Iran Deleted From the World's Banking Computers
dtjohnson writes "Iran is being deleted from the world banking system Society for Worldwide Interbank Financial Telecommunication (SWIFT) computers as of Saturday at 1600 UTC. Once the SWIFT codes for Iranian banks are deleted, Iranian banks will no longer be able to transfer funds to and from other worldwide banks, turning Iranian international commerce into a barter operation. SWIFT is taking the action at the request of EU
members to comply with international sanctions against Iran due to its program to develop nuclear weapons. The effect will be to drastically hinder Iran's ability to execute international business transactions."
The whole reason that Iran and North Korea even began pursuing nuclear weapons is because of that incredibly stupid "Axis of Evil" speech that George Bush made in 2003. When the largest military power in the world labels you as one of three "Axis of Evil" members, then proceeds to invade one of the other two, it tends to make you a bit twitchy. And, both Iran and NK know that the only way to really protect yourself from U.S. invasion is with nuclear weapons.
Due mainly to Israeli and U.S. propaganda, a lot of people seem to think that Iran is building nukes to attack Israel. But the fact is that Iran has never shown itself to be a particularly hostile or irrational nation in any military sense. And even despite the anti-U.S. rhetoric that followed the revolution that overthrew the U.S. puppet shah and the U.S. helping Saddam Hussein during the Iraq/Iran war, Iranians have been surprisingly open to U.S. diplomacy in the past. They were even one of the first countries to offer the U.S. condolences after the 9-11 attacks, and in the pre-Bush years maintained a stable, if sometimes tense, relationship with the U.S. They're a country that seems to want to be liked on the world stage. But they're also a country that wants to send a message to the U.S. that they're not going to stand by and be invaded on some U.S. oil grab.
So we cut off their banks and hit them with sanctions. Fine. A lot of Iranian people will suffer. And maybe this will lead them to negotiate, maybe not.
But you know what I bet would ABSOLUTELY lead them to negotiate and drop their nuke program?
1) Offer a few public goodwill gestures to make it clear that the U.S. is *not* going to invade them or attack them
2) Tell Mossad to stop assassinating their scientists, or face sanctions of their own.
3) Reign in Israel and make it clear to them that attacking Iran will NOT be tolerated, and will cost them the friendship of the U.S.
4) Normalizing relations with Iran.
You do those four things, and you won't need to cut off their banks to get them to the table. They'll be *running* to get to the table.
SJW: Someone who has run out of real oppression, and has to fake it.
So the US of A is being sanctioned too since they have a really prolific nuclear program ?
They become a full nuclear power. Do we sit down and talk, then play nice with them?
Right. Because invading a country with ICBMs will work out so much better.
Best Slashdot Co
...Piss off the ones with the nukes...that WILL use them.
Try translating that jumbled mess into a readable format. It's a pain.
We cannot afford any more wars.
If you think going toe-to-toe with Iran is a good idea, then i suggest you commit to donate 2x the annual federal taxes you currently pay and sign up for the military.
Doesn't it seem interesting that Israel hasn't been penalized with such punishments when it already has a fistful of nukes and not just a nascent program to make one? Isn't it curious that the international community lacks the theory of mind to comprehend how Iran might justify a need for nuclear weapons in the same way that Israel or the United States did?
I bought just two days ago a Persian relic on eBay and thanks God I could transfer the $7000 via SWIFT!
It's about dollar-backed oil.
I'd think that what is happening to Iran can be considered for all practical purposes an act of war.
Seriously, try uplugging the UK or France or the US from the International Banking System. I'd guess that 2 seconds later you'll start seeing tomahwaks missiles flying straight to whoever is reponsable for such a despicable act.
I'd hope that Iran tells the west to fuck off and finishes their military nuclear program. Once it's done no more shenanigans from the US and other corrupt democracies.
