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A Useful Counterterrorism WeaponBy Douglas Farah
In the day-to-day discussions and actions to combat terrorism, particularly radical Islamist terrorism, we generally agree that it will be a long struggle that could last generations. I agree. But it is useful to step back and realize there is a powerful weapon that we CAN use to great effect. Both presidential candidates agreed on it, and it is long overdue. That is to decrease our consumption of oil so that our money does not flow to those who want to destroy us. The effects have already been dramatic, as this IHT article describes. Two regimes that pose direct threats to U.S, Latin American and Middle Eastern stability-Iran and Venezuela-are teetering on the edge of severe financial meltdowns because oil prices have dropped. A third country that is growing increasingly willing to deal with rogue regimes-Russia-is also hard hit, although not to the degree of Iran and Venezuela. Saudi Arabia's ability to fund the propogation of Wahhabi extremism and intolerance will also be curtailed if the prices stay down. Why? Because these regimes conservatively built their budgets, including the expansionary weapons purchases, on oil averaging $80 to $90 a barrel. When it falls below that, particularly to where it has been recently, they are forced to choose between their expansionist and militarist dreams, and feeding their own people. Both Obama and McCain focused on the fact that we spend billions of dollars buying oil from regimes that hate us and have a radically different view of what the world should look like than most of its neighbors. Both viewed the issue of energy independence as a matter of national security. While differing on the margins over where to drill and the priority given nuclear energy, the campaigns, representing candidates supported by about 96 percent of the voting population, were in agreement. My full blog is here.
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