When I began this blog in 2001, I was appalled by President Bush's headlong rush to an illegal war (we were not in fact under attack). As time wore on and Bush began his assault on the Constitution and any people bold enough to criticize, I believed that "the republic is endangered more by actions of our own government than by those of any terrorist." With the election of a high-minded, compassionate, intelligent man like Barack Obama, my fears have ceased.
"Honor them with peace, not war"
United for Peace
Monday, March 10, 2003
The Village Voice has posted some Harper's-style statistics on its web site. See Blood, Stats, and Tears, week of Feb. 5-11.
A lot of Americans have bought the idea that Bush is chasing down Saddam Hussein because he was responsible for thedestruction of the World Trade Center 9-11-01. There has actually been no evidence at all put forward for that idea, but there have been many inuendoes and outright assertions. No proof.
OK, it's about oil... But what, exactly about oil? For the answer to this,we need to check out an essay, "A Macroeconomic and Geostrategic Analysis of the Unspoken Truth" by w. Clark
Copyright © 2001-03 Pam Shorey
(except the specific sources credited in quotes)
Telling numbers
The Village Voice has posted some Harper's-style statistics on its web site. See Blood, Stats, and Tears, week of Feb. 5-11.
A lot of Americans have bought the idea that Bush is chasing down Saddam Hussein because he was responsible for thedestruction of the World Trade Center 9-11-01. There has actually been no evidence at all put forward for that idea, but there have been many inuendoes and outright assertions. No proof.
- Percentage of Americans who believe that oil best explains why the U.S. would use military force against Iraq: 22
- Ranking of Iraq among countries with proven reserves of oil: 2
- Number of barrels of oil in Iraq's proven reserves: 112,000,000,000
- Year that Iraq nationalized all foreign oil holdings: 1972
- Year that U.S. oil companies were prohibited from investing in, or buying, Iraqi oil: 1991
- Year that Dick Cheney, as head of oil field equipment manufacturer Halliburton, called for the end to sanctions against Iraq: 2000
OK, it's about oil... But what, exactly about oil? For the answer to this,we need to check out an essay, "A Macroeconomic and Geostrategic Analysis of the Unspoken Truth" by w. Clark
Although completely suppressed in the U.S. media, the answer to the Iraq enigma is simple yet shocking. The upcoming war in Iraq war is mostly about how the ruling class at Langley and the Bush oligarchy view hydrocarbons at the geo-strategic level, and the overarching macroeconomic threats to the U.S. dollar from the euro. The Real Reason for this upcoming war is this administration's goal of preventing further OPEC momentum towards the euro as an oil transaction currency standard. However, in order to pre-empt OPEC, they need to gain geo-strategic control of Iraq along with its 2nd largest proven oil reserves.
This lengthy essay will discuss the macroeconomics of the `petro-dollar' and the unpublicized but real threat to U.S. economic hegemony from the euro as an alternative oil transaction currency. The following is how an astute and anonymous former-government employee/macroeconomist alluded to the unspoken truth about this upcoming war with Iraq:The Federal Reserve's greatest nightmare is that OPEC will switch its international transactions from a dollar standard to a euro standard. Iraq actually made this switch in Nov. 2000 (when the euro was worth around 82 cents), and has actually made off like a bandit considering the dollar's steady depreciation against the euro. (Note: the dollar declined 17% against the euro in 2002.)
The real reason the Bush administration wants a puppet government in Iraq -- or more importantly, the reason why the corporate-military-industrial network conglomerate wants a puppet government in Iraq -- is so that it will revert back to a dollar standard and stay that way. (While also hoping to veto any wider OPEC momentum towards the euro, especially from Iran -- the 2nd largest OPEC producer who is actively discussing a switch to euros for its oil exports)
Palema
5:44 AM
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Copyright © 2001-03 Pam Shorey
(except the specific sources credited in quotes)
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