US kills 90 civilians in Afghan airstrike

Cell phone pictures are providing evidence that a large number of civilians may have been mistakenly killed by U.S. troops operating in Afghanistan last month, two NATO officials said Sunday.

The Afghan government, a United Nations review and other reports from the region state that as many as 90 civilians were killed in an August 22 airstrike, but the Pentagon has adamantly disputed the death toll.

Click to expand...

Tech said:

Cue the "This is war, innocent people are going to die" folks.

Click to expand...

NeoSoviet said:

Is this revenge worth all the pain and misery ?

Click to expand...

Flex said:

Revenge for what?

We did exactly what Al-Qaeda wanted us to do, which is invading the middle east. If the Iraq invasion had been as
easy as they hoped, we would have already invaded Iran. Once we do that, all of Al-Qaeda's goals for attacking us on September 11th will be met.

Little do the American people realize, the 9/11 terrorists won when we took our first steps into Iraq and Afghanistan.

Click to expand...

Braaq said:

this war was mainly because of Sadams choice of backing oil with the euro and not the US dollar.

Click to expand...

Robcardu said:

heh...not exactly.

Click to expand...

Braaq said:

Oh it is trust me . unless you think you can disprove that or prove what you think was the reason.

Click to expand...

Oil & Empire: The Forthcoming War with Iran

Published on 17 Jan 2006 by Energy Bulletin. Archived on 18 Jan 2006.
The Proposed Iranian Oil Bourse
by Krassimir Petrov

I. Economics of Empires

A nation-state taxes its own citizens, while an empire taxes other
nation-states. The history of empires, from Greek and Roman, to Ottoman and
British, teaches that the economic foundation of every single empire is the
taxation of other nations. The imperial ability to tax has always rested on
a better and stronger economy, and as a consequence, a better and stronger
military. One part of the subject taxes went to improve the living standards
of the empire; the other part went to strengthen the military dominance
necessary to enforce the collection of those taxes.

Historically, taxing the subject state has been in various forms‹usually
gold and silver, where those were considered money, but also slaves,
soldiers, crops, cattle, or other agricultural and natural resources,
whatever economic goods the empire demanded and the subject-state could
deliver. Historically, imperial taxation has always been direct: the subject
state handed over the economic goods directly to the empire.

For the first time in history, in the twentieth century, America was able to
tax the world indirectly, through inflation. It did not enforce the direct
payment of taxes like all of its predecessor empires did, but distributed
instead its own fiat currency, the U.S. Dollar, to other nations in exchange
for goods with the intended consequence of inflating and devaluing those
dollars and paying back later each dollar with less economic goods‹the
difference capturing the U.S. imperial tax. Here is how this happened.

Early in the 20th century, the U.S. economy began to dominate the world
economy. The U.S. dollar was tied to gold, so that the value of the dollar
neither increased, nor decreased, but remained the same amount of gold. The
Great Depression, with its preceding inflation from 1921 to 1929 and its
subsequent ballooning government deficits, had substantially increased the
amount of currency in circulation, and thus rendered the backing of U.S.
dollars by gold impossible. This led Roosevelt to decouple the dollar from
gold in 1932. Up to this point, the U.S. may have well dominated the world
economy, but from an economic point of view, it was not an empire. The fixed
value of the dollar did not allow the Americans to extract economic benefits
from other countries by supplying them with dollars convertible to gold.

Economically, the American Empire was born with Bretton Woods in 1945. The
U.S. dollar was not fully convertible to gold, but was made convertible to
gold only to foreign governments. This established the dollar as the reserve
currency of the world. It was possible, because during WWII, the United
States had supplied its allies with provisions, demanding gold as payment,
thus accumulating significant portion of the world's gold. An Empire would
not have been possible if, following the Bretton Woods arrangement, the
dollar supply was kept limited and within the availability of gold, so as to
fully exchange back dollars for gold. However, the guns-and-butter policy of
the 1960's was an imperial one: the dollar supply was relentlessly increased
to finance Vietnam and LBJ's Great Society. Most of those dollars were
handed over to foreigners in exchange for economic goods, without the
prospect of buying them back at the same value. The increase in dollar
holdings of foreigners via persistent U.S. trade deficits was tantamount to
a tax‹the classical inflation tax that a country imposes on its own
citizens, this time around an inflation tax that U.S. imposed on rest of the
world.

