Will Iran Conflit Go Bad In EU?

Further to my blog I gone fishing around the news world for more info.

Now I have another point of view about the EU countries who are on the verge of economic collapse. US and EU are putting pressure on Iran with economic sanctions. But if Iran cuts of oil to Spain, Portugal, Italy, Greece and Ireland there will be a problem. Well If you are interested in this please go to this article in Centre for reserch in Globalization. Hi ho otherwise keep on reading and I will write the gist of it in my own way.

Ok first of all Iran is, unlike Zionist Israel and some others, a member of the International Atomic Energy Agency and a signatory to the nuclear Non-Proliferation Treaty (NPT), it has the right to acquire and develop nuclear technology for peaceful purposes. There is a question of how pure the uranium has to be, when required for peaceful purposes.

If you want to buy some 1000 µg/mL Uranium in 2% HNO3 18 month expiry date there are online traders to buy it Goto . This is no joke it is only $ 36 for 50 ml.

Exclusive:

American neocons have moved the United States closer to war with Iran via a subtle change in the “red line” phrasing, inserting the word “capability” after the usual threats to take out an Iranian “nuclear weapon.” Now, Sen. Joe Lieberman is making the shift official, reports Robert Parry. Sen. Joe Lieberman is leading a group of nearly one-third of the U.S. Senate urging that the red line on war with Iran be shifted from building a nuclear weapon to the vague notion of Iran having the “capability” to build one. The neoconservative senator from Connecticut has introduced a “Sense of the Senate” resolution that would put the body on record as rejecting a situation that arguably already exists, in which Iran has the know-how to build a bomb even if it has no intention to do so.



The resolution tracks with the positions of hardline Israeli leaders, such as Prime Minister Benjamin Netanyahu, and undercuts the position of President Barack Obama, whose administration has been exploring ways to negotiate an agreement with Iran, which insists that its nuclear program is for peaceful purposes only..........

.........A Neocon Comeback



Since the grim writing was on the wall about the Iraq outcome, American neocons have been looking for new ways to get their imperial agenda back on track, with Iran’s nuclear program just the latest opportunity.


So, Iranian efforts to negotiate confidence-building initiatives regarding its nuclear program, such as agreeing to a Turkish-Brazilian plan in 2010 to trade about half of Iran’s low-enriched uranium for radioactive isotopes needed for medical research, have been blocked by neocons in Congress and their allies in the Obama administration, with the support of key U.S. media outlets, like the Washington Post and New York Times.


The latest shift toward forcing a new war has centered on the insertion of the word “capability” after the words “nuclear weapons.” The Obama administration has indicated that it would consider an Iranian decision to build a nuclear bomb a “red line,” suggesting the possibility of a military strike at that point.


However, that threat isn’t making the neocons happy because the U.S. intelligence community is standing by its 2007 conclusion that Iran halted work on a nuclear bomb in 2003 and hasn’t resumed that effort. Israeli intelligence apparently has reached the same judgment. Both U.S. Defense Secretary Leon Panetta and Israeli Defense Minister Ehud Barak have referenced this state-of-play in the intelligence assessments in recent public remarks, as ex-CIA analyst Ray McGovern has reported.

I myself always believed that almost all the developed countries have a very strong Zionist lobby . Most of our law makers in UK have gone to Israel on free rides and been bent towards the Zionist way. Specially Foreign Secretary W Hague (little Hitler) who wants to go, wage war and subjugate various Middle Eastern counntries to UK industries.

Exclusive:

Recent comments by U.S and Israeli military leaders indicate that the intelligence services of the two countries agree that Iran has not decided to build a nuclear bomb, a crack in the Western narrative that the U.S. press corps won’t accept, as ex-CIA analyst Ray McGovern explains

So now the goal post has been moved.

According to a BBC article about Iranian time lines; until  June 2001, accusations against Iran was Terrorism, but in Sep 2001 it changed to aquiring nuclear weapons from Russia and China. Yes most probably after 11 of the 9 fiasco in US.

By sep 2002 Russia starts building a nuclear power station at Bushehr This causes almighty Iranbashing in US.

Dec 2002 US accuses Iran of building nuclear facilities in Natanz and Arak, which was inspected by IAEA  in Feb-May 2003, and declared to be plants to provide fuel for future power plants.

By Dec 2003 Iran agrees to suspend its nuclear fuel production but IAEA has reported that Iran has produced Plutonium but admits they are not interested in making weapons. US do not trust either IAEA or Iran.

By March 2004 the pressure is on with sanctions.

Sep 2004 Iran starts enriching Uranium.

Jan 2005 Euro big 3 wants to talk trade with Iran but insists that Iran should permaanantly stop uranium enrichment.

June 2005 Mahmoud Ahmadinejad becomes president of Iran.

2005 July - The US concludes that President Ahmadinejad was a leader of the group behind the 1979 hostage crisis at its embassy in Tehran, but says it is unsure whether he took an active part in taking Americans prisoner.

2005 August-September - Tehran says it has resumed uranium conversion at its Isfahan plant and insists the programme is for peaceful purposes. The IAEA finds Iran in violation of the nuclear Non-Proliferation Treaty.

