Tuesday, February 13, 2007

Giving in to North Korea?

It’s disheartening to see that the 6 party talks around shutting down the N. Korea nuclear weapons program has resulted in, essentially, a “buy off”, of $300 million, in the form of fuel oil and cash.

This has been criticized by former UN Ambassador Bolton, who has said that the deal with the N. Koreans will open the door for other communist states and other “axis of evil” countries to jump on the bandwagon for free handouts.

He’s absolutely right…the US will have its hands full in the coming months dealing with the other countries of the world, like Iran, and others, who will also expect to get something to stop their programs.

What this will do is essentially tie up much needed energy resources at home for others in the world, at a time when oil is slowly creeping up.

For other countries, such as Venezuela, chances are Chavez will now look to pry more money from the US, by making veiled threats of cooperation with his counterparts in other parts of the world, which could conceivably be the next “axis of evil”.

This development has opened the doors for other countries, to hold out their hands for a bailout or a helping hand, way beyond the means of the free world. With the price of oil continuing up, OPEC reducing output, the US will be strained to meet all the demands of the fringe countries that feel they are capable of developing warfare for the “good of their countries”.

How long will N. Korea be standing alone? Not long.

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