― Momus (Momus), Thursday, 6 February 2003 15:32 (twenty-one years ago) link
hence momus's floundering when faced with facts abt economics: since he's never given any thought to these, he's reduced to handwaving
i've been arguing since the beginning of last year that 1, the us economy was in an extremely dicey state (this wz based somewhat on ther assumption that enron and worldcom were more the norm than anomalies, a guess that's been proved uncomfortably correct), and that 2, as an attempt to distract us voters from this fact, the bush-push to war would fail, that the us polity is far more divided than bushco are counting on, and that this is a massive political opportunity for his opponents
i think war will make the us economy worse, much much worse: but to make THIS the basis of an anti-war position seems to offend the anti-american wing of the anti-war movement ("why are we suddenly making such a fuss abt the hard times the american middle classes are facing" etc etc)
― mark s (mark s), Thursday, 6 February 2003 15:34 (twenty-one years ago) link
― mark s (mark s), Thursday, 6 February 2003 15:35 (twenty-one years ago) link
International agreements which allow full access to markets, less protectionism, etc. All that stuff which was starting with GATT.
― Momus (Momus), Thursday, 6 February 2003 15:39 (twenty-one years ago) link
― Julio Desouza (jdesouza), Thursday, 6 February 2003 15:42 (twenty-one years ago) link
― Momus (Momus), Thursday, 6 February 2003 15:43 (twenty-one years ago) link
― Momus (Momus), Thursday, 6 February 2003 15:45 (twenty-one years ago) link
and what happens when nations a. fail to agree to agree, or b. break agreements? (when, for example, their inability to grasp the disastrous house-of-cards nature of their own economy — viz the US from the late 90s to date — forces govts to take steps completely out of whack w.such agreements?)
the us isn't out of step w.the idealism at the heart of gatt bcz of the books its presidents read (or didn't) as kids, it's out of step bcz the turning of its own machinery, as currently fashioned, leaves it very little option (this is why the actual economic interests of us citizens who aren't like CEO of CitiGroup shd be key to the anti-war movemement's thinking)
― mark s (mark s), Thursday, 6 February 2003 15:45 (twenty-one years ago) link
― mark s (mark s), Thursday, 6 February 2003 15:48 (twenty-one years ago) link
The problem with almost all current economics, especially the dominant-in-the-US neo-classical economics, is that it completely ignores the REAL PHYSICAL WORLD. Witness Momus saying " Most advanced economies continue to grow, if slowly". The physical reality of this "growth" is that advanced countries are wasting more finite natural resources in order to produce a trivial increase (if even that) in the "standard of living". Yet somehow "growth" is the all-important goal of economists.
If the price of oil goes up, then the price of everything goes up, because it takes energy to do anything, and a huge portion of our energy comes from oil. This will cause massive, unavoidable inflation. Then people will look to Mr. Greenspan and think he will work his magic by messing around with interest rates or whatever and solve everything, but they will find out his fancy theories are all shit, because physical reality will lay the smack down on his sorry ass.
― fletrejet, Thursday, 6 February 2003 15:49 (twenty-one years ago) link
― mark s (mark s), Thursday, 6 February 2003 15:54 (twenty-one years ago) link
http://www.salon.com/news/feature/2003/02/04/cpac/index.html
for a good portrait of the ideology in all its hideous irrationality.
― Momus (Momus), Thursday, 6 February 2003 15:56 (twenty-one years ago) link
― mark s (mark s), Thursday, 6 February 2003 16:04 (twenty-one years ago) link
― Momus (Momus), Thursday, 6 February 2003 16:11 (twenty-one years ago) link
― Tracer Hand (tracerhand), Thursday, 6 February 2003 16:22 (twenty-one years ago) link
Well, considering that there are currently no available alternative technologies that can take over of oil immediately, let alone in 10-15 years, I'm not particularly sure what anyone could do about this. I'd put some major hopes into the hydrogen car deal and the nuclear fusion reactor I've heard is being built for powerup in 6-8 years or so (no, not cold fusion).
>>If the price of oil goes up, then the price of everything goes up, because it takes energy to do anything, and a huge portion of our energy comes from oil. This will cause massive, unavoidable inflation. Then people will look to Mr. Greenspan and think he will work his magic by messing around with interest rates or whatever and solve everything, but they will find out his fancy theories are all shit, because physical reality will lay the smack down on his sorry ass.<<
::sigh::
Oh, the coming doomsday scenario when we suddenly run out of oil. What a completely nonexistant problem that won't hit us for at least another 40 years. By that time, I'd sincerely hope Greenspan was dead, otherwise he's going to be extremely, extremely old and probably incapable of holding a bowel movement, let alone working for the gov't.
