[floydian slip]

Does the administration really need a war with Iran so desperately?

Yes.

The truth is, that even the control of oil is not nearly as critical to the US as maintaining it’s continued dominance in the exchange of oil in greenbacks. If Iran is allowed to open its oil bourse (exchange) in March and openly compete with the US’s monopoly on trading oil in petrodollars, the central banks across the globe will dump hundreds of billions of dollars overnight, and the American economy will disappear beneath the waves.

This is not fiction.

The reason the United States is the unchallenged leader of the global economic system is because it has a stranglehold on the oil trade. Even the oil itself, or the price at which it is sold, is of less importance than the means by which it is traded. The nation that controls the currency, determines the rules of the game. It forces other nations to stockpile mountains of its debt-ridden script, while Congress breezily produces oceans of red ink. America’s fat-cat bankers and corporatists are now living off the generosity of the developing world that must hold on to worthless dollars so they can purchase oil. Iran’s plan to sell its oil in petro-euros threatens to break up this massive extortion-ring and put the greenback nose-to-nose with its global competitor; the euro.

The Lukoil transaction should prove to skeptics that Washington is prepared to give up anything to prevent the opening of Iran’s oil exchange. The UN Security Council is just the last step before military operations begin.

The Bush administration is dead-set on attacking Iran and removing this existential threat to the American economy and the ongoing supremacy of the reserve currency.

Now that the case is in the Security Council, things should move ahead fairly quickly.

http://www.opednews.com/articles/ope..._caved_in_.htm