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Geopolitical Risk Is Back As Libya And Israel Make Headlines
As if the global liquidity crunch was not bad enough (as we enter a vacation sleepy week, the key report on Monday will be the ECB's bond purchase update for last week - we estimate another E30 billion in secondary market monetizations, in addition to how many banks pulled dollars from the ECB in the 7 day liquidity providing operation on Wednesday as occurred first last week), geopolitical risk is back after headlines from both Libya and Israel indicate that the Levant region is on the verge of systemic instability once again. The first two stories put Israel smack in the middle of the Middle East action. First is Egypt, which earlier "said Saturday it would withdraw its ambassador from Israel, insisting the killing of five Egyptian security personnel while Israeli forces pursued gunmen across the border was a breach of its 1979 peace treaty with the Jewish state." Complicating matters is the announcement out of Iran, via AP, that "two American men arrested more than two years ago while hiking along the Iraq-Iran border have been sentenced to eight years in prison on charges that include espionage, state TV reported Saturday, a sharp blow to hopes their release was imminent. The announcement seemed to send a hard-line message from Iran's judiciary — which answers directly to the ruling clerics — weeks after the country's foreign minister suggested that the trial of Shane Bauer and Josh Fattal could clear the way for their freedom. It also was likely to raise speculation about Iran using the Americans as political bargaining chips and could bring added tensions to Iranian President Mahmoud Ahmadinejad's expected visit to New York next month." The cherry on top is late news out of Libya that the local rebel movement may be making headway (since denied by the government) in taking over Tripoli. Net result will be even more instability in the crude market which has been expected to drop courtesy of the recent spike in deflationary expectations. Alas, when geopolitics enters the equation, the only certain thing is a surge in uncertainty. That this will likely not benefit global equity markets goes without question.
Here is Reuters on the latest in the snafu between Israel and Egypt - a development that will certainly not hurt the political standing of the Muslim Brotherhood:
Israeli Defense Minister Ehud Barak said Israel regretted the Egyptian deaths, which followed attacks in its border area that had killed eight people and sparked the most serious crisis in ties with Egypt since Hosni Mubarak's overthrow in February.
"We hope that the ambassador will not be recalled," said Yigal Palmor, an Israeli Foreign Ministry spokesman. "He's still here."
Egypt's Foreign Ministry later called in the Israeli charge d'affairs, delivered a protest and demanded a joint investigation into the deaths, the state MENA news agency said.
It said the Israeli diplomat told Egyptian officials he had been asked by his government to read Barak's statement at the Foreign Ministry. The agency said the charge d'affairs was summoned because the Israeli ambassador was not in Cairo.
The Egyptian cabinet decision followed a crisis meeting attended by army generals and intelligence chief Murad Muwafi.
Egypt "lays on Israel the political and legal responsibility for this incident, which constitutes a breach of the peace treaty between Egypt and Israel," the cabinet said in an official statement posted on its website.
"The cabinet committee has decided to withdraw the Egyptian ambassador in Israel until the result of investigations by the Israeli authorities is provided and an apology from the Israeli leadership over the hasty and regrettable statements about Egypt is given," the cabinet statement said.
As for Libya, reports are very much conflicting: per CNN.
Libyan rebels have taken their fight inside Tripoli, home to embattled leader Moammar Gadhafi, a rebel spokesman said late Saturday.
"The revolution from inside Tripoli has officially started (Saturday) evening in many parts ... of Tripoli, and is expected to spread to all of Tripoli," said Jumma Ibrahim, a rebel spokesman from the western mountain region around Zintan.
But speaking a short time later, just before midnight in Tripoli, government spokesman Musa Ibrahim insisted that all is safe and well. He said that the Libyan capital remains under government control.
Heavy clashes broke out Saturday night in at least one Tripoli neighborhood, marked by intense gunfire, explosions and people screaming as they ran through the street, a resident told CNN.
