Saturday, August 26, 2006

What was censored out West is not in Kansas.

From Peter Dale Scott's web site (linked below).

Unpublished Letter to San Francisco Chronicle concerning the Web, Euros and the Iraq War. (4/7/06)

On Tuesday, April 4, 2006, I sent the following letter to the San Francisco Chronicle, which the Chronicle declined to publish:

Editor – David Baker rightly dismisses the blog rumor that Iran will destroy America by selling oil for euros rather than dollars

( “A Web of oil intrigue,” – April 4). But he is wrong to ridicule the idea that “America invaded Iraq…because Saddam Hussein started trading oil in euros.”

There were of course many reasons for the Iraq invasion, but one cannot exclude this one. As Kevin Phillips notes in American Theocracy (p. 93), “in 2002 and 2003, dollar protection [from the euro] posed a serious problem.”[1] President Bush swiftly confirmed this by arranging, two months after the invasion, for oil sales in Iraq to be returned from euros to dollars.[2]

His Executive Order of May 2003, declaring a “national emergency,” directed oil earnings into a fund, controlled by the United States, for reconstruction projects in Iraq. One month later, the Financial Times, on June 5, 2003, confirmed that Iraqi oil sales were now switched back from euros to dollars.[3]

On November 14, 2002, Donald Rumsfeld told CBS News that U.S. policy on Iraq “has nothing to do with oil, literally nothing to do with oil." This was a flat-out lie. The Chronicle should not allow its pages to perpetuate it.

PETER DALE SCOTT

Berkeley

http://www.peterdalescott.net

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