Sanctions drive Iranian currency down 25-40% in a week

Are tightened international sanctions against Iran working?

As the BBC reports:

In the past seven days, Iran’s rial has has lost 25% of its value; it is now, at best, worth only a quarter of what it was 18 months ago. And the freefall seems to have no end in sight.

Recent days in Iran have seen runs on foreign currencies and on gold – assets that are easily liquefied in the domestic market or transferable overseas.

On the one hand Iranians have lost their trust in their government’s grip over the economy, and on the other they fear their country may end up in a military confrontation with Israel over its nuclear programme.

Therefore, they have good reason to change whatever they have in hand into currencies whose value is sustained internationally, or into gold bullion which they can throw into a suitcase if they want to hop aboard a flight and leave the country.

On Tuesday morning the window of licensed exchange bureaux showed rates never seen before: every US dollar bought 35,000 rials; currently the lowest valued currency per unit in the world.

Other estimates have put the decline at closer to 40 percent in a week. Prices for basic food items — many of them imported — have soared in response, and a petition signed by 10,000 Iranian factory workers complaining about the conditions has been delivered to the Labor Ministry. Iranian leaders this week also tried to ban access to Google and Gmail before backing off the effort as hopeless. And in Israel, Haaretz reports that President Mahmoud Ahmadinejad is being set up by his rivals as the fall guy for the economic crisis.

Iran’s currency is collapsing because its oil industry is also collapsing; recent estimates are that oil production has fallen by as much as half because under sanctions, the Iranians simply can’t find customers who are willing to buy their product. Those dwindling few that want to buy Iranian oil often find themselves unable to pay for it, thanks to strict banking sanctions. In July, for example, President Obama approved new sanctions on any financial institution in the world that helps to facilitate the purchase of Iranian oil.

Israeli officials also seem to have recommitted themselves to seeing the sanctions option through to its ultimate outcome, whatever that may be”

JERUSALEM — Benjamin Netanyahu, the prime minister of Israel, plans to travel to Europe before the end of the year, among other things to press for a toughening of sanctions against Tehran, Israeli officials said on Tuesday. The plans appeared to be another indication of a shifting Israeli emphasis, at least for now, toward efforts to stop the Iranian nuclear program by means other than military action….

The growing Israeli focus on a new round of sanctions comes amid reports of the deep impact that current sanctions are having on the Iranian economy. A recent internal report prepared by the Israeli Foreign Ministry stated that the sanctions may, according to some assessments, also be affecting the stability of the Iranian government, which insists that its nuclear program is for purely peaceful purposes.”

– Jay Bookman

302 comments Add your comment

Fedup

October 2nd, 2012
12:28 pm

Sanction are working. Poor Bibi is mad because he cannot play with his wily coyoty toys. He reminds of dick cheney.

Mick

October 2nd, 2012
12:29 pm

This is what happens when you don’t shoot from the hip and have a long term strategy – no more wars! We can’t afford it anyway…

Fred ™

October 2nd, 2012
12:30 pm

I didn’t know Iranian currency HAD any value outside of Iran……..

stands for decibels

October 2nd, 2012
12:33 pm

Poor Bibi is mad because he cannot play with his wily coyoty toys.

Dunno. I think Josef had a pretty good take on this whole bit of theater (?), yesterday…

http://blogs.ajc.com/jay-bookman-blog/2012/10/01/dissecting-the-gops-in-person-voting-fraud-fraud/?cp=all#comment-1093651

(I’m not sure I am quite as cynical as Josef, but his explanation is fairly plausible.)

Joe Hussein Mama

October 2nd, 2012
12:34 pm

Fred — “I didn’t know Iranian currency HAD any value outside of Iran……..”

There are still plenty of countries that do business with Iran. Our sanctions aren’t universal.

http://en.wikipedia.org/wiki/Sanctions_against_Iran

Kamchak ~ Thug from the Steppes

October 2nd, 2012
12:37 pm

And in Israel, Haaretz reports that President Mahmoud Ahmadinejad is being set up by his rivals as the fall guy for the economic crisis.

From that linkee: The full text is available for subscribers & registered users.

Who are his political rivals?

Are they more or less fanatical than President Mahmoud Ahmadinejad?

Inquiring minds and all….

Bud Wiser

October 2nd, 2012
12:37 pm

Wonder how much it will cost them to pop Israel with their first nuke?

Wonder how long it will take for Obama to apologize to Hamoud because he just knows that they just “had an accident”, and that somehow its all George Bush’s fault??

Wonder how many American jews will support BO after that?

