Never think that war, no matter how necessary, nor how justified, is not a crime.~ Ernest Hemingway
Libya. It has really hit the fan there. The protesters raided a military depot and are armed to the teeth. Rumors that the protesters now have tanks and cannons, among other things. They've taken complete control of the city of Banghazi, which is the second largest city in the country. Of course, they nearly burned it to the ground first. Khadaffi's son was on Libyan tv professing that all opposition demands will be met, but that if the fighting doesn't stop, the country will be divided into separate countries, the west will invade and colonize again, and everyone will starve.
Yeah, I think Libya is in big, big trouble.
The prediction markets on InTrade seem to agree with those of you who think Libya is on deck. The contract "Qadaffi to no longer be leader of Libya by December 31, 2011" is currently trading at 60%.
I'm starting to come around to that view too. The regime can probably survive if they can convince the military to keep gunning down protesters...but that may not be likely. The younger Qadaffi's speech tonight was a HUGE show of weakness. If you're an authoritarian leader facing a popular uprising, the absolute worst thing you can do is show weakness, because it almost invariably leads to your downfall.
Are you coming to bed?
I can't. This is important.
Someone is WRONG on the internet! -XKCD