References Petro Warfare

[1]William R. Clark, Petrodollar Warfare: Oil, Iraq and the Future of the Dollar ( Canada: New Society Pub., 2005) p. 122.

[2] Daniel Yergin, The Prize: The Epic Quest for Oil, Money & Power (New York, NY: The Free Press, 1991, 1992), p. 15.

[3]Richard Heinberg, The Party’s Over, from online press release commentary contained on www.petrodollarwarfare.com

[4]In 1956 Shell oil geophysicist Marion K. Hubbert predicted our peak by 1970, now known as the Hubbert Peak Theory.

[5] William Engdahl, A Century of War: Anglo-American Oil Politics and the New World Order (London: The Pluto Press, 1992, 2004), p. 132. For a full disclosure of the ‘Bilderbergers’ consult America’s Financial Reckoning Day, pp. 132-139.

[6] Steven Emerson, The American House of Saud: The Secret Petrodollar Connection (NY: Franklin Watts, 1985), p. 46.

[7] Engdahl, A Century of War, p. 137. Mulford is now US Ambassador to India to help direct cash to the “correct” banks.

[8] Bob Baer, Sleeping With the Devil: How Washington Sold Our Soul for Saudi Crude (NY: Crown Pub., 2003), p. 151.

[9] William R. Clark, Petrodollar Warfare, p. 120. I develop this recycling theme in more detail in chapter four of my book.

[10] Engdahl, A Century of War, p. 195. The Washington Consensus adopted in 1989 has institutionalized this exploitation.

[11] Emerson, The American House of Saud, p. 49. George P. Schultz was US Treasury Secretary from 1972-1974 and it is noteworthy that prior to this he was director of the OMB and instrumental in Nixon’s decision to undo the Bretton Woods agreement and float the US dollar in 1971. He also attended the Bilderberg meeting in May 1973, which led to the secret accord in Riyadh with SAMA to create the petrodollar exchange system. He was US Secretary of State from 1982-1989 and now serves as a senior advisor to Bush and chairs the International Advisory Council at JP Morgan Chase in New York. In 2002, the George P. Schultz Foreign Service Training Center was dedicated in Arlington, Virginia to train all U.S. ambassadors, diplomats, and foreign service agents in the proper skills necessary to advance the pro-neocon strategies and objectives outlined at the Project for a New American Century. Http://www.newamericancentury.org.

[12] Engdahl, A Century of War, p. 89. DuPont sold Conoco in 1997 and merged with Phillips 66, named after US Route 66.

[13] Seigniorage is a medieval term that refers to the privilege of feudal lords to mint new coinage in their realm and declare it as money. In this “inflationary” scheme the sovereigns could purchase new goods but all existing coinage was devalued.

[14] Baer, Sleeping With the Devil, p. 167. With so much Saudi money, Baer refers to SAMA as our “lender of last resort”.

[15] Emerson, The American House of Saud, p. 413. “For the love of money is a root of all sorts of evil…” (1 Tim. 6:10).

[16] Murray Rothbard, A History of Money and Banking in the U.S. ( Auburn, AL: Ludwig von Mises Inst., 2002), p. 476.

[17] Engdahl, A Century of War, p. 130. Engdahl notes how London referred to their new eurodollars as “petrocurrency.”

[18] Jim Willy, “PetroDollar & Iran & Iraq,” http://news.goldseek.com/GoldenJackass/1176997781.php, April 19, 2007.

[19] The Shadows of Power: The Council on Foreign Relations and the American Decline by James Perloff is recommended.

[20] PNAC Statement of Principles signed on June 3, 1997. Http://www.newamericancentury.org/statementofprinciples.htm.

[21] Clark, Petrodollar Warfare, p. 41. Shocked at this manifesto, Tam Dalvell, a British Labour MP stated the obvious, “This is a blueprint for US world domination – a new world order of their making….[they] want to control the world.”

[22] Quoted by Engdahl, A Century of War, p. 252. This report was released about the time Iraq started invoicing in the euro.

[23] Matthew R. Simmons, Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy (NY: Wiley, 2005). For more information on this important topic consult the Association for the Study of Peak Oil & Gas at www.peakoil.net

[24] Engdahl, A Century of War, p. 248. You are encouraged to also consider the documentary at www.oilcrashmovie.com.

[25] David Suskind, The Price of Loyalty (NY: Simon & Schuster, 2004), p. 86. Defense Secretary Rumsfeld warned O’Neill not to write his book and he would later be threatened with prosecution for his comments on www.middleeast.org in 2004.

[26] The Political Ideas of Leo Strauss and Leo Strauss and the Political Right by Shadia Drury provides insightful analysis.

[27] Richard Benson, “Oil, the Dollar, and United States Prosperity’, http://www.prudentbear.com, dated August 11, 2003.

[28] Clark, Petrodollar Warfare, p. 116. Saddam actually turned $10 billion into a €26 billion profit by switching in 2000!

[29] John F. McManus, “The Continuing Iraq War,” The New American, p. 44, July 9, 2007. See also www.thenewamerican.com.

[30] William Engdahl, Asia Times Online, http://www.atimes.com/atimes/Middle_East/HC10Ak01.html, March 10, 2006.

[31] Charles H. Coppes, America’s Financial Reckoning Day (New York-Shanghai: iUniverse Press, Inc., 2007), p. 183.

[32] The full report is available at http://www.newamericancentury.org/RebuildingAmericasDefenses.pdf, September 2000.

[33] Http://en.wikipedia.org/wiki/Military-industrial_complex. Presidential Papers of the Presidents, 1960, pp. 1035-1040.

[34] Emerson, The House of Saud, p. 321. Wm.Clark says that the Saudis are holding “the sword of Damocles” over the US.

 [35] William Clark, “Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse,”http://energybulletin.net/ 7707.html, August 8, 2005. VP Dick Cheney and his war cabinet continue to warn about an imminent 9/11-type attack.

 [36] William Engdahl, Asia Times Online, http://www.atimes.com/atimes/Middle_East/HC10Ak01.html, March 10, 2006.

[37] Michael C. Ruppert, “As the World Burns,” http://www.fromthewilderness.com/free/ww3/120104_world_burns.shtml.

[38] Clark, Petrodollar Warfare, p. 118. From Clark’s personal correspondence with confidential source in Washington, DC.

[39] T. R. Reid, The United States of Europe: The New Superpower and the End of American Supremacy (NY: 2004), p. 243.

[40] Krassimir Petrov, PhD, “The Proposed Iranian Oil Bourse,” Http://www.energybulletin.net, January 18, 2006. Page 215 in my book.

[41] The IAGS is located at http://www.iags.org. For a geopolitical twist on why the US is taken down see Ch. 6 in my book.

[42] Jerome D. Corsi, The Late Great USA: The Coming Merger with Mexico and Canada (CA: WND Books, 2007), p. 32.

[43] The Congressional Record, June 27, 2002. For numerous videos and information go to http://www.ronpaul2008.com