“Pakistani officials confirmed Wednesday that Industrial and Commercial Bank of China had withdrawn from plans to head a consortium that would finance the $1.6-billion Pakistani portion of the cross-border pipeline, apparently over concern that the bank could be excluded from the U.S. economy.
The move suggests that even Chinese companies, which have staunchly resisted U.S. and European efforts to punish Iran for its nuclear program, are beginning to bend to the sanctions on Tehran. China’s unwillingness to fully cooperate had been one of the greatest challenges to the international effort to put economic pressure on Iran. China’s decision is a setback for the Pakistani government, which fears that dire energy shortages could lead to civil unrest as well as economic strain. Pakistani officials said they would press ahead with the project, which would deliver more than 750 million cubic feet of natural gas per day from Iran’s South Pars field. They said they would find replacement financing.………….”
The United States administration has been trying to derail this gas pipeline project for some time now. Pressure on the Pakistanis and offers of a more expensive pipeline did not work, and the Chinese for a while seemed impervious to pressure as well. Blocking this pipeline will harm Pakistan much more than Iran, especially beyond the short term. That country is facing a deepening energy crisis and the vast Iranian gas fields are the closest and most efficient source for it. Iran has the largest reserves of natural gas in the world outside Russia, and it has no shortage of clients, especially beyond the short term. The Obama administration’s State Department is now firmly under the control of the Likud-niks; which means that administration foreign policy itself is under Likudnik control. The old Arabists are long gone from the corridors of power, replaced by Likud-niks. The term “Arabist” itself is now probably a suspect nearly derogatory term at Foggy Bottom and in Washington; in the U.S. Congress “Arabists” can get stoned these days. Cheers
mhg
“The United States has been down this squalid road before, in regard to Iraq, and it doesn’t end well for America. Obama was made to trek to AIPAC (which should have to register as the agent of a foreign state) because it is a very effective lobby and raises money for political campaigns, as well as raising money to punish politicians that do not toe its line on knee jerk support of Israeli policy. We saw this with Iraq, and now it is the same with Iran. A weak, ramshackle, ineffectual bogeyman is set up, like Saddam Hussein or Mahmoud Ahmadinejad. Americans are kept talking about the “threat” emanating from that country. It isn’t a real threat. It is manufactured by the Israeli intelligence agencies and promoted by their cells in the US. With regard to Iraq, we were told that it had among the more powerful armies in the world, that it possessed frightening weapons of mass destruction, that it was a threat to Europe and the United States. None of these things was true………….”
The Communist bogeyman may have been real, but he wasn’t under every American bed, certainly not under Joe McCarthy’s bed, nor under J. Edgar Hoover’s allegedly mysterious bed. The Ba’athist Iraqi bogeyman was an ally of the Reagan administration and a bosom buddy of his eventual victims on the Persian-American Gulf. He wouldn’t have survived the war with Iran without GCC money and Western weapons, including the WMD which he used liberally against the Iraqi Kurds and the Iranians. Saddam turned from Western ally into Western bogeyman as soon as his war with Iran was over, as soon as his usefulness expired late in 1988. With the amiable Mr. Gorbachev in the Kremlin, it was time for Saddam to resume his natural role of the favorite bogeyman. In recent decades America has always ‘needed’ a foreign bogeyman during elections cycles. The problem is that election cycles never end these days. The next American election cycle starts as soon as those elected are sworn in. This election cycle we are seeing now started in January 2009 and continued right through 2010. It will probably pause briefly between next November and January. So there is a perpetual need for a permanent supply of national bogeymen. It is the turn of the Iranians again, highly and insistently recommended by the unregistered Israeli government lobbyists of AIPAC. They get some help from the neighborhood; the medieval tribal Saudi despots have made a tacit common cause with the Israelis and their allies. Yesterday on CNN Rep. Peter King of New York (Gauleiter of hearings on local Islamic terrorism last year) kept mentioning that Obama should coordinate with and or talk to the Israelis and the Saudis. Now when was the last time you heard a New York congressman mention the Saudi princes both favorably and in the same breath as Israel? Now, back to September 11: I wonder when will they finally tie the Iranians to that terrorist act. Miracles do happen when people go stupid: they tied Saddam to it in the minds of millions, didn’t they? Like I said, miracles do happen when people…….. Cheers
mhg