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From Dick Morris:
Can we stop Iran from getting the bomb? You bet we can.
Highly regarded intelligence estimates indicate that Iranian nuclear facilities are still vulnerable to air attack and will be for the next year at least. But while we are dithering, they are digging their facilities ever deeper into the ground, rendering them less accessible with each passing month.
Iran pumps 2.7 million barrels of oil per day (about 3% of the world production). Oil industry analysts suggest that global oil production will rise by 2.6 million barrels per day during 2007. All throughout the world, nations are stepping up their oil drilling responding to high market prices. Brazil, for example, has increased its production from 500,000 barrels per day to almost 2 million in the past ten years. With a little bit of belt tightening, we can organize a global boycott of Iranian oil.
From Frank Gaffney, formerly of the Reagan Defense Department, comes www.disinvestterror.org, an organization that urges investors to stay away from anything that can help terrorist nations, like Iran. Dependent on global investment to access their oil and gas reserves, a cutoff in the flow of funding to Iran could have a huge effect. Modeled after the disinvestment in South Africa that forced the end of apartheid, www.disinvestterror.org has succeeded in getting UBS and its $4 billion portfolio to refrain from such investments. Credit Suisse has followed suit and, under the leadership of State Treasurer Sarah Steelman, so has Missouri. If other state, federal and union pension funds follow suit ? and other banks join in too ? we can, in Gaffney?s words ?privatize? the war on terror.
But from the Baker crowd we can only expect appeasement. One can only hope that Bush remains Bush and that Israel shows the courage that Defense Secretary Gates seems to lack and attacks Iranian facilities and eliminates its nuclear capabilities.
Iran is publicly warning all Western nations to join Islam or die; it must not be permitted to achieve nuclear weapons.
