Yet Another Post By Cord MacGuire On the GAV Listserv
by Angry White LiberalFascinating reading.
Forgive the deluge, or delete it, but this one by Whitney
lays out just what’s at stake over Bush’s obsession w/Iran.
Who’s heard of Khuzestan? I’m only vaguely aware of some
rumblings & meddlings in that oil-rich Iranian province. -CordAnnexing Khuzestan; Battle-Plans for Iran
////////////////////////////////
by Mike Whitney
InfoClearingHouse
http://www.informationclearinghouse.info/article11743.htm
February 1, 2006In less than 24 hours the Bush administration has won impressive victories
on both domestic and foreign policy fronts. At home, the far-right
Federalist Society alum, Sam Alito, has overcome the feeble resistance from
Democratic senators; ensuring his confirmation to the Supreme Court. Equally
astonishing, the administration has coerced both Russia and China into
bringing Iran before the United Nations Security Council although (as
Mohamed ElBaradei says) “There’s no evidence of a nuclear weapons program.”
The surprising capitulation of Russia and China has forced Iran to abandon
its efforts for further negotiations; cutting off dialogue that might
diffuse the volatile situation.“We consider any referral or report of Iran to the Security Council as the
end of diplomacy,” Ali Larijani, secretary of Iran’s Supreme National
Security Council, told state television.The administration’s success with Iran ends the diplomatic charade and paves
the way for war. Now, UN Ambassador John Bolton will appear before the
Security Council making spurious allegations of “noncompliance” that will
rattle through the corporate media and prepare the world for unilateral
military action.The administration has no hope of securing the votes needed for sanctions or
punitive action. The trip to the Security Council is purely a ploy to
provide the cover of international legitimacy to another act of unprovoked
aggression. The case has gone as far as it will go excluding the requisite
“touched up” satellite photos and bogus allegations of unreliable
dissidents.We should now be focused on how Washington intends to carry out its war
plans, since war appears to be inevitable.Those who doubt that the Bush-Cheney-Rumsfeld team will attack Iran, while
so conspicuously overextended in Iraq, are ignoring the subtleties of the
administration’s Middle East strategy.Bush has no intention of occupying Iran. Rather, the goal is to destroy
major weapons-sites, destabilize the regime, and occupy a sliver of land on
the Iraqi border that contains 90% of Iran’s oil wealth. Ultimately,
Washington will aim to replace the Mullahs with American-friendly clients
who can police their own people and fabricate the appearance of
representative government. But, that will have to wait. For now, the
administration must prevent the incipient Iran bourse (oil-exchange) from
opening in March and precipitating a global sell-off of the debt-ridden
dollar. There have many fine articles written about the proposed
“euro-based” bourse and the devastating effects it will have on the
greenback. The best of these are “Petrodollar Warfare: Oil, Iraq and the
Future of the Dollar” by William R. Clark, and “The Proposed Oil Bourse” by
Krassimir Petrov, Ph.D.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.
http://www.informationclearinghouse.info/article11743.htm
One Response to “Yet Another Post By Cord MacGuire On the GAV Listserv”
Leave a Reply
You must be logged in to post a comment.
February 14th, 2008 at 11:29 pm
Foreign Exchange, Trade Of Currencies…
Foreign exchange is market where exchange of currencies takes place for another currency. Foreign exchange is the exchange activity takes place between currencies and provides liquidity and accessibility to the traders availing the service provided….