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From all my other reading (Tarpley et. al.), libya is seems to have tipped over. Such a surprise, I thought Gadfly was a much loved leader. But dark times, for sure.
Look elsewhere, stability is disappearing. India is in the throes of it's own cricket drunk distraction. Anythign will come out of left-field and I'm sure we are on the radar too.
But the whole globe is a heat map of unrest. As is the earth (mega-swarm of temblors though a critical mid-atlantic plate as I type). And this is another major earthquake year.
Helmets and seat-belts on!
"I thought Gadfly was a much loved leader." Libya has the same problems as Tunisia and Egypt, high unemployment, a dynastic kleptocracy combined with high corruption that makes people despondent for their situation to improve. In Libya the people are also unhappy that despite huge wealth of resources compared to Tunisia & Egypt the people are very poor.
As usual the trouble is being blamed on foreigners especially the Turks. Reports say some of the tribes are opposing Gaddafi.
IMHO he is finished, maybe the fastest revolution to date.
Funny, you could replace Libya with India or a 100 other countries in the first paragraph) right now and be describing their state accurately.
Could CA. be next?? I live in CA and think the union members combined w the undocumented workers will turn the State into a living hell if any their benefits are changed. CA. has lived on issuing new munis for years and its life blood has been cut off. In a few months, the jack hammer will meet the concrete and sparks will fly.
How much gold did they have and where is it. Those facts will tell the tale.
People are excited about, and even hoping for revolutions. But nothing will happen since there is no enough money to trigger hyper inflation. There are "pockets" of mild inflation here and there, and a few governments are not stable to start with hit some bumps, but nothing major will happen in China and india.
There is a piece of news, if you can read chinese, saying the preschool tuition was up only 20%, indicating inflation is slowing very quickly. hehe
QE wins, bearish guys lose!
The Billion Prices Project @ MIT --> Annual Inflationhttp://bpp.mit.edu/
Can you tell me where inflation is slowing? Hint: must cross the x axis.
Gold crosses $1400....silver well into $33 zone.
OPEC Basket $99.06
Citizen reports out of Benghazi state that units of the military have acted to support the protestors against Gaddafi's secret police unit, that protestors are now armed with small arms and also have tanks!!
Also the society in Libya remains organizes along tribal lines. This includes the military (which partially explains the above). Two of the largest eastern tribes have come out pubiclly in support of protest and asked Gadaffi to leave.
Little confirmation on the above apart from the fact that Gaddaffi's son made televesion speech in which he introduced the concept of civil war. You need some kind of an armed opposition to have a civil war. Murdering civilians does not count. So his "civil war" reference tends to support the state loss of control of some terroritory.
It will be interesting to see if the military fragments along tribal lines. This would lead to all out civil war.
This is about overthrowing the oligarchy. So far, oligarchs have gotten spanked. It's only a matter of time before it spreads to the West.
<...Today’s scums don’t have palaces big enough to hide inside. And the planet is now a village: nowhere to run...>
bad omens all around..if we were still a shaman led society..the soothsayers would be gutting birds and such and throwing( virgins if we could find any) into the maw of volcanoes which now abound..one wonders what madness the advisers of the powerful are whispering.
some feel these soothsayers could tap into the general unconscious of the tribe/nation/world..
perhaps TYLER is our modern day Shamen..
shaking sticks with silver and gold amulets
and chanting death to the fed, death to the banksters across the ethernet.
My Update On Tripoli Clashes:
planes are doing bombing runs now....
Wonder what the gun ownership rate is in Libya? Amazing what people can accomplish, when they have an objective.
Which is why it's best to keep the fat consumer sheeple of the land of freedom distracted with their iboxphonepad gayillegalbordercrashindishwashinaliens who want to get married and lots of cheap gooeyyyy cheese on their Dominos Pizza!
God bless America! And her brave citizens.
when I was-a in roma when Gadhafi visit, he invited all the hookers to a party. lots of girls come-a.
lots of girls are hookers in italy, but that? another story, but that? what the judges say.
at the party, Gadhafi gave an hour long speech. apparently, although i read this in the paper, he? good at canasta. anyway, after the speech-a, he give a copy of the koran to everybody.
all the girls left the party with a koran.
tucked away in the koran was a picture of Gadhafi fishing with his shirt off. crazy man.
at the back was his hotel address. he was looking to hook up-a.
i remember this story because i got stood up that night by a really nice-a girl.
oh maria, if you?e reading this, i hope-a your grand-ma is feeling better.
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