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| Terror Networks & Islam |
| OBL worried about US federal deficit |
| 2004-11-02 |
| Osama the historian and economist: The Arabic-language network Al-Jazeera released a full transcript Monday of the most recent videotape from Osama bin Laden in which the head of al Qaeda said his group's goal is to force America into bankruptcy. ... "We are continuing this policy in bleeding America to the point of bankruptcy. Allah willing, and nothing is too great for Allah," bin Laden said in the transcript. He said the mujahedeen fighters did the same thing to the Soviet Union in Afghanistan in the 1980s, "using guerrilla warfare and the war of attrition to fight tyrannical superpowers." "We, alongside the mujahedeen, bled Russia for 10 years until it went bankrupt and was forced to withdraw in defeat," bin Laden said. Mr. Bin Laden, the USA is not the old Soviet Union, and not the present Russia as well. ... As part of the "bleed-until-bankruptcy plan," bin Laden cited a British estimate that it cost al Qaeda about $500,000 to carry out the attacks of September 11, 2001, an amount that he said paled in comparison with the costs incurred by the United States. "Every dollar of al Qaeda defeated a million dollars, by the permission of Allah, besides the loss of a huge number of jobs," he said. Oh crap he's an accountant too. "As for the economic deficit, it has reached record astronomical numbers estimated to total more than a trillion dollars." The total U.S. national debt is more than $7 trillion. The U.S. federal deficit was $413 billion in 2004, according to the Treasury Department. "It is true that this shows that al Qaeda has gained, but on the other hand it shows that the Bush administration has also gained, something that anyone who looks at the size of the contracts acquired by the shady Bush administration-linked mega-corporations, like Halliburton and its kind, will be convinced. I think he's jealous. Maybe all Osama wants is a job at Halliburton, or a contract. |
| Posted by:Rafael |
| #9 lex i do think you could be right about it being bogus. Firstly , nothing has been heard from OBL that is verifiably him for ages: I thought he was dead. Secondly, you are right, he never cared about economics except as a means to an end (hit the finance centre of america, along with the white house and pentagon was the 9/11 plan to cripple the country). Bin Laden only used it as a tool for his major goal: radical Islamisation of the world. His speeches were full of Islamist references. This one has only praise be to allah, and a lame throw in about a goat digging up a knife. But on the other hand, his movement is versatile and they study us. that is their strength. they change tactics to suit the situation. If he is still alive could he not purposely be playing it this way, trying to debunk the true image of him as an Islamozoid nutbag in an effort to make americans think it plausible that the moonbat leftie view (helpful to OBL) is correct? thanks to Michael Moore, OBL's newest best ally. |
| Posted by: Anon1 2004-11-02 6:22:26 PM |
| #8 wants the Islamic world to dump the US dollar and trade to a gold standard. Uh yeah. Go ahead and do it. 'Til one day someone asks the question, "is there really enough gold to trade in for my Dinars???", and they're back to square one. |
| Posted by: Rafael 2004-11-02 5:11:37 PM |
| #7 Sorry, folks, but this "Osama" video's bogus. The style, syntax, lame adolescent jokeyness-- all of it points to a western hand. As to this video's BS about "bankrupting" the US, when did the jihadists become so keen about economics? Neither Osama nor Jawahiri nor Muhammad Khalid nor any of these apocalyptarian warriors has ever shown the slightest interest in economics or economic theory. They're not about economic warfare; they want to saw off heads, make blood flow, burn people, and blow things up-- especially big big big big towers. This script came from a lefty hack, American-bred or American-based. The notion that this is Osama's handiwork is about as convincing as saying a Seinfeld episode was written by Victor Davis Hanson. |
| Posted by: lex 2004-11-02 5:10:05 PM |
| #6 If they trade in Euro then Euro will end up being the reserve currency. Who would you bet on right now USA or USE. I don't think it's even close. You wory to much Anon1. Now the election, that's something to worry about. Kerry might try to join the Euro just to make Jacques happy. |
| Posted by: Mrs. Davis 2004-11-02 4:57:28 PM |
| #5 I hope you are right, SPOD, because I confess, I am worried about the US deficit too. The US dollar is falling and may lose world reserve status in the next 5-10 years. The reason it has fallen so much is Alan Greenspan has led the fed through 10 years of easy monetary policy and increased the money supply exponentially. The world was awash with US dollars, printed to offset crises (asian meltdown, russian ruble, LTCM, predicted Y2K) and maintain liquidity in international markets. This fed the tech bubble which ended as all bubbles do, so Greenspan printed more cash and kept monetary policy easy and interest rates low. SO now the US has a housing bubble, a huge deficit and a depreciating dollar. It is a real worry for me a) because I want America to stay strong and lead the free world and b) for selfish monetary reasons of my own. The US is the engine of world growth. With a declining US economy, demand for imports from asia slows. That means demand for raw materials from my country slows. Australia goes into bad recession. If interest rates in the US rise, Australian reserve bank has to follow suit sooner or later. We also have a housing bubble, many people overextended debt at low interest rates. rate rise = blood on the streets. Islamists study us. They see these factors. Dr Mahatir, ex-leader of Malaysia and offensive disgusting Islamic nutter wants the Islamic world to dump the US dollar and trade to a gold standard. They may never do that but they may dump it and trade in Euro. It is a worry. |
| Posted by: Anon1 2004-11-02 4:51:35 PM |
| #4 When even our poorest people are often over weight and live in air conditioned homes - I'd say we don't have too much of an economic problem here. F*ck you Bin Loser, 6'6" walking pussy. |
| Posted by: Jarhead 2004-11-02 9:39:58 AM |
| #3 "And it all shows that the real loser is you," he said. Oh, yeah? I'm living in a secure, comfortable suburban home with electricity, hot and cold running water, and public sewer service. The pantry and oil tank are both full and I am unafraid to make phone calls any time I please. How are you doing, Binny? |
| Posted by: Tom 2004-11-02 9:36:39 AM |
| #2 Osama doesn't undesatand this either the US has something in the ground here that is better than Oil. Gold, silver and platinum. We can mine something he and his turban headed buddies just go nuts over gold. We don't have an "economic" problem we can't solve. Most of the gold bearing land is owned by the US government. The guy is a nutter. The whole world can go into the economic crapper and we could still mine our way out of it. |
| Posted by: Sock Puppet of Doom 2004-11-02 9:34:28 AM |
| #1 He clearly doesn't have a grasp of the US economy. Maybe he needs a nice, Jewish accountant to help him? |
| Posted by: PlanetDan 2004-11-02 9:25:08 AM |