Tuesday, July 12, 2005

Federal Reserve and Monetary Policy: Obstruction of Justice and Its Accompanying Uncertainty.

Let's stop pussy-footing and call Rove leaking a CIA operative what it is:”It is obstruction of justice by the White House to prevent a high ranking adviser (at that time) from embarrassing the President during an election year”.

Whether Rove broken the secrecy law is not the issue. The issue is whether he leaked “intelligence” for political gain ( fraud and conspiracy). It is also important to track Rove's motivation. Remember, at the time of the leak, the US had ground forces in Afghanistan and Iraq. Leaking this intelligence puts the “spot light” on Bush and his ability to control the situation. Rove leaking this intelligence shows, in my opinion, the complete lack of control that was necessary for Bush to lead the war in Iraq and it certainly shows Bush's desire to force a conclusion of his family's vendetta against Hussein.

One does not leak any intelligence during a time of war. Bush's recent commits of “going forward and bringing the war to the terrorist” now takes on a different meaning. No wounder our “former” allies are afraid of Bush. Bush's comment, means we should be invading Europe.

The political fallout is in the “warm up” phase. Wall Street does not like uncertainty. The political fallout will be on peoples' minds and will affect the “Goldilocks” scenario that some have viewed the US economy to be in.

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