List of Iran Topics
Iran and the Euro-Dollar War Called Oil
Iran plans to sell oil to Europe for euros.
The transaction is called bourse, take from a French bank.
This could bankrupt the dollar.
So the Iran War may not be about nuclear bombs, but the dollar via oil.
Carlyle Group - links for research - Forest Glen Durland
End of Dollar Hegemony - Ron Paul
Federal Reserve debunked
Google Search - Much to read there.
Irans Oil Exchange threatens the Greenback - Mike Whitney.
Iran-USA, beginning of a major world crisis - The Oil Wars, or Hoily Wars; the Threat of the Iranian Bourse
Money Is Unreal - Forest Glen Durland
Paper Money and Tyranny - Ron Paul. This article predicts the Hoily Wars and the huge deficit.
Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse - William Clark.
Also see Terrorist List
Carlyle Group research. Sent to Congressmen Lewis, Paul and Walden.
The Iranian Bourse could bankrupt the American dollar and end US global supremacy. For this reason it might be said that the Iranian War will be about the dollar, not oil on nukes. I not only agree, it is if someone paraphrased my book, Money Is Unreal, with the exception that gold and silver are not the answer, but a move in a better direction. Money must be based on the value of American labor and our natural resources that labor touches. I have been warning about the Fed and global monetary control for over a decade. Now it coming to a head.
Money must represent American labor plus the American natural resources that labor touches. Gold is but a move in the correct direction.
MEL Formula shows to balance the amount of money in the economy.
HON. RON PAUL OF TEXAS
Before the U.S. House of Representatives
February 15, 2006
"The End of Dollar Hegemony"
"Price inflation is raising its ugly head, and the NASDAQ bubble-- generated by easy money-- has burst. The housing bubble likewise created is deflating. Gold prices have doubled, and federal spending is out of sight with zero political will to rein it in. The trade deficit last year was over $728 billion. A $2 trillion war is raging, and plans are being laid to expand the war into Iran and possibly Syria. The only restraining force will be the worlds rejection of the dollar. Its bound to come and create conditions worse than 1979-1980, which required 21% interest rates to correct. But everything possible will be done to protect the dollar in the meantime. We have a shared interest with those who hold our dollars to keep the whole charade going."
"Now, a new attempt is being made against the petrodollar system. Iran, another member of the axis of evil, has announced her plans to initiate an oil bourse in March of this year. Guess what, the oil sales will be priced Euros, not dollars."
"With what most Muslims perceive as our war against Islam, and this recent history, theres little wonder why Iran might choose to harm America by undermining the dollar. Iran, like Iraq, has zero capability to attack us. But that didnt stop us from turning Saddam Hussein into a modern day Hitler ready to take over the world. Now Iran, especially since shes made plans for pricing oil in Euros, has been on the receiving end of a propaganda war not unlike that waged against Iraq before our invasion.
Its not likely that maintaining dollar supremacy was the only motivating factor for the war against Iraq, nor for agitating against Iran. Though the real reasons for going to war are complex, we now know the reasons given before the war started, like the presence of weapons of mass destruction and Saddam Husseins connection to 9/11, were false. The dollars importance is obvious, but this does not diminish the influence of the distinct plans laid out years ago by the neo-conservatives to remake the Middle East."
"If oil markets replace dollars with Euros, it would in time curtail our ability to continue to print, without restraint, the worlds reserve currency."
"But then again, our failure to find Osama bin Laden and destroy his network did not dissuade us from taking on the Iraqis in a war totally unrelated to 9/11.
Concern for pricing oil only in dollars helps explain our willingness to drop everything and teach Saddam Hussein a lesson for his defiance in demanding Euros for oil.
"And once again theres this urgent call for sanctions and threats of force against Iran at the precise time Iran is opening a new oil exchange with all transactions in Euros.
"Using force to compel people to accept money without real value can only work in the short run. It ultimately leads to economic dislocation, both domestic and international, and always ends with a price to be paid.
"The economic law that honest exchange demands only things of real value as currency cannot be repealed. The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or Euros. The sooner the better."
Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse
by William Clark. Published on 3 Aug 2005 by Media Monitors Network. Archived on 9 Aug 2005.
The upcoming bourse will introduce petrodollar versus petroeuro currency hedging, and fundamentally new dynamics to the biggest market in the world - global oil and gas trades. In essence, the U.S. will no longer be able to effortlessly expand its debt-financing via issuance of U.S. Treasury bills, and the dollars international demand/liquidity value will fall.
Irans Oil Exchange threatens the Greenback
by Mike Whitney. January 23, 2006
This is what author Krassimir Petrov, Ph.D in economics, says in a recent article The Proposed Iranian Oil Bourse: From a purely economic point of view, should the Iranian Oil Bourse gain momentum, it will be eagerly embraced by major economic powers and will precipitate the demise of the dollar. The collapsing dollar will dramatically accelerate U.S. inflation and will pressure upward U.S. long-term interest rates. At this point, the Fed will find itself between between deflation and hyperinflation-it will be forced fast either to take its "classical medicine" by deflating, whereby it raises interest rates, thus inducing a major economic depression, a collapse in real estate, and an implosion in bond, stock, and derivative markets, with a total financial collapse, or alternatively, to take the Weimar way out by inflating, whereby it pegs the long-bond yield, raises the Helicopters and drowns the financial system in liquidity, bailing out numerous LTCMs and hyperinflating the economy.
The Federal Reserve System is the worst fraud in American history, if not all history.
Creature of Jenkyl Island exposes the Fed, notable in Chapter Ten. (My apologies to the author for this reprint. Every member of Congress should have this book on his desk.) Auther Griffin explains that the IRS is not even needed, existing only to draw attention away from the real activity in the back room. Forest adds that the IRS also draws money from the people to keep them poor, while putting additional profits into the hoppers of the banklords. Griffin stops short of stating that money must represent the value of American labor, plus the American natural resources that labor touches.
Enter <Iranian Bourse> into Google and stand back.
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