Wealth Warfare: US grabs Gaddafi assets

The Revolutions in the Middle East have produced many results, in Tunisia and Egypt the overthrow of the government, whether this is staged or organic I am not here to debate, what I do want to draw your attention to however is what is being heralded around the world as a justifiable and seemingly unarguable freezing of these dictator’s assets.

What could be argued that is happening right now, to Qaddafi in particular, is economic warfare against him and his regime. His money, around $100 billion spread around the globe, is having the hands of the United States taking a stake in this money. The United States alone has frozen $30 billion dollars of Qaddafi’s assets within its borders, the largest in history.

Is it about taking dictator’s money and confiscating it? Or is it about freezing the assets, billions of dollars in worth, and using that as the control mechanism of these dictators, wielding over top of them all of their wealth to bring them to the demands of Washington, London, or whoever? It is a power grab through freezing the assets.



Think about this for a moment. February 11th reports out that Switzerland froze the suspected assets of Hosni Mubarak according to Reuters and that same day the report came out of the reported freezing of assets Hosni Mubarak stepped down, just 19 hours after he swore to remain in office.

Could the freezing of his assets and a deal by the West to Mubarak have convinced him to step down just 19 hours after saying he will not step down?

6 days after President of Tunisia Ben Ali steps down Reuters reports that Switzerland froze his assets. Now this supposedly occurred after his resignation, however what are the chances that the Swiss forewarned him of this impending freeze to create a deal in which he steps down and the rest unknown?

February 26 Obama orders Qaddafi’s assets frozen according to BusinessWeek and just 2 days earlier Switzerland froze his family’s assets according to Bloomberg. And just on Monday Qaddafi reportedly offered to step-down according to the Huffington Post.

So what is going on here? Is the West using these dictator’s assets as a tool to place considerable influence upon them? What is your opinion?

Good article in RT Here

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BUMP

I'm here I'm here!!!

This is where we are headed... (most likely)

Link to source: July 26, 1941

On this day in 1941, President Franklin Roosevelt seizes all Japanese assets in the United States in retaliation for the Japanese occupation of French Indo-China. On July 24, Tokyo decided to strengthen its position in terms of its invasion of China by moving through Southeast Asia. Given that France had long occupied parts of the region, and Germany, a Japanese ally, now controlled most of France through Petain's puppet government, France "agreed" to the occupation of its Indo-China colonies. Japan followed up by occupying Cam Ranh naval base, 800 miles from the Philippines, where Americans had troops, and the British base at Singapore. President Roosevelt swung into action by freezing all Japanese assets in America. Britain and the Dutch East Indies followed suit. The result: Japan lost access to three-fourths of its overseas trade and 88 percent of its imported oil. Japan's oil reserves were only sufficient to last three years, and only half that time if it went to war and consumed fuel at a more frenzied pace. Japan's immediate response was to occupy Saigon, again with Vichy France's acquiescence. If Japan could gain control of Southeast Asia, including Malaya, it could also control the region's rubber and tin production—a serious blow to the West, which imported such materials from the East. Japan was now faced with a dilemma: back off of its occupation of Southeast Asia and hope the oil embargo would be eased—or seize the oil and further antagonize the West, even into war.

I think we know what happened a few months later...

We are headed in the wrong direction folks. Fuel prices are rising. The dollar is losing value and most likely will disappear very soon. And with Obama even thinking about tapping into our reserves can be costly if read what happened to Japan when their assets were frozen and entered war.

In our case, we are experiencing inflation and our assets will just destroy themselves. But atleast someone is stopping him. But here's where we get involved. That and supplying the Saudis with arms and war supplies.

Hold onto your butts...

~the Doc

reply to post by Misoir


Yes I took not of this as well, lying, thieving corrupt governments and banksters, they do it here in the states and do it to others nations as well. This should teach all the other nations not to keep their money in banks owned by others, they should keep their assets where the banksters and governments cannot get to them. This is one of the main reasons I took all my money out of the banks, you put money in a bank to keep it safe, but the banks will give the government your money at a drop of a hat, so the banks fail to do their job and protect your money, therefore do not give the banks your money.