Iran plans to open oil bourse in Feb/2008

Here's a link to an excellent article about this:

http://www.energybulletin.net/12125.html

The danger to the US is not just that the Iranians will sell oil in Euros. It's that the bourse allows other countries to do the same. There's no way the US will allow that to happen.

Kish Island, where the bourse is located, is right on the Persian Gulf, within easy reach of US aircraft carriers.... I bet an attack on the bourse would have to be done covertly. The usual excuses -- accident, provocation, etc -- are unlikely to fly.
 
Induction too H.R. 393

Oh my god...From what I can discern from this, we're going to war VERY soon now...:(

Some time ago Charles Wrangel put forth a plan for a draft. This was last year and was brushed off as though he was simply drawing attention to himself and as a ridiculous anti-war stance. Yet, it still remains in place ready for action and as far as I know has not been withdrawn from either house. So, for what it's worth in case they need it there it is. I mean if it's no big deal then why have it on the table.
http://www.govtrack.us/congress/billtext.xpd?bill=h110-393
 
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Some time ago Charles Wrangel put forth a plan for a draft. This was last year and was brushed off as though he was simply drawing attention to himself and as a ridiculous anti-war stance. Yet, it still remains in place ready for action and as far as I know has not been withdrawn from either house. So, for what it's worth in case they need it there it is. I mean if it's no big deal then why have it on the table.
http://www.govtrack.us/congress/billtext.xpd?bill=h110-393

Rangel has done that the past 3 years. It hasn't been dropped from the slate because they have stimulus packages to deal with. Expect the wiretapping issue to come up next. The last bill will end in February, I think.
 
Great video. Thanks for sharing. It does looking like we may be invading Iran some time soon.
 
It's time to face the music

The binge party is over!
The mistakes are Grandfathers made in 1913
are too late to change without pain. Big currency pain.

We are still blessed with the greatest weapon for
our survival. Our Constitution!!

And we just happen to have at our doorstep the
one and only man of the hour to help us through.

RON PAUL!!

It's going to be a tough go getting him in, and
a tough road after that, but we can do it by sticking
to the law of the Constitution.

Iran may just be unwittingly helping us by starting
this at this crucial time.
 
A question.

I get the sense Ahmedinejad is about three steps ahead of Bush. He knows that by pursuing his Bourse he will be met by a full frontal US Military attack probably via malignant Israel. Why oh why would he/they risk the destruction of Iran (possibly nuclear) and further destabilization of the entire region just to specifically antagonize and taunt America???
 
between this news and the multiple, very suspicious underwater communications cable cuts in the middle east, i have to say i'm a little nervous that we're on the verge of something bad here..
 
between this news and the multiple, very suspicious underwater communications cable cuts in the middle east, i have to say i'm a little nervous that we're on the verge of something bad here..

sources?
 
I've been expecting something like this for a while.

The whole bourse thing came up in 2006, but was put down internally in Iran (probably with some gentle suggestions from us). Now it's coming back with the implicit support of other, bigger players.

1. We're already over there, so we could respond very quickly militarily.

2. We're already over there, so our military is highly taxed and worn out right now.

We're caught in a trap economically. It really does say something that overreaching "empires" (read: "superpowers") are brought to an end via currency devaluation and economic problems, historically.

However, I don't see a conspiracy anywhere. The world is in our shit as much as we are...financially, that is. Just look at how the asian markets respond to bad news in the U.S. I think politicians more or less react to these big events...not plan them. Meaning: they're not smart enough to be prescient, but they do know the consequences as the issues come to light.
 
The underwater cables cut off Africa, and the middle east except for Israel. This stopped market trading (middle east), effectively shutting down the bourse.

Reports said it was a ships anchor that cut the under water cables.

On 2 continents, 3 cables cut on the eve of the bourse implementation.

And you say this isn't an act of war?
 
I am a marine surveyor and my whole job is to make sure the barge I work on doesn't drop anchors on pipelines and communication cables. I also collect gps data when laying pipes or communication cables for the MMS which is a government agency. I would say that does happen but its not likely happening multiple times in such a short amount of time.
 
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