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6139008-History-of-Money

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<strong>of</strong> two sovereign nations. You know what’s a real tragedy? A full one-third <strong>of</strong> the US population actually believes that Iraqwas behind 9-11 and that Bush found the weapons <strong>of</strong> mass destruction in Iraq. Clearly, a large percentage <strong>of</strong> us believesIran has nuclear weapons and that America is in danger <strong>of</strong> being attacked by Iran. No democracy can work when peopletake their responsibility as citizen so lightly as to be so totally and utterly ignorant.In brief, the invasion is to establish the globalist economic colonization (see a section on this later in the book; as forAfghanistan, it’s about controlling China, energy pipelines and reviving the multi-billion dollar drug trade which the Talibanhad eradicated; see also THE CONNECTION BETWEEN MONEY, ISRAEL AND OIL). By invading Iraq, Bush has taken overthe Iraqi oil fields, and persuaded the UN to lift production limits imposed after the Kuwait war. Bush could even attackthe Opec oil-pricing cartel. Control over Iraqi oil should improve security <strong>of</strong> supplies to the US, and possibly the UK, withthe development and exploration contracts between Saddam and China, France, India, Indonesia and Russia being setaside in favour <strong>of</strong> US and possibly British companies. And a US military presence in Iraq is an insurance policy against anyopposition in Iran and Saudi Arabia. Overseeing Iraqi oil supplies, and maybe soon supplies from other Gulf countries,would enable the US to use oil as power. In 1990, the then oil man, Dick Cheney, wrote that: "Whoever controls the flow<strong>of</strong> Persian Gulf oil has a stranglehold not only on our economy but also on the other countries <strong>of</strong> the World as well." In the70s, the US agreed with Saudi Arabia that Opec oil should be traded in dollars. American governments have since beenable to print dollars to cover huge trading deficits, with the further benefit <strong>of</strong> those dollars being placed in the US moneymarkets. In return, the US allowed the Opec countries to operate a production and pricing cartel. Over the past 15 years,the overall US deficit with the rest <strong>of</strong> the World has risen to $3 Trillion - an abuse <strong>of</strong> its privileged currency position.Although about 80% <strong>of</strong> foreign exchange and half <strong>of</strong> World trade is in dollars, the euro provides a realistic alternative.Euro countries also have a bigger share <strong>of</strong> World trade, and <strong>of</strong> trade with Opec countries, than the US. In 1999, Iranmooted pricing its oil in euros, and in late 2000 Saddam made the switch for Iraqi oil. In early 2002 Bush placed Iran andIraq in the axis <strong>of</strong> evil. If the other Opec countries had followed Saddam's move to euros, the consequences for Bushcould have been huge. Worldwide switches out <strong>of</strong> the dollar, on top <strong>of</strong> the already huge deficit, would have led to aplummeting dollar, a runaway from US markets and dramatic upheavals in the US.Saddam made the switch from Dollar to Euro long before 9-11, in November 2000. The oil sales permitted in the oil forfood program aren’t very much. But when the sanctions would be lifted, the sales from the country with the secondlargest oil reserves on the planet would have been moving to the euro. The U.S. dollar is in a sensitive period because theUS is a debtor nation. If oil, a very solid commodity, is traded on the euro, that could cause massive, almost glacial, shiftsin confidence in trading on the dollar. So one <strong>of</strong> the first executive orders that Bush signed in May [2003] switched tradingon Iraq’s oil back to the dollar. That’s in addition to buying out Iraqi companies at a penny on the dollar and taking overIraq’s Central Bank! Another reason has to do with US military-basing posture in the region. US Banksters had been verydissatisfied with US relations with Saudi Arabia, particularly the restrictions on US basing. And also there wasdissatisfaction from the people <strong>of</strong> Saudi Arabia. So the Banksters were looking for alternate strategic locations beyondKuwait, beyond Qatar, to secure something they had been searching for since the days <strong>of</strong> Carter — to secure the energylines <strong>of</strong> communication in the region. Iraqis were not about to invite the US in and create its 800th base in the World (yesthere are close to 800 known US bases around the World to ensure that the Banksters-BankLords get what they want).The objectives <strong>of</strong> Bush, the new Hitler, are many. In the first place, to take over the gas tank <strong>of</strong> World capitalism,which is none other than the Persian Gulf. Bush knows full well that the oil produced by his country, the motor driving theproduction <strong>of</strong> the World economy, will inevitably be exhausted within 10 years. In 40 years there will be no more oil lefton the planet. It's a race against time. According to the Statistical Review, the discovery <strong>of</strong> new energy reserves is falling<strong>of</strong>f alarmingly. These have grown by only 5% in the last decade, compared to 45% in the decade before. Sixty-five percent <strong>of</strong> the reserves are located in the Middle East. The US consumes 20 million barrels a day, compared to the 77 millionproduced each day throughout the World, <strong>of</strong> which only 10 million is produced by the North-Americans who thereforedepend on the rest <strong>of</strong> the World so they can go on being an imperial power. The purpose <strong>of</strong> attacking Iraq, the World'ssecond largest reserve <strong>of</strong> petroleum, is to control these deposits, control its price and control its production. It's nothingto do with hidden weapons or anything else. As Galeano says, if Iraq produced radishes instead <strong>of</strong> oil, who would evenconsider invading the country?Bush's second game plan is to discipline his ally Saudi Arabia, the World's number one oil producer and largest energyreserve. The third aim, as revealed by the undersecretary <strong>of</strong> state, John Bolton, last February, is to invade Iran andSyria. And, if winds are favourable, why not include Libya and Sudan in the Holy <strong>of</strong> Holies? The fourth step is to destroyOPEC and control the World's fossil fuels. If it doesn't expropriate these and find alternatives in time, North-Americancapitalism will be forced to change its model <strong>of</strong> national consumption, and with it perhaps lose the fulcrum <strong>of</strong> its globalhegemony. The fifth aim is the succulent bandwagon business <strong>of</strong> reconstructing Iraq, onto which are leaping many <strong>of</strong> the500, mainly US, multinationals dominating the World. No less important is the sixth objective, which lives <strong>of</strong>f theteachings <strong>of</strong> Lord Keynes; using the war industry to pull the US economy out <strong>of</strong> the deep zero-growth recession whichit is in. Let's not forget that winning a war is not about imposing one's military supremacy over an adversary, but beingable to reap the financial returns there<strong>of</strong>, the reason why it was unleashed in the first place. I cannot help bringing up onelast aim, which is perhaps the most important one <strong>of</strong> all in this war: imposing the supremacy <strong>of</strong> the dollar over the euro,which has recently been giving the dollar a thrashing on unexpected fronts, and threatened the privileged position <strong>of</strong> theUS in the crude oil market. The dollar has been falling in relation to the euro, some 17%, figures that would have beenhard to believe when the single European currency was set up. Part <strong>of</strong> this fall is due to the Iraqi decision to transfer 10billion dollars <strong>of</strong> its reserves to the common European currency. Russia is also operating in petroeuros, and Iran andseveral other OPEC countries are considering whether to abandon the dollar and adopt the euro. Should this happen, theThe Hidden <strong>History</strong> Of <strong>Money</strong> & New World Order Usury Secrets Revealed at last! Page 501

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