Dukasaur wrote:The reason the U.S. destabilizes nations like Iraq and Libya is to create panic in the oil futures market, so that oil prices spike and America's ruling families and their oil companies can rake in a nice windfall profit on their oil futures. If you want to find the cause of these Mideast wars you need look no further than the Dallas Social Register.
Nope, but nice theory. Appeals to class envy and class warfare which is seemingly more prevalent in today's US society and is a convenient cover story.
No, the US finds interests in Libya, Iraq, Iran and Syria for the purpose of protecting the petrodollar status. It's this status which gives the US her economic hegemony over the rest of the world. It's the reason we tolerate totalitarian regimes in Saudi Arabia, Qatar; ignore totalitarian regimes in non oil producing nations but condemn supposed totalitarian regimes in Iraq, Russia, Libya, Syria. What do those latter four nations have in common? They are all or once were undermining the petrodollar status.
Gaddafi was going to begin minting a gold dinar and gold backed currency.
Saddam was going to move from selling Iraq oil in US dollars to selling Iraq oil in euros.
Assad in Syria reneged on the oil pipeline deal through Syria from Qatar.
Russia has entered into numerous natgas deals that bypass the US dollar and trade in local currencies instead.
Iran sells oil for gold or other commodities, bypassing the dollar. In the case of Iran she doesn't have much choice in the matter, due to the financial sanctions imposed upon her by the US.
The financial elites merely take advantage of this truism. You can too if you wanted, anyone can. Of course you'll need some capital but that's beside the point.
And those that disregard this truth are easily swayed into the belief that it's all because of oil company greed or that we have to depose these "dangerous totalitarian states" in the interests of national security. The reality is it's all being done to protect the petrodollar and the US dollar as the primary reserve currency of virtually all world trade. That sort of power is worth fighting for, apparently.
Of course, it won't matter in the end, because reserve currency status has changed many times through out history, and the US dollar is no exception.
In latest developments and more delicious irony, Iran has sent troops from their Republican Guard into Baghdad to fight the ISIS threatening the Iraq government. Yes, as of today Iran stands ready and willing to assist the US in fighting off the terrorist threat.
Who'd a thunk it? Right?
Hahaha! Oh what a tangled web we weave, when first we practice to deceive.
Sir Walter Scott