Tuesday, February 21, 2006

Representative Ron Paul...

tells it like it is. It's truly unfortunate that we don't have more congressmen like him...or even another one for that matter.

Yes, while the Arab / Jew (Israel) conflict is as old as the Biblical account of Jacob's rip off of Esau's inheritance, there is a new dynamic that has come on the scene.

The honorable representative from the state of Texas, Ron Paul, has offered a must read explanation of how America has stepped into the quagmire and, in my opinion, why every American should be ashamed and outraged. I know I am.

From the link:

Realizing the world was embarking on something new and mind boggling, elite money managers, with especially strong support from U.S. authorities, struck an agreement with OPEC to price oil in U.S. dollars exclusively for all worldwide transactions. This gave the dollar a special place among world currencies and in essence "backed" the dollar with oil. In return, the U.S. promised to protect the various oil-rich kingdoms in the Persian Gulf against threat of invasion or domestic coup. This arrangement helped ignite the radical Islamic movement among those who resented our influence in the region. The arrangement gave the dollar artificial strength, with tremendous financial benefits for the United States. It allowed us to export our monetary inflation by buying oil and other goods at a great discount as dollar influence flourished.

I strongly urge our readers to visit the link above and read the article in its entirety.

WSC