Or, as we like to call it, a promotion for the latest Keynesian GDP-boosting voodoo cult: the busted Humvee falacy.
We congratulate US Centcom on blowing up another Made in the USA Humvee. GDP boost: 0.001%.
That said, it appears that the US humanitarian assault in Iraq, which has ‘mission creeped‘ into supporting the Kurdish resistance, may have succeeded in regaining control of Iraq’s largest dam: moments ago Al-Sumaria TV cited Kurdish forces who insist they have captured the Mosul Dam from Islamic State fighters.
The question is for how long, and what happens if ISIS decides to simply blow it up next time and put Baghdad under 16 feet of water? Will that be spun as another “mission accomplished” for US intervention in Iraq?
via Zero Hedge http://ift.tt/1rgMfxf Tyler Durden