Iran deal reached
- Thread starter naturalmwa
- Start date
long day, too tired to type in my normally masterful style. Here you go,..undermined. Point still stands though.
The note you have linked has nothing to do with the global strength of the US$.
The YUAN is NOWHERE close to being looked at as a reserve currency. Several countries settle their trades with China in Yuan, particularly Russia and some other eastern block buyers.. Some smaller members of OPEC settle their trades in Yuan. What does settling trades in US$ have to do with the global strength of the dollar?
Now if you are going to say that Brent crude is now going to benchmarked to the YUAN, well that would be quite different and very stupid. I seriously doubt any of the OPEC members have any interest in oil settling in YUAN.
And the comment about other countries rushing to utilize the YUAN. Seriously doubt it. The issues Chinese markets saw over the last several weeks only emphasize why the yuan is not a reserve currency
I like this arms deal much better than the last arms deal we had with Iran.
None of this is new to me. Save the education for people like Jscott and such. The fact that Iran was doing what they were doing, and the fact that it has helped lead them to tougher sanctions which occurred shortly thereafter isn't a coincidence. How do you think the dollar has stayed so stable? Because of deals just like this. Ask Iraq what happens when you try to do what Iran did in 2012.
When are you guys going to admit that all this Middle Eastern BS is a power struggle? Once you finally understand that, you'll get why what I posted is VERY valid to the argument. I didn't write the articles Venkman, other people did. There are numerous articles, papers, videos, conferences, etc. on this very topic.
Are we supposed to listen to the poor, poor scientists, or them? Your points mean absolutely nothing, because you simply started going in entirely different directions with your response.
Last edited:
Anybody who totally loves or hates this deal at this point probably doesn't know what they are talking about. I certainly don't have all the answers here. There are things in it that I am not really a fan of, other things that strain credulity a bit...but I also firmly believe that sanctions are stupid in the long run and am not aware of a situation in the history of the world where they actually worked. Anyone who reads my posts is probably aware that I am a big free market guy, and I think it is the most effective tool of regime change there is. It is much easier to dominate and radicalize a poverty stricken, closed-off country...which is exactly what sanctions create. So, let's get some Iranians making some money, lets let their standard of living come up some...you know, actually give them something to lose should their religious leaders decide to go bat$#!+ crazy. And to that end, regimes don't get much crazier than the fruit-loops in Pyongyang, who already have nukes and who hate S. Korea every bit as much as Iranians supposedly hate Israel and America...yet, no mushroom clouds over Seoul. Iran is going to get a nuclear weapon someday, probably someday relatively soon. I am not thrilled with their current leadership having their hands on that capability, but not liking it does not prevent it...so lets try to take the tension down a notch, and maybe in the process Iran will moderate a bit and join the rest of the world as many of their neighbors have done.
Did you even read what you wrote before you hit post reply?
I read a lot of articles as well. The one you posted is laughable and anyone in the commodity industry would agree. The US$ stability is shaped and traded by global economics. See Russia, the UK, Brazil, japan etc etc. Are you suggesting that the US$ took a 8-10yr hit because a couple of countries decided to buy oil in Yuan? Even as it took a hit, it has been incredibly stable and is now showing strength because China is showing real vulnerability in its economy as are many of the other countries I listed above.
Of course the mid-east is a power struggle. Again this has nothing to do with US$ stability. My point was to point out that Obama pushing this deal has little to almost nothing to do with the US$. Not at all 'going in entirely different directions' in my response.
For all the details over which nuclear negotiators have tussled for almost 20 months, there has been one overarching goal: to lengthen how long it might take for Iran to break out from its Non-Proliferation Treaty commitments and actually assemble a nuclear explosive device. But while Tehran has carefully crafted a program to build almost all the components it would need to break out, intelligence analysts and diplomats both may have erred in assuming Iran would want to break out sooner rather than later.
Instead, there is much to suggest that Iran's leadership has a longer-term strategic plan that envisions no immediate breakout. After all, a country that is in a race to build and test a nuke doesn't need to invest in multiple facilities and double down on advanced enrichment. Both Iranian procurement and International Atomic Energy Agency reporting indicate Iran is game to wait until it has both the means and the materiel to break out -- like Pakistan, Israel or India -- with an arsenal of nuclear weapons, rather than a single bomb. And if that is the case, the deal inked early Tuesday will not stop it.
http://www.cnn.com/2015/07/14/opinions/pletka-iran-nuclear-deal/index.html
Israel, too, focused intently on Iran's nuclear timeline, and on persuading the world of the imminence of an Iranian nuclear threat. In 2005, then-Israeli Defense Minister Shaul Mofaz warned Iran was on the verge of a "point of no return." In 2012, then-Israeli Defense Minister Ehud Barak told the Knesset that Iran was fast approaching what he called a "zone of immunity," the moment when a military strike would no longer be sufficient to disrupt nuclear work in hardened facilities. That same year, President Barack Obama warned that the "United States will do what we must to prevent Iran from obtaining a nuclear weapon," cautioning Tehran that the time for diplomacy was "not unlimited."
