Wednesday, January 26, 2011

Clinton Urges Restraint, Political Reform in Egypt

http://www.voanews.com/english/news/middle-east/Clinton-Urges-Restraint-Political-Reform-in-Egypt-114666079.html

With all due respect, but how arrogant of Secretary of State Clinton.  She urges Egyptians to restrain themselves, like this is some form of demonstration against an oppressive government.  There is no doubt the Egyptian government may be corrupt, not respectful of human rights, and in need of political reform (speaking of glass houses), but citizens don't take to the streets because they feel oppressed.  They take to the streets because there are food shortages and they are one meal away from starvation.

And look no further for the root cause of all this exported food inflation to other countries, third-world, emerging or developed:  it's Blackhawk Ben Bernanke's loose monetary policy and quantitative easing which is the cause of soaring food prices.

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