Libya After Gaddafi Could Mean Good News For Obama, U.S. Economy

Granny says if dey askin' fer it - give it to `em...
:cool:
Gadhafi Son Vows Fight Until Death
August 31, 2011 - One of former Libyan leader Moammar Gadhafi's sons told a Syrian television station late Wednesday he is in the suburbs outside Tripoli and that loyalist commanders have told him their men would fight to the death.
Seif al-Islam Gadhafi vowed that he and other family members would never surrender and said his father "is fine." He told the pro-Gadhafi al-Rai satellite station in an audio message that morale among loyalist fighters is high. His defiant comments contrasted with those of his brother, Saadi, who told al-Arabiya television he is ready to discuss forming a coalition government with anti-Gadhafi forces in order to stop the bloodshed. Saadi claimed he was speaking with his father's blessing.

Also Wednesday, The New York Times quoted the deputy chairman of Libya's National Transitional Council as saying his commanders believe Mr. Gadhafi is staying in the desert town of Bani Walid, 240 kilometers southeast of Tripoli. Abdul Hafith Ghoga said NTC forces "are waiting to give him a chance to surrender." Ghoga's claim could not be verified. Provisional authorities have given Mr. Gadhafi and his forces until Saturday to surrender.

Mr. Gadhafi's foreign minister, Abdelati al-Obeidi, was reported detained in a suburb west of Tripoli. The arrest, announced by a senior anti-Gadhafi commander, was witnessed by a Reuters journalist. Meanwhile, European Union diplomats say sanctions against several Libyan ports, oil companies and more than a dozen other entities could be lifted as soon as Friday.

The EU's 27 members reached a preliminary agreement Wednesday in an effort to help Libya's National Transitional Council resume normal economic activity. Diplomats say they expect a final agreement on Thursday. France has asked the sanctions committee of the United Nations Security Council to allow Paris to release more than $2 billion of frozen Libyan assets.

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Libyan rebels proclaim ‘right’ to kill Qaddafi
Thu, Sep 01, 2011 - Libya yesterday marked the first Eid al-Fitr feast in 42 years free of Muammar Qaddafi’s yoke, as rebels declared a “right to kill” the fugitive strongman and gave his forces three days to surrender.
Diplomats, meanwhile, said the EU would lift sanctions against Libya’s ports and other economic entities, including oil firms, as about 60 nations prepared for a Paris aid conference on the war-battered country’s future administration. Tens of thousands gathered at Tripoli’s landmark Martyrs’ Square to mark the start of the Muslim three-day holiday that follows the end of the Ramadan fasting month, kneeling in prayer as they rejoiced at Qaddafi’s fall. Men, women and children poured from dawn into the seafront site — formerly known as Green Square — decked out in their holiday best, as women ululated in triumph and spontaneous cries of joy erupted. “This is the best holiday of my life,” said Adel Masmoudi, who at 41 was born the year Qaddafi seized power.

An imam leading the prayer urged all Libyans to stand united and hailed the ouster of “the tyrant Qaddafi,” prompting jeers from the crowd at the mention of the strongman’s name. With most of Libya overrun by NATO-backed rebel fighters and Qaddafi’s wife, daughter and two sons taking shelter in neighboring Algeria, the whereabouts of the 69-year-old colonel remained a mystery. “The information I have is this: It is 80 percent certain that Qaddafi is still in Libya,” said Omar Hariri, head of the rebels’ military affairs. He said rebels suspected he was hiding either in Bani Walid, southeast of Tripoli, or on the outskirts of the capital. “We think he is in Libya,” Ahmed Darrad, who is charged with overseeing the interior ministry until a new government is elected, said late on Tuesday. “It is our right to kill him,” Darrad said. “He is killing us. He is a criminal and an outlaw. All over the world if the criminal does not surrender, it is the right of law enforcers to kill him,” he added.

