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Update on AIG Bond Purchase From The Fed

Fed is not sure if they want to solicit others bids as it may hurt taxpayers.  So AIG must make it a profitable situation for the taxpayers in order for this deal to go through….

Full Story

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Flash: Brent Crude Surges Past $115

Total shutdown of Libyan oil exports is obviously bullish for crude.

Related: Futures open higher, as investors do lines of cocaine off Tomahawk cruise missiles.

Developing…

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Liberal Democrats Not Happy with U.S. Participation in Libya

Kucinich wants to discuss impeaching Obama over missile strikes on Libya.

“They consulted the Arab League. They consulted the United Nations. They did not consult the United States Congress,” one Democrat lawmaker said of the White House. “They’re creating wreckage, and they can’t obviate that by saying there are no boots on the ground. … There aren’t boots on the ground; there are Tomahawks in the air.”

Full article

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Anti-Aircraft Guns Light Up the Skies of Tripoli (with Video)

Also, Pro-Ghaddafi forces are shelling the city of Benghazi. It’s only a matter of time before ground forces are needed.

[youtube:http://www.youtube.com/watch?v=shtKiZB5djE 616 500] Alleged footage of coalition action in Libya

[youtube:http://www.youtube.com/watch?v=8is03ArDKcc 616 500]

USS Barry Fires Tomahawk into Libya

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