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Published On : January 4, 2007

Last Updated : January 4, 2007

Muammar el-Qaddafi & Libyan Oil, Bush Admin. Says Not The Oil
Why America Supports Shi'ites, The Real Mission Accomplished
Bush's Disinformation Campaign, Ethnic Cleansing Of Sunnis
Hugo Chávez And Venezuela, OPEC's Membership, Bush Was Linked
To Venezuela Coup, Regime Change Integral Part Of U.S. Policy
U.S. Manipulatin Via IMF And World Bank, US. Chastises Chávez
Made A Terrorist By Suggestion Alone, Why Bush Hates Chávez
Beyond The Axis Of Evil, Fidel Castro & Cuba, Syria Goes Euro

But let us return to the situation with Libya for a moment.
If the United States restored relations with Libya so quickly
following Qaddafi's 2003 turnaround, it is because Libya has
something that America wants; and I think you already know
what that is. I have no doubt that this diplomatic move was
all about resurrecting the warm relationship that Libya and
the U.S. had decades ago, prior to the 1969 Revolution when
Qaddafi came to power. Before that time, Libya was very pro-
West, and both the U.S. and the British had bases there. So
this was a purely strategic move to re-establish an old oil
supplier at a time when America needs it the most. What I
find a bit funny, is that the U.S. Government knew exactly
how the rest of the world would react to this announcement;
and so right away, it started to deny what was so obvious.
In a May 2006 New York Times article, which in glowing terms
explains how cooperative Colonel Qaddafi has suddenly become,
we find the following interesting quote from David Welch,
who is the U.S.'s Assistant Secretary of State for the Middle

----- Begin Quote -----

"Libya is a major oil-producing state and a member of OPEC,
but David Welch, assistant secretary of state for the Middle
East, insisted: 'This decision is not undertaken because
Libya has oil. This decision is undertaken because they've
addressed our national security concerns.'"

----- End Quote -----

Folks, as far as I am concerned, that is nonsense. The man
is blowing smoke in our faces. According to 2003 figures,
Libya is the eleventh largest oil exporter in the world. As
of September 2006, she was producing 1.7 million barrels of
oil a day, which is some 300,000 barrels below Iraq's level.
That is precisely why she has been let back into America's
fold; and you can bet that Qaddafi is going to sell his oil
in American dollars, and not in Euros. In fact, this may be
why in the very same news article, it states that "Iran has
ridiculed Libya for its reconciliation with the West". Iran
wants all OPEC members to sell their oil in Euros, and not
in U.S. dollars. Let's not forget that the U.S.A. wants to
divide and destroy OPEC, if OPEC nations don't want to sell
their oil in U.S. dollars. So by selling his oil in dollars,
Qaddafi is working against the other OPEC nations who want
to sell their oil in Euros, such as Iraq and Iran. I think
there is another nation that may be doing the same thing. I
will be discussing it in a moment. So not everyone is happy
about this reconciliation. In fact, one woman, who had lost
her only child in the Pan Am Flight 103 bombing attack,

----- Begin Quote -----

"Qaddafi has triumphed. This is all done for oil; that's all
they care about."

----- End Quote -----

I think she is absolutely right. It's all about the oil, and
keeping the U.S. dollar connected to the oil. By the way, I
forgot to mention an important fact regarding the outcome of
the U.S.A.'s invasion of Iraq. In his article, Professor
Petrov also makes this enlightening comment:

----- Begin Quote -----

"Indeed, this is the case: two months after the United States
invaded Iraq, the Oil for Food Program was terminated, the
Iraqi Euro accounts were switched back to dollars, and oil
was sold once again only for U.S. dollars. No longer could
the world buy oil from Iraq with Euro."

"Global dollar supremacy was once again restored. Bush
descended victoriously from a fighter jet and declared the
mission accomplished - he had successfully defended the U.S.
dollar, and thus the American Empire."

----- End Quote -----

That is undoubtedly why, since several years ago, the U.S.A.
has been actively supporting the Shi'ites in Iraq, and is in
fact still supporting them today; even though their militias
and death squads, such as Moktada al-Sadr's Mahdi Army, have
been murdering thousands and thousands of Sunnis in Iraq. As
we saw earlier, under Saddam Hussein, the Sunnis had begun
to sell their oil in Euros; but now, with the Shi'ites in
power, the Iraqi oil exchange has been returned to a dollar
base. If they are smart, they will leave it that way, unless
they want to meet the same fate as Saddam Hussein.

What really caught me by surprise in the previous paragraphs
was Professor Petrov's second comment. Like so many other
people, I totally missed the real significance of President
Bush's "Top Gun" moment back in the Spring of 2003, when he
descended from that fighter jet on that air craft carrier.
Like other writers, considering how poorly the invasion and
war has gone, I criticized, and even mocked Bush, for being
so quick to declare the mission accomplished. However, now I
am beginning to realize that his words may not have been for
us, the general public, at all. His "mission accomplished"
message may have been a coded message meant for someone else
who is much more powerful than he, who was watching their
television set that day. This person, or group of people,
would know exactly what the president meant by the phrase.

From our perspective as outsiders to the government's inner
workings, who plainly see that civil war has engulfed Iraq,
and that three thousand people continue to be killed every
month, it most definitely appears like the mission has not
really been accomplished, and that America has obtained no
victory there. But is it possible that this is because we
have never truly understood what the mission was? Bush has
thrown all of this disinformation at us for several years
now. First we were told that America invaded Iraq to stop
Saddam, and to destroy his WMD. Then we were told that the
mission was to root out al-Qaeda from Iraq. Then they told
us that it was to free the Iraqis, and to bring a semblance
of democracy to Iraq.

For more than six years now, we have endured President Bush's
disinformation blitzkrieg. So when none of these things came
to pass -- no WMD found, al-Qaeda not removed from Iraq, and
the Iraqis still not living in a peaceful democracy -- and
the situation became increasingly worse, we naturally assumed
that Bush had been premature with his "mission accomplished"
statement so early in the conflict. Well, it's been more than
four years now since the "mission accomplished" remark, and
we are still being given a lot of disinformation, and many of
us are still wondering what Bush has really accomplished; if
anything, besides destroy Iraq, and get a lot of people mad
at him.

However, if, as Prof. Petrov suggests, we look at the real
mission as being to restore the Iraqi oil exchange to a U.S.
dollar base, then President Bush was absolutely correct when
he smiled and said "Mission accomplished!". Even though Iraq
is still in a very chaotic state, with so many people being
murdered on a daily basis, nevertheless, America did in fact
accomplish her mission there. Saddam Hussein was de-throned,
and the dollar was restored to power there.

Sadly, the tragedy is that the Iraqi people are the ones who
have been paying a terrible price for America's destructive
deeds; and thus far, it appears that the Shi'ite politicians
who are now in control of the country, are evil thugs who are
not much better than Saddam Hussein himself. Right now, while
they may not label it as such, ethnic cleansing is occurring
in Baghdad and elsewhere in the country; and the U.S. military
has not been able to prevent it from happening, in spite of
the estimated 130,000 troops that they have in the country. I
don't know what else you can call the forceful displacement
and murder of thousands of Sunnis, if not ethnic cleansing.
It is indeed true that both Shi'ites and Sunnis are currently
at each other's throats; but we know who is in power, as well
as who is in the minority, and who will thus lose in the
end; so when all is said and done, I think a lot of people
will agree that we have witnessed ethnic cleansing in Iraq.

As I stated a moment ago, the reason why the United States
accepted Libya back into its fold, even though they deny it,
is because it needs her oil. What made this become necessary?
Quite simply, the Bush administration had a major falling out
with Hugo Chávez, who is the outspoken president of Venezuela.
Some of you have undoubtedly read about this in the news. The
U.S.A. has followed her standard modus operandi, and has gone
to great lengths to vilify Chávez before the world. Venezuela
is one of the founding members of OPEC. She has also been one
of America's major oil suppliers; so it is only logical that
if that provider is in danger of being lost, America has to
find another reliable replacement. Thus, fellow OPEC member,
Libya, has been chosen. Why may Venezuela be lost? Keep on
reading, and you'll surely find out.

For your personal knowledge, the current members of OPEC, or
"Organization of the Petroleum Exporting Countries", are the
following: Saudi Arabia, Iran, Iraq, Kuwait, Venezuela, the
United Arab Emirates, Algeria, Nigeria, Angola, Libya, Qatar
and Indonesia. Former members, Ecuador and Gabon, would like
to rejoin OPEC, and the countries of Syria, Sudan, Bolivia
and Mexico are potential future members. According to online
sources, OPEC member nations hold about two-thirds of the
world's oil reserves, which is a lot oil. According to 2005
figures, they also accounted for 41.7% of the world's oil
production. So you can see why when OPEC talks, everyone
sits up and listens. Some nations, like the United States,
like to downplay OPEC's overall importance in the scheme of
things, but don't let them fool you. If OPEC nations were to
severely reduce their oil output, or raise their prices to
a significant degree, the whole world would feel it; maybe
not as much as during the 1973 Oil Embargo, but still, a lot.

This brings us to another point which you may find rather
interesting. As we have already seen, America's strategy has
been to forcefully remove from power, in whatever way may be
necessary, any world leader who chooses to sell their oil in
Euros, or who refuses to support the U.S. dollar by buying
their oil reserves in U.S. dollars, instead of in Euros. In
her aforementioned article, Dr. Ebron makes a brief comment
about Venezuela. Guess what she says? Consider this:

----- Begin Quote -----

"U.S. interests in South America, despite the failure of the
coup in Venezuela (an OPEC member), are being secured via
military aid to neighboring Columbia."

----- End Quote -----

As I have mentioned a number of times before to my readers,
when the U.S.A. becomes dissatisfied with a particular world
leader, she doesn't always go in personally and remove that
person through military force. Quite often, she will get her
underdogs to do it for her. She will foment civil unrest and
revolution in a nation; she will attack its economy; she will
do whatever is needed to destabilize the government of that
country, until its undesirable leader falls. She will even
covertly send in CIA operatives and other troublemakers, in
order to mastermind a coup. Are you getting the picture? As
Dr. Ebron briefly mentioned, in April of 2002, a failed coup
attempt occurred in Venezuela. During the coup, Venezuela's
leader, Hugo Chávez, was briefly removed from power, but was
shortly restored.

You obviously already know what superpower has a long history
of clandestinely meddling in the affairs of Latin America. On
a number of occasions, their schemes have come to light and
embarrassed the leader of that nation. Shortly after the coup
in Venezuela occurred, it was widely reported that the Bush
administration had been linked to the overthrow attempt. The
Observer of London had this to say regarding the incident in
an April 2002 article entitled "Venezuela Coup Linked To
Bush Team":

----- Begin Quote -----

The failed coup in Venezuela was closely tied to senior
officials in the US government, The Observer has established.
They have long histories in the 'dirty wars' of the 1980s,
and links to death squads working in Central America at that

Washington's involvement in the turbulent events that briefly
removed left-wing leader Hugo Chavez from power last weekend
resurrects fears about US ambitions in the hemisphere.

It also also deepens doubts about policy in the region being
made by appointees to the Bush administration, all of whom
owe their careers to serving in the dirty wars under
President Reagan.

One of them, Elliot Abrams, who gave a nod to the attempted
Venezuelan coup, has a conviction for misleading Congress
over the infamous Iran-Contra affair.

The Bush administration has tried to distance itself from
the coup. It immediately endorsed the new government under
businessman Pedro Carmona. But the coup was sent dramatically
into reverse after 48 hours.

Now officials at the Organisation of American States and
other diplomatic sources, talking to The Observer, assert
that the US administration was not only aware the coup was
about to take place, but had sanctioned it, presuming it to
be destined for success.

----- End Quote -----

This is the kind of aggressive American leadership that the
world is now forced to deal with. Regime change is obviously
an integral part of American strategy, whenever it deems it
necessary, with no regard for the sovereignty of any nation.
As leaders such as Slobodan Milosevic, Saddam Hussein, Hugo
Chávez, Kim Jong Il and many others have learned, no one is
immune to the long arm of American Imperialism.

While the American Government will sometimes resort to more
overt means in order to push its weight around in another
country, this isn't always necessary. As we've already seen,
this is due to the power of the US dollar, and the hold that
it has on so many countries. The truth is, that through the
financial institutions which it controls, e.g. WB, IMF, the
U.S. already controls a large portion of Latin America. You
will recall the story I shared earlier regarding Ecuador. She
isn't the only Latin American country who has become a slave
of the International Monetary Fund and the World Bank; but
some nations, like Venezuela, do fight back.

