United States and Israel attack Iran Early Saturday Morning

Just looking into history on how this may affect us. I'm thinking 1973 oil embargo and 1979 Iranian revolution. Oil prices skyrocketed and global inflation went out of control. When everything levels out, the new higher prices are the norm.
The morning news is already reporting that we will see sharply higher gas prices, natural gas prices, and electricity prices.
 
The morning news is already reporting that we will see sharply higher gas prices, natural gas prices, and electricity prices.
Great. My budget is already stretched so thin. I have no doubt this is true. 😟

And now I see there has been a mass shooting at a bar in Austin, Texas. Honestly, I feel like my stress level has been skyrocketing these past few days months.

I know a head-in-the-sand approach isn't the best option, but right now I feel like avoiding all news and social media sites.
 
They showed videos on the news about the school being hit. It was one of the Iranian missiles that flopped, and it fell back down and hit the school.
Eerily reminiscent. Saddam used to do the exact same thing when Iraq was in conflict with Iran and other countries. "Mistakenly" (maybe??) hit a civilian area and then blame the "other guy." Sometimes it was on purpose. 1988 and the school was in Sulaimaniyah... school full of children in his own country and done to demoralize "the enemy." :mad:
 
If it is true....if it is true....it is called collateral damage. It happens with battles, it is not intentional. Iran has been killing tens of thousands of men, women, and children for forty years. Time to take them out and free the Iranian people.
You know why it's called "collateral damage"? Because it sounds so much better than "dead children." When Tim McVeigh bombed the Murrah building he called the children in the nursery room "collateral damage." He had been in the military and learned to think that way.

Those children are gone, their parents are devastated and it's our fault. You can always find bigger numbers at the hands of someone else but these numbers are ours.
 
They showed videos on the news about the school being hit. It was one of the Iranian missiles that flopped, and it fell back down and hit the school. It seems to have been a total accident. Would there even have been children in school on a Saturday ?
I wondered why I couldn't find the original news pieces I read yesterday. Yesterday there seemed to be no question but that it was ours. Today there's video showing that it was an Iranian missile that "flopped and fell back down." I guess it takes time.
 
I wondered why I couldn't find the original news pieces I read yesterday. Yesterday there seemed to be no question but that it was ours. Today there's video showing that it was an Iranian missile that "flopped and fell back down." I guess it takes time.
I always give the news like this, a few days to hopefully get a better factual story. Sometimes it's, like this story, sometimes it can be more than
we had hoped for either way. Takes some determination on my part not to jump to those knee jerk assumptions but I have gotten better at it.
 
IMO, and it is just an opinion, I think the Iranians thought they could offer a few minor concessions on their nuclear bomb program, and that President Trump would declare a great American win.
 
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Iran's Revolutionary Guards claimed to have attacked a US aircraft carrier in revenge for the killing of the country's Supreme Leader, as it launches drone attacks across the Middle East today.

State media carried a statement claiming the USS Abraham Lincoln had been attacked with 'four ballistic missiles'. The Pentagon later denied the Lincoln had been hit but said missiles had been fired that 'did not even come close'.

The US Defense Department also confirmed that three US servicemen have been killed during Operation Epic Fury, and another five have been injured.

This morning Iran raised its so-called 'Red Flag of Revenge' and vowed to hit the US and Israel with a 'force never experienced before'.

Airstrikes continued to rain down on the Iranian capital for the second day as the country's president has branded the killing of the country's Supreme Leader a 'declaration of war against Muslims'.

Iran has retaliated with a series of strikes across its neighbouring Gulf states, with explosions heard in Qatar, Israel, Bahrain, Kuwait, Iraq, Oman and Saudi Arabia.

The US president promised to strike Iran 'with a force that has never been seen before,' after the Islamic Revolutionary Guard Corps (IRGC) announced they had attacked nearly 30 US military bases across the Middle East on Sunday morning.

The targeted attacks on American assets in the destabilized region are part of Iran's self-proclaimed 'most intense offensive operation in history,' in retaliation for the killing of Islamic State Supreme Leader Ayatollah Ali Khamenei.

It was revealed today that Iranian President Mahmoud Ahmadinejad has also been killed in airstrikes, according to Israeli state TV.

Black smoke was seen rising from a US airbase at Erbil International Airport in northern Iraq at sunrise, after the IRGC promised their most ferocious counterattack.

Israel announced in the early hours of Sunday that it had begun a new 'strike wave' targeting Iran's ballistic missiles and aerial defense systems, after Iran launched drones and missiles at Tel Aviv, which were intercepted and shot down.

In response, the IRGC said it was carrying out a 'sixth wave' of 'extensive missile and drone' attacks on 27 US military bases. The extent of the damage is not yet clear.

