Date: September 17, 2006 10:34:56 AM PDT
Subject: [cia-drugs] Re: Iran's oil bourse to be launched
If this happens, then the dollar will no longer be the world's
reserve currency. Right now you must pay for your oil in dollars no
matter which country you are. If the iranian oil bourse succeeds,
then about three quarters of a trillion dollars that is held by
foreign countries to buy oil will no longer be needed. The first
countries to get rid of their petrodollars will be the luckiest,
because as the transactions continue, the dollar will become less and
less valuable in terms of its exchange rate. the result will be that
our buying power for commodities will drop precipitipusly. our
economic engine has depended quite a bit on the petrodollar and the
strength it gave our currency. When that ends, america will just be
another international beggar nation with a terrible debt jones and a
very sophisticated protection racket run by the occupying government.
As indvidual citizens, those who do not have the luxury of dealing in
other currencies or commodities are going to see their purchasing
power diminish at a rate that will simply take their breath away. we
will come to know what it was like in 1990 when the soviet union
collapsed. imagine being on a fixed income when it takes your total
monthly income to buy a weeks worth of food.
<[EMAIL PROTECTED]> wrote:
10-4! Iran has been threatening this since early this year... if
they go
through with it it just might wreck our economy, which will happen
sooner or
later anyway, since it's a pyramid scheme based on infinite growth
in a
finite world, and it's totally dependant on oil, a finite resource.
I ask you, if one other country can knock our economy down with one
simple
maneuver like that, is that an economy we really want to try to
hang on to?
Nice to join your group!
Thanks for having me.
Mike
(love your name :-)!
From: "mark urban" <[EMAIL PROTECTED]>
Subject: [cia-drugs] Re: Iran's oil bourse to be launched
Date: Sat, 16 Sep 2006 00:37:33 -0000
-I believe this has more to do with why bush and the neocons want
to
bomb the shit out of iran than terrorism.
<nerdmann@> wrote:
Iran's oil bourse to be launched
TEHRAN, Sept. 15 (MNA) -- Oil Minister Kazem Vaziri-
Hamaneh
said here on Friday that all preparatory requirements were arranged
for launching the oil stock market in the country.
Speaking to the reporters at the Mehrabad International
Airport upon arriving in Tehran from an OPEC conference in Vienna,
Vaziri-Hamaneh said that all un-subsidized oil products can be
offered in this stock market.
He also rejected rumors about the preparation of a plan to
gradually increase the gasoline price, but added that the cabinet
had
submitted a bill to the Majlis for importing gasoline.
"If the bill is ratified, the present condition will
continue
and rationing will be put into practice later."
Hamaneh further noted that the plan to issue fuel debit
cards
will be finalized within three months.
As for the decisions made during that OPEC conference, the
minister said that the member countries were quite concerned for
the
downward trend of oil price, and so decided to maintain the present
oil production ceiling.
Elsewhere in his remarks, Vaziri-Hamaneh referred to the
development of the Azadegan oilfield and said that an agreement has
been inked with the Japanese, granting to them a 15-day opening to
meet their commitments.
He explained "the Total Company anyway stresses
cooperating
with the Japanese and is interested in starting the conduction of
project after the cooperation contract is finalized with the
Japanese
contractor."
Answering a question about the development of the Arash
oilfield, Iranian oil minister said that an Iranian delegation will
head for Kuwait within 7 to10 days, adding that however, Iran and
Kuwait are determined to jointly develop their joint oilfield.
Hamaneh said that a two-month opening has been also
granted
to the Chinese contractor to develop Yadavaran oilfield.
Elaborating on the development process of the Peace
Pipeline,
he said the consultant party is supposed to estimate and submit the
gas price as soon as possible so that Iran can negotiate it with
the
Indian and Pakistani ministers.
Please let us stay on topic and be civil.
OM
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