The nuclear deal of which Obama is so proud does nothing to limit nuclear weapons research, nothing to limit enrichment research, nothing to limit miniaturization or delivery work and little to investigate or shed light on past Iranian efforts to acquire nuclear weapons capability. Indeed, the agreement will reportedly allow cooperation between Iran and other nuclear powers that will only enhance its efforts.
Instead, there is much to suggest that Iran's leadership has a longer-term strategic plan that envisions no immediate breakout. After all, a country that is in a race to build and test a nuke doesn't need to invest in multiple facilities and double down on advanced enrichment. Both Iranian procurement and International Atomic Energy Agency reporting indicate Iran is game to wait until it has both the means and the materiel to break out -- like Pakistan, Israel or India -- with an arsenal of nuclear weapons, rather than a single bomb. And if that is the case, the deal inked early Tuesday will not stop it.
http://www.cnn.com/2015/07/14/opinions/pletka-iran-nuclear-deal/index.html
Israel, too, focused intently on Iran's nuclear timeline, and on persuading the world of the imminence of an Iranian nuclear threat. In 2005, then-Israeli Defense Minister Shaul Mofaz warned Iran was on the verge of a "point of no return." In 2012, then-Israeli Defense Minister Ehud Barak told the Knesset that Iran was fast approaching what he called a "zone of immunity," the moment when a military strike would no longer be sufficient to disrupt nuclear work in hardened facilities. That same year, President Barack Obama warned that the "United States will do what we must to prevent Iran from obtaining a nuclear weapon," cautioning Tehran that the time for diplomacy was "not unlimited."
The nuclear deal of which Obama is so proud does nothing to limit nuclear weapons research, nothing to limit enrichment research, nothing to limit miniaturization or delivery work and little to investigate or shed light on past Iranian efforts to acquire nuclear weapons capability. Indeed, the agreement will reportedly allow cooperation between Iran and other nuclear powers that will only enhance its efforts.
This is a little disheartening as well:
There will be significant sanctions relief for the leader of the Quds force, a special unit of the Iranian Revolutionary Guard accused of supplying militants with weapons to kill Americans during the Iraq war, under the new Iran nuclear deal.
Gen. Qasem Soleimani will have his travel ban lifted and foreign assets unfrozen -- sanctions imposed by the UN -- if the deal goes as planned.
It was not immediately clear where he would be allowed to travel or which assets would be unfrozen under the deal.
There will be significant sanctions relief for the leader of the Quds force, a special unit of the Iranian Revolutionary Guard accused of supplying militants with weapons to kill Americans during the Iraq war, under the new Iran nuclear deal.
Gen. Qasem Soleimani will have his travel ban lifted and foreign assets unfrozen -- sanctions imposed by the UN -- if the deal goes as planned.
It was not immediately clear where he would be allowed to travel or which assets would be unfrozen under the deal.
One thing that is so tiresome in the US political rhetoric is the childish, pointed comments that both sides consistently make. Its the fallout from a President and a Congress that have a truly toxic non-working realitonship. Yes Obama is really patting himself on the back, but it is just noise at this point.
I am listening to Obama right now talk about this and he is taking questions. he suggests that no one else had a plan or was anywhere close to getting a deal in place. Frankly, i dont know if that is true. I hear from Boehner that it isnt true but I dont have any of his details. I am hoping that this deal can work as it is a step taken that doesnt pose the US as coming to the table with a loaded gun and dictating from that point of view. BO maintains that Iran was moving forward no matter and the Sanctions that everyone is so up in arms about can be reinstated at any point.
He shares the concerns of all the regional neighbors over there and suggests that can hopefully be solved by tighter policing of the region with US's allies.
Lastly he suggested that the number one objective is to contain ISIS. i am not wise enough to know if this is helping or hurting that.
This was always the goal. this is a good thing.
So they slowed the process, didn't stop it. Like plugging the Hoover Dam with bubble gum...
