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Are The Middle East Wars Really About Forcing the World I nto Dollars and Private Central Banking?
.£%
Submitted by George Washington on 01/13/2012 20:54 -0400
The Middle Eastern and North African wars - planned 20 years ago - don't necessarily have much to do with fighting terrorism. See this, this and this.
They are, in reality, about oil.
And protecting Israel (and read the section entitled "Securing the Realm" here).
But as AFP reports today, there is another major motivation for the expanding wars:
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The latest round of American sanctions are aimed at shutting down Iran's central bank, a senior US official said Thursday, spelling out that intention directly for the first time.
"We do need to close down the Central Bank of Iran (CBI),"the official told reporters on condition of anonymity, while adding that the United States is moving quickly to implement the sanctions, signed into law last month.
Foreign central banks that deal with the Iranian central bank on oil transactions could also face similar restrictions under the new law, which has sparked fears of damage to US ties with nations like Russia and China.
"If a correspondent bank of a US bank wants to do business with us and they're doing business with CBI or other designated Iranian banks... then they're going to get in trouble with us, "the US official said.
Why is the U.S. targeting Iran's central bank?
Well, multi- billionaire Hugo Salinas Price told King World News:
What happened to Mr. Gaddafi, many speculate the real reason he was ousted was that he was planning an all-African currency for conducting trade. The same thing happened to him that happened to Saddam because the US doesnt want any solid competing currency out there vs the dollar. You know Gaddafi was talking about a gold dinar.
As I noted in August:
Ellen Brown argues in the Asia Times that there were even deeper reasons for the war than gold, oil or middle eastern regime change.
Brown argues that Libya - like Iraq under Hussein - challenged the supremacy of the dollar and the Western banks:
Later, the same general said they planned to take out seven countries in five years: Iraq, Syria, Lebanon, Libya, Somalia, Sudan, and Iran.
What do these seven countries have in common? I n the context of banking, one that sticks out is that none of them is listed among the 56 member banks of the Bank for International Settlements (BIS). That evidently puts them outside the long regulatory arm of the central bankers' central bank in Switzerland.
The most renegade of the lot could be Libya and Iraq, the two that have actually been attacked. Kenneth Schortgenjr, writing on Examiner.com, noted that "[s]ix months before the US moved into Iraq to take down Saddam Hussein, the oil nation had made the move to accept euros instead of dollars for oil, and this became a threat to the global dominance of the dollar as the reserve currency, and its dominion as the petrodollar."
According to a Russian article titled "Bombing of Libya - Punishment for Ghaddafi for His Attempt to Refuse US Dollar", Gaddafi made a similarly bold move: he initiated a movement to refuse the dollar and the euro, and called on Arab and African nations to use a new currency instead, the gold dinar. Gaddafi suggested establishing a united African continent, with its 200 million people using this single currency.
And that brings us back to the puzzle of the Libyan central bank. In an article posted on the Market Oracle, Eric Encina observed:
One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned ... Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a sovereign nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.
Alex Newman wrote in November:
According to more than a few observers, Gadhafi's plan to quit selling Libyan oil in U.S. dollars —
demanding payment instead in gold-backed "dinars" (a single African currency made from gold) — was the real cause [of the Libyan war and killing of Gadhafi]. The regime, sitting on massive amounts of gold, estimated at close to 150 tons, was also pushing other African and Middle Eastern governments to follow suit.
And it literally had the potential to bring down the dollar and the world monetary system by extension, according to analysts. French President Nicolas Sarkozy reportedly went so far as to call Libya a "threat" to the financial security of the world. The "Insiders" were apparently panicking over Gadhafi 's plan.
"Any move such as that would certainly not be welcomed by the power elite today, who are responsible for controlling the world's central banks," noted financial analyst Anthony Wile, editor of the free market-oriented Daily Bell, in an interview with RT. "So yes, that would certainly be something that would cause his immediate dismissal and the need for other reasons to be brought forward [for] removing him from power."
According to Wile, Gadhafi's plan would have strengthened the whole continent of Africa in the eyes of economists backing sound money — not to mention investors. But it would have been especially devastating for the U.S. economy, the American dollar, and particularly the elite in charge of the system.
