There is another warning about beware that you get that which you wish for. Well US now has a dead Usama Bin Laden (UBL hereinafter) and what does that portend for the future. No one really knows but it may open opportunities for US foreign policy and relations that have not existed since 9/10/01! Time will tell. What we (USA) now does know is that the rise of AQ and its continued support and maintenance largely exists from two Islamic nation-states–Saudi Arabia and Pakistan. Not Afghanistan, Iraq, or the rest of MENA [Middle East North Africa] although clearly it has supporters outside Saudi Arabia and Pakistan. So will the Administration now address the two sources of radical Jihadism or give them a pass? I don’t know but that is the debate that should be going on in USA power elites including Presidential aspirants. Notice by my focus I seem to be giving Iran a pass! The issues there and in Turkey are very very different and will also be dynamic in the next period of time before the 2012 election. Note that both those countries are heavily exposed to massive earthquakes not just of the political variety.
There is increasing evidence that Japan is blowing its response and recovery efforts as we wind up week seven (7) since that shattering event. And Haiti now expecting massive new outbreaks of Cholera as we enter the rainy season.
We know for a fact that the cafe society known largely as the EU is under huge stress and has an unknown future for its currency that never was designed for a situation where de facto US dollar devaluation occurs daily. Wall Street is now the center of flight capital in the world fleeing as fast as it can from the US dollar and US investments with an utterly clueless FED Chairman and Treasury Secretary both announcing they want a strong dollar that destroys their creds given their actual policies. And the STATES and their local governments are now massively in distress with the lucky ones experiencing historic levels of tornadic and flooding activity thus becoming eligble for federal dollars.
Note that for the first time even in a public affairs release FEMA has defended the turndown for wildfires and drought in TEXAS on the basis of all the declarations and grants given that state in the last several years. Perhaps repetitive disasters will now be the basis for turndowns but that is not something that is contained in the Robert T. Stafford Act just as repetitive losses are not included as a basis for claim denial in the NFIP also administered by FEMA. And did you realize that many NFIP insured structures will now be paid claims in the areas innundated by the USACOE blown levee?
Would it be ironic if the world went off the dollar as he primary reserve currency because its owner went the way of the third world and devalued or even worse repudiated its debts outright? Good that the USA has the MONROE doctrine or all those foreign gunboats might just try and collect USA assets by force?
But hey the USA just finished spending 2 trillion dollars to get a single opponent so why to worry?