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Libya To Halt All Military Action, Announces Immediate Ceasefire

Tyler Durden's picture


Libya announces it accepts the UN resolution, encourages opening of all dialogue with all sides, according to Libyan Foreign Minister. Also, the country has agreed to an immediate ceasefire. WTI drops sharply by $23 on the news, as futures spikes. From the AP: "Foreign Minister Moussa Koussa says Libya is declaring an immediate cease-fire and stopping all military operations. Friday's decision comes after the U.N. voted to authorized a no-fly zone and "all necessary measures" to protect the Libyan people, including airstrikes. Koussa says the cease-fire "will take the country back to safety" and ensure security for all Libyans. But he also criticized the authorization of international military action, calling it a violation of Libya's sovereignty." In the meantime, the French foreign minister, eager to blow stuff up, says to remain careful on Libya ceasefire announcement. And of course - Libya has just won the first diplomatic battle. It can now continue doing what it was doing in complete secrecy, while any invasion by US and ally forces will be deemed a provocation by the world, or so Libya believes.

Follow the announcement live here.

And an initial response from a trading desk:


And in the meantime, nobody appears to care:
Nato's Rasmussen says Nato completing planning in order to be able to take appropriate action in Libya, as Reuters reports that a Libyan rebel in Misrata says rebels repelled Govt. attack on city. In other news, ceasefire to start....


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Fri, 03/18/2011 - 08:38 | 1070719 Spartan
Spartan's picture

Brent Oil plunges $2.....

Fri, 03/18/2011 - 08:39 | 1070727 brian0918
brian0918's picture

Gold and silver just shot way up.

Fri, 03/18/2011 - 08:54 | 1070789 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

It is a selloff.  PMs will test the middle of their ranges, gold has that at $1407 today, it is possible to test support if Blythe goes in.  This all of course is unless something happens with 'Operation Critical'.  Chernobyl sybdrome sounds good now?

Fri, 03/18/2011 - 08:56 | 1070796 johnQpublic
johnQpublic's picture

WTI down

WTF way up

Fri, 03/18/2011 - 09:01 | 1070820 TBT or not TBT
TBT or not TBT's picture

Well Duh Gaddafi has done a ceasefire.   He has already very largely routed the opposition, and entering into "talk" mode neuters the UN immediately, giving him time to consolidate.

Fri, 03/18/2011 - 09:06 | 1070844 pan-the-ist
pan-the-ist's picture

Qaddafi was also probably short oil.  Cha Ching.

Fri, 03/18/2011 - 09:27 | 1070917 SheepDog-One
SheepDog-One's picture

And the dollar shoots way down again, 75.8 is the real story to me. 

Fri, 03/18/2011 - 09:34 | 1070933 johnQpublic
johnQpublic's picture


Fri, 03/18/2011 - 08:39 | 1070720 trampstamp
trampstamp's picture

Play time is over?

Fri, 03/18/2011 - 09:19 | 1070889 NOTW777
NOTW777's picture

obama could have arranged this 2 wks ago if he was minding the store

Fri, 03/18/2011 - 10:43 | 1071310 Joe Davola
Joe Davola's picture

Those brackets down fill themselves out.

Fri, 03/18/2011 - 08:44 | 1070723 Azannoth
Azannoth's picture

That Gadaffi is no fool, he knows that when 1 bomb drops or 1 US soldier crosses the border is game over for him

He should do what Mubarak did, step out while trying to preserve as much of his wealth as possible

Fri, 03/18/2011 - 08:48 | 1070755 wandstrasse
wandstrasse's picture

I think he wants to hear what the west got to offer, some tens of billions should be in for not starting another desert war...

Fri, 03/18/2011 - 09:02 | 1070818 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Ghadaffi won't get Libya's gold out of its vault and out of the country now.  Old man Gadaffi is pissed!  That Tunisian Ben Ali and his wife sure made moves quick!  Wondder if he could give me Lindsey Williams' number....

Fri, 03/18/2011 - 09:13 | 1070871 wandstrasse
wandstrasse's picture

this could be his claim: a 2-3 planes that can carry some tons of 'whatever' and which can fly 'wherever' - for handing his oil & people over to our bankers.

Fri, 03/18/2011 - 09:24 | 1070906 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

He ain't getting any gold.  He will have to take what he had stored in his sock drawer down to Mugabe's now.  It will be enough to hold him over until he can cash it in for the coming  world 'post nuclear' currencie.  Until then he will have to pay his bath escorts in the dollars that Robbert lends him.


Fri, 03/18/2011 - 08:57 | 1070797 dehdhed
dehdhed's picture

sounds like a surrender to me.   i don't read it like, okay okay we'll stop attacking civilians for awhile.  but rather it reads like please all you civilians who now feel emboldened, don't come and get us and hang us in the streets.   i think the military knows further aggression will be met with extreme force and perhaps they too will now turn on gadafi. they know their ass is grass and this is the best spin they can put on it.

Fri, 03/18/2011 - 09:02 | 1070817 RacerX
RacerX's picture

They had Ghad-bro all boxed up & ready to go before, but F-ed up the deal. Let's hope they let this guy disappear into the sunset. Yeah it'd be letting a bad guy go, but on balance I believe it's the smart & prudent approach. ie: Don't leave mad, just leave.

Fri, 03/18/2011 - 09:30 | 1070927 MachoMan
MachoMan's picture

Seems strange that from David Koresh to Osama Bin Laden, we always have these guys pinned down and are capable of taking them out, but never choose to do so until after wasting considerable resources, if at all.

Fri, 03/18/2011 - 10:32 | 1071249 Calmyourself
Calmyourself's picture

Huh, our lovely .gov burned all those nasty women and children to death at Waco.  Koresh ran every day, gov could have arrested him while running instead chose dynamic entry with black masked goons.  Not a lot of resources just some CS and some fire and a few tanks and APC's, not much really..

Fri, 03/18/2011 - 13:21 | 1072098 MachoMan
MachoMan's picture

I dispute the degree of wasting of resources, but it's pretty obvious that we could have had a squad car, WITH A SINGLE DEPUTY, arrest koresh before all the shit went down...  saving dozens of lives and millions of taxpayer dollars...  same thing with bin laden...  same thing with any of these bozos...  no matter how much plastic surgery they may have.

