My mom told me that the family is the most important thing one can ever have. But how can I tell when she is the one stopping me from having one? - julie mae allego
Captain Cynic Guides
Administrative Contact
Talk Talk
Philosophy Forum
Religion Forum
Psychology Forum
Science & Technology Forum
Politics & Current Events Forum
Health & Wellness Forum
Sexuality & Intimacy Forum
Product Reviews
Stories & Poetry Forum
Art Forum
Movie/TV Reviews
Jokes & Games
Photos, Videos & Music Forum

Petro dollar and Iran war

User Thread
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
Petro dollar and Iran war
556. Petro-dollar, the cause of Iran war (7/4/08)

People think the nuclear ambition of Iran is the reason for Iran war. That is only right on Israel's part. For US part, it is petro-dollar.

US dollar is appointed currency in oil trading. Because the oil trade is a huge business, a large amount of dollar is locked up in that trade. That money is called petro-dollar. Why it is so important to US? Because it acts as a long term none interest loan The prosperous US economy partly was based on the petro-dollar - a long term loan without interest. Let me depict it in this way:

US bought a house from Japan (whom represents the oil customers of Iran) for one million dollars. US also bought another house from France (whom represents other oil customers of OPEC) for one million dollars. Japan and France use these two million dollars as fund to buy oil. The money was used in oil trading circle and never back to US. US enjoys the two houses almost free. He doesn't have to pay monthly mortgage payment. Not a penny for interest, nor for principle. All the cost was the printing of a green back paper. However, that green back paper - petro dollar, is still a debit note. How long is it? So far it's more than forty years - since dollar became the appointed oil trade currency.

But suddenly, Iran refuses to accept dollar. Japan has to ask US to exchange that one million dollar into Euro or yen. What US can do is: 1. to get the dollar back by export more merchandise. But he is not able to. He has a trade deficit already. 2. To get the dollar back with gold or foreign currency reserve. But he hasn't that much reserve. 3. To lock up that extra one million dollar in US Bond by raising the interest rate to attract the buyer. But he unwilling to do it. There is a sub-prime crisis in real estate market. Any interest increase will further devalue the house. Feds holds a large amount of real estates in my case, they don't allow such thing to happen. So to solve the problem, they go to the fourth option. 4. By pushing up the oil price.

France (other oil consumption countries) keeps one million dollar as oil trading fund. How much does he need if the oil price doubled? Two million. Thus the one million dollar Japan abandoned is absorbed by France. That's why the oil price jumped like crazy in recent days - a tricky way to keep US dollar from collapsing.

US has to pay for high oil price too. Ordinary people bear the cost. But the high oil price will hurt the economy. The condition won't last long. So war on Iran is unavoidable.

Of course, US is a "democratic" country. It can't start a war because others refusing to use its currency. Then beware of another 911 style false flag attack.

We know there was an incident of live nuclear head weapons being carried over the continental US by a B-52 last August. There is attempt of dirty bomb attack in Houston this year.
Quote, "State of Emergency: The US in the Final Six Months of the George W. Bush Administration
by Lewis Seiler and Dan Hamburg
June 13, 2008 by CommonDreams.org
.......
Former National Security Agency analyst and naval intelligence officer Wayne Madsen has been in Houston investigating the Carnaby case at great personal risk. Madsen believes Carnaby was involved both in heading off a potential war with Iran (by leaking Mossad plans to assassinate Hezbollah leader Hassan Nasrallah just days before Carnaby himself was killed) and in trying to forestall a potential terrorist attack on the port.
According to Madsen, 'federal agents in Houston fear that 'another 9/11-type part false flag' attack is imminent, perhaps as early as July 4.'.......

http://www.commondreams.org/archive/2008/06/13/9596/

Another time factor for Iran war is the Olympic Game in August. China has interest in Iran. He is an oil customer of Iran. Olympic Game could be an extortion chip for China's support in Iran war.

| Permalink
 46yrs • M •
A CTL of 1 means that Dionysius is a contributing member of Captain Cynic.
Hmmmmmmmmmm

I've heard this before

and I see this is also a old post

I freely Admit that I fell hook line and sinker for the WMD campaign on Iraq. I was younger and trusted my government to do what was right!
With heinz sight I now realize I was lied to in the worst possible way by the people I Am supposed to trust the prosperity and security of my nation. ( The death of David Kelly further compounded this for me and the Dark going ons that still exist in my own government)

http://www.dailymail.co.uk/news/article-488667/Why-I-know-weapons-expert
-Dr-David-Kelly-murdered-MP-spent-year-investigating-death.html


'This notion that the United States is getting ready to attack Iran is simply ridiculous...Having said that, all options are on the table.'
– President George W. Bush, February 2005

http://www.energybulletin.net/node/7707

I hope I don't tread on to many American toes here when I say

"Why Should Iran/Opec have to trade in the petro dollar monopoly."

As the previous post stated the world has done so for forty year without competition this in not Healthy in a free market economy.
With the world reeling from Americas Sub-prime market failing
I'm not going to let you take all the blame though UK Had a lot of its own debts also buying a lot of American debts through mortgaged packages, prime and sub-prime mortgages where bundled together and sold to our Banks,pension and insurance companies As safe buys.
These are now being.desperately separated to find there real worth and what the banks real assets are.
I'm sure the price inflation of petrol at the pump not so long ago also put what was a fragile situation/Economy under even more stress so as the media sparked a global Panic stocks and shares went into free fall And hedge fund directors turn a very pale colour ,here we are once again talking about the price and supply of chicken er I mean Oil.

