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UPS on MSNBC last night?
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<blockquote data-quote="wkmac" data-source="post: 334113" data-attributes="member: 2189"><p>Brett,</p><p></p><p>There may be some statements of his that delve more towards the grand conspiratorial but a lot of what he said is more fact than fiction.</p><p></p><p>Nixon did remove the dollar from gold for all time in the early 70's and OPEC is required by international and his own law so to speak to only trade their oil on the markets in London or New York and it can only be sold in the global reserve currency, the US dollar. One reason the financial crisis in America has effected the globe is because of the dollar's dominate position. This was accomplished at the close of WW2 via what is known as the Bretton-Woods agreement.</p><p></p><p>Saddam attempted to circumvent the international embargo as much imposed on him by his OPEC friends as by the US by attempting to start his own oil market and using the Euro as it's trading currency. France and Germany were such roadblocks to GW's Iraq invasion because these guys are still old world imperialist at heart and here was the chance to knock down the economic dominace globally of the Anglo-American empire and maybe return old world Germany and France back into the game. Both France and Germany had placed their bets on the Euro and here is the chance to cash in so to speak. George Soros is a huge currency hedge fund guy and he also had a large stake in the Euro and thus a factor in his opposition to GW's MidEast adventures.</p><p></p><p>Over the coming years China and India especially will emerge more and more as economic powerhouses and huge engines of consumerism. As such, they will need vast quantities of energy and their are those who have suggested in 30 years these 2 giants will consume 6 to 8 times more oil than they do now. Saddam was a madman but it may not turn out in the end his madness was exactly like we were told and as a side note, ain't it interesing that in all the events over the last 7 years we've not heard a peep of objection from the Saudi Royal House concerning the fall of Saddam? They wanted him dead too. And that in itself is an interesting story going back to 1990' and the conversation of Bush 1 April Gillespie with Saddam Hussien about his thoughts concerns Kuwait.</p><p></p><p>As for the dollar and the removal of Gold, the Street website had an interesting article about Mr. Greenspan and his ideas on the dollar and it's relationship with gold backing. Greenspan is an interesting character having been a close friend and student if you will of Ayn Rand and the Objectionist movement. Reagan in 76' talked of returning to gold backing of the dollar and even killing the Federal Reserve and in 1980' he still spoke of returning to gold. When he named Greenspan, we thought we were on the way to Nirvana only to learn that "the Machine" is more powerful than we thought.</p><p></p><p>Saddam did the exact same thing in 2000' and what happened?</p><p></p><p>Meaningless? Coincidence?</p><p></p><p>Maybe or Maybe not!</p><p></p><p>Have a good one and just by chance you want to tell me that I'm a fool too, no need, I've completely established that fact all on my own so you can save the keystrokes!</p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/wink.png" class="smilie" loading="lazy" alt=":wink2:" title="Wink :wink2:" data-shortname=":wink2:" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 334113, member: 2189"] Brett, There may be some statements of his that delve more towards the grand conspiratorial but a lot of what he said is more fact than fiction. Nixon did remove the dollar from gold for all time in the early 70's and OPEC is required by international and his own law so to speak to only trade their oil on the markets in London or New York and it can only be sold in the global reserve currency, the US dollar. One reason the financial crisis in America has effected the globe is because of the dollar's dominate position. This was accomplished at the close of WW2 via what is known as the Bretton-Woods agreement. Saddam attempted to circumvent the international embargo as much imposed on him by his OPEC friends as by the US by attempting to start his own oil market and using the Euro as it's trading currency. France and Germany were such roadblocks to GW's Iraq invasion because these guys are still old world imperialist at heart and here was the chance to knock down the economic dominace globally of the Anglo-American empire and maybe return old world Germany and France back into the game. Both France and Germany had placed their bets on the Euro and here is the chance to cash in so to speak. George Soros is a huge currency hedge fund guy and he also had a large stake in the Euro and thus a factor in his opposition to GW's MidEast adventures. Over the coming years China and India especially will emerge more and more as economic powerhouses and huge engines of consumerism. As such, they will need vast quantities of energy and their are those who have suggested in 30 years these 2 giants will consume 6 to 8 times more oil than they do now. Saddam was a madman but it may not turn out in the end his madness was exactly like we were told and as a side note, ain't it interesing that in all the events over the last 7 years we've not heard a peep of objection from the Saudi Royal House concerning the fall of Saddam? They wanted him dead too. And that in itself is an interesting story going back to 1990' and the conversation of Bush 1 April Gillespie with Saddam Hussien about his thoughts concerns Kuwait. As for the dollar and the removal of Gold, the Street website had an interesting article about Mr. Greenspan and his ideas on the dollar and it's relationship with gold backing. Greenspan is an interesting character having been a close friend and student if you will of Ayn Rand and the Objectionist movement. Reagan in 76' talked of returning to gold backing of the dollar and even killing the Federal Reserve and in 1980' he still spoke of returning to gold. When he named Greenspan, we thought we were on the way to Nirvana only to learn that "the Machine" is more powerful than we thought. Saddam did the exact same thing in 2000' and what happened? Meaningless? Coincidence? Maybe or Maybe not! Have a good one and just by chance you want to tell me that I'm a fool too, no need, I've completely established that fact all on my own so you can save the keystrokes! :wink2: [/QUOTE]
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