(Recorded on 11/19/24) In Module 5, learn how to harness the power of Average True Range (ATR) to improve your day trading success. You’ll discover what ATR is, how to calculate and add it to your stock charts, and how to set profit targets and stop losses using...
by Dr. Ron Paul
Rapid changes are occurring in Yemen. Ever since United States had to leave its military base there, other powers have been lining up to benefit from the chaos. It has been revealed that Saudi Arabia has commenced bombing targets in Yemen. Egypt has announced its support for the Saudi effort. I am quite confident that this support is in compliance with our instructions to our puppet leader now in charge in Egypt. The current president of Yemen, Hadi, a leader who took over after the Arab Spring revolution, has been removed from power. He is said to have escaped to Saudi Arabia, and those who are now in charge in Yemen will most likely kill him if he returns.
Yemen has been instrumental in the US effort to fight al-Qaeda in the region. Unsuccessfully, I might add. The Houthis who have deposed Hadi are said to get their support from Iran and are now likely the strongest political force in the country. But they will not have an easy time of it. Too much is at stake for the United States and Saudi Arabia. We don’t read much about the Saudi Air Force being involved in military conflict, but the seriousness of the situation has prompted them to do exactly that. There are also reports that 150,000 or more troops are massed near the borders of Yemen for a probable invasion. It is assumed that other Arab nations will be involved, along with Egypt. One report said that it appears the country is “sliding toward a civil war.” I would suggest that it’s past sliding toward the civil war, and, rather, is involved deeply in a civil war that is now spreading outside its own borders.
The neoconservatives, I am sure, will blame everything on Iran. And it’s likely Iran may have been involved in giving some type of support to the Shia that now are on the verge of taking over the country. But one must ask, “How does this compare to the support the United States has given to over 100 countries in recent years, with a major portion going to the Middle East?” There’s a big difference between a country becoming involved in a crisis next door and a country getting involved 6000 miles away.
It looks like the former president, Ali Abdullah Saleh, a military dictator who was deposed in the Arab Spring revolution, is now aligned with the Shia Houthis who are supported by Iran. This will not be tolerated by the United States, and we can expect the US to provide indirect military assistance to those who are prepared to invade Yemen and install a US friendly dictator.
Foreign forces’ bombs and occupation will serve to unify the citizens of Yemen despite their other differences. As a matter of fact, it’s been our presence in this country for more than a decade that has been an aggravating factor. The fact that al-Qaeda type rebel forces have done well in the various countries in recent years is because they gain support from the local people with the promise that the foreign invaders will be expelled. This certainly is true when it comes to the type of support that the people give, tacit or otherwise, to the very ruthless ISIS forces. It amazes me how these ragtag rebels can outfight and outfox various countries whose forces are larger and better armed. The so-called rebels find that their promise to expel the invaders is a strong motivating factor to gain support for the military resistance. The catch-22 is that the more we or any other nation try to subdue a foreign country, the stronger the opposition becomes.
This new expansion of the war in Yemen is a bad sign. The situation could easily worsen, involve many countries, and last for a long time to come. The stage for the “Big War” may well be set and we will be hearing a lot more about Yemen and the Arabian Peninsula in the coming months. If this war gets out of hand, I would expect that the benefits of $45 per barrel of oil will soon end. There is no doubt in my mind that the American people – financially and for security reasons – would be better served if we just came home and avoided these nonsensical military interventions that are carried out in behalf of various special interests that control our foreign policy.