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Rufus T. Firefly
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is one way of saying it, though I prefer "mensch"
Sep 2000 time: 07:25
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Not sure why I'm bothering, but...
1) Rising oil prices are helping all oil companies, including domestic US ones
2) I wouldn't believe any promise made by Bush or any other president, especially when the stakes are this high
3) Using the Bush administation's own rhetorical yardstick, Kim Jong Il measures up as way more dangerous than Saddam. Yet with him we're negotiating. Now why is that?
4) The oil-less Taliban hid Osama Bin Laden. The oil-rich Saudis funded him (and probably continue to do so. Whom did we bomb the crap out of, whom do we still call our friend, and what does that tell you about US foreign policy?
5) The US almost certainly played a role in last year's failed coup in Venezuela. Why? (Hint: The chief issue was Venezuelan oil, and the US weighed in on the side of the oil monopoly).
5) The US has 5% of the world's population and uses 20-25% of the world's oil. Gas-guzzling SUVs are the fastest-growing segment of its car market. Its fastest-growing regions are the suburbs, which generally lack any form of mass transportation. It's fastest growing cities are in the south and west, where cities can generally be navigated only by car (pedestrian-unfriendly, mass-transit-free). It's the only industrialized country in the world without a decent rail infrastructure. In America, everything is about oil.
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PeteH
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An article related to war/oil/economy:
http://chapelhill.indymedia.org/news/2003/01/2177.php
It is fairly long, but this should give you the basic idea of the topic:
quote:
"The upcoming war in Iraq is mostly about how the ruling class at Langley and the Bush administration view hydrocarbons at the geo-strategic level, and the overarching macroeconomic threats to the U.S. dollar from the euro. The Real Reason for this upcoming war is this administration's goal of preventing further OPEC momentum towards the euro as an oil transaction currency standard. However, in order to pre-empt OPEC, they need to gain geo-strategic control of Iraq along with its 2nd largest proven oil reserves. This essay will discuss the macroeconomics of the "petro-dollar" and the unpublicized but real threat to U.S. economic hegemony from the euro as an alternative oil transaction currency. The following is how an astute and anonymous friend alluded to the unspoken truth about this upcoming war with Iraq...
"The Federal Reserve's greatest nightmare is that OPEC will switch its international transactions from a dollar standard to a euro standard. Iraq actually made this switch in Nov. 2000 (when the euro was worth around 80 cents), and has actually made off like a bandit considering the dollar's steady depreciation against the euro." (Note: the dollar declined 17% against the euro in 2002.)
"The real reason the Bush administration wants a puppet government in Iraq - or more importantly, the reason why the corporate-military-industrial network conglomerate wants a puppet government in Iraq - is so that it will revert back to a dollar standard and stay that way." (While also hoping to veto any wider OPEC momentum towards the euro, especially from Iran – the 2nd largest OPEC producer who is actively discussing a switch to euros for its oil exports).
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Note: I just pulled the link from a separate list I read, have no idea of the credibility of the sources etc, but thought it was an interesting factor to add into the mix if the facts check out.
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