"The central banking Ponzi scheme requires an ever- increasing base of demand and the immediate silencing of those who would threaten its existence," Wile noted in a piece entitled "Gaddafi Planned Gold Dinar, Now Under Attack" earlier this year. "Perhaps that is what the hurry [was] in removing Gaddafi in particular and those who might have been sympathetic to his monetary idea."
Investor newsletters and commentaries have been buzzing for months with speculation about the link between Gadhafi's gold dinar and the NATO-backed overthrow of the Libyan regime. Conservative analysts pounced on the potential relationship, too.
"I n 2009 — in his capacity as head of the African Union — Libya's Moammar Gadhafi had proposed that the economically crippled continent adopt the Gold Dinar,'" noted liana Mercer in an August opinion piece for WorldNetDaily. "I do not know if Col. Gadhafi continued to agitate for ditching the dollar and adopting the Gold Dinar — or if the Agitator from Chicago got wind of Gadhafi's (uncharacteristic) sanity about things monetary."
But if Arab and African nations had begun adopting a gold-backed currency, it would have had major repercussions for debt-laden Western governments that would be far more significant than the purported "democratic" uprisings sweeping the region this year. And it would have spelled big trouble for the elite who benefit from "freshly counterfeited funny-money," Mercer pointed out.
"Had Gadhafi sparked a gold-driven monetary revolution, he would have done well for his own people, and for the world at large, "she concluded. "A Gadhafi- driven gold revolution would have, however, imperiled the positions of central bankers and their political and media power-brokers."
Adding credence to the theory about why Gadhafi had to be overthrown, as The New American reported in March, was the rebels' odd decision to create a central bank to replace Gadhafi's state-owned monetary authority. The decision was broadcast to the world in the early weeks of the conflict.
In a statement describing a March 19 meeting, the rebel council announced, among other things, the creation of a new oil company. And more importantly: "Designation of the Central Bank of Benghazi as a monetary authority competent in monetary policies in
Libya and appointment of a Governor to the Central Bank of Libya, with a temporary headquarters in Benghazi."
The creation of a new central bank, even more so than the new national oil regime, left analysts scratching their heads. "I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising," noted Robert Wenzel in an analysis for the Economic Policy J ournal. "This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences," he added. Wenzel also noted that the uprising looked like a "major oil and money play, with the true disaffected rebels being used as puppets and cover" while the transfer of control over money and oil supplies takes place.
Other analysts, even in the mainstream press, were equally shocked. "Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power?" wondered CNBC senior editor John Carney. "It certainly seems to indicate how extraordinarily powerful central bankers have become in our era."
Similar scenarios involving the global monetary system — based on the U.S. dollar as a global reserve currency, backed by the fact that oil is traded in American money — have also been associated with other targets of the U.S. government. Some analysts even say a pattern is developing.
I ran, for example, is one of the few nations left in the world with a state-owned central bank. And Iraqi despot Saddam Hussein, once armed by the U.S. government to make war on Iran, was threatening to start selling oil in currencies other than the dollar just prior to the Bush administration's "regime change" mission. While most of the establishment press in America has been silent on the issue of Gadhafi's gold dinar scheme, in Russia, China, and the global alternative media, the theory has exploded in popularity.
A reader comments:
No one is paying attention to the petro-dollars and the current desperation of European and US banks. Even I ran prices oil in $$$s per the treaty after WWI I , but no one wants $$$s any more because it has been such a poor investment vehicle. Gold has been much better. I raq did not want $$$s, was invaded. Libya did not want $$$s, was invaded (I believe they wanted gold). Iran does not want $$$. The dollars are deposited in US and European banks. The dollars standing as the finacial reserve currency of the world was / is being threatened, and thus the Federal Reserve Banks ability to print unlimited dollars!
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AnAnonymous Sat, 01/14/2012 - 15:06 | ^
As for this article, it's crap and the only reason you don't think it's crap is because he blames all your favorite characters. GW mentions nothing about how an African Union Currency in reality would play out as if they're just innocent angels waiting to make a united currency and all their problems go away because well since they're dark-skinned, they would be in perfect harmony if only they didn't have outside interference.
//////////////////////////////////////////////////////////
Typical US citizenism. Made me laugh.
It is what about they are going to gain or not, it is about what the US would lose if they walked away.
US citizens cherish a culture of extortion and have now sold the propaganda clap trap that extorters extort not to their benefit but to the benefits of the extorted.
Who cares what happens to this union?
What matters is what is withdrawn from the US.
