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Template talk:Deep State (view source)
Revision as of 01:12, February 26, 2020
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::::::::All the roads, freeways, airports, runways, refineries and oil rigs in Saudi Arabia have been built by Americans. Whole cities to house American workers and military installations heave been built by Americans (Khobar Towers, Prince Sultan Airbase, etc.; reporter [https://saraacarter.com/about/ Sara A. Carter grew up in Saudi Arabia as child] of one of these workers) in addition to the purchase, service, and training of military equipment for the Saudi armed services.
::::::::All the roads, freeways, airports, runways, refineries and oil rigs in Saudi Arabia have been built by Americans. Whole cities to house American workers and military installations heave been built by Americans (Khobar Towers, Prince Sultan Airbase, etc.; reporter [https://saraacarter.com/about/ Sara A. Carter grew up in Saudi Arabia as child] of one of these workers) in addition to the purchase, service, and training of military equipment for the Saudi armed services.
::::::::Now, the alternative to these facts is your scenario - that without a longterm agreement replacing dollar convertibility to gold, the so-called "petrodollar agreement" - Fort Knox, a finite reserve, would have been bled dry before the end of the 1970s. Saudi Arabia could have taken its gold reserves acquired from the US and purchased infrastructure and defense contracts from the [[Soviet Union]], or any other country with the ability to supply those needed projects (UK, France, Germany, etc.). Would that have made you happy? [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|De Plorabus Unum]]</sup> 19:34, 25 February 2020 (EST)
::::::::Now, the alternative to these facts is your scenario - that without a longterm agreement replacing dollar convertibility to gold, the so-called "petrodollar agreement" - Fort Knox, a finite reserve, would have been bled dry before the end of the 1970s. Saudi Arabia could have taken its gold reserves acquired from the US and purchased infrastructure and defense contracts from the [[Soviet Union]], or any other country with the ability to supply those needed projects (UK, France, Germany, etc.). Would that have made you happy? [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|De Plorabus Unum]]</sup> 19:34, 25 February 2020 (EST)
:::::::::First off, the Saudis would ''never'' have turned to the USSR for such contracts. Saudi Arabia and the USSR were enemies during the Cold War. They had no diplomatic relations between 1938 and 1992.
:::::::::Second, the petrodollar agreement is unconstitutional. Along with the Federal Reserve, it deprives the federal government of the ability to regulate the coining and value of money, both which are enumerated powers laid out in Article I, Section VIII. I would much rather have had a solution to the gold crisis which did ''not'' undermine both the Constitution and our very sovereignty.
:::::::::Third, even if the agreement weren't unconstitutional, the consequences of it have been devastating. We are between a rock and a hard place. Unless we completely overhaul our financial system and pay off our massive debt, we are limited to two choices: either we can continue to be financial slaves to the Saudi regime, or we can commit economic suicide. And if we choose financial slavery, we will end up doing very bad things on the international stage on behalf of a very bad regime who deep down inside wants us destroyed for not submitting to Wahhabi Islam. Is that what you want? I don't want that. And since you brought up the UK, France, and Germany, I wouldn't wish such a fate upon them. I wouldn't even wish such a fate upon countries like China and Russia. --[[User:Geopolitician|Geopolitician]] ([[User talk:Geopolitician|talk]]) 20:12, 25 February 2020 (EST)