[cia-drugs] The Texas Strategy: PAUL KRUGMAN - Bush's Iraq War ; Next target Tehran

[MA PA]

KRUGMAN: The lesson of the savings and loan scandal of the 1980s was that when 
a bank has failed, you should shut the thing down. We should do the same with 
President Bush’s failed war.

THE COMPLETE ARTICLE AND MORE     
The New York Times
OP-ED COLUMNIST
The Texas Strategy
By PAUL KRUGMAN
Published: January 15, 2007

Hundreds of news articles and opinion pieces have described President Bush’s 
decision to escalate the Iraq war as a “Hail Mary pass.”

But that’s the wrong metaphor.

Mr. Bush isn’t Roger Staubach, trying to pull out a win for the Dallas Cowboys. 
He’s Charles Keating, using other people’s money to keep Lincoln Savings going 
long after it should have been shut down — and squandering the life savings of 
thousands of investors, not to mention billions in taxpayer dollars, along the 
way.

The parallel is actually quite exact. During the savings and loan scandal of 
the 1980s, people like Mr. Keating kept failed banks going by faking financial 
success. Mr. Bush has kept a failed war going by faking military success.

The “surge” is just another stalling tactic, designed to buy more time.

Oh, and one of the favorite techniques used by the owners of savings and loan 
associations to generate phony profits — it involved making high-interest loans 
to crooked or flaky real estate developers — came to be known as the “Texas 
strategy.”

What was the point of the Texas strategy?

--MORE--
mparent7777-2.blogspot.com/2007/01/texas-strategy-paul-krugman.html

Labels: civil war, Iraq, News, PAUL KRUGMAN, Politics, The New York Times, 
withdrawal 


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Next target Tehran
All the signs are that Bush is planning for a neocon-inspired military assault 
on Iran
mparent7777-2.blogspot.com/2007/01/next-target-tehran.html


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mparent7777-2.blogspot.com/2007/01/hes-in-bunker-now-frank-rich-bush-is_15.html


US military strike on Iran seen by April ’07; Sea-launched attack to hit oil, 
N-sites
mparent7777-2.blogspot.com/2007/01/us-military-strike-on-iran-seen-by.html


And More 
mparent7777-2.blogspot.com/ New website 
mparent7777.blogspot.com/ Alternate website with unique articles 

CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS 

MARC PARENT 
mparent7777 
mparent 
CCNWON



                
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