US envoy sees Iran sanctions next week

The Herald Sun – February 22, 2008 8:54 pm – error message states no longer available

“We will succeed in shutting down Iran’s oil bours…. er. I mean, nuclear weapons program!” — Official White Horse Souse

Take a good look at the photo labeled “Heavy water plant.” That’s actually a set of refinery cracking towers. Heavy water plants, like uranium enrichment plants, consist of cascades of centrifuges. The lies just never stop coming. – M. R. – alternative news source

 

 

Well-funded special-interest groups have unbalanced our democratic system so what are we are we going to do now? Jurgen Habermas deduced that as capitalism developed, the uneven distribution of wealth & mass media would damage our public sphere. During the meeting of the World Trade Organization in Seattle, 1999, online activists mobilized protests against globalization in what came to be known as ‘the Battle in Seattle.” My son was involved in that protest almost ten years ago. Very naively, no one in my seemingly safe world understood what was going on there, nor did we even bother to find out. My extended family was unsympathetic when I mentioned my son was hit by a rubber bullet. He must have done something wrong. It is sad to me that only after returning to school I finally learned what that protest was all about. (Long after my son was killed in 2001. )

My hope now is that I can persuade my friends and loved ones before it is too late what these organizations are really about. The names they have taken upon themselves make them sound like official, trustworthy benefactors – World Bank (WB), International Monetary Fund (IMF) and the G8 – just the opposite of what they really are. They are individuals organized for the express purpose of making money off the most vulnerable people, those in developing countries. They have no more conscience than a loan shark.

http://www.battleinseattlemovie.com/video.html

Going back to Seattle, 1999 – what happened was many individuals & groups, using their genius, creativity, and knowledge of Internet media linked activists to mobilize real-world action, gaining widespread attention to the cause. Unfortunately, not my attention or that of anyone I knew. The website of the Independent Media Center helped powerless groups frame and disseminate their message, and at the same time, exercise leverage against a powerful international organization (WTO).

The Internet is our threatened public sphere, our modern, but vulnerable network for communicating information & points of view, an e-town hall. The public sphere Habermas observed was the coffee houses of Victorian England in the 18th Century. But he was able to deduce that “as capitalism developed, the uneven distribution of wealth and the emergence of mass media would extinguish the ability of citizens to have their voices heard, damaging the public sphere.” See zeitgeistmovie.com

The Internet is cheaper than the phone, it is easy to publish material either on the web or by email. Circulation is rapid, with global reach, available even in developing countries. New blogging software now allows anyone to become a publisher which is a great freedom. However, I no longer believe it is difficult to control or censor the Internet. As can been seen with cut internet cables and filters, governments will do anything when it suits their agenda.

Also see Petrodollar warfare, Petrobourse

From Wikipedia:

The Iran Petroleum Exchange, International Oil Bourse[1] or Iranian_Oil_Bourse[2] (IOB; the official English language name is unclear) is a commodity exchange that IIranian ministries and other state and private institutions have announced they are creating. The IOB is a Petrobourse for petroleum, petrochemicals and gas in various non-dollar currencies, primarily the Iranian rial and a basket of other major currencies. The geographical location is at the Persian Gulf island of Kish which is designated by Iran as a free trade zone.[3].

The Iranian Oil Bourse was inaugurated on 17 February 2008. Mysteriously, undersea Internet cables were cut February 1, 2008 in an attempt to disrupt this inauguration.

See earlier blog: [Internet cables severed last week causing disruptions across the Middle East and parts of Asia, two undersea cables that were cut Jan. 30. They are about 5 miles off the north coast of Egypt, near the port city of Alexandria, and run between Egypt and Palermo, on the Italian island of Sicily. One of the two Mediterranean cables was owned by FLAG. The other, identified as SEA-ME-WE 4, or South East Asia-Middle East-West Europe 4 cable, was owned by a consortium of 16 international telecommunication companies. Egypt’s telecommunication ministry said no ships were registered near the location at the time. The cuts slowed businesses, hampered personal Internet usage and caused a flurry of Internet blogger speculation, including mentions of sabotage. Government authorities and FLAG, which stands for Fiber-Optic Link Around the Globe, have refused to comment on the speculation.]

Although opening an oil bourse has been delayed in the past 2 years, Iran has had success in asking its petroleum customers to pay in non-dollar currencies. On December 8, 2007, Iran reported to have converted all of its oil export payments to non-dollar currencies.

Background

The three current oil markets are all US dollar denominated: North America’s West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude. The two major oil bourses are the New York Mercantile Exchange (NYMEX) in New York City and the International_Petroleum_Exchange (IPE) in London. The proposed Iranian bourse would establish a fourth oil market, denominated by the Iranian rial, the euro and other major currencies.

