Tag Archives: arab

Business/Economics, International, U.S.

Passing the Buck: Obama blames Arab Uprisings and Europe for bad economy in the U.S.

“The changes that have taken place in the Middle East sent oil prices up, and that gave a shock to the world economy.”-Barack Obama, President of the United States

First off, President Obama, oil prices are no where what they were a couple of years ago. What’s been driving up the price of gas (which is just as high as when oil was more than $100.00 per barrel) is not the current price of oil, but refineries that’re purposely keeping production of gas below the demand for gas (which makes the price go up).

Secondly, it was your attack on Libya, President Obama, that caused oil prices to go up!

President Obama also blamed the Europeans: “Some of the challenges that we’ve had over the last several months actually have to do with the fact that in Europe we haven’t seen them deal with their banking system and their financial system as effectively as they needed to.”

First off, if the U.S. banking system wasn’t so involved with the European banking system the U.S. wouldn’t be as affected by their problems.

Secondly, many of the actions taken by European banks, that got them into trouble, were the same mistakes that got U.S. banks into trouble.  By the way, those banking troubles started here in the United States, and have yet to be resolved!

Stop passing the buck President Obama!

International

Iran may act to stop Sunni Arab invasion of Shia Bahrain

“The Saudi’s should know for a fact that Tehran will use all the power and potentials at its disposal to halt the oppression of the people of Bahrain.”said Iranian lawmaker Hossein Naqavi.

Majority Sunni Arab countries invaded majority Shia Arab Bahrain, in order to protect the Sunni rulers there from the Shia revolution.  Iran and Bahrain are majority Shia Muslim countries.

Iran has asked the UN to take action.  The United Nations, pushed by France, U.K. & U.S.,  has authorized military force against Libya, supposedly to protect the revolutionaries there.

A Bahraini women, who is Sunni, is supporting the Shia rebels; “The government is making this a sectarian issue. I see the way my [Shia] friends are treated and I came here to show solidarity.”

The headquarters of the U.S. 5th Fleet is in Bahrain.