http://news.bbc.co.uk/2/hi/middle_east/4790352.stm I was reading this article and the thought struck me since yonks and yonks of time in my memory Iran wasn't bothering anyone and suddenly they are a threat. I'm sure that at the moment the government is rather extreme in its religious fanaticism, but I am also sure if you do not bother them they will not bother you. Of course then the Us starts threatening Iran and Iran starts threatening back. Can you blame them for that? It's quite a natural reaction isn't it? The US just invaded and annexed your neighbouring country and now they are after you. I would think that there are better ways to handle a country like Iran than to threaten them. Analyze what they want. Try to think from their position. Make some compromises. Don't give the extremists fuel, because that is what is happening in my opinion. Who is next?
I saw this on cnn.com, actually. Iran officials said someting like the us can dish out pain, but they can also receive it. What a daring thing to say. But Iran is the 4th biggest supplier of oil in the world. This county is located right next too Iraq and they have about 1/100th of the reactors necessary to construct a nuclear bomb (that's scary ain't it *says sarcastically*). If I was Iran, I'd be scared. They certainly must know what the US is capable of. And you, spurious, you're absolutely right. This looks like the beginning of another fabricated threat. I mean, Iran really isn't doing anything right now. They just chillin'. Plenty of countries have these types of reactors. What really is the motive for demonizing Iran?
These are truly terrifying times. alREADY the Uk and US illegal wars have contaminated Middle East wit depeleted uranium fallout, and this contamination hasreached Europe if you care to follow alternative news sources like here www.propagandamatrix.com etc etc you will hafe kown that this propganda about Iran has been a plan of the empire fascists or a lONG time, as was the whole prpaganda about Iraq and WE, us here, what are WE. we are bascially sittin ducks caught up in tis fukin nightamre
It's not about religious extremists, it's about the US dollar. Iran plans to set up an oil bourse where people are allowed to trade for oil in Euros. The Euro is a stronger currency than the US dollar, and for some reason right now if you want to buy oil you have to buy it in US dollars which means first you have to buy US dollars....which is one of the only reasons the US dollar is more than a piece of paper, since it's a fiat currency. If Iran gets this underway and they are not stopped, other countries will follow. Iraq tried this, they got invaded. The US lied and gave us a bunch of weak excuses (WMDs, Al Quaeda links, "liberation") but the real reason is pretty clear.
This is by far the weakest argument of the lot. As if Iran has any kind of influence in the world, let alone the kind of influence you are suggesting. If Iran switched to the Euro, there is no reason to believe that Saudi Arabia or Venezuela (the United State's two biggest oil suppliers) will follow suit. That would be up to OPEC, and OPEC has stuck with the Dollar through worse times, because unlike you conspiracy theorists OPEC bases their operations in reality and they know the Dollar will bounce back like it always has.
1) The Euro is a stronger currency than the dollar. I'm not an economist or anything even remotely financially related, but if your average internet loudmouth can see that and have enough confidence to clearly state that then surely that has to say something. 2) Imagine if you were american and you had to pay for oil (not to mention reserve currency etc.) in the currency of your most hated enemy. Every time you did, you put money into the pocket of your enemy. Would you enjoy that? It's rather simple. It doesn't matter whether the US buys oil directly from that country, any countries switching result in less export dollars....and like I said, others will follow suit. EUROPEAN COUNTRIES for example will no longer have to buy dollars in order to purchase oil and can instead purchase directly with their own currency and while Iran does not have much in the way of "influence" Europe does. Not to mention that no one will hold on to a depreciating currency if they don't have to. 3) Why do you think Iraq was invaded? Why do you think Iran is next in line? Do you actually believe that any country is stupid enough to use nuclear weapons today in the days of MAD and second strike capability? When their prospective enemy has 1000 times more nuclear weapons than they do? In light of this do you think that realistically they represent any kind of nuclear threat to the US? Did you fall for the old WMD argument back in 2003?
