Bisa saja dibilang hukum karma karena dalam sistem kapitalis selalu ada siklus
krisis, yang payah dalam siklus ini ialah kaum kelas bawah dan negeri mereka
yang berkatagori underdeveloped.
----- Original Message -----
From: Harry Adinegara
To: [EMAIL PROTECTED] ; komunitas tionghoa
Cc: hksis hksis ; media care ; ppi india
Sent: Thursday, October 16, 2008 2:24 PM
Subject: [HKSIS] The US Dollar
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.
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