May 21, 2010

Hedge Fun

Hatched by Dafydd

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:


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!)

Remember me unto the end of days?

© 2005-2009 by Dafydd ab Hugh - All Rights Reserved