Does it make sense?
 
Dikatakan bahwa ulah kekurangang-ajaran imperialis amrik ini, se-tidak2nya 
mendapat dukungan secara tidak langsung oleh Tiongkok. Coba kita simak, 
Tiongkok dalam jumlah besar membeli government bond Amerika, yang arti kasarnya 
mengutangi apa yang dilakukan amerika saat ini, yakni a.l. mengacau keadaan 
dunia.
 
Apapun yang terjadi dalam kasus krismon ini, Amerika maupun Tiongkok saling 
membutuhkan.
 
Anggapan orang ada yang bilang Amerika saat ini mendapat ganjaran hukum karma.
Banyak kekeruhan didunia ini di akibatkan ulah Amerika. Apalagi setelah 
presidennya ini bernama George W Bush.
Perjalanan hidupnya "menarik" untuk disimak.....
....Bush adalah cowboy Texas, suka nembaki orang...arti sesungguhnya
    teritory Texas adalah negara bagian yang paling banyak eksekusi mati, 
    terutama sejak Bush jadi gubernurnya.
    Kemudian Bush ini adalah mantan pemabuk alias tukang minum.
    Setelah menemukan Tuhan dia jadi keranjingan dan mblingsat jadi 
    kresten fundamentalis.
    Dari itu dia nyerbu Iraq itu ceritanya.....because Gold told me so....
    Keluar duit 10 billion per bulan untuk meng-invasi negara dengan tuduhan 
palsu(WMD)
    Ngediri-in kamp konsentrasi(Guantanamo) sama seperti Nazi Hitler.
    Presiden terburuk dalam sejarah negara Amerika.......
........lalu apa bedanya dengan Osama Bin Laden dengan Alqaida-nya? ya?
Hukum karma....sekarang rakyat Amerika kena tulahnya berkat...para neo-con, 
para kresten fundamentalis... kapan ambruknya negara yang penuh dosa ini ya?
 
Harry Adinegara.

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


 

A Nightmare for the US : Why the Dollar Bubble is about to Burst !

 ' Iran has really gone and done it now. No, they haven't sent their first 
nuclear sub in to the Persian Gulf . They are about to launch something much 
more deadly -- next week the Iran Bourse will open to trade oil, not in dollars 
but in Euros' This apparently insignificant event has consequences far greater 
for the US people, indeed all for us all, than is imaginable.

Currently almost all oil buying and selling is in US-dollars through exchanges 
in London and New York . It is not accidental they are both US-owned.

The Wall Street crash in 1929 sparked off global depression and World War II. 
During that war the US supplied provisions and munitions to all its allies, 
refusing currency and demanding gold payments in exchange.

By 1945, 80% of the world's gold was sitting in US vaults. The dollar became 
the one undisputed global reserve currency -- it was treated world-wide as 
`safer than gold'. The Bretton Woods agreement was established.

The US took full advantage over the next decades and printed dollars like there 
was no tomorrow. The US exported many mountains of dollars, paying for 
ever-increasing amounts of commodities, tax cuts for the rich, many wars 
abroad, mercenaries, spies and politicians the world over. You see, this did 
not affect inflation at home! The US got it all for free! Well, maybe for a 
forest or two.

Over subsequent decades the world's vaults bulged at the seams and more and 
more vaults were built, just for US dollars. Each year, the US spends many more 
dollars abroad that at home. Analysts pretty much agree that outside the US , 
of the savings, or reserves, of all other countries, in gold and all currencies 
-- that a massive 66% of this total wealth is in US dollars!

In 1971 several countries simultaneously tried to sell a small portion of their 
dollars to the US for gold. Krassimir Petrov, (Ph. D. in Economics at Ohio 
University ) recently wrote 'The US Government defaulted on its payment on 
August 15, 1971. While popular spin told the story of `severing the link 
between the dollar and gold', in reality the denial to pay back in gold was an 
act of bankruptcy by the US Government.' The 1945 Bretton Woods agreement was 
unilaterally smashed.

The dollar and US economy were on a precipice resembling Germany in 1929. The 
US now had to find a way for the rest of the world to believe and have faith in 
the paper dollar. The solution was in oil, in the petrodollar. The US viciously 
bullied first Saudi Arabia and then OPEC to sell oil for dollars only -- it 
worked, the dollar was saved. Now countries had to keep dollars to buy much 
needed oil. And the US could buy oil all over the world, free of charge. What a 
Houdini for the US ! Oil replaced gold as the new foundation to stop the paper 
dollar sinking.

Since 1971, the US printed even more mountains of dollars to spend abroad. The 
trade deficit grew and grew. The US sucked-in much of the world's products for 
next to nothing. More vaults were built.

Expert, Coilin Nunan, wrote in 2003 'The dollar is the de facto world reserve 
currency: the US currency accounts for approximately two thirds of all official 
exchange reserves. More than four-fifths of all foreign exchange transactions 
and half of all world exports are denominated in dollars. In addition, all IMF 
loans are denominated in dollars.'

Dr Bulent Gukay of Keele University recently wrote, 'This system of the US 
dollar acting as global reserve currency in oil trade keeps the demand for the 
dollar `artificially' high. This enables the US to carry out printing dollars 
at the price of next to nothing to fund increased military spending and 
consumer spending on imports. There is no theoretical limit to the amount of 
dollars that can be printed. As long as the US has no serious challengers, and 
the other states have confidence in the US dollar, the system functions.'

Until recently, the US-dollar has been safe. However, since 1990 Western Europe 
has been busy growing, swallowing up central and Eastern Europe . French and 
German bosses were jealous of the US ability to buy goods and people the world 
over for nothing. They wanted a slice of the free cake too. Further, they now 
had the power and established the euro in late 1999 against massive US-inspired 
opposition across Europe, especially from Britain - paid for in dollars of 
course. But the euro succeeded.

Only months after the euro-launch, Saddam's Iraq announced it was switching 
from selling oil in dollars only, to euros only -- breaking the OPEC agreement. 
Iran , Russia , Venezuela , Libya , all began talking openly of switching too 
-- were the floodgates about to be opened?

Then aeroplanes flew into the twin-towers in September 2001. Was this another 
Houdini chance to save the US (petro) dollar and the biggest financial/economic 
crash in history? War preparations began in the US .

But first war-fever had to be created -- and truth was the first casualty. 
Other oil producing countries watched-on. In 2000 Iraq began selling oil in 
euros. In 2002, Iraq changed all their petro-dollars in their vaults into 
euros. A few months later, the US began their invasion of Iraq .

The whole world was watching: very few aware that the US was engaging in the 
first oil currency, or petrodollar war. After the invasion of Iraq in March 
2003, remember, the US secured oil areas first. Their first sales in August 
were, of course, in dollars, again. The only government building in Baghdad not 
bombed was the Oil Ministry!

 

It does not matter how many people are murdered -- for the US , the petrodollar 
must be saved as the only way to buy and sell oil -- otherwise the US economy 
will crash, and much more besides.

In early 2003, Hugo Chavez, President of Venezuela talked openly of selling 
half of its oil in euros (the other half is bought by the US ).


On 12 April 2003, the US-supported business leaders and some generals in 
Venezuela kidnapped Chavez and attempted a coup. The masses rose against this 
and the Army followed suit. The coup failed. This was bad for the US .

In November 2000 the euro/dollar was at $0.82 dollars, its lowest ever, and 
still diving, but when Iraq started selling oil in euros, the euro dive was 
halted. In April 2002 senior OPEC reps talked about trading in euros and the 
euro shot up. In June 2003 the US occupiers of Iraq switched trading back to 
dollars and the euro fell against the dollar again. In August 2003 Iran starts 
to sell oil in euros to some European countries and the euro rises sharply. In 
the winter of 2003-4 Russian and OPEC politicians talked seriously of switching 
oil/gas sales to the euro and the euro rose. In February 2004 OPEC met and made 
no decision to turn to the euro -- and yes, the euro fell against the dollar. 
In June 2004 Iran announced it would build an oil bourse to rival London and 
New York , and again, the euro rose. The euro stands at $1.27 and has been 
climbing of late.

But matters this month became far, far worse for the US dollar. On 5th May Iran 
registered its own Oil Bourse, the IOB. Not only are they now selling oil in 
euros from abroad -- they have established an actual Oil Bourse, a global 
trading centre for all countries to buy and sell their oil!

In Chavez's recent visit to London ; he talked openly about supporting the 
Iranian Oil Bourse, and selling oil in euros. When asked in London about the 
new arms embargo imposed by the US against Venezuela , Chavez prophetically 
dismissed the US as 'a paper tiger'.

Currently, almost all the world's oil is sold on either the NYMEX, New York 
Mercantile Exchange, or the IPE, London 's International Petroleum Exchange. 
Both are owned by US citizens and both sell and buy only in US dollars. The 
success of the Iran Oil Bourse makes sense to Europe, which buys 70% of Iran 's 
oil. It makes sense for Russia , which sells 66% of its oil to Europe . But 
worse for the US , China and India have already stated they are very interested 
in the new Iranian Oil Bourse.

If there is a tactical-nuclear strike on - deja-vu - `weapons of mass
destruction' in Iran , who would bet against a certain Oil Exchange and more, 
being bombed too?

And worse for Bush. It makes sense for Europe, China , India and
Japan-- as well as all the other countries mentioned above -- to buy and sell 
oil in Euros.. They will certainly have to stock-up on euros now, and they will 
sell dollars to do so. The euro is far more stable than the debt-ridden dollar. 

 

The IMF has recently highlighted US economic difficulties and the trade deficit 
strangling the US-- there is no way out !!!!!!!!!!!!

The problem for so many countries now is how to get rid of their vaults full of 
dollars, before it crashes? And the US has bullied so many countries for so 
many decades around the world, that many will see a chance to kick the bully 
back!!! The US cannot accept even 5% of the world's dollars -- it would crash 
the US economy dragging much of the world with it, especially Britain !!!!

To survive, as the Scottish Socialist Voice article stated, 'the US , needs to 
generate a trade surplus to get out of this one. Problem is it can't.' This is 
spot on. 

 

To do that they must force US workers into near slavery, to get paid less than 
Chinese or Indian workers. We all know that this will not happen.

What will happen in the US ? Chaos for sure. Maybe a workers revolution, but 
looking at the situation as it is now, it is more likely to be a re-run of 
Germany post-1929, and some form of extreme-right mass movement will emerge.

Does Europe and China/Asia have the economic independence and strength to stop 
the whole world's economies collapsing with the US ? Their vaults are full to 
the brim with dollars.

The US has to find a way to pay for its dollar-imperialist exploitation of the 
world since 1945. Somehow, eventually, it has to account for every dollar in 
every vault in the world.

Bombing Iran could backfire tremendously. It would bring Iran openly into the 
war in Iraq , behind the Shiite majority. The US cannot cope even now with the 
much smaller Iraqi insurgency. Perhaps the US will feed into the Sunni v Shiite 
conflict and turn it into a wider Middle-East civil-war. However, this is so 
dangerous for global oil supplies. Further, they know that this would be 
temporary, as some country somewhere else, will establish a euro-oil-exchange, 
perhaps in Brussels .

There is one `solution' -- scrap the dollar and print a whole new currency for 
the US . This will destroy 66% of the rest of the world's savings/reserves in 
one swoop. Imagine the implications? Such are the desperate things now swimming 
around heads in the White House, Wall Street and Pentagon.

Another is to do as Germany did, just before invading Poland in 1938.The Nazis 
filmed a mock Polish Army attack on Germany , to win hearts and minds at home. 
But again, this is a finger in the dam. So, how is the US going to escape this 
time? The only global arena of total superiority left is military. Who knows 
what horrors lie ahead. A new world war is one tool by which the US could 
discipline its `allies' into keeping the dollar in their vaults.

The task of socialists today is to explain to as may as possible, especially 
our class, that the coming crisis belongs purely to capitalism and (dollar) 
imperialism. Not people of other cultures, not Islam, not the axis of evil or 
their so-called WMDs. Their system alone is to blame.

The new Iranian Oil Bourse, the IOB, is situated in a new building on the 
free-trade-zone island of Kish , in the Persian Gulf . Its computers and 
software are all set to go. The IOB was supposed to be up and running last 
March, but many pressures forced a postponement. Where the pressure came from 
is obvious. It was internationally registered on 5th May and supposed to open 
mid-May, but its opening was put off, some saying the oil-mafia was involved, 
along with much international pressure.  









      Make the switch to the world's best email. Get Yahoo!7 Mail! 
http://au.yahoo.com/y7mail

[Non-text portions of this message have been removed]

Kirim email ke