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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (429507)	7/19/2003 2:13:02 AM
From: Doug R	Read Replies (1) \| Respond to of 769670

As it happens, Iraq had been forced by the US embargo and other pressures to switch Iraq from US dollar (pretend money -- Federal Reserve I.O.U. notes) trade to Euros (based on a real Gold standard). This involved not only his oil sales but his $10 billion in cash reserves held in European banks from oil sales -- a fund established as part of the embargo in order to provide food and medical supplies for Iraqi civilians. Seems that instead of buying those goodies, he is borrowing Euros against it, and spending that wherever he pleases. But the real story is that this has strengthened Iraqís financial picture significantly, by up to 30% over what it would have been with US dollars. The rest of OPEC has eyed this and is considering switching, too -- or perhaps establishing their own money standard based on oil (black gold.) And this brings us to why Tony Blair is such a stuanch Oil War III supporter, and the Germans and French are not. Blair, like Bush, is not really worried about weapons of mass destruction... he and those in British Petroleum's Boardroom are worried about the same thing the American oil companies are worried about. If the exchange standard for oil changes, economic experts predict a virtual recession for the US, and American oil companies may stand to loose another 30-40% in attempting to convert US dollars for Euros in order to buy oil. Great Britain is in the same fix, because they refused the Euro in favor of the English Pound which is also failing against the Euro almost as badly as the American I.O.U.s. France and Germany, on the other hand, use the Euro, and thus, hope the war is a bust. That means a strong Euro and better buying power -- especially for oil. But if the US invades Iraq and takes control, one of the first things expected of George Bushís puppet government officials installed there is to revert Iraq back to US Dollars for petro -- especially in sales to Europeans. In such a move, OPEC would be hard pressed to move ahead to any conversion strategy, because it might result in a production war which sends prices low (for both standards.) In addition, George Bush is in a key position to blackmail select OPEC leaders (especially the Saudi Royals) for their funding of Osama bin Laden... ëPlay ball, Faisal, or you might be next in line for Americaís New War!í Itís that same old carpet of gold or carpet of bombs argument, all over again. Thus it is no coincidence that virtually every country in favor of war with Iraq is not using the Euro standard (i.e., all those Slavic/former Soviet states)... or is partnered with America in oil ventures in the Caspian (i.e., Turkey...) and every country which has come out publicly against the war is a Euro nation. The only noted exception is the Soviet Union, which while both partnered with the US and not on the Euro, has non the less opposed the war. This may be because they view with alarm and suspicion the series of Oil Wars for profiteering in the region, and the ultimate price they may have to pay if the US controls the bulk of the entire world's supply of oil short of the Argentines. And perhaps they know about Bush and friends adventures there and fear more trickery is afoot akin to that used against the Soviets, resulting in loss of control of their own oil reserves. So the new formula is War = Euro x 0 = (US$ and £) x 1.7 x Oil Profits x Caspian Reserves.

To: American Spirit who wrote (429507)	7/19/2003 11:01:47 AM
From: PROLIFE	Read Replies (1) \| Respond to of 769670

EVERYONE SUSPECTS BOB GRAHAM IS AN IDIOT --- HE REALLY DOESN’T HAVE TO WORK THAT HARD TO PROVE IT. Bob Graham, Florida’s demented Democratic Senator and presidential wannabe, is making noises about impeaching George Bush. He says that there are grounds to impeach Bush if we find that he led America to war under false pretences. What false pretences? That Saddam Hussein was a monster? That Saddam Hussein had weapons of mass destruction? Every major industrialized nation in the world agrees with those assessments, so what in the hell is Graham talking about? We’ll also talk today about Graham’s plan for a millionaire’s tax bracket to help, as he puts it, ease the nation’s deficit. He wants to expand government payments to people who don’t pay taxes under these phony child tax credits, earned income tax credits and other giveaway plans. He wants to raise taxes on dividends and capital gains. Graham is really playing the Democrat class warfare game to the hilt here. He says that “millionaires are the only people who truly benefit from his policies.” Florida … you should be embarrassed. Boortz.