When no weapons of mass destruction were found in Iraq, countries that had initially supported US and UK for the war on terrorism did a volte-face. In this hullabaloo, Luxembourg had chosen to remark on the inconsistency in US and British assessments of Iraq. The then Premier of France, Jacques Chirac remarked on the faux pas "They lost a perfect opportunity to keep quiet."
Was it really about W.O.M.D or the oil? I mean the contract with Kuwait was USD 30 per barrel for getting the Arab folks their country back. Today oil is at USD 75 per barrel. A few months ago it was USD 92 per barrel.
Anyway, our present vexation with the 1-2-3 agreement is much the same ordeal.
The leftists in our country are crying foul over the deal like Luxembourg had on WOMD. Well it does give the Leftists some political mileage and the satisfaction that every strategic decision made by the center will be carefully re-viewed. It maybe of consequence to note that the cry was raised just to get your attention the decision has not changed, but the people will remember the hue and cry.
The real nuclear deal is to balance the Chinese on this side of the continent besides off course it does provide a clean source of energy. I mean our billion market balances their billion market. The US is China's consumer market, India is the US's consumer market. The Chinese are investing their surplus in low yield US treasuries. The US government is going to use this Chinese money to stimulate growth, investment, jobs domestically and assist economies that will help US companies. It will continue to invest in capital markets which can generate better returns than the yield it is paying the Chinese.
In other words it will do what it is doing now with Kuwait Oil, using a USD 30 per barrel crude oil and selling it for USD 75 per barrel.
Supplementary to the commercial aspect is the military aspect; the US wants India to balance China. Further still, India is a nuclear power, its is about the bomb and getting on the security council like the 5 other member who are all nuclear capable. The Americans aren't going to come out and say this in the open, they will have Pakistan, China, Iran the non proliferation community crying hoarse.
"No enterprise is more likely to succeed than one concealed from the enemy until it is ripe for execution." -Niccolo Machiavelli
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