On Fri, 17 Feb 2006 20:12:55 -0600, F. George McDuffee
wrote:

On Fri, 17 Feb 2006 18:07:42 -0600, "John Scheldroup"
wrote:
http://energybulletin.net/12125.html
II. Iranian Oil Bourse
The Iranian government has finally developed the ultimate "nuclear"
weapon that can swiftly destroy the financial system underpinning the
American Empire. That weapon is the Iranian Oil Bourse slated to
open in March 2006. It will be based on a euro-oil-trading mechanism
that naturally implies payment for oil in Euro. In economic terms, this
represents a much greater threat to the hegemony of the dollar than
Saddam's, because it will allow anyone willing either to buy or to sell
oil for Euro to transact on the exchange, thus circumventing the U.S.
dollar altogether. If so, then it is likely that almost everyone will eagerly
adopt this euro oil system:
===============================
Several sources have indicated it was exactly this that actually
caused the war with Iraq. Not only was Saddam's government
beginning to price oil in euros, it was also [successfully]
speculating against the American dollar. According to these
sources what triggered the actual invasion was a well developed
plan to stage a bear raid against the American dollar/economy
similar to what Soros was able to do against the British Pound
and several Asian currencies. Saddam feels [with some
justification] that he was double crossed by the US after waging
proxy war against Iran for them, and then [apparently] receiving
the green light from our Ambassador April Galspie for a Kuwait
invasion to recoup the part of his financial losses that the U.S.
did not cover through the food export program.
see http://www.fas.org/spp/starwars/cong...2/h920731g.htm
and
http://www-tech.mit.edu/V112/N54/cia.54w.html among many sites
for details on this.

See http://www.whatreallyhappened.com/ARTICLE5/april.html
and
http://www.chss.montclair.edu/english/furr/glaspie.html
among many other sites for details on the Galspie/Saddam
meetings.

While I dismissed this at the time, it now appears to be more and
more correct.

Saddam also refused to buy from the Rumsfeld/Cheney/Bush approved
vendors list and instead went with lower bidders, which did not seem to
include such as Halliburton or many US arms dealers.
--
Cliff