Not sure why I'm getting junked...  apparently people want the MIC to endlessly toil away with pissant adversaries and conjured boogey men?  Rest assured, there will be more...

Fri, 03/18/2011 - 11:23 | 1071523 ElvisDog
ElvisDog's picture

But surrender in what context? Saddam Hussein did not surrender in this way and he was overwhelmed by the U.S. military. Qaddaffi is smart as a fox. His goal is to stay in power. Saving face with his people and the rest of the Arab world is a secondary concern. If he does not agree to the cease fire, he's done. If he does agree, he may still be done but it buys him some time. The smart thing to do is to agree to the cease fire.

Fri, 03/18/2011 - 09:21 | 1070864 G-R-U-N-T
G-R-U-N-T's picture

"He should do what Mubarak did, step out while trying to preserve as much of his wealth as possible"

WTF are you talking about????????? It's not his fucken wealth.

Tell me if the rebels captured Gadaffi and began skinning him alive for murdering and looting the living shit out of them what do you think that piece of shit of a human being would do?


Fri, 03/18/2011 - 10:05 | 1071077 kkam
kkam's picture

Typical sheeple comment, raised on the junk fed by the PTB thru the american media. You have lost all capacity for independent thought. Not that I am a fan of Gadaffi the man, but think a little, why do you hate him so much? Oh, he is suppressing his own people? Then what about Bahrain and Saudi Arabia? Or Mubarak, for that matter? Why are they treated with kid gloves?

The only reason the international community (actually that should be re-labelled the west) are after Gadaffi is a) he is a soft target; b) Libya has oil; c) he has been an independent thorn in the side of the west; d) he didn't make friends in high places in the west like the Saudis.

If you're concerned with the moral principle, you should be equally or more outraged at the oppression of the American people by the power elite. You should be up in arms since that is in your own backyard.

Or take some time to read history. This sort of of oppression has been going on throughout history. Best is to mind your own business and leave other people to live their life as long as they don't pose a threat to yourself.

The American sheeple are being distracted from their own oppression and impoverishment by the power elite arranging these gunfights and explosions all over the world. Again, a standard tactic throughout history.

Fri, 03/18/2011 - 10:36 | 1071283 Calmyourself
Calmyourself's picture

Mr. Infinity,

I don't hate him for what he does to his people that is their problem.  I do hate him for blowing up a Pan Am flight over Lockerbie.  Just as I hate the brit gov and the other asses who released Mr. quick to die of prostate cancer bomber boy..  Most of us here are well aware of these tactics, preaching to the choir.

Fri, 03/18/2011 - 10:45 | 1071322 Azannoth
Azannoth's picture

Gadaffi was a small time player in the international terrorism game

Fri, 03/18/2011 - 11:33 | 1071516 i-dog
i-dog's picture


In fact, this move by Ghaddafi suits TPTB entirely ... they can now accept Daffy's departure and install a more compliant dictator to keep funnelling the oil to Europe (particularly France) without having to give an inch to the peasant revolt (though the peasants will be led to believe that they "won").

Fri, 03/18/2011 - 11:28 | 1071560 ElvisDog
ElvisDog's picture

I agree with KKam. Most of the Arab world operates in a feudal structure. There are a few people at the top who have most of the wealth. They have a larger group of clients who work for them and keep things running. The vast percentage of people are peasants who live subsistence lifestyles. Qaddaffi is no better or no worse than any other Arab leader, certainly he's no worse than the Saudis. Feudalism isn't all bad. Those in the west who dream of democratic Middle East should be careful what they wish for. The combination of democracy and fundamentalist Islam might produce situations the West wouldn't like.

Fri, 03/18/2011 - 11:37 | 1071565 G-R-U-N-T
G-R-U-N-T's picture

"If you're concerned with the moral principle, you should be equally or more outraged at the oppression of the American people by the power elite."

Who are the power elite shit for brains?

"The Forbes listers and the bottom have each held around 3% of the nation’s wealth for the past 20 years. (Reliable and comparable data don’t go further back than that.) Some years they tipped to 3.3%, other years to 2.7%, but basically their shares have move remarkably in parallel through so much economic change. (The Forbesers, of course, pay far more taxes, but that is another argument.)

The stats are undeniably troubling. But the fact remains that the wealth shares of the rich haven’t diverged from the bottom since the early 1980s. (The top 1% have also held roughly the same share of wealth since the the late 1980s.)"


Fri, 03/18/2011 - 10:33 | 1071254 wisefool
wisefool's picture

Right, but the tactics are probably what has him in checkmate. I think he knows that if one plane from the Arab league goes down. One of thier soldiers killed or a ship damaged. THEN the US gets the trifecta.

1) US offers to escalate. 2) Arab league accepts, effectively taking the political chains off of a CVN group 3) Game over in a win, win,win for the USA. Aquiring the oil, stability/credibility and no more col daffy.

Fri, 03/18/2011 - 11:39 | 1071548 i-dog
i-dog's picture

The oil is not for the USA ... it's for Southern Europe (particularly France and Italy). That's why Sarcozy has been the foaming-mouthed attack dog this time around. That's also why Barma has been content to stay busy playing golf and doing his brackets.

There was never really any chance of the US getting actively entangled. The CVNs are only there for show so that the French and Danes can act tough and brave.

Fri, 03/18/2011 - 08:43 | 1070734 Racer
Racer's picture

Nicely convenient for US opening shortly eh and options expiry

Fri, 03/18/2011 - 08:46 | 1070748 trampstamp
trampstamp's picture

Yep, had our couple of down days, which were nicely orchrestrated. Now the upside. I hope it doesn't turn out to be a fake out to the downside like they did on the first day of the month, when everyone expected it to go to the upside.

Fri, 03/18/2011 - 08:48 | 1070757 LRC Fan
LRC Fan's picture


Never fails to amaze me.  Even if Japan's situation gets 5000x worse everyone will just discount it, claim it's been "baked in" to the markets and simply point and say "Libya, Libya" as the Dow rallies to 15k and the dollar tanks.


Fri, 03/18/2011 - 09:29 | 1070921 SheepDog-One
SheepDog-One's picture

Dangerous ground though if the machines had been programmed for a certain equities selloff today. Do not anger or confuse the machines.

