Musings, perspectives, rants

Feb 2, 2006 at 11:44 o\clock

Iran - the real reason

by: enzedder   Category: Iran   Keywords: Iran

It's not about nuclear weapons.  Like Iraq, Iran is being demonised for daring to, supposedly, develop nuclear weapons.  
Hey the lie worked before, why not use the same one....
"Washington (PRWEB) January 26, 2006 -- Author and historian Webster 
Griffin Tarpley warned today that the Bush administration is in the 
advanced stages of planning for a catastrophic nuclear sneak attack 
on Iran. The goal, said Tarpley, would be incidentally to disable 
Iran's nuclear capacity, but mainly to prevent the opening -- timed 
to coincide with the Iranian New Year on March 20 -- of the first 
non-dollar international oil market since 1944.

"A few nuclear bombs in Iranian hands hardly add up to a strategic 
threat to the United States," said Tarpley. "But the new Iranian 
euro-based oil market or oil bourse as it is called has the potential 
to oust the dollar as the world's reserve currency, causing central 
banks to shift a trillion dollars or more in reserves into the euro 
and other destinations. That would spell immediate doom for the US 
stock price bubble and real estate bubble as hot money streamed out 
of this country. It would cut Wall Street and London out of a myriad 
of lucrative transactions, and deprive the US-UK combine of their 
ability to interfere in access to other people's oil," he added.

The Iranian oil bourse would be the first euro-based oil market in 
the recent history of the world where sellers and buyers of oil could 
come together for spot and futures transactions independent of the 
dollar, thus outside US control and without Wall Street skimming off 
a hefty part of the profits. Today's privileged position for the 
dollar is "obsolete and removed from reality," Tarpley asserted.

"The 213-point drop in the Dow last Friday on reports that Iran was 
shifting funds out of Europe is the merest hint of what may be 
coming," Tarpley noted. "If the Iranian oil bourse opens, the 
colossal instability to the dollar, the stock market, and the US 
banking system will very likely be revealed rather quickly."

The current system allows the US to export unlimited supplies of 
dollar bills to buy goods abroad, resulting in a yearly trade deficit 
of $700 billion and counting. Americans should not feel threatened by 
the inevitable crisis of this system, Tarpley pointed out, since the 
unique US privilege of importing without producing, as world dumping 
ground and buyer of last resort, has cut the US standard of living in 
half since 1970, creating a low-wage economy. It is time for the US 
once again to earn foreign exchange by producing exports which will 
mean jobs and prosperity here.

"A rational way out would be to rebuild the world monetary system 
around fixed parities among the dollar, the euro, and the yen as 
equal participants, with gold settlement and a credit mechanism to 
expand exports of capital goods. This would avoid a new general war."

"As for 'Helicopter Ben' Bernanke, the incoming Federal Reserve boss, 
he is clearly getting ready to gin up the printing presses to print 
an avalanche of paper dollars if the Chinese and Japanese demand cash 
for their plummeting US Treasury bonds in the near future -- what 
economists call monetization of the debt. The Fed will soon stop 
publishing the M3 data series on the money supply, which is the one 
that would reveal a monetization of debt. Bernanke seems to have 
Weimar-style hyperinflation written all over him," Tarpley commented.

"The lunatic neocon war plan for Iran is doomed to failure, just as 
their Iraq adventure was," Tarpley concluded. "If attacked, there is 
every indication Iran would cut the world oil aorta at the Straits of 
Hormuz, fire off missiles at Israel and other targets, and unleash 
Iraqi Shiites and Iranian volunteers around Basra. The position of 
the US and especially the UK forces there would soon become 
extraordinarily critical. If Russians and Chinese were killed in the 
raids, the stage would be set for larger confrontation. All of this 
would guarantee endless war and economic ruin for the US and the 
dollar. Why not avoid this incalculable folly by calling right now 
for a new Bretton Woods international monetary conference, which 
would be welcomed by the world community as a whole?"

Webster G. Tarpley is an experienced political expert based near 
Washington DC. He is the author of "George Bush: The Unauthorized 
Biography" (1992), "Surviving the Cataclysm" (1999) a study of the 
world financial crisis, and "9/11 Synthetic Terror: Made in USA" 
(second edition 2006), the first work to tie 9/11 to the neocon 
"flight forward" into military expansionism in an attempt to shore up 
the dollar. The revised edition also covers the war drive against Iran.

Tarpley's 1992 Bush biography was the first to document the Bush 
family's support of Hitler. Investors who followed his 1999 advice to 
buy gold in "Surviving the Cataclysm" have doubled their money now. 
His "Who Killed Aldo Moro" (1978) was the first to expose the Red 
Brigades as "synthetic terror" assets of the neofascist P2 lodge."
From Behind the mad rush to bomb Iran

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