Comments on: Iran drops the dollar. http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/ Thu, 26 Nov 2009 05:09:42 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: ctalk http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-2/#comment-4183975 ctalk Mon, 10 Dec 2007 05:30:12 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4183975 Why should the dollar be the standard for the world? If what the conspiracy nuts say is true the Fed is run by international bankers in Europe, their losing the power of the dollar is in the end very good for the world. Why should the dollar be the standard for the world? If what the conspiracy nuts say is true the Fed is run by international bankers in Europe, their losing the power of the dollar is in the end very good for the world.

]]> By: frock http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-2/#comment-4183479 frock Sun, 09 Dec 2007 16:13:10 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4183479 My understanding is that Iran essentially had no choice but to start moving out of Dollars a while ago because of the US imposed sanctions, which basically forced Iran to divest from the Dollar. I don't believe that the Iranian business community is at all happy with this either, as I understand it, they would prefer to remain in Dollars so that they can be more connected to the global economy. But regardless of the pragmatism of the Iranian business community, there is a large anti-American base in Iran, and Ahmadinejad is clearly playing to this base saying, "Look - I'm so anti-American that I'm moving Iran away from the Dollar!" - but in reality, Iran is being forced to so, against it's will - by us, no less. It's a convoluted game politics. My understanding is that Iran essentially had no choice but to start moving out of Dollars a while ago because of the US imposed sanctions, which basically forced Iran to divest from the Dollar. I don’t believe that the Iranian business community is at all happy with this either, as I understand it, they would prefer to remain in Dollars so that they can be more connected to the global economy. But regardless of the pragmatism of the Iranian business community, there is a large anti-American base in Iran, and Ahmadinejad is clearly playing to this base saying, “Look – I’m so anti-American that I’m moving Iran away from the Dollar!” – but in reality, Iran is being forced to so, against it’s will – by us, no less.

It’s a convoluted game politics.

]]> By: MapleStreet http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4183206 MapleStreet Sun, 09 Dec 2007 04:14:55 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4183206 Admittedly, much work will be made to try to peg this as an intentionable barb at the USA and possible act of economic agression. However, there is also the very real possibility that this is a simple business decision. Many countries which have tied their currency to the dollar are re-evaluating. The dollar just ain't as stable as it was 8 years ago. Admittedly, much work will be made to try to peg this as an intentionable barb at the USA and possible act of economic agression.

However, there is also the very real possibility that this is a simple business decision. Many countries which have tied their currency to the dollar are re-evaluating.

The dollar just ain’t as stable as it was 8 years ago.

]]> By: Hemlock for Gadflies http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182940 Hemlock for Gadflies Sat, 08 Dec 2007 23:02:16 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182940 An interesting tactic. One challenge Iran will face is that the global spot markets for oil are still dollar-denominated. So it could prove largely symbolic. On the other hand, if Venezuela or some of the smaller OPEC members followed suit, well then that would be strategic blow by Iran against US interests. The problem for BushCo is that you can't bomb 'em back into the Dollar Age. Heckuva job, Bushie! An interesting tactic. One challenge Iran will face is that the global spot markets for oil are still dollar-denominated. So it could prove largely symbolic.

On the other hand, if Venezuela or some of the smaller OPEC members followed suit, well then that would be strategic blow by Iran against US interests.

The problem for BushCo is that you can’t bomb ‘em back into the Dollar Age.

Heckuva job, Bushie!

]]> By: pete http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182845 pete Sat, 08 Dec 2007 22:16:03 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182845 Ah, the oldest trick of a troll; use a portion of a definition while denying alternatives which disprove their contentions. I'll give that a 1, of 10, on the originality scale. Ah, the oldest trick of a troll; use a portion of a definition while denying alternatives which disprove their contentions. I’ll give that a 1, of 10, on the originality scale.

]]> By: The Republic of Stupidity http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182836 The Republic of Stupidity Sat, 08 Dec 2007 22:12:49 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182836 By Frannie's reasoning, Iran must not be in the region. Where is Iran, in South America? By Frannie’s reasoning, Iran must not be in the region.

Where is Iran, in South America?

