More Fun in Iran

Iran's front man for the hard-line, religious leaders that really run Iran, el Presidente Mahmoud Ahmadinejad, keeps spouting his revisionist history rhetoric at the Iranian KKK meeting they're calling a “conference” in Tehran. You'd think he might have a point about the Holocaust, except for the millions that lived through it, and hundreds of thousands of American GIs, and other Allied soldiers that saw the Nazi carnage first hand. Oh, maybe they were the ones lying about the whole thing.
No matter the extent of certain Muslim extremists and el Presidente's antisemitism, and their efforts to make it national policy in Iran and elsewhere, their little joke of a conference will, thankfully, fall on deaf ears throughout most of the rest of the world. The fact that they actually had people show up at the thing at all is chilling. Who inhabits this world of ours? Next time maybe we should use the conference schedule for GPS targeting information
Now, imagine the same group of maniacs with a few little fission firecrackers. One would hope they wouldn't be actually insane enough to start lobbing them into neighboring countries or giving them to like minded groups for Eid-ul-Fitr presents. Wait! Rational thought and compassion for their fellow world citizens doesn't enter into their occluded minds. With any luck, there'll be a little Polonium 210 floating around Tehran salad bars during their next little gathering. You know, the whole “do unto others” thing. Enough of that for now.
How does that affect your personal finances? Really not at all. Yet. If however, the nut job actually does get a nuke, the picture may change a bit. In addition, the mere presence of such an intolerant bastard and others like him in the midst of the world's petro reserves can't contribute much to market stability. With every move closer to potential conflict, and every unbalanced utterance by Ahmadinejad or any other “leader”, investors get jumpy. Jumpy is great in Mexican beans, not so good in investors. Markets cherish stability and predictability, not uncertainty. Maybe the world community could help instill a little stability over there. In retrospect, maybe this little gathering was just what they needed to finally stop hitting snooze.
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