Wonder how long after the election wil it take BO to come out of the closet and admit he’s a muslim?

getalife

October 2nd, 2012
12:38 pm

Our President won this argument.

Leave the adults in charge.

saywhat?

October 2nd, 2012
12:38 pm

Fred — “I didn’t know Iranian currency HAD any value outside of Iran……..”

Why wouldn’t it? Its backed by oil.

I heard this story on NPR this morning. Apparently sanctions DO work. Thank God we don’t have the previous administrations retarded foreign policy, and thank God Romney is toast so we won’t return to it either.

Joe Hussein Mama

October 2nd, 2012
12:38 pm

What was it that USinUK calls Ahmedinejad? Imadinnerjacket? :D

markie mark

October 2nd, 2012
12:39 pm

This is what happens when the whole world, for a change, presents a united front. These sanctions would fail as most others have if someone was willing (Russia, China, et al) to ignore these sanctions. It appears that they, too, fear Iran getting nuclear capabilities….

Joe Hussein Mama

October 2nd, 2012
12:39 pm

B. Wiser — “Wonder how long it will take for Obama to apologize to Hamoud because he just knows that they just “had an accident”, and that somehow its all George Bush’s fault??”

“Wonder how many American jews will support BO after that?”

“Wonder how long after the election wil it take BO to come out of the closet and admit he’s a muslim?”

Wonder how long it will take you to crawl back under your rock? :roll:

Fred ™

October 2nd, 2012
12:40 pm

Bud Wiser

October 2nd, 2012
12:37 pm

Wonder how much it will cost them to pop Israel with their first nuke?

Wonder how long it will take for Obama to apologize to Hamoud because he just knows that they just “had an accident”, and that somehow its all George Bush’s fault??

Wonder how many American jews will support BO after that?

Wonder how long after the election wil it take BO to come out of the closet and admit he’s a muslim?
++++++++++++++++++++

I wonder how long it would take Bud Wiser to become educated if he were ever weaned from lying talk radio hosts? Would he EVER get over his fear and come out from under his bed with out one talk show host of the other fear mongering him 24/7?

Mitt Romney's Plans for Iran

October 2nd, 2012
12:40 pm

Send YOUR sons off to another WAR and leave his sons home to work for Corporate America…

http://www.youtube.com/watch?v=IL9F-dfPyD4&feature=related

Jay

October 2nd, 2012
12:41 pm

Getalife, I wouldn’t argue that the president has won the argument, because we still don’t know whether it will work in the end. But we can at least say that we’re giving it a helluva try.

Regnad Kcin

October 2nd, 2012
12:42 pm

“Poor Bibi is mad because he cannot play with his wily coyoty toys.

Dunno. I think Josef had a pretty good take on this whole bit of theater (?), yesterday…

http://blogs.ajc.com/jay-bookman-blog/2012/10/01/dissecting-the-gops-in-person-voting-fraud-fraud/?cp=all#comment-1093651

(I’m not sure I am quite as cynical as Josef, but his explanation is fairly plausible.)”
================
Interesting take. I have always thought that Bibi/Obama are playing bad/good cop – Bibi screaming, “Hold me back!”. Obama calmly imposing more sanctions, and suggesting Bibi hold off his wrath for just a bit longer.

Rightwing Troll

October 2nd, 2012
12:42 pm

“Wonder how much it will cost them to pop Israel with their first nuke?”

Look who crawled out from under his bed… jut for a moment though… that one Iranian nuke will be a doozy… it’ll be big enough to explode all of Israel and all of the US in one fell swoop. No wonder you quake in your boots and hide under the bed.

Hoover is my hero

October 2nd, 2012
12:42 pm

If your currency is down, then you begin to have problems being able to afford imports – even from the countries that still do business with them. Of course, they can print more, but it will just go down more. The atomic question is whether or not the Iranian leaders care if their people can buy outside goods (like food, medicine, industrial goods, etc.) and/or whether the Iranian people can replace their current leadership with a more rational bunch. Sanctions have worked some places, but you have to have a rational opponent.

Fred ™

October 2nd, 2012
12:42 pm

saywhat?

October 2nd, 2012
12:38 pm

Fred — “I didn’t know Iranian currency HAD any value outside of Iran……..”

Why wouldn’t it? Its backed by oil.
++++++++++++++++++++++++++++++

Nope. It’s backed by a dictatorship which TELLS the people of the Country how much it’s worth………

Shawny

October 2nd, 2012
12:42 pm

QE1, 2, 3, and stimulus drive down the dollar.

