Today’s Winners and Losers

No. Ticker % Change
1 MRNA 30.00
2 CEDC 26.18
3 DEXO 25.24
4 WHRT 21.74
5 INHX 19.12
6 URRE 18.60
7 NOAH 17.47
8 XING 15.80
9 YMI 15.32
10 DYN 15.29
11 ALIM 14.53
12 AP 12.09
13 WG 11.99
14 SILU 11.19
15 PSDV 10.74
16 CPHI 10.00
17 JRJC 8.84
18 CSIQ 8.44
19 SVNT 8.37
20 NCTY 8.09
21 MEMS 8.04
22 CPSL 7.89
23 JBLU 7.88
24 NYNY 7.74
25 SOFO 7.56
————————-

No. Ticker % Change
1 AMR -78.46
2 CHC -42.86
3 CFW -33.67
4 EEE -30.43
5 CTC -20.16
6 BIOF -18.97
7 ENER -17.05
8 LOGL.OB -16.52
9 FREE -16.10
10 GLW -12.86
11 SFL -12.81
12 KFS -12.74
13 AXK -12.65
14 RDN -12.55
15 RCON -12.09
16 MSHL -11.30
17 PGTI -10.85
18 HSOL -10.61
19 SUSS -10.33
20 ZOOM -10.23
21 AVNR -10.20
22 PEIX -10.08
23 QTWW -9.56
24 NANX -9.40
25 AHS -9.15

Comments »

From the makers of safety-system-less high speed rail cars and lead laden children’s toy products, I give you the latest health hazard to be mass produced from the Asian world. Safety will, of course, be a top priority.

Read here:

BEIJING (AP) — The world should get ready for a new Made in China product — vaccines.

China’s vaccine makers are gearing up over the next few years to push exports in a move that should lower costs of lifesaving immunizations for the world’s poor and provide major new competition for the big Western pharmaceutical companies.

However, it may take some time before some parts of the world are ready to embrace Chinese products when safety is as sensitive an issue as it is with vaccines — especially given the food, drug and other scandals the country has seen.

Still, China’s entry into this market will be a “game changer,” said Nina Schwalbe, head of policy at the GAVI Alliance, which buys vaccines for 50 million children a year worldwide.

“We are really enthusiastic about the potential entry of Chinese vaccine manufacturers,” she said.

Comments »

LONDON (AP) — The British government blamed the euro crisis for a big downgrade of the country’s growth projections and warned that it will only achieve its deficit-reduction goals if European leaders deliver a big, bold solution soon.

Britain’s Treasury chief George Osborne said Tuesday that Europe’s third-largest economy was being buffeted by the slowdown in the eurozone. Though Britain retains the pound, having opted out of joining the euro, around 50 percent of the country’s exports go to the 17-nation eurozone.

“If the rest of Europe heads into recession, it may prove hard to avoid one here in the U.K.,” Osborne told the House of Commons.

A number of economic indicators have shown that the eurozone is heading for recession in the wake of a crippling debt crisis that’s shown alarming signs of spreading from the relatively small economies of Greece and Ireland to much-bigger Italy and Spain.

Given the sharp deterioration in the eurozone, Osborne said the government was “undertaking extensive contingency planning to deal with all potential outcomes of the euro crisis.”

Osborne told lawmakers that the independent Office for Budget Responsibility now expects Britain’s GDP to grow by 0.9 percent this year, around half the 1.7 percent rate predicted in March. For next year, the OBR predicts growth of 0.7 percent, sharply down from the 2.5 percent prediction in March.

Its forecasts are in line with the Bank of England though slightly better than Monday’s projection by the Organization for Economic Cooperation and Development that showed Britain already slipping into a mild recession.

Comments »

Read here:

Most investors for the next several years will be lucky to get a 5 percent return in their portfolios thanks to the growth-constricting debt problems in the U.S. and Europe, Pimco’s Bill Gross said.

Europe’s “dysfunctional family” of disparate nations will make a long-term debt solution elusive and cause the crisis to spread to other countries, said Gross, who as co-CEO at Pimco helps run the world’s largest bond fund.

