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Thread: Was Iraq a setup?

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  1. #14
    Patience Pays...
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    Quote Originally Posted by 0p7!mu5
    of this being tied to switching to euro's i dont see the reason. I think there is more to it than that. Why wait that long to go in?
    Opportunity was not there initially, it came quick after 9/11. Understand those that claim oil prices still rose, this Euro theory was never about keeping gas prices down and to understand it you have to look deeper than the surface.

    If all oil sold by OPEC and across the globe is denominated in Dollars what happens when a major supplier switches currency? With even a high school diploma you should be able to answer that question. The value of the Dollar has become so dependent on oil that it is critical to keep the system as it is.

    Have you heard any woes about the Dollar since gas has gone above $3.60 a gallon? Didn't think so..

    For people who say "Well the Dollar has still risen" Again, theories require thought, inflation in our country is happening because of fiscal irresponsibility. Our spending in Iraq, $600 Billion.. this wasnt the plan. The plan was go into Iraq, take the leadership out in a matter of months at the MOST and put in a transition government, that didn't happen obviously.

    Tie that with the crash of the stock market and the lowered interest rates for years THEN the crash of the housing market and you have inflation at the rate we have it. It would have been worse had Iraq's oil stayed in Euros, matter of fact the Euro was relatively weak until Saddam switched their reserves.
    Last edited by tony; 05-31-2008 at 09:23 AM.

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