I Finally Understand this Administration

[markam]

The war in Iraq had nothing to do with

WMD
Terrorism
Democracy
9/11
Revenge
UN
Or even oil (exactly)

It was a warning to the OPEC countries that they must continue to supply oil based upon dollars. If not, we can topple the government in power in less than 30 days. I am willing to bet that we have quietly let each OPEC country know that we will do exactly that, if any of them attempt to follow what Iraq did.

Iraq was switching to Euros. It was going to be successful, and there was going to be a domino effect. If dollars are not the basis for oil, there will be an imediate collapse in our economy.

It is sick and perverted, but there is a logical basis for what was done. For 2 years, I have been beating my head in trying to figure out why anybody would make such a bone-headed mistake. They didn't. This adminstration doesn't give a flying fuck about what happens in Iraq now. All that matters is that people still must buy oil with US dollars.

These people really think that their efforts will save this country, and allow it continue along its current path. However, the only thing that will save this country is a 5% reduction in energy usage every year for the next 50 years.

My eyes are finally wide open. I am preparing for the great decline (or whatever the end of the petroleum economy is going to called by the people who survive it).

[mirandapriestly]

1. I've never heard anyone say that before, but that makes total sense

,at least it was punishment to Saddam for switching to Euros. Now, If we could only get proof of it in something like the DSM

[Disturbed]

2. I have been posting for years that the illegal Invasion of Iraq..

was about Saddam selling oil via Euros. This is why the rush to invade and kick out Hans Blix. No WMDs and Saddam would have has sanctions lifted. I have been posting the following recently.

Bush Regime Iraq Successes

1. Saddam will no longer sell Iraqi oil via the Euro.

2, A military foothold in the ME. Other than Saudi Arabia.

3, No countries will be able to buy Iraqi oil that the U.S. disapproves of.

4. The Multi-Intl. Oil Corps are reaping great profits, esp. Bush Junta fave ally Saudi Dicktatorshit.

“We live a lie when we fail to hold leaders accountable for their lies. By not calling now for impeachment, we are saying that we condone hypocrisy, pseudo-democracy, and murdering thousands of Americans and Iraqis for strategic control of energy resources that we have no right to. Patriotism demands that we insist on the ideals of democracy, not that we support the "leaders" who cynically destroy them.”
Robert Shetterly

[Jose Diablo]

3. As for the great decline

It won't really matter I think.

We are about to be evicted from #3 Sunnyside Way. If humanity continues on it's present course one of 2 things will happen.

Either we figure-out how to move to a more hospitable environment in space or we will perish when the climate runs away in a heat pulse that results from all the carbon dioxide released in the last century and a half.

I figure it will take maybe another 75-100 years and this planet will be a scorcher unfit for human habitation. In another 10-20 million years maybe the ocean plankton can sequester enough CO2 back into calcium cardonate deposits on the ocean floor to make an environment suitable for higher life forms again or maybe not.

We won't see it though. If we are smart enough, maybe our children can escape.

But all in all, in another 100 years it won't matter. But this is a pretty fatalistic view.

I think we have already killed this world, we just don't know it yet.

[markam]

4. I am not quite as gloomy as you

I believe that the end of the petroleum era has the potential of saving the world. If we can adjust to living within our global energy budget, the world can recover from the beating we have given it.

Of course, the end result may be only 2 billion people on the earth.

If, instead of adjusting to fit the earth, we try to convert all the coal into a liquid petroluem, just to keep our current lifestyle going, your prediction is probably correct.

[orleans]

5. i've heard/read this before and it makes a lot of sense

here's just a few things googled:

http://archives.cnn.com/2000/WORLD/meast/10/30/iraq.un.euro.reut/

http://www.theleftcoaster.com/archives/002253.php

http://ist-socrates.berkeley.edu/~pdscott/iraq.html

and this:
"If OPEC were to switch to the euro as the standard for oil transactions, it would have serious ramifications for the US economy. Oil-consuming economies would have to flush the dollars out of their central bank holdings and convert them to euros. Some economists estimate that with the market flooded, the US dollar could drop up to 40% in value. As the currency falls, there would be a monetary evacuation by foreign investors abandoning the US stock markets and dollar-denominated assets. Imported products would cost Americans a lot more, and the trade deficit would be magnified."
http://www.rense.com/general36/euro.htm

there's a lot more on this: iraq oil euros dollars bush

on edit: welcome to DU! :hi:

[Pallas180]

6. Uh that's old hat - $ already devalued 30to40% - new story is

that dimson is in the middle east because if we aren't China is
an exploding industrial nation and needing oil and they'll march down into China and take all the oil. So Bush is keeping China from taking all the oil left in the world by glomming it for Texaco and BP
and Exxon first.

cough cough...eeh choke choke.

[rumpel]

7. Yes, there was a rather compelling article on that

[rman]

8. so it is about oil

why would they care about oil being payed in euros or dollars, if oil is irrelevant?