I'm sure that damned "physical reality" also had a lot to do with the downfall of companies like Enron and Worldcom, as well as the bankruptcies (sp?) of United Airlines and Tyco. How could it just be bad business practices and corporate greed?
- Alan
― Alan Conceicao, Thursday, 6 February 2003 17:02 (twenty-one years ago) link
So, in order to do that, the US must try and prove that A) Iraq has ties with international terrorism aimed at Western Nations (especially the US and UK) and that B) Iraq has weapons of mass destruction and finally C) that A and B will be brought together in almost complete certainty and therefore poses a threat to the US and UK. Otherwise, there is no justification for a unilateral military action. The US is just trying to show that Iraq is lying about its stockpiles of WMD (which almost certainly exist except in the mind of only the most hardened pacifist) and therefore get international approval for the act of invasion.
I'm not claiming that this isn't Wag The Dog. I'm not claiming that this isn't a cover for the US to gain a foothold in the Middle East with a puppet gov't. All I'm stating is the official position as to the US government and action in Iraq. And frankly, if they were somehow able to prove all of this without a shadow of a doubt, I'm not sure how anyone could ignore what would then be a certain attack by terrorists using chemical or biological means. As I stated, I've yet to be impressed to the point where I support war.
And of course the problem with the Iraq + Al Qaeda = KILL THEM ALL equation is that Pakistan easily solves A, B and C of yr hypothesis above (Seymour Hersh detailed why in the New Yorker a few weeks ago), but they're not in the crosshairs. What's obnoxious about this is that the administration has made the case without resorting to bullshit reasons like this, which lessen their case considerably. No wonder the results of that Salon poll mentioned above are the way they are when Bush makes statements like these in the SotUA:
"Before September the 11th, many in the world believed that Saddam Hussein could be contained. But chemical agents, lethal viruses and shadowy terrorist networks are not easily contained.
Imagine those 19 hijackers with other weapons and other plans, this time armed by Saddam Hussein. It would take one vial, one canister, one crate slipped into this country to bring a day of horror like none we have ever known."
I mean the clear implication is Saddam = Al Qaeda (will Time run a cover piece asking: "Is Saddam the New bin Laden?"), and I was expecting Powell to make that at least feasible for the UN, but he didn't. I seriously doubt the AQ-Iraq connection, since the White House, I would imagine, has been looking for an Iraqi connection to 9/11 since the moment the first tower was hit. And since they haven't been able to (the administration told investigators to find a link between Saddam and Al Qaeda, but the person in charge of the investigation came back saying that he could not. The administration's response? They fired him and told someone else to try.), they've decided to indict Hussein by implication and innuendo, and, with the American public at least, it's worked. All of this lessens the U.S.'s case for war (which, while not overwhelmingly strong, is certainly justifiable). Meanwhile, rather than seize a true opportunity, the Democrats are scrambling around saying, "Yeah, but..." over and over and over in a way that makes you know that Daschle will never be satisfied and just wants to be contrarian. There needs to be a real opposition asking: "WHAT AFTER?" as loudly as they can, because then REAL BONAFIDE seeds of doubt will be planted, and we might be able to see this whole situation through with at least a marginally happy ending.
― Yanc3y (ystrickler), Thursday, 6 February 2003 17:16 (twenty-one years ago) link
― Yanc3y (ystrickler), Thursday, 6 February 2003 17:17 (twenty-one years ago) link
Lynskey's right about legislative debate on this for the US, as well (dunno quite how it's shaping up in the UK): during the State of the Union it was a bit disappointing to me to watch our entire government collectively cheer sentiments that -- even going by the most flattering polls -- the barest majority of their constituents favor. One wishes to see some contingent, however wrongheaded, staying seated.
The answer to Lawrence -- i.e. "why would we grab oil this time" -- is that it's a necessary part of the plan: I haven't seen anyone here argue that the U.S. is not planning to install a hand-picked regime after Saddam's removal, which does in fact amount to a grab whether we mean it that way or not. And we will grab. My only concern about this sort of thing is whether oil money actually profits the drilled nation's citizens or not -- so I'm not hugely worried about this, because in the short term I think a puppety "democracy" would, however bad, result in better retention and distribution of the wealth than an autocracy ever would. In the long term, well, I'm a bit less confident.
― nabisco (nabisco), Thursday, 6 February 2003 17:34 (twenty-one years ago) link
Its not what we can do, it what we should have done. Its too late. People listened to economists who talked about infinite growth in a finite world, and we will all have to pay the consequences.
