Oil quotation excluding Dollars: should we save the USA, Iran or the world?
published: 03/02/06, 17:26
It's a bit long but very informative to me after ... you have to see the truth of all about ...
The Bush administration will never allow the Iranian government to open a stock exchange where the oil will trade in euros. If that happened, hundreds of billions of dollars would flood back the US dollar collapsing and destroying the economy. This is why Bush and Co. are planning to lead the nation to war against Iran. It is simply to protect the current system of globalization and perpetual domination of the dollar as reserve currency.
The claim that Iran is developing nuclear weapons is nothing but a pretext to launch the war. The NIE (National Intelligence Estimate) predicts that Iran will not be able to produce nuclear weapons before perhaps ten years. Like the IAEA chief, Mohamed ElBaradei, has repeatedly said that his agency inspectors had found "no evidence" of a nuclear weapons program.
There are no nuclear weapons or nuclear weapons programs, against the economy of Iran poses an existential threat to the USA.
The USA monopolize the oil market. It is estimated in dollars and traded on either the NYMEX (New York Mercantile Exchange) on IPE (London International Petroleum Exchange) both belonging to the United States. This forces all the world's central banks to keep huge stocks of dollars.
The monopoly of the US currency illustrates perfectly the pyramid scheme. As long as nations are forced to buy oil in dollars, the US can continue to waste outrageously with impunity. (The dollar now accounts 68% of the currency of global capital against 51% ten years ago) The only threat to this strategy is the competition that would project a stock market of independent oil; forcing the wobbly dollar to confront a more stable currency (debt free) such as the euro. This would compel central banks to diversify their holdings, sending billions of dollars in the USA, we guarantee to kick a devastating hyper inflation cycle.
The effort to keep away from the headlines this information on the Iranian oil exchange market was very well done. A simple Google search shows that no major newspaper has reported the opening of the stock exchange. The dislike of the media for the conflicting stories that serve the public interest has been evident in many other cases, such as the fraudulent presidential election in 2004, the Downing Street Memo, and the crushing of Falluja. Rather than inform, the media serves megaphone in the policies of governments and manipulate public opinion by rehashing the specious demagoguery of the Bush administration. So, few people have any idea of the seriousness of the current threat to the US economy.
This is not a case of "liberals against conservatives." Those who have analyzed the problem all arrived at the same conclusion: if the Iranian market opens, the dollar will plunge and the US economy shattered.
This is what says Krassimir Petrov economist in a recent article: [The Iranian Oil Bourse in Question-
"From a purely economic point of view, if the exchange of Iranian oil was gaining momentum, it would blithely followed by major economic powers and precipitate the death of the dollar ..."
As for the right Alan Peter analyst, he states in his article [Menace Mollahs-
200 million US nationals (users) could end up on the street, unemployed and hungry, with nothing and no one able to rescue them or help them, contrary to soup kitchens and other charitable support seen during the Great Depression of 1920 / 30 ... "
Such a crash would result in soaring interest rates, hyperinflation, astronomical energy costs, massive unemployment and, perhaps, depression. Here is the troubling scenario if the Iranian exchange is recognized and it collapses the dollar from its high perch. This is what makes war so likely, even nuclear war.
Now we can understand why the kindly affiliated media multinationals have omitted any mention of a new oil market in their blankets. It's a secret that the pillars of management would rather keep to themselves. It is easier to convince the public with stories of nuclear weapons and Muslim fundamentalists rather than justify launching a war to save an anemic dollar. Nevertheless, it is the dollar that the US defend Iraq and possibly soon in Iran too. (Saddam had converted to the euro in 2000. The bombing started in 2001)
peaceful alternatives
There are peaceful solutions to this dilemma, but not if the Bush administration continues to hide behind stupid deception of terrorism or imaginary nuclear weapons program. Bush needs to get clear with the Etatsunien people regarding the true nature of the global energy crisis and stop invoking Bin Laden and AMD to justify its policy of aggression. We need a energy strategy (including state funding for conservation projects, alternative energy sources and the development of a new line of hybrid vehicles "made in USA") for sincere negotiations with Iran to regulate the annual oil quantity sold in euros (to facilitate an orderly exit from the dollar) and finally a "collective international approach" of consumption and distribution of energy (under the auspices of the meeting General of the UN)
Greater parity of currencies should be encouraged as a way of strengthening democracies and invigorating markets. This is the promise of breath new life into free trade that allowing other political models to flourish without fear of being swallowed up by capitalism. The current dominance of the dollar has created a global empire that is largely dependent on debt, torture and war to maintain its supremacy.
The Iranian oil exchange poses the greatest challenge to the dollar monopoly and its supporters of the Federal Reserve. If the Bush administration continues its intention of anticipatory nuclear strikes on the so-called weapons sites, their allies will be all the more alienated and the others will be forced to respond. As Dr. Petrov says, "The countries with the most dollars could decide to respond calmly by selling off their own mountains of dollars, thus preventing the US from further financing their bellicose ambitions. "
There are chances that the absolute champion of the current system is the same that leads to destruction.
seen on http://paris.indymedia.org/article.php3 ... icle=50159
The Bush administration will never allow the Iranian government to open a stock exchange where the oil will trade in euros. If that happened, hundreds of billions of dollars would flood back the US dollar collapsing and destroying the economy. This is why Bush and Co. are planning to lead the nation to war against Iran. It is simply to protect the current system of globalization and perpetual domination of the dollar as reserve currency.
