World View: Egyptians Return to Tahrir Square as Election Results Postponed
This morning's key headlines from GenerationalDynamics.com.
- Fighting escalates between Turkey and PKK in northern Iraq
- Attorney General Eric Holder threatened with Contempt of Congress
- Federal Reserve extends 'Operation Twist' to end of year
- Antonis Samaras becomes Greece's Prime Minister, seeks relief from austerity
- Egyptians return to Tahrir Square as election results are postponed
Fighting escalates between Turkey and PKK in northern IraqA long-simmering battle between Turkey's army and the terrorists from the Kurdistan Workers' Party (PKK) is flaring up into greater violence, after eight soldiers were killed in a terrorist attack on a military output in southeastern Turkey on Tuesday. In the early morning hours on Tuesday, a group of around 200 PKK terrorists attacked the Yesiltas Military Outpost with rocket launchers and rifles, killing eight soldiers and wounding 16 others. In subsequent clashes, troops killed at least 24 PKK terrorists. The terrorists were believed to have crossed the border from northern Iraq to carry out the attack and then retreated across the border. Turkish warplanes "effectively hit" PKK targets in northern Iraq. Several thousand PKK rebels are believed to be based in hideouts in northern Iraq. Zaman (Istanbul) and BBC
Attorney General Eric Holder threatened with Contempt of CongressHouse Oversight and Government Reform Committee voted to hold Attorney General Eric Holder in Contempt of Congress on Wednesday, for many months of refusal to turn subpoenaed documents over to Congress. The vote followed an announcement that President Obama was invoking executive privilege. The issue was the congressional investigation of the "Fast and Furious" operation, where federal agents allowed Mexican drug cartels to take possession of tens of thousands of guns. The objective was to track the guns and arrest the people in the cartels, but the agents botched the whole operation, and the guns ended up killing people, including another federal agent.
The larger picture is that, once again, Attorney General Holder is adamantly hiding the perpetrators from prosecutors. This is part of the same Generation-X culture of fraud and extortion that I've been writing about for years with regard to the financial crisis. Holder and Obama refuse to investigate and prosecute anyone in the financial industry, despite the fact that it's provable that widespread fraud was committed, leading to the financial crisis. I've heard Gen-Xers complain that the reason they don't want to send anyone to jail is because in the 1980s they became the most incarcerated generation in history. I don't know if that's true, but if it is, then it's because they committed the most crimes of any generation in history. When the Boomers were in charge, in the 1980s, if you committed a crime, you had a good chance of going to jail. Today if you commit a crime, then chances are you'll be free to go on committing crimes, with no fear of investigation, especially if your crimes provide campaign contributions to politicians. CS Monitor