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Gadaffi To Try Hand At Feudalism, Will Announce Power-Sharing Arrangement With Libyan Provinces

Tyler Durden's picture





 

In another TV interview that is supposed to air any minute, the Libyan leader, hopefully in a less surreal presentation than that from last night, will announce the devolution of power, and will provide local governments with semi-autonomy and their own budgets. Per Al Arabiya: "Gaddafi will announce on new provincial ruling to govern Libya with independent budgets." Next thing you know, some Sahara warlord will be forced to explain to his people how $10 trillion in budget deficits over the next decade is an incremental positive for regional employment trends. Needless to say, this attempt at recreating Feudalism will do absolutely nothing to pacify the population that by now is likely rather sick and tired of getting shot at by the Libyan airforce.

We will bring the interview as it becomes available.

 


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Tue, 02/22/2011 - 10:46 | Link to Comment slow_roast
slow_roast's picture

Rock the Vote bitchez!

Tue, 02/22/2011 - 10:47 | Link to Comment MsCreant
MsCreant's picture

Futile-ism.

Tue, 02/22/2011 - 10:49 | Link to Comment Confused
Confused's picture

Thanks for the laugh. Everyone is on the ball today. 

Tue, 02/22/2011 - 11:05 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

MsCreant is rarely off her game. I suspect that comes from crossing swords with smart (relatively) young full-of-themselves whipper snappers in her classroom every day. They help keep her on her toes and it shows.

Personally I don't if I would have the courage to walk into that classroom every day. It must be exhausting.

Tue, 02/22/2011 - 11:35 | Link to Comment Terminus C
Terminus C's picture

You need to enjoy the sparring.  That and messing with their heads everyday ;)  Had my senior (grade 12 in my world) social studies in a near panic when I told them there would be a major financial clusterfuck as early as the spring.

"What can we do?" they asked.

"Buy silver and stay out of debt."

Already had some students buying silver coins.  It is good to teach the young what money is and how it works.  That and showing them how to parse through the curtain of propaganda bs they get dumped on them every day.

Tue, 02/22/2011 - 11:05 | Link to Comment TomJoad
TomJoad's picture

Can't believe I haven't seen anyone post this one yet.

Drop your bombs between the minarets, down the casbah way.

 

http://www.youtube.com/watch?v=OAkfHShATKY

 

Jump Gaddafi, You Fucker!

Tue, 02/22/2011 - 13:33 | Link to Comment Hephasteus
Hephasteus's picture

LOL. That's the main system of governement we've been operating under for the last 15 years.

Tue, 02/22/2011 - 10:47 | Link to Comment Haywood Jablowme
Haywood Jablowme's picture

Power-sharing arrangement?  Hello Iraq Part Deux...

 

Tue, 02/22/2011 - 10:48 | Link to Comment Ragnarok
Ragnarok's picture

Next thing you know, some Sahara warlord will be forced to explain to his people how $10 trillion in budget deficits over the next decade is an incremental positive for regional employment trends.

 

High speed camel caravans! LOL.

Tue, 02/22/2011 - 10:47 | Link to Comment tmosley
tmosley's picture

Let's hope an all out civil war breaks out, lest other governments attempt this in times of crisis.

Feudalism is stable enough to last for centuries, but produces hugely perverse incentives, such that it will eat up any and all capital that is available until we devolve back into the dark ages.  I don't know if our modern level of knowledge and technology could fall to such backward governance, but I personally don't care to try.

Tue, 02/22/2011 - 10:50 | Link to Comment John Law Lives
John Law Lives's picture

Gadaffi is not likely to survive.  This will embolden the people to keep protesting until he is gone.

Tue, 02/22/2011 - 10:50 | Link to Comment the not so migh...
the not so mighty maximiza's picture

He is a war criminal now.   He must be treated as such.

Tue, 02/22/2011 - 10:55 | Link to Comment Libertine
Libertine's picture

Just now, huh? A coup and 40 years of brutal rule was just the warmup act.

Tue, 02/22/2011 - 10:59 | Link to Comment the not so migh...
the not so mighty maximiza's picture

He was the poster child for the "reformed dictator" .   He had high hopes for the Africa Union.

Tue, 02/22/2011 - 12:36 | Link to Comment TBT or not TBT
TBT or not TBT's picture

An alliance of the world's most egregious clusterfrack places was going to be greater than the sum of its parts!  

