Libyans repel government forces from rebel-held town as Colonel Gaddafi claims: ‘West only wants our oil’

Libyan rebels today repelled Colonel Gaddafi’s bid to reclaim an oil rich town as he declared to fight on to the end.

The veteran ruler twinned the failed attack with a fiery propaganda broadside against the rebels, playing on both nationalist opinion and Western jitters by saying much blood would be shed in ‘another Vietnam’ if foreign powers intervened in the crisis.

After Gaddafi’s men seized control of Brega they were forced back by rebel fighters in the most significant response by the Libyan leader since the uprising began. It was thought they may have run out of ammunition.

An estimated 14 people died in battles and up to 50 were injured today. With the dictator vowing to fight to the end there was little sign of the situation being resolved – and the U.S. were warning that the country was at risk of civil war.

In a three hour address earlier, the dictator accused the West of wanting to get their hands on the country’s oil.

‘There is a conspiracy to control the Libyan oil and to control the Libyan land, to colonise Libya once again,’ he said in a televised speech before a loyal audience.

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I wear many hats but history, economics and political observance have always been a passion. I am a graduate of the University of Cincinnati College of Business with a degree in Information Systems and Digital Business with a minor in European History. I work for a small mom-and-pop IT consulting and software design company. We deal in servicing mostly government funded non-profit mental and behavioral health care agencies in the state of Ohio. In this I deal with Medicaid and Medicare funds and have a little insight on the boondoggles of government there. Thankfully the undemanding nature of my daily profession gives me ample time to read and stay aware of our current state of affairs which I find stranger than fiction in many instances. In addition to being in the IT field, I have also been self employed with a small contracting company so I might know a thing or two about the plight of small business that employs 71% of the American workforce. I however don't draw my knowledge from my day jobs, which I have had a few; I draw it from an intense obsession with facts and observation about the world in which I live. I do have formal education in things such as history, economics and finance particularly as it pertains to global issues, but I have come to find much of what I thought I knew from the formalities of a state university I had to unlearn through much time and independent research. I hope you enjoy what I bring you which is not often heard in the mainstream news outlets. I would like to think my own personal editorializing is not only edifying but thought provoking while not at all obnoxious. That last one may be a hard to achieve.

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