Archive for May 2, 2011

2011/05/02: Freudian Slip of the Day: Ollie North says, “And (getting caught) is exactly what’s happened to OBAMA.”

Their low regard for President Obama by those politically well to the right of center is well known. But the ways in which it sometimes slips out that they consider him the ‘enemy’ are striking nonetheless. And this is not some fictional joke that we thought up to illustrate a metaphorical point. It actually transpired on television today.

FoxNews’ lunchtime TV program America Live had Lieutenant Colonel Oliver ‘Ollie’ North on today to discuss the Navy Seals’ Team 6 military operation that led to the Usama Bin Laden killing. While we presume most would already know this, it is still worth noting that North is the Über-Patriot (or Culprit, depending on your point of view) behind the Iran-Contra scandal back in the Reagan administration. Loosely speaking, he was the one who took Reagan’s orders to “do something” about getting weapons to the right-wing rebels down in Nicaragua, and covertly set up illegal military resupply trades with the Iranians to raise the cash.

Needless to say, he was another of the multitude of Americans who were frustrated at Bin Laden’s ability to avoid capture or death. While some of the response to this weekend’s events has been mindless and wholly overblown, further into the day more rational voices emerged on the true nature of the situation and likely further impact. As we suggested in our analysis earlier today, there isn’t really a whole lot of economic impact; crude oil didn’t rally on Bin Laden remaining alive, so why would it drop on the event of his death? (More on that below.)

However, on the issue of the US finally being able to visit Justice or Revenge (and it is after all a bit of both) on Bin Laden, Ollie North was very clear. He reminded us that in regard to a previous era’s anti-terror effort President Reagan had said, “You can run, but you can’t hide.” North went on to note, “And that is exactly what’s happened to OBAMA”   Read more…

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