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OCTOBER 2021

US Holds Iraq’s Economy Hostage, Threatens To Block Vital Bank Accounts If Its Troops are Expelled

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US Holds Iraq's Economy Hostage, Threatens To Block Vital Bank Accounts If Its Troops are Expelled

US’ Al Asad air base in Iraq. Click to see full-size image

The US threatened Iraq that it risks losing access to its government bank account if Baghdad expels the US troops deployed in the country, following a US strike that assassinated Iranian General Qassem Soleimani on its soil, according to unnamed Iraqi officials, cited by the WSJ.

The State Department warned that the U.S. could shut down Iraq’s access to the country’s central bank account held at the Federal Reserve Bank of New York.

Essentially, if the report is true, it means that the US carrying out economic blackmail in order to pursue its interests and is keeping Iraq’s economy hostage.

The account in question is crucial to the management of Iraq’s oil revenues and its overall financial stability.

According to the most recent financial statement from the Central Bank of Iraq, the bank held almost $3 billion in overnight deposits at the close of 2018.

The report came a day after Trump threatened to seize $35 billion of Iraqi money held in US banks if the country insists on having American forces withdrawn from Iraq.

Trump said he had told Iraqi Prime Minister Adel Abdul-Mahdi that Iraq “should pay back the United States for its investments in the country over the past several years or the American military will stay there.

“I said, ‘If we leave, you got to pay us,'” Trump told Fox Newsin the White House. “If we leave … you have to pay us for the money we put in.”

Asked how he planned to collect money from Iraq, Trump said:

“Well, we have a lot of their money right now. We have a lot of their money. We have $35 billion of their money right now sitting in an account. And I think they’ll agree to pay. I think they’ll agree to pay. Otherwise, we’ll stay there,” he added.

On the matter of the blocking of the bank account, spokesmen for the Iraqi prime minister, its central bank and its embassy in Washington didn’t respond to requests for comment. The U.S. State and Treasury Departments and the Federal Reserve Board declined to comment.

This follows reports that, current Iraqi caretaker Prime Minister Adel Abdul-Mahdi allegedly said that Trump threatened his life and that of his Minister of Defense and threatened him with protests. The protests appear to be taking place, as per Abdul-Mahdi’s claims and he specifically resigned from his PM post due to them and as a result of the alleged threats by Trump.

Abdul-Mehdi addressed the US hostile actions against the country. For example, the politician reportedly said that the US refused to complete the infrastructure and electricity grid projects unless it is promised 50% of oil revenues. The Prime Minister refused to make the concession.

Then, when the Prime Minister visited China and reached an important agreement to undertake construction of the projects instead of the US, President Donald Trump allegedly called him, telling him to rescind the agreement with China, otherwise there would be massive demonstrations against him, that would force him out of his seat.

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Zionism = EVIL

What a surprise? the whole idea behind the invasion and destruction of Iraq was to rip of its OIL and impoverish its people. The fat orange old pimp Zionist slave has openly said, we will kick their ass and grab their gas.

FlorianGeyer

And still the UN remains silent as the pariah USA is openly and illegally occupying Iraq and part of Syria, using the open blackmail tactics of common US criminals.

https://www.youtube.com/watch?time_continue=27&v=HYc8UXhjLH0&feature=emb_logo

Zionism = EVIL

UN was created by the Americunts and the UK after WW2 to rip off global assets and then protect the Zionist cancer. The UN is now a totally Americunt controlled hegemonic farce as they deny visas to anyone who may speak out against the Zionist scum or Americunt and NATO crimes against humanity.

Jens Holm

Very strange we all are members.

Xoli Xoli

Precisely that is the ongoing hidden agenda.That is why puppet countries prefer useless UNSC meeting knowing it is cool down procedures.

zman

Yes, this is what Trump calls American values. Values that will sooner or later come back to bite us in the ass. That the US has become a pariah is well deserved…as we are naught but a criminal state. I wrote my congressman a scathing letter and told him that when it all comes home to roost, as it will sooner rather than later, that he and his fellow members will be held responsible. I also ranted about BDS and that gov officials were plainly selling our rights to Israel and asked him who he thinks he represents, us or Israel? I also mentioned that ‘patriot’ Tom Cotton was well known as an agent of Israel, selling himself for $1M. I won’t get a reply, as all they ever send is a form letter of BS.

