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Are The Middle East Wars Really About Forcing the World Into Dollars and Private Central Banking?
The Middle Eastern and North African wars – planned 20 years ago – don’t necessarily have much to do with fighting terrorism. See this, this and this.
They are, in reality, about oil.
And protecting Israel (and read the section entitled “Securing the Realm” here).
But as AFP reports today, there is another major motivation for the expanding wars:
The latest round of American sanctions are aimed at shutting down Iran’s central bank, a senior US official said Thursday, spelling out that intention directly for the first time.
“We do need to close down the Central Bank of Iran (CBI),” the official told reporters on condition of anonymity, while adding that the United States is moving quickly to implement the sanctions, signed into law last month.
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Foreign central banks that deal with the Iranian central bank on oil transactions could also face similar restrictions under the new law, which has sparked fears of damage to US ties with nations like Russia and China.
“If a correspondent bank of a US bank wants to do business with us and they’re doing business with CBI or other designated Iranian banks… then they’re going to get in trouble with us,” the US official said.
Why is the U.S. targeting Iran’s central bank?
Well, multi-billionaire Hugo Salinas Price told King World News:
What happened to Mr. Gaddafi, many speculate the real reason he was ousted was that he was planning an all-African currency for conducting trade. The same thing happened to him that happened to Saddam because the US doesn’t want any solid competing currency out there vs the dollar. You know Gaddafi was talking about a gold dinar.
As I noted in August:
Ellen Brown argues in the Asia Times that there were even deeper reasons for the war than gold, oil or middle eastern regime change.
Brown argues that Libya – like Iraq under Hussein – challenged the supremacy of the dollar and the Western banks:
Later, the same general said they planned to take out seven countries in five years: Iraq, Syria, Lebanon, Libya, Somalia, Sudan, and Iran.
What do these seven countries have in common? In the context of banking, one that sticks out is that none of them is listed among the 56 member banks of the Bank for International Settlements (BIS). That evidently puts them outside the long regulatory arm of the central bankers’ central bank in Switzerland.
The most renegade of the lot could be Libya and Iraq, the two that have actually been attacked. Kenneth Schortgen Jr, writing on Examiner.com, noted that “[s]ix months before the US moved into Iraq to take down Saddam Hussein, the oil nation had made the move to accept euros instead of dollars for oil, and this became a threat to the global dominance of the dollar as the reserve currency, and its dominion as the petrodollar.”
According to a Russian article titled “Bombing of Libya – Punishment for Ghaddafi for His Attempt to Refuse US Dollar”, Gaddafi made a similarly bold move: he initiated a movement to refuse the dollar and the euro, and called on Arab and African nations to use a new currency instead, the gold dinar. Gaddafi suggested establishing a united African continent, with its 200 million people using this single currency.
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And that brings us back to the puzzle of the Libyan central bank. In an article posted on the Market Oracle, Eric Encina observed:
One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned … Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a sovereign nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.
Alex Newman wrote in November:
According to more than a few observers, Gadhafi’s plan to quit selling Libyan oil in U.S. dollars — demanding payment instead in gold-backed “dinars” (a single African currency made from gold) — was the real cause [of the Libyan war and killing of Gadhafi]. The regime, sitting on massive amounts of gold, estimated at close to 150 tons, was also pushing other African and Middle Eastern governments to follow suit.
And it literally had the potential to bring down the dollar and the world monetary system by extension, according to analysts. French President Nicolas Sarkozy reportedly went so far as to call Libya a “threat” to the financial security of the world. The “Insiders” were apparently panicking over Gadhafi’s plan.
“Any move such as that would certainly not be welcomed by the power elite today, who are responsible for controlling the world’s central banks,” noted financial analyst Anthony Wile, editor of the free market-oriented Daily Bell, in an interview with RT. “So yes, that would certainly be something that would cause his immediate dismissal and the need for other reasons to be brought forward [for] removing him from power.”
According to Wile, Gadhafi’s plan would have strengthened the whole continent of Africa in the eyes of economists backing sound money — not to mention investors. But it would have been especially devastating for the U.S. economy, the American dollar, and particularly the elite in charge of the system.
“The central banking Ponzi scheme requires an ever-increasing base of demand and the immediate silencing of those who would threaten its existence,” Wile noted in a piece entitled “Gaddafi Planned Gold Dinar, Now Under Attack” earlier this year. “Perhaps that is what the hurry [was] in removing Gaddafi in particular and those who might have been sympathetic to his monetary idea.”