It's more like "many" banks in Iran are being temporarily blocked from processing transactions with the EU. It's not all the banks in Iraq, and it doesn't appear to apply to transactions anywhere outside of the EU. It probably will hurt the people the most, but that's true of practically every sanction available. And it's cheaper, takes less time, and is easier to recover from sanctions than bombing raids that wipe out a country's infrastructure, which is the alternative.
Is it just my observation, or are there way too many stupid people in the world?
Cutting iran off SWIFT may lead to development of new messaging system between Iran, Russia, China etc. This would make banks of those countries less dependent on western entities.
"...wait for March 20, when the Iranian oil bourse will start trading oil in other currencies apart from the US dollar..."
http://www.atimes.com/atimes/Middle_East/NB17Ak04.html
(No, I haven't read the full article, it was linked on wikipedia ( http://en.wikipedia.org/wiki/Iranian_oil_bourse#Opening )
Who are SWIFT? I've never heard of them before ...
The purpose of existence is to make money.
I believe that it was Ahmadinejad's calling for the destruction of Israel that cause concern on the israeli side. I mean sure, he might just be saying that, and he might just be developing nuclear power for electrical usage but some can be forgiven to mistrust.
You say "Due mainly to Israeli and U.S. propaganda..." while there is propaganda, no one has forced Iran to support a president that has stated Israel would be wiped off the map, as terrorist organizations have done previously.
People that do not support their dictators tend to revolt, I believe.
It can and will be used against anyone who opposes the US.
Israel on the other hand, with all the nukes they have, gets a free SWIFT pass.
Even if Iran owned a nuclear weapon, they wouldn't want to nuke Israel. The mosque in Jerusalem is the second holiest in the Muslim world, after Mecca. Nuking Israel would mean the destruction of a holy Muslim city.
I don't play MMOs. I had to look up wtf you meant by that, but yeah.
So... just use Paypal?
You have a sick, twisted mind. Please subscribe me to your newsletter.
Hasn't it usually been these types of embargoes and sanctions that make these places go further downhill and drive them into even more an adversarial position? Turning a country into a poverty stricken wasteland isn't really the way to prevent it's citizens from wanting to strike back at you, but I suppose being on remotely good terms with others isn't what keeps the DHS funding coming.
Note: I don't support Iran or any nuclear weapons development they may be doing, just calling the most likely result ahead of time.
SWIFT is a co-operative society under Belgian law, which its shareholders own and control
Just in case you didn't think global capitalism and corporations were significant, here's a good reminder.
Wonder what this will do the OPEC relations? This may have the effect of "reducing" the available supply of crude, and may spike the oil price. This whole thing smells of market manipulation.
Seeing that they're no longer 'Worldwide'.
BTC jumps 5000% as Iran desperately seeks to reconnect to the global economy.
I wonder what is the position of Slashdot Editors towards war, or towards a war against Iran.
Has this post anything to do about "news for nerds"?
Get my e-mail after a captcha test in: http://tinymailt
Of course, not be confused with Swifty
http://us.battle.net/wow/en/character/darkspear/Swifty/simple
Came across this the other day....
I would want Nukes if I saw this.
http://www.conspiracyuk.co.uk/iran-who-is-threatening-who/
Until you have your bombs or keep starting wars without UN approval.
It backs terrorist groups in Palestine, Israel, Iraq, Egypt, Turkey,etc,etc. Then again we made nice with Qaddafi before we starting shooting his own people and he blew up a US airliner and bombed a cafe full of US soldiers.
If you really want to get an idea of bizarre US policy look at Cuba. Cuba hasnt sponsored Terrorism in 40 years and is still embargoed while we did business with Qaddafi and Iran. Americans can visit North Korea a country we are still technically at war with but they cant visit Cuba a country we were never at war with and we are one of their largest trading partners.
the jewss the jewssssssssblameeee thE jewwwwwwsss!!!!!
and then blame the blacks right after.
...and it's amazing how often you'll be absolutely right.
