Domain: ft.com
Stories and comments across the archive that link to ft.com.
Comments · 760
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That's not the point.
That's not the point I was making. First off, regular people who own stock don't have the enormous options and kickbacks that the executive class does. And secondly, real incomes are falling. We make up for this by working more, and working harder, to make the same money we were before. Does that seem right to you?
--grendel drago -
Clueless
They have to first overcome the problem that people like Google and don't like MS.
Why do geeks have such a hard time understanding that geeks are a *tiny subset* of the entire population. Are geeks really so ignorant to think, "Well, I think this way, so everybody else must, too"? What's up with that?
Regardless of why you and other geeks think this, you couldn't be more wrong.
I suggest that you and other geeks crawl out of your holes once in a while to see what the whole world is all about. -
Natural science vs. natural forces ?
The Financial Times summarizes the event as a major victory for the bad guys (to make it short). Still, the summary given on FFII's page states that the definition of field of technology as the field of applied natural sciences (and not exact sciences) excludes clearly software patents.
Also, Rocard's phrasing was to characterize what is patentable vs. what is not by considering if it requires or not the use of natural forces. All the good guys (to make it short) seem to agree with that characterization.
Can someone explain why it is a "major blow" ? And more precisely what is patentable with natural sciences which is not with natural forces ?
Cheers,
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Go Debian! -
Locks are for Honest PeopleMy dad used to say "locks are to keep the honest people out," and he was right. There are as many ways to ways to circumvent different locks as there are DRM schemes.
The problem, as I see it, has many facets: 1) The music comanies start by perceiving everyone as a possible theif. Their general policies and actions have shown this.
2) a lot of people ARE, in fact, "stealing" "to stick it to the man." and who can blame them? Just by taking wide averages--say, $18/CD with about 20 songs, you're looking at about...a dollar a song. This includes packaging, literature, etc. Or, go to iTunes and spend...about a dollar a song. And they're (the music industry) still claims their prices should go up. Consistently.
I don't know about your neighborhood, but 'round here (Philly) the radio market sucks. There's no real variety, even with the stations that claim a "huge archive of music." What would YOU do?
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Preparing for a more military-centric NASA?
Perhaps this cleaning of the administration is being done in order to facilitate a more military-centric NASA. There has been much speculation (see References) that the US military will begin to weaponize space. A NASA that is less interested in scientific discovery will of course be beneficial to the Pentagon, as they have the capabilities and know-how to design, implement, launch, maintain and control this upcoming space-based weaponry.
References: http://www.reuters.com/audi/newsArticle.jhtml?type =technologyNews&storyID=8522373
http://news.ft.com/cms/s/a4a4e198-c8cf-11d9-87c9-0 0000e2511c8.html
http://msnbc.msn.com/id/7896613/ -
Re:stock scams
I've "known" about it for years. But to back it up I provide these links:
Here
Here
Here
Here
and Here
Judging by the dates on these articles, I'd say at least since 2001, but I'd bet it was long before that.
IBM may be bigger (I dunno, and I'm not going to spend time now researching), but they're not a bigger "software" company. IBM does lots of different things - in fact their business goal since 2001 has been to shift focus to services. -
This would be funny if latest news wasn't so bad
http://news.ft.com/cms/s/9d46eeb0-c34c-11d9-abf1-
0 0000e2511c8.html Downgrades ripple through industry So we can expect another upswing then another downturn: I hope your timing is better than mine! -
Re:Will this really do anything?Not according to the Financial Times: "Software would be patentable only where it controls a physical process or what Mr Rocard describes as a "controllable force of nature". . . by seeking to draw a line between patents for tangible and intangible inventions, Mr Rocard would make it impossible for companies to win patents in areas such as data, video and audio compression, speech coding and encryption.
The EP is pushing for the right changes, making it impossible to weasel patents through by using weasel words. We just have to hope they get them through.
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Re:But (dare I ask) .. why?