When in 1970-1971 foreigners demanded payment for their dollars in gold, The
U.S. Government defaulted on its payment on August 15, 1971. While the
popular spin told the story of "severing the link between the dollar and
gold", in reality the denial to pay back in gold was an act of bankruptcy by
the U.S. Government. Essentially, the U.S. declared itself an Empire. It had
extracted an enormous amount of economic goods from the rest of the world,
with no intention or ability to return those goods, and the world was
powerless to respond‹ the world was taxed and it could not do anything about
it.

From that point on, to sustain the American Empire and to continue to tax
the rest of the world, the United States had to force the world to continue
to accept ever-depreciating dollars in exchange for economic goods and to
have the world hold more and more of those depreciating dollars. It had to
give the world an economic reason to hold them, and that reason was oil.

In 1971, as it became clearer and clearer that the U.S Government would not
be able to buy back its dollars in gold, it made in 1972-73 an iron-clad
arrangement with Saudi Arabia to support the power of the House of Saud in
exchange for accepting only U.S. dollars for its oil. The rest of OPEC was
to follow suit and also accept only dollars. Because the world had to buy
oil from the Arab oil countries, it had the reason to hold dollars as
payment for oil. Because the world needed ever increasing quantities of oil
at ever increasing oil prices, the world's demand for dollars could only
increase. Even though dollars could no longer be exchanged for gold, they
were now exchangeable for oil.

The economic essence of this arrangement was that the dollar was now backed
by oil. As long as that was the case, the world had to accumulate increasing
amounts of dollars, because they needed those dollars to buy oil. As long as
the dollar was the only acceptable payment for oil, its dominance in the
world was assured, and the American Empire could continue to tax the rest of
the world. If, for any reason, the dollar lost its oil backing, the American
Empire would cease to exist. Thus, Imperial survival dictated that oil be
sold only for dollars. It also dictated that oil reserves were spread around
various sovereign states that weren't strong enough, politically or
militarily, to demand payment for oil in something else. If someone demanded
a different payment, he had to be convinced, either by political pressure or
military means, to change his mind.

The man that actually did demand Euro for his oil was Saddam Hussein in
2000. At first, his demand was met with ridicule, later with neglect, but as
it became clearer that he meant business, political pressure was exerted to
change his mind. When other countries, like Iran, wanted payment in other
currencies, most notably Euro and Yen, the danger to the dollar was clear
and present, and a punitive action was in order. Bush's Shock-and-Awe in
Iraq was not about Saddam's nuclear capabilities, about defending human
rights, about spreading democracy, or even about seizing oil fields; it was
about defending the dollar, ergo the American Empire. It was about setting
an example that anyone who demanded payment in currencies other than U.S.
Dollars would be likewise punished.

Many have criticized Bush for staging the war in Iraq in order to seize
Iraqi oil fields. However, those critics can't explain why Bush would want
to seize those fields‹he could simply print dollars for nothing and use them
to get all the oil in the world that he needs. He must have had some other
reason to invade Iraq.

History teaches that an empire should go to war for one of two reasons: (1)
to defend itself or (2) benefit from war; if not, as Paul Kennedy
illustrates in his magisterial The Rise and Fall of the Great Powers, a
military overstretch will drain its economic resources and precipitate its
collapse. Economically speaking, in order for an empire to initiate and
conduct a war, its benefits must outweigh its military and social costs.
Benefits from Iraqi oil fields are hardly worth the long-term, multi-year
military cost. Instead, Bush must have went into Iraq to defend his Empire.
Indeed, this is the case: two months after the United States invaded Iraq,
the Oil for Food Program was terminated, the Iraqi Euro accounts were
switched back to dollars, and oil was sold once again only for U.S. dollars.
No longer could the world buy oil from Iraq with Euro. Global dollar
supremacy was once again restored. Bush descended victoriously from a
fighter jet and declared the mission accomplished‹he had successfully
defended the U.S. dollar, and thus the American Empire.

