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< HOME  Sunday, December 04, 2005

the Truth behind US hostility towards IRAN

Nuclear weapons?

No.

Mullahs?

Guess again.

Try, Iran is preparing to sell oil in Euros.

As long as petroleum is traded in dollars the American dollar will remain the world's principal reserve currency, the center of the global monetary system.

"Iran could take some business away from the two incumbent energy exchanges, the International Petroleum Exchange and the New York Mercantile Exchange who both invoice sales solely in dollars."

"Whoever controls the volume of money in any country is absolute master of all industry and commerce." --President James A. Garfield

What about those who control the volume of money worldwide?

But remember, MONEY is nothing but TRUST, conveniently printed on paper.

4 Comments:

At Sun Dec 04, 03:38:04 PM EST, brookskof said...

Saddam also wanted to trade oil in euros:
http://archives.cnn.com/2000/WORLD/meast/10/30/iraq.un.euro.reut/

 
At Sun Dec 04, 05:49:45 PM EST, Fred Bieling said...

That makes a Shiite dominated fundimentalist Iraq look even more attractive.

 
At Mon Feb 06, 08:18:11 PM EST, Byrne said...

. Saddam Hussein declared in September 2000 that he would sell Iraq’s oil in Euros instead of US Dollars. September 2000 was also the date of the PNAC declaration of their required New Pearl Harbour. For an excellent detailed background of the connection between US Petrodollar hegemony & the Iraq War see http://www.ratical.org/ratville/CAH/RRiraqWar.html .

 
At Sat Mar 04, 01:48:26 PM EST, romunov said...

Dang, you guys beat me to it!

 

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