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Pastimes : Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (3669)	3/27/2010 12:17:20 AM
From: Oeconomicus	1 Recommendation Read Replies (1) \| Respond to of 3816

"I don't know what YOU would suggest? You were the one doing the hand wringing, so don't go puttin' words in my mouth the wiggle out of answering. And FTR, the administration is NOT working on tougher sanctions on Iran. They gave that up a day or two ago and went back to the old, ineffectual ones because they were getting nowhere with Russia.

To: RMF who wrote (3669)	3/29/2010 1:31:42 PM
From: TimF	Read Replies (1) \| Respond to of 3816

We could blockade them and cut off their "refined petroleum products" If Russia goes along with it we could. Of course that would mean WAR and the immediate death of thousands of our military people and maybe half the population of Israel. Iran doesn't have that type of capability, at least not yet. They don't have nukes to deliver to Israel, they don't have the conventional military power to cause thousands of American military deaths. They can cause more problems in Iraq and Afghanistan, they can commit terrorist acts against us, our allies and our interests, they can also attack militarily but if they do so the only thousands dieing will be Iranians. If we ever invaded them than thousands of Americans would die, but probably more from the aftermath rather than the resistance of invasion, and I don't think an invasion is in the cards, its a VERY unlikely scenario. As for $300/bbl oil its possible but wouldn't be certain (an sizable increase would be though). Depression is probably unlikely (at least if its defined as something like the great depression, but a double dip recession with the 2nd dip worse than the first would be very possible.