Big Meeting In Damascus Last Friday……Says The Times

Posted By on March 2, 2010

In The Times – The Abu Dhabi media website “The National” ran the following report under the headline “That was a war council in Damascus”:

The three-party meeting that took place in Damascus on Friday gathering the Syrian president Bashar al Assad, the Iranian president Mahmoud Ahmadinejad and the Hizbollah chief Hassan Nasrallah was a war council to devise counterattack plans and assign tasks in the event of an Israeli offensive on one or all parties, wrote Abdelbari Atwan, the editor-in-chief of the pan-Arab newspaper Al Quds al Arabi.   “The timing of the meeting, the way it was undertaken and the ensuing press conference that was held at its conclusion, all point to a strategic coalition being reinforced. This is the build-up of a new front that will spearhead the confrontation with the US-Israeli alliance and whichever Arab countries that may, expressly or implicitly, be affiliated with it.”

The Iranian president said he expects war to break out somewhere between spring and summer of this year. Meanwhile, the Hizbollah chief vowed to strike the Israeli capital, its airports and power stations if Israel dared to attack Beirut’s critical infrastructure.

“Indeed, we are being exposed to a new discourse here, an unprecedented sense of self-confidence and an unheard-of preparedness for retaliation.”

Separately, Stratfor suggests the U.S. is close to an untenable position relative to Iran.  We seem unable to impose effective sanctions and military resolution may be unworkable.  Stratfor suggests the U.S. may have to completely rethink its posture and, perhaps, negotiate some resolution with Iran.

And we all thought Greece was the problem.

From Art Cashin on the floor of  The New York Stock Exchange

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