Wednesday, 22 February 2012

WWIII: The Petrodollar war

The U.S. will never REALLY remove their troops from bases around the world under Barack Obama. Even if they wanted to (which they don't),  America's own paranoia through fear of reprisals brought about by their continual aggression, intimidation, sabotage and military action towards countless of countries for decades AND it's continuation under this administration will see to that. There will be military presence as well as contracted paramilitaries policing the Middle East and around the world, long after the troops are brought home from Iraq and Afghanistan. The provocative foreign policy and controlling laws of the U.S. is less to do with a failing economy, civil unrest and National security and more to do with the U.S. losing their No.1 Superpower status.  Consider that powerful nations are rejecting the dollar as the 'World Reserve Currency' and there is a serious concern that OPEC countries stop trading in the US Dollar to sell their oil. The very thought of it encourages major war in order to uphold the US economy. The dollar's ,'World Reserve Currency' status allows the U.S. to run up high deficits and have its debt denominated in the U.S. dollar. This in turn enables it to print unlimited dollars and inflate its way out of debt. America will protect this privilege with human life and already have displayed this.  The growth of Japan, Russia, South Korea, amongst others and particularly China given it's size,  created by the continual devaluation of the U.S. Dollar through mass printing could soon change all of that. China is already strongly tipped to become the next No.1 Superpower, which could spell disaster to the U.S. economy.

If you are unaware of Asian advancement consider the Japanese 'Yen' versus the dollar as an example. For around 200 years Great Britain held the 'World Reserve Currency', this basically meant that sterling was the standard currency predominantly used for trading between countries around the world. Unfortunately UK got in a mess over debts from WWII which at the same time had made a weak America rich. As the world lost confidence in sterling in 1968 the U.S. Dollar became the agreed world currency for trading. At this time the Yen was pretty insignificant. Initially in 1949 the Yen was set at 360 per $. This was changed to 308 in 1971 following devaluation of the U.S. Dollar (Smithonian agreement). Supply and demand meant China ended up floating their currency two years later. In 1973 the Yen was worth around 270 per $ and fluctuated to around 240 by 1985. In 1985 the U.S. Dollar was again seen as overvalued and the Yen undervalued (Plaza agreement). This brought the Yen in at around 130 per $. The Japanese 'Asset Bubble' in 2002 and the 'Global Economic Crisis' of 2008 saw more fluctuations however according to The Economist, the Yen is still undervalued by as much as 15% against the U.S. Dollar. At the end of 2011 the yen was holding up at 78 per $.

The U.S. feels aggrieved also because of suspected foul play by China in 2008/2009. The U.S. relies heavily on imports and exports to China. They claimed that China, purposely and illegally depreciated its currency so that Chinese products were cheaper for U.S. consumers and American products cost more in the Chinese market. This was happening during the economic crisis. Thus China’s foreign exchange reserves jumped nearly 20% in a year achieving an 'unfair competitive advantage in the International Market (Wolverson 2010). Therefore China  threatened the growth and stability of the U.S economy. (Wolverson, 2010) By artificially lowering their currency China created a huge surplus for their economy and a huge deficit on the US economy. The U.S. Dollar is now not only under pressure from trade in the Euro  but with other currencies like the Juan, Yen, Won and Rupee as well. Russia and China have started to trade goods directly and have discussed with central banks, economic analysts and groups, such as the Gulf Cooperation Council, a desire to see an independent new currency replace the dollar as the reserve currency.

The U.S. is totally dependent on the U.S. dollar being used to trade oil around the world. The 'Petrodollar' was set up in 1973 by President Nixon and King Faisal which required Saudi Arabia to accept only U.S. dollars when trading oil around the world, in exchange for protection against the USSR. Subsequently all OPEC countries also agreed to sell oil only in U.S. dollars. This made the U.S. dollar very strong and oil was virtually free to the U.S. because they printed the currency it was traded in. However the downside to this meant the U.S. could import goods cheaply at a cost to their own production and export expensively creating a false economy. Also with the U.S. so reliant on their 'Petrodollar' agreement, if OPEC countries traded using another currency the value of the dollar would plummetThe protection the U.S. puts over oil is actually the protection of the currency itself. However, this is precisely the scenario that panned out in 2000 when Saddam Hussein began trading in the Euro, not only as a snub to the U.S. but also because the Euro offered 17% more per barrel. What happened next was 9/11 and the fallacy of the 'war on terrorism'. This war ensured that Iraq would be brought back to trading through the U.S. Dollar and sent a message out to all other OPEC countries. However in 2008 Iran dared to do the same and began trading in the Euro.