As I was reading the article concerning the reconciliation
between the United States and Libya, I really had to laugh,
because while praising Colonel Qaddafi and Libya, and even
letting us know that Libya has now been removed from their
list of state sponsors of terrorism, the US Administration
used this event as a vehicle to also preach at and condemn
Venezuela, Iran and North Korea. With the heading of "U.S.
Will Restore Diplomatic Links With The Libyans", the May 16,
2006 New York Times article stated among other things:

----- Begin Quotes -----

"Libya is an important model as nations around the world
press for changes in behavior by the Iranian and North
Korean regimes," Secretary of State Condoleezza Rice said.
Hers was just one of several similar statements on Monday
from senior officials who worked hard to turn Libya's change
in behavior into a lesson for Iran as a resolution on Iran's
nuclear development program remains stalled in the United
Nations Security Council."

"While lifting sanctions on Libya, the United States on
Monday listed Venezuela as a country that is not cooperating
on terrorism. The State Department said the Venezuelan
president, Hugo Chávez, had given oratorical support to Iran
and to the Iraqi insurgency and had provided aid to
insurgents involved in drug trafficking in Colombia."

"Nobody is saying that Venezuela is actively sponsoring
terrorism," said a State Department official speaking on
condition of anonymity under department rules. "But
Venezuela has clearly shown a lack of interest in working
with us in combating it."

"The listing of Venezuela means that the United States
cannot sell it military equipment, but the officials said
such sales are negligible now."

----- End Quotes -----

Okay, do you realize what you just read? Do you understand
why the US Government mentions Venezuela in the article? If
not, let me tell you. They are using the very same strategy
that we have been discussing throughout this series. That
article is purposely meant to brainwash the American public,
and plant in their minds, a connection between Venezuela and
terrorism, plain and simple. Do you see how subtle they are
being? "Oh, we're not saying that Venezuela is a terrorist
nation; we're just saying that Hugo Chávez isn't helping us
to combat terrorism". You see, that is enough. That is all
that they have to do. Rumor, speculation and imagination
will do the rest of the work for them. They have planted the
suggestion in people's heads; and now, before long, a lot of
Americans, when they hear the name Hugo Chávez or Venezuela,
are going to equate him, and his nation, with terrorism. He
will become blacklisted, even though he has done nothing
remotely related to terrorism.

But is that really the reason why the American Government is
angry with Hugo Chávez? Is it because he is either supportive
of, or in some way connected to, terrorism? After reading so
much of this series, I hope you realize that it isn't. Well,
what is the real reason then? If you ask me, it is the very
same reason that the U.S. condemned Iraq, Iran, Afghanistan
and North Korea. It is all about OPEC oil, and who is buying
or selling oil in dollars or Euros. In this case, you already
know that Venezuela is an OPEC member nation; and in fact, a
founding member; which means that it has some say regarding
OPEC pricing and exportation policies. We have also learned
that together with Iran, Venezuela has been pushing for the
world to adopt the Euro as its new currency reserve, instead
of the dollar. The following excerpts, taken from a BBS news
article, dated Dec. 22, 2006 and entitled "Venezuela Mulls
Euro Oil Switch", confirms what Hal Lindsey stated earlier:

----- Begin Quotes -----

"Venezuela has expressed interest in an Iranian move to ask
buyers to pay for oil in euros rather than US dollars . . .
The oil-rich nation said it planned to see if a similar
scheme could be introduced to its crude exports . . . Iran,
the world's fourth-biggest oil producer, has already asked
customers to pay for its oil in euros because of the current
weakness of the dollar . . . Although the dollar is the
currency in which oil is usually traded, it has been falling
in value against the euro . . . The US currency tumbled to
20-month lows against the single European currency earlier
this month . . . Iran still prices its oil in dollars, but
currently receives payment for 57% of its crude exports in
euros, according to the National Iranian Oil Company . . .
Venezuela's energy minister Rafael Ramirez described the
Iranian scheme as 'very interesting'."