Who cares? If you love your old XBOX games that much, just keep it and play your old XBOX games on it
But what happens when your original XBOX breaks, which seems to happen with certain XBOXes on a fairly regular basis. If you look at the article http://news.ft.com/cms/s/08fce29a-c334-11d9-abf1-0 0000e2511c8.html it seems that Nvidia has stopped making the original XBOX chips, and I would assume this would stop Microsoft from being able to continue manufacture the origional XBOX. While I know this isnt Microsoft's fault (may have something to MS going with ATI for the chipset this time around), that will definatly cut back on sales at least in part.
I dont think backwards compatiblity is used as much for people who owned the previous system. Its more likely a selling point for people who owned a different system (PS2, or GC) and would be able to play all the XBOX games they missed, as well as the XBOX 360 games at launch. -
sad
With US real wages fall at fastest rate in 14 years and unemployment for engineers above the national average it remains an outrage the the richest Americans are calling for lower pay for American workers and targeting tech workers for special competition from non-immigrant guest workers.
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Rx©
wrote this interesting piece on the subject.
Copyright and patent protection are like narcotics on a societal scale- useful and effective in small doses for limited times, but addictive and inducing delusional behavior if used for extended periods.
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Re:Oh Canada!
I don't know. Perhaps you can tell me what is wrong with these capitalists? http://news.ft.com/cms/s/ebd06b4a-ad4b-11d9-ad92-
0 0000e2511c8.html -
Voom died...
Because they got bought by Echostar (Dish Network) http://news.ft.com/cms/s/9269dc9c-a181-11d9-95e5-
0 0000e2511c8.html/ -
Re:PR campaign...If the bird flu problem in North Korea cannot be contained, then DMZ robots would take a back seat to the greater problem of widespread infection, pandemic throughout Korea:
Concerning the North's efforts to contain bird flu, the ROK has been asked to help/send assistance to the North. The threat of bird flu (H5N1) and the resulting destruction of an important food source does not bode well for the DPRK.Perhaps the South's robot technology can lead to robots that can spray disinfectants in the big chicken farms the North Koreans have (or had). Humans have to wear protective suits to do that.
Check out what one scientist says about bird flu killing 1 billion people.
Hope North Korea gets the aid it needs to contain the virus for a while longer.
The US is sending testing kits needed to determine the scope of the problem.
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Re:Over ExtensionNumber of employees: 3,021 as of December 31, 2004
Market value $57 billion
It's kind of hard to see that as "over extended".
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Re:Pre announcementsHeh, Problem is he forgot to do his:
Apple gets 3 times as much money as musicians from each sale. Apple takes a 35% cut from every song and every album sold, a huge amount considering how little they have to do. Record labels receive the other 65% of each sale. Of this, major label artists will end up with only 8 to 14 cents per song, depending on their contract
Sites in the US typically sell tracks for 99 cents each. The wholesale price is currently 65 cents per track
The wholesale price of a track is thought to be around 65c, but the success of Apple's iTunes online music store, which to date has sold more than 200m songs and accounts for some 65% of the download market, has raised the eyebrows of music executives
In the United States, online stores typical sell music downloads for about 99c per track. The wholesale cost of these tracks (that the shops pay) is about 65c."
The majors are asking and getting about 65 cents per download from each 99 cent download from Apple
with Apple paying the record companies an average of 65cents per track...[from a FORTUNE article]
And straight from the FT horse's mouth. (reg required)
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Re:Last time I checked...Apple gets much more than 4c per song. The analysis you are seeing on stock geek websites are showing total operational profits. NOT the margin on the actual song.
Apple gets 3 times as much money as musicians from each sale. Apple takes a 35% cut from every song and every album sold, a huge amount considering how little they have to do. Record labels receive the other 65% of each sale. Of this, major label artists will end up with only 8 to 14 cents per song, depending on their contract
Sites in the US typically sell tracks for 99 cents each. The wholesale price is currently 65 cents per track
The wholesale price of a track is thought to be around 65c, but the success of Apple's iTunes online music store, which to date has sold more than 200m songs and accounts for some 65% of the download market, has raised the eyebrows of music executives
In the United States, online stores typical sell music downloads for about 99c per track. The wholesale cost of these tracks (that the shops pay) is about 65c."
