The Canadian dollar has just about hit par
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OF THE PETRODOLLAR IMPERIUM
By Adam George Ghaznavi
posted 3 July 2007
The entire USA political economic position is based on the Petrodollar
You know that secret agreement brokered by Kissinger (when the USA fell off the gold standard in 1971) in 1973 with the Saudis (as swing producer able to flood the market & destroy any state defying their policy) that ALL oil be sold in $. THIS preserved the $ status s global reserve currency & gave the USA an unlimited credit card, enabling it to pass off the costs of its institutionalised hyperinflation ($9Trillion nat debt, $60Trillion accumalated other liabilities as per brookings institute estimates & the $370Trillion derivatives pyrmaid) onto other states just by PRINTING $ & fund the army required to protect the petrodollar (costing more than the rest of the planet's put together) via the same printing press. THIS is how the cold war was ‘won’, by bankrupting the USSR, by bankrupting the world.
THIS is why old soviet central Asia, Iraq & Eastern Europe are ringed with an arc of USA bases. To keep the oil/ gas sold in $ & help subvert any govt (eg Putin's who sells his oil in Roubles) not complying.
THIS is why Saddam Hussein was deposed, because he sold his oil in Euros, making 17% more on his deals than his neighbours. This is why the Iranians are being targeted by USA naval nuclear build up, because they are opening up a non $ oil bourse. This is why even Chavez was subject to coup attempt in 2002, because he switched to Euros.
THIS is why Putin is being subject to assassination plots & attempts to overthrow him (with Berezovsky as focal point of the plot - encompassing petrodollar fiends, dispossessed oligarchs, neo cons & shadowy finance, think Jacob Rothschild, friend of Mikhail Khordokhovsky who also purchased this so called 'political prisoner's' shares in Yukos http://washingtontimes.com/world/20031102-111400-3720r.htm ), becase Putin switched from $ to demanding payment in Roubles. THIS is WHY the $ is finally dying.
Even the notorious Council on Foreign Relations declared the $ to be an absurdity supported only by `faith' (direct quote). Which is a little unfair, given the PETRODOLLAR
for the dissection...
...FULL article on:
http://www.foreignaffairs.org/20070501faessay86308-p0/benn-steil/the-end-of-national-currency.html
Indeed, the Dow itself, has actually been crashing since 2000, losing some 65% of its quoted value, its’ only risen in inflated $$ terms. See link below:
http://goldsilver.com/the_dow_is_crashing.php
Here's what Dick Cheney's personal banker Jeremy Grantham says about `the asset bubble covering ALL classes':
http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_pesek&sid=axjQJ8._t2Dk
"The Bank for International Settlements, has warned that years of loose monetary policy has fuelled a dangerous credit bubble, leaving the global economy more vulnerable to another 1930s-style slump than generally understood."
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/06/24/cnbis124.xml
Eg ONLY the oil/$$$ link has enabled this crash to be carried out, thus far, in a controlled fashion, enabling also a massive shift of wealth to the hyper-rich via inflation.
Correspondingly, if USA manufacturing did recover (to take advantage of the low $), a tsunami of USA treasury bonds/ $ would return, triggering instant visible (instead of INSTITUTIONALISED) hyperinflation. Therefore the imperium is trapped has to keep the exported fiat $$$ at bay, by offshoring USA jobs/ production.
Has no choice but to give away California for Anbar province to keep the psycho political focus of its own people divided to retain control of the geo strategic pol/econ agenda (hence the orthodox left in backing unrestrained migration functions as the tragic internal prop to hyperfascism).
As we have no choice but to effect a Controlled Demolition of the USA Petrodollar Imperium.
In order to make possible the Post Petrodollar settlement based on establishment of the Common Ownership of Information (every 3rd world peasant to have access to every book/ piece of technical info ever produced on a wind up wifi laptop from MIT) in exchange for the oil remaining on long enough to enable the switch to solar powered microgeneration (without the oil the info is lost, without the info the oil is worthless). The consequent substantive sovereignty of the individual can thence be pooled to effect control of our energy based (as gold is inherently deflationary & no one will trust fiat) currencies…
Meyer Rothschild: `
Give me control over a nations’ currency & I care not who writes its laws.’
…establishing a tough basic constitutional fabric able to martial locally & globally to repel in real time any cabal of banksters/ energy barons & secureaucrats bent on the plunder of private & public wealth.
As such leads ultimately to equality & (as Orwell understood) equality as an end in itself, is the most unviable of all systems (lacking the parochial social glue of the war/ finance nexus, leads inexorably to a nihilistic nitpicking), such needs a gigantic vision to gyrostabilise it. Based on the establishment of a written constitution designed to secure for humanity control over its own time, in order to comprehend/ gain mastery over the UNWRITTEN cosmological constitution of God’s time/ creation; become God/ our cosmic parents (a la Philip Larkin & visit the same crap on the next cosmic generation), in order to avoid being destroyed by our own creation, the 10,000 year war/ finance nexus.
If however, the USA Imperium is able to effect its nuclear war against Iran, then the conseqaunt desensitization of all humanity shall lead it to resign itself to the descent into oblivion without an intellectual or spiritual fight. Squandering 4 billion years of earth evolution & potential.
The critical division within the USA ruling class IS over immigration. They don’t know which way to jump. If they go for `amnesty’ (unrestrained migration/ defacto liquidation of the USA in favor of the North American Union) they will COMPLETELY delegitimise themselves. If they do anything to block such/ promote USA internal industrial recovery, they will trigger immediate hyperinflation.
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