Israeli attack on Iran could be disaster for U.S. economy

Israel will not be complicit in a second Holocaust. If Iran or any
other nation that has called for the destruction of Israel is about to
acquire nuclear weapons, the Israelis will attempt to destroy that
nation’s uranium-enrichment facilities. In June 1981, Israel launched a
successful air attack on an Iraqi nuclear reactor, and in 2007 it
bombed a Syrian factory suspected of producing plutonium warheads.

But Americans should be aware that when Iran becomes the next target, it will be a blow to the U.S. economic recovery.

In an effort to prevent a military resolution to the problem, the
nuclear club has tried to persuade Iran to stop its weapons program.
But President Mahmoud Ahmadinejad
responded recently by threatening to build 10 new enrichment sites.
There is no evidence that sanctions will persuade Mr. Ahmadinejad to
abandon the opportunity he foresees to destroy his hated enemy. That
leaves Israel with no choice.

The economic repercussions of an attack will be far reaching and
painful. The price of oil will quickly shoot through the roof. Judging
by what happened in 1973, the price could easily go above $300 a barrel
in the short term. There will be long lines at U.S. gas st… >>>

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