The War in Iraq Being an Oil Currency War Although completely unreported by the U.S. media and government, the answer to the Iraq enigma is simple yet shocking -- it is in large part an oil currency war. One of the core reasons for this upcoming war is this administration's goal of preventing further Organization of the Petroleum Exporting Countries (OPEC) momentum towards the euro as an oil transaction currency standard. However, in order to pre-empt OPEC, they need to gain geo-strategic control of Iraq along with its 2nd largest proven oil reserves. The second coalescing factor that is driving the Iraq war is the quiet acknowledgement by respected oil geologists and possibly this administration is the impending phenomenon known as Global "Peak Oil." This is projected to occur around 2010, with Iraq and Saudi Arabia being the final two nations to reach peak oil production. The issue of Peak Oil has been added to the scope of this essay, along with the macroeconomics of `petrodollar recycling' and the unpublicized but genuine challenge to U.S. dollar hegemony from the euro as an alternative oil transaction currency. The author advocates graduated reform of the global monetary system including a dollar/euro currency `trading band' with reserve status parity, a dual OPEC oil transaction standard, and multilateral treaties via the UN regarding energy reform. Such reforms could potentially reduce future oil currency and oil warfare. The essay ends with a reflection and critique of current US economic and foreign policies. What happens in the 2004 US elections will have a large impact on the 21st century. Revisited -- The Real Reasons for the Upcoming War With Iraq: A Macroeconomic and Geostrategic Analysis of the Unspoken Truth "If a nation expects to be ignorant and free, it expects what never was and never will be . . . The People cannot be safe without information. When the press is free, and every man is able to read, all is safe." Those words by Thomas Jefferson embody the unfortunate state of affairs that have beset our nation. As our government prepares to go to war with Iraq, our country seems unable to answer even the most basic questions about this upcoming conflict. First, why is there a lack of a broad international coalition for toppling Saddam? If Iraq's old weapons of mass destruction (WMD) program truly possessed the threat l... ... middle of paper ... ...Continuing attempts to remove Hugo Chavez appear likely. The U.S. economy has acquired significant structural imbalances, including our record-high $503 billion trade account deficit (5% of GDP), a $6.9 trillion dollar deficit (60% of GDP), and the recent return to annual budget deficits in the hundreds of billions. These imbalances are exacerbated by the Bush administration's ideologically driven tax and budget policies, which are creating enormous deficits for the rest of this decade. These factors would significantly devalue the currency of any other nation under the "rules of economics.' Why is the dollar still the predominant currency despite these structural imbalances, and why does it appear immune from our twin deficits? While many Americans assume the strength of the U.S. dollar merely rests on our economic output (GDP), the ruling elites understand that the dollar's strength is founded on two fundamentally unique advantages relative to all other hard currencies. The reality is that the "safe harbor" status of the U.S. dollar since 1945 rests on it being the international reserve currency. Thus it has assumed the role of sole currency for global oil transactions.
From September 1, 1939 to September 2, 1945, the world was witness to the most fatal war in our history. During this six year period, an estimated 78 million died. In 1940, The US, despite not having joined the war at the time, was at risk of being invaded. Franklin D. Roosevelt realized that without the help of the US, the war efforts of Great Britain and the rest of Europe were futile. However, American citizens were opposed to joining the war because of the horrors of World War 1 and the idea of those horrors being repeated. In an effort to convince the American public to take action, Roosevelt addressed the country on December 29, 1940. Roosevelt’s use of repetition and pathos within his speech, “The Great Arsenal of Democracy,” illustrated
Is a "strong" U.S. dollar always good? Is a "weak" dollar always bad? Understanding of it is a necessary in the marketplace. The terms “Strong” and “weak” dollar are a “hot topic” which is always bandied about by economists on a daily basis and also the public. This issue is so important to almost everyone.
Barlaz says, “Recycling still causes some emissions” (62). However recycling starts at home with the consumer. When people go out to buy groceries, clothes, food or any other things they should think about the purchases before they buy them. Consumers buy groceries but they chose to use plastic or paper bags. Instead of using those they could use reusable cloth bags. Some people would rather use the plastic or paper bags. If they do then they should recycle those bags instead of just throwing them away in the garbage and hoping they get in the recycling area. Recycling cans and glass jars saves energy needed to make new ones. People can save energy by recycling other things like paper and plastic. Humes says, “Recycling aluminum cans saves ninety-six percent of the energy needed to produce aluminum from bauxite ore” (260). Also, “recycling the glass jars and bottles saves twenty-one percent of the energy needed to make new glass” (260). So if everyone could start recycling their cans, glass, paper and plastic that would save us a lot of energy that would need to be used to make new ones. If we can start recycling at home that will make things much easier on the waste management plants and our world. If people don’t want to recycle at their homes and separate everything they can just put all their trash in the can and it will eventually be separated and recycled. As people become more educated about
Aside from causing a major shift in geopolitical power, WWII also solidified the integral role oil played politically in national security. However, following the war the United States was no longer the world’s largest oil producer and was unable to maintain self-sufficiency as it had in the past. As a national security imperative oil was more important at this point than ever before. America’s war machine needed to be well oiled in case the new Cold War suddenly turned hot.
Based on Santería, people are born under a guardian Orisha, or saint, that must be worshipped throughout life. Each Orisha is an aspect of one supreme god. The seven main Orishas are known as the Seven African Powers. Eleggua is the gatekeeper between life and the afterlife in heaven and is the connection between the Orishas, humans, and god. He is very powerful because without him, there would be no communication between humanity and the saints. The Catholic Saint that is associated with Eleggua is Saint Anthony, and the colors associated with him are red and black.
