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Sunday, January 29, 2006

Beating Around the Bush By the Bourse


By Ingmar Lee

Only the uninformed believed Bush when he said it was WMD's that made him attack, invade, occupy and massacre Iraq. Most of us thought it was to steal Iraq's oil, but we were only partly right. What totally terrorized the tyrranical Texan tycoon was when Saddam played the oil bourse card in November, 2000. When Saddam started selling Iraqi oil in euro's, he jeopardized the U.S. dollar's hegemony as the world's supreme foreign exchange transaction currency. - The oil grab is a sideshow. The main feature is the oil bourse.

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Petrodollar Warfare: Oil, Iraq and the Future of the Dollar:

Iran's plan to launch an energy trading exchange supports its desire to establish a geopolitical bloc with a Eurasian epicentre, anchored by Iran, China, Russia, and Europe, preferably including India (which is why America is bribing India with nuclear technology).

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