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There will likely be UN airstrikes within hours.
Doesn't no fly zone must mean they shoot down any places coming or going or passing through?
So yes, airstrikes are likely.
There's also always a chance that we help the rebels, the get in power, end up being worse then Quadaffi (granted, that would take some serious effort), and then we have another Iran.
Why only Libya and not Bahrain as well?
That's a good question. Bahrain is pretty important oil-wise as well. It may be because there aren't reports coming from there that they want our help (at least, none I've heard). Another reason is that the Saudis sent in military troops to assist the Royalists, and Saudi troops and American troops shooting at each other would be a real possibility. This would be terrible for both the Saudis and the US.
Sure, a no-fly zone won't stop Gaddafi's use of ground force, but it's a deterrent and it sends a message to him that the UN is willing to interfere in his country. Hopefully, that's all it will take, but Gaddafi is insane enough that I very much doubt that will be the case.
Ceasefire?I think Moussa Koussa just announced a ceasefire.(He was speaking live on AJE)So, @Joe: if you think that wasn't worthwhile, fuck you.