This page has been archived and commenting is disabled.

And Defense Secretary Gates Just Uttered The Magic Word...

Tyler Durden's picture


US Defense Secretary Gates says establishing no-fly zone for Libya would require an attack on Libya

As a result, the entire crude complex levitated higher as if HFTed by the Fed's POMO desk.


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 03/02/2011 - 12:32 | 1011491 Cognitive Dissonance
Cognitive Dissonance's picture

My PMs also wish to thank Defense Secretary Gates.

Thank you!

Wed, 03/02/2011 - 13:19 | 1011741 Red Neck Repugnicant
Red Neck Repugnicant's picture

Magic words and phrases? !!  Oh, this will be fun!

Before I actually read what the magic word/phrase actually is, allow me to guess.  

Since this is primarily a libertarian forum for racist redneck goofballs, the options are endless:



You done fired me up!

I want my country back!

Canned Hams


Removable front porch



Underground bunker


Smoke 'em out

Little House on the Prarie





Field and Stream Magazine

Get 'er done!



Eatin' high on the hog

Fix'n to put on britches

What in tarnation?

Silver to $50

........Should I go on, or did I guess it right?




Wed, 03/02/2011 - 13:21 | 1011753 Cognitive Dissonance
Cognitive Dissonance's picture

You missed completely. And may I remind you that the side of the barn is over there. ---->

Wed, 03/02/2011 - 13:24 | 1011762 Red Neck Repugnicant
Red Neck Repugnicant's picture

Over yonder?

By uncle Chet's trailer?

I done gone there, and there ain't nutin' there but dem cows. 

Wed, 03/02/2011 - 14:09 | 1012032 Harmonious_Diss...
Harmonious_Dissonance's picture

You sir are human paraquat.

Wed, 03/02/2011 - 14:13 | 1012047 Dr. Porkchop
Dr. Porkchop's picture

Leave the cow's political leanings out of it.

Wed, 03/02/2011 - 14:14 | 1012052 Hexus
Hexus's picture

-7 junks.

Wed, 03/02/2011 - 18:40 | 1013109 downrodeo
downrodeo's picture

LOL, you and redneck are probably giving one another the over-the-cubicle high five in your NSA dungeon. Has anyone else noticed the troll invasion of ZH over the past 4-6 weeks? They're multiplying like rabbits...

Wed, 03/02/2011 - 13:24 | 1011778 NYPoke
NYPoke's picture

Not hard to miss the side of the barn, when you are pointed in the wrong direction.

Wed, 03/02/2011 - 13:24 | 1011781 tmosley
tmosley's picture

Need I remind you that you are the only one here who is a racist?

I recall you blithering on about how the brains of blacks and mulattoes are smaller than those of whites recently.

Get the fuck out of here.

Wed, 03/02/2011 - 14:09 | 1012036 trav7777
trav7777's picture

huh?  Average brain size of blacks IS smaller.

This is what we call a "hate fact."

Oh and while I'm up, STFU you uncle tom racebaiting fuckstick

Wed, 03/02/2011 - 14:18 | 1012077 tmosley
tmosley's picture

Oh wow, he wasn't making shit up about you.

Here I was, defending your honor, and calling HIM the racist for summoning crazy racist thought out of his mind.


But hey, you and I fight enough that I can distance myself from you.  So yeah, go fuck yourself.

Wed, 03/02/2011 - 23:22 | 1013868 Mark McGoldrick
Mark McGoldrick's picture

quod erat demonstrandum....maybe this Red Neck guy is right - lots of bullshit racism around here. 


The kaleidoscope of racism and bigotry through which you perceive your version of reality is a major impediment to your understanding of the world around you. You remind me of pompous 19th century European anthropologists and anatomists who manipulated data to make their culture and race look smarter than the rest of the world. Or if you're referring to the "research" by the The National Collaborative Perinatal Study from decades ago which attempted to correlate the radius of the cranium and intelligence, then you're relying on archaic science that has been thoroughly discredited. 

All the of the studies which attempted to correlate the size/weight of the brain and/or the radius of the cranium to intelligence were donebefore the major advancements in neurosurgery that we have today.  These highly complex and sophisticated procedures that we do today blow apart most of the pseudo-neuropsysiology of the past that was clearly and overly obsessed with differentiating races and cultures to no avail.   

It would be a massive surprise to those pseudo-researchers to see the results of modern day neurosurgery.   There are a myriad of neurosurgical procedures that sever one part of the brain from another, like a bilateral cingulotomy or a corpus callosotomy where the entire left and right hemispheres are severed - and there is no significant loss of memory or cognitive abilities in many patients. Multiple subpial transections are common too with, again, no affect on intelligence or memory.  