0311/8541/5811/1811/1801

October 2nd, 2012
12:42 pm

Ah, ……………… the kind of sanctions that make them more desparate and angry without stopping their efforts to have a nuclear weapon.

Kamchak ~ Thug from the Steppes

October 2nd, 2012
12:42 pm

Wonder how much…
Wonder how long…
Wonder how many…
Wonder how long …

Wonder when unicorns will start pooping Skittles.

Redneck Convert (R--and proud of it)

October 2nd, 2012
12:43 pm

Now we need to kick the UN out of the US. I’m sick and tired of seeing this Ahmanutjob come in here and put his fingers in his ears and wiggle them at us.

Anyhow, I won’t buy Iran’s oil. I like that oil from Venezuela. Might as well do business with friends, at least till we can put a oil well in every back yard and get the coal fires going.

Have a good p.m. everybody and be Patriotic and knock the towel off of some Arab’s head today.

southpaw

October 2nd, 2012
12:43 pm

Are they more or less fanatical than President Mahmoud Ahmadinejad?

Jay recently opined that if Ahmadinejad goes, his successor is likely to be someone even crazier.

Hoover is my hero

October 2nd, 2012
12:44 pm

Fred, if they, as you put it, “pop” Israel, they’ll be hitting a lot of Palestinians at the same time. If they hit Jerusalem, then they’ll be hitting Islamic holy places. Either way, they’d be, literally, toast.

0311/8541/5811/1811/1801

October 2nd, 2012
12:45 pm

Headline: “Egyptian women fear regression on rights”

Come on ladies ……………. sit back, chill and take a deep, deep breath of that “Arab Spring” !

larry

October 2nd, 2012
12:46 pm

We have been at war with Iran for quite some time now. An economic war. No telling how many lives would have been saved if this had been the plan in Iraq.

Kamchak ~ Thug from the Steppes

October 2nd, 2012
12:47 pm

Jay recently opined that if Ahmadinejad goes, his successor is likely to be someone even crazier.

Yeah, but I was hoping to get Anshel Pfeffer from Haaretz viewpoint.

Granny Godzilla - Union Thugette

October 2nd, 2012
12:47 pm

Mr. Imadinnerjacket

Better currency at 75 -60% value than your nation in ashes.

Don’t worry be happy!

We’ll keep Bud Wiser at home….

getalife

October 2nd, 2012
12:47 pm

“But we can at least say that we’re giving it a helluva try.”

Yes, we are.

Built a coalition and using every option before bombing is the best we can do.

If bibi won the argument, we would bomb the “visible” enrichment facilities by now.

0311/8541/5811/1811/1801

October 2nd, 2012
12:47 pm

Hoover is my Hero:

“Fred, if they, as you put it, “pop” Israel, they’ll be hitting a lot of Palestinians at the same time.”

Yep ……………… kind of like they killed a lot of Muslims on 9/11 in the World Trade Towers.

Regnad Kcin

October 2nd, 2012
12:48 pm

“Headline: “Egyptian women fear regression on rights”

Come on ladies ……………. sit back, chill and take a deep, deep breath of that “Arab Spring” !”
===============
Digits, sounds like you support the “war on women” in all its guises. Am I mininterpreting?

Joe Hussein Mama

October 2nd, 2012
12:48 pm

0311 — “Ah, ……………… the kind of sanctions that make them more desparate and angry without stopping their efforts to have a nuclear weapon.”

Witness the Conservative Argument About Iraq, circa 2003.

Marty Huggins'

October 2nd, 2012
12:49 pm

This is good news.

I would say that this will only strengthen their hatred for us “the great Satan”

Do not look for Iranians to blame their government or their leaders. This too shall be our fault for involving ourselves.

Again this is good news but I’d history has taught us much this will not lead to a radical change in philosophy over there. In all likelihood it will drive the roles of the terrorist in the region up. We all know how terrorist organizations feed off of poverty and it’s inhabitants.

It just sucks that some of the innocent who were protesting in Tehran last year are now some of those paying the consequences for the actions of a group they obviously disagree with but lack any capability to do anything about

godless heathen

October 2nd, 2012
12:49 pm

Tough sanctions were imposed on Germany after WW I . How’d that work out?

0311/8541/5811/1811/1801

October 2nd, 2012
12:49 pm

“Iran has been able to cope with Western economic sanctions and the central bank has supplied enough hard currency to finance imports even though the sanctions have cut Tehran’s oil earnings, President Mahmoud Ahmadinejad said on Tuesday.”

Well, there you go …………………

Jay

October 2nd, 2012
12:49 pm

“Jay recently opined that if Ahmadinejad goes, his successor is likely to be someone even crazier.

