Petrodollar Warfare: Neo-cons versus the rest of the world - a MUST READ [View All]

this article is really long and it's a little complicated ... DU'ers should invest the time to read it ...

but, for you headline readers out there, here are the basics:
1. neo-cons and big oil have maintained their global power by keeping the dollar as the currency standard for international oil transactions
2. Saddam "sealed his fate" in 2000 when he said he was going to move Iraq to euros
3. Iran plans to open a "bourse" (an oil trading market) that would likely "end the petrodollar's hegemonic status as the monopoly oil currency"
4. Cheney has threatened to nuke Iran ... the pretense of terrorism and Iran building nuclear weapons is a smoke screen for the need to help big oil maintain control of international oil markets
5. China has a massive interest in Iran and US attacks on Iran could bring about a confrontation with China
6. all of this is beyond the radar of most Americans because "five U.S. major media conglomerates control 90% of information flow in the U.S"
7. Peak oil is putting increasing pressure on the US and making it more difficult for the US to control "petrodollars"

that should be enough to peak your curiosity ... this stuff is truly mind boggling ... stick with the article even though it's really long ... it's worth it if you want to understand what's really going on ...

here's the link: http://world.mediamonitors.net/content/view/full/17451