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  • uglyduck555 uglyduck555 Mar 30, 2011 12:01 PM Flag

    More dysfunctional autocracy from Obama

    QWAK,Iraq was about preserving the US DOOLAR as the global reserve curency! Sadam started selling OIL for Euros and not US DOLLARS! He was OUR monster till he did that!

    All of what is going on NOW is about $$$ and a distraction from the REALITY that the whole global FIAT system based on DEBT is caving in! :(

    It is NOT about PEOPLE and saving lives!!!! :(

    IT is about trying to maintain the STASUS QUO and the USA runing the SHOW!

    the DUCK

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    • Duck, that's complete, utter nonsense. The Euro is the USD in disguise. The Euro's monetary asset reserve is the USD!!!!

      Please, if you are going to complain about fiat currency, learn that all the fiat currencies are the same - the asset behind them all is the USD.

      So... what you wrote (about a meaningful difference when oil is traded for Euros or USD) is nonsense.

      • 1 Reply to canucanoe1
      • QWAK,canucanoe,NO!! YOU are WRONG!!

        I posted the SAME here when BUSH went after SADAM!!

        At the time Sadam was making an extra 20+% by selling the OIL for EUROS and it was the FEAR of the rest of the world ALSO going to alternet curencies (mostly EURO) to buy OIL!

        GRANTED the EURO is also TRASH now but at the time there WAS a real ADVANTAGE to buying with the EURO and you and I went round and round THEN because THEN like NOW -- YOU don't REALY understand MONEY and the DIFERENCE between MONEY and CURENCY! :(

        NOW the whole world IS pushing to DUMP the US DOLLAR as the global reserve curency and WHEN -- not IF -- it happsns all the US DOLLARS held as RESERVES will come back to the USA and make the US DOLLAR worth LESS than TOILET PAPER! :(

        THAT is precicely WHY every one should have some REAL US MONEY -- physical GOLD and SILVER --- and what I have been saying HERE for over 11 years!!

        the DUCK

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