Home > Economy, Politics, Trends > Another War is Looming, This Time with Libya

Another War is Looming, This Time with Libya

March 17, 2011

Gotta keep the war machine fires stoked. How big was the war machine last year by way of government — taxpayer funded — contracts? $543 billion.

The 2010 Defense Budget was $663.7 billion when the Iraq and Afghanistan wars are factored in. So, a huge amount of money, our money, went to certain corporations. Want to know who they are — see below. Need a job? Get into the defense industry, there is always a war brewing somewhere.

Go here to see the annual list posted by Government Executive

Wall Street Journal reports:

The United Nations Security Council voted on a resolution, pursued by the U.S., Britain and France that would authorize military strikes on Libya.

U.S. and European officials said air attacks against Col. Moammar Gadhafi’s forces would be possible “within hours” after the resolution was approved. The Pentagon was already fine-tuning military options for “serious” strikes against ground and air targets should the White House order them, said U.S. defense officials.


U.N. Security Council Approves No-Flight Zone in Libya

The United Nations Security Council approved a measure on Thursday authorizing “all necessary measures” to protect Libyan civilians from harm at the hands of forces loyal to Colonel Muammar el-Qaddafi.

The measure allows not only a no-flight zone but effectively any measures short of a ground invasion to halt attacks that might result in civilian fatalities. It comes as Colonel Qaddafi warned residents of Benghazi, Libya, the rebel capital, that an attack was imminent and promised lenient
treatment for those who offered no resistance.

Earlier this month: March 4, 2011
AUSTRIA’S central bank (OeNB) today froze the assets of one of Libyan leader Muammar Gaddafi’s close associates, who left Tripoli late last month to seek refuge in Vienna.

Under the bank’s freeze order, which was published in the official journal today and comes into effect immediately, Mustafa Zarti will no longer have access to any of his funds in Austria.

The foreign ministry in Vienna had asked the OeNB on Wednesday to look into a freeze for Zarti, noting that he “has assets and might make them available to other representatives of the Libyan regime”.

Zarti, who holds an Austrian passport, left Tripoli to take refuge in Vienna on February 21.

News reports said he looked after Gaddafi’s assets in Austria, which according to the daily Die Presse were worth nearly $US30 billion ($A29.61 billion) and were mostly hidden away in foundations.

Read more: http://www.news.com.au/breaking-news/austria-freezes-gaddafi-associates-assets/story-e6frfku0-1226016153819#ixzz1GtxjlgJ3

%d bloggers like this: