ANSWERING A’JAD: DISINVEST, N.Y.!
Dick Morris Reports
By DICK MORRIS & EILEEN MCGANN
Published in the New York Post on September 27, 2007.
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The blow to Iran’s rulers should be huge. The California system alone has assets totaling $350 billion – much of it invested in companies that do business with Iran such as Sieman’s, Total, Respol and Shell.
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In one of the letters, Thompson warned the Spanish oil giant Respol that its investments in Iran pose “significant risks to the company, and by extension, to our investments and that of other share-owners of the company.”
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Eighty-five percent of Iranian government revenues come from the energy industry – a total of $55 billion in 2006. Already, falling oil production (down by a third since the 1979 revolution) and rising domestic demand will cut government energy revenues by an estimated 20 percent over the coming year.
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What could be more right than slowing Iran down in its drive to acquire nuclear weapons?
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What better way to “kneecap” old “I’m a nut job” (as coined by Jay Leno) then with out an invasion, firing a shot, or any fuss or muss.
Luv it!
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Reinke Faces Life 