Khadafy is dead?

 

The swirl of reports about the demise of Kahdafy senior and the intermittent detention of one of his sons shows the limitations of the 90 second news cycle. If they live on is of little import. If he had any sense at all he will have loaded as much gold as possible onto a freighter or airplane and split to go visit Col Chavez in Venezuela (what is it with colonels and becoming dictators anyways?).

     Italy, and by default the rest of Europe, has successfully (with loads of help from the US) saved the Libyan people from the iron boot of Col Khadafy, and in the process regained access to the light sweet crude they so desperately need. Too bad that the Syrian people don't have any oil, If they did some well-meaning and enlightened Western nation might come save them from the murderous thug that daily orders their slaughter. Alas, all they have is sand and a blown-up nuclear reactor, poor sods.

     In other news the rest of the world is still in full-retard mode, The BRICs are still trying to figure out what to do now that the US is no longer buying every bit of junk they grind out but are still complaining that we are printing money hand over fist (can't argue with them on that but we were buying their crap with that money). Printing Press Ben will soon make another of his meandering speeches in Jackson Hole about the upside of the ruination he has visited on the US economy while saving his bankster buddies from their own recklessness, Fukishima is still venting gazillion miliserviets of radiation into the air every second (you do remember Fukishima right?) while people prattle on about a few fractions of a percentage of a percentage of carbon in the air, I will gladly take the CO2 over radiation, thank-you. The stock market gyrates like a seismograph during an earthquake while precious metals climb ever skyward.

     In the meantime the Teleprompter of the Free World is busy building sand castles in that most proletarian of towns, Martha's Vineyard.

     Hey, at least he has one skill that he can fall back on after 2012.