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> The End of Dollar Hegemony

2 March 2006, 23:04

Who will sell us oil, and how will we maintain
our living standards if no one will take our paper money and we
can no longer produce enough for ourselves?

http://www.economyincrisis.org/articles/showarticle.asp?ID=101

An enlightening and eye-opening article by Congressman Ron Paul of Texas before the U.S. House of Representatives on February 15, 2006

" ..Though we don’t occupy foreign countries to directly plunder, we nevertheless have spread our troops across 130 nations of the world. Our intense effort to spread our power in the oil-rich Middle East is not a coincidence. But unlike the old days, we don’t declare direct ownership of the natural resources— we just insist that we can buy what we want and pay for it with our paper money. Any country that challenges our authority does so at great risk.

Once again Congress has bought into the war propaganda against Iran , just as it did against Iraq . Arguments are now made for attacking Iran economically, and militarily if necessary. .."

".. For the most part the true victims aren’t aware of how they pay the bills. The license to create money out of thin air allows the bills to be paid through price inflation. American citizens, as well as average citizens of Japan , China , and other countries suffer from price inflation, which represents the "tax" that pays the bills for our military adventures. That is until the fraud is discovered, and the foreign producers decide not to take dollars nor hold them very long in payment for their goods. "

Brian Hecht
Technical Webmaster
City of Houston