Investor newsletters and commentaries have been buzzing for months with speculation about the link between Gadhafi’s gold dinar and the NATO-backed overthrow of the Libyan regime. Conservative analysts pounced on the potential relationship, too.
“In 2009 — in his capacity as head of the African Union — Libya’s Moammar Gadhafi had proposed that the economically crippled continent adopt the ‘Gold Dinar,’” noted Ilana Mercer in an August opinion piece for WorldNetDaily. “I do not know if Col. Gadhafi continued to agitate for ditching the dollar and adopting the Gold Dinar — or if the Agitator from Chicago got wind of Gadhafi’s (uncharacteristic) sanity about things monetary.”
But if Arab and African nations had begun adopting a gold-backed currency, it would have had major repercussions for debt-laden Western governments that would be far more significant than the purported “democratic” uprisings sweeping the region this year. And it would have spelled big trouble for the elite who benefit from “freshly counterfeited funny-money,” Mercer pointed out.
“Had Gadhafi sparked a gold-driven monetary revolution, he would have done well for his own people, and for the world at large,” she concluded. “A Gadhafi-driven gold revolution would have, however, imperiled the positions of central bankers and their political and media power-brokers.”
Adding credence to the theory about why Gadhafi had to be overthrown, as The New American reported in March, was the rebels’ odd decision to create a central bank to replace Gadhafi’s state-owned monetary authority. The decision was broadcast to the world in the early weeks of the conflict.
In a statement describing a March 19 meeting, the rebel council announced, among other things, the creation of a new oil company. And more importantly: “Designation of the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and appointment of a Governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.”
The creation of a new central bank, even more so than the new national oil regime, left analysts scratching their heads. “I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising,” noted Robert Wenzel in an analysis for the Economic Policy Journal. “This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences,” he added. Wenzel also noted that the uprising looked like a “major oil and money play, with the true disaffected rebels being used as puppets and cover” while the transfer of control over money and oil supplies takes place.
Other analysts, even in the mainstream press, were equally shocked. “Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power?” wondered CNBC senior editor John Carney. “It certainly seems to indicate how extraordinarily powerful central bankers have become in our era.”
Similar scenarios involving the global monetary system — based on the U.S. dollar as a global reserve currency, backed by the fact that oil is traded in American money — have also been associated with other targets of the U.S. government. Some analysts even say a pattern is developing.
Iran, for example, is one of the few nations left in the world with a state-owned central bank. And Iraqi despot Saddam Hussein, once armed by the U.S. government to make war on Iran, was threatening to start selling oil in currencies other than the dollar just prior to the Bush administration’s “regime change” mission. While most of the establishment press in America has been silent on the issue of Gadhafi’s gold dinar scheme, in Russia, China, and the global alternative media, the theory has exploded in popularity.
A reader comments:
No one is paying attention to the petro-dollars and the current desperation of European and US banks. Even Iran prices oil in $$$s per the treaty after WWII, but no one wants $$$s any more because it has been such a poor investment vehicle. Gold has been much better. Iraq did not want $$$s, was invaded. Libya did not want $$$s, was invaded (I believe they wanted gold). Iran does not want $$$. The dollars are deposited in US and European banks. The dollars standing as the finacial reserve currency of the world was / is being threatened, and thus the Federal Reserve Banks ability to print unlimited dollars!
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Perhaps if you changed your name to Lord Curzon Stomp Revival for I couldn't agree more. And of course according to Zero Hedge "the US is having second thoughts vis a vis the Strait of" is it YourMooo's? Cuzcooz? Shouldsnooze? However you say it "this is not trues/trues." and...well...how can this economic devastation of Iran not be construed as an act of war as...we are told..."the US is winding down operations in the Middle East"??!!! Great comment.
Holy cow. Bit of a stretch don't you think? You should come back down to earth and realise that the reason for the War on Terror is to "bring the evil doers to justice".
"bring the evil doers to justice".
Malleus Maleficorum all over again, eh?
+1
"If you see something, say something"
They are going to blame everybody, with the goal to create an unlimited supply of enemies and wrong-doers.
When brothers will betray each other, thats when the whole shit will self-destruct,
I hope for a little love-revolution before that happens...
Why sacrifice your loved ones to serve the machine, when you have to die anyway some day?
Just to clarify, which holy cow are you listening to?
And to spread democracy. Ijust see those images of the purple fingers and my heart fills with pride for what we are doing over there.
Henry Kissinger:
Nazi
Neocon
Sociopath
Three strikes, you're out.