April 2006 Iran announces it has successfully enriched uranium - prompting Ms Rice to demand "strong steps" by the UN. An IAEA report concludes Iran has not complied with a Security Council demand that it suspend uranium enrichment.

Jan 2007 Mr Bush the Stupid goes on about that Iran is sending Al Quaeda to Iraq without knowing that Iran is Shia and Al Quaeda is Sunni. Ahem.

Oct 2007 Gen Ptreas calls H K Qomi a member of the Iran's elite Revolutionary Guards. Hmmm pot calling..... ga ga ggoo. US steps up sanctions.

Dec 2007 Us intelligence (still got some) says Iran's nuclear program is peaceful, but Bush do not agree.

Well that is the most important bits. there were lots more in the article but hmmm its tireing and boring.

So now they are going to have a chat, Iran and the big 5 +1 very soon and IAEA is going in for further issues to be ratified and B Netanyahu (the top terrorist) is gonna give a speech nay a lecture, at the AIPAC. Lets see what all this means.

OK US a meer weekling after the rule of Bush the Stupid, is going around talking to Asian countries to support the sanctions. But Asian big boys India and China, not forgeting Russia which really is Asian, are telling US go away. Even Israel exploded some of their own bombs in places like India, on their own people to get Asia to agree. Na da. On top of that South Korea and Japan has refused to agree. Now as the dollar is getting weaker the oil prices will rise. Put the oil embargo on 5 Euro countries by Iran will make it go higher. The Asamaidjan must be praising the lord huh?





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Bangladeshi Conundrum

A lady living in Bangladeshi put a comment on my blog. It was not a comment but a link to her own blog. This must be another way to attract others to your blog. Hmmm No not for me. So my interest turned to the nation of Bangladeshi.

In 1980's Us Uk etc etc started a new gimmick called offshoring. Very well planned action. Yes the company who takes their factories to places where lobour is cheap statred making big profits. So they went to Bangladeshi.

In the latter part of the 80s or early part of the 90s, a large retailer (don't remember which one) thought it would be a good idea to bring an employee of a factory in Bangladesh to America to see how the clothing the factory was producing was being marketed to Americans. So a Bengali woman was selected to represent her factory and brought to America. This idea didn't work out well. The woman not only saw how the products were being marketed but how much they cost and she was infuriated. She knew what she and her coworkers were being paid, about two percent of the price of the garments. She did not remain silent and was quickly sent back to Bangladesh. Here is the gist of her story:



She said she and her coworkers were not financially better off after being hired by the factory. Yes, the wages were better than those that could have been earned before, but they weren't much benefit. Why? Because when the paychecks began to arrive, the local landlords and vendors increased prices on everything, so just as before, all of their incomes went to pay for basic necessities. The landlords and vendors got the money; the workers were not better off, and those in the community who were not employed by the apparel factory were decidedly worse off. It fact, it quickly became apparent that the workers were working for nothing. They did the work; the landlords and vendors got the pay. But, of course, the country's GNP was better, which is all that matters to economists who still claim that Bangladesh's economy is improving.


And although Americans were able to buy the apparel more cheaply than they could have before the manufacturing was offshored, the American apparel workers who lost their jobs are decidedly not better off.

Mahdi al-Harati of Tripoli Brigade

On 11 October 2011, al-Harati resigned as deputy head of the Tripoli Military Council, amid tensions over security on the capital. According to Irish Times, while al-Harati's associates in Tripoli assure that the resignation was for "personal reasons", a senior NTC official quoted by CNN said that the resignation was because "differences with the National Transitional Council on the planning of the security of Tripoli". Fathi al-Wersali, member of the Tripoli Military Council, stated that al-Harati would continue as commander of the Tripoli brigade

Claims Wikipedia about Mahdi al-Harati. Hmmm what the hell is he doing in Turkey? Is he helping the free Syria people?

Read this for more info.

What is Pensions Reform Agenda

Arizona's Police Pensions lost $ 1.8 Billion without any accountability. There is a big move to reform the pentions in Arizona.

Now in Britain there was a Pensions Reform Act which got the OK from the Queen in december last year. Now I do not understand this even though I went to a public meeting with the that time Home Minister D Blunkett. It was a facade which can be seen through by any child. Ok we were all given certain ideas for pention reforms. There were I think 5. We had to vote which one's are better than others. I asked the boffin there "What if  have a different suggestion?".  He informed me, "Write to the Home Office, we cannot discuss them here now!". Bloody good that is. So I voted for the worst one. Take that you ignorant piece of Sxxxte.

My question is was there any bad accounting in UK pension funds which was discovered in 2006 or so when everything started going tits up, and they are not telling us.

Will the Greece Default bankcrupt Wall Street?

Comments well come!

I have been following the Greek economic status. I thought they might default by January and even took a bet with a mate and lost. Damn!

Now it seems to be Ok dokay. Question is how long will it last. The Policy makers and the government have been divided. People are divided. My experience with Greek people made me believe that they are not paying their taxes properly. Not verified with facts.

