From: "Battaglia comunista" <batcom-AT-ibrp.org> Date: Mon, 17 Feb 2003 16:24:57 +0100 Subject: Re: AUT: Re: The slogan: No blood for Oil --Alt-Boundary-20267.14450538 Content-description: Mail message body Few words about the vexata quaestio of the war for oil. Actually the war is planned by the US for securing to itself the endangered financial rent mainly based, despintenot only, on the US' domination of oil market, distribution, etc. In 1992 (eleven years ago) this rent was calculated around $ 500 milliard. You can imagine how is grown since then. But probably it's necessary to clear where this rent come from. Imagine a country A with an its own currency and two countries B and C that are exchanging commodities and services using the currency of A. Evidently, A has to print its own currency much over the need from its "internal economy". This uppermost printed currency is precisly the rent that is anjoied by the US on the shoulders of all the planet's country. The very high budget's deficit, the stratospheric commercial debt and internal debt of the US would be absolutely impossible if there were not this financial/ parasitical rent. The condition above exemplified, is mainly based on the fact that the oil (the most important energy's source.... etc , now, but will remain for the next 20-30 years ) is traded in dollars. If Lesotho needs few barrels of oil it has to buy them from, lets say, Nigeria but paying in dollars. Thus Lesotho has to buy dollars before.... Then, the military supremacy is an other important pillar for the said condition of financial rent, and Euro everything is useful for consolidating this... pillar will be done by the US Administration (be it led by Bush or by a democrat). The appearance of the Euro has been a severe blow for the sureness of the US. More, now for buying one Euro you need more than one dollar: the danger for the US is growing if the speculative capitals go to the Euro moving fron the dollar. The US NEED to reafferim their absolute military power, secure the second oil reservoir in the world that is much less exploited than the S.Arabs one and hence, potentially, the most important, establish or enforcing its military presence in the whole region, which is the most effective mean to keep away the Euro. Enough reasons for much more than a war only to Iraq... Battaglia comunista - Organo del PC Internazionalista Sezione italiana del Bureau Internazionale per il Partito Rivoluzionario BIPR C/o Prometeo. cas.post 1753 20101 Milano btcom-AT-ibrp.or --Alt-Boundary-20267.14450538
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