Oh contraire! It was the great Dr. Kissinger that secured U.S. hegemony in the late 20th century, creating a single united western world alliance. So succesful that with the decay of the Soviet empire and his awesome diplomacy with China, we now a single overall world order. We still have a few stragglers (Iran, NK), but they will be brought into line soon. And it's not perfect, there are bumps in the road, but the machine operates reasonably well. A truly brilliant man that understands the power structure at all levels. A true patriot of the world.
Novus Ordo Seclorum!
You had me laughing out loud from the first post. Some of the most deftly handled sarcasm I've ever seen. Cheers to you, brother!
Perhaps Obama should hire Kissinger, they keep digging deeper and deeper into the bilge to do the woman thing and it's getting more and more embarassing for the US.
I just read that they inked the YASREF deal. Not only that- but Wen is on a tour of the bathtub (ex Iran). I think the Yanbu industrial estate will offtake a good chunk of the 400kbpd, but if China is the marginal puchaser, then KSA is off the dollar standard (partially) no later than 2014.
The good news is that where Obama apparently doesn't bow low enough to certain kings, or appologize loud enough, and lets US oil majors pull out of refining volume in KSA and thereby thowing open a wide door for the Chinese, Wen has an interest in protecting his oil supply and closing the Strait screws with that - so there is probably a side trip for some messengers to speak to the Iranians going on now, of course- if the US shoots first then all bets are off...
Maybe. The Coalition of the Willing can fuck with Iran well into 2014 without disrupting Yanbu. It's on the Red Sea coast of KSA - and if I was China Petrochemical Corp, I would be delighted that all KSA oil had to come out Yanbu, or Jeddah ...
Oh, right. Because they hate our freedoms.
and they really hate our new and improved freedoms now with 30 percent less constitution
Constitution austerity?
LOL!
NDAA! It makes the US Military the "highest law in the land". Go ahead, try to argue that why don't you.
That is the definition of martial law: when the Military, not the Executive Branch, certainly not The Legislative Branch, or the Judicial Branch, has the final say.
Get used to the idea folks: The USA is under Martial Law.
But they hate us for our freedoms! What a joke.
too bad carbon credits didn't end up being the new dollar peg lol! i guess we'll get global warming the nuclear way.
Before the civil unrest in America gets out of hand, it will be best to wrap the citizens in the flag and start WWIII. If you protest, the choice will be a FEMA camp if you are older than 35, or 3 hots and a cot in the US military at a younger age.
The new false flag will have to be a doozy in order to convince the 99%, a majority of which are walking economic and political zombies.
I don't everyone elses plans but I'll head a few miles south and escape to Mexico.
I wish I could disagree. Kind of why the citizen's actions here affect so many citizens everywhere else
William Engdahl claims the euro is being targeted, by wall street, for the same reason.......too much competetion for the dollar............makes sense to me..........
Engdahl's books are a must read! http://www.engdahl.oilgeopolitics.net/ Full Spectrum Dominace......A Century of War....Gods of Money......
Who is China's #1 trading partner by almost double than the US? Who destroyed the EU with derivitives and CDO's? Who's fraud got Greece admitted? Can anyone realistically claim that this was not all planned? China and Russia are the targets.
William does good work
No doubt!
THe Euro is extremely viable longterm as illustrated in recent years and current events and needs an outside force to attack it. Excellent work by Bill! He should title it the earth is flat and the sky is green.
Do get that selling something that is obviously ending up worthless is not an attack?
100% for sure! I have posted it 127 times in between the evil bankster and zionista posts the last 13years. Others have been saying it for 40yrs.
Been so right on target all that time too.
75% of all world commerce in 1972
63% of all commerce in 2009
Died 8 times in the middle years, had a new supposed super currency created in the midst to bury it.
The world has done such a great job that even as recently as last week it was buying US bonds obviously denominated in dollars yielding less than the transactions costs.
At the current rate in 200yrs the world will have created an alternative.
George you do get as long as the US can sell it's bonds internationally at virtual zero percent it makes your entire premise ludicrous, right?
All US military action is to save the dollar.
BTW it was good the yanks invaded Afghanistan for all it's oil too.
BTW II thanks for the awesome laugh, Daffy killed as a threat to create a new super African currency. Dude you come up with some of the best crap on the planet! OF course anyone taking it seriously is an imbecile but otherwise it is awesome material.
Glad to the see that the internet "water army" is alive and well.
Hope you realize that once you've served your purpose, you too will be tossed aside, like so much muck.
I think GW is sitting on some of those Mugabe million dollars bills and looking for appreciation. A currency of Zaire, Somalia and Sudan? What could go wrong hahahahha
Well done GW!
