Obama Administration Warns Israel on Consequences of Iran Military Strike

Defense Secretary Leon Panetta warned Israel today about the global economic consequences of a military strike on Iran.
FOX News reported:

Defense Secretary Leon Panetta said ahead of a meeting Friday with Israeli Defense Minister Ehud Barak that he would warn his Israeli counterpart about the global economic consequences of a military strike on Iran’s nuclear program, adding that he still favors sanctions and diplomacy over a strike.

“To go beyond (sanctions and diplomacy) raises our concerns about the unintended consequences that could result. … There are going to be economic consequences to that, that could impact not just on our economy but the world economy,” Panetta told those travelling with him to Halifax, Canada.

Some Republican lawmakers are complaining the Obama administration is sending a schizophrenic message to Iran and the region. On one hand, it is projecting that the Pentagon now has 30,000-pound bunker-buster bombs capable of striking an underground WMD program and selling smaller bunker busters to Iran’s neighbors such as the United Arab Emirates.

Yet officials are warning about the dire implications of a military strike.

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