Catching Qaddafi is a primary goal for the rebels although negotiations are still under way for the surrender of regime loyalists in Sirte, hometown of the strongman. Mustafa Abdel Jalil, chief of the rebels’ National Transitional Council, said in an interview published yesterday by Egypt’s state-owned Al-Ahram newspaper he wanted Qaddafi arrested alive so he could be brought to justice. “I believe he is in Libya, and I hope he is arrested alive so he can be brought before a fair trial for his crimes against the Libyan people,” he said. Abdel Jalil on Tuesday gave the loyalists until Saturday to surrender or face the “final battle” of a more than six-month uprising against Qaddafi’s autocratic regime.

The rebels’ fledgling new administration received a major boost to its finances with clearance from a UN sanctions committee for Britain to release US$1.6 billion in seized regime assets to pay for emergency relief. In Moscow, reports said that Mikhail Margelov, the envoy of Russian President Dmitry Medvedev for Africa, will attend today’s conference for “Friends of Libya” in Paris. The conference is expected to discuss funding for Libya, as well as police training and diplomatic recognition for its new rulers. The Paris meeting will also see talks between UN Secretary-General Ban Ki-moon, his post-conflict planner Ian Martin and rebel chief Abdel Jalil.

Libyan rebels proclaim ?right? to kill Qaddafi - Taipei Times
 
Since the mission was a French led one, this might look better for Macron.
 
It's probably good news for relieving diplomatic pressures in the Mideast, but less important to the longer term economic problems that we have.

For EUROPE -- it will open up trade and investments in Libya and THEY will see a diff if the new govt is truely stable and open. Similiar deal for Egypt except that they were seen as much more stable BEFORE their revolution..

Anyway we can get in on this action in Libya? theres alot of juicy oil contracts out there.

7 oil companies LEFT Libya when the embassies closed and Libyan refugees were pouring into Italy.
 
Since the mission was a French led one, this might look better for Macron.
10 years later still an epic disaster. Libya is a lawless territory.

Its not like there was a choice. ..unless you wanted to put a half million occupation troops in Libya.

There was a faint outside hope that the tribes would support a return to the Idris constitution..
 
Libya After Gaddafi Could Mean Good News For Obama, U.S. Economy

r-OBAMA-LIBYA-GADDAFI-large570.jpg


WASHINGTON (AP) -- The dramatic advance of Libyan rebels over the forces of longtime strongman Muammar Gaddafi offers vindication, at least for now, for President Barack Obama's decision to refrain from using U.S. troops on Libyan soil and to let NATO take the lead in degrading Gaddafi's military power. But there are still hazards for the White House.

How the country moves from turmoil to stability presents a new challenge for Obama and could determine how the public views not only his foreign policy, but in some measure the economy as well.

Yet, the news for Obama on Monday could not have been better. The Libyan street was euphoric, Gaddafi was in hiding and the price of oil - a contributor to dangerous economic lethargy - was dropping.

"The Libyan intervention demonstrates what the international community can achieve when we stand together as one," Obama said at his vacation retreat in Martha's Vineyard, Mass.

Obama was careful to emphasize that uncertainty remained and that Gaddafi's regime could still pose a threat. What's more, it will take several months even under a stabilized Libya before its oil fields are producing enough crude to start exporting again. But any extra shipments could lower the price of gasoline, which has already come down more than 40 cents a gallon from its peak in May.

Back in March, Obama gambled that the way to confront a potential civilian catastrophe in Libya was to build a coalition of NATO and Arab countries to use airpower ostensibly to protect Libyan citizens from a Gaddafi crackdown. But his intent was clear all along: Gaddafi had to go.

The Libyan leader was deemed a sponsor of terrorism, and his regime in 1986 was found responsible for bombing a Berlin discotheque frequented by U.S. troops. Three people died in the explosion. Two years later, a Libyan agent planted a bomb that blew up Pan Am Flight 103 over Lockerbie, Scotland.