Gunfire and explosions have become normal occurrences in Tripoli, but CNN personnel on the ground for weeks report that the fighting appeared to be among the most intense yet.
In the meantime, Reuters refutes the rebel position:
Small groups of armed rebels infiltrated the Libyan capital but have been dealt with and the city is safe, a spokesman for Muammar Gaddafi's government said on Saturday.
The spokesman, Moussa Ibrahim, said on state television that among the rebels arrested were Algerians, Tunisians and Egyptians.
Heavy gunfire broke out late on Saturday in Tripoli, which is encircled by rebel forces, and residents said anti-Gaddafi protesters were in the streets in several districts.
However events pan out, that this is happening 24 hours before FX markets open once again, just as the US is on the verge of another bear market, and many expect yet another major announcement out of the Fed w/r/t FX swap lines to sooth European liquidity concerns, this is hardly the upside case bulls were expecting.
As for the bears case, here is the latest positioning of US naval assets globally, courtesy of Stratfor. And please- nobody note that the US now has two aircraft carriers in the South China sea following the recent surge in jawboning between the two nations, even as Biden is currently in China . This is purely coincidental, even though Joe Biden is currently in China, reassuring the country "that the US is solvent."
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waiting for 9/6 to see if the Elenin-earthquake alignment theory still holds water:
http://www.earth-issues.com/2011/08/elenin/
*oh snap!* FEMA / FCC drill set for same date. . . 11.9.11, or 9.11.11 for those that line up dates in their proper order. . . 9.11.11, tenth anniversary too - cosmic alignment indeed.
Comets great quakes extream weather global economc black hole geopolitical events etc... all right on time with end time prophecy http://www.prophecyinthenews.com/daily-news-update-august-18-2011/
...ironic? lol http://www.youtube.com/watch?v=yJNao7rQaoU&feature=related
C'mon...weak sauce; pretending the discoverer's name is an acronym, misspelling 'plane', and pretending that a comet with a coma of 80k km which won't come within 35M km of Earth presents any kind of danger?
Feel free to put on your Nikes, have some phenobarb and aresenic applesauce, and put a bag over your head though.
http://www.youtube.com/watch?v=xW5Ch4HZqQE
Very difficult to find long exposure to popcorn via calls on an ETF. Think i will stick to physical instead.
I guess they had to send Good Ole Joe to China to make sure he didn't try to pull a coup d'etat while Dear Leader is on vacation up in lily-white liberal land.
Probably the only oppressed minority on the golf course in Martha's Vineyard for the whole Presidential Labor Day vacation.
How are Joe's knee pads holding up? Rumor has it he borrowed them From Congressman Frank.
As usual, when Zero Hedge uses pro-Israel Middle East commenter George Friedman of Stratfor, the details of a story reflecting adversely on Israel are omitted.
Where in the article are the “comments” from Israel that Egypt found especially damaging?
And with the Stratfor trademark, the specter of the “World Muslim Danger” is brought out once again by mentioning that “horrible development” - the rise of the Muslim Brotherhood. As if that had anything to do with the incident.
At any rate, one of the Israeli comments that stirred Egyptian anger came from Ehud Barak – the Israeli Defense Minister - who said the attacks on Israel from Gaza reflected “the weakening of Egypt’s hold in the Sinai and the broadening of activities by terror elements.”
The Israeli Defense Force, of course, is certainly an expert on terror, dishing it out themselves with gusto using one of the most advanced attack arsenals in the world, as usual raining down helicopter gunfire on individuals on the ground; this traditional Israeli versus opponent type of warfare is how the Egyptian defense force on Egyptian soil was slaughtered.
Stratfor’s report also omits the instant incredible anger against Israel that swept Egypt, not seen even during the Egyptian Revolution against Mubarak – a U.S. puppet carrying out U.S./Israeli foreign policy on his home soil.
This cross-border attack is extremely serious to world peace. Thanks to U.S. superpower protection for every Israeli aggression carried out in the Middle East, Israel favors continued border conflicts with the Palestinians in hopes of derailing the move toward a Palestinian State expected to begin within weeks.
