August 28, 2013
What exactly is the national interest in Syria?
We understand that President Obama is going to make "an informed decision" (Sec Kerry's words) and very likely bomb Syria. Don't you love how this administration wants you to think that President Obama has been carefully and methodically considering every option? The administration is acting because Syria violated "the red line" and apparently used chemical weapons on innocent people. There is also an economic concern and you don't hear that anywhere. This is the story, according to CNBC: "Oil prices spiked above $108 a barrel amid worries that potential military action in the Middle East could disrupt oil production. John Kilduff of Again Capital said that Syria's location was vital, even though it is not a major oil exporter. "It's clearly become a proxy war for almost the whole region," said Kilduff. "What's happening is you have Egypt and Syria that are not oil producers... You have a tight market and...(Read Full Post)