Is it time for America to let change happen is it time for a choice $ or Euro
(or will this mean America will now see Europe as the threat !!!!!!)

does America want to control how much oil and the price it is sold at by Iran/Opec
Is this because it is worried What Iran ,Tehran will become if its wealth increases
Iran is not the middle eastern back water everyone thinks it is Tehran is a modern cosmopolitan
Iran has or had a verging commercial industry and is culturally rich like most G8 Nations and none G8 nations.
our main worry is there hostility towards Israel
and also there ideology which also has significant differences to our own western beliefs .do they need to be forced to accept the western way ?
anyway I digress

Opec can chose to sell to one or both

http://www.opec.org/library/faqs/aboutopec/q3.htm

Why is there one large Oil trading conglomerate. It was set up when founding members realised the growing demand for oil and the price of oil could be controlled by the member nations ( A cartel was born ) if America set up the two house scenario used as a example in the opening post to counter the opec cartel , I'm unsure but it stands to reason.
Its a system that to me needs a good overhaul if the emirates and other member nations decide to change well just have to make some more room on the stock exchange ,competition could mean cheaper oil prices adversely it could mean higher .But as we're regularly told Oil is a finite resource and its running out apparently

Can America take the hit

Can America survive without the petro dollar. In a expanding overpopulated world do these countries that America Has kept under the thumb by hostile and political means for so long want to sell Oil to them . Or has the economic downturn and the reduction in oil consumption and price mean that they'll sell to anyone who will buy ( is this also a American conspiracy )
and again America not entirely to blame ,UK went hand and foot with Our American cousin on its whackey adventure.
There are other Oil Hungry economies/Nations emerging from being third world to blossoming developed world countries .India and China are both prospective members to make G8 the G10 .



If the euro starts to compete with the petro dollar or the petro dollar is rejected outright we will have to become more trusting .Will America be willing to give up the dollar and accept the euro ? I doubt the Euro could absorb such a large amount of debt. The UK is already under pressure to change its currency to the euro .UK like most of europe will not be given the choice of joining the euro at some point our government will force/ask/tell us to
.


The Middle east's Oil Produces, by Known Reserves
Rank Country Reserves
(billions of barrels)
1 Saudi Arabia 262.3
2 Iran 136.3
3 Iraq 115
4 Kuwait 101
5 United Arab Emirates 97.8
6 Libya 41.5
7 Kazakhstan 30
8 Qatar 15.2
9 Algeria 12.70
10 Azerbaijan 7
11 Oman 5.5
12 Sudan 5
13 Egypt 3.7
14 Yemen 3
15 Syria 2.5
16 Turkmenistan 0.6
17 Uzbekistan 0.6
18 Tunisia 0.4
19 Pakistan 0.3
Source: U.S. Department of Energy, Oil & Gas Journal; 2007 figures.

Will this cause war .

I don't think so America will have to act before the euro is accepted if they want to stop it. and if what the previous post speculates is true, could they get away with it twice.
And with the Bush administration out the way .Obama Has promised change but then again doesn't every politician ,still I wait with baited breath to see what foreign policies will be adopted.

Was 9/11 allowed to happen will there be another False flag attack if it was a False flag attack!
I hope not but when you think about it there are a lot of nut jobs in the world America only needs to blink and one could get through .
And remember home grown threats are just as real as ones a thousand miles away as the UK found to its horror on 7/11

So where do I stand

I've only been a member here for a short time. intil now I never tried ato gathered my thoughts about opec and the petro dollar .Some of the post I've read say we need change and to be less greedy and more trusting .
I think we need to find away for a fairer system to exist. If that's through the Euro then so be it America has had 40 years to act and have chosen to keep the status quo.
Theirs more to the world than America and it has a choice

Quoting my own father

"America is A wonderful country where else in the world can you shake hands with Mickey Mouse in the morning and be served by a girl wearing a hooters t-shirt in the evening"

I am pro America and the unique Anglo American relationship our two countries have is worth holding onto

| Permalink
"\\\"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men.\\\""
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
It's not the oil reserve, it's the Petro dollar that Iran abandoned to use as a currency in trading.

--------------

3. The main reason is not supply and demand. It's US manipulating the oil price by oil reserve and future contract.

(1) Quote, "The former Fed chief also detailed how investors, rather than users of oil, have come to set the price of oil through purchasing futures contracts." Though Greespan use "investors" instead of "speculators".

(2) From supply side:

08-03-05. OPEC to maintain current production; blames US for economic 'mismanagement'

Published: Wednesday, March 5, 2008 | 3:03 PM ET
Canadian Press: William Kole, THE ASSOCIATED PRESS
OPEC President Chakib Khelil told reporters the global market is being affected by what he called "the mismanagement of the U.S. economy," and that America's problems were a key factor in the cartel's decision to hold off on any action.

"If the prices are high, definitely they are not due to a lack of crude. They are due to what's happening in the U.S.," Khelil said. "There is sufficient supply. There's plenty of oil there."
Though Khelil uses "US economy" instead of "speculators".

(3) From demand side:

Quote, "Shell CEO says record oil not due to shortage
Thu May 22, 2008 5:24pm BST

http://uk.reuters.com/article/oilRpt/idUKL2232289720080522

(4) What US Senate Committee found:

Quote, "The real reason why oil prices are rising

June 02, 2008
...........

The finding of US Senate Committee in 2006

In June 2006, when the oil price in the futures markets was about $60 a barrel, a Senate Committee in the US probed the role of market speculation in oil and gas prices. The report points out that large purchase of crude oil futures contracts by speculators has, in effect, created additional demand for oil and in the process driven up the future prices of oil.......

The report further estimated that speculative purchases of oil futures had added as much as $20-25 per barrel to the then prevailing price of $60 per barrel. In today's prices of approximately $130 per barrel, this means that approximately $100 per barrel could be attributed to speculation!...

*What is interesting to note is that the US strategic oil reserves were at approximately 350 million barrels for a decade till 2006. However, for the past year and a half these reserves have doubled to more than 700 million barrels. Naturally, this build-up of strategic oil reserves by the US (of 350 million barrels) is adding enormous pressure on the oil demand and consequently its prices.

http://www.rediff.com/money/2008/jun/02mrv.htm

| Permalink
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
4. Oil price goes up when Iran abandon Dollar as its oil trade currency. Time table:

(1) (Intention period)

In the end of 2006 and early 2007, the oil price was about $60/barrel. When Iran expressed its intention to use the euro for foreign transactions.

