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The West Blinks - Iran Embargo Likely To Be Delayed By Six Months
UPDATE: Oil Sub $100.
And so the escalation ends, if only for the time being, as Iran chalks a (Pyrrhic?) victory.
- EU IRAN OIL EMBARGO SAID TO BE LIKELY DELAYED BY SIX MONTHS
Why? Because the world slowly realized that the potential surge in oil prices would tip a world already on the verge of a recession even deeper into economic contraction. Not rocket science, but certainly something the US president apparently has been unable to comprehend, especially if hoping that he would merely transfer exports from Iran to his close ally Saudi Arabia which would cement its European market monopoly even further. Or, perhaps, someone just explained to Obama that Embargo in January + QE3 in March = No Reelection...
In other news, crude is now dumping.
Reuters on the topic earlier:
U.S. allies in Asia and Europe voiced support on Thursday for Washington's drive to cut Iran's oil exports, though fear of self-inflicted economic pain is curbing enthusiasm for an embargo that a defiant Iran says will not halt its nuclear programme.
On Thursday, Japan, whose economy is already deep in the doldrums after cuts in its nuclear power supply following last year's tsunami, pledged to take concrete action to cut its oil imports from Iran in response to an appeal for support from visiting U.S. Treasury Secretary Timothy Geithner.
However, Tokyo's support was not without reservations.
Finance Minister Jun Azumi said Japan buys 10 percent of its oil from Iran. "We would like to take action concretely to further reduce in a planned manner," he said. But he added: "It would cause immense damage if they were cut to zero."
The European Union is more sympathetic to U.S. pressure on Iran. EU foreign ministers are expected to agree on a ban on imports of Iranian crude oil on Jan. 23.
However, even Europe, whose governments largely share the concern of Israel and Washington over Iran's nuclear ambitions, is looking for ways to limit the pain of an embargo.
"We expect a slow and gradual implementation of what will eventually become a full embargo," said Mike Wittner from Societe Generale. "Europe has the same concerns about its fragile economy and an oil price spike as the U.S., probably even more".
Firms in Iran's three biggest EU oil customers, Italy, Spain and Greece, all suffering acute economic discomfort, have lately extended existing purchase deals in the hope to at least delay the impact of any embargo for months, traders told Reuters.
The European Union is more sympathetic to U.S. pressure on Iran. EU foreign ministers are expected to agree on a ban on imports of Iranian crude oil on Jan. 23.
However, even Europe, whose governments largely share the concern of Israel and Washington over Iran's nuclear ambitions, is looking for ways to limit the pain of an embargo.
"We expect a slow and gradual implementation of what will eventually become a full embargo," said Mike Wittner from Societe Generale. "Europe has the same concerns about its fragile economy and an oil price spike as the U.S., probably even more".
Firms in Iran's three biggest EU oil customers, Italy, Spain and Greece, all suffering acute economic discomfort, have lately extended existing purchase deals in the hope to at least delay the impact of any embargo for months, traders told Reuters.
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oddly, the crazies will think this strengthens the war drums... sanction won't work, we have no choice now but to bomb man woman and child into submission- NWO.
Too poor to start da war!
LOL, say what you want but you couldnt pay for entertainment better than this!
Corollary: Iranian Rial appreciates?
Their finances better improve really fast. Close the Straights and then sell the oil to China at a way higher price anyway. We are betting that Ahmedinejad rolls back the crazy if we send the price of oil, and therefore his income, lower? Or something... Anyway, looks like *someone finally figured out that oil at $150 will wipe out the world.
Sanctions work a number of ways.
In the past they've been put in place just so some "special" people could go in behind closed doors and price gouge.
EU does what EU does best: delay delay delay
Good thing is the last willing supplier of oil to Greece can continue doing that. The bad thing is that Greece still has no money to pay for it.
Kicking the can is a global phenomena. If they ignore issues for long enough, they hope they go away.
or we will magically "grow" our way out of it.
Europe is the anti-Honey Badger for sure.
Greece just made good on purchase of 300 mil worth of military stuff....that bailout money sure did come in handy!
