Economic Hegemony
The age of 'Dollar Diplomacy', the economic character trend of the United States since the dawn of the 20th century, evolved into an age of 'Dollar Hegemony' by the end of the century. This was accomplished to a large extent by the 1944 Bretton Woods agreement, in which the Dollar supplanted the British pound as the preeminent world reserve currency. With America's new status as a superpower, this agreement entailed the establishment of two fundamentally arbitrary standards which have shaped world economic history since the end of World War II: the power of the Dollar as a currency backed by gold and the trading of oil in Dollars. The past few years have featured multiple signals that these relationships are changing once again. There has been continuing trend of dis-investment from U.S. currency reserves and a shift to alternate currencies whose values have been increasing in relation to the dollar has been observed in Europe, Asia, South America and among the OPEC nations. In an interview in 2006, U.S. fund manager Jim Rogers suggested that it was only a matter of time before the U.S. dollar loses its status as the world's reserve currency and medium of exchange. The continuation of this economic trend jeopardizes the status of the U.S. as the global economic leader. It is the overwhelming economic interest of the United States that this be avoided at all costs.
Another prevailing trend is seen as more and more countries are switching their primary hard currency from the Dollar to the Euro. The fact that Congress continues to push the debt-limit ceiling higher and higher must be seen as an additional impetus for this phenomenon. It is without question that one of Saddam's actions that most incited the U.S. to take direct action against him was this change, which he applied to his oil trading activities. Oil has been traded in Dollars by general agreement for over 50 years and Saddam Hussein, in switching from Dollars to Euros, invited the wrath of a country who saw it's own economic future at risk. Now Iran is doing the same thing. Iran has announced that an Iranian oil bourse, where oil sales will be traded in Euros, will be established in March 2007. The coup attempt against Chavez in 2001 took place after the Venezuelan government suggested to Russia that it was planning of making this very same change in its oil trading practices.
This is a game that is played out time and again and now it is going to be played out in Iran. In the 21st Century, the United States is willing to go to war to reinforce the Dollar as the primacy currency in terms of hard reserves on an international basis. The dollar was backed by gold, then by oil and a promise to protect weaker nations from alien invasion and now, in the high capitalist stage, by the promise not to execute regime changing operations.
Regardless of what you believe was the origin of the attacks on September 11th, 2001 and regardless of whether or not you see evidence of a conspiracy, eventually you be forced to recognize that the plans to execute Operation Iranian Freedom have been received by the U.S. military and Iran is going to be wiped out with an attack unprecedented in world history. At that time, you may be called to consider my question again. That is, how many wars will have to be waged before you realize - just like the bombing Pearl Harbor and the Gulf of Tonkin incident - that 9/11 was a staged event ? It was an act of propaganda for the purpose of forging a consensus among the American people that was critical for the shaping of foreign policy in a new direction. Faced with the horror of what happened that day, the citizens surrendered their political will to the degree necessary to allow the Masters of War to start a campaign of military action that is without precedent or limit. How can I make it any clearer to you ? You have been "Shock and Awed" into adopting a 'let's wait and see' attitude and you ignore my arguments one after another.I'll ask you again: How many lives need to be destroyed before you grow weary of the lack of a connection between the events of 9/11 and the multiple world wars that will be fought in its name for the purpose of re-shaping the global power structure and you realize that you have been deceived ?
Another prevailing trend is seen as more and more countries are switching their primary hard currency from the Dollar to the Euro. The fact that Congress continues to push the debt-limit ceiling higher and higher must be seen as an additional impetus for this phenomenon. It is without question that one of Saddam's actions that most incited the U.S. to take direct action against him was this change, which he applied to his oil trading activities. Oil has been traded in Dollars by general agreement for over 50 years and Saddam Hussein, in switching from Dollars to Euros, invited the wrath of a country who saw it's own economic future at risk. Now Iran is doing the same thing. Iran has announced that an Iranian oil bourse, where oil sales will be traded in Euros, will be established in March 2007. The coup attempt against Chavez in 2001 took place after the Venezuelan government suggested to Russia that it was planning of making this very same change in its oil trading practices.
This is a game that is played out time and again and now it is going to be played out in Iran. In the 21st Century, the United States is willing to go to war to reinforce the Dollar as the primacy currency in terms of hard reserves on an international basis. The dollar was backed by gold, then by oil and a promise to protect weaker nations from alien invasion and now, in the high capitalist stage, by the promise not to execute regime changing operations.
Regardless of what you believe was the origin of the attacks on September 11th, 2001 and regardless of whether or not you see evidence of a conspiracy, eventually you be forced to recognize that the plans to execute Operation Iranian Freedom have been received by the U.S. military and Iran is going to be wiped out with an attack unprecedented in world history. At that time, you may be called to consider my question again. That is, how many wars will have to be waged before you realize - just like the bombing Pearl Harbor and the Gulf of Tonkin incident - that 9/11 was a staged event ? It was an act of propaganda for the purpose of forging a consensus among the American people that was critical for the shaping of foreign policy in a new direction. Faced with the horror of what happened that day, the citizens surrendered their political will to the degree necessary to allow the Masters of War to start a campaign of military action that is without precedent or limit. How can I make it any clearer to you ? You have been "Shock and Awed" into adopting a 'let's wait and see' attitude and you ignore my arguments one after another.I'll ask you again: How many lives need to be destroyed before you grow weary of the lack of a connection between the events of 9/11 and the multiple world wars that will be fought in its name for the purpose of re-shaping the global power structure and you realize that you have been deceived ?
posted by Andrew B. Noselli at 2:41 PM
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