[Did Bush manufacture an enemy, or did we really need to go to war?]
Saddam was colluding with Iran, Venezuela, Russia, and other members of OPEC to price their oil in Euros.
Imagine if they had been successful in decoupling oil from the dollar; and then we had the housing bubble implode on top of that.
For me, that economic reality alone was reason enough for military intervention in Iraq.
My question was rhetorical, as a background to the rest of my post.
You see, I was saying here, over two years ago, that this thing was REAL and so serious that it could lead to something WORSE than the depression. Everybody thought I was nuts. Heck, on an emotional level, even I sorta did. But the facts were the facts, history is history, and the government is every bit as dumb and corrupt as it was back in the day.
They are proving to be even more so today.
This is gonna get really bad if they don’t pass the bailout.
It will be even worse if they do.