George Friedman (as Stratfor), as most will remember, called for Obama to bomb Iran before the 2012 elections as a winning re-election strategy.
Here are the startling paragraphs in Friedman’s analysis:
“If Obama were to use foreign policy to enhance his political standing through decisive action, and achieve some positive results in relations with foreign governments, the one place he could do it would be Iran… Obama has avoided overt military action against Iran, so a confrontation with Iran would require a deliberate shift in the U.S. stance, which would require a justification.
“The most obvious justification would be to claim that Iran is about to construct a nuclear device. Whether or not this is true would be immaterial…. Nor would the claim be a lie. Defining what it means to almost possess nuclear weapons is nearly a metaphysical discussion. It requires merely a shift in definitions and assumptions…” (from The War Recovery, by David Broder, The Washington Post 2010
Dude, who cares?
We're trying to enjoy the collapse of markets in Europe and the US, all the while waiting for WWIII to break out somewhere in the ME or the Taiwan Straights.
Sit back, enjoy the popcorn and the show, cause we only have till 2030 before the human race goes extinct due to global warming, or is it global cooling.
If it ain't that reason then it's probably because the Extraterrestrial Aliens decided to wipe us out to save the galactic environment.
The conspiracy theories/psychotic breaks are getting pretty radical...
Popcorn gets stuck in my teeth, so I'll stick with the beer & pretzels.
http://www.youtube.com/watch?v=oXCr9OCNHgk
Thanks JR. Could you get yourself a noticeable avatar? It'd really help me find your posts which I invariably find very interesting.
Thanks!
+1
Thanks, JR.
What's with all the V avatars and Guy Fawkes masks? Herd mentality, perchance? Always reminds me of that school board shooting in the Fla panhandle, where this loser drew a huge V and a circle around it on the wall, started shooting around and then turned the gun on himself.
Pull my finger....
By the way, the "Muslim Brotherhood" was created by British Intelligence MI6 early in the last century.
Apparently the British have been busy. It was the British in Versailles who took the campaign of the Zionists, blanking Woodrow Wilson and overriding the French, to push Palestinians out of Palestine to insert a Jewish nation that would provide dual citizenship for Jews no matter which home country they occupied. Israeli forces displaced some 700,000 Palestinians, forcing them to flee to differing neighboring countries.
Palestinians refer to May 15, 1948 as the “Nakba Day” or catastrophe. A news account this year by PressTV of the West Bank marches marking the 63rd anniversary of evicting the Palestinians from their homes said, “The soldiers wiped nearly 500 Palestinian villages and towns off the map, leaving an estimated total of 4.7 million Palestinian refugees dreaming of an eventual return to their homeland more than six decades later.”
http://presstv.com/detail/179645.html
Margaret MacMillan in her book, “Paris 1919,” recounts the historic Versailles event :
“The Balfour Declaration had promised such protection for what it called ‘the existing non-Jewish communities in Palestine,’ a curious formulation when Palestinian Arabs, most of them Muslim but including some Christians, made up about four-fifths of a population of 700,000. It also reflected a tendency on the part of both the world’s statesmen and Zionist leaders to see Palestine as somehow empty. ‘If the Zionists do not go there,’ said Sir Mark Sykes firmly, ‘someone will, nature abhors a vacuum.’ A British Zionist is supposed to have coined the phrase ‘The land without people—for the people without land.’”
British Foreign Secretary Arthur James Balfour, in 1925, on his first visit to Palestine since the Jews were established there, “was touched by the reception he received throughout Palestine from Jews but failed to notice the Arabs in mourning and the shops closed in protest. His private secretary destroyed the hundreds of angry telegrams he received from Arabs before he could see them. When he and his party moved on to Syria to do some sightseeing, the French authorities mounted a guard around him, much to his annoyance. In Damascus, his hotel was surrounded by an excited crowd of 6000 Arabs. As the paving stones started to fly, and the French cavalry fired back, Balfour watched bemused. A young Arab attached to his party tried to explain why there was such opposition to Zionism. Balfour merely replied that he found the results of his experiment, ‘Extraordinarily interesting’.