Even more extreme, properly trained neurosurgeons can successfully remove an entire hemisphere (functional hemispherectomy) of the brain with (often times) little affect on motor skills, intelligence or memory. It seems that size and weight of brain mass means nothing, and the radius of the cranium means even less. 

If regions of the brain can be totally severed from other regions, and if half a brain can be removed with no affect on intelligence whatsoever, do you really want to suggest that two standard deviations in cranial radius is significant?  You are relying on anatomical research that used rulers and scales. I'm relying on modern neurosurgical procedures that discredit your entire racist world view. 

Perhaps you should take a protractor to your own skull.  

Wed, 03/02/2011 - 13:29 | 1011802 jus_lite_reading
jus_lite_reading's picture

LMAO. Hey, I think you have about 2 posts left before TD kicks you outta here.

Wed, 03/02/2011 - 13:29 | 1011808 Spastica Rex
Spastica Rex's picture


Wed, 03/02/2011 - 13:41 | 1011871 bpj
Wed, 03/02/2011 - 13:47 | 1011906 Confused
Confused's picture

I junked you. Surely you have something better to do. 

Wed, 03/02/2011 - 14:10 | 1012039 Lord Welligton
Lord Welligton's picture

Not sure I follow you old bean.

Do you mean the a no-fly zone is not likely or that an attack of some kind, in order to establish a no-fly zone is not likely.

Or are you cerebrally challenged?

Wed, 03/02/2011 - 18:25 | 1013047 downrodeo
downrodeo's picture

So, do you lob these ill-conceived and insulting labels. Is it meant to make you feel better about who you are, or to make us feel worse about ourselves?

What purpose do you serve? Why do you put this energy out into the universe?

Wed, 03/02/2011 - 20:49 | 1013501 StychoKiller
StychoKiller's picture

THE magic phrase to get Progressives such as yourself to foam at the mouth:

Now, go to this site, it's more of a target-rich environment for such as you:

Wed, 03/02/2011 - 13:22 | 1011767 Math Man
Math Man's picture

Have you guys forgotten that we bombed Lybia in 1986 and the stock market went up 20% that year?


Wed, 03/02/2011 - 13:26 | 1011791 tmosley
tmosley's picture

Where is Lybia?

Wed, 03/02/2011 - 13:31 | 1011821 Math Man
Math Man's picture

Near your Labia.


Wed, 03/02/2011 - 13:41 | 1011862 tmosley
tmosley's picture

Like other trolls, you seem to have trouble understanding that not everyone is like yourself.

On a lighter note:

Wed, 03/02/2011 - 13:34 | 1011837 Spastica Rex
Spastica Rex's picture

Typo; he meant "Labia."

Wed, 03/02/2011 - 13:34 | 1011840 alien-IQ
alien-IQ's picture

War = Market Viagra. How lovely.

Wed, 03/02/2011 - 13:54 | 1011939 pods
pods's picture

Watch out baby, math man is gonna bomb your labia!




Wed, 03/02/2011 - 12:32 | 1011494 slow_roast
slow_roast's picture

Protect the industrial complex - turmOIL protection in full effect bitchez!

Wed, 03/02/2011 - 13:38 | 1011863 jus_lite_reading
jus_lite_reading's picture

Uh oh... IRAN is heating up their big guns.

Serious shit about to break out. Hope you took your physical...

Wed, 03/02/2011 - 12:32 | 1011497 tmosley
tmosley's picture

Silver is pushing at $35.

All the idiots who poo-pooed silver as being an investment for crazy people continue to weep and gnash their teeth.  Serves them right.

Wed, 03/02/2011 - 12:38 | 1011542 Dr. Porkchop
Dr. Porkchop's picture

Math Man's troll senses have just gone off, he will be here to battle you shortly.

Wed, 03/02/2011 - 12:45 | 1011580 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Buried in the Troll graveyard.

Wed, 03/02/2011 - 12:48 | 1011584 Cognitive Dissonance
Cognitive Dissonance's picture

Pavlov's dog has begun to drool. Get the troll mop ready. It's gonna be a messy day in aisle 3.

Wed, 03/02/2011 - 12:50 | 1011610 A Man without Q...
A Man without Qualities's picture

No, he's just trying to find Lybia on a map...

Wed, 03/02/2011 - 13:09 | 1011710 traderjoe
traderjoe's picture

Libya? Labia? 