Shocker! The Europeans demonstrating that they have not the will to enforce their rhetoric? Pffft...let me write that in my diary.
OT:
HYG is about to add to the long list of sell signals today. And now that the HFT in America has completed the bailout of every last banker idiot that bought yesterday's close with both hands, the plunging and screaming can now continue.
Yup. HYG looks like it's literally at the edge of a cliff.....
It will go over, and later on @ ZH, you can read about this divergence for going on five days now. And of course, once that line breaks, the one both of us see, coupled with the break on oil, added to today's bad data, and with the cherry on top that volume confirms absolutely nothing ...the "Context" boys will explain that once again, equities are utterly clueless.
Just sayin'...
http://blogs.cfr.org/zenko/2012/01/09/irans-nuclear-program-what-intelli...
http://www.rawstory.com/rs/2012/01/09/panetta-admits-iran-not-developing...
you do realize that rising oil price is the only thing keeping the world from falling into deflation?
Oil price falling means any excess USD not used in purchase/settlement has to find a home elsewhere.
Yes, it means people will resume paying their morgages and revolving credit.
The American consumer is as dead as a doornail.
Rumors like Fleetwood Mac. Who cares what they say, it's what they do, and they are doing the same shit they always have- make up a bunch of bullshit and then disregard it a few days later.
I suggest we shove a big Tusk up their asses, Tango In The Night and do The Dance to end this Mirage. Let's expose those Behind the mask. Say you will do it.
Exactly. They know the more it goes up and faster the faster and harder everything is going crumble on the way down.
we're better at droning on than staring contests
LMFAO!!!
But don't worry it's not common sense prevailing, they just don't have everyone on board.
How many Rubles and Yuan does it take to buy a barrel of oil again?
You got that right. Just below the JCS, many officers unhappy with doing Iran. More than the politicians, they know what this aggression is going to cost. Lotsa planes, pretty ships, good men.
I wonder how many thousands of americans theyre going to have to kill this time to 'get everyone onboard'?
Note to self: stay away from stadiums and tall buildings until after the elections.
Oh good! Now I don't have to worry about a doubling in the operating cost of the 24-hour flaming oil fountain in my front yard.
HAHAHA.....HAHAHA.....HAHAHA
Yea! We're gonna have a slow, steady embargo...not now but in 6 months or a couple years maybe....see our economies are so imploded that it would crush ourselves by our own actions of sabre rattling....but dammit we REALLY mean it!
LOL what a clown show.
That's the funny thing about these peak oil empires. They don't get it. The military will not solve the economic, energy or resource deficit, they only add to it. The longer they play these stupid games the weaker they become. Idiocy. Paul gets it. Nobody else does.
The US military is part of our energy investment. But it's bleeding us dry because the military cannot procur what is not there.
Wrong revenue model there, guys. Should have invaded Canada when I told you to.
yes, the military is part of our energy portfolio but it's still a riculously poor investment. Iraq has some of last sweet crude but that doen't mean the Iraqis are stupid enough to hand it over to us. On the contrary, we were stupid enough to severely under estimate the price of our investment and the ease of the swindle. These actions have very little to do with long term, intelligent energy strategy and everything to do with a criminal cartel who don't want their "power" base to change. In the end, these wars will be the most immoral and self defeating strategy this country has ever produced.
Bad news.
Now they need the false flag event on US soil. They were hoping that public support would have came in a little stronger to just go ahead and drop the bombs. Now you've put them in a corner, they have to do something drastic.
My thoughts exactly. I was just thinking today: It has been 11 years since 9/11.....
The number 11 is very important to the occulstis-masonic-luciferian TPTB crowd....all kinds of things have happened on that day.
I could care less about that number....but they totally plan their lives around it. Just sayin'....
News headline this fall:
"On October 11th, 111 'Iranian terrorists' set of dirty bombs in 11 American cities. Channel 11 in Phoenix has aired the photos of the terrorist just 11 minutes after the attacks. We have 11 reporters at the local scene estimating that 11.011 people are confirmed dead at this time."
and this is one of the reasons Admiral Mullen said our debt is a major national security threat. we can't even use soft power against Iran because oil at $150 means Ben can't print, and if Ben can't print then the ponzi collapses. so instead have to live with crazed near-nuclear mullahs calling our bluff.