“He sailed back to Europe on the Sphinx.”
The Balfour Declaration, a letter from Balfour to Lord Rothschild, made public the British support of a Jewish homeland in Palestine after years of negotiation
@JR:
"The Balfour Declaration, a letter from Balfour to Lord Rothschild, made public the British support of a Jewish homeland in Palestine after years of negotiation."
AFTER promising sovereignty over the same land to the Arabs in exchange for their help against the Ottomans.
The duplicity that never stops giving....
Then there's the whole Wilson/Brandeis/US entry into WWI angle. Busy Zionists.
oh god, ZH has one of these???
http://www.counterpunch.org/avnery08192011.html
AT THE beginning of the week, Binyamin Netanyahu was desperately looking for a way out of an escalating internal crisis. The social protest movement was gathering momentum and posing a growing danger to his government.
The struggle was going on, but the protest had already made a huge difference. The whole content of the public discourse had changed beyond recognition.
Social ideas were taking over, pushing aside the hackneyed talk about “security”. TV talk show panels, previously full of used generals, were now packed with social workers and professors of economics. One of the consequences was that women were also much more prominent.
And then it happened. A small extremist Islamist group in the Gaza Strip sent a detachment into the Egyptian Sinai desert, from where it easily crossed the undefended Israeli border and created havoc. Several fighters (or terrorists, depends who is talking) succeeded in killing eight Israeli soldiers and civilians, before some of them were killed. Another four of their comrades were killed on the Egyptian side of the border. The aim seems to have been to capture another Israeli soldier, to strengthen the case for a prisoner exchange on their terms.
In a jiffy, the economics professors vanished from the TV screens, and their place was taken by the old gang of exes – ex-generals, ex-secret-service chiefs, ex-policemen, all male, of course, accompanied by their entourage of obsequious military correspondents and far-right politicians.
With a sigh of relief, Netanyahu returned to his usual stance. Here he was, surrounded by generals, the he-man, the resolute fighter, the Defender of Israel.
* * *
IT WAS, for him and his government, an incredible stroke of luck.
Perhaps the only solution left us is to duck and cover. -- Michael C. Ruppert
http://goo.gl/RZSy1
but seriously, do i short the markets, or go long?
That depends on the size of one's manhood.
Obviously if it's short, you can only go short, good for corn-holing, but if it's long make sure you bang it against her uvula.
http://www.flickr.com/photos/headovmetal/1679326664/
Stand aside.
Yes.
But seriously, if you don't have the conviction one way or another, as tuco says, "stand aside." Wait until you see the trend develop. Fair warning: in this environment, trends are transitory.
short pcln
Let's see. I don't do market, but metals are trading a few dollars over spot through the weekend.
When Asia opens later on tonight we will either see a sell off for profit taking or one final challenge to break and stay above silver 50 and Gold 2000. If that fails, alot of people are going to be backing up the truck.
I no longer care about gasoline. I have a supply capable of keeping the vehicle going 7 weeks or more depending on work schedule. So let the oil prices jump about. I don't care about those.
The rest of the market is either bad banks, Uncle Sam or crayola paper pretend stuff you really should put away and buy real metals.
It interesting to note alot of big deck marine ships are in port. I wonder how those ports doing in socks, underwear and other staples? One can tell rather easily what the future holds simply by being in the area and examining how easy or how hard it is to buy socks.
How is it that Israel is our "greatest ally" in the Middle East but they never assist us in these supposed wars of aggression, even though they are in Israel's backyard?
Don't believe your media, the US/Israel relationship is one -way. Americans serve Israel and many don't even realize it.
And those that DO realize it (apocalyptic evangelicals), fully support the one way nature of that relationship.
