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THE Dubai Thread (merged)

What's on your mind?
General interest discussions, not necessarily related to depletion.

Re: Dubai oil bourse, Iran oil bourse, and Port deal

Unread postby seahorse2 » Thu 23 Feb 2006, 15:33:08

Based on the interview you provided, it doesn't appear the IOB will launch in March.
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Re: Dubai oil bourse, Iran oil bourse, and Port deal

Unread postby LadyRuby » Thu 23 Feb 2006, 15:42:03

$this->bbcode_second_pass_quote('seahorse2', 'B')ased on the interview you provided, it doesn't appear the IOB will launch in March.


What makes you say that?
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Re: Dubai oil bourse, Iran oil bourse, and Port deal

Unread postby julianj » Thu 23 Feb 2006, 16:06:10

That article was from the middle of last year.

It seems to me that the bourse might be postponed, but also he mentions that a building has already been procured, software bought. I've always thought that the bourse would be a negotiating counter if they thought they were to be attacked.

Thanks for the source though LadyRuby: here's a newer interview with Asemipour
Oil Bourse, an Exercise for Globalization
from a few days ago - doesn't say anything more than we knew already.
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Re: Dubai oil bourse, Iran oil bourse, and Port deal

Unread postby LadyRuby » Thu 23 Feb 2006, 16:08:50

Here's one theory. What if Dubai said, "You know George, we're starting this new marketplace where we'll be selling oil, gold, silver, all the good stuff. And we can't decide whether to operate it in dollars or euros. Hmmm.... what to do what to do...."
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Re: Dubai oil bourse, Iran oil bourse, and Port deal

Unread postby seahorse2 » Thu 23 Feb 2006, 16:16:17

Ladyruby,

I say it doesn't look like it will launch in March of 2006 bc the article gives no date of start, other than to say its their "destiny" to start one. It also states it may start in this government or the next, very vague at best, and is in fact, noncommittal.

If Tehran was going to open the IOB, I agree with Mr. Bill that we would have some notice of it opening more than these vague statements. Tehran would at least have to tell the world that it issued its own permit to open the IOB. Further, people that want to trade on the bourse would have to be given some type of information, just to be able to trade on it. It cannot simply open in March and say, come trade. Its much more complicated than that. These things take time to set up and operate, and even if they want to open one, they have done none of the leg work necessary to open a bourse.
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Re: White House approves US port purchases by UAE

Unread postby oilfreeandhappy » Thu 23 Feb 2006, 16:19:38

I'm one of many Americans who think that the US knew about 9/11, and allowed it to happen, as a pretext to shipping troops into the Middle East. This may be a similar situation - allow a terrorist port entry, as a pretest for an attack on Iran.
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Re: White House approves US port purchases by UAE

Unread postby rogerhb » Thu 23 Feb 2006, 16:49:46

$this->bbcode_second_pass_quote('seahorse2', 'A')s for you're statement that neocons used to be liberals - where does that come from? Rummy and Cheney have always been Nixon supporting Republicans - never democrats.


The faithful wiki, Neoconservatism

$this->bbcode_second_pass_quote('Wikipedia', 'T')he prefix "neo" can denote that many of the movement's founders, originally liberals, Democrats or from socialist backgrounds, were new to conservatism, but can also refer to the comparatively recent emergence of this "new wave" of conservative thought, which coalesced in the early 1970s from a variety of intellectual roots in the decades following World War II. It also serves to distinguish the ideology from the viewpoints of "old" or traditional American conservatism.
"Complex problems have simple, easy to understand, wrong answers." - Henry Louis Mencken
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Re: Dubai oil bourse, Iran oil bourse, and Port deal

Unread postby LadyRuby » Thu 23 Feb 2006, 17:27:55

Here's my next best theory. The Dubai Mercantile Exchange (DME) is just launching their exchange system (see below). Oil traders and the like want to get a piece of the action, especially since the DME will largely sell middle east sour crude, which will increasingly be the type of oil available in the world. So these big players don't want to do anything to piss off the DME, since the DME is still making decisions about who be allowed to trade on the floor. Here's a description:


Dubai Mercantile Exchange Unveils New Trading Hub Concept

$this->bbcode_second_pass_quote('', '.')..the DME unveiled its plans to introduce hubs in its trading facility. The hubs will consist of four to six-seat clusters that will be made available to regional and international financial institutions as well as trading companies. Each hub will contain all the necessary hardware for traders to execute their trades electronically and manage their risk from the Exchange floor. The DME will be the first exchange to introduce this unique hub format.

