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US warns Iran - $10 Gas?
Randy Sharrow

Back in February 08, I wrote: Iran's Oil Bourse Set to Open this Sunday which explained how Iran's new Bourse was provoking future military action by posing a huge long-term threat to both the US Dollar & continued American global hegemony.

I warned that rhetoric w/regard to Iran would probably soon ratchet up again; a catalyst to military action would likely be found; and that bombs might be falling from the sky before November 08, as the Bush administration would not take lightly this deliberate slap in the face of US global economic power; nor did they trust leaving the problem for the the next regime.

Times Online today: US warns Iran of retaliation over Iraq action

America's top military officer has ratcheted up the pressure on Iran by issuing an unusual public warning that the Pentagon is planning for "potential military courses of action".

Admiral Mike Mullen, chairman of the joint chiefs of staff, blamed the Iranian government and Quds force of the Iranian Revolutionary Guard for its "increasingly lethal and malign influence" in Iraq. He said conflict with Iran would be "extremely stressing" for America's overstretched forces, but added: "It would be a mistake to think that we are out of combat capability.

Mullen said he was increasingly concerned about Iran's growing involvement in supplying munitions and training to rebel Shi'ite militias and "killing American and coalition soldiers in Iraq".

Speaking at a Pentagon news conference late on Friday, he said recent operations in the southern port city of Basra had revealed "just how much and how far Iran is reaching into Iraq to foment instability". A Pentagon source said the admiral's frankness was "extremely significant" and could pave the way for some form of attack on Iran. However, Mullen said: "The solution right now still lies in using other levers of national power, including diplomatic, financial and international pressure."

Mullen's tough rhetoric came shortly after General David Petraeus, the US commander in Iraq responsible for the troop surge, briefed Congress about the "nefarious activities" of the Quds force in stirring violence in Iraq. There were a total of 923 civilian deaths in Iraq last month, the highest number since August 2007.

"We should all watch Iranian actions closely in the weeks and months ahead, as they will show the kind of relationship that Iran wishes to have with its neighbour," Petraeus said.

Petraeus was nominated last week to take over as commander of all US forces in the Middle East from Admiral William Fallon, who resigned in March after becoming an outspoken critic of American policy towards Iran.

My Thoughts:

As a USAF veteran, let me assure you that my following comments are not un-patriotic, but I can NOT buy into ANY of this administration's B.S. propaganda.

The whole middle east issue (Iraq, Iran, Afghanistan, you pick who may be next) is all about controlling Oil, maintaining US dollar hegemony and supporting massive contracts for companies like Haliburton - to make Dick Cheney's rich friends richer.

Our troops are dying in a futile attempt to (1) save our dying currency (caused by excessive Gvt spending/debt and a Federal Reserve Banking system that has created one too many popping bubbles - which has ultimately led to the present crashing financial/banking system that will require a hyperinflationary event to save it from a full-blown collapse) and (2) to control dwindling worldwide oil supplies.

Food for thought: The world can currently extract and bring to market - 87 Million Barrels of Oil per day (Mbpd) and we consume - 86Mbpd - 40% of which comes from the Persian Gulf market and must traverse through the very narrow Strait of Hormuz (see picture below)... Note where Iran sits on this narrow Channel...

If we DO start dropping bombs on Iran, they will likely mine the Strait and/or sink a supertanker or two with missiles/etc - locking up 40% of the world's oil supply. You think gas/oil prices are painful today? Better start preparing for $200+ barrel oil and $10+ gallon gas (if you can actually find it anywhere)




Regards


Randy



StopIranwar.com


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