Just to be clear, that was if Ahmadinejad were to be removed by outside assassination. Other means of removal may or may not produce that same outcome.

0311/8541/5811/1811/1801

October 2nd, 2012
12:50 pm

godless heathen:

Thank you.

For principles

October 2nd, 2012
12:50 pm

More misery caused by the great global terrorist – the US government.

So when the sanctions have killed millions as they did in Iraq and terrorists come to this country and kill thousands in response, will a future president blame “our freedom” for their hatred? And will the stupid american people believe him then too??

Iran has the right under the Nuclear Non-Proliferation Treaty to enrich uranium for energy purposes. To date even the CIA says that they are not building a bomb. Israel on the other hand has hundreds of nuclear weapons (mostly stolen from us or certainly using stolen technology from us), has never even admitted that they have them, has never signed the non-proliferation treaty, and has set up an appartheid state in which existing Palenstinians are daily kicked off their property and imprisoned in literal ghettos. All with the full support of the US.

But we are all just supposed to believe that the government is acting in our best interests? yeah right.

DebbieDoRight - Minister Of Propaganda, Gangland Style!

October 2nd, 2012
12:50 pm

It wasn’t Obama’s policy, that brought about this “change” ya’ll — it was the republicCANTs in the House who did it. It was their long term strategy all along to MAKE Obama go for sanctions by pretending that they wanted more military spending and cuts to the budget of Medicare.

They fooled you all!! (hahahaha) Well played republicants. Well played………..

Joe Hussein Mama

October 2nd, 2012
12:50 pm

GG — “We’ll keep Bud Wiser at home….”

Come now. We can let Mr. Wiser and 0311 take the point in the military action they seem to crave so much.

Tip of the spear, gents, tip of the spear.

getalife

October 2nd, 2012
12:50 pm

“QE1, 2, 3, and stimulus drive down the dollar.”

Add that to the cost of obstruction because the gop refused to pass our President’s jobs bill..

Ahem

October 2nd, 2012
12:51 pm

…and a petition signed by 10,000 Iranian factory workers complaining about the conditions has been delivered to the Labor Ministry…

Somebody better start preparing a big hole, about six feet deep, out in the desert.

0311/8541/5811/1811/1801

October 2nd, 2012
12:51 pm

“Just to be clear, that was if Ahmadinejad were to be removed by outside assassination.”

You mean by “Mr. Obama Drone” ?

Joe Hussein Mama

October 2nd, 2012
12:52 pm

0311 — “and the central bank has supplied enough hard currency to finance imports”

And there’s where the inflation is coming from.

If it’s that bad already, it seems to me that Iran’s in much more dire straits than they’d like to admit.

Thomas Heyward Jr

October 2nd, 2012
12:52 pm

Punish the Iranian people before warfare.

Neo-Con 101.
.
Crack that whip.
.
lol

td

October 2nd, 2012
12:52 pm

Jay,

Can you please let us all know how many times in the past economic sanctions have worked to dissuade a nation from developing nuclear weapons? How did those sanctions work for Korea?

Granny Godzilla - Union Thugette

October 2nd, 2012
12:52 pm

0311/8541/5811/1811/1801

October 2nd, 2012
12:45 pm
Headline: “Egyptian women fear regression on rights”

Come on ladies ……………. sit back, chill and take a deep, deep breath of that “Arab Spring” !

.
.
.
.
I suspect that in the 1770’s some silly Brit said the same thing to Dolly and Martha and Abigail etc….

something along the lines of….

Hey Founding mothers, take a deep breath of the American Colonial spring!

Silly Mr. Digits.

Revolution ain’t for the soft.

Ahem

October 2nd, 2012
12:53 pm

“Just to be clear, that was if Ahmadinejad were to be removed by outside assassination. Other means of removal may or may not produce that same outcome.”

Hedging at its very finest.

0311/8541/5811/1811/1801

October 2nd, 2012
12:53 pm

Ahem:

“…and a petition signed by 10,000 Iranian factory workers complaining about the conditions has been delivered to the Labor Ministry…”

I thought they were in the “UAW” ??

CJ

October 2nd, 2012
12:53 pm

There is a sad parallel between the run up to the war of choice in Iraq and the neocon’s relentless pressure for the U.S. to either initiate or condone military action against Iran.

Then, Bush successfully forced U.N. weapons inspections, but didn’t want to give the U.N. weapons inspectors a chance finish their jobs for fear that Hans Blix and associates might actually demonstrate something that neocons didn’t want to hear–there are no WMDs. Similarly, neocons don’t want to give the sanctions against Iran a chance to work for fear that such sanctions might accomplish something that the neocons don’t want to accomplish…at least not without military intervention.

