Best of the Week
Most Popular
1. Crude Oil and Water: How Climate Change is Threatening our Two Most Precious Commodities - Richard_Mills
2.The Potential $54 Trillion Cost Of The Fed's Planned Interest Rate Increases - Dan_Amerman
3.Best Cash ISA Savings for Rising UK Interest Rates and High Inflation - March 2018 - Nadeem_Walayat
4.Fed Interest Hikes, US Dollar, and Gold - Zeal_LLC
5.What Happens Next after February’s Stock Market Selloff - Troy_Bombardia
6.The 'Beast from the East' UK Extreme Snow Weather - Sheffield Day 2 - N_Walayat
7.Currencies Will Be ‘Flushed Down the Toilet’ Triggering a ‘Mad Rush into Gold’ - MoneyMetals
8.Significant Decline In Stocks On The Cards! -Enda_Glynn
9.Land Rover Discovery Sport Extreme Driving "Beast from the East" Snow Weather Test - N_Walayat
10.SILVER Large Specualtors Net Short Position 15 Year Anniversary - Clive_Maund
Last 7 days
Bitcoin Price Trend Forecast, Paypal FUD Fake Cryptocurrency Warning - 17th Mar 18
Strong Earnings Growth is Bullish for Stocks - 17th Mar 18
The War on the Post Office - 17th Mar 18
GDX Gold Mining Stocks Fundamentals - 16th Mar 18
Nationalism, Not the Russians, got Trump Elected - 16th Mar 18
Has Bitcoin Bought It? - 16th Mar 18
Crude Oil Price – Who Wants the Triangle? - 16th Mar 18
PayPal Cease Trading Crypto Currency Bitcoin Warning Email Sophisticated Fake Scam? - 16th Mar 18
EUR/USD – Something Old, Something New and… Something Blue - 16th Mar 18
DasCoin: A 5-Minute Guide to How It Works - 15th Mar 18
Stock Market Downward Pressure Mounting - 15th Mar 18
The Stock Market Trend is Your Friend ’til the Very End - 15th Mar 18
6 Easy Ways to Get What Women Want, for Less! - 15th Mar 18
This Isn’t Your Grandfather’s (1960s) Inflation Scare - 15th Mar 18
Eye Opening Stock Market Index, Volatility, Charts and Predictions - 15th Mar 18
Gold Cup At Cheltenham – Gold Is For Winners, Not For Gamblers - 15th Mar 18
Upcoming Turnaround in Gold - 14th Mar 18
Will the Stock Market Make Another Correction this Year? - 14th Mar 18
4 Ways To Writing An Interesting Education Research Paper - 14th Mar 18
China Toward Sustainable Economic Growth - 14th Mar 18
Stock Market Direction Is No Longer Important - 14th Mar 18
Trade Tariffs Defeat Globalists and Return Prosperity - 14th Mar 18
Stock Market Crash is Underway and Cannot be Stopped! - 14th Mar 18
Are Energy Sector Stocks Bottoming? - 14th Mar 18
Nasdaq Stocks Soars to New Record High After Strong Job Reports - 14th Mar 18
Bitcoin BTCUSD Elliott Wave View Calling for Rally toward $15,000 - 13th Mar 18
Hungary’s Gold Repatriation Adds To Growing Protest Against US Dollar Hegemony - 13th Mar 18
Record Low Volatility in Precious Metals and What it Means - 13th Mar 18
Tips for Writing and Assembling the Classification Essay - 13th Mar 18
Gerald Celente "If Rates go up too High, the Economy goes Down, End of Story" - 13th Mar 18
Stock Market Selloff Showed Gold Can Reduce Portfolio Risk  - 13th Mar 18
Silver Does it Again! Severe Consequences - 12th Mar 18
Has the Stock Market Rally Run Out of Steam? - 12th Mar 18
S&P 500 at 2,800 Again, Stock Market Breakout or Fakeout? - 12th Mar 18
The No.1 Energy Stock To Buy Right Now - 12th Mar 18
What Happens Next When Stock Market Investor Sentiment is Neutral - 12th Mar 18
Economic Pressures To Driving Gold and Silver Prices Higher Long-Term - 12th Mar 18
Labour Sheffield City Councils Secret Plan to Fell 50% of Street Trees Exposed! - 12th Mar 18
Stock Market Uptrend Resuming? - 11th Mar 18
Bond Market Interest Rate Yields Are Rising Again… Stocks Are on Thin Ice - 11th Mar 18
Death of Europe's Greenest City, Police State Sheffield Labour Council to Fell 50% of Street Trees - 11th Mar 18
Do All Bull Stocks Markets Need to Have a Bearish Divergence? - 11th Mar 18
An Inflation Indicator to Watch, Part 3 - 11th Mar 18
Online Stock Trading Tips - Tips about Online Trading & Day Trading - 11th Mar 18
NDX makes a new high. What does that mean? - 10th Mar 18
Blue Chip Companies on Track for $800 billion Buyback Record in 2018 - 10th Mar 18
Cheap Gold Stocks Basing - 10th Mar 18
An Introduction to Online Forex Trading - 10th Mar 18

