US Engaging In Petrodollar Warfare?

Discussion in 'Current Events' started by Woogs, Nov 21, 2011.

  1. Woogs

    Woogs Well-Known Member

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    Well that is the claim. As I have said before, Gadaffi was a strange sort, but there is no evidence of a genuine revolution and the justification we used to overthrow him doesn't stand up to even slight scrutiny.
     
  2. Margot

    Margot Account closed, not banned

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    Of course they created a central bank... the whole idea was to have some institutions ready so the country wouldn't lapse in to chaos.

    Khadafi never did anything for Libya.. except toss out their constitution and crush any dissent.

    He had NO education and he was paranoid, delusional and given to vanities like the gold dinar.

    Why do you think Libya was a pariah from 1970 thru 2004?

    I realize that some writers have created a whole war theory around gold.. but trade in gold bullion wouldn't work.. If it would Saudi Arabia has the most actual gold than anyone else in the ME or Africa.

    There is NO way to clean up Khadafi's image or his history.
     
  3. Margot

    Margot Account closed, not banned

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    Idris united the tribes... and threw out the Italians and introduced a Constitution which you likely have never read... Khadafi NEVER had the loyalty of any of the tribes that's why his army was made up of African mercenaries.

    Do you remember when he imprisoned all those Romanian nurses .. accusing them of deliberately giving Libyan children HIV?

    Khadafi was a madman.
     
  4. Woogs

    Woogs Well-Known Member

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    Sure, setting up a Central Bank in the midst of a revolution makes perfect sense. It happens all the time.

    "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? It certainly seems to indicate how extraordinarily powerful central bankers have become in our era."

    http://www.atimes.com/atimes/Middle_East/MD14Ak02.html
     
  5. Margot

    Margot Account closed, not banned

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    Of course it makes sense..you don't want the simultaneous collapse of all institutions like the police department, banking, courts etc.

    Trying to clean up Khadafi's reputation and blame the revolution on Obama or on some crackpot theory about gold dinars or oil .. is just that.. for crackpots.

    Marathon, Hess, BP, Occidental, Dutch Shell, TOTAL, ENI, Conoco Phillips are all back at work... paying anywhere from 50 t0 80% of oil revenues to the Libyan government..
     
  6. Woogs

    Woogs Well-Known Member

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    For those not familiar with what you referenced, here's Wesley Clark's comments.

    [ame="http://www.youtube.com/watch?v=SXS3vW47mOE"]The Plan -- according to U.S. General Wesley Clark (Ret.) - YouTube[/ame]

    Though I don't agree with him about electing Democrats as he mentions here, Clark lays things out in more detail in the following video.

    [ame="http://www.youtube.com/watch?v=iuVVml5Dp2s&feature=related"]War Plan, Seven Countries In Five Years - YouTube[/ame]
     
  7. SiliconMagician

    SiliconMagician Banned

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    Why does everyone love Iran so (*)(*)(*)(*)ing much? As if they are just some innocent little country being picked on by the US.

    They are a dangerous nation led by an apocalyptic religious cult with designs to rule all of the middle east. They are not some innocent Persians being "picked on" by the West.
     
  8. Woogs

    Woogs Well-Known Member

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    It's not love for Iran. It's the sheer lunacy of thinking we can just stomp around the ME overthrowing countries at will. In the case of Iran, we will be in direct conflict with Chinese and Russian interests. Did you not see what I posted about Chinese investments in Iran and the Russia/China treaty? Do you not understand the inherent danger in this?

    Here's a video I posted on another thread. Make of it what you will, but it is food for thought and shouldn't be casually dismissed.

    [ame="http://www.youtube.com/watch?v=sqYrRJt09UM&feature=related"]US Will Start WW3 by Attacking Iran - YouTube[/ame]
     
    Leffe and (deleted member) like this.
  9. cpicturetaker

    cpicturetaker New Member

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    Has been going on since Post-WWI! And AMERICANS who don't know don't know. The AMERICANS who do know and don't give a rats butt as long as it is plentiful and cheap. That hasn't changed in my lifetime! When I was TWO Britain asked us to OVERTHREW a democratically elected leader. He wouldn't roll over and give the UK the control/price they wanted for THEIR oil so WE used our CIA to get rid of the man. The country was IRAN and they have a long memory!

    (Incidentally, TRUMAN wouldn't go along with it the plan. EISENHOWER got on board).
     
  10. Woogs

    Woogs Well-Known Member

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    True enough, but now it's not for the oil itself, but to ensure that the US Dollar remains world's reserve currency. I see that policy continuing today in Ukraine. It's an attempt to de-stabilize Russia, since we can't simply overthrow a major power.

    Russia and China have for some time been using their own currencies rather than the dollar in trade between themselves. This erodes the dollar's status. Since Ukraine has turned into a big SNAFU for the US, Kerry went to Mongolia on his Asia trip and offered military cooperation, citing Mongolia as a 'stabilizing force' in the region. WTH????

    The US will do ANYTHING to protect the dollar. It's the only way to support our massive debt. It is our debt that drives our current foreign policy.
     
  11. Margot2

    Margot2 Banned

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    Saudi Arabia actually does have an OPEC quota... and if you get up to speed.. a lot of oil is bought and sold in a basket of currencies.
     
  12. Woogs

    Woogs Well-Known Member

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    Certainly a lot has happened since this thread began. You are responding to a post of mine about Ukraine, however, using Saudi Arabia as the basis for whatever point you were trying to make.

    So, sure, get me up to speed. I'd appreciate a link to something relevant to the current situation in Ukraine and the wider subject of US foreign policy geared at protecting the dollar.
     

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