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Iranian Warships Have Crossed Suez Canal

Tyler Durden's picture





 

Reuters reports that according to Canal authority officials, the Iranian ironclads are now in the Mediterranean. Priced in. BTFD.

 


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

Good for them! As soon as they reach port they can call Merrill and BTFD

Tue, 02/22/2011 - 12:23 | Link to Comment Pegasus Muse
Pegasus Muse's picture

Apparently, the navy needs some target practice.

Wonder if we boarded their ships and inspected the cargo as mentioned in DEBKA article?

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

Even more interesting. Looks like the 4 Americans on that hijacked yacht were killed by their Somali kidnappers.

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

Which is a pretty good excuse for a show of naval strength in the area?

Tue, 02/22/2011 - 11:07 | Link to Comment TeamAmerica
TeamAmerica's picture

You mean more than is already there?   It's a sad outcome, but short of carpet-bombing the Somali coast and sinking every small vessel that ventures from that shore, what do you want?   Come to think of it...not such a bad idea, huh?

 

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

It would probably be easier to sink all American yachts capable of sailing to Somalia.  Hell you could pass a law, and get them to do it themselves.  Then they would build more, and kickstart the economy!

Tue, 02/22/2011 - 14:02 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

The question I have is why the f**k would Americans even BE in a yacht anywhere within 1500 miles of Somalia???  Some really clueless Americans out there...

Tue, 02/22/2011 - 23:53 | Link to Comment StychoKiller
StychoKiller's picture

Intelligence seems to be in short supply, worldwide!

Tue, 02/22/2011 - 11:12 | Link to Comment Vacca
Vacca's picture

There is something seriously wrong with this story. Why would Somalian kidnappers be operating off the coast of Oman?

Why would they shoot the hostages unless a rescue attempt had been made?

Tue, 02/22/2011 - 11:16 | Link to Comment Printfaster
Printfaster's picture

Bingo.  Team Shiite shoots the 4 point play.

 

Tue, 02/22/2011 - 11:32 | Link to Comment Temporalist
Temporalist's picture

Maybe Somali Pirates really hate bibles.

Tue, 02/22/2011 - 11:16 | Link to Comment The Third Man
The Third Man's picture

Yes, the story does have a certain smell to it, doesn't it? Botched rescue attempt is a more likely scenario.

Tue, 02/22/2011 - 11:18 | Link to Comment MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

Just because people have been expecting for a year or two, the perfect moment, when the situation could change from diplomactic-dilly-dally to "justifiable force", doesn't mean this is fishy...

Yes, I am holding my nose...So what?  ;)

Tue, 02/22/2011 - 11:28 | Link to Comment philgramm
philgramm's picture

TPTB are just looking for their own Gulf of Tonkin event so that they can set of the real fireworks 

Tue, 02/22/2011 - 11:29 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Isn't it nice of Iran to play along? Always knew they were just puppets.

Tue, 02/22/2011 - 11:42 | Link to Comment SheepDog-One
SheepDog-One's picture

Or USS Liberty moment.

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

I heard on the news that a rescue attempt was made and the kidnappers shot the hostages. This is coming from Centcom so not sure how true it is. We all remember Jessica Lynch and Pat Tillman, right?

Tue, 02/22/2011 - 11:57 | Link to Comment High Plains Drifter
High Plains Drifter's picture

Yeh Jessica Lynch, she fought like a tiger against those evil Iraqi soldiers to she had no more bullets left. and Pat, oh Pat was killed by friendly fire, they finally admitted but they left out the part that he was shot by someone with the gun barrel no more than a foot away from his head.

Tue, 02/22/2011 - 12:35 | Link to Comment The Third Man
The Third Man's picture

Pat Tillman died of friendly fire. http://www.counterpunch.org/goff08102007.html

His death was originally covered up by the military brass, but he wasn't assasinated.

Tue, 02/22/2011 - 12:56 | Link to Comment Phlash
Phlash's picture

Of course not, he was just a celebrity who was writing home that the war was wrong and he would come home and expose it... No reason to assassinate someone - A simple mistake - A taliban fighter and a US soldier look very similar from 1 foot away...

Tue, 02/22/2011 - 13:09 | Link to Comment TeamAmerica
TeamAmerica's picture

A whole new conspiracy theory - thanks, that makes my day.

