The lull before the storm.

There are several crises brewing and coming to a head:

1. The debt crisis in Europe.
Several threads to this:
a) Greece is due for a E30B tranche in September because it can not pay its bills. German politicians threaten to block it, because Greece has not met previously agreed upon conditions.
b) The legality of the European Stability Mechanism (ESM) is being litigated through the German Supreme Court;
c) Spain is going to formally ask for a bailout for its central govt and regional govts.
d) Spanish bond rates fell as Spanish banks have used their bailout money to buy govt bonds.

2. The crisis in Syria.
Is this the beginning of the war between Shiites and Sunnis? Syria is ruled by members of the Alewite sect that is a rogue Shiite derivative. The rebels are Sunnis. The Sunnis are supported by Turkey and the Saudis and for some obscure reason the Russians are supporting the Alewite govt. Iran is also in the Alewite camp. The conflict is now spreading.
a) A Lebanese group has begun to kidnap Sunnis from other nationalities in Lebanon.
b) Saudi Arabia, Quatar and the UAE ordered its citizens to leave Lebanon.
c) The rebels are receiving aid and men from former Lybian fighters. Other Sunni are on the way.

3. The coming Israeli attack on Iran.
See previous post.

4.The Obama regime's alarming moves.
The Obama regime is soliciting bids on 1.4B hollow point bullets. Detention centers are also being renovated. The regime intends to sign up illegals and have them vote in the election. If this happens Obama's opponents will not accept the outcome. The regime has asked the Army to prepare to fight opponents.