Unhappy Zionist. Has to delay his WARgasm for 6 months.
If Zionists control and rule everything, why would they be unhappy? They'll just change the rules of the game to win.
Some rules don't change. Such as : the higher the Jews rise, the farther they fall. Been true for 3,000 years. Soon to be true again.
@ CompassionateFascist, absolutely!
More like Mossad, MI6 and CIA need some additional time for more Covert/BlackOp/PsyOp distalibization time. Hey, where's Al CIA Duh when you need them?
err, what? you somehow managed to completely invert my comment. do you realize war is now more likely because we can't effectively utilize soft power?
I'll see your crazed near nuclear mullah and raise you with two over the cliff and out to lunch presidential candidates
No (oil)crisis. No collapse. Told you soooooooooo. Boring world we live in.
It's days like this that I miss the perfect tick-for-tick oil/SP500 correlation... sigh.
What a bunch of idiots. I wonder what aliens would think watching these bafoons on TV. The sad part is that this is the best we can put up to run our countries.
Hilarious.
I told you guys oil would fold like a cheap suit
If Iran didn't back down, they would have smoked it anyway with unlimited paper shorting on the NYMEX.
Where's that guy Puplava?
Martenson?
Kunstler?
What happened to "Peak Oil" and "Resource Scarcity"
LOL....
So a 1 day knee-jerk-reaction-news-trade somehow invalidates long-term commodity trends? Interesting thesis, good luck with that, momo.
Still bummed out that you sold all your gold at $900?
robo still reeling from his ludicrous statement "consumer stronger than ever".
I think he was leveraged long SHLD in anticipation of expectations-exceeding holiday sales. Oops!
I'll call his mom and tell her to bring down some more oreos and milk, that usually helps with the dry heaving.
btw, stock up on USO, oil under 100 will look cheap once the iranian war begins post obamaromney election victory (sorry, im a ron paul supporter, bumper sticker and all, but im not on hopium)
I think Obamney works better personally, although Romnama isn't bad.
My reply from another thread that robo puked on, and I will cut-n-paste it repeatedly as to provide him a huge STFU enima:
Look Robo, you are completely transparent in your sell-side-like selective bias and repeated attempts at disinformation dissemination. It's also very obvious you work for one of the establishments responsible for injecting the mass lie. Seeing your lack of creativity or spark of any intellectual presence day in and day out leads me to the assessment that your affiliation is with a MSM, TBTF, hedge fund or market related govt entity.
No one here is suckered by your horseshit, and the fact that doesn't stop you, (even through huge negative feedback), only serves to reinforce my assessment of your challenged intellect, morals, and ethics.
You are a pure bottom feeding leech of an institutional troll, and a shining example of why ZH exists…not to mention, flourishes.
Every site needs a few Devil's Advocates...just use a long spoon.
ZH granted Robochump some privileges that other members did not have (e.g. posting charts and graphs). I have long suspicioned that Robo is only here to stir the pot.
now if there were only three guys and no evidence, you might have a point
Robot, you amoral SOB. You rejoice in the illegal paper manipulation of markets and destruction of honest traders. You should get a job at Goldman Sachs and be Blankfien's bitch. Or you prefer Jamie?
Oh... Oh... you work for the squid already.
I thought there was something weird with the $103 oil and $2.90 gasoline...seems they knew all along it was all just BS posturing.
$2.90?
http://gasbuddy.com/gb_gastemperaturemap.aspx
I'm guessing, then, that you live in... Colorado, Utah, Idaho, Montana, Wyoming, Montana, or New Mexico.
Ain't no gas at $2.90 east of Texas.
Colorado.
Diesel has been at $3.85-9 for weeks here in NOVA.
$3.15/gal in podunk East TX......over n' out!
No doubt that Russia and China's unwillingness to go along with the sanctions had more than a little to do with this decision.
LOL!
Wow, such resolve from our "allies".
Things must be going just great over in Euroland for them to make this decision and keep prices lower, eh?
*cough*
I'manutjob must be laughing it up right about now.