>I'd put some major hopes into the hydrogen car deal and the> nuclear fusion reactor I've heard is being built for powerup in 6-8> years or so (no, not cold fusion).
Which fusion reactor is this?
>Oh, the coming doomsday scenario when we suddenly run out of oil.> What a completely nonexistant problem that won't hit us for at> least another 40 years.
Was I talking about running out of oil? No, that is not for another 10-20 years (40 is *very* optimistic, but, either way, in our lifetime). What I was talking about is right now, oil reserves in the US are at an all time low, oil prices are rising, and with the economy as bad as it is right now, a steep rise prices will utterly cripple us. Even if we raid Iraq, it will take a few years to get production up, esp. if Saddam decides to blow up his wells.
>I'm sure that damned "physical reality" also had a lot to do with> the downfall of companies like Enron and Worldcom, as well as the> bankruptcies (sp?) of United Airlines and Tyco. How could it just> be bad business practices and corporate greed?
::double sigh::
Companies can fail just fine from mismanagement/fraud. That is neither here nor there.
Although, I would like to point out that all airlines are doomed, since there is NO replacement for petroleum-based aircraft fuel, or, if their were, it would be so expensive it would make commericial flight uneconimical.
― fletrejet, Thursday, 6 February 2003 17:46 (twenty-one years ago) link
― Julio Desouza (jdesouza), Thursday, 6 February 2003 17:50 (twenty-one years ago) link
― lawrence kansas (lawrence kansas), Thursday, 6 February 2003 17:55 (twenty-one years ago) link
― Yanc3y (ystrickler), Thursday, 6 February 2003 17:56 (twenty-one years ago) link
― nabisco (nabisco), Thursday, 6 February 2003 17:56 (twenty-one years ago) link
― nabisco (nabisco), Thursday, 6 February 2003 18:01 (twenty-one years ago) link
Easter Island is the classic example. The short version is, they came to a tree covered island, using timber they increased their population, they eventually cut down every tree, and then their population starved down to a fraction of what it was. When Cook landed there he found the remaining islanders in a wretched state of existence..
― fletrejet, Thursday, 6 February 2003 18:02 (twenty-one years ago) link
― nabisco (nabisco), Thursday, 6 February 2003 18:03 (twenty-one years ago) link
Which many companies and researchers are, though in numbers (and in timing) far less than needed and far too late than possible in Fletrejet's view. I'm more sanguine about it all, but that is also my nature, and I could well be wrong.
But ultimately, I think this -- with few exceptions, nobody knows exactly how they're going to die or what might be the eventual cause of their death, or whether everything around them will in fact be dead and gone the next day or decades or centuries later. Given that, plan ahead, act for what is right in the face of the odds, but retain hope. Cockeyed optimism? Not in my view, call it a gamble that makes more sense than Pascal's gamble with God, in that it's a little more tangible. The world, sad, brutal, idiotic as it is sometimes, is still here for now, and only if I am proven wrong am I wrong.
― Ned Raggett (Ned), Thursday, 6 February 2003 18:09 (twenty-one years ago) link
― fletrejet, Thursday, 6 February 2003 18:11 (twenty-one years ago) link
Jesus lord...how many times do I have to say it?
*IT'S NOT MY HYPOTHESIS AND I DON'T SUPPORT THE WAR* Oy. Continuing...
>>Its not what we can do, it what we should have done. Its too late. People listened to economists who talked about infinite growth in a finite world, and we will all have to pay the consequences.<<
I'm sorry, but no one is stupid enough to believe that oil will not run out. Humanity is a bit smart for that. Maybe not this administration or the one after it, but perhaps subsequently. If something needs to get done, it will. I don't think 40-50 years from now, when South America and the Black Sea run dry, the world will just go "oops" and revert to the dark ages. For christs sake, think about all the innovations that have occurred in the last 50 years and the changes in life that have come with them.
>>Which fusion reactor is this?<<
ITER, AKA International Tokamak Engineering Reactor. Its being built by the EU, Russia, Japan, and Canada. Given the recent jumps in production from fusion reactors and the advanced design of this one in particular, it seems possible for the first time that a hot fusion reactor may create energy rather than spend it on heating plasma.
>>Was I talking about running out of oil? No, that is not for another 10-20 years (40 is *very* optimistic, but, either way, in our lifetime). What I was talking about is right now, oil reserves in the US are at an all time low, oil prices are rising, and with the economy as bad as it is right now, a steep rise prices will utterly cripple us. Even if we raid Iraq, it will take a few years to get production up, esp. if Saddam decides to blow up his wells.<<
10-20? LOL...right.