Noooooo, them being blocked in international trade is entirely unrelated to the Iran daring to sell its oil for anything but Dollars. And the timing is also purely coincidentally.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
Actually, he isn't a dictator. The Supreme Leader is the one actually in charge.
It would be a heck of a lot easier just to disable Iran's SWIFT codes, rather than delete them. That way, when they are turned back on next month, you don't need to recreate them, but rather just re-enable them. Honestly, won't someone think of the admin?
The bottom line is that I don't trust anyone with nuclear weapons, especially the US government. Why especially? Because the US government is the only government that has actually used their nuclear weapons, deliberately killing innocents. (You can't use a nuclear weapon without deliberately killing innocents.) And you can't argue with history.
I certainly don't trust the Iranian government either, but surely I can't be the only one who doesn't see the logic in trusting a government that HAS used nuclear weapons, while at the same time distrusting a government that has not?
I see the problem now. The people that trust the US government fancy themselves being on the same team as the US government. That couldn't be further from the truth, even if you are a US citizen.
How do you track when someone swaps 100 tons of wheat or 100 bars of gold for some barrels of oil? You can't. If you "let" them use the international monetary system, you have a means of tracking all their activites. Follow the money and you find the bad guys. Giving them a pass on that lets them trade with whomever they want without any trace.
I want to delete my account but Slashdot doesn't allow it.
Obama already reached out to Iran. He began his presidency apologetically acknowledging U.S. involvement in a coup that happened more than 50 years ago. He then offered bilateral negotiations that, predictably, failed miserably (that was the whole plan of two-party talks, to blame the mean Americans and walk out). And, of course, Obama didn't support the 2009 uprising (when protesters were yelling, "where are you Obama?"), and has continued the blacklisting of Mujahedin-e Khalq (or MEK), the Iranian dissident movement as a terror organization, so as not to upset the Mullahs.
And what did Obama get for his "goodwill" as you put it?
Continued lethal Iranian assistance to guerrillas killing Americans in Iraq and Afghanistan; a plot to assassinate the Saudi ambassador by blowing up a Washington restaurant; the announcement by a member of parliament of Iranian naval exercises to shut down the Strait of Hormuz; undoubted Chinese and Russian access to a captured U.S. drone for the copying and countering of its high-tech secrets.
It's worked great! Let's try appeasement again. Because this time will be different.
Slashdot "libertarians": Small government for me, big government for those I disagree with. -1, I disagree with you
The SWIFT system was constructed by the west to manage bank transfers. You can be sure that Iran will alternatives to it - just as Iran has found alternatives to every other sanction the US has imposed ove more that 30 years. So what the west is actually doing is facilitating the deconstruction of a once universal system, and facilitating the construction of an alternative that the west does not control.
Gold works just fine. Who needs banks.
Iran, after just yesterday celebrating the aniversary of being 'very extremely close to building the bomb now' for 20 years, now announced that the Iranian gouvernment has ordered to cease all of the countries nuclear operations and research and inmediately focus all resources in building a rating agency.
The rating agency is being constructed in downtown Teheran as we speak and is due to be finished in 8 weeks, when offices will be furnished and the first analysist - fresh graduates from the Abda-alla-hap Business School - will move in. Stockmarkets throughout the western hemisphere plumeted as the news struck and the UN has summoned an emergency security concil meeting for tomorrow morning.
Iranian President Mahmud Ahmadinedschad, in a speech this morning, threatened western powers with saying 'we will rate all infidels with B- or lower'. His word could hardly be heard through thousands and thousands of bearded and veiled muslim ultrafanatics cheering in the streets and in parliament. Israeli gouvernment and military officials have declared Defcon 3.
We suffer more in our imagination than in reality. - Seneca
Monday is the Persian New Year, the biggest Iranian holiday. Guard may be lower that day. Also the less fatalities if fewer people working at the nuclear sites.
