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The Raelian Movement
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Source:
http://www.politicallore.com/politics/presidential-candidates/hillary-clinton/us\
-beats-war-drum-as-iran-dumps-the-dollar/252

U.S. Beats War Drum as Iran Dumps the Dollar

Post Date: May 1st, 2008

The seemingly ever escalating rhetoric against Iran by U.S. officials took
another step forward today. A senior military official leaked to the press plans
to publicly reveal the evidence of weapons caches found in Iraq which can be
directly traced back to Iran.

The types of weapons found such as roadside bombs are believed to have been
meant for use against the occupying American forces.

This plan to publicly present evidence of Iranian support for Shiite militias
inside of Iraq comes at virtually the same time that Iranian officials have
confirmed that they have completely dumped the dollar in their oil trades.

It is being reported by an anonymous official that plans to release evidence
were going to go forward sooner than is now expected because Iraqi officials
want to first meet with Iranian officials to discussion a possible solution to
what U.S. officials see as a growing problem.

Adding even more fuel to the fire of speculation is the recent arrival of a
second United States aircraft carrier just of the southern coast of Iran.
Secretary of Defense Robert Gates was quoted yesterday while in Mexico as saying
that the 2nd aircraft carrier is a "reminder" and not a threat or elevation of
pressure on Iran. Though it is now being reported by an anonymous senior
official that the USS Lincoln was a replacement for the USS Truman which is now
reportedly returning to its home base, this has not yet been confirmed.

It is important not to underestimate the possible severity of Washington's
response to the announcement of Iran dumping the dollar in oil exchanges and
opting instead for the euro and the yen.

It is some economic analyst's belief that Saddam Hussein's decision to switch
from accepting the dollar to accepting the euro in 2000 was one of the
significant developments that transformed opinions in Washington. Vice President
Dick Cheney's opinion was the highest profile example of a reevaluation of Iraq
(after Saddam's dumping of the dollar) which led to the belief that regime
change in Iraq was necessary to protect American interests.

Some American economists fear that by Iran dumping the dollar it could lessen
the need for other countries around the world to hold onto their large reserves
of United States Federal Reserve notes. This would likely result in the further
plunging of the dollar as well as the continuing climb of fuel prices. In recent
weeks the dollar has shown some resiliency, but most of the world's leading
economists, such as Ben Fulford, a former Asian Bureau Chief for Forbes, who
calls the recent dollar movement a "dead cat's bounce" believe that while the
Federal Reserves move to flood the economy with cash may have a short-term
effect of essentially buying some time, the writing is on the wall for the U.S.
economy.

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