Category Archives: Iraq

Iraq, officially the Republic of Iraq is a country in Western Asia spanning most of the northwestern end of the Zagros mountain range, the eastern part of the Syrian Desert and the northern part of the Arabian Desert.

After Iraq, Libya, Iran now Russia wages Petrodollar War

April 29, 2014

The Ministry of Finance (MoF) on President Putin’s order yesterday accelerated the opening of the St. Petersburg Exchange (SPE), where prices for Russian oil and natural gas will be set in rubles instead of US dollars.

Putin’s order regarding the SPE was in direct response to the US placing sanctions yesterday upon Igor Sechin the CEO of the Russian energy giant Rosneft and a nominated board member of the SPE, and of which Deputy Minister for foreign relations, Sergey Ryabkov, had warned: “A response of Moscow will follow, and it will be painfully felt in Washington DC.”

Sechin, was directly threatened by the Obama regime earlier this month due to his October 2013 remarks at the World Energy Congress in Korea where he called for a “global mechanism to trade natural gas” and went on suggesting that “it was advisable to create an international exchange for the participating countries, where transactions could be registered with the use of regional currencies”.

Sechin, as one of the most influential leaders of the global energy trading community now has the perfect instrument to make this plan a reality with the SPE where reference prices for Russian oil and natural gas will be set in rubles instead of US dollars and could literally destroy the petrodollar.

As we reported earlier already Russia and India are planning to remove the Dollar, meanwhile many speculators believe that the Yuan may already have become a de facto reserve currency. Also to be noted is the epic $30 Billion Oil Pipeline undertaken by Russia, India, China that could shift the Geopolitical balance.

The use of this “Financial Nuclear Weapon” (the sale of oil in a currency other than the US dollar) which was previously deployed by Saddam Hussein, resulted in the total destruction of Iraq, but it failed to deter other countries angry with the highhandedness of the US.

Libya made another attempt and it resulted in the destruction of the country and the brutal murder of its leader Muammar Gaddafi.

Next was Iran. The US and the global financial war party found it much more difficult to isolate and annihilate Iran, even when it was threatened with outright nuclear attack by US and Israel. And in spite of unprecedented sanctions against Iran (which constitute economic warfare and are war crimes in itself), Iran stood defiant.

The leading members of BRICS (Brazil, Russia, India, China and South Africa) Russia and China restrained themselves so as to preserve global stability.

However, the war party faction of the US took such restraint as weakness and went on a spree of regime change throughout the world to undermine the growing strength of BRICS.

The “straw that broke the camels’ back” was the unbridled and reckless coup against the elected President of Ukraine by US and NATO and orchestrated by the US State Department and led by the war-monger Victoria Nuland, who openly admitted that the US had disbursed through such organizations as the National Endowment for Democracy (NED) over $5 Billion to facilitate the coup. Further to this just a couple of days back as reported by Bodhita US backed elite ‘Rape-Murder’ Alpha Squads were captured in Ukraine.

Critical to understand about the current Ukrainian Crisis, is that it has “absolutely nothing” at all to do with either Ukraine or its people, but should be understood for what it really is…a “sledgehammer” the US is attempting to use against Russia to prevent the opening and expansion of the SPE.

By perpetually expanding the US money supply, it’s important to note, America’s standard of living for its elite classes increases as well. The only problem with this situation is that the only way that it can be sustained is if the demand for the dollar and for US debt securities remains consistently strong.

Grasping this last point is extremely important. For if the artificial global US dollar demand, made possible by the petrodollar system, were ever to crumble, foreign nations who had formerly found it beneficial to hold US dollars would suddenly find that they no longer needed the massive amounts that they were holding.

This massive amount of dollars, which would no longer be useful to foreign nations, would come rushing back to their place of origin… America.

Obviously, an influx of dollars into the American economy would lead to massive inflationary pressures within their economic system and collapse it, along with that of the EU too.

It is difficult to overstate the importance of this concept as the entire American monetary system literally hinges on this dollars for oil system. Without it, Washington would lose its permission slip to print excessive numbers of dollars.

With thousands of NATO-backed Romanian troops now moving to the Ukraine border, along with British and French fighter jets now being deployed to Lithuania and Poland to join their recently arrived US military allies, it cannot be ruled out that the US will attempt to start a war with Russia in order to protect their petrodollar scheme.