Wow, so many retailers warned yet the XRT hasn't budged off its highs.
It's all about the "Resilient Consumer".
Joe Six never runs out of free credit card money to spend on iPads, Nike Shoes, Chipotle burritos or whatever.
You are a troll. Everyone knows you are a troll. You continue to post bullshit anyway. This makes you a troll with obvious goals of conducting emotional disruption via nonsensical and unintelligent bantor.
See my reply to your post above, if you can read.
RoboTarder arrogant yet with the worst posted trading record ever. Hillarious.
@long soup line---robo is the elder retard of zh, but not a troll. hes been here from the start, and who can compete with his 100% hindsight investment strategy?..now if we could all only get a hold of a time machine to implement his calls.....................
if youve read enough of robos comments, his "platform" is not that the system hasnt run afoul, its that TBTF/TPTB are both the players and the referees in the game, and that makes it hard to lose, which is reflected in the continuing run-up in stocks, low treasury yields, etc.............
Our friend Robo has a point; debt seems to be the new green in our Keynesian Ponziconomy.
Student loan debt, credit card debt, trillions in securitized failed mortgages in dark pools at Fannie/Freddie waiting to be sold to pension funds, not to mention sovereign debt and unfunded yet already taxed entitlements.
When will it run out?
When the next US carrier tries to run the Straits, or when the last bar of gold in Ft. Knox has been smuggled off to Tel-Aviv. Whichever comes first.
This gives them time to assassinate more nuclear engineers...much easier.
It looks like they poked the bear one too many times:
Newspaper Calls for Killing Israelis in Retaliation for Nuke Scientist Assassination
January 12, 2012
An influential Iranian newspaper has called for killing Israelis following the assassination of a chemistry expert and the director of the Natanz uranium enrichment facility, Mostafa Ahmadi Roshan.
http://www.infowars.com/newspaper-calls-for-killing-israelis-in-retaliation-for-nuke-scientist-assassination/
How is this any different than the Death to Israel Death to America chants outside the mosques every Friday?
"Death to Israel" not = death to Jews. Tens of thousands of Jews live in Iran now, quite comfortably. And, when Israel is no more, I'm sure there'll be more than a few residing in Palestine...with the rest joining the 3 million "ex"-Israelis now living in America.
No one in Iran lives comfortably. Why would you say the Jews are doing so? I wouldn't hold your breath waiting for Tel Aviv or Haifa being overrun by Arabs or Perisans anytime soon.
That's not true, I'm sure a very small elite live quite comfortably. It's a lot like America
I know plenty of Jews in Iran who wouldn't leave for the world. Stop believing the media, it's all BS.
Which brings back the question, is it better to have them here or better there?
Damn that Madagascar was not a bad idea... But maybe Mars theese days
All together, in one place.
"But maybe Mars theese days"
Funny, Karl, but that's what I ultimately see happening to the Chosen.
Dominating the asteroid belt.
How low does oil go now?
Presently down....a whole BUCK FIFTY from open? WOW what a plunge!
Ok, you're on record that $99.30 is the low.
snarc: Ohh noes. 6 more months of the following (choose one or more)
'Super canon'...OH NOEZ!
Yea and something VERY fishy about that 'viral video' of Marines pissing all over dead Muslims which the media finally had to cover yesterday...funny thing is it was the MEDIA that made that video viral, I had never seen it until yesterday on CNN!
yeah. I dont know if it was discussed here on ZH but I saw some stuff this morning on it. Looks like we need a big dust up on both sides with true emotion (rage,disgust, bargaining, denial) 'cause the rubber duckies (carrier groups, fallen drones, pirate rescues, "easy to close the straights") stuff did not seem to get the people talking about the "dirty towel heads" and (vica-versa) the "inbred, illiterate american occupiers."
EDIT: And for those not old enough to remember, the "super cannon" was "Project Babylon" that the MSM hyped up as one of the reasons for gulf war one. the MSM looped footage of the thing every 15 minutes. They also put it in the play rotation after 9-11.