Let’s imagine big box – wrapped with pink bright paper – let assume that box symbolize the Iran/USA issue presented in mainstream media. Make a look inside the pink box – we can see another one – wrapped with red/black paper – this is another story: USA wants take a controll over biggest oil sources in the world (whole middle east) and protect it’s supreme lider position for the next decades. Do we have something inside? Yes - there is another smaler box inside – Blue/white one- Israel. Israel wants to acquire the whole it’s holy land therefore has to defeat whole Islamic world. What do we have inside? – We have got small gold box – Ilumminati. That box says: no real reason – just the war is required – to decrease number of people by about 90% to surely rule the rest and be served by the rest. Is it the end of my story? No, If you can watch, you could see another box – almost invisible – ezoteric one. We, the mankind are at the front of significant progress in spirituality – some of us will go to the better world in present bodies to prepare much better condition of living for others in next incarnations, but at now, they (others) have to go to heaven to wait for right moment for come back. This – smalest box says: hard times must come: great achievements are possible to become in fire. Chris
Interesting subject, regarding oil bourse chek this article out : Why Iran's oil bourse can't break the buck By F William Engdahl A number of writings have recently appeared with the thesis that the announced plans of the Iranian government to institute a Tehran oil bourse, perhaps as early as this month, is the real hidden reason behind the evident march to war on Iran by the Anglo-American powers. The thesis is simply wrong for many reasons, not least that war on Iran has been in planning since the 1990s as an integral part of the United States' Greater Middle East strategy. More significant, the oil-bourse argument is a red herring that diverts attention from the real geopolitical grounds behind the march toward war that have been detailed on this website, including in my piece, A high-risk game of nuclear chicken, which appeared in Asia Times Online on January 31. In 1996, Richard Perle and Douglas Feith, two neo-conservatives later to play an important role in formulation of Bush administration's Pentagon policy in the Middle East, authored a paper for then newly elected Israeli prime minister Benjamin Netanyahu. That advisory paper, "A Clean Break: A New Strategy for Securing the Realm", called on Netanyahu to make a "clean break from the peace process". Perle and Feith also called on Netanyahu to strengthen Israel's defenses against Syria and Iraq, and to go after Iran as the prop of Syria. More than a year before President George W Bush declared his "shock and awe" operation against Iraq, he made his now-infamous January 2002 State of the Union address to Congress in which he labeled Iran, along with Iraq and North Korea, as a member of the "axis of evil" trio. This was well before anyone in Tehran was even considering establishing an oil bourse to trade oil in various currencies. The argument by those who believe the Tehran oil bourse would be the casus belli, the trigger pushing Washington down the road to potential thermonuclear annihilation of Iran, seems to rest on the claim that by openly trading oil to other nations or buyers in euros, Tehran would set into motion a chain of events in which nation after nation, buyer after buyer, would line up to buy oil no longer in US dollars but in euros. That, in turn, goes the argument, would lead to a panic selling of dollars on world foreign-exchange markets and a collapse of the role of the dollar as reserve currency, one of the "pillars of Empire". Basta! There goes the American Century down the tubes with the onset of the Tehran oil bourse. Some background considerations That argument fails to convince for a number of reasons. First, in the case of at least one of the oil-bourse theorists, the argument is based on a misunderstanding of the process I described in my book, A Century of War, regarding the creation in 1974 of "petrodollar recycling", a process with which then-US secretary of state Henry Kissinger was deeply involved, in the wake of the 400% oil-price hike orchestrated by the Organization of Petroleum Exporting Countries (OPEC). The US dollar then did not become a "petrodollar", although Kissinger spoke about the process of "recycling petrodollars". What he was referring to was the initiation of a new phase of US global hegemony in which the petrodollar export earnings of OPEC oil lands would be recycled into the hands of the major New York and London banks and re-lent in the form of US dollar loans to oil-deficit countries such as Brazil and Argentina, creating what soon came to be known as the Latin American debt crisis. The dollar at that time had been a fiat currency since August 1971 when president Richard Nixon first abrogated the Bretton Woods Treaty and refused to redeem US dollars held by foreign central banks for gold bullion. The dollar floated against other major currencies, falling more or less until it was revived by the 1973-74 oil-price shock. What the oil shock achieved for the sagging dollar was a sudden injection of global demand from nations confronted with 400% higher oil-import bills. At that time, by postwar convention and convenience, as the dollar was the only reserve currency held around the world other than gold, oil was priced by all OPEC members in dollars as a practical exigency. With the 400% price