Socio-Economics History Blog

Socio-Economics & History Commentary

Iran Presses Ahead with Dollar Attack!

  • The war mongering over Iran is about the Illuminists’ global monetary hegemony. Their petrodollar hegemony is being attacked and it will lead to the collapse of the USD!
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    Iran presses ahead with dollar attack! 
    By , http://www.telegraph.co.uk/ 
    Last week, the Tehran Times noted that the Iranian oil bourse will start trading oil in currencies other than the dollar from March 20. This long-planned move is part of President Mahmoud Ahmadinejad’s vision of economic war with the west.
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    “The dispute over Iran’s nuclear programme is nothing more than a convenient excuse for the US to use threats to protect the ‘reserve currency’ status of the dollar,” the newspaper, which calls itself the voice of the Islamic Revolution, said.
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    “Recall that Saddam [Hussein] announced Iraq would no longer accept dollars for oil purchases in November 2000 and the US-Anglo invasion occurred in March 2003,” the Times continued. “Similarly, Iran opened its oil bourse in 2008, so it is a credit to Iranian negotiating ability that the ‘crisis’ has not come to a head long before now.”
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    Iran has the third-largest oil reserves in the world and pricing oil in currencies other than dollars is a provocative move aimed at Washington. If Iran switches to the non-dollar terms for its oil payments, there could be a new oil price that would be denominated in euro, yen or even the yuan or rupee.
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    India is already in talks with Iran over how it can pay for its oil in rupees. Even more surprisingly, reports have suggested that India is even considering paying for its oil in gold bullion. However, it is more likely that the country will pay in rupees, a currency that is not freely convertible.
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    Last week, Indian state-owned group Hindustan Petroleum said that Indian businesses could not pay for Iranian crude imports in rupees unless the federal finance ministry exempted such payments from crippling withholding tax. This issue remains unresolved. India and Iran have agreed – but not yet started – to settle 45pc of payments for Iranian oil in rupees. Iran will then use the currency to buy imports from India.
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    … for more click here!

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February 13, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , | 1 Comment

David Morgan: More Bullish on SILVER NOW Than Ever Before!

February 13, 2012 Posted by | Economics | , , , , , , | Comments Off

How Rescuing Greece Could Destroy The World !

  • Will the fall of Greece be the domino that triggers the global economic, financial and monetary meldown? It is anybody’s guess! Even if Greece don’t, we have many PIIGS lining up for the job of lighting the fuse to the sovereign debt bomb!
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    How Rescuing Greece Could Destroy the World! 
    By: John Carney, http://www.cnbc.com/
    Yesterday Standard & Poor’s warned that even if Greece’s private sector creditors agreed to a 70 percent reduction in the value of their bonds, Greek debt will still be unsustainable.
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    The problem is that so much of Greece’s debt has left the private sector. The European Central Bank owns a substantial portion of the bonds—and so far has insisted that it will not accept anything less than full payment at maturity.
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    “But because only a small subcomponent of investors are actually taking the haircut and the official sector is not, or only partially, then the reduction… is probably not sufficient to make the debt sustainable, given the outlook for GDP itself,” an S&P analyst explained.
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    It’s more than a bit ironic that the ECB’s bond purchases may make it more difficult for Greece to bring its debt down to sustainable levels. You can expect that there will be a lot of pressure on the ECB to accept some haircut on its Greek assets. As I’ve explained here before, repaying the ECB at par for bonds it bought at a discount is actually a monetary contraction. The ECB will be taking more euros out of circulation than it injected by purchasing the bonds.
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    But an ECB haircut may be even more dangerous than the effective monetary tightening. Warren Mosler points out that letting Greece off the hook for its debt will immediately prompt other debtor nations to ask: “If Greece doesn’t have to pay, why do I?”
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    This, Mosler warns, would trigger a “financial crisis rivaling anything yet seen.”
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    … for more click here!