Timeline

April 20th, 2007    Bomb, Bomb Iran

December 2007 Iran stops accepting U.S. dollars for oil. [19]

January 2008 Iran’s Finance Minister Davoud Danesh-Jafari told reporters that the bourse will be opened during the anniversary of the Islamic Revolution (February 1-11). [2].

February 2008 On February 4, the Iranian Cabinet approved the creation of the oil bourse in two stages – first a raw oil exchange and secondly an oil byproducts exchange. The Ministry of Finance and Economics, the Oil Ministry, the Ministry of Foreign Affairs, and the Central Bank of Iran are required to create a workgroup to coordinate the project, and the Iran Commodities Bourse Company is given the task of carrying out the project. The communique from the Cabinet states that the “Ministry of Finance and Economics is required to take measures in making the petrochemical byproducts bourse operational by the end of February 2008.” [20]

On February 17 2008, the Iranian Oil Bourse was inaugurated in a video conference ceremony from the capital Tehran attended by ministers of oil, finance and economic affairs as well as chairman of Iran’s Stock Exchange and a number of other officials and financial experts.[21] The transactions will be made in Iranian rial and other major currencies. [22] The Iranian Oil Bourse will likely accept Russian ruble as well.[23]

3-10-2008 Somebody thinks the conspiracy theories are dismissed because Tehran’s cut internet cables were quickly rerouted through Turkey. Sounds like a perfect plan to me. They are more accessible there than underwater. If the U.S. military only uses satellite for its internet, sounds like anything less should be considered unsecure.

  1. ^ KFZO MD: Investment in oil and gas in Kish is competitive and justified. Kish Free Zone Organization (2008-02-09). Retrieved on 2008-02-10.
  2. ^ a b Iran Oil Bourse to deal blow to dollar
  3. ^ Kish Oil Exchange Planned, Iran Daily, January 24, 2006
  4. ^ Iran stops selling oil in U.S. dollars -report, Reuters, December 7, 2007
  5. ^ The Iranian line in the sand, Dan Crawford, The Republic (Vancouver), August 18 to 31, 2005
  6. ^ A star rises in the east, Stella Farrington, April 2005
  7. ^ Speaking freely: What the Iran ‘nuclear issue’ is really about, Chris Cook, January 21, 2006, Asia Times/energybulletin.net
  8. ^ A frenzied Persian new year, March 22, 2006, Asia Times
  9. ^ Iran oil bourse next week, April 26, 2006, Iranian.ws
  10. ^ Ministry to offer IOB Articles of Association in two months, May 19, 2006, Mehr News Agency
  11. ^ Iranian Journel, building has been purchased and new date is September, accessed July 6 2006
  12. ^ Iran’s oil bourse to be launched, September 15, 2006, Mehr News Agency
  13. ^ Iran May Reduce Use of Dollar, Tehran Papers Say, December 6, 2006, Bloomberg
  14. ^ Press TV – Iran’s Baghdad embassy shifts to euro
  15. ^ China shifts to euros for Iran oil, The Scotsman, 27 March 2007
  16. ^ IRI to stop pricing oil in dollars, IRIB News, 31 March 2007
  17. ^ Iran asks Japan to pay in yen, not dollars for oil purchases, Tokyo, 14 July 2007, IRNA
  18. ^ UPI: “Analysis: Iran moves to ditch U.S. dollar”
  19. ^ RIA Novosti: Iran stops accepting U.S. dollars for oil. TEHRAN, December 8, 2007
  20. ^ The cabinet approves the opening of the International Oil Bourse. Kish Free Zone Organization (2008-02-04). Retrieved on 2008-02-07.
  21. ^ 1st phase of Iran oil stock inaugurated on Kish Island, IRNA Reports, Feb. 17, 2008
  22. ^ Oil bourse opens in Iran’s Kish Island Retrieved 17 February 2008
  23. ^ IIran Oil Bourse may use Russian ruble , Press TV Reports, Feb. 15, 2008

Literature

  • Clark, William R.: Petrodollar Warfare : Oil, Iraq and the Future of the Dollar, New Society Publishers, 2005, ISBN 0-86571-514-9

External links

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John Bolton, recently US ambassador to the United Nations, admitted on a conference call in January that he actually WANTED Iran to withdraw from the nonproliferation treaty or to expel nuclear inspectors.

This casts doubt on the official justification for an aggressive posture against Iran – and suggests that some administration officials are simply looking for an excuse for war.