Iran Now Considering Death Penalty for…Currency Speculators
- Posted on February 2, 2012 at 9:18am by
Jonathon M. Seidl
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If you saw Glenn Beck’s riveting Caliphate special on GBTV on Wednesday, you know that he outlined the punishment for those who dare to live an alternative lifestyle: death. So is it any surprise that news out this morning suggests that Iran is now considering the death penalty for those caught speculating about it’s abysmal currency?
From the Washington Post:
Faced with a plummeting currency in the wake of toughened international sanctions, Iran is cracking down on black-market money changers and warning that major speculators could face execution.
The crackdown comes as Iranian authorities are struggling to stabilize the rial, which has nosedived amid announcements of new U.S. and European sanctions against Iran’s central bank and oil exports.
As a warning to speculators, several money changers working on the streets of central Tehran have been arrested by undercover police officers pretending to desperately seek foreign currency.
In addition, the chief of Iran’s judiciary, Ayatollah Sadegh Amoli Larijani, threatened Wednesday to seek the death penalty for major speculators. Speaking about the unrest in the foreign-exchange markets, he warned that “depending on the importance of their crimes, some of the economic corrupted can face execution,” the semiofficial Mehr News Agency quoted him as saying in a meeting with judicial officials on the currency crisis.
According to Business Insider, “The current market rate stands at around 18,800 rials per dollar, which compares to the official rate of around 11,500 rials.”
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hugo65hsv
Posted on February 4, 2012 at 10:27pmCan we send them George Soros…
Report Post »ALL4FREEDOM
Posted on February 2, 2012 at 4:13pmDo you see what this is? A radical Islamist reation to inflation of the currency, which is EXACTLY what the Fed is doing to us.
Report Post »Tyras
Posted on February 2, 2012 at 12:10pmToo bad George Soros doesn’t frequent Iran.
Report Post »mapgirl10
Posted on February 2, 2012 at 10:27amIran and the socialist left the same side of the coin! Pardon the pun!
Report Post »JRook
Posted on February 2, 2012 at 2:26pmWhats the problem GB or Rush didn’t feed the angry mob enough today.
Report Post »RejectFalseIcons
Posted on February 2, 2012 at 10:21amDon’t forget, currency speculators also means people who own gold. That’s most likely who this is aimed at – providing legal rationalization for the mass confiscation of gold. You know, just like FDR did here.
Report Post »JRook
Posted on February 2, 2012 at 2:30pmOr perhaps they are seeking to limit the irrational and unjustified swings in their currency that is associated with speculations. If you check you will see that Bush put into effect several market protections that limit dramatic changes in stock prices which would certainly be applicable to the currency market.
Report Post »Ironeagle
Posted on February 2, 2012 at 10:04amHow bout the death penalty for that wicked reigme instead?!
Report Post »G-WHIZ
Posted on February 2, 2012 at 10:02amDon’t let the PEOPLE of IRAN actually make enough money to ALL get richer and improve their lives so they find out that their corrupt-government is not the only one to go to for everything. WE/U.S.A. are the ONLY place to go to to excape coruption and absolute poverty! If/when WE go “down” , where will the rest of the world go for help? HURRICANES MASSIVE-EARTHQUAKES SUPER-FLODS KILLER-REGIEMS etc…etc… .
Report Post »lukerw
Posted on February 2, 2012 at 9:50amThey are not against Soros… they are against Money Changers as in the Black Market, who give Low Exchange Rates for the Trade of Foreign Currency, which drives down the value of Local Currency!
Report Post »13th Imam
Posted on February 2, 2012 at 9:56amSecret code word for JEWS?? Not so secret.
Report Post »SpankDaMonkey
Posted on February 2, 2012 at 9:50am.
Iran Now Considering Death Penalty for…Everybody Else…..
Somebody do something…….
I still think Ya’ll should put me in charge of The War on Terror……….
Report Post »Detroit paperboy
Posted on February 2, 2012 at 9:47amExecute Soros first…… Then they may wanna speak with Gietner, Bernake and the entire House and Senate……
Report Post »Bible Quotin' Science Fearin' Conservative American
Posted on February 2, 2012 at 11:51amIf you find wall street speculators blameless then your head is in the sand. They all get a piece of the blame.
Report Post »flik221
Posted on February 2, 2012 at 9:41amGOOD bye soros……..ha ha
Report Post »sickofbs
Posted on February 2, 2012 at 9:35amFor once I agree with Iran:)
Report Post »Sirfoldallot
Posted on February 2, 2012 at 9:52amI find it hard to believe it’s ur 1st time .
Report Post »TalonTed
Posted on February 2, 2012 at 9:27amWow. If this policy were to be implemented in the U.S., virtually all of Congress would be executed.
Report Post »Mandors
Posted on February 2, 2012 at 9:33amAnd the problem with that would be…?
Report Post »Bible Quotin' Science Fearin' Conservative American
Posted on February 2, 2012 at 11:54amWhy must the right wing worship money, killing and Jesus like they can be taken seriously? I’ve got a family member who goes to church every sunday. He’s hardcore republiclown. One day he’s ranting about the middle east saying how we should just go in there and bomb them until there is nothing left. I said what about the women and children, the people who have no control over what’s going on. He said he didn’t want to hear any of that PC crap. They were all guilty.
Most of you are just like him.
byehlik
Posted on February 2, 2012 at 9:25amPiss on them!
Report Post »NOBALONEY
Posted on February 2, 2012 at 9:23amIMF, EU, ECB, and the FED may someday adopt this plan.
Report Post »Sirfoldallot
Posted on February 2, 2012 at 9:20amSome 1 once again pissed off the little guy.
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