Here comes the Hamas troll. You have already been tracked to your little hole in the wall. You can bullshit all you want, as long as you act though - see you with the 42 clones of your mother in the cameljokey paradise.
Can't wait for Obama to give the order to take Pakistan's nukes ... That will turn out well for everyone.
We just gave them 21 brand new fighter jets last year. Americans better wake up.
You are a shoe-licking degenerate follower of a degenerate prophet. You always bite the hand that feeds you and lick the boot that kicks you. Do not overestimate the privacy on this site - it does not exist. Stick your tongue out and wait for the boot.
Who are "we"? You are as American as a camel sandwich.
What you are is a shoe-licking degenerate, trolling for a degenerate and exploitative political movement hiding behind a degenerate prophet. You always bite the hand that feeds you and lick the boot that kicks you. Do not overestimate the privacy on this site - it does not exist. Stick your tongue out and wait for the boot, which should be coming shortly.
What's with the spoooky threats? "Do not overestimate the privacy of this site!" OOOOH. Actually, I am a little scared. Are you telling us you are some kind of hacker, or that you are a member of the security forces? Privacy exists on this site for me because I have neither the inclination or the resources/skills to ID any posters here. What diseased mental process would make you want to do so?
These are the big wild cards layered on top of the Euro crises that makes for a perfect shit storm.
Rockets fired from Egypt into Israel under the new leadership from the land of the pharoahs...... Oil disruptions from Libya to the dependent Euro zone is presenting a BarbaryCoast Omen..... Hugo Chavez is repatriating gold to Caracas that could start a run on the bullion banks.
And what was that other thing? Oh yeah, the pissed off mummy of King Tut has been brought back to life with the brewing of 9 tana leaves under the full moon, by far the least creepiest development.
Was it the CIA that bought KIng Tut back to life? Burial at sea soon to follow!
I thought BK had disavowed the king...
So what is the point of all this, exactly? The US Dollar is backed by aircraft carriers and the interest rates are set by Nuclear subs?
Anchors away!
Oh some lost news this week Peru is going to let the coke grow hands off. A big Fuck you to Washington. I see a coup in the works or shit my breaks went out ...
not coke. poppies. that means heroin.
not just heroin...gotta keep the profits flowin to the Pharm.
"New Yorkers are popping so many painkillers that prescriptions for oxycodone have doubled citywide since 2007"
http://www.metro.us/newyork/local/article/945755--city-pill-popping-driv...
Nah, direct orders from the CIA, need increased production to keep crack cocaine flowing to the streets of good ole USA to provide drug addled control of the zombies.
They are also looking to increase mining royalties significantly.
Peru must be invaded to protect America. We will have to take over their drug trade just like we took over the opium fields in Afghanistan. Opium producttion up 90% since we invaded Afghanistan in 2001 good for $500,000,000,000.00 per year. Bush Jr. signed papers approving invasion of Afghanistan on 9/10/01. We already had tens of thousands of troops gatherered on the Afghan border. Web search it. Tuco Benedicto Pacifico Juan Maria Ramirez
Hiliary's been trying to get something going there for awhile. Things are falling into place; excellent timing on her part.
OT: Saw this over at trader.se, here's the utube link
http://www.youtube.com/watch?v=i-g2iGskFPE&feature=player_embedded
Very prescient on De Gaulle's part. Proof that being big does not always mean you are dumb.
Merci Beaucoup Yes, I am tri-lingual Tuco
Isreal will just write a check, buy their way out of this and the U.S. oligarchy will cash that check.
If the US oligarchy cashes that check, they'll only be getting back the US dollars they gave Israel in the first place.
http://www.vaughns-1-pagers.com/politics/us-foreign-aid.htm
Bingo. Biggest out in the open money laundering scheme in the world. Congress gives money to Isreal. Isreal gives money to Congress through lobbying. Wash, rinse, repeat.
I love USA all the way. USA always ready to help when called upon.