John Bolton, Dan Senor, and the rest of the Bush military establishment that is now advising the Romney campaign don’t care about results. To the contrary, they’re trigger-happy chicken-hawks who will do whatever it takes to grow the military industrial complex primarily for the benefit of their wealthy benefactors.

As always…”Enrich the rich. Vote Republican.”

N-GA

October 2nd, 2012
12:53 pm

It doesn’t matter very much about the value of Iranian currency outside of Iran. It matters most to Iranians who have to buy everything they need to live by using (Iranian) rials.

Countries maintain foreign reserves which are held (mostly) electronically. As Iran’s reserves are depleted, it becomes more and more difficult for them to conduct international business (in goods and services not restricted by international sanctions). This includes food and medicine.

Normal Free...Pro Human Rights Thug...And liking it!

October 2nd, 2012
12:53 pm

East Cobb RINO, Inc. (LLC)

October 2nd, 2012
12:53 pm

“Tough sanctions were imposed on Germany after WW I . How’d that work out?”
********************

Admittedly not very well. But the entire world was not quite as joined together economically as it is today.

0311/8541/5811/1811/1801

October 2nd, 2012
12:54 pm

Granny:

Big difference ………….. after our revolution things began to get better for women and it continues to this day.

In that culture …………. it gets worse.

Brosephus™

October 2nd, 2012
12:54 pm

Sanction are working. Poor Bibi is mad because he cannot play with his wily coyoty toys.

Not hardly. Bibi’s not dealing with Acme products. He has good old American hardware sitting out on the tarmac courtesy of President Obama. If Israel hits Iran, it will be with the full blessing and support of the US. All the other stuff is pure theater to hide who’s in control of the puppet strings. As dB said, josef’s take is downright plausible, and I’d add, probably the most likely that I’ve seen or heard.

getalife

October 2nd, 2012
12:55 pm

“Iran’s foreign minister said Monday that Iran acquiring a nuclear weapon would not increase Iran’s security or regional stability.

Ali Akbar Salehi, the MIT-educated PhD engineer who previously served as Iran’s longtime envoy to the UN atomic watchdog agency, said that Iran acquiring one or two nuclear bombs would dramatically increase the threats Iran faces, and not be a deterrent to nuclear powers with far larger nuclear stockpiles.

“Had Iran chosen to [go] nuclear in the sense of weaponization, it would not be a deterrent for Iran,” Salehi, speaking in English, told foreign policy experts at the Council on Foreign Relations in New York Monday. “It would attract more threats from the other side.”

“Because suppose we wanted to go nuclear and manufacture one or two bombs,” Salehi continued. “Who on the other side of Iran …can we ever be in equal footing with in this regard? Any country that challenges us with nuclear weapons …who would we use against? We have 15 neighbors, we have the best of relations with them. So we are not threatened by our neighbors.”

Read more: http://backchannel.al-monitor.com/index.php/2012/10/2403/iran-fm-salehi-iran-nuclear-bomb-would-destabilize-iran/#ixzz288E7nNpb

This guy might replace iamanutjob.

Fred ™

October 2nd, 2012
12:55 pm

Hoover is my hero

October 2nd, 2012
12:44 pm

Fred, if they, as you put it, “pop” Israel, they’ll be hitting a lot of Palestinians at the same time. If they hit Jerusalem, then they’ll be hitting Islamic holy places. Either way, they’d be, literally, toast.
+++++++++++++++++++

How, the hits just keep on coming.

Yo “Hoover” I ain’t said crap about popping Israel, or Pluto, or Mars, or the Atlantic Ocean or pills or nothing. Leave me out if that discussion please.

0311/8541/5811/1811/1801

October 2nd, 2012
12:55 pm

Granny:

“Revolution ain’t for the soft.”

Ever been actually involved in one? I have.

Joe Hussein Mama

October 2nd, 2012
12:55 pm

Principles — “Iran has the right under the Nuclear Non-Proliferation Treaty to enrich uranium for energy purposes.”

Yes. However, there’s clear evidence that they’ve continued to enrich isotopes considerably beyond the level needed for reactor fuel. So there are only two things they could be pursuing — the production of medical radionuclides and/or the production of fissile weapons material.

“To date even the CIA says that they are not building a bomb.”

Actually, the CIA says that it doesn’t have proof that they *are*. That’s quite different from an assertion that Iran definitely is not building one.

“Israel on the other hand has hundreds of nuclear weapons . . .”