What does the United States have to gain from a war with Iraq? Supporters of a war with Iraq say it will help prevent the risk of an attack by a weapons of mass destruction developed by Iraq. Critics of a military action that say nothing will be gained, and the U.S. just wants to obtain the oil that Iraq controls. They claim that casualties will be too costly for America to afford. Nonetheless, America should act while others will not for fear of disturbing global peace. Iraq poses a “clear and present danger” to the security of the United States and the security of countries around the world.
“What if free people could live secure in the knowledge that their security didn’t depend upon the threat of instant U.S. retaliation to deter an enemy attack?”
Recycling helps protect the environment. Recycling creates sustainable environment. All of the wastes and all of the industrial processes creates air and water pollution. Process of recycling helps to minimize the risks of air and water pollution. It helps to solve the problem of global warming. The waste we produce come in the form of bottles, boxes, cans, refuse, furniture, clothing, paper products, packaging waste, glass, aluminum, plastic, metals and paperboard. It take so many years if we just throw them away to spoil on its own and to destroy. During the disposal process, this waste releases poisonous gases and chemicals into the environment. When the non-biodegradable products in our waste are burned, they often emit gases that deplete the ozone layer in the atmosphere, which in turn allows more ultraviolet radiation to reach our living atmosphere, giving rise to global warming and rising sea levels. Now in this present world global warming is the major issue. Like in the North Pole and South Pole the ice caps are melting. This is just because of the failure of the ozone layer to block the ultraviolet rays coming from the sun. This means we are heading to the age of global warming. We can stop
I would say that being outgoing and funny have to do a lot with my age right now. I am more outgoing now that I am a college student and with coming to a new school you have to be more outgoing to meet more people, and really enjoy making new friends. With that being funny is another thing that I believe comes with age. It’s always fun to be able to tell a joke and have your friends laugh. Being outgoing and funny are things that always will continue to grow through time though. I think that my determined and challenging characteristics definitely come from my ethnic background. Italians are very well known to argue their way through things and never let down a good challenge and are determined to complete it. I have been this way my entire life I will try my absolute hardest at anything I want to achieve just due to being so determined. These are features of my personality that I will carry through my life and they make me who I am today, and who I will be in the
To become a truly effective leader, one must encapsulate the various behaviors related to the aforementioned course learnings in his/her persona and demonstrate such behaviors daily. This course has allowed me to identify four behaviors that all leaders must portray to be effective. The first of which is that a leader must be inspirational. To do so, a leader must set the appropriate vision and direction for the organization and provide a path to achieving defined goals. Additionally, a leader must induce the proper levels of motivation so that each employee has sufficient incentive to work towards the organization’s goals. As discussed in the class, motivation can be accomplished by factors such as rewarding hard work and providing the correct opportunities to employees. While these are motivating in that employees desire to be fairly compensated and to be doing work they deem valuable, inspiration comes more from organizational culture. A leader will be inspirational by setting a tone that appreciates each employee’s contribution, no matter how small in scale it is. Further, employees are inspired when they work collaboratively in a group setting and can capitalize on individual strengths to drive organizational goals.
Some people say recycling is a waste of time. If one is a very busy person, then maybe. But taking that extra two seconds to recycle, saving energy, money, resources, and the world isn’t a bad plan either. If everyone would take the extra two seconds to recycle, the extra effort would help to make the world would be a much cleaner and more efficient place. Recycling could also help to lower taxes in the long run. Recycled materials have value, and trash costs money. A city recycling program could sell it and make money. Then, with the extra money, the city wouldn’t have to charge as much money on taxes. Now how does those two extra seconds sound now? One can better the place they live in and save some money by taking two extra seconds to recycle.
You know when you’re walking down the street, drinking your bottled soft drink or water; as you go to throw the bottle away in the trash, have you notice how many of the items in the trash are recyclable. Current reports show that about 80% of the trash that is thrown away is recyclable. Recycling is the third “R” of the three “R’s”: Reduce, Reuse, and Recycle. Recycling is defined as taking a product or material at the end of its useful life, and turning it into a usable raw material to create another product. According to Ivanhoe Broadcast News, each year the average American family throws out 2,460 pounds of paper, 540 pounds of metals, 480 pounds of glass and 480 pounds of food scraps. In conclusion the average American throws away more than 1,200 pounds of trash per year, far more than people in most other countries. I personally think that it is ridiculous how unaware and careless people are that they can’t throw an item into a different container, so it can be recycled. To a certain extent it is not just the publics’ fault; I personally believe that the government should set up and take control of the situation. Instead of sitting around as the world becomes more polluted. I believe there are many ways that we can improve this system.
Our world is getting to the point to where we will be surrounded by trash. There are hazards happening because of the excess trash, which could have been recycled. Although the government is not doing their best to make these hazards stop, surprisingly it is the non-governed organizations that are trying to make the difference. Proven studies and facts have been made about these issues, so people should take this into consideration and start recycling more. Recycling is a beneficial process that is not required globally like it should be because citizens are uneducated on the process and what it can do. People who are not recycling do not know the hazards they are causing everywhere.
Recycling is a balancing act for us, and our environment. Our views of recycling have altered a bit over the years.
An important part of recycling is conservation. Conservation helps keep unneeded waste out of landfills in the United States (Conserve Energy Future 2). As Americans, an average person throws away 4.8 pounds of waste daily. This adds up to over 1750 pounds in a year alone, for one person. In 2006, Americans generated 251 tons of waste (Riedel 11). Of this waste over 50 percent could be recycled into new materials to be used again. In doing this, recycling will tremendously