So please Israel and jewish leaders undrstand that.
And Israel vs Iran. Israel will waste them quick!
Pretty marginal trolling, that.
Yes, the USA can always be counted on to drop "humanitarian" bombs wherever the citizenry are in need of the spread of democracy. Tuco
And to think I have been spelling his name "Imadinerjacket". Silly me.
Nothing new. The same bitchez fighting over the same shit.
this is a nice piece, but i do not think the geopolitical situ has changed in libya, it is just grinding along toward the bloodbath, unless the moQ flinches, which doesn't seem likely
my contacts in the nafusa's are getting o-u-t now that both the southern and northern "roads" are in revo hands, the road to tripoli is secured, and troops are massing under the continued "guidance" of their NATO paymasters. the coast road to tunisia had also been taken under rebel control, as of the "refinery" action yest, and tripoli is now "cut off except by sea" even tho the moQ continues to kick a little bootie in the east, somehow or other
that said, we are almost "six months into it" and NATO has bravely announced they will "stay the course" (for 3 more months of this "2-week" war) which will certainly be interesting if Congress decided to tell the CIC, prez0, to shove this "war" where the sun don't shine, since they have been "approving it" 3 months-at-a-time and may actually start listening to their constituents, now, altho i admit that is still a pretty "long" shot
who says biden is in china "assuring them we are solvent"? the MSM? maybe he's telling them we can all "hang together" if they bail out europe and we back their play, esp if the eurobonds are "feasible"
maybe biden is trying to tell them we won't let them fall apart b/c the Ts don't matter, they fuked themselves, as we all know, anyhow
or maybe he is buying gold for cash, or trading paper gold for rare earth minerals or how the fuk would we know what the shithead is doing for the puppet-masters in china?
according to "published" reports (i have no first-hand, here, except the "press") the moQ has armed everyone w/ pubies, both sexes, in tripoli and given them rudimentary training such as all "draftees" get: "you shoot whom i tell you, when i tell you, or you are dead, mofo! trust me!" actually, maybe we shld make that "peach fuzz"
so, yeah, reuters knows the score; they are the home website of the int'l nanny movement, after all!
so, let's say that sometime in the next year, they get the moQ, just for the sake of argument, k?. what happens next? well, according to the moslem brotherhood/al qaeda/mercenaries/and NATO, there will be an "interim" goobermint, followed no later than 8 months from the declaration of "victory" by~~~an "election"!
trust me!
MSNBC's Al Sharpton: "Resist we Much"
In Slewie we trust!
My coworker who is from Somalia who fought in the civil war in the early 90s. Thinks Libya will turn into another Somalia the west fucked it up and made it worse ... It's all tribal shit.
maybe, but i don't think it will be another somalia b/c TPTB want it for an R&R center and a refueling depot, not to mention the water!
that said, i agree the west fuked it up, made it worse, and that (w/in libya) it's all tribal shit. absolutely, especially when we figure the 143 tribes not to mention the berbers, a diff race & culture, entirely, not only in libya, but also in tunisia, where they were filmed for "star wars"
the moQ is (was?) a mighty bedouin chief, who ruled the ungovernable and brought it to where it was more civilized, more solvent, and way less nanny-fied than the US or any of the "NATO Coaltion" or whatever styoooopid name they are now calling these crimes: Operation Don't Kill Civilians; Let US Do It? he developed the water, built roads, and practically everyone who was "PC" could get a job, a car, and servants, too! much of the "rebel hi command" was educated in the US, and some are connected to "libyan" corporacratic types who have "emigrated" to the US
since the assassination of gen younis, the rebel commander, by the rebel council, last month, the council has been "dismissed" by its puppet strongman, and tribalism went parabolic
now,we are hearing that the rebels took the airport and the moQ and his two kids have just left the country, so everybody in tripoli can now surrender to the victorious revolution
personally, i hope it is true and that he did the right thing. again. more later...
