War on Iraq legit?

Jusander
Posts: 208
Joined: Fri Apr 19, 2002 2:00 pm

Post by Jusander »

So, we aren't allowed to have opinions on things we have no influence on?

BuG
Posts: 240
Joined: Tue Aug 28, 2001 9:50 pm

Post by BuG »

PEACE IN OUR TIME

Jusander
Posts: 208
Joined: Fri Apr 19, 2002 2:00 pm

Post by Jusander »


Something interesting I found...


 


>IT'S NOT ABOUT OIL OR IRAQ.


> IT'S ABOUT THE US AND EUROPE


> GOING HEAD-TO-HEAD ON WORLD ECONOMIC DOMINANCE.


> By Geoffrey Heard


> Melbourne, Australia


>


> Summary: Why is George Bush so hell bent on war with Iraq? Why does


> his administration reject every positive Iraqi move? It all makes


> sense when you consider the economic implications for the USA of not


> going to war with Iraq. The war in Iraq is actually the US and Europe


> going head to head on economic leadership of the world.


>


> America's Bush administration has been caught in outright lies, gross


> exaggerations and incredible inaccuracies as it trotted out its


> litany of paper thin excuses for making war on Iraq. Along with its


> two supporters, Britain and Australia, it has shifted its ground and


> reversed its position with a barefaced contempt for its audience. It


> has manipulated information, deceived by commission and omission and


> frantically "bought" UN votes with billion dollar bribes.


>


> Faced with the failure of gaining UN Security Council support for


> invading Iraq, the USA has threatened to invade without


> authorisation. It would act in breach of the UN's very constitution


> to allegedly enforced UN resolutions.


>


> It is plain bizarre. Where does this desperation for war come from?


>


> There are many things driving President Bush and his administration


> to invade Iraq, unseat Saddam Hussein and take over the country. But


> the biggest one is hidden and very, very simple. It is about the


> currency used to trade oil and consequently, who will dominate the


> world economically, in the foreseeable future -- the USA or the


> European Union.


>


> Iraq is a European Union beachhead in that confrontation. America had


> a monopoly on the oil trade, with the US dollar being the fiat


> currency, but Iraq broke ranks in 1999, started to trade oil in the


> EU's euros, and profited. If America invades Iraq and takes over, it


> will hurl the EU and its euro back into the sea and make America's


> position as the dominant economic power in the world all but


> impregnable.


>


> It is the biggest grab for world power in modern times.


>


> America's allies in the invasion, Britain and Australia, are betting


> America will win and that they will get some trickle-down benefits


> for jumping on to the US bandwagon.


>


> France and Germany are the spearhead of the European force -- Russia


> would like to go European but possibly can still be bought off.


>


> Presumably, China would like to see the Europeans build a share of


> international trade currency ownership at this point while it


> continues to grow its international trading presence to the point


> where it, too, can share the leadership rewards.


>


> DEBATE BUILDING ON THE INTERNET


>


> Oddly, little or nothing is appearing in the general media about this


> issue, although key people are becoming aware of it -- note the


> recent slide in the value of the US dollar. Are traders afraid of


> war? They are more likely to be afraid there will not be war.


>


> But despite the silence in the general media, a major world


> discussion is developing around this issue, particularly on the


> internet. Among the many articles: Henry Liu, in the 'Asia Times'


> last June, it has been a hot topic on the Feasta forum, an


> Irish-based group exploring sustainable economics, and W. Clark's


> "The Real Reasons for the Upcoming War with Iraq: A Macroeconomic and


> Geostrategic Analysis of the Unspoken Truth" has been published by


> the 'Sierra Times', 'Indymedia.org', and 'ratical.org'.


>


> This debate is not about whether America would suffer from losing the


> US dollar monopoly on oil trading -- that is a given -- rather it is


> about exactly how hard the USA would be hit. The smart money seems to


> be saying the impact would be in the range from severe to


> catastrophic. The USA could collapse economically.


>


> OIL DOLLARS


>


> The key to it all is the fiat currency for trading oil.


>


> Under an OPEC agreement, all oil has been traded in US dollars since


> 1971 (after the dropping of the gold standard) which makes the US


> dollar the de facto major international trading currency. If other


> nations have to hoard dollars to buy oil, then they want to use that


> hoard for other trading too. This fact gives America a huge trading


> advantage and helps make it the dominant economy in the world.


