Saturday, November 9, 2013

The Straits of Hormuz Premium

As Tensions Fall in Iran, so Do Costs of Gasoline in today's New York Times underscores the costs of belligerence and countering with hawkishness. There is no end to the benefits that this past Summer's hesitancy by the administration in entering the Syrian conflict has brought about.  Consider what the situation would be like if we had gone in as Senator McCain suggested?  More killing and conflict.  Chemical weapons out of control and Iran fully defending a client state and not negotiating a nuclear treaty.

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