Cuba wasn't embargoed because it was sponsoring terrorists. It was embargoed because they were in bed with the USSR, a fully communist devoted country at the time. Having the USSR try to place strategic nuclear weapons 90 miles off the coast of the US didn't help. Cuba was a proxy for disagreements between the USA and USSR.
That you think it has anything to do with terrorists is laughable. The policy is only bizarre to you because you clearly have absolutely no idea what you are talking about.
Â16 And he causes all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: Â17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
Politics is Treachery, Religion is Brainwashing
I was under the impression that while nuclear weapons aren't exactly pleasant they aren't extinction-level devices. The main reason they were thought of as such is because with the Cold War, if either the US or Russia used nuclear weapons then the other side would launch everything it had as a combination pre-emptive/retaliatory strike, meaning that the only way to strike initially would be launch everything so that they other side hopefully wouldn't have a chance to respond. That's why nukes could have caused that nuclear winter, not specifically because of the properties of nuclear warheads but from two continents being annihilated by Mutually Assured Destruction - mostly due to the damage in Asia due to the conjoined Eurasian continent.
For weaker nations, nuclear weapons help keep their enemies away from them in a balance of power - I wouldn't mind seeing the weapons go away but I can see why such nations would want them defensively. Course, it just takes one or two bad decisions to deploy them offensively...
I realize Hiroshima and Nagasaki were early versions of nuclear weapons but the strikes didn't make Japan a nuclear wasteland. How much has the media overplayed this into one device being able to annihilate everything within 60 miles of it?
My point - nuclear weapons are an advancement in destructive firepower but aren't an extinction-level event, if Iran has it then sure - it's not good as that means more nuclear weapons are present and if they use them that's not going to do anything good to the local biosphere but it isn't going to destroy the planet, is it?
What are we worried about - are we worried about them having nukes and as such having a better bargaining position, that they could use the weapons offensively, that they'd create more weapons that could filter into unregulated groups or such?
federal reserve, central banks and the IRS should be deleted
I have implemented SWIFT for investment banking ETL- let me preface this by saying most back-office investment banking ETL operations are not standardized and generally a mess. SWIFT is a relatively new standard schema. You will still absolutely be able to get pricing on an Iranian bond from Bloomberg. Money is far more important than poitics in the financial world.
A CUSIP or ISIN is the unique identifier for securities. When you want to know how much your security is trading for or what the options spread looks like, you use that identifier- and a company like Bloomberg or Reuters will send you back the data for a fee. That request/response may be in a SWIFT format- but I can tell as of right now, you certainly don't have to use that. every market data providers format is different, SWIFT is just a relatively recent attempt at a standard.
So really- this will have no effect. Even if Bloomberg where to stop pricing Iranian securities, they're still worth something on an exchange- and some market data provider is going to tell you how much that security is worth. And you'll still be free to trade it.
...now watch this drive.
And other country from middle east. Why are they singled out ?
No matter how nice or mean we are to Iran has no bearing on the fact that it's in their nation's best interests to wield nuclear weapons as a deterrent vs. US invasion. Obama has done pretty much what Bush was doing - fucking up in the Middle East because he doesn't grasp the very basic concepts of the rights of states to determine their own government. You can't just give someone a Democracy - it must be willfully EARNED. Iran's sovereign right to be a country run by zealous Muslim imams is tragic, but it's still their right to be Holocaust-denying jackasses.
Remember kids, if you're not paying for the service, YOU ARE THE PRODUCT THAT IS BEING SOLD.
Iran has decided to switch from the Iranian rial to Bitcoins. According to various government officials the shift is part of Irans plans for a high-tech future.
