Saturday, June 03, 2006

Tom Brown's bankstocks.com

Tom Brown's bankstocks.com: "The Bomb

Many observers view the Iranian quest for a nuclear bomb as an act of self preservation. The theory is that, if Saddam Hussein had possessed the bomb, he’d still be in power. There wouldn’t have been either a first Gulf War or a 2003 invasion. North Korea has shown the bargaining and deterrent power that the bomb possession provides. Iranian conservatives seem confident that the UN will never order the imposition of sanctions: China and Russia would likely block them, even if the Europeans come around. China’s need for energy is so great that it wouldn’t want to be cut off from Iran. Also, Russian construction, building contracts and business dealings with Iran are so extensive that the Russians would be reluctant to see them end."

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