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CounterPunch
February
26, 2003
An Open Letter to Tony Blair
Stand Tall,
But Tell the Truth
by EDWARD TEAGUE
Dear Tony,
Stand tall, yield to no-one. Your stand
by George is to be admired. You need however, to tell the UK
electorate the truth.
1. This war is to protect US interests.
The US has a massive Trade Deficit, revealed only on Friday for
Y/E 2002 @ $460Bn.
2. That means for the US they have to
maintain the flow of dollars in world trade / capital flows etc.,
(Gordon will provide details)--so far this has been mainly supported
by the Japanese buying US Bonds, property etc.,
3.However, the euro since launching has
shown a very healthy appreciation against the $ caused by;
4. Build up of national Forex reserves
in Euros worldwide--UK, Russia, China(see Prodi's visit Sept
2002 with Chirac), and consequent run down of $ rserves overseas--EU
etc.,
5. Increasing world trade denominated
in euros--EU has bigger share of World Trade than US--set to
rise when EU expands.
6.Iraq denominated oil sales inn euros
in April 2000 and UN held reserves. Then euro = 83 cents$ now
(today) $1.09 a 20% appreciation.
7.Venezuela holding back oil supplies,
arranging barter deals. Euro bond market increasing worldwide--eg.
Oil producing Maylaysia raised $500Mn $ bonds for State Oil Co.
8. Resulting not only in $/euro decline
but increased oil/energy cost in US (e.g gas at the pump up from
$1.20 June 2002 to $1.90 plus today.
9.France wants to sell Air Buses in euros.
Maximise returns on costs incurred in euros.
10.By the way, don't forget that George
II dismissed Kyoto obligations and Under Secretary Bolton (jewish)
signed letter to Khofi Annan withdrawing from World Court proposals.
(Also factor on counterfeit $'s from Iran and DPRK). When will
the drugs merchants want payment in euros?
Therefore as you have seen the only route
is for US (unless they sell dollars to buy euros and prompt further
decline in the dollar), to use it's second major tool for dominating
world affairs and economy--Military force. Hence need for swift,
short, sharp resolution at UN. Those not with us(US) are against
us--buy off the Turks with aid, sort out post Saddam trade with
French and Russians. (Main recipient of Iraqi oil (currently)
is US via Russian Oil traders).
Therefore your bold move to support is
to be applauded. As everyone knows, Saddam has no weapons of
mass destruction (i.e gas, biological nor the means of deliveryo
outside Iraq) including all military forces in NATO and UN also
know such weapons have limited lethality or use in the battlefield.
Iraq has not and is unlikely to have
nuclear weapons or means of delivery in foreseeable future.
Nobody gives a shit about Iraqi people--expendable
as, Ruandans, Matabele that Mugabe slaughtered (with North Korean
mercenary help) in 1,000's, everyone stood back whilst millions
of people lost lives in Iran/Iraq war.
Therefore your policy is not only wise
but the only sensible one available.
Be careful however that, if on the "fog
of war" the Israelis decide to resolve the Palestinian problem,
a la Sabra and Chattila camps.
As a point of solidarity I will be circulating
my letter of support for you.
Regards
Edward Teague
can be reached at Edward@softwaresystemseurope.com
Yesterday's
Features
Gary Leupp
The
Weekend the World Said No to War:
Notes on the Numbers
Jason Leopold
Powell Warned Bush About
Bloody Price of Unilateral War
Ross Vachon
Joe
Lieberman: Yankee Tartuffe
Ahmad Faruqui
Killing
with Sanctions, Then Bombs
Estimating Civilian Casualties in Iraq War
Reza Ghorashi
Why
War with Iraq?
What Should Iranians Do?
Craig Axford
Environmentalism as Homeland Security
Harvey Wasserman
There's
Nothing Patriotic About It
Ramzi Kysia
Dispatch from Baghdad:
Living Against Disaster
Charles Sullivan
The
Failure of Mass Education
Gilad Atzmon
The Birth of the Tragedy:
On Reason, Justice and the Victim Mentality
Website of the Day
Lysistrata
Project
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February 22
/ 23, 2003
Laura Flanders
Security Threat?
Bernadette Devlin McAliskey Barred Entry to US
Alexander Cockburn
The Trouble with E-Bombs
Kathy Kelly
Letter from Baghdad
Tight Squeeze
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A Universal
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William Cook
Armageddon Anxiety
Jo Freeman
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Howard Dean is No Green
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Joanne Mariner
Pets Unite!
Richard Falk and David Krieger
Iraq and the Failures of Democracy
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War Crimes and Sharon
Ian Williams
John Bolton in Jerusalem
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William Hughes
The Zev and Ari Show
Susanna Sonnenberg
Boxing Missoula
Michael Ortiz Hill
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Anis Shivani
When Kafka Aligns with Orwell
John Mihelich
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Bush and His Fabled Gut
Adam Engel
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A Monumental Hypocrisy
Wouter Hijink
Report from Amsterdam
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At Last! Proud to be British
Lawrence Ferlinghetti
Taking a Stand on Iraq
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The Case Against War
Lev Grinberg
Lessons from Israel
A War Without Legitimacy
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Cold Fronts:
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Ahmad Faruqui
Stepping Back from the Brink of War
Norman Madarasz
French Kisses from the Citizens of France
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Scott Ritter in Tokyo
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The Revolt in Bolivia
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Wayne Madsen
The Lies of Tom Lantos
Ranjit Hoskote
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Emily Zitter-Smith
Who's Safe Now?
An American in Cairo
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Website of the Weekend
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Read
Whiteout and Find Out
How the CIA's Backing of the Mujahideen Created the World's Most
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by Alexander
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and Jeffrey St. Clair
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