]]> By: The Republic of Stupidity http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182835 The Republic of Stupidity Sat, 08 Dec 2007 22:12:01 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182835 What outside force is trying to gain control here? Comment by Nat — December 8, 2007 @ 3:41 pm If you read that completely, Carter was referring to the Soviet Union and their move into Afghanistan. What outside force is trying to gain control here?

Comment by Nat — December 8, 2007 @ 3:41 pm

If you read that completely, Carter was referring to the Soviet Union and their move into Afghanistan.

]]> By: RhyminRome http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182829 RhyminRome Sat, 08 Dec 2007 22:09:53 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182829 If we start dropping bombs not only will we be going to war with Iran, but Russia and China could align with them too because they are supplied oil from there. The war for oil just has to stop. Had we gone the direction of Brazil years ago and readied ourselves to use alternative energy sources we would not be in such of a bind. Think how far the war money could have gone to changing the country over to renewable resources. If we start dropping bombs not only will we be going to war with Iran, but Russia and China could align with them too because they are supplied oil from there. The war for oil just has to stop.

Had we gone the direction of Brazil years ago and readied ourselves to use alternative energy sources we would not be in such of a bind. Think how far the war money could have gone to changing the country over to renewable resources.

]]> By: tombaker http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182812 tombaker Sat, 08 Dec 2007 22:00:38 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182812 How well will the new reality of "America as Canada's Mexico" sit with the Jingo crowd? How well will the new reality of “America as Canada’s Mexico” sit with the Jingo crowd?

]]> By: Doc Rock http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182811 Doc Rock Sat, 08 Dec 2007 21:59:17 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182811 This will give the administration some cover for the recession--but it is the administration's fault for their incessant sabre-rattling and rhetorical attacks on Iran. This will give the administration some cover for the recession–but it is the administration’s fault for their incessant sabre-rattling and rhetorical attacks on Iran.

]]> By: Coffins Draped with a Flag http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182799 Coffins Draped with a Flag Sat, 08 Dec 2007 21:55:08 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182799 BnF - I hope you have a Christmas surprise - no bombs on Iran. BnF – I hope you have a Christmas surprise – no bombs on Iran.

]]> By: Coffins Draped with a Flag http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182792 Coffins Draped with a Flag Sat, 08 Dec 2007 21:53:01 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182792 Hey Frank - anyone can edit Wikipedia, you moron. Hey Frank – anyone can edit Wikipedia, you moron.

]]> By: pete http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182787 pete Sat, 08 Dec 2007 21:50:35 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182787 Look for Venezuela to follow suit, followed by multi-national corporations such as Airbus. Look for Venezuela to follow suit, followed by multi-national corporations such as Airbus.

]]> By: dixie blood http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182786 dixie blood Sat, 08 Dec 2007 21:50:31 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182786 <em>I’ll buy some Euros now! Comment by sacopenapa — December 8, 2007 @ 2:42 pm </em> I have Euros in my safe. I call it my "Casablanca" money. A way to get out of this country when needed. How phu(ked up is that?? I’ll buy some Euros now!

Comment by sacopenapa — December 8, 2007 @ 2:42 pm

I have Euros in my safe. I call it my “Casablanca” money. A way to get out of this country when needed.

How phu(ked up is that??

]]> By: Coffins Draped with a Flag http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182783 Coffins Draped with a Flag Sat, 08 Dec 2007 21:47:19 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182783 Cheney's pacemaker is going short circuit when he hears this news. Cheney’s pacemaker is going short circuit when he hears this news.

]]> By: Marie http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182780 Marie Sat, 08 Dec 2007 21:40:55 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182780 I think Saddam Hussein was planning similar action before we invaded him for those non-existent "WMDs." This is bad news for the US, and gives further motivation for Bush/Cheney to start something with Iran - even if it means a false flag sort of reason. Watch Israel. I think Saddam Hussein was planning similar action before we invaded him for those non-existent “WMDs.”
This is bad news for the US, and gives further motivation for Bush/Cheney to start something with Iran – even if it means a false flag sort of reason. Watch Israel.