II. Iranian Oil Bourse

The Iranian government has finally developed the ultimate "nuclear" weapon
that can swiftly destroy the financial system underpinning the American
Empire. That weapon is the Iranian Oil Bourse slated to open in March 2006.
It will be based on a euro-oil-trading mechanism that naturally implies
payment for oil in Euro. In economic terms, this represents a much greater
threat to the hegemony of the dollar than Saddam's, because it will allow
anyone willing either to buy or to sell oil for Euro to transact on the
exchange, thus circumventing the U.S. dollar altogether. If so, then it is
likely that almost everyone will eagerly adopt this euro oil system:

· The Europeans will not have to buy and hold dollars in order to secure
their payment for oil, but would instead pay with their own currencies. The
adoption of the euro for oil transactions will provide the European currency
with a reserve status that will benefit the European at the expense of the
Americans.

· The Chinese and the Japanese will be especially eager to adopt the new
exchange, because it will allow them to drastically lower their enormous
dollar reserves and diversify with Euros, thus protecting themselves against
the depreciation of the dollar. One portion of their dollars they will still
want to hold onto; a second portion of their dollar holdings they may decide
to dump outright; a third portion of their dollars they will decide to use
up for future payments without replenishing those dollar holdings, but
building up instead their euro reserves.

· The Russians have inherent economic interest in adopting the Euro * the
bulk of their trade is with European countries, with oil-exporting
countries, with China, and with Japan. Adoption of the Euro will immediately
take care of the first two blocs, and will over time facilitate trade with
China and Japan. Also, the Russians seemingly detest holding depreciating
dollars, for they have recently found a new religion with gold. Russians
have also revived their nationalism, and if embracing the Euro will stab the
Americans, they will gladly do it and smugly watch the Americans bleed.

· The Arab oil-exporting countries will eagerly adopt the Euro as a means of
diversifying against rising mountains of depreciating dollars. Just like the
Russians, their trade is mostly with European countries, and therefore will
prefer the European currency both for its stability and for avoiding
currency risk, not to mention their jihad against the Infidel Enemy.

Only the British will find themselves between a rock and a hard place. They
have had a strategic partnership with the U.S. forever, but have also had
their natural pull from Europe. So far, they have had many reasons to stick
with the winner. However, when they see their century-old partner falling,
will they firmly stand behind him or will they deliver the coup de grace?
Still, we should not forget that currently the two leading oil exchanges are
the New York's NYMEX and the London's International Petroleum Exchange
(IPE), even though both of them are effectively owned by the Americans. It
seems more likely that the British will have to go down with the sinking
ship, for otherwise they will be shooting themselves in the foot by hurting
their own London IPE interests. It is here noteworthy that for all the
rhetoric about the reasons for the surviving British Pound, the British most
likely did not adopt the Euro namely because the Americans must have
pressured them not to: otherwise the London IPE would have had to switch to
Euros, thus mortally wounding the dollar and their strategic partner.

At any rate, no matter what the British decide, should the Iranian Oil
Bourse accelerate, the interests that matter‹those of Europeans, Chinese,
Japanese, Russians, and Arabs‹will eagerly adopt the Euro, thus sealing the
fate of the dollar. Americans cannot allow this to happen, and if necessary,
will use a vast array of strategies to halt or hobble the operation's
exchange:

· Sabotaging the Exchange‹this could be a computer virus, network,
communications, or server attack, various server security breaches, or a
9-11-type attack on main and backup facilities.

· Coup d'état‹this is by far the best long-term strategy available to the
Americans.

· Negotiating Acceptable Terms & Limitations‹this is another excellent
solution to the Americans. Of course, a government coup is clearly the
preferred strategy, for it will ensure that the exchange does not operate at
all and does not threaten American interests. However, if an attempted
sabotage or coup d'etat fails, then negotiation is clearly the second-best
available option.

· Joint U.N. War Resolution‹this will be, no doubt, hard to secure given the
interests of all other member-states of the Security Council. Feverish
rhetoric about Iranians developing nuclear weapons undoubtedly serves to
prepare this course of action.

· Unilateral Nuclear Strike‹this is a terrible strategic choice for all the
reasons associated with the next strategy, the Unilateral Total War. The
Americans will likely use Israel to do their dirty nuclear job.

· Unilateral Total War‹this is obviously the worst strategic choice. First,
the U.S. military resources have been already depleted with two wars.
Secondly, the Americans will further alienate other powerful nations. Third,
major dollar-holding countries may decide to quietly retaliate by dumping
their own mountains of dollars, thus preventing the U.S. from further
financing its militant ambitions. Finally, Iran has strategic alliances with
other powerful nations that may trigger their involvement in war; Iran
reputedly has such alliance with China, India, and Russia, known as the
Shanghai Cooperative Group, a.k.a. Shanghai Coop and a separate pact with
Syria.

