attacking its neighbors but i repeat any attack would be disaster iranian iran could shut the straits of hormuz strangle the world's oil supplies there will be unrest in iraq where there's a huge shia community it will be unrest in lebanon of a west in the gaza strip the world is a very dangerous place and we should also remember sanctions were used in iraq over ten years with devastating consequences for that country's economy and for the social conditions inside that country to weaken it in preparation finally for the two thousand and three invasion sanctions against iraq in one thousand nine hundred ninety s. where essentially a softening up operation in preparation for out of asian and the continuation of sanctions against iran is quite possible another way of ratcheting up the pressure in preparation don't align for military intervention or to grieve over change or i crisper thought spittal analysts as you are joining us on the line thank you. well let's speak story one of what you think about it how close do you think we are now to a military strike against a rat you think it's got to hap

attack in alliance with america would potentially want to disaster the iranians could shut the straits of hormuz and strangle the world's all supply is the crucial question i care so after this leak report of the details are we closer tonight to set the tack that every is worrying about. why there was a likelihood is they will continue to use sanctions for the moment valid for israel israel is a wild card when you can clearly gather from the exchange to nicolas sarkozy of france or barack obama they do have a very high opinion of this and yahoo in a new not in control of an israel is created capable of creating the attack is a war on track record of attacking its neighbors but i repeat any attack would be disaster of iranian iran could shut the straits of hormuz strangle the world's oil supplies there will be unrest in iraq with there's a huge shia community will be unrest in lebanon to realize they know the gaza strip the world is a very dangerous place and we should also remember sanctions were used in iraq over ten years with devastating consequences for that country's economy and for the soc

the top of the key will do destructing all flows from the strait of hormuz and we don't know what the reaction of other countries would be you know if we were to see that this is another hoax another hoax excuse by the americans to go to another war then support for the united states will dry up i mean i mean it's already drying up and the spin masters in washington or pushing it i mean who is going to believe this what him what has washington said in the last ten or twelve years that was true. well i think a lot of people were they that have a valid point to an extent but what i want to talk about china there are some who are sorry that the u.s. wants to isolate iran to put a damper on its economic relations with china and also on the other side of this will not forget china relies pretty heavily on iran it's the country's third largest oil supplier so what do you think is the role of china in all of us. well learned as you know back before the story of the attack in libya that what the united states is doing to china is what they did to japan in twenty's and thirty's they want to be

world of oil space they say who's got the oil who needs the oil where the chokepoints of the straits of hormuz houser chip to cetera well think of the world in gold space and ask yourself who has the gold who needs the gold and where's it come from as a very revealing picture of the gold superpowers in the world are actually the united states and europe they may have they may be trying to charge the paper currencies but the us is a thousand times the euro system as a whole all sixteen members have ten thousand tonnes so that's what the pushing shoving is about but there's one big problem which is that gold that we just talked about is not in europe it's in the. ork it's about you know half a mile from where i'm sitting i'm doing the interview for new york and it's in the basement of the federal reserve bank of new york and good luck to the europeans trying to get it back i mean the problem with all this gold pledging is the gold actually in new york and the u.s. is in a position to confiscate it when the time comes right jim i wanted to spend some time now on in the book currency wars this is

term but here's what he said and the event of combat against iran and initiated by anyone the straits of hormuz would instantly become a no go zone oil shipments would surely be delayed tanker insurance rates would soar oil prices would move in fifty dollar leaps from one hundred to one fifty to two hundred and likely two hundred fifty dollars per barrel now in the event of war it's obviously far worse he said people in economies across the entire world would be impoverished by high oil prices visible energy scarcity to commerce with governments would crack down basically it sounds like a total nightmare scenario so we just wanted to fill you in on that briefly today and still ahead right here on capitol hill go away because obama has executively order the government to cut spending starting with swag but what about some of his purpose i have a reality check ahead but first the closing stock numbers. into a little more military mechanisms that do not work to bring justice or accountability. i have every right to know what my government truly you want to know why i pay taxes. but i would charact

problem is the 23 pages if you want to know everything about the story, read the 23 pages in the strait of hormuze." this guy was having sex with 10, 11, 12-year-old boys on school property in school buildings in the showers of the football locker rooms. this school is on the hook here. b. why have we not heard more about the judge that was connected and may have profited from second mile that reduced his bail by half. >> andrea: he deuceed his bail by half. the charity raised money. for her judge race. she didn't recuse herself. now they have brought in a judge from a different county. but she has a duty to avoid the appearance of inpropriety. why would she stay on the bench for the case. it makes no sense. pennsylvanian, and i look at the state and i'm so disappointed. are there any good men or women left? it touches everybody in the state. >> dana: it's so deeply corrupt. i think one of the concerns i have is that it is so horrible and for somebody who has a strong stomach and can get through the 23-page grand jury report -- >> eric: read it 12 times. it is brutal to read. >> dana: i'm thinkin

