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2006-08-29 China-Japan-Koreas
Banks said severing ties with NKorea
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Posted by Steve 2006-08-29 11:45|| || Front Page|| [7 views since 2007-05-07]  Top

#1 The model for Iran?
Posted by trailing wife 2006-08-29 12:09||   2006-08-29 12:09|| Front Page Top

#2 Yup.
Posted by Nimble Spemble 2006-08-29 12:33||   2006-08-29 12:33|| Front Page Top

#3 Eh, North Korea's main export are three-dollar bills. It's actively hostile to the international market, in that its exports undermine the core currencies. There's no business to speak of, by banker standards, and some advantage in being seen to have helped combat a notorious source of funny money.

Iran, on the other hand, is sitting on a pool of liquid money. It's easy to make Uncle Sam happy when there's nothing in it for you otherwise - when there's legit money to be made, well. That's another story.
Posted by Mitch H.">Mitch H.  2006-08-29 12:54|| http://blogfonte.blogspot.com/]">[http://blogfonte.blogspot.com/]  2006-08-29 12:54|| Front Page Top

#4 The Iranians don't have bank examiners.
Posted by Nimble Spemble 2006-08-29 12:56||   2006-08-29 12:56|| Front Page Top

#5 Some analysts worry that the financial restrictions are only deepening the North's isolation.

Feature, not bug.
Posted by charger 2006-08-29 13:50||   2006-08-29 13:50|| Front Page Top

#6 so we should let em have limited counterfeiting ability? Jeebus. What assholes
Posted by Frank G">Frank G  2006-08-29 13:56||   2006-08-29 13:56|| Front Page Top

#7 I wish it were a model for Iran, but financially disconnecting with Iran would be a much bigger sacrifice than doing it with North Korea. Remember all the cheating on the Iraq embargo? It would be even worse in the case of Iran. We'd be undercut by all the big commercial nations.
Posted by Odysseus 2006-08-29 14:04||   2006-08-29 14:04|| Front Page Top

#8 Odysseus-

One possible solution to that would be that once we find out about the money going into Iran from (Fill In The Country) - and we will - simply send a note to that nation's leadership saying that as of NOW any and all US funds for trade, defense, cultural, or any other cause stop until the money to Iran gets cut off. For example, let's say German companies keep violating any banking embargo. Fine - let's send the German workers on US Military bases home and keep 'em there until it stops. Once they've had a week or three of an enforced vacation, the German government might be willing to lean on some people. Might not be the best example but it'll suffice.

Mike
Posted by Mike Kozlowski 2006-08-29 14:35||   2006-08-29 14:35|| Front Page Top

#9 Some analysts worry that the financial restrictions are only deepening the North's isolation. This, they argue, has allowed North Korea to push ahead with its weapons programs.

Again more hand wringing. These people are paralyzed! It's easy to second guess. What are you going to do? The problem won't wait forever. Life is made up of solutions, not problems.

North Korea accused the United States of tracing North Korean accounts in banks in at least 10 countries and called this "a gangster-like act."

Don't like that, eh? Good. Must mean we're onto something.
Posted by gorb 2006-08-29 14:41||   2006-08-29 14:41|| Front Page Top

#10 Only one question:

WHAT TOOK SO LONG?

The counterfeit "supernote" thingies have only been around SINCE 1990! North Korea has only been starving their people to death and into cannibalism since, like, FOREVAH!

The collective international banking community needs a gigantic boot up their ass for overlooking these "character flaws" in the North Korean regime.
Posted by Zenster 2006-08-29 14:55||   2006-08-29 14:55|| Front Page Top

#11 Maybe Kimmie wants to follow NOLA's example - on FOX NEWS in afternoon > "For every Milyuhn?/Bilyuhn? dollars the Federal govt. spends, 40,000 "high-paying local jobs" are created". YOU KNOW, THE REASON WHY NOLA/KATRINA-GATE IS ABOUT "HELPING PEOPLE", NOT SOCIALISM. DITTO FOR THE WOT. Being a good Politician, no word was mentioned on SSSSSSSSSSHHHHHHHHHHHHHH how TEMPORARY vs PERMANENT these alleged "high-paying local jobs" are.
Posted by JosephMendiola 2006-08-29 23:07||   2006-08-29 23:07|| Front Page Top

23:58 Zenster
23:55 Phil
23:55 Thoth
23:54 JosephMendiola
23:52 Zenster
23:49 Zenster
23:46 Thoth
23:46 Phil
23:46 JosephMendiola
23:46 anonymous2u
23:45 Phil
23:44 Thoth
23:43 JosephMendiola
23:42 RD
23:39 Thoth
23:38 Phil
23:34 ed
23:34 Thoth
23:30 Thoth
23:30 Zenster
23:29 john
23:29 ed
23:24 Zenster
23:18 ed









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