>


> As an economic bloc, the European Union is the only challenger to the


> USA's economic position, and it created the euro to challenge the


> dollar in international markets. However, the EU is not yet united


> behind the euro -- there is a lot of jingoistic national politics


> involved, not least in Britain -- and in any case, so long as nations


> throughout the world must hoard dollars to buy oil, the euro can make


> only very limited inroads into the dollar's dominance.


>


> In 1999, Iraq, with the world's second largest oil reserves, switched


> to trading its oil in euros. American analysts fell about laughing;


> Iraq had just made a mistake that was going to beggar the nation. But


> two years on, alarm bells were sounding; the euro was rising against


> the dollar, Iraq had given itself a huge economic free kick by


> switching.


>


> Iran started thinking about switching too; Venezuela, the 4th largest


> oil producer, began looking at it and has been cutting out the dollar


> by bartering oil with several nations including America's bete noir,


> Cuba. Russia is seeking to ramp up oil production with Europe


> (trading in euros) an obvious market.


>


> The greenback's grip on oil trading and consequently on world trade


> in general, was under serious threat. If America did not stamp on


> this immediately, this economic brushfire could rapidly be fanned


> into a wildfire capable of consuming the US's economy and its


> dominance of world trade.


>


> HOW DOES THE US GET ITS DOLLAR ADVANTAGE?


>


> Imagine this: you are deep in debt but every day you write cheques


> for millions of dollars you don't have -- another luxury car, a


> holiday home at the beach, the world trip of a lifetime.


>


> Your cheques should be worthless but they keep buying stuff because


> those cheques you write never reach the bank! You have an agreement


> with the owners of one thing everyone wants, call it petrol/gas, that


> they will accept only your cheques as payment. This means everyone


> must hoard your cheques so they can buy petrol/gas. Since they have


> to keep a stock of your cheques, they use them to buy other stuff


> too. You write a cheque to buy a TV, the TV shop owner swaps your


> cheque for petrol/gas, that seller buys some vegetables at the fruit


> shop, the fruiterer passes it on to buy bread, the baker buys some


> flour with it, and on it goes, round and round -- but never back to


> the bank.


>


> You have a debt on your books, but so long as your cheque never


> reaches the bank, you don't have to pay. In effect, you have received


> your TV free.


>


> This is the position the USA has enjoyed for 30 years -- it has been


> getting a free world trade ride for all that time. It has been


> receiving a huge subsidy from everyone else in the world. As it debt


> has been growing, it has printed more money (written more cheques) to


> keep trading. No wonder it is an economic powerhouse!


>


> Then one day, one petrol seller says he is going to accept another


> person's cheques, a couple of others think that might be a good idea.


> If this spreads, people are going to stop hoarding your cheques and


> they will come flying home to the bank. Since you don't have enough


> in the bank to cover all the cheques, very nasty stuff is going to


> hit the fan!


>


> But you are big, tough and very aggressive. You don't scare the other


> guy who can write cheques, he's pretty big too, but given a


> 'legitimate' excuse, you can beat the tripes out of the lone gas


> seller and scare him and his mates into submission.


>


> And that, in a nutshell, is what the USA is doing right now with Iraq.


>


> AMERICA'S PRECARIOUS ECONOMIC POSITION


>


> America is so eager to attack Iraq now because of the speed with


> which the euro fire could spread. If Iran, Venezuela and Russia join


> Iraq and sell large quantities of oil for euros, the euro would have


> the leverage it needs to become a powerful force in general


> international trade. Other nations would have to start swapping some


> of their dollars for euros.


>


> The dollars the USA has printed, the 'cheques' it has written, would


> start to fly home, stripping away the illusion of value behind them.


> The USA's real economic condition is about as bad as it could be; it


> is the most debt-ridden nation on earth, owing about US$12,000 for


> every single one of it's 280 million men, women and children. It is


> worse than the position of Indonesia when it imploded economically a


> few years ago, or more recently, that of Argentina.


