Libya, Petro dollar and Canada

 

What relevance does Libya have for us Canadians at the moment?  Libya is old news.  Yes, old fake news. At least the reasons we were given for the invasion of Libya were fake. We were told that Muammar Gaddafi was a vicious dictator who was massacring his own people as he cared nothing for them, and needed to be stopped on humanitarian grounds.  The troika to the rescue!

 

The troika is composed of the US, NATO and the EU (and their banks). It was a moment of regime change for them. Nothing else would do. Never mind that it was under Gaddafi’s leadership (for 41 years) that Libya came to be considered the most prosperous state in Africa, and the most liberal. Gaddafi shared the oil revenues of his country with his people. Libya had free education (through university), free universal health care, encouraged women’s rights, considered housing an absolute right and had free electricity for all. Does that sound like he didn’t care for his people? But it wasn’t these progressive things that twisted the guts of the Troika. It was the gold and silver Libya held in its treasury. Nestling there was 144 tons of gold and a similar amount of silver. I wonder what happened to all that gold and silver after Libya was sacked.  Does anybody know or has it just disappeared like various huge amounts of cash just vanish between US military contractors?

 

Never mind.  Let’s stick to our subject. Which was Libyan gold and silver. The gold amount was half of what the UK possesses.  However, Libya was 1/10 of the population.  And besides nationalizing the oil industry, Gaddafi was in the process of uniting other African countries with a plan to switch from using the Petro dollar to using their own gold backed currency to be called the gold African dinar.  So of course this had to be stopped.  Regime change was it.  War was it.  Whatever it took to keep the Petro dollar safe.

 

We are still at war with any country that tries to ditch the Petro dollar.  And we are fed the same idiot reasons for these wars.  Venezuela?  We are told it’s a rotten country, kills it people, and the government has to be taken out on humanitarian grounds. We are to  Ignore the reports of Nicolas Maduro trying desperately to lift his poor out of poverty, of trying to provide education and health care for everyone, of trying to create jobs in the face of the racist, sexist, raw super capitalist opposition of the troika. And this same mind set is behind the present non-stop dangerous, disgusting verbiage against Russia, Iran and China by the troika press. These three countries are in the midst of not just talking about ditching the Petro dollar, but are in the process of doing it.  The US led troika wants to start bombing them but has to be a little more careful about regime change.  And unless we Canadians feel smug, still lingering under some kind of an illusion about being peace keepers, Canadians were part of the first bombing missions over Libya.  More next time.