Market Oracle FREE Newsletter

Urgent Stock Market Message

The Real Reason Why Obama Wants to Lift Sanctions on Iran

Politics / GeoPolitics Apr 30, 2015 - 04:40 PM GMT

By: Mike_Whitney


“It is essential to recognize that Iran does not currently have a nuclear weapons program, nor does it possess a nuclear weapon. On February 26, James Clapper, the director of national intelligence, told the Senate Armed Services Committee that Ayatollah Khomenei, the supreme leader of Iran, ended his country’s nuclear weapons program in 2003 and “as far as we know, he’s not made the decision to go for a nuclear weapon.” This repeats the “high-confidence” judgement of the U.S. Intelligence Community (IC) that was first made in November 2007.”

-Micah Zenko, Putting Iran’s Nuclear Program in Context, Council on Foreign Relations

It always helps to start with the truth, and in Iran’s case, the truth is quite simple. Iran has no nuclear weapons, it has no nuclear weapons program, and it’s never been caught diverting nuclear fuel for other purposes. Iran has pursued nuclear technology for peaceful purposes alone.

These are the facts. They may not jibe with the lies propagated in the western media, but they are the facts all the same. Iran is not guilty of anything. It’s merely a victim of Washington’s power-crazy attempt to control vital resources in the Middle East and enhance Israel’s regional hegemony. That’s what’s really going on. It’s all geopolitics. It has nothing to do with nukes.

Media coverage of the so called nuclear negotiations in Laussanne and now in Vienna has focused maniacally on the number of centrifuges, IAEA monitoring programs, uranium enrichment capability, and myriad other arcane topics that are meant to divert attention from the fact that Iran has no nuclear weapons program and no interest in developing one. By poring over the details of these issues in excruciating detail, the reader is left feeling that Iran must be hiding something and therefore must pose a real threat to US national security. But of course that’s precisely what the authors of these articles hope to achieve, they want to pull the wool over the public’s eyes and get people to believe something that is transparently false.. The fact is, Iran is not doing anything underhanded or illegal. They are merely demanding that their right to enrich uranium for peaceful purposes under the terms of the NPT be respected. Iran will not allow itself to be bullied by the US or treated like a second class citizen. Iran has behaved honorably from the beginning, which is a helluva a lot more than can be said of the US.

The media doesn’t want to discuss the “additional protocols” that Iran accepted in order to build confidence among members on the United Nations, because then people would realize that Iran has gone the extra mile many times in the past only to be slapped with more spurious accusations of noncompliance or foul play. But where’s the evidence of noncompliance or foul play? There isn’t any. It’s all just fear-mongering speculation and vitriolic BS spewed by the dissembling media. There’s not a word of truth to any of it.

The media’s latest scam centers on the term “breakout time”, which refers to the amount of time it would take for Iran to build a nuclear weapon if it was so inclined, which it isn’t.

“Breakout time” is the new propaganda buzzword reiterated thousands of times in the media suggesting that Tehran is just hours away from building an atomic weapon that it will immediately use to annihilate Israel. It’s a ridiculous fairy tale that assumes that–since the US is a rouge-homicidal state that goes around bombing the bejesus out of anything that moves–that other states are bound to behave the same if given half a chance. This is wrong on many levels. First of all, Iran doesn’t want nukes and, secondly, leaders in other countries are not power-mad megalomaniacs whose only joy in life is reducing broad swathes of the planet to smoldering rubble. That behavior is particular to US leaders alone. Others don’t suffer from the same sociopathic disorder.

