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I have no time for this today. Lots of work to do. But I hope to say something soon about the phrase "weapons of mass destruction" and, to a lesser extent, the term "terrorism." These two terms are very dangerous because they are much in use right now, and yet they both appear to have no meaning.

If I was editor of this website I'd assign Bruno with the linguistic backgrounder on these terms - both their use and misuse - and Frank with the (L.R.J influenced) piece on the danger of words with no meanings. Of course I wield no such power, so you'll have to suffer through my no doubt inferior take on these matters.

As soon as I get a few moments.
- jim 3-31-2003 6:24 pm [link] [6 comments]

Sounds like the beginning of the end for Rumsfeld.
- jim 3-30-2003 7:03 pm [link] [6 comments]

I was wondering when this story would hit. I think this is the "real" reason for the war. I've tried to make this argument in private and it's been, ummm, not well received. And while this article certain doesn't settle any questions, I'm glad to see it getting some air.

Effectively, the normal standards of economics have not applied to the US, because of the international role of the dollar. Some $3 trillion (£1,880 billion) are in circulation around the world helping the US to run virtually permanent trade deficits. Two-thirds of world trade is dollar-denominated. Two-thirds of central banks' official foreign exchange reserves are also dollar-denominated.

Dollarisation of the oil markets is one of the key drivers for this, alongside, in recent years, the performance of the US economy. The majority of countries that require oil imports require dollars to pay for their fuel. Oil exporters similarly hold, as their currency reserve, billions in the currency in which they are paid. Investing these petrodollars straight back into the US economy is possible at zero currency risk.

So the US can carry on printing money - effectively IOUs - to fund tax cuts, increased military spending, and consumer spending on imports without fear of inflation or that these loans will be called in. As keeper of the global currency there is always the last-ditch resort to devaluation, which forces other countries' exporters to pay for US economic distress. It's probably the nearest thing to a 'free lunch' in global economics.
Iraq is the only major oil exporter to clear their sales in Euros. Iran is reportedly "contemplating" a switch. There is a much longer paper about this subject. I'll dig up the link.
- jim 3-28-2003 10:42 pm [link] [1 comment]

Gary Hart has started a weblog. He's running Movable Type, and comments and trackback are on. Whoa. Is it really him?

To further this undertaking, I am starting a blog here on www.garyhartnews.com. The Internet is clearly the most important new medium to help increase people's involvement in a "primary of ideas." It's an amazing tool for people to share ideas, talk about their concerns and their dreams, and debate the many important policy ideas that will affect our country's future.

- jim 3-28-2003 5:38 pm [link] [5 comments]

The Williamsburg bridge is closed in both directions. Lots of helicopters in the air. This is one block from my apartment. Not sure what is happening.
- jim 3-28-2003 5:08 pm [link] [22 comments]

Richard Perle has resigned.
- jim 3-28-2003 2:01 am [link] [6 comments]

Interesting Reuters piece: A retired Yugoslavian army officer who claims to have helped construct Saddam's underground bunkers, says they can withstand a 20 kiloton blast.

Fazlic said underground concrete fortresses were built by the former Yugoslav military in the cities of Baghdad, Mosul, Kirkuk, Basra and Nassiriya after Iraqi officials toured similar facilities in former Yugoslavia.

"We also built the so-called "zero," "P" and "C" types of bunkers which were smaller and meant for the military, communications centers and so on but can also resist heavy bombardment and longer isolation," he said.

Fazlic said he took part in the building of more than a dozen underground bunkers in former Yugoslavia which was then led by late President Josip Broz Tito, who had warm relations with Saddam Hussein.

"We built all of these facilities in Iraq because they liked what they saw here," Fazlic said, citing a large bunker dug into a mountain near the southern Bosnian town of Konjic that was meant for the former Yugoslav government in case of war.

- jim 3-27-2003 10:53 pm [link] [add a comment]

NJ Governor James E. McGreevey and Sid Caspersen, New Jersey's director of the office of counter-terrorism, indicated in a press conference that if the U.S. moves to code red citizens will be required to stay inside their houses.

This according to the Courier Post Online.

If the nation escalates to "red alert," which is the highest in the color-coded readiness against terror, you will be assumed by authorities to be the enemy if you so much as venture outside your home, the state's anti-terror czar says.
In addition, Supreme Court Justice Anthony Scalia recently said, in public, that the government has room to scale back individual rights during wartime without violating the Constitution. "The Constitution just sets minimums," Scalia said. "Most of the rights that you enjoy go way beyond what the Constitution requires."
- jim 3-27-2003 10:44 pm [link] [1 comment]

Supposedly Tom Brokaw will have a 'blogs and war' segment in first half of NBC nightly news this evening.
- jim 3-27-2003 2:15 am [link] [1 comment]

I'm dedicated to not watching the world so closely today.

Especially the super scary stuff about North Korea cutting off contact with the U.S. and U.N., and also threatening to nuke Japan if the Japanese go ahead with their planned launch of a spy satellite this week.

Iraq continues to put up resistence. Sean-Paul at the agonist is reporting (unsourced) that CENTCOM (U.S. central command) is reporting that the Iraqis mounted a counter offensive on U.S. armored divisions south of Baghdad. This attack was - again, of course, supposedly - quickly repelled. But still, that's some crazy shit to try.

Possibly they are emboldened by the destruction of 2 M1/A1 Abrams main battle tanks. This is a much bigger deal then the number (2) would indicate. In fact, it's the first time this tank has ever been destroyed by enemy fire. The Israelis went through something similar this passed year when 2 of their "invincible" tanks were destroyed in the West Bank. Two tanks (out of hundreds) doesn't matter, but psychologically it's got to hurt. We didn't think they had weapons that could do it - and quite obviously they do. Some speculate the Russian connection, but I don't think there is any evidence at this point.

Still no word from Basra, but I'll be surprised if the British don't go in, in force, sometime today.
- jim 3-26-2003 6:06 pm [link] [add a comment]

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