The situation in Libya is threatening a major world oil price shock and a sharp downturn in the US economy. On Thursday, Obama underscored this concern when he addressed corporate executives assembled for the “President’s Council on Jobs and Competitiveness.”
Speaking of oil prices, he declared, “We actually think that we’ll be able to ride out the Libya situation and it will stabilise.” Treasury Secretary Timothy Geithner sought to allay concerns by stressing the excess oil producing capacity of other OPEC member states.
A US military operation in Libya would have nothing to do with defending the population against Gaddafi’s violence or establishing “democracy” in the country. When the regime first unleashed a wave of carnage against opposition forces, Obama’s initial response was to say nothing, apparently waiting to see if Gaddafi’s forces would quickly regain control.
The dictator has enjoyed the warmest of relations with the US and European powers in recent years, having junked barriers previously erected against the operations of foreign oil companies in Libya and declared his full support for the so-called war on terror.
Western governments regarded with alarm the spread into Libya of the North African uprising of workers and youth. Obama was not alone in his prevarication as reports of Gaddafi government massacres first emerged. TheGuardian today reported that the British government’s delay in preparing to evacuate its citizens from the country was primarily due to commercial considerations.
Unnamed officials told the newspaper that the Conservative-Liberal Democrat government of Prime Minister David Cameron had “hesitated because it was concerned about the Libyan response to a hurried decision to evacuate UK citizens from a country with which it was still keen to do lucrative business and in whose future it had invested heavily.”
Only now that Gaddafi has lost control of the majority of Libyan territory and proven unable to crush the opposition have the US and European governments moved against him. They fear the consequences for their economic and strategic interests of a power vacuum or protracted civil war in Libya.
It remains to be seen whether a military intervention eventuates, but there is ongoing discussion of an initial imposition of a “no-fly” zone. James Phillips, a Middle East expert at the Heritage Foundation, admitted to USA Todaythat this “would amount to military action,” adding it “should be used a last resort.”
The systematic US bombardment of Iraqi targets in the 1990s demonstrated the aggressive character of “no fly” zones. The establishment of one over Libya would almost certainly result in deadly air strikes.
The US and international media have thrown their weight behind the US and European governments’ humanitarian posturing, reviving the pretexts that were used as a cover for US-led interventions in the Balkans in the 1990s. On Thursday, the Financial Times recalled US President Ronald Reagan’s denunciation of Gaddafi in an editorial entitled “Time to Muzzle Libya’s Mad Dog.” The London-based publication demanded an immediate no-fly zone and the opening up of “humanitarian corridors” from Tunisia and Egypt.
The same theme was sounded by the New York Times in its editorial “Stopping Gaddafi.” Halting just short of openly demanding military intervention, the newspaper declared: “After Bosnia, Kosovo and Rwanda, the United States and its allies vowed that they would work harder to stop mass atrocities. One thing is not in doubt: The longer the world temporizes, the more people die.”
These statements are utterly cynical and hypocritical. Less than a decade after the New YorkTimes played a central role in promoting the bogus “weapons of mass destruction” pretext for the US invasion of Iraq, it is propagandizing in support of another colonial intervention in yet another oil-rich country, Libya.
Speaking of oil prices, he declared, “We actually think that we’ll be able to ride out the Libya situation and it will stabilise.” Treasury Secretary Timothy Geithner sought to allay concerns by stressing the excess oil producing capacity of other OPEC member states.
A US military operation in Libya would have nothing to do with defending the population against Gaddafi’s violence or establishing “democracy” in the country. When the regime first unleashed a wave of carnage against opposition forces, Obama’s initial response was to say nothing, apparently waiting to see if Gaddafi’s forces would quickly regain control.
The dictator has enjoyed the warmest of relations with the US and European powers in recent years, having junked barriers previously erected against the operations of foreign oil companies in Libya and declared his full support for the so-called war on terror.
Western governments regarded with alarm the spread into Libya of the North African uprising of workers and youth. Obama was not alone in his prevarication as reports of Gaddafi government massacres first emerged. TheGuardian today reported that the British government’s delay in preparing to evacuate its citizens from the country was primarily due to commercial considerations.
Unnamed officials told the newspaper that the Conservative-Liberal Democrat government of Prime Minister David Cameron had “hesitated because it was concerned about the Libyan response to a hurried decision to evacuate UK citizens from a country with which it was still keen to do lucrative business and in whose future it had invested heavily.”
Only now that Gaddafi has lost control of the majority of Libyan territory and proven unable to crush the opposition have the US and European governments moved against him. They fear the consequences for their economic and strategic interests of a power vacuum or protracted civil war in Libya.
It remains to be seen whether a military intervention eventuates, but there is ongoing discussion of an initial imposition of a “no-fly” zone. James Phillips, a Middle East expert at the Heritage Foundation, admitted to USA Todaythat this “would amount to military action,” adding it “should be used a last resort.”
The systematic US bombardment of Iraqi targets in the 1990s demonstrated the aggressive character of “no fly” zones. The establishment of one over Libya would almost certainly result in deadly air strikes.
The US and international media have thrown their weight behind the US and European governments’ humanitarian posturing, reviving the pretexts that were used as a cover for US-led interventions in the Balkans in the 1990s. On Thursday, the Financial Times recalled US President Ronald Reagan’s denunciation of Gaddafi in an editorial entitled “Time to Muzzle Libya’s Mad Dog.” The London-based publication demanded an immediate no-fly zone and the opening up of “humanitarian corridors” from Tunisia and Egypt.
The same theme was sounded by the New York Times in its editorial “Stopping Gaddafi.” Halting just short of openly demanding military intervention, the newspaper declared: “After Bosnia, Kosovo and Rwanda, the United States and its allies vowed that they would work harder to stop mass atrocities. One thing is not in doubt: The longer the world temporizes, the more people die.”
These statements are utterly cynical and hypocritical. Less than a decade after the New YorkTimes played a central role in promoting the bogus “weapons of mass destruction” pretext for the US invasion of Iraq, it is propagandizing in support of another colonial intervention in yet another oil-rich country, Libya.