>


> Even if OPEC did not switch to euros wholesale (and that would make a


> very nice non-oil profit for the OPEC countries, including minimising


> the various contrived debts America has forced on some of them), the


> US's difficulties would build. Even if only a small part of the oil


> trade went euro, that would do two things immediately:


>


> * Increase the attractiveness to EU members of joining the


> 'eurozone', which in turn would make the euro stronger and make it


> more attractive to oil nations as a trading currency and to other


> nations as a general trading currency.


>


> * Start the US dollars flying home demanding value when there isn't


> enough in the bank to cover them.


>


> * The markets would over-react as usual and in no time, the US


> dollar's value would be spiralling down.


>


> THE US SOLUTION


>


> America's response to the euro threat was predictable. It has come


> out fighting.


>


> It aims to achieve four primary things by going to war with Iraq:


>


> * Safeguard the American economy by returning Iraq to trading oil in


> US dollars, so the greenback is once again the exclusive oil currency.


>


> * Send a very clear message to any other oil producers just what


> will happen to them if they do not stay in the dollar circle. Iran


> has already received one message -- remember how puzzled you were


> that in the midst of moderation and secularization, Iran was named as


> a member of the axis of evil?


>


> * Place the second largest reserves of oil in the world under direct


> American control.


>


> * Provide a secular, subject state where the US can maintain a huge


> force (perhaps with nominal elements from allies such as Britain and


> Australia) to dominate the Middle East and its vital oil. This would


> enable the US to avoid using what it sees as the unreliable Turkey,


> the politically impossible Israel and surely the next state in its


> sights, Saudi Arabia, the birthplace of al Qaeda and a hotbed of


> anti-American sentiment.


>


> * Severe setback the European Union and its euro, the only trading


> bloc and currency strong enough to attack the USA's dominance of


> world trade through the dollar.


>


> * Provide cover for the US to run a covert operation to overturn the


> democratically elected government of Venezuela and replace it with an


> America-friendly military supported junta -- and put Venezuala's oil


> into American hands.


>


> Locking the world back into dollar oil trading would consolidate


> America's current position and make it all but impregnable as the


> dominant world power -- economically and militarily. A splintered


> Europe (the US is working hard to split Europe; Britain was easy, but


> other Europeans have offered support in terms of UN votes) and its


> euro would suffer a serious setback and might take decades to recover.


>


> It is the boldest grab for absolute power the world has seen in


> modern times. America is hardly likely to allow the possible


> slaughter of a few hundred thousand Iraqis stand between it and world


> domination.


>


> President Bush did promise to protect the American way of life. This


> is what he meant.


>


> JUSTIFYING WAR


>


> Obviously, the US could not simply invade Iraq, so it began casting


> around for a 'legitimate' reason to attack. That search has been one


> of increasing desperation as each rationalization has crumbled. First


> Iraq was a threat because of alleged links to al Qaeda; then it was


> proposed Iraq might supply al Qaeda with weapons; then Iraq's


> military threat to its neighbours was raised; then the need to


> deliver Iraqis from Saddam Hussein's horrendously inhumane rule;


> finally there is the question of compliance with UN weapons


> inspection.


>


> The USA's justifications for invading Iraq are looking less


> impressive by the day. The US's statements that it would invade Iraq


> unilaterally without UN support and in defiance of the UN make a


> total nonsense of any American claim that it is concerned about the


> world body's strength and standing.


>


> The UN weapons inspectors have come up with minimal infringements of


> the UN weapons limitations -- the final one being low tech rockets


> which exceed the range allowed by about 20 percent. But there is no


> sign of the so-called weapons of mass destruction (WMD) the US has so


> confidently asserted are to be found. Colin Powell named a certain


> north Iraqi village as a threat. It was not. He later admitted it was


> the wrong village.


>


> 'Newsweek' (24/2) has reported that while Bush officials have been


> trumpeting the fact that key Iraqi defector, Lt. Gen. Hussein Kamel,


> told the US in 1995 that Iraq had manufactured tonnes of nerve gas


> and anthrax (Colin Powell's 5 February presentation to the UN was


> just one example) they neglected to mention that Kamel had also told


> the US that these weapons had been destroyed.


>


> Parts of the US and particularly the British secret 'evidence' have


> been shown to come from a student's masters thesis.


