The US and OPEC are looting all countries. This was one of the main reasons why the US got involved in Iraq. Iraq under Saddam Hussain, started converting Iraq%u2019s Forex reserve into EURO. This was THE threat to US, and not any WMD. US deficit economy is being boosted by regular and continual supply of Petro-Dollar.
The rulers of the middle east countries very well knows that till they side with US and keeping boosting the US economy, they have nothing to fear, democracy or no-democracy, atrocities or no- atrocities. The US of course can not dump these rulers and risk an economic collapse.
Iran, does not toe the line and seems outside the control of US. The biggest threat to US is not the Nuke but Petro-dollar. To be precise absence of petro-dollar. So we should not be surprised if Iran and Venezuela comes under US pressures , even military intervention, to protect US economy. In near future, as Russia becomes more stronger, and starts aserting itself, we might see conflicts between US and Russia.
As on now, it is a win-win situation for US and the OPEC. The OPEC loots the world with high crude price and parks it with US ( the global Cop ). The global cop sends its soldiers and fighters to any country that challenges it%u2019s Economy , directly or in-directly. And control other countries with the carrot %u2013 aid.
The cost of production of one barrel of crude by Saudi Arabia is USD15. However, the selling price is USD120/ barrel ( today ).
RE:The BIG loot by US & it's cronies
by Bharat Kumar on Apr 30, 2008 11:05 AM Permalink
Continued .... The non- OPEC world can get out of the vicious cycle, only when they convert their Forex to a basket of currencies other than US Dollars.
Till this happens, guys, keep paying for petrol through your nose...
RE:RE:The BIG loot by US & it's cronies
by sibby mathews on May 01, 2008 10:50 AM Permalink
Very well presented.
But how many numbskulls who can see the world only through the tired Hindu-Muslim make believe perspective will understand this ? Some of them are genuinely surprised that there are matters that they cannot in any way align with their Hindu-Muslim-Christian channel of seeing things.
Its a fact that US is collapsing. For that you need no endorsing form Ahamedinejad. Its been predicted in Biblethat before the end of the world,the last world empire(USA) would collapse. This is ought to happen as per the Bible prophecy. No one can stop it. The next thing that would happen after the market collapse,recession and downfall of US economy is the Nuke attack on various cities of USA on a Single day by the Islami terrorists . This is also predicted in the Bible. Please read the last book of 'Revelation' by St. John in the Bible. The USA is refered as the 'mysterious Babylon' in this book. The term Babyon referes to a state or power involved in all sorts of illegal,illicit activities and a morally degraded society. In todays scenatrio tis term is applicable to the USA. Its just sooner or later that the dooms is awaiting the USA.
RE:RE:Its Already predicted!!!!!!
by Anil L. Siqueira on Apr 30, 2008 11:28 AM Permalink
Don't talk rot. Such things have been said of many kingdoms in the past.
Iranian President Mahmoud Ahmedinejad is a hero. What he said is very true. Whats the need of USA to interfere in other countries business. He said a spade a spade. USA only see their own gain. When 911 happened, then invaded Afganistan.Why? Because some terrorists brought down the twin tower which resulted in few loss of life. In India so many people die in one month and its continuing since 1980's. Have they ever shown any concerned? Have they ever put pressure on Pakistan. No!!! Now they too don't have any reason to preach India because IPI is in India's interest.
RE:Hero!!!
by Lucky B on Apr 30, 2008 11:00 AM Permalink
He may be hero or zero, I don't care. Whatever he wants to say about "others", he choose the wrong platform. He even doesn't understand basic principal of host.
last year ahmanijad went to usa and spit venom in an american university in new york. now he comes to india and does the same thing. Its becoz people in these two countries are civilised that is why this moron ahmanijad is taking advantage. india must be cautious in future of whom they invite to their soil. ahmanijad may come and go, but our relationship with important countries of the world may take severe if such people use our soil to spread hatred and expand their own international agendas
RE:Civilised
by Meh on Apr 30, 2008 04:16 PM Permalink
US is the most uncivilized country and its foriegn policy says it all. Imagine president bush lied 326 times (quote New york Times) on iraq, itself shows the kind of leaders they have. US is a mogrel civilization considering the great old civilizational ties between India and Iran which dates back to 3000 years. when the europeans used to live in caves.....
RE:Civilised
by Sachin on Apr 30, 2008 09:35 AM Permalink
Probably you want to remember only that part of the conference where Ahmedejinad spoke about US. You don't even remember that the Head of the University, of that "great civilized" nation, introduced Ahmd. as a cruel dictator and Ahmd. was the chielf guest of that conference!! All for being civilized, but I guess you won't mind that!!
Except for Pakistan which, however, could ill afford owing to its own imminent dependence and Saudi because of its affluence,all other Muslim countries are in the habit of cursing and wishfully thinking of worst for USA forgetting the fact that USA had earlier too witnessed recessions and sustained them only to rise up amazingly.This is what exactly is going to be repeated-may be a bit slowly owing to the latter's spending on wars.US economists are the intellectuals of the highest order who would never allow the situation to drip further.They will be ten steps ahead when all others walk a step.Nature is very bountiful to them and it had such a treasure of natural resources which is the biggest boon for any country that recovery from any of such depressions in economy would only prove as a passing phase.In fact,because of fall in dollar value,many countries including India which advanced in leaps and bounds in IT sector are feeling suffocative owing to decline in their margins in respect of its exports. Dollar is not just a paper published as Iran alleges;it has come to stay as the weighing/ measuring unit for all international transactions and would continue so.what does Iran's head mean by"pure people should be allowed to rule the world"-whether by Muslim countries?
RE:Us economy is sure to pick up
by Siddhartha Sanghi on Apr 30, 2008 08:06 AM Permalink
exactly right... completely agree with you... usa is surely going to pick up... iran should be cautious because i believe that the next iraq is iran... iran should look at their country before even looking towards the us... usa is much better than any muslim country... anytime...
RE:Us economy is sure to pick up
by Nostra Damus on Apr 30, 2008 04:04 PM Permalink
The US will break the back of commies like the way it destroyed communism in USSR. Mr. Ahmedinejad should not have abused USA from Indian soil. It is a pity the Congress chamchas did not say anything.
balaord Maybe, we got to rest religion in peace. This is where some nations keeps religion and governance separate. Though the election of Bush had lot to do with south biblical belt and it hurt USA.
Separation of religion and state, this is how we can forge a better Asia.
RE:balaord, just leave history/religion and that is how things will work out
by deepak on Apr 30, 2008 09:56 AM Permalink
DS you should work on neutralizing Islam..separation of Islam and state is the crying need of the day...all other nations are doing fine, its Islam thats messing up the world.
