Israel-Iran War in September?

EconomicPolicyJournal.com

SUNDAY, JULY 17, 2011

Israel-Iran War in September?

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Zerohedge is reporting on some very interesting positioning of U.S. naval ships:

As the most recently updated naval map from Stratfor demonstrates, the CVN 77 G.H.W. Bush has just entered the Persian Gulf, the first time a US aircraft carrier has passed through the Straits of Hormuz in months. What is also notable is that the LHD 5 Bataan amphibious warfare ship has just weighed anchor right next to Libya: this is odd since the coast of Tripoli had been left unattended for many weeks by US attack ships. And topping it all off is that a third aircraft carrier, the CVN 73, is sailing west from the South China seas, potentially with a target next to CVN 76 Ronald Reagan which is the second carrier in the Straits of Hormuz area. Three carriers in proximity to Iran would be extremely troubling.

Zerohedge goes on to report:

CIA veteran Robert Baer, the man played by George Clooney in Syriana, who as Al Jazeera reports, appeared on KPFK Los Angeles, warning that Israeli PM Netanyahu is "likely to ignite a war with Iran in the very near future." It gets worse: "Masters asked Baer why the US military is not mobilising to stop this war from happening. Baer responded that the military is opposed, as is former Secretary of Defense Robert Gates, who used his influence to thwart an Israeli attack during the Bush and Obama administrations. But he's gone now and "there is a warning order inside the Pentagon" to prepare for war." The punchline: "There is almost "near certainty" that Netanyahu is "planning an attack [on Iran] ... and it will probably be in September before the vote on a Palestinian state. And he's also hoping to draw the United States into the conflict", Baer explained." For the betting public out there, an September CL call may not be the dumbest trade possible...

All this is real interesting, but here's the real kicker: Economist Nouriel Roubini hastweeted the link to the ZeroHedge story. As long-term EPJ readers know, I consider Roubini the most connected man in finance. He has a small house warming party and George Soros shows up. To ring in the New Year, he shows up at billionaire Russian oligarch Roman Abramovich's New Year's eve party. He gave Larry Summers stock in his company. Within hours of DSK being arrested, he tweeted that Christine Lagarde would take his place--as she has done. He is a consultant to most of the central banks in the world.

I have never seen Roubini tweeting on foreign affairs before, he is unlikely to be tweeting because he finds the story interesting. The story likely falls in line with what he is hearing from his very in the know network.

Israel-Iran war in September, mark your calendar.