Khatami(the closest thing Iran has had to a moderate and the only honestly elected president Iran in the last 40 years) wanted to normalize relations with the US in 2003. Iran hated Al Queda who they view as an enemy and a rival for power. In 2003 iran was willing to do everything the US wanted(including fighting al queda,stopping support of hamas, full cooperation with the IAEA) in exchange for normalized relations and "mutual respect". A detente with the US would have likely strengthened Khatami's power base in Iran.
http://www.washingtonpost.com/wp-srv/world/documents/us_iran_1roadmap.pdf
Bush wanted iran to capitulate to all US demands first instead of "mutual respect"
Eh, it took over 2 years for Iraq's decision to take Euros for oil to result in "regime stabilisation" (or whatever history records as the casus belli). The should be enough time for the Iranians to get their garlands of flowers ready to drape on the liberating boot of freedemocracy.
If you were blocking sigs, you wouldn't have to read this.
If the US and UK hadn't intervened and overthrown the democratically elected government of Iran just because said government decided it was going to kick out the Anglo-Iranian Oil Company (one of the ancestors of the modern BP oil company) and take full control over Iranian oil, its likely that Iran would have continued as a democratic constitutional monarchy instead of becoming the strict Muslim state it is today.
They are already here.
What with America wrecking this place for oil, China telling everyone to beat it with respect to wanting precious rare earth elements for pretty much anything, and many others.
Not to be all "oh worlds gon' end", but things can only get worse from here on out.
Unless of course any of those fusion projects become successful any time soon...
That will remove such a huge problem from society, energy production.
Equally, it will spread on to water. With such high amounts of power, we could power water purification on mass scale instead of silly little plants and lakes, or removing water from vital river sources.
Then food. High-density food vertical farming, even a full hydroponics system. I saw a recent documentary on a prototype for a large-scale version, it works really nice
The big 3 will be trivial within a few decades of it finally being successful. Whether or not it will be too late by then is another question.
OilForBitcoins.com
but your four suggestions require a rational regime to be in power. I am not sure you can find many in the world who are rational, especially in that part of the world. I would go as far to suggest few in the West meet the criteria but they are certainly closer.
Unfortunately being nice doesn't work in the real world. The bad guys simply see it as weakness to be endlessly exploited.
So about your list.
1) they would never believe it and they need as a bogeyman more than as a friend to keep their own people in line.
2) I bet the list would not stop at Mossad, I am quite sure there are many other world powers involved. Why just pick on them?
3) Reign them in? Hell they have shown more restraint that we have when it comes to world affairs. What do you expect them to do? They suffer nearly daily rocket launches from supposedly "peaceful areas" watch nearly daily speeches from Iran about wiping them off the face of the Earth, and they are one of the few states to have been invaded by their neighbors yet survived. Please don't throw the plight of the Palestinians in on this, no one else there wants them anywhere but where they are now.
4) Until you have rational leadership in Iran you cannot have normal anything.
* Winners compare their achievements to their goals, losers compare theirs to that of others.
I would have a system in place to render their oil useless at a moment's notice. Seems a lot more attainable than a nuke.
Jewish-style.
Did anyone think, that this might make their lives quite a bit harder? How can they now e.g. transfer needed money for their families/relatives?
They're here. They're big. We can't stop them (nor do we want to, thanks to the likes of Goldman Sachs).
Have gnu, will travel.
.... BitCoin was invented :D
After all, they deleted the US from the world's banking computers when they developed a nuclear programme.
step 1: wait til comment period ends for this page
step 2: save as html only
step 3: extract every username (idnumber) combination
step 4: never read anything they write ever again
I'm Canadian. Our government was elected with 40% of the popular vote but because of how the voting system works they have a majority in the government and can basically do whatever they want. The way my voting district boundaries are set up there's basically no chance that the candidate I vote for will be elected.
So...am I personally responsible for what my government does or not? Given that I am politically opposed to the current ruling party, how would I have less influence on government policy if it was a dictatorship?
The US has chosen to elect individual to represent them. Presumably those individuals should be more up-to-speed on political matters than the people that elect them, so it doesn't seem totally unreasonable for them to make decisions that the average joe wouldn't because they're not paying attention.