The majors are asking and getting about 65 cents per download from each 99 cent download from Apple
with Apple paying the record companies an average of 65cents per track...[from a FORTUNE article]
And straight from the FT horse's mouth. (reg required)
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Re:Pre announcements"Where did you check?"
Apple gets 3 times as much money as musicians from each sale. Apple takes a 35% cut from every song and every album sold, a huge amount considering how little they have to do. Record labels receive the other 65% of each sale. Of this, major label artists will end up with only 8 to 14 cents per song, depending on their contract
And checked:
Sites in the US typically sell tracks for 99 cents each. The wholesale price is currently 65 cents per track
And Checked again:
The wholesale price of a track is thought to be around 65c, but the success of Apple's iTunes online music store, which to date has sold more than 200m songs and accounts for some 65% of the download market, has raised the eyebrows of music executives
And Checked again:
In the United States, online stores typical sell music downloads for about 99c per track. The wholesale cost of these tracks (that the shops pay) is about 65c."
And Checked again:
The majors are asking and getting about 65 cents per download from each 99 cent download from Apple
And Checked again:
with Apple paying the record companies an average of 65cents per track...[from a FORTUNE article]
And Checked again:
And straight from the FT horse's mouth. (reg required)
"Because the numbers I have (as a shareholder) reveal that margins are closer to 6%"
Then you are not a very astute shareholder. Total operating profits ARE NOT THE SAME as resellers margin. Apple sells their songs at a significant margin. This isn't going to stop them from burning it all on (well recieved) advertising. But it certaintly does not have anything to do with "razor thin" margins. MARGINS are defined based on the cost of a product. PROFITS are defined based on your total revenues and your total costs. There is a HUGE difference here. iTMS is a VERY HIGH MARGIN business. It just so happens that Apple puts nearly every penny they earn off it back into the business in the form of advertising.
Get your facts straight before you go spouting off your BS about being a "shareholder" and your "portfolio" says differently and the "data you have" shows differently. Saying things like this doesn't make you look smarter. Having a Ph.D. doesn't make you look smarter. It just makes other people who read your posts confused because they are reading 2 different things (yours being the wrong one)
"I'll let the Ph.D. and my publications speak to that"
With all due respect, I hope your Ph.D. it is not business, being that you cannot accurately define margin and profit. -
Re:Pre announcements"You never "checked". Apple does not release information on their gross or net profits per song. There has been a credible analyst that puts it at 25c proft, and an analyst in TFA puts it at 4c. Truth is we really don't know."
No, I did check:
Apple gets 3 times as much money as musicians from each sale. Apple takes a 35% cut from every song and every album sold, a huge amount considering how little they have to do. Record labels receive the other 65% of each sale. Of this, major label artists will end up with only 8 to 14 cents per song, depending on their contract
And checked:
Sites in the US typically sell tracks for 99 cents each. The wholesale price is currently 65 cents per track
And Checked again:
The wholesale price of a track is thought to be around 65c, but the success of Apple's iTunes online music store, which to date has sold more than 200m songs and accounts for some 65% of the download market, has raised the eyebrows of music executives
And Checked again:
In the United States, online stores typical sell music downloads for about 99c per track. The wholesale cost of these tracks (that the shops pay) is about 65c."
And Checked again:
The majors are asking and getting about 65 cents per download from each 99 cent download from Apple
And Checked again:
with Apple paying the record companies an average of 65cents per track...[from a FORTUNE article]
And Checked again:
And straight from the FT horse's mouth. (reg required)
Please NOTICE for one second that I never talked about PROFITS. I talked about resellers margins. There is a BIG difference. Apple just happens to spend most of their margins on advertising. If you make a million dollars in a year doing business, but spend a million advertising, then that is a break even. It doesn't mean that you didn't sell something for a million dollars more than you paid for it though! -
Just like the Pentagon
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Slight elaboration on corporate ties
I assume that BBC has a British, Anglo-centric bias, but that's clear and obvious. I like the US version of the Fiancial Times, just for general news. http://news.ft.com/home/us and I find the "financial" press gives the best coverage of political, non-financial news. The problem with (American) "corporate" news is that the bias isn't made clear, and its hard to untangle sponsorships and ownerships. I think I'd be more apt to watch NBC News if they called themselves "GE Vivendi Universal News," but I don't expect that to happen soon.
