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Thursday, February 02, 2006

The art of deception: Is it war for oil or war to save the dollar?



By Sultan MuhammadUpdated Feb 2, 2006, 04:01 pm

“The strong-hold of the American Government is falling to pieces. She has lost her prestige among the nations of the earth. One of the greatest powers of America was her dollar. The loss of such power will bring any nation to weakness, for this is the media of exchange between nations. The English pound and the American dollar have been the power and beckoning light of these two great powers... But when the world went off the gold and silver standard, the financial doom of England and America was sealed.”

—The Honorable Elijah Muhammad,“The Fall of America”

Bernanke could lead America to fulfill the words of the Honorable Elijah Muhammad (FCN, 02-02-2006)

(FinalCall.com) - These prophetic words of the Honorable Elijah Muhammad during the early sixties could well be at the root of the fear which prompted the aggressive attack on Iraq as well as the future aggression on Iran in a desperate attempt by the neoconic (neoconservative) mindset to save the threatened U.S. petrodollar.

The petrodollar is simply the U.S. dollar being used as the sole medium of exchange by all countries to buy or trade oil. This contributes to the illusion that the dollar—with nothing to back it—has a value.

“But today,” as the Honorable Elijah Muhammad’s words continue to ring true, “the currency of America is not backed by any sound value, silver or gold. The note today is something that the government declares it will give you the value in return, but does not name what that value is. But they definitely are not backing their currency with silver or gold.”

Some analysts, therefore, believe that this false value of the terminal petrodollar led to the Iraq war and will lead to a military confrontation with Iran. >>>cont

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