It's not, "Its all tribal shit". It's "It's ALLLLLLL tribal shit."
My coworker who is from Somalia who fought in the civil war in the early 90s. Thinks Libya will turn into another Somalia the west fucked it up and made it worse ... It's all tribal shit.
If you want info about Lybia, browse to http://www.voltairenet.org/en. Thierry Meyssan is in Lybia for 2 months now and have already exposed many lies. In his latest article in French, he says that NATO has changed its strategy : bombing checkpoints to let rebels group and Special Forces infiltrate in Ghaddafi's zone. The strategy is to promote a civil war, because they know they can't win the conventional war. But even this tactic is dubious : the pro Ghaddafi outnumbers the anti. Don't forget the reason why NATO is there is to "protect civilians". All those people should be sent to Den Hague.
So far, it's always the same : NATO bombs a city, the army leaves the places. The "rebels" come to remove the Lybian flags and Ghaddafi's pictures. The day after, the army comes back and pushes the rebels away. Meyssan says that on Aug 20, Bengazi is the only city controlled by the rebels. GHaddafi has already taken control of Misrata (big chunk), Brega (whole city), etc. Ambassodor Gene Cretz has been appointed to become the "administrator of free Lybia".
You will find many interesting articles in English on http://www.voltairenet.org/en exposing NATO LIES, LIES, LIES.
the first casualty of was is...truth, joak
people who are paying attention will know what is going on, there, m/l, as the stories and bullshit change and shape-shift, several times/day
my fave recent one is that, after NATO bombed a shitload of civilians recently, to the east, after assassinating their own military commander, who had once worked for the moQ before defecting, they claimed it was to "block his forces" from entering the city, after claiming that these poor people were "miltary assets"at first, and please stop trying to discredit NATO by falsehoods, ok?
then after that, they claimed that one of the moQ's evil sons had been killed in a bombing on a military target, so this is good, right? this went on for 2-3 daze, how the bombing is rilly, rilly, going after the military in their 10,000 (?) or so bombing sorties. after abt 6.000, we haven't heard too many stats from NATO, at least in my sources. but then: the int'l press shows photos of him chatting with others... rilly. this month. recently. the NATO Ministry of Truth keeps making shit up, and rilly could care less if a few people here and there happen to, somehow, notice
now, the moQ and two of his sons have fled; they have lost, now, in a heartbeat, in the east, and that is now over, b/c the rebels just took them o-u-t, militarily, of course. so you see, it is o-v-e-r , he has just run away, and all tripoli should surrender and publicly rejoice at his downfall...
...especially if they want to die, today...
but wait! we now have a new headline outa tripoli: the rebels hold, of course, in tripoli, while the moQ "casts doubt on reports of his departure"
no fuking shit!
meanwhile this link will no longer either re-load or open on slewie's computer due to "connection being re-set during download" now, every time!
The Tripoli Post - Libya News and Business
hey! is my browser "permitted" to acces the web? maybe i should fix that, eh?
more, later, "connection" permitting...
...BiCheZ!
There is talk of a fake Green Square and other Tripoli scenes being built in Qatar for your teevee enjoyment.
"I suppose the French influence on NATO could be intending to distract from unfolding banking crisis in France. Italians too, for that matter. "
Hey you're not far from the truth. In fact "El chapo" Sarkozy wants to be re-elected in 2012. In order to achieve this difficult task he imagines winning a war will help.
here. i can give you the headlines & precis:
Breaking News: Gaddafi and Two of His Sons Have Left Libya Reports from Tripoli say Muammar Gaddafi and two of his sons Hannibal and Mua’atsam have left Libya escaping the advance of the rebels on Tripoli tonight.and:
Libyan Rebels Hold on Gains in Tripoli as Gaddafi Casts Doubt on Reports of His Departure Gaddafi makes his voice heard in Tripoli as rebels advance on major parts of city makes possible the capital could fall in the hands of the rebels within the coming 24 hours.hey! you read it here, first!
http://www.bbc.co.uk/news/world-africa-14606081
USA TODAY HEADLINES: "Libyan ruler Gaddafi suffered a stroke last night while in his sleep. Following the rulers of Egypt and Tunisia, this makes the third MENA dictator who has suffered such a malady this year. Bizarre coincidence we are sure."