Mind you, the idea that Pat Tillman arrived in Afghanstan and decided that fighting the Taliban was a mistake is a bit of a reach.   You need to come up with a plausible reason for him to be opposing the war so suddenly (and so early...check the dates).

Tue, 02/22/2011 - 13:09 | Link to Comment The Third Man
The Third Man's picture

Stan Goff, the author of the linked article, is a multi year Special Forces vet who debunks the notion that Tillman was killed deliberately. There were no shots from 1 foot away. Read the article.

Tue, 02/22/2011 - 11:47 | Link to Comment tonyw
tonyw's picture

!Why would Somalian kidnappers be operating off the coast of Oman?! two reasons:

Like the bank robbers rob banks because it's where the money is, sailors know to stay well away from Somalia so the pirates have to go further afield. The Yemen and Oman coast is the furthest away from Somalia when coming from/going to the Suez canal.

The Somalians look on this as a business and based on their previous successes have invested in "mother ships" so they can go further. Most navies rules of conduct require them to be caught with weapons so they just dump them overboard if needed.

 

Tue, 02/22/2011 - 12:44 | Link to Comment Dr. Porkchop
Dr. Porkchop's picture

If I were a wealthy person yachting in the area, I'd be looking to acquire some autmatic weapons and a healthy supply of javelin missiles, which after the corruption of the Iraq debacle, are probably readily available.

Then if any would be pirates come within striking range, you remove them from the planet.

Tue, 02/22/2011 - 11:42 | Link to Comment hpprinter000
Tue, 02/22/2011 - 14:45 | Link to Comment Rusty Shorts
Rusty Shorts's picture

Yep, check out the Russians, they cuff all the pirates to their own boat then blow it out of the water.

 

http://www.youtube.com/watch?v=oTrkcQJ9i2I

Tue, 02/22/2011 - 11:13 | Link to Comment serotonindumptruck
serotonindumptruck's picture

A minute or two on a .50 cal would take care of a few pirates.

Tue, 02/22/2011 - 11:24 | Link to Comment Id fight Gandhi
Id fight Gandhi's picture

Cant they send in ships to bait them out to sea and then blow the shit out of them?

Some nice looking yachts, unassuming and well armed.

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

This is the Obama Aministration we've got now, understand?

Barry the Bodhisatva, the Enlightened One, Ommmmmmm......

BTW- remember the shooting of the Somalis holding the tanker captain ~2 years ago? The WH was pissed that the on-scene commander did that.

Tue, 02/22/2011 - 12:34 | Link to Comment eatthebanksters
eatthebanksters's picture

I viewed a recent video showing the Russian Navy 'taking' a pirate ship.   The subtitles said that the commander of the Navy vessel on the scene has total jurisdiction of the prisoners and their fate.  The Russian commander had all their hands secured to the rail around the boat (I'm guessing there were 50+) and then blew up the boat and sank it...it was painful t watch, but obviously those guys won't be committing any more act of piracy.  Geneva codes say that guerillas can be executed summarily...wonder what it says about pirates.  Why did we kill two pirates who were on the 'yacht' and take the rest prisoner?  So we can spend taxpayers dollars to fly them back to the U.S., spend more taxpayer dollars to try them in court and then more taxpayer dollars to put them in jail or execute them?  I say do what the Russians did.

Tue, 02/22/2011 - 14:05 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

+ multiple .50 cals...

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

deleted

 

Tue, 02/22/2011 - 10:56 | Link to Comment gasmiinder
gasmiinder's picture

Over/Under on how long before they enter Israeli territorial waters and are sunk?  Given the instability/popular revolts in the area and the Ayatollah's trouble at home my estimate would be 7 days.

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

Over/under on how long before ZH stops hyperventilating over this non-event?

Tue, 02/22/2011 - 11:04 | Link to Comment Azannoth
Azannoth's picture

Hopefully they have better luck than USS Liberty http://en.wikipedia.org/wiki/USS_Liberty_incident

If the Israelis can shoot at their 'allies' imagine what would they do to their enemies

Tue, 02/22/2011 - 11:18 | Link to Comment serotonindumptruck
serotonindumptruck's picture

Never forget!