This will effectively create an energy trading community on the floor of the Exchange, which will not only help to generate liquidity but will further provide the opportunity for international firms to relocate to the floor of the DME, bringing together experienced traders, global banks, local institutions and individuals from around the world.

The DME plans to make further announcements regarding the selection process for firms and individuals interested in obtaining these hubs at a later date.


AND, the U.S. is in the process of negotiating a free trade agreement with the U.A.E. Why would we care about free trade with the UAE? Oil.

I knew it had to come down to oil no matter how you look at it.
Last edited by LadyRuby on Thu 23 Feb 2006, 17:41:57, edited 1 time in total.
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Re: Dubai oil bourse, Iran oil bourse, and Port deal

Unread postby LadyRuby » Thu 23 Feb 2006, 17:34:28

$this->bbcode_second_pass_quote('julianj', 'T')hat article was from the middle of last year.

It seems to me that the bourse might be postponed, but also he mentions that a building has already been procured, software bought. I've always thought that the bourse would be a negotiating counter if they thought they were to be attacked.

Thanks for the source though LadyRuby: here's a newer interview with Asemipour
Oil Bourse, an Exercise for Globalization
from a few days ago - doesn't say anything more than we knew already.


THanks Julianj, doesn't give the impression that they're completely ready to go, does it?
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Re: White House approves US port purchases by UAE

Unread postby SinisterBlueCat » Thu 23 Feb 2006, 18:48:44

$this->bbcode_second_pass_quote('', 'W')hen asked in an interview on Fox News radio whether Bush would accept a postponement, White House senior advisor Karl Rove said: “Yes. Look, there are some hurdles, regulatory hurdles, that this still needs to go through on the British side as well that are going to be concluded next week.


http://www.msnbc.msn.com/id/11517474/

a slight backpedal?
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Re: White House approves US port purchases by UAE

Unread postby rogerhb » Thu 23 Feb 2006, 19:40:55

$this->bbcode_second_pass_quote('', 'T')he president said he was struck by the fact that people were not concerned about port security when a British company was running the port operation, but they felt differently about an Arab company at the helm. He said the United Arab Emirates was a valuable partner in the war in terror.


Is it any surprise the US citizens are confused about who the enemy is? Is it terrororism? Is it Islam? Is it Mad-Mullahs? Is it Arabs? Is it al-Qaida?

I understand also that Osama BL has been a valuable partner as well.
"Complex problems have simple, easy to understand, wrong answers." - Henry Louis Mencken
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Re: White House approves US port purchases by UAE

Unread postby ChicknLittle » Thu 23 Feb 2006, 19:50:31

I am suprised by the unity shown by republicans and some conservative news shows in attacking the port sale... eg. Lou Dobbs was persistant in pointing out how this sale is "just another example" of putting commercial interests ahead of security... Could this be the issue where congress begins to stand up the the administration's power grab? I think globalization is one issue where bush is vulnerable (especially if he defends it with so little tact) as anti-globalization and nationalism might appeal to the same crowd.... If this is the wedge issue needed to get the investigations rolling, great. On the downside this is Bush being attacked from the "right" with a tone that might only lead to more nationalism and isolationism : (
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Re: Port deal theory: petrodollars increasingly unwelcome?

Unread postby Novus » Thu 23 Feb 2006, 19:50:32

$this->bbcode_second_pass_quote('Shadizar', 'I') was thinking this too.

