Quote:
Originally posted by funkmaster
... jesus fucking christ, you guys will never get it. this is not, I repeat NOT, about the oil.
... mr. blair and mr. busch have already told the world that all oil money will be used in favour for iraq´s liberation. (note: they haven´t said that it will be sold at $1 per barrel though)
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Funk... catch up here bro.
It's NOT about the oil per-sey. The theory is that it's about the
currency that the oil is dealt in. I'm sure the gov would love to just steal it from them (back in the old old old conquerer days it would have been accpetable) but this is is a different day and age... we have to be politically correct.
So we put in new leaders over there, and
suggest to them nicely that it would be better for everyone that the Iraq oil sales & reserves go back to being dealt in USD.
They can keep their oil see? So long as it's sold to US, and EVERYONE ELSE in US Dollars as it always had been prior to November of 2000.
Do you get it? We were having to convert our money to euro to buy oil from Saddam. When our money is so leveraged out & our economy is so bad... and were talking about billions of dollars, were being forced to sink this money into the EU economy.
And for what its worth.. the UK doesn't back the Euro either.