There are different reasons this administration chose to invade Iraq. The PNACers want to re-shape the middle east in the image of the west, the oil
companies are chomping at the bit to run Iraq's oil business (the world's 2nd largest reserves) and the military wants permanent bases in the heart
of OPEC. But the number one reason BushCo. chose to invade Iraq is to keep OPEC from switching their oil trade currency to the Euro.
Saddam made the switch in 2000 and made a handsome profit because of it. It was an act of defiance that effectively sealed his fate. From that time
forward, both Iran and Venezuela have considered switching as well. That was why this administration was in such a hurry to invade. (In the June issue
of Vanity Fair magazine Deputy Secretary of Defense Paul Wolfowitz admitted that they decided on WMD to be used as the excuse to invade. Why? Because
it was something they could all get behind and it would scare the shyte out of Americans. Nice, huh?)
Since Saddam's switch, the dollar has continued to drop in value against the Euro. Here's a look at the situation as of today:
Economic Risks Feared Amid Falling Dollar
By James Toedtman
Chief Economic Correspondent
January 19, 2004, 6:52 PM EST
Washington -- Gasoline prices on Jericho Turnpike are high and going higher.
The situation in Iraq is a disaster. We have no exit strategy. More proof that the administration has no intention of leaving. They're gonna keep
that boot on the necks of Saudi Arabia and Iran as long as they absolutely can. We're pretty much damned if we do and damned if we don't at this
point. If OPEC switched to the Euro for it's trade currency, the United States economy would be in serious jeapardy of collapse. This is not
speculation, this is the frightening truth of the situation. Here is an essay explaining this situation:
A Macroeconomic and Geostrategic Analysis of the Unspoken Truth
"I hypothesize that President Bush intends to topple Saddam in 2003 in a pre-emptive attempt to initiate massive Iraqi oil production in far excess
of OPEC quotas, to reduce global oil prices, and thereby dismantle OPEC's price controls. The end-goal of the neo-conservatives is incredibly bold
yet simple in purpose, to use the 'war on terror' as the premise to finally dissolve OPEC's decision-making process, thus ultimately preventing the
cartel's inevitable switch to pricing oil in euros."
Right or wrong, this is the situation we are faced with. How will we resolve this? Will we be in Iraq for the forseeable future? Will we invade Iran
and Saudi Arabia? There are so many questions and so few answers. What if the Shi'ites in Southern Iraq rebel and a civil war ensues? Will that pit
Turkey and US against each other, with regard to the Kurds? Will OPEC eventually go with Euro and what will become of the US if that happens? Whatever
happens is anyone's guess. I just can't help but wonder if this is the beginning of the end for this once great nation?