[log in to unmask] wrote:
: John Lee wrote:
: > To be sure, none of this guarantees there will be no war.
: > Tomorrow, Pakistani militants could easily do something so
: > outrageous and provocative that India would have to
: > retaliate.
:

Or some terorist group could gain control of a nuclear device from
either side, and detonate it where it would cause the most damage
for the Wsst, such as Bangalore.


: I would think that it would be damaging enough to India's economy for
: Pakistan to "nuke" any major city in India containing such business
: centers, regardless of India's response. Indian retaliation would likely
: make matters worse, but a single strike would likely not only damage
: American corporate interests,

And possibly bankrupt the U.S. government's treasury to pay off claims
made against the Overseas Private Investment Corporation political risk
insurance, which covers losses from both civil and international war;
OPIC has $ 4 billion now for such claims:

   http://www.opic.gov/insurance/welcome.htm
   OPIC Insurance Main Page

  "OPIC'S OBJECTIVE:
   To promote and facilitate U.S. investment in emerging market economies
   by helping businesses manage risk.

   Expertise

   "Interest in political risk is growing rapidly, driven by investors'
   reluctance to invest in emerging market debt in the aftermath of the
   financial crisis in Asia, Russia and Latin America. Although the
   crises were not caused by any sovereign exchange controls, investors
   are nevertheless seeking additional coverage for sovereign risk."

                                                      - Standard & Poor's

   Risk (risk), n. 1. Exposure to the chance of injury or loss; a hazard
   or dangerous chance. Risk in today's increasingly global marketplace
   can take many different forms. Risk is a very real factor in business
   and investor decision making, and managing that risk is paramount to
   the ultimate success or failure of any international activity. Whether
   it is the expropriation or nationalization of your assets or losses
   that result from politically motivated violence such as civil or
   international wars, these risks affect businesses across the globe
   every day. OPIC Political Risk Insurance provides the security and
   peace of mind necessary to pursue opportunities in emerging markets,
   places where the rules of the game can change drastically and
   suddenly."

:
: but result in those same interests looking elsewhere for "cheap labor".
:

HP, IBM, Intel, Cisco, Oracle, and Microsoft already have at least one
source for "cheap labor":

   http://digitalmass.boston.com/news/tech_innovation/news/0513_vietnam.html
   Vietnam's IT industry eyes huge foreign contracts

  "HANOI, Vietnam -- Quantic Software's managing director Bui Quoc Hung
   and his crew of 60 programmers have been busy this past year juggling
   a stream of projects from overseas giants such as Nortel Networks,
   Japan's NTT and Cisco Systems.

   "Vietnam is not yet known for its software, but Vietnamese programmers
   have good skills. And we are cheaper than India and China," Hung said.

   [snip]

   Vietnamese programmers charge less than half what their counterparts
   in India make. Including overhead charges, corporate customers pay
   about $20,000 per person per year in Vietnam, compared to $30,000 in
   Russia or Romania and $40,000 in India, Research Vietnam says..."

Globalists have no loyalty to their current "cheap labor" du jour:

   http://www.humaneventsonline.com/articles/06-11-01/carney.html
   U.S. Tax Dollars Funding GE Factory in Mexico

  "...Jack Welch, GE's CEO, said on CNN's "Moneyline" in 1998, "Ideally,
   you'd have every plant you own on a barge..."


--Jerry Leslie   (my opinions are strictly my own)
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