Thursday, August 25, 2011


By Eric Margolis

"....Control of the steady inflow of billions from Libya’s oil exports is a prize that will keep Libya’s many factions in confrontation and fuel the continued oil lust of the Western powers.

NATO’s overthrow of former ally Muammar Gadaffi will also set a precedent for future oil adventures in the event of turbulence in the Arabian Peninsula, Algeria, and, clearly, in Iran. Syria is at least fortunate in having little oil.

It’s very hard to see how Gadaffi can survive the collapse of his regime. The International Criminal Court in the Hague has an arrest warrant out for him and son Seif ul-Islam. Many Libyans want his head.

Gadaffi’s only hope is to flee to refuge in a friendly African nation, perhaps Zimbabwe, Angola or Mali.

At the age of 70, he can’t run too far, or too fast."

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