It was about $70/barrel in early July/07. In six months, it rose 10 dollars per barrel.

06-12-18. Iran scraps Dollar, takes on Euro

Mon. 18 Dec 2006
Iran Focus

Tehran, Iran, Dec. 18 - Iran's central bank will begin to use the euro for foreign transactions, replacing the long-established dollar system, government spokesman Gholam-Hossein Elham told reporters during his weekly press conference on Monday.

http://www.iranfocus.com/modules/news/article.php?storyid=9533

(2) Practising period.

From early July 2007 to the end of January 2008, in seven months, oil price rose from $60/barrel to $95/barrel. In this period, Iran completed its oil trading from dollar to foreign currency.

Quote, " Iran wants yen

July 13/2007 (Bloomberg) -- Iran asked Japanese refiners to switch to the yen to pay for all crude oil purchases, after Iran's central bank said it is reducing holdings of the U.S. dollar."

(3) Expand to future deal.

Early February 2008 to 7/4/2008, oil price was pushed up from $95 to $147 a barrel. That's a $50 dollars inflation in five months. Why I start this period from Februry 2008? Because Iran's Bourse inaugurated on Feb.17. When the oil customers of Iran have to buy the future contract by reserving more foreign currency in the bank, US has to push up the price, let other OPEC customers absorb the Petro-dollars dumped by Iran customers.

Quote, "Iran Oil Bourse to deal blow to dollar
Fri, 04 Jan 2008

The long-awaited Iranian Oil Bourse, a place for trading oil, petrochemicals and gas in various non-dollar currencies, will soon open.

Iran's Finance Minister Davoud Danesh-Jafari told reporters the bourse will be inaugurated during the anniversary of the Islamic Revolution (February 1-11) at the latest.

Some expert opinions hold inauguration of the bourse cold significantly devalue the greenback.
http://www.presstv.com/detail.aspx?id=37468&sectionid=351020103

08-03-01. Iran shifts oil sales away from dollar
Sat, 01 Mar 2008

Deputy head of the National Iranian Oil Company for international affairs says Iran has completely dropped dollar in its oil sales.

In an interview with The Financial Times, Hojjatollah Ghanimifard said that over the past three months, Iran has received 75 percent of the proceeds from its oil sales in euros and the remaining 25 percent in the Japanese currency, yen.

http://www.presstv.ir/detail.aspx?id=45397&sectionid=351020102

| Permalink
 46yrs • M •
A CTL of 1 means that Dionysius is a contributing member of Captain Cynic.
Quote

Keep your eye on the politics of oil and you'll always know a lot about what's actually happening on this planet. Low prices, as at present, are bad for producers, and so will hurt a number of countries that the U.S. government considers hostile, including Venezuela, Iran, and even that natural-gas-and-oil giant Russia.

http://aep.typepad.com/american_empire_project/2009/01/oil-2009.html

Speculative demand seems to have all but disappeared

Seems a American Attack on Iran is far less likely then previously thought. If where in for a long haul recession. The middle east may tear its self apart through poverty brought about by low oil prices
I underestimated the severity that the Global downturn has had on world oil prices.

Saying that perhaps with the middle east stability becoming even more unpredictable from the lack of oil funds and a increased popularity in Islam will America/Nato strike while the irons hot !
America could get itself a recession bargain

Im at risk of changing my mind

as for the Petro Euro/Dollar

Iran insistence in trading in euro/Yen may have been a double edge sword. Yes it hurt America but it seems to have rocked the financial global boat Iran may have just shot themselves in the foot.
Oil today at less than $50 barrel seem to be hardly worth pumping it out the ground.
Im sure when the world economy rebounds ,prices will rally with speculative demand and oil prices will Once again go through the roof .So as the economic capitallistic leviathan raises its head once more their will be a nasty shock. Speculation for new oil reserves and extraction are being mothballed and put on hold during this economical blip. Supply and demand I predict will become a massive obstacle within 2-3 years . It will be interesting to see who comes out on top (that's off course if where not living in a post apocalyptic waste land !!!!)

If America chooses to keep the dollar And Europe ploughs on with the euro alls we can hope is economist find a happy balance and America accepts it will have to pay a lot more at the pump like the rest of us do all ready
I hope the scare mongers are wrong I hope the dollar deficit doesn't cripple America and make it strike out in fear/desperation.

Here's to optimism Kathaksung





http://www.ashishmehta.com/blog/2009/01/petro-euro-vs-petro-dollar-good-
eye-opener/


| Permalink
"\\\"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men.\\\""
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
On the contrary, the recession was created to deal with Iran's abandoning of Petro dollar. So the chance to war on Iran is much more than any time before.

------------

High oil price (5) (7/29/08)

In Oil (4) I talked about Iran intended to turn the oil trading from dollar into euro in December 2006. Did Iran deliberately do that? Read the following information:

468. Follow up to #467, #461 and #462 (2/20/07)

On 1/15 and 1/20, I wrote #461 and #462, alleged that US had set up a Euro trap for Iran: If the December plot started, Euro would collapse due to the collapse of WANTA fund and the shortage of oil supply to the Europe. Iran not only would be bombed, but also suffered a huge loss in finance. On 2/1, an article proved the correctness of my analysis.

Re: "The War on Iran
Thursday, 01 February 2007
By Stephen Gowans

In Paulson's view, Iran is still a major player globally, and needs to suffer the same pariah treatment. (New York Times, September 17, 2006) In October, US Treasury Department officials banned US banks from facilitating transactions involving Iran's state-owned Bank Saderat. In January, the ban was widened to include another Iranian bank, Bank Sepah.

