To conclude this eleven-part series on our potential war with Iran, I’d like to relay some information from two e-mails, along with an article which provides quite possibly the best overview yet of how the oil bourse may lead to a preemptive strike in the Middle East.

ONE: Jay Two Foot - February 4, 2006

The Iranian oil bourse is just a very sophisticated smokescreen not unlike the killing of Archduke Ferdinand that led to WWI, or the assassination of Kennedy. History is full of these smokescreens. Example: the more Kennedy and 9-11 stories/theories there are floating around, the more confusing it is to the unthinking masses and easier for them to get away with.

The very same families (central banksters) own the right to print and control the velocity of BOTH the dollar AND the euro. They OWN our government! Research will show this to be a fact! They are just sacrificing the dollar to bring about THEIR ultimate goal of a one-world currency.

The Fed’s job is to make it look like they are trying to defend the dollar at all costs while quietly destroying it from behind the scenes through DEBT! With the complicity of our bought-and-paid-for treasonous politicians and their bogus wars on everything they can think of under the sun, the U.S. was chosen long ago to be the sacrificial lamb and carry out the Banksters dirty work which will inevitably lead to America’s ultimate decline as we are ushered into the New World Order. This is all just a sophisticated set-up by those behind the scene.

The goal of the globalists is to create a one-world currency/one world government. To get there, first they need to reduce the number of currencies down to three or four from over a hundred. Then it is only a matter of time until they reach their final goal of a one-world currency. Their immediate goal is to create a single North, Central, and South American currency. The only possible way for them to do this is to DESTROY the value of the dollar and standard of living in America so badly that Americans will accept the same currency as the other third-world countries. The Banksters play everyone against each other as they manipulate world events through international finance. There is no way to avoid this. EVERYONE is sleeping and THEY control the flow of information through their monopolistic press. Sad!

TWO: Jim Kennedy - February 4, 2006

In your piece, War with Iran: Markers & Exchanges you understated the real primary risk to U.S. interests. The real problem is that the two oil markets, IMEX & IPE, hold hundreds of billions of ‘electronic’ dollars representing every country in the world that buys energy. Also, behind these billions in electronic dollars (it could be trillions, I don’t know) are trillions of dollars these same countries hold as ‘reserves.’ And on top of that are more trillions of dollars in private investment.

The rub is that if and when someone creates an alternative to the OPEC dollar monopoly, the dollar will start falling. The dollar will eventually fall for an undeniably fundamental reason, fiscal insanity (the U.S. has about 12 trillion dollars in unfounded future liabilities). Secondly, most of Europe and the long list of countries that are pissed off at us will also begin trading out of the dollar. Thirdly, many other OPEC countries will want to become members of the alternative exchange. As the dollar starts falling it will precipitate a worldwide race to shed the dollar (if you are not sure of this, think back to last year when the dollar fell over 20% in just a few months – who would just sit there and take the pain if it was a one-way trip). China and other countries will dump their greenback reserves. Investing institutions will follow. OPEC countries will be losing their asses financially for accepting and holding dollars that are plummeting, and they will move to the new system.

In short, it’s like a financial mega-nuclear implosion. Once it starts the chain reaction cannot be stopped.

Trillions of U.S. dollars will be repatriated and inflation will go to levels never seen before in the history of mankind.

As I have said since before this stupid war: the Arab OPEC countries have a weapon more powerful than anything; no, scratch that, everything combined in the U.S. arsenal.

This whole thing was avoidable. The U.S. was at a strategic crossroads: supply and demand issues over energy against shrinking reserves and a growing China. The U.S. had to make a strategic choice in the Middle East. We needed to make a bold choice regarding who would be our most strategic choice and long-term partner over energy. They looked at the two options, Israel and the Arabs. Israel had gifelta fish and the Arabs had oil.

WE PICKED THE GIFELTA FISH.

THREE: Mike Whitney: Battle Plans for Iran - February 1, 2006/

In less than 24 hours the Bush administration won impressive victories on both domestic and foreign policy fronts. At home, the far-right Federalist Society alum, Sam Alito, has overcome the feeble resistance from Democratic senators; ensuring his confirmation to the Supreme Court sometime late on Tuesday. Equally astonishing, the administration has coerced both Russia and China into bringing Iran before the United Nations Security Council although (as Mohamed ElBaradei says) “There’s no evidence of a nuclear weapons program.” The surprising capitulation of Russia and China has forced Iran to abandon its efforts for further negotiations; cutting off dialogue that might diffuse the volatile situation.

“We consider any referral or report of Iran to the Security Council as the end of diplomacy,” Ali Larijani, secretary of Iran’s Supreme National Security Council, told state television. The administration’s success with Iran ends the diplomatic charade and paves the way for war. Now, UN Ambassador John Bolton can make his appearance before the Security Council with allegations of “noncompliance” that will rattle through the corporate media and prepare the world for unilateral military action.

The administration has no expectation of securing the votes needed for sanctions or punitive action. Its all for show. The trip to the Security Council is simply a ploy to provide the cover of international legitimacy to another act of unprovoked aggression. The case has gone as far as it will go excluding the requisite “touched up” satellite photos and spurious allegations of unreliable dissidents.