rise, nations such as France, Germany and Japan suddenly found reason to try to buy their oil directly in their own currencies - French francs, Deutschmarks or Japanese yen - to lessen the pressure on their rapidly declining reserves of trade dollars. The US Treasury and the Pentagon made certain that did not happen, partly with some secret diplomacy by Kissinger, bullying threats, and a whopping-big US military agreement with the key OPEC producer, Saudi Arabia. At that time it helped that the shah of Iran was seen in Washington to be a vassal of Kissinger. The point was not that the US dollar became a "petro" currency. The point was that the reserve status of the dollar, now a paper currency, was bolstered by the 400% increase in world demand for dollars to buy oil. But that was only a part of the dollar story. In 1979, after the accession to power of the ayatollah Ruhollah Khomeini in Iran, oil prices shot through the roof for the second time in six years. Yet, paradoxically, later that year the dollar began a precipitous free-fall, not a rise. It was no "petrodollar". Foreign dollar-holders began dumping their dollars as a protest against the foreign policies of the administration of US president Jimmy Carter. It was to deal with that dollar crisis that Carter was forced to bring in Paul Volcker to head the Federal Reserve in 1979. In October 1979 Volcker gave the dollar another turbocharge by allowing interest rates in the US to rise some 300% in weeks, to well over 20%. That in turn forced global interest rates through the roof, triggered a global recession, mass unemployment and misery. It also "saved" the dollar as sole reserve currency. The dollar was not a "petrodollar". It was the currency of issue of the greatest superpower, a superpower determined to do what it needed to keep it that way. The F-16 dollar backing Since 1979 the US power establishment, from Wall Street to Washington, has maintained the status of the dollar as unchallenged global reserve currency. That role, however, is not a purely economic one. Reserve-currency status is an adjunct of global power, of the US determination to dominate other nations and the global economic process. The United States didn't get reserve-currency status by a democratic vote of world central banks, nor did the British Empire in the 19th century. They fought wars for it. For that reason, the status of the dollar as reserve currency depends on the status of the United States as the world's unchallenged military superpower. In a sense, since August 1971 the dollar is no longer backed by gold. Instead, it is backed by F-16s and Abrams battle tanks, operating in some 130 US bases around the world, defending liberty and the dollar. A euro challenge? For the euro to begin to challenge the reserve role of the US dollar, a virtual revolution in policy would have to take place in Euroland. First the European Central Bank (ECB), the institutionalized, undemocratic institution created by the Maastricht Treaty to maintain the power of creditor banks in collecting their debts, would have to surrender power to elected legislators. It would then have to turn on the printing presses and print euros like there was no tomorrow. That is because the size of the publicly traded Euroland government-bond market is still tiny in comparison with the huge US Treasury market. As Michael Hudson explains in his brilliant and too-little-studied work Super Imperialism, the perverse genius of the US global dollar hegemony was the realization, in the months after August 1971, that US power under a fiat dollar system was directly tied to the creation of dollar debt. The US debt and the trade deficit were not the "problem", they realized. They were the "solution". The US could print endless quantities of dollars to pay for foreign imports of Toyotas, Hondas, BMWs or other goods in a system in which the trading partners of the United States, holding paper dollars for their exports, feared a dollar collapse enough to continue to support the dollar by buying US Treasury bonds and bills. In fact in the 30 years since abandoning gold exchange for paper dollars, the US dollars in reserve have risen by a whopping 2,500%, and the amount grows at double-digit rates today. This system continued into the 1980s and 1990s unchallenged. US policy was one of crisis management coupled with skillful and coordinated projection of US military power. Japan in the 1980s, fearful of antagonizing its US nuclear-umbrella provider, bought endless volumes of US Treasury debt even though it lost a king's ransom in the process. It was a political, not an investment, decision. The only potential challenge to the reserve role of the dollar came in the late 1990s with the European Union decision to create a single currency, the euro, to be administered by single central bank, the ECB. Europe appeared to be emerging as a unified, independent policy voice of what French President Jacques Chirac then called a multipolar world. Those multipolar illusions vanished with the unpublicized decision of the ECB and national central banks not to pool their gold reserves as backing for the new euro. That decision not to use gold as backing came amid a heated controversy over Nazi gold and alleged wartime abuses by Germany, Switzerland, France and other European countries. Since the shocks of September 11, 2001, and the ensuing declaration of a US "global war on terror", including a unilateral decision to ignore the United Nations and the community of nations and go to war against a defenseless Iraq, few