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Rumors Swirl: How Bad Will The Obama Foreign Donor Scandal Be?

UNSbobblehead Wrote: Oct 07, 2012 2:23 PM
U.S. military protection of the Persian Gulf is unnecessary to ensure access to oil from that region. Without Uncle Sam’s generous help, Persian Gulf oil producers, shippers, and consumers (that latter residing mostly in Europe and East Asia) would have strong incentives to protect the free flow of oil. If the U.S. government eliminated its military subsidy for oil in the Persian Gulf, it could decommission approximately five army divisions, five active air wings of the Air Force, five Marine Expeditionary Brigades, and 144 ships, including six aircraft carriers—roughly half of the U.S. armed forces.

Editor's UPDATE: Katie Pavlich has filed a report on documents TOWNHALL obtained regarding the breaking Obama campaign's foreign donor scandal.

Since last week, the news sphere has been buzzing about the possibility of an Obama campaign foreign donor scandal being the big October surprise of 2012. Since the Washington Examiner first reported the story last week, many are asking how the Obama campaign will handle foreign donation allegations expected to go public Monday in a major magazine and national website story. The Obama campaign has already tried to block the story from publication and although the details of the...