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In 2000, Iraq converted all its oil transactions under the Oil for Food program to euros.[2] When U.S. invaded Iraq in 2003, it returned oil sales from the euro to the USD.[3]
The Government of the Islamic Republic of Iran takes this theory as fact. As retaliation to this policy seen as neoimperialism, Iran has made an effort to create its own Iranian Oil Bourse which started selling oil in Gold, Euros, Dollars, and Japanese Yen. In mid-2006 Venezuela indicated support of Iran's decision to offer global oil trade in the euro currency.[4]
Originally posted by sonnny1
reply to post by muzzleflash
Every Country is in a row of Dominoes.
Every Country is watching America closely.
Everything has to do with the Petrodollar, and Many Countries are slowly getting away from it.
Petrodollar warfare.
an American neoconservative specialist on foreign policy. His research areas have included state sponsors of terrorism, Iran, the Middle East, Europe (Italy), U.S.-China relations, intelligence, and Africa (Mozambique, South Africa, and Zimbabwe). He is a former consultant to the United States National Security Council, the United States Department of State, and the United States Department of Defense. He has also served as a special adviser to the United States Secretary of State. He held the Freedom Scholar chair at the American Enterprise Institute where he was a scholar for twenty years and now holds the similarly named chair at the Foundation for Defense of Democracies.
Strategy should have been: “regime change in Baghdad” (as) “one piece in an overall mission”, which should have been: “one battle … against Iran, Iraq, Syria and Saudi Arabia.”
Originally posted by muzzleflash
Scenario : US takes control of Saudi oil fields by force.
Prerequisite : Saudi interests decide to pull out of the Dollar.
They've won. They got their war against Afghanistan (planned before September 11). They're getting their war against Iraq (planned slightly after September 11). After Iraq, they plan to get their wars against Syria, Lebanon, Iran and Saudi Arabia. Last Sunday, one of them, Vice President Dick Cheney, said that President George W Bush would have to make "a very difficult decision" on Iraq. Not really. The decision had already been taken for him in the autumn of 2001.
Former CIA Director James Woolsey says the US is engaged in a world war, and that it could continue for years: “As we move toward a new Middle East, over the years and, I think, over the decades to come… we will make a lot of people very nervous.” He calls it World War IV (World War III being the Cold War according to neoconservatives like himself ), and says it will be fought against the religious rulers of Iran, the “fascists” of Iraq and Syria, and Islamic extremists like al-Qaeda. He singles out the leaders of Egypt and Saudi Arabia, saying, “We want you nervous.” This echoes the rhetoric of the PNAC, of which Woolsey is a supporter, and the singling out of Egypt and Saudi Arabia echoes the rhetoric of the Defense Policy Board, of which he is a member. In July 2002 (see July 10, 2002), a presentation to that board concluded, “Grand strategy for the Middle East: Iraq is the tactical pivot. Saudi Arabia the strategic pivot. Egypt the prize.”
Originally posted by sonnny1
reply to post by muzzleflash
Would like to see that.
I think I will also take a good look again into this theory.
Originally posted by muzzleflash
Originally posted by sonnny1
reply to post by muzzleflash
Would like to see that.
I think I will also take a good look again into this theory.
Plausible hypothesis.
Let's hope it never reaches the "working theory" stage.
Another war would suck.
And the Gulf? Arabia, where the first Arab awakening began? Where, indeed, the first Arab revolution – the advent of Islam – burst forth upon the world. There are those who say that the Gulf kingdoms will remain secure for years to come. Don’t count on it. Watch Saudi Arabia. Remember what that British diplomat wrote 130 years ago. “Even in Mecca...”
Saudi Arabia may become one of the next states to acquire nuclear weapons. The Saudis have the challenge of securing a large border area with a relatively small populace against several regional adversaries. The 1979 Iranian Revolution and subsequent overthrow of the Shah, a U.S. ally, sent shockwaves across the Gulf states and prompted the Saudis to increase defense spending and purchase the longest-range ballistic missile in the Gulf region: the Chinese CSS-2. These missiles have since reached the end of their lifecycle and the Saudi regime has since considered their replacement.
This thesis examines the potential for the Saudis to replace their aging missile force with a nuclear-tipped inventory. The United States has provided for the external security of the oil Kingdom through informal security agreements, but a deterioration in U.S.-Saudi relations may compel the Saudis to acquire nuclear weapons in order to deter the ballistic missile and WMD capabilities of its regional adversaries. Saudi Arabia has been a key pillar of the U.S. strategy in the Persian Gulf, however, a nuclear Saudi Arabia would undermine the efforts of the NPT and could potentially destabilize the Persian Gulf by initiating a new arms race in the region.
The biggest threat to the global economy could be Saudi Arabia.
Saudi Arabia has had a bi-polar relationship with America for decades. They supply us oil and we protect their Islamist Monarchy.
When President Barack Obama called for Mubarak (former president of Egypt) to step down, Saudi Arabia was furious at Obama, since Mubarak was the main ally in the region against Iran. Saudi Arabia has now looked for other allies in the region, and there have been many reports that Saudi has helped the rebels in the rebellion against President Bashar Assad of Syria, who is a strong ally of Iran.
Recently Pakistan and Saudi Arabia have been increasing ties. There are reports that if Iran attacks Saudi Arabia, Pakistan will respond possibly with nuclear weapons. Read Latest Breaking News from Newsmax.com www.moneynews.com... Urgent: Should Obamacare Be Repealed? Vote Here Now!
Originally posted by havok
reply to post by muzzleflash
If what I've read in the past has any meaning to it...
The focus is for the public to accept war in Saudi Arabia.
That justifies our reason because they want to get away from the dollar as the reserve oil currency. If they want to get away from it, the elites just make up a reason to level the country.
To make sure the price goes to $200 a bbl.
Then we open our own oilfields and profit tremendously.
Did I say we? I meant they.
We don't gain anything.
We just fund it all.
I don't know about any of you, but it sounds about right.
Originally posted by MystikMushroom
Don't we invade and occupy places that have a lot of oil? Isn't that why we haven't attacked N. Korea? We've already decimated Iraq and Afghanistan -- Israel is our "ally" along with Jordan. Why not just occupy Saudi Arabia?
EDIT:
Oh wait, I forgot that Mecca is in Saudi Arabia. We'd probably piss every Muslim the world over if we did anything to Saudi Arabia. Way to have some balls America ... *slow clap*edit on 18-4-2013 by MystikMushroom because: (no reason given)