Wed, 03/02/2011 - 14:22 | 1012093 Lower Class Elite
Lower Class Elite's picture

I liked Carthage better.

Wed, 03/02/2011 - 13:12 | 1011716 Ahmeexnal
Ahmeexnal's picture

No, Meth Whore is pimpin his skanky sorry ass in some street corner.

Wed, 03/02/2011 - 13:22 | 1011757 ColonelCooper
ColonelCooper's picture

Or to quote a line from Cheeky a long time ago, "He's busy giving blowjobs at a Turkish bath house trying to come up with enough money to cover his shorts."

Wed, 03/02/2011 - 15:14 | 1012254 Cognitive Dissonance
Cognitive Dissonance's picture

Thanks for the memory. That was most certainly a Cheeky classic.

Wed, 03/02/2011 - 18:27 | 1013064 downrodeo
downrodeo's picture

Alas, poor Cheeky

He is a person I sorely miss around here.

Wed, 03/02/2011 - 13:53 | 1011932 newworldorder
newworldorder's picture

Lybia? Lydia? Wasnt that a Marx brothers song?

Wed, 03/02/2011 - 12:47 | 1011587 AndrewJackson
AndrewJackson's picture

Although I do find justice in it, for my sake, I desperately wish that meth/math man was right and that silver was in for a major plunge. Then I could accumulate more ounces for myself with the same amount of fiat. Silver at $ 35 and Gold at $ 1500 don't exactly help the young stacker "stack". In retrospect, however, I am sure we will all look back wishing we would have pulled the trigger at 35,50,70, etc.

Wed, 03/02/2011 - 12:59 | 1011663 tmosley
tmosley's picture

I agree, another 2008 style plunge would make me very happy, as I bring in enough money to cover all of my expenses, and can just hold on to my silver.

It won't happen, though.  If it did, silver would disappear to an even greater extent than it did in 2008.  You would have industrial users standing for delivery on the COMEX in a desperate attempt to stay in business.

As I have said before, plunging silver prices are good for those who hold physical silver, because it will bring the Ponzi to an end much more quickly.  Prices rising like they are is actually more like a worst case scenario, as increased prices bring supply onto the market, allowing JPM and Co to cover their shorts.  In the long run, the price will be the same either way.  I would prefer a default because it will boost the price much more quickly and allow me to move into productive assets and start producing sooner.

Wed, 03/02/2011 - 13:14 | 1011729 barkingbill
barkingbill's picture

how on earth could RISING SILVER PRICES allow JPM to cover their shorts? doesn't this fly in the face of what max keiser is doing with his buy silver campaign?


Wed, 03/02/2011 - 13:31 | 1011804 tmosley
tmosley's picture

They have access to the Fed's printing presses, so they can get any amount of dollars that they need, whether in the form of a bailout, or an under the table "loan" to buy any available silver off the market to service those standing for delivery.

On the contrary, if the price crashes, all supply disappears, just like back in 2008, and they won't be able to source silver to service anyone standing for delivery.

Fraud is fraud is fraud.  There is no way to escape higher prices for physical silver, as much as the trolls want you to believe.

Edit: and Keiser's buy silver campaign contributes to JPMs problems by removing physical silver from the market more quickly, meaning they must allow the price to rise even higher in order to keep from defaulting.

Wed, 03/02/2011 - 13:34 | 1011838 Math Man
Math Man's picture

"They have access to the Fed's printing presses, so they can get any amount of dollars that they need, whether in the form of a bailout, or an under the table "loan" to buy any available silver off the market to service those standing for delivery."

Seriously?  You've totally lost it.



Wed, 03/02/2011 - 13:43 | 1011879 tmosley
tmosley's picture

The fact that you can't tell the difference between their (now closed) prop trading desk and their (very much open) commodities trading desk speaks volumes to your ignorance.

Wed, 03/02/2011 - 14:08 | 1012022 Math Man
Math Man's picture

Dip sh*t - Prop desks make bets with the houses money, flow desks take orders on behalf of clients.

When you close the prop desk, the flow desk is still around - but they only trade on the behalf of clients.  Which means they don't make naked shorts....

Wed, 03/02/2011 - 14:26 | 1012103 tmosley
tmosley's picture

Yes, I know what a prop desk is.  The fact that you don't know the difference between the prop desk, which closed, and the commodities trading desk, which is still open, and headed by Blythe Masters (

You are confusing your terms to such an extent that you simply don't know what you are talking about, which is why you are only making 1-2% per year in an environment where a dart throwing monkey should have made at least 5-10%.  Stow the gab, loser boy.  No-one is buying your crazy here.

