Sunday, August 2, 2015

Money Greases The Wheel-- Iran Nuclear Deal

It has been called a nuclear deal with Iran. I tend to think that is what they called this for 'public consumption. I think of it more like another slick trade deal pulled over on people. Here's why.

Reuters is reporting, "Iran plans to buy as many as 90 planes per year from Boeing (BA.N) and Airbus (AIR.PA).. a total of 300 planes within five years.."

Ah but you ask, how will they pay for them. Glad you asked. According to Bloomberg News, "Oil production can increase by 500,000 barrels a day within a week after sanctions end and by 1 million barrels a day within a month following that.. Oil producers such as BP Plc and Royal Dutch Shell Plc have expressed interest in developing Iran’s reserves, the world’s fourth-biggest, once sanctions are removed. Iran is organizing a conference in London in December to discuss new oil contract models with international companies."

In My Opinion
This whole talk of nukes was for public consumption. Follow the money trail. Iran wants money. So do all the rest of the business players including the Untied States. Both sides were in talks for months trying to get the best deal possible. Iran held on to it's nuke program as leverage. The United States it's continued sanctions. In my opinion when both sides finally reached the proper dollar figure an agreement was reached. To my way of reasoning this was nothing more then another trade deal. Hence why I am of the opinion the nukes were used only as a smoke screen.

I predict there will be a lot of chest thumping on both sides of the aisle in congress. In the end the deal goes through. When this much money is in play for bankers and oil companies I expect to see intensive lobbying efforts and pressure applied to anyone who attempts to stand in the way. Unfortunately for Israel there are too many other nations and big businesses coming out ahead which means they aren't likely to address Israel's concerns.

I've only covered this one aspect. Since a huge part of the treaty has been hidden away from public scrutiny we may never know if this was only one small part of what's at stake money wise.


Ferlin Husky- "Money Greases The Wheel"

Yeah, that's how things really work !


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