2 replies to this topic

[redfoliage2]

"A delay also allows Obama to use his visit to the G-20 summit next week in St. Petersburg, Russia, to build a broader political coalition of countries willing to support U.S. military action even if they aren’t contributing militarily. France has indicated it stands with the U.S.

Obama’s gambit, though, assumes that Congress will authorize the use of force. It also assumes the regime of Bashar al-Assad won’t use the delay -- Congress is unlikely to vote before the week of Sept. 9 -- to launch another chemical weapons or other mass casualty attack.

If either assumption turns out to be wrong, the president hasn’t ruled out ordering a strike on his own. He and aides made it clear he’s not ceding executive power and that they think that, legally, he has the authority to proceed even if Congress says no. "

http://www.bloomberg...ongress-ok.html

[Sentient Being]

I suppose this adds that element of "uncertainty" that the market is not supposed to like.

[pdx5]

Syria is just an excuse. If market goes down next week, it will be based more on economic outlook & news during the week than a limited and well advertised in advance strike on Syria.