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Long Knives Target Iran

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So do Israelis wanting no part of war. A mid-August Haaretz article headlined "We'll all pay on doomsday," saying:

Attacking Iran is madness. It means sharply higher oil prices, deeper global recession, and Israel becoming "even less popular in Europe and the United States than we already are."

The Bank of Israel and Finance Ministry predict attacking Iran will cause "serious economic damage." They're concerned about bankruptcies, mass layoffs, potential panic, and other protracted effects.

World condemnation will follow. Countries, companies, labor organizations, and consumer groups already boycott Israel for good reason. Attacking Iran will intensify their ire.

When "rockets fall on Tel Aviv," expect investors to flee. Financial assets will suffer. Tax revenues will drop. Deficits will rise.

Iran's response will be far more robust than anything Israel previously experienced. "You can't live a normal life under a daily threat like that."

Israelis will be fearful. They'll hunker down. Normal activities will be curtailed. Business will suffer. Tourists won't come. International airlines will cancel flights. Ports will be "paralyzed."

The shekel will drop sharply. Inflation will rise. Goods will become scarce. The only good news is that unaffordable housing prices will fall. Who'll buy property vulnerable to destruction?

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Haaretz omitted what's most important. How many millions of Iranian and Israeli lives will be lost? Bombing nuclear facilities in both countries assures widespread irradiation. 

Immediate casualties will be huge in both countries. Longer-term ones will be catastrophically high. War on Iran assures all sides lose. Regional countries will be affected. So will most others from economic fallout. 

Haaretz is right saying "We'll all pay on doomsday." Assuring it doesn't happen is the only sensible policy. It's not rocket science. It's common sense.

Stephen Lendman lives in Chicago and can be reached at Email address removed

His new book is titled "How Wall Street Fleeces America: Privatized Banking, Government Collusion and Class War"

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http://www.claritypress.com/Lendman.html

Visit his blog site at sjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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The warmongering rulers of the US and Israel have ... by Don Caldarazzo on Saturday, Sep 22, 2012 at 10:39:33 AM
of American hatred of Iran for actually challengin... by Archie on Saturday, Sep 22, 2012 at 3:57:16 PM