Iran to stop pricing oil in dollars.

[Bruce McAuley]

http://aljazeera.com/me.asp?service_ID=13020
According to Al Jazeera, Iran will now start accepting almost any currency for their oil, and has reduced their dollar reserves to 20% of their total.
I think THIS is really why we're going to have a war with them, same as Iraq.
No matter what else he does, George is committed to keeping the dollar as the reserve currency for oil trading.
Will this speed the war with Iran?
It's not looking good, and with this declaration it's looking worse.

Bruce

[Mika]

1. Bombs away.

:nuke: :nuke:

Next week?

[Selatius]

2. You can't force Iran to accept US Dollar reserves unless you set up a puppet government

At most, the US is only capable of a brief air campaign before the smart bombs are expended. If the US tried to occupy Iran and install a puppet government, the US will be ground into dust against a stubborn guerrilla resistance that will not die.

[niceypoo]

14. In the Iran, Iraq war, the iranians did human wave attacks.

50,000 screaming Kamikazes all shouting, "God is great!" in a full charge. Iran is a completely different animal than Iraq. It would be more like fighting the Japanese in WW2 and the US populace does not have the stomach for another war.

[MLFerrell]

23. Propaganda much?

Next spin me that classic yarn about the Iraqi soldiers ans the premature infants in incubators circa Gulf War I, huh?

:eyes:

[Swamp Rat]

24. Maybe so, but if we bomb the crap outta Iran and then send in occupation troops,

how do you think the Iranian people will respond?

[MLFerrell]

25. How do I think that they will respond?

The Iranian government / people? With Ultimate Force (capitalization intentional).

Swamp Rat, my photoshopistically gifted mate, I can guarantee you this: Nothing good shall come of two crazy assholes such as Ahmadinejad and * squaring off.

That being said, who truly is the agent provacateur in this situation?

:shrug:

[Amonester]

41. Exxon MOBill is the agent provocateur, monsieur. n/t

[MyNameGoesHere]

29. eat shoe a lot?

http://www.iranchamber.com/history/iran_iraq_war/iran_iraq_war2.php

[Toots]

30. I think that is why machineguns were invented

:shrug: The new miniguns can put a bullet in every square foot of a football field in less than three minutes.

[rman]

31. So did Germans and Brits in the WW1 trench wars,

only without shouting "god is great".

Besides, what does it have to do with US puppet regimes?

[Leopolds Ghost]

35. Well, for starters, the US could not occupy Tehran. We do not have the logistics

needed to do so.

[nannah]

3. dollar vs euro; so where is britain in this issue?

seems like their toast is buttered on both sides.

[BayCityProgressive]

4. we will bomb their refinery

and bases, gov buildings ect. We will fund seperatist movements within the country, as is already happening...and who knows even maybe pit Iraq against them again. Either way, the current regime in Iran will be brought down by Washington and they will back a Western freindly politician or general in Iran. Of course I don't think any of this will work. We are seeing the last desperate attempts of an empire in decline.

[soothsayer]

6. 233 targets to bomb, plus we will give $$$ to an insurgency there

to try to bring down the regime. bombing oil stuff would piss off china (that's where china gets most of their oil) so we better hope our bombs are truly smart.

Who else went to the euro for oil? Iraq (until we changed it back after taking over the country), libya, and syria.

[Leopolds Ghost]

38. By insurgency, surely you mean the one in Iraq, sallied with Al Qaeda

That is trying to bring down the US-sponsored Iraqi government, which is Shi'ite led and protected by militia forces aligned with and trained in Iran. Who will protect the Iraqi government if the Shi'ite militias side with Iran, as promised?

[Leopolds Ghost]

36. If you don't think this will work, why are you asserting it will work?

You really think an Iraqi government whose military, security and police forces were created and trained in Iran, will side with us?

Read up on who's in charge in Iraq.

All the ground fighting in this war will take place on the Mesopotamian plain.

