Blame it on the Bulbs
Locked and Loaded: On Saturday
drones and possibly missiles were launched at two major oil installations in
Saudi Arabia taking out 5.7 million gallons or 50% of the country’s daily production
capability, an amount equal to +/- 6% of global oil output. Although the Saudis expect to get 2 million
gallons of their production capability back on line quickly and Trump has
already said that he is prepared to tap US reserves to help fill the gap, this
morning oil futures are up around 9% reflecting concerns over supply and regional
stability. The big question now is determining
who was responsible for the attack and how, if at all, Trump and/or Saudi
Arabia should retaliate. Although Saudi
Arabia’s foes, the Yemeni Houthi rebels, took responsibility for the attack, Trump
and Secretary of State Pompeo were quick to point the finger at Iran, a
supporter of the Houthi’s and frequently their partner in crime. The Saudis, with the help of US arms and air
support, and the Houthi’s, with the aid of the Iranians, have been fighting a particularly
lethal war proxy war, one that has involved the deaths of many Houthi civilians,
so it’s quite possible, that Iran helped with the attacks and at the very least
they probably provided the firepower. Additionally
despite the Houthi’s assertion that it was their drones that took out the Saudi
oil fields, questions have been raised about their ability to have launched
such an effective attack without the aid of the Iranians. For their part the Iranians have denied any
involvement which means little because they always deny involvement. The timing of this assault is awkward at best
for Trump, he fired national security advisor John Bolton in part because the
two disagreed on Iran strategy. Bolton
wanted to continue with the maximum sanction policy that Trump had put into
place following his decision to pull the US from the JCPOA Iran nuclear
agreement; Trump wants, or at least until Saturday morning’s attack, wanted to meet
with Iranian President Rouhani to discuss the possibility of a “new” nuclear
agreement and had even expressed an interest in participating in the $15
billion line of credit that French President Macron had offered up as an incentive
to get Iran back to the negotiating table. In fact, last
week before the attacks, both Secretary of State Pompeo and Treasury Secretary
Mnuchin represented that Trump was interested in meeting with Rouhani, with no preconditions,
during the upcoming New York UN meetings, something that Trump had also said
and tweeted. Now Trump says that
assertions he was interested in meeting with Rouhani are “incorrect statements” put out by the “fake news.” Further
he’s now beating war drums, tweeting that “there is reason to believe that we know the culprit,” his way
of saying that he is sure that it is Iran; that we are “locked and loaded
depending on verification,” verification from the Saudis not US intelligence
experts; and that he will then determine “under what terms we would proceed!”
as in he may be on the verge of moving forward with a retaliatory attack, without
the support of Congress. We’ve been lied
into war by other presidents but never by someone this obviously deceptive and irrational.
It’s fair to believe that if Trump acts
on his impulses, this won’t end well.
The Iran/Saudi Arabia/Houthi mess isn’t the only Middle East situation
raising eyebrows right now. Israel’s
redo election is scheduled to take place tomorrow. In an effort to solidify the ultra-right flank
of his already very rightwing coalition, Prime Minister Netanyahu now says that
he plans to annex the Jordan Valley and all of the West Bank Settlements. He’s made similar assertions in the run up to
previous elections so it’s not clear what he would actually do but this time he
has a US president on his side so this could be more than just an empty
campaign pledge. For his part Trump is
publicly teasing entering into a mutual defense treaty with Israel, an obvious
ploy to help his good friend Bibi win the election because interfering in other
countries elections is kosher. Right? Oy.
Beer,
Beer, Beer: Supreme
Court Justice Kavanaugh is back in the headlines and not in a good way. The New York Times reports something that we
all kind of suspected, that the investigation into his beer “induced” sexual
predatory behavior was just a smoke and mirrors charade. Two New York Times reporters who have spent
the past year writing a book about the whole Kavanaugh affair assert that the
FBI follow-up investigation into Kavanaugh’s misdeeds was superficial at best
and that no one from the FBI actually contacted or interviewed any of the at
least seven people who could have corroborated the accusations of his second
accuser, fellow Yale student Deborah Ramirez.
Ramirez is the accuser who claimed that Kavanaugh pushed his private
parts onto her during one of those beer infused Yale parties. The Times reporters provide additional
information about still another party where Kavanaugh engaged in another
similar display of his manhood with still another Yale student; that incident
was recounted by Max Stier, also a Yale grad, who is now the respected head of a Washington DC based non-profit. At the time of the hearings, Stier reported
what he witnessed to several Senators and the FBI but no one seemed all that
interested in pursuing the matter because, why would they? Responses to the article have been as
expected. Moscow/Mitch McConnell tweeted that these are just more “uncorroborated
and unsubstantiated“ accusations from those crazy frustrated liberal Democrats
looking to revisit a “dark and embarrassing” time for the Senate. Trump tweeted that “Brett Kavanaugh should start suing people for liable, or the
Justice Department should come to his rescue.” He later changed that to “libel”
but whatever, we all get the point. A
few Democratic presidential candidates including Kamala Harris, Julian Castro,
Elizabeth Warren, Beto O’Rourke and Pete Buttigieg are calling for Kavanaugh’s
impeachment and a few others including Amy Klobuchar and Joe Biden are calling
for further investigation. No comments
from Senator Susan Collins but somewhere she could be or should be clutching her
pearls and wringing her hands. No
comment also from Kavanaugh. As to Beto O’Rourke, comments on his call for
the mandatory buyback of AR 15s and AK 47s have been all over the place
too. One Texas legislator told him to try
to “come get my AR 15,” prompting Beto to report the taunt as a threat and some
Democrats have raised concerns that he’s just given Republicans a good “Democrats
are coming for your guns” talking point for the 2020 election but Beto has
doubled down saying the time has come to act, something Trump is still
asserting he will do at some point this week, or not. On the
election front, Joe Biden’s gaffes and his jumbled response to a question about
racial inequality, particularly his suggestion that parents play record players
to their kids have also generated criticism both because of claims that he was
being patronizing and because of his old school choice of a record player. Apparently his critics don’t know that turntables,
like older politicians are very in these days, maybe. Biden’s gaffes aside, Julian
Castro has learned the hard way that going after the former VP comes with costs,
he lost an endorsement from one Texas Democrat, Congressman Vincente Gonzalez,
who switched over to Biden’s team.
Footnotes: House Intelligence Chairman Adam Schiff is
raising alarms over a whistleblower report that may implicate someone in the
White House, perhaps Trump, in some kind of questionable activity. Apparently credible whistleblower reports are
supposed to be shared with the relevant committee but the Justice Department is
sitting on this one even though the Intelligence Community Inspector General
says that it is credible, claiming some kind of executive privilege, an
implication that it does involve either Trump, his office or both. Expect to
learn more about this soon especially if the whistleblower decides to go
public. In other news, Ivanka Trump told
a group of Republican donors that she inherited her moral compass from her
father and at a different event her “moral compass” told donors that energy saving light bulbs are the reason that
he always looks orange, not that fake tan stuff, the light bulbs, the ones that
he wants replaced with the older, less efficient ones. So the leader who may be
about to launch an attack against Iran based on information provided by Saudi
Arabia, the country where journalists get tortured and chopped into very little
pieces for speaking truth believes that light bulbs are his enemy.
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