When Iran sells oil to a customer in Germany, the German customer asks a European bank to deposit US dollars into an Iranian bank account. The European bank then arranges for the transfer of US dollars from a US bank to an Iranian bank account in Europe. Paulson's ban prohibits US banks from transferring funds if Bank Saderat and Bank Sepah are involved. (New York Times, October 16, 2006) With oil sales denominated in US dollars, the aim is to impede Iran's ability to sell oil. The way around the US manoeuvre is to sell oil in Euros, something Iran has already begun to do. (New York Times, January 10, 2007)

This would seem to be a simple enough way of beating the US at its own game. It also raises questions about the prudence of compelling Iran to switch to Euros, since a change to Euros, if adopted by a number of oil-exporting countries, would push down the value of the US greenback. US investment banker John Hermann, a comptroller of currency in the Carter administration, wonders whether the US is shooting itself in the foot. (New York Times, October 16, 2006)

http://www.ichblog.eu/content/view/261/52/

In October, US blocked the financial transaction between US banks and major Iran bank which forced Iran to turn on to Euro instead of Dollar in oil trading. Two months later, if the December plot succeeded, Iran would suffer a big loss in finance. The US investment banker John Hermann wonders whether the US is shooting itself in the foot then. He wouldn't have that puzzle if he reads my messages."

It's no others but US himself who forced Iran to turn on Euro. In December 2006 they set up a Euro trap. But the plot went soured. Since the process is irreversible, and the Feds is unwilling to raise the interest, to save the dollar, they have to push up the oil price. We the people have to eat the bad fruit planted by the Feds.

Someone or a group inside the government created a situation to make war on Iran.


| Permalink
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
6. Media's mind control (oil price 6) (8/12/08)

You may have noticed that all the information I referred to were from internet. The only mainstream newspaper in my area is San Jose Mercury. There is none news about Iran turns onto Euro and Japanese yen instead of dollar in oil trading, let alone the news that US treasury department banned the transactions between US banks and Iran's. There is no news about the Iranian Oil Bourse which was inaugurated on February 17, 2008 in a video conference ceremony from Tehran. The Iran oil trading transactions are made in Iranian rial and other major currencies since. This news is very important since it is a big turning point in US policy. Many big events were caused by this inauguration of Iranian Oil Bourse. I'll talk about it later.

The news which filled in tv screen and newspaper page are: Iran's speed boat charg at US vessel; Iran had missile test; Iranian training militias in Iraq; Iran rejects nuclear proposal; Nuclear program could result in more sanctions...... Iran is tarnished as a terrorist.

The similar tactic was seen before Iraq war when Saddam Hussain was described as a major threat to US. The false flag for Iraq is WMD; for Iran is its nuclear program. The real reason are the same: Both Iraq and Iran abandoned US dollars as currency in oil trading.

Saddam turned on to Euro in oil trading in 2000. In the end of that year, Bush got the seat of US president in a controversial election. When Clinton left the White House, he also left with a historical surplus in budget. There was no reason Demo would lose the 2000 president election. But what inside group needed was a war. In negotiation behind the curtain, Bush won the deal. He sold his soul to a devil by promising an unjust war - Iraq war. He was granted president. Of course, to justify the war, they prepared a false flag terror attack. Six months after Bush's inauguration, WTC changed hands. (Silverstein got the lease in July, 01) If you want to plant explosive in the building covertly without being aware by anyone else, you had to control the ownership of the building. Eight months later, we saw 911 attack.

The media waved the terror intimidation on people, targeted at Iraq then and now at Iran. Media censored every word on 911 truth even though there are a lot of flaws in this false flag attack and rarely talk about the story how Iran abandoned dollars as its oil trading currency. This is how the inside group control public's opinion by media. They wash your brain with the information they want you to know and censor the truth they want to hide from you. With media they play people as fools.

Media used to censor the news of US military threat on Iran, here is the recent one:
Quote, "Massive US Naval Armada Heads For Iran
Thursday, August 7, 2008
The lead American ship in these war games, the USS Theodore Roosevelt (CVN71) and its Carrier Strike Group Two (CCSG-2) are now headed towards Iran along with the USS Ronald Reagon (CVN76) and its Carrier Strike Group Seven (CCSG-7) coming from Japan.

They are joining two existing USN battle groups in the Gulf area: the USS Abraham Lincoln (CVN72) with its Carrier Strike Group Nine (CCSG-9); and the USS Peleliu (LHA-5) with its expeditionary strike group.

Likely also under way towards the Persian Gulf is the USS Iwo Jima (LHD-7) and .....
http://europebusines.blogspot.com/2008/08/massive-us-naval-armada-heads-
for-iran.html


Will we see a big operation in near future? When China concentrates on Olympic Games and Russia engages in a sudden war.

| Permalink
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
7. The big events relate to the Iran oil Bourse (8/22/08)

(1) Undersea cable cuts.

Iran's oil Bourse was planed to open during the anniversary of the Islamic Revolution (February 1-11) at the latest. It finally inaugurated on Feb. 17. What caused the delay? The communication problem - in a week or so, there were five under sea cable cuts.

2/3/08. Quote, "US Crashes Internet In Middle East After Saudi Threat, Russia Responds With Air Forces
By: Sorcha Faal, and as reported to her Western Subscribers
February 3, 2008
Reports circulating in the Kremlin today are painting a grim picture of just how desperate US War Leaders have become as their economy continues its freefall towards total bankruptcy by their crashing of Global Internet access for the Middle East's banking centers in Egypt, Saudi Arabia, Abu Dhabi, Iran, UAR, Turkey and Kuwait.