It comes as Iran formally confirmed that Khamenei was killed in his home office.
Iran 'attacks US aircraft carrier' after raising 'red flag of revenge'
 
You know why it's called "collateral damage"? Because it sounds so much better than "dead children." When Tim McVeigh bombed the Murrah building he called the children in the nursery room "collateral damage." He had been in the military and learned to think that way.

Those children are gone, their parents are devastated and it's our fault. You can always find bigger numbers at the hands of someone else but these numbers are ours.

or dead women or men.
I wish we could all get along and live in a perfect world.
But that is not reality.
And I do not think it is our fault.
The terrorist monster has killed thousands of children and if we do not stop it, it will kill thousands more.
 
You know why it's called "collateral damage"? Because it sounds so much better than "dead children." When Tim McVeigh bombed the Murrah building he called the children in the nursery room "collateral damage." He had been in the military and learned to think that way.

Those children are gone, their parents are devastated and it's our fault. You can always find bigger numbers at the hands of someone else but these numbers are ours.
Don't forget this is a regime that killed 30,000 or so of its own people last month.
 
I wondered why I couldn't find the original news pieces I read yesterday. Yesterday there seemed to be no question but that it was ours. Today there's video showing that it was an Iranian missile that "flopped and fell back down." I guess it takes time.
Without actual confirmation, it would be assumed it was a strike from the US or Israel, because Iran wouldn't bomb itself, and of course Iran would blame the US or Israel, which I suppose was used as confirmation. It's not unreasonable, but not the best journalism either. Often, when a news source makes a correction, the revised story includes a correction notification, but it's probably not a rule.
 

What has happened so far today?​

The world awoke to the outbreak of major conflict in the Middle East today, after the US and Israel launched joint 'pre-emptive strikes' against Iran. This prompted a widespread response from the Islamic nation, which has seen violence unfold in countries across the Middle East.
So far today:
  • The US and Israel launched joint strikes against military and political leaders in Iran, dubbing them 'pre-emptive' to prevent Iran from gaining a nuclear weapon;
  • Iran has hit back, sending missiles to Israel, as well as targeting US bases and other assets in the UAE, Bahrain, Qatar, Dubai, Jordan and Kuwait;
  • Missiles have also struck US-Israeli targets in Lebanon and Iraq;
  • There are reports the head of Iran's Revolutionary Guards has been killed, while Supreme Leader Ali Khamenei was also targeted - his condition is unknown;
  • Global leaders have urged restraint while reiterating that Iran must not gain a nuclear weapon;
There will be controversy on this issue, and that cannot be avoided. Iran has the potential to be a useful part of the world. The US and Israel have been avowed targets of Iran's leadership for many years. As I see it the oppressed citizenry of Iran simply want the same things that persons in all countries want, a good place to live and raise their family.

Their form of worship is not the issue, their country looks like a well developed area. We all see circumstances in most every nation where a minority of the population may suppress the positive values of their people as a whole. Iran is the posterboard example of this circumstance.

The middle east nations have been at war and threatening to free countries for decades, and that may resume in some point in the future. Iran's decent hard working citizens deserve the opportunity to peacefully coexist with their neighbors as well as the rest of the world. It is hard not to understand that even that nation has progressed to the point that daily life can and will be better without a radical and oppressive government philosophy. I for one believe that may now be possible.
 
One of my favorite and patriotic song writer, the late Toby Keith, starts one of my favorites of his many song with the phrase, "I sometimes think that war is necessary". And just like those lyrics continue, "You may not like what I'm saying, but you know where I stand." I'm sorry to see that many nations that will benefit from the recent days activities of two nations are still too timid to share that stand. Doing so if and when things become peaceful again will be too little too late. My opinion may not matter, and that's okay, but my appreciation of some of the bystanders has slipped dramatically.
 
This is a rally to mourn Ayatollah Ali Khamenei in Tehran on Sunday.
Iran mourn.jpg
Guess not everybody was thrilled that he was assassinated.

Maybe if Khamenei had invested in Kushner's Affinity Partners like Saudi Arabia, the UAE, and Qatar did, this wouldn't have happened. Those three countries stand to profit most from the war.
 
I always give the news like this, a few days to hopefully get a better factual story. Sometimes it's, like this story, sometimes it can be more than
we had hoped for either way. Takes some determination on my part not to jump to those knee jerk assumptions but I have gotten better at it.
I don't call reading the news from reputable sources like the BBC and believing them, "knee jerk assumptions." It's not like I get my information from the clerk at Family Dollar. In fact ,I often think the first news is much more reliable than what comes out a few days later when the spin doctors have developed another narrative.
Don't forget this is a regime that killed 30,000 or so of its own people last month.

He probably told his people, "Don't forget Hitler killed six million." I thought we were supposed to be better than people like that, not feel good about ourselves because they killed more.
 
Who benefits financially from the attacks on Iran?

