Article

2007-05-27 Syria-Lebanon-Iran

Tehran's interest-rate cuts 'economic suicide'

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Posted by Seafarious 2007-05-27 00:00|| || Front Page|| [11129 views ] Top

#1 Interest? How can you have interest in a ~~demon-worshiping~~ moslem culture?

Posted by Jackal">Jackal 2007-05-27 00:06|| http://home.earthlink.net/~sleepyjackal/index.html]">[http://home.earthlink.net/~sleepyjackal/index.html] 2007-05-27 00:06|| Front Page Top

#2 I tried to get the latest quote from the Tehran Stock Exchange

http://www.tse.ir/

however I couldn't get the site... bad sign for the exchange

Posted by mhw 2007-05-27 00:26|| 2007-05-27 00:26|| Front Page Top

#3 Sprinting for the big nuclear finish?

Posted by gorb 2007-05-27 02:28|| 2007-05-27 02:28|| Front Page Top

#4 Or circling the drain.

Posted by Barbara Skolaut">Barbara Skolaut 2007-05-27 05:06|| http://ariellestjohndesigns.com/]">[http://ariellestjohndesigns.com/] 2007-05-27 05:06|| Front Page Top

#5 Following the economic policies of his hero, former (and hopefully soon-to-be-late) president James Earl Carter

Posted by Bobby 2007-05-27 07:25|| 2007-05-27 07:25|| Front Page Top

#6 Interest? How can you have interest in a demon-worshiping moslem culture?

Good question. I also thought "interest" was contrary to muslim ~~principles~~ beliefs.

Posted by JohnQC 2007-05-27 11:13|| 2007-05-27 11:13|| Front Page Top

#7 Persian banking (nudge, nudge), not Arab banking.

Posted by Pappy 2007-05-27 13:21|| 2007-05-27 13:21|| Front Page Top

#8 "However, the president, elected in 2005 on a platform of distributing the country's riches more evenly, insists inflation is under control and the government is doing all it can to reduce poverty."

Poverty is the natural state of humankind. Creating wealth destroys it. Wealth is created when something is done more productively than before or when something brand new is created (creating wealth is NOT a zero-sum game). You need a human mind to do this, and the mind has to be free to think of these things. Therefore all wealth is a product of a free human mind.

Is it any wonder Iran has a poverty problem?

Mind you, I think this is a story from the Halliburton mess-with-their-minds (tm) division. It's certainly put them in a tizz, hasn't it? (heh!)

ps Governments are awful at reducing poverty (unless they keep right out of the way, in which case they're very good...)

Posted by Tony (UK) 2007-05-27 20:51|| 2007-05-27 20:51|| Front Page Top

#9 Interest at 12%, inflation at 17%. Sweet deal for borrowers. Bet my paycheck the mullahs took out loans on the entire money supply.

Posted by ed 2007-05-27 21:12|| 2007-05-27 21:12|| Front Page Top

23:59 RD
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