Tuesday, March 25, 2008

Warfare, Welfare, Markets, Healing: "I No Longer Believe In The Market's Self-Healing Power": - Josef Ackermann, Chief Executive, Deutsche Bank, 2008

"Forty-one American Nobel laureates in science and economics issued a declaration yesterday [January 27, 2003] opposing a preventive war against Iraq without wide international support. The statement, four sentences long, argues that an American attack would ultimately hurt the security and standing of the United States, even if it succeeds.

The signers, all men, include a number who at one time or another have advised the federal government or played important roles in national security. Among them are Hans A. Bethe, an architect of the atom bomb; Walter Kohn, a former adviser to the Defense Advanced Research Projects Agency at the Pentagon; Norman F. Ramsey, a Manhattan Project scientist who readied the Hiroshima bomb and later advised NATO; and Charles H. Townes, former research director of the Institute for Defense Analyses at the Pentagon and chairman of a federal panel that studied how to base the MX missile and its nuclear warheads.

In addition to winning Nobel prizes, 18 of the signers have received the National Medal of Science, the nation's highest science honor.

The declaration reads:

''The undersigned oppose a preventive war against Iraq without broad international support. Military operations against Iraq may indeed lead to a relatively swift victory in the short term. But war is characterized by surprise, human loss and unintended consequences. Even with a victory, we believe that the medical, economic, environmental, moral, spiritual, political and legal consequences of an American preventive attack on Iraq would undermine, not protect, U.S. security and standing in the world.''

... The signers included Democrats and Republicans alike." ...

William J. Broad "THREATS AND RESPONSES: DISSENT; 41 Nobel Laureates Sign Declaration Against a War Without International Support" New York Times, January 28, 2003.


"THE Iraq war has cost the US 50-60 times more than the Bush administration predicted and was a central cause of the sub-prime banking crisis threatening the world economy, according to Nobel Prize-winning economist Joseph Stiglitz.

The former World Bank vice-president yesterday said the war had, so far, cost the US something like $US3trillion ($3.3 trillion) compared with the $US50-$US60-billion predicted in 2003.

Australia also faced a real bill much greater than the $2.2billion in military spending reported last week by Australian Defence Force chief Angus Houston, Professor Stiglitz said, pointing to higher oil prices and other indirect costs of the wars.

Professor Stiglitz told the Chatham House think tank in London that the Bush White House was currently estimating the cost of the war at about $US500 billion, but that figure massively understated things such as the medical and welfare costs of US military servicemen." ...

Peter Wilson "Iraq war 'caused slowdown in the US'" The Australian February 28, 2008

An American soldier in Northern Iraq has apparent trouble holding both his military weaponry and the small Spring-time corn-flowers given him by a young Iraqi and human girl.

Photo credit: (c) Maricio Lima and Agence France Presse via Getty Images. All rights reserved. With thanks.


Sergei Prokofiev's "The Enemy God And the Dance Of the Black Spirits"


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