Everyone knows, as documented in wikipedia. Super guns are largely a rally device for nations who cant afford to build things like aircraft carriers and jet fighters. They are easily detected and destroyed before they ever fire a shot. (you cant move them, and a single bomb makes them inoperable)
That particular "supergun" was more of a vanity project for the creator, tho.
Uruknet.com had it on facebook a day before.
FIRST QE3! after that bombs away!
Sure, put the blame on Europeans who are not on board with another senseless war to protect the US hegemony and that stinkin' ole' reserve currency.
In fact the US is broke and can't afford to take the aggressions to the next level. There is too much headwind against the US in the mideast theatre.
Withdrawing from Iraq due to financial issues. Uncle Sam can't afford to keep them employed. Let's call a spade a spade. The men and women coming home to what? No jobs and no hope for a job either.
The US is not in the same position it found itself in 1913 or in 1939. By now everyone with more than a Hollywood based miseduction is able to understand that the protection and expansion of US financial interests played a vital role in the two great wars.
There's no honor fighting for the survival of your nation's corrupt bankers and their FIAT.
The men and women coming home from Iraq not having jobs? How many of them are going directly back into the workforce? I never understood why Fox News keeps bringing that point up. Wasn't it mostly full time military who were the last ones to leave Iraq? Are we throwing them out of the Army since we're out of Iraq?
How much Army can you afford to polish tanks or RPG launchers?
Not coming home. Most in Kuwait, awaiting orders to seize Iranian shore of the Hormuz Straits.
Well there you go. So they're not coming home to no jobs.
"There's no honor fighting for the survival of your nation's corrupt bankers and their FIAT"
Well there goes post of the year shot and so early.
Our douchebag leaders are blinking because the West is in a position of weakness, while Iran has been preparing for this singular confrontation for years. If Iran doesn't get nukes under a loser like Obama, they know they never will -- and they know it, so this is it for them.
Our dear leader of the free world, Obama, clearly gave Iran the big green light to produce nukes through his overt appeasement rhetoric before he was even elected. He further put us in a position of weakness by cutting off our domestic supplies. Now the dumbass realizes what the landscape for war really looks like and the messy calculation of $8 gallon gas does not look good for BHO's reelection prospects.
Thats what I think, this isnt some 'masterful chess move' this is the west posturing, and then flinching.
Sad. Especially for a country that produced some of the best leader this planet has ever seen like George Washington or Andrew Jackson. And, Yes I know they weren't perfect, but at least they placed the interest of their nation ahead of theirs.
Just as an FYI, Jackson not only abolished the second national bank, but He also tried to abolish the electoral college. The same one that elected bush over Gore.
It appears the West has blinked, but have they?
I imagine this is because the US/NATO feel enough has been done to slow down Iran for the time being with the assaination of nuclear physicists, financial sanctions, currencies plummeting - give the Iranians 6 months to overthrow their government, that'll be the line getting spun in DC. Also halts the oil price rise which as mentioned above, would've fucked the West even more.
Problem with this strategy is the Iranians may well view it as the Wests bluff being called - this could embolden them. I don't support the Wests shenanighans in any shape or form but an emboldened Iran vs a perennially arrogant West could be dangerous down the line.
Why do you hate them? Because FOX News tells you to? Is AkmedJihad a bigger nutjob than BarrackHusseinOblamama? A man that can't even produce a proper birth certificate? It's all fucked up.
lol where have I said I hate them? I absolutely support their stand against Western propaganda and invasion, and their right to self determination and commercial realisation on the world stage.
I'm under no illusions as to the substance of our own Western leaders or their motives either.
What I am simply saying, which you seem to have misunderstood, is that Iran has a miltary & weapons & if they were to use them, or to put themselves in a position where they muct use them due to an (in)accurate assesment of Western frailities & their stomach for conflict, then that would be a worrying outcome for most of us.
The problem with these standoffs & tete a tetes is that both sides assume they understand what the other side has in mind, when it's pretty clear neither side has a scooby doo. Thus predicting an outcome is impossible & when you have several nations, all heavily armed doing so, its a worrying situation.
What I am simply saying, which you seem to have misunderstood, is that Iran has a miltary & weapons & if they were to use them, or to put themselves in a position where they muct use them due to an (in)accurate assesment of Western frailities & their stomach for conflict, then that would be a worrying outcome for most of us.