In spite of the fact that all Russian military forces have returned to their permanent bases and Minister of Defense Sergei Shoigu assured his US counterpart Secretary of Defense Chuck Hagel yesterday during an hour long phone conversation that Russia had no intention of invading Ukraine, Moscow has become increasingly “alarmed” by the combined US-NATO military buildup on its borders that Minister Shoigu called “unprecedented”.

As for the Ukrainian people themselves being used as pawns by the US against Russia in this “petrodollar war”, their lives are quickly turning from despair to outright misery as they are forced to swallow the “bitter pill” being forced upon them by the International Monetary Fund (IMF) which is forcing their fuel and energy costs to skyrocket and taxes being raised on everything from alcohol to tobacco, not to mention the tens-of-thousands of public jobs being made redundant (layoffs and firings) and the nearly 5% cut in payments to pensioners.

Even worse for these “US Pawns”, wages now in Ukraine are, as a rule, not enough to feed a family, and the devaluation of their currency will make it totally impossible for these people to absorb these costs.

On the other hand, Western currency speculators will be able to profit from fluctuations in Ukraine’s currency and multinational corporations stand to benefit from privatization of those state assets that haven’t already been sold off.

It is critically important to note that back in 2008, when the US brought the world to the very brink of total economic collapse, then Deputy Prime Minister Dmitry Medvedev warned that Russia should seize opportunities created by the weak US dollar. “Today, the global economy is going through uneasy times,” he said. “The role of the key reserve currencies is under review. And we must take advantage of it.”

Six years later that is what Putin is doing…nobody can say that they weren’t warned.

Source

CONFLICT: Media spin on opposition to US military action in Syria predictable, pathetic

by: ST on September 7, 2013 at 9:07 am

Have y’all noticed the emerging liberal media spin on the opposition to US military intervention in Syria where the mediots insinuate or outright say that the reason most Americans aren’t behind us taking direct action there is due to the “deception over Iraq” – translation: Blame Bush? Of course, liberal politicos like Nancy Pelosi have repeated this talking point over and over again, and even former British Prime Minister Tony Blair, our staunchest ally during the Iraq war, has said more or less the same. But the media picking up with it and running with it as if its an unassailable assertion is a prime example of much of what is wrong with the US media today.

Is America war-weary? Absolutely. Between Afghanistan and Iraq, the American people are tired of seeing their sons and daughters come home with life-altering injuries, or in body bags, are tired of hearing about how the murders of innocents by jihadis are continuing in both Iraq and Afghanistan, NOT exactly what we signed on for when we went to war in both countries. Are some Americans understandably skeptical about the rationale given by the administration and their allies to date on why we “must” intervene in Syria, considering the massive stockpiles of WMD we thought were in Iraq that were never found there? Yes. Are these the only considerations the American people are taking when it comes to determining whether or not to support action in Syria? No.

The real issue here is not weariness and skepticism due to Iraq. It’s the fact that our celebrity President, the supposed “greatest speech-giver evahh!!!!” hasn’t made a convincing case to date on Syria action, nor have the doves-turned-hawks in his party, nor have his adoring press. Why do you think he’s going before the American people next week? Because the communications/PR effort on this issue has been a disaster from the get-go, and this administration knows it. And they also know the more information that comes out about the Christian-hating jihadi “rebel forces” who oppose Assad, the likelihood that the opposition to using force in Syria will continue to grow.

Read more:  Sister Toldjah « Don’t dis or dismiss this miss! Sister Toldjah.

Punch Drunk in the Oval Office

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Helle Dale
March 28, 2012 at 9:15 am

Could someone get the President some new speechwriters? President Obama is woefully in need of new vocabulary, as a recent expose by Danish television hilariously and embarrassingly reveals.

For leaders of smaller nations, a meeting and a photo op with the American President in the White House is always a huge thrill. And so Danish Prime Minister Helle Thorning-Schmidt was no exception when she received the presidential treatment on February 24, basking in the glow of President Obama’s approval. The President (rightly) praised Denmark’s military contribution in Afghanistan and Libya, saying that the small Nordic country of 4.5 million people ”punches above its weight.”

