by Snidely Whiplash

Snidely Whiplash
The sudden popping up of a Libyan no fly zone is an interesting turn. The conflict in Libya was mostly over. Except for all the hand wringing in the rest of the world, for the most part Libya had settled back down. Then Qaddafi decided to get bold, run his mouth about the pending day of reckoning as he was going to crush the rebels and Shazam! He we go with oil prices rising again.
I find the timing of international intervention to be curious at best. Why was the US hands off when it was pretty bad in Libya, yet when things began to calm, suddenly the no fly zone was so important? It all seems so odd, ill-timed and almost as if there is an ulterior motive. I know that sounds a bit paranoid and suspicious but I just don’t get it.
With gasoline prices already near $10.00 a gallon in the EU it would seem doing anything other than the absolutely necessary that would cause fuel prices to rise would be avoided like the plague. But some EU members wanted the no fly zone, so I don’t pretend to be able to answer their odd timing. Maybe because Libya is decidedly closer to the EU than to the US is some of the impetus…I don’t know, but I do find US participation an odd turn of events.
The possibility for more unrest in Libya is now present due to this turn of events? If the Libyan strife ends isn’t it rather likely, as oil prices have shown in the last few days, that prices would begin a slow decline to hopefully more rational levels? They’d already begun to decline as the unrest in Libya calmed. Remember, oil prices didn’t rise because Qaddafi was still in charge. They rose on fears that he might do something crazy and desperate like set his oil fields alight, as well as the declined production due to the unrest in Libya.
I know it sounds a bit paranoid and unfair to Obama perhaps, but I just find this to be bizarre. Even when the Arab League wished for a no fly zone, now they are displeased about planes “occupying” Libyan airspace. I warned that this situation was rife with problems in an earlier article and now they come home to roost.
Continue reading>>>
Like this:
Like Loading...
Read Full Post »