Wed, 03/02/2011 - 14:46 | 1012179 Math Man
Math Man's picture

Prop desks take risk, flow desks don't.

Blythe's remaining commodities desk doesn't take risk because it is a flow desk.

It facilitates orders for clients.

So, unfortunately, they don't have a massive silver short, unless it is for a client because they don't take any principal risk.

Sorry dude.  You're just wrong.

Keep believing your conspiracy theories.

Wed, 03/02/2011 - 20:55 | 1013513 StychoKiller
StychoKiller's picture

So, how long have you been working under Blythe?  You type with such authority and all...

Wed, 03/02/2011 - 13:57 | 1011957 Harmonious_Diss...
Harmonious_Dissonance's picture

bLAH bLAH, "Silver top", BLAH BLAH< Ferrari, Blah, Power Companies, BLAH BLAH, Labia, Blah blah, puts.   $5 Blah, uh, well, uh,  dig,  coal.  Blah!

Wed, 03/02/2011 - 13:37 | 1011849 depression
depression's picture

Silver supply has become inelastic faced with overwhelming global demand. Price no longer matters, and the paper price (SLV) never mattered.

Wed, 03/02/2011 - 12:31 | 1011501 pendragon
pendragon's picture

stocks hardly even blinked

Wed, 03/02/2011 - 12:36 | 1011522 SheepDog-One
SheepDog-One's picture

Stocks are dead, and an actual BIG loss today considering the beating the dollar is getting.

Wed, 03/02/2011 - 12:56 | 1011645 TheDriver
TheDriver's picture

ding ding ding. We have a winner!

I couldn't get this concept through my sister-in-law's head last night. "I hear what you're saying...but my 401k is up this year," she kept repeating. [sigh]


Wed, 03/02/2011 - 13:12 | 1011718 jus_lite_reading
jus_lite_reading's picture

All these people know is "look my stocks are up...."

If they spent as much time doing due diligence as they do watching Jersey Whore et al, perhaps, they'd understand that for every tick higher in the "stock markets," their living standard just declined by an equal or greater amount!


Breaking news that Dr. Deficit needs to read:


Germany's Merkel says cannot artificially reduce interest rates, they are expression of trust in a country



Wed, 03/02/2011 - 13:24 | 1011783 Ahmeexnal
Ahmeexnal's picture

Somebody ought to carve a swastika on her forehead.

Wed, 03/02/2011 - 14:06 | 1012013 Confused
Confused's picture

Out of curiosity why is that? 

Wed, 03/02/2011 - 14:16 | 1012057 LFMayor
LFMayor's picture

He saw it in a Brad Pitt movie and thought it was cool.  Then he saw the Brad Pitt jpeg here....

I was going to do it to, but he's faster on the uptake.  Mad typing skillz and all.

Wed, 03/02/2011 - 14:01 | 1011982 newworldorder
newworldorder's picture

The European Central Bank, the FED, the BIS and the IMF do not agree with her. Only German and French workers agree with her - and what do they know? After all they still want to remain German and French citizens, not Europeans.

Wed, 03/02/2011 - 14:13 | 1012048 trav7777
trav7777's picture

yeah I just met w/ an HR person who talked about how people are MUCH happier with this year's 401k plan administrator...I just bit my tongue and did not ask the obvious, "why, because their balances went up?"

Wed, 03/02/2011 - 20:59 | 1013520 StychoKiller
StychoKiller's picture

Just like in Special Relativity, frames of reference are a hard concept for the Ignorati to grasp. :>D

Wed, 03/02/2011 - 12:33 | 1011506 falak pema
falak pema's picture

Cut your nose to spite your face... let's hope the noseless variety will learn something about face change.

Wed, 03/02/2011 - 12:33 | 1011507 66Sexy
66Sexy's picture

The FED want oil prices to go up. It will slow the economic recovery, and enable them to funnel more liquidity to wall street. The dollar? revaluation vs all assets.

Wed, 03/02/2011 - 12:44 | 1011572 SheepDog-One
SheepDog-One's picture

Slow the non-existant recovery? Ok go ahead. Hard to keep up with the costume changes in this Kabuki theater.

