Dynamic Duo
November 20, 2007
The dynamic duo isn’t Batman and Robin. Today, the dynamic duo is Chavez and Ahmadinejad . The presidents of Venezuela and Iran boasted Monday that they will defeat U.S. imperialism together, saying the fall of the dollar is a prelude to the end of Washington’s global dominance. Hugo Chavez’s visit to Mahmoud Ahmadinejad in Tehran followed a failed weekend attempt by the firebrand duo to push the Organization of Petroleum Exporting States away from trading in the slumping greenback.
There’s no doubt that the US$ has been falling through the floor, but that’s not because of anything the dynamic duo is doing, it’s our own Fed doing. Their proposal at an OPEC summit was overruled by other cartel members led by Saudi Arabia, a strong U.S. ally. But the cartel agreed to have OPEC finance ministers discuss the idea, and the two allies’ move showed their potential for stirring up problems for the U.S.
The alliance between Chavez and Ahmadinejad has blossomed with several exchanged visits—Monday’s was Chavez’s fourth time in Tehran in two years—a string of technical agreements and a torrent of rhetoric presenting their two countries as an example of how smaller nations can stand up to the superpower.
“Here are two brother countries, united like a single fist,” Chavez said upon his arrival in Tehran, according to Venezuela’s state-run Bolivarian News Agency. “God willing, with the fall of the dollar, the deviant U.S. imperialism will fall as soon as possible, too,” Chavez said after a two-hour closed meeting with Ahmadinejad, the Iranian state news agency IRNA reported.
I don’t think God is anywhere in the deal! ![]()
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