ZECHARIAH 12:3

Connect the dots with the U.S. betrayal of Israel for Arab oil and financial interest$ ,and now the Arab knife has cut the U.S. empire's throat.
This has all happened on the watch of the wolf Bush who so many deceived Christians help get into office.
They're all crying about the moslem Obama but he has not done any severe,fatal damage that their hero Bush has done.
You deceived ones helped cut your own throat,so don't blame God.


The Other Gulf Surge Tide

September 15, 2008
Doug McIntosh
In a weekend which saw both a physical hurricane IKE devastate the US, as well as a financial one called Lehman Brothers require emergency action by the United States government, I will have to explain why I am not writing about either one of them in this essay. I will write about them later, but not now. The reason for that is simple: neither one of them will be as devastating to the US as what I am going to write about. It was reported this weekend, although it will not actually happen until Monday and Tuesday, the 15th and 16th. Those meetings will seal the economic doom of the United States. Those meetings will be looked back historically as the end of PAX AMERICANA, the American century, or whatever you choose to call Imperial America's run on ruling the world. All that is over now.
The reason it is over has a lot of facets and reasons. I will stick to the economic for the moment. American economic supremacy will end this week. Period. It will take a while for the corpse to bleed out, after having its throat slashed. It is a done deal. America's fiat Federal Reserve Note, the defacto Imperial currency is finished. The global con game which has allowed all of the United State's military, political and diplomatic adventures is over. The golden fiat goose has had its throat slit. No more goose; no more egg. It is ironic this throat slitting happened a few days after the US Treasury gleefully slit the throats of both Capitalism and Fannie and Freddie stockholders. These are the kinds of things that happen when you give a fool like Paulson a sharp knife. There are maybe 25 Americans who even know what I am going to talk about today. That number will go up in the near future as the results take effect. America's destiny is made by foreigners now. Future history books will so record. They may even throw in this essay to show someone in America who actually understood what was happening, when it was happening.

Get to the point, you say. Fair enough. I just wanted to give the scope. Like IKE, it will smother the US economy. Not that anyone can plead ignorance, or surprise at the following. It is not like the golden goose hasn't been having egg laying problems. If you substitute interest rates and taxpayer funded bailouts for Viagara, you can see the Federal Reserve et al have been pouring the economy enhancers down the poor goose's throat for quite a while. Poor thing is probably grateful it is finally getting its throat slit by the Arabs. Greenspan had tried to turn it into one of those ducks you use a funnel to fatten up. The unlamented Mr. Magoo, at least by me, and his fool apprentices Paulson and Braying Bernie have been even worse. No matter now. The goose is not only dead: it is soon to be cooked.

If you understand only one thing about modern America, it must be this: it's the fiat dollar. Nothing more; nothing less. And in a day or two, the fiat dollar will be laying on the floor in a pool of blood. It will be a most unsurprising exit since the patient has been ailing for quite some time. Still, it took the Arabs to finish the deed. Even though the Russians are dumping dollars faster than their nuclear capable bombers are dumping jet fuel as they approach Venezuela's main air base, it took the Arab's to finally do it. Since the Arabs began the process back in 1973 with their response to Nixon's "full faith and credit scam", it is only right they complete the circle. From worthless paper and ink thou wast formed Fiat Federal Reserve Note and unto worthless paper and ink thou shalt return. And the global chorus said Amen!
It is understandable the doom of the fiat dollar should be announced as an afterthought, on the same weekend of IKE and Lehman. We truly have our domestic eyes focused inward. In a day or so, the Gulf States, Saudi Arabia, United Arab Emirates, Qatar, Kuwait and Bahrain will have their central bank ministers meet to form a monetary union. Kuwait and Saudi Arabia have had enough and are bailing out of the dollar peg. One of the major functions of this new monetary council will be to set the dollar peg. The Gulf States have been suffering severely from fiat dollar imported inflation in their domestic economies. Saudi Arabia had a coup attempt fairly recently. The internal political instability has become intolerable for the Gulf States. I will note that Dubai isn't on the list, but Dubai is kind of in its own economic zone these days anyway Oman also dropped out.
The dollar peg is like a fixed pier trying to adjust to IKE's storm surge. As long as that pier is pegged to the US fiat dollar it will be hammered, and then eventually destroyed, by the fall in the value of the fiat dollar. The fiat dollar has lost nearly 50% of its value in the last 8 years alone. That means the Gulf States have been paying their imported workers with money that is worth less every year. The fact alone has destabilized not only the Gulf States, but the countries whose workers work there, like India and Indonesia for instance. The whole dollar peg concept is not viable anymore. The Gulf States are forming a monetary union with its own currency. A currency that will most certainly not be the US fiat dollar in any way, shape or form.
I will state openly for you: this is the end of the fiat dollar. The reason it is the end of the fiat dollar is it is phase one of the Gulf States ending the practice of pricing oil in US Federal Reserve fiat dollars. Not Venezuela, or Iraq, or Iran, but the Gulf States. And when that officially happens, the process is well along in my view, it will be the economic version of every hurricane to hit the US in the last 500 years. The process has begun. The bleed out will take a while. Thanksgiving has come early for the US fiat goose this year.