Wednesday, June 25, 2008

ATTACK AGAINST IRAN WOULD DEVASTATE U.S. MARKETS

Imagine what would happen to the U.S. stock market and economy if either Bush or Olmert attacks Iran:

1. Gold would go from $800 to $2,000 per ounce
2. Stocks in the U.S. would plummet
3. The value of the U.S. dollar would crash
4. Foreign currencies like the Swiss Franc would double in value
5. Oil would go from $130 to $500 per barrel
6. The U.S. economy would go into deep recession if not depression

The U.S. should not be led into a war with Iran by Israel. Instead of keeping "all options on the table," code for bombing Teheran, both Bush and Olmert should publicly declare that neither the U.S. nor Israel will use military force against Iran or its government.

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