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THOUGHT FOR THE DAY!

"I am strongly in favor of using poisoned gas against uncivilized tribes. The moral effect should be good...and it would spread a lively terror.... "-- Winston Churchill commenting on the British use of poison gas against the Iraqis after World War I

 

The Iraq war could cost US its financial system

The US has shot its financial bolt in Iraq, which may cost the country its financial system. It quite simply no longer has the money to stop a run on banks.

Webmaster's Commentary: 

If Bush wants to talk candidly about his "legacy" to this country and the world, this is a big part of that legacy.

Somehow, the words "colossal, consistent disasters on Bush's watch" seem very mild compared to the actual carnage - at every level - in which this administration has indulged.

Comments

Let's be careful here.

chillyphantom

It may cost WE THE PEOPLE their financial system. But you can be damn sure that there are wizards working behind the curtain making a huge bundle off of this.

It's sad to realize that most Americans don't even care about this. They're more interested in what's happening with the OJ Simpson trial.

"... and you don't know what you got until it's gone ..."

Financial system is dead

rafaelv

Wars have always been good political solutions for crisis because the allow a ton of inflation and can be used as a reason for the crisis. They also allow people to focus an a specific enemy (instead of the enemy becoming the polititians themselves).

As far as I am concerned, a war with iran seems ineviatable due to the crisis.

The dollar is dead one way ot the other.

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