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February 13, 2012 Posted by | Economics | , , , , , , , | Comments Off

Israel Will Commit Suicide By Attacking Iran (And Allow The Globalists To Pick Up The Pieces)!

World War 3 at the door steps?

  • Satanic World War 3 – The Greater Middle East War 
    The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other.
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  • The Illuminists are playing a rather complex game. Who is being played here? Who is being deceived here? Iran, US, EU or Zionist Israel? My belief is that Zionist ’666′ Israel is being played and are the deceived useful idiots. They will be used in the coming war against the Muslim world and at the end of it will be destroyed. This nation which loves war so much is about to get their wish. The devil will use your weakness against you. The Zionists will fall into a trap of their own making!
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  • If US and NATO get involved militarily directly, Russia and China will engage themselves in this Greater Middle East war immediately. It will become an unwinnable mutually assured destruction nuclear war. However, if Zionist Israel is the sole/main nation involved in this coming war without the direct involvement of the US and EU, I believe there is a good chance Russia and China will not get involve directly. US, EU and China, Russia will fight this war via proxies ie. Zionist Israel vs Muslim world.
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  • After which it is anybody’ guess whether they will proceed with all out nuclear war. The Illuminist plan is to destroy/weaken all nation states such that they will not be able to resist the coming Luciferian New World Order, World Government.
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    Israel Will Commit Suicide By Attacking Iran (And Allow The Globalists To Pick Up The Pieces) 
    by Saman Mohammadi, www.Infowars.com 
    …. In the last six months, tensions have risen between Israel and Iran. Israel has assassinated numerous Iranian nuclear scientists and Iranian military officials, including the founder of Iran’s missile program, Major General Hassan Moghaddam.
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    So far, Iran has not retaliated against Israel’s repeated acts of aggression and terrorism. But the spirit of revenge is alive in Tehran. While it is hard to tell what kind of manifestation Iran’s spiritual anger will take, everyone realizes that a retaliation is in order and completely justified.
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    Throughout Israel’s campaign of terror and provocations against Iran, the Obama administration has remained in the background, quietly minding its own business. Washington’s compliance towards Israel has puzzled and aggravated many people, including world leaders who believe the time has come to get tough with Israel. Anyone who is paying the least bit of attention to statements on Israel and Iran by U.S. government officials know they are contradictory and anti-reality.
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    American author and journalist Mark Perry, who made serious waves in the Israel-Iran debate last month with his piece in Foreign Policy called, ‘False Flag,’ says that official U.S. government statements are written for a number of domestic and foreign audiences. So when Defense Secretary Leon Panetta told CBS’ Face The Nation last month that Iran is not building a nuclear bomb, he wanted to reassure Iranian leaders that things are under control in Washington and that the crazies are not totally guiding America’s Iran policy.
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    As far as words go, the Obama administration has proven that it can pull off the high-wire act of balancing U.S. interests and Israel’s ambitions. But this is a deadly game that Washington is playing. President Obama is gambling with the lives of Americans and citizens around the world.
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    Zbigniew Brzezinski, the former United States National Security Advisor to President Jimmy Carter, said that President Obama should make a public statement in which he warns Iran against raising tensions and guarantees that America will not attack Iran or allow any attack to take place. This move would isolate an already weakened Israel and force its lunatic leaders to reflect on its current terrorist strategy towards Iran and rethink Israel’s overall Middle East policy.
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    Brzezinski offered his advice to President Obama and top administration officials on the Chris Matthews show on February 3, 2012. Here is the exchange between Matthews and Brzezinski:
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    Matthews: Is there something that could be worse than Iran having a weapon. In other words, when you make the calculation on consequences, is there any way you would decide ‘Well, alright, we can live with a nuclear weapon in the hands of the Iranians’ because it’s better than what?
