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Empire Despotism Upon Us, Restore the Spirit of 1776 Liberty, Let's Create a Real Republic

February 7, 2006

Beware The Ides Of March by Mathew Maavak

Put it simply, the privilege of printing greenbacks so that other nations can buy its oil in dollars is in jeopardy. Financially, printing more dollars so that it can be exchanged for euros wouldn't work either. Oil has been pegged to the dollar for decades. Oil gives value to the dollar; without it the dollar doesn't have the same fundamental strengths as the Swiss Franc. Some claim Saddam Hussein became unpardonable and beyond redemption when he insisted on euros for Iraqi oil sales. He got the currency wrong from October 2000 and a handsome profit till his Weapon for Messing up the Dollar - the more realistic WMD - landed him Operation Iraqi Freedom.

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