----- End Quotes -----

The Bloomberg news site also provides us with some pertinent
information regarding this same issue. In fact, it expands,
and states that oil producers from the United Arab Emirates
to Indonesia, and even Russia, are likewise in the process
of switching to a Euro-based economy, instead of one based
upon the US dollar. Consider the following information from
a December 18, 2006 article called "Venezuela, Oil Producers
Buy Euro as Dollar, Oil Fall". Please also notice that Hugo
Chávez first proposed the Euro switch at an OPEC meeting
this past June. That is why the U.S. Government has been
bad-mouthing him so much in the American press in recent

----- Begin Quotes -----

Venezuelan leader Hugo Chávez is directing a growing share
of the country's oil profits into euros as the dollar and
crude prices fall.

The dollar, down 9.5 percent against the euro this year, may
face more pressure in 2007 because Venezuela and oil
producers from the United Arab Emirates to Indonesia plan to
funnel more money into the single European currency.

Bank Indonesia is boosting euro holdings, said Senior Deputy
Governor Miranda S Goeltom in a Dec. 13 interview in
Jakarta. Indonesia has $39.9 billion in reserves. Sultan Bin
Nasser al- Suwaidi, the governor of the Central Bank of the
UAE, last month said he was considering when to shift as
much as 8 percent of the nation's $24.9 billion in reserves
into euros.

The share of foreign-exchange deposits held in dollars by
OPEC members and Russia, the largest non-OPEC oil exporter,
fell to a two-year low of 65 percent during the second
quarter, from 67 percent during the previous three months,
Bank for International Settlements figures released last
week show.

Chávez called on OPEC to sell oil denominated in euros
rather than dollars at a meeting of the group in Caracas on
June 1, supporting a proposal made by Iran.

OPEC members and Russia increased the percentage of their
foreign-exchange deposits held in euros to 22 percent in the
second quarter from 20 percent, the BIS said. By contrast,
the global average is about a third, according to the Basel,
Switzerland-based bank.

Oil states will probably buy the European currency at a
faster rate to bring their reserves closer in line with
other nations, according to David Durrant at Julius Baer
Investment Management in New York.

----- End Quotes -----

So to reiterate, the primary reason why the United States has
been bad-mouthing Hugo Chávez, and trying to make him appear
as a friend of terrorists, is because not only does he have
tons of oil, a lot of which is imported by the U.S., but he
is also now demanding that he be paid for it in Euros, instead
of dollars. Furthermore, he is in the forefront of the move to
encourage other nations to also adopt the Euro as the currency
reserve of the oil markets. The Bush Administration's hatred
of Chávez has absolutely nothing to do with real WMD, or real
terrorism. It is a blatant lie, and they know it. Following
are some more quotes from Lindsey's article which explains
in clear terms, exactly how powerful Chávez is becoming, as
a result of Venezuela's oil reserves:

----- Begin Quote -----

"I believe oil is being used in this same overall strategy
against America. Last October, OPEC agreed to reduce
production to keep oil prices up near $60 per barrel. The
price was suggested by Hugo Chavez after consultation with
his friends in Tehran and Moscow and accepted by OPEC."

"With that one brilliant maneuver, Chavez cornered the
global oil market. Venezuela has vast deposits of heavy oil
in the Orinoco, but heavy oil is expensive to extract and
refine at free-market prices. However, at $60 per barrel,
the Orinoco reserves give Venezuela the largest proven oil
reserves in the world."

"Not just larger than the vast reserves of Iran or Saudi
Arabia, it is larger than both of them put together. In
fact, it is bigger than all the proven oil reserves in the
Middle East combined. Venezuela's deposits alone could
extend the oil age for another 100 years."

"Hugo Chavez is raking in some $200 million a day in oil
sales, most of it from the United States. If Chavez demands
payment in euros, it will throw the whole U.S. economy into
a crisis."

"Amazingly, Hugo Chavez has now become the go-to guy for all
of OPEC. He's held audience with every oil sheik and
dictator in the Middle East, including our "friends" the
Saudis and Kuwaitis. With the recent re-election of Chavez,
the U.S. is ringed by five of the most virulently
anti-American leftist regimes in Latin America."

