Post by SPierce
My guess is before this Christmas.
First it was the Nazis that were the bad guys, then it was the Japs and
then the Communists. Now the bad guys are Muslims. It's the flavour of
Iran has not invaded anyone and there is no threat to the world. Here is
an editorial which explains the reasons for the anti-Iran rhetoric and
the sliding American dollar.
IRAN, BOURSE AND THE U.S. DOLLAR
By Ed Haas
January 28, 2006
On November 10th 2005, the Muckraker Report published an article that
described one of the unspoken reasons why the United States had to
invade Iraq; to liberate the U.S. dollar in Iraq so that Iraqi oil could
once again be purchased with the petrodollar. See The liberation of the
U.S. Dollar in Iraq
In November 2000, Iraq stopped accepting U.S. dollars for their oil.
Counted as a purely political move, Saddam Hussein switched the currency
required to purchase Iraqi oil to the euro. Selling oil through the U.N.
Oil for Food Program, Iraq converted all of its U.S. dollars in its U.N.
account to the euro. Shortly thereafter, Iraq converted $10 billion in
their U.N. reserve fund to the euro. By the end of 2000, Iraq had
abandoned the U.S. dollar completely.
Two months after the United States invaded Iraq, the Oil for Food
Program was ended, the country’s accounts were switch back to dollars,
and oil began to be sold once again for U.S. dollars. No longer could
the world buy oil from Iraq with the euro. Universal global dollar
supremacy was restored. It is interesting to note that the latest
recession that the United States endured began and ended within the same
timeframe as when Iraq was trading oil for euros. Whether this is a
coincidence or related, the American people may never know.
In March 2006, Iran will take Iraq’s switch to the petroeuro to new
heights by launching a third oil exchange. The Iranians have developed a
petroeuro system for oil trade, which when enacted, will once again
threaten U.S. dollar supremacy far greater than Iraq’s euro conversion.
Called the Iran Oil Bourse, an exchange that only accepts the euro for
oil sales would mean that the entire world could begin purchasing oil
from any oil-producing nation with euros instead of dollars. The Iranian
plan isn’t limited to purchasing one oil-producing country’s oil with
euros. Their plan will create a global alternative to the U.S. dollar.
Come March 2006, the Iran Oil Bourse will further the momentum of OPEC
to create an alternate currency for oil purchases worldwide. China,
Russia, and the European Union are evaluating the Iranian plan to
exchange oil for euros, and giving the plan serious consideration.
If you are skeptical regarding the meaning of oil being purchased with
euros versus dollars, and the devastating impact it will have on the
economy of the United States, consider the historic move by the Federal
Reserve to begin hiding information pertaining to the U.S. dollar money
supply, starting in March 2006. Since 1913, the year the abomination
known as the Federal Reserve came to power, the supply of U.S. dollars
was measured and publicly revealed through an index referred to as M-3.
M-3 has been the main stable of money supply measurement and transparent
disclosure since the Fed was founded back in 1913. According to Robert
McHugh, in his report (What’s the Fed up to with the money supply?),
McHugh writes, “On November 10, 2005, shortly after appointing Bernanke
to replace Greenbackspan, the Fed mysteriously announced with little
comment and no palatable justification that they will hide M-3 effective
March 2006.” (To learn more about Robert McHugh's work, please visit [Read]
Is it mere coincidence that the Fed will begin hiding M-3 the same month
that Iran will launch its Iran Oil Bourse, or is there a direct threat
to the stability of the U.S. dollar, the U.S. economy, and the U.S.
standard of living? Are Americans being set up for a collapse in our
economy that will make the Great Depression of the 1930’s look like a
bounced check? If you cannot or will not make the value and stability of
the U.S. currency of personal importance, if you are unwilling to demand
from your elected officials, an immediate abolishment of the Federal
Reserve Act of 1913 and the fiat money scheme that the banking cartel
has used for nearly a century now to keep our government and our people
in a state of perpetual debt, than you are faced with but two
alternatives, abject poverty, or invading Iran.