When the extorter is removed, the outcome is open, extorted can fare better or worse.
When the extorted is removed, the outcome is well known:
the extorter is always worse off.
So classicalUS citizenism here once again, shifting the focus from the threat the extorted walkingaway represents to the extorted would not fare better.
Absolutely irrelevant. Their future does not matter.
All matters is to measure that when they leave, they take thewealth that was extorted fromthem with them and withdraws it from the extorter.
So again, US citizenism, US citizenism, US citizenism, all over the place.
Element Mon, 01/16/2012 - 18:14 | "%>
Do you speak English?
I find it difficult to decipher most sentences that you write.
You'll just have to presume we don't know what your talking about, and attempt to explain your point of view.
I suspect you are just preaching to the choir though.
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M
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ISEEIT Sat, 01/14/2012 - 10:54 | ^
The most disappointing thing I am already ! observing, is people are already pulling out the, anyone but obama speech, instead of closely examining the issues and understanding that him and obama are virtually interchangeable.
I respect what you say and submit that at a minimum obamma MUST be ejected. I understand that whatever
other puppet is installed will attempt to herd us into the same direction. I also understand that we will likely buy some time AND send a message in rejecting obamma.
If obamma maintains power over the regime we will be signaling acceptance of defeat.
psychobilly
Sat, 01/14/2012 - 11:46 | ^
££
So you're going to "send a message" by voting for Romney? LOL. You obviously understand
nothing.
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Can you roll over and bark on command as well? There's a good doggie.
Idiocracy
Sat, 01/14/2012 - 10:00 | ^
Petrodollar warfare
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This interview with Mr. Clark is very interesting:
http://www.youtube.com/watch? v=RZRa4YqAoUw&feature=related
Lazane
Sat, 01/14/2012 - 09:48 | ^
B^k Read the story of ex I MF executive J onathon May, l^jfg who tried to inform on the world elite and their Petro
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Element
Sat, 01/14/2012 - 09:31 | ^
The primary function of a Central Bank is to make nothing look like something.
I fill a ship with stuff, send it over to you, you cable back binary 'digits', and assure me its called a fair-trade, and thus they now owe me nothing.
But they got a ship full of stuff and I have to find a greater- fool, who will take my nothings, in exchange for their material somethings.
Fortunately, there are a lot of greater- fools.
That's why it's called free trade.
It would not be so nice if there were not a lot of them- -but for now there are.
Bicycle Repairman
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You left out the enforcement mechanism.
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onthesquare Sat, 01/14/2012 - 07:48 | ^
was the real cause [of the Libyan war and killing of . Gadhafi]. The regime, sitting on massive amounts of gold, estimated at close to 150 tons, was also pushing other African and Middle Eastern governments to follow suit.
when I do the math 150 tons of gold at $1800/oz is $8.64 billion. The US is in debth for over $15 tillion or 1736 times Gaddafi's gold. So that did not make him a big threat.
This is all about oil
VegasRage Sat, 01/14/2012 - 23:28 | %
Yes it about oil, few people recall or know that in June of 1974, Secretary of State Henry Kissinger established the US- Saudi Arabian Joint Commission on Economic Cooperation. One of the major components of this commission stated that OPEC would officially agree to sell its oil only for dollars— meaning any country purchasing oil from OPEC had to pay in U.S. dollars. This agreement enormously increased the demand for the floating dollar, as oil importing countries now had to earn or borrow dollars to pay for their oil. OPEC oil countries were soon overflowing with petrodollars and most of them ended up recycled through accounts in London and New York banks. Bottom Line: this 1974 act reestablished the dollar as the global monetary instrument and oil now replaced gold as basis for a strong dollar. Countries competed for dollars and they accumulated huge dollar reserves to sustain their own currencies.
If you think about it, it answers almost every question anyone has about what is going on in the mideast.