Whatever the strategic choice, from a purely economic point of view, should
the Iranian Oil Bourse gain momentum, it will be eagerly embraced by major
economic powers and will precipitate the demise of the dollar. The
collapsing dollar will dramatically accelerate U.S. inflation and will
pressure upward U.S. long-term interest rates. At this point, the Fed will
find itself between Scylla and Charybdis‹between deflation and
hyperinflation‹it will be forced fast either to take its "classical
medicine" by deflating, whereby it raises interest rates, thus inducing a
major economic depression, a collapse in real estate, and an implosion in
bond, stock, and derivative markets, with a total financial collapse, or
alternatively, to take the Weimar way out by inflating, whereby it pegs the
long-bond yield, raises the Helicopters and drowns the financial system in
liquidity, bailing out numerous LTCMs and hyperinflating the economy.

The Austrian theory of money, credit, and business cycles teaches us that
there is no in-between Scylla and Charybdis. Sooner or later, the monetary
system must swing one way or the other, forcing the Fed to make its choice.
No doubt, Commander-in-Chief Ben Bernanke, a renowned scholar of the Great
Depression and an adept Black Hawk pilot, will choose inflation. Helicopter
Ben, oblivious to Rothbard's America's Great Depression, has nonetheless
mastered the lessons of the Great Depression and the annihilating power of
deflations. The Maestro has taught him the panacea of every single financial
problem‹to inflate, come hell or high water. He has even taught the Japanese
his own ingenious unconventional ways to battle the deflationary liquidity
trap. Like his mentor, he has dreamed of battling a Kondratieff Winter. To
avoid deflation, he will resort to the printing presses; he will recall all
helicopters from the 800 overseas U.S. military bases; and, if necessary, he
will monetize everything in sight. His ultimate accomplishment will be the
hyperinflationary destruction of the American currency and from its ashes
will rise the next reserve currency of the world‹that barbarous relic called
gold.

Click to expand...

Robcardu said:

i dont think it was the main reason, i can give a long explanation on economy and oil in spanish but you cant read spanish :wutyousay: and thats not important now, thousands of ppl are dying as we talk here, what can we do?

Click to expand...

Ironslave said:

I'd like to hear this though (a la english, pour favore).

Click to expand...

Robcardu said:

According to Bush, were numero 1 threat in the continent, why do you think it is?? Chavez??


EDIT: we use american dollar.

Click to expand...

Tech said:

Chavez > Bush

at least Chavez actually somewhat cares about his country.

Click to expand...

Braaq said:

Going into Afghanistan and putting down Al-Qaeda and the Taliban was not a mistake. After an attack, regardless if we brought it upon ourselves from decades of a terrible foreign policy, we have to attack back and Afghanistan WAS the right place to go.

Click to expand...

Flex said:

I strongly disagree.

What did the Taliban ever do to us? Why should we be the country to overthrow their government?

I agree that it was important that we attempted to capture Osama Bin Laden and other Al-Qaeda leaders, but the very first thing we did was bomb the home of the supreme leader of the Taliban.

This was a country that experienced several attempts of its government being overthrown, but they always failed. Which made it clear, the Afghans did not like other countries occupying their land, and would fight strong against it. Not only would they fight us, but with weapons WE GAVE THEM in the 1980's under Reagan and training WE GAVE THEM through Osama Bin Laden.

Click to expand...

Braaq said:

But Chavez is also wanting to trade oil in Euro's as well and controls the largest oil reserves in S. America.. that is why.

Click to expand...

Braaq said:

Read what I posted below you damn Mexican

Click to expand...

Braaq said:

I am sure Bush cares about his country, he just does not make good decisions in what he thinks is good for this country, he is not a good "Decider" ... But Chavez is a piece of shit and is still below Bush IMO, he will make himself dictator for life soon. Just wait and see.

Click to expand...

Robcardu said:

of course he does, actually everyone does, its not that we hate green color or americans, the thing is Euro is getting stronger and stronger, BTW its not our fault :wutyousay:.

Control the largest oil reserves? we have the largest oil reserves in the world (underground), but were an OPEC country, just like Iraq and many other coiuntries so we cant control anything.

Click to expand...

Robcardu said:

i did, but you didnt say anything you just quoted someone else's view.

really good reading though.

Click to expand...