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USA Bombs Libya
- Thread starter marketsurfer
- Start date
Quote from adadadog:
After first round of strike, Libya motivated to show the "atrocity", 48 people dead. Apparently the strike is not effective. The war may protract and impact on the market is going to longer than people thought.
Just remember... at the high "elite", money is hot chicks between 15 and 30. They are the scarcist resource on planet earth.
Whatever we may think about the Gaddafi regime, we must recognize that this is a coup dâetat in a foreign country. What moral right do we have to initiate military action against Libya? Libya has not attacked the United States. Neither the coup leaders nor the regime pose an imminent threat to the United States and therefore, as much as we abhor violence and loss of life, this is simply none of our business.
In the 1990s we established âno flyâ zones and all manner of sanctions against Saddam Husseinâs regime in Iraq in attempt to force him from power. When that did not work â at a high cost in Iraqi lives â the US ultimately went to war to achieve these ends.
As many in the administration, Congress, and elsewhere clamor for the president to initiate military action to support those seeking to overthrow the Libyan regime, Congress sits by, as usual, pretending that Article I, Section 8 of the US Constitution does not exist. According to this long-ignored section, ââThe Congress shall have Power To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water.â
This is black letter law, not some aspirational statement by our Founders. Their intent was indisputably clear: Congress alone, not the Executive Branch, has the authority and the obligation to declare war if hostilities are to be initiated against a foreign state that has not attacked the United States.
Let us be clear about one thing: for the US to take action to establish a âno flyâ zone over all or part of Libya would constitute an act of war against Libya. For the US to establish any kind of military presence on the sovereign territory, waters, or over the airspace of Libya is to engage in a hostile action that requires Congressional authorization.
- Ron Paul (Paraphrased)
In the 1990s we established âno flyâ zones and all manner of sanctions against Saddam Husseinâs regime in Iraq in attempt to force him from power. When that did not work â at a high cost in Iraqi lives â the US ultimately went to war to achieve these ends.
As many in the administration, Congress, and elsewhere clamor for the president to initiate military action to support those seeking to overthrow the Libyan regime, Congress sits by, as usual, pretending that Article I, Section 8 of the US Constitution does not exist. According to this long-ignored section, ââThe Congress shall have Power To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water.â
This is black letter law, not some aspirational statement by our Founders. Their intent was indisputably clear: Congress alone, not the Executive Branch, has the authority and the obligation to declare war if hostilities are to be initiated against a foreign state that has not attacked the United States.
Let us be clear about one thing: for the US to take action to establish a âno flyâ zone over all or part of Libya would constitute an act of war against Libya. For the US to establish any kind of military presence on the sovereign territory, waters, or over the airspace of Libya is to engage in a hostile action that requires Congressional authorization.
- Ron Paul (Paraphrased)
Quote from PocketChange:
Whatever we may think about the Gaddafi regime, we must recognize that this is a coup dâetat in a foreign country. What moral right do we have to initiate military action against Libya? Libya has not attacked the United States. Neither the coup leaders nor the regime pose an imminent threat to the United States and therefore, as much as we abhor violence and loss of life, this is simply none of our business.
In the 1990s we established âno flyâ zones and all manner of sanctions against Saddam Husseinâs regime in Iraq in attempt to force him from power. When that did not work â at a high cost in Iraqi lives â the US ultimately went to war to achieve these ends.
As many in the administration, Congress, and elsewhere clamor for the president to initiate military action to support those seeking to overthrow the Libyan regime, Congress sits by, as usual, pretending that Article I, Section 8 of the US Constitution does not exist. According to this long-ignored section, ââThe Congress shall have Power To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water.â
This is black letter law, not some aspirational statement by our Founders. Their intent was indisputably clear: Congress alone, not the Executive Branch, has the authority and the obligation to declare war if hostilities are to be initiated against a foreign state that has not attacked the United States.
Let us be clear about one thing: for the US to take action to establish a âno flyâ zone over all or part of Libya would constitute an act of war against Libya. For the US to establish any kind of military presence on the sovereign territory, waters, or over the airspace of Libya is to engage in a hostile action that requires Congressional authorization.
- Ron Paul (Paraphrased)
Now I know that Ron Paul is an idiot or just a political opportunist. Either way I don't care what he has to say from now on
Quote from PocketChange:
Whatever we may think about the Gaddafi regime, we must recognize that this is a coup dâetat in a foreign country. What moral right do we have to initiate military action against Libya? Libya has not attacked the United States. Neither the coup leaders nor the regime pose an imminent threat to the United States and therefore, as much as we abhor violence and loss of life, this is simply none of our business.
In the 1990s we established âno flyâ zones and all manner of sanctions against Saddam Husseinâs regime in Iraq in attempt to force him from power. When that did not work â at a high cost in Iraqi lives â the US ultimately went to war to achieve these ends.
As many in the administration, Congress, and elsewhere clamor for the president to initiate military action to support those seeking to overthrow the Libyan regime, Congress sits by, as usual, pretending that Article I, Section 8 of the US Constitution does not exist. According to this long-ignored section, ââThe Congress shall have Power To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water.â
This is black letter law, not some aspirational statement by our Founders. Their intent was indisputably clear: Congress alone, not the Executive Branch, has the authority and the obligation to declare war if hostilities are to be initiated against a foreign state that has not attacked the United States.
Let us be clear about one thing: for the US to take action to establish a âno flyâ zone over all or part of Libya would constitute an act of war against Libya. For the US to establish any kind of military presence on the sovereign territory, waters, or over the airspace of Libya is to engage in a hostile action that requires Congressional authorization.
- Ron Paul (Paraphrased)
âYou have proven to the world that you are not civilized, that you are terrorists â animals attacking a safe nation that did nothing against you,â Gadhafi said in a televised speech.
Markets seems ecstatic about it
Let's see how it plays out once Khadafi's terror squads start blowing up targets in large western cities. But then again, who am I kidding, Stocks will go higher based on the expectation of QE3 and more investments to 'rebuild the ruins'.
He has Chemicals too
Meanwhile the revolution in Egypt is turning out great with the Islamic brotherhood the only viable party for the coming elections.
Let's see how it plays out once Khadafi's terror squads start blowing up targets in large western cities. But then again, who am I kidding, Stocks will go higher based on the expectation of QE3 and more investments to 'rebuild the ruins'.
He has Chemicals too
Meanwhile the revolution in Egypt is turning out great with the Islamic brotherhood the only viable party for the coming elections.