Wednesday, October 25, 2006

More Nuggets of Wisdom From the Beloved Center

Ignatius, 10/18/2002:

A war in Iraq could trigger a new economic boom or a deeper slump. But most of the downside risk is already built into oil prices. So if forced to wager where prices will be in a year, a sensible gambler would bet on a price decline -- and a corresponding boost to the global economy.

Ignatius, 11/01/02:

If President Bush is going to lead the country into battle, he needs to begin by convincing his own national security bureaucracy. The effects of Iraq, like Vietnam, could last a generation. It's crucial to get it right -- and to have a united country that will stay the course behind the president, even when things turn nasty and optimistic assumptions prove wrong.

Ignatius, 11/08/02:

But nobody in Hussein's inner circle is thought to be advocating compliance, and for a simple reason: They know that if he reversed course and gave up the weapons he has secretly been accumulating for so many years, it would amount to a disastrous loss of face. The regime's authority would crumble -- and Hussein, his family and inner circle would be more vulnerable than ever to attack. That's why Saddam Hussein is likely to seek a defiant and probably suicidal last stand, like the famous American battle of the Alamo. He has few other viable choices. He is damned if he doesn't capitulate to the U.N. inspectors and damned if he does.


Keep your eye on Saddam Hussein as he is pushed inexorably toward the corner. I suspect that once the U.N. inspection regime is in place, he's a loser -- either way he moves.

The danger is, how many Americans, Israelis and Arabs will he take down with him? The Iraqi leader has an endgame strategy, too. We just don't know what it is.