Iran's president concedes oil prices hurt economy
AP / NASSER KARIMI
03-Dec-2008 (4 comments)

President Mahmoud Ahmadinejad has acknowledged publicly for the first time that tumbling oil prices are hurting Iran's fragile economy, a sensitive subject for the leader critics have accused of mismanaging the country's finances, state media reported Wednesday. Oil prices have plunged more than 60 percent since the summer as a faltering global economy reduces demand. Ahmadinejad said that will force the government of the world's fourth largest oil exporter to make painful spending cuts, official news agency IRNA quoted Ahmadinejad as saying. "Suppose we plan to base next year's budget on $30 per barrel of oil; we have to leave a major part of our projects behind. But we are obliged to set it on $30-$35 because we do not decide the price of oil on the global market," the president said.

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The Collapse Of Imperialsim!

by Killjoy (not verified) on Wed Dec 03, 2008 06:37 PM PST

Similar to his atheist predecessor, Karl Marx, who saw the imminent demise of capitalism more than a century and a half ago, Mahmood Ahmadinejad, until recently, was predicting the fast-approaching collapse of American Imperialism and the triumph of Islamic revolutionary ideals.

During his many peregrinations throughout his three and a half years of presidency to meet with the poor Iranians most of whom could even spot the U.S. on a world map, he talked about the collapse of the U.S. economy, blithely unaware of the global reverbrations that such a collapse would cause.


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Mehdi Mazloom

Is it the beginning of the end?

by Mehdi Mazloom on Wed Dec 03, 2008 01:35 PM PST

Since those tarboosh-ha get 85% of their income from oil revenues. This money keeps them in power. All is needed is to cut off their financial air supply.

Conclusion: why buy the cow, if you can get the milk for free. Why use expensive military force and endanger human (Iranian & American solders) lives to remove the Mullahs, when it can be done while saving money and bloodless.

 

Who knows?, it maybe a conspiracy by the western power to manipulate the oil prices low enough and long enough, until the akhoondah will no longer be able to widthstand the wrath of the people in Iran. 

Let hope a little revolution will do the trick - regime change

 

 


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Dial Mahdi

by sickofiri (not verified) on Wed Dec 03, 2008 10:38 AM PST

You can call Imam Zaman's HOTLINE Here:

//www.csmonitor.com/2006/0104/p07s02-wome.htm...


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Djahangir

Obvious news

by Djahangir on Wed Dec 03, 2008 07:18 AM PST

DJ


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