From the U. S. Treasury viewpoint. all wars are for the purpose of forcing countries into the USD. The objective of commerce is always conquest.
http://georgesblogforum.wordpress.com/2011/11/02/the-daily-climb-2/
as was said wisely by a fellow zh'r, why use your own oil when others will give it away for paper? and well, i might add(sarc), bullets make for a favorable barter when dead president's lose their power to convince.
Uh yeah, pretty mooch. Been saying all this fer awhile.
i posted something to that effect a few weeks ago when japan and china made their currency trade agreement using their own currencies instead of dollars. i projected the take down of japan this year because of it and the ultimate target being china(and russia) and the renmimbi. ww3 has begun. the shooting will start very soon.
Soon, probably. But there needs to be a catalyst. Ain't nothin' gonna happen without a catalyst.
It could be a Eurpacalypse, it could be Iran, it could be a false flag, but there needs to be something or else the economy will stay on the Fed's life support for another year. This shitshow could last all year.
could be a black swan, a totally unrelated event or some dude immolating himself or false flag. the more critical the situation the less reason is needed as an excuse or rational behavior.
Any Archdukes out for a drive anywhere?
Nope, just Iranian nuclear scientists getting blown up while driving around town.
Here is a Catalyst for you... http://www.jimstonefreelance.com/ Sitting somewhere, and waiting...
Okay... I went there. Pretty freaky! I know this is a theory of his, but there is too little documentation to support his idea for my liking. I always picture myself telling someone something, and them saying "Can you give me proof?" And I hate to be caught in that position w/o some backup. I'm not saying it couldn't be true....but I would just like to see a bit more to bolster it. Or maybe I was missing something...
Can you help me out?
Must... maintain... dollar... hegemony... (gasp!)
That's why TPTB are shit scared about the China/Russia and China/Japan (Plus other similar arrangements) agreements to conduct trade in their own currencies, bypassing the dollar. The problem for TPTB is that these countries are slightly more difficult to invade. Underestimate the Chinese at your own peril.
You fell victim to one of the classic blunders. The most famous is 'Never get involved in a land war in Asia,' but only slightly less well known is this: 'Never go in against a Sicilian when death is on the line.'"
King Rahrah!!!
Bernanke will kick your ass with his unlimited paper bitchez. No one can stand against the awesome power of the printing press. No one.
Printing ain't shit compared to violence and death--GW gets my thumbs up--+1--I remember just a short while ago a guy that was using silver tokens to foster barter had all his silver stolen by the gov't and he was jailed after losing everthing else. US gov said he was counterfieting and a "terrorist" and every other name they could think of. Any one on this site that thinks it's about anything other than money and power and total control and a "new world order" is stupid or blowing smoke for TPTB. I could gurantee that any one on this site with a million or more in PMs that starts to do business with PMs will be dead and buried quick, or anyone who holds a position in PMs of a million or more will lose that position if they try to take possession. OK trolls --what are your theorys again?
"who knows what evil lurks in the
hearts of men? the troll knows. "
US government resembles a totalitarian regime more and more, and it scares the shit out of the rest of the world.
The rest of the world is very cautious now. And yes, there is a REST OF THE WORLD.
There are even OTHER TPTBs, the world is not at all in the hands of one single TPTB-Mafia, dont think that for a second.
Its in the nature of this total-power-game, a lot of backstabing and betrayal going on inside TPTB, why would anyone
think they are loyal and faithful to each other?
New World Order my ass, more like New World Chaos
Nation states are now giant crime syndicates - competing mobs.
As long as it's nice and legal.
Just as the internet empowers the people with access to free unfiltered information,
if everyone could grow his own food and harness his own energy, the power of states and nations would disappear immediately.
They can try to keep that technology away from us, but once we have it, its would be easier for us, to collectively just switch off the governments of the world.
I hope I will live long enough to see that happen.
I think it makes more sense for TPTB to co-operate intra-nationally, in the way that banks within countries co-operated to set up central-banking - the collusion is superficially against their competing interests, but together the are able to inflate more, so they all win..
The biggest threat to the dollar racket is other, competing currencies. People think most currencies compete with each other, but this isn't true - central banks co-operate and open swap windows to keep 'approved' currencies afloat. If you're not one of the 'approved' currencies, forget it - any economic blip and currency chaos will be allowed by the other central banks to ensue.
What you are describing are the tools they are using, not the "identity of the group"
I.E. Because central banking is a useful tool for controlling the masses through paper currency you will find central banking in every corner of the world.
But that doesnt mean its the same group that is controlling ALL central banking of the world.
If a tool is useful, it is embraced even by your greatest ideological enemy.