>


> America's expressed concern about the Iraqi people's human rights and


> the country's lack of democracy are simply not supported by the USA's


> history of intervention in other states nor by its current actions.


> Think Guatemala, the Congo, Chile and Nicaragua as examples of a much


> larger pool of US actions to tear down legitimate, democratically


> elected governments and replace them with war, disruption,


> starvation, poverty, corruption, dictatorships, torture, rape and


> murder for its own economic ends. The most recent, Afghanistan, is


> not looking good; in fact that reinstalled a murderous group of


> warlords which America had earlier installed, then deposed, in favour


> of the now hated Taliban.


>


> Saddam Hussein was just as repressive, corrupt and murderous 15 years


> ago when he used chemical weapons, supplied by the US, against the


> Kurds. The current US Secretary for Defence, Donald Rumsfeld, so


> vehement against Iraq now, was on hand personally to turn aside


> condemnation of Iraq and blame Iran. At that time, of course, the US


> thought Saddam Hussein was their man -- they were using him against


> the perceived threat of Iran's Islamic fundamentalism.


>


> Right now, as 'The Independent' writer, Robert Fisk, has noted, the


> US's efforts to buy Algeria's UN vote includes promises of re-arming


> the military which has a decade long history of repression, torture,


> rape and murder Saddam Hussein himself would envy. It is estimated


> 200,000 people have died, and countless others been left maimed by


> the activities of these monsters. What price the US's humanitarian


> concerns for Iraqis? (Of course, the French are also wooing Algeria,


> their former north African territory, for all they are worth, but at


> least they are not pretending to be driven by humanitarian concerns.)


>


> Indonesia is another nation with a vote and influence as the largest


> Muslim nation in the world. Its repressive, murderous military is


> regaining strength on the back of the US's so-called anti-terror


> campaign and is receiving promises of open and covert support --


> including intelligence sharing.


>


> AND VENEZUELA


>


> While the world's attention is focused on Iraq, America is both


> openly and covertly supporting the "coup of the rich" in Venezuela,


> which grabbed power briefly in April last year before being


> intimidated by massive public displays of support by the poor for


> democratically-elected President Chavez Frias. The coup leaders


> continue to use their control of the private media, much of industry


> and the ear of the American Government and its oily intimates to


> cause disruption and disturbance.


>


> Venezuela's state-owned oil resources would make rich pickings for


> American oil companies and provide the US with an important oil


> source in its own backyard.


>


> Many writers have noted the contradiction between America's alleged


> desire to establish democracy in Iraq while at the same time,


> actively undermining the democratically-elected government in


> Venezuela. Above the line, America rushed to recognise the coup last


> April; more recently, President Bush has called for "early


> elections", ignoring the fact that President Chavez Frias has won


> three elections and two referendums and, in any case, early elections


> would be unconstitutional.


>


> One element of the USA's covert action against Venezuela is the


> behaviour of American transnational businesses, which have locked out


 


> employees in support of "national strike" action. Imagine them doing


> that in the USA! There is no question that a covert operation is in


> process to overturn the legitimate Venezuelan government. Uruguayan


> congressman, Jose Nayardi, made it public when he revealed that the


> Bush administration had asked for Uruguay's support for Venezuelan


> white collar executives and trade union activists "to break down


> levels of intransigence within the Chavez Frias administration". The


> process, he noted, was a shocking reminder of the CIA's 1973


> intervention in Chile which saw General Pinochet lead his military


> coup to take over President Allende's democratically elected


> government in a bloodbath.


>


> President Chavez Frias is desperately clinging to government, but


> with the might of the USA aligned with his opponents, how long can he


> last?


>


> THE COST OF WAR


>


> Some have claimed that an American invasion of Iraq would cost so


> many billions of dollars that oil returns would never justify such an


> action.


>


> But when the invasion is placed in the context of the protection of


> the entire US economy for now and into the future, the balance of the


> argument changes.


>


> Further, there are three other vital factors:


>


> First, America will be asking others to help pay for the war because


> it is protecting their interests. Japan and Saudi Arabia made serious


> contributions to the cost of the 1991 Gulf war.


