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Gasoline. they don't have any refinery capacity to speak of in iran. that would bring their economy to a stand estimate might bring the government down it would certainly stir things up in the middle east in a way of nothing that's been done so far. might require some kind of a quarantine and embargo to do it. that would be an act of war. there might be war. and i think that for these particular politicians, particularly president obama, he doesn't want to get mixed up in any acts of war against iran in the middle east. i don't think that's where he is headed. and i think that he would do a lo...

Apparent his failure is going to be when nothing happens. >> >> brit: i think that's true. but i think when you think about it, bill, we are talking about a narrow set of possibilities. if these sanctions, whatever they are, fail, as i think they undoubtedly will, the only thing that's left then is some kind of tougher sanctions. but it's impossible to imagine china and russia going along with for example, a ban on the importation by iran of refined petroleum products. gasoline. they don't have any refinery capacity to speak of in iran. that would bring their economy to a stand estimate might ...

Petroleum products. gasoline. they don't have any refinery capacity to speak of in iran. that would bring their economy to a stand estimate might bring the government down it would certainly stir things up in the middle east in a way of nothing that's been done so far. might require some kind of a quarantine and embargo to do it. that would be an act of war. there might be war. and i think that for these particular politicians, particularly president obama, he doesn't want to get mixed up in any acts of war against iran in the middle east. i don't think that's where he is headed. and i think t...