Description:

Fresh explosions and gunfire have been heard in Tripoli, as international coalition forces continue to bombard Libya. The country's government says further civilian casualties occured following a third day of allied air strikes. Meanwhile, troops loyal to the Libyan leader Colonel Gaddafi are reportedly attacking rebel strongholds in the west. As the allied bombing of Libya enters day three, America is getting involved in another long-term war, which will ruin its economy. That's the opinion of Lew Rockwell, chairman of the U.S.-based Ludwig von Meezes Institute think tank.