An air-only war cannot bring down a government unless it collapses within due to popular discontent. You think Iranians will rise up and start waving orange flags celebrating the US bombardment, and a Yeltsin figure will ride a tank thru the streets of Tehran? If you were an ethnic minority in Iran and the US suddenly started bombing the country, who would you side with? Better yet, say you're a Native American or Japanese living in the US and someone starts bombing the US, will the Native Americans and Japanese Americans rise up to greet their liberators, or will they fight side by side with the majority in order to prove their patriotism? Even Stalin, a hated dictator, was able to repulse a surprise invasion of a country that actually has a sense of separate identity. Iraq, by comparison, is a fiction which cannot be held together in peacetime.

[Warren Stupidity]

9. UK did not join the euro.

Unless I missed something they still use their own currency.

[nannah]

10. thanks for that info.

i didn't realize that.

[sasha031]

16. yes the still have the pound

[Lone_Star_Dem]

11. UK still uses pound sterling

Only those who use the Euro would benefit from this.

[lectrobyte]

26. I thought Britain had rejected the Euro and was basically in the dollar camp for now. nt

[moodforaday]

28. That's why the Iranian move is not

in UK's interest, either.

[rman]

33. Maybe Iran accepts UK Pounds,

they do say they accept "almost every" currency, not just Euros.

[mmonk]

32. NYMEX

Dollars for oil.
http://www.nymexeurope.co.uk/

[Ioo]

5. that is why we went to war with Iraq

[Lorien]

37. You took the words right off of my keyboard

I remembered the same thing when I read that headline. Oh dear.

[Bruce McAuley]

7. We might get away with occupying Khuzestan where the oil is.

I agree we won't have the troops to occupy Tehran, but the province of Khuzestan is isolated in the southwest corner, and we might be able to occupy that, which would let us control almost all of Iran's oil.
I hope not, but Bush is really a mad man about this.
Hard to be happy when news like this comes up...

Bruce

[paparush]

8. And THAT is why they will be turned into a Glass Parking Lot..

[sinkingfeeling]

12. Isn't that what Saddam threatened to do that brought about our last invasion?

[LSK]

13. this has been reported for almost 2 years now

They were always "almost" there, but a few months away. Are they ready now?

[Bruce McAuley]

15. The Iranian Oil Bourse was always supposed to start up soon...

But it was always delayed for some reason.
I'm not sure if this is the Oil Bourse, or just a new policy of the Iranian government they decided to implement now.

Bruce

[unblock]

17. much ado about nothing.

this is really a non-event. so much bigger stuff going on.

[The Gunslinger]

18. Let the bombing commence............. nt

[HCE SuiGeneris]

19. All this talk of "let the bombing begin". It

makes me fucking ill. It is a resigned endorsement of the inevitability of a war with Iran. Where is the backbone of this country?

[w4rma]

20. Bush has done a wonderful job of turning the Euro, rather than the Dollar, into a world currency. nt

[progressoid]

21. the dollar is sooo 20th century.

[Poll_Blind]

22. K&R! n/t

PB

[ozymandius]

27. Where the dollar goes, the flag goes. And the troops follow the flag.

k&r

[Amonester]

43. And (tragically, as it MUST be said over and over) their blood is...

Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted Wasted

:grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr:

WA$TED

[Leopolds Ghost]

34. What Happened to the Oil Bourse?

I thought that was the big threat.

An oil bourse on the island of Abu Musa, 30 miles from the financial center of Dubai.

[robinlynne]

39. wasn't this cited as one of the reasons we invaded Iraq?

[Bruce McAuley]

40. This is the MAIN reason we invaded...

The PetroDollar is essential to our ability to borrow more money in the world markets.
You can be certain the Iraq Hydrocarbon Law now going through their legislative process is the REAL plum George wants.
Let Exxon and Chevron get their contracts for the future, and also make any future sales denominated in dollars only.
Just my view, but it explains a lot in my mind.

Bruce

[RestoreGore]

42. This is what it's all about n/t

[LibertyorDeath]

44. Check this out.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x3190892