Recent articles suggests that, with some facts, by March they will default. Do you think I can take a bet go "double or quits" with my friend. I found this in an article in Yorkshire Post

Speaking to the Yorkshire Post during a visit to Leeds, Dr Stelzer said: “It’s only a matter of time before they (Greece) go bankrupt. They are bankrupt now, it’s only a question of how you recognise it and what you call it.

“Certainly they will default...maybe as early as March. If I were them I’d get out (of the euro). They would be in better shape if they had their own currency.”

He added: “If they (Greece) leave the euro, the euro would probably strengthen because it wouldn’t have this drag any more.”

And further in my reading I came across this term "Derivatives", and found out that the bet I took with my friend can be taken as a derivative. I am a financier ha ha.

So one asks what the heck this got to do with Greece huh? In a bit.

Now read this from:

According to the Comptroller of the Currency, nearly 95% of the banking industry’s total exposure to derivatives contracts is held by the nation’s five largest banks: JPMorgan Chase, Citigroup, Bank of America, HSBC, and Goldman Sachs. The CDS market is unregulated, and there is no requirement that the “insurer” actually have the funds to pay up. CDS are more like bets, and a massive loss at the casino could bring the house down.

I, mistyfied about all this wanted to find out more, and found an organisation called the International swaps and Derivatives Association (ISDA), which has as it's members major banks and hedge funds including above mentioned US banks. So one of the duties of this organisation is to determine whether a 'certain event' is actually a default. If a 'credit event' is at a default the CDS's come into play. So the very same banks who decide this are the same banks who own them. Bloody nice way to do one's business.

Now the interesting bit. There was a bank called MF Global who lent money to Greece and took CDS's with major banks in US. So when the ISDA declared that Greece is not at a default and made to take a 'hair cut' of 50 % , MF Global could not play the CDS's and went bankcrupt. So the very same banks who insure the lender, and take premiums, decide whether to pay or not. Greece went down with 50%, and ISDA decided it is not a default. What percentage makes it a default? No one can tell us. Hope Greece defauls and bring these blood suckers down!

article: and article helped me to reserch this. THere may be errors. If you find them please do comment.

What's Up In Lybia Now

"We went We saw We Killed" Was it H Clinton's own words?

Human Rights Watch, Amnesty International and Doctors Without Borders (Medecins Sans Frontieres), all admit to one thing called Torture. We do not have precise figures as the main media block these. But recently:

The New York Times, page 4, January 27th reports: “Doctors Without Borders said Thursday that it would suspend its operations in detention centers in Misurata, saying some of the 115 detainees it has treated for torture-related injuries since August have been returned repeatedly with more wounds. ‘Patients were brought to us in the middle of interrogation for medical care, in order to make them fit for further interrogation,’ said Christopher Stokes, the group’s general director, in a statement. ‘This is unacceptable. Our role is to provide medical care to war casualties and sick detainees, not to repeatedly treat the same patients between torture session.’” “Human Rights Watch documented ‘ongoing torture’ in Libyan detention centers in the past six months, said Sidney Kwiran, an investigator for the group. ‘Torture is used to force confessions or for punishment.’” “Fighters from Misurata have continued to attack, detain, torture and in some cases kill people from the town, even after they fled to other parts of the country, refugees and activists said. Gheit Abubakr, 46, a Tawerghan at the Tripoli camp, carried his brother’s neatly folded death certificate in the pocket of his overcoat, along with a dozen photographs of his mutilated corpse....’They beat him to death, but he didn’t do anything, he was not in the military and did not have a gun. He was a civilian.’”

And

Reuters: “In Assabia...residents not involved in the fighting were kidnapped and tortured, one to death, by Gharyan fighters....Ibrahim Mohammed, 23 stated... ‘During my interrogations my ankles were crushed in metal workshop clamps, and fingers and toes smashed with metal bars. I saw our main military commander lying on the floor in a pool of blood. He was barely breathing and they had tied a metal pole to his arms and legs and were giving him electric shocks.’ Ibrahim said. ‘Ezzedine-al-Ghool was tortured to death. His wife had given birth to a son the day before.’”

February 2, 2012, Reuters: “A Libyan diplomat who served as Ambassador to France for Moamar Ghaddafi died from torture within a day of being detained by a militia from Zintan, Human Rights Watch said in a statement Friday... photos of Brebesh’s body show welts, cuts, and the apparent removal of toenails. Brebesh, 62 served in the Libyan Embassy to France from 2004-2008, first as cultural attaché, then as acting ambassador...’These abusive militias will keep torturing people until they are held to account’...said Sarah Leah Whitson, Middle East and North Africa director at Human Rights Watch.”



On August 21, 2011, The New York Times reported: “Coordination between NATO and the rebels, and among the loosely organized rebel groups had become more sophisticated in lethal in recent weeks, even though NATO’s mandate had been merely to protect civilians, not to take sides in the conflict....At the same time, Britain, France and other nations deployed special forces on the ground inside Libya to help train and arm the rebels” in violation of the Security Council Resolution 1973, which prohibited NATO troops on the ground.

Helped by article