James Baker: Steady Cash Flow is King

As you might expect, we’re not surprised that James Baker’s committee has supported the “right of return” and a Middle East peace conference without Israel.

Baker’s thinking is exactly the same as the reason Russia got into bed with Iran: cash flow. The oil industry’s main source of raw material is the Persian Gulf, and many in that business have felt that Israel was the main source of instability of that supply as an irritant to their clients, the Arabs. This line of thinking is blind to the serious problems of Arab and Islamic politics, not the least of which is the Sunni-Shi’a divide and the ongoing rivallry of Iran with its neighbours across the Gulf.

Will the U.S. give in to this line of thinking? It would be the supreme irony that liberals, who generally hate the oil industry, are considering giving into the oil industry’s longest running urban legend (get rid of Israel and you get rid of the problems in the Persian Gulf) to further their own ambitions. But, as they say, politics makes for strange bedfellows.

It is time to pray!

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