The significance to the severing of these cables is the Middle East Banking Centers being denied access to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), based in Brussels and which carries up to 12.7 million messages a day containing instructions on many of the International transfers of money between banks, lies in Saudi Arabia, or any other Middle East Nation, being unable to change their previously, before loss of communication, encoded currency instructions from being changed.

http://www.whatdoesitmean.com/index1067.htm

2/4/08. Conspiracy Theories and Cut InterTube Cables'

'February 4, 2008 - Fourth Undersea Fiber Optic Cable Cut. Cable linking Qatar to the United Arab Emirates was damaged on Sunday, February 3, causing more telecommunication disruptions.
This month, Iran was supposed to open its own bourse, trading oil and oil futures in Euros and other currencies, but not the dollar. Delinking oil from the dollar would protect Iran from Bush's spendthrift invasion and occupation of Iraq, and the resulting collapse of the US dollar.

http://www.earthfiles.com/news.php?ID=1386&category=Environment


2/6/08. Submarine Cables, Subsidiares and Subversion
The Iranian oil bourse was going to be a stock market for petroluem, petrochemicals and gas. What's the big catch here? The exchange planned on being ran with currencies excluding the U.S. dollar. ...... So, obviously, the U.S. is not going to be happy about this. The biggest piece of information linking this to the recent damages is the proposed location of the bourse: the island of Kish. This is the island that is RIGHT NEXT TO at least two of the cuts that have recently occurred:
Some of you may suddenly be thinking to yourselves that this sounds familiar. That's because the last person who decided to stop using the U.S. dollar for trading oil was a man by the name of Saddam Hussein in the fall of 2000.
[UPDATE: To further add to this argument, this would not be the first time the U.S. would have disrupted submarine cables to further themselves in times of war or conflict. (Operation Ivy Bells <http://en.wikipedia.org/wiki/Operation_Ivy_Bells> ) (Previous NSA Submarine Wiretaps <http://news.zdnet.com/2100-9595_22-529826.html?legacy=zdnn> )]
http://www.ilovebonnie.net/2008/02/06/submarine-cables-subsidiares-and-s
ubversion/


2/9/08. 5th cable cut fuels allegations of isolating Iran

Leslie D`Monte & Rajesh S Kurup / Mumbai February 9, 2008
Conspiracy theories of deliberately cutting communication lines to West Asia, primarily Iran, gained ground in the media and blogs as reports of another undersea cable cut - the fifth successive one in just a week's time - started emerging in cyberspace. While the extent of Iran's isolation was unclear, many blogs alleged that the cable cuts and outages in West Asia were a ploy by an intelligence agency to disrupt Iranian commerce, targeting an emerging petroleum exchange that the country was shortly hoping to roll out.

http://www.business-standard.com/common/news_article.php?leftnm=8&su
bLeft=2&chklogin=N&autono=313112


If a store refuses to accept someone's cheque due to his bad credit record, can that man intrude into the store and kill the manager and occupy that store? That's what US did to Iraq.

If another store refuses to accept someone's cheque due to his bad credit record, can that man cut the telephone line of that store as revenge? That's what US did to Iran. Now it sends a naval armada to the Persian Gulf.

If someone cuts the undersea cable in Hawaii and NewYork, what will US do? A war, I suppose. Now you can see who is the threat of the world.

| Permalink
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
8. The big events relate to the Iran oil Bourse (9/1/08)

(2) Beside the undersea cable cuts in February, Bush regime decided to war on Iran in August. For this plan Pentagon cleaned high range military officials whom opposing the Iran war, either by firing them or eliminating by "natural disease".
Quote, " Fallon 'may lose job over Iran war'
Fri, 07 Mar 2008
Admiral William Fallon, the head of the US Central Command, may lose his job for opposing President Bush's plans to wage war against Iran.
The Navy admiral has vowed that an attack on Iran would 'not happen on his watch', calling the White House warmongering echelons 'not helpful'.
http://www.presstv.ir/detail.aspx?id=46317&sectionid=3510203
Fallon finally had to resign from his job in March.
Quote, " Iran invasion critic Gen. Odom dies of 'apparent heart attack'
01 Jun 2008- William E. Odom, a retired Army lieutenant general who was a senior military and intelligence official in the Carter and Reagan administrations and who, in recent years, became a forceful critic of the U.S.-led invasion of Iraq, died May 30 at his vacation home in Lincoln, Vt. An autopsy will be performed, but his wife said he had an apparent heart attack. Gen. Odom became a fixture on news programs and never altered his critical stance toward the Bush regime's policies in Iraq and Iran.
http://www.washingtonpost.com/wp-dyn/content/article/2008/05/31/AR200805
3102193.html

Quote, "Bush 'plans Iran air strike by August'
By Muhammad Cohen
May 28,08

NEW YORK - The George W Bush administration plans to launch an air strike against Iran within the next two months, an informed source tells Asia Times Online, echoing other reports that have surfaced in the media in the United States recently.
http://www.atimes.com/atimes/Middle_East/JE28Ak01.html

| Permalink
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
9. The big events relate to high oil price (9/12/08)

When Iran's Bourse inaugulated, the inside group decided to push up the oil price as high as they could. Then to start war on Iran to justify the price coming down. High oil price would hurt economy badly. To soften the intension, they played a "tax refund" game. All these happened in February.

567. Oil price, tax refund and Iran war (8/29/08)

Now it becomes clear the original Iran war plot was planed to start around August 8, when the openning ceremony of Olympic Games was performed in China; the war broke out between Georgia and Russia; and a joint naval armada consisted of US, UK and France headed for Iran. The plot should have been designed in February, when Iran inaugurated its oil Bourse. To save the dollar, US pushed up the oil price. That price, I think, had been projected to maintain in high level until Iran was attacked and going out of oil trading business. In another word, the oil price will go normal after Iran going back to petro-dollar in oil trading. The price manipulation will justify the Iran war: See, It was Iran caused high oil price, we had a war on Iran and defeated it. Now price come down. The opinion certainly will be approved by a lot of people.

But the oil price went down after July 4th, a month earlier than the planed war date. Why?

