March 06, 2008
One big bomb
Gunman Kills 7 in Attack on School in Jerusalem:
In Gaza, the militant group Hamas praised the attack but stopped short of claiming responsibility, The A.P. reported. Thousands of people poured into the streets to celebrate, firing rifles in the air. “We bless the operation. It will not be the last,” Hamas said in a text message sent to reporters, according to The A.P.Posted by Karol at March 6, 2008 05:24 PM | TrackBack
Technorati Tags: Gunmen+Israel Gaza+Strip
Palestinians indiscriminately murdering innocents?!?
That's un-possible...
Posted by: Snoop-Diggity-DANG-Dawg at March 6, 2008 10:02 PMOh, and did you notice that the U.S. response now is that the Israelis should possibly consider peace in Gaza? Yeah, I think I'd be muttering something like, "Let us borrow a couple MOABs and a dozen B-52s for about three days and you'll have all the peace you could ever want."
But, hey, the Palestinians are just misunderstood victims, right? You know, misunderstood victims that all those oil sheiks can't deign to stop buying all silver cars in order to help.
Posted by: James at March 7, 2008 08:27 AMI seem to remember James, that during the first Gulf War, the Arab states held the west over a barrel (pun intended) by threatening to pull out of all the investments they have in the west. I know at that time BMW was quarter owned by kuwait. Anyway, the reason the USA could never help Israel in that way is that the backlash would make the present economic slowdown seem like the loss of a dollar on a lottery ticket. The pullout would be the tip of the iceberg, because after that, the Arab states would then insist on being paid for their oil in Euros, not dollars, which would cause a tidal wave of dollars to return to the USA, which in turn would cause them to be worthless (Rob Newman compared this to Dali's Chequebook - he drew a sketch on the back, and thus they were never cashed).
Posted by: bryan at March 9, 2008 09:56 PMI think that I'd rather have this occurrence now (while we're still a rather strong power) than in 20 years when the bills come due and the Chinese economy is strong enough to take up the slack. It's not the Euros I'm worried about--the EU is one bad economic snap from breaking like a twig.
Furthermore, I'd love a President's whose response to this was, "You know, you let me know how long you're going to last their Sheik ____ when your Palestinian/Indonesian servants find out they're not getting paid tomorrow."
Posted by: James at March 10, 2008 04:12 PMNot that simple James. They would still have the oil, along with the currency it could buy to pay up with; they might be poor, but everyone else would be poorer.
The Euro thing is interesting. Here in the UK, you can buy a UK lottery ticket for 8 weeks, but the European lottery only for 4, because if the currency started fluctuating, the lottery guys don't want to be left with a huge bill caused by a bad rate of exchange.