Here's an article about the iran elections that sums up the arguments for a legitimate win for Ahmadinejad
http://www.raceforiran.com/wp-content/uploads/2010/06/IranArticle-060110.pdf
It seems like EU and the international community is injecting politics into the world's economy. God knows that this is going to have disastrous consequences if this becomes a norm.
I guess Iran will need to start using bitcoins, which could be used to circumvent such exchange bans.
Most US banks don't have real swift codes either and very few of us seem to care.
It does not mean your cut off from the transaction network it just means you need to go through an intermediary bank that happens to be on a particular network you want to transact with.
There are no shortage of such banks in Russia and China who don't give a shit about US/EU sanctions.
They will just run their transactions through Chinese and Russian intermediaries. Inconvenient but not crippling.
No UN conviction.
No IAEA proof.
No US proof.
Still the bankingcartels that own the US government and much more do think they need to press forward and hasten their collapse.
The US needs the oil, needs the resources.
The weapons thing is just another excuse as it was in Iraq.
And the people let it happen. War after war. Without approval from congress.
The empire is already falling but we don't see it.
What program? What evidence.
I know many believe that's the case, but there's no conclusive evidence - at least none that isn't the "just trust us wink-wink, our all knowing leaders would never lie to you, and we're perfectly trust-worthy" kind. You know, don't let the problem of actual *evidence* worry your pretty little head. Leave that to the big serious folks. [Who incidentally have financial ties to the military-industrial complex and are hauling home cash by the truck-load.]
Second - they have a right to pursue a nuclear program. [They've signed agreements not to pursue a weapons program.]
So, it seems really crazy to demand that the Iranians prove the impossible. True or not, they will NEVER be able to prove they aren't working on a nuclear weapons program. I mean, sheesh, if Iraq couldn't prove there was no WMD program when there really WAS NO CREDIBLE EVIDENCE WHAT-SO-EVER that they were, how could Iran hope for any better?
Proving a negative is always a losing battle...
[You know why Elephants paint their toenails red, don't you? Because they can hide in Cherry trees! You've never seen one, have you? See, it works!]
What Iran is really doing, I'm not sure. But I don't think anyone else is SURE either. So, we simply have to live with not knowing for sure.
Finally, I'm really not sure what gives the rest of the world the right to demand that a sovereign country stop doing developing any nuclear program.
It's OK if the west, or our friends do it, but you're EEEEVVVIIILL brown skinned muslims, so everyone must be *very* afraid!
I'm sure it won't be a good thing, but frankly, ANYONE having nuclear weapons is a bad thing. But it's kind of hard to ask "them" to give up the opportunity when you and all your friends have so thoroughly enjoyed it yourselves.
"international sanctions against Iran due to its program to develop nuclear weapons."
always remember: the united states, nor the UN, nor the IAEA have any proof at all that Iran is developing nuclear weapons. its subtle changes in the wording that will inevitably lead us all to conclude this is the case however.
Good people go to bed earlier.
The parent comment throws together a mish-mash of accurate and inaccurate statements, and finishes with somewhat naive bullet points.
--> GWB's axis of evil speech was idiotic.
--> Iran as been researching nuclear weapons technology since prior to the revolution. Some puppet.
--> North Korea has been utterly focused on developing a nuclear bomb since at least 1993, when they dropped out of the Nuclear Nonproliferation Treaty.
--> And if I could catch a leprechaun, I'd have enough gold to pay off the US debt: The internal politics of the US is such that nothing will be done to reign in Israel in the larger sense, for much the same reasons that nothing will be done to change the relationship with Cuba. In the short run, I'm sure plenty of pressure is being applied not to attack Iran right now.
--> Sanctions are having a noticeable effect. Previous Irani negotiation offers included a number of pre-conditions that left little to negotiate. Those pre-conditions have disappeared in the last few months. What's unknown is the degree to which the Iranis actually want to negotiate, vs. buying more time to do whatever it is they're doing.