Of course Iran aren't the only country to do this either. From 1996 right up to a month before the NATO attacks, Gadhafi was trying to implement the African Gold Dinar in Libya to encourage trade from Arab nations and Africa to the rest of the world. This would have been hugely beneficial to African self-determination. NATO attacks followed and 'revolution' ousted Gadhafi and he was executed. The Libyan attempt at the 'Gold Standard' ceased. Going back to 2008 the U.S. has behaved increasingly threateningly towards Iran. Since the withdrawal of troops from Iraq this threat has stepped up, under the guise of resisting their nuclear program, which incidentally has been in development since the 1950's. This is a smoke screen to what they are really concerned about and is designed to gather public support for yet another Middle East war. Let's face it Israel have around 300 nuclear weapons, so Iran would be foolish to provoke a war there. Pakistan and India have around 100 nuclear weapons each and North Korea has an unknown amount. Suggesting Iran is a threat to Israel or to the U.S. is not at all reasonable. Incidentally Russia has nearly 5000 and America has around 2500 reportedly. The nuclear weapon concern is simply an excuse for America to threaten Iran with war and send a  message to other OPEC countries to continue trading with U.S. Dollar. In this way the U.S. offers protection not from the Soviet, that threat died away decades ago, but from themselves. Like the mafia, menacingly protecting businesses from getting smashed up, but on a much larger scale.  War also ensures the military corporations trundle on. Even if this means bankrupting their own country to maintain their 'Petrodollar' agreement it would protect their 'reserve currency' status and they can always prop up their economy by stealing Iranian wealth and resources later. The spoils to the victors and if you can't win by fair means, cheat. 

The UK as always follows their puppet-master and have hit Iran with sanctions. Incidentally the direct competition of the U.S. dollar with the Euro is one of the main reasons the UK isolates itself from the Eurozone.  With reference to oil-rich Iran rejecting the U.S. Dollar in favour of the Euro, starting war would be 'payback'. However, starting yet another war in the Middle East, as a so called deterrent against 'Weapons of Mass Destruction', would be so criminal, so inexcusable, so corrupt, that it could be and should be deemed a treasonable act and the U.S. leadership risk being tried for International war crimes.  Lets remind ourselves though, this is not a game. The war on Iraq was horrific for unarmed civilians and American soldiers and weapon makers exploited the very people they pretended to protect.


I doubt any amount of CIA mischief making will work in Iran to destabilise their government and assassination attempts are also unlikely so... 
...what does a country with a massive ego like America do, to promote another war in the Middle East and get away with it...AGAIN, while plunging its citizens into poverty? 

Hmmm, let's about -

- Gauge public support as much as possible using the corporate media. 
- Spread the 'Fear' message. 
- Provide the ex-CIA President with immediate and unquestionable power over National Security and Foreign Policy.
- Prepare control policies at home to prevent and quell civil unrest, including arresting and detaining indefinitely 'unpatriotic' citizens without trial and even assassinate undesirables if required
- Prepare concentration camps in the event of Martial Law.
- Increase Homeland Security exercises and military training for police in the event of Martial Law.
- Deploy troops strategically around Asia and the Pacific Rim. Contact the 6 Gulf partners and Australia. 
- Step up military training in South Korea as a warning to North Korea not to get involved.
- NATO are already in league with the U.S. but influence within the UN may be a requirement.

To gather public support against Iran the U.S. will spread propaganda, even create a phony attack to get things started. They will start an attack and get the media to report that Iran attacked first. Another option is a 'terrorist' home attack by devising a 'Northwood' operation and pinning it on Iran. It's worked on many occasions before. This could be on the table as we speak! But Let's not forget that Iran is no push over and Iran is not Iraq. Iran has a strong infrastructure.They have links with China, Russia and of course North Korea, as well as friends in the Middle East like Afghanistan, India, Pakistan, Syria and Palestinians. Even Iraq could become unlikely bedfellows considering the experiences they have endured over the past 20 years on and off at the hands of the U.S. Iran has a lot of money, so France and Germany could even help them regarding financial services. Not to mention the Rockerfellas of the world who have a history of backing both sides during major wars. God bless America.