In his monthly commentary, Gross paints a grim picture of Europe’s future and advises investors to avoid the region and focus on other parts of the world such as Brazil and Asia.

“Investors should recognize that Euroland’s problems are global and secular in nature, reflecting worldwide delevering and growth dynamics that began in 2008,” he wrote. “It will be years before Euroland, the United States, Japan and developed nations in total can constructively escape from their straightjacket of high debt and low growth.”

Until then, he said, investors should get used to low rates, slow growth and weak returns from their portfolios.

Comments »

LONDON (Reuters) – BSkyB (LSE:BSY.L) independent shareholders dealt James Murdoch a heavy blow on Tuesday with over 40 percent failing to back his re-election as chairman, venting their anger at his handling of a phone hacking scandal.

Several major shareholders told Reuters ahead of the key annual meeting that they would vote against the 38-year-old because they also want a truly independent chairman rather than an executive of Rupert Murdoch’s News Corp (NasdaqGS:NWSA), which owns 39 percent of BSkyB.

While James Murdoch was supported by some shareholders in the room and given strong support by the board, the result marks his second investor drubbing in just over a month after he endured a huge protest vote at News Corp in October.

News Corp had to withdraw its $12 billion offer for BSkyB in July following revelations that people working for a News Corp weekend tabloid, the News of the World, had hacked into the phones of celebrities and murder victims to secure stories.

Results from Tuesday’s vote showed investors representing 75 percent of shares backed James Murdoch but excluding the stake held by his father’s company, support stood at 56 percent with 31 percent opposed to his appointment and 13 percent of votes withheld.

“He has been given a bloody nose by shareholders in this vote and there may well be further developments,” Tom Powdrill, a spokesman for the shareholder advisory group PIRC, said. “He has clearly lost the support of a large number of the company’s owners.”

Comments »

SAN FRANCISCO (Reuters) – Janet Yellen, the Federal Reserve’s influential vice chair, said on Tuesday the U.S. central bank has room to ease monetary policy further to support a tenuous economic recovery.

Yellen said turmoil in financial markets stemming from both Europe’s banking crisis and general uncertainty about the outlook had increased the risks to the global economy, and that the Fed could offer additional support to U.S. growth.

“The scope remains to provide additional accommodation through enhanced guidance on the path of the federal funds rate or through additional purchases of long-term financial assets,” Yellen said in remarks prepared for delivery to a conference sponsored by the San Francisco Federal Reserve Bank.

Yellen also called for policies to spur a faster recovery in the battered U.S. housing market, although she did not provide any specific recommendations.

The Fed in September decided to dip its toes back into the housing market by reinvesting proceeds of maturing mortgage and housing agency debt from its portfolio back into the mortgage-backed securities market.

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• SONS (2.55 +8.51%),
• RIMM (17.79 +7.95%),
• CALX (7.93 +5.87%),
• OCZ (6.31 +5.7%),
• TDS (25.57 +5.62%),
• JBLU (4.02 +9.24%),
• LCC (4.65 +8.9%),
• UAL (17.93 +8.14%),
• DAL (7.8 +4.91%),
• CX (4.37 +6.07%),
• INHX (13.5 +18.42%),
• IDIX (7.47 +5.21%),
• PPC (5.8 +7.4%),
• HDY (3.61 +11.42%),
• KWK (7.67 +6.53%),
• NXY (15.71 +6.36%),
• NGD (10.57 +6.12%),
• GOLD (102.96 +5.64%),
• BBEP (17.68 +5.49%)

Comments »