Willzyx Sat, 01/14/2012 - 09:26 | "^
m
Gaddafi had 150 tons of real gold. Not a futures account with MF Global or GLD shares.
walcott Sat, 01/14/2012 - 10:38 | ^
did him a lot of good in the end.
falak pema Sat, 01/14/2012 - 07:45 | ^
E| the middle east wars are firstly and foremostly about I keeping a control on the vital oil pipeline, the black gold of this age. I have posted this on a previous post and it is relevant to this thread :
The whole construct of Pax Americana since 1945 has been
built on three main axes, carefully planned by Big Business and Big Government in DC, home of the Corporate Welfare State construct :
a) Cheap Oil. When USA peaked in oil production in late 1960s as biggest world producer, early initiator of oil/motor car model
(Rockefeller- Ford national hegemony of early 20th century), the whole energy shooting match evolved around the ME oil patch, Jerusalem of oil, concentrated form of transportable fossil energy. The Seven Sisters ruled the world.
b) Exorbitant privilege. Or the USD money line hegemony and its
corruption since 1971 into debt mountain economy by Richard Nixon (Our money, your problem). With the creation of the uncontrolled Eurodollar market in 1971 onwards, the offshore USD market moved to City, LOndon. It then mushroomed into the Petrodollar market, as peak US oil allowed OPEC to become top- dog partners of Seven Sisters cartel; thus essential ingredient to Kissinger's ME shuttle diplomacy to sanctuarise the OIL patch political construct. (THe Israel/Egypt/Saudi 'defacto' alliance and planned destruction of 'pinko', third world/ soviet leaning, independent governments inherited from 1955 Bandung Asian-African conference axis). The Thatcher construct fed on the teat of the now burgeoning City financial economy. She made it the home of the Oligarchs and of deregulated 'offshore' finance, even more so than WS. SHe and Volcker snapped the 1979 inflation spiral and decoupled salary indexing to inflation. It allowed subsequent Reaganomics model to create the current deregulated, ponzi construct and the NWO that was shooed in after Berlin Wall and Soviet collapse. Now the Ponzi, bubbled risk asset economy could really begin on a world-wide scale. This synthetically financialised economy fed FIRE sector and replaced the business cycle; all the while deindustrialising the first world, thanks to international labour arbitrage and crony third world one- party controlled political collusion, to line the pockets of "the happy few". Hallelujah, land of the free became land of the totally indebted.
c) Behind the financial and energy curtain, the MIC of USA built the Arms BAzar model, subsequent to 1962 Cuba crisis. Where it became evident that NUclear first world stand off was no longer feasible. The arms bazar, (USA leading the competition against competitive might of the USSR and French, Kalashnikov and Mirage planes syndrome, to all and sundry), has built the US military global hegemony of massive military retaliation. All you have to do to understand this construct today is to look at the map of US military bases around Iran. It says it all, as it reflects the same type of MIC construct ALL over the world. Same military noose and overkill everywhere, on six continents.
SO Pax Americana based on these three fronts is now facing the inevitable fall out of its unique capitalistic construct; that splutters under debt mountain, under ever increasing rising MIC hegemony sustainance costs, under peak Oil world-wide scenario, under the alarming ecological menace which will cost more than an arm and a leg globally, if we stay on this path, and finally, under the demographic explosion world wide totally correlated to the cheap energy miracle of 20th century.
I n the face of this seemingly insurmountable challenge you don't need an IQ of 145 to realise that a huge number of black swans are now swirling around over Planet Earth, somethings got to give if we want to avoid collective mayhem as a species, become biodegradable cousins of the Dinosaurs; it has to be PAx Americana construct, as it has led us straight into this wall from where there is no issue at all. Those who rule the world are not fit to exercise this function, at least not on their own.
Paradigm change of profound magnitude is the only way out. And it will be very painful. Think 1300 century... hundred years war and the plague, and you'll understand that the 21 st century will be a bitch; unless somebody invents the perpetual energy machine without green house effect at a cost below grid parity! WHere is 'Einstein squared'? Prometheus's new son to concoct this miracle...
We never stop being the eternal optimists in the midst of our own decadence. We'll have to change our visible skins pretty fast, like the proverbial snake, to survive our own Oligarchical hubris
Conclusion : GW's take corroborates the US power construct in ME which is a global hegemonic scheme since 1950 days and ME in NODAL nerve centre on ALL three axes: Oil, Petrodollar USD hegemony money line, MIC overkill and arms bazar construct (collateral damage over time; Kissinger/Perle legacy, of Egypt under Nasser/Sadat, Irak under Saddam, Syria under Assad, Pak/afgh under surrogates, Libya under Q-Daf, Iran now as before with Saddam as spear carrier for USA/SAudi in 1980- 1989 war).
If USA loses its control of oil line, its over for pax americana and USD hegemony; simple as that. Oil is lynch pin to construct.