Vote Ron Paul - End the Federal Reserve - Trade in gold - Bring the troops home.

"RON PAUL - PETRODOLLAR" in 4 parts.

Other Related Post:

Sunday, 19 February 2012

North Korea vs America: Who are they kidding?

The fear of attacks from North Korea has been raised since the beginning of this year (2012). Since Kim Jung Il died there has been an expected amount of interest in the media and questions as to whether North Korea poses a potential risk. Focus has been on their new leader Kim Jung Un, their military and nuclear capabilities, their closed borders, their economy and above all its speculated attitude toward human rights and freedom of speech. The mainstream media, show us a country racked in tyranny and destitution. 

Consider this: 3.5 - 4 million Homeless. 1.5 million children homeless. Kids speak of eating rats to survive and of wide-scale abuse. People living in sewage systems or tents in the woods. 46 million are impoverished.  Their secret police have caused more deaths than Hitler. Their incarcerated criminals in total and by percentage are higher than any other country in the world accounting for 25% of all the world's total prison population (7.5 million). 

Their government implement many control measures to keep their public subdued and suppressed which can include removing people and placing them in special 'camps' with no trial. Their National disasters are surrounded with conspiracy and suspicion. Their police are militarised and becoming more aggressive with each passing day and little is done in the way of justice to prevent violations. 

With an economy on a knife edge their military are poised on the edge of starting major war. Their media reports with bias and falsity. Positive propaganda is sent out about their rulers when it benefits them and negative propaganda when it doesn't. 15% are without work. Their National debt has increased to $16 trillion and their currency is becoming devalued and unpopular around the globe.

That's right not North Korea. This is America today. Most of the news reported by US main stream media is not only biased but is also one of the worst for manipulating your opinions and hiding the real stories and of course the real truths. Today you must turn off CNN and FOX etc. and with an open mind watch selective news coverage on the internet if you are going to get anywhere near reality. I have a number of  excellent news links on this webpage. 

When the media or the governmental commentators cast aspersions and fear regarding countries like North Korea - who they have purposely held down for decades - you know what they say - Pebbles and rocks in eyes, kettles, pots, black. Oh and stones and glasshouses. Well something like that. Today's growth in North Korea is actually a lot better than the US economy. That's not to say it isn't a poor country but the US are in serious turmoil and really need to concentrate on their own people's welfare instead parenting the world to suit their economy.

Before I continue I'll make this clear. North Korea has a very disturbing side to it and clearly requires social reforms to help ALL its people. It is still very impoverished generally with a dictatorial regime. It has a 'military first' philosophy, as they are determined to protect their independence from the threat of attack from the likes of the US and South Korea. North Korea has it's unique culture, which of course is alien to us. The trouble with the masses is that generally they believe the brainwashing on the telly, are lethargic when it comes to research, are media fed, commercially bound, overweight, overfed arses (not you of course, reader :D ). 

The North Korean way of life wouldn't suit us Westerners or many others around the globe, which coupled with 'propaganda' news makes it seem hostile to us. However their way of life is their normality and their purpose. Yes, North Korea has suffered more than its share of problems,  greatly through droughts, famine, flooding, self reliance, isolationism and of course US sanctions.  Atrocities? Almost certainly back in the 1950's when North Korea was shaping its way of life. Today? Well anything is possible, there has certainly been criminal kidnappings in recent years, but like it or nor their rules on trespassing are quite clear, so who would violate those laws knowing what they are?

  I've also heard first hand conflicting accounts as to human rights violations and as the news is fed in a biased way we must be open minded to these issues. (I used to work with many South Koreans who reported good and bad about both North Korea and South Korea). Neglect? Most definitely, particularly during the natural disasters, but almost certainly people and children are left to fend for themselves come-what-may even though there are state programs that provide food rations, housing, healthcare and education, not unlike America.

Although it is not deemed a monarchy, it is considered an hereditary rule not unlike the Great British monarchy. There is much made regarding the lavish lifestyles of their leaders and there is little doubt that this comes at a cost to the people, not unlike the Great British monarchy! Although their country is clearly not without its problems and its tyranny, how can the US sit in judgement when they have one of the most corrupt systems in the world, under the guise of democracy? Indeed America is a tyrannical police state that is steadily controlling its people and ruling the most ridiculous actions as crimes. A high percentage of 'criminals' are locked up for non-violent 'crimes'.

