Iraq War Has Bumped Energy Costs Worldwide by $6 Trillion
Why are you paying $4 a gallon for gasoline and $5 a gallon for diesel at the pump? Check out last weeks eye-opening article by Geoffrey Lean. It reveals how the Iraq War has tripled world oil prices, three times what they should be. How are our lives going to change with oil heading toward $200 a barrel?
Bonus stuff
What’s Behind the BS about Why the Dollar Has Tanked?
Hint: it has something to do with the real reason Cheney’s got a hardon to invade Iran
The long-awaited Iranian Oil Bourse, a place for trading oil, petrochemicals and gas in various 
non-dollar currencies, opened in February.
If you’re lost about why the Iranian Oil Bourse matters or what a petrodollar is, then you may want to start by spending some time with this 2006 article by Krassimir Petrov which explains:
- the big picture of how we export inflation
- how the dollar is backed by oil
- why “deficits don’t matter” when you run the world’s reserve currency
- why the petrodollar-based American empire is beginning to fail
Another myth-exploding article by Rob Kirby can be read at Financial Sense
And absolutely related to all this, be sure and read the Jeremy Scahill interview with Amy Goodman posted yesterday on Democracy Now!
What’s become very, very clear over the past year is that without Blackwater, the occupation of Iraq would be untenable. –Jeremy Scahill
Blackwater: From the Nisour Square Massacre to the Future of the Mercenary Industry
The private military firm Blackwater has gone from being a relatively unknown contractor working in Iraq to a household name and the subject of multiple investigations, lawsuits and congressional inquiries. In the meantime, the company continues to reap millions of dollars in profits and was recently awarded a new contract from the State Department. Read the rest>>>