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Re:Saw it this morning
The first thing I did was think "yeah, this could be a really cool way to compare news bias..."
So I added two sections side by side: one from the UK "World News" section, and the other from the US "World News" section.
Top stories in the UK World News were
- Israeli troops kill Palestinian in raid; death may upset truce
- Gunmen kill two police chiefs and two other Iraqis in Baghdad
and yet neither story was mentioned on the US side. The top story in the US world news was:
Does this mean that as an advertising company, Google could be in danger of falling prey to the advertising pressures that rule the traditional US news media? Draw your own conclusions, I guess....
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Sony = $60+ Billion in Debt
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What about Carly Lukes?
How will Martin Lukes react to this news??
For those who don't read the Financial Times, the Martin Lukes column is a horribly spot on satire of a man completely brainwashed with all that trendy business thinking. (Creovative, anyone?) He names his baby daughter after Carly Fiorina. -
What about Carly Lukes?
How will Martin Lukes react to this news??
For those who don't read the Financial Times, the Martin Lukes column is a horribly spot on satire of a man completely brainwashed with all that trendy business thinking. (Creovative, anyone?) He names his baby daughter after Carly Fiorina. -
She was forced outAccording to the Business Standard she was forced out.
"While I regret the board and I have differences about how to execute HP's strategy, I respect their decision," Fiorina said a statement. "HP is a great company, and I wish all the people of HP much success in the future."
There have been other shakeups in personel at HP leading to speculation that there is something wrong. You have to wonder if all the animosity she accrued while making the HP/Compaq merger happen has finally been returned.
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Re:Economist is better than the rest...
I've read the Economist quite a few times and I've almost always been disappointed in the quality of the reporting. IMNSHO, the best English language news publication is the Financial Times.
http://www.ft.com/ -
Re:Linux community already donates
In similar news, "UK will match Gates vaccines cash" Article here -
Worrying FT article - Poland given in to lobbying?
From the Financial Times,
http://news.ft.com/cms/s/d4230280-6b53-11d9-9357-0 0000e2511c8.html
Governments had agreed a compromise version of the law more than six months ago, but Poland subsequently refused formally to sign it.
But a Brussels-based Polish official said yesterday Warsaw was now prepared to back the legislation, though Poland would issue a declaration detailing its concerns over the draft law. -
Re:WAIT A MINUTE
So, does this mean that HP are no longer good guys?
They haven't been good guys since Carly Fiorina took over.Remember the "starter cartridges" being the exact same as regular cartridges, just half-filled?
If you want to know who is to blame for this latest piece of BS, the guy's name is Vyomesh Joshi http://news.ft.com/cms/s/f7f94b56-68f6-11d9-9183-
0 0000e2511c8.html,
or for the lazy:Vyomesh Joshi has been widely praised for boosting earnings at Hewlett- Packard's highly profitable printing unit. Now the rising star will try his hand at the struggling personal computer division.
The move establishes Mr Joshi as a likely heir to Carly Fiorina, HP's chief executive. Ann Livermore, who runs the corporate computing division, is seen as the other top contender for Ms Fiorina's job on her departure. Over three years as head of the printer unit - which accounts for 73 per cent of group operating profits - Mr Joshi boosted profit margins from about 10 per cent to almost 17 per cent at the end of last year. In the quarter to October 31, the printing division made profit of $1.1bn on sales of $6.5bn. H-P eventually plans to introduce the concept across its entire line of inkjet printers Let them - I won't buy an h-p inkjet anyway.
Last week HP said it would combine its printing unit with its PC division, giving Mr Joshi, 50, control of its two most consumer-focused businesses as the $80bn-a-year company pushes to become a provider of digital home electronics gear. -
Re: Great...
> Hint: WMD was one of several reasons, and not the top one.
Guess that's why Powell played it down when he presented the case to the UN, huh.
> The report stated that Saddam had a complete bioweapons infrastructure in place and ready to ramp up to full production within a 6 month period.
What the Administration likes to forget to tell you is that practically any nation in the world could start producing bioweapons within six months.
