What will happen to your pocketbook if Bush goes to war with Iran?
The Pentagon has disclosed plans for the US and Britain to send more war ships within striking distance of Iran. The aircraft carrier USS Eisenhower is near and another war ship is on it's way.
Experts fear Iran may use the most effective weapon against US invasion: Shutting down its oil capacity there and in surrounding countries-- within two days. Right now the US oil-based economy is operating on a low 1.5 percent excess capacity. Without Iranian oil, US excess capacity would drop to minus 4%.
Since India and China (with their growing economies) use lots of Iranian oil, will those countries put their oil needs on hold while the US bombards Iran-- or do you think those countries would be upset with the US?
Americans will feel the price consequences of an invasion within two days.
Would Americans support increased unstable oil prices because of a US invasion?
- Ringo G.Lv 41 decade agoFavorite Answer
Scott Ritter seems convinced that the USA will attack Iran, the consequences cannot be accurately predicted, but you can be sure that Iran has planned for this.
Not just the people of America, but the people of the world would be affected, of course the oil price would rise dramatically, then the gas prices, then the price of shipping/ goods.
I guess it would be similar or worse than the oil crisis of the 70's.
The common people of the world would no doubt feel the effects of economies failing, probably a world wide recession.
But some people will profit, oilmen love high oil prices, military suppliers would get more contracts from the aggressors, and what has Bush got to lose? he can't be re-elected, he has no regard for human life.
As for India and China i doubt they would do anything militarily, but economically they can further reduce the amount of dollars they hold in the reserves, which would add to the depression in the USA. Some Americans would support whatever Bush does, but the majority wouldn't, but they have no say in the USA's "democracy".
- RachelLv 44 years ago
No. I have not supported him in the years he has been in office. I knew he was going to be a bad president and he has not disappointed. He follows in the footsteps of Reagan who was very bad, George Bush Sr who was bad, and this Bush tops all of them. The biggest threat to this country has been this administration since 9/11. He has been a threat to civil liberties, alienating us from our friends in the world, going to war against a nation that had no nuclear weapons instead of chasing Bin Laden in Afghanistan, forgetting about the poor and middle class, and rushing to sign a bill to keep a brain dead woman alive. This man has never had any class or decency to do the right thing and he never will.
- 1 decade ago
They aren't going to touch.Iran.
Here's a little clue for you:
What you see today happening and being reported on the news has been in the works for possibly the last 4 years, maybe more.
We're just seeing plans being manifested.
The US is going to going plant Itself in the center of the Middle East and Iraq and Iran is just going along for the ride.
Did you read that fluffy letter the President of Iran wrote to Us Noble Americans?
I'm pro-palestine, but the Iranian Pres guy is blowing smoke.
- YR1947Lv 41 decade ago
america would loose its dreams of an alliance with india for ever india and iran have been allies long before the united states of america was made its hundereds of years of traditional alliance we're not gonna spoil it cause we got a nuclear deal and some new weapons systems america doesnt have the resources to fight another war again this time if they fight theyre gonna get hammered more ever than before because irans duplicated american technology and thats just as good as american tech
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- Rich BLv 51 decade ago
I don't think the sky is truly falling. And I doubt we will have to resort to attacking Iran. Iran will implode if we finish what we have started in Iraq. The good citizens of Iran are miserable with living under an oppressive theocracy and will take the steps necessary to topple that form of government. Is it right? Well, I would prefer it to living under the conditions they are living.
As to my pocketbook? I prepare as best I can for any eventuality. I survive, I get by because I take care of myself and don't depend on my government to make all decisions for me. Can't speak for anyone but me...I'll get by fine. Thanks for being concerned.
- JeancommunicatesLv 71 decade ago
What could happen to your head if he doesn't? Do you care more about your pocketbook or your head? Why haven't we been finding ways to live without oil? After WWII would have been a good time to start looking for an oil-free America. Both American parties have been non-performers and negligent when it comes to oil.
It seems like Americans only think about their pocketbook.
- S. B.Lv 61 decade ago
Read Scott Ritter's book, "Target Iran"!!!!Source(s): DemocracyNow! on Link TV or radio.
- 1 decade ago
If Bush is allowed to invade vIran, the U.S.A. will drop to it's lowest popularity rating ever, it's already at rock bottom.Source(s): Life
- Anonymous1 decade ago
You mean I still have money in my pocketbook after Afghanistan and Iraq?
- Anonymous1 decade ago
It doesn't matter, with the democrat congress coming in next month, my taxes are going to sky rocket anyway.