Friday, August 17, 2012

Don't You Kinda Wish You Were Brazen Enough to Spin Reality This Hard?

Here is Doug Feith's equally noxious offspring arguing that sanctions against Iran aren't having the desired effect:
Yes, the Iranian rial has lost half its value in 12 months. Oil exports are down by about half, too. And Tehran admits that inflation is above 20%, with unemployment above 13%. Yet this isn't an economy in freefall. The volume of oil exports is stabilizing, and the government has an estimated $60 billion to $100 billion in foreign currency reserves.
In case you were wondering what "Chutzpah" means, wonder no more.

1 comment:

cherry su said...

A powerful share, I simply given this onto a colleague who was doing just a little analysis on this. And he in reality bought me breakfast as a result of I found it for him. freshwater pearl. So let me reword that: Thank you for spending the time to discuss this, I feel strongly about it and love reading extra on this topic. If doable, as you grow to be expertise, would you thoughts updating your blog with extra particulars? It's extremely helpful for me. Huge thumb up for this blog publish!If you get a chance pop up by my page, maybe you would like drop pearl earrings.You can visit our black pearl pendant.