The Future of the Dollar
U.S. Financial Power Depends on Washington, Not Beijing
On December 2, the Syrian branch of al Qaeda known as Jabhat Al Nusra freed 16 Lebanese soldiers and policemen in exchange for the release of 29 Islamists and their children, who were all imprisoned in Lebanon and Syria. Broadcast live on Lebanese and Qatari satellite television, the prisoner swap was a spectacle. More than that, its symbolism, strategic significance, and regional ramifications were immediately the topic of vigorous debate.
It didn’t take long for the Lebanese to critique the transaction. As the freed hostages were hugging their parents in Beirut upon their return, Lebanese commentators were already bemoaning the “tragedy that had just transpired.” Politicians from all walks of life couldn’t believe that their government had just completed a “deal with the devil.” Parliament Speaker Nabih Berri, for example, called the episode a “sovereignty scandal,” despite the fact that Hezbollah, with which Berri is allied, had an active role in