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Thread: Petrodollar Warfare

   
   
       
  1. #1
    Join Date
    Oct 2008
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    13,391

    Petrodollar Warfare

    Oil, Iraq and the Future of the Dollar

    This article will look more interesting with the photos. Unfortunately, I can't seem to display it. If any of the stuff below is true, the US Leaders responsible for it can be charged for crimes against humanity.
    .........

    Petrodollar Warfare by William R. Clark

    People do not realize the real reason for the Iraq war and the current war threat against Iran by the USA.

    It's not the nukes, it's not the terrorism and it's not the oil.

    It's Petrodollar Warfare - It's all about the protection and propping up of the greatest con-job in recent history, the US Petrodollar Scam.


    • Back in 1971, the USA printed and spent far more paper money than it could cover by gold. The Bretton Woods Agreement provided for convertibility of USD 35 to 1 oz of gold.
    • A few years later, the French demanded redemption of its paper-dollar holdings in gold. (That started a media war in which the US demonised the French.) But the USA rejected it as it actually didn't have enough gold for the dollars it had already printed and spent all over the world, thus committing an act of bankruptcy. So the USA went to the Saudis and cut a deal - OPEC denominate all sales of oil in US Dollars in exchange for US guarantee of the security of the House of Saud, the Saudi Royal Family. That's why the Isrealis are there with all the war weapons - to keep all the Arabs in line. That explains the hold of the Israelis over the Americans.
    • From that point on, every nation that needed to buy oil had to firstly hold US dollars, which meant that they exchanged their goods and services for dollars, which the Americans just printed.
    • The Americans bought their oil literally for free by printing those dollars. The ultimate free lunch for the Americans at the expense of the rest of the world.
    • However, the scam began to unravel when Saddam Hussein started selling Iraq's oil directly for Euro, abrogating the cozy arrangement the Americans had with OPEC. Thus Saddam had to be stopped. How?
    • Then Hugo Chavez, the Venezuela President, also started selling Venezuelan oil for currencies other than dollars. So there were a number of attempts on his life and "regime change", traceable right back to the CIA. The petrodollar cat was out of the bag.
    • The USA concocted a pretext to wage war (drama of the Twin Tower Blast during 911) and invade Iraq. The first thing the Americans did was to revert sales of oil back to dollars. The currency crisis was averted for the moment.
    • Iran President Ahmedinejad, watching all of this, decided to kick The Great Satan in the shins and did the same thing - sell oil for every currency except US dollars.
    • The shell game is coming to an end for the Americans. As the nations of the world find that they can buy oil with their own currencies instead of holding paper US dollars, more OPEC nations will abandon the dollar.
    • That will be the end of the American Empire, the end of funding for the US military and the destruction of the US economy.
    • The great scam is coming to an end and there's not a lot the USA can do about it, except start another world war.
    • Wait and Watch.... Only a few years/months ahead.
    py

  2. #2
    Join Date
    Oct 2008
    Posts
    13,391

    Unsustainable Energy Trends

    We can expect oil prices to shoot up in the near future. Choose energy-efficient cars. Better still, promote public transport.

    See attached.
    Attached Files Attached Files
    py

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