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The Commonwealth Institute's P...,
2003-10-29 11:52:58
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US Government develops lethal new viruses at US Army Medical Research Institute of Infectious Diseases at Fort Detrick, Maryland....,
2003-10-30 15:03:14
"If we wanted their oil, we'd just go and take it":
remember that one? I do. While looking for something completely unrelated I ran across an old CATO paper examining, in light of the OPEC embargo that threatened to "grind civillization to a halt", why we don't just go and take it: "Prospects would be poor, with plights of far-reaching political, economic, social, psychological, and perhaps military consequences the penalty for failure."
Not completely irrelevant to present circumstances it notes:
"best case" U.S. contingents could defeat OPEC armed forces in the Persian Gulf, while seizing oil fields and facilities, but their victory would be "pyrrhic" unless constant security to protect facilities against sabotage could be maintained.
Good thing we're only there to liberate Iraq and that this has nothing to do with securing our oil habit. Only leftist fanatics would think that Saddam "demonstrated a willingness to threaten to use the oil weapon and to use his own export program to manipulate oil markets". The more things change...
Plus: Halliburton gets an extention of the no-bid contracts that have prevented it from posting negative profits because of what I expect Bush would call "frivolous lawsuits".
:: posted by buermann @ 2003-10-29 16:47:19 CST |
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