> Knowing now just how rotten and corrupt the oil for food program was, it was only a short matter of time before Saddam was once again cranking out bioweapons.
Another alternative would have been to crack down on the corruption rather than ignoring it.
The Bush Administration has been trying to put an anti-UN spin on the scandal, but it's about to kick them in the balls. -
Re:Matsushita Good, Sony Bad
Well in South Korea Matsushita is not loved, since they just brought down some of their patent portfolio weight on a competitor (LG). S Korea responded with banning Matsushita products from being sold after LG complained that Matsushita's product infringed on their S Korean Patents. A brief news article
Just goes to show you that even the best companies are still competitors, and will use their patents to their advantadge. -
Re:There's only one real cash and it's not euro
Nowadays we're on our way to 1 Euro equaling 1.5 dollars [...] and (no surprise) again the US stupidos are laughing
I would call you a moron straight up, but it would be sarcasm through the tears, since I myself am not happy with the situation, which I will correctly describe to you below.
The "US stupidos" might not be so stupid, unfortunately. A weak dollar (while making their Walmart-sold imported goods expensive) is making the debts cheap for the U.S. For a simple reason: because the dollar-denominated debt (government bonds mainly) nominally stays the same (plus of course interest). The debt is however a burden on the side of those who are being owed - non-US-currency-based economies. The U.S. government owes to those who hold the U.S. government bonds (the bonds are sold by the government whenever it needs to finance its activities, examples: war, budget incompetency/deficit, project, ...).
The current major holders of U.S. government bonds are foreign banks (mainly central banks like the European Central Bank or the Chinese, Japanese and other equivalents of a central bank).
The dollar being weaker and weaker, their holdings for which they paid big money at the time (let's say a bond for 100 Euro) are becoming worth less and less (75, 50, ... and less Euro). Essentially, everyone is watching the dollars in their hands become a more and more useless comodity that eventually no one will be interested in holding. The central banks are already diversifying, but the game is becoming "the later you jump out of the wagon, the more screwed you will get" and possible solutions are few.
By the way, your comment about who is paying less for oil products, Europe or the U.S. (it is the U.S. in case you didn't know) has nothing to do with this discussion. -
Re:Whine, whine, whine
Its already having implications.
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Bush is ahead of that gameBush already cancelled the PNGV (the Clinton administration program to produce an 80-MPG full-size car, due to have delivered right about now) in favor of a hydrogen car program that won't deliver for another 14 years.
Who's paying for this delay in government progress toward freedom from terrorist-loving oil producers? The US taxpayer, that's who. In the mean time, GM and DMC have gotten with the program and decided to produce hybrid drivetrains, and most if not all hybrid systems can be adapted to become partially grid-powered plug-in hybrids with the addition of bigger batteries, different energy-management algorithms and a charging system. Such cars would not require wiring beyond a standard extension cord until their all-electric range got upwards of 30 miles, while even short all-electric range could eliminate an enormous fraction of motor fuel consumption.
In other words, industry is about to do incrementally what the current administration appears to be trying to prevent by demanding all-or-nothing leaps.
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Re:Bigger problems abound
Considering the age of the planet, versus the age of the Human species, it will. Oil takes several tens of millions of years to form while under great pressures while the human species has only been on this earth for maybe 3 million years. Millions of years from now, oil will renew its self, and chances are heavily in favor of an extinction event occuring some time before them regarding the human race. So yes, petrolium will eventually renew, and will outlast the human race, because we will not be inhabiting the planet to extract the oil.
If you are reffering to the current oil reserves, (which I assume you are), then it is almost inevitable the impact on the human species due to inadequate oil supplies will take hold. Ranges on the peak date vary somewhat, with 2007 being the earliest generally accepted date. The USGS predicts peak extraction will occur around 2025, and this is considered a "best case" scenario. One only needs to look at previous data to confirm that M. King Hubbert was correct in his 1970 peak extraction date for the contidental United States. The CIA also performed a study in 1977 regarding the upcoming Soviet Oil Crisis (doc ER 77-10147). Interesting to note is the fact that this report was not declassified until January 29, 2001 even though the USSR had collapsed almost 10 years earlier.
