The Obama administration plans to bolster the American military presence in the Persian Gulf after it withdraws the remaining troops from Iraq this year, according to officials and diplomats. That repositioning could include new combat forces in Kuwait able to respond to a collapse of security in Iraq or a military confrontation with Iran. – [...]
Remember, Libya was supposed to be another grand humanitarian adventure, with Uncle Sam riding in to save the poor Third World peoples. In Iraq some 200,000 civilians probably have died after George W. Bush's foolish neocon crusade. In Kosovo our new allies quickly kicked out a quarter of a million people they didn't like. There [...]
But arguably, the more visible impact is the growth of a cottage industry of lawyers, compliance experts and other consultants, which does not score the kind of political points for Obama that new jobs for unemployed autoworkers would. – CNBC Dodd-Frank and Jobs – CNBC Is "Trillion" Replacing "Billion"? – BBC Panetta and South Korea [...]
