Showing posts with label Iran Libya Sanctions Act. Show all posts
Showing posts with label Iran Libya Sanctions Act. Show all posts

Sunday, March 20, 2011

Iraq to Libya, from tragedy to farce?



MARCH 19, 2011
OBAMA: 'Today we are part of a broad coalition. We are answering the calls of a threatened people. And we are acting in the interests of the United States and the world'...

MARCH 19, 2003
BUSH: 'American and coalition forces are in the early stages of military operations to disarm Iraq, to free its people and to defend the world from grave danger'...(ht-Drudge)
David Seaton's News Links
Is anyone else as bored with this movie as I am?

The leader who has been making all the running in this fine little war is Nicholas Sarkozy and if there is one leader in the "international community" that I am more skeptical of than I was of George W. Bush it is Nicholas Sarkozy... Oh yes, and he is accompanied by British prime minister David Cameron, who is such a political dwarf that Tony Blair takes on Churchillian proportions when compared to him.

Compared to Iraq, this is like a remake of "Gone with the Wind" with Justin Bieber in the role of Rhett Butler.

Here is how Martin Rowson draws it in The Guardian:


All this is happening while demonstrators are being shot down in Saudi Arabia, Bahrain and Yemen, but why go on? We have seen this movie so many times by now that pointing out all this stone faced hypocrisy over and over again is a waste of breath.

And what few commentators seem to realize is that the possibility of this turning into yet another fiasco are enormous. I don't think many people understand Qaddafi's most elementary mechanisms

He is enjoying all this. He is having fun. 

He has been waiting and preparing for this moment his entire life.

He is as nutty as a fruitcake, but he is a tough old bird and without boots on the ground, which nobody seems to want to put, certainly not the French, he will not simply cave in and disappear.

And they better be quick because if you enjoyed Wikileaks, they'll be nothing compared to Qaddafileaks. This character knows where all the bodies are buried (literally).

And if he holds out defiantly against a combination of the classic imperialists: the US, French and British, for even a few weeks, he'll have the whole third world on his side.

We may end up making him the most popular leader in Africa.

Like I said at the top, I don't know if anybody else is bored by this movie, but I sure am. DS

Tuesday, January 30, 2007

Iran is a big ball of string

The US authorities will “take a look at” a controversial agreement signed over the weekend by Royal Dutch Shell that could ultimately lead to a multi-billion dollar investment in Iran, a US State Department official said.(...) US legislation permits President George W. Bush to take action against non-US companies investing in Iran’s energy sector. However, because of concerns over an extra-territorial trade dispute and the risk of further alienating allies, no foreign companies have been penalised to date under the Iran Libya Sanctions Act and the subsequent Iran Freedom Support Act.(...) The agreement does not put a figure on the value of the project. Shell and its partners are still working on cost estimates. But it was suggested in Iran at the weekend that it could be worth $10bn (£5bn). Shell and Repsol would each have 25 per cent of the project, with the National Iranian Oil Company holding 50 per cent. Iran holds the world’s second largest gas reserves, after Russia. Financial Times
David Seaton's News Links
Europe needs a lot of natural gas and does not want to depend exclusively on Russia and Algeria for it. After Russia, Iran has the world's largest supply of natural gas.

The United States, it's Middle East policy driven by its domestic politics, (read the "Lobby")is trying to strangle Iran. In the neocon, "Grand Strategery", Iraq was basically a stepping stone on the way to regime change in Iran... "real men go to Teheran".


Of course this has all gone terribly wrong. Iran is the winner of the war in Iraq. The United States has been seen to fail in Iraq, and as Tony Karon quoted from the Coen brother's "Miller's Crossing" in Haaretz, "'You run this town because people think you run it.' Ergo, when people realize that you don't, then you no longer do."

Europe is not willing to sacrifice strategic energy supplies to make life easier for a lame duck American president whose short hairs appear to be in the possession of the Israeli Likud.


Now the skinny is: does this gang of idiots actually have the chops to sanction European flagship, Royal Dutch Shell? DS

Europe Resists U.S. on Curbing Ties With Iran - New York Times
Abstract: European governments are resisting Bush administration demands that they curtail support for exports to Iran and that they block transactions and freeze assets of some Iranian companies, officials on both sides say. The resistance threatens to open a new rift between Europe and the United States over Iran.(...) “We are telling the Europeans that they need to go way beyond what they’ve done to maximize pressure on Iran,” said a senior administration official. “The European response on the economic side has been pretty weak.” The American demands and European responses were provided by 10 different officials, including both supporters and critics of the American approach. One irony of the latest pressure, European and American officials say, is that on their own, many European banks have begun to cut back their transactions with Iran, partly because of a Treasury Department ban on using dollars in deals involving two leading Iranian banks. American pressure on European governments, as opposed to banks, has been less successful, administration and European officials say. The main targets are Italy, Germany, France, Spain, Austria, the Netherlands, Sweden and Britain, all with extensive business dealings with Iran, particularly in energy.(...) The administration says that European governments provided $18 billion in government loan guarantees for Iran in 2005. The numbers have gone down in the last year, but not by much, American and European officials say. American officials say that European governments may have facilitated illicit business and that European governments must do more to stop such transactions. Treasury Secretary Henry M. Paulson Jr. has said the United States has shared with Europeans the names of at least 30 front companies involved in terrorism or weapons programs. “They’ve told us they don’t have the tools,” said a senior American official. “Our answer is: get them.” “We want to squeeze the Iranians,” said a European official. “But there are varying degrees of political will in Europe about turning the thumbscrews. It’s not straightforward for the European Union to do what the United States wants.” Another European official said: “We are going to be very cautious about what the Treasury Department wants us to do. We can see that banks are slowing their business with Iran. But because there are huge European business interests involved, we have to be very careful.”(...) Typically, American officials say, European companies that do business with Iran get loans from European banks and then get European government guarantees for the loans on the ground that such transactions are risky in nature. According to a document used in the discussions between Europe and the United States, which cites the International Union of Credit and Investment Insurers, the largest providers of such credits in Europe in 2005 were Italy, at $6.2 billion; Germany, at $5.4 billion; France, at $1.4 billion; and Spain and Austria, at $1 billion each. In addition to buying oil from Iran, European countries export machinery, industrial equipment and commodities, which they say have no military application. Europeans also say that courts have overturned past efforts to stop business dealings based on secret information. READ IT ALL