pose a significant threat to the vital shipping lanes of the persian gulf and the strategic strait of hormuz. an iran armed with nuclear weapons with our -- long-range missiles would pose a serious threat to nations outside the area including our nato allies in europe. it would pose an unprecedented challenge for the nuclear prolific -- non-caloric ration treaty. -- nonproliferation treaty. it would likely lead to additional proliferation. for all these reasons, present obama is unequivocal with his policy. " there should be no doubt that the united states and international community are determined to prevent iran from acquiring nuclear weapons." shortly after taking office, we presented to run with a genuine opportunity for dialogue. the united states directly presented to run with a clear choice -- fulfill your international obligations which would allow you to deepen your political integration with the world, achieve greater security for iran as people, and allow iran to return to its rightful place in the community of nations or iraq and continue down this path and face greater isolation

it would be expected that iran's reaction would be to try to shut down the strait of hormuz. ow the u.s. navy has two aircraft carriers and 30 warships directly in the region. that's a bit of a plus up. usually they manage to keep one carrier there. everybody's saying don't read too much into it. but it's just pretty interesting to note. john? >> i guess interesting, nice, i'm not sure what the right word is, to have resources in the region. barbara starr, thank you. let's continue this conversation about the diplomatic stake, the military stakes and the politics with republican strategist nancy if autenaur and the former state department spokesman, p.j. crowley. p.j., i want to start with you because of your experience in government. if the administration, white house, pentagon are concerned this would happen and the report comes out on tuesday, take us behind the curtain. what is secretary of state, the national security adviser doing now to convince the israelis calm down? >> well, of course, there's been some conjecture around the israelis about whether this is in fact a f

that the stakes aren't simply the immediate day-after consequences of what might happen in the straits of hormuz or elsewhere many the region but over to the long term, what it means for american security to have the world's leading sponsor of terrorism armed with nuclear weapons. >> karim? >> fareed, there is no doubt but we have to differentiate between regimes that are homicidal and regimes which are suicidal. the iranian regime brutally suppresses its own population. it has homicidal tendencies at home. but it's a regime which ultimately wants to stay in power. that's what's paramount for them. they're not suicidal. and, you know, i think, to coin a phrase, fareed, this u.s. foreign policy challenge that it faces with iran is really a post american foreign policy challenge in that we're not going to resolve this issue absent wide -- kind of a robust international coalition. and i think the obama administration, when it comes to options for coercion, basically has two options before it. the first is to pursue very strong sanctions or very strong action with a very weak coalition or to pursue

. >> gregg: iran is a major oil exporter, it could retaliation by closing the strait of hormuz where all traded oil passes. would that wreak economic chaos throughout the world? >> i don't think the iranians frankly over time close the strait, but look at the absence of libyan production. 1.3 million barrels of a day, given the fragility of the recovery and sensitivity of markets, forget greece and potential problems to other possible defaults in western europe and fragility american recovery and attack on iran is going to rattle these markets and keep the international community on the edge of its seat for quite a while. >> gregg: the threat of nuclear retaliation proved to be very effective deterrent for the soviets during the korld cold war. of course, they were rationale. i'm not saying to said of the that ran. mullahs are religious fanatics, in islam there is an end of time scenario and they think it's already begun so mutually assured destruction is not a deterrent. it would fail to contain a nuclear capable iran? >> it's a critically important question. 60 years with the forme

pose a significant threat to the vital shipping lanes of the persian gulf and the strategic strait of hormuzith nuclear weapons with long-range missiles to deliver them what also pose a serious threat to nations outside the region, including our nato allies in europe. it would also pose an unprecedented challenge to the nuclear non-proliferation treaty. this would raise fundamental questions about the ability of the international community to stop the spread of the world's most deadly weapons and likely lead to a spiral of additional proliferation. for all these reasons, president obama said, there should be no doubt that the analysis and the international community are determined to prevent iran from acquiring nuclear weapons. those of the words of the president of the united states toward surely taking office, we presented tehran with an unprecedented and genuine opportunity for dialogue. and this is in 13 the united states directly in our p5 plus 1 partners presented iran with a clear choice. that still your international obligations which will allow you to deepen your economic and politi