Reuters reports an interesting nugget in the wake of President Barack Obama's decision to grant Vladimir Putin his wish and kill the Eastern European missile shield:
Shortly after the pullback on the shield programme was announced, Russia's government said Prime Minister Vladimir Putin would meet several U.S. executives on Friday from firms including General Electric, Morgan Stanley as well as TPG, one of the world's largest private equity firms
General Electric may be the company with the closest ties to the Obama administration (if not, GE is second only to Goldman Sachs), and here we see the company benefiting from an abrupt foreign policy change made by President Obama. But GE isn't the only company benefiting.
President Obama dismayed America's allies in Europe and angered his political opponents at home today when he formally ditched plans to set up a missile defence shield in Poland and the Czech Republic.
The project had been close to the heart of Mr Obama's predecessor, President Bush, who had argued before leaving office in January that it was needed to defend against long-range ballistic missile attacks from rogue states such as Iran and North Korea.
But it had hobbled relations with Russia, which considered it both a security threat and an unnecessary political provocation in its own backyard.
At a White House appearance today, Mr Obama confirmed that the defence shield envisaged by the Bush Administration, involving a radar base in the Czech Republic and interceptor rockets sited in Poland, was being abandoned.
Experts at the world's top atomic watchdog are in agreement that Tehran has the ability to make a nuclear bomb and is on the way to developing a missile system able to carry an atomic warhead, according to a secret report seen by The Associated Press.
The document drafted by senior officials at the International Atomic Energy Agency is the clearest indication yet that the agency's leaders share Washington's views on Iran's weapon-making capabilities.
It appears to be the so-called "secret annex" on Iran's nuclear program that Washington says is being withheld by the IAEA's chief.
The document says Iran has "sufficient information" to build a bomb. It says Iran is likely to "overcome problems" on developing a delivery system.
â€œI have concerns about some of the language that is being used because I saw â€¦ I saw this myself in the late '70s in San Francisco,â€ Pelosi said, choking up and with tears forming in her eyes. â€œThis kind of rhetoric is just, is really frightening and it created a climate in which we, violence took place and â€¦ I wish that we would all, again, curb our enthusiasm in some of the statements that are made.â€
Archive for September 17th, 2009
Sep 17 2009
John McCain would NOT use Jeremiah Wright and the issue of race against President Obama during the 2008 Presidential campaign and was criticized widely for his lack of political resolve.
Time will tell…….
Technorati Tags: ACORN, Barack Obama, Day By Day
Sep 17 2009
A rumor late last night but the shameful announcement early in Europe this morning.
President Barack Obama has decided to scrap plans for a U.S. missile defense shield in the Czech Republic and Poland that had deeply angered Russia, the Czech prime minister confirmed Thursday.
This announcement does NOT make America safer, emboldens Russia and kicks our allies in Poland and the Czech Republic in the nuts. This announcement is not a win-win diplomatic break through by Obama.
Read the “EXCUSES” the Obama Administration use to explain the shift in policy.
When Russia blackmails the Ukraine over natural gas and launches a military attack on Georgia what will the appeasers in Europe and the United States say? RESET?
Obama sold out are new allies in Eastern Europe and makes America less safe to an Iranian missile attack.
A lose-lose today for America.
Technorati Tags: Barack Obama, Missile Defense