“SMART DIPLOMACY?” “Each day that goes by gives the White House more reason to regret its Libyan adventure. The overthrow of Gaddafi was a good thing, but from both the humanitarian and strategic points of view, nothing has changed. The war continues to look at best like a diversion, at worst as if the US fell for a cynical French ploy to get oil in a way that damaged our long term strategic interests.”

UPDATE: Related: Investors Flee Egyptian Treasury Bills As Radical Islamists Take Over Parliament.