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THE F.William Engdahl Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Re: A high-risk game of nuclear chicken - F. William Engdahl

Postby Kickinthegob » Sun 05 Mar 2006, 06:50:34

$this->bbcode_second_pass_quote('', 'I')ran like India and Pakistan, is permitted to develop a small arsenal of nuclear weapons as a deterrent to the growing military threat in its area posed by the United States from Afghanistan to Iraq to the Emirates, as well as by Israel’s nuclear force - Engdahl

This appears to be the only sane solution. It's not like they are going to be making nukes tomorrow like the neocons in the US and Israel would like everybody to believe.
$this->bbcode_second_pass_quote('', 'W')ere the Bush-Cheney-Rumsfeld axis to risk launching a nuclear strike on Iran, given the geopolitical context, it would mark a point of no return in international relations. Even with sagging popularity, the White House knows this. The danger of the initial strategy of pre-emptive wars is that, as now, when someone like Iran calls the US bluff with a formidable response potential, the US is left with little option but to launch the unthinkable-nuclear strike.

A US pre-emptive nuclear strike to defend Israel would raise the issue of what the military agreements between Tel Aviv and Washington actually encompass, a subject which neither the Bush Administration nor its predecessors have seen fit to inform the American public about. - Engdahl

The unthinkable. Or for that matter Israel deciding to start WW3 unilaterally. Kind of a sick and twisted arrangement when you consider a handful of lunatics could scorch the earth and even worse when they openly make the threat. Apparently France now has a preemptive nuclear strike plan too! In all the excitement makes you forget that this is all about the war on terror.
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Calculating the Risk of War in Iran - F. William Engdahl

Postby Carlhole » Sun 05 Mar 2006, 10:43:06

Calculating the Risk of War in Iran
$this->bbcode_second_pass_quote('Current Concerns', 'I')n the past weeks media reports have speculated that Washington is “thinking the unthinkable,” namely, an aggressive, pre-emptive nuclear bombardment of Iran, by either the United States or Israel, to destroy or render useless the deep underground Iranian nuclear facilities.
The possibility of war against Iran presents a geo-strategic and geopolitical problem of far more complexity than the bombing and occupation of Iraq. And Iraq has proven complicated enough for the United States. Below we try to identify some of the main motives of the main actors in the new drama and the outlook for possible war.
The dramatis personae include the Bush Administration, most especially the Cheney-led neo-conservative hawks in control now of not only the Pentagon, but also the CIA, the UN Ambassadorship and a growing part of the State Department planning bureaucracy under Condi Rice. It includes Iran, under the new and outspoken President Mahmoud Ahmadinejad. It includes Putin’s Russia, a nuclear-armed veto member of the UN Security Council. It includes a nuclear-armed Israel, whose acting Prime Minister, Ehud Olmert, recently declared that Israel could “under no circumstances” allow Iranian development of nuclear weapons “that can threaten our existence.” It includes the EU, especially Security Council Permanent Member, France and the weakening President Chirac. It includes China, whose dependence on Iranian oil and potentially natural gas is large.

Each of these actors has differing agendas and different goals, making the issue of Iran one of the most complex in recent international politics. What’s going on here? Is a nuclear war, with all that implies for the global financial and political stability, imminent? What are the possible and even probable outcomes?


Iran’s Oil Bourse a Casus Belli?
$this->bbcode_second_pass_quote('Current Concerns', 'T')here has been considerable discussion especially in internet reports of late that the soon-to-open Teheran Oil Trading Bourse, due to open sometime this March, is perhaps the real reason Washington is preparing to launch military action against Iran. The argument is that by offering oil buyers a chance to trade oil in currencies other than dollars, the US dollar, the financial pillar of the American empire, would crumble and, with it, American global hegemony. This argument, as compelling as it might seem, is fundamentally flawed. The only currency potentially able to challenge the dollar as the preferred currency of world trade in oil is of course the Euro.