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    Brzezinski: The answer is very simple: war. Because it’s very easy to start a war, it’s very difficult to end it on your own terms. And it tends to produce unforeseen consequences.
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    Look, the Israelis have the so-called nuclear deterrent. We have an enormous nuclear deterrent. The notion that somehow or other the Iranians, who have existed for three thousand years, are going to commit public suicide the first moment they have a bomb is really ludicrous. Gary Sick, who is a major significant expert on Iran, has produced a list since 1994 of annual Israeli predictions that next year Iran will have the bomb. So I think we can take their predictions with a little bit of caution.
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    Moreover, their public opinion is not first strike. The majority of American Jews are not first strike. . .I think we’re dealing here with a right-wing government with rather one-sided notions of what security is, and perhaps with a somewhat irresponsible attitude about the consequences of their actions for us. Because the Iranians, if attacked, are not going to retaliate effectively against Israel because they can not. They’ll retaliate against us because they’ll see us as the sponsors. So, our troops in Afghanistan will pay the price and our disengagement may become very difficult to pursue. We’ll have a mess in Iraq again. There could be difficulties in the Persian Gulf. The price of oil could go up. The global economy could be hurt. American taxpayers will pay five bucks per gallon. The consequences for us could be extremely serious.
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    Matthews: But Dr. Brzezinski can Israel survive if it’s known by its own people it protects, perhaps future immigrants to Israel, that they’re going into a country that’s under a basically a firing zone from Iran, that any moment one of the Mullahs could decide to attack, maybe irrationally.
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    Brzezinski: Look, we lived in that situation for several decades, with an enemy who could wipe out much of America in a few minutes. They don’t have the bomb yet. We’re negotiating with them. I think part of the Israelis’ concern is that we may make an arrangement with the Iranians that doesn’t humiliate them, and doesn’t force them to capitulate totally.
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    Matthews: What’s in U.S. interest?
    Brzezinski: I think in the U.S. interest it is absolutely imperative that Israel be secure, but in a Middle East which is not at war. And we can accomplish that. We can first of all issue a public statement that any threat by Iran against any state in the Middle East will be viewed as a threat against us. That in itself would be a very major deterrent. And I think we can at the same time continue negotiating with Iranians perhaps about some arrangement in which they’ll continue their nuclear program but under effective international inspection. And some progress is moving in that direction.
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    Matthews: How do you save their pride?
    Brzezinski: Well, by agreeing to them having a nuclear program.
    Matthews: It’s not weaponized?
    Brzezinski: It’s not weaponized. The enrichment is not up to a certain level that really represents a danger.
    Matthews: Okay, what does Israel get out of that deal? Do they get a year or two or three years of safety?
    Brzezinski: Look, if they have a guarantee from the United States they have as much safety as Western Europe, or as Japan, or as South Korea. I think we can do it. But we have to be forthright. And our president and secretary of defense also have to speak forthrightly about this and make it clear we do not want that war, it’s in nobody’s interest.
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    If Brzezinski’s narrative—that Israel is pulling and dragging America into a war with unpredictable consequences that it does not want—is correct and true then that makes Israel the clear villain in this global drama. So according to this narrative, America = the subservient dog in the house; and Israel = the rogue wild wolf on the frontier.
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    But is this the reality, or is it clever CIA/Pentagon propaganda?
    The biggest question on the minds of the people of the world is not will a vilified and isolated Israel attack Iran, but, does Israel control Washington, or does Washington control Israel? And by Washington I mean the globalist new world order terrorists in the CIA and the Pentagon who were behind 9/11, and the assassination of JFK.
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    … for the complete article click here!

