Thursday, January 04, 2007

Margin call for Ahmadinejad's account

I have always thought that Ahmadinejad primarily was supported by folks who wanted him to bring the price of oil up. Moreover no one supported anyone in opposition to him. Anyway, what have US oil companies, Islamist Fascists, neocons, Russians, Chinese, have in common? High oil prices. The news today that the oil price has dropped is quite interesting.


The dollar's fortunes, which had taken a drastic turn for the worse in late November, seemed to improve with the oil market's decline. The euro was down about 0.6 percent against the U.S. currency to trade at $1.3089.

"We've had very warm weather, and that's part of what's driving oil prices down," said Elisabeth Denison, economist at Dresdner Kleinwort Wasserstein.


But I have also noticed that once the drop becomes a slide, then major events take place to stem that free fall. Unfortunately the people who stand to lose money in the fall in the price of oil, have a lot of money and influence. So expect to see big flare ups of war and violence and terror, to create a scary rally in oil. But it won't work, and the producers will increase production.

Once the price of oil really starts to consolidate at lower prices, then OPEC will start to fall apart as countries will cheat on their quotas. With the higher US dollar and Islamist Fascists holding Euros, then Ahamdinejad's trade account will experience some serious margin calls.

With the US fleet in the Persian Gulf, beginning what looks like a campaign to hermetically seal the Islamist Fascists in Iran from all borders, the future for the Islamist Fascists does not look bright at all.

Wednesday, January 03, 2007

Ignore Ahmadinejad in 2007

With the start of 2007, I believe the world press must have one resolution. Ignore ignorant comments from anyone abusing the media. One great example is the idiot Ahmadinejad in Iran, who thinks that he can abuse the international media with such comments:

"I'm sure that soon we will observe the collapse of the Zionist regime (Israel)," the official IRNA news agency quoted him as saying, without elaborating.

"The Holocaust was fabricated by the West in order to reach its goals," state television quoted him as saying.

So could the editors at Reuters and AP not give this baffoon any space. All he does is to insult the intelligence of everyone on the planet. Most Iranians will tell you that the ignorance of the world press, has as much to do with changing the regime in Iran, as the policies of the Islamist Fascists themselves.