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posted by DigitalGrl: “Ya know, I keep reading on ATS 3 weeks until war or terrorist attack in the works, and when you turn on the news every TV station says something different. So lets go beyond all the hype for a second because it's making me dizzy. How many of you really think another terrorist attack on the United States is really in the works and if so what do you think is their most likely target? for those of you that don't I would appreciate it if you could explain why it is that you hold that view point.
I’m not saying I’m totally lost on this whole subject but I would like to just go beyond what people's fears are and get to the facts at hand and discuss them with all of you. Thanks a bunch ahead of time for contributing! CHEERIO! DIGITALGRL [Edited by Don W]
Originally posted by darksided
Dirty Bomb in London foiled:
Originally posted by donwhite
On Nine Twelve I asked for and expected to hear a national debate WHY had America been attacked? The best our Supreme Court designated leader could provide was “they hate our freedoms.” Which I rate intellectually as equal to a seventh grader. There are 3 or 4 reasons for Nine Eleven. I offer, America’s backing of Israel. American (infidel) forces on the Arabian peninsula (holy ground.) America’s long time support of autocrats or dictators in Middle Eastern countries. Flip side, same coin, America’s involvement in thwarting Islamic regimes in Algeria and Egypt.
Originally posted by uknumpty
Originally posted by darksided
Dirty Bomb in London foiled:
How can you use the above as an example? It's an ongoing case and the defence haven't even taken to the stand. Nothing was foiled as they didn't get their hands on any dirty bomb from the russian mafia.
Most of the other evidence seems to consist of insane ramblings.
posted by NotClever: “I've been considering this question myself. I wondered why the U.S. has not experienced the types of relatively small, highly visible, terrorist actions that London, Madrid, or Bali have? I think U.S. geography is the primary reason . . its immense physical size. I think that's why most recent [terrorist] acts have been in relatively small countries. When the other side of the country is less than a day’s drive away, that's close . . that's in the neighborhood. It takes over 3 days to drive the width of the U.S. Consider also Canada and Australia, both immense countries, and no known, small scale terrorist actions.
I think a future terrorist act will be big and located in a place calculated to cause the greatest impact. I'm not terribly confident in this country's security apparatus; so my confidence level in the occurrence is high. Someplace that has a large number of international visitors. Disney World? If I were head of security at a venue like this, I would have already chewed my fingernails down to the first knuckle. NC [Edited by Don W]
Euro vs Dollar
Today, the world's central banks prefer to hold euros - especially countries on bad terms with the US.
The dollar has stayed just above a record low against the euro pressured by news that Russia may consider boosting the share of euros in its $100 billion-plus foreign currency reserves.
A recent rebound in oil prices has also raised concerns about the US growth outlook, burdening the dollar already reeling from a market view that Washington may want the dollar to fall to help cap the huge US current account deficit.
Euro versus dollar is a war between the world's major currencies.
Although the dollar has been trading sideways for most of 2004, many say there is no chance for it to resume the heights it occupied during the late 1990s and up until January 2002.
Since then, the date of introduction of the euro in its physical cash form, the dollar has been locked in a downtrend that even the recent sideways movement has not interrupted.
But the truth is that the dollar keeps dropping, and as prices move higher, the dollar is buying less, and less.
The euro was designed to replace the dollar as the world's reserve currency, and that's exactly what is now happening! The dollar has in fact lost international support.
In the past, the dollar was supported by all of the world's central banks because there was no alternative reserve currency. The greenback was literally the only game in town. They needed the dollar.
That has now changed.
Today, the world's central banks prefer to hold euros - especially countries on bad terms with the US. This euro vs. dollar trend has drastically reduced worldwide demand for dollars, and the greenback's forex value has dropped. A lower dollar will make imported goods more expensive for consumer countries. For example, OPEC has cut production quotas to raise oil prices, because the falling dollar makes them lose money. They have even threatened to sell their oil for euros instead of dollars!
More than half of Iran's assets in the Forex Reserve Fund have been converted to euro. It is believed that higher parity rate of euro against the US dollar will give the Asian countries, particularly oil exporters, a chance to usher in a new chapter in ties with European Union member countries.
The United States has dominated other countries through its currency. The superiority of the dollar against other hard currencies enabled the US to monopolize global trade.
World trade was a game in which the US produced dollars and the rest of the world produced things that dollars could buy. The world's interlinked economies no longer trade to capture a comparative advantage; they compete in exports to capture needed dollars to service dollar-denominated foreign debts and to accumulate dollar reserves to sustain the exchange value of their domestic currencies.
Now, the competition between euro and dollar is hoped to eliminate the US monopoly in global trade.
Iran, from the beginning approved the euro, which some observers believe could allow the country to free itself from the US dollar, which it uses for international business and transactions.
For long, the dollar has been used extensively in Iran, notably for its international deals as the number two exporter in the Organization of Petroleum Exporting Countries (OPEC), despite the severed relations between Tehran and Washington.
Many experts have called for adoption of the euro as the currency of the OPEC and for Iran itself in oil and non-oil deals.
Experts say if the euro is uniformly adopted in Europe and makes substantial gains on the dollar, Iran must capitalize on the opportunity to utilize this new single currency for its financial dealings on the oil market as well as for non-oil exports.
The euro could pave the way for an international financial unit and universal monetary union in the long-term, regardless of political issues.
Oil revenue is the backbone of the Iranian economy and parliamentary approval remains key to any decisions surrounding the politically sensitive energy sector.
Iranian sources say the Central Bank of Iran has been putting increasing pressure on the Oil Ministry to implement the currency change so as to avoid losses as the value of the dollar declines.
The US Federal Reserve's greatest nightmare is that OPEC will switch its international transactions from a dollar standard to a euro standard. Iraq actually made this switch in Nov. 2000 (when the euro was worth around 80 cents), and has stood to gain considering the dollar's steady depreciation against the euro.
The real reason the Bush administration wants a puppet government in Iraq - or more importantly, the reason why the corporate-military-industrial network conglomerate wants a puppet government in Iraq - is that it will revert back to a dollar standard and stay that way. The administration is also hoping to veto any wider OPEC momentum for the switch from Iran and other OPEC members including Saudi Arabia.