From All Stars last night.
On Obama’s speech yesterday:
What’s really interesting about this speech that Obama gave today is that we are now living in an unprecedented time when we actually have two active presidents. Foreign affairs is entirely the Bush administration acting with a lot of authority on Gaza and other issues, and Obama staying entirely out, as he should, and he knows he has to until Inauguration Day.
On the economy, the Bush administration is entirely irrelevant, and we have a president Obama. He is our domestic president. The markets, the local governments, state governments, foreign governments are all looking to him and to the hints in his speech as to what’s going to happen on the economy.
On the diplomatic state of play over Gaza:
…there is a danger with what is happening now at the U.N. There is a huge effort to have Israel accept an arrangement in Gaza as it has in Lebanon. But what has happened in Lebanon is a huge rearmament of Hezbollah. There is no policing of what’s happening.
If you get it in Gaza, you will get rearmament of Hamas. You will get a restoration of its weapons. And you’re going to have a round in a year or two that’s going to be even worse.
Israel has a chance now to break Hamas and to actually get it out of the power in Gaza if it continues in its offensive. I hope the United States doesn’t join with the European Union in stopping this offense. You could have a decisive change of government in Gaza if Israel is allowed to continue, but I’m not sure it’s going to be allowed to.