Of course, this war is about currency and oil. This should explain the reasons behind US "pro-democracy" (which US never give a damn on Panama/ Venuzeula) vs Europe strong "pacificist"(which no european give a damn on african war).
Yes. It is nothing to do with evil Saddam, since 90% in the ME region is a evil dictatorship as well as "ethnic cleansing". (say turkey)
Yes. It is not about acessing oil, but it is manipulation on input and output of oil.
Yes. It is nothing to do with WMD. If it does. How can you explain N. korean situation at this moment?
Euro out peforms dollar. UK pounds and US dollar lose its significance, due to opec countries, developed world, south east asian economy switch their asset into Euro. Moreover, the massive corporates debts accelerate this process.
In order to control the significance of pound and dollar, US-UK must have strategic hold on the iraqi.
Moreover, immediately following Congress's vote on the Iraq Resolution, we suddenly became aware of North Korea's nuclear program violations. Kim Jong Il is processing uranium in order to produce nuclear weapons this year. President Bush has not provided a rationale answer as to why Saddam's seemingly dormant WMD program possesses a more imminent threat that North Korea's active program. Strangely, Donald Rumsfeld suggested that if Saddam were `exiled' we could avoid an Iraq war. Confused yet? Well, I'm going to give their game away -- the core driver for toppling Saddam is actually the euro currency, the .
Although completely suppressed in the U.S. media, the answer to the Iraq enigma is simple yet shocking. The upcoming war in Iraq war is mostly about how the ruling class at Langley and the Bush oligarchy view hydrocarbons at the geo-strategic level, and the overarching macroeconomic threats to the U.S. dollar from the euro. The Real Reason for this upcoming war is this administration's goal of preventing further 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.
This lengthy essay will discuss the macroeconomics of the `petro-dollar' and the unpublicized but real threat to U.S. economic hegemony from the euro as an alternative oil transaction currency. The following is how an astute and anonymous former-government employee/macroeconomist alluded to the unspoken truth about this upcoming war with Iraq:
"The Federal Reserve's greatest nightmare is that OPEC will switch its international transactions from a dollar standard to a euro standard. Iraq actually made this switch in Nov. 2000 (when the euro was worth around 82 cents), and has actually made off like a bandit considering the dollar's steady depreciation against the euro. (Note: the dollar declined 17% against the euro in 2002.)
"The real reason the Bush administration wants a puppet government in Iraq -- or more importantly, the reason why the corporate-military-industrial network conglomerate wants a puppet government in Iraq -- is so that it will revert back to a dollar standard and stay that way." (While also hoping to veto any wider OPEC momentum towards the euro, especially from Iran -- the 2nd largest OPEC producer who is actively discussing a switch to euros for its oil exports)."
Furthermore, despite Saudi Arabia being our `client state,' the Saudi regime appears increasingly weak/threatened from massive civil unrest. Some analysts believe a `Saudi Revolution' might be plausible in the aftermath of an unpopular U.S. invasion and occupation of Iraq (ie. Iran circa 1979) . Undoubtedly, the Bush administration is acutely aware of these risks. Hence, the neo-conservative framework entails a large and permanent military presence in the Persian Gulf region in a post-Saddam era, just in case we need to surround and control Saudi's Ghawar oil fields in the event of a coup by an anti-western group. But first back to Iraq.
"Saddam sealed his fate when he decided to switch to the euro in late 2000 (and later converted his $10 billion reserve fund at the U.N. to euros) -- at that point, another manufactured Gulf War become inevitable under Bush II. Only the most extreme circumstances could possibly stop that now and I strongly doubt anything can -- short of Saddam getting replaced with a pliant regime.