William Katz:  Urgent Agenda

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AND NOW FOR THE REAL THREAT – AT 8:27 A.M. ET:  As Iran works on its nuclear program, it's simultaneously developing a chilling array of missiles.  Even if never used, these weapons are great persuaders, especially to nations in the region that don't have them:

(Reuters) - Iran may be able to build a missile capable of striking the United States by 2015, according to an unclassified Defense Department report on Iran's military sent to Congress and released on Monday.

"With sufficient foreign assistance, Iran could probably develop and test an intercontinental ballistic missile (ICBM) capable of reaching the United States by 2015," said the April report, a copy of which was obtained by Reuters.

A classified version was also submitted to Congress.

The timing of advances in Iran's long-range missile technology is being closely watched in Washington, which accuses Tehran of pursuing nuclear weapons and is pushing for a new round of sanctions. Iran denies the charges and says its nuclear program is for peaceful purposes.

Worrisome, to put it mildly.  I'm actually more concerned, in operational terms, about a bomb slipped into an American harbor and detonated by a suicide crew.  But the missiles will give Iran a negotiating clout and feeling of immunity that most nations only dream of.

And then of course there's this:

"Iran's nuclear program and its willingness to keep open the possibility of developing nuclear weapons is a central part of its deterrent strategy," the report said.

I love it.  Even this report goes PC, referring to a "deterrent strategy."  I'm not concerned about Iran's deterrent strategy.  I'm concerned about its offensive ability, and the potential willingness of a fanatical religious regime to use it. 

I wonder how the White House will react to this report.  I suspect they'll assure an apprehensive nation that "talks" are underway and "options" are being reviewed. 

Sleep well tonight.

April 20, 2010