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Ear to the Ground

Chavez and Ahmadinejad Huddle in Iran

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Posted on Nov 19, 2007
Ahmadinejad and Chavez
AP photo / Vahid Salemi

In tandem in Tehran:  Iran’s President Mahmoud Ahmadinejad (left) strolls with his Venezuelan counterpart, Hugo Chavez, during an official welcoming ceremony for Chavez on Monday.

Venezuelan President Hugo Chavez stopped off in Tehran to meet with Iranian President Mahmoud Ahmadinejad on Monday after the weekend’s OPEC summit in Saudi Arabia, marking Chavez’s fourth trip to Iran in two years.  During their tête-à-tête, the two least likely leaders to drop in for dinner at the White House discussed, among other things, the dollar’s recent and precipitous decline.


AP via Yahoo News:

During the gathering, the two firebrand leaders echoed one another, blaming President Bush’s policies for the decline of the dollar and its negative effect on other countries, and challenging Saudi Arabia’s reluctance to mention weak dollar concerns in the summit’s final declaration.

Ahmadinejad claimed OPEC’s member countries want to convert their cash reserves into a currency other than the depreciating U.S. dollar, which he called a “worthless piece of paper.”

Chavez said the dollar was in free-fall and that its “empire” must end, and proposed trading oil in a basket of currencies excluding the dollar.

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By cyrena, November 20, 2007 at 8:20 am Link to this comment

#114560 by thomas billis

....“My only hope is that someone will convince the chimp to start fixing the problem by talking.Or get ready for a draft and your kid fighting and dying for oil.”...

Thomas,

It’s way, way, way too late for this talking. He’s had more chances than they claim cats to have lives, and has not only blown each one, but actively made it worse. He’s spent 7 years making it worse.

How long does one think that they can poke and antagonize, and agitate, and insult, and demonize even the friendliest of the foes, and not expect them to strike back at some point?

Neither of these guys started out as ‘foes’ in the typical sense of the word. Both have even offered help.

It’s the same with Russia. They were no longer our ‘bitter enemies’ by the time the thugs came to power, but now he’s even annoyed Putin. China can snap our necks at any time.

They can’t begin to REPAIR the damage until they stop CREATING the damage, and of course that is still ongoing.

Time to dig in and save prepare for the worst. Not a recession, (which I know “sounds” better) because we’re already IN that. The reality is something closer to 1929, and bound to last far longer.

Eveybody can keep a bottle/can of their favorite beer for when george comes calling, if in fact he’s not hauling his ass out of here on the fastest anything to Argentina or Paraguay. Or, maybe he plans to live on one of those air craft carriers for the rest of his days, ducking and dodging all of the destruction he’s created.

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By QuyTran, November 19, 2007 at 6:34 pm Link to this comment

Bush/Cheney’s empire will be flushed down to toilet without pride due to their “blow job’ foreign policy!

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By thomas billis, November 19, 2007 at 6:09 pm Link to this comment
(Unregistered commenter)

The moron we have for a President better take all six words he knows and start talking to these people we supposedly hate.If they convince the other OPEC members to switch off the dollar we are in for hell.We are losing our influence in South America and the damage we have done in the middle east with this ill conceived war will take years to repair.My only hope is that someone will convince the chimp to start fixing the problem by talking.Or get ready for a draft and your kid fighting and dying for oil.

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By Jonathan, November 19, 2007 at 5:12 pm Link to this comment
(Unregistered commenter)

I think is best if we remove the quotation marks around the word EMPIRE. It is utterly clear that the US is an empire, I can’t see why should they put that in the word.

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By BobZ, November 19, 2007 at 4:37 pm Link to this comment

The CIA did us a lot of harm not only in Latin America but in Iran, thus it is no surprise that Chavez and Ahmadinejad would link arms and sing kumbyya. We are getting the blowback from being involved in the internal affairs of many countries in South America and Iran still hasn’t forgotten our involvement in the 1953 coup engineered by the CIA. Now they are attacking us where we are most vulnerable - our weak and growing weaker dollar. If OPEC goes Euro on us, there will have severe consequences for U.S. economic policy. It would almost surely throw us into a recession next year and we would be forced to increase interest rates not decrease them. That would compound problems for already strapped consumers. Republican’s could kiss next years election’s goodbye if it isn’t already too late for them. We have nobody to blame but ourselves by getting involved in unnecessary wars which have increased our deficit and made us dependent on foreign buyers of our bonds. There will be some unpleasant consequences in the next few years as it becomes even more apparent how reckless the Bush Administration was in putting our nation in economic peril.

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By Keith, November 19, 2007 at 3:14 pm Link to this comment
(Unregistered commenter)

I said long ago with this Bush administration that when you bully the neighborhood you will most likely get allies that you never would’ve thought before. Thank you BushCo for making China and Russia military buddies. Thank you for making the U.S. the most hated country on this planet. Your departure cannot come none too soon.

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