False Jitters Over Iran, and Israel

Jim Hoagland - Jitters Over Iran - washingtonpost.com:

"So you might want to consider battening down the hatches and getting the bomb shelters ready, just in case."

Actually Jim, look around this week-end, and you will notice that it is really quiet. No warmongering at all.

Why? Well they got the price of oil back up. So none of the Seyyed or Republican Peak Oil advocates is worried. But wait, once the price drops again, and their war of words will begin. We will have the Israelis firing missiles over the Mediterranean, and the Seyyed's IRGC firing more across the Straits of Hormuz, for target practice.

That will get the Arabs to go ape shit and start buying the futures contracts, and hey presto the price of oil will be well and truly near $200.

Congressman wants to stop US exports to Iran's madmen

Lawmaker wants review of US exports to Iran - Yahoo! News:

"Rep. David Scott, vice chairman of the House subcommittee on terrorism, nonproliferation and trade, said Friday that he will press for a congressional review of sanctions enforcement following an Associated Press investigation that found U.S. exports to Iran rose from about $8 million in 2001, Bush's first year in office, to nearly $150 million last year."

Well, it is about time, wakey wakey US.