Bush and allies embrace possible Iran sanctions

[maddezmom]

Source: AP

KRANJ, Slovenia - President Bush and European allies on Tuesday threatened tougher sanctions to squeeze Iran's finances and derail its potential pursuit of a nuclear weapon. Bush said the prospect of a nuclear-armed Iran would endanger world peace.

"They can either face isolation, or they can have better relations with all of us," Bush said of Iran's leaders while capping his final European Union-U.S. summit.

The president and EU leaders embraced new financial sanctions against Iran unless it verifiably suspends its nuclear enrichment. They said Iran must fully disclose any nuclear weapons work and allow the International Atomic Energy Agency to verify that work.

Iran is also under fire for defying three sets of U.N. Security Council sanctions and continuing to enrich uranium — which can generate both nuclear fuel and the fissile material for the core of nuclear warheads. Iran insists that it has only civilian uses in mind for its nuclear program.



Read more: http://news.yahoo.com/s/ap/20080610/ap_on_go_pr_wh/bush_europe;_

[no_hypocrisy]

1. At least, it's better than bombing Iran, although we know the WH will

give it two weeks, claim sanctions have failed, and then ratchet up the rhetoric about having no other option but to handle Iran in a military fashion.

[LakeSamish706]

2. I don't understand why these European allies don't tell lame duck Bush...

to go Cheney himself...

[Dogtown]

3. I think they have, politely.

I think the Pentagon has also. They're adventuring has been shut down unless McCain is selected.

There is still the risk of an "incident" being manufactured. They have plenty of mercenarise and SpecOps types on payroll.



IMPEACH NOW!

[Hulk]

4. Just ignore our clown-asshat....he'll go away on January 21st...

Who could possibly have any respect for this smelly fart of a human? Honestly, the country is beginning to expose his lies and deceit, and the country is beginning to wake from it's slumber...thanks to $4 a gallon gas, I suppose.

Wait until Obama gets into office before ANYONE takes any further action against Iran, Syria, etc, etc. This idiot of ours is a walking time bomb....if you haven't already figured that out.

He's OUR CLOWN!! Sad, but true.

[Tempest]

5. EUROPEAN allies

Without support from Russia and China, talk of sanctions will go nowhere.

[ohio2007]

6. Iran's Mahmoud Ahmadinejad orders banks to move assets to beat EU ( collapse of Iran from within ? )

The president of Iran has ordered the country's leading banks to transfer billions of dollars of assets from Europe to the Central Bank to prevent them being frozen by international sanctions, according to Western diplomats.

The funds are being moved to Tehran through a secret network of "front" companies set up in Gulf states such as Dubai.

Mahmoud Ahmadinejad ordered the move amid growing concern that Iranian banks would soon be subject to strengthened European Union-level sanctions. But his action has caused friction with Tahmaseb Mazaheri, the governor of the Central Bank. The Iranian press has reported that he may resign over the issue.

This would constitute a serious blow to Mr Ahmadinejad's already battered reputation for economic competence. Mr Mazaheri has only been in the job nine months after he replaced Ibrahim Sheibani, who resigned over the Iranian president's attempts to control the activities of the state's banks.


snip
http://www.telegraph.co.uk/news/worldnews/middleeast/iran/2095636/Iran%27s-Mahmoud-Ahmadinejad-orders-banks-to-move-assets-to-beat-EU.html

the mullahs have lost confidence in dinnerjacket and his "scientific" ways in running of the country ;)

Cleric: Iran economy mismanaged

http://www.presstv.com/detail.aspx?id=59313§ionid=351020102



His boogieman dance is getting old

http://www.liveleak.com/view?i=449_1212593247

Get ready for the $175/bbl oil surge