Thursday, April 7, 2011

Netanyahu Spokesman Says War May Break Out Between Israel And Gaza As Early As Tonight

Just to make the clusterflock complete the following news from BBC Newsfile crosses the tape: "The Ma'an News Agency website in Arabic at 1631 gmt on 7 April posts the following "urgent" caption: "[Ofir] Gendelman [spokesman for the office of Israeli Prime Minister Binyamin Netanyahu] Tells Ma'an: I do not rule out the possibility that Israel will wage war on Gaza tonight." Or, more metaphorically, the proverbial flame in a fireworks store. Surely this last straw will send the S&P limit [up|down] until someone has the brilliant idea that Bernanke can print his way out of that one as well.

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