PULLING MONEY CAN BREAK IRAN
By DICK MORRIS
Published on TheHill.com on June 13, 2007.

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United Nations sanctions are important, but these state pension decisions directly impact the 485 companies that Gaffney’s group, www.disinvestterror.org, has found to invest in the four terror-sponsoring nations identified in the Missouri disinvestment program.

Iran’s key vulnerability is its economy, which is totally dependent on energy revenues. Eighty-five percent of government revenues come from the energy sector, and these revenues are expected to drop from $55 billion in 2006 to only $44 billion this year due to a rise in domestic demand for energy and decreasing energy production. By 2014, it is estimated Iran will export no oil at all unless foreign investment comes to the rescue and helps generate additional production. Iranian oil reserves are the second largest in the world, but are of no use to the ayatollahs unless they can get at them. By cutting off foreign investment in the energy sector, these state government s have gone a long way toward destabilizing the Iranian regime.

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I’m no Dick Morris fan. (I suspect any fellow with “interesting” tastes.) But, I like when he exposes the politician’s “clay feet” and he does have a knack for great ideas. Now, we should NOT have gooferment pensions. And, we should MYOB. But, having said that, this idea seems to be like the concept of Marque and Reprisal. We should get the gooferment out of the energy biz and we’ll have cheap energy from a variety of sources. And, the two bit dictators sitting on oil will be back to square one, wondering where the good life went.

It’s the same principle as legalizing drugs. Don’t get me wrong drug addiction is terrible. But the collateral damage from our phony and immoral so-called “war” on drugs is the equivalent of shooting ourselves in the foot. Eliminate the gooferment from drugs, and we will have the Columbian drug lords wondering where the good life went as WalMart takes the price of drugs to 4$ for a thirty day supply. Oh, and don’t worry about an explosion in addiction, because, at the same time, you will have stripped the “koolness” of drugs being “illegal, dangerous, and hip”.

MYOB, put the gooferment back in it’s Constitutional box, and let the people decide where their money should be invested. If the people see an enemy, then they can decide where to invest their money.

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UPDATE: Some how this horse got out of the barn and on the blog missing one key word and most of the last paragraph. Saw it when it echoed back to me this morning. So I fixed it. Hmmm?