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  1. Lolo

    lolo. Although completely unreported by the US media and government, the
    answer to the Iraq enigma is simple yet shocking -- it is ...

  2. Barack Obama

    ... was enrolled as a foreign student.[3] They separated when he was two years old and
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  3. The Role Of Women In Society - Things Fall Apart Compared To ...

    ... She had even taken the title of Lolo which was reserved only for rich women of high
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  4. The Taiping Revolution

    ... Peasant movements like the Miao, Yao, Lolo, Moslem and Nin were precursors to the
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  5. A President In The Making

    ... 1982. His mother married another foreign student, Lolo Soetoro, and the family
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Lolo

Submitted by kreaminue on August 4, 2005

Category: Social Issues
Words: 4153 | Pages: 17
Views: 295
Popularity Rank: 37,242
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Although completely unreported by the U.S. media and government, the answer to the Iraq enigma is simple yet shocking -- it is in large part an oil currency war. One of the core reasons for this upcoming war is this administration's goal of preventing further Organization of the Petroleum Exporting Countries (OPEC) momentum towards the euro as an oil transaction currency standard. However, in order to pre-empt OPEC, they need to gain geo-strategic control of Iraq along with its 2nd largest proven oil reserves. The second coalescing factor that is driving the Iraq war is the quiet acknowledgement by respected oil geologists and possibly this administration is the impending phenomenon known as Global "Peak Oil." This is projected to occur around 2010, with Iraq and Saudi Arabia being the final two nations to reach peak oil production. The issue of Peak Oil has been added to the scope of this essay, along with the macroeconomics of `petrodollar recycling' and the unpublicized but genuine challenge to U.S. dollar hegemony from the euro as an alternative oil transaction currency. The author advocates graduated reform of the global monetary system including a dollar/euro currency `trading band' with reserve status parity, a dual OPEC oil transaction standard, and multilateral treaties via the UN regarding energy reform. Such reforms could potentially reduce future oil currency and oil warfare. The essay ends with a reflection and critique of current US economic and foreign policies. What happens in the 2004 US elections will have a large impact on the 21st century.

Revisited -- The Real Reasons for the Upcoming War With Iraq:
A Macroeconomic and Geostrategic Analysis of the Unspoken Truth

"If a nation expects to be ignorant and free, it expects what never was and never will be . . . The People cannot be safe without information. When the press is free, and every man is able to read, all is safe."

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