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start to confuse militia - telephone Republican Guard and tell them there is march in your street when there is none - #Iranelection RT RT
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Ppl stop working - go to work if you must - but do nothing - bring all Gov offices to halt - #Iranelection RT22 minutes ago from web
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Ppl - stop to pay all electricity, gas, water, telephone bills from today - this will starve the Gov - #Iranelection23 minutes ago from web
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Ppl if you have money in bank - withdraw ALL your account - Gov is using your money to kill your ppl - #Iranelection
I don't suppose anyone knows what the reserve ratio is for Iranian banks?
(You can follow PersianKiwi on Twitter here: http://twitter.com/persiankiwi and you can follow the latest protest news on Twitter with the hashtag #iranelection : http://twitter.com/#search?q=%23IranElec....)
Update: And there goes the oil supply...
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Expect food shortage - transport stoppage - money shortage in bank #Iranelection RT RT RThalf a minute ago from web
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Soon Mousavi will announce full national strikes, probably starting with Petrochemical - prepare for this #Iranelection RT RT RT
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Better strategy than unarmed crowds assembled before armed militia.
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I don't know if it's possible, but something would just feel truly odd if after everything we've been watching, a bank run in Iran set off the dominoes.
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Yup. I got this on my Twitter account earlier. I posted it in the Geopolitical thread. Seems like they mean business. They want people to stop working; take their money out of the banks and stop paying their utility bills and loans.
We need to learn from these guys.
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We just decided on our price/billing options on our heating oil account for the upcoming season. I would think it may be prudent to lock it now. Thoughts?
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Tastes like chicken, but is it truly Black Swan?
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After thinking about it, it makes sense an economic black swan event would begin in a developing nation. Just as the oligarchs do not wish the system to deteriorate beyond their control. Neither do most of the citizens of the developed nations since they have the most to lose. The most dangerous man (or nation) is the one with nothing to lose.
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So Iran and North Korea are the last holdouts of not being controlled by the International Bankers right?
In the middle of all of this, propaganda at it's highest, the propaganda war against Iran started many years ago, and they finally found a way to possibly collapse Iran from within.
Not that I am an Iran supporter, but I believe VERY LITTLE of the propaganda we have been brainwashed into believing about Iran over the years. It was always about the Oil and getting them under control of the IBs.
I will not be surprised to see Oil prices go to $200(+)OVERNIGHT.. and JPM will be cashing in on windfall profits from Oil tankers they have leased recently.
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TF- gotta agree with you. I know and have worked with several Iranians back in my Toronto days. I have nothing but good things to say about them. Really smart guys. I offer no support for their .gov, but we don't really know much about it. They were always pretty guarded about talking about politics but always had the sense they really missed their homeland.
That said, I don't trust a ****ing word comes out of US .gov either. Hope to see the day there are a few million marching into DC demanding accountability from our .gov.
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I don't think it is a coincidence that Goldman Sachs applied for permission to do business in Iran a few months back. Remember that little nugget?
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Sometimes we have to get pass the A.D.D. and look at the bigger picture.
Maybe the Iranian populace will like being under the control of the International Financial Terrorists.
As far as Oil going to $200(+), it will simply be a propaganda tool on the World Populace to despise the Iranian .gov even more..
Remember Goldman Sacks are the Market Makers for the oil market.
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I met an Iranian woman (22) at a bar this weekend. Her parents moved her out of Iran to the US until this whole thing blows over. This doesn't appear to be a little riot, things might have reached critical mass.
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See what happened to Iraq? One down, two to go.
A wicked little web they weave. Remember all the propaganda and lies we were sold for attacking Iraq? Saddam simply got tired of being the US Govs little bitch and said 'no mas'..
Funny how much BULL**** we are brainwashed into.
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Something I remember my parents always telling me as I was growing up was that in Iran the collection of interest on a loan is not an Iranian way of life.
It's not that the banks haven't been trying, but they have been systematically told to shove off. I wouldn't imagine they are quite ready to hand over the keys to the kingdom all the sudden given the fantastic results in the West.
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In a country where the government claims to follow the strict Islamic principles, running a traditional banking network would be against the fundamental teachings of Qur’an. Therefore, immediately after the Islamic Revolution, the Central Bank was mandated to establish an Islamic banking law. In 1983 the Islamic Banking law of Iran was passed by the Islamic Majlis of Iran [7]. According to this law, Iranian banks can only engage in interest-free Islamic transactions (interest is considered as usury or riba and is forbidden by Islam and the holy book of Qur’an). These are commercial transactions that involve exchange of goods and services in return for a share of the assumed "profit". Iran uses what are officially termed "provisional" interest rates, as rates paid to depositors or received from borrowers should reflect the profits or losses of a business.[8]
All such transactions are performed through Islamic contracts, such as Mozarebe, Foroush Aghsati, Joale, Salaf, and Gharzol-hassane. Details of these contracts and related practices are outlined in the Iranian Interest-Free banking law and its guidelines. This law describes and authorizes an Iranian Shiite version of Islamic commercial laws. Iran’s banking system adheres to Islamic rules that prohibit earning or paying interest.
Critics believe that this law has simply created the context for legitimizing usury or riba. In reality all banks are charging their borrowers a fixed pre-set amount at a rate of interest that is approved by the Central Bank at least once a year. No goods or services are exchanged as part of these contracts and banks rarely assume any commercial risk. High value collateral items such as real estate, commercial paper, bank guarantees and machinery eliminate any risk of loss. In case of defaults or bankruptcies, the principle amount, the expected interest and the late fees are collected through possession and or sale of secured collaterals.
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Khamenei has to know if the oil workers strike this **** breaks apart in a hurry. If he wasn't so myopic he would be brokering some concessions to put Mousvi in power. Then, he gets to keep on keeping on playing puppet master. His aura of iron grip, no weakness has been over extended. The only question now is does he recognize it and which road does he choose. Because if he doesn't start turning this politically towards reconciliation, he is going to find himself hanging from a pole. It's still his game to lose. But he sure as hell is losing right now.
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