War-Rumors-Iran-Trump-Bob Davis Podcast 832

Presidential Election Ahead…Cue The War Drums

War and rumors of war. This time between the United States and Iran. These days you don’t know what’s real. We’ll talk about it in War-Rumors-Iran-Trump-Bob Davis Podcast 832.

The Devil’s In The Details

In addition I’ll provide details and perspective you don’t get from breathless cable news channels, talk radio and advocate commentators. Once a crisis develops advocacy media will try to convince viewers for or against.

Complicated Issues

Iran is a much more complicated issue.

First of all, at issue is the so called JCPOA. The Joint Comprehensive Plan Of Action.

The JCPOA was signed by all five permanent members of the UN Security Council and Iran during the Obama administration.

Moreover in exchange for Iranians giving up weapons grade uranium some US and European sanctions dating back forty years were temporarily waived.

The Worst Deal Ever…Might Have Been Working

In 2016 republican presidential candidate Donald Trump campaigned on getting rid of the JCPOA calling it ‘the worst deal I’ve ever seen’. In contrast some¬† sources say Iran was actually abiding by that agreement. By the way, the deal Trump signed with North Korea recently pledging to de-nuclearize the Korean Peninsula was in fact a communique like the JCPOA, with fewer conditions.

Trump Imposes Sanctions

No matter. President Trump has taken the US out of the deal and imposed sanctions last year. Just recently the US has reimposed sanctions on Iran’s oil exports as well as copper, aluminum and steel most recently. The economic effects have not been good for Iran.

Iran Uses Proxies To Retaliate and Threatens To Start Enriching Uranium

Reportedly Iran has retaliated using Houthi rebels in Saudi Arabia to attack oil pipelines and shipping in the Persian Gulf.

Trump Sends The USS Abraham Lincoln

Trump ordered a US carrier battle group into the gulf. The Saudis want Iran ‘defanged‘ and have called for ‘surgical’ US Airstrikes.

24 Hour Cable News Channels and Talk Radio Love War

Here come endless loops of jets leaving carrier decks. Pundits talking over shock and awe. Headlines across the bottom of screens showing US troops in Iraq.

Deja Vu All Over Again

Finally we have been through all this before. It did not end well. In fact it has not ended. The Iranians are not paragons of virtue but they are no Iraq or Afghanistan either.

In conclusion we ought to think about that before we’re snookered into another war.

(Editor’s Note: I refer to PPP when giving Iran’s per capita income at about 22,000 a year. In US Dollars it’s probably about 8,000 a year. In addition I gave Iran’s oil export total as 1.2 barrels a year. Even more it is roughly 1.2 million barrels a day.)

Sponsored by Whitetail Builders of Andover Minnesota and Reliafund Payment Processors

War-Rumors-Iran-Trump-Bob Davis Podcast 832

 

 

 

 

 

 

 

Podcast 135

The US delivers a dismal .1 percent GDP growth in the 1st quarter of 2014. And, the Financial Times of London reports that China’s economy will overtake the US as the world’s largest … this year! Say what? Learn what you need to know about this story before you react. Why having a conversation about what we need to do to achieve higher growth in our country beats looking back at the guy trying to beat us. What happens if China does overtake America and takes the gold medal for the world’s largest economy? Send Lawyers Guns and Money … Dad, Get me out of this! Sponsored by Baklund R & D.¬†