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Showing posts from May 19, 2006

Interesting article on the Iran nuclear issue in the National Journal

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Paul Starobin authored a very interesting and long article On Mullahs and MADness in the new issue of the National Journal which asks: What happens if Iran got the Bomb? Paul interviewed me and quotes me on the topic: How Deterrence Could Work In thinking about a new deterrence structure, some analysts advocate a global approach in which nuclear states -- including the U.S., Britain, France, Russia and China, the five permanent members of the U.N. Security Council -- would in effect cover the greater Middle East region with a protective nuclear umbrella. The proposition would be simple: If the mullahs use or even threaten to use nukes, they would face the prospect of retaliation from these powers. "I think that would make a powerful deterrent," said a leading backer of this tack, Harlan Ullman, a defense analyst with the Center for Strategic and International Studies in Washington and a former commander of a U.S. Navy destroyer in the Persian Gulf. Perhaps even a treaty could

On the declining U.S. dollar

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My commentary on the issue that was published in the Business Times of Singapore: Business Times - 19 May 2006 DECLINING dollar reflects US policy failure By LEON HADAR WASHINGTON CORRESPONDENT THE conventional wisdom in Washington is that President George W Bush hasn't been rewarded politically for a mostly booming US economy. Indeed, his approval rating in the public opinion polls is now somewhere in the low 20s, despite the fact that the indicators reflecting the resilience of the US economy - inflation (low), interest rates (relatively low), consumer spending (relatively high), unemployment (relatively low) - should have helped transform the current White House occupant into a popular president. Most pundits explain that paradox by suggesting that Mr Bush's policy failures in Iraq and in dealing with Hurricane Katrina, a series of scandals involving officials and Republican lawmakers, and recent rising energy costs have counteracted any positive effect that the booming econ