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While you guys were watching feetball, people were freakin' about the very likely loss of petro-dollars. Iran has been threatening to open an oil bourse for quite a while, and at last report it was scheduled to open in the 1 to 11 February anniversary of their revolution, but just a couple hours ago, it was announced for 19 February, a very personally-resonant day for me.
However, for the past few weeks, everyone's been hanging on the 1 to 11 February timing, and undersea cables have been cut, which were reported to have completely cut off Iran's internet capabilities, along with several other countries, but that does not seem to be the way it panned out. Indeed, here's proof, and here. Speculation has been heavy that the internet cables were cut by us specifically in preparation for some dastardly deed against Iran, but, the cutting of the cables for the kickoff of the new oil bourse might have been dastardly enough in and of itself... if it had worked... or maybe it temporarily did....?
Anyway, it has been seeming to me all day that if we cut the cables to mess with the plan to switch to petro-euros, Darth Fudd must be purple and delivering litters and litters of kittens about now. Intensely awful for our comfort here at home as this will most assuredly be, I can't help but savor the thought of those miserable war criminals crapping their pants right now.
We all, Middle-East included, could be turning away from this FILTHY planet-choking substance... but, no... that would be the sane thing to do. Better we torture Afghani cab drivers to death, and murder a million Iraqis, and blanket the Middle-East with depleted uranium, and back coups in Venezuela, and... and... drown polar bears, so a few swinish plutocrats can pump the last trillions from this resource instead.
03 February 2008
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