I don’t excuse Israel’s actions in this regard. That said, they’re immaterial to the question of what Iran is doing.

Ahem

October 2nd, 2012
12:56 pm

td

October 2nd, 2012
12:52 pm
Jay,

Can you please let us all know how many times in the past economic sanctions have worked to dissuade a nation from developing nuclear weapons? How did those sanctions work for Korea?

xxxxxxxxxxxxxxxxxxxxxxxxxx

I agree with your premise. The regime is hell-bent and determined to get “Da Bomba” and suffering by the citizenry will mean little to the mullahs and that saw-offed twirp, right up to the point of being overthrown.

southpaw

October 2nd, 2012
12:56 pm

Jay @12:49
I had forgotten that your prediction was conditional. Thanks for the reminder.

Hoover is my hero

October 2nd, 2012
12:56 pm

Shawny, the value of the dollar is determined by the old law of supply and demand. Now, you’d think that increasing the supply would knock the value down; however, the demand for the dollar has gone up faster than the supply, so we haven’t seen devaluation. The value of the dollar against other major currencies has gone up quite a bit since Obama took office. It helps that investors still see the US as the leading economy in the world and, of course, that those investors don’t listen to Rush and Fox.

0311/8541/5811/1811/1801

October 2nd, 2012
12:57 pm

O.K. …………… you libs. asked for it again:

“When civilized man can no longer stand the horror of war
and refuses to fight then he will surely be killed or enslaved
by the uncivilized who can!” Author Unknown

Off to babysit …………… everyone be nice !

Nice Guy

October 2nd, 2012
12:57 pm

Kamchak – “Wonder when unicorns will start pooping Skittles”

Ah, yes. I see Kamchak is still using his old one liners.

This is no doubt a favorite of his, just like, for example, when the group is discussing that 47% of people don’t pay taxes, he’ll jump all over someone and start citing all the taxes that those 47% do pay…acting as if he didn’t know said person was only talking about Federal taxes.

Yep, that’s our Kammie.

Regnad Kcin

October 2nd, 2012
12:57 pm

““Tough sanctions were imposed on Germany after WW I . How’d that work out?””

I don’t think I’ve EVER heard a more defeatist statement. What a loser.

Joe Hussein Mama

October 2nd, 2012
12:57 pm

td — “Can you please let us all know how many times in the past economic sanctions have worked to dissuade a nation from developing nuclear weapons? How did those sanctions work for Korea?”

That’s not the method that was being used with North Korea.

We had been using the Clinton Agreed Framework, and it was working quite well. Then Bush unilaterally threw that out and within a couple of years, North Korean kaboom.

So if you want to talk about approaches that don’t work, yes, absolutely, the Bush approach didn’t work at all.

Joe Hussein Mama

October 2nd, 2012
12:59 pm

Regnad Kcin

October 2nd, 2012
1:00 pm

“Granny:

“Revolution ain’t for the soft.”

Ever been actually involved in one? I have.”

And did 100% of the events that occured subsequently turn out to your liking? Then what’s your point?

Fred ™

October 2nd, 2012
1:00 pm

0311/8541/5811/1811/1801

October 2nd, 2012
12:57 pm

O.K. …………… you libs. asked for it again:

“When civilized man can no longer stand the horror of war
and refuses to fight then he will surely be killed or enslaved
by the uncivilized who can!” Author Unknown

Off to babysit …………… everyone be nice !
+++++++++++++++++++++++++++++++++

Bye. Tell Del we said hi and don’t forget to change his depends regularly while you are babysitting him, he gets cranky when he has a “full load.”

Mick

October 2nd, 2012
1:00 pm

Comparing iran to germany after world war 1 is like comparing grapes to apples. Not even remotely in the same ballpark…

Kamchak ~ Thug from the Steppes

October 2nd, 2012
1:00 pm

Sock-puppets.

:roll: :roll: :roll: :roll: :roll:

Nice Guy

October 2nd, 2012
1:01 pm

I suppose Obama deserves a pat on the back for supporting these sanctions against Iran. Although, I have to wonder, how many times did he scoff at the idea before even folks like Harry Reid were like, “Dude, this will really work, you gotta do.”

You know, like the whole Osama assassination thing.

Rightwing Troll

October 2nd, 2012
1:01 pm

“Big difference ………….. after our revolution things began to get better for women and it continues to this day.

In that culture …………. it gets worse.”

I guess we missed a huge opportunity to install a government more to our liking, eh? Those who feel that a sovereign nation has the right to self determination, and to allow the people to select who leads them can go pound sand, can’t they?

