July 1st, 2014
08:25 PM ET

What I'm reading: ISIS is destroying itself

By Fareed Zakaria

“The Islamic State in Iraq and Syria is scaring the hell out of everyone. It has infested Syria, overrun Iraq, alarmed Iran, and convinced U.S. politicians it’s the most dangerous terrorist organization ever. But frightening everyone isn’t a long-term growth strategy. ISIS is destroying itself,” writes William Saletan in Slate.

“Al Qaeda, the organization from which ISIS recently split, understands this truth. For years, Osama Bin Laden and his lieutenants tried to explain to their affiliates the folly of unchecked brutality. In letters and directives captured in the 2011 raid on his compound, Bin Laden stressed the importance of patience, discretion, and public opinion. His advice, boiled down to seven rules, forms a clear outline of ISIS’s mistakes.”

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“Exploitation of the powers inherent in its reserve currency is bound to irk foreign governments and financiers. If the dollar is not a neutral medium of exchange but a U.S. weapon, the desire to break its dominance will spread across the global financial system,” writes Leonid Bershidsky for Bloomberg View. “China, which has been pushing the yuan as a reserve currency, and Russia, where banks owned by President Vladimir Putin's close friends have been cut off from dollar clearing after the Crimea annexation, are in the front ranks of the anti-dollar movement. Now, France has more cause to join it, too.”


soundoff (10 Responses)
  1. bobcat2u

    Now why would the Egyptian goddess of magic and life want to destroy herself ?

    July 1, 2014 at 9:02 pm | Reply
    • cocoasurfer

      I'm trying to set the aim. The U.S is getting all the heat but catch your breath a minute. Read the speech the IEA gave to Norway on 8/25/2014. All the religious smoke and mirrors are blinding the real purpose of stabilizing IRAQ. Maliki just didn't support the Sunni so now it's a little crazy. BP, Exxon Mobile, and Dutch Shell are already under contract to produce the last of the big sweet oil deposits in IRAQ. The Kurd are also helping out because the fields are not in the south like most of the oil. It's north. The U.S is also supported by China because they also have the largest consumption of oil and have their own big boy going in to contract for their share. It's a five year plan to make IRAQ the second largest producer in the world. By 2035 China will be all but 17% dependent on foreign oil. They will also be the largest consumer. Iraq will be on line to produce over 200,000,000 BpD. I know a religious war is a little more interesting but so is "The game of Thrones". you can almost lay the maps over each other, Conflict and future oil production. America is already shipping oil to china due to low consumption here. Production is high, the highest in the world right now. we're No.1 in production. We have to keep the barrel over a dollar to gain. Low consumption= low cost. Smart people know that Nations are joining together to form a new World order. It is actually a good thing because it will also regulate pollution from oil production. the trenches of war are no different than When Rome took land or when rebel Europeans took the Americas. People died. The difference now is the major players are starting to understand the brutal results of industry on the Earth. It's a cold reality but undeveloped nations will fall by the masses before 2050. Look at the list of countries on the board of the IEA. you will see. It will be a hopeful event, If Iran and Syria will join the IEA, Maybe helping them Ice the ISIL. Will expedite Peace a modernization to all the world. SELL YOUR CAMELS. There no room for this brutal existence anymore. So you see you can't "END the war on terrorism" Be thankful you're on the right soil my brothers and sisters. PEACE.

      August 29, 2014 at 3:02 am | Reply
  2. Allan Kinsman©

    Come on man. The dollar is being diminished daily by the Fed through a wild devaluation. The dollar is not what it used to be. In fact Kennedy wanted to kick out the fed and go back to money backed by the treasury but after sighning the order he never made it through dallas. The fed is spending money faster than it can print it. We borrow from countries which would love to see us fail and invest them in military hardware. Who came up with that idea? We create social security then rob the bank in a program which had the money. Who thought of that idea? Credit deficit swaps, who thought of that idea. We went and got ourselves in two wars and just borrowed the money to expend on it not only creating the debt but really never coming up with a plan to pay for the wars, who thought of that idea? I mean have politicians ever balanced a checkbook, oh I remember you are not required to be diligent and responsible if you are in congress. Just need to get money to get yourself re-elected. Does anyone else see a problem with this?

    July 2, 2014 at 1:02 am | Reply
    • Joey Isotta-Fraschini©

      Amen, @ Allan Kinsman©.
      The race for the devaluation of the dollar will bring us wheelbarrows soon.
      Has anyone been to a supermarket recently? Forget French wines.
      How many of you are not going to Europe this summer? The first time I went there, during the 1960s, my American dollars caused storekeepers to love me at first sight.

      July 2, 2014 at 7:26 am | Reply
    • cocoasurfer

      Its all part of the big picture. Obama is just getting the heat for it. The MQ9 Rapter, cost about 16.3 billion each. It is the future and the reason why we don't have to deploy troops. Which cost a hell of a lot more to maintain each day. Assume the debt is what we all must do in order to assume the responsibility of being the leader. In WW1 American gave up so much of their own belongings and time to help stabilize Europe and Asia for the same reasons we are engaged even now. If everyone would calm down and realize that it's part of a big plan. If mankind doesn't become one world then it will become a planet of pollution and disease. The New World Order has already started. The Tribes of Islam are not on board. So we have to do things the hard way. "People should know when their defeated" Now I need to have a beer. PEACE.

      August 29, 2014 at 2:25 pm | Reply
  3. chri§§y

    Amen @ Allen. And im willing to bet if an audit were ever performed on the Federal Reserve our eyes would be opened far more than they are presently!

    July 2, 2014 at 2:03 am | Reply
  4. Cyrusz

    When the Shia corrupted leaders in the Syria and Iraq kill the Sunni oppositions people and jail them and torching them, then that's the results.
    The Sunni people switched to the radical groups to get rid of Shia dictators.
    Why the USA supports the dictator Al Assad and Nouri Maliki in the Syria and Iraq?!
    Why the USA ignore the armed Shia groups that all are anti USA like cleric Muqtada al-Sadr army, Hezbollah, Sepah Ghods, Sepah Mahdi and Badre in the Syria and Iraq?

    July 2, 2014 at 11:12 am | Reply
  5. Ferhat Balkan

    The only way to destroy a terrorist organization is by discovering where they get their money and putting a stop to it. Also, as Cyrusz pointed out above, the minorities need to be treated as equals. You can't have a democracy when the Shia are favored by the government. Compromise and balance must be reached, otherwise you'll get desperate people turning to desperate measures. Military strikes or sending troops is not the answer.

    July 2, 2014 at 6:43 pm | Reply
  6. raymond spada

    Isis may very well self-destruct, But like the third Reich how many people will it take with it ?

    July 4, 2014 at 1:38 pm | Reply

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