Fri, 03/18/2011 - 08:43 | 1070735 gimli
gimli's picture

Gadaffi actually works for CNBC --- he'll be a guest on Mad Money this evening.

Fri, 03/18/2011 - 09:51 | 1071012 MsCreant
MsCreant's picture

That's cute, he could pull a Spitzer.

Angry money.

Insane money.

Every bit as legitimate a character to have on TV as Cramer is. More entertaining too. Get Michael Jackson's old tailor. I bet he could pound crap with that little hammer of Cramers.

It fits our short, soundbite, reality too where there is no historical memory, just what happened in the last few episodes, and then it is resolved.

Very funny.

Fri, 03/18/2011 - 08:42 | 1070737 the not so migh...
the not so mighty maximiza's picture

its what they do not what they say

Fri, 03/18/2011 - 08:45 | 1070745 Oso
Oso's picture

exactly.  do not believe them for a second, Ghaddafi is just pulling a card from North Korea's deck.

Fri, 03/18/2011 - 09:52 | 1071009 Oso
Oso's picture


Fri, 03/18/2011 - 10:47 | 1071341 the not so migh...
the not so mighty maximiza's picture

Q is a,  Lier Lier paints on fire!!!

Fri, 03/18/2011 - 08:56 | 1070771 smithcreek
smithcreek's picture

Exactly.  Now he can continue, but using "police action" to "restore order".  The no fly zonce might have been useful a couple weeks ago when it may have energized momentum against Kadaffi and encouraged his army to sit on the sidelines if not defect altogether.  Now the fire has been extinguished and Kadaffi just needs to piss on the last couple glowing embers.

I'm not saying we should have done this two weeks ago, but we should not have encouraged the rebels and demad Kadaffi leave if we weren't ready to do something when it would have helped.

Fri, 03/18/2011 - 08:59 | 1070801 cossack55
cossack55's picture

Ever heard of Bay of Pigs? How about Cuba and Phillipines in the 1890s.  The stab in the back is one of the things amerika does best.

Fri, 03/18/2011 - 09:04 | 1070841 TBT or not TBT
TBT or not TBT's picture

The United Nations did this, dipstick.

Fri, 03/18/2011 - 09:15 | 1070872 cossack55
cossack55's picture

Yeah, right. Take the red pill, bozo. Any comment about above or is history too confusing? OK. South Viet Nam?

Fri, 03/18/2011 - 09:09 | 1070862 falak pema
falak pema's picture

USA doesn't lead this one. It's France that leads. USA just back-up behind the EU countries.This one is Sarkozy's personal bad debt payment to Q-daffy. Let's see if he can convince his allies to take out those air strips anyway. Also, now the EU wants to get rid of Q definitely, they have to find a strategy to make this happen. It's very fluid as Q can be counted on to go renegade sooner than later.

Fri, 03/18/2011 - 15:01 | 1072702 BigJim
BigJim's picture

Maybe it's time for another gulf-of-tonkin incident.

Fri, 03/18/2011 - 10:54 | 1071392 MonsterZero
MonsterZero's picture

I agree here Quadaffi made the perfect move in ordering the cease-fire.  He's in control of the country still, secret police actions can be taken, foreign mercenaries can be brought in and used to guard oil facilities.  If rebels attack it is simply self defense.  The UN won't have anything to do.. he ordered a cease-fire so you're going to start blowing stuff up?  yeah that'll look reallly great.   He's not an idiot, I think he wins either way here, the only recourse is going to be actual military ont he ground intervention for the West which is going to a.  Make us look like crap  b.  Take a long time to implement.  c.  result in a lot of people losing their political jobs.

Fri, 03/18/2011 - 12:54 | 1071963 Canucklehead
Canucklehead's picture

Grow up...

Do you think anyone worries about drone attacks in Pakisatan?  Why would Liebya be any different?

Do you think this is a tennis match? Do you think any thinking person in the world is going to flock to Quaddafi's side because he "expertly" returned a serve?

There are no lines on this tennis court.  He plays as long as "they" want him to play.  Any move on his part invokes serious retaliation.  Any move on the rebels side is simply diplomatic errors to be discussed at the UN at the appropriate time.

Fri, 03/18/2011 - 08:42 | 1070738 DarkAgeAhead
DarkAgeAhead's picture

Bomb on principle anyway, if only for the Lockerbie tragedy. 



Fri, 03/18/2011 - 08:43 | 1070740 Zina
Zina's picture

BREAKING NEWS: Brazilian groups promisse war on Obama

Calm down! It's just a "paper ball war".

Obama will be in Rio de Janeiro on Sunday, and will make a public speech at Cinelandia, a place where people gathered during the military dictatorship in Brazil, to protest against the dictatorship supported by... the USA! Kind of a "Tahrir Square" of Rio.

Well, that's not a politically correct idea...

In response, some groups in Rio are calling for a "mega paper ball war" at Cinelandia on Sunday, during Obama's speech.

People will carry bags full of small paper balls made from paper sheets, and start a "war" there. The idea is to demonstrate that the only kind of war Brazilians support are paper ball wars (and pillow wars), not real wars like in Iraq and Afghanistan.

Obama must be careful, he can be hit by this "weapon of mass destruction" that is a paper ball. At least it doesn't hurts, like the shoe that guy on Iraq threw at Bush!

Fri, 03/18/2011 - 08:44 | 1070746 gimli
gimli's picture

Could get a nasty paper cut though.......... :(

Fri, 03/18/2011 - 09:13 | 1070868 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

Unless it's used toilet paper....

One can only hope the Brazilians have the brilliant imaginative powers of Judge Judy.

Fri, 03/18/2011 - 08:48 | 1070763 NOTW777
NOTW777's picture

wonder if he'll get back in the groove and restart his apology for America tour

Fri, 03/18/2011 - 09:00 | 1070811 cossack55
cossack55's picture

I was thinking they will wad up FRNs, but they will probably use paper worth something.

Fri, 03/18/2011 - 10:29 | 1071223 Zina
Zina's picture

Believe me nor not, Obama has just canceled his public speech on a open area in Rio because he was afraid of some paper balls!

