BREAKING NEWS
June 22, 2006
If Necessary, Strike and Destroy
North Korea Cannot Be Allowed to Test This Missile
By Ashton B. Carter and William J. Perry
North Korean technicians are reportedly in the final stages of fueling a long-range ballistic missile that some experts estimate can deliver a deadly payload to the United States. The last time North Korea tested such a missile, in 1998, it sent a shock wave around the world, but especially to the United States and Japan, both of which North Korea regards as archenemies. They recognized immediately that a missile of this type makes no sense as a weapon unless it is intended for delivery of a nuclear warhead.
Should the United States allow a country openly hostile to it and armed with nuclear weapons to perfect an intercontinental ballistic missile capable of delivering nuclear weapons to U.S. soil? We believe not. Intervening before mortal threats to U.S. security can develop is surely a prudent policy. Therefore, if North Korea persists in its launch preparations, the United States should immediately make clear its intention to strike and destroy the North Korean Taepodong missile before it can be launched.
Diplomacy has failed, and we cannot sit by and let this deadly threat mature.
Ashton B. Carter was assistant secretary of defense under President Bill Clinton and William J. Perry was secretary of defense.
Washington Post
June 1994
|
| April 2007 |
| S |
M |
T |
W |
T |
F |
S |
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
|
8
|
9
|
10
|
11
|
12
|
13
|
14
|
|
15
|
16
|
17
|
18
|
19
|
20
|
21
|
|
22
|
23
|
24
|
25
|
26
|
27
|
28
|
|
29
|
30
|
|
|
|
|
|
|
|
 |
|
« Previous |
Main Page
| Next »
|
Tension With N. Korea Rises as Stocks Fall
By: Pete Kendall, June 22, 2006 |
Global tension will mark the “new era.”
The Elliott Wave Financial Forecast, April 2002 |
In At The Crest of the Tidal Wave, Elliott Wave International called for a big escalation in the number and intensity of geopolitical rifts. “The coming trend of negative social psychology will be characterized primarily by polarization between and among various perceived groups, whether political, ideological, geographical or economic. The result will be a net trend toward anger, fear, intolerance, disagreement and exclusion.” North Korea is a logical place for tension to appear because it’s formation and separation from South Korea came at the end of the last Cycle degree bear market (in inflation adjusted terms). Bear markets tend to pick up where preceding waves of similar degree and direction leave off. According to various Internet sources, North Korean interest in nuclear weapons actually dates back to the Korean War, when the U.S. “seriously considered and threatened the use of nuclear weapons as an option to end the hostility.” This chart illustrates how North Korea’s efforts to acquire and deliver them has leapt into the spotlight as the stock market has plunged.
After the stock market retrenched in early 1994, the cover at left appeared in Time magazine. Then in August 31, 1998, as stocks were once again lodged in a tailspin, the global “shock wave” referenced in the article on the left took place. Of course, the shock passed quickly because the social mood, as reflected by the stock market, bottomed soon thereafter. The chart shows the effect of the all-time highs, a freeze in nuclear development followed by North Korea’s withdrawal from Nuclear Nonproliferation Treaty near the lows in 2003. The latest conflict comes in the wake of another market downdraft. Unlike 1998, the tension is not likely to dissipate quickly. |
|
Post a comment
|
|
|
|
| RECENT ARTICLES |
|
April 16, 2007
Does Imus Cancellation Radio a Bear Market Signal?
read more |
April 12, 2007
One Small Coffee Shop Uprising for Starbucks, a Grande Leap for Labor
read more |
April 11, 2007
Dazzling Finish: Cars Bring Once-Boring Shades To Life
read more |
April 10, 2007
T in T-Line Stands for Top
read more |
April 5, 2007
The Fight for a Free Vermont? Must be a Big, Big Turn
read more |
|
|
| ARTICLE COMMENTS |
|
|
|
|
|
