Monday, October 27, 2008

West facing a 9/11 financial crisis: Larijani: Tehran Times

West facing a 9/11 financial crisis: Larijani
Tehran Times Political Desk

TEHRAN – Majlis Speaker Ali Larijani has likened the West's financial crisis to the September 11 attack on the United States.

Addressing the Majlis Sunday session, Larijani said, "The financial turmoil in the West will not end soon and it is like a September 11 economic crisis."

He said the United States financial downturn started after President George Bush took office in 2001. "The U.S. at the time had $200 billion excess profits but wrong policies on different issues like cutting taxes… and the wars in Iraq and Afghanistan caused the current turmoil."

"Now, Bush is leaving office with $4500 billion deficit. The U.S. financial crisis is caused by the lack of credibility and trust," the Majlis speaker added.

He said, "The U.S. financial meltdown and the failure of the Greater Middle East and Annapolis plans are the result of the careless performance of the U.S. adventurous conservatives."

Larijani said during his recent visits to Finland and Switzerland, he discussed the global credit crunch with the leaders of the two countries.

The Majlis speaker accused the U.S. of trying to "direct the financial crisis to the energy producing countries and to create a false fear in these states in order to steal their wealth."

He called on the parliament's research center to carefully investigate the U.S. financial crisis and its effects on the world markets


Educate to Liberate!

Peter S. Lopez aka: Peta


Sacramento, California, U.S.A.

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