VICTORY, by Peter Schweizer For a fascinating account of how American government operates in the black, read VICTORY: The Reagan Administration's Secret Strategy That Hastened the Collapse of the Soviet Union, by Peter Schweizer; Grove/Atlantic, 1996. http://www.amazon.com/exec/obidos/ISBN=0871136333 Schweizer book is endorsed New York Times, the Washington Times, and Forbes. Schweizer was sponsored by the Hoover Institution. "This extensively researched study is fast-moving, exciting, and accurate." -- FORBES magazine about Schweizer's VICTORY. ---------- According to Peter Schweizer, the Saudis cooperate with the US in exchange for intelligence on dissidents [p. 31], satellite pictures, AWACS [p. 51], Stinger missiles [p. 190], advanced fighters, direct military protection, and were even "leaked" information when Treasury Department planned to devalue the dollar so they could shift investments into nondollar assets. [p. 233] During the Cold War, the Saudis worked in the black with the CIA to lower global oil prices and thereby deprive the USSR of the much-needed hard currency it needed to operate. Each $1 drop in oil price cost the USSR about one billion dollars in revenue. A $5 drop in the price of a barrel of oil would increase the U.S. GDP by about 1.4 percent. Poindexter: "It was in our interest to drive the price of oil as low as we could". [p. 218] Weinberger: "One of the reasons we were selling all those arms to the Saudis was for lower oil prices." [p. 203] Alan Fiers: The Saudis were also providing financial aid to the mujahedin and the contras. [p. 202] "In the first few weeks of the Saudi push, daily production jumped from less than 2 million barrels to almost 6 million. By late fall of 1985, crude production would climb to almost 9 million barrels a day." [p. 242] "Shortly after Saudi oil production rose, the international price of oil sank like a stone in a pond. In November 1985, crude oil sold at $30 a barrel; barely five months later it stood at $12." [p. 243] "In the spring of 1986, the downward plunge in international oil prices was causing serious worries around the world but also among some quarters in the Reagan administration. Vice President George Bush was preparing for a highly visible ten-day tour of the Persian Gulf area. A product of the Texas oil country, Bush saw danger, not hope, in the dramatic and recent decline in oil prices." [p. 259] Bush was acting on his own against the Reagan administration! While Reagan, Casey and Weinberger were trying to talk oil prices lower, Bush was meeting with Yamani and Fahd trying to talk oil prices higher! [p. 260] In 1983, the Treasury Department had done a secret study that found the optimum oil price for the US economy was about $20 a barrel. [p. 141] http://www.amazon.com/exec/obidos/ISBN=0871136333 Jay ------------------------- COMING SOON TO A LOCATION NEAR YOU! http://dieoff.com/page1.htm
