U.S. Beats War Drum as Iran Dumps the Dollar
The seemingly ever escalating rhetoric against Iran by U.S. officials took another step forward today. A senior military official leaked to the press plans to publicly reveal the evidence of weapons caches found in Iraq which can be directly traced back to Iran.
The types of weapons found such as roadside bombs are believed to have been meant for use against the occupying American forces.
This plan to publicly present evidence of Iranian support for Shiite militias inside of Iraq comes at virtually the same time that Iranian officials have confirmed that they have completely dumped the dollar in their oil trades.
It is being reported by an anonymous official that plans to release evidence were going to go forward sooner than is now expected because Iraqi officials want to first meet with Iranian officials to discussion a possible solution to what U.S. officials see as a growing problem.
Adding even more fuel to the fire of speculation is the recent arrival of a second United States aircraft carrier just of the southern coast of Iran. Secretary of Defense Robert Gates was quoted yesterday while in Mexico as saying that the 2nd aircraft carrier is a “reminder” and not a threat or elevation of pressure on Iran. Though it is now being reported by an anonymous senior official that the USS Lincoln was a replacement for the USS Truman which is now reportedly returning to its home base, this has not yet been confirmed.
It is important not to underestimate the possible severity of Washington’s response to the announcement of Iran dumping the dollar in oil exchanges and opting instead for the euro and the yen.
It is some economic analyst’s belief that Saddam Hussein’s decision to switch from accepting the dollar to accepting the euro in 2000 was one of the significant developments that transformed opinions in Washington. Vice President Dick Cheney’s opinion was the highest profile example of a reevaluation of Iraq (after Saddam’s dumping of the dollar) which led to the belief that regime change in Iraq was necessary to protect American interests.
Some American economists fear that by Iran dumping the dollar it could lessen the need for other countries around the world to hold onto their large reserves of United States Federal Reserve notes. This would likely result in the further plunging of the dollar as well as the continuing climb of fuel prices. In recent weeks the dollar has shown some resiliency, but most of the world’s leading economists, such as Ben Fulford, a former Asian Bureau Chief for Forbes, who calls the recent dollar movement a “dead cat’s bounce” believe that while the Federal Reserves move to flood the economy with cash may have a short-term effect of essentially buying some time, the writing is on the wall for the U.S. economy.
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Comment by LiberalsVSConservativesDOTcom on 4 May 2008:
This was a long time coming. This is what happens when you bully a country and don’t have peaceful relations.
We in the USA are in trouble. Maybe we should start doing things right instead of trying to bomb or threaten.
Comment by abrady on 5 May 2008:
Stop invading and killing innocent children , start negotiations in the way of mr. Nelson Mandela did in South Africa , you are messing up our world with your oppression of those who got no defense .
Comment by warnothanks on 18 June 2009:
HEY! We found the weapons of mass destruction! They’re in Iran!
Comment by karl lemay on 19 June 2009:
This website has a script virus running, according to my security system.
Thought you’d want to know.
Comment by Menno on 19 June 2009:
To the extent that you do not have someone knowledgeable of the English language proof-read your articles before posting, you lose a great deal of credibility. This article was clearly written by a person for whom English is not the first language.
Comment by Ian deMontfort on 19 June 2009:
After the Zionist elite have used America, America will be left to die alone. It’s people will be enslaved by a One World Government and those who betrayed the USA and the rest of us will be elevated for services rendered until they too are no longer useful. Come on people, wake up and start fighting for your rights to live unmolested and free by not imposing tyranny upon others. The human race is being played by artificial divisions. Bring the soldiers home, keep your guns and prepare to take back what was stolen so long ago. The power elite have no morals, so that means their laws have no meaning. Stay strong and true to the greater cause of Humanity.
Comment by Mike on 19 June 2009:
Ian deMontfort, I totally agree! The meaning and ideology of true political freedom has been hidden from American society for decades. Our children go to public school to learn how to be good cannon fodder for the elite’s children whom go to private schools. Freedom in America has become a sideshow. If you own a huge gas guzzling truck, can watch NASCAR on sunday after church and visit the Creation Museum whenever you want, then you are free. makes me sick.
Comment by A. Sachs on 19 June 2009:
This article was written by a 5 year old.And why do some idiots still cry ‘ its the zionist,its the zionist ‘ ? Its the European which is a pest upon mankind.The caucasian is a disease and a cancerous growth upon mankind.America and Europe are plagued by an infestation of the worst parasitic pandemic.
Comment by A. Sachs on 19 June 2009:
This article was written by a 5 year old.And why do some idiots still cry ‘ its the zionist,its the zionist ‘ ? Its the European which is a pest upon mankind.The caucasian is a disease and a cancerous growth upon mankind.America and Europe are plagued by an infestation of the worst parasitic pandemic!
Comment by Mike on 20 June 2009:
Nelson Mandela is a terrorist,dont you even know that?He is a Zionist shill who was held for killing women and children.If he was not a Zionist shill then he would have been executed and not sent to Robben Island for later use.The Zionists are behind apartheid and Nelson Mandela killed innocent people.What you must understand is that the US is the flea in everyones collar!
Comment by Shirley Rothman on 20 June 2009:
Melson Nandela was a lovable hero,how dare you speak so much hate?
Comment by Dave on 22 June 2009:
Iran is a country full of religious Zeolots, made of Mullahs, who haven’t the foggiest idea of what it is to be a civilized country. They probably should be left with just sticks and stones to fight their battles, but alas they got the evil Russians to supply them with dangerous weapons of mass destruction, and I wouldn’t be surprised if Russia steps up the ante to them (En Gratious) with more dangerous weapons.