Never again!

http://www.gtr5.com/

Tue, 02/22/2011 - 11:57 | Link to Comment Unlawful Justice
Unlawful Justice's picture

Just a coincidences that it was "Liberty".

 V- There are no coincidences, Delia... only the illusion of coincidence. ...

Tue, 02/22/2011 - 10:56 | Link to Comment jus_lite_reading
jus_lite_reading's picture

Another GREEN SHOOT.

Tue, 02/22/2011 - 11:41 | Link to Comment Cpl Hicks
Cpl Hicks's picture

Only if the Israelis clean up the oil spilled from the 2 Iranian ships and dispose of the hulls in an environmentally-sensitive way.

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

Maybe they'll defect to Malta.

Tue, 02/22/2011 - 11:18 | Link to Comment the_magician
the_magician's picture

Some Libyan ships just did it. 

Tue, 02/22/2011 - 11:20 | Link to Comment tonyw
tonyw's picture

They sure won't be defecting to Libya.

Just heard reports some Libyan ship(s) have been seen close to Malta, myabe more defectors? there have been lots of diplomats defect over the last 24 hours.

 

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

I can't wait until the various tariffs and tolls must be paid in Gold.

Gold, the other money.

Tue, 02/22/2011 - 11:14 | Link to Comment Flakmeister
Flakmeister's picture

 It's what's for dinner

Tue, 02/22/2011 - 11:44 | Link to Comment Cpl Hicks
Cpl Hicks's picture

Woulda thought you'd be pushing for silver.

Tue, 02/22/2011 - 11:49 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Silver for the automobile toll booths, Gold for the Suez Canal toll booths.

Tue, 02/22/2011 - 11:55 | Link to Comment Cpl Hicks
Cpl Hicks's picture

Hey, you DO have a plan.

I think I like it, assuming I can get my sweaty little hands on the odd shiny bit of silver for travelling in my trusty HumVee.

Tue, 02/22/2011 - 11:01 | Link to Comment firstdivision
firstdivision's picture

Oil is gapping down?!? o_O 

Tue, 02/22/2011 - 11:18 | Link to Comment Printfaster
Printfaster's picture

Gapping down, of course.  Oil has been under price suppression in the Comex for a month.  Every day like clockwork, it gets banged down at mid day.

Welcome to the WTI price suppression scheme.

 

Tue, 02/22/2011 - 11:25 | Link to Comment Richard Head
Richard Head's picture

Silver is sliding hard also. WTF?

Tue, 02/22/2011 - 11:45 | Link to Comment EscapeKey
EscapeKey's picture

Meh, expiry tomorrow. Blythe Masters and her minions continuously trying to take silver down.

Seriously, look at the overnight graph. Time, and time, and time again has the EE attacked. Someone is desperate. Very desperate. The COT report is even compiled on basis of todays trading, which will no doubt show heavy accumulation of commercial shorts.

Not that the SEC will find anything wrong with that, of course. After all, "JPM, as a market maker, have a duty to serve the market". Of course, that ignores silver would be that much higher had JPM not "served" the buyers so magnificantly.

Tue, 02/22/2011 - 11:45 | Link to Comment Terminus C
Terminus C's picture

Silver might be sliding on the Comex but my dealer is still buying them for 34.47 and selling for 37.05

http://www.bullioncoinsandbars.com/products-silver-coins.htm

 

Tue, 02/22/2011 - 11:30 | Link to Comment SilverRhino
SilverRhino's picture

Buy the rumor, sell the news.

Tue, 02/22/2011 - 11:30 | Link to Comment SilverRhino
SilverRhino's picture

Buy the rumor, sell the news.

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

What goes up must come down. What goes in must come out (one way or another).

What goes away must return?

Maybe not. There is a post-visit return passage to think of too.

Unless they are planning on going around on the return.

ORI

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

Tue, 02/22/2011 - 11:01 | Link to Comment koeleköpke
koeleköpke's picture

it's the beginning of a new era, the persians will start controlling  the Mediterranean Sea

Tue, 02/22/2011 - 11:31 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

It doesn't seem anyone else wants the job.