The nuclear issue has nothing to do Iran’s fictitious nuclear weapons program. That’s just a smokescreen. The real problem is that Iran is a sovereign country with an independent foreign policy. Washington doesn’t like independent nations. Washington likes nations that shut up and do what they’re told. Nations that refuse to take orders are Washington’s enemies, they’re placed on a hit list. And that’s where the sanctions come into play. Sanctions are the way that Washington weakens its enemies before bombing them to kingdom come. They’re the stick the US uses to beat its rivals into submission.

If you’ve been following the news lately, you know that something very strange is going on. The US has done an about-face and changed its policy towards Iran. It’s a shocking development. The US has maintained the same savage policy towards Cuba for 60 years without changing a thing. Whether the policy works or not, has never mattered; what matters is inflicting maximum pain on the people Washington’s doesn’t like. So why the sudden change with Iran? Why is Obama trying to reach an agreement with a country that US elites openly despise?

And, keep in mind, that what Obama’s doing is extremely unpopular with many powerful groups; the congress, the media, Israel and even high ranking officials in his own State Department. Could it be that the powerbrokers who pull Obama’s strings and tell him what to do have suddenly seen the light and want to open a new era of reconciliation and friendship with Iran?

Of course not. No one believes that. The only reason Obama would strike a deal with Iran is because the US wants something in return. And the US does want something in return. The US wants a substitute for Russian gas flowing to the Europe so it can destroy Russia economically and implement its strategic plan to spread US power across Asia so US mega-corporations can maintain their dominant position in the global economy. Obama is playing nice with Iran so he can pivot to Asia as easily as possible.

So how plausible is it for Iran to replace Russian gas in the lucrative EU market?

Check out this clip from an article written in 2014 that anticipated the very scenario we see developing today, that is, the US trying to prevent an integrated EU-Russian free trade zone that would dwarf the US GDP and leave the exceptional nation to face years of precipitous decline. The article is titled “EU turns to Iran as alternative to Russian gas”:

The European Union is quietly increasing the urgency of a plan to import natural gas from Iran, as relations with Tehran thaw, while those with top gas supplier Russia grow colder…

“Iran is far towards the top of our priorities for mid-term measures that will help reduce our reliance on Russian gas supplies,” the source said. “Iran’s gas could come to Europe quite easily and politically there is a clear rapprochement between Tehran and the West.”….

While sanctioned itself, Iran has the world’s second largest gas reserves after Russia and is a potential alternative given talks between Tehran and the West to reach a deal over the Islamic Republic’s disputed nuclear programme.

“High potential for gas production, domestic energy sector reforms that are underway, and ongoing normalization of its relationship with the West make Iran a credible alternative to Russia,” said a paper prepared for the European parliament…

“Given Russia’s current strategy politically, which is one of confrontation with Europe, I see the EU having little choice but to find alternative gas supplies,” he added…

“Iran’s interest to deliver gas to Europe is very big. Parts of Iran’s economical and political elite as well as Western companies are preparing for an end of the sanctions,” said Frank Umbach, energy research director at King’s College in London…

Iran has long lobbied to build a designated pipeline that would connect its huge South Pars gas field with European customers – the so-called Persian Pipeline.

“It’s an extremely ambitious project,” Handjani said. “Even if half of it gets built it would be major accomplishment for both Europe and Iran.”…

Independent feasibility studies show that if sanctions were to be eased and investments started soon, Iran could supply 10-20 billion cubic metres (bcm) of gas a year to Turkey and Europe by the early 2020s.
(EU turns to Iran as alternative to Russian gas,

This is why Obama wants to ease sanctions; it’s because he needs to find an alternate source of gas for Europe while he prosecutes his war on Russia. Defeating Russia has become Washington’s top strategic priority. The United States is willing to risk everything –even nuclear war– to maintain its stranglehold on global power and to extend its hegemony into the next century.

By Mike Whitney


Mike Whitney lives in Washington state. He is a contributor to Hopeless: Barack Obama and the Politics of Illusion (AK Press). Hopeless is also available in a Kindle edition. He can be reached at

© 2014 Copyright Mike Whitney - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Mike Whitney Archive

© 2005-2018 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules