Replies to post #457705 on Zeev's Turnips Patch-No Politics (ZEEV)

[buckaroo48]

nomo........would you explain what a bradley turn date is?
this is the first i have heard of it and have been wondering just what it is.
thanks very much!

[marketmaven]

War threats follow Countries dumping US dollar

Countries dump dollar in dealings for oil dumping the dollar - Syria, Iran, Iraq, Venezuela
http://bellaciao.org/en/article.php3?id_article=10468
THE OIL-CURRENCY-WAR THEORY

SYRIA:

Syria has switched all of its government foreign exchange dealings from dollars to euros as part of a political stand-off with the US. Is it really “a political stand-off”?

Or is it simply lack of confidence in the monetary unit of a nation which had so quickly squandered its surplus and turned it into an unfathomable deficit, refuses to educate its young people, informs its politics by absorbing the lies from Fox News, and allows itself (original story at BBC http://news.bbc.co.uk/1/hi/business... Feb 14, 2006) http://gaelicstarover.blogspot.com/...

IRAN:

An Alarm based on 2 verifiable events The announcement of this crisis results from the analysis of decisions taken by the two key-actors of the main on-going international crisis, i.e. the United States and Iran:

-on the one hand there is the Iranian decision of opening the first oil bourse priced in Euros on March 20th, 2006 in Teheran, available to all oil producers of the region ;

-on the other hand, there is the decision of the American Federal Reserve to stop publishing M3 figures (the most reliable indicator on the amount of dollars circulating in the world) from March 23, 2006 onward

[1]. February, 2006. http://www.newropeans-magazine.org/...

IRAQ

The Americans could live with Saddam until he started selling oil for euros instead of U.S. dollars. Then the Europeans could live with him.

If this oil-currency-war theory is a delusion, the U.S. administration can easily discredit it -- by declaring that the USA has no objection if oil exports to the Euro Zone are denominated in euros. March 26, 2003 http://www.trinicenter.com/oops/ira...

VENEZUELA

Venezuelan move to replace US$ with the €uro upsetting Washington more than Saddam’s €uro conversion last November - June 18, 2003 http://www.vheadline.com/readnews.a...

For more, read Congressman Ron Paul’s speech on dollar hedgmony

February 15, 2006: The End of Dollar Hegemony "Since printing paper money is nothing short of counterfeiting, the issuer of the international currency must always be the country with the military might to guarantee control over the system.

This magnificent scheme seems the perfect system for obtaining perpetual wealth for the country that issues the de facto world currency. The one problem, however, is that such a system destroys the character of the counterfeiting nation’s people-- just as was the case when gold was the currency and it was obtained by conquering other nations. And this destroys the incentive to save and produce, while encouraging debt and runaway welfare. " http://www.house.gov/paul/congrec/c...