The plans to invade Iran are unspoken, but unfolding before our very
eyes. The media has been reporting on Iran more often, and increasingly
harshly. For the U.S. government to justify invading Iran, it must first
begin to phase out the War in Iraq, which it is already doing. Next, it
must portray the Iranian President, Mahmoud Ahmadinejad, as a threat to
the region and the world. Finally, once naive American people are
convinced the “weapons of mass destruction” that were to be found in
Iraq are actually in Iran, coupled with the almost daily media coverage
of Iran’s nuclear power / weapons program aspirations, and what we will
soon have on our hands is another fabricated war that will result in
tens of thousands of civilian lives being lost, all because the
political elected pawns in Washington DC lack the discipline to return
our currency to a gold or silver standard, end the relationship with the
foreign banking cartel called the Federal Reserve, and limit the
activities of the U.S. government to those articulated in Article I
Section 8 of the Constitution for the United States of America.
When a wayward and corrupt fiscal policy and fiat currency, coupled with
runaway government spending, forces a nation to only be able to sustain
the value of its currency with bullets, the citizenry of the country
involved in wars primarily to sustain its currency have historically
first became slaves to their government, and then to the nations that
finally conquer them. If you question the validity of such a premise, or
whether it could happen to the United States of America, study the fall
of the Roman Empire. If you read the right books on the subject, you’ll
quickly discover that towards the end of the Roman reign, the Roman
Empire was doing exactly what America is doing today; attempting to
sustain a failed fiat money system with bullets.
Understanding fiat money is not an easy task, and the Federal Reserve,
World Bank, and International Monetary Fund have purposely made it that
way. They do not want the American people to realize that the money in
their wallet loses its value with each new dollar that they print. They
do not want people to understand that our money does not become money
until it is borrowed. When the Federal Reserve has money printed, when
it is in uncut sheets of paper, it is not yet money. After it is cut,
bundled, and placed into the Federal Reserve vaults, it still is not
money. It only becomes money once it is borrowed. Consequently, if all
debt were to be paid, if the United States didn’t have an $8 trillion
national debt and the American people were debt free, and if all loans
of U.S. dollars made to foreigners were paid in full, there would be
exactly zero U.S. dollars in circulation because it will have all been
returned to the vaults of the Federal Reserve. This might seem hard to
fathom, but it is the gospel of fiat money.
The major news media in the United States, fed by Washington DC which in
turn is fed by the Federal Reserve, literally, has already begun
conditioning the American people for invading Iran. Media accounts of
Iran’s nuclear ambitions along with amplification of the potential
instability and core evilness of Iran’s president, Mahmoud Ahmadinejad,
is setting the stage to spring the invasion of Iran on the American
people. There does appear to be a direct correlation between the winding
down effort underway in Iraq and the increase of anti-Iran rhetoric. How
American soldiers ultimately arrive in Tehran is uncertain at this time,
but it is reasonable to expect that if the Iran Oil Bourse opens for
business in March 2006 as planned, it will only be a matter of time
before the United States will have to blow it up.
If the United States invades Iran, or if Israel starts military actions
by launches missiles at Iran’s nuclear power facilities, which then
opens the door for the United States to intervene, most Americans will
believe that our military actions in Iran will be to defend freedom and
liberty while spreading democracy, when the truth is that we’ll be
fighting a war in Iran because of our nation’s relationship with the
Federal Reserve, a so-called bank that is not owned by the federal
government, maintains no reserve, and isn’t a bank at all, but a cartel.
Just like our war in Iraq, Americans and foreigners will die in battle
so that the historical power bankers and brokers; cartel members such as
Rothschild, Morgan, Lehman, Lizard, Schrader, Lobe, Kuhn, and
Rockefeller to name a few, can continue collecting interest on every
single U.S. coin and dollar bill in circulation, while controlling the
U.S. Congress to the extent that the U.S. taxpayer becomes the
collateral and lender of last resort to cover bad loans and unpaid debts
that these institutions create by loaning money to third world
countries, some of which are devout enemies of the United States.
Remember the $400 billion savings & loan bailout approved by the U.S.
Congress during the Reagan Administration? America is still paying for
it – you and me, and so will our children and grandchildren.
It is well overdue for Americans, every American, to do whatever it
takes to fully understand the relationship between the United States and
the Federal Reserve, along with the grave consequences of our current
fiat money system; for even if the United States wanted to continue to
sustain the supremacy of the U.S. dollar with bullets, it is
historically, impossible. When bullets become the commodity to secure a
currency, it is a clear sign of devastating calamity looming. To ignore
the warning signs, is to suffer like you have never suffered before, or
to die. Harsh words, but true.