Tue, 02/22/2011 - 12:37 | Link to Comment TBT or not TBT
TBT or not TBT's picture

And they are a full member of the UN "Human Rights" commission.

Tue, 02/22/2011 - 23:40 | Link to Comment StychoKiller
StychoKiller's picture

United Nations -- united in one huge clusterfsck, like a giant ball of snakes!

Tue, 02/22/2011 - 10:51 | Link to Comment stoneman sacked
stoneman sacked's picture

And next thing you know, Gadaffi will be living in Paris with his voluptuous Ukrainian blonds. 

Tue, 02/22/2011 - 10:52 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Hahafi. What a joke, hmmmm? For decades they'll plunder their land and people without shame. And then beg like dogs to stay in power when push-back comes.

never mind that this whole push-back is being masterfully engineered. 

A decadent ruling class is very much a sign of end-ish times.

As is a dumb populace.

Batting 2-for-2 here.

ORI

http://aadivaahan.wordpress.com/2011/02/21/through-a-lens-darkly/

Tue, 02/22/2011 - 10:57 | Link to Comment ronin12
ronin12's picture

Can you name a specific time and place in history where there wasn't a decadent ruling class and dumb populace?

Tue, 02/22/2011 - 11:37 | Link to Comment Oh regional Indian
Oh regional Indian's picture

History had some phases in places. Mostly under Philosopher Kings.

The reign of Ashoka is one such Indian example:

http://en.wikipedia.org/wiki/Ashoka

 

Another one that comes to mind is the reign of the Emperor Akbar:

http://en.wikipedia.org/wiki/Akbar

 

Older history speaks of such times also. Always with soem enlightened monarchy.

ORI

Tue, 02/22/2011 - 10:52 | Link to Comment serotonindumptruck
serotonindumptruck's picture

This will be viewed by the protesters as a sign of weakness.

Tue, 02/22/2011 - 10:52 | Link to Comment Josh Randall
Josh Randall's picture

This might have worked before he air raided his people; memo to self - negotiate first then air raid...

Tue, 02/22/2011 - 10:55 | Link to Comment jus_lite_reading
jus_lite_reading's picture

Resistance is futile. One more major natural disaster (ie 8+ earthquake) in a major city and then we will see the emperor in his naked glory.

Breaking news that revolt is on the rise in China.

The EU is literally in its last few minutes of survival.

WTI oil has exceeded the important threshold of $88; Brent exceeded the $108 marker.

Things are heating up boys. As I said over a week ago, buy silver and gold. "Silver will be $40 within 3-4 weeks," and so I say, so it shall be done.

Tue, 02/22/2011 - 10:57 | Link to Comment Crassus
Crassus's picture

All US citizens should leave Libya now.

Tue, 02/22/2011 - 10:57 | Link to Comment Apostle of Unknown
Apostle of Unknown's picture

So the libyan pomo desk will be ran out of the tents of the most prestigious clan?

Tue, 02/22/2011 - 10:58 | Link to Comment Ferg .
Ferg .'s picture

This sort of desperate haggling didn't help Ben Ali or Mubarak and it certainly won't help Gaddafi . Things have progressed too far , and besides , who would trust that these reforms would be implemented ? A lull now would simply provide Gaddafi and his supporters an oppurtunity to regroup and reassert control .

Persistence , even in the face of bullets and death , was what won the revolutions in Egypt and Tunisia ( and what is currently winning the one in Bahrain ) and it will likely triumph in Libya as well .

I feel sorry for the protesters throughout the entire region though because , apart from seeing their fellow citizens beaten and murdered , they're soon going to discover that democracy won't solve the problems of high energy costs and surging food prices that are an integral part of many of these revolutions .

Tue, 02/22/2011 - 11:11 | Link to Comment MsCreant
MsCreant's picture

Thing is, these poor countries' citizens may be poor, but all their leaders seem to have access to incredible loot. Whose loot? Keeping it in reserve for exactly what? 

There has got to be a way to deploy that capital that does not feed people for a day, but helps them learn to feed themselves for a lifetime. 