Assuming, for sake of argument, that suddenly, China, Japan, India, East Asia and the countries of the EU were to trade oil for euros, just as Saddam Hussein did after November 2000 with Iraqi oil-for-food, the trade would quickly hit a wall in the form of a limited supply of Euros on international currency markets. The limit here is the European Central Bank and its Maastricht Treaty. Under Maastricht, the ECB is mandated to keep a strict monetary limit on euros in circulation and to help enforce national debt discipline to limit government debt. So long as this state of affairs remains within the ECB, one very friendly to banks holding euro-denominated debt securities, there will be no successful challenge to the role of the dollar. But it is even more complex. The role of the dollar as reserve currency for world trade and central banks is fundamentally a political one. It is a political decision by the Japanese to support the US dollar partly in return for the US nuclear umbrella defense. The same for Saudi Arabia. The governments and business leaders of the European Union are so intimately tied into a network of dependency on the dollar world that there is cold fear to do anything to offend Washington or the dollar.
Last edited by Ferretlover on Thu 19 Feb 2009, 11:11:32, edited 1 time in total.
Reason: Merged with THE F. William Engdahl Thread.
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Re: Calculating the Risk of War in Iran - F. William Engdahl

Postby rogerhb » Sun 05 Mar 2006, 16:39:01

$this->bbcode_second_pass_quote('', ' ')Under Maastricht, the ECB is mandated to keep a strict monetary limit on euros in circulation


Under the 'laws of supply and demand' then, as far as I understand it, euros should raise in value and the price of oil in Euros would fall. The dollar would then lower against the euro.

Are you saying the banks can not magic them out of thin air with loans?
"Complex problems have simple, easy to understand, wrong answers." - Henry Louis Mencken
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Re: Calculating the Risk of War in Iran - F. William Engdahl

Postby pogoliamo » Sun 05 Mar 2006, 16:59:08

$this->bbcode_second_pass_quote('rogerhb', '
')Are you saying the banks can not magic them out of thin air with loans?


There is a limit imposed by ECB of the debt levels and fiscal policies hold in EU countries by warnings and sanctions against those who not comply.
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Re: Calculating the Risk of War in Iran - F. William Engdahl

Postby deconstructionist » Tue 14 Mar 2006, 14:17:43

I just read "Iran’s Oil Bourse a Casus Belli?"

Hey William (petrodollar) -- you source Engdahl extensively in your writing. Doesn't this article by him directly contradict your writings?
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Re: Calculating the Risk of War in Iran - F. William Engdahl

Postby Petrodollar » Tue 14 Mar 2006, 16:18:31

Thanks for the heads-up. I admire Engdahl's work a lot, and he wrote a nice endorsement of my book.

$this->bbcode_second_pass_quote('', '[')i]Petrodollar Warfare by William Clark is an important contribution to the question what the Iraq war was and is all about. Clark links the emerging Euro currency to Iraq’s pricing of its oil as one significant factor leading to Washington’s decision to topple Saddam Hussein. It might be open for argument whether a ‘Petroeuro’ as a replacement for the ‘Petrodollar’ is likely or not, given the many divisions within the European Union. But Clark’s thorough documentation of the discussion, notably plans for an Iranian Oil Bourse to counter NYMEX and the London IPE, provides a useful basis for further thinking about one of the vital strategic issues of today. Clark also extensively treats the issue of Peak Oil, or global depletion, as a major unspoken factor in the US oil agenda. This book is definitely worth careful reading.

— F. William Engdahl, author of A Century of War: Anglo-American Oil Politics and the New World Order


Engdahl's latest writing does not contradict my research, but he does mention an issue that warrants some elaboration. (He and I agree on the China/Russia/Iran energy issues, etc.) The question about the total supply of euros by the ECB is legitimate, but with a important caveat. The decision to increase the euro's money supply is also merely a political decision - just as Japan's decision to prop up the US dollar.

It is true that the ECB has a staunch anti-inflationary bias, but international oil transactions do not result in inflation pressures if those euros are being used outside the eurozone for oil sales. That is percisely what the US does - it exports its inflation, but unlike the EU, the US runs huge trade deficits. To suggest that the euro money supply can not be raised therefore the Kish International oil bourse can not function sets up a false dilemma.

