Tuesday, May 09, 2006


Terrifying article about what the Iranian Oil Bourse opening could mean for the future of the US. The sh*t is beginning to hit the fan here. What I hinted about a few days ago is now busting into the MSM and alarm bells are ringing all over the place. In short, its an economic nuke attack against the US and the US dollar... It could end the US dollars role as the reserve currency of the world and plunge the US into 3rd world status.... Read the entire article!
The impending opening of the Iranian International Oil Bourse (IOB), set to commence trading next week on the island nation of Kish, strongly increases the chances of an imminent nuclear American-Israeli strike on Iranian nuclear and financial facilities. The electronic oil bourse, much discussed by terrorism expert Webster Tarpley, appears ready to launch in the coming weeks or even days. Because it will offer oil in euros, it may trigger the rapid collapse of the U.S. dollar.


On May 8, Bush apologist Jerome Corsi penned an editorial entitled “Iran Signs It’s Own Death Warrant.” Corsi is the same GOP hack who helped sponsor the Swift Boat ads & wrote Unfit for Command during the staged 2004 presidential election. In his article he admits a major reason for the US invasion of Iraq was the oil-for-euros policy of Saddam Hussein, and warns of China’s interest in the oil bourse.

He then goes further, predicting an imminent US attack: “If Iran wants also to seriously threaten the dollar's position as a dominant foreign reserve currency, a war becomes almost certain. The Iranian oil bourse may never be mentioned by U.S. policymakers as a official reason the United States decides to go to war with Iran, but it may end up being the straw that broke the camel's back.”


Before this week, the mainstream media had tried desperately tried to blackout news about the bourse. A small mention came in a UPI article from April 25, while an April 2 piece in the San Francisco Chronicle warned, “the bourse would rival the New York Mercantile Exchange and International Petroleum Exchange in London -- the twin centers of the oil-trading world. They quoted the cogent analysis of finance scholar Krassimir Petrov, who wrote, “The Iranian government has finally developed the ultimate 'nuclear' weapon that can swiftly destroy the financial system underpinning the American Empire."


It appears the bottom may already be falling out from under the financial house of cards. The fiat currency ponzi scheme, bloated by hundreds of trillions in leveraged derivatives, hedge fund manipulations, and unregulated currency speculation, appears doomed.

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