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Annexing Khuzestan; battle-plans for Iran
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The bottom line on the bourse is this; the dollar is underwritten by a national debt that now exceeds $8 trillion dollars and trade deficits that surpass $600 billion per year. That means that the greenback is the greatest swindle in the history of mankind. It’s utterly worthless. The only thing that keeps the dollar afloat is that oil is traded exclusively in greenbacks rather than some other currency. If Iran is able to smash that monopoly by trading in petro-euros then the world’s central banks will dump the greenback overnight, sending markets crashing and the US economy into a downward spiral. The Bush administration has no intention of allowing that to take place. In fact, as the tax-cuts and the budget deficits indicate, the Bush cabal fully intends to perpetuate the system that trades worthless dollars for valuable commodities, labor, and resources. As long as the oil market is married to the dollar, this system of global indentured servitude will continue.Battle Plans
The Bush administration’s attention has shifted to a small province in southwestern Iran that is unknown to most Americans. Never the less, Khuzestan will become the next front in the war on terror and the lynchpin for prevailing in the global resource war. If the Bush administration can sweep into the region (under the pretext disarming Iran’s nuclear weapons programs) and put Iran’s prodigious oil wealth under US control, the dream of monopolizing Middle East oil will have been achieved. Not surprisingly, this was Saddam Hussein’s strategy in 1980 when he initiated hostilities against Iran in a war that would last for eight years. Saddam was an American client at the time, so it is likely that he got the green-light for the invasion from the Reagan White House. Many of Reagan’s high-ranking officials currently serve in the Bush administration; notably Rumsfeld and Cheney. Khuzestan represents 90% of Iran’s oil production. The control over these massive fields will force the oil-dependent nations of China, Japan and India to continue to stockpile greenbacks despite the currency’s dubious value. The annexing of Khuzestan will prevent Iran’s bourse from opening, thereby guaranteeing that the dollar will maintain its dominant position as the world’s reserve currency. As long as the dollar reigns supreme and western elites have their hands on the Middle East oil-spigot, the current system of exploitation through debt will continue into perpetuity. The administration can confidently prolong its colossal deficits without fear of a plummeting dollar. (In fact, the American war-machine and all its various appendages, from Guantanamo to Abrams Tanks, are paid for by the myriad nations who willingly hold reserves of American currency)
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“the dollar is underwritten by a national debt that now exceeds $8 trillion dollars and trade deficits that surpass $600 billion per year. That means that the greenback is the greatest swindle in the history of mankind. It’s utterly worthless.”
THE US DEBT TO GDP RATIO (WHICH IS THE RELEVANT FIGURE) IS 34 ON THE LIST OF WORLD COUNTRIES (http://en.wikipedia.org/wiki/List_of_public_debt). GERMANY, JAPAN, FRANCE, AND ITALY ARE HIGHER. SO FOLKS ARE GOING TO DROP DOLLARS FOR WHICH CURRENCY?
“If Iran is able to smash that monopoly by trading in petro-euros then the world’s central banks will dump the greenback overnight, sending markets crashing and the US economy into a downward spiral.”
ANY COUNTRY CAN TRADE THEIR DOLLARS FOR EUROS INSTANTANEOUSLY ANYTIME (IMMEDIATELY AFTER OIL IS PURCHASED, FOR EXAMPLE); COUNTRIES HOLD DOLLARS BECAUSE THE DOLLAR IS MORE LIKELY TO HOLD VALUE IN THE LONG TERM THAN EUROS –NO MATTER WHO ACCEPTS WHAT CURRENCY FOR OIL PURCHASES.
“If the Bush administration can sweep into the region (under the pretext disarming Iran’s nuclear weapons programs) and put Iran’s prodigious oil wealth under US control, the dream of monopolizing Middle East oil will have been achieved.”
SWEEP INTO THE REGION WITH WHAT TROOPS? THEY ARE ALREADY STRETCHED THIN IN IRAQ. BUSH WOULD FACE A CIVIL WAR IN IRAQ AND AND AN ALL OUT BATTLE IN IRAN. NOT LIKELY.
Your creative thought is admirable; believing it is more than pure fantasy is foolish.