Nabbed from this MSN BLOG (wordpress ate the html, sorry):
Why our Government will attack Iran before March 20
On March 20- Iran will do what Iraq and Venezuela were PREVENTED from doing by U.S. Interference.

“On the start of the Iranian New Year- March 20, 2006 on our calendar, Iran intends to open its own commodity market for oil and gas. This new bourse will be similar to markets in NY and London with one critical exception…

Trades will be conducted in Euros, not dollars.”

from www.isecureonline.com/reports/mtr/emtrg206/home.cfm

This is why Dick Cheney and the Bush administration are rushing to validate some kind of attack on Iran, not the supposed Nuclear capability. It’s another red herring to prevent an Oil power from going Petro-Euro on the U.S.Dollar. Ever since Nixon refused to pay Gold in exchange for the Dollar, The American dollar has been been backed by an agreement with OPEC to price oil exclusively in U.S. Dollars. So in effect, Oil backed the U.S. dollar since that time.

This is one of the primary reasons Foreign countries like China have been hoarding U.S. Treasuries for the past 20 years. At this time last year, China was spending 7.8 million an hour, 187 million a day, buying U.S. treasuries and dollars and holds in excess of 120 Billion in U.S. treasuries, not to mention what the Saudis own as well.

This is the ONLY reason our economy HAS NOT Collapsed into a major recession for the past ten years. The foreign money has been propping up our economy as we rack up record National Debt and Trade deficits under the “Conservative” policies of the Bush administration.

Saddam threatened to pull the plug on the U.S. dollar in 2000 and we ousted him. Venezuela’s ambassador spoke to Russia of doing the same in 2001. Within a year there was a coup attempt against Chavez, reputed to be supported by the CIA. The coup failed, but Chavez pulled back against moving to the Euro.

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This entry was posted on Saturday, March 4th, 2006 at 4:17 am and is filed under Politricks, Someone Clever Said.