I do know that military incursions into the only relatively peaceful enclave in Iraq does not speak well of the supposed US diplomatic efforts to quell the mayhem in the region. The Bush administration is attempting to run out the clock on Iraq and hand it off to the next president. Scenes of Turkish war planes strafing villages with US bombs and intelligence will not play into that strategy very well.
Oh, and look for oil and gold to rise next week, especially if Putin takes this opportunity to reinvigorate Cold War tensions.
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