Friday, January 28, 2011

The Islamic Revolution in North Africa and the Middle East: When will news media, blogs and public opinion light up with concern?



Answer:  Only after it affects the price of oil.
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"Investors have their eyes on Egypt as civil unrest in the North African country has progressively escalated into a full blown crisis with international repercussions. Beyond the obvious and inexcusable human cost, the protests against Hosni Mubarak’s 30-year reign have hit the sovereign debt and equity markets, and are working their way through the oil and gold markets." - Forbes




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4 comments:

  1. michael r.5:24 PM

    Wouldn't seem to bode well for the U.S., and it's interests. Once again, we've been propping up a "President" for thirty years, all the while trying to convince the world that we're trying to spread democracy. It will be interesting to see what happens next.

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  2. Father Joe6:56 PM

    Pray for the Copts in Egypt -- it's all to easy for Christians to be massacred in the midst of this type of unrest -- especially with all the social communications shut down. Please pray for the Copts!

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  3. doughboy2:55 PM

    what fr. joe said. as far as gas goes, it'll be upwards of $4.00/gallon before memorial day. how much you wanna bet?

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  4. Larry Denninger11:03 PM

    Memorial Day? How about Ash Wednesday?

    ReplyDelete


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