Now his speech will be at closed doors.

Fri, 03/18/2011 - 08:45 | 1070743 Drag Racer
Drag Racer's picture

TD your quick...


was just watching it on AL-Jazeera and have to question why they caved so quickly. I doubt this will end that easy.

Fri, 03/18/2011 - 08:51 | 1070769 gordengeko
gordengeko's picture

I agree, it will be hard for them to waist a day like today.  I bet they really wanted to drop bombs.  Today is a day for something fucked up somewhere on this planet to happen.

Fri, 03/18/2011 - 08:59 | 1070804 UGrev
UGrev's picture

Having any strategic problems? need a break from the fighting to re-group and plan your massive hammer? Have no fear, the UN is here! Take a day or two to get your plan into place.. go ahead, you have time. 

Fri, 03/18/2011 - 08:46 | 1070753 dbTX
dbTX's picture

visions of saddam and son's

Fri, 03/18/2011 - 08:47 | 1070759 Josh Randall
Josh Randall's picture

Does this mean his little bubushka from the Ukraine is coming home soon ? Go long penicillin

Fri, 03/18/2011 - 08:52 | 1070770 papaswamp
papaswamp's picture

he'll just send in his 'police forces' and quietly execute the rebels.

Fri, 03/18/2011 - 08:59 | 1070803 NumberNone
NumberNone's picture

Agreed.  He already said that he was going to send only police and 'anti-terrorist' squads into the last rebel held cities.  Most likely the same folks currently torturing and executing his enemies.  Can you say 'Trojan Horse'?

Fri, 03/18/2011 - 09:00 | 1070807 Vandelay
Vandelay's picture

It is already happening. Kaddafi is a master manipulator of the west.  He will say anything to his advantage.  He just stopped the international community again as he kills his own people.

Fri, 03/18/2011 - 09:38 | 1070945 NotApplicable
NotApplicable's picture

He is not killing "his own people." This idea of tribalism is one of the dumbest things to emerge from nationalism.

"His people," are the elite, dictator class. To group him in with the commoners, is to misunderstand why and how he gained and retains power.

Fri, 03/18/2011 - 08:52 | 1070776 razorthin
razorthin's picture

Good.  Wish it meant the war printing press would also shift into lower gear.

Fri, 03/18/2011 - 08:53 | 1070781 nontaxpayer
nontaxpayer's picture

Gaddafi must have some french blood in his veins...

Fri, 03/18/2011 - 09:44 | 1070986 GDE
GDE's picture

He certainly does because he doesn't seem afraid to fight men to men unlike some others that drop nuclear bombs or Agent Orange on women and children to win a war.

Fri, 03/18/2011 - 10:00 | 1071039 still kicking
still kicking's picture

you mean like a slap fight?  Or a severe word fight?

Fri, 03/18/2011 - 09:49 | 1071000 Oh regional Indian
Oh regional Indian's picture

Methinks he is looking for some "specific" french blood on his hands.


Fri, 03/18/2011 - 08:54 | 1070782 Cerulean
Cerulean's picture

Bloody cowards.

As soon as some real fighting, not slaughtering of civilians, is about to take place, he declares a ceasefire.

Just take him out


Fri, 03/18/2011 - 08:55 | 1070783 suk mai freedum...
suk mai freedumb stik's picture about the cost of living in America rising to pre October '08 levels...I'm dollar cost averaging my shorts all the way up this "temporary" bull run

Fri, 03/18/2011 - 08:53 | 1070784 iota
iota's picture

Staaaaaand and deliverrrrrr, your oil or yo' life.

Fri, 03/18/2011 - 09:12 | 1070866 falak pema
falak pema's picture

Pity he has no wife...his Ukranian nurse ran away...

Fri, 03/18/2011 - 08:55 | 1070787 Bubbles...bubbl...
Bubbles...bubbles everywhere's picture

Hell NO! We were promised a war and by GOD and all that is mighty we shall have one!

Fri, 03/18/2011 - 08:55 | 1070788 LongSoupLine
LongSoupLine's picture

The "Teflon Gad" strikes again.


He is the true Desert Fox, and the bleeding West politicians will eat it up like French pastries.

Fri, 03/18/2011 - 08:54 | 1070790 Oh regional Indian
Oh regional Indian's picture

Wow, this has to be the head-fakes of head-fakes.

Has anyone noticed that this is a uni-lateral cease-fire? Does it say anywhere that the rebels are going to cease-fire too? Oh wait, those were all paid for and supported by Snark and Co.

Hmmmm... nice that bumbs are not falling and bull-ets not flying, but if ever I saw a herring look red, it's this. From now till Sunday morning, everything is Supermoon Madness.

I'll count on anything on Monday. When Terrence Mckenna's slide date begins.

Nope, cannot and will not catch a break this time around I'm afraid.

Incidentally, for the first time in all my years, 48 hour wait for physical silver, investors buying in huge quantities (I cradled a 30 Kilo block some guy had sent his driver to pick-up, crazy). 

So, as before, Silver, it's where it's at.


Fri, 03/18/2011 - 08:58 | 1070802 the not so migh...
the not so mighty maximiza's picture

good point, we have not heard the rebel leader state they will also cease fire.

Fri, 03/18/2011 - 09:15 | 1070874 falak pema
falak pema's picture

You can bet your bottom dollar they'll claim all those lost towns back. Q killed a lot of people in those towns. There will be blood...! Q will be nailed to his bunker wall in Tripoli. By the opposition, hopefully, not the French.

Fri, 03/18/2011 - 08:57 | 1070795 overmedicatedun...
overmedicatedundersexed's picture

is it this easy to fool the EU and USA?? apparently it is..

no fly zone, seem I remember that phrase about another ME country with a strong dictator..lasted what 15 yrs?? very effective it was. lol.

Fri, 03/18/2011 - 10:01 | 1071060 still kicking
still kicking's picture

I could be completely wrong here, but I also think they were allowed to fly assault choppers against their own people, just not jets.

Fri, 03/18/2011 - 08:58 | 1070799 gimli
gimli's picture

Thank goodness -- Denmark tried to start up their F-16's .... but they needed new spark plugs. Now they have time to go to Home Depot.

