Friday, July 2, 2010

Mr. Obama's Sanctions and China

  • A voice for war in the White House — Obama says new U.S. sanctions on Iran toughest ever — and one of eleven voices for peace in Congress — Ron Paul: Sanctions on Iran Means War. "What the US is doing is driving Iran to the Chinese..."

  • "Looking into the long term, will the application of financial sanctions in the service of US policy objectives simply accelerate the disintermediation of the US dollar and displacement of the US from the center of the financial universe?" asks Peter Lee — Chinese Blowback From Iran Sanctions? "For US ambitions and interests, that might be an outcome worse than an Iranian atomic bomb."
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    Omnes Sancti et Sanctæ Coreæ, orate pro nobis.