“Focus Media maintains both an LCD display network and a poster frame network, among its several lines of business. The co’s LCD display network refers to its network of display devices placed in high-traffic areas of commercial and public buildings under the brand name Focus Media. As of September 30, 2011, the 178,382 display devices in the LCD display network included: 116,026 LCD screens, 32,478 LCD 2.0 digital picture screens and 29,878 LCD 1.0 picture frame devices. Both the LCD screens and LCD 2.0 digital picture screens have the technical capacity to show video images as well as dynamic and static images, whereas the 1.0 picture frame devices that are part of the LCD display network only display traditional fixed images. The Company’s poster frame network, which is distinct from its LCD display network, consists of traditional and digital advertising poster frames placed mainly in the elevators and public areas of residential complexes which it markets under the brand name Framedia. The LCD 2.0 digital picture screens included in the co’s LCD display network device count are distinctly different from the digital and traditional frames included in the Company’s poster frame network device count. The LCD 1.0 picture frame devices are included in the Company’s LCD display network device count because, when the Company developed its LCD display network in Tianjin, Kunming and Shijiazhuang, it encountered difficulties in installing LCD screens or LCD 2.0 digital screens due to a lack of adequate power sources or other technical limitations, and therefore opted to use some traditional picture frame devices in these areas. The numbers of displays disclosed by the Company in the past have been completely accurate, but did not provide this granular breakdown.”

Comments »

NYSE

New Highs 29 

COMPANY                       SYMBOL      HIGH                VOLUME
-------                       ------      ----                ------
Ala Pwr 5.83% O pfd.          ALPpO       26.75                1,000
AllianceBrnstn NtlMun         AFB         14.43               19,439
Amer Muni Income Ptf          XAA         14.32                2,770
BlackRock CA Municipal Tr     BFZ         14.35               12,950
BlkRk Muni Inter Dur          MUI         15.04               31,099
BlackRock Mun                 BAF         15.25               27,514
BlackRock Utility & Infr      BUI         20.08               12,940
Cedar Fair LP                 FUN         23.40              395,858
EI DuPont $4.50 Cum. pfd.     DDpB        107.50                 200
Entergy Louis 1 Mtg Bd        ELA         27.43                7,990
Gabelli Equity Tr Ser D       GABpD       26.63                1,500
Global Cash Access            GCA         4.37               161,080
Invesco MIO III               OIC         7.78                 5,397
Kodiak Oil & Gas              KOG         8.69             5,535,376
Manning & Napier              MN          12.70              486,010
Niagara Mhwk Pwr 3.6% pfd     NMKpB       91.50                5,972
99 Cents Only Stores          NDN         21.87              285,164
Nuveen Enhncd Mun Val Fd      NEV         14.24               42,674
Nuveen Insured Div            NVGpC       10.25                5,620
Nuveen Invest Qual Muni       NQM         15.07               16,282
Oneok Inc                     OKE         80.72              222,813
PECO Energy 3.8 pfd.          PEpA        87.50                  802
Philip Morris Intl            PM          75.00            3,310,019
Reynolds American             RAI         41.03            1,032,544
Royce Focus Tr 6% Cum pfd     RFOpA       26.41                  100
Targa Resources Partners      NGLS        37.12               43,686
Universal American            UAM         12.87               45,274
WellCare Health Plans         WCG         57.28              147,862
Western Gas Partners LP       WES         37.65               52,488 

New Lows 36 

COMPANY                       SYMBOL      LOW                 VOLUME
-------                       ------      ----                ------
AMR 7.875% PINES 2039         AAR         2.37               783,698
AMR                           AMR         0.20            97,835,590
Assured Guaranty Ltd          AGO         9.22             1,083,586
Bank Of America               BAC         5.10           139,240,347
CPI Corp                      CPY         5.31                74,062
Cellcom Israel                CEL         16.62              143,189
China Hydroel ADS             CHC         0.67             1,205,783
China Zenix Auto Intl ADS     ZX          3.82                 8,763
Chiquita Brands               CQB         7.53               267,359
CocaCola ADS                  CCH         14.76               15,964
DHT Holdings                  DHT         0.90               107,540
DesarrHomex                   HXM         11.01              132,860
Dice Hldg                     DHX         7.23               111,622
Digital Domain Media Grp      DDMG        5.38                38,580
DigitalGlobe                  DGI         14.45               82,708
Feihe International           ADY         3.91                 8,768
GM  Pfd Series B              GMpB        33.10               32,513
Glbl Ship Lease               GSL         1.66                75,750
Kellogg Co                    K           48.10            1,119,675
LinkedIn Cl A                 LNKD        55.98            1,986,397
M/I Homes Dep. Ser A          MHOpA       10.66                1,200
MarriottVacations             VAC         16.24              954,373
Parkway Properties            PKY         9.59                25,301
PPLUS 7.00% TRUCss SPR-1      PYG         18.05                6,400
Renren A ADS                  RENN        3.38             3,072,787
Ship Fin Intl                 SFL         9.20             1,191,119
Spansion Cl A                 CODE        8.49                63,353
Stage Stores Inc              SSI         11.58              101,926
Sun Life Fincl                SLF         17.68              423,253
TERNIUM SA                    TX          15.31            1,486,398
Thomson                       TRI         25.67              538,976
Time Warner Cbl               TWC         57.15            1,588,290
Transocean                    RIG         42.31            9,893,510
Tsakos Energy                 TNP         4.86                51,663
Valley Natl Bncp Wt 2018      VLY/WS      1.20                 5,868
Whirlpool Corp                WHR         45.88            1,194,550

