Thursday, January 17, 2008

Storm clouds gather

In October I predicted that Iran would push back world fears by downplaying its nuclear ambitions. UN inspectors helped their cause by suggesting that Iran had only acquired nuclear technology for power generation purposes. I also predicted that the US would not back off, notwithstanding counter pressure from China and Russia (an Iranian ally).

With its large oil reserves, one has to feel that Iran has more than enough cheap energy resources not to have to incur the massive capital outlay required for a Nuclear plant - so one is inclined to raise a sceptical eye-brow to their allegations.

Even so, Ahmadinejad is hardly Mister Nice Guy and leopards do not tend to change their spots: except possibly through irradiation. He is a salivating ant-semitic with a long term agenda of fermenting war against Israel.
Neither Israel, who could be pushed to act on their own if need be, nor the US, have been suckered by Iranian charm offensives. After all, Iran is not merely acquiring conventional nuclear power, it has built the capability for enrichment and acquired other nuclear technology that takes their ambitions to a different level altogether.

Bush, who has had forces engaged in war games pursuant to an Iranian war, is expected to harden his position through 2008 - war is regarded as a likely scenario for Pentagon planners. But, aggression is bound to awaken the Russian bear and bring her out in defence of her Iranian cubs - of course a large oil prize underwrites the relationship.

So 2008 promises to be a water-shed year that has already driven the oil price beyond $100 in a period of global economic uncertainty. Why wait any longer to make a decision about your soul?
(c) Peter Eleazar at www.bethelstone.com

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