Tuco Benedicto Pacifico Juan Maria Ramirez
http://www.bbc.co.uk/news/world-middle-east-14586004
South Sudan attacks 'leave 500 dead'
http://www.bbc.co.uk/news/world-africa-14595368
Alter Net has a few reports http://www.trust.org/alertnet/
http://www.trust.org/alertnet/news/gunshots-heard-in-tripoli-after-daybreak/
Lybian Military Unit defending thier Leader and Tripoli has surrendered to the Rebels, Joined the Rebels and dropped the weapons.
The Rebels are apparently hunting the dear leader Q with intent to eliminate him and his crew as I type this.
Syria, you are next. It would be a simple exercise to plink your little tanks and gunboats and no one will know.
What's the chances that, during NY trip, Ahmedinejad offers to host M.E. nuclear arms reduction talks in Tehran, inviting Israel, Pakistan, India, Russia & US to reduce their level of medium range weapons in the local theatre down to Iran's levels ...??????????
<<Sarc only half-on>>
Paul Mason weighs in on the ZH side of the fence: very good piece.
Free market economics caused the crisis and the rough-hewn Keynesian stimulus policies improvised in 2009 are failing to get us out of it. So, not particularly gradually, but rather with the urgency of Gerard Depardieu on an airplane, there is a sudden rush towards more radical solutions...
There is, in short, a zombified situation well known to small businesses and households. Nobody wants to spend, or invest because they cannot predict the future.Large numbers of businesses are being kept alive because banks cannot afford to declare them busted, or the liabilities rush onto the books. Ditto for many households - Haldane points out 35% of unsecured debt in the UK is with zombie households...
Fisher of the Fed is pointing to the same problem: businesses are awash with cash but - as all orthodox monetary economists know from reading Milton Friedmann - this can become a bad thing (hat tip here to the FT's Kaminska - if you can get behind the pay wall she's uploaded Friedman & Schwarz's graphs). In 1933 the build-up of unspent cash in the economy, as the money supply fell, provoked the final crisis.
http://www.bbc.co.uk/news/business-14579710
He then posits two scenarios - one where Banks are given much more power, another Minsky style where banks are pruned back heavily. I suspect this will break down into pateralist centralists vrs darwinian individualists... and then Koch brothers just came out against Buffet in public (has been linked on here), so I'm guessing battle lines are getting drawn. Might be time to avoid plane flights, jacuzzis and city centres for the next two weeks.
Oh, and the Texan / south USA droughts I've been tracking for a while are today officially the worst on record (or jointly) - better hope NATO doesn't come to steal your air conditioners - http://www.drought.unl.edu/dm/6_week.gif
[edit - junks deserved, posted in the wrong thread. Oh well]
Depardieu on an airplane... As the name of actor implies, it means : by the grace of God. So the divine urge to empty his overblown bladder was an act of God, like the market downturn. Not bad...
He also was refused access to the bathroom, and couldn't hold it anymore - so standing, he took a piss in a bottle shouting "Je veux pisser, je veux pisser.” So, the import is that he was constrained by law forcing his hand (and member) to pass the painful water not on the private, but on the public stage.
If you need inspiration - http://www.youtube.com/watch?v=aB_wL-TlR3w
OP also used the Zombie Apocalypse meme which has been pushed to the max recently - so much so that local government officials print guides to it.
He's a smart guy, and produced the Gary Indiana piece - which is a classic critique of social engineering in the USA, so I'd mark him in the paternalistic centralist camp, for reference.
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Gadhafi losing control is bullish for stock, bearish for gold. Monday may be a big reversal day from last weeks trend.