May 21, 2010
Hedge Fun
From Charles Krauthammer's WaPo column today, discussing the new alliance of Turkey and Brazil -- once our allies -- with Iran (hat tip to Scott "Big Johnson" Trunk at Power Line):
Given Obama's policies and principles, Turkey and Brazil are acting rationally. Why not give cover to Ahmadinejad and his nuclear ambitions? As the U.S. retreats in the face of Iran, China, Russia and Venezuela, why not hedge your bets? There's nothing to fear from Obama, and everything to gain by ingratiating yourself with America's rising adversaries. After all, they actually believe in helping one's friends and punishing one's enemies.
I reckon erstwhile American allies and confident enemies are busily exchanging Obama Default Swaps.
Hatched by Dafydd on this day, May 21, 2010, at the time of 4:39 PM
Trackback Pings
TrackBack URL for this hissing: http://biglizards.net/mt3.36/earendiltrack.cgi/4417
Comments
Post a comment
Thanks for hissing in, . Now you can slither in with a comment, o wise. (sign out)
(If you haven't hissed a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Hang loose; don't shed your skin!)© 2005-2009 by Dafydd ab Hugh - All Rights Reserved