How the U.S.-Iran Standoff Looks From Iran: Hossein Mousavian – Bloomberg

The past six U.S. presidents have employed a policy of sanctions, containment and deterrence against Iran. Earlier in his tenure, President Barack Obamatried to change course by offering instead to engage, stressing“diplomacy without preconditions.” Two years later, however, the talk in Washington is of an inevitable coming war.

This is entirely the wrong direction for the U.S. to be taking. The consequences of a military strike on Iran would be catastrophic for the U.S., Iran and Israel.

Whether Iran should be able to build its nuclear program cannot be dealt with separately from the larger issue of the confrontational relationship that Iran and the U.S. have had since the 1979 Iranian Revolution. In his recent memoir, former International Atomic Energy Agency Director General Mohamed ElBaradei said he doubted policy makers in Washington were ever truly interested in resolving the Iranian nuclear issue, but that they sought instead to achieve isolation and regime change in Iran.

Regardless of whether ElBaradei was right about that — and having sat at the other side of the table as an Iranian nuclear negotiator, it seemed that he was — it’s safe to say there won’t be a solution to the Iranian nuclear dispute as long as [Continue reading in new window…]

US, Europe Eye Risky, Unprecedented Penalty For Iran Over Pursuit Of Nuclear Weapons | Fox News

WASHINGTON – The United States and Europe are considering unprecedented punishment against Iran that could immediately cripple the country’s financial lifeline. But it’s an extreme option in the banking world that would come with its own costs.

The Obama administration wants Iran evicted from SWIFT, an independent financial clearinghouse that is crucial to the country’s overseas oil sales. That would leapfrog the current slow-pressure campaign of sanctions aimed at persuading Iran to drop what the U.S. and its allies contend is a drive toward developing and building nuclear weapons. It also perhaps would buy time for the U.S. to persuade Israel not to launch a pre-emptive military strike on Iran this spring.

The last-resort financial effort suggests the U.S. and Europe are grasping for ways to show immediate results because economic sanctions have so far failed to force Iran back to nuclear talks.

But such a penalty could send oil prices soaring when many of the world’s economies are still frail. It also could hurt ordinary Iranians and undercut the reputation of SWIFT, a banking hub used by virtually every nation and corporation around the world. The organization’s full name is the Society for [Continue reading in new window…]

BBC News – China’s Xi Jinping in closely-watched visit to the US

China’s Xi Jinping in closely-watched visit to the US

The man likely to become China’s next leader, Vice-President Xi Jinping, has begun a closely watched visit to the United States.

In comments to a US newspaper ahead of his trip, Mr Xi sounded a note of warning to the US over its military stance in the Pacific.

He said scaling up military activity was not what countries in the region wanted to see.

He is due to meet President Barack Obama at the White House on Tuesday.

“This will be an opportunity for the leaders of both countries to really sit down and talk about our differences,” said US Ambassador to China Gary Locke after greeting Mr Xi.

He added that the presidents would also be able to “really focus on the common interests that both the US and China have”.

Mr Xi, 58, is widely expected to succeed President Hu Jintao, who must retire as head of the Communist Party later this year and from the presidency [Continue reading in new window....]

My Way News – Iranian boats shadow US aircraft carrier in Gulf

ABOARD THE USS ABRAHAM LINCOLN (AP) – Iranian patrol boats and aircraft shadowed a U.S. aircraft carrier strike group as it transited the Strait of Hormuz on Tuesday.

The passage ended a Gulf mission that displayed Western naval power amid heightened tensions with Tehran, which has threatened to choke off vital oil shipping lanes.

But officers onboard the USS Abraham Lincoln said there were no incidents with Iranian forces and described the surveillance as routine measures by Tehran near the strategic strait, which is jointly controlled by Iran and Oman.

Although U.S. warships have passed through the strait for decades, the trip comes during an escalating showdown between Iran and the West over the Islamic Republic’s nuclear program. The last time an American carrier left the Gulf – the USS John C. Stennis in late December – Iran’s army chief warned the U.S. it should never return.

The Lincoln was the centerpiece of a flotilla that entered the Gulf last month along with [Continue reading in new window]

Obama 2.7% Growth Forecast Exceeds Estimates – Bloomberg

The Obama administration’s budget predicts the U.S. economy will grow 2.7 percent this year, a forecast that’s more optimistic than those of private economists and Federal Reserve policy makers.

The White House raised the 2012 estimate from 2.6 percent in September. Economists forecast an expansion of 2.2 percent at an annual rate, according to the median of 79 estimates in a survey by Bloomberg News conducted from Feb. 3 to Feb. 9.

“Today, we are seeing signs that our economy is on the mend,” President Barack Obama said in a letter to Congress accompanying the 2013 budget proposal and the projections. “But we are not out of the woods yet. We need to finish the work we started last year by extending the payroll tax cut and unemployment benefits for the rest of this year.”

The White House’s growth forecast for 2013 was [Continue reading....]

Has Vladimir Putin Lost His Mojo?

Russia’s Vladimir Putin has made blaming the west his main political platform. 

Since Putin decided he wanted to be President of Russia again, not much has gone his way – Believing himself to have been the one who “saved Russia, he assumed that the people would welcome him back with open arms.  However, there has been a loud public outcry over the political manoeuvring, with a growing number of Russian citizens angry that Vladimir Putin not only decided he would return to power…but that he could return to power.