On edit: Here's clarification about the ECB's position on petroeuros. In Oct 2003 the former/late head of the ECB, and person often regarded as one of the euro currency's "founding fathers" - William Duisenberg said that pricing oil in euro's is "sensible" for certain EU customers. As far as I know, both the EU Parliament and ECB have stated their desires for petroeuro-based pricing - especially from Russia (fyi: Moscow's central bank has conducted feasibility studies and determined a switch would be a net benefit to Russia - so it is indeed "sensible" from a monetary& economic perspective - but not from a geopolitical perspective)

http://www.gasandoil.com/goc/news/nte34420.htm

$this->bbcode_second_pass_quote('', '[')b]European Central Bank believes pricing oil in euros is sensible

14-10-03 European Central Bank (ECB)President William Duisenberg said that it might make sense for Russia to sell oil in euros to certain EU customers, entering a debate sparked that has big implications for currency markets. Asked to comment on remarks by President Vladimir Putin that he did not rule out switching Russia's oil pricing from dollars to euros, Duisenberg said this could particularly suit the nations currently lining up to join the common currency block.

"It would be in their interest to pay for imports in their future domestic currencies," he told. "We are worried about the situation in countries that depend on imports of oil from Russia," he was quoted as saying. The agency also cited him as saying, however, that if Russia made a move to the euro it would be a unilateral decision.

Russia is the world's second-largest exporter of oil after Saudi Arabia and the world's top gas exporter. A switch would be a powerful symbolic victory for the euro and might accelerate its growing role as an international reserve currency to challenge the dominance of the dollar.


...and here is what I reiterate in my book:

$this->bbcode_second_pass_quote('', '[')b]European leaders have campaigned since the single currency's 1999 launch for more of the world's most traded commodity to be priced in euros. Putin made his remarks during an official visit by German Chancellor Gerhard Schroeder. The talk prompted by Putin's statement further, saying Schroeder had actually "secured" an agreement with Putin on making the switch.

Europeans want more central banks to hold euros as a permanent investment because this would create massive demand for assets like European government bonds, underpinning lower long-term interest rates and investment. But economists warn that it would also press the euro higher against the dollar and make exports more expensive on world markets, potentially thwarting the block's economic recovery.


{note: the ECB has also stated that 1.4 to 1 euro/dollar rate is acceptable - meaning that the EU can tolerate a more appreciated currency if it facilitates the euro becoming an alternative world reserve currency}

I should hasten to note that the trade volumes on the proposed oil bourse are not likely to be massive at the beginning of operations. This is where all those who state a "dollar crash" is imminent are wrong (which includes both proponents and detractors of this issue). What is does mean is that the ability of the Federal Reserve to effortlessly increase the money supply by issuing US T-Bills that are soaked up the world community will begin to wane. The ability to fund the twin deficits with a single digit overnight lending/interest rate will also wane.

Of course the disapperance of the M3 statistic this month will serve to hide potential changes in global dollar holdings...but I digress the issue that perhaps I should have better explained in last year's essay.

Here's what Iran stated in Jan 2006, suggesting the bourse will be operational this year (delayed by several months according to the latest news as Kish needs additional "experienced agents"). The bourse will have a gradual ramp-up from domestic to international oil trades:

$this->bbcode_second_pass_quote('', '"')At the meeting, Dr Asemipur, the executor of the oil exchange project, and Salehabadi, secretary-general of the country's stock exchange, spoke about the different stages and the progress of the oil exchange.... the structure has to be defined in a way in which it is not limited to Iran's 2.5m barrels of oil but should bring the oil of the regional countries into the exchange and to present up to a ceiling of 25m barrels."

Also on 17 January, Jam-e Jam newspaper quoted Kamal Daneshyar, the chairman of the Majlis Energy Committee, as saying: "At meetings held with Oil Ministry officials, it was decided that the first phase of the oil exchange will become operational within three months. In the first phase, the oil exchange will operate on a short-term basis, but, in the second phase, the exchange will become international and its activities will become very extensive."


As for the "transactional" issue that Mr. Cook mentioned, that has been deconstructed on previous threads and their is no need to re-hash the flaws in that one-dimensional perspective. (i.e currency risk, associated petrol-taxation issues, the dollar's liqudity value. etc.)

