Rumor has it that Iran is about to change what they and the world have traditionally peg the price of oil on (the US Dollar) to the Euro and the Yen. In all honestly, I hope they do it while GWB is in office because I would hate for it to fall in the lap of Obama (for obvious reasons) or in McCain’s (it may proffer a myocardial infarction). This makes it so clear to me as to why these political big wigs and Neo, neo cons are always at the fence throwing rocks at Iran. This will be more fucked up to the US than anything Saddam Hussein could have done. Not to mention he was on our payroll when he poisoned the Kurds and the Iranians.
If this happens it will be on, petro dollar warfare. Talk about divide and conquer, if this happens Europe will once again be king if it unit of currency becomes the standard for the rest of the world (yet another reason why I ridiculed McCain in the previous post regarding his restricted understanding of macroeconomics).
Any proactive government would have been able to see this coming and maybe even would have tried working hand-in-hand with OPEC and the European Union to put in place some type of dual currency system. But no, not our slow ass, pass the TV to change the channel to find the remote control ass. This may be why some have openly considered that ‘Operation Iraqi Freedom’ occurred so we could put a pro-U.S. puppet government in Iraq, with military bases and all, right before “Peak Oil” production could occur. I guess to them, it was easier to procreate a war fabricated on a make believe WMD program so we could get some practice in before we did the same thing to Iran.