Wed, 03/02/2011 - 12:33 | 1011508 Spalding_Smailes
Spalding_Smailes's picture

Russia , China , Brazil , U.K. , Japan .... Just gave the " green light ". Lol'


Everyone wants " the status quo - "

Wed, 03/02/2011 - 12:33 | 1011510 LOWNskater52
LOWNskater52's picture

POP goes the weasel


101.30 and climbing

Wed, 03/02/2011 - 12:42 | 1011558 John Wilmot
John Wilmot's picture

"POP goes the weasel"

But does the weasel go POP?

Wed, 03/02/2011 - 13:03 | 1011675 Cash_is_Trash
Cash_is_Trash's picture

Brent baby BRENT.

WTI isn't as accurate.

Wed, 03/02/2011 - 13:12 | 1011714 tmosley
tmosley's picture

It's perfectly accurate, it just isn't relevant.

Wed, 03/02/2011 - 12:33 | 1011514 SWRichmond
SWRichmond's picture

We're going to war...wait, we're already at Congress going to vote on this?  Stupid question.

Wed, 03/02/2011 - 12:36 | 1011529 Cognitive Dissonance
Cognitive Dissonance's picture


There are no stupid questions when it comes to Congress, just stupid Congress persons.

Wed, 03/02/2011 - 12:47 | 1011592 reescher
reescher's picture

There are no stupid Congresses when it comes to Congress, just stupid voters.

Wed, 03/02/2011 - 14:04 | 1012007 newworldorder
newworldorder's picture

LOL - but so very true.

Wed, 03/02/2011 - 14:16 | 1012059 trav7777
trav7777's picture

ain't it amazing that Congress's aggregate approval rating is below 20%, yet the SAME motherfuckers get sent back over and over and over again?

These career incumbents like Barney fag and, you'd have me believe that EVERY incumbent has 60% approval in their home district?

Wed, 03/02/2011 - 15:19 | 1012270 LFMayor
LFMayor's picture

If you didn't vote you cannot complain.  That's because your votes really do matter. So keep doing your civic duties like voting and paying taxes. 

Wed, 03/02/2011 - 12:38 | 1011540 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture


Wed, 03/02/2011 - 12:44 | 1011567 Pants McPants
Pants McPants's picture

That slope just keeps getting slipprier, doesn't it?

First the US needed a declaration.  Not anymore.

Then the US invaded countries who posed a "threat" to the continent.  The US never found any WMDs, but decided to stick around to build.......something.  Oh and to make sure the poppies would flow.

Now the US only needs a civil disturbance to let slip the weapons of war. 


Wed, 03/02/2011 - 12:35 | 1011517 RobD
RobD's picture

Brent at 117 and rising. $4.00 a gallon here we come.

Wed, 03/02/2011 - 12:35 | 1011519 buzzsaw99
buzzsaw99's picture

Bomb their ass and steal their gas bitchez!

Wed, 03/02/2011 - 12:38 | 1011535 victor82
victor82's picture

But, but, but, but... I thought this was Change We Could Believe In.....

Wed, 03/02/2011 - 12:38 | 1011541 buzzsaw99
buzzsaw99's picture

When they start messing with our oil it's on bitchez!

Wed, 03/02/2011 - 12:42 | 1011555 SheepDog-One
SheepDog-One's picture

Its not even 'our' oil, it mostly goes to Europe, then again US=Britain so release the dogs of war!
< ; D

Wed, 03/02/2011 - 12:44 | 1011575 John Wilmot
John Wilmot's picture

Oil market's international, dollar denominated, doesn't matter where it is geographically...

Wed, 03/02/2011 - 12:48 | 1011588 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

King Dollar!

Wed, 03/02/2011 - 12:41 | 1011556 Cognitive Dissonance
Cognitive Dissonance's picture

"Our" oil regardless of where it's actually located. Divine right and all that.

Wed, 03/02/2011 - 12:44 | 1011569 Dr. Porkchop
Dr. Porkchop's picture

The constitutional right to drive in circles.

Wed, 03/02/2011 - 12:49 | 1011603 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Manifest destiny:  The anti-climax.

Wed, 03/02/2011 - 12:36 | 1011530 Nepenthe
Nepenthe's picture

Any words on US soldiers killed in Frankfurt??


Wed, 03/02/2011 - 12:37 | 1011536 Caviar Emptor
Caviar Emptor's picture

2 dead. A 21 y/o Kosovo man has supposedly been arrested and a terrorist link is being investigated

Wed, 03/02/2011 - 12:41 | 1011554 Nepenthe
Nepenthe's picture

Ok, just found this.

Possible terrorist link you say? I would never have guessed. 