Luke, help me take this mask off
Regarding the parent's quip for a "libertarian trade embargo", the market is stupid, and would sell the rope used to hang it. The root of the writer's complaint is with how foreign and trade policy is handled in democratically organized nation-states, not the issue-of-the-moment.
If war comes, and the writer wishes to root for Iran, that's his prerogative. But, he's liable to get his ass beat and end up on a number of shit lists, depending on the nature of the flag waving. Just keeping it real.
Theocracy in Iran v. Religious Influences in the US: I think we've found another Nader 2000 voter. He's spot on that the GOP presidential contenders are going out of their way to pander to primary voters. But, even if the current GOP had a lock on every elective office in the US, shitty as that would be, it wouldn't begin to measure up to the degree of clerical control Iran "enjoys".
Luke, help me take this mask off
from whatever fantasy world you live in, and move to REALVILLE! You think anything short of murdering every last jew, homosexual, non islam believing person in the world is going to shut Iran up?
You should put a "Hobbies" section on your signature. Within, list "Making straw men" and "Knocking them down". That would be right after the "Education" section, where you put "I make shit up".
Seriously? Iran started pursuing nuclear technology in 2003 after George Bush gave his Axis of Evil speech? Seriously? Holy shit! Please, tell me who rewrites your history. I've got to use them! To think that reality says they started not long after their glorious revolution. History is such a fool.
And North Korea started in 2003? 3 years from deciding to develop one to testing? Those North Koreans must have some seriously amazing physicists. North Korea started, at the latest, not long after the fall of the Soviet Union.
The Mullahs always act in their own twisted sense of best interest. Obviously the best interests of Iranian citizens is not a priority, evidenced by their brutal crackdown on protestors. A twisted sense of self-interest includes annihilating millions of Jews in order to secure entry into heaven. Of course heaven can wait since the Mullahs will be snug in their deeply buried nuclear shelters, but the rest of the Iranian people can turn into shadows on the wall for all they care.
the Iraq war happened just after Iraq said they'd stop using the dollars too. Lots of people have debated about it
http://www.feasta.org/documents/papers/oil1.htm
Race to the bottom? The Euro and Dollar are not in the same category.
I think you're confusing the Greek debts, or possibly the PIGS-countries, with a general European malaise. Have you looked at the value of the Dollar and Euro versus other currencies over the last year, five or ten years?
The Euro currency will "recover", from what little it has lost, because it's supported by strong Northern European economies like Germany, and the rapidly growing markets in Central and Eastern Europe (see Poland especially).
The Dollar only has power and dominance as long there's faith in the US currency and government. China has "funded" the Dollar for a long time, from what they've said and done lately it's clear that's not going to continue for ever. I expect the RMB/Yuan to become more important than it is, I'm not sure the Dollar will remain dominant in a multipolar world.
Iran is just a county like all others filled with regular people. The difference is the few who run it are basically assholes. This is particularly unfortunate for the average Joe just like you and me who was unlucky enough to be born there :(
It's not the first country this has happened to and it won't be the last. I thank the lucky stars I was born in a (relatively) free country.
WTF??? Every intelligence agency in the world says Iran has no nuclear weapons program. More of that Bush agenda thing here.
This is rich, coming from the continent that exploited, killed and plundered across the whole planet for hundreds of years. Time to get on the new program, Europe.
This is rich, coming from the continent that exploited. killed and plundered across the entire planet for hundreds of years. Time to get on the new program, Europe.
To help enforce sanctions that haven't worked in over 30 years now, (or however long we've had "sanctions" against them) they've been deleted from the banking system.
So that will also stop them from using cash, right? Oh, wait... cash doesn't go through the computer system...
After a long enough time, a nation with sufficient natural resources, people, and the will to develop, becomes successful and prosperous despite or even because of sanctions. All sanctions do is force them to become self-sufficient, and self-reliant. They are heading that direction if they're not already there. Right now we cannot trade with the moon men, or people of Mars, or those of Jupiter's, or Saturn's moons. What effect is that having on our economy? Oh, that's right, there are no moon men or people (as far as we know, no life at all!) in any of those places. If it turned out there were, would we be suffering because we can't trade with them?
