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Protecting our financiers with guns is NOT appropriate and is just about as immoral as we could get. We do not have to "protect" our sacred dollar by invading other countries. The value of the dollar is set, or at least should be, by international trade not raw force. Besides I have not heard of the Iranians, unlike the fools in Iraq and Libya, say they wanted to sell oil in any other currency. AFAIC it is thier oil and they can sell it in any damn currency they want.
Going to war to protect financiers is usually the first big mistake. Screw 'em. Let then take their own risks and if they don't like the odds they can invest in this country.
Iran has had an oil bourse for many years. Sanctions have kept it under control for the most part.
You may not think it's appropriate but the government has had the same policy since we went off the gold standard in the seventies. We cut the deal with OPEC to trade oil in dollars. Anybody who tries to buck the system has been taken out so far. See Iraq and Libya as you said. What do you think would happen if countries had to hold say euro's in reserve to purchase oil instead of dollars? Nothing good for us that's for sure. Now if you want to get out of the middle east wars we need to get off the oil and back to gold then you should be supporting Paul as he is in favor of doing that very thing.
I think this is actually a good thing. Big bad carrier battle group stopped what it was doing to rescue Iranian sailors? They weren't a military craft, just average people.
This kind of goodwill could go a long way, and does far more to overthrow the Iranian government than doing nothing would have done. Of course, I'm sure that people in Iran won't find out about this.
The oil dispute does nothing but hurt the Iranian government. They're sabre rattling for the show of it, and to attempt to gather support and stop the sanctions. What are Iranians doing, w/ the specter of sanctions, and some people's worry about the dollar?
And WE haven't pegged ANYTHING of the sort of the dollar to oil...the rest of the world has.
Oil is traded in US dollars. The rest of the world has to hold dollars in reserve to buy oil.
Iran has screwed the pooch especially with China getting on board with the sanctions and the saudi's said they will pump up production to meet any shortfalls. They also need to import something like 80% of their refined gasoline. They want to keep playing games we'll just shut that down too and they will be in a world of hurt.
LOL Iran was getting there speed boat stolen by pirates and have to say they stole a Russian cruise ship and even at one point a Saudi Oil Super Tanker which was seen just neara small fishing village Harbour from space due to them being hard to hide and they do not have any way to unload it but they aim high since most pirates rob smaller ships or take hostages for Ransom but the pirates that Hijacked a Super tanker had some guts and for the poorest country in the world the stole the most valuable of things to the World and are why we are there to prevent that again.
But now that they tried to steal a Naval ship from Iran and were actually doing ok till we caught them shows that I had under estimated a bunch of determined guys with literally nothing but with Ak-47s and RPG's in a wooden fishing boat with a 40HP outboard can do.
I think this is actually a good thing. Big bad carrier battle group stopped what it was doing to rescue Iranian sailors? They weren't a military craft, just average people.
This kind of goodwill could go a long way, and does far more to overthrow the Iranian government than doing nothing would have done. Of course, I'm sure that people in Iran won't find out about this.
"I'm sure that people in Iran won't find out about this."
Oil is traded in US dollars. The rest of the world has to hold dollars in reserve to buy oil.
Iran has screwed the pooch especially with China getting on board with the sanctions and the saudi's said they will pump up production to meet any shortfalls. They also need to import something like 80% of their refined gasoline. They want to keep playing games we'll just shut that down too and they will be in a world of hurt.
But nothing is PEGGED to the dollar re: Oil. The Saudi's sell oil based in dollar value. Their currency is PEGGED to the dollar, hence it makes trades and purchases (other countries) necessary to buy/sell oil in dollars.
But no one is forcing them to do so.
China is simply doing the "free market" mechanics in seeing an opportunity to bend the Iranians over the barrel (literally) and get the oil and a discount.
Iran depends on 60% of their oil sales to run their country. The real 'squeeze' here is the sanctions. When they're cut off, and anyone dealing with them get's cut off from the US borrowing system...(the need to exchange currency to dollars, open lines of credit, swaps of assets) China which MUST procure dollars to pay for oil doesn't want that to happen either.
This is a great opportunity to pinch Iran and China at the same time. The downside risk to this...this is in a general sense, how WWII started w/ Japan attacking Pearl Harbor due to their dependence and need for oil.
Whether or not the people in Iran find out about it -- we do the right thing.
Doing things like us and not "letting them drown" is what makes us the good guys. (I think). It's important to do more than say we're different from them. It's important to BE different from them. Doing the right thing even though nobody is watching is the right thing.
I'm really disappointed in people who would opt to "let them drown" because they are Iranian. Disgusting.
Their government shoulda saved em then. You lefties are always squealing about the US needs to stop being the worlds police force. Now you say we should be running around saving everybody. Well which is it???
If you have already assigned my beliefs to me, and claim to know what I think, why are you even asking me?
Just find that straw-man script of what your opponents think and just have the conversation with it. It would probably be much easier, and less likely to confound you, if you just had the conversation with yourself instead of pestering other people
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