Vitex

I suppose as British “subjects” or colonials we shouldn’t be surprised. We’ve lived under the rule of these robber barons for so long that we’ve come to think of it as normal!

FlorianGeyer

Perfidious Albion. :)

zman

Well call me stunned. My CONgressman did reply to me, even though I asked for him not to. I guess he just has to run the BS past me anyway. I won’t bother with his email, but here is my reply to him(pardon the formatting):

I originally asked for no reply simply because I knew what your

response would be, which I believe little to none of. So I’ve decided

to show you the view beyond DC and LR. The complete dichotomy between

what you said in your reply versus the rest of the world, stands in

stark contrast. As far as the first two paragraphs of your email,

there is absolutely no proof at all, these are US gov statements that

are in no way supported by any facts. That we acted on these lies was

and is criminal. The US gov and military are making quite the habit

of using lies or innuendo for the basis of attacks, sanctions and

coercion. We even sanction our allies to get our way, further

isolating us.

Your statement that Soleimani was involved in demonstrator deaths in Iraq

contradicts what the Iraqi are saying themselves, that there were

3rd party shooters. Are you also aware of the phone calls Trump made

to Mahdi? I’m sure you are, but am also sure this is to be

ignored. http://stateofthenation.co/?p=4012 But

I suppose the Iraqi PM cannot be trusted and is a liar? How strange

is it that this is the same scenario that took place in Ukraine?

Even more suspect is your assertion that Soleimani was involved in

US embassy attacks. There is ZERO proof whatsoever…only the

continued claims from US officials like yourself, which cite NO

proof. As a matter of fact, there is zero proof of many of the

claims by the US gov. Look at this picture…it is of Soleimani when

he was assisting us and keeping the Shia from attacking our troops

as well as fighting Sunni terrorists with

us.
https://www.veteranstoday.com/2020/01/06/censored-photo-shocker-general-soleimani-with-american-troops-in-iraq/ Those are US troops he is with. What short memories we have. Does the rest of the world believe us when we say he is a terrorist, in complicity with ISIS, ad nauseum? Not quite: https://www.veteranstoday.com/2020/01/08/gen-soleimanis-key-role-in-counter-terrorism-admitted-by-all-sides-australian-prof/ Then

there is this…even more enlightening for those around the

world: http://www.ronpaulinstitute.org/archives/featured-articles/2019/april/23/pompeo-finally-tells-the-truth-we-lie-we-cheat-we-steal/ That

Trump is threatening to steal Iraqi money should they demand we

leave (as well as putting sanctions on them) demonstrates to the

world that we are not much different than Mafiosos. Should they

demand payment for the deaths and birth defects caused by our use of

illegal DU munitions and oil confiscation? This

is what we should be proud of?

Your further assertion as to Assad and Soleimani is as well laughable. I

am waiting for your further assertion that Iran created ISIS and

assisted Al Qaeda in 9/11(as Pense recently said), which only those

in the US are foolish enough to believe. These claims are as

reliable as the claims of Saddams WMDs, as well as Assad using CW,

for which there was a concerted effort by us to enable attacks on a

country that did nothing to us, nor did they use

CW. http://www.ronpaulinstitute.org/archives/featured-articles/2019/november/19/the-hugely-important-opcw-scandal-keeps-unfolding-here-s-why-no-one-s-talking-about-it/ In

fact Assad helped us fight Al Qaeda and even provided rendition

prisons for us. Look what that got him and Syria. I could provide

you with links to US military officials statements that ISIS was

basically our own creation (and supported by Israel as well), which

the rest of the world and a growing number of Americans already

know. But that would be a waste of time, would it not? I could go on

about all the US and Israeli weaponry captured in the possession of

ISIS, but that would be irrelevant, right? As for imminent attack on

embassies…I guess our military is not informed of

this? https://21stcenturywire.com/2020/01/13/esper-admits-there-was-no-intelligence-for-soleimani-threat-msm-still-hostage-to-iran-narrative/

This from ISIS is informative as well, in regards your statement on

Soleimani and terrorism: https://21stcenturywire.com/2020/01/11/official-isis-newspaper-thanks-god-for-trump-killing-irans-general-soleimani/ Seems

they are quite happy Soleimani is gone, which is strange regarding

your statement.

