PetroEuros & Invading Iran
Washington, August 8th, 2005 -- The announcement that Iran is to begin pricing its petroleum products in euros and create an "Iranian Oil Bourse" for trading oil, in direct competition with New York and London has sent the Oil Barons into a tail spin.
Convinced that their grab of Iraqi oilfields after Saddam dared to announce that he was moving to the Euro should have taught the Iranians a lesson, the NeoCons under Cheney and Rumsfeld seek to up the stakes in their "Old Mans Poker Game". Any moron who still believes that Iraq was either invaded for the threatening Weapons of Mass Destruction and to create a democratic state in the Middle East should stop reading now, and take their medication. But now the stakes are much higher, and the odds are not in our favor. NeoCon military planners even go so far as to contemplate using first strike nuclear weapons.
Others, outside of the carefully controlled mainstream media are warning against such folly. William Clark wrote:
"In essence, Iran is about to commit a far greater "offense" than Saddam Hussein's conversion to the euro for Iraq's oil exports in the fall of 2000. Beginning in March 2006, the Tehran government has plans to begin competing with New York's NYMEX and London's IPE with respect to international oil trades – using a euro-based international oil-trading mechanism. The proposed Iranian oil bourse signifies that without some sort of US intervention, the euro is going to establish a firm foothold in the international oil trade. Given U.S. debt levels and the stated neoconservative project of U.S. global domination, Tehran's objective constitutes an obvious encroachment on dollar supremacy in the crucial international oil market.
From the autumn of 2004 through August 2005, numerous leaks by concerned Pentagon employees have revealed that the neoconservatives in Washington are quietly – but actively – planning for a possible attack against Iran. In September 2004 Newsweek reported:
Deep in the Pentagon, admirals and generals are updating plans for possible U.S. military action in Syria and Iran. The Defense Department unit responsible for military planning for the two troublesome countries is "busier than ever," an administration official says. Some Bush advisers characterize the work as merely an effort to revise routine plans the Pentagon maintains for all contingencies in light of the Iraq war. More skittish bureaucrats say the updates are accompanied by a revived campaign by administration conservatives and neocons for more hard-line U.S. policies toward the countries…'"
A PetroEuro would shatter the illusion, swallowed by the gullible voters, that all is just fine in the US Economy. At present the printing presses can churn out as many dollar bills as the President needs for his latest folly. It doesn't matter if all the US factories and workshops are closed down, and everyone is in paper debt up to their ears, just print more money and give them a tax break to keep them quiet. Then collect all the paper debt together and get another loan from China.
What makes the scenario more frightening is that this week the Saudis announced they were withdrawing $360 Billion of their investments and a large chunk of that will affect the United States. What will be the excuse for invading and grabbing their oilfields?
The need to maintain US Economic Supremacy is an essential goal of any Administration, but to destroy jobs and dismantle production at home, and conduct illegal and very risky military invasions of sovereign states is not the best policy. Sadly it is the only policy of the Bush/Cheney NeoCons.
Their belief is that without jobs the masses, especially Blacks and Hispanics will gladly volunteer to serve the cause, and die in the far off Middle East. The ruling elite will continue ruling, and the Status Quo maintained. Sounds like another Conspiracy Theory. No, just look at the story of Iraq and judge for yourself.
I firmly believe the United States could maintain it's economic superpower status by legal and beneficial means. Throwing the working population onto the scrap heap and threatening the rest of the world with "Shock and Awe" is not the answer. Too many essential young men and women will be sacrificed for this ill conceived ideological folly.
Iran is 10 years away from nuclear weapons. If the world, or more important China, Russia, Pakistan and India sees that a belligerent bully is about to destroy Iran, and their own oil supplies, then Iran could have nuclear weapons within hours to strike back at US oil interests in Saudi Arabia, and US military facilities in the region, on land and at sea. Remember the amateur GovernorPaul Bremmer cancelled all contracts made with Russia, China and Europe after the US invaded Iraq.
The military Hawks demanded that President Kennedy invade Cuba, for how could Fidel stand up to the mighty US war machine. Had they done that Disney World would probably still look like Hiroshima. The military had poor intelligence and hadn't counted on the nuclear weapons already in place.
Tread carefully for unless the US military can guarantee 100% success in the first minutes of an invasion, or attack, then the slaughter of US and British forces that will ensue will make parents and loved ones across the country sick to their stomachs.