Despite the hemming and hawing we hear from credible journalists about the dismemberment of Saudi dissident and Washington Post journalist Jamal Khashoggi, don’t kid yourself. Nothing will be done.
by O Society Oct 14, 2018
It’s difficult to read his fiancée’s take on this without feeling empathy for her over the murder. Walk a mile in her burka. Not only did he get murdered gangster style, there’s no way she can not hear about it wherever she goes because her wedding complications are splattered all over the world’s media.
She believes Khashoggie died a patriot. Maybe he did. I don’t know.
My position is simple: I am against the murder of human beings.
I do know enough not to trust the mainstream narrative sold in either Saudi or America any longer. This isn’t paranoia; it’s an objective observation of the propaganda engines in both countries.
See the fog coming?
I do know the Washington Post was Khashoggi’s employer, which explains why he has so many friends amongst the media and politicians:
Khashoggi has an enormous number of friends in Washington DC. Mainstream journalists see him as of one of their own. Like them, they feel, he does not deserve such ghastly fate. The neoliberals as well as the neoconservatives liked him. Many people in Congress know him personally. They activated procedures under the Global Magnitsky Human Rights Accountability Act that will lead to sanctions against Saudi figures. Media, banks, and well-known personalities pulled out of a three-day financial conference in Riyadh dubbed “Davos in the Desert”.
Trump is under pressure to ‘do something’, to punish the Saudis and especially MbS.
The Saudis know what is coming and they are not without defenses. In response to the sanction threats, they released a ‘fuck you’ statement and openly threaten any sanctions will be responded to with some 30 painful measures.
Their “relationship” is purely transactional, pure sociopath: what can you do for me?
The clown princes. Making people disappear like Tony Montana.
Despite the rending of clothes and gnashing of teeth we hear from solid reporters about Saudi women who go for a drive and then disappear forever more, as Loujain al-Hathloul did, it’s no big deal. Those “civil rights” were never meant to be real; they’re meant to placate a fawning American celebrity media composed of more than one idiot.
So everyone is threatening everyone today. However, it won’t be long and the newscycle will dredge up something new. That’s Donald Trump’s function. Manufacture some drama. Then whatever it is, the Kremlin, Kavanaugh, Khashoggi… this too shall pass.
Americans don’t remember much of anything for long, due to watching decades of Short Attention Span Theater.
See? Now everyone is wondering whether crazy what’s his name is showing the guy with the big desk pictures of his wife’s Oval ass.
What were we talking about?
Oh yeah. Why? Because the United States and Saudi Arabia are tag team partners in waging a war of terrorism on the rest of the Middle East.
Why are the US and Saudi Arabia Best Friends Forever? Because money.
“I love the Saudis!” Donald Trump
Didn’t the Saudis blow up 3,000 Americans on 9/11?
“Who blew up the World Trade Center? It wasn’t the Iraqis, it was Saudi — take a look at Saudi Arabia, open the documents!” Donald Trump
Here they are now, the bastards:
They said, “Never forget!!!” Umm, so… how come we forgot?
The world reserve currency. It’s the U$ dollar, isn’t it?
However, the United Nations says the Great Recession of 2008 proved the “current dollar standard is both unstable and inequitable.”
“The U.S. dollar’s share of currency reserves reported to the International Monetary Fund fell in first quarter of 2018 to a fresh four-year low, while euro, yuan, and sterling’s shares of reserves increased, according to the latest data from the International Monetary Fund.”
Using the dollar as the world currency could become an issue. What if China… or Russia… or Iran stopped using the dollar for something like… oh, say… oil?
It’s key to how the system works. Used to be there was gold backing up US Currency. At one time you really could go down to Fort Knox (or wherever it was stored) with a wheelbarrow full of green paper money, and exchange it for gold.
Now that gold standard is gone, and the US Treasury basically can print as much money as it wants to print. There would be inflation if the Treasury prints a crazy amount of bills. More bills makes each one less valuable, so the number of bills you need to buy something goes up.
One question is whether our next debt crash will happen before or after Trump’s re-election in 2020. The other question is whether MbS has successfully usurped his position on the game of thrones and disposed of his rivals.
Saudi Arabia produces more oil than anyone in the world. The Saudis agree to sell their oil in US dollars. For consistency, everyone else uses US dollars to buy/ sell oil too. Nobody wants to deal with exchanging 100 different currencies. The dollar is reasonably stable. To a large degree, our entire world economy is based on $ and oil.
