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Old 03-17-2005, 05:20 PM
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Secret US plans for Iraq's oil

Was there ever a doubt?

http://news.bbc.co.uk/2/hi/programme...ht/4354269.stm
 

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Old 03-17-2005, 07:37 PM
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Damn! That's a bit of an eye-opener. Too bad the Bush lovers will just look at it and blame it on the liberal media or some other fallacy that helps them sleep at night.

Thanks for the post, man.
 
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Old 03-17-2005, 07:56 PM
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Good luck finding that story in a US newspaper or on a US television network.

It's really quite shameful. I wish it wasn't true.

Last edited by gorillaboy; 03-17-2005 at 08:05 PM.
 
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Old 03-17-2005, 08:03 PM
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Ya. That's a very good way to put it. I wish it wasn't true. I couldn't have put it better myself.

And you are likely also very right about not seeing that in any US media. It's disgusting. And those on the right say that the media is left biased.
 
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Old 03-17-2005, 08:06 PM
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Guys! What are you talking about?
The news today is filled with information critical to the well-being of America and the world.
See for yourself.
 
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Old 03-17-2005, 08:15 PM
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Current CNN headlines:
(this is not a joke)

-McGwire: Baseball has steroid 'problem'

-Neverland housekeeper: Kids slept with Jackson

-Red flags led police to Peterson | Death Row | Gallery

-Whistle-blower: 'Gaping holes' in oil-for-food

-Lil' Kim convicted of perjury, conspiracy

-Man charged with Letterman kidnap plot

-Disputed 9-11 flag auction back on
 
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Old 03-17-2005, 08:37 PM
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Quote:
Originally Posted by gorillaboy
In November, 2000, Iraq began selling its oil in EUROs, becoming the first OPEC country to abandon its ties to the US dollar.

What significance did this hold?

Right now Saudi Arabia and Iraq are two of the largest oil producers on the planet. Prior to the 2000 change to EUROs by Iraq, most of the oil on the planet was purchased in US dollars, as 2/3rds of the commonly traded currency in the world is US dollars. This is called a "Reserve Currency".

It is widely known and accepted that the US has struck a deal with the Saudis which provides them with US support in the Middle East, in exchange for their continued support of the US dollar by selling their oil in only US dollars. Iraq also promoted the value of the US dollar by selling their oil in that currency, but decided to sell their oil in only EUROs in 2000.

What did that mean for the US dollar?

Well, it meant that the demand for the US dollar would drop internationally ...as the many countries which obtained oil from Iraq would no longer convert their currency to US currency. Instead, they would boost the demand for EUROs by purchasing EUROs.

Iraq became the first large oil supplier in the world to begin trading in the EURO versus the US dollar. Almost immediately following it other oil producing countries began toying with the possibility of following suit. Thus, Iran, Libya, Venezuela, Russia, Indonesia, and Malaysia all began trading oil in EUROs, thereby pushing it to become the world's second "Reserve Currency".

Following 9/11 and the invasion of Afghanistan, the US quickly proceeded to invade Iraq, the only OPEC country in the world to defy the US dollar.

The US accomplished several things by invading and occupying Iraq. First, they sent a message to other OPEC countries that attempted to switch to the EURO.

Second, they now control the world's second largest oil supply.

Third, they began almost immediately trading in, yes you guessed it, US dollars ...thereby maintaining its demand.

Fourth, they now have a military presence in the center of the Middle East.

Fifth, they struck a blow against the EURO, the main competitor to the US dollar.

It is theorized that had the Iraq war/invasion/theft not taken place, and more oil producing countries switched to the EURO, the US dollar would have crashed, thereby causing a literal catastrophe of the US economy.


The Pentagon is planning for operations against Iran as early as 2005.





While the publicly stated reasons will be over Iran's nuclear ambitions, there are unspoken macro-economic drivers explaining the Real Reasons regarding the 2nd stage of petrodollar warfare.



The Israeli air force is training its crews for
long-range bombing missions against Iran.

See Israel-U.S. To Attack Iran When Ready







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Old 03-17-2005, 08:39 PM
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And Humpty Dumpty kicked ole King Kole in the shins and he said ouch.

You got to wonder about the folks that only post when certain topics come up.
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Old 03-17-2005, 08:50 PM
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Question

Quote:
Originally Posted by docquesting
And Humpty Dumpty kicked ole King Kole in the shins and he said ouch.

You got to wonder about the folks that only post when certain topics come up.
...doc, why don't you break it down for us.



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Old 03-17-2005, 09:00 PM
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Quote:
Originally Posted by docquesting
You got to wonder about the folks that only post when certain topics come up.
You got to wonder about the folks that refuse to read anything that may tarnish their lord saviour Bush.

Did you even bother to read the article, doc? Did you even entertain the idea of reading it?
 
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Old 03-17-2005, 09:02 PM
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well he does have some point, I just reviewed your posts here, and for the majority of your posts, it has to do with religion/politics or something hateful, like google or doc...

not much webmaster content in your posts,

and before you say it yes i kknow this is the lobby but I was also looking at your ratio of lobby posts to content posts
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Old 03-17-2005, 09:12 PM
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Xctly there are two main folks that seem to always only post when something like this comes up. Only seem to cause more trouble.
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Old 03-17-2005, 09:12 PM
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"..the US dollar would have crashed, thereby causing a literal catastrophe of the US economy."

So do you think that this is the reason for the invasion then?
Would a US economic crash be ok?
Would there have been a different way to prevent this crash?

This is confusing to me.
 
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Old 03-17-2005, 09:16 PM
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Humpty Dumpty wasnt sure but King Kole said heck ya that really hurts and smashes Humpty all to pieces.
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Old 03-17-2005, 09:18 PM
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Economics as well as politics are two things that I've always had a hard time understanding.

Last edited by Atom; 03-17-2005 at 09:22 PM.
 
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Old 03-17-2005, 09:21 PM
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Well the Spider didnt know what to say either or couldnt when LiL Bo Peep stepped on it. I suppose your not the only one either.
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Old 03-17-2005, 09:22 PM
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a US economic crash would result in a world economic crash. Like it or not, most countries rely on each other. This is one reason over the past 50 some odd years we have tried to keep stability in countries, wheather we suceeded or not.
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Old 03-17-2005, 09:24 PM
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In post #7, some of it makes sense but some of it doesn't. I'm not really sure what your getting at in it. I want to understand, but I am lacking in this dept.
 
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Old 03-17-2005, 09:25 PM
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Yup instead of all the Kings men trying to put Humpty together its the other way around.
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  #20 (permalink)  
Old 03-17-2005, 09:26 PM
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Quote:
Originally Posted by Jonathan VanSchaack
a US economic crash would result in a world economic crash. Like it or not, most countries rely on each other. This is one reason over the past 50 some odd years we have tried to keep stability in countries, wheather we suceeded or not.
So, did those nations mentioned start trading in euros to colapse the world economy? I just don't get it.
 
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