Iran is proposing to develop something far more threatening to Bush interests than nuclear capability, WMD’s, or even terrorists. According to this interesting article by William Clark, Iran has been planning to set up an international oil exchange denominated in the Euro currency. What needs to be understood is that if the world begins to primarily price crude in Euro, America will suffer as a net importer of the product, which incidentally will harm American corporate profits. The Iranian example as argued by Clark will be just like many US wars in the past. As Smedley Butler argued war is … Continue reading The Real Threat Coming from Iran