Remember, the entire euro project was designed to establish the euro currency as an alternative world reserve currency. This was/is understood by both the US and EU elites in the late 1990s. Two examples:

$this->bbcode_second_pass_quote('', 'T')he monetary integration of Europe could alter ‘the political character of Europe in ways that could lead to confrontation with the United States’ …. and could lead to a world that was ‘very different and not necessarily a safer place.’
— Martin Feldstein, former head of the President’s Council of Economic Advisors, 1997


Americans do not yet understand the significance of the euro, but when they do it could set up a monumental conflict, it will change the whole world situation so that the United States can no longer call all the shots.
— Helmut Schmidt, former German Chancellor, 1997


However, the euro's role as an alternative world reserve currency can not take place until the world's most valuable commodity is priced in the euro - oil. This is where the dollar's weakness is being exposed - commodity pricing - and nothing effects national economies more than oil prices. I think this article is a nice synopsis of the issues:

Dollar may lose its reserve status (Feb 2005)
http://archives.tcm.ie/businesspost/200 ... ry2097.asp

Additionally, the EU has been quite open in its desire to eliminate its currency risk for imported oil - which de facto requires euro-denominated pricing - and it has been public EU policy to seek that arrangement for the last 5 years. Here's an example:

$this->bbcode_second_pass_quote('', '[')b]The European Parliament … calls on the EU, in dialogue with the OPEC and non-OPEC countries, to prepare the way for payment for oil in euros.

— European Parliament resolution on the Communication from the Commission on the European Union’s oil supply, June 14, 2001

Reference:
European Parliament resolution on the Communication from the Commission on the European Union’s oil supply, COM(2000) 631 - C5-0739/2000 - 2000/2335(COS), June 14, 2001, http://www.europarl.eu.int/plenary/default_en.htm. Click on “words in title or text” under “Texts adopted by Parliament,” and search for “oil supply.”

OPEC responded to the EU's request in 2002 by stating that it would consider conducting oil transactions in the euro if certain conditions were met. Javad Yarjani, the Head of OPEC’s Petroleum Market Analysis Department, stated in speech to Spanish officials in April 2002:

$this->bbcode_second_pass_quote('', 'T')he question that comes to mind is whether the euro will establish itself in world financial markets, thus challenging the supremacy of the US dollar, and consequently trigger a change in the dollar's dominance in oil markets. As we all know, the mighty dollar has reigned supreme since 1945 .… Having said that … in the long run the euro is not at such a disadvantage versus the dollar when one compares the relative sizes of the economies involved, especially given the EU enlargement plans.

Moreover, the Euro-zone has a bigger share of global trade than the US and while the US has a huge current account deficit, the euro area has a more, or balanced, external accounts position [sic]… looking at the statistics of crude oil exports, one notes that the Euro-zone is an even larger importer of oil and petroleum products than the US.

From the EU’s point of view, it is clear that Europe would prefer to see payments for oil shift from the dollar to the euro, which effectively removed the currency risk.

.… There is also very strong trade links between OPEC Member Countries (MCs) and the Euro-zone, with more than 45 percent of total merchandise imports of OPEC MCs coming from the countries of the Euro-zone
.…Of major importance to the ultimate success of the euro, in terms of the oil pricing, will be if Europe’s two major oil producers —– the United Kingdom and Norway join the single currency .… This might create a momentum to shift the oil pricing system to euros.

In the short-term, OPEC MCs, with possibly a few exceptions, are expected to continue to accept payment in dollars …. In the long-term, perhaps one question that comes to mind is could a dual system operate simultaneously? Could one pricing system apply to the Western Hemisphere in dollars and for the rest of the world in euros? …. Should the euro challenge the dollar in strength, which essentially could include it in the denomination of the oil bill, it could be that a system may emerge which benefits more countries in the long-term .... Time may be on your side.

The EU has also asked Russia to change the denomination of its exports to euros when the currency was launched. In 1999, the Asia Times reported:

$this->bbcode_second_pass_quote('', 'E')U leaders on Thursday made an audacious bid to lure Russia away from its reliance on the greenback, calling on Moscow to start accepting euros instead of dollars for its exports, dangling the attractive carrot of a boom in investment and trade .… Russia currently receives dollars for its European oil and gas exports, but the EU wants to switch to euros instead. A joint communiqué has been signed by both sides agreeing to discuss the issue in further detail.

