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Re: [RT] Market



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First rule is that no (rationally governed) country goes to war unless
economic interests are at stake. The Revolutionary war was spurred on by
wealthy "patriots" wishing to free their enterprise from the yoke of British
ownership and taxation. The British wanted to preserve the flow of cheap raw
materials from the Colonies. The French wanted to put a dent in the British
and obtain more favorable trade terms for themselves. The wealthy "patriots"
in the Colonies were more than happy to rouse the masses to their cause and
finance the masses to shed their blood. I say this not to make light of the
many true patriots involved in the Revolution, but to show (in a simplistic
way) the role of economic interests.

There were two world wars. In both cases, US business was making a bundle
producing and selling war materials to Europe. The Germans finally began
sinking as many US cargo ships as they could find. The match which brought
US entry into WW I was the sinking of passenger ships (the Lusitania in
particular) which were, according to Germany, carrying armaments destined
for Europe. During WW II, US ships carrying armaments and goods to Europe
were once again the target of attacks by German U boats which were
instructed to avoid passenger ships. However it was the Japanese who
provided the match by bombing Pearl Harbor in response to US blockades and
embargoes of natural resources in Asia.

One should never forget that politics and business interests are always
strong bedfellows! In current events, one need look no further than the
controversy regarding Iraq and North Korea. North Korea has been selling
armaments and (allegedly) chemical weapons for years, is known to possess
several "nuculer" [sic] weapons, and poses a truly serious threat to
Southeast Asia. North Korea has no economic value because it has no natural
resources and has no money to buy anything from anyone. Note that the
Europeans are equally as critical of North Korea as is the US. The North
Korean problem is relegated to talk. Iraq which undoubtedly has some WMD
(which it does not export), is sitting on the world's second largest
reserves of oil. Iraq buys lots of stuff from Europe (also US while fighting
the Iranians and before invading Kuwait). Iraq is known to have used
chemical weapons on Kurds and Iranians, but has not attacked the US or
threatened the US. Iraq is now under threat of imminent attack from the US
and the first order of battle is securing the Iraqi oil fields. European
business has been busy trading with Iraq since the Gulf War: selling lots of
proscribed materials and obtaining important oil interests. Naturally, they
are pushing European governments to protect their economic interests.

Earl

----- Original Message -----
From: "TheGonch" <thegonch@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, January 23, 2003 6:05 AM
Subject: Re: [RT] Market


> Perhaps I have my history wrong, but didn't the US refuse to get involved
until it was attacked by the Japanese?
>
> You talk as if fighting the Nazis was an act of generosity, rather than in
the best interests of the US.
>
> Regards
> DanG
>
> EarlA wrote:
> Absolutely! Did not mean to slight anyone ... however the French seem to
> reserve their phobia for the US.
>
> Earl
>
> ----- Original Message -----
> From: "Andrew Nopper" <tradera@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, January 22, 2003 9:23 PM
> Subject: RE: [RT] Market
>
>
>   Hmmm ... then I guess the French also owe allegiance to the Indians,
> Nepalese, Australians, New Zealanders, South Africans, Canadians and
>     British
>   (did I miss anyone?) who also gave their lives in defence of liberty,
not
>     to
>   mention the Russians, who gave the most lives, although not directly on
> French soil. Seems like they owe a lot of gratitude to a lot of people for
>     a
>   lot of time.
>
> Andrew
>   -----Original Message-----
>   From: EarlA [mailto:earl.a@xxxxxxxxxx]
>   Sent: Wednesday, January 22, 2003 8:51 PM
>   To: realtraders@xxxxxxxxxxxxxxx
>   Subject: Re: [RT] Market
>
>
>   Let's see ... France was happy to tweak the British to further their own
>   economic interests during the Revolutionary War. Very few French
>     actually
>     gave their lives on American soil in defense of American liberty. On
the
>   other hand, hundreds of thousands of Americans have given their lives on
>   French soil in defense of French liberty during 2 World Wars. So the
> scales
>   are in balance and the French can now thumb their noses at America?
> Hardly!
>
>   I happen to think that Bush and crew are on the wrong track but I hardly
>   think we need lessons from France!
>
>   Earl
>
>   ----- Original Message -----
>   From: "Andrew Nopper" <tradera@xxxxxxxxxx>
>   To: <realtraders@xxxxxxxxxxxxxxx>
>   Sent: Wednesday, January 22, 2003 6:31 PM
>   Subject: RE: [RT] Market
>
>
>   > ... I guess they figure that they're even after helping you to avoid
>   paying
>   > foreign taxes on your tea ...
>   >
>   > :)
>   >
>   > Andrew
>   >   -----Original Message-----
>   >   From: BobsKC [mailto:bobskc@xxxxxxxxxxxx]
>   >   Sent: Wednesday, January 22, 2003 7:12 PM
>   >   To: realtraders@xxxxxxxxxxxxxxx
>   >   Subject: Re: [RT] Market
>   >
>   >
>   >    [snip]
>   >
>   >   My God ... I just heard that France is going to work with Germany
>   against
>   >   U.S. interests.  Without America, they'd all be speaking German.  I
>     do
>     not
>   >   understand the French people .. I never have.  Oh well ..
>   >
>   >   Good trading ...
>   >
>   >   Bob
>   >
>
>
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