NASDAQ

 

New Highs 16 

COMPANY                       SYMBOL      HIGH                VOLUME 
-------                       ------      ----                ------ 
Access National               ANCX        8.95                 4,653 
Altisource Ptfl Sol SA        ASPS        47.33               47,867 
American Dental Ptnrs         ADPI        18.85               63,023 
Atrion                        ATRI        235.98               1,526 
Calavo Growers                CVGW        26.07               17,108 
Fifth St Finance              FSC         9.45               296,517 
Halozyme Therapeutics         HALO        9.06               435,044 
Hi Tech Pharmacal Co          HITK        41.20              126,371 
Inhibitex                     INHX        13.94            6,024,746 
Liberty Media Corp. Cap       LMCA        104.34             763,723 
Magal Security Systems        MAGS        3.88               493,524 
Natural Alternatives Intl     NAII        8.88                 7,060 
Panera Bread Co               PNRA        142.00             290,764 
Papa John's Intl              PZZA        38.18               88,487 
Pharmacyclics                 PCYC        14.13              359,851 
Spectrum Pharmaceuticals      SPPI        13.64              362,629 

New Lows 67 

COMPANY                       SYMBOL      LOW                 VOLUME 
-------                       ------      ----                ------ 
Affirmative Insurance         AFFM        0.90                 7,683 
American Woodmark             AMWD        11.07                9,305 
Angie's List                  ANGI        12.00              718,937 
Avatar Hldgs                  AVTR        6.07                14,470 
Bon-Ton Stores                BONT        2.29               116,346 
Broadcom                      BRCM        29.81            2,838,477 
Career Education              CECO        6.84               565,801 
China Precision Steel         CPSL        0.36                82,287 
China Sunergy Co              CSUN        0.74                87,514 
Chyron                        CHYR        1.25                 6,998 
Commun Sys                    JCS         12.50                6,326 
Complete Genomics             GNOM        3.67                81,064 
Computer Programs & Sys       CPSI        42.15               86,409 
DARA Biosciences Inc          DARA        0.88               152,871 
Digital Generation            DGIT        11.56              129,139 
Discovery Laboratories        DSCO        1.57                45,830 
Durect                        DRRX        1.20                78,156 
Dynamics Research             DRCO        7.75                 8,784 
Dynasil of America            DYSL        1.72                19,770 
Echo Therapeutics             ECTE        2.05                51,678 
First Security Group          FSGI        1.42                 2,100 
Francesca's Holdings          FRAN        17.19               93,442 
FreeSeas                      FREE        0.56                11,583 
G Willi Food Intl Ltd         WILC        4.56                73,640 
GeoEye                        GEOY        18.50              124,735 
Glbl X Social Media Index     SOCL        12.75                2,560 
Globus Maritime               GLBS        3.41                 8,742 
Grupo Galicia                 GGAL        6.61               294,344 
Healthways                    HWAY        5.59                64,848 
HomeAway                      AWAY        25.11              126,131 
Hovnanian Enterprises  A      HOVNP       1.17                40,500 
iGo                           IGOI        0.65                22,637 
Innovative Sols & Support     ISSC        3.98                 5,000 
Intermolecular                IMI         8.12               156,634 
Isle of Capri Casinos         ISLE        4.38                16,016 
Jacksonville Bancorp FL       JAXB        3.50                 5,000 
Lincoln Educational Svcs      LINC        6.90                20,611 
M B T Fincl                   MBTF        0.96                10,000 
Mercer Intl                   MERC        5.30                86,616 
Netflix                       NFLX        65.65            4,191,538 
Oclaro Inc                    OCLR        2.80               207,065 
OpenTable Inc.                OPEN        31.54              474,225 
Opexa Therapeutics wt         OPXAW       0.28                 5,100 
Pinnacle Airlines             PNCL        2.08                31,100 
Power-One                     PWER        3.93             2,059,119 
Pure Bioscience               PURE        0.46                71,618 
Quantum Fuel Sys Techs        QTWW        1.02               313,749 
Reeds                         REED        1.31                15,070 
Response Genetics             RGDX        0.87                31,570 
Shutterfly                    SFLY        31.06              184,311 
Skyworks Solutions            SWKS        14.08            2,925,773 
State Investors Bancorp       SIBC        10.10                5,200 
support.com Inc               SPRT        1.75                43,372 
TBS Intl  Cl A                TBSI        0.31                29,346 
THT Heat Transfer Tech        THTI        0.87                 1,300 
TeleComm Systems  (Cl A)      TSYS        2.53                54,757 
Thermogenesis                 KOOL        0.88                13,202 
Tii Network Tech              TIII        1.26               120,203 
Vertex Pharm                  VRTX        26.75            1,336,392 
Vertro Inc                    VTRO        1.28                14,700 
VisionChina Media Inc         VISN        1.10               110,224 
Vitesse Semiconductor         VTSS        2.08                30,639 
Waterstone Fincl              WSBF        2.16                 1,500 
Wayne Savings Bncshrs         WAYN        7.75                   700 
Zillow Cl A                   Z           22.28               50,209 
Zogenix                       ZGNX        1.55                83,512 
Zoom Technologies             ZOOM        0.77               119,102