WHence the current sabre rattling run-up as western financial global construct melts before our eyes.
my puppy for prez Sat, 01/14/2012 - 08:02 | ^
While you make many good points, and i would I^^B largely agree with your assessment, I do not agree with your inclusion of greenhouse gasses as a clear and present danger. In fact, the C02 scare is a construct invented by the very same global oligarchs you discuss. Our co2 levels are actually lower than many times throughout history. The manufactured threat was discussed by the globalists in the 50's at the Club of Rome for the purposes of producing a global crisis which could only be solved on a GLOBAL level. ...via carbon taxes administered by a global beaurocracy. There are many brilliant scientists who have not bought into the greenhouse theory.
Now, if we are talking about the toxic cesspool in which we live, I would agree. The true threats to our ecology are pharmaceutical- poisoned waters, GMO, bio- engineering, chemtrailing, and anything which poisons the earth and humans.
The globalists have created a money- making false flag through the carbon emmissions "crisis" to deflect away from the TRUE ecological crises they are foisting upon humanity and the earth.
Thanks for posting this summary. ..it truly IS what drives the war machine. Do you read Engdahl?
flattrader Sat, 01/14/2012 - 11:05 | ^
>>>l do not agree with your inclusion of greenhouse gasses as a clear and present danger.<«
I don't really give a crap about carbon. ..I'm tired of the freakin' political/scientific debate.
I've just got a couple of questions:
What's wrong with cleaner air?
We all 'effing breath, don't we?
In the past we've used cap and tax as well as cap and trade and the economy didn't grind to a halt and the air got better. See below.
Charge polluters of all varieties and the fuckers will jump and clean up their act.
I prefer cap and tax as it will cut out banksters, traders. ..and other predatory scum. The money can go directly into funding clean tech/clean energy production and investment tax credits.
>>>During the 1980s, scientific evidence mounted that the CFCs from spray cans and refrigerants were damaging the ozone layer. The layer filters out UV light which can cause skin cancers and environmental damage. Reagan ignored the political disputes, the ideological posturing, and the claims of economic disaster - and followed the advice of the scientists. He signed into effect the Montreal protocol, banning emissions of CFCs into the atmosphere. The economic catastrophes never came to pass and the ozone layer is recovering.
When Canada became alarmed that emissions from Northeastern power plants were drifting into Canada and acidifying their lakes, Reagan proposed a market solution to the problem. He devised a cap-and- trade system whereby polluters had to pay by buying credits while companies who reduced their pollution would receive credits. In spite of initial complaints, the system worked well and it cost far less than the power companies claimed it would - and none went out of business. <<<
falak pema Sat, 01/14/2012 - 10:20 | ^
^
Puppy : I am not an expert in this field. I only read the press. But I can say this : the greenhouse effect is now admitted by the scientific community of the world. Durban 2012
proclaimed that very clearly. I know that climatology is not an emperically proven science as we understand it. I know we don't have enough data and time line to say that temperature rise seen at end of 20th century to this day, and the projections made into 2100, are man made phenomen based on scientific precision. But the correlation is getting pretty convincing, if only in the increase of ocean acidity.
That the globalists as you say, Al Gore et al, use this as a money making platform is probably true. But I for one do not feel that the scientific community as a whole, present from so many different nations at Durban, is on their paid agenda.
More appropriately to the energy debate, the renewables technology will play a vital role in the years to come to replace fossil and debased fission technology. That I do believe.
But that is my personal take. Time will tell.
Savvy Sat, 01/14/2012 - 10:29 | ^
It's all a scam.
The total solar energy absorbed by Earth's atmosphere, oceans and land masses is approximately 3,850,000 exajoules (EJ) peryear.[6] I n 2002, this was more energy in one hour than the world used in one year.
http://en.wikipedia.org/wiki/Solar_energy
Also, C02 is a result of GW not the cause of.
AnAnonymous Sat, 01/14/2012 - 15:13 | ^
Ah, US citizens, you 've got to love
_y them-
J ust as you think you have met the best of them, another pops up and surpasses the previous record holder.
All that energy is there to be taken. Story of the Indian lands once again. Nobody used the land so it was there to be taken.
Road to disaster as this vanguard US citizen starts to consider that the energy he has measured up is not already put to use, meaning he and his US citizens will strive to take their fair share of it, with very various consequences.
