Mar 29, 2011

In 2009 Gaddafi Proposed Nationalizing Libya’s Oil

By Kurt Nimmo
Infowars.com - March 29, 2011

The Coalition of Globalists are not interested in sheltering the Libyan people from Muammar al- Gaddafi. The no-fly zone and attacks on the Libyan military by NATO and U.S. have nothing to do with democracy and free elections.

It’s about oil – and who owns it.

In 2009, Gaddafi uttered the “N” word – nationalization. Not only for Libya’s oil, but all oil in the region. For the globalists, this made Gaddafi a dangerous mad dog renegade who needed to be replaced.

“The oil-exporting countries should opt for nationalization because of the rapid fall in oil prices. We must put the issue on the table and discuss it seriously,” he declared. “Oil should be owned by the State at this time, so we could better control prices by the increase or decrease in production.”

Predictably, Gaddafi’s pronouncement set off alarm bells at Anglo-Dutch Shell, British Petroleum, ExxonMobil, Hess Corp., Marathon Oil, Occidental Petroleum and ConocoPhillips, the Spanish Repsol, Germany’s Wintershall, Austria’s OMV, Norway’s Statoil, Eni and Canada’s Petro Canada.

The year before, the Libyan state oil company, National Oil, prepared a report on the subject in which officials suggested modifying the production-sharing agreements with foreign companies in order to increase state revenues, according to a report posted on the Pravdawebsite.

After implementing contract changes, Libya gained 5.4 billion dollars in oil revenues.

Gaddafi’s plan was reported on by Reuters and the corporate media.

In addition to calling for nationalization, the Libyan leader called for support of his proposal to dismantle the government and to distribute the oil wealth directly to Libya’s 5 million citizens.

State bureaucrats, however, rejected the idea because they feared for the loss of their cushy jobs and also feared the wrath of transnational oil corporations and the banks that own them.

Prime Minister al-Baghdadi, Ali al-Mahmoudi and Farhat Omar Bin Guida, of Libya’s Central Bank, told Gaddafi the measure would wreck the country’s economy in lead to “capital flight,” in other words the globalists pulling their money out of the country.

“The Administration has failed and the state’s economy has failed. Enough is enough. The solution is for the Libyan people to directly receive oil revenues and decide what to do with them,” Gaddafi said in a speech broadcast on state television. To this end, the Libyan leader urged a radical reform of government bureaucracy.

The government, however, voted to reject Gaddafi’s plan to turn ownership of the country’s oil over to the people. 64 ministers from a total of 468 Popular Committee members voted for the measure.

“My dream during all these years was to give the power and wealth directly to the people,” said Gaddafi in response to the rejection.

In 1953, the United States and Britain plotted to overthrow the democratically elected government of Iranian Prime Minister Mohammad Mosaddegh, who had promised to nationalize the British-owned Anglo-Iranian Oil Company and give the profits to the Iranian people. Mosaddegh attempted to negotiate with the AIOC, but the company rejected his proposed compromise.

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In order to sell a coup, Britain persuaded Secretary of State John Foster Dulles that Iran was going over to the Soviets. Then president Truman was cool to the idea, but in 1953, when Dwight D. Eisenhower became president, the UK convinced him to a joint coup d’état. The CIA was dispatched to destabilize the country, get rid of Mosaddegh, and install the brutal dictator Mohammad-Reza Shah Pahlavi and his secret police, the SAVAK.

For the mistake of suggesting oil profits be returned to the Libyan people, Muammar al-Gaddafi is now suffering a likewise fate.
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Related:

Wow That Was Fast! Libyan Rebels Have Already Established A New Central Bank Of Libya

Libya and The Holy Triumvirate - by William Blum

LIBYA: HAS A PEOPLE EVER BEEN MORE LOVED?

NATO Military Chief Opens The Door To Ground Forces In Libya

Obama Raises American Hypocrisy to Higher Level

From Counterpunch, March 29, 2011

By PAUL CRAIG ROBERTS

What Does the World Think Now?

What does the world think? Obama has been using air strikes and drones against civilians in Afghanistan, Pakistan, Yemen, and probably Somalia. In his March 28 speech, Obama justified his air strikes against Libya on the grounds that the embattled ruler, Gadhafi, was using air strikes to put down a rebellion.