1. I posted "556. Petro-dollar, the cause of Iran war (7/4/08)" on 7/4. Pointed out US manipulated oil price to save the dollar and Iran war is inevitable. On same day, obviously felt the approaching war threat, Iran had a positive response to the nuclear package. I at first thought Iran's response may postpone the US war plan. In #557, written on 7/9, I wrote, "Iran's constructive preliminary response is positive. But it's a dismay to warmonger. They lose an important excuse to start a war. It disturbs their war schedule. So US media treat the news with a low key and drop the news in the corner. However, the market reaction is inspiring. From 7/5 to 7/8, the oil price dropped for four days from $145 to $136 a barrel."

2. But the later development changed my view. US still send a massive naval armada to Persian Gulf. It means US doesn't care Iran's active response.

Before Iraq war, Saddam Hussain let weapon inspection team of U.N. inspect and search the WMD in Iraq. He even let them search his palace. The U.N. weapon inspection team found no evidence of WMD. Still, US invaded Iraq. Because WMD is only an excuse. So what for Iran's positive response. When a wolf wants to eat a lamb, it will do even there is no excuse.

3. Now I think the oil price start to drop is the result of my analysis posted on 7/4. Feds used to have swift response to my revelation.(see #47, 96, 113,168,337, 531.) Oil price is very sensitive to ordinary people. It affects their daily life. If people knew that the high price is caused by the manipulation of the government insiders, the response will be disastrous. So they quickly drive down the price.

4. One thing leads me to conclude that the government insiders had planed the August Iran war in February was their decision of tax refund in that month. When Iran inaugurated its oil Bourse on 2/17, the inside group chose to push up the oil price to save the dollar. At the purpose that people will become angry at the high price. The inside group will take the chance to activate a war. When Iran has been forced to return to the petro dollar in oil trading, the oil price will drop. No one will blame this war then. The higher the oil price goes, the better the Iran war will be justified. So the group blows the trumpet:

Quote, "Goldman Sachs: $5.75 Per Gallon Gas Soon
Monday, June 30, 2008 12:00 PM

Look for the price of crude oil to continue to climb - reaching upwards of $200 per barrel - and for prices at the pump to reach $5.75 per gallon in the next two years, warns Goldman Sachs' gas guru Arjun Murti .

http://moneynews.newsmax.com/streettalk/oil_prices/2008/06/30/108535.htm
l


Four days later, the bubble broke off at $147/barrel. Due to, I think, my revelation. Otherwise, the oil price would have been possible at $170/barrel in early August - the planed war time.

Someone said the government is incompetent. I don't think so. Did you see how they could start an unjust war in the name of something not existed? And how they had that notorious President to stay on the seat once again in 2004? This tax refund case, from the plan date in February to June when most people received their cheques, took only four months. It was very efficient. Why? Because the planed high oil price will hurt consumers confidence and hit the economy badly. So they gave each family $300 - $600 dollars to compensate the pain of the temporary high gas price. For June, July and August when the planed war would break out.

The oil price dropped to $110, then fluctuate between $110 and $120. It seems to be the equilibrium boundary for the dollar. Why they pushed it to $147 and intended more? Because the higher the oil price goes, the higher profit the speculator makes, and the better the war justified.

5. $110/barrel oil price is still too high, but a necessary to support the dollar. To pull it down, Iran war is inevitable.

Everything is prepared: false flag attack; secret deal with Russia and China; cooperation of allies; massive naval armada.... why they delayed again? Remember what I have said, the first priority for the Feds is to eliminate a witness of their crime who have revealed their plot so many times. So be watchful these days on hurricane, "natural disaster" and "terror attacks".

| Permalink
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
10. The real hand behind oil price manipulation (10/14/08)

An article on September 11 revealed the hand behind oil price manipulation.

Quote, "Speculators blamed for wild swings in oil"

By H. Josef Hebert
Associated Press

Washington - Speculation by large investors - and not supply and demand for - were a primary reason for the surge in oil prices during the first half of the year and the more recent price declines, an independent study concluded Wednesday.
The report by Masters Capital Management said investors poured $60 billion into oil futures markets during the first five months of the year as oil prices soared from $95 a barrel in January to $145 a barrel by July.

Since then, these investors have withdrawn $39 billion from those markets as prices have retreated dramatically, the report said. Oil traded at about $102 a barrel Wednesday on the New York Mercantile Exchange.

"We have clear evidence the fund flow pushed prices up and the fund flow pushed prices down,"said Michael Masters of Masters Capital Management, calling the amount of money moving into oil futures markets by large institutional investors in the early part of the year "way off the scale."

Masters said its analysis shows investors "began a massive stampede for the exits" on July 15 and that this caused the price decline. "

(San Jose Mercury, 9/11/2008)

Since the future market needs only 7% down on the future contract, the leverage is 1:14. That means 60 billion fund operated the contract worth of 840 billion. It's more than the 700 billion rescue fund government asked to save the current financial market tsunami.

The conclusion is not a new discovery. Two years ago (in June 2006) when the oil price inflated from $25 per barrel to the then prevailing price of $60 per barrel, the Senate Committee had found this already : "The report points out that large purchase of crude oil futures contracts by speculators has, in effect, created additional demand for oil and in the process driven up the future prices of oil......." (see Oil price #3)

Then why our law makers left this important issue alone and let the oil price to go up like a rocket?

| Permalink
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
11. How can US dollar stands strong when oil price going down? (12/3/08)

The oil price now drops below $50/barrel. To my theory, the dollar should drop too. Because the buyers now have excessive petro-dollars. But dollar stands strong. What happens?

1. The speculators - which I think are controlled by intelligence, so they could influence central banks of western nations - are manipulating the exchange rate of Euro. When the oil price was at $145/barrel, the exchange rate of Euro/dollar was 1.6:1. When the oil price went to $110, the Euro rate became 1.36:1. When the oil price went to $90, it became 1.26:1. Euro devalued 20% against dollar followed the oil price dropping. It's abnormal. Because US suffers a sub-prime crisis. The downward oil price would release excess petro-dollar.Capital should escape from US. Dollar should be dumped and de-valued. But the unusual weak Euro prevented the capital escaping from dollar country. Dollar stands firm.