The consequences of not agreeing to the deal being that the dollar's value drops. After all they couldn't buy a "real" asset with it could they....

-Shadizar


I for one hope they continue buying overpriced realestate. It worked with the Japanese in the late 1980s. Just keep that housing bubble going a little longer.
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Re: Dubai oil bourse, Iran oil bourse, and Port deal

Unread postby Carlhole » Thu 23 Feb 2006, 19:58:59

Brand new book by a a Conservative economist could answer alot of your questions, LadyRuby:

Image

Amazon.com

$this->bbcode_second_pass_quote('Booklist', 'B')artlett, an economist and former Reagan administration official, attacks the Bush administration hard but from the political Right. Challenging Bush's conservative principles of operation and credentials, Bartlett actually gives former president Clinton more credit for following conservative economic principles. In contrast, the Bush administration has been marked by shortsightedness, if not anti--intellectualism, too willing to reward friends without regard to competency and to punish as enemies those who deviate from the party line. Bush's shortcomings include his drug bill, trade policies, and expanded regulatory requirements. Interestingly, Bartlett concludes that Bush's relentless effort to cut taxes will leave an unenviable legacy for a conservative--the need for America's largest tax increase. Bartlett also takes the administration to task for corruption that violates the principles of difference the Republican Party declared during the campaign against Clinton. This is a worthy critique, one that the administration will not be able to dismiss as liberal propaganda.
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Re: Port deal theory: petrodollars increasingly unwelcome?

Unread postby duke3522 » Thu 23 Feb 2006, 20:13:18

Heil All,

I hear that if one should go to any major farm equipment auction one will find Chinese buying up equipment for shipment back to China.

Trading funny money for real assets sounds like a good idea to me. So I can’t blame them.

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Re: Dubai oil bourse, Iran oil bourse, and Port deal

Unread postby RdSnt » Thu 23 Feb 2006, 21:22:45

$this->bbcode_second_pass_quote('Carlhole', 'B')rand new book by a a Conservative economist could answer alot of your questions, LadyRuby:

Image

Amazon.com

$this->bbcode_second_pass_quote('Booklist', ' ')This is a worthy critique, one that the administration will not be able to dismiss as liberal propaganda.


Nah, they don't criticize Conservatives, they shoot them.
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Re: Dubai oil bourse, Iran oil bourse, and Port deal

Unread postby LadyRuby » Thu 23 Feb 2006, 22:18:26

$this->bbcode_second_pass_quote('Carlhole', 'B')rand new book by a a Conservative economist could answer alot of your questions, LadyRuby:

Image

Amazon.com

$this->bbcode_second_pass_quote('Booklist', 'B')artlett, an economist and former Reagan administration official, attacks the Bush administration hard but from the political Right. Challenging Bush's conservative principles of operation and credentials, Bartlett actually gives former president Clinton more credit for following conservative economic principles. In contrast, the Bush administration has been marked by shortsightedness, if not anti--intellectualism, too willing to reward friends without regard to competency and to punish as enemies those who deviate from the party line. Bush's shortcomings include his drug bill, trade policies, and expanded regulatory requirements. Interestingly, Bartlett concludes that Bush's relentless effort to cut taxes will leave an unenviable legacy for a conservative--the need for America's largest tax increase. Bartlett also takes the administration to task for corruption that violates the principles of difference the Republican Party declared during the campaign against Clinton. This is a worthy critique, one that the administration will not be able to dismiss as liberal propaganda.


Thanks Carlhole. I reserved it at my local library. (They already have a waiting list on it and it's not even published yet! Must be good.).
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Re: White House approves US port purchases by UAE

Unread postby MountainHiker » Fri 24 Feb 2006, 01:10:29

If you want to go the full paranoid route, Bush is making this deal as part of his master plan. He's planning on imposing martial law in 2008 so he remains prez. By allowing his oil buddies, who aren't American to run the ports, they can move their soldiers through those ports to then impose the crackdown on Americans. That is once he's eliminated most non-loyal military personnel with invasions of small middle eastern countries. Then all that remains are the living brain dead loyal Bush troops, his foreign buddies, and the mercs like Blackwater. The detention work camps would soon follow.