Tue, 02/22/2011 - 11:04 | Link to Comment fastishplastic
fastishplastic's picture

best to frontrun depression

beware the f*cking depression

bounce the fed demons 

brewing the fastest depression

best to f*ck decency 

 

 

Tue, 02/22/2011 - 11:08 | Link to Comment HUGE_Gamma
HUGE_Gamma's picture

they are headed to the New York ready to invade America - Joe Lieberman

Tue, 02/22/2011 - 11:10 | Link to Comment TeamAmerica
TeamAmerica's picture

That would be just crazy great if it was true.

Wed, 02/23/2011 - 00:00 | Link to Comment StychoKiller
StychoKiller's picture

Beware of Roaring Mice!  Is it just me, or is the World still spinning on its axis after these ships made it to open water again?

Tue, 02/22/2011 - 11:08 | Link to Comment bunkermeatheadp...
bunkermeatheadprogeny's picture

I BTFD right between case shiller and consumer conf.

Tue, 02/22/2011 - 11:07 | Link to Comment bunkermeatheadp...
bunkermeatheadprogeny's picture

Silver contracts doing the moonwalk.

Tue, 02/22/2011 - 11:10 | Link to Comment Josh Randall
Josh Randall's picture

Thats the only dip I'm buying

Tue, 02/22/2011 - 11:12 | Link to Comment bunkermeatheadp...
bunkermeatheadprogeny's picture

I'm going cross eyed with backwardation.

Tue, 02/22/2011 - 11:20 | Link to Comment Dr. Richard Head
Dr. Richard Head's picture

Local coin shop is down to only 150 ounces of silver left. Willing to part with it for $5,119.50.  I gots to go gets me some of the linen from the fractional reserve thieves and I am a buyer, yet again.

Tue, 02/22/2011 - 11:53 | Link to Comment SheepDog-One
SheepDog-One's picture

Considering silver is up over 10% in the last few days I dont see how -2% constitutes a big fall.

Tue, 02/22/2011 - 14:10 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

+ mucha plata

Just a normal slide down.  Big deal.  Blythe might not even be involved...

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

As expected, much ado about nothing.

Only Israelies, Zionists, American Media and ultra-right-wing religious nuts in America believe the world revolves around Israel. The rest of us have heard the cry of wolf from them way too much.

You are now free to junk away.

Tue, 02/22/2011 - 11:15 | Link to Comment Stuart
Stuart's picture

but what's on the supply vessel on its way to Lebanon?   Sink that ship!  If Iran bitches about, too fucking bad!

Tue, 02/22/2011 - 11:23 | Link to Comment johnQpublic
johnQpublic's picture

hope whatevers on it is nuclear in nature....if isreal was turned back to dust, what would the harm be?

peace in the mid east?

i cant come up with a bad outcome if israel was just gone

what do they supply the world of any value that would be missed?

Tue, 02/22/2011 - 11:32 | Link to Comment firstdivision
firstdivision's picture

Well, if there were no Israelis to be the common enemy of the Shi'ites and the Sunnis.  Then there would be major civil strife, kind of like now but only times 10.

Tue, 02/22/2011 - 12:11 | Link to Comment squexx
squexx's picture

Parasitic joo are the enemies of the entire world! There's a reason they've been the most hated people in the history of the planet.

Tue, 02/22/2011 - 11:33 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

IDF babes? I'd go to war for that alone.

Tue, 02/22/2011 - 11:44 | Link to Comment serotonindumptruck
serotonindumptruck's picture

The late Joe Vialls had a theory or two regarding the future of "that shitty little country".

And that, ladies and gentlemen, is when the real fireworks will start. Within seconds the tarpaulins will be thrown back on a number of 40’ flatbed trucks currently dispersed in classified locations,  revealing the dull metal of the 37’ Sunburn launch tubes within. While the hydraulic stabilizer jacks slam into the ground and the launch tubes elevate to the firing position, Russian artillery specialists will confirm the pre-programmed target coordinates, then defer to central command fire control, at the same time retaining unit “dead man” authority to fire on bypass if absolutely necessary.
            Each Sunburn will hurtle out of its launcher riding on the white-hot tail of a booster rocket, while its special ramjet lights and cycles up to full thrust. Then rapidly sinking back to an undetectable cruising altitude of approximately 60 feet, each missile will accelerate to Mach 2.2 [1,520 mph] in less than 30 seconds, with a total flight time from Damascus to Tel Aviv of around three minutes. When the end finally comes for Israel, it will all be over in microseconds.

http://web.archive.org/web/20080411230939rn_1/www.vialls.com/myahudi/sunburn.html

Tue, 02/22/2011 - 11:13 | Link to Comment nontaxpayer
nontaxpayer's picture

I would've expected gold to show some enthusiasm - no, pretty laggard.