Fri, 03/18/2011 - 09:17 | 1070880 MarkD
MarkD's picture

And the Canadians still need more time to change the windshield wipers on their fighters.......and install headlights for night runs.

Fri, 03/18/2011 - 08:59 | 1070800 americanspirit
americanspirit's picture

UN Observers will make sure nothing bad happens,

Fri, 03/18/2011 - 08:59 | 1070815 Vandelay
Vandelay's picture

like in Darfur.

Fri, 03/18/2011 - 09:55 | 1071026 Blues Traveler
Blues Traveler's picture

And Rwanda

Fri, 03/18/2011 - 09:00 | 1070809 sbenard
sbenard's picture

Cowardly Qaddafi!

Wasn't this the same guy that threatened to wage warfare on the Mediterranean just yesterday if a No Fly Zone was announced?

Fri, 03/18/2011 - 09:02 | 1070821 gimli
gimli's picture

It's his poker night .... starting a war on a poker night is a real no-no

Fri, 03/18/2011 - 08:59 | 1070812 max2205
max2205's picture

BUY Luggage

Fri, 03/18/2011 - 08:59 | 1070814 flaunt
flaunt's picture

LOL this Gaddafi fool just doesn't get it... He's not "in" anymore... He has to go.  No terms, no conditions, no hanging onto power, just go and be tried in a kangaroo court and get hanged.  You made a deal with the devil and now the devil is getting his due.  How dense can one dictator be?


Fri, 03/18/2011 - 09:02 | 1070822 Vandelay
Vandelay's picture

Dense enough to stay in power for 40 yrs.

Fri, 03/18/2011 - 09:10 | 1070857 flaunt
flaunt's picture

He was only allowed to stay in power as long as he was a convenient tool.  It appears he doesn't understand that.

Fri, 03/18/2011 - 09:01 | 1070827 Vandelay
Vandelay's picture

Dense enough to stay in power for 40 yrs.

Fri, 03/18/2011 - 09:00 | 1070819 sbenard
sbenard's picture

Let's not forget that the rest of the Mid-East is still on fire. Looks like Wall Street already has forgotten. For the hour, at least!

Fri, 03/18/2011 - 10:00 | 1071045 Henry Chinaski
Henry Chinaski's picture

And it is Freaky Friday when all the stuff happens over there.

Fri, 03/18/2011 - 09:03 | 1070828 clones2
clones2's picture

Maybe Qaddafi could get the next "Peace Prize"...

Fri, 03/18/2011 - 09:20 | 1070893 falak pema
falak pema's picture

Well they gave it to O'b for going into AF-stan and staying on in Iraq. Impressive double war whammy to get his peace prize!

I think Q will have to open a second war front to qualify to that major league status with the Nobel club. Pretty selective guys.

Fri, 03/18/2011 - 09:02 | 1070829 TradingJoe
TradingJoe's picture

Funny how OIL BUYING HEAVILY commenced after the "drop"!!!

Fri, 03/18/2011 - 09:03 | 1070830 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

USA!  USA!!  USA!!!  USA!!!!

Fri, 03/18/2011 - 09:03 | 1070834 99er
Fri, 03/18/2011 - 09:03 | 1070836 clones2
clones2's picture

And - last I checked isn't he still on Interpol's most wanted list???

Don't they usually try to get those guys?

Fri, 03/18/2011 - 09:32 | 1070930 SheepDog-One
SheepDog-One's picture

Well, Bush and Cheney are also on Interpols most wanted list.

Fri, 03/18/2011 - 09:06 | 1070850 BetTheHouse
BetTheHouse's picture

This is like the guy who just won the big pot at a poker game, yawning, stretching, looking at his watch and saying, "Jeez!  Is is THAT late already?  Cripes!  We should probably all head home, don't you think!?"

Fri, 03/18/2011 - 09:08 | 1070852 SilverRhino
SilverRhino's picture

I bet Q goes all in in building ties with China and Russia at this point.

Fri, 03/18/2011 - 09:07 | 1070853 Bubbles...bubbl...
Bubbles...bubbles everywhere's picture

Can we at least go to Yemen? They are killing people over there. 

Fri, 03/18/2011 - 09:26 | 1070920 Dr. Engali
Dr. Engali's picture

Do they have oil? Because if they don't have oil it's alright if the slaughter their civilians.

Fri, 03/18/2011 - 09:09 | 1070855 el-greco
el-greco's picture

Whatever we think of Gadaffi's past actions are justified, he is all that the media have described him as. But the record shows the most belligerent country since the second world war is the USA, whether by counting the number of wars they have taken to other countries of by way of the number of weapon sales to dictators like Gadaffi. Today they are using their peanut brain European lackeys to do the dirty. Is anyone in any doubt as to what this is about? But Gaddafi is probably five steps ahead of our western dinosaur leaders, and at least Cameron and Sarko will get their arses seriously spanked when they get back to talking business with the dictator.

Fri, 03/18/2011 - 09:13 | 1070870 Stuck on Zero
Stuck on Zero's picture

Gawdafee has promised a full pardon for all rebels who cease fighting.  And then death!

Fri, 03/18/2011 - 09:20 | 1070882 Mercury
Mercury's picture

Well it ain't over yet and the details will likely continue to be messy.

But I'm right so far...

The U.S. (Obama) will not be discharging ordinance from warplanes over Libya or put troops on Libyan soil.

Fri, 03/18/2011 - 09:19 | 1070888 High Plains Drifter
High Plains Drifter's picture

Its a clever move. In the meantime, while the big powers perhaps are confused by this latest move, I mean, think about it, how is it going to look , bombing people who have called a ceasefire, which according to the European powers is what they really wanted all along (of course it isn't ) but let's play along shall we. The European powers and the Amerikans being pushed by the hidden hand in all of this want blood and death and destruction, this is what they want. So Gadaffi has bought some time now as this false thing (that does not exist by the way) the rule of law takes hold, cough , cough.....While they are in a confused state, if he has not done it already, Have all pilots fly all my aircraft to the home of my friend , Robert Mugabe, Zimbabwe,  and tell him, these are now yours my friend, a gift of the Libyan people. Also I would load up all of my tanks on flat beds and take them across the border as well and anything else of value, which imho opinion, since he has not really needed all of them, he should have been doing already. As I have said before, he has seen what these punks have done to others and is at least trying to delay it being done to Libya and to himself..........So now Libya is swallowed up and loses it national sovereignty and we go along with it because we are stupid and silly and are told day in and day out what a evil man this leader is and nobody even takes a moment to consider that maybe they are being lied to for a purpose. God help us now....

