Wednesday, March 19, 2008

The dots now fully connected in the American recession

The sliding dollar, the strengthening euro, the neocon regime, and Iraq

"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."

So Wilson's Almanac published in the January, 2003 article, The Real Reasons for the Upcoming War with Iraq by 'WC'.

Less than three years later, on July 5, 2006, in the article Is Cheney Betting On Economic Collapse?, Mike Whitney wrote about Cheney's personal finances: "Cheney has dumped another (estimated) $10 to $25 million in a European bond fund which tells us that he is counting on a steadily weakening dollar."

Then, yesterday, we blogged Iraq War fueling economic crash.

Playing join the dots is getting easier and easier, on the way to the welfare line.

Categories: , , , , , , ,


Post a Comment

<< Home

eXTReMe Tracker