Word: kuwait
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...enemy's. They wanted to stay out of World War II until Pearl Harbor made the choices crystal clear. Even in 1991, with 500,000 troops poised in the Persian Gulf, the U.S. Senate voted only 52 to 47 in favor of attacking Saddam to drive him out of Kuwait. Americans don't like the mission to Bosnia, and they hated the intervention in Haiti...
...knows you know all about the uneasy U.N. The French and Russians want Saddam's oil. The U.S. and Britain want his weapons. Kuwait wants his head. The Saudis can't decide, and the Chinese don't seem to care. Everybody wanted Harry Lime, too. But to get him, you have to choose a side. It gets ugly...
Inside Operation Desert Storm, the military juggernaut that freed Kuwait in 1991, was a small, secret operation all its own: an effort to kill Saddam Hussein. Of the 40,000 U.S. air attacks during the Gulf War, about 40 were aimed at the Iraqi leader's headquarters, residences, command bunkers and buildings he was expected to visit. Pentagon lawyers had ruled that Saddam was a legal target because he was considered a wartime military commander. But in the end it didn't matter. Saddam and his entire family came through without a scratch...
Like presidential approval ratings, stock prices tend to inflate when the U.S. engages in armed conflict. Look no further than the tireless bull market that we enjoy today. It began in 1991 when the U.S. drove Saddam Hussein and his Iraqi army out of Kuwait. The first allied air raids came on Jan. 17 of that year and sent the Dow Jones industrial average soaring 4.6% in a day. By mid-March the Dow had jumped...
...mouse as Saddam Hussein tested what he would have to concede to forestall military attack. The American President exhausted every diplomatic option before unleashing the allied assault. Saddam's ultimate objective was to hold on to a prize he deemed essential to his power. Then it was Kuwait. Now in the first weeks of February 1998, the stakes are weapons of mass destruction, but the game is distinctly the same. And the question is whether the result will be the same: vast destruction in Iraq but the continued reign of Saddam...