Libertyship46
110p3,275 comments posted · 9 followers · following 0
5 hours ago @ Big Peace - Libya Tells UN Rights ... · 0 replies · +5 points
7 hours ago @ Big Peace - The Obama Administrati... · 1 reply · +1 points
10 hours ago @ Big Peace - The Boiling Pot Axis: ... · 3 replies · +5 points
Well, I'm not so sure about that. If Iran attacked Israel first, China and Russia know the United States would assist Israel in any way possible. But, then again, since Iran would get hammered in such a confrontation, China and Russia may NOT want to get involved in a losing poposition. China and Russia would know that such an attack was wrong and that it could seek oil elsewhere. I'm not so sure China and Russia would risk global nuclear war over Iran. If Iran clearly started the war, they may just let Iran twist in the wind and let us hamer Iran. China and Russia know when to cut losses and this may be one time that it's better to throw an "ally" under the bus than get incinerated in a nuclear exchange. Now if Israel or the United States attacked Iran first, then that's a different story. China and Russia could feel that they had world opinion on their side and would support Iran. But NOT if it was the other way around, and the Gulf arab states would never support Iran. Iran should NOT get too cocky just because it has a few trade agreements with Russia and China. The Russia and China are totalitarian states, but they're not stupid. Better let Iran die than have the whole world (as well as themselves) die with it.
11 hours ago @ Big Peace - Senator Lieberman on S... · 0 replies · +6 points
Well, yes, they brought Gadaffi down, but the Libyan militias are still fighting now and are quickly turning Libya into a failed state, just like Somalia. Is that what we want for Syria, to have yet another Somalia? Perhaps if we start supporting western secular factions within Syria instead of Islamic militias (like we did in Libya), we might get better results. And if there are no pro-western factions, then let them fight it out on their own. Who needs to get involved if there isn't anything in it for us? After all, if there are only Islamists in Syria, then whatever replaces Assad can't be that much worse than Assad himself. So let them eat each other. We need to stop getting involved in other people's civil wars, unless there are at least some factions fighting that want a pro-western government.
15 hours ago @ Big Peace - 13-Feb-12 World View: ... · 1 reply · +4 points
And I still don't understand why this isn't considered bankruptcy? When you can only pay 30% (or less) on your debt, you are bust, right? So why are the credit agencies even listening to any of this? Greece has no possibility of paying back any of the debts it already has, let alone future ones. Its economy is in shambles and unemployment is horrible. There is no up side to this, so I'm not really understanding why anybody would even want the new bonds, especially if you have to wait 30 years to collect on your investment. This is just kicking the can down the road some more, but I'm surprised that the Germans have not decided that we've already reached the end of the road.
1 day ago @ Big Peace - US Admiral Says Navy P... · 1 reply · +8 points
1 day ago @ Big Peace - Price/Earnings Ratio (... · 0 replies · +14 points
1 day ago @ Big Peace - Whither Keynes? Buildi... · 0 replies · +6 points
Greece's deep recession and high unemployment make it almost impossible for any real growth in the country, which then makes it impossible to pay back the loans it still ows, even with a 70% "haircut" to its bondholders. But even if the Greek parliament votes for this nonsense, it won't mean anything. The Greeks will probably ignore most of the laws or find a way around them. I just don't understand who would want to loan Greece a dime right now, espcially since it can't pay anything back. But I think the European Central Bank will give them the money just to prevent a bigger disaster from happening in Europe. It's the ultimate in kicking the can down the road some more. But even the Germans will get tired throwing their own money away on a losing bet.
1 day ago @ Big Peace - 12-Feb-12 World View: ... · 0 replies · +4 points
Well, I don't really know what all the "suspense" is about with the vote in Greece. The country is already broke and it has absolutely no way of paying back the billions of euros it has already been given. Another 130 billion euro loan will only make matters worse and with no economic growth in the country and a poor economic outlook in the future, I doubt Greece will be able to pay back anybody soon, even by giving a 70% "haircut" to its bondholders. I just don't see where they go from here. More "austerity measures" will only make ecnomic matters worse in Greece, but I'm sure their parliament will pass it just to kick the can down the road for a little longer. I just don't see who would be foolish enough to give them any more money and, if you're only paying back 30% on your loans, you're already bankrupt. Seems like thier only hope is for a complete default, don't pay anybody back, and start from scratch. After all, what is the European Central Bank going to do if they don't get their money back, invade Greece? At this rate, who knows.
2 days ago @ Big Peace - War with Iran: Why Ame... · 2 replies · +3 points
This is the heart of what our strategy with Iran should be. There is no point in bombing, let alone invading, Iran. Bombing would only lead to a lot of casualties and collateral damage and would not destroy all of Iran's nuclear capabilities. Invading would be even worse and would only solidify Iranian hatred for us. But if we gave massive support to every pro-democracy movement in Iran, supplied them with weapons, money, and training using Special Forces coming out of Kurdistan, we could allow the Iranians to achieve regime change on their own. It is possible and it's about time we use covert actions in a smart way, with almost no casualties on our side. Let the Iranian people find out that there is a cost for freedom and that freedom is not free. Let them bear the burden and let them achieve the victory that should be theirs. And, after all, whatever government replaces the mullahs can't be worse than the mullahs themselves. Let's not repeat the same mistakes we made in 2009 after the last Iranian "elections." If we do this now, the Iranians may actually achieve the regime change we so desperately want. And the growing civil war in Syria shows that the people are at least trying to overthrow one of the worst dictators in the world. It can and should be done.
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