>


> Second -- in reality, war will cost the USA very little -- or at


> least, very little over and above normal expenditure. This war is


> already paid for! All the munitions and equipment have been bought


> and paid for. The USA would have to spend hardly a cent on new


> hardware to prosecute this war -- the expenditure will come later


> when munitions and equipment have to be replaced after the war. But


> munitions, hardware and so on are being replaced all the time --


> contracts are out. Some contracts will simply be brought forward and


> some others will be ramped up a bit, but spread over a few years, the


> cost will not be great. And what is the real extra cost of an army at


> war compared with maintaining the standing army around the world,


> running exercises and so on? It is there, but it is a relatively


> small sum.


>


> Third -- lots of the extra costs involved in the war are dollars


> spent outside America, not least in the purchase of fuel. Guess how


> America will pay for these? By printing dollars it is going to war to


> protect. The same happens when production begins to replace hardware.


> components, minerals, etc. are bought in with dollars that go


> overseas and exploit America's trading advantage.


>


> The cost of war is not nearly as big as it is made out to be. The


> cost of not going to war would be horrendous for the USA -- unless


> there were another way of protecting the greenback's world trade


> dominance.


>


> AMERICA'S TWO ACTIVE ALLIES


>


> Why are Australia and Britain supporting America in its transparent


> Iraqi war ploy?


>


> Australia, of course, has significant US dollar reserves and trades


> widely in dollars and extensively with America. A fall in the US


> dollar would reduce Australia's debt, perhaps, but would do nothing


> for the Australian dollar's value against other currencies. John


> Howard, the Prime Minister, has long cherished the dream of a free


> trade agreement with the USA in the hope that Australia can jump on


> the back of the free ride America gets in trade through the dollar's


> position as the major trading medium. That would look much less


> attractive if the euro took over a significant part of the oil trade.


>


> Britain has yet to adopt the euro. If the US takes over Iraq and


> blocks the euro's incursion into oil trading, Tony Blair will have


> given his French and German counterparts a bloody nose, and gained


> more room to manouevre on the issue -- perhaps years more room.


> Britain would be in a position to demand a better deal from its EU


> partners for entering the "eurozone" if the new currency could not


> make the huge value gains guaranteed by a significant role in world


> oil trading. It might even be in a position to withdraw from Europe


> and link with America against continental Europe.


>


> On the other hand, if the US cannot maintain the oil trade dollar


> monopoly, the euro will rapidly go from strength to strength, and


> Britain could be left begging to be allowed into the club.


>


> THE OPPOSITION


>


> Some of the reasons for opposition to the American plan are obvious


> -- America is already the strongest nation on earth and dominates


> world trade through its dollar. If it had control of the Iraqi oil


> and a base for its forces in the Middle East, it would not add to,


> but would multiply its power.


>


> The oil-producing nations, particularly the Arab ones, can see the


> writing on the wall and are quaking in their boots.


>


> France and Germany are the EU leaders with the vision of a resurgent,


> united Europe taking its rightful place in the world and using its


> euro currency as a world trading reserve currency and thus gaining


> some of the free ride the United States enjoys now. They are the ones


> who initiated the euro oil trade with Iraq.


>


> Russia is in deep economic trouble and knows it will get worse the


> day America starts exploiting its take-over of Afghanistan by running


> a pipeline southwards via Afghanistan from the giant southern Caspian


> oil fields. Currently, that oil is piped northwards -- where Russia


> has control.


>


> Russia is in the process of ramping up oil production with the


> possibility of trading some of it for euros and selling some to the


> US itself. Russia already has enough problems with the fact that oil


> is traded in US dollars; if the US has control of Iraqi oil, it could


> distort the market to Russia's enormous disadvantage. In addition,


> Russia has interests in Iraqi oil; an American take over could see


> them lost. Already on its knees, Russia could be beggared before a


> mile of the Afghanistan pipeline is laid.


>


> ANOTHER SOLUTION?


>


> The scenario clarifies the seriousness of America's position and


> explains its frantic drive for war. It also suggests that solutions


> other than war are possible.


>


> Could America agree to share the trading goodies by allowing Europe


> to have a negotiated part of it? Not very likely, but it is just


> possible Europe can stare down the USA and force such an outcome.


> Time will tell. What about Europe taking the statesmanlike,


> humanitarian and long view, and withdrawing, leaving the oil to the


> US, with appropriate safeguards for ordinary Iraqis and democracy in


> Venezuela?