So you've bought into the *fear* mantra played so well by our criminal leaders.
"They MIGHT be developing nukes."
"They have an a military. They MIGHT do something."
"So we have to attack them first to protect ourselves from what they MIGHT do."
Some sheeple just never learn.
Jesus mate, learn to read will you. Where have I said a single one of things in my post? Going around calling people 'sheeple' doesn't make you look 'in the know' or smarter than anyone else, particularly when you demonstrate an inability to understand a relatively straightforward post.
For simplicity and clarity > There are tensions in the Middle East. Several parties are very well armed. A conflict of any nature is a bad outcome for most people.
Is that easier for you to understand? Is there any mention of which news channel i watch, what my position on US foreign policy is or a defense of it? Have I stated that Iran is a threat to our freedom or that they are the aggressor in this situation? Have I advocated a pre emptive strike on Iran as a necessary action because of the things above that I HAVEN'T said in any of my posts?
Sad, but the trolls seem to be having a bad effect on everyone with their nonsense. While I am new to posting, I have read this site on a daily basis for well over a year. Perhaps the ill informed are making everyone a little quick to jump to conclusions?
Perhaps, you're a more generous individual than me; stalking around the internet calling people sheeple does not demonstrate that one is any better informed than anyone else, particularly if one ignores the context of the post.
So I guess Russia really does need iran to hedge it's risk of selling oil to a bunch of cunty psychopathic europeans with cunty psychopathic banking leaders.
lol paulie gualtieri is that you??
And once again, the winners of this temporary oil surge and the subsequent dump.......THE ZIONISTS!!!!!!!!!! YEEEEEHHAAAAAHHHHHHH!!!!!!!!
I dont see any clear 'huge jackpot' winners here, oil consumption is way down. So what the price dropped a couple bucks, big deal.
Today. Oil going to $85 by Feb.
You dont know that, in this insane paradigm oil could be back over $105 by tomorrow.
Poor Netan-Yahoo.He gotta do something.Another raid in gaza?Few more west bank villages levelled?
Yahoo's office walls probably splattered with matzoballs....I bet he's furious.
Lower oil prices will be Iran's undoing. Not military posturing or sanctions which only move the price higher (for everybody except China). Six months, after oil is cut in half by the Depression, should just about do it.
I'm thinking china just might buy 100% of their oil. Maybe iran will even give them a little discount for the good gesture. A bit off topic now, but we really do need huge duties on imports. Create some jobs here, at least make usa a bit more self-sustaining in the event of global meltdown. We have our homes built and are able to produce adequate food internally. Besides evil, selfish intent, our only deabilitatinig expenses I see are imports, specifically oil. Reduce our dependency on these. The only way out is to create jobs-American made products. The debt obviously needs to be addressed.. devalue the dollar. As sad as it is trillions need to be printed while buying gold and silver behind the back. Its the only solution I see. Dirty tricks for sure! But that's the norm anyways.
Told ya so.
But but but....
U.S. sanctions China state trader for dealing with Iran energy sector (Reuters)
And anyway, as Lindsey Williams said... no war with Iran until just before the US election.
AND there's also the Bilderberg meeting in Haifa, Israel in the coming months... so they don't want to be disturbed.... no war before that meeting.
Hmmm... Haifa, thats interesting! I might even say significant!
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p44484801198
When do all the "war imminent" losers admit they were wrong?
So far you have found it easier to create another imagined reality to cover your pitiful little butts.
The idea that the Shia President would go to war with Shia Iran was laughable from day one.
War will happen. In October.
The goalposts will move easier if you mount some wheels on them.
Exactly. It's not idiot military analysts who have been writing books for the last fifteen years screaming about the imminent war between Iran and Israel/USA. No different than 19th century preachers screaming the apocalypse is coming SOON!
Don't underestimate Nutball Netanyahu.
It's not rocket science when you realize the stupidity of such an action. Especially when many of those nations only have a 12 -14 day supply of heating oil, in the face of an spigot turnoff.
