Friday, February 8, 2008

Iran Internet Cut Off: Is It War Against Iran Oil Bourse?

Buzzing all over the net: 5 internet cables in the Middle East cut off, some only a few kilometers apart, interrupting internet connectivity to Egypt, India, Qatar, and mostly, yes, most completely, to Iran... although all this is in the fact-meets-speculation stage. One of many synopses:
A ship's anchor severed one undersea Internet cable damaged last week, it
was revealed on Thursday amid ongoing outages in the Middle East and South Asia,
but mystery shrouds what caused another four reported cuts.
There has been speculation that five cables being cut in almost as many days was too much of a coincidence and that sabotage must have been involved.

It's too early to really assess the situation, but the timing is definitely significant. Namely, Iran's announcement that it will not trade its oil in U.S. Dollars. The impact of such a move, especially if it's emulated by others, which is a real possibility, could bring disaster, as eloquently explained by Len Hart of Existentialist Cowboy:
Certainly, when oil is no longer traded in dollars, it is not only the
dollar that will collapse. It means that the US --on the bad end of a huge
balance of trade deficit --will no longer be able to afford to import goods or
services. For a nation that long ago (Reagan years primarily; See Vidal, cited)
gave up its role as a manufacturing nation, this collapse will be monumental,
catastrophic. The fact that oil had been traded in dollars was the only thing
propping up the dollar.

This, in turn, could lead to our overextended debtor nation still called America to an economic tragedy on an unprecedented scale. So cutting off the internet, in comparison, looks sort of like a desperate prelude to war. War on Iran's threat - its economic threat to our empire.
Monitoring the news today --it is clear that the Middle East cables were
deliberately sabotaged and the effect has been to cut Iran off the internet.
Isolating a nation by cutting off its systems of communication is a first step
preceding a military attack. Bush no longer cares about even the pretense of
pre-text! His charge that Iran has weaponized grade fuels is universally and
credibly debunked. The real threat is to the poohbahs of US empire --the
Military/Industrial complex.

The spectre of impending doom, however, will not just trickle down. It may just avalanche down.
That there was a demand for dollars because there was a demand for oil
meant that you could continue to buy imported goods with dollars. Now --imagine
a world in which no other country need "purchase" dollars in order to import
oil! What if oil producing nations agree to accept other currencies? What if
they refuse to accept dollars? Go to Wal-Mart or even your local supermarket.
Almost everything on the shelves is imported.

How are we going to afford our lifestyles if we have to import things we can't pay for? Will the dollar ultimately become worthless? And another issue: what will all the victims of our senseless wars fighting "monsters" like the bin Laden "Antichrist", all those millions of refugees, all those families robbed of their homes, what will they do to, or about, us - or shall I say, US?

With this hanging, unspoken, like a looming cloud overhead, an unknown possibility, and with all our money hanging on the petroleum trade, is there any question now why we are in Iraq, Afghanistan, the Middle East, fawning over Saudi Arabia while blindfolding everyone we can, in order to shore up an empire that collapsed decades ago by invading every oil-rich piece of earth we can manage to invade? Yet that only makes things much worse.

It's Republican mismanagement and squander on wars that devalued the dollar, and now when oil-producers don't want to trade in dollars they become Enemy Number One. It's sabotage time... But to the deluded Petrocorporate War machine, they're Hans Brinker putting his finger in the dam. Let's expose them before it's too late: it isn't even their dam.

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