The uprising in Libya follows the death of Osama bin Laden at the hands of U.S. special operations troops, a major achievement for the Obama administration and one that solidified the president's standing with the public on his handling of terrorism.

But Gaddafi's removal has additional implications. A stabilized Libya would mean the country's oil production could go back online, potentially reducing the cost of oil, which spiked globally in February as the flow of oil from Libya dried to a trickle.

Time and again, the president has cited the uprisings in the Arab world and the increased cost of oil as "headwinds" that have imperiled the economic recovery.

Libya has the largest oil reserves in Africa. Before the uprising, it was the world's 12th largest exporter, delivering more than 1.5 million barrels per day mostly to European markets.

The news of the rebels' success was affecting Brent crude, which is used to price many international oil varieties, dropping 92 cents to $107.70 per barrel in London.

"If oil prices continue to head south, that's a real plus for the economy," said Mark Zandi, chief economist at Moody's Analytics. "We can take all the plusses we can get at this point."

So could Obama. While the president's overall approval with the public is above 40 percent in most polls, the number that approve of his handling of the economy dropped to a new low of 26 percent in a Gallup poll last week. By contrast, 53 percent approved of his handling of terrorism.

Still, the joy expressed in the streets of Tripoli Monday overshadowed two lingering questions: What's next, and could a more aggressive U.S. involvement have knocked Gaddafi from power much sooner?

In a statement issued late Sunday, Republican Sens. John McCain of Arizona and Lindsey Graham of South Carolina said they regretted that "this success was so long in coming due to the failure of the United States to employ the full weight of our airpower."

"Ultimately, our intervention in Libya will be judged a success or failure based not on the collapse of the Gaddafi regime, but on the political order that emerges in its place," the two senators said.

Texas Gov. Rick Perry, a candidate for the Republican presidential nomination, expressed a similar view.

"The lasting impact of events in Libya will depend on ensuring rebel factions form a unified, civil government that guarantees personal freedoms, and builds a new relationship with the West where we are allies instead of adversaries," he said.

Libya After Gaddafi Could Mean Good News For Obama, U.S. Economy
What a POS propaganda this was to cover Shrillery and Obama Bin Lying's treachery when they were using Benghazi to run guns to Al Queda and ISIS in the hopes they could take Assad out.
 
Libya After Gaddafi Could Mean Good News For Obama, U.S. Economy

r-OBAMA-LIBYA-GADDAFI-large570.jpg


WASHINGTON (AP) -- The dramatic advance of Libyan rebels over the forces of longtime strongman Muammar Gaddafi offers vindication, at least for now, for President Barack Obama's decision to refrain from using U.S. troops on Libyan soil and to let NATO take the lead in degrading Gaddafi's military power. But there are still hazards for the White House.

How the country moves from turmoil to stability presents a new challenge for Obama and could determine how the public views not only his foreign policy, but in some measure the economy as well.

Yet, the news for Obama on Monday could not have been better. The Libyan street was euphoric, Gaddafi was in hiding and the price of oil - a contributor to dangerous economic lethargy - was dropping.

"The Libyan intervention demonstrates what the international community can achieve when we stand together as one," Obama said at his vacation retreat in Martha's Vineyard, Mass.

Obama was careful to emphasize that uncertainty remained and that Gaddafi's regime could still pose a threat. What's more, it will take several months even under a stabilized Libya before its oil fields are producing enough crude to start exporting again. But any extra shipments could lower the price of gasoline, which has already come down more than 40 cents a gallon from its peak in May.

Back in March, Obama gambled that the way to confront a potential civilian catastrophe in Libya was to build a coalition of NATO and Arab countries to use airpower ostensibly to protect Libyan citizens from a Gaddafi crackdown. But his intent was clear all along: Gaddafi had to go.

The Libyan leader was deemed a sponsor of terrorism, and his regime in 1986 was found responsible for bombing a Berlin discotheque frequented by U.S. troops. Three people died in the explosion. Two years later, a Libyan agent planted a bomb that blew up Pan Am Flight 103 over Lockerbie, Scotland.