It would create a recession, yes. Hell, any war will do all the things you just spoke of (cause a rise in gas prices and lower emergency reserves). And I don't doubt for a second Iraq won't blow the wells sky high. Need I remind you, though, that I'M NOT A SUPPORTER OF THE WAR? ::shrugs::
>>Although, I would like to point out that all airlines are doomed, since there is NO replacement for petroleum-based aircraft fuel, or, if their were, it would be so expensive it would make commericial flight uneconimical.<<
Oh no! We're going back to boats!
ROFL
What a hilariously overblown doomsday scenario, man. Should we expect the second coming of Jesus to go along with all this? Or maybe that Mayan deal where all the man made things turn on humanity and the whole of the planet is killed by electric razors run amuck?
― Alan Conceicao, Thursday, 6 February 2003 18:43 (twenty-one years ago) link
― Yanc3y (ystrickler), Thursday, 6 February 2003 18:45 (twenty-one years ago) link
...and the whole of the planet is killed by electric razors run amuck.
Jesus shaves!
― lawrence kansas (lawrence kansas), Thursday, 6 February 2003 19:05 (twenty-one years ago) link
― Ed (dali), Thursday, 6 February 2003 19:11 (twenty-one years ago) link
― Ed (dali), Thursday, 6 February 2003 19:17 (twenty-one years ago) link
― Yanc3y (ystrickler), Thursday, 6 February 2003 19:22 (twenty-one years ago) link
― Ed (dali), Thursday, 6 February 2003 19:24 (twenty-one years ago) link
I'm *against* unilateral action against Iraq because I believe the proof that they have strong ties to terrorism and therefore are an immediate threat to the US and its allies is very weak.
I'm *in favor of* UN action against Iraq in accordance with the 4-5 UN Resolutions banning WMD in the nation of Iraq (the result of the war in Kuwait). I believe there is still a month or two before for some very serious negotiations between the two parties (UN and Iraq) and they should be trying to get a hold of each other. I find it difficult to believe that anyone would deny Iraq has such weapons.
I need to add to something too....
>>And of course the problem with the Iraq + Al Qaeda = KILL THEM ALL equation is that Pakistan easily solves A, B and C of yr hypothesis above<<
The US went to the UN yesterday to prove that Iraq still has a chemical and biological weapons program, which they CANNOT have by international law and are subject to disarmament as a result. The US cannot do the same thing with Pakistan in the UN, even if they wanted to. Why? Because Pakistan can have as many WMD as it damn well pleases. It never lost a war so badly that it had to negotiate a cease fire that gave away its ability to have such things. Iraq does not have this freedom, thus the US went to the UN to try and drum up support.
>>How suprised will the Iraqis be when the hundreds of thousands of troops massed in kuwait and saudi come pouring over the border. <<
They aren't coming from Saudi Arabia, far as I know. The Saudis aren't housing troops this time because they're scared shitless of the possible "retorts" from their citizens.
― Alan Conceicao, Thursday, 6 February 2003 19:30 (twenty-one years ago) link
― Ed (dali), Thursday, 6 February 2003 19:32 (twenty-one years ago) link
Yup...just read that. They must be getting oil rights and a aid package then. They held out for a loooooong time.
― Alan Conceicao, Thursday, 6 February 2003 20:07 (twenty-one years ago) link
― the pinefox, Thursday, 6 February 2003 21:23 (twenty-one years ago) link
― Ed (dali), Thursday, 6 February 2003 22:46 (twenty-one years ago) link
― Stuart, Thursday, 6 February 2003 23:57 (twenty-one years ago) link
― Ned Raggett (Ned), Friday, 7 February 2003 00:15 (twenty-one years ago) link
― Stuart, Friday, 7 February 2003 00:25 (twenty-one years ago) link
― Tracer Hand (tracerhand), Friday, 7 February 2003 01:04 (twenty-one years ago) link
― Momus (Momus), Friday, 7 February 2003 01:47 (twenty-one years ago) link
― Stuart, Friday, 7 February 2003 04:02 (twenty-one years ago) link
― I'm Passing Open Windows (Ms Laura), Friday, 7 February 2003 04:32 (twenty-one years ago) link
interesting to read these threads 18 years later
― mens rea activist (k3vin k.), Wednesday, 20 October 2021 05:27 (two years ago) link
pic.twitter.com/U32mZrjF8g— Ken Klippenstein (@kenklippenstein) October 19, 2021
― mens rea activist (k3vin k.), Wednesday, 20 October 2021 05:44 (two years ago) link