USA using the €uro as rationale for destabilizing the Iranian government

<a href=www.vheadline.com>Venezuela's Electronic News Posted: Thursday, June 19, 2003 By: Steven Hunt

Date: Wed, 18 Jun 2003 22:48:43 -0400 From: Steven Hunt  ecocentricsolutions@earthlink.net To: Editor@VHeadline.com Subject: The Euroization of Global Oil Currency

Dear Editor: As usual, a very perceptive report on the possibility of using the €uro over the sinking US dollar in Venezuela. I would say for Chavez to go for it ... but not at the expense of provoking dire attacks from the Gringo thugs.  Being patient as a Chinaman might be the best course.

I do not, however, see the Saudis doing this any time soon -- they depend so much on the US for continued corrupt, elite rule in that nation. Granted, the fundamental economic logics of using the €uro might win the day. But there will be hell to pay, rest assured.

I also would not emphasize too much the possibility of Iran converting to the €uro as the rationale for destabilizing the Iranian government.  There is a long lingering hatred for that country on the part of the "neocons" and their imperialist brethren for showing up the US with the last revolution. The benefit for Bush, for stoking a conflict with Iran, might have more to do with the short-term need to promote irrational patriotism and fear in the US population so as to divert attention away from the worsening condition of the US economy and relentless and craven austerity.

But we can be assured that the corrupt US corporate media will do its part in providing the rationale for an Iran/US conflict when the time comes. (Whether the population will buy into it a la Iraq is an open question)

As usual, I respect your organization's journalism and allegiance to authentic democracy.

Steven Hunt ecocentricsolutions@earthlink.net