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To: GeronL

We have a strategic interest in keeping the Suez Canal moving. If Suez traffic is brought to to stop, Western economies will be brought to the brink of collapse.


57 posted on 01/29/2011 4:59:56 PM PST by SonOfDarkSkies (Obama and the Radical Left: 'People of the Lie')
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To: SonOfDarkSkies

http://en.wikipedia.org/wiki/Suez_Canal

Under the Anglo-Egyptian Treaty of 1936, the United Kingdom insisted on retaining control over the canal. In 1951 Egypt repudiated the treaty, and in 1954 the UK agreed to remove its troops, and withdrawal was completed in July 1956.

On 4 November 1956, a majority of nations at the United Nations voted for Pearson’s peacekeeping resolution, which mandated the UN peacekeepers to stay in the Sinai Peninsula unless both Egypt and Israel agreed to their withdrawal. The United States backed this proposal by putting pressure on the British government by selling Pounds, which would cause it to depreciate. Britain then agreed to withdraw its troops. Pearson was later awarded the Nobel Peace Prize


60 posted on 01/29/2011 5:06:58 PM PST by sodpoodle (Despair; man's surrender. Laughter; God 's redemption.)
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To: SonOfDarkSkies

Sounds like the perfect crisis for the federal government to announce a $1 trillion “Energy Marshall Plan” that won’t be wasted


64 posted on 01/29/2011 5:25:33 PM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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