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February 13, 2012 Posted by | GeoPolitics | , , , , , , , , , , , , , | Comments Off

Flashback 2010: Greece Being Forced To Buy Arms!

  • It is all a scam. The so-called bailout is for banksters, mostly French and German banks. They are not helping the Greeks. It is about taking money from the sheeple to pay the banks while disguising it as a ‘bailout’ of the sheeple!
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    ‘Greece being forced to buy arms’! 
    by http://edition.presstv.ir/ 
    A leading European parliamentarian has accused France and Germany of forcing Greece to buy billions of euros in arms in exchange for their bailout money.
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    France and Germany, while publicly urging Greece to make harsh public spending cuts, bullied its government to confirm billions of euros in arms deals, Franco-German lawmaker Daniel Cohn-Bendit alleged on Friday. The accusation drew a stern denial from the French government.
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    Cohn-Bendit said he had met last week in Athens with Papandreou, a long-time friend of his, and accused German Chancellor Angela Merkel and French President Nicolas Sarkozy of blackmailing the Greek leader.
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    Cohn-Bendit accused France and Germany of making their contributions to an IMF-led rescue package for the debt-ridden Greek economy contingent on Athens honoring massive arms deals signed by Papandreou’s predecessor.
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    “Mr. Fillon and Mr. Sarkozy told Mr. Papandreou: ‘We’re going to raise the money to help you, but you are going to have to continue to pay the arms contracts that we have with you,’” Cohn-Bendit said. On Friday, eurozone leaders approved a 110-billion-euro Greek aid package in an emergency summit in Brussels.
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    The meeting was held in an effort to restore confidence in the euro after the Greek crisis rattled financial markets worldwide.

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February 13, 2012 Posted by | Economics | , , , , , , , | Comments Off

Greece Now Needs €145bn Bailout To Avoid Collapse!

  • Greece is already collapsing right now!
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    Greece now needs €145bn bailout to avoid collapse! 
    By , http://www.telegraph.co.uk/ 
    Greece could need an extra €15bn (£12.5bn) of international aid in addition to the €130bn in the works as the result of its continued failure to stem public spending.
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    Ahead of a crucial parliamentary vote to agree to a series of stark austerity measures designed to meet lenders’ requirements, it emerged the so-called Troika of rescuers are preparing to plough more funds into the troubled European nation.
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    Amid scenes of continued mounting social unrest, politicians must today decide whether to sign off fresh austerity measures demanded by the country’s international lenders in order to release a second aid package to Athens.
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    The rescue must be secured by March 20 in order to stave off bankruptcy. It is on that date that the Greek government has to pay back €14.5bn of its debt to holders of its bonds. On Saturday night, Lucas Papademos, the Greek prime minister, told the nation in a televised address that a rejection of the deal would lead to “uncontrollable economic chaos and social explosion”.
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    “This agreement will decide the country’s future,” he said. “We are just a breath away from ground zero.”
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    … for more click here!

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February 13, 2012 Posted by | Economics | , , , , , , , , , | Comments Off

Adrian Salbuchi: The Coming World Government !