Gadhafi has been a black hat for as long as I can remember. If we believe the adage that “where there is smoke there is fire,” Gadhafi is probably not a nice fellow. However, there is no doubt whatsoever that the current US president and the predecessor Bush/Cheney regime have murdered many times more people in Iraq, Afghanistan, Pakistan, Yemen and Somalia than Gadhafi has murdered in Libya.

Moreover, Gadhafi is putting down a rebellion against state authority as presently constituted, but Obama and Bush/Cheney initiated wars of aggression based entirely on lies and deception.

Yet Gadhafi is being demonized, and Bush/Cheney/Obama are sitting on their high horse draped in cloaks of morality. Obama described himself as saving Libyans from violence while Obama himself murders Afghans, Pakistanis, and whomever else.

Indeed, the Obama regime has been torturing a US soldier, Bradley Manning, for having a moral conscience. America has degenerated to the point where having a moral conscience is evidence of anti-Americanism and “terrorist activity.”

The Bush/Cheney/Obama wars of naked aggression have bankrupted America. Joseph Stiglitz, former chairman of the President’s Council of Economic Advisers, concluded that the money wasted on the Iraq war could have been used to fix America’s Social Security problem for half a century. Instead, the money was used to boost the obscene profits of the armament industry.

The obscene wars of aggression, the obscene profits of the offshoring corporations, and the obscene bailouts of the rich financial gangsters have left the American public with annual budget deficits of approximately $1.5 trillion. These deficits are being covered by printing money. Sooner or later, the printing presses will cause the US dollar to collapse and domestic inflation to explode. Social Security benefits will be wiped out by inflation rising more rapidly than the cost-of-living adjustments. If America survives, no one will be left but the mega-rich. Unless there is a violent revolution.

Alternatively, if the Federal Reserve puts the brake on monetary expansion, interest rates will rise, sending the economy into a deeper depression.

Washington, focused on its newest war, is oblivious to America’s peril. As Stiglitz notes, the costs of the Iraq war alone could have kept every foreclosed family in their home, provided health care for every American child, and wiped out the student loans of graduates who cannot find jobs because they have been outsourced to foreigners. However, the great democratic elected government of “the world’s only superpower” prefers to murder Muslims in order to enhance the profits of the military/security complex. More money is spent violating the constitutional rights of American air travelers than is spent in behalf of the needy.

The moral authority of the West is rapidly collapsing. When Russia, Asia, and South America look at Europe, Australia and Canada, they see American puppet states that contribute troops to the aggressive wars of the Empire. The French president, the British prime minister, the “president” of Georgia, and the rest are merely functionaries of the American Empire. The puppet rulers routinely sell out the interests and welfare of their peoples in behalf of American hegemony. And they are well rewarded for their service. One year out of office former British prime minister Tony Blair had a net worth of $30 million.

In his war against Libya, Obama has taken America one step further into Caesarism. Obama did Bush one step better and did not even bother to get congressional authorization for his attack on Libya. Obama claimed that his moral authority trumped the US Constitution. The hypocrisy reeks. How the public stands it, I do not know:

“To brush aside America’s responsibility as a leader and--more profoundly--our responsibilities to our fellow human beings under such circumstances would have been a betrayal of who we are. Some nations may be able to turn a blind eye to atrocities in other countries. The United States of America is different. And as president, I refused to wait for the images of slaughter and mass graves before taking action.”

This from the Great Moral Leader who every day murders civilians in Afghanistan and Pakistan and Yemen and Somalia and now Libya and who turns a blind eye when “the great democracy in the Middle East,” Israel, murders more Palestinians.

The American president, whose drones and air force slaughter civilians every day of the year went on to say Libya stands alone in presenting the world with “the prospect of violence on a horrific scale.” Obviously, Obama thinks that one million dead Iraqis, four million displaced Iraqis, and an unknown number of murdered Afghans is just a small thing.

The rest of Obama’s speech showed a person more capable of DoubleSpeak and DoubleThink than Big Brother and the denizens of George Orwell’s 1984.

Paul Craig Roberts was an editor of the Wall Street Journal and an Assistant Secretary of the U.S. Treasury. His latest book, HOW THE ECONOMY WAS LOST, has just been published by CounterPunch/AK Press. He can be reached at: PaulCraigRoberts@yahoo.com

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