Saddam’s police war

Blogger John J. Reilly explains the flaw in Saddam’s war plan: Back in the early 1980s, Americans who worked in the Japanese financial services industry often went through three stages in their assessment of it. When they arrived, they looked at those corporate balance-sheets that consisted mostly of debt and at the rigged securities markets. … Continue reading “Saddam’s police war”

Blogger John J. Reilly explains the flaw in Saddam’s war plan:

Back in the early 1980s, Americans who worked in the Japanese financial services industry often went through three stages in their assessment of it. When they arrived, they looked at those corporate balance-sheets that consisted mostly of debt and at the rigged securities markets. Their first impression was that the whole thing was lunacy. Then, after they had been in Japan for a while, they began to understand the Japanese way of doing things. They would decide that no, the financial system was not lunacy; it was just different. After they had been there long enough, however, they would finally conclude that, yes, the system was different, but it was still crazy.

I suspect that is going to be the sequence in which we will understand the Iraqi strategy as it has developed by the second week of the war

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He says Saddam is trying to win a Mogadishu-style battle without Mogadishu-type popular support, which isn’t real bright.