2. Driving the capital back into USA. Here is a typical report: "Speeding out, foreign capital net remittence output. From 9/1 to 9/5, the net remittence output of foreign capital reached 2.77 billion US dollars, compare with the net remittence output of 5 billion in whole month of August, the foreign investors having a tendency of accelerated leaving after they pour out the stock investment in Taiwan.market. "World Journal, 9/13/08)

Be noticed that the money back tendency started from August, the time when 8/8/08 planned Iran war went soured. The phenomenon was world wide. The stock market collapsed everywhere in Europe, South America and Asia. Singapore, Hongkong, South Korea, Japan.... they used to have a big foreign currency reserve, mainly dollar. The reserve unusual reduced these months. The money, goes back to the investor - the US.

Though the oil price drops 70%, US dollar seems not been affected. It stands strong. Because an unusual weak Euro, and a big retreat of US foreign investment that drove the dollar back into US. But the price is high - US suffers a financial tsunami. You may have noticed, the tsunami started in August too - the time when the planed Iran war went soured.

| Permalink
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
12. Financial tsunami created to stabilize the dollar (12/16/08)

On 7/4, I wrote "556. Petro-dollar, the cause of Iran war (7/4/08)". I think it touches the core. From 7/5 to 7/8, the oil price dropped for four days from $145 to $136 a barrel. It goes downwards since. It's a cover up reaction to my revelation. The inside group doesn't want people to know its Achilles' heel - the Petro Dollar. It doesn't want people to connect the Iraq war to Petro dollar.

At the same time, a financial plan created to keep dollar from collapse - develop a financial tsunami to lock the dollar in US bond. It starts from the plunge of mortgage giant - Fannie Mae and Freddie Mac.

I keep the financial news from paper. I review it recently and found the symptom to sink Fannie and Freddie first emerged on 7/11. One week after my 7/4 article.

In my record, the last news about Fannie Mae before 7/4 was on 5/17. It said that the biggest real estate financier Funnie Mae declared that on 6/1, it would have a new rule to drop the mortgage down payment to 5%, in some area even to 3%. It means Fannie Mae was still full of confidence. One year after sub-prime crisis, to low the standard of the loan meant she had financial foundation.

It was a blank for June. Then came the July. A series of negative news of Fannie and Freddie were out after 7/11. The article of 7/11 was: "Fannie, Freddie shares plunge on speculation", "Federal officials consider a bailout" (by David S. Hilzenrath and Jeffrey H. Birnbaum, Washington Post) What a sudden turn around. Just two months ago Fannie was so confident to save the real estate industry, now it suddenly would go bankruptcy. It was a pre-psychological propaganda preparation.

The August Iran war plot went soured. The financial tsunami plot had to be carried out. But August remained comparatively quiet. No negative news about Funnie and Freddie at that time. Why? I think the inside group, which is also a big financial group, need time to sell their investment - foreign investment, stock, real estates - when the price was still high, before others joined the escape.

Then the tsunami came. 9/7, government puts Funnie and Freddie into conservatorship. 9/14, Investment bank Leman Brothers declared bankruptcy. Stock market collapsed. Financial firm, pension fund suffered a great loss. They also have to sell the investment to collect money to deal with the cash out of panick customers. Now nothing is safe except cash - even big name such like Merril Lynch, AIG, GM are in danger, what property could you believe? People leave stock market, foreign market, real estate market and follow the experts' instruction - Cash is king.

Large amout of treasure were changed into cash and were driven into US treasury bond, locked there. The phenomenon is the interest of short term treasury note is almost zero, the interest rate of 30 years US bond is only 2.9%. So the oil price can drop to under $50/barrel. All speculating money go and hide under the safe heaven - US bond.

Financial crisis stabilizes the dollar (include excessive Petro dollar), drives them into US bond to avoid a tsunami. It becomes a big ballon. Once the ballon breaks off. What will take place? Inflation, soaring oil price, high interest, collapse dollar - that's another armagedon.

| Permalink
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
13. Harassment from Feds (12/28/08)

I said oil price started to drop after my article of July 4th. When the planed Iran war went soured in August, the Inside group planed a financial crisis to stabilize the dollar. It started on 9/14, when Leman Brothers went bankruptcy.

Though some people don't believe it's my revelation that caused oil price drop, I felt it strongly. Not only by the swift reaction of the oil price change, but also by the heavy persecution from Feds. 9/14 (Leman Brother's bankruptcy) signals the start of financial tsunami. Next day I was blocked to post in internet. From 9/15 to mid December, in three months, for more than two months I was blocked from internet. In later October, someone intruded my front yard, doing some perpetual work on the phone connection box. I had to call phone company for a repair to revive the function. I failed to post in many web forums. Worst of all, my ISP AOL cancel the homepage service in October where I used to post my journal article "The dark side of US" every five days. They also announced the close of the MSN web sites where I post in more than a dozen groups.

Why do they do such an unusual, weird work? Because my analysis is very correct, Feds are afraid of it.

Re: 573. Big operation to censor my message (10/17/08)

I learned that the MSN web sites are abandoned by microsoft. It proves what I said in last message "other web site which having my aricle will be attacked too". It may also indict that a big operation is coming. The top goal of the Feds is to eliminate my revelation. My message is too true to exist in this information world.

