Who Stood to Benefit from War with Iraq? (March 17, 2003)

[Mugsy]

Run time: 00:45 https://www.youtube.com/watch?v=WCMuB4rmQMw   Posted on YouTube: June 23, 2007 By YouTube Member: Views on YouTube: 0   Posted on DU: June 30, 2007 By DU Member: Mugsy Views on DU: 570

 
This clip caught my attention because the ending struck me funny. But the more I thought about it, the more it made me think about just whose interests were being served by going to war. Broadcast two days before the invasion of Baghdad.

Avoid war and the DOW skyrockets. Invade and the price of gasoline does. Huh. Tough call.

[Mugsy]

1. Remember the outcry over $1.49/gal at end of Clinton's 2nd term?

Anyone else remember the outcry over $1.49/gal at end of Clinton's second term?

Truckers were threatening to go on strike because the price of fuel was "sky high". And Presidential candidate George Bush said that if he were President, he'd "put pressure on OPEC to open up the taps" and export more oil.

[slipslidingaway]

2. And the market low on October 10, 2002 with the retest in March.

http://clerk.house.gov/evs/2002/roll455.xml

H J RES 114 YEA-AND-NAY 10-Oct-2002 3:05 PM

QUESTION: On Passage

BILL TITLE: To Authorize the Use of United States Armed Forces Against Iraq


:toast:


Thanks too late to recommend, maybe you want to add the October low and votes in October as well???

[slipslidingaway]

3. Just posted...The Iraq War and the equity markets...thanks!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x1224016