The US government are known to be training soldiers now in readiness for the possibility of Martial Law. In truth, no country is without forms of corruption at the top. North Korea's leaders are not without their own corrupt and vain view of themselves. There is no Utopia on Earth and the variances in culture are wide and extremely diverse. The masses may judge or dismiss cultures unfamiliar to them as perverse or corrupt yet they rarely question their own equally strange culture. Strategic war and military processions are an unnatural state of humanism.

Mourners gather in Kim Il-sung Square in Pyongyang, North Korea, on Tuesday, Dec. 20, 2011, to pay their respects to North Korean leader Kim Jong-il

The Royal Monarchy opening of parliament

The Obama administration is also seeking to expand military ties with the six nations in the Gulf Cooperation Council -- Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates and Oman.

A huge crowd stands in front of Buckingham Palace to see William and Kate on their Wedding Day

US Marines parading next to the US Marine War Memorial in Washington

 The world's attention is currently focusing on Kim Jong Un, Kim Jong Il's little-known successor and his third and youngest son.

Trooping the colour with the Scots Guards outside Buckingham Palace

Devoted followers bow to the statue of Kim Il Sung 'Eternal President'

Ex-President George Bush inspects the troops in 2009 

General Pak Chan Su: Pyongyang, North Korea

US Army General shows off his honours

This man is actually fake but it amused me so here he is on Remembrance Day with real ex-servicemen - You get the idea. : The Truth about North Korea? - you decide.

For over 60 years, successive US governments have been nothing short of controlling bullies abroad and increasingly at home in order that those with power and influence get wealthy out of the public purse. This means the politicians and corporate owned media always have to generate and create fear. The masses are fed this fear culture believing wars and police brutality are a necessary staple of living in 'freedom'. They are led to believe it is a necessary cost. It isn't. It used to be that Americans were constantly sold the 'Communist Threat' Card. Now it's the 'Terrorist threat' card. In reality if the US packed up their troops and left the world alone and concentrated on their own National Security instead of their overactive foreign policy, they would not only save billions in public money, they'd promote peace. It is not America's place to police the World. There are NATO and the UN to deliberate on a country's conduct, which would require American participation if necessary. There is also UNICEF and Amnesty International amongst others who can make arguments over Human Rights. America needs to take their troops home from their 900 bases worldwide. What the world doesn't need right now is the US military carrying out drills on the North Korean border while at the same time provoking Iran to react.

 A North Korean officer told an Associated Press staffer in Pyongyang on Sunday that North Koreans would respond to any provocation with "merciless retaliatory strikes."
Read more:

By moving aside, America would actually be assisting in the process of helping the people of Korea. By lifting sanctions and allowing countries the opportunity to sort out their own historical and economic messes they would encourage trade, not division. This has always been the case. In fact, the likelihood is that had America moved their influence out of South Korea in the late 1970's Korea may have reunified already, giving much relief to the people and encouraging a more democratic process. During the years of flooding and natural disasters they would have been better positioned to deal with it.  North Korea can eventually find peace, trade, tourism and even reunification with the South, which is the wish of North Koreans. Once the US puppet leader, President Lee Myung-bak, the conservative running South Korea is gone and if only the US presence was gone this would be a real possibility. Instead US tax dollars are paid directly to the weapon makers, politicians and military to continue funding 30,000+ troops in South Korea to continue with their policy of 'fear'. This hypocrisy and monetary waste not only harms North Koreans but also Americans and the fragile economy. By removing their troops back to the America, the US government can begin sorting out their own Human Rights issues instead of speculating and judging others.
*Chinese are pictured here not North Korean but I used this for reference to show Human Rights Violations are not exempt in the USA.

Ok, as I'm a lover not a fighter and after reading through and checking the media I want to finish off by revealing the other side of North Korea that the US fear factory politicians, media and brainwashed sheeple wouldn't want you to see. It is contrary to the usual stock pictures you are fed on the telly or in the newspapers. When you are looking for something, in particular to assist your argument you will usually find it, positive or negative. North Korea is a contradiction, but then aren't most countries and for that matter, most cities. Like I say keep an open mind. Just because something is alien to us it doesn't  mean it's has no worth. The North Koreans love their children too. Enjoy :)

" Don't be misled by the Western media, and see everything in this country with your own eyes. The DPRK is friendly to visitors from abroad."

Oops! How did that get in there?