Re: "Confirmed: Microsoft Gives Up On MSN Groups, Hands It Off To Multiply
Jason KincaidTechCrunch.com
Wednesday, October 15, 2008; 3:59 PM

We've received confirmation that Microsoft is handing over the reins to its MSN Groups property to the social network Multiply. Microsoft is planning to release a new service called Windows Live Groups in November, and apparently doesn't want to compete with itself. Oddly enough, Microsoft has chosen not to allow groups to transition between the two services, and instead is going to offer a migration tool that will allow users to take groups over to Multiply, which currently bills itself as the world's 8th largest social network.
.......
The Microsoft post also states that users will have until February 21, 2009 to migrate their groups over to Multiply, after which point the site will cease to exist.
This just seems weird - why would Microsoft abandon a sizable (but dwindling) chunk of users to an entirely unrelated social network? It's nice that they aren't leaving their users out in the cold, but why not just cut off new signups to MSN Groups and allow the legacy users to continue on in peace? Microsoft may appear to have made the gesture in good faith, but it's likely that the company is hoping users will scoff at the idea of having to migrate, and just sign up on the new Live service when it launches.

Whatever Microsoft's intentions, Multiply is sure to be happy with the deal, as it has just been handed millions of new users (we're trying to contact Microsoft for the exact number). "

http://www.washingtonpost.com/wp-dyn/content/article/2008/10/15/AR200810
1503025.html


The purpose of this oddly and weird decision is very clear for me - to censor my long time journal style revelation - "The dark side of US" and other messages. There will be a framed drug case prepared in November. So once Kat Hak Sung is eliminated in the framed case, he couldn't transfer (or in their word: migrate) the file to new site, this is why both AOL and Microsoft will clear the old site - no trace of "the dark side of US" will leave for people. That's a typical style of Feds.

AOL and Microsoft are two big firms. Their decision is unreasonable which will hurt their fame and popularity. The timing is not a coincidence. It will match the coming framed drug case which may come with some other big events as distraction. No one except the Feds can force the two giant firms to make such a weird decision.

Re: Dear AOL Hometown/FTP user,

We're sorry to inform you that on Oct. 31, 2008, AOL® Hometown and FTP will be shut down permanently. We sincerely apologize for any inconvenience this may cause.

Though you will be able to modify your Hometown site and access FTP until this date, we urge you to save your AOL Hometown/FTP content immediately, and consider other options for hosting your site. ........

The AOL Hometown Team
(I wrote #533 on 10/17/08. I was blocked to post it for two weeks until today - 11/3/08))

| Permalink
 77yrs • M •
A CTL of 1 means that kathaksung is a contributing member of Captain Cynic.
Oil 14. Orderly bankruptcy, an intimidation to investors (1/10/09)

On 5/17/08, Congress passed the bill to raise the cap of jumbo loan rates on mortgage from previous $417,000 to $729,750 in high priced parts of the country . . On same day, Fannie Mae announced new rule to reduce down payment from 10% to 5%. It may reflect what Bush said at that time, the economy of US was basically sound.

But two months later Federal officials said they needed a bailout to rescue the mortgage giants. What happened? Certainly it was not because of new rule. It was less than two months after the new regulation. New house buyers may have started their application procedure but have no time to enjoy the new benefit yet, let alone to go new foreclosure. The collapse of Fannie Mae and Freddie Mac was manipulated, on the purpose to touch off a financial crisis to cover up "Dollar crisis" caused by excessive petro dollar. Remember I revealed it on 7/4. The oil price turned around its rising curve and started its descending since then. And one week later, on 7/11, a new project to stabilize the dollar was done - to create a financial crisis. Then we saw a series of psychological operation - news propaganda on "troubled real estate giants" even though two months ago it was full of confidence to save the housing market. Government is the sponsor of FannieMae and Freddie Mac. It controls and directs the business of the two. If Feds wants the two going bankruptcy, Fannie and Fraddie will go bankruptcy. Outsiders never know the truth.

But Fannie and Freddie are limited to real estate only. To push up a financial tsunami, the Insiders need another big name - Lehman Brothers became victim. Though real estates loan was an important business for Lehman Brothers, it also packed various other kind of loan to investors. The bankruptcy of Lehman Brothers vastly effects in financial area -banks,

mutual funds, insurance company, money market ... Feds could have saved Lehman Brothers like they saved Bear Stern. The cost would be much smaller compare to 700 billion they used in later rescue plan. But they leave it alone. The bankruptcy of Leman Brothers is a necessity to push up a financial tsunami.

It is a very successful plan. All investment fund, or speculating money, or petro dollar, are locked in a balloon of US bond. Feds has whips in hand. Any one dares to invest in other area are beaten. Foreign currency? Most devalued to dollar. Stock market? Anytime will lose several hundred points. Real estates? No one knows where is the bottom. Feds also has intimidation in hand: media predict more lay offs, more bankruptcy. One interesting thing is Media's propaganda on Auto giants' bankruptcy. They say US auto industry is inefficient and deserve a shut down. But Government still gave the Auto giants a little money to survive several months. What for? If you have a boat, and know there is a big hole in the bottom and the sinking is inevitable, will you spend more money to paint it or decorate it? Why not use the money to buy a new one? But they still spend money on a sinking boat, says it is an "Orderly bankruptcy". Is that ridiculous?

"Orderly bankruptcy" is a sword of Damocles. It warns you that if you dare to invest, the sword will drop on you any time. By announcing the bankruptcy of Ford or GM, Feds could create another stock market earthquake. The purpose is to maintain the balloon of the US bond. Keep the money from leaving.

Feds plans to keep that balloon for months, no longer than one year.

| Permalink
Petro dollar and Iran war
  1    2  
About Captain Cynic
Common FAQ's
Captain Cynic Guides
Contact Us
Terms of Use
Privacy Policy
General Forum Rules
Cynic Trust Levels
Administrative Contact Forum
Registration
Lost Password
General Discussion
Philosophy Forums
Psychology Forums
Health Forums
Quote Submissions
Promotions & Links
 Captain Cynic on Facebook
 Captain Cynic on Twitter
 Captain Cynic RSS Feed
 Daily Tasker
Copyright © 2011 Captain Cynic All Rights Reserved.   Terms of Use   Privacy Policy