Other explosive confirmations in the newly-published emails are detailed by investigative journalist Robert Parry. They include admissions of rebel war crimes, of special ops trainers inside Libya from nearly the start of protests, and of Al Qaeda embedded in the US-backed opposition. Key propaganda themes for violent intervention are acknowledged to be mere rumors. Parry suggests they may have originated with Blumenthal himself. They include the bizarre claim that Qaddafi had a "rape policy" involving passing Viagra out to his troops, a charge later raised by UN Ambassador Susan Rice in a UN presentation. Parry asks rhetorically:
So do you think it would it be easier for the Obama administration to rally American support behind this "regime change" by explaining how the French wanted to steal Libya's wealth and maintain French neocolonial influence over Africa -- or would Americans respond better to propaganda themes about Gaddafi passing out Viagra to his troops so they could rape more women while his snipers targeted innocent children? Bingo!
Toppling the Global Financial Scheme
Qaddafi's threatened attempt to establish an independent African currency was not taken lightly by Western interests. In 2011, Sarkozy reportedly called the Libyan leader a threat to the financial security of the world. How could this tiny country of six million people pose such a threat? First some background.
It is banks, not governments, that create most of the money in Western economies, as the Bank of England recently acknowledged. This has been going on for centuries, through the process called "fractional reserve" lending. Originally, the reserves were in gold. In 1933, President Franklin Roosevelt replaced gold domestically with central bank-created reserves, but gold remained the reserve currency internationally.
In 1944, the International Monetary Fund and the World Bank were created in Bretton Woods, New Hampshire, to unify this bank-created money system globally. An IMF ruling said that no paper money could have gold backing. A money supply created privately as debt at interest requires a continual supply of debtors; and over the next half century, most developing countries wound up in debt to the IMF. The loans came with strings attached, including "structural adjustment" policies involving austerity measures and privatization of public assets.
After 1944, the US dollar traded interchangeably with gold as global reserve currency. When the US was no longer able to maintain the dollar's gold backing, in the 1970s it made a deal with OPEC to "back" the dollar with oil, creating the "petro-dollar." Oil would be sold only in US dollars, which would be deposited in Wall Street and other international banks.
In 2001, dissatisfied with the shrinking value of the dollars that OPEC was getting for its oil, Iraq's Saddam Hussein broke the pact and sold oil in euros. Regime change swiftly followed, accompanied by widespread destruction of the country.
In Libya, Qaddafi also broke the pact; but he did more than just sell his oil in another currency.
As these developments are detailed by blogger Denise Rhyne:
For decades, Libya and other African countries had been attempting to create a pan-African gold standard. Libya's al-Qadhafi and other heads of African States had wanted an independent, pan-African, "hard currency."
Under al-Qadhafi's leadership, African nations had convened at least twice for monetary unification. The countries discussed the possibility of using the Libyan dinar and the silver dirham as the only possible money to buy African oil.
Until the recent US/NATO invasion, the gold dinar was issued by the Central Bank of Libya (CBL). The Libyan bank was 100% state owned and independent. Foreigners had to go through the CBL to do business with Libya. The Central Bank of Libya issued the dinar, using the country's 143.8 tons of gold.
Libya's Qadhafi (African Union 2009 Chair) conceived and financed a plan to unify the sovereign States of Africa with one gold currency (United States of Africa). In 2004, a pan-African Parliament (53 nations) laid plans for the African Economic Community -- with a single gold currency by 2023.
African oil-producing nations were planning to abandon the petro-dollar, and demand gold payment for oil/gas.
Showing What Is Possible
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