Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca

. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Wednesday, August 24, 2005

More from Mark Steyn;
Gaza, Israel, and Egypt

Under the title, "Why Gaza? Why Now?" Mark Steyn sets forth a very compelling explanation for why it was good strategy for Israel to withdraw from Gaza. [Thanks to JJ for the link].

... [T]he Israelis could have held it without much difficulty for many years to come. Instead, in the short term, Gaza will decay even further into a terrorist squat fought over by Hamas and Islamic Jihad.

... A continuation of the status quo – whereby the Palestinians are preserved in perpetuity as “deserving” a state without ever having to earn one – would only see further remorseless deterioration for Israel in the world. In that sense, any change in the situation would be for the better – especially a change that makes Gaza not Israel’s problem but everybody’s problem.

Thus, the Egyptians have just deployed their own troops to the strip to replace the evacuated Israeli Defence Force. Why would they do this now the Zionist oppressor has fled and Arab lands are rightfully back in Arab hands? Well, for a very obvious reason: an Islamist squat in Gaza is a far greater threat to the Mubarak regime than it is to Israel.
But these are excerpts. Read the whole thing.
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