We should now be focused on how Washington intends to carry out its war plans, since war is inevitable.

Those who doubt that the Bush-Cheney-Rumsfeld team will attack Iran, while so conspicuously overextended in Iraq, are ignoring the subtleties of the administration’s Middle East strategy.

Bush has no intention of occupying Iran. Rather, the goal is to destroy major weapons-sites, destabilize the regime, and occupy a sliver of land on the Iraqi border that contains 90% of Iran’s oil wealth. Ultimately, Washington will aim to replace the Mullahs with American-friendly clients who can police their own people and fabricate the appearance of representative government. But, that will have to wait. For now, the administration must prevent the incipient Iran bourse (oil-exchange) from opening in March and precipitating a global sell-off of the debt-ridden dollar. There have many fine articles written about the proposed “euro-based” bourse and the devastating effects it will have on the greenback. The best of these are “Petrodollar Warfare: Oil, Iraq and the Future of the Dollar” by William R. Clark, and “The Proposed Oil Bourse” by Krassimir Petrov, Ph.D.

The bottom line on the bourse is this; the dollar is underwritten by a national debt that now exceeds $8 trillion dollars and trade deficits that surpass $600 billion per year. That means that the greenback is the greatest swindle in the history of mankind. It’s utterly worthless. The only thing that keeps the dollar afloat is that oil is traded exclusively in greenbacks rather than some other currency. If Iran is able to smash that monopoly by trading in petro-euros then the world’s central banks will dump the greenback overnight, sending markets crashing and the US economy into a downward spiral.

The Bush administration has no intention of allowing that to take place. In fact, as the tax-cuts and the budget deficits indicate, the Bush cabal fully intends to perpetuate the system that trades worthless dollars for valuable commodities, labor, and resources. As long as the oil market is married to the dollar, this system of global indentured servitude will continue.

Battle Plans

The Bush administration’s attention has shifted to a small province in southwestern Iran that is unknown to most Americans. Never the less, Khuzestan will become the next front in the war on terror and the lynchpin for prevailing in the global resource war. If the Bush administration can sweep into the region (under the pretext disarming Iran’s nuclear programs) and put Iran’s prodigious oil wealth under US control, the dream of monopolizing Middle East oil will have been achieved.

Not surprisingly, this was Saddam Hussein’s strategy in 1980 when he initiated hostilities against Iran in a war that would last for eight years. Saddam was an American client at the time, so it is likely that he got the green light for the invasion from the Reagan White House. Many of Reagan’s high-ranking officials currently serve in the Bush administration; notably Rumsfeld and Cheney.

Khuzestan represents 90% of Iran’s oil production. The control over these massive fields will force the oil-dependent nations of China, Japan and India to continue to stockpile greenbacks despite the currency’s dubious value. The annexing of Khuzestan will prevent Iran’s bourse from opening, thereby guaranteeing that the dollar will maintain its dominant position as the world’s reserve currency. As long as the dollar reigns supreme and western elites have their hands on the Middle East oil-spigot, the current system of exploitation through debt will continue into perpetuity. The administration can confidently prolong its colossal deficits without fear of a plummeting dollar. In fact, the American war-machine and all its various appendages, from Guantanamo to Abrams Tanks, are paid for by the myriad nations who willingly hold reserves of American currency.

This extortion-scheme is typically referred to as the global economic system. In reality, it has nothing to do with either free markets or capitalism. That is just philosophical mumbo-jumbo. It is the dollar-system; predicated entirely on the ongoing monopoly of the oil trade in dollars.

Invading Khuzestan

In a recent article by Zolton Grossman, “Khuzestan; the First Front in the War on Iran?”, Grossman cites the Beirut Daily Star which predicts that the “"first step taken by an invading force would be to occupy Iran's oil-rich Khuzestan Province, securing the sensitive Straits of Hormuz and cutting off the Iranian military's oil supply, forcing it to depend on its limited stocks."

This strategy has been called the “Khuzestan Gambit”, and we can expect that some variant of this plan will be executed following the aerial bombardment of Iranian military installations and weapons sites. If Iran retaliates, then there is every reason to believe that either the United States or Israel will respond with low-yield, bunker-busting nuclear weapons. In fact, the Pentagon may want to demonstrate its eagerness to use nuclear weapons do deter future adversaries and to maintain current levels of troop deployments without a draft.

Tonkin Bay Redux

On January 28, 2006, Iranian officials announced that they would “hand over evidence that proved British involvement in bombings in the southern city of Ahvaz earlier in the week” that killed eight civilians and wounded 46 others. This was just one of the many bombings, incitements, and demonstrations that have taken place in Khuzestan in the last year that suggest foreign intervention. The action is strikingly similar to the 2 British commandoes who were apprehended in Basra a few months ago dressed as Arabs with a truckload of explosives during the week of religious festival.

Coincidence?

Probably not.

Step by step, Iran is being set up for war. What difference does the provocation make? The determination to consolidate the oil reserves in the Caspian Basin was made more than a decade ago and is clearly articulated in the policy papers produced by the Project for the New American Century (PNAC) The Bush administration is one small province away from realizing the its dream of controlling the world’s most valued resource. They won’t let that opportunity pass them by.

We're in for another war.