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Iran Crisis: Follow The Money, It’s All About Petrodollars!

January 25, 2012 by mosesman

[youtube=http://www.youtube.com/watch?v=Fs8141_IEec]

  • The current war mongering over Iran has nothing to do with Iran having nuclear bombs. They don’t and do not have a nuclear weapons program. It is all a psyop/diversion. It is about global monetary hegemony, Global Supra-National Central Bank (very likely the IMF 2.0) and the coming Luciferian New World Order!
    –
    Iran crisis – Follow the money, it’s all about petrodollars! 
    by Allen L Roland, Veterans Today, http://presstv.com/
    As Obama refuses  to acknowledge that Obamanomics is rapidly sinking ~ a closer look at the Iran  crisis reveals, if you follow the money, that the real issue is petrodollars in that Iran is dumping the dollar in its trade with Russia as it has already done with China and Japan. As such, Regime Change is now the goal of the Obama administration as it was in 2000 when Iraq’s late Saddam Hussein abandoned the petrodollar and recently when Libya’s late Muammar Gaddafi proposed a gold dinar as currency for his energy resources.
    –
    Its classic good  cop/bad cop with Obama positioning himself as the good cop who is trying to  restrain an impetuous Israel who wants to attack Iran. Things got a little too dicey last week, with the Mossad assassination of an Iranian nuclear scientist, so Obama cancelled the joint war games with Israel ~ particularly since Israel  still refuses to agree not to launch preemptive action against Iran without U.S.  approval.
    –
     But as Pepe  Escobar writes ~ “This larger-than-life psychodrama we call “Iran” may turn out  to be as much about China and the U.S. dollar as it is about the politics of the Persian Gulf or Iran’s nonexistent bomb.”
    –
     To get a handle  on this psychodrama , we have to follow the money and that means the implied  threat to petrodollars ~ which send shivers up the spine of the global financial  elite. Escobar elaborates ~ “…consider 2012 the start-up year as well for a  possibly massive defection from the dollar as the global currency of choice. As  perception is indeed reality, imagine the real world ~ mostly the global South ~  doing the necessary math and, little by little, beginning to do business in  their own currencies and investing ever less of any surplus in U.S. Treasury  bonds.”
    –
    Excerpt: “That Iranian isolation theme only gets weaker when one learns that the country is  dumping the dollar in its trade with Russia for rials and rubles – a similar  move to ones already made in its trade with China and Japan.  As for India, an economic powerhouse in  the neighborhood, its leaders also refuse to stop buying Iranian oil, a trade  that, in the long run, is similarly unlikely to be conducted in  dollars….Translation, if any was needed: in the near future, with the Europeans  out of the mix, virtually none of Iran’s oil will be traded in dollars. In this  context, it’s worth remembering that in September 2000 Saddam Hussein abandoned  the petrodollar as the currency of payment for Iraq’s oil, and moved to the euro. In March 2003, Iraq was invaded and the inevitable regime change occurred. Libya’s Muammar Gaddafi proposed a gold dinar both as Africa’s common currency  and as the currency of payment for his country’s energy resources. Another intervention and another regime change followed.”
    –
     So what we are really talking about now with Iran, as it was with Iraq and Libya, is REGIME  CHANGE ~ for Obamanomics, like the Titanic, will surely sink unless those  precious Eurodollars are investing in the ever growing surplus of U.S. Treasury  bonds.
    –
    Pepe compares it  to Poe’s classic The Pit and the Pendulum ~ “If this were an economic rewrite of  Edgar Allen Poe’s story, “The Pit and the Pendulum,” Iran would be but one cog  in an infernal machine slowly shredding the dollar as the world’s reserve  currency. Still, it’s the cog that Washington is now focused on.  They have regime change on the  brain.  All that’s needed is a spark  to start the fire (in – one hastens to add – all sorts of directions that are  bound to catch Washington off guard).”
    –
     As Petrodollar  expert William Clark writes regarding Petrodollar Warfare ~ “the upcoming Iran bourse will introduce petrodollar versus petroeuro currency hedging, and fundamentally new dynamics to the biggest market in the world – global oil and  gas trades. In essence, the U.S. will no longer be able to effortlessly expand  its debt-financing via issuance of U.S. Treasury bills, and the dollar’s  international demand/liquidity value will fall.”
    –
     To make it  simple, Obama is captain of a sinking ship, overloaded with ever increasing  debt, but he still stands on the bow convinced he is flying when in reality he  is just one spark, or a few minutes, or days away from a complete economic  disaster.

end

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