Financial “shock and awe” against Iran

The Moderate Voice is reports that Iran is heading for financial collapse:

An article (”Iran Feels Pinch As Major Banks Curtail Business“) in today’s Washington Post indicates that Iran is experiencing a credit collapse as more than 40 major international banks and financial institutions have either cut off or cut back business with the Iranian government or private sector as a result of a quiet campaign launched last September by the U.S.Treasury and State departments...

Financial “shock and awe” seems to be working a lot better than did the military version. The Bush Administration may be remembered for having peacefully prevented Iran from joining the nuclear weapons club.

This is why, as I stated yesterday, if Blair can calm his country long enough over the hostage crisis, these non-military solutions might bear fruit. It worked for Reagan.