Originally Posted by
FIIGMO
The Iranians are threatening to stop all oil flow to the west according to Fixed News and the speculators will rake in millions on the margins.......Some of those guys will get millions and some may get pink slips! How many black swan events can a guy get in one career?
Remember, this is in reply to "the West" placing an embargo on Iranian oil as a trade sanction, which was in reply to Iran's continued nuclear "were going to blow up Israel" version of Middle East misleadership.
IMHO we should take their oil and refuse to sell them refined products they need for their energy infrastructure. I guess the theory is they can't build nukes if they don't have money. But, North Korea has made it all these years by starving their people.
While not as critical of O'Bama as most, I find it very concerning that he has broken diplomatic communications with the nutty Iranian government. We had communications with Russia simply because they had nukes and we wanted as much opportunity to avoid an exchange as possible. We should engage Iran for the same reasons.
If Iran aims a nuke at Israel, the likelihood that they'll hit something else with their level of technology is fairly high. Hopefully they'll hit the middle of an ocean and give us all the provocation we need to remove that threat.