Re: As war with Iraq seems to be more on the agenda...

From: Mike Lorrey (mlorrey@yahoo.com)
Date: Thu Aug 01 2002 - 15:15:01 MDT


--- Christopher Whipple <crw@well.com> wrote:
>
> Something tells me it really doesn't matter when the
> invasion begins.
> What matters is that we'll most likely still be in
> the middle of a
> conflict when the 2004 elections roll around. Would
> the American public
> really want to switch regimes in the middle of an
> armed conflict?
>
> Operation Desert Storm concluded months before the
> '92 elections. GHW
> Bush had a "win" going into the election, but lost
> anyway. One wonders
> what lesson the younger Bush came away with...

I think the primary lesson of the 92 election is to
not let the opposition get someone in to mess with the
banking reserve ratios. Nothing will castrate an
economy quicker than jacking up the mandated reserve percentage.

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