VodkaPundit

Required Reading

LIBYA

Jim Dunnigan reports on the current state of the former State of Libya:

Libya continues to come apart as a nation. The Tripoli and Tobruk governments have agreed to not interfere with oil operations, but the Tripoli government does not control all the Islamic terrorist groups that are technically under its command. Despite that there is a general understanding that the oil income, which the Tobruk government largely controls, buys essentials (like food) that will continue to be distributed to all Libyans. So far that seems to be working. This is what always mattered most because the oil money pays for everything. The cash from oil sales is going into the Central Bank, which tends to answer to the Tobruk parliament because that is the one with international recognition and that provides access to the international banking system. The various factions are pressuring the Central Bank and courts to favor them but it is the international community that controls the ability of Libya to buy essential (most of the food and everything else) needed to keep Libyans alive recognizes the Tobruck officials. That internationally recognized government set up shop in the small port city of Tobruk (1,600 kilometers east of Tripoli) after encountering hostility from militias loyal to the pre-June government. Many other government offices moved as well and are finding space where they can. The rebel governments in Tripoli and the Tobruk are fighting over who controls more than $100 billion held by the Central Bank. A lot of that cash is overseas and since Tobruk has international and UN support the Tripoli rebels are having a hard time maintaining control of any oil income. If the Tripoli government tries to sell oil on the black market they will have most of the world going after them with bank account shutdowns and seizure of the tankers they use (either in port or on the high seas). In the end, it’s the oil money that will bring peace, or abject poverty for all. The government is running out of cash and credit. Another year or two of this and life gets very miserable for Libyans. The UN speaks of Libya has sliding into a state of anarchy. No one is willing to intervene militarily and the UN has constant problems with gangsters and Islamic terrorists attacking air efforts. This could end very badly.

Witness the results of Professor Ditherton Wiggleroom’s war, for which he held no public debate and received no permission from Congress — he just charged ahead with his phone and his pen. So where’s all the “rush to war” talk in the Complicit Media?

Anyway, do read the whole thing.