Let's pretend that all international sanctions imposed against Iran are actually being honored by everyone. They simply live in what amounts to a very small world, indeed. If sanctions were really tight and effective, the US, China, and countries that actually produce goods would be as the moon men, and the hard-working, industrious people of Mars, or the moons of Jupiter and Saturn. (No disrespect to those working hard to make consumer goods elsewhere in the solar system or broader universe... we're just talking regional trade, here.) If we all did not exist, Iran would have to do all for itself. Over years and decades, it has been learning and developing to do just that, and eventually, sanctions are like those things that don't kill them... they only serve to make them stronger.
Like antibiotics that help breed resistant strains that are stronger than their ancestors, sanctions are not only ineffective, they're worse... counterproductive.
“When goods do not cross borders, soldiers will.” -Frederic Bastiat
YOU lose!
"..international sanctions against Iran due to its alleged program to develop nuclear weapons."
FTFY
Perhaps there's some important evidence I missed
and +1 horribly insightful
Take away people's means to access a basic service.. and the net will provide. Probably not in bitcoins.. but.. bankers around the world will find a way to take Iranian money..
You have a sick, twisted mind. Please subscribe me to your newsletter.
Sorry, but you have your cause and effect backward, NK got into the Axis of Evil because of their nuke program not the other way around
http://en.wikipedia.org/wiki/Timeline_of_North_Korea_nuclear_program
The Iranian program also long predates the Bush speech, Clinton had already imposed sanctions against them in 2000 due to their activities.
The rest of your post is delusion, your points that you think would lead them to negotiate would convince them precisely that they were taking the right actions by going forward.
I'm guessing you don't play much poker, or negotiate in business contracts. You seem to assume that there is some reason they would not just want to have those weapons in the first place.
-jon
Just route all Iran financial transactions through PayPal
Casteism
This action, of course, constitutes a classic casus belli, just as do the Israeli assassination of Iranian scientists, the release of Stuxnet worm, the US arming of Balochi tribesmen to carry out military attacks on Iranian territory, and the constant threats from the US and Israel to bomb Iran's nuclear sites (prohibited by IAEA Resolution 533 which regards any such attack as a violation of international law), etc, etc. But it would seem that the US and Israel enjoy impunity against the rules which govern the rest of the world....
Henri
The US et al. are committing an Act of War by doing this. What ever comes is deserved.
...the oil? ...the nukes? I doubt it. I predict Iran will be invaded under whatever pretext will justify it. One of the first things the invaders will do is dismantle the state owned central bank and establish a privately owned central bank. Just as happened in Libya, Iran, Afghanistan and soon Syria. State owned central banks are contrary to a unified world banking system. Very few of them left.
If only Americans would vote for him.
Now this I love. You're working the whole Khazar thing in. How much time do you spend on Storm Front? Own any Nazi paraphenalia? Burn crosses often? I'm glad your Jew-hatred has come out for all to see.
Face it: Iran is an evil regime that has manipulated Palestinians into an endless war they will never win. Their blood is on Persian hands. I'm sure if you got the chance, there would be plenty of "Khazar" blood on your hands.
For those of you who might still be reading what sixtyeight has to say, I'll provide a link to some useful information so you can understand the hateful pill that he has swallowed. Don't take the candy, kids.
http://cifwatch.com/2011/02/27/guardian-reader-pulls-out-anti-semitic-khazar-myth/
"It is one of the great ironies of the 21st century that anti-Zionists and anti-Semites on both the Left and the Right, have returned to racialist arguments against Jews that most of us thought had died out after World War II."
That's just a taste. I'm sure sixtyeight will froth like mad when he reads the link. Then again, he already was.