Fri, 03/18/2011 - 11:21 | 1071521 JR
JR's picture

Your concerns are very important to consider.  As Nathan Martin said this morning regarding the U.N. creation of a ‘No-Fly Zone’ in Libya:  “That’ll mean another war front for our military and yet another big question mark for the Middle-East.  I’m not entirely sure how to read events there.  I get the feeling that there’s a lot more to it than just the spreading of freedom – I believe ‘freedom’ has become as manipulated as our ‘free’ markets – and the manipulation is coming from the same exact few individuals WHO control the production of money around the globe.”

There are many flies in the freedom ointment. A British official appearing this morning on Al Jazeera said the cease fire does not preclude the use of ground forces by TPTB if it’s perceived the citizens of Benghazi are being threatened. Preparations will continue, he said.  IMO, U.S. ground troops on Libyan soil is a prelude to war and resource seizure.

Also, the loyalties of France’s President Nicolas Sarkozy , an intervention hawk, are questionable at best Considering his past statements, they appear to lie first with Israel and the bankers, and then with a one-world management.  France is a mere chess piece to be manipulated in the overall winner-take-all game.  Sarkozy has called for a new international monetary system and a World Environment Organization (WEO) as powerful as the WTO.  In 2008, he made a forceful speech at the United Nations, vowing to pursue further sanctions against Iran…  

Raanan Eliaz. consultant on European-Israeli Affairs, said in 2007 that “as a Minister of Interior, Sarkozy shared much common policy ground with (then) former Israeli Prime Minister, Benjamin Netanyahu.”

As regards the Israeli-Palestinian conflict, M.J. Rosenberg reports in AIPAC’s  Newest Strategy that the Netanyahu government and AIPAC already have begun smear tactics to blame the Palestinian Authority (PA) for lack of a peace process. They are using the old “there is no partner” mantra, so Israel can “preserve an ugly and deadly status quo” by ruling out any withdrawal to the ’67 lines and only a very partial settlement freeze, he said.  (British Foreign Minister William Hague has said that the “territorial basis for any agreement must be the pre-’67 borders.”)

Knowing that the PA can no longer afford to even consider such an offer, Netanyahu has decided to preemptively label Israel's old friends in the Palestinian Authority as extremists, with the goal of ensuring that both Congress and the Obama administration back his plan,” said Rosenberg, a Senior Foreign Policy Fellow at Media Matters Action Network.

All this is a prelude for AIPAC’s annual conference (May22-24) where members of the U.S. House and Senate and the president or vice president of the United States, along with candidates for Congress and the leading Republican candidates for president, will be in attendance to get their year’s marching orders and their campaign contributions, “all vying for support by promising undying loyalty to the AIPAC agenda.”

In addition, Israel wants a full-cut-off of US and international aid to the Palestinians, while at the same time defense minister Barak is requesting another $20 billion in U.S. aid to Israel.

Fri, 03/18/2011 - 12:56 | 1071968 High Plains Drifter
High Plains Drifter's picture

Very good. Also something else that is bazaar beyond words to consider. Israel's Declining Sperm Quality Tied To Depleted Uranium Exposure

How puzzling it is, to see this and hear this. I knew there would be a problem about it. Now it is happening in spades. Yet it was for Israel that we fought the Iraq wars in order to secure the eastern border (Euphrates river) of the land called Eretz Israel, the new improved and enlarged land of Israel, according to the Bible in which God promised this land to the people of the promise (of which the present occupants) are not, but let's not quibble shall we?

So now they watched and laughed as DU bombs landed on the Iraqis and killed them and poisoned them. So now the prevailing winds of the earth spread the nano radioactive particles,  over the earth and men and women die much faster. The winds carried this DU dust across Israel and all over the middle east and beyond. Let us examine for a minute what this means. All we have to do is exaamine the veterans of the Gulf war and how 75,000 or more of them now have died as a direct result of DU poisoning, with another 200,000 or more sick now, which they unknowingly passed to their wives when they came home and as a direct result of having relations with their wives, their children are born with deformities. It is easy to pretend that this isn't happening with all the things happening in the world today, but I am afraid it is happening. We have destroyed the middle east with this stuff and the weird part about it, is that the very people that these wars were designed to help (supposedly) are also being adversely affected by this stuff. Strange things are happening if you ask me.

It is clear beyond a shadow of doubt that the zionist policy reguarding all of this is in full effect and that is of course , the fact that zionist feel strongly that jews must die for the good of world jewry and, so they have and so they will and as this happens, these jews in Israel and elsewhere, somehow think, that they are part of it all, never knowing that many of them, also, were being used as useful idiots and space holders for others at the top of the world pyramid power structure. I remember reading the quote of a prominent early zionist jew named Izaak Greenbaum who said:

"One Cow in Palestine is worth more than all the Jews in Poland"

Its obvious the power structure doesn't give one good damn about any of them.

I have jewish friends. I tell them this stuff and they look at me like I am crazy. They cannot believe it. They are not alone. Most do not believe it, but it is true. They think they are part of it all and that they are being called to help and support Israel because it is a place where jews can go in case of trouble etc. I have no problem saying that they too are useful idiots being lied to and never knowning the truth, will in the end be eliminated like so many of us, because their usefulness has come to a end. One thing is for certain. In the racist religion called rabbinical judaism and in the study of the Talmud gentiles are considered cattle and are not human. I can deal with that. No problem. But I have a message for those who believe such things. Many of you who believe this shall in the end suffer the same fate as us all. Many cattle shall be killed both gentile and jew...Such is life here in the 21st century of this land called Amerika. And knowing all of this, many refuse to see it and refuse to discuss it and have the nerve to turn on the boob toob and watch dancing with the stars. The Apostle Paul said it best in the Biblical book of Acts chapter 7: 51 - 53.