Wed, 03/02/2011 - 12:44 | 1011577 Cognitive Dissonance
Cognitive Dissonance's picture

If I delayed the airport security line by 30 seconds because I couldn't get my shoes off quick enough I would be labeled a terrorist.

The word is becoming a farce. Good. Maybe the average Joe will begin to mind.

Wed, 03/02/2011 - 14:18 | 1012067 viahj
viahj's picture

no shit, this term has been bastardized to the 'nth degree.  how is it "terrorism" if the attack is against the military/government?  isn't terrorism an attack against civilians with the intent to scare the people into submission?

Wed, 03/02/2011 - 12:55 | 1011637 Dr. Porkchop
Dr. Porkchop's picture

2 dead. A 21 y/o Kosovo man has supposedly been arrested and a terrorist link is being created



Wed, 03/02/2011 - 13:13 | 1011722 Bananamerican
Bananamerican's picture

did he "train" in Libya by any chance??

Wed, 03/02/2011 - 13:19 | 1011751 Dr. Porkchop
Dr. Porkchop's picture

He may have tried to buy yellow cake uranium there.

Wed, 03/02/2011 - 14:05 | 1012015 ZakuKommander
ZakuKommander's picture

As positive customer reviews show, it's easier to buy at Amazon:


Wed, 03/02/2011 - 12:37 | 1011531 Caviar Emptor
Caviar Emptor's picture

Brega has been attacked, but no mention yet on fate of oil/gas terminal (key).

Fatal attack on US military in Frankfurt Airport Germany adding to global tensions

No fly zone over Libya being mentioned all morning long 


Wed, 03/02/2011 - 12:47 | 1011582 Pants McPants
Pants McPants's picture

Clearly the US must attack Germany.

Wed, 03/02/2011 - 13:03 | 1011672 PY-129-20
PY-129-20's picture

Yep. You still have thousands of troops in our country and about 20 nukes. Most Germans I know are quite happy about the current status quo. Especially mayors of the small towns next to the military bases. It's not called K-Town for nothing.

Wed, 03/02/2011 - 12:40 | 1011546 Dr. Porkchop
Dr. Porkchop's picture

War creates jobs! Someone has to make those body bags.

Wed, 03/02/2011 - 12:47 | 1011586 johnQpublic
johnQpublic's picture

over 77k killed in our two wars as it is

the unreported casualty numbers are higher than vietnam already

tuff to find, but there in VA statistics

Wed, 03/02/2011 - 12:59 | 1011658 LoneCapitalist
LoneCapitalist's picture

Yeah, but thats alright. The S.C. says we have the right to harass the families of those that died. Its all good.

Wed, 03/02/2011 - 12:40 | 1011548 SheepDog-One
SheepDog-One's picture

I guess we should see millions of 'NO BLOOD FOR OIL' Obama minions rioting all over the country today over a clear war for nothing but oil. Or not....since they havent been directed to be angry, make signs, and riot.

Wed, 03/02/2011 - 13:05 | 1011689 Max Hunter
Max Hunter's picture

Didn't you get the memo.. Democrats are okay with war for oil now that Obama is in office..

Wed, 03/02/2011 - 12:44 | 1011566 Caviar Emptor
Caviar Emptor's picture

They're waiting for the USS Enterprise to steam over from the Suez Canal

USS Ponce amphibious assault ship has joined up with USS Kearsarge

Discussions taking place with US allies in the region and NATO

Wed, 03/02/2011 - 12:48 | 1011589 clones2
clones2's picture

Sounds FUN...  Our "boys of war" haven't had any good opportunities for an assault from water...

Seems like this will be a good "exercise" for them...

Wed, 03/02/2011 - 12:54 | 1011634 SheepDog-One
SheepDog-One's picture

Sounds fun, till it goes wrong. Remember Russia has been shipping Libya weapons for the last 2 months like crazy, this kind of haphazard warmongering with the assumption that 'all goes well all the time, we're US military' may just backfire miserably. Remember the Romans.
Can you imagine a scenario where hundreds of US troops are suddenly being held hostage?

Wed, 03/02/2011 - 12:59 | 1011653 clones2
clones2's picture

please dont give the military that idea... what a great way to expand our presence in the region.  All it will take is a few soldier deaths in Libya for some real fireworks...

