Not to toot my own horn, but I have been on fire lately. Even I started to doubt my sources that a huge maelstrom was coming from the escalating tension between Israel and Iran. But low and behold, it is now national news that war may be brewing between the two states. With the addition of a new nuclear report that Iran is only months away from a nuke and three years away from a huge stockpile, compiled with the assassination attempt against the Israeli ambassador, things are reaching a fever pitch. It is unlikely that Israel will allow Iran to ever get a nuke, as that happening will totally destabilize the region. However, an attack a Iran will also destabilize the region and the world as oil prices skyrocket and a new global depression happens. There are no good scenarios anymore and our attack on Iraq has actually made situation worse. Saddam, while a monster, was our monster. But much like we did with Noriega, once they got too big for their britches, we eliminated them and not always for the best of reasons. The situation is further hampered by the problems in neighbors like Syria and the new rocket fire from Gaza. This whole area is set to light up. Let's hope a better option arrives. If there was ever a plan for specific assassinations upon Iran's leadership, this would be the time. War won't solve anything here and could actually make it worse. Our time to attack has come and gone some six years ago in 2005 before their military made vast improvements to their early warning systems. Leave it to Bush to not attack when we should have.
On the EU side, the Dow rose today because apparently, the stock traders are a bunch of illiterate morons who have no concept of anything past their noses. The stock market tanked the past few days as fears of the collapse of the EU look more and more likely. So what changed today to alleviate those fears? Nothing. Some slightly good news on the homefront sent stocks upward, yet the crisis is far from over so all these gains will be wiped out once the EU dies and the stock market with it. Until some semblance of reality strikes the EU by doing the right thing by eliminating the global bankers will sanity be restored. Look at Iceland or Argentina who did just that. Europe has decided that poor people will be placed in a permanent depression as the cure instead which has, of course, led to wide spread rioting. This plan is doomed. The Greek government may fall as early as Friday and the death spiral of the EU may go with it. When it does expect the stock market to drop at least 800 points in the first day of trading afterward.
In a sign of true chutzpah, Oakland officials have denied that they were the ones that attacked Scott Olsen by saying none of their officers fired tear gas or flash grenades. Too bad the video taken of the attack is on line for all to see and clearly shows the police doing just that. WTF? Do they think we are that stupid? Agent provocateurs have been threatening violence against the police although there is also the real possibility at these are people fed up with being beaten by the system. Sooner or later, the people will strike back if cops in Oakland and Denver continue. Non violence is still the best way to get your message across for now. Until the crackdown becomes bloody and permanent, peace is the way to win.
The Mexican drug cartels seem to have attacked the wrong group. Mexican government? Nope. The US? No. The hacker group Anonymous has given the Zeta cartel until November 5th (I love the irony in that) to release a kidnapped member of the group of else face retaliation. They have said they will publish the names and addresses of every snitch, business or cop on their payroll if the person is not released immediately. I am very curious to see how this plays out.
More as news demands.
We are THE 99. We do not forgive. We do not forget.
Fear us.
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