The latest in a long line of Western nations to do so, the Obama Administration today announced that it is formally recognizing the East Libyan rebel faction as the “legal government” of Libya.
The recognition in and of itself likely will mean very little, except for establishing formal diplomatic ties with the rebels as a government instead of simply a rebel faction. This is particularly meaningful since the US and its allies are currently bombing the nation.
But the real significance could be a financial one, as billions of dollars in assets frozen by the US and other western nations, including the personal assets of Moammar Gadhafi, could soon be transferred to the self proclaimed leadership council of the rebels.
The funds could help the rebels in fighting the civil war, but any government funds used in the conflict will not be available for post-war reconstruction. Given NATO’s recent proclivity toward attacking Libya’s oil infrastructure, this could be extremely expensive.
US and EU thieveries’ of other nations wealth always been a tool to correct what is missing in US and EU economy.., is been the reasons for US and EU (Some) government being able to adjust their budget crises and other economic problem at home. Iraqis lost 17 billion of their money in the hand of US government, Libyan 53 billion dollars is yet another and recent open thieveries that is about to go down now that US government have recognized Libyan Council as the Libyan government.
Within next few months the China well get paid, France will be very happy having new contacts in Libya so goes for US, Sweden, Norwegians oil company, England and Denmark and above all the Arab Emirates and Saudi Arabia having their Muslims Brotherhood and its affiliated terrorist groups stationed in Libya for further wars in Africa.., that is to say if rebels in Libya are able to overthrow Kaddafi government.
In reality that is the only way for US and EU militarism regimes to operate.., simply there is no other way for such regimes or government to proceed.., this is how capitalism operates doing what capitalism been doing for years.., don’t get fooled by the logo of CCP which Stands for China Communists Party.., or the USDP stands for US democratic party.., there is no democracy coming out of this nor any communistic act from CCP.., is a mutual economic corporation paid by China acted by US and EU militarism regimes dividing nations wealth’s among themselves.., result.., well is a shard economic in terms of Wallmart building a new store in Benghazi and Norwegian oil company hand in hand with the Swedish neo fascism government making profit out of other nations wealth by stealing it.., meanwhile.., the rebels are the new slaves to a modernized versions of Saudis and Arab Emirates Tyrants adversaries in what is African Union or if you will democracy.., their mission.., use US and EU militarism regimes to invade more countries in Africa and steal the peoples wealth.., after all isn’t that what capitalism do in US and EU making people homeless and making sure that you people see them every day.., yet the system fools you by telling you lies about the outcome of what their plan is.., once again Libyan war is not about democracy.., there is no democracy coming out of Quatri Kingdom tyranny nor for that matter from Saudi Arabia.
The US has specialized in thieving for many years. Once upon a time, the plundering was done with a thick glob of sanctimonious propaganda to make the US-American citizenry believe that their country was the salt of the earth. Nowadays, the US government simply steals without any attempt to justify the theft.