>


> Europe might then be forced to adopt a smarter approach -- perhaps


> accelerating the development of alternative energy technologies which


> would reduce the EU's reliance on oil for energy and produce goods it


> could trade for euros -- shifting the world trade balance.


>


> Now that would be a very positive outcome for everyone.


>


> . . . .


>


> Geoffrey Heard is a Melbourne, Australia, writer on the environment,


> sustainability and human rights.


> . . . .


>


> Geoffrey Heard C 2003. Anyone is free to circulate this document


> provided it is complete and in its current form with attribution and


> no payment is asked. It is prohibited to reproduce this document or


> any part of it for commercial gain without the prior permission of


> the author. For such permission, contact the author at


> gheard@surf.net.au.


>


> SOME REFERENCES AND FURTHER INFORMATION:


>


> http://www.ratical.org/ratville/CAH/RRiraqWar.html


> 'The Real Reasons for the Upcoming War With Iraq: A Macroeconomic and


> Geostrategic Analysis of the Unspoken Truth' by W. Clark, January


> 2003 (revised 20 February), Independent Media Center,


> www.indymedia.org


>


> http://www.indymedia.ie/cgi-bin/newswire.cgi?id=28334


> This war is about more than oil. OIL DOLLARS!!!! DOLLARS, THE EURO


> AND WAR IN IRAQ.


> This story is based on material posted by Richard Douthwaite on the


> FEASTA list in Ireland.


>


> http://sf.indymedia.org/news/2002/12/15500...ent.php#1551138


> USA intelligence agencies revealed in plot to oust Venezuela's


> President


>


> http://www.washingtonpost.com/ac2/wp-


> dyn?pagename=article&node=&contentI


> d=A41444-2003Jan11&notFound=true


> Washington Post


> Split Screen In Strike-Torn Venezuela


> By Mark Weisbrot Sunday, January 12, 2003; Page B04


>


> http://www.atimes.com/global-econ/DD11Dj01.html


> Asia Times online: Global Economy


> US dollar hegemony has got to go


> By Henry C K Liu


>


> http://www.feasta.org/energy.htm


>


> http://www.ratical.org/ratville/CAH/EnemyWithin.html


> The Observer


> The Enemy Within


> by Gore Vidal London, Sunday 27 October 2002


Yucky1
Posts: 698
Joined: Fri Sep 27, 2002 2:48 pm

Post by Yucky1 »


WTF!??!?!


 


TAKE THIS SHIT TO THE CS OTF PLZ!


Jusander
Posts: 208
Joined: Fri Apr 19, 2002 2:00 pm

Post by Jusander »


No-one is forcing you to read my post, Yucky1. Personally, I found that very interesting and thought some others would like to read it, too.


 


By the way, I would perhaps post this there, too, if I hadn't been IP-banned randomly from there (surprise, surprise). For some reason the ban effects the whole network so I can't access the OTF from the school of library either and after Zyste tried to unban me unsuccessfully a few times I decided to let the matter rest. It's not a big enough loss for me to start looking for a yet unbanned public proxy to be able to post in that spam-pit.


Yucky1
Posts: 698
Joined: Fri Sep 27, 2002 2:48 pm

Post by Yucky1 »

Nothing personal, but does this arguement have to take place ON EVERY FORUM?!?!

Stiffer
Posts: 478
Joined: Mon Mar 18, 2002 7:31 pm

Post by Stiffer »

too long didnt read but to the poll no

Angeldust
Posts: 958
Joined: Fri Apr 19, 2002 11:47 am

Post by Angeldust »


Fuck no. I grieve for the loss of both sides though. War is always a tragic thing, though sometimes necessary, but IMO I don't think they (the US) had a justified enough reason and I feel they somewhat rushed in.


 


It's all about politics and what they lead you to believe. I believe there's an ulterior motive to this, and some elements of the primary motive hasn't been revealed.


 


Godspeed all of you, and when I say the US i really mean G.W.B. and not Americans.


Angeldust
Posts: 958
Joined: Fri Apr 19, 2002 11:47 am

Post by Angeldust »

Yucky1: It's almost a fkn trend to jump out and say "don't turn this to the OTF". let it go.

Locked