Saturday, 12 July 2008

Security vetoes blood soaked hands?

Amazed at the shocks revereberating around the "developed" world that two permanent members of the security council vetoed the implementation of sanctions against Zimbabwe...

Let's see now?

Russia! Oh yes, a poster child for democracy. Not poisioning ex-spies it disagrees with, nor grabbing assets that under a different premier would have been sold off for cheap trinkets - like a tantrum child. Nor showing how manly and muscular it can be by posing with upper torso exposed whilst fishing. With a tenuous, almost Mugabgiesque view of what democracy should be, that's permanent member security veto number 1.

Then there's China, sigh. Ivory back on the market, promoting quiet diploamcy whilst buying up the "developing" - as if the entire world is not in a continual state of developemnt - world's resources, but unlike the Mugabe regimie more likely to imprision for decades as opposed to have the army or ex-army go around and kill them. Duff them up a bit yes. Kill them? No! Well, if you don't take into account Tibet, or the Tiananmen Square massacres (nearly 20 years ago - strange that it still feels like yesterday), or the Falun Gong 'sect', or "AIDS activists have been followed by police and beggars rounded up." And there we have permanent member security veto number 2.

So with all that and China soon to be in bed with Russia over oil & gas, supply and demand, then it should come as no surprise at all ,that things went the way they did in the UN security vote.

And there's obvioulsy going to be no surprise when the 1920's recession clips our chirpy wings, bringing us down from the heady clouds of the never-never we (oh so seemingly briefly) inhabited, to the scrabbling scorched earth of the never-never again.

IndyMac Bank, with perhaps Freddie Mac and Fannie Mae going the same way and destroying 50% of the US mortgage backed guarantees, the green back is looking, as each day passes, more the sick puppy that will soon be on its back in the advanced stages of rigor mortis; with everyone saying 'how did it happen?'

Well those who wouldn't be giving thanks that the great satan has been laid low.

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