Sunday March 18, 2012

I've Been Thinking:

Iran's speaker of the parliament Ali Larijani called Israel a "barking dog" earlier today.

Larijani was explaining that "Israel would never dare attack Iran."

He said Israel is like a dog it barks and does not intend to bite. He then echoed a repeated theme that has been developing over the last week or two by Iranian leaders. He said that if Israel were to strike Iran, it, Israel, would be playing with its own destiny.

The war of rhetoric is increasing in pitch.

Iran is pushing the don't attack model suggesting that Iran's counter attack against Israel would be too devastating and too costly to warrant a first strike.

This all happens as Swift, the largest international transfer-er of funds from banks disconnected 25 of Iran's banks from its services as of Monday. This could be a huge blow to Iran's already problematic foreign currency money flow.

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