President Obama Speaks On Deteriorating Iraq Situation

Obamacare ObamaWhite House (Pete Souza) [Public domain]

Speaking in front of his helicopter Marine One from the White House’s South Lawn, President Obama in his first address to the nation following the taking of Mosul and Tikrik by Sunni militant fighters, stated that the United States “will not be sending U.S. troops back into combat in Iraq.” Obama did say that he was reviewing possible responses to stem the advances of fighters looking to both threaten the government of Shiite Prime Minister Nuri al-Maliki and establish a new caliphate.

Thousands of Iraqi security service personnel have abandoned their posts, uniforms and weapons during attacks on major Iraqi cities by fighters of the Islamic State in Iraq and Syria, or ISIS.

Obama pointed out that unless Iraq rights its own ship, short-term military assistance from the U.S. wouldn’t help much stating that “this is not going to happen overnight.

GOP criticism

Not surprisingly, the GOP critics took to the airwaves to criticize Obama’s troop withdraw in 2011, sighting a security vacuüm left behind by the President.

The United States spent somewhere in the neighborhood of $17 billion to arm and train the Iraqi Security Services but Obama noted that Iraqi troops weren’t “willing to stand and fight” against the militant attackers, calling it a “problem in terms of morale.”

“We have already taken some immediate steps, including providing enhanced aerial surveillance support to assist the Iraqis in this fight,” said Secretary of State John Kerry at a London conference. “We have also ramped up shipments of military aid to Iraq since the beginning of the year.”

John McCain and Obama administration critics ask to consider airstrikes

Republican Sen. John McCain of Arizona, a war veteran and critic of Obama administration policy in Iraq, told CNN on Friday that air strikes “are certainly something that should be considered, but I would point out that air strikes are not easy.” I bit of an understatement from a war (hawk) who can’t fly without crashing. That’s not to take away from his service as much as to point out that he once crashed his plane into power lines in Florida while reportedly hung over.

“You just don’t say, ‘hey, let’s go hit something,'” said McCain, who lost to Obama in the 2008 presidential election. “It requires coordination, it requires intelligence; it requires a whole lot of things.” Presumably that would include good pilots.

The aircraft carrier George H.W. Bush is presently moving into the Gulf just a day after its namesake celebrated his 90th birthday to afford the President more options if the U.S. begins airstrikes.

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)

About the Author

Brendan Byrne
While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. To contact Brendan or give him an exclusive, please contact him at