This 1999 news report did not address petroeuros for oil, but subsequent articles in 2003-2005 have stated that Russia has performed the economic research and decided that euro-pricing for its oil trades is a net benefit to Russia. The fact that Russia has increased its euro holding from 5% (2000) to 35% (2005) suggests this is inevitable.

OPEC has also considered this issue, for example:

Patrick Brethour, “OPEC Mulls Move to Euro for Pricing Crude Oil,” Globe and Mail, January 12, 2004, http://www.theglobeandmail.com/servlet/ ... /Business/.

The question about money supply for the ECB is again a political one. Do the benefits of a world reserve currency and petrocurrency allow for a more flexible monetary policy? Absolutely, just ask the Federal Reserve...but the EU will still need to maintain its fiscal discipline in order to avoid the pitfalls that the US had engaged upon 30 years ago when it became excessivly reliant on OPEC's petrodollar flows to fund the US current account deficit.

As previously noted, Iran has stated that the "ceiling" of oil trades they project that could be handled by their oil bourse is 25 m/b/d. That is about 29% of the world's production. This will certianly not happen over night, but given the euro's higher valuation, it does suggests the emergence of a tri-polar arrangement with the NYMEX, IPE and KIOB each doing about 1/3 of the world's oil trading.

In the meantime, here's the threat to the US twin deficits if only 10% -nevermind 25% -of the world's oil transactions were conducted in euros...

The New Middle East Oil Boom - Business Week, March 13, 2006
By Stanley Reed

$this->bbcode_second_pass_quote('', '
')"Arab states are now major buyers of goods from Japan, China, and the rest of Asia, where they sell the bulk of thir oil. So these petrodollars get recycled as Japanese yen or Chinese yuan - which the Japanese and Chinese governments convert into U.S. Treasuries. Indirectly, then, oil money is bankrolling U.S. deficit spending. Paul Donovan, a global economist for UBS Investment Bank in London, estimates that petrodollars, mostly channeled through Asia and Europe, are funding up to 45% of the U.S. current account deficit."

Again, my research reflects what is official EU policy regarding petroeuros, and these statements have remained constant since it was formally annouced by the EU parliament almost 5 years ago. Hope that info helps.

BTW, I'm writing an updated essay this month that will reflect my latest thoughts on many of these issues, including the delay of the bourse, and the ongoing US-led hysteria over Iran's invisible/non-existant nuclear weapons program...meanwhile a country with a real nuclear program threatens a pre-emptrive launch against the US military - but the Bush/Cheney adminsitration do not seem concerned...strange isn't it?

N.Korea army threatens pre-emptive attack March 14, 2006
http://today.reuters.com/news/newsArtic ... ived=False
Last edited by Petrodollar on Thu 23 Mar 2006, 12:43:54, edited 8 times in total.
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Re: Calculating the Risk of War in Iran - F. William Engdahl

Postby gg3 » Wed 15 Mar 2006, 07:18:34

I've recently come around to the opinion that the Iran Bourse will have little effect in at least the near-term future.

Iran's extremist rhetoric, combined with the potential for UN sanctions, would tend to scare off bankers and large corporate managers. This will tend to keep the scale of the bourse small and its growth limited. That in turn creates the impression that the bourse is not succeeding as it planned. Falling short of expectations also tends to drive away money.

Speculative types who enjoy riding financial roller-coasters may try to take advantage of this situation, by getting in on the expectation of large returns. To the extent that they profit as they expect, they may generate increased interest on the part of more conservative players. But if they don't get the results they expect, they will tend to drop out also, reinforcing the sense that the bourse is not succeeding.

In the medium to long term, what I think is critical here is whether the rest of the world becomes "accustomed" to the existence of the bourse to the point where it becomes "normalized." By analogy, the Washington Times was originally greeted with serious skepticism across the political specturm due to its association with the Moonies, but over time, it has been accepted in some circles as a "conservative" (sic) voice; this I think in large part due to familiarity: a monster in the living room that doesn't bite, may eventually be accepted even if not treated as a member of the family. (The Washington Times continues to run at a substantial loss, cross-subsidized by some of Moon's more profitable ventures.)