Ahem

October 2nd, 2012
1:01 pm

Heading back to the meeting, so little risk of the “rath” for posting this nugget of depravity:

Q. Do you know why they call the camel the “ship of the desert”?

A. Because it is full of Iranian seamen.

(Aw’ come on folks; I just passed it along, I didn’t come up with it)

Brosephus™

October 2nd, 2012
1:02 pm

Nice Guy

You would think that after being reminded of those other taxes infinitely many times, when discussing that group, people would actually say “the 47% who don’t pay FEDERAL taxes instead. Why give someone ammo to attack you when it can be completely avoided?

Jay

October 2nd, 2012
1:02 pm

td, they worked against South Africa, Iraq and Libya.

CJ

October 2nd, 2012
1:03 pm

An interesting excerpt from the article that Jay linked to in his post:

Polls show that there is not much appetite among the Israeli public for a unilateral strike against Iran’s nuclear facilities, and Israel’s president, Shimon Peres, is one of several prominent figures who have spoken out against such a course of action.

On Tuesday, Mr. Peres repeated those reservations….Mr. Peres said it would be preferable to deal with Iran without a war, and that it was necessary ‘to continue to work with a wide coalition and to increase the diplomatic pressure on Iran.’

Mr. Peres added that the current economic and diplomatic sanctions were ’serving to isolate the corrupt regime in Tehran,’ and that the most important thing was ‘to work hand in hand with the United States of America, which remains the largest and most significant world power and a true friend of Israel’s.’”

In my opinion, the pro-Israel position is to give the sanctions a chance to work and, where possible, use them to bite down harder.

Brosephus™

October 2nd, 2012
1:03 pm

Nice Guy

make that FEDERAL INCOME… Seems that being specific would cut out the line of attack that you don’t like to hear.

Granny Godzilla - Union Thugette

October 2nd, 2012
1:05 pm

Mr. Digits

When our revoltion was over……well it did take nearly 8 years…

And we are AMERICANS who do everything just so quickly.

My Mr. G was involved in that same revolution….and it killed 55,000
Americans.

Rightwing Troll

October 2nd, 2012
1:06 pm

“When civilized man can no longer stand the horror of war
and refuses to fight then he will surely be killed or enslaved
by the uncivilized who can!” Author Unknown”

So us not starting a war of choice with another sovereign nation to instill our beliefs is “refusing to fight”??? Do you fear Iran’s big bomb as well?

Remember, “if we don’t fight them over there, we’ll have to fight them on our shores”?

Nice Guy

October 2nd, 2012
1:06 pm

Brosephus – “Seems that being specific would cut out the line of attack that you don’t like to hear.”

Sometimes its redundant. And since we’re all typing here, seems that when the group is on a topic, restating the topic every time seems…kind of…redundant.

Know what’a mean Vern?

td

October 2nd, 2012
1:06 pm

Joe Hussein Mama

October 2nd, 2012
12:57 pm

That’s not the method that was being used with North Korea.

We had been using the Clinton Agreed Framework, and it was working quite well. Then Bush unilaterally threw that out and within a couple of years, North Korean kaboom.

So if you want to talk about approaches that don’t work, yes, absolutely, the Bush approach didn’t work at all.

A little revisionist history there my friend. If my memory serves then Bush changed his approached after NK was busted still developing weapons at a different place.

Joe Hussein Mama

October 2nd, 2012
1:07 pm

CJ — “An interesting excerpt from the article that Jay linked to in his post: “Polls show that there is not much appetite among the Israeli public for a unilateral strike against Iran’s nuclear facilities

Gas attacks and conventional missile attacks with Saddam Hussein’s notoriously inaccurate SCUDs are one thing. Attacks with actual atomic or thermonuclear IRBMs are quite another.

Rightwing Troll

October 2nd, 2012
1:08 pm

“You know, like the whole Osama assassination thing”

W did that, didn’t you hear? Obama was too busy poring over embassy guard schedules and duty rosters…

Brosephus™

October 2nd, 2012
1:08 pm

Nice Guy

I understand the redundant part, but I also see the difference between vagueness and specifics. I can’t answer for everybody else, but I try to be as specific as possible when talking about something. I don’t want people to have any questions about what I’m trying to communiciate. I guess that’s just a by-product of the job and such.

Stevie Ray..Clowns to the left and Jokers to the right..here I am...

October 2nd, 2012
1:08 pm

JAY,

My concern is that the suppressive nature of the government in Iran will result in only the general population being hurt by these sanctions…I’m not sure it’s enough to simply punish those folks…they are probably looking at the mass killings at the hands of government to suppress revolution and that scares them more than what has historically already been an iron fisted policy..