]]> By: Anjuna Laguna http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182757 Anjuna Laguna Sat, 08 Dec 2007 21:21:01 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182757 Iraqis traveling to Iran will pay for a visa in euros in line with other Iran Embassy locations. Iraqis traveling to Iran will pay for a visa in euros in line with other Iran Embassy locations.

]]> By: Anjuna Laguna http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182752 Anjuna Laguna Sat, 08 Dec 2007 21:19:04 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182752 <b>PGCC: no military option against Iran </b> The Persian Gulf states signal PGCC's strong opposition to any military option against Iran over its nuclear standoff with the West. "We want the military factor (against Iran's nuclear program) to be eliminated, " said the Secretary General of the Persian Gulf Cooperation Council (PGCC) Abdul Rahman al-Attiyah during a Saturday regional security conference in Manama. Al-Attiyah voiced the Council's support for dialogue as the means to resolve Iran's nuclear case saying that the PGCC favored security and stability in the region. The Qatari Foreign Minister Sheikh Hamed bin Jassem al-Thani called on Washington to engage in dialogue with Tehran to reach a solution over its nuclear dossier. He described Iran as a significant regional player adding that being 'pushed into a military confrontation with Iran' would not be in the interest of the PGCC states. The hawkish US officials claim that Iran remains a threat to the US despite a new NIE conceding that Tehran does not seek nuclear weaponry. http://www.presstv.ir/ RUSSIA DONT WANT ANYTHING TO DO WITH ANYMORE SANCTIONS amazing how even Liberals here are hinting at supporting war - WAR IS NOW OFF THE TABLE PGCC: no military option against Iran

The Persian Gulf states signal PGCC’s strong opposition to any military option against Iran over its nuclear standoff with the West.

“We want the military factor (against Iran’s nuclear program) to be eliminated, ” said the Secretary General of the Persian Gulf Cooperation Council (PGCC) Abdul Rahman al-Attiyah during a Saturday regional security conference in Manama.

Al-Attiyah voiced the Council’s support for dialogue as the means to resolve Iran’s nuclear case saying that the PGCC favored security and stability in the region.

The Qatari Foreign Minister Sheikh Hamed bin Jassem al-Thani called on Washington to engage in dialogue with Tehran to reach a solution over its nuclear dossier.

He described Iran as a significant regional player adding that being ‘pushed into a military confrontation with Iran’ would not be in the interest of the PGCC states.

The hawkish US officials claim that Iran remains a threat to the US despite a new NIE conceding that Tehran does not seek nuclear weaponry.

http://www.presstv.ir/

RUSSIA DONT WANT ANYTHING TO DO WITH ANYMORE SANCTIONS

amazing how even Liberals here are hinting at supporting war –

WAR IS NOW OFF THE TABLE

]]> By: DieNowForPeace http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182734 DieNowForPeace Sat, 08 Dec 2007 21:09:55 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182734 <em>What will the US do when all of OPEC switches, as we know they have at least been discussing for several years now? Comment by onoclea</em> We'll become a 3rd or 4th world country, just as Shrub has in mind. What will the US do when all of OPEC switches, as we know they have at least been discussing for several years now?

Comment by onoclea

We’ll become a 3rd or 4th world country, just as Shrub has in mind.

]]> By: onoclea http://thinkprogress.org/2007/12/08/iran-drops-the-dollar/comment-page-1/#comment-4182729 onoclea Sat, 08 Dec 2007 21:07:00 +0000 http://edit.thinkprogress.org/2007/12/08/iran-drops-the-dollar/#comment-4182729 I believe you will find that Iraq wasn't just considering changing to euros from dollars. They received permission from the UN to open a euro account for their oil sales at the end of Oct 2000. Post invasion we switched them back to the dollar. No doubt it isn't the sole reason for the invasion, I'm sure it certainly was a factor. What will the US do when all of OPEC switches, as we know they have at least been discussing for several years now? I believe you will find that Iraq wasn’t just considering changing to euros from dollars. They received permission from the UN to open a euro account for their oil sales at the end of Oct 2000. Post invasion we switched them back to the dollar. No doubt it isn’t the sole reason for the invasion, I’m sure it certainly was a factor. What will the US do when all of OPEC switches, as we know they have at least been discussing for several years now?

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