For an embargo to hold, there would need to be enough excess production capacity to replace Iranian output. Right now, there isn't.
If the world goes into a deep recession, then an embargo might become possible. But if economic activity picks up over the next six months, you won't have an embargo then either. There is no support for an embargo in Asia, only weak support in Europe, and actually not so much support even in the US, considering that this is an election year.
The only wild card that I see is that Israel might bomb Iran on its own. Without US support this doesn't seem likely, but you never know.
If Israel bombs Iran I hope Russia and China turn that shitty little strip of desert to glass & ash.
Nuking Israel off the map would solve a lot of geopolitical problems in this world.
But then China wouldn't have to lift a finger, Russia would be more than glad to do it.
OT: S&P speaks, 25 sovereigns and 60 banks on downgrade list. We are getting close.
you mean a second downgrade?
E.U. Embargo is immaterial. count on Israel to bomb Iran and Stem the flow of oil to Europe. count on massive depression no matter how you slice it.
neoconistic tendencies present a difficult vice to to overcome, have patience with these persons, take extra time to educate them what their establishment Republican party has become when it left it's founding principals and doctrines. Time will cure all evils even an evil neocon, I know this because I used to be one, though somebody took the time with me to educate and retrain my mind to think about how things used to be instead of how TPTB want us to think and feel.
the capacity of the human mind to reject information is infinite, so take extra time to teach and encourage and you will have success.
+1 Lazane
Ain't seen a night
Things work out right
Go by
Things on my mind
And I just don't have the time
And it don't seem right
Ain't seen a day
That I don't hear people say
They know they're gonna die
Now, this may seem a little bit crazy
But I don't think you should be so lazy
If you think you've heard this before
Well, stick around I'm gonna tell you more
One just like the other
Sin's a good man's brother
But is that right?
You tell me that I don't
Then I say I won't
But then I might
You said this is the way it's supposed to be
But it just don't seem right to me
And that's outta sight
Some folks need an education
Don't give up or we'll lose the nation
You say we need a revolution
It seems to be the only solution
http://www.youtube.com/watch?v=rmXeAFXirKs
A very nice sentiment, and gracious. I used to be one, too. I think people get so frustrated with those who refuse to admit they have been brainwashed b/c these are urgent times, desperate times, and there is not much time left to save whatever remnants of freedom and dignity still exist.
Most of Iran's oil is exported to Asia, mainly China and Japan.
So even if Europe wants to ban their import from Iran, nothing will happen to Iran unless China decides otherwise.
Don't you find it bizarre that China is opposed to a military conflict in the middle east and prefers to promote diplomacy.
http://theimperatore.blogspot.com
Well that twat Geithner was in China today asking China to cut imports from Iran. Hopefully China told him to suck it.
Japan has accepted to cut Iranian oil imports.
And South Korea and Turkey are asking for permissions to trade oil with Iran.
China told Timmah to stick it very firmly up his inbox.
LOL!
Never talk when you can nod, and never nod when you can WINK err... BLINK
Also, never put your aircraft carriers where the supercavitating torpedoes (underwater missiles) can get at them...
why even speculate the cause or ramifications of this news? You and I have no freakin idea what was actually discussed or realized by those in power. Maybe this was always part of their plan? Maybe its a distraction to reset the emotions of the sheeple so they can be guffawed when something happens out of the blue. Who the fuck knows why they LET this out into the news. You'll never know the truth because in today's world no one has a fucking clue, stories are extremely difficult to verify (esp. overseas), no one trusts anyone, and believe it or not...everyone has an angle for agreeing or denying the story.
Just ignore the entire bag of feces. everyday is a charade and a circus orchestrated in some manner by the arrogant and selfish elite or government. The 99% herd are just fodder for the system - to help keep the phony and maniacal issues at the forefront. Just ignore the bitches. They're just spoon feeding you bullshit day after day. How much shit can you swallow?
Breathing room now in place for more Fed razzle-dazzle. They can goose something or other to get some more pro-Obama positive economic headlines, at the cost of the dollar index, and not have to shit bricks over the oil price.
Interesting to see how gold responds. Could be a good setup.