Wouldn’t shock me if government converted or otherwise had a currency policy to minimize this impact to those in power…

stands for decibels

October 2nd, 2012
1:08 pm

“the 47% who don’t pay FEDERAL taxes instead.

gotta add “above and beyond the payroll taxes that are likely withheld, if they’re working poor.”

But if you do that, maybe the “moocher” meme becomes completely useless and we can’t have that.

Joe Hussein Mama

October 2nd, 2012
1:10 pm

td — “A little revisionist history there my friend. If my memory serves then Bush changed his approached after NK was busted still developing weapons at a different place.”

Your memory doesn’t serve you well. Bush had *already* thrown out the Agreed Framework; that’s why the Norks were moving forward with weapon development.

While we were operating under the Clinton-era Agreed Framework, the Norks behaved (amazingly). It wasn’t until Bush decided that he didn’t like sending shiploads of food and fuel oil to them thar dirty commies (and terminated the agreement) that the Norks shrugged and started back to developing their bomb.

Read up on it sometime.

Nice Guy

October 2nd, 2012
1:11 pm

Brosephus – “I don’t want people to have any questions about what I’m trying to communiciate”

No, I get it. I do the same thing, most of the time. Its just that Kamchak absolutely knows what the person is talking about, but acts like he doesn’t, only so he can play the got’cha game….which is a favorite game of the Libs

Don't Tread

October 2nd, 2012
1:12 pm

“a petition signed by 10,000 Iranian factory workers complaining about the conditions”

Like a totalitarian government really cares about what factory workers think…or anyone else, for that matter.

“they have good reason to change whatever they have in hand into currencies whose value is sustained internationally”

I’m sure the Chinese will be happy to oblige.

Regnad Kcin

October 2nd, 2012
1:12 pm

“Brosephus – “Seems that being specific would cut out the line of attack that you don’t like to hear.”

Sometimes its redundant. And since we’re all typing here, seems that when the group is on a topic, restating the topic every time seems…kind of…redundant.”
================
Bro – he means, when your talking about inside-the-bubble talking points, facts just aren’t that important – everybody in the echo chamber has heard the song before, and know how it goes.

td

October 2nd, 2012
1:12 pm

Jay

October 2nd, 2012
1:02 pm

td, they worked against South Africa, Iraq and Libya.

South Africa had 6 Nuclear bombs before they changed governments, Iraq had a Nuclear plant before Israel bombed it and Libya was so scared of GWB that they voluntarily gave their program up. Tell us again how sanctions made these countries not nuclear?

getalife

October 2nd, 2012
1:13 pm

This is great news because Americans are sick of war.

The October surprise might be bringing our troops home from Afghanistan earlier than planned..

Brosephus™

October 2nd, 2012
1:13 pm

dB

Nah, we can’t have the moocher meme getting tossed aside. I get a good laugh from the almost word for word regurgitations we see on a daily basis. Herd mentality is very fun to observe.

Jay

October 2nd, 2012
1:13 pm

“I suppose Obama deserves a pat on the back for supporting these sanctions against Iran. Although, I have to wonder, how many times did he scoff at the idea before even folks like Harry Reid were like, “Dude, this will really work, you gotta do.”

Not sure how accurate that is, given that Obama was lead sponsor of the Iran Sanctions Enabling Act in May 2007, “which would prevent state and local governments from investing in companies with investments of $20 million or more in Iran’s energy sector,” and co-sponsor of the Iran Counter-Proliferation Act in March 2007, “which would have tightened sanctions on Iran, limited food exports from the U.S. to Iran, and designated the Iranian Revolutionary Guards as a terrorist organization.”

Kamchak ~ Thug from the Steppes

October 2nd, 2012
1:14 pm

But if you do that, maybe the “moocher” meme becomes completely useless and we can’t have that.

And that is the whole point of repeating the x% PAY NO TAXES AT ALL lie.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Know what else is redundant?

Sock-puppets.

Socialism — BOO!

Don't Tread

October 2nd, 2012
1:14 pm

“In July, for example, President Obama approved new sanctions on any financial institution in the world that helps to facilitate the purchase of Iranian oil.”

Wow…did something useful for a change. I wonder who thought of doing that?

getalife

October 2nd, 2012
1:15 pm

td loves him some w disaster.

Regnad Kcin

October 2nd, 2012
1:16 pm

“And that is the whole point of repeating the x% PAY NO TAXES AT ALL lie.”

Brought to you by the Department of Redundancy Department…