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Friday, January 26, 2007

Swindle

How the Iraq War resembles the Savings and Loan debacle of the 1980's:
The other rule of Texas high-rollers back then was to never place your own money into risky deals. Instead use what they called "OPM," Other People's Money. In the case of the S&L debacle, the money stolen and squandered was taxpayer insured savings.

That's precisely the kind of deal Bush has had going in Iraq, and wants to extend. He's not putting his own children's lives at risk, but OPK - Other People's Kids. And his rolling deployments gathers no loss. As long as he can keep feeding fresh troops into Iraq his project cannot be proven a failure. If Bush can just keep borrowing other people's kids to place at risk, and rolling over - renewing -- his Iraq policy for just two more years, he's home free. It's another Texas "win/win" in which the perp gets away and the American people pay the price.

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