Banking and the Economics of the Invasion of Libya

April 27, 2011 posted by Veterans Today · 3 Comments 

A Continuation of the US/Israeli/Zionist Economic War Against The Rest of The World

By Cynthia McKinney

Former US Congresswoman Cynthia McKinney

I must commend the authors who are prolifically researching and writing facts and truths that have been purposely hidden from us, even while in plain view.  Another often-overlooked important aspect of logistics that facilitates the neocon (and neolib) agenda is finance.  And so, I wanted to write a piece on finance and the crisis in Libya.  To remind readers of the multi-faceted strands of U.S. policy formulation that in many instances can be traced to powerful individuals and this notion of O.I.L., instead of just oil.

Picking up on this theme, many articles landed in my inbox before I got to write the perfect piece, so I want to share them with you because I believe they are very important and cover necessary ground if we are to truly understand what we see.

Ellen Brown, author of the must-read “Web of Debt,” wrote a masterful piece entitled, “All About Oil, or All About Banking?”   Here, Ellen breaks down the importance of Libya’s oil revenues and sovereign fund and the important tidbit of information that forms the core of her thesis:  Colonel Qaddafi’s monetary policies constitute an important factor in him being attacked and the subsequent establishment by the NATO allies of an alternative Libyan central bank.

After reminding the readers that under The Green Book form of governance, Libya has achieved what we in the United States do not enjoy:  universal health care paid for by the state; universal education subsidized through the Ph.D. level by the state; oil revenue sharing; subsidized housing; subsidized automobile purchases; $50,000 marriage subsidy for newlyweds; and more.  The more just happens to be what Libya has in common with six other countries that General Wesley Clarke announced were on a list for war that he saw from the Pentagon:  neither Iraq, Syria, Lebanon, Somalia, Sudan, Iran, nor Libya belong to the Bank of International Settlements, the Central Bankers’ bank.

Remember, a Project Censored award went to the young man who wrote the first story about Saddam Hussein switching from the dollar to the Euro for oil sales.  That was just before certain neocons inside the United States manufactured a reason to attack Iraq.  Iraq down; Sudan dismembered, Somalia dysfunctional: only Syria, Lebanon, Libya, and Iran to go.

And then, Junious Ricardo wrote another article along the same lines to drive the point home (Click for more of Junious’s writings).  Then, this Russian news item: Rothchilds Fnish Off Gaddafi that explains why Qaddafi personally has become a target of the NATO action and his position on switching to a gold-backed dinar currency the introduction of a single African currency that Africans would print themselves and a rationale to explain why Libya’s 30 billion dollars was seized by President Obama.

John Perkins chimes in with this piece, “Libya:  It’s Not About Oil, It’s About Currency and Loans.”  And the “piece de résistance” is finally offered by “the neocon’s neocon,” Elliot Abrams.  Yes, that Elliot Abrams of Iran-Contra infamy wrote, prodding President Obama to fully arm NATO allies in Libya, pushing for an all-out war, in the Weekly Standard, published on the Council for Foreign Relations website, cfr.org.  Here are the Perkins piece and the Abrams pieces that make it clear–who’s war this really is.  This is not a war the American people should fight and we must let President Obama know that.  We must also be willing to vote for a no-war Presidential candidate.