Yeah, I know it's a wild "tin foil hat" conspiracy, and I'm not saying I believe it, it's just a rambling thought for the board. Still, I wouldn't put anything past the current batch of human scum currently occupying the power centers of this country.
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Re: White House approves US port purchases by UAE

Unread postby shakespear1 » Fri 24 Feb 2006, 05:41:40

When you start to let people like these take over ports the next step may be rewritting the constitution to allow slavery.

Double standards !!! Money is good even if the hands are dirty. :-)

$this->bbcode_second_pass_code('', 'Slavery of baby boys in the United Arab Emirates
Posted by Sarah Ibarruri
Added to homepage Thu Feb 23rd 2006, 08:57 AM ET

The United Arab Emirates. These are the people Bush wants to give our ports to. Sick people. Not only are they closely associated with Al-Qaida, but get ready for this: they're involved in toddler slavery. Here is an article from a slavery watchdog group. Evidently the UAE is a place where little boys from kidnaps little boys, 2 to 5 yrs. old: and this is what they do to them:
Sheizad, a five-year-old from Bangladesh, wakes each day at 4 a.m. in the United Arab Emirates (UAE). He does not remember much about his village, or how he came to the UAE. He may have been lured by recruiters, sold to a middleman by his parents, or kidnapped. Sheizad is now a slave, forced, because of his size, to race camels to benefit his master. By 5 a.m., he is on the track, practicing, training, and racing the camels. He goes to sleep 18 hours later at 11 p.m. Sheizad stays with other young racers in tiny rooms. There are races twice a week for which Sheizad's master wins large monetary prizes. Sheizad has never been paid for his work, yet if his camel races poorly, he is beaten. In a few years, when he is too big to race camels, he will be discarded by his owner. With no money and far from his family, Sheizad's enslavement will end in destitution.

<snip>

There are three typical methods of enslavement: 1) kidnappers steal children away from their families; 2) families sell their sons for relatively high prices, thus attaining sufficient income for the entire family for years; or 3) recruiters lure boys away from their families, promising an education and other appealing life changes.

Once enslaved, the boys must train and ride and maintain the camels, as well as care for their living space. In each of the bi-weekly races, the boys are strapped down to the camels, causing them to scream louder - thus causing the camels to bolt towards the finish line faster. Boys often fall out of the straps and injure themselves; some even die. Violence, however, is not limited to the track. A poor performance, attempted escape, or resistance to racing can all result in additional physical abuse. These conditions lead to 60% of camel jockeys dying or becoming permanently crippled.

<snip>

http://www.iabolish.org/slavery_today/country_reports/a... ')
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Re: White House approves US port purchases by UAE

Unread postby shakespear1 » Fri 24 Feb 2006, 05:46:52

The UAE deal gets better and better.

Please notice how good are information is on the movement of people!!!! And it wasn't possible to keep track a bunch of Cessna flying terrorists?

$this->bbcode_second_pass_code('', 'US Called Off Air Strike on Osama Because UAE Royals Were Visiting Him
Posted by kpete
Added to homepage Wed Feb 22nd 2006, 03:17 PM ET

The US called off a strike against Osama Bin Laden because members of the UAE royal family were visiting him in Afghanistan.

UAE royals, bin Laden's saviours
March 25, 2004 12:04 IST

The Central Intelligence Agency did not target Al Qaeda chief Osama bin laden once as he had the royal family of the United Arab Emirates with him in Afghanistan, the agency's director, George Tenet, told the National Commission on Terrorist Attacks on the United States on Thursday.

Had the CIA targeted bin Laden, half the royal family would have been wiped out as well, he said.

The 10-member bipartisan commission is investigating the events leading up to the September 11, 2001 attacks in the US.

More...

http://in.rediff.com/news/2004/mar/25osama.htm ')
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