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NYSE 

 

NASDAQ

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[youtube://http://www.youtube.com/watch?v=jwcZERZ6cUw 450 300]

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Get your bank run hats on.

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Full report

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Heat map

A/D Line

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-CALLS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
NGD        1/21/12          10.0000        4213            1.2300      up 0.3800 
USB        1/21/12          27.0000        3090            0.4100      dn 0.0200 
BAC        12/17/11          6.0000        1057            0.1100      dn 0.0100 
WMT        12/17/11         57.5000        1011            0.8500      up 0.1900 
MRK        4/21/12          38.0000         762            0.5000      up 0.0000 
BAC        1/21/12           6.0000         757            0.2800      dn 0.0200 
WLT        1/21/12         100.0000         719            1.3000      up 0.2000 
DELL       2/18/12          17.0000         654            0.3400      dn 0.0200 
BAC        12/17/11          5.0000         647            0.4400      dn 0.0600 
RIMM       12/2/11          18.0000         643            0.3000      up 0.2200 

 -PUTS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
FMCN       12/17/11         15.0000        2067            1.2500      up 0.0000 
FMCN       1/21/12          14.0000        1201            1.6500      dn 0.3000 
SCSS       12/17/11         20.0000        1164            2.2000      up 0.0000 
ALU        1/21/12           1.5000         838            0.2000      up 0.0500 
FIO        12/17/11         30.0000         747            1.7000      dn 0.0500 
SDRL       12/17/11         31.0000         600            0.9000      up 0.0000 
QID        1/21/12          45.0000         572            2.5200      up 0.0000 
XOM        1/21/12          70.0000         560            1.3800      up 0.0000 
CQB        1/21/12           7.5000         510            0.5000      up 0.0500 
PWRD       1/21/12           9.0000         500            0.6500      up 0.0000 

 -VOLUME- 
 CALLS      PUTS           TOTAL 
170364    180681        351045

-CALLS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
BAC        12/17/11          6.0000         718            0.1000      dn 0.0200 
BAC        12/2/11           5.0000         165            0.2500      dn 0.0600 
BAC        1/21/12           6.0000         130            0.2700      dn 0.0200 
AET        1/21/12          42.0000         122            0.9400      up 0.1700 
GE         9/22/12          20.0000         112            0.2700      dn 0.0300 
GRPN       12/17/11         16.0000         111            1.2500      up 0.2500 
BAC        12/17/11          5.0000         104            0.4300      dn 0.0600 
TZA        12/17/11         36.0000         100            2.9800      dn 0.2700 
ANR        1/21/12          20.0000          83            2.7100      up 0.0300 
C          12/17/11         32.0000          81            0.1400      up 0.0300 