Peak Oil is a well known phenomenon, only this time, it is taking place on a global scale, and not only on a reigonal basis. Due in part to the lack of sufficient energy, the Soviet Union no longer exists. The United States also outspending the USSR also contrubuted significantly to thier collapse. This situation is also being repeated with OPEC reducing the amount of funds held in USD in favor of the Euro and Pound Sterling, as well as Japan threatening a "Huge Dollar Sell Off". Enjoy the good times while they last, for they may not last long. -
Re:Reuter's story
And here's Financial Time's story.
It's interesting to note that Lenovo will move its HQ from beijing to New York and its current president will be chair while IBM's PC division head will be the new CEO. -
Re:I hope the life is good...Right... With the use of pharmaceutical drugs by Americans (US & CAD) rising, it's like we're moving towards that already.
I just hope these drugs taste like Flintstone vitamins, with the "fun" effects of MDMA, and the cool look of smiley faces (tongue hanging out :P). -
Re:bad guys
Napster creator unveils new company Any Coincidence ?
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timing....Re:I need clairification on....
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Eric Schmidt says NO!
Google rules out becoming a net portal.
http://news.ft.com/cms/s/3d077db6-25ff-11d9-81d9-0 0000e2511c8.html/
Nothing worse than ruining the speculation wars with facts. -
Expressly denied by Google CEOSee http://news.ft.com/cms/s/3d077db6-25ff-11d9-81d9-
0 0000e2511c8.html
Specifically
One widely rumoured defence against Microsoft has been a Google web browser potentially countering the software giant's ability to embed its own search engine into its operating system.
"We are not building a browser," Mr Schmidt said.
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Re:In other news...
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In other news...
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Re:Non-Americans
Of course, if non-US citizens could vote, it's pretty clear what the result would be...
Yes, but I think you should also take into account this other poll which found that, "58 per cent of Europeans hold that strong US leadership is undesirable." So apparently they agree with Republicans who say that Kerry wouldn't be a strong leader. -
Re: Any news
Any sequels to the LOTR will surely piss off many, many fans (of the books and movies). On the other hand if The Hobbit gets made that will please many, many fans. Let's just hope that Time Warner is successful in its bid to purchase MGM Studios who owns part of the movie rights to The Hobbit.
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Re:Hehe!
fixed the link for you
So this is where "Dumb American" finds its roots... Sadly, I'm an American (or more correctly, a US citizen). -
Re:This is a long-run trend
Actually,yes. Compare the volume of books in your local bookstore today with that of a standard bookstore 30 years ago. Do you think it's possible to have such an increase in volume based on typewriter technology? In fact, any idiot can write and publish a book today. In fact, although not everyone is Dante, it is becoming harder for good writers to gain recognition because most people end up buying crap Tom Clancy books. Hence the death of literature. So the same paradigm applies to your example too.
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Two other news sources without registration.
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Re:Let the flamewar....COMMENCE!If the war in Iraq was about "weapons of mass destruction", then we would've found some by now.
The US has found Weapons of Mass Destruction, the first ones in May, and now a larger number have been found (alt reference). In addition to the actual weapons, the inspectors have discovered numerous activities aimed at developing banned weapons such as long range missiles, biological weapons, chemical weapons, and continuing interest in nuclear weapons. By the way, there is also new evidence of attempts by Iraq to get uranium.
Nobody should be surprised that it would take some time to find any of them given this section from David Kay's statement:Let me turn now to chemical weapons (CW). In searching for retained stocks of chemical munitions, ISG has had to contend with the almost unbelievable scale of Iraq's conventional weapons armory, which dwarfs by orders of magnitude the physical size of any conceivable stock of chemical weapons.
For example, there are approximately 130 known Iraqi Ammunition Storage Points (ASP), many of which exceed 50 square miles in size and hold an estimated 600,000 tons of artillery shells, rockets, aviation bombs and other ordinance. Of these 130 ASPs, approximately 120 still remain unexamined.
As Iraqi practice was not to mark much of their chemical ordinance and to store it at the same ASPs that held conventional rounds, the size of the required search effort is enormous.