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Sunday, November 29, 2009

Merry Christmas from Iran???

Iran plans to begin building Uranium plants on five sites starting and will scout five more sites in which to build starting in two months. Here is the BBC article. I heard President Obama called a "deliberator" this morning and all this administration has done for me is give me more flashbacks of Jimmy Carter's presidency in the late seventies. Israel is touting stiffer sanctions right now, but I don't believe they will keep that stance in the near future. But of course we should be ever present in the health care bill not in the security of our country.
Why am I blasting off on this today? Well, depending on how the world responds to this could have a direct impact on oil prices, of course, and when oil goes up food goes up, etc. If this happens during a full swing recession it's not going to be pretty and in light of the administrations policy of sitting and waiting to see what everyone else will bring to the table, it will be yet another long process we will have to wallow through.
If money allows consider beefing up your preps just a little bit more. I'm hoping I'm wrong but I am going to listen to the little nagging voice in the back of my head in any event.

1 comment:

Ken said...

...saw the same report(s)...guess those knuckleheads in control needed something to raise the price of gas(oil)...they got used to double digit billions,as profit...afterall,how can they buy Christmas gifts with only hundreds of millions at their disposal ?!?!

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