Wed, 03/02/2011 - 13:02 | 1011670 Caviar Emptor
Caviar Emptor's picture

They're dusting off Operation Torch manuals at the Pentagon right now :-)

Wed, 03/02/2011 - 13:14 | 1011730 New_Meat
New_Meat's picture

that would be a big miss ;-)

Wed, 03/02/2011 - 12:44 | 1011568 tahoebumsmith
tahoebumsmith's picture

Go ahead Gates, start another war over oil. And after you kill hundreds of thousands of innocent women and children just like you have done in Iraq and Afghanistan the entire Muslem world will finally realize that the world police are only in it for the oil. Listening to Hillary Clinton say she will not stand for the Gaddafi regime to kill innocent people is mind boggling after looking at the 100's of thousands of innocent people we have killed in Iraq to control the so called weapons of mass destruction that never existed. It's time to look in the mirror and call a spade a spade and admit that the Global police are the real cause of World's demise.  

Wed, 03/02/2011 - 12:50 | 1011601 SheepDog-One
SheepDog-One's picture

A CLEAR war for wheres all the media up in arms criticizing it as such, as theyve done in prior years? Also do you notice the total silence from the media over gas prices shooting up? In past years, they'd have reporters at the pump interviewing pissed off people and demanding answers from congress, the white house.

Wed, 03/02/2011 - 12:53 | 1011629 John Law Lives
John Law Lives's picture

The Iraq War was supposedly a war for oil.  I am not sure what it accomplished other than the US establishing military bases there... with no apparent intent of removing them all... whilst the military-industrial complex feeds at the trough.

Wed, 03/02/2011 - 12:56 | 1011638 SheepDog-One
SheepDog-One's picture

Roman empire, spread WAY too thin, was its demise.

Wed, 03/02/2011 - 13:11 | 1011717 Hannibal
Hannibal's picture

And,....Vietnam, USA's own holocaust.

Wed, 03/02/2011 - 12:44 | 1011573 treemagnet
treemagnet's picture

Anybody know whats going on with rice - I assume its up again.  Wonder when the chinese get their turn.

Wed, 03/02/2011 - 12:48 | 1011596 John Wilmot
John Wilmot's picture

Don't know about rice in particular, but Ags crashed hard a few days ago...have no idea why. Some EM sovereign intervention is quite possible, as the western PTB seem to very much want more food inflation. I would have bought the dip but I was already swimming.

Wed, 03/02/2011 - 12:51 | 1011612 SheepDog-One
SheepDog-One's picture

Same with PM's a few weeks ago when everyone declared their demise. ICE put margin increases in. But Im sure we'll see the prices pop again soon.

Wed, 03/02/2011 - 12:56 | 1011641 DeadFred
DeadFred's picture

Spec $$ are limited and went into oil an PMs.  The fed will have to print some more...

Wed, 03/02/2011 - 12:54 | 1011628 tahoebumsmith
tahoebumsmith's picture

There's actually some good news about rice. Now that oil has topped $100 bb it is more expensive to make the rice tainted with plastic then to sell the real thing. So all those plastic eating rice people might actually have a chance of survival now that the petro will get flushed from their systems before the cancer sets in.

Wed, 03/02/2011 - 13:05 | 1011684 AN0NYM0US
AN0NYM0US's picture

unlike most other agcommodities rice has been quiet

Wed, 03/02/2011 - 14:23 | 1012096 NotApplicable
NotApplicable's picture

I thought I read somewhere that it was being supported by an Eastern government. Vietnam?

Wed, 03/02/2011 - 12:48 | 1011591 dick cheneys ghost
dick cheneys ghost's picture

gaddafi threatned the "fortune 500".....thats a no no

Wed, 03/02/2011 - 12:48 | 1011595 johnQpublic
johnQpublic's picture

silver just hit 35.00

Wed, 03/02/2011 - 12:49 | 1011602 John Law Lives
John Law Lives's picture

When artificially inflated home values run out of steam as an economic stimulus...

When massive budget deficits run out of steam as an economic stimulus...

When creating fiat currency at a frantic pace runs out of steam as an economic stimulus...

The next logical step is to wage another war.

Is there ONE PERSON in Washington DC with a scoop or morals and integrity?  I think Ron Paul and son might be, but they are still Republicans.

Wed, 03/02/2011 - 12:49 | 1011607 gwar5
gwar5's picture

Silver just hit $35. with gold hitting over 1440 same time.

Wed, 03/02/2011 - 13:52 | 1011927 jus_lite_reading
jus_lite_reading's picture

My prediction to $40 in ~3 weeks is coming to fruition... along with WWIII.

Wed, 03/02/2011 - 12:51 | 1011609 unionbroker
unionbroker's picture

the world supply  of oil has to be protected .Whatever needs to be done will be done . 

