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1 19th June 21:48
serwad
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Posts: 1
Default DUMPING DOLLAR



(BTW, IN BARCELONA IT TAKES FIVE OF THEM TO BUY A CUP OF COFFEE, AND DO NOT
THINK OF EATING MORE THAN ONCE A DAY)

War threats follow Countries dumping US dollar
2 comment(s).
Countries dump dollar in dealings for oil
dumping the dollar - Syria, Iran, Iraq, Venezuela

THE OIL-CURRENCY-WAR THEORY

SYRIA:

Syria has switched all of its government foreign exchange dealings from
dollars to euros as part of a political stand-off with the US. Is it really
"a political stand-off"?

Or is it simply lack of confidence in the monetary unit of a nation which
had so quickly squandered its surplus and turned it into an unfathomable
deficit, refuses to educate its young people, informs its politics by
absorbing the lies from Fox News, and allows itself (original story at BBC
http://news.bbc.co.uk/1/hi/business... Feb 14, 2006)
http://gaelicstarover.blogspot.com/...

IRAN:

An Alarm based on 2 verifiable events The announcement of this crisis
results from the ****ysis of decisions taken by the two key-actors of the
main on-going international crisis, i.e. the United States and Iran:

on the one hand there is the Iranian decision of opening the first oil
bourse priced in Euros on March 20th, 2006 in Teheran, available to all oil
producers of the region ;

on the other hand, there is the decision of the American Federal Reserve to
stop publishing M3 figures (the most reliable indicator on the amount of
dollars circulating in the world) from March 23, 2006 onward

[1]. February, 2006. http://www.newropeans-magazine.org/...

IRAQ

The Americans could live with Saddam until he started selling oil for euros
instead of U.S. dollars. Then the Europeans could live with him.

If this oil-currency-war theory is a delusion, the U.S. administration can
easily discredit it -- by declaring that the USA has no objection if oil
exports to the Euro Zone are denominated in euros. March 26, 2003
http://www.trinicenter.com/oops/ira...

VENEZUELA

Venezuelan move to replace US$ with the ?uro upsetting Washington more than
Saddam's ?uro conversion last November - June 18, 2003
http://www.vheadline.com/readnews.a...

For more, read Congressman Ron Paul's speech on dollar hedgmony

February 15, 2006: The End of Dollar Hegemony "Since printing paper money is
nothing short of counterfeiting, the issuer of the international currency
must always be the country with the military might to guarantee control over
the system.

This magnificent scheme seems the perfect system for obtaining perpetual
wealth for the country that issues the de facto world currency. The one
problem, however, is that such a system destroys the character of the
counterfeiting nation's people-- just as was the case when gold was the
currency and it was obtained by conquering other nations. And this destroys
the incentive to save and produce, while encouraging debt and runaway
welfare. " http://www.house.gov/paul/congrec/c...
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2 19th June 21:49
captain.
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dump em in my account spermy!
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3 21st June 07:56
intelli gent design
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You forgot to post your bank account and credit card numbers !
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4 22nd June 00:49
captain.
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bah, what's the use? all spermwad has are food stamps anyhow.
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