As sweet as this praise must have been to the ears of the Danish prime minister, it was soon tempered by revelations that President Obama is very free with the use of this phrase. Danish television clipped together a montage showing Obama complimenting the leaders of Norway, Ireland, and the Philippines in exactly the same words, all for ”punching above their weight.” President Obama apparently has not used the expression about the British, despite the fact that he borrowed it from British Foreign Minister Douglas Hurd.

The conservative Danish newspaper Jyllands–Posten noted that Obama must really be pleased with the Danes, as he said the same thing to the previous Danish prime minister, Lars Løkke Rasmussen, during his state visit last year, sitting in the very same armchairs under the same picture of George Washington. Meanwhile, an editorial in the left-of-center newspaper Politiken grumbled that it was the unfortunate Danish desire to ”punch above their weight” that had gotten the Danes involved in the Iraq war and other American affairs. The newspaper advocated that Danes stick to their own bantam weight class in the future.

The real question might be, however, whether the United States under President Obama is punching below its weight, making the contributions of others seem all the greater. From premature military withdrawals from Iraq and Afghanistan to selling out U.S. missile defense to the Russians and mouthing mechanical blandishments to U.S. allies like the Danes, President Obama is squandering a great foreign policy legacy.

Helle C. Dale is Senior Fellow in Public Diplomacy at The Heritage Foundation—and a native of Denmark.

Posted in American Leadership

The U.S. Government Funded the Iranian Terrorist Group Which “Found” The Documents Upon Which the Warmongers Are Relying

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Submitted by George Washington on 01/15/2012 15:33 –0500

The people pushing for war against Iran are the same neocons who pushed for war against Iraq. See this and this. (They planned both wars at least 20 years ago.)

The IAEA report being trumpted as a casus belli contains no new information, but is based on a re-hashing of old, debunked claims stemming from “laptop documents”.

Wikileaks documents reveal that the new IAEA head was heavily backed by the U.S., based upon his promises of fealty to the U.S.  Indeed, as we’ve seen in the nuclear energy arena, the IAEA is not a neutral, fact-based organization, but a wholly-captured, political agency.

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But where did the documents come from originally?

As Gareth Porter noted in 2008:

The George W. Bush administration has long pushed the “laptop documents” – 1,000 pages of technical documents supposedly from a stolen Iranian laptop – as hard evidence of Iranian intentions to build a nuclear weapon. Now charges based on those documents pose the only remaining obstacles to the International Atomic Energy Agency (IAEA) declaring that Iran has resolved all unanswered questions about its nuclear programme.

But those documents have long been regarded with great suspicion by U.S. and foreign analysts. German officials have identified the source of the laptop documents in November 2004 as the Mujahideen e Khalq (MEK), which along with its political arm, the National Council of Resistance in Iran (NCRI), is listed by the U.S. State Department as a terrorist organisation.

Interestingly, the Bush Administration – and especially Dick Cheney – helped to fund the MEK (see confirming articles here and here).

And the New York Times, Washington Post and others are reporting that Rudy Giuliani, former Homeland Security Secretary Tom Ridge, former national security adviser Fran Townsend and former Attorney General Michael Mukasey are supporting the MEK as well.

So the terrorist group which “found” the documents is funded by neoconservatives who want to overthrow Iran. What a coincidence!

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And as Gareth Porter notes in the above-linked article, the Mossad may have created the documents in the first place:

There are some indications, moreover, that the MEK obtained the documents not from an Iranian source but from Israel’s Mossad.

One thing is clear: the U.S. and its allies have a long history of using forged documents as an excuse for war.

Source

Saudi Arabia stops Oil Expansion Plan, Switches to Natural Gas

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Saudi Arabia has stopped $100bn expansion of its oil production capacity after reaching a target of 12m barrels a day and now plans to shift its spending priorities to natural gas, refining and the chemicals business, media reports said.

Expectation that new oil resources like Libya and Irqa will meet rising demand has been cited as the reason behind this decision.

Libya has resumed oil production and Iraq is coming out as the biggest contributor to the global oil supply growth between 2010 and 2035, adding more than 5 million barrels a day.

The kingdom is, therefore, not pushing ahead with an assumed expansion plan to produce 15 million barrels a day by the end of 2020.

Source

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