Hezbollah Says Ready For Another War With Israel
In what can only be described as broadly market positive news (remember in bizarro world $200 oil is equivalent to 2,854 on the S&P), Jerusalem Post reports that the leader of Hezbollah Hassan Nasrallah is ready for another war with Israel and will "conquer the Galilee." "I tell the fighters of the resistance that one day they might be asked to liberate the Galilee," Nasrallah said at a "Resistance Martyrs Day" ceremony. "The Israelis are afraid," Nasrallah said. "I want to assure you and tell the Israelis that they should be careful because the blood of Imad Mugniyeh will not go to waste." Presumably, Hezbollah has been closely following Israel's response to recent revolutions across the region, and likes what it sees: "The Hezbollah leader also discussed Israel's reactions to the protests across the Middle East, citing Defense Minister Ehud Barak's assessment that the Middle East is "changing in front of our eyes." "This shows that Israel, which was confident in the past, is no longer," as it was, Nasrallah said." And following that profound piece of psychological insight, all we can say is BTFD, or we would, if Bernanke allowed dips any more.
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