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Iran dumps greenback for euro

Tehran has just announced that it is to dump the US dollar for the euro in terms of calculating the value of its Oil Stabilization Fund. This edict was issued on September 12th just a day after the USA marked another anniversary of the attacks that have started almost a decade of war and reported in the Tehran Times on Monday September 21st.

We should remember that Iraq also tried this move shortly before it was attacked and some people have suggested that this was actually the primary reason for the invasion. A supporting argument to the wars for petrodollars argument is that one of the first acts the conquering US invasion force did when it captured Baghdad was to revert back to using dollars for oil. The suspicions are raised even further when one considers that during the aftermath of the war when looting and rioting was ravaging the city one of the only buildings the US forces bothered protecting was the Ministry for Oil. The ancient artifacts and precious historical exhibits at the Iraq National Museum were freely destroyed or stolen as US soldiers watched without intervening however the Oil Ministry was deemed far more important to protect.

Therefore one can only wonder now that its been made official that Iran is to dump the already struggling US dollar for the Euro will the drums of war start to beat just that little bit louder. We already have a situation where Israel seems to be itching to get Irans nuclear installations destroyed anyway it can.

Like with its plans to destroy Saddam’s Military might in the eighties and its ability to use false intelligence to get Libya bombed it would probably prefer to get its big bad brother i.e the USA to do the fighting for it. However it is more than capable of launching a pre-emptive bombing raid as it previously did with Iraq when Saddam was actually on his way to having a nuclear program. Therefore we should be on a lookout for a cranking up of the “Iran must be stopped at all costs” brigade and we should never rule out a false flag attack blamed on Iran as an excuse to get the planes in the sky.

We must also remember that Iran has actually done nothing wrong. It has the right under international law to use nuclear energy for peaceful purposes and is also a signatory on the nuclear non-proliferation treaty. It has repeatedly stated publicly that it does not wish to build nuclear weapons and has in fact proposed a plan to rid the whole world of nuclear weapons.

We must also remember that the only state in the middle east that actually does have nuclear weapons is Israel. They have never confirmed this fact although its widely accepted as being true after Mordechai Vanunu revealed the extent of Israel’s nuclear programme to the Sunday Times. He was then kidnapped by Mossad taken back to Israel and imprisoned in solitary confinement for 18 years. Israel therefore has never signed the nuclear non-proliferation treaty and is being very hypocritical towards Iran in terms of its nuclear programme.

Iran has been on the USA’s axis of evil for quite a long time now and this announcement may unfortunately for them be the last two fingers they are able to stick up at the neo-con / pro-Israeli lobby before a reason is created to legitimize an attack. If the right wing media in the USA suddenly starts to crank up the anti-Iran rhetoric then we will know one way or another whether an attack is planned or can be prevented.

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Posted in Finance & Economics, Iran, Israel & Zionism, Middle East.

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