Gaza-Israel Fighting, Fiscal Cliff and Debt Ceiling to Infinity
A cease-fire was announced earlier this week in the Gaza-Israeli conflict. Fighting lasted longer than a week and claimed the lives of 140 Palestinians. Israel counted five dead and more than a dozen wounded. It is not the “durable outcome” Secretary of State Hillary Clinton was seeking, but at least the bloodshed stopped.
The only question is how long will it be before the shooting starts again. This is a cease-fire, not a peace accord. There was significant destruction on both sides as Hamas was firing hundreds rockets as far as 47 miles into Israel. The rockets are supplied by Iran and are getting more and more deadly and powerful.