51Ye stiffnecked and uncircumcised in heart and ears, ye do always resist the Holy Ghost: as your fathers did, so do ye.

52Which of the prophets have not your fathers persecuted? and they have slain them which shewed before of the coming of the Just One; of whom ye have been now the betrayers and murderers:

53Who have received the law by the disposition of angels, and have not kept it.

And so we were and so we are and nothing has changed. God help this country.

Fri, 03/18/2011 - 09:21 | 1070891 somethingelse
somethingelse's picture

Qadaffi also said once a upon a time he was not responsible for PAN AM 103 but that eventually proved to be a lie.   Why on earth would anyone believe him about a ceasefire?      he's clearly using the same playbook as Saddam and Ahmadinajad.

Fri, 03/18/2011 - 09:22 | 1070892 Astute Investor
Astute Investor's picture

Peace for our time....

Fri, 03/18/2011 - 09:24 | 1070910 falak pema
falak pema's picture

Piece of red Q-meat in our plate with good french, 'Bordo' wine...

Fri, 03/18/2011 - 09:20 | 1070894 scatterbrains
scatterbrains's picture

This is all scripted, we need Daffy to hold power. Sorry Saudi shites, nobody loves you.

Fri, 03/18/2011 - 09:23 | 1070902 John Law Lives
John Law Lives's picture

Gaddafi is a survivor.  You don't rule a country like Libya for 40+ years by being a dope or a weakling.  This is a stall tactic.

Fri, 03/18/2011 - 09:24 | 1070905 darkpool2
darkpool2's picture

for fucks sake, just get this over with and let the Libyan people move forward. Locate the regime and lock on the cruise missles.....NOW,.... end this circus

Fri, 03/18/2011 - 09:26 | 1070918 falak pema
falak pema's picture

Do you have a paradisiacal island to propose where Q and family could move for retirement with the pot of gold? St Helena maybe? Came in useful last time round.

Fri, 03/18/2011 - 10:12 | 1071118 DarkAgeAhead
DarkAgeAhead's picture

Sure, Jannah.


Fri, 03/18/2011 - 10:32 | 1071248 falak pema
falak pema's picture

He'll never make it there, more likely the other place. Anyways the company is always better down below, so many interesting people...even if it's a little hotter!

Fri, 03/18/2011 - 09:25 | 1070912 Dr. Engali
Dr. Engali's picture

You ever get the feeling this is all one big orchestrated game?  The worlds falling it's all good party on......its all falling's good again rock on. Go back and watch Dancing with the Stars...nothing to see here.

Fri, 03/18/2011 - 09:51 | 1071010 Spastica Rex
Spastica Rex's picture


Fri, 03/18/2011 - 09:30 | 1070928 Ben Probanke
Ben Probanke's picture

he will call the arab league to provide him the same assistance than in Barhain to control crowds

Fri, 03/18/2011 - 09:36 | 1070937 Crassus
Crassus's picture

Have the serene and lazy knowledge that only Gaddafy has declared a cease fire. If it seems that the world is falling apart it is time to reconsider your world view (for better or worse) to include new and perhaps conflicting information. It may not be comfortable.

Fri, 03/18/2011 - 10:26 | 1070942 plocequ1
plocequ1's picture


Fri, 03/18/2011 - 09:41 | 1070962 tim73
tim73's picture

Typical bully behavior from Gadaffi. When they know their game is up, cannot bully their way forward anymore, all of sudden they turn into Mr. Saint Human Rights Activists.

That man has done unspeakable crimes against Libyans and should be put to jail ASAP.



Fri, 03/18/2011 - 10:04 | 1071076 DarkAgeAhead
DarkAgeAhead's picture

I agree and would prefer a well-placed bomb on whatever palace he is currently residing.  And round up his paid mercenaries and prosecute them.

Fri, 03/18/2011 - 09:41 | 1070963 PhD
PhD's picture

Ceasefire? Had they announced immediate capitulation that would have been news sure, but a ceasefire?

This is nonsence

Fri, 03/18/2011 - 10:38 | 1071286 falak pema
falak pema's picture

I can see why you have a Phd! But Q doesn't, that's the kicker! He thinks he can hoodwink the world. And he's right. Sarko never got a PHD either. Only Benocide!! Look at what a PHD can do ...inventor of WMD, all in paper USD!

Fri, 03/18/2011 - 09:47 | 1070995 SheepDog-One
SheepDog-One's picture

All about the collapsing 75.8 dollar to me. 

Fri, 03/18/2011 - 09:51 | 1071003 SheepDog-One
SheepDog-One's picture

And oil aint down THAT much at $102 its down .30 cents. Lets face it Hillery's got a hard-on, she wants her war theyll go anyway!

Fri, 03/18/2011 - 09:53 | 1071017 Joeman34
Joeman34's picture

This is exactly why we need our President to take swift, decisive, action - rather than sit-back and contemplate, all-the-while waiting for the rest of the world to move first.  Allowing the UN to drive this situation is ridiculous.  It takes too long and it's provides too much time for despots like Gaddafi to strategize.  Working through the UN, the next steps are telegraphed and any element of surprise is completely lost.  We had the opportunity to put a quick end to this mess - now it will drag out for who-knows how long.  This is a perfect example of why Obama, the embodiment of the spineless, politically-correct, apologist Liberal establishment, is quickly earning the title of worst President ever... 

Fri, 03/18/2011 - 10:33 | 1071246 SheepDog-One
SheepDog-One's picture

Im sure Obama will turn to swift decisive presidential action just as soon as March Madness and his vacation is over.

Fri, 03/18/2011 - 09:55 | 1071019 sabra1
sabra1's picture

meanwhile, daffy knows who is on his terrorist strikeback list!

Fri, 03/18/2011 - 09:58 | 1071034 Ghostbusters
Ghostbusters's picture

Clinton pledges to aid Tunisia reforms

"We need a plan for economic development, for jobs. The Tunisian people deserve that," [Clinton] told reporters, saying the US would take part in a donors' conference later this year to help the North African nation.

Let's see, the USA is going to help create jobs in Tunisia.  How many Americans are claiming unemployment insurance, 8,953,610? 

Food stamps - 43.6 million Americans relied on 'em in November

Cost of living in the USA at all time highs but there's no inflation.