The uprising in Libya follows the death of Osama bin Laden at the hands of U.S. special operations troops, a major achievement for the Obama administration and one that solidified the president's standing with the public on his handling of terrorism.

But Gaddafi's removal has additional implications. A stabilized Libya would mean the country's oil production could go back online, potentially reducing the cost of oil, which spiked globally in February as the flow of oil from Libya dried to a trickle.

Time and again, the president has cited the uprisings in the Arab world and the increased cost of oil as "headwinds" that have imperiled the economic recovery.

Libya has the largest oil reserves in Africa. Before the uprising, it was the world's 12th largest exporter, delivering more than 1.5 million barrels per day mostly to European markets.

The news of the rebels' success was affecting Brent crude, which is used to price many international oil varieties, dropping 92 cents to $107.70 per barrel in London.

"If oil prices continue to head south, that's a real plus for the economy," said Mark Zandi, chief economist at Moody's Analytics. "We can take all the plusses we can get at this point."

So could Obama. While the president's overall approval with the public is above 40 percent in most polls, the number that approve of his handling of the economy dropped to a new low of 26 percent in a Gallup poll last week. By contrast, 53 percent approved of his handling of terrorism.

Still, the joy expressed in the streets of Tripoli Monday overshadowed two lingering questions: What's next, and could a more aggressive U.S. involvement have knocked Gaddafi from power much sooner?

In a statement issued late Sunday, Republican Sens. John McCain of Arizona and Lindsey Graham of South Carolina said they regretted that "this success was so long in coming due to the failure of the United States to employ the full weight of our airpower."

"Ultimately, our intervention in Libya will be judged a success or failure based not on the collapse of the Gaddafi regime, but on the political order that emerges in its place," the two senators said.

Texas Gov. Rick Perry, a candidate for the Republican presidential nomination, expressed a similar view.

"The lasting impact of events in Libya will depend on ensuring rebel factions form a unified, civil government that guarantees personal freedoms, and builds a new relationship with the West where we are allies instead of adversaries," he said.

Libya After Gaddafi Could Mean Good News For Obama, U.S. Economy
What a POS propaganda this was to cover Shrillery and Obama Bin Lying's treachery when they were using Benghazi to run guns to Al Queda and ISIS in the hopes they could take Assad out.

Nope. The Annex in Benghazi was staffed with translators, communcation people and computer experts.... Ivy League NOT muscle. The objective was to try and identify tribes that might support a return to the Idris Constiitution.

Ambassador Stevens loved Benghazi and the people there loved him.
 
Libya After Gaddafi Could Mean Good News For Obama, U.S. Economy

r-OBAMA-LIBYA-GADDAFI-large570.jpg


WASHINGTON (AP) -- The dramatic advance of Libyan rebels over the forces of longtime strongman Muammar Gaddafi offers vindication, at least for now, for President Barack Obama's decision to refrain from using U.S. troops on Libyan soil and to let NATO take the lead in degrading Gaddafi's military power. But there are still hazards for the White House.

How the country moves from turmoil to stability presents a new challenge for Obama and could determine how the public views not only his foreign policy, but in some measure the economy as well.

Yet, the news for Obama on Monday could not have been better. The Libyan street was euphoric, Gaddafi was in hiding and the price of oil - a contributor to dangerous economic lethargy - was dropping.

"The Libyan intervention demonstrates what the international community can achieve when we stand together as one," Obama said at his vacation retreat in Martha's Vineyard, Mass.

Obama was careful to emphasize that uncertainty remained and that Gaddafi's regime could still pose a threat. What's more, it will take several months even under a stabilized Libya before its oil fields are producing enough crude to start exporting again. But any extra shipments could lower the price of gasoline, which has already come down more than 40 cents a gallon from its peak in May.

