Too much bellicosity...

Guns of August in the Middle East?

Crazy talk about the Middle East seems to be escalating, backed up by some pretty ominous military deployments. First, the department of scary statements:

First up, Shabtai Shavit, former chief of the Israeli spy agency Mossad, speaking June 21 at Bar Ilan University, Tel Aviv on why Israel should launch a pre-emptive strike at Iran: “I am of the opinion that, since there is an ongoing war, since the threat is permanent, since the intention of the enemy in this case is to annihilate you, the right doctrine is one of presumption and not retaliation.”

Second up, Uzi Arad, Israeli prime Minister Benjamin Netanyahu’s national security advisor, speaking before the Jewish Agency in Jerusalem June 22 on his belief that the “international community” would support an Israeli strike at Iran” “I don’t see anyone who questions the legality of this or the legitimacy.”

Third up, Italian Prime Minister Silvio Berlusconi speaking to reporters at the G-8 meeting in Toronto June 26: “Iran is not guaranteeing a peaceful production of nuclear power [so] the members of the G-8 are worried and believe absolutely that Israel will probably react preemptively.”

Fourth up, Central Intelligence Director Leon Panetta predicting on ABC’s “This Week” program June 27 that Iran could have two nuclear weapons by 2012: “We think they [Iran] have enough low-enriched uranium for two weapons…and while there is continuing debate [within Iran] right now about whether or not they ought to proceed with a bomb…they clearly are developing their nuclear capacity.” He went on to say that the U.S. is sharing intelligence with Israelis and that Tel Aviv is “willing to give us the room to be able to try to change Iran diplomatically and culturally and politically.”

But, unfortunately, Occam's Razor says the simplest explanation has better odds than most, so as I go through the headlines, stories likeDebka.com reporting that the "Secret Israeli emissary fails to cool Turkey's animosity" and the J-Post headline "Iran: Sanctions won't stop us" remind me that we're on something of a clock.

While the Dakota Voice headlines today "Another report of Israeli preparations for Iran Strike", recent US ship sailings including the largest ever joint sub deployment from the west coast a few weeks back, all point to this summer being 'break point'; jets and equipment can't be moved up for an attack and then left indefinitely. There's a logistic and maintenance clock now running.

Sorry to begin with such a detailed discussion about something not specifically economics or Second Depression related (although it is, in 72-point bold), but trying to scalp a few bucks out of day trading seems sheer folly and a distraction against the bigger picture - the rock ledge the lemmings are about to run off this fall.

WAY: technology and programming behind "predictive linguistics".

TimeTalk

ALTA Process