If the world becomes "accustomed" to the existence of the Iran bourse and sees it turning in a relatively stable perception, this may offset the negatives of the Iran regime's extremist rhetoric. Whether it is sufficient to overcome any potential impact of UN sanctions remains to be seen.
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Re: Calculating the Risk of War in Iran - F. William Engdahl

Postby deconstructionist » Wed 15 Mar 2006, 10:09:16

thanks for the clarifications.
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America's Geopolitical Nightmare - F. William Engdahl

Postby Carlhole » Sun 07 May 2006, 18:09:06

America's Geopolitical Nightmare and Eurasian Strategic Energy Arrangements
$this->bbcode_second_pass_quote('GlobalResearch.ca', 'P')art I: The disintegration of the Bush Presidency
By drawing attention to Iraq and the obvious role oil plays in US policy today, the Bush-Cheney administration has done just that: They have drawn the world’s energy-deficit powers’ attention firmly to the strategic battle over energy and especially oil. This is already having consequences for the global economy in terms of $75 a barrel crude oil price levels. Now it is taking on the dimension of what one former US Defense Secretary rightly calls a ‘geopolitical nightmare’ for the United States.

The creation by Bush-Cheney-Rumsfeld and company of a geopolitical nightmare, is also the backdrop to comprehend the dramatic political shift within the US establishment in the past six months, away from the Bush Presidency. Simply put: Bush/Cheney and their band of neo-conservative warhawks, with their special relationship to the capacities of Israel in Iraq and across the Mideast, were given a chance.

The chance was to deliver on the US strategic goal of control of petroleum resources globally, in order to ensure the US role as first among equals over the next decade and beyond. Not only have they failed to ‘deliver’ that goal of US strategic dominance. They have also threatened the very basis of continued US hegemony or as the Rumsfeld Pentagon likes to term it, ‘Full Spectrum Dominance.’ The move by Bolivian President Evo Morales, following meetings with Velezuela’s Hugo Chavez and Fidel Castro, to assert national control over oil and gas resources is only the latest demonstration of the decline in US power projection....
Last edited by Ferretlover on Thu 19 Feb 2009, 11:12:59, edited 1 time in total.
Reason: Merged with THE F. William Engdahl Thread.
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Re: America's Geopolitical Nightmare - F. William Engdahl

Postby kochevnik » Sun 07 May 2006, 21:34:05

:!:

Interesting to see more and more people/leaders around the world beginning to realize the power and control that will be bestowed among those that still have oil to spare. For most of them the very best thing they could do would be to shut off the spigot and wait for prices to rise and the black oil to become even more valuable than it already is.

And that's exactly what they are doing.
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Re: America's Geopolitical Nightmare - F. William Engdahl

Postby DantesPeak » Sat 13 May 2006, 18:56:47

Even if you don't completely agree with Engdahl's conclusions, he has a great command of the facts concering our current situation.

It is troubling that the GWB is in so much trouble, and getting in deeper day by day. Like a wild cornered animal, the adminstration may strike out against Iran in the near future to divert attention from its many failures and an upcoming election disaster.

Will sanity prevail? Engdahl says realist faction will re-emerge. I certainly hope he is right.
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Re: America's Geopolitical Nightmare - F. William Engdahl

Postby Kingcoal » Sun 14 May 2006, 11:34:48

If you voted for these idiots once, then you're just the standard simple minded American. If you voted for them twice, then you should really turn your brain in for scientific experiment, as it isn't being used for anything important.

This article lays it all out very nicely, but really folks, it's been apparent and not worth argument the whole time. When Bush was trying to make the case for war with Iraq, it was pretty damn obvious that the "evidence" was very shaky. It was also pretty obvious that the administration had no plan for post conquest Iraq.

What I'm getting at is that you get the government that you deserve. Americans are have too long been sheepish, uninformed and uninvolved in politics.

