Wednesday, June 18, 2014

World News - Iraq

There is news today that militants have captured a major refinery in Iraq. If this is accurate, then the militants continue to make gains in Iraq and the government in Baghdad is incapable of protecting key infrastructure. This means that some of the oil fields are eventually going to fall into militant hands and the price of oil will rise. Fortunately for the U.S. new oil field developments have increased domestic production keeping the price of oil from going up even higher than it has already. There are also reports that some of the militants were trained by U.S. military forces as a way to combat government forces in Syria. So it could be that the current mess in Iraq ia all the doing of U.S. foreign policy. The mess is just the unintended consequences of all the meddling and wars partaken by the U.S. over the last 10-15 years. In an attempt to control the world, the U.S. has created a bigger mess than if it just had done nothing. Will the U.S. learn from what is happening? Of course not! In fact, the U.S. keeps meddling even more. The eventual result will be catastrophic. The U.S. is headed for a day of reckoning. You can't keep meddling in this manner and not have any consequences. There is an economic storm coming to the U.S. that will devastate many. It is not a question of if, it is just a question of when.

What do you think?