Tuesday, June 06, 2006

Bush Says Iran Talks Positive

It looks like we are offering them a pretty good deal here. I wonder if Iran is going to reject even this sweetened deal by the US.

The package includes a promise of Western technical help in developing peaceful civilian nuclear energy if Iran stops enriching uranium, a waiver of U.S. legal restrictions to allow export of some agricultural technology, access to U.S. aircraft parts or new Boeing Co. planes to upgrade Iran's aging fleet and U.S. and European backing for Iran to join the
World Trade Organization diplomats and others said.


I wonder what the next step will be if Iran rejects even this proposal. Are we going to go down the long torturous path to a military solution with Russia and China fighting us all the way? I would be willing to bet any money that if sanctions go in and oil goes to $90 we will see a steep recession in this country for sure. Hope you got your DIA, SPY, and QQQQ shorts in if that happens.

No comments: