conditions for talks with the U.S. in a statement on a Web site affiliated with the country's deposed Baath party.

    The 22 groups said their leader is Izzat al-Douri, the highest ranking member of Saddam Hussein's former ruling party still at large.

    In the nearly half hour video message, an unidentified man, face blurred, was shown sitting behind a table with an Iraqi flag on his right side reading a statement announcing the formation of the new alliance called "The Jihad and Liberation."

    According to the speaker in the video, downloaded by CBS News, the newly established umbrella group came into being during a conference held in Baghdad.

    The group declared itself open to "all those who carry arms to fight the occupiers."

    The new alliance laid down a series of conditions for talks with the U.S. It demanded an unconditional withdrawal of foreign forces from Iraq, immediately or within a short timetable, the release of all detainees, return of the security forces to their status before the occupation and a halt to all operations against the people.

    "If the enemy wants to withdraw and save face, they should sit down and speak directly with the resistance to discuss implementing these sacred principles. Otherwise, the only alternative is their collapse and flight," the statement said.

    Ayad Allawi, Iraq's first post-Saddam prime minister, has recently said he held talks with members of the Baath party loyal to al-Douri, for which he was severely criticized by Iraq's current prime minister, Nouri al-Maliki.

    The statement made no mention of al Qaeda in Iraq, but it contained slogans praising Arab nationalism and the Arab nation's great past. Al Qaeda's extremist ideology does not recognize nationalism, but calls for an Islamic state.

    There have been reports of clashes in Iraq between the more nationalist and secular elements of the insurgency with groups following al Qaeda.

    The coalition is led by a group linked to al-Douri, who in his later years ascribed to a moderate, mystic Sufi form of Islam.

    An Islamic Web site linked to extremist groups such as al Qaeda also carried the announcement, but ridiculed al-Douri and the new group.

    © MMVII, CBS Interactive Inc. All Rights Reserved
     
    #15     Oct 5, 2007
  6. It's true, war IS good for the economy. However, enlistment is down. You're gonna have to sign up and go serve your country. What? Can't make it? Yeah, I thought so.
     
    #16     Oct 5, 2007
  7. DrEvil

    DrEvil

    In my humble opinion the U.S forces have been unable to contain the guerilla uprisings in Iraq and Afganistan. Why?

    For the same reasons that they failed in Vietnam. Each U.S surge will squash guerilla reistance but that resistance simply sprouts a new head. Short of mass extermination of males in the region the problem won't go away.

    To now spread the U.S forces/budget/patience back home/luck much further by going into Iran will only expedite the arrival of the day when U.S admits defeat and leaves. Oh they will leave a burning wreck when they do, but leave they will.

    The situation is not so disimilar to that of the problem U.S forces faced with Japan at the end of world war 2. This time however they can't take the EASY route and Nuke the place. That would destroy the oil, which is the reason they are there in the first place and leave an environment unsuitable to drilling even if the oil survived underground. Not to mention the nuclear winds affecting the neighbouring countries. Not even Bush is that stupid.

    So, in the meantime, the fed will print those dollars to fund the war. However for each dollar printed, it's effect faces the unsurmountability of diminishing returns. Indeed at levels much below the current levels, the dollar will face abandoment as the reserve currency.

    Have PNAC (cheney/wolfowitz et al) properly thought this one out? Or have they simply skipped over the Vietnam chapter in the history books?
     
    #17     Oct 5, 2007
  8. Dr. Evil:

    Dude, you need to cheer up. We are winning this war, and it will soon be over.
     
    #18     Oct 8, 2007
  9. Typical Neo-con hijack of US foreign policy gobbledegook...

    War is bullish..
    But what about a pre-emptive, unjustified war? That's bullish, but criminal.
     
    #19     Oct 9, 2007
  10. BWAHAHAHAHAHAHA...

    Good one...

    Winning? How do you define that? By our entry into Iran? Yay, we pulled out our troops from Saudi Arabia...now we have 14 permanent bases in Iraq...which will be the country that REALLY attacks us in 15-20 years...
     
    #20     Oct 9, 2007