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Defeat of Gadhafi

Reader comment on item: Obama and Qaddafi

Submitted by J Gould (United States), Mar 31, 2011 at 07:07

When the Federal Government looks to destroy a criminal cartel, it uses not only physical force but also financial muscle. A logical extension of this would be the removal of finances needed by Moammar Gadhafi to prop up his regime and fend off democracy. As suggested by a recent Financial Times article, the use of his own monetary reserves to incentivize underlings would probably quickly cause defections and tip the battle firmly towards the insurgents. I would like to suggest several correlates: 1. Offer not the current funds that Gadhafi has but instead offer to split 50% of the next two years' country's oil reserves among the top, say 10, Generals and top-level advisors. The other 50% would go to the people of Libya (the next government). In turn, this would focus those receiving the oil income to insuring the safety of the flow of oil out of the country and stability of the country to allow the process. 2. Decide to keep and not return the $30B in assets frozen from Gadhafi. This money would very nicely cover US costs in bombing that country. It's certain that all other countries holding similar assets would follow suit. 3. If necessary, bomb the Libyan banks of cities still possessed by the dictator. Why would mercenaries bother to take back another city if there is no booty?

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Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

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