The claim that Iran is developing nuclear weapons is nothing but a pretext to launch the war. The NIE (National Intelligence Estimate) predicts that Iran will not be able to produce nuclear weapons before perhaps ten years. Like the IAEA chief, Mohamed ElBaradei, has repeatedly said that his agency inspectors had found "no evidence" of a nuclear weapons program.
There are no nuclear weapons or nuclear weapons programs, against the economy of Iran poses an existential threat to the USA.
The USA monopolize the oil market. It is estimated in dollars and traded on either the NYMEX (New York Mercantile Exchange) on IPE (London International Petroleum Exchange) both belonging to the United States. This forces all the world's central banks to keep huge stocks of dollars.
The monopoly of the US currency illustrates perfectly the pyramid scheme. As long as nations are forced to buy oil in dollars, the US can continue to waste outrageously with impunity. (The dollar now accounts 68% of the currency of global capital against 51% ten years ago) The only threat to this strategy is the competition that would project a stock market of independent oil; forcing the wobbly dollar to confront a more stable currency (debt free) such as the euro. This would compel central banks to diversify their holdings, sending billions of dollars in the USA, we guarantee to kick a devastating hyper inflation cycle.
The effort to keep away from the headlines this information on the Iranian oil exchange market was very well done. A simple Google search shows that no major newspaper has reported the opening of the stock exchange. The dislike of the media for the conflicting stories that serve the public interest has been evident in many other cases, such as the fraudulent presidential election in 2004, the Downing Street Memo, and the crushing of Falluja. Rather than inform, the media serves megaphone in the policies of governments and manipulate public opinion by rehashing the specious demagoguery of the Bush administration. So, few people have any idea of the seriousness of the current threat to the US economy.
This is not a case of "liberals against conservatives." Those who have analyzed the problem all arrived at the same conclusion: if the Iranian market opens, the dollar will plunge and the US economy shattered.
This is what says Krassimir Petrov economist in a recent article: [The Iranian Oil Bourse in Question-
"From a purely economic point of view, if the exchange of Iranian oil was gaining momentum, it would blithely followed by major economic powers and precipitate the death of the dollar ..."
As for the right Alan Peter analyst, he states in his article [Menace Mollahs-
200 million US nationals (users) could end up on the street, unemployed and hungry, with nothing and no one able to rescue them or help them, contrary to soup kitchens and other charitable support seen during the Great Depression of 1920 / 30 ... "
Such a crash would result in soaring interest rates, hyperinflation, astronomical energy costs, massive unemployment and, perhaps, depression. Here is the troubling scenario if the Iranian exchange is recognized and it collapses the dollar from its high perch. This is what makes war so likely, even nuclear war.
Now we can understand why the kindly affiliated media multinationals have omitted any mention of a new oil market in their blankets. It's a secret that the pillars of management would rather keep to themselves. It is easier to convince the public with stories of nuclear weapons and Muslim fundamentalists rather than justify launching a war to save an anemic dollar. Nevertheless, it is the dollar that the US defend Iraq and possibly soon in Iran too. (Saddam had converted to the euro in 2000. The bombing started in 2001)
peaceful alternatives
There are peaceful solutions to this dilemma, but not if the Bush administration continues to hide behind stupid deception of terrorism or imaginary nuclear weapons program. Bush needs to get clear with the Etatsunien people regarding the true nature of the global energy crisis and stop invoking Bin Laden and AMD to justify its policy of aggression. We need a energy strategy (including state funding for conservation projects, alternative energy sources and the development of a new line of hybrid vehicles "made in USA") for sincere negotiations with Iran to regulate the annual oil quantity sold in euros (to facilitate an orderly exit from the dollar) and finally a "collective international approach" of consumption and distribution of energy (under the auspices of the meeting General of the UN)
Greater parity of currencies should be encouraged as a way of strengthening democracies and invigorating markets. This is the promise of breath new life into free trade that allowing other political models to flourish without fear of being swallowed up by capitalism. The current dominance of the dollar has created a global empire that is largely dependent on debt, torture and war to maintain its supremacy.
The Iranian oil exchange poses the greatest challenge to the dollar monopoly and its supporters of the Federal Reserve. If the Bush administration continues its intention of anticipatory nuclear strikes on the so-called weapons sites, their allies will be all the more alienated and the others will be forced to respond. As Dr. Petrov says, "The countries with the most dollars could decide to respond calmly by selling off their own mountains of dollars, thus preventing the US from further financing their bellicose ambitions. "
There are chances that the absolute champion of the current system is the same that leads to destruction.
seen on http://paris.indymedia.org/article.php3 ... icle=50159