What are the views here? Yank their license? Let the market decide? Nothing?
[quote]Neuromancer wrote: Standard Chartered shares shed $17-billion on Iran accusations | Financial Post What are the views here? Yank their license? Let the market decide? Nothing?[/quote]I’m surprised nobody has commented on this, but I am not well enough informed in this area to have a worthwhile opinion. If I understand correctly.
I am SOOOOOO sick and tired of the US being the international police for EVERYTHING. I mean, who the hell do they think they are to levy sanctions against a BRITISH bank? All they did was do the same thing they’ve been doing since '78, but NOW there’s a problem? It’s fucking bullshit.
So here’s the chain of events:
-US sticks it’s nose into the internal affairs of Iran (essentially committing what WE would call terrorism if it was committed against us)
-Iran get’s pissed off and responds in a passive aggressive indirect way (because it can’t openly declare war on us because they’d lose). But they are difficult whenever presented with the opportunity to do so. Certain factions leverage overall hatred of the US and gain power.
-So the US slaps them with sanctions and tells the REST of the world that they’re not allowed to do business with Iran anymore. Russia and China say “fuck you, we’ll do business with whomever we please”.
-Other countries that are our “allies” have no choice but to conform to our wishes.
-Iran then declares THOSE countries that follow the US lead to be their enemy and blow shit up in THEIR country.
-It’s business as usual until 2008/2009 with certain legal ways to get around the issue of dealing with Iran’s sanctions.
-Then the US socializes the banking industry, tells Switzerland and other “tax haven countries” that they no longer can keep THEIR banking practices and HAVE to break their legal agreements with all of their clients who happen to be US citizens, OR ELSE. And oh yeah, you can’t play ball with Iran any more (even though they produce a significant portion of the world’s oil supply, NO ONE can do business with them, OR ELSE).
This is nothing short of a blatant attempt by the US government to take over the world banking industry - socializing our OWN banks weren’t enough.
And we wonder why the world hates us and want’s to blow us up?
The US needs to back up, sit down and have a nice big cup of “shut the fuck up” when it comes to international banking and sticking our nose into other countries affairs.
Angry Chicken, you give me hope for your country. Not much, but there’s some now.