Safe haven? Anyone? Anyone? Bueller?

Tue, 02/22/2011 - 11:14 | Link to Comment GeorgeHayduke
GeorgeHayduke's picture

Gold didn't need to be a safe haven because most folks figured this was nothing but smoke anyway.

Tue, 02/22/2011 - 11:19 | Link to Comment bunkermeatheadp...
bunkermeatheadprogeny's picture

I'm doing a DUST intraday play today, just had a feeling.

Nothing to worry about though, I still expect my physical PM's to continue to rise over the long term.

Tue, 02/22/2011 - 11:15 | Link to Comment holdbuysell
holdbuysell's picture

Hmm, two old ships: a frigate and a supply ship.

Shades of Enola Gay?

Tue, 02/22/2011 - 13:17 | Link to Comment mick_richfield
mick_richfield's picture

Hey, good point.

A supply ship?  Like a supply ship with...containerized cargo?

Like ... containers from which you could remove the top, jack up the scud, and do a vertical launch like the ones they've practiced?

A vertical launch like ... for an EMD attack?

And a frigate to protect it?

 

Nah.  Probably just a shipment of Persian MREs ( shashlik, ghormeh sabzi, self-heating, 1200 calories. ) for their friends in ... um ..   Beirut.  or something.

 

Fed delenda est.

Tue, 02/22/2011 - 14:14 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

"Fed delenda est."

 

I like that.

Tue, 02/22/2011 - 11:16 | Link to Comment rubearish10
rubearish10's picture

Easy to believe the BTFD bounce. 

Tue, 02/22/2011 - 11:18 | Link to Comment RobotTrader
RobotTrader's picture

Wonder how far they ramp stocks today.

Quint Tatro must be sitting at his terminal, his mouth agape.

http://www.tickerville.com/2011/02/20/middle-east-action/

Tue, 02/22/2011 - 11:24 | Link to Comment tmosley
tmosley's picture

I see you have found a new person to catfish mouth.  I would say badmouth, but your credibility is so far gone that literally no-one pays any attention to what you say.  Much like they don't try to read into the gaping of a catfish's mouth.

Tue, 02/22/2011 - 11:18 | Link to Comment New Revolution
New Revolution's picture

That cargo ship will have a missle sticking in the side of it,... or what's left of it, before it gets to Syria, and everyone knows it.   It's just  a question of time.

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

Which missile are you referring to?  The one pointing in or the one pointing out?

Tue, 02/22/2011 - 11:25 | Link to Comment tonyw
tonyw's picture

Sinking an unarmed ship full of cadets, doesn't sound like a smart PR move.

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

more likely a torpedo from a sub built in Germany . Generates a tad more plausible deniability , not much though

Tue, 02/22/2011 - 11:27 | Link to Comment savagegoose
savagegoose's picture

wtf this is a story that aint a story. who actually gives a fuck?

Tue, 02/22/2011 - 11:28 | Link to Comment props2009
props2009's picture

Silver down 3.5%. Any news or general shorting?

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

Cartel shorts throwing everything on the fire to keep from getting burned alive. Just my guess though.

Tue, 02/22/2011 - 11:37 | Link to Comment props2009
props2009's picture

Not sure. I think it started falling the moment ECB said it will raise rates. So got to be more fundamental than that. If it is linked to rates, it may just have put the top here as all of Silver run is being driven by perception that China is buying. Right?

Tue, 02/22/2011 - 12:34 | Link to Comment GeorgeHayduke
GeorgeHayduke's picture

True. The main idea is that China is buying silver, taking physical delivery and even buying GLD and SLV to take physical delivery.

