Posts Tagged ‘oil’

I mentioned in an earlier post there were only several countries left that opposed the oil and banking capitalism of the west, and did not allow a private central bank to run the country much like the Federal Reserve. These countries were Iran, Iraq, Afganishtan, Libya, Venezuela, North Korea, Syria. There may be more like Cuba but I am not sure. Argentina may have pulled out. I do know they told the Central Bank to GTFO at one time and did not pay their debts. I am not sure if this has changed or not. We are in war in Iraq, Afghan, and now Libya. Bush tried to go to war with Iran and Syria but was fought with only 6 mths left in office.

Wow That Was Fast! Libyan Rebels Have Already Established A New Central Bank Of Libya

The rebels in Libya are in the middle of a life or death civil war and Moammar Gadhafi is still in power and yet somehow the Libyan rebels have had enough time to establish a new Central Bank of Libya and form a new national oil company.  Perhaps when this conflict is over those rebels can become time management consultants.  They sure do get a lot done.  What a skilled bunch of rebels – they can fight a war during the day and draw up a new central bank and a new national oil company at night without any outside help whatsoever.  If only the rest of us were so versatile!  But isn’t forming a central bank something that could be done after the civil war is over?  According to Bloomberg, the Transitional National Council has “designated the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and the appointment of a governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.”  Apparently someone felt that it was very important to get pesky matters such as control of the banks and control of the money supply out of the way even before a new government is formed.

Of course it is probably safe to assume that the new Central Bank of Libya will be 100% owned and 100% controlled by the newly liberated people of Libya, isn’t it?

Most people don’t realize that the previous Central Bank of Libya was 100% state owned. The following is an excerpt from Wikipedia’s article on the former Central Bank of Libya….

The Central Bank of Libya (CBL) is 100% state owned and represents the monetary authority in The Great Socialist People’s Libyan Arab Jamahiriya and enjoys the status of autonomous corporate body. The law establishing the CBL stipulates that the objectives of the central bank shall be to maintain monetary stability in Libya , and to promote the sustained growth of the economy in accordance with the general economic policy of the state.

Since the old Central Bank of Libya was state owned, it was essentially under the control of Moammar Gadhafi.

But now that Libya is going to be “free”, the new Central Bank of Libya will be run by Libyans and solely for the benefit of Libyans, right?

Of course it is probably safe to assume that will be the case with the new national oil company as well, isn’t it?

Over the past couple of years, Moammar Gadhafi had threatened to nationalize the oil industry in Libya and kick western oil companies out of the country, but now that Libya will be “free” the people of Libya will be able to work hand in hand with “big oil” and this will create a better Libya for everyone.

Right?

Of course oil had absolutely nothing to do with why the U.S. “inva—” (scratch that) “initiated a kinetic humanitarian liberty action” in Libya.

When Barack Obama looked straight into the camera and told the American people that the war in Libya is in the “strategic interest” of the United States, surely he was not referring to oil.

After all, war for oil was a “Bush thing”, right?  The Democrats voted for Obama to end wars like this, right?  Surely no prominent Democrats will publicly support this war in Libya, right?

Surely Barack Obama will end the bombing of Libya if the international community begins to object, right?

Obama won a Nobel Peace Prize.  He wouldn’t deeply upset the other major powers on the globe and bring us closer to World War III, would he?

Russian Foreign Minister Sergei Lavrov has loudly denounced “coalition strikes on columns of Gaddafi’s forces” and he believes that the U.S. has badly violated the terms of the UN Security Council resolution….

“We consider that intervention by the coalition in what is essentially an internal civil war is not sanctioned by the U.N. Security Council resolution.”

So to cool off rising tensions with the rest of the world, Obama is going to call off the air strikes, right?

Well, considering the fact that Obama has such vast foreign policy experience we should all be able to rest easy knowing that Obama will understand exactly what to do.

Meanwhile, the rebels seem to be getting the hang of international trade already.

They have even signed an oil deal with Qatar!

Rebel “spokesman” Ali Tarhouni has announced that oil exports to Qatar will begin in “less than a week“.

Who knew that the rag tag group of rebels in Libya were also masters of banking and international trade?

We sure do live in a strange world.

Tonight, Barack Obama told the American people the following….

“Some nations may be able to turn a blind eye to atrocities in other countries. The United States of America is different.”

So now we are going to police all of the atrocities in all of the other countries around the globe?

The last time I checked, the government was gunning down protesters in Syria.

Is it time to start warming up the Tomahawks?

Or do we reserve “humanitarian interventions” only for those nations that have a lot of oil?

In fact, atrocities are currently being committed all over Africa and in about a dozen different nations in the Middle East.

Should we institute a draft so that we will have enough young men and women to police the world with?

We all have to be ready to serve our country, right?

The world is becoming a smaller place every day, and you never know where U.S. “strategic interests” are going to be threatened next.

The rest of the world understands that we know best, right?

Of course the rest of the world can surely see our good intentions in Libya, can’t they?

Tensions with Russia, China and the rest of the Arab world are certainly going to subside after they all see how selfless our “humanitarian intervention” has been in Libya, don’t you think?