  • Adrian Salbuchi is highly perceptive!
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    The Coming World Government! 
    by Adrian Salbuchi, http://www.newdawnmagazine.com/ 
    Lucid and aware people observing world events unfold over the past decade or so – say, since September 11, 2001 – will have surely asked themselves what on Earth is going on here? We see ever-growing violence, war, outright lies, invasions, false flags, social upheavals, poverty, ruin and the death of millions… The world’s become a pretty dangerous and pitiful place to live in, and it only gets worse…
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    Which leads us to the obvious question: Why? Why is all this happening? Can we explain it away as Man’s wicked nature? Or his folly and ignorance? Perhaps just a series of bad mistakes and wrong turns on key issues?
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    First, A Word About “Conspiracies…”
    If you don’t buy any of the above explanations, and you feel that today’s calamities are being purposefully engineered – that some group of people somewhere control the course of world events – then be careful because you risk being branded another paranoid, hallucinating, conspiracy theory kook.
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    Don’t let that worry you too much because those who disqualify as mere “conspiracy theories” any attempt to put together an alternative model of how global power really works are either, (a) blissfully ignorant and believe in the “world according to CNN and FoxNews”; (b) near-sighted on key long-term geopolitical processes; or (c) purposely deceptive and thus have an axe to grind protecting the Global Power Elite, which always reacts with uneasiness whenever someone shines a light on them. I will only deal with the last of these options.
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    Every time somebody says very powerful individuals and entities quite predictably also engage in common actions, planning, and agreements in order to achieve common goals, the “C-word” kicks in with all its might ready to kill any such line of thought or investigation dead in its tracks.
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    How dare you say that global bankers plot to manipulate money and finance so they can control economies, markets, governments and the media! How dare you insinuate that the rich and powerful create organisations like the Council on Foreign Relations (CFR) or the Trilateral Commission to do their geopolitical mega planning supporting long-term Global Power Elite interests bent on imposing World Government on Mankind! How can you be so paranoid as to even suggest that Money Power uses its clout to place “their people” in the White House, Parliament, Downing Street, the Casa Rosada, and Editors’ desks in all major media outlets?
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    That is the mainstream reaction whenever we speak of bankers, oil men, defence contractors, politicians, journalists and their respective corporations, organisations, banks, lobbies, lodges, armies – who all most clearly do have common interests and objectives – coming together and using their vast money flows to exert iron-fist control over society. This is all so obvious that only very naïve people (or very cheeky “analysts” on the Elite payroll!) conclude otherwise. What is really naïve is to think that George Soros never picks up the phone to discuss mutual plans with Sir Henry Kissinger or Christine Lagarde; or that David Rockefeller never dines with his Rothschild, Morgan and Warburg brethren.
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    Don’t be taken aback by the “C” word. Whoever uses it to silence lucid and aware people do so because they know nothing is more dangerous to them than… lucid and aware people! Let’s now take a look at how the world really works, call it “conspiracy” or otherwise.
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    World Government
    The dream of erecting a world government controlled by a very small, extremely powerful and elusive minority goes back several centuries. Its roots lie not just on the political stage but, more so, in social, cultural and religious spheres, often with symbolic, “occult” overtones.
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    In our time it has been variously described under the guise of “New World Order,” “One World,” “Over-World” and, more recently, “Globalisation.” Call it what you will, the facts are that national sovereignty, which is the ability of the People to organise around nation-states, to make the final decisions on their own affairs, from being a sharply defined concept is now so eroded and diffuse that no one can readily define exactly what sovereignty means today.
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    Maybe this would be acceptable if national sovereignty were lessened for the sake of better coping with global problems affecting Mankind as a whole – for the Common Good – however increasing famine, disease, contamination and war shows a very different picture. Why? The reason is that basically World Government is not emerging around robust global public institutions that have (or should have) the Public Good of We the People in the forefront, but rather around private organisations that have sectorial profit and interests at their forefront. In fact, the World Government we see rising before our eyes has one key, seldom mentioned, characteristic: it’s private.
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    … for more click here!

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February 13, 2012 Posted by | EndTimes, GeoPolitics | , , , , , , , | 1 Comment

Infowars Nightly News: The State Has Declared War On The American People!

February 13, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , | Comments Off

Dr. Francis Boyle: Entering into The Age of Darkness!

Part  4 

February 13, 2012 Posted by | GeoPolitics | , , , , , , , , , , , , , , , , , , | Comments Off

Keiser Report: FBI vs Gold Standard ‘Extremists’!

February 13, 2012 Posted by | Economics, Social Trends | , , , , , , , , , , , , , , | Comments Off

Rule of Phobia: War on Terror Ruins Israel Democracy!

February 13, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , , | Comments Off

Israeli Diplomat: Israel a Bully on Verge of Global Isolation!

February 13, 2012 Posted by | GeoPolitics, Social Trends | , , , , | Comments Off

Fox Closes Freedom Watch with Judge Napolitano!

February 13, 2012 Posted by | Social Trends | , , , , | Comments Off

Max Blumenthal: President Obama is Being Pressed by Israel !

Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

February 13, 2012 Posted by | GeoPolitics | , , , , , , , , , | Comments Off

US Backs Al-Qaeda To Mutually Destroy Syria!

February 13, 2012 Posted by | GeoPolitics | , , , , , , , | Comments Off

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