I have complied some notes from a few open source intelligence providers to put Bin Laden's death in context of the larger war on terror:
Stratfor:
"Bin Laden had become the symbol of al Qaeda, even though the degree to which he commanded the organization was questionable. The symbolic value of his death is obvious. The United States can claim a great victory. Al Qaeda can proclaim his martyrdom.
"It is difficult to understand what this means at this moment, but it permits the Obama administration to claim victory, at least partially, over al Qaeda. It also opens the door for the beginning of a withdrawal from Afghanistan, regardless of the practical impact of bin Laden’s death. The mission in Afghanistan was to defeat al Qaeda, and with his death, a plausible claim can be made that the mission is complete. Again speculatively, it will be interesting to see how this affects U.S. strategy there.
"Equally possible is that this will trigger action by al Qaeda in bin Laden’s name. We do not know how viable al Qaeda is or how deeply compromised it was. It is clear that bin Laden’s cover had been sufficiently penetrated to kill him. If bin Laden’s cover was penetrated, then the question becomes how much of the rest of the organization’s cover was penetrated. It is unlikely, however, that al Qaeda is so compromised that it cannot take further action.
"At this early hour, the only thing possible is speculation on the consequences of bin Laden’s death, and that speculation is inherently flawed. Still, the importance of his death has its consequences. Certainly one consequence will be a sense of triumph in the United States. To others, this will be another false claim by the United States. For others it will be a call to war. We know little beyond what we have been told, but we know it matters."
From Night Watch:
"The US insisted Pakistan played no part in the operation and that the team flew from Afghanistan. That clearly is a cover story for Pakistani public consumption to try to avert overwhelming anti-Pakistan and anti-US demonstrations, which are probably inevitable in any event."
"[O]ne inference is that bin Laden has been in the safe keeping of the Pakistan Army for a decade. The news reports suggest the compound was specially built for him and his enterprise, which had to have been subsidized by Pakistan and, through Pakistan, by US aid to Pakistan."
"The conclusion is inescapable that the Pakistan Army protected bin Laden and recently decided to give him up, rather than sacrifice the Army's relationship with the US. The terms are not known as yet, but there certainly is a trade in which bin Laden was sacrificed. The trade might involve an end to US drone attacks across the border, which humiliate the Pakistan Army, or a new coordination regime for drone attacks into Pakistan."
See also:
Mike Shedlock: Coercion, Threats and Bribery by Unions
Mark Baisley: Unions, Education and Innovation
Larry Kudlow: Stagflation: It's Back
Kathy Fettke: Gold vs Real Estate
Bob Goldman: The Desk Chair of Death
Carrie Schwab Pomerantz: Paying Off Student Loans
You can email John Ransom at thfinance@mail.com
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