When a conflict of this scale erupts, several specific sectors and groups typically experience immediate financial shifts. As of March 1, 2026, here is a breakdown of the primary financial beneficiaries and the economic ripple effects of the current military operations in Iran.

1. The Defense Industry (The "Security Supercycle")​

The most direct financial beneficiaries are the major U.S. defense contractors. Analysts are currently referring to this period as a "Security Supercycle" due to record-breaking backlogs and increased federal appropriations.
  • Primary Players: Stockholders for Lockheed Martin (LMT), RTX (formerly Raytheon), and Northrop Grumman (NOC)
  • The "Subscription" Model: Modern warfare relies heavily on high-tech munitions (like the Patriot and AMRAAM systems) and software. These companies benefit not just from the initial sale of missiles used in the strikes, but from multi-decade maintenance and "readiness" contracts required to replenish and support the equipment.
  • Increased Budgeting: In early February 2026, a $839 billion defense bill was passed, which was already $8 billion above the Pentagon's request. This provides a guaranteed stream of revenue for the coming years to sustain the current operations.

2. Global Oil Producers and Markets​

Geopolitical instability in the Middle East almost always triggers a spike in energy prices, which benefits specific oil-producing entities.
  • Price Spikes: Brent crude has already jumped 10% since the strikes began, hovering near $80 a barrel, with some analysts predicting it could exceed $100 if the Strait of Hormuz remains effectively closed.
  • Gulf Producers: Countries like Saudi Arabia and the UAE stand to benefit financially by filling the supply vacuum left by Iranian oil, provided their own infrastructure is not targeted in retaliatory strikes.
  • U.S. Domestic Production: While higher prices at the pump hurt consumers, U.S. domestic oil companies often see increased profits as the value of their reserves and production rises in line with global benchmarks.

3. Safe-Haven Assets​

In times of war, global capital tends to flee volatile markets and move into "safe-haven" assets.
  • The U.S. Dollar: Early trading in Asia on Sunday showed a move into dollar-denominated positions, strengthening the greenback.
  • Precious Metals: Gold traditionally sees a surge in value during major Middle Eastern conflicts as investors look for stable stores of value.

4. Speculators and Hedge Funds​

Financial entities that correctly "timed" the escalation—either by shorting Iranian-linked assets (which are now cratering) or by taking long positions on energy and defense—are seeing massive short-term gains.
 
It's strange that this supreme leader can be killed so easily. One would think his residential compound has some sophisticated bunkers or emergency escape routes. Or he simply does not reside in the usual home during dangerous time.
 
It's strange that this supreme leader can be killed so easily. One would think his residential compound has some sophisticated bunkers or emergency escape routes. Or he simply does not reside in the usual home during dangerous time.
Lots of intelligence gathering I suspect. Maybe even some agents on the ground?
 
Iraq land area = 169,000 square miles.
Iran land area = 636,000 square miles
Iraq population at time of US invasion = 25 million
Iran current population = 93 million.
US Miltary Casualties in Iraq War = Dead 4,419, wounded = 31,993
US Miltary Casualties in Iran War = To be determined
Cost of Iraq War = $2 Trillion
Cost of Iran War = To be determined
 
Mossad infiltrated his command structure, set up the meeting place and they fell right into the trap. They were so arrogant they thought they were invincible. The agents were there for months. The detail Mossad had of the structure was amazing. Even where each person was located.

The US is in a far different oil market than during the Gulf war. We have more production and reserves. The Venezuelan oil is a big asset. We are not as dependent on Mideast oil.

The Hormuz will be protected. The B2’s that supposedly couldn’t make it through have already completed missions on deep underground launchers. Remember we still have subs that are a detriment to any other players.

Folks said a lot could not be done but it’s been positive considering the immense scope of the operation. I hope we keep pounding them, no deals, they always cheat.
 
Iraq land area = 169,000 square miles.
Iran land area = 636,000 square miles
Iraq population at time of US invasion = 25 million
Iran current population = 93 million.
US Miltary Casualties in Iraq War = Dead 4,419, wounded = 31,993
US Miltary Casualties in Iran War = To be determined
Cost of Iraq War = $2 Trillion
Cost of Iran War = To be determined
Those numbers show a few surgical strikes aren't going to work the way they think. Those who practice radical politics and/or religion make this about ideas and movements. Unlike people or things ideas cannot be destroyed.

In the beginning victory may look clear cut but that culture/mindset produces long memories ie a lifetime of motivation for revenge. 20 years from now the reality of victory will be confirmed or denied.

Peace
 
Those children are gone, their parents are devastated and it's our fault. You can always find bigger numbers at the hands of someone else but these numbers are ours.
Today there's video showing that it was an Iranian missile that "flopped and fell back down." I guess it takes time.

"These numbers are [still] ours." If the whole thing had never happened, they would still be living, regardless.
 
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