it is so reminiscent of the BCCI....but on steroids...
I don't know if you've seen this diary on Kos....it's worth a peek
http://www.dailykos.com/storyonly/2006/2/23/14935/2494..and then there's this....
Dubai and the Straits of Hormuz
By Mike Whitney
03/05/06 "ICH" -- -- “If you want to understand the policy of a country, look at the map.” Napoleon Bonaparte
Geography is fate.
United Arab Emirates is located at the center of an oil-dependent world. This tiny state forms the promontory that juts out into the famed Straits of Hormuz through which 40% of the world’s oil passes every day. Across the narrow straights sits Iran, the next victim on the list of “axis of evil” nations. Any attack on Iran will require that military forces quickly deploy to Dubai to forestall the closing of the straits and the subsequent devastation that would cost to world oil supplies and financial markets.
This is the critical point which is being intentionally concealed by America’s diversionary media. This is the reason that President Bush continues to force the Dubai port-plan even though 70% of the American people and Congress resoundingly oppose it.
The importance of UAE as a staging area for future hostilities cannot be overstated. No military strategy can hope to succeed without first establishing a beachhead across the straits in Iran so that the danger of blowing up oil tankers and blocking passage is removed. This tells us that plans for an attack may be on track for late March as originally threatened by Israel.
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