In all seriousness, we now live in a world where nothing is stable anymore.  Wars and revolutions are breaking out all over the globe, unprecedented natural disasters are happening with alarming frequency and the global economy is on the verge of total collapse.

By interfering in Libya, we are just making things worse.  Gadhafi is certainly a horrible dictator, but this was a fight for the Libyan people to sort out.

We promised the rest of the world that we were only going to be setting up a “no fly zone”.  By violating the terms of the UN Security Council resolution, we have shown other nations that we cannot be trusted and by our actions we have increased tensions all over the globe.

http://beforeitsnews.com/story/516/283/Wow_That_Was_Fast_Libyan_Rebels_Have_Already_Established_A_New_Central_Bank_Of_Libya.html

Advertisements

This is sick and disgusting. We have several sovereign nations in revolution right now. Who do we pick on? The one with the most problems just handing over their oil to us.

U.N. Security Council Authorizes No-Fly Zone in Libya

The United Nations Security Council approved a resolution Thursday evening authorizing a no-fly zone over Libya and other military action against Libya, as the Obama administration worked to ready plans to enforce  a no-fly zone with help from Arab and European allies.

The vote was 10-0 with five abstentions, including Russia, Germany and China.

Libya, in turn, said the security council decision was not worth the paper it was written on, reported Al Jazeera according to Reuters.

The United States, France and Britain pushed for speedy approval because Muammar al-Qaddafi’s forces are advancing toward opposition-held Benghazi. The Libyan leader vowed Thursday night to oust the rebels from their eastern stronghold.

French Prime Minister Francois Fillon said if the resolution was approved, France would support military action against Qaddafi within hours. The U.S. said it was preparing for action

Susan Rice, the U.S. ambassador to the U.N., said the decision sends a “strong message” to Qaddafi that the violence against his own people must stop.

“This resolution was designed to do two important things,” she said after the vote. “Protect civilians as well as strengthen the pressure on the Qaddafi regime through a substantial tightening of sanctions.”

Congressional officials, speaking after a briefing for members of the Senates, said they expected the U.S. effort to enforce a no-fly zone and ground Qaddafi’s air force could begin within a few days.

In an interview broadcast just before the Security Council voted, Qaddafi dismissed its actions. “The U.N. Security Council has no mandate. We don’t acknowledge their resolutions,” he told the Portuguese public Radiotelevisao Portuguesa. He pledged to respond harshly to U.N.-sponsored attacks. “If the world is crazy, we will be crazy too, he said.

Earlier Thursday, Libya’s defense ministry warned that any military action against the Qaddafi regime will be met with retaliatory strikes on air and sea traffic in the Mediterranean region.

Reuters reported that a statement by the regime of Qaddafi broadcast on Libyan television warned that “the Mediterranean basin will face danger not just in the short-term, but also in the long term.”

Secretary of State Hillary Clinton said Thursday that a U.N. no-fly zone over Libya “requires certain actions taken to protect the planes and the pilots, including bombing targets like the Libyan defense systems.”

The move comes as Qaddafi forces have made “significant strides” against the rebels in Libya. Qaddafi forces said it would cease military operations on Sunday to give rebels a chance to surrender, without giving further details about the offer, Reuters reported, citing Al Arabiya TV.

The Obama administration had said it would not act without Security Council authorization, though it would be willing to cooperate on measures “short of boots on the ground.”  

http://www.foxnews.com/politics/2011/03/17/seeks-resolution-authorizing-wide-range-strikes-libya/

As the uprising of the middle east spreads, Libya a natural choice, is in civil war. Libya is also a big player in the price of oil. As any normal dictator would do, Gaddafi doesn’t stand for any opinion besides his own and orders the military to fire on and drop bombs on the people of Libya. Instead of being loyal to this chump, military commanders are loyal to the people who are also family members and say “NO”! They instead in a beautiful act of Libyan patriotism tell this evil despot to shove it and have now are waging war against him. Word is Libya has completely succumbed to the people accept for Gaddafi’s one last hold out which shouldn’t last long. I am sure he is going the way of the dodo. Another cool piece of information is top Muslim Cleric has ordered a FATWA on Gaddafi. A fatwa is a religious decree to kill him.

…..

An air force officer, Major Rajib Faytouni, said he personally witnessed up to 4,000 mercenaries arrive on Libyan transport planes over a period of three days starting from 14 February. He said: “That’s why we turned against the government. That and the fact there was an order to use planes to attack the people.”

Numerous witnesses in Benghazi have said that while artillery was used against citizens, air force planes did not fire on them here. They did, however, according to Faytouni, drop two bombs inside the Rajma military base to stop weapons falling into the hands of anti-government forces.

“The two colonels who defected in MiGs had refused orders to bomb the people,” he said, referring to a pair of air force officers who fled to Malta in their jets on Monday. He added: “There were also two helicopters that flew to Tunis.”

All around Benghazi there were indications that Gaddafi has lost control of the city. The military is no longer operating checkpoints, which are now manned only by a handful of traffic police. Every physical sign of the dictator has been taken down or burned. While there has been no violence in the past two days, angry demonstrators are driving through city firing Kalashnikov rifles into the air and demanding Gaddafi cede control and leave the country.

http://www.guardian.co.uk/world/2011/feb/23/libya-free-benghazi-anti-gaddafi-troops