Especially collapsing all the systems that are fueled by this energy, in another all forms of life on Earth, practically, save some very specific lifes.
The culture of death sipping from US citizenism is very impressive.
akak Sun, 01/15/2012 - 02:59 | ^
f ■■ Blah blah blah blah blah blah blah
Cloud9.5 Sat, 01/14/2012 - 11:49 | ^
a Does not matter. China, India and the rest of the world will not shut down thier factories so that the rest of us can enjoy clean air. Whe the oil and coal runs out is when the skys will clear.
falak pema
Sat, 01/14/2012 - 12:10 | ^
u3
+1 on conclusion, but who knows what the planet will look like then. ..ONLY silver lining, both India and China are more responsive to further climate change deterioration monitoring and subsequent reset than USA!!
USA is the biggest recalcitrant on ecology front and we know why. It not the Al Gore but the OTHER scam, the energy lobby of Big Oil and business who don't want to pay more for clean air and water etc. at home. Big Oil talks ecology but acts anti- ecology in practice in congress. Great poker faced, holier than thou facade!
BennyBoy
Sat, 01/14/2012 - 07:27 | ^
To answer your title question: YES. The money monoploy wants a total monoply. Wars are never what they are advertised to be.
midtowng
Sat, 01/14/2012 - 09:18 | ^
I had forgotten that Iran had been pushing for a new Oil Bourse and selling oil in other currencies.
alephO
Sat, 01/14/2012 - 06:02 | ^
u
Interesting what the OLD Gold Backed Libyan Central Bank could achieve .
Here's a list : http://libyasos.blogspot.eom/p/gaddafi.html
I IRC, the day Nato started with their bombing "support" , they opened the NEW Central Bank ... Fiat of course !
( Start at : "Life in Libya with Leader Gaddafi:
Urban Redneck
Sat, 01/14/2012 - 05:49 | ^
"I ran, for example, is one of the few nations left in the world with a state-owned central bank" is a statement full of more BS than the BIS itslf, which incidentally has a rather limited membership.
QDaf was a Pan-Africanist (and Pan-Arabist) long before he was a terrorist and outcast the first time around. The AU wasn't and isn't setting up its own central bank anytime soon and the Gold Dinar (in Africa) was and is a pipedream (BdF and the CFA Franc are far more formidable impediments than US interests). While holding the rotating chair of the AU gives a national leader a louder microphone, what goes on behind the scenes is more important. In terms of oil settlements- China's investments in Equatroial Guinea and Nigeria are far more significant towards moving both AU and OPEC members off dollar settlement (and ironically Obiang in EqG is the current AU chair, and the last EU supported overthrow attempt of his government failed miserably). In terms of the mysterious "Gold Dinar" the GCC will introduce it long before the AU does, the interesting thing here is that the GCC holdout is the UAE and not the KSA, Kuwait, Qatar, or Bahrain where the US has stronger relationships to influence local thinking or a military presence.
If the US is locked and loaded against state owned central banks that don't freely float their currencies or settle trade in USD, then perhaps they should come up with a new strategy for dealing with the PBoC and CBRF, since their sphere of
influence is growing, and the two of the last nails in the coffin of USD hegemony for oil and global trade should be a supremely ironic PBoC currency float and the CBRF and ECB dusting off their old plans to modify their trade settlement- and Bernanke will need to seriously step up his EU handouts, and US wealth plundering if he wants to prevent.
Peter Pan Sat, 01/14/2012 - 05:10 | ^
So how does the USA deal with Russia and China who are starting to use their own currencies? When do they get bombed?
guidoamm Sat, 01/14/2012 - 05:18 | "^
I don't know about Russia. However, regardless of . where the next world war starts or why, the theater of operations will include China and a number of countries around it. Roughly speaking the next world war has to be taken to a band of land that snakes in a sort of "S" shape from India to South Korea.
