Tags: Barack Obama | Israel | Iran | Obama | Middle | East | Iran

Obama's High-Stakes Middle East Visit

By Monday, 18 March 2013 12:19 PM Current | Bio | Archive

On Wednesday President Barack Obama lands in Jerusalem to begin three days of symbolic visits, and of meetings with Israeli, West Bank Palestinian, and Jordanian leaders.
President Obama days ago warned that Iran is only "a year or so" from acquiring nuclear weapons, which if it happens could trigger a stampede to get nukes of their own by Saudi Arabia, Turkey, and Iraq.
The president announced in February that he will no longer station two aircraft carriers there, a strategic decision that veteran Washington Post reporter Bob Woodward called "madness."
This Obama decision greatly reduces our power in the region, and makes it much less likely that the U.S. or Israel could pre-emptively destroy Iran's hatching atomic serpent eggs.
If Iran acquires nuclear weapons, future Islamist terrorists could soon become the delivery systems of choice for atom bombs — and mushroom clouds could appear above not only Tel Aviv but also above Paris and London, Tokyo and New Delhi, New York City and Washington, D.C., Houston and Chicago, Los Angeles and San Francisco.
No major city of what Islamists call Dar al-Harb, the House of War — lands Islamists aim to conquer and bring under the rule of a global Muslim Caliphate — will be safe from nuclear terrorism.
President Obama reportedly is visiting the Middle East with no new plans to neutralize Iran's nuclear ambitions, and no new plans for peace between Israel and the Palestinians.
In our latest book, "The Great Debasement: The 100-Year Dying of the Dollar and How to Get America's Money Back," Craig R. Smith and I lay out a chillingly detailed scenario for how America's Persian Gulf fleet might be destroyed.
Because key banking connections, as well as essential oil supplies, tie Europe to the Persian Gulf, the outbreak of nuclear conflict there could collapse the Euro currency within minutes. A sudden Euro collapse would quickly drag the U.S. and other major economies into chaos.
During this week's visit, Mr. Obama chose not to speak before Israel's Parliament, nor to visit the Western Wall in Jerusalem. These could be seen in the Middle East as signs that his support for Israel is wavering.
Even more disturbing is that days ago, when the Obama administration loudly announced that it would put 14 additional interceptors in Alaska by 2017 to shoot down North Korean nuclear missiles, it quietly made a more disarming announcement that was scarcely reported.
The Obama administration announced that we are scrapping the final phase of our anti-missile system promised to Poland to shoot down Iranian nuclear missiles that might threaten northern Europe or theoretically even North America.
So as he arrives this week in Israel, President Obama seems to be doing little to prevent Iranian nuclear weapons, is weakening our military capability in the Persian Gulf, and is scrapping the final phase of our interceptor system to protect northern Europe and America from Iranian missiles.
Guess what message this sends to Tehran, to the terrorists Iran funds such as Hezbollah on Israel's northern border, and to neighboring nations such as Saudi Arabia about relying on the United States for their safety.
Meanwhile, President Obama continues to pursue an end to dependence on oil by giving thus far almost $100 billion to crony oil companies, and to play Keystone cop by arresting a pipeline project to bring oil from Canada.
Energy dependence on Middle East oil for decades made us vulnerable to the region's politics and conflicts. Yet today, despite the President, so much new oil and natural gas are coming from fracking on private land that America is fast becoming independent of Middle Eastern oil and may be the world's largest oil producer by 2017.
"America's need to forge Israeli-Palestinian peace has never been lower," writes New York Times columnist Thomas Friedman, and President Obama has come to view this issue with "benign neglect."
But, ironically, America's growing oil independence may weaken President Obama's commitment to our traditional allies in the Middle East and prompt some to move faster to acquire nuclear weapons if Iran seems likely to do so.
Our need to prevent Iran from going nuclear has never been greater, but President Obama's resolve has never seemed more uncertain.
Lowell Ponte is co-author, with Craig R. Smith, of "Crashing the Dollar: How to Survive a Global Currency Collapse"; "The Inflation Deception: Six Ways Government Tricks Us . . . And Seven Ways to Stop It"; and "Re-Making Money: Ways to Restore America's Optimistic Golden Age." For a limited time, you can get a free postpaid copy of his new book "The Great Debasement: The 100-Year Dying of the Dollar and How to Get America's Money Back" by calling 800-630-1494. Read more reports from Lowell Ponte — Click Here Now.


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On Wednesday President Barack Obama lands in Jerusalem to begin three days of symbolic visits, and of meetings with Israeli, West Bank Palestinian, and Jordanian leaders.
Monday, 18 March 2013 12:19 PM
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