Monday, December 19, 2005

Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse

Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse

The following is taken from

Concerning Iran, recent articles have revealed active Pentagon planning for operations against its suspected nuclear facilities. While the publicly stated reasons for any such overt action will be premised as a consequence of Iran's nuclear ambitions, there are again unspoken macroeconomic drivers underlying the second stage of petrodollar warfare – Iran's upcoming oil bourse. (The word bourse refers to a stock exchange for securities trading, and is derived from the French stock exchange in Paris, the Federation Internationale des Bourses de Valeurs.)
In essence, Iran is about to commit a far greater “offense” than Saddam Hussein's conversion to the euro for Iraq’s oil exports in the fall of 2000. Beginning in March 2006, the Tehran government has plans to begin competing with New York's NYMEX and London's IPE with respect to international oil trades – using a euro-based international oil-trading mechanism.[7]
The proposed Iranian oil bourse signifies that without some sort of US intervention, the euro is going to establish a firm foothold in the international oil trade. Given U.S. debt levels and the stated neoconservative project of U.S. global domination, Tehran’s objective constitutes an obvious encroachment on dollar supremacy in the crucial international oil market.Posted Dec 18, 2005 08:35 AM PSTCategory: IRAN


Sunday, December 11, 2005

Israel readies forces for possible strike on Iran

Taken from

Israel readies forces for strike on nuclear Iran
Israel's armed forces have been ordered by Ariel Sharon, the prime minister, to be ready by the end of March for possible strikes on secret uranium enrichment sites in Iran, military sources have revealed.Posted Dec 11, 2005 07:13 AM PSTCategory: ISRAEL

Of course, nobody but the US and Israel claims Iran has "secret uranium enrichment sites", and the IAEA never found any. Indeed this is an obvious repeat of the run=up to the Iraq war, in which the US and Israel; kept insisting they knew where Saddam's nuclear weapons plants were, yet could never actually provide a single location to the UN where the claims could be verified.

So, here is the game plan. Israel (which really does have nuclear weapons and delivery systems), will scream that Iran (which does NOT have nuclear weapons of delivery systems) is a threat, and bomb the Iranian power station, just as they did Iraq's in 1981. Iran will have no choice but to respond to this obvious act of war. And who is sitting right on the path from Iran to Israel? YOUR KIDS. And it is evil enough that Israel has so arranged things they they will hide safely behind your dying kids, but the US Congress and the President are LETTING THEM DO IT. The Us Government is ALLOWING Israel to use American kids as a shield from behind which Israel will strike at her enemies with impunity.

I wonder how much Israel paid the Congress for your kids' lives.