We won't have to wait long to get something going. I 'd say 2015 latest.
fourchan Sat, 01/14/2012 - 03:05 | ^
well the central bankers beat america, no government is safe from the rothchilds monster.
amenjohnson Sat, 01/14/2012 - 01:47 | ^s
Fun speculation but, in the end, pure craziness. You are talking as if these leaders and/or bankers etc have any ability to have an end in view, devise a plan, coordinate it, and then carry it out - and that's assuming that the end you have in mind is even worthwhile attaining which is far from a given. Can you in your wildest dreams imagine the current leaders of EU doing that? It's laughable. Realize that the current leaders are cut from the same cloth as the imbeciles who dreamed up the monstrosity called the EU. Talk about two tier debt - the Greeks and Italians understood they could take the rest of Europe to the cleaners from day one. Obama? Come on. His view of a bank is where his check is deposited and no more. He thinks that the Central Bank is located on Randolph Street. Even the second tier of leaders is an abomination. And the bankers? Those brilliant whizerds of wall street couldn't see a tornado coming down the street as the past 4 years shows. Craziness.
BlackVoid Sat, 01/14/2012 - 04:33 | ^
"devise a plan, coordinate it, and then carry it out"
I I
you sa>
The facts contradict you TOTALLY.
Are you saying that Iraq was never invaded? Are you saying that Quaddaffi is alive and well?
guidoamm Sat, 01/14/2012 - 02:54 | ^
One last clarification.
It does not matter what currency oil is sold in. What matters is that the currency of a sovereign joins the Floating Exchange Rate mechanism. The concept of Floating Exchange Rates allows the expansion of inflation in the reserve currency thereby enabling the sovereign of the reserve currency to inflate credit markets thus enabling the financialisation of more assets and resources.
guidoamm Sat, 01/14/2012 - 02:44 | ^
Politicians by and large evolve blindly within a ^ construct they do not understand. Heck! Most economics and finance professionals have no idea what a monetary system is or how it does what it does, nor, indeed, do they understand what the ramifications of chosing one monetary system over another may be. That being the case, how could you expect a politician to know more?
"Permit me to issue and control the money of a nation, and I care not who makes its laws. (Mayer Amschel Rothschild)"
The monetary system is the ultimate and primary mover of socio/economic policy. You can be a communist, a fascist, a democrat or a republican and still ( regardles of your rhetoric or intentions) your actions will be circumscribed by the arithmetical realities of the monetary system - a monetary system this one, that is subordinated to the law of diminishing marginal efficiency.
Hence, when all major sovereign currencies are already subordinated to one currency via the magic of Floating Exchange Rates, then the law of diminishing marginal utility compels you to go after all remaining currencies and economies that do not already conform.
That is a mathematical truism of Debt Based Fiat Money.
The only other alternative would be for the stewards of the current monetary system to willingly abandon the current construct in favor of a new construct...
I n your opinion then, and in light of the evident concentration of wealth and power enjoyed by select entities, how likely is the alternative to be considered before the current system has assimilated all targets?
xcehn Sat, 01/14/2012 - 01:44 | ^
"In 2002, a classified, $250 million Defense
Department war game concluded that small, agile speedboats swarming a naval convoy could inflict devastating damage on more powerful warships. I n that game, the Blue Team navy, representing the United States, lost 16 major warships — an aircraft carrier, cruisers and amphibious vessels — when they were sunk to the bottom of the Persian Gulf in an attack that included swarming tactics by enemy speedboats. The sheer numbers involved overloaded their ability, both mentally and electronically, to handle the attack," Lt. Gen. Paul K. Van Riper, a retired Marine Corps officer who served in the war game as commander of a Red Team force representing an unnamed Persian Gulf military, said in 2008, when the results of the war game were assessed again in light of Iranian naval actions at the time. "The whole thing was over in 5, maybe 10 minutes."
http://www.nytimes.com/2012/01/13/world/middleeast/us- warns-top-iran-lea...
Dugald Sat, 01/14/2012 - 05:31 | ^
Why the hell would you let them get that close?
Taint Boil Sat, 01/14/2012 - 10:58 | ^
Why the hell would you let them get that close?
That statement has left me lost for words, for a moment
.... The reason for having a massive fleet of small and agile boats attack a carrier for example is that you CAN NOT stop them from getting close. Dude, seriously. JFC
Fire 10 sunburn missiles on a carrier and I'm betting 1 of them is getting through. Send a 100 speed boats to target "A" and I will also bet 1 makes it through. Got a 100 Gatling guns all ready to go at the same time? Not 1 malfunction? Not 1 jam-up? Sunburn missile is coming - you got 2 seconds to fire on or it's too late. Russia and China are just going to sit and watch USA attack another country? The bad guys took down some towers and you think they couldn't take down a carrier. Maybe they got 100 dolphins with mines strapped to their backs - oops didn't see that coming.
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