The War in Iraq Being an Oil Currency War Essay - 4124 Words

The War in Iraq Being an Oil Currency War Although completely unreported by the U.S. media and government, the answer to the Iraq enigma is simple yet shocking -- it is in large part an oil currency war. One of the core reasons for this upcoming war is this administrations goal of preventing further Organization of the Petroleum Exporting Countries (OPEC) momentum towards the euro as an oil transaction currency standard. However, in order to pre-empt OPEC, they need to gain geo-strategic control of Iraq along with its 2nd largest proven oil reserves. The second coalescing factor that is driving the Iraq war is the quiet acknowledgement by respected oil geologists and possibly this administration is the impending phenomenon known as†¦show more content†¦Secondly, despite over 400 unfettered U.N inspections, there has been no evidence reported that Iraq has reconstituted its WMD program. Indeed, the Bush administrations claims about Iraqs WMD capability appear demonstrably false. [1] [2] Third, and despite President B ushs repeated claims, the CIA has not found any links between Saddam Hussein and Al Qaeda. To the contrary, some intelligence analysts believe it is more likely Al Qaeda might acquire an unsecured former Soviet Union Weapon(s) of Mass Destruction, or potentially from sympathizers within a destabilized Pakistan. Moreover, immediately following Congresss vote on the Iraq Resolution, we suddenly became informed of North Koreas nuclear program violations. Kim Jong Il is processing uranium in order to produce nuclear weapons this year. (It should be noted that just after coming into office President Bush was informed in January 2001of North Koreas suspected nuclear program). Despite the obvious contradictions, President Bush has not provided a rationale answer as to why Saddams seemingly dormant WMD program possesses a more imminent threat that North Koreas active nuclear weapons program. Millions of people in the U.S. and around the world are asking the simple question: Why attack Iraq now? Well, behind all the propaganda is a simple truth -- one of the core drivers for toppling Saddam is actually the euro currency, the -- . Although apparently suppressed in theShow MoreRelatedReasons For The Country Of Iraq1505 Words   |  7 Pages This essay is going to cover the country of Iraq. Due to my experience with three deployments to this country, I have found its history very interesting. I will share knowledge and facts about the Country, culture and military. This country has an astounded religious and cultural history documented. I believe Iraq was once self sufficient because of its Dictator however a great threat to the world. Sometimes I am very puzzled how we successfully invaded the country and changed theirRead More War for all the Wrong Reasons Essay1201 Words   |  5 PagesWar for all the Wrong Reasons Why might the United States start a war with Iraq? Would this war be fought for legitimate causes or are there alternative reasons behind the war that the vast majority of the public are not aware of? These are a few questions that coincide with the questionable intensions of the Bush administration. The public of America can be swayed to support the war on Iraq because the government has control over the media, but with a little research it is not hard to find manyRead MoreAmerican Influences on Syria1279 Words   |  5 Pagesof a president, two vice presidents, a prime minister and a cabinet. The president term last for only 7 years, and the president must be a muslim. The president has the right to name ministers within the government and declare states of emergency or war. The vice presidents job is to take place of the president if something ever happens. The prime minister is the head of the government of the Syrian Arab Republic. There are no constitutional limits on a Prime Minister’s term. The cabinet advisesRead MoreReasons For The Country Of Iraq3302 Words   |  14 PagesC. Military Ranking V. Resources A. Oil B. Production Iraq This essay is going to cover the country of Iraq. I have found its history very interesting and facts about the country, culture and military. This country has an astounded religious and cultural history. I believe Iraq was once self sufficient because of its Dictator however a great threat to the world. Sometimes I am very puzzled how we invaded the country and changed their government from a Baathes dictatorship to a multiculturalRead MoreThe War Of The Middle East952 Words   |  4 PagesThe war in the Middle East is an Arab-Israeli conflict with a lot of external parties with their own interests involved. The seed for the war was sown by the British Empire in charge of Palestine in the early twentieth century, when it promised an independent Arab state that included Palestine to the Arabs (Shah). In contradiction the British Foreign Minister also promised the same land to the Israelis through the ‘Balfour Declaration’ and aid for the establishment of ‘a Jew ish national home’ inRead MoreTheoretical Perspectives on Iraq War 20032293 Words   |  10 PagesINTRODUCTION In this paper, I intend to analyze Iraq war of 2003 from Realist and Marxist/ Critical perspectives. I intend to draw a conclusion as to which theoretical framework, in my opinion, is more suitable and provides for a rational understanding of the Iraq War. While drawing comparative analysis of two competing approaches, I do not intend to dismiss one theory in entirety in favour of another. However, I do intend to weigh on a golden balance, lacunas of both theories in order to concludeRead MoreWhy Oil Act Different Kinds Of Roles1160 Words   |  5 PagesIntroduction Oil is widely used a kind of fuel in people’s daily lives, and a kind of unit of currencies. People build a building, they need oil to start the machines and cars that transport the industrial materials. Almost everything can be related to oil. Why oil act different kinds of roles in modern society? About Oil Oil is a kind of thick, dark brown liquid. There is a large amount of oil stored in parts of the upper crust. It is a mixture that consists of hydrocarbons of various molecularRead MoreU.s. Dollar s World Reserve Status2027 Words   |  9 Pagespower is more visible and useful as a display, it is the dollar’s role as reserve currency that secures the domination of the U.S. in the global economic market place†. [1] This system is built on serious fault lines and its future is the most important issue for international relations today. To understand how the dollar secures American hegemony requires some review of history. After the Great Depression and World War II, the economic structures of the Old World powers were destroyed and in dire needRead MoreCauses of Rising Global Oil Prices Essay954 Words   |  4 PagesEast, declining excess capacity in oil production, the production cuts agreed by the Organization of Petroleum Exporting Countries, the devaluation of U.S. dollar against other most important currencies, increased demand from rising countries and the noteworthy expansion in provisional dealings on oil futures market. Traders and speculators can earn from these changes in values through purchasing or selling Crude Oil CFDs (Kanter, 2008). Over the long term, Crude Oil is likely to go after strict linesRead More The War in Iraq Essay2488 Words   |  10 Pages In April of 1920, Allied Nations coming out of World War I met at the San Remo Peace Conference. It was here that a mandate involving France’s desire to hold Syria and Lebanon and Great Britain’s desire to hold the lands of Palestine, Transjordan, and Mesopotamia was born. Britain’s holdings were renamed Iraq, which was created out of the Ottoman provinces of Baghdad, Mosul, and Basra. In October of 1932, Iraq gained formal independence under Faysal I and through the League of Nations becoming its