Posted on 09/17/2012 9:08:09 AM PDT by TLI
On Sept. 11, Pastor Lindsey Williams, former minister to the global oil companies during the building of the Alaskan pipeline, announced the most significant event to affect the U.S. dollar since its inception as a currency. For the first time since the 1970's, when Henry Kissenger forged a trade agreement with the Royal house of Saud to sell oil using only U.S. dollars, China announced its intention to bypass the dollar for global oil customers and began selling the commodity using their own currency.
(Excerpt) Read more at examiner.com ...
drilling won’t make much of a difference if the dollar loses it’s reserve status.
drilling won’t make much of a difference if the dollar loses its reserve status.
As an issue of national security, we’d have to nationalize the oil reserves and ban the sale of domestic oil outside the US as long as we are importing a single barrel. Its the only stick we can wield to force the world back on the dollar for oil sales.
Right now US dollars are still accepted worldwide and are still the world's reserve currency. If Obama is re-elected, of course, all bets are off.
There will be war.
They can only hit the west coast.
We can vaporize them off the globe.
Like we should have in 1948.
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