Back in March, Obama gambled that the way to confront a potential civilian catastrophe in Libya was to build a coalition of NATO and Arab countries to use airpower ostensibly to protect Libyan citizens from a Gaddafi crackdown. But his intent was clear all along: Gaddafi had to go.

The Libyan leader was deemed a sponsor of terrorism, and his regime in 1986 was found responsible for bombing a Berlin discotheque frequented by U.S. troops. Three people died in the explosion. Two years later, a Libyan agent planted a bomb that blew up Pan Am Flight 103 over Lockerbie, Scotland.

The uprising in Libya follows the death of Osama bin Laden at the hands of U.S. special operations troops, a major achievement for the Obama administration and one that solidified the president's standing with the public on his handling of terrorism.

But Gaddafi's removal has additional implications. A stabilized Libya would mean the country's oil production could go back online, potentially reducing the cost of oil, which spiked globally in February as the flow of oil from Libya dried to a trickle.

Time and again, the president has cited the uprisings in the Arab world and the increased cost of oil as "headwinds" that have imperiled the economic recovery.

Libya has the largest oil reserves in Africa. Before the uprising, it was the world's 12th largest exporter, delivering more than 1.5 million barrels per day mostly to European markets.

The news of the rebels' success was affecting Brent crude, which is used to price many international oil varieties, dropping 92 cents to $107.70 per barrel in London.

"If oil prices continue to head south, that's a real plus for the economy," said Mark Zandi, chief economist at Moody's Analytics. "We can take all the plusses we can get at this point."

So could Obama. While the president's overall approval with the public is above 40 percent in most polls, the number that approve of his handling of the economy dropped to a new low of 26 percent in a Gallup poll last week. By contrast, 53 percent approved of his handling of terrorism.

Still, the joy expressed in the streets of Tripoli Monday overshadowed two lingering questions: What's next, and could a more aggressive U.S. involvement have knocked Gaddafi from power much sooner?

In a statement issued late Sunday, Republican Sens. John McCain of Arizona and Lindsey Graham of South Carolina said they regretted that "this success was so long in coming due to the failure of the United States to employ the full weight of our airpower."

"Ultimately, our intervention in Libya will be judged a success or failure based not on the collapse of the Gaddafi regime, but on the political order that emerges in its place," the two senators said.

Texas Gov. Rick Perry, a candidate for the Republican presidential nomination, expressed a similar view.

"The lasting impact of events in Libya will depend on ensuring rebel factions form a unified, civil government that guarantees personal freedoms, and builds a new relationship with the West where we are allies instead of adversaries," he said.

Libya After Gaddafi Could Mean Good News For Obama, U.S. Economy
What a POS propaganda this was to cover Shrillery and Obama Bin Lying's treachery when they were using Benghazi to run guns to Al Queda and ISIS in the hopes they could take Assad out.

Nope. The Annex in Benghazi was staffed with translators, communcation people and computer experts.... Ivy League NOT muscle. The objective was to try and identify tribes that might support a return to the Idris Constiitution.

Ambassador Stevens loved Benghazi and the people there loved him.
Sure whatever you say Obama Bin Lying. I know different. Once Al Queda in Libya found out that they were getting the weapons and cash to be paid from the Benghazi outpost, they attacked it and confiscated the weapons and cash for themselves rather than having to wait for The CIA's next weapons and cash drop.

Had Hillary Clinton and Obama not wanted to cover up for their violations of International Law, and their being War Criminals, Ambassador Stevens is alive today.

Why do you think she had to delete 33,000 emails, and destroy 17 Electronic devices to cover her tracks, and have James Comey clean up the remaining mess?

Why do you think she hired Pakistani Hackers with criminal records destroy 39 hard drives before they fled the country?

Why do you think Seth Rich had to die?

Kaddafi died because he refused to let Obama and Clinton use Libya to fight a Proxy War with Syria.
 
Libya is now the HQ of the slave trade....thanks to obama and xiden
 

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