----- End Quote -----

By now, I hope you can see how the United States of America
has used its so-called "War Against Terrorism" to cloak what
it is really doing around the world. When you see it vilify
a nation or leader, you really need to ask yourself why it
is doing it. Is it really for the stated reasons? Let me
give you one more clear example, so you can see again how
obvious this pattern is. As you are already aware, in his
State Of the Union Address in January of 2002, President
Bush referred to Iran, Iraq and North Korea as the "Axis of
Evil". Are you aware of the fact that there is actually an
appended list which people refer to as the "Beyond The Axis
Of Evil" list? This expanded list receives its name from a
speech that US Under Secretary of State, John Bolton, gave
in May of 2002 which was entitled "Beyond The Axis Of Evil".
Following are some excerpts from a news article which was
published by the BBC on May 6, 2002:

----- Begin Quotes -----

The United States has added Cuba, Libya and Syria to the
nations it claims are deliberately seeking to obtain
chemical or biological weapons.

In a speech entitled "Beyond the Axis of Evil", US Under
Secretary of State, John Bolton said that the three nations
could be grouped with other so-called "rogue states" - Iraq,
Iran and North Korea - in actively attempting to develop
weapons of mass destruction.

He also warned that the US would take action.

"America is determined to prevent the next wave of terror,"
he said, referring to the 11 September attacks in Washington
and New York that killed up to 3,000 people.

"States that sponsor terror and pursue WMD (weapons of mass
destruction) must stop. States that renounce terror and
abandon WMD can become part of our effort, but those that do
not can expect to become our targets," he said.

----- End Quotes -----

Boy, their list just keeps getting bigger and bigger! This
news is from 2002, so please don't forget that Libya made
its alleged turnaround in 2003, and is now buddy-buddy with
the USA again. Cuba is still on the U.S.'s bad guy list, but
that may change in the not too distant future; being as Fidel
Castro has been very sick, some say near death, and may not
last much longer. Even if his brother Raul takes over when
Fidel dies, Raul isn't exactly young, and can't last much
longer either; so there may possibly be a bright future for
the people of Cuba soon. But here is the interesting point
about Cuba. Guess where she buys here oil; from her good old
friend Hugo Chávez of Venezuela; the very same man who has
been pushing for the dollar to Euro switch.

Let's look at the last country on the so-called "Beyond The
Axis Of Evil" list compiled by the US: Syria. Currently, she
is not a member of OPEC; however, Syria still needs to make
financial decisions regarding its imports and exports. As
with the other nations we have looked at, the U.S.A. has
been bad-mouthing Syria for years now. However, since 2002,
just like Iraq, Iran, and North Korea, it is now accused
of making attempts to acquire Weapons of Mass Destruction.
By now, I suppose you already know what I am going to say
next, so let me just give you the facts. Yes, folks, Syria
is also converting its economy to the Euro. Actually, Syria
made this decision sometime last year. In a news article I
found on the "Gold Anti-Trust Action Committee" website",
dated July 11, 2006, it also mentions that Russia, Finland
Sweden, Kuwait, Qatar and the United Arab Emirates are also
converting their economies to the Euro as well. Following
are a few quotes from the article entitled "Syria Moves
Reserves To Euros And Will End Dollar Peg This Year":

----- Begin Quotes -----

Syria, accused by the U.S. of supporting terrorism, plans to
end its currency peg to the dollar by December to reflect
closer trade ties with Europe, central bank Governor Adib
Mayaleh said.

The Central Bank of Syria has already converted half its
foreign-exchange reserves to euros, Mayaleh said in a
telephone interview from Damascus, without being more

"We want to have a currency peg that will reflect our
external trade," Mayaleh said yesterday. The European Union
is Syria's largest trading partner, taking half of its
exports, he said. Italy and France are the biggest
destinations for Syrian goods abroad, according to data
published by the CIA fact book.

Central bankers from Kuwait, Qatar, the United Arab
Emirates, Russia, Sweden, and Finland have this year
indicated they aim to diversify their reserves away from the

The Syrian government is "studying options" with regard to
ending the dollar peg, Abdallah Dardari, the country's
deputy prime minister for economic affairs, told reporters
on the sidelines of a conference in Damascus on June 10.

----- End Quotes -----

⇒ Go To The Next Part . . .

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