Huh, so domestically the cost of living is rising and so is the number of people reliant on a handout of any sort.  Social Security? How is this going to end?

What is the population of Tunisia, 10,629,186? (July 2011 est. from CIA, + refugees...) 

There are probably more jobless people in the US than there are people in Tunisia.  I bet they are going to see a lot of help from Clinton, Obama, the IMF, World Bank, and the rest of the "Club." 

Some how I don't think this arrangement has the best interests of Tunisia in mind. 

"Time to modernize your oil wells.  Did you know there are lots of jobs in nuclear...How about some nuclear reactors?  They're on sale right now, time to cash-in."

Please sign on the dotted line to join the Evil Empire..........................................

ps-How much longer can we actually continuing paying taxes into this ponzi? Do we not understand that by paying taxes we support every action? We are the problem and it is not going to go away until it is way too late, but everyday closer.

Not to mention, once again we are distracted from everything to do with Wall Street, Washington, and the International World Bank Government.  Debt ceiling, US Federal Budget, bankrupt states, Korea, European contagion, and Japan is printing, the US is printing, Europe is printing, oil production is.......,everything is good in China(?) and who wins and loses in this currency battle?  Answer, it is not going to be the leaders. 

Revolution not change, political strife not bipartisanship, legalized theft not earmarks, death not life, environmental devastation not environmental progress, armies not bankers, lies not disinformation, and we've long since seen the end of peaceful demonstration with police killing their countrymen for what? This is the new normal. resist or die.


Fri, 03/18/2011 - 10:02 | 1071062 MsCreant
MsCreant's picture

No one said it. Someone must.


Fri, 03/18/2011 - 10:35 | 1071265 SheepDog-One
SheepDog-One's picture

In what?

Fri, 03/18/2011 - 10:02 | 1071071 Joeman34
Joeman34's picture

Not sure if this story is referencing events taking place after the supposed cease-fire:

But more of this sort of thing is to be expected regardless...

Fri, 03/18/2011 - 10:12 | 1071137 still kicking
still kicking's picture

I have to wonder if Q hasn't been asking for this no fly zone for a week behind closed doors.  An attack against government forces by rebels is technically illegal so Q fighting back is legal (note: I am saying legal, not morally right).  Committing a massacre against your own people is not legal, but if you stop before you get the job done you are weak especially in the ME culture.  So what do you do?  You pick up the phone you call your buddies in the EU and say hey I need you guys to "make" me stop killing these rebels.  They declare a no fly zone, you declare a cease fire, and you hold on to power, and quietly eliminate any opposition. 

If you don't do this the US waits till you destroy the rebels then bombs your ass back to the stone age takes your oil, and you just end up dead. 

Disclosure:  I think we should just kill the ahole and let things settle where they may, i also thought we should have killed saddam and left the iraqi's to figure it out, and I really didn't have a problem with spanking the taliban right off the bat but again we should have left immediately afterwards.

Fri, 03/18/2011 - 10:21 | 1071183 John Law Lives
John Law Lives's picture


Fri, 03/18/2011 - 10:21 | 1071186 DarAdder
DarAdder's picture

The Libyan government has expressed such overwhelming eagerness to abide by the UN resolution that maybe they'll start bombing their own troops.

Fri, 03/18/2011 - 10:46 | 1071338 metastar
metastar's picture

Why is Libya concerned about sovereignty? Don't they know we are all part of the NWO headed by the UN, IMF, World Bank and other central bankers?

Fri, 03/18/2011 - 10:23 | 1071190 writingsonthewall
writingsonthewall's picture

How stupid are the markets?

I mean Gaddaffi talks of a ceasefire (technically there was no war) and the oil price plummets.

Have the speccy-laters forgotten about Bharain, Yemen and the loss of Japanese Nuclear power (soon to be replaced by oil)?

What short term fools - the drop in Brent-crude futures is incredible - it really shows the markets have no idea about whats around the corner - it's not price discovery - it's price manipulation - egged on by easy money from central bankers.

Even ignoring all that - since when have we ever trusted Gaddaffi's word? - it wasn't worth the breath it was released on last week - all of a sudden the world oil speculators want to put their bottom dollar on it!

...and you wonder why it's all going to end badly.

Fri, 03/18/2011 - 10:33 | 1071261 SheepDog-One
SheepDog-One's picture

Im not seeing this 'oil price plummeting', down .60 cents is a big deal?

Fri, 03/18/2011 - 10:41 | 1071304 falak pema
falak pema's picture

Ever seen a scared herd of bisons stampeding in a western?

Fri, 03/18/2011 - 10:50 | 1071360 Juggernaut Nihilism
Juggernaut Nihilism's picture

I laid this out yesterday after overhearing a conversation at the UN vote meeting:

"Jim, is that you?

Wow, what's it been... six months?  That long?  Nooo... wow!

It's just great to see ya!

Yeah, these votes are a pain in the ass, but the food is top-notch and the hotels and women are great.  What's this one about?  Oh, Libya, right... It's about time we got Mubarak out of there.

What?  Mubarak was last week?  Gadaffi?  The guy Reagan killed in the 80's?  He missed?  Jesus, well, he definitely has to go then.  So wait, who's Mubarak?

Egypt?  Is that what we're voting on, bombing Egypt?  Or wait, you said Libya.  Right.  And Gadaffi is in Libya.  And that's who we're bombing.  Who in Libya are we bombing?  Gadaffi?

No?  Who then?  What will we do with Gadaffi?  Convince him to resign??  And do what?  The French seem very adamant that he be done away with after all.

Oh, the French have a villa and a two billion euro bank account set aside for him?  So France wants us to bomb Gadaffi into submitting to fleeing his country for a villa in the south of France... where the French will immediately arrest him!


No?  What do you mean they'll eventually invite him to participate in the middle east peace process?  You mean... What?  Who's there?  Benghazi who? ...  Bwaaaahahaahahahahahahahahahahah! *sips $4000 per bottle champagne* Oh man, these rebels are seriously going to get massacred."

Fri, 03/18/2011 - 10:54 | 1071394 bugs_
bugs_'s picture

Don't believe Muammar.  He is playing "Saddam" to Obama's "Bush".  We will get to see who is the better role player!

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