If you are like me and have suffered through seeing your country turned into a populist totalitarian democracy, speak up. Don't just agree with those who are NOW upset about the GWB administration, quietly remind them of how you and other "dissenters" were treated. Make them feel like the idiots that they are. Democrats will win in the next election if we demoralize the Republicans and get them to stay home.
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Re: America's Geopolitical Nightmare - F. William Engdahl

Postby abelardlindsay » Mon 15 May 2006, 00:03:48

$this->bbcode_second_pass_quote('Carlhole', '[')url=http://www.globalresearch.ca/index.php?context=viewArticle&code=%20EN20060507&articleId=2401]America's Geopolitical Nightmare and Eurasian Strategic Energy Arrangements[/url]



I am going on record as saying I don't see an Iran attack coming. Unless there's another 9/11 (god forbid!) somehow linked back to Iran or something. It's a diplomacy rubics cube that doesn't really have a solution. The WMD thing was plausible and the Sadaam is a bad guy thing worked after that but I just don't see how they're going to pull another fast one so soon after Iraq, especially since they can't get Russia and China on board. The Russians are selling lots of advanced weaponry to the Iranians which will make things a PITA for the U.S, even if it did find a way to fight them.
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Re: America's Geopolitical Nightmare - F. William Engdahl

Postby rwwff » Mon 15 May 2006, 00:18:33

$this->bbcode_second_pass_quote('Kingcoal', 'I')f you voted for these idiots once, then you're just the standard simple minded American. If you voted for them twice, then you should really turn your brain in for scientific experiment, as it isn't being used for anything important.


Why? He's done pretty much what I think needed to be done.

$this->bbcode_second_pass_quote('Kingcoal', '
')Don't just agree with those who are NOW upset about the GWB administration, quietly remind them of how you and other "dissenters" were treated. Make them feel like the idiots that they are. Democrats will win in the next election if we demoralize the Republicans and get them to stay home.
.

I wouldn't get your hopes up to much about the House. Senate, the dems have a reasonable chance. The house though is determinted by the gerrymander, not by any particular set of disgruntled voters. I do think it would actually be kinda fun to see a Bush/Pelosi/Schumer government; the question then becomes does it go the Reagan path or the Clinton path. Reagan path, they all mutually agree to spend on each others projects till they're so bloated they couldn't see straight. Clinton path they mutually killed lots of each others projects thus causing a surplus. Pelosi seems more like the spend it all type. Bush seems like the spend it all type. So, deficits? We ain't seen nothing yet. Rev up them printing presses!!!
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Re: America's Geopolitical Nightmare - F. William Engdahl

Postby Lighthouse » Mon 15 May 2006, 00:27:35

$this->bbcode_second_pass_quote('Kingcoal', '.')..

turned into a populist totalitarian democracy,

...


ahem, that would be fascism.

Are you saying ... no you would not ... or on second thoughts ... what are the signs of fascism?
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Re: America's Geopolitical Nightmare - F. William Engdahl

Postby rwwff » Mon 15 May 2006, 00:55:10

$this->bbcode_second_pass_quote('Lighthouse', '
')Are you saying ... no you would not ... or on second thoughts ... what are the signs of fascism?


Somebody in office does something that you think is evil.

Just kidding.
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Re: America's Geopolitical Nightmare - F. William Engdahl

Postby pea-jay » Mon 15 May 2006, 04:16:45

$this->bbcode_second_pass_quote('rwwff', '')$this->bbcode_second_pass_quote('Kingcoal', 'I')f you voted for these idiots once, then you're just the standard simple minded American. If you voted for them twice, then you should really turn your brain in for scientific experiment, as it isn't being used for anything important.


Why? He's done pretty much what I think needed to be done.

$this->bbcode_second_pass_quote('Kingcoal', '
')Don't just agree with those who are NOW upset about the GWB administration, quietly remind them of how you and other "dissenters" were treated. Make them feel like the idiots that they are. Democrats will win in the next election if we demoralize the Republicans and get them to stay home.
.

I wouldn't get your hopes up to much about the House. Senate, the dems have a reasonable chance. The house though is determinted by the gerrymander, not by any particular set of disgruntled voters. I do think it would actually be kinda fun to see a Bush/Pelosi/Schumer government; the question then becomes does it go the Reagan path or the Clinton path. Reagan path, they all mutually agree to spend on each others projects till they're so bloated they couldn't see straight. Clinton path they mutually killed lots of each others projects thus causing a surplus. Pelosi seems more like the spend it all type. Bush seems like the spend it all type. So, deficits? We ain't seen nothing yet. Rev up them printing presses!!!


