Real Cause for Gaddafi’s Expulsion: Wanted Gold Currency?

Some believe it [the NATO/US-led Libyan invasion] is about protecting civilians, others say it is about oil, but some are convinced intervention in Libya is all about Gaddafi‘s plan to introduce the gold dinar, a single African currency made from gold, a true sharing of the wealth.

Gaddafi did not give up. In the months leading up to the military intervention, he called on African and Muslim nations to join together to create this new currency that would rival the dollar and euro. They would sell oil and other resources around the world only for gold dinars.

It is an idea that would shift the economic balance of the world.

“If Gaddafi had an intent to try to re-price his oil or whatever else the country was selling on the global market and accept something else as a currency or maybe launch a gold dinar currency, any move such as that would certainly not be welcomed by the power elite today, who are responsible for controlling the world’s central banks,” says Anthony Wile, founder and Chief Editor of the Daily Bell.

“So yes, that would certainly be something that would cause his immediate dismissal and the need for other reasons to be brought forward from moving him from power.”

And it has happened before.

In 2000, Saddam Hussein announced Iraqi oil would be traded in euros, not dollars. Some say sanctions and an invasion followed because the Americans were desperate to prevent OPEC from transferring oil trading in all its member countries to the euro.

A gold dinar would have had serious consequences for the world financial system, but may also have empowered the people of Africa, something black activists say the US wants to avoid at all costs.

Some say the US and its NATO allies literally could not afford to let that happen.

[source]

Tariq Ali Explains: The denial of democracy to the Arab World

The best explanation so far into how the west mainly USA and UK are denying democracy to Arab world.  The west had painted a picture that the Arabs were genetically incapable of adopting democracy and the incompatibility with Islam.  Well Tariq Ali hits the nail in the head on this issue:

It is further evident that west (mainly USA and UK) do not give a crap about the Arabs as this is all about Israel and its existence.  The leaders for the Arabs are chosen by the west to play ball with the west and support the existence of Israel.  Any leader who eventually turns against Israel is literally erased off the face of the planet (Saddam Hussein) or turned into an enemy (Iran and Pakistan).  Rep Ron Paul grills Hillary Clinton a few days ago on US Middle East meddling:

A Quick Update:

A quick update, I have been on holiday for the last couple of weeks, a break was needed to simply get away from work and studying.  I’m going to confess that during the break I did absolutely nothing, that’s right ‘nothing’ at all apart from follow Cricket World Cup and read a few books.

I’m back now and I will start to blog again, more frequent than before.  One important development from which I couldn’t break away from was the unrest in Middle East.  I guess no one could break away from what is happening there right now.  Are we seeing the birth of a New Middle East – a Middle East which is free from dictators or are we simply seeing one dictator being replaced by another cunning one?

Now that I am in front of a computer and have access to the internet I will be looking into this tsunami of demonstrations which are rattling decades of dictatorship rule.  The regular news channels have become less reliable in recent years simply because in the rush of being the first to make a ‘breaking story’ some information is inaccurately reported and by the time they realise the fire has already spread.  So I prefer to read alternative news mediums, blogs and firsthand accounts of people followed by videos from people on the ground uploaded to Youtube and alike.

Whatever is happening out there in Middle East has direct effect on us living in the UK or the west, you probably have noticed that already the prices of fuel at the pumps has hit £1.30 a litre which is a record – and as more events unfold this is likely to get worse.

There has been much debate between governments in the West about creating a ‘No Fly Zone’ over Libya and the likelihood of military intervention if demonstrators are killed much like how Saddam Hussein did to the Kurds.  Personally I think it’s too early for talk about militarily intervention – but this could all change if the death toll of demonstrators continues to rise and if oil is used as a tool by Libya’s leader to fight growing international pressure.

Other than that, I hope to publish more content for this blog and I hope to catch up with you all soon.