Since the escalating back-lash, Putin has tried to divert attention from internal strife and blame everyone else for Russia’s woes – in particular, he has attempted to once again paint the United States as Russia’s main foe.  From the missile defence shield, to Egypt, Libya and now Syria, Putin has tried to blame the U.S and the western alliance as a great meddlesome force hindering world peace.

When Russian protests intensified in December, Vladimir Putin, despite no evidence, initiated his presidential “campaign” by accusing the United States of fomenting street protests against his rule, and by calling his political opponents “tools of U.S. Secretary of State Hillary Clinton.” 

His increasing aggression towards the west has caused diplomats and politicians in the west to ask why he is so determined to blame the west for what ails him.  If the Russian people are unhappy that they are about to have Putin re-installed as president, blame rests at home and not abroad.

  • The Russian people laboured under the misapprehension that they were a more open, freer nation and thus, had a true voice and vote in who leads their country.
  • Putin’s return to power was not greeted with cheers…but jeers.  Putin did not expect this, so his efforts to invent a common enemy are a typical political ploy.
  • Vladimir Putin and his “United Russia” party hope to stay in power for many years – even if the people don’t want them.  Putin believe he can create a scapegoat through red herring issues and manufactured threats to Russia.
  • Unlike the days of the cold war, which Putin longs for, the Russian people are connected to the rest of the world – they can access world media outlets and as such, they are able to get real, uncensored news.  Putin must have forgotten this fact.

But what may be more frightening to Putin than public mistrust of his role as president, are events taking place thousands of miles away.

Since December 2010, when the “Arab Spring” first began in Tunisia, Putin has been especially nervous.  Like the leaders in China and Iran, Putin has watched helplessly as the Arab Spring moved across Algeria, Yemen, Egypt, Libya and now Syria, with the people of those nations take to the streets in mass protest…and worse.  In Egypt, they drove Hosni Mubarak from power and put him on trial and in Libya, they drove out Moammar Gadhafi and hunted him down – now he is dead.  Putin and the leaders in China and Iran are clearly wondering what would happen if the “Arab Spring” made its way to their own countries.  With Syria’s Bashar Assad using the military against his own people so he can cling to power, the leaders of Russia and China must harbour some hope that he actually survives the revolution – which probably explains why they vetoed any action on Syria by the UN.

Putin clearly believed he could return to power and be happily embraced by the average Russian voter – when that failed to happen, he tried to stir nationalistic pride by falsely portraying the United States and the “west” as meddlesome powers that were intentionally causing problems inside Russia.  As the Arab Spring took exploded, his anxiety level must have caused him to act irrationally, because he again tried to blame the U.S. for those home-grown revolutions.  He made a few mistakes however.  Just a few days ago, Russia vetoed UN action against Bashar Assad in Syria, saying that no one should interfere in their internal affairs.  This week he is quoted as saying:

“Moscow must not let events like those in Libya and Syria be repeated in Russia.”  He followed up this random dire warning by once again telling the west not to interference in a country (Russia), that he intends to “lead for years to come.”  He went on to say:  “We of course condemn all violence regardless of its source, but one cannot act like an elephant in a china shop.  Help them, advise them – limit, for instance, their ability to use weapons – but do not interfere under any circumstances.” 

So Putin is telling the U.S. not to interfere in Syria’s internal affairs – but hadn’t he already blamed us for starting the trouble in Syria… and Egypt…and Libya and, apparently…Russia?  He needs to keep his stories straight and he needs to keep his blame game more organized…there must be an app for that, right?

 

 

Your Money Your Vote 2012 – If The Federal Reserve Is Abolished, What Then? – CNBC

Many critics of the Federal Reserve won’t be satisfied until the central bank is shut down for good.

But abolishing the Fed only raises the bigger issue: What would—or should—be in its place?

The debate is hardly new. Efforts to set a cohesive national monetary policy through a central bank in the U.S. have been many and turbulent.

However, pushing the Federal Reserve building into the Potomac River wouldn’t be easy. Let’s see how the process could play out.

What has to be done?

The first thing to do in getting rid of the Fed is for Congress to repeal the 1913 law—and the subsequent amendments—that set up the current [Read full story...]

FBI warns of threat from anti-government extremists | Reuters

(Reuters) – Anti-government extremists opposed to taxes and regulations pose a growing threat to local law enforcement officers in the United States, the FBI warned on Monday.

These extremists, sometimes known as “sovereign citizens,” believe they can live outside any type of government authority, FBI agents said at a news conference.

The extremists may refuse to pay taxes, defy government environmental regulations and believe the United States went bankrupt by going off the gold standard.

Routine encounters with police can turn violent “at the drop of a hat,” said Stuart McArthur, deputy assistant director [Read full story...]

BBC News – US and Israel working together on Iran, says Obama

The U.S. is working closely with Israel to prevent Iran from becoming a nuclear power, President Barack Obama has said.

He told NBC he believed Israel had not yet decided how to deal with the issue, amid reports that Israel may strike Iran as early as spring.  Mr. Obama said the aim was to resolve the crisis diplomatically, but added that no option was off the table.

The U.S. and Israel suspect that Iran is building a nuclear bomb.  Iran says its programmes are for peaceful purposes.  Last November, the UN nuclear watchdog, the IAEA, said it had information suggesting Iran had carried out tests “relevant to the development of a nuclear explosive device”.

Since then, the US and the EU have imposed a series of [Read full story...]