Tuesday , November 5 2024
Home / Mike Norman Economics / John Feffer — Trump and the Iran Protests

John Feffer — Trump and the Iran Protests

Summary:
Good article about the political situation in Iran.Here is an aside. “The policy of the United States should be regime change in Iran,” Sen. Tom Cotton (R-Ark.) has said. “I don’t see how anyone can say America can be safe as long as you have in power a theocratic despotism.” Of course, this ignores US support of Wahabi and Salafi Saudi Arabia, Qatar, and UAE, which are far more repressive theocratic dictatorships than Iran's. Then, there is Israel, an apartheid state that is in effect a theocracy. Trump is already facing something similar. After all, the president is now undeniably a member of the political elite. He’s the one implementing economic reforms that don’t benefit the vast majority. He’s the one making gobs of money off of the system. And, as in Iran, he’s the one backed by

Topics:
Mike Norman considers the following as important: , ,

This could be interesting, too:

Barkley Rosser writes So Much For The Iran Nuclear Deal

Barkley Rosser writes Iranian Demonstrations Spread to Oil Workers

Barkley Rosser writes Will The Iran Nuclear Deal Ever Get Reestablished?

Barkley Rosser writes Is Biden Going To Blow Reentering The Iran Nuclear Deal?


Good article about the political situation in Iran.

Here is an aside.

“The policy of the United States should be regime change in Iran,” Sen. Tom Cotton (R-Ark.) has said. “I don’t see how anyone can say America can be safe as long as you have in power a theocratic despotism.”
Of course, this ignores US support of Wahabi and Salafi Saudi Arabia, Qatar, and UAE, which are far more repressive theocratic dictatorships than Iran's. Then, there is Israel, an apartheid state that is in effect a theocracy.
Trump is already facing something similar. After all, the president is now undeniably a member of the political elite. He’s the one implementing economic reforms that don’t benefit the vast majority. He’s the one making gobs of money off of the system. And, as in Iran, he’s the one backed by powerful religious fanatics.
But this is an aside. Read the post for the analysis. It's one of the better ones I've encountered. It bears out what I have been saying, but he doesn't say that a big issue in the protest is the result of President Rouhani's neoliberal policy that is hurting workers and other have-nots. In other words, Rouhani is really following the policy that Western neoliberals prescribe, with the predictable result social and hence politically.

LobeLog

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *