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China Tells U.S. What It Can Do With Its Iran Oil Import Sanctions
While the US magnanimously decided to exempt several nations from U.S. sanctions on Iranian oil imports, it appears the Chinese government has indicated it has no plans to change its position on oil purchases from Iran. As Voice of America reports, China's FinMin spokesman Liu Weimin said the purchases are necessary, because of its economic development, describing their 'purchase channels' as 'completely legal' and 'normal, open, and transparent'. China is the world's largest buyer of Iranian oil and is the last remaining major importer exposed to possible penalties when the U.S. sanctions are imposed, likely later this month. When asked if China and the United States are still in discussion about the sanctions, the spokesman would only say that Beijing has clearly informed Washington of its position. China's purchases of oil from Iran declined earlier this year, but analysts say the cutback was the result of a price dispute. Purchases went back up in April and have continued. Raise to you Hillary.
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I keep thinking about what Celente said last year. First there is currency wars, then trade wars, then real wars...
Aha Lonestar! I see that you also have The Schwartz, and it is as big as mine!
...to Hell with the China Communist claim of dominion, to Hell with all the nations that trade with China, and to Hell with every last scumbag that thinks judgment shall not come upon all the nations that have compromised their own claim of freedom so a profit is made so long as freedom is aborted and in a Chinese prison. Let every host perish that harbors the China market gains and may the penalty begin to fall upon every host that stands in agreement with China now.
http://www.youtube.com/watch?v=ZPd-xQ2NrGU
THIS... :-)
This is why I love Zero Hedge.
The insightful articles/analysis and Comments.
You guys all rock.
(well.. except for black-hole-of-death perhaps)
...if you do not put yourself in the ''Blog Tank Man's'' jail cell, if you do not abort yourself in the Chinese womb etc... you are saying you are a fascist scumbag and a murderer. Your only hope is that there is no mercy to be known or found after you are dead. So, live it up! ...and eat as the beast in the field, and be ''compromised'' in comfort.
...but
If you are wrong, I'll be there, with others, to remind you that dinner is served in due season.
Lol, I hope your dusty ass does not think a market zombie is not risen and the image of the Suicide Vampire Squid's market offer is just a ''trade the market at hand'' reality that will not hold all to account. Lol. Not even the golden calf crafted by those monkeys will unseal the coming judgment, now rising in our Great Wal Mart of China Novus Ordo Seclorum Fiat World of ''In The God Of The Debt Note We Trust''. http://www.biblegateway.com/passage/?search=Revelation%208:%201-5&version=ESV
Let those prayers (and or cries of all that suffer the indignation) in the cells (of China etc...) rise upon all, and the empty womb become all in spirit this season, our generation, so all may eat in due season the sustaining fruit of life and freedom in agreement with mercy, mercy which is a defined act of the here and now that assures the future does not judge us in contempt.
Is not the market the perfect messenger of what is in store for the future? and is not Zero Hedge one of the best mirrors, as you have said? If anyone should remain fasting, and without mercy, filled with contempt, let the reward come quickly to all whom buy sell and trade life and freedom away in the name and image of the Suicide Vampire Squid Beast of the Great Wal Mart of China ...on fire!!! ...so that the great and terrible day quickens it's pace and arrives upon us, rather than another generation should pay the price for our indignation we would have set upon them for our own sake at their expense.
If anyone could free them, would they not now make an effort in word or deed? If anyone could save them, would they not now? ...or shall persons remain as they were, without cause, having made no effort at all to try or even speak in protest? ...like the man in prison in China right now, so Yahoo CISCO Google etc... can claim to be doing, unashamed, their effort to make the world a better place for those not in the cell as a result?
I recommend you do not provoke a response from someone you think is a fool, and out of place as defined by your image, unless you mean to expose them for being guilty of being a pathetic moron that would think there is no Truth or consequences for trading away your own principles of freedom and life, for instance, an ass like me, as you have so defined for even mentioning a word in judgment against the Chinese and the nations that favor trading away mercy in deed and in spirit, as with all persons that wilfully accept the principle do. Just remain silent and so will the moron.
Hillary has no time to yell at China with all the Russian Helicopters attacking her 'activists' in Syria
What screws my head up is that the only sustainable way for the US to get out of this currency mess is a fundamental reworking of global currencies.
So much would have to go into hashing out a non-debt based / non-interest charging by private institutions global currency that, if / when things get bad enough to entertain the notion; it's hard not to imagen something like the pre planned bailouts package being thrusted.
We could do even better than a gold standard.
What you'd suggested IS the gold standard.
Not necessarily.
Nor would it positively ensure America lands on it's feet, given the debt / unfunded liability dilemma, a fundamentally destroyed property market and the cascading mountain of digi dollar derivatives to have faith be lost in (assuming we really still have all that gold in Fort Knox).
Having reserve currency status as a fiat, the dollar, in many ways has taken the historical role of gold.
Perhaps if the IMF wealth tally of nations was adjusted to have debts erased / wealth preserved / nations developed, with:
- the scope of corporations limited
- tax systems reformed
- educational systems aimed to develop the brain
- suppressed technology utilized
and amnesty granted to those who may feel painted into a corner;
a non-debt based global currency (autonomous from private interests) could be created and managed from the Austrian school of economics for each country, with factors like GDP, infrastructure, communication, medical and population taken into account.
Doomed from the inception without brilliant / inspired minds focused on liberty, efficiency, stability, safeguarded from tyranny or creating a socialist hell.
An idea for ideas isn't a solution, but, things have shaped up to where it seems to be in most everyones interest. You would think an environmental cataclysm was known to be imminent.
My bad. I mean: "Hill dog should have dumped his cheating ass!"
China will just counterfeit up some of their own oil. Problem solved.