- Jan 23, 2006
- Reaction score
- Political Leaning
- Slightly Liberal
http://www.informationclearinghouse.info/article11743.htmGSS7881 said: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.