Wed, 03/02/2011 - 12:54 | 1011632 jus_lite_reading
jus_lite_reading's picture

Oh stop it! We're bringin' them "democracy" and "freedom..."

Wed, 03/02/2011 - 13:17 | 1011742 Bananamerican
Bananamerican's picture

do they want fries with that?

Wed, 03/02/2011 - 13:25 | 1011787 jus_lite_reading
jus_lite_reading's picture

We're bringing them McD's and Starbucks. That alone is worth a few million human lives...

We live in a sick sick world that is now officially on life support.

Wed, 03/02/2011 - 13:36 | 1011846 iDealMeat
iDealMeat's picture

+AMERICA! FUCK YEAH!!  and SUPER size it..


Wed, 03/02/2011 - 12:51 | 1011613 buzzsaw99
buzzsaw99's picture

OPEC has been using too much of our oil bitchez!


(Reuters) – Unrest sweeping the Middle East could squeeze OPEC’s precious spare oil capacity for the long term as well as the near term as fearful governments delay reforms needed to tame galloping domestic fuel use...

Wed, 03/02/2011 - 12:55 | 1011640 Flakmeister
Wed, 03/02/2011 - 12:59 | 1011652 buzzsaw99
buzzsaw99's picture

export land model with a cruise missile up its ass. Fork it over bitchez!

Wed, 03/02/2011 - 14:25 | 1012100 trav7777
trav7777's picture

you even bring up XLM and you can forget about getting any polyanna to accept even's just too fuckin scary.

I don't even broach this subject much in the discussions because you don't catch birds with sudden movements.  XLM is hades on the horse following PO.

There are several nations who hit peak in the past decade or so, all hit net importer around the 7 year interval.

If you're looking for bugout, you have to find a net exporter, because the fight is over exports.  We are looking at scrapping against nuclear powers now for the dwindling globally available oil.  Or, facing having to literally deprive people in producer states of product.

Wed, 03/02/2011 - 15:03 | 1012224 Flakmeister
Flakmeister's picture

  Given what's going on, it's time to go Medieval....

Hey, if we can save some of the more intelligent ones, all the better.

Wed, 03/02/2011 - 12:52 | 1011627 jus_lite_reading
jus_lite_reading's picture

Sorry to say, Mr Gates, but Dr. Deficit has got you out numbered.

WTI at $101.70 and rising sharply. Bring the troops home to bring order to the US... tic tic tic

Wed, 03/02/2011 - 12:58 | 1011650 SheepDog-One
SheepDog-One's picture

Just_lite do you notice as I do the total silence from the media about gas prices? Where are they with a reporter stationed out front of the sign that reads $3.60 avg and doing interviews with pissed off pumpers and demanding answers from congress, as in years past? Its all surreal.

Wed, 03/02/2011 - 13:09 | 1011708 Pants McPants
Pants McPants's picture

Apparently pain at the pump is like sex: it only hurts the first time.

Wed, 03/02/2011 - 13:15 | 1011736 jus_lite_reading
jus_lite_reading's picture

Only hurts, if you're female and a virgin. We're all men with 20" dicks now.

They know what level is good...

Wed, 03/02/2011 - 13:37 | 1011856 Pants McPants
Pants McPants's picture

Ha!  Reminds me of one of my favorite jokes:

"Hey, I figured out how to get a 12" cock"

- How?

"Fold it in half"

Wed, 03/02/2011 - 13:26 | 1011789 New_Meat
New_Meat's picture

c'mon SD-1, you know THAT answer! ;-)

Wed, 03/02/2011 - 13:32 | 1011826 SheepDog-One
SheepDog-One's picture

Yep! Just sayin.

Wed, 03/02/2011 - 12:55 | 1011639 youngman
youngman's picture

This is just a way to get people and countries to start buying our Treasuries again...the "flight to safety"....its a monetary policy to start a war....its good for treasuries....

Wed, 03/02/2011 - 12:58 | 1011654 SheepDog-One
SheepDog-One's picture

LOL! Good one.

Wed, 03/02/2011 - 12:57 | 1011644 John McCloy
John McCloy's picture

Everyone pay strong attention to Russia. They came out yesterday stating "They are opposed to military intervention in the sovereign state"

   I still believe Russia is seeing a frail U.S. economy and finally the President they have dreamed of having in place that they thought they saw in Kennedy which is one which can be pushed around. There is no political will for any more wars especially when most Americans want these two ended. Putin will be re-elected and he has full intentions of returning Russia to a dominant superpower.

Do NOT follow this link or you will be banned from the site!