 -PUTS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
LNKD       1/21/12          60.0000         216            8.2000      up 1.2000 
BAC        12/2/11           5.0000         209            0.1100      dn 0.0100 
BAC        12/17/11          5.0000         205            0.3000      up 0.0200 
XOM        1/21/12          70.0000         115            1.3900      dn 0.0400 
VALE       12/17/11         24.0000         100            2.0100      up 0.2800 
JPM        12/2/11          26.0000         100            0.0600      dn 0.0200 
AMZN       12/2/11         190.0000         100            2.3900      dn 0.2600 
TZA        12/17/11         28.0000          90            0.7500      dn 0.0200 
VALE       12/17/11         23.0000          84            1.2700      up 0.1500 
UAL        12/17/11         15.0000          65            0.1700      dn 0.1200 

 -VOLUME- 
 CALLS      PUTS           TOTAL 
9359    15722        25081

Comments »

I’d like to make something very much clear; I think psychiatry is a bullshit field with zero findings that constitute a contribution to the “knowledge” of mankind. They run about, pretending they understand people, spouting off undless streams of psycho-babble, and at the end of the day accomplish little. Their books stand on shelves until they get discredited, decirculated, and burned.

The end.

This piece only confirms my theory, as now thanks to some idiot psychiatrists in Norway, the gunman that blew up one of their government buildings, then went to work slaughtering their children, has been found insane and therefore unfit to stand trial.

OSLO – A psychiatric report on Anders Behring Breivik found that the confessed gunman is insane and therefore not fit to stand trial over twin attacks that killed 77 people, Norway’s VG newspaper said Tuesday.

The VG report was published shortly before Norwegian prosecutors’ scheduled news conference to discuss the contents of the psychiatric evaluation.

The 240-page report, compiled by two psychiatrists, was delivered to the prosecutor’s office earlier Tuesday.

“We have no doubt when it comes to our conclusions,” one of the experts, Torgeir Husby, told reporters when the document was delivered.

Understand something; this man was not insane. What he is is extreme; he sought to preserve Norway culture and heritage, to push for a more conservative government, to cripple the labor party of Norway. Some of those causes like the opposition to labor movements I can even support which makes this a weird position to be in, but rather than go about the correct venues to affect that change, this guy grabbed some rifles and started murdering kids. He is very much sane and knew exactly what he was doing.

It was pre-meditated murder, and now it looks like Norway does not even have the ballsack to stand up and call him out on it.

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+1.77% to $14.29.

Related: WTI-Brent crude spread stand at $11.54.

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Full article

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“Many people have the misconception that sanctions are an effective means to encourage a change of behavior in another country without war.  However, imposing sanctions and blockades are not only an act of war according to international law, they are most often the first step toward a real war starting with a bombing campaign.  Sanctions were the first step in our wars against Iraq and Libya, and now more sanctions planned against Syria and Iran are leading down the same destructive path.

According to the International Atomic Energy Agency’s (IAEA) latest report, just out this month, there is no evidence that Iran has diverted enriched uranium from the peaceful and lawful generation of power toward building a nuclear weapon. According to the Nuclear Non-Proliferation Treaty, Iran has every right to develop nuclear energy for peaceful purposes.  Unfortunately, US foreign policy has boxed Iran into a corner where they may view development of a nuclear weapon as the only way to maintain sovereignty. They are surrounded by unfriendly nuclear powers and history has shown that having a nuclear weapon is the best way to avoid being bombed or invaded. The unintended consequences of our confrontational policies toward Iran may be to actually encourage them to seek nuclear weapons capabilities. We should be using diplomacy rather than threats and hostility.”

The Folly of Sanctions

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Despite the article being form the summer it is;

Something to consider

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