Done what needed to be done? Like a failed adventure in the middle east.

As for the 06 election, I think the house is more at risk. The Dems pretty much have to win most of the "vulnerable" repub states to grab the senate. Will they knock off Santorum? Yeah most likely. Will they be able to steal a state from a vulnerable sitting senator? Possibly. Burns and DeWine are hardly secure. But can they do that on a wider scale: Not likely. The best I think they could get to is 48 or 49 seats. Result: narrowly divided senate with moderate R senators from Maine available to swing a vote or two. The further away from 60 the ruling party gets, the less likely unfavorable legislation gets passed.

The house while gerrymandered is not invulnerable. According to the washington post there are more "competitive" seats than the difference between R and D. Plus there are the some factors that need to be considered:

1. National mood. On its own, its not gonna win or loose seats, but if Dem voters get extra motivated and Rep voters sit at home in disgust, a seat that may have been won by a 5% margin could be lost in a squeaker.
2. Recruiting: It's still early, but the Dems seem to be winning the recruiting battle.
3. Pocket book issues: The worse our economy is or appears to be, the better it will be for Dems.
4. Demographic shifts: The census data is six years old. Growth has happened, migration occured. Reliable districts can become less so over time.
5. Texas: The texas redistricting case has been taken up by the court. Supreme court I think. If the supremes toss the 2002 plan, the original plan would go into effect. No guarentee this will occur but if the repubs lose this one, it will hurt.
6. Wildcards: All 435 seats are up as opposed to the 1/3 of the senate. With 435 different contests out there, weird, odd, or tragic events are not out of the question in at least one or two seats. It will be close already.
7. Post election defections: Can't rule out a post election jeffords style switch. There are a few moderates out there.
UNplanning the future...
http://unplanning.blogspot.com
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Re: America's Geopolitical Nightmare - F. William Engdahl

Postby rwwff » Mon 15 May 2006, 08:25:18

$this->bbcode_second_pass_quote('pea-jay', '
')5. Texas: The texas redistricting case has been taken up by the court. Supreme court I think. If the supremes toss the 2002 plan, the original plan would go into effect. No guarentee this will occur but if the repubs lose this one, it will hurt.


Great analysis till you got here. Thats like me praying someone will sue and make CA set new boundaries that allow a proportionate number of Republican/Democrat members similar to current voting split. Thats like hoping the current court would strike down the death penalty because they've chosen to hear a death penalty case.

They chose to hear the case because it needs settling.

$this->bbcode_second_pass_quote('', '
')6. Wildcards: All 435 seats are up as opposed to the 1/3 of the senate. With 435 different contests out there, weird, odd, or tragic events are not out of the question in at least one or two seats. It will be close already.


These kinds of things are usually even, especially in large enough samples, and 435 is large enough.

$this->bbcode_second_pass_quote('', '
')7. Post election defections: Can't rule out a post election jeffords style switch. There are a few moderates out there.


I think it more likely that the remaining handful of conservative democrats would switch to keep Pelosi out of the chair. I'd put both possibilities at well below a 1 in 20 chance.
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Re: America's Geopolitical Nightmare - F. William Engdahl

Postby DantesPeak » Mon 15 May 2006, 09:02:15

$this->bbcode_second_pass_quote('abelardlindsay', '')$this->bbcode_second_pass_quote('Carlhole', '[')url=http://www.globalresearch.ca/index.php?context=viewArticle&code=%20EN20060507&articleId=2401]America's Geopolitical Nightmare and Eurasian Strategic Energy Arrangements[/url]



I am going on record as saying I don't see an Iran attack coming. Unless there's another 9/11 (god forbid!) somehow linked back to Iran or something.


Iran is going to blamed for anything and everything, whether or not it is their fault.

The US obsession with Iranian oil fields goes back at least 50 years, if not even further. The US actively supported SH's attempt to take Iran oil through military conquest.

The only problem with military action at this point is that they are not prepared for a full scale invasion, so this could get postponed for a while.
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