Tue, 02/22/2011 - 11:36 | Link to Comment tonyw
tonyw's picture

Yes miss and another common thing is that they have been in power for longer then most of "their" citizens have been alive and have put forward their relatives to succeed them so very difficult for the people to even look forward to better times.

In all these Magrabian countries it is usual for lots of permits to be required for the simplest thing, no chance of setting up a company online or buying one "off-the shelf" so this difficulty encourages corruption at all levels.

 

How long has Biden been inpower:-)

Tue, 02/22/2011 - 12:40 | Link to Comment TBT or not TBT
TBT or not TBT's picture

How long has Biden been inpower:-)

Two solid years of Benny Hill panty chasing music is torture now that you mention it.

Tue, 02/22/2011 - 11:40 | Link to Comment Ferg .
Ferg .'s picture

That's true but I'd imagine a string of asset transfers is currently taking place so that when these despots and their supporters eventually flee , they'll have taken much of their wealth with them .

I sort of have concerns about how the next batch rulers will employ their respective countries' resources . Democracy sadly does not ensure fiscal honesty . I mean look at many of the democracies in sub-Saharan Africa , Kenya for example . Huge misappropriation of public funds and much of the nation lies in squalor and poverty . I've seen it myself , was over there about 2 years ago . Beautiful place but when you take a look around the cities and compare what you see with the pervasive greed in Kenyan politics ( spouse allowances are among the highest in the world ) you can't help but feel depressed .

Tue, 02/22/2011 - 10:59 | Link to Comment arkady
arkady's picture

This is a good sign for the Libyan people, when tyrants start making concessions it suggests their days may be numbered.  Mubarak threw quite a few bones at the protesters,but ultimately it just pissed them off further and like ZH correctly points out - after murdering 300+ Libyans in cold blood...there is no room to negotiate.

Tue, 02/22/2011 - 11:03 | Link to Comment gwar5
gwar5's picture

Muammar is really desperate now. He just wants to split up the opposition and make them fight amongst themselves so he can pick up the pieces in short order.

Won't work. 

Tue, 02/22/2011 - 11:06 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

I think he's just stalling for more time until he can move more assets out of the country. That Gold is really heavy.

Tue, 02/22/2011 - 21:09 | Link to Comment Ferg .
Ferg .'s picture

Certainly possible . Mubarak did the same thing . Once he had left it was revealed that all throughout the protests assets were being transfered abroad .

Tue, 02/22/2011 - 11:09 | Link to Comment Caviar Emptor
Caviar Emptor's picture

Enlightened despotism! He's trying to move from the  middle ages to the enlightenment. 

Hey, being 5 centuries behind is better than 8 !

Tue, 02/22/2011 - 11:37 | Link to Comment arkady
arkady's picture

He is also a Socialist, so he is not *that* behind.  

Tue, 02/22/2011 - 11:39 | Link to Comment bunkermeatheadp...
bunkermeatheadprogeny's picture

He should let his wife run Libya so he can shuffle about mumbling without a care in the world just like Ozzy did with Sharon.

Tue, 02/22/2011 - 11:50 | Link to Comment Temporalist
Temporalist's picture

Gadaffi is going to address Lybian people once again soon.  This time he's not just going to give a weather report he's going to read a "Green Eggs and Ham."

 

Tue, 02/22/2011 - 11:52 | Link to Comment bunkermeatheadp...
bunkermeatheadprogeny's picture

On a boat or in a tree?

Tue, 02/22/2011 - 11:52 | Link to Comment Temporalist
Temporalist's picture

Gadaffi is on right now.  It looks like he's wearing part of a couch from 1975. 

Tue, 02/22/2011 - 12:21 | Link to Comment savagegoose
savagegoose's picture

he seemed pretty pissed off to me

Tue, 02/22/2011 - 13:22 | Link to Comment SwapThis
SwapThis's picture

There is a Libyan Royal Family in excile who are friends with the House of Saud, and through them the US Gov, [or one might assume so since the Crown Prince in excile has been living in DC], Since our 'soft power' 'big stick' diplomacy seems to favor benevolent despotic royalty in the mid-east [Bahrain, Qatar, UAE, KSA etc] over commoners like Gadaffi, might be interesting to see if the Al-Senussi family makes a sudden re-emergence...

Tue, 02/22/2011 - 13:27 | Link to Comment animal
animal's picture

Brother Leader, your efforts are feudal!

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