countries have even dared to challenge dollar hegemony. The combined defense spending of all nations of the EU today pales by comparison with the total of current US budgeted and unbudgeted military spending. US defense outlays will reach an official, staggering level of US$663 billion in the 2007 fiscal year. The combined annual EU spending amounts to a mere $75 billion, and is tending to decline, in part because of ECB Maastricht deficit pressures on its governments. So today, at least for the present, there are no signs of Japanese, EU or other dollar holders engaging in dollar-asset liquidation. Even China, unhappy as it is with Washington's bully politics, seems reluctant to rouse the American dragon to fury. The origins of the oil bourse The idea of creating a new trading platform in Iran to trade oil and to create a new crude-oil benchmark apparently originated with the former director of the London International Petroleum Exchange, Chris Cook. In a January 21 article in Asia Times Online (What the Iran 'nuclear issue' is really about), Cook explained the background. Describing a letter he had written in 2001 to the governor of the Iranian Central Bank, Dr Mohsen Nourbakhsh, Cook explained what he advised then: In this letter I pointed out that the structure of global oil markets massively favors intermediary traders and particularly investment banks, and that both consumers and producers such as Iran are adversely affected by this. I recommended that Iran consider as a matter of urgency the creation of a Middle Eastern energy exchange, and particularly a new Persian Gulf benchmark oil price. It is therefore with wry amusement that I have seen a myth being widely propagated on the Internet that the genesis of this "Iran bourse" project is a wish to subvert the US dollar by denominating oil pricing in euros. As anyone familiar with the Organization of Petroleum Exporting Countries will know, the denomination of oil sales in currencies other than the dollar is not a new subject, and as anyone familiar with economics will tell you, the denomination of oil sales is merely a transactional issue: what matters is in what assets (or, in the case of the United States, liabilities ) these proceeds are then invested. A full challenge to the domination of the US dollar as the world central-bank reserve currency entails a de facto declaration of war on the "full-spectrum dominance" of the United States today. The mighty members of the European Central Bank Council well know this. The heads of state of every EU country know this. The Chinese leadership as well as the Japanese and Indians know this. So does Russian President Vladimir Putin. Until some combination of those Eurasian powers congeal in a cohesive challenge to the unbridled domination of the United States as sole superpower, there will be no euro or yen or even Chinese yuan challenging the role of the dollar. The issue is of enormous importance, as it is vital to understand the true dynamics bringing the world to the brink of possible nuclear catastrophe today. As a small ending note, a good friend in Oslo recently forwarded me an article from the Norwegian press. At the end of December, Sven Arild Andersen, director of the Oslo bourse, announced he was fed up with depending on the London oil bourse trading oil in dollars. Norway, a major oil producer, selling most of its oil into euro countries in the EU, he said, should set up its own oil bourse and trade its oil in euros. Will Norway - a member of the North Atlantic Treaty Organization - become the next target for the wrath of the Pentagon? F William Engdahl is author of A Century of War: Anglo-American Oil Politics and the New World Order (Pluto Press). He can be reached through his website, www.engdahl.oilgeopolitics.net. (Copyright 2006 Asia Times Online Ltd. All rights reserved. Please contact us about sales, syndication and republishing .) What do ya' think ?
Copy-n-paste is easy; you could have just saved the brainwork by indicating the link! You should try some brain exercise, and attempted to formulate your own digested thoughts. …just an idea! Please Register or Log in to view the hidden image!
IRAN is not IRAQ , America will have to pay heavily and may be dearly in their homeland. Do U think thoes who buy oil from IRAN will sit back and just watch ?
What is depeleted? hasreached? hafe? I think you mean have. Known, right? Prop-a-gan-da. Bascially? Is that a new type of Bisquick? New face wash, perhaps? tis(k) tis(k) tis(k). Jesus fucking christ. I know I'm not the only person on this forum who abhors Duendy's grammar, spelling, and punctuation (or lack thereof). Spelling words right goes a long way for your image, if you're interested in being perceived as an intelligent, productive member of SciForums. I will honestly spend $15 out of my own pocket to buy you The Phonics Game, since every time I read a thread you have plagued with your blatant butchery of the English language, I want to just quit life. Good fucking gracious. Ok, I'm done. AmishRakeFight
The people who bought oil from Iraq sat back and watched, what makes you think that the world community will act any different to Iran? I think that the world community will take great pains to stop military action between Iran and the USA, but honestly, I think that Russia and China WILL send troops to Iran if it comes to it. I don't think, strategically speaking, China will want two large nations in the ME to be "owned" by the United States. You have to think about the ramifications ten years down the line. AmishRakeFight