The warmongering and sabre ratling is nothing more than the US empire trying to protect the petrodollar hegemony.
End the Fed.
I am ready to get bombed by the vote downs but I don’t understand the ultra negative stance toward Israel. We are Americans and while Israel has taken land from other countries in wars it didn’t start using weapons from the United States, they only did what any other country in their position would have done. How could anyone advocate that an agent-country of the US getting nuked is a good thing? How could anyone advocate that any country getting nuked is a good thing?
I believe that anyone blaming “The Jews” for what is wrong in this world at this time is really misguided or just deluded.
We [Americans] have sat back in homes more expensive than we should have “bought” driving SUV that waste fuel buying and watching big flat screen TVs—now bigger 3D flat screen TVs and consuming copious amounts of goods and services all the while increasing our credit and decreasing our savings while the egomaniacs we elected and sent to Washington with ZERO supervision from us have given us EXACTLY what we want: more government handouts, an easier life, and the right to make terrible social and financial decisions.
NOTHING CHANGES UNTIL WE CHANGE. NOTHING.
Our government is publishing data that presents our economic situation in the most positive light possible and even that is approaching dire.
We’ve got to stop blaming people, groups and systems and start putting our money where our mouth is.
I know a lot of you are buying gold, stocking-up on supplies, acquiring guns and ammunition and holding cash and that is all good preparation but what are you doing for our country? If blaming "The Jews" is the answer then we truly are in trouble and when "they" are all gone, nothing will have changed.
http://www.youtube.com/watch?v=ArSLNJNUEIM
the person to whom you respond has been a zeroHead for 30 weeks has 3 posts, and last posted 5 months ago, before this trollery
Quantitative Seizingis either a zionist troll or needs to spend more time reading, here, b/c the questions are frequently covered on these boards:
from a luddite: if i open the youtube page, bookmark it, and cut/copy the bookmark, you get foghorn leghorn aaaaaaah shut up ! - YouTube
Whether they are Jewish or not, the global banking elite have more to answer for than the Iranians do. It's just that Iran is a convenient whipping boy.
there it is.
(There's a sizable crowd here that's all about hating on Jews, or blacks, or women. You see that pretty much anywhere there are unmoderated comments.)
Israel has been a foreign policy problem for the USA for 50 years. According to UN vote, they're our staunchest ally, and we really like having a first-class military base right in the middle of everything, but since we set up a new one in Iraq, it's not quite as important.
We all know our interests are not really aligned with Israel's--the USA has no compelling realpolitik reason to care whether they ever complete annexation of the West Bank or extermination of the resident Palestinians. Much of the support for the US/Israel alliance comes from Congressmen who could care less about Israel but need contributions from the Christian zionists (on the right) and the affluent American Jewry (both right and left).
So our politicians want to be seen as strong Israel supporters, but we've refused to greenlight an all-out ethnic-cleansing program for the West Bank. The idea appears to have to been to gradually drive off the remaining refugees, but they're out-breeding the Israelis by a factor of about 3 to 1, and it's pretty obvious they don't want to go live in the neighboring ethnic Arab states.
It's probably more comforting to hate Israel than to acknowledge that we also are the bad-guys in that conflict.
Blunderdog,I wont junk you.you are a thoughtful man,i mean person.
the entire commodity complex just broke, not just oil, also AG.
now. this is usually a precursor to market sell offs.
Everything is going to drop, just like 2008- might be better, might be worse. The question is really what the next bubble will be.
I'm putting odds on PMs being the next big thing- retail investors have been skinned too deeply and frequently to go back into equities, and housing has been heavily discredited. QE3 isn't happening until after things crash hard, but it will happen then, and there are not a lot of investment strategies left.
Despite the press here and in a few other online forums, Au and Ag are nowhere near a mania yet- but the zeitgiest is beginning to turn in their favor. It's not a short-term trade- it's a buy and hold based on fundimentals. When desperate men have nowhere else to turn, they're going to start eying up the perfect 10-yr gold chart, and pumping it to everyone for all they're worth. Less affluent folk will follow into silver and maybe copper.
Someday, that will be a memory as well- there is an end to the PM play, it's just not here yet.