http://www.zetatalk2.com/index/zeta265.htm[2/5/2012 11:42:36 AM]
ZetaTalk: Iran Boondoggle
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Right on schedule, leading up to the Iran announced date for the opening of its petroeuro oil bourse on March 20, 2006,
the Bush administration is saber rattling and making threats, implying military action is not off limits and listing Iran
as the worlds bogeyman. Reminiscent of the buildup to the Iraq War, Iran is listed as assisting terrorism by assisting
the resistance in Iraq, perhaps harboring Bin Laden, and desiring nuclear weapons. Never mind that North Korea and
all the other countries around the world produced nukes and thumbed their noses at the world while making threats
against neighbors. Has the Bush administration gone mad? The US military is exhausted by Iraq, not able to get
recruits even at a time of high unemployment in the US, unable to call a draft with an increasingly rebellious Congress
defying Bush and a public in revolt on all fronts. The national debt is skyrocketing, with countries like China buying
our bonds the only way the US is staying afloat other than to print money like a banana republic. The M3 reporting,
which shows the
the relationship of the current press on Iran to
What do they hope to accomplish? Deflecting a precipitous drop in the dollar, at the very least. The world has used the
dollar in oil trades for decades, due to a Saudi promise to hold to the dollar. What this does for the US is force
countries around the world to
the Euro in the years preceding the 2003 invasion, but was quickly returned to the dollar in 2003 by the US
administrators who took over the Oil Ministry in Iraq. But the steady slide to slip to the Euro from the dollar has
continued, with Norway, Venezuela, and Syria moving to the Euro of late. Even Dubai moved to put a portion of their
oil trade in Euros, a reaction to the rebuke by America over the ports management debacle. What makes Iran so
important, given the trend? Norway could hardly be invaded, as what would be the excuse? Venezuela has been put on
the enemy list, but any invasion would be opening a second front, something the military has refused to even consider.
But, as we mentioned, inciting the Iraq violence to spill over into Iran is possible, in the Bush mind, as it would be an
Iran is the 4th largest in oil production, and holds the 3rd largest oil reserves, so securing this under US occupation has
been a goal of the Bush crowd all along. But the timing of the saber rattling indicates a
precipitator. Few in the US, watching the financial experts drone on about the DOW as though it were holding steady
on its own, would suspect the financial manipulations that go on behind the scene. The Plunge Protection Team,
authorized into law during the Reagan era, allows the government itself to line up buyers for sellers; insist that sell
orders be held until such buyers are arranged; allow military industrial contractors who put their pension funds at risk
to assist in this manner to be compensated via their DOD contracts; and, if all else fails, simply manipulate the price of
stock. Who would investigate this, the SEC? The SEC is a co-conspirator! Then take the good news the media chirps
at the public, the economy is strong, unemployment down, and inflation in check. None of this is even remotely true,
the opposite true in fact, with the numbers given to the media cooked. Employment statistics are cooked up from
birth/death statistics, of all things, and not even related to actual employment! Then there is the matter of the debt,
which requires huge amounts of cash infusions from countries like China, buying US bonds, to stay afloat.
What happens, then, if the US dollar is no longer desired, because it is no longer needed for the oil markets? The dollar
gets dumped. As it drops in value, as it
individual to hold onto dollars. One day a dollar bill is worth $1.00, and the next worth only $.75 as the trading value
of the dollar has dropped. Who in the financial markets wants to lose money? For those in the US, this means an
increased price for products produced overseas, and this includes oil and gas. For countries like China, which have
been buying US bonds only because they have such a glut of dollars from the US trade deficit, the motivation to buy
US bonds vaporizes when they no longer have a glut
date, has been buying Chinese products more than China as been buying US products, thus the glut. But if the US
http://www.zetatalk2.com/index/zeta268.htm[2/5/2012 11:42:36 AM]
ZetaTalk: Iran Boondoggle
citizen, pushed to the brink on credit card debt and now facing a housing bubble burst, can no longer
loses its glut of dollars and is no longer inclined to be nice to the US. Thus, the purchase of US bonds by