If the Saudis begin only buying/ selling in a currency other than the dollar, other oil producers of the world could do the same thing. Then all of a sudden there is nothing tangible attached to the dollar’s value. No commodity. No gold. No oil.
This gives Saudis leverage on America. Middle East sovereignty and stability is key to the US for obvious reasons. So we keep the Saudis afloat.
Oil is a limited resource. Finite. So one day the Saudi oil fields will go dry. Therefore, there is no static reason this world economy has to be set up this way. It can’t last forever.
Our world economy has to diversify off the oil and dollar if we want to do something about global warming. Remaining devoted to “free market” fossil fuel fundamentalism is going to get us all killed. These hurricanes and forest fires are just the beginning
Not to speak ill of the dead, but rather to speak frankly, I never heard of this Khashoggi person until he died. It certainly isn’t as if the American public is angry for losing one of its journalistic heroes. The media is telling all of us we need to be angry and shocked. And so, the brave new world of bobblehead dolls washes the story down with a Soma tablet and off we go… but why?
The self-fellating media are aghast one of their own can be tossed down the disposal.
The gangster feud between DJT and Mbs needs to use this story as leverage to get what they want out of each other.
Maybe this is all an epic dance off gangster rap video, just as the Korean Rocket Man vs. Donnie the Dotard on Twitter turned out to be. Half-wit psychopaths playing “my dick is bigger than yours” for all to see.
Maybe we’re over thinking this. It’s DJT and MbS. It’s about threats and disrespect.
Here’s more on the petrodollar from The Balance:
The petrodollar is any U.S. dollar paid to oil-exporting countries in exchange for oil. Since the dollar is a global currency, all international transactions are priced in dollars. As a result, oil-exporting nations must receive dollars. That makes their national income dependent on the dollar’s value. If it falls, so does the government’s revenue.
As a result, most of America’s trade partners also peg their currencies to the dollar. That way, if the dollar’s value falls, so does the price of all their domestic goods and services. That helps these countries avoid wide swings in inflation or deflation.
The Coming Collapse of the Petrodollar?
The United States uses the power of petrodollars to enforce its foreign policy. But many countries don’t fight back. They are afraid it would mean the collapse of the petrodollar.
For example, the United States sanctioned Iran for refusing to halt its development of potential nuclear weapons. Similarly, it hit Russia with trade embargoes for invading Crimea and creating a crisis in Ukraine. As a result, these countries signed a five-year trade deal with each other that is worth $20 billion. Critically, it is not priced in dollars, and it includes the sale of Iran’s oil.
Venezuela and Iran also signed oil contracts in their currencies instead of petrodollars. China called for a replacement of the U.S. dollar as a global currency. Ironically, it is one of the largest foreign holders of the dollar. China influences the U.S. dollar by pegging its currency, the yuan, to it.
Will these rogue attacks cause a dollar collapse? No, at least not for the near future. That is because there is no good alternative. The euro is the second-most circulated currency. It has undergone attack from within, thanks to the Eurozone crisis.
Interesting how today our so-called “bad guys” aren’t really James Bond villains intent on blowing up the world or at least killing millions of their own people. They ain’t Chairman Mao, Der Führer Hitler, and Great Purge Stalin, are they?
But the bad guys maybe are doing some mischief to US economic global hegemony…
Hillary Clinton’s documents show “Gaddafi’s gold was accumulated prior to the current rebellion and was intended to be used to establish a pan-African currency based on the Libyan golden Dinar,” was the prime reason to sodomize him with a bayonet.
Saddam was the real Great Satan, wasn’t he?
You’d expect the US and our heavy hitter allies to be the “good guys,” wouldn’t you? That’s how it works in the movies. The Pentagon pays Hollywood to make certain we’re the good guys.
In the movies.
And Ko-rean communists better keep their hands off our loot, or they’ll end up in mass graves! That’s how neoliberalism rolls!
Sooo… how come the #1 US ally is a fundamentalist Muslim terrorist monarchy called Saudi Arabia, who still publicly beheads people to get its message across to its citizens?
By now, we’re all wondering, Damn! Just how does the Kingdom of Saudi Arabia solve this maintaining the dollar as the world currency problem for America?