Who knows anymore. It seems we're all fed these stories to try to outguess the big boyz so we never know which way to go. I'm ready to make a decent return on anything I've got going right now, then buy a ranch in the mountains, never read about any of this stuff anymore and disappear hiking, chopping wood, and just messing around. But, until then, here I sit trying to outguess the game owners. Kinda pathetic now that I think about it.

Tue, 02/22/2011 - 11:38 | Link to Comment SilverRhino
SilverRhino's picture

Fuck, I bought last night (33.90) .... this sucks ass.   Give it a couple of weeks and I'm pretty sure it will recover.

Tue, 02/22/2011 - 11:42 | Link to Comment firstdivision
firstdivision's picture

Never buy anything that is moving parabolic to the upside.  Wait for it to either pull back or level off, since it will do one of the two. 

Tue, 02/22/2011 - 11:54 | Link to Comment SheepDog-One
SheepDog-One's picture

Well its still 33.20, big deal.

Tue, 02/22/2011 - 12:14 | Link to Comment SilverRhino
SilverRhino's picture

True, but that's after bouncing off of 32.48. 

Tue, 02/22/2011 - 14:29 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

If you are not a trader, price does not matter (much anyway).

Just buy.  Don't even need a dip.

...

The Bearing is officially re-thinking his no more gold buying idea.

Tue, 02/22/2011 - 12:04 | Link to Comment Ghostbusters
Ghostbusters's picture

http://www.haaretz.com/news/diplomacy-defense/israel-deeply-appreciates-...

Let's see, the "good guys," aka global vigilantes vetoed the illegality of continuing Israeli settlement in Gaza 1-14 in the UN Security Council, huh 1-14.  Israel really appreciates it.  I feel sorry for any lawyer or person who believes in the law.  The US is behind, was behind, and will do whatever it takes to stay behind, corrupt leadership in the Africa/Middle East to preserve the "balance of power" in their/our favor.  (It is difficult to say "our favor" because the USA is far from a nation for people, by people, with liberty and all that other crap anymore.  It is quite obvious who is in charge and they don't give a F***.)

Quite ironic in fact that the Arab nations are fighting the US supported dictators for freedom while the USA is saving the economy through the socialization of everything.  Long live the world's greatest democracy!   

Kind of makes me feel shi%%y about leaving that cushy, lazy, boring bank job but at the same time helping people is more important than leeching off society. 

Gold, guns, and freedom for all people.  Death to religion as a means to control the masses and the governments that it supports.  There is truly a new awakening or enlightenment at hand and the trickle-up-down-around effect will be felt every where. 

The truth is that war is on the horizon.  There will be a great power grab and we'll see what happens.  Russia and China are patiently waiting for the USA to make yet another mind-numbing mistake.  We all have problems but the US is in a race to the bottom while other powers can stand to wait a bit.  What will the reset really be like?  This goes well beyond economics, although it is a telling side of the tale.  Diversification applies to more than assets. 

Rant over. out. 

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

Comrade President Obama is a skilled naval strategist.

 

 

Tue, 02/22/2011 - 12:41 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Snorkeling in a bathtub, maybe.

Tue, 02/22/2011 - 14:31 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

+ 1

LOL from me!

1 anti-junk!

Wed, 02/23/2011 - 00:09 | Link to Comment StychoKiller
StychoKiller's picture

You mis-spelled navel there...

Tue, 02/22/2011 - 15:09 | Link to Comment Sizzurp
Sizzurp's picture

I don't see this ending well.  I suspect those boats will be boarded for inspection, or sunk.  Take your pick.  

 

As for the pirates, they should have an immediate military tribunal on the navy boat, then they should all walk the plank with bound wrists.  

Tue, 02/22/2011 - 17:06 | Link to Comment no2foreclosures
no2foreclosures's picture

It's very telling the title of this article or blog:

"Iranian Warships Have Crossed Suez Canal"

Wonder if Tyler/ZH calls American aircraft carriers and destroyers that sail around the world as "Warships"?

Tue, 02/22/2011 - 18:22 | Link to Comment Old Europe Avan...
Old Europe Avant-Garde's picture

Don't get why people are caught on to something irrelevant like this. They have a Navy and surprise their ships drive around in nearby area. People are scared as if it were a country that stations its air craft carriers on the other side of the globe. Of course such a thing would be absurd - oh wait ...

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