Then there is your statement on the casualties and damage at the al-Asad

base…well, US media and gov officials seem to be at odds with

other sources, including Italian journalists (up to 80 casualties)

and even Israeli journalist Khoury, who stated that there were

upwards of 224 casualties admitted to Israeli hospital. Shortly

thereafter his accounts were canceled.​ Of course the

fact that US AD did nothing to protect is illustrative of our

ability, as the Saudis have found out. That Khomeini forbade attacks

against US citizens, that only US military should be targeted got no

press over here, did it? Or the fact that the Iranians forewarned us

what would be hit? These things do not fit the US narrative, do

they? The background for the Soleimani assassination is quite

enlightening. The fact that Soleimani was in actuality performing a

diplomatic mission and at the request from Trump through Iraqi

officials is known everywhere but in the US. http://www.ronpaulinstitute.org/archives/featured-articles/2020/january/06/iraqi-pm-reveals-soleimani-was-on-peace-mission-when-assassinated-exploding-trump-s-lie-of-imminent-attacks/

That his assassination was in fact nothing more than a backstabbing ambush, setup by the

US, is disgusting and further proof of Trumps ‘American values’. Of

course, his blackmail and coercion over payment for al-Asad is a

smoke screen designed to give us a ‘reason’ for staying in Iraq. His

further statements of taking Syrian oil to keep it from ISIS is a

joke. His later statements saying he likes oil and is going to take

it only reiterates the view world-wide of US criminality…which

Trump revels in as more American values. What an immoral joke we

have become. Every member of congress is guilty of collusion in my

view.

As for your claim to want peace for the US, it seems to omit peace for

other countries, which is sad. What is going on in Yemen is nothing

short of criminal, the deaths of thousands and the starvation of a

nation is on your heads. But Trump assures us that he stands for

American values, which are apparently for sale…even to those we

claim to be part of 9/11. Sadly, he appears to be right. The

congress and senate share complete responsibility for this. I should

also iterate that Venezuela is another of our victims, with the

admin and Congress in full complicity. Those deaths and the

attempted coup, which we have instigated, and the continued

sanctions are cause and effect for the situation in Venezuela. All

due to our regime change policies for those countries that don’t

conform to US demands.

Here is a question for you. How many in congress are dual citizens, with

Israeli citizenship? How many take large amounts of money from

Israel or their orgs? Has any Arkansas gov official? Is there an

Arkansas official that received $1M donation from Israel, for which

they got a letter penned to Iran over the JCPOA and an invitation

for the Israeli PM to speak before congress? I think you know who I

am referring to. How is that representing us? How is taking the

Israeli oath of citizenship, wherein it states that Israel is their

first concern, representing America? Then the resolution passed in

Arkansas in relation to BDS? similar to the requirement for Texans

to sign an affidavit in support of Israel before receiving gov

monies? https://www.jta.org/2017/10/22/united-states/confusion-over-state-law-led-texas-town-to-require-no-boycott-against-israel-pledge Where

does the government and our representatives get off telling US

citizens who they can or can not support? These so-called laws are

absolutely unconstitutional and will be over turned, sooner or

later. Hopefully, those that vote for and encourage these types of

resolutions or laws will get their just rewards. Does asking these

questions make me anti-semitic and not America first?

In the end, I knew what your reply would be and you certainly did not

disappoint. I also have no illusions that you do not already know

all of this, regardless of your email. All of congress knows the

truth, the same as all western governments know. To say that I (and

a lot of others) are looking forward to the next election would be

an understatement.

FlorianGeyer

Wow. I am really impressed with your letter’ Did you get a reply to that yet ? :)

Is your congressman one of the 96% who are also dual Israeli citizens?

Well done, zman.

zman

Yes, I got a reply…another ‘form’ letter (he calls them updates, hah). They never address questions they might have to own up to. As for the dual citizen, don’t know, he avoided that subject like the plague. Searching for this, you only get Dems, no Repugs listed…as if there are no Repug duals. Strange how they don’t seem to want to own up to that. I may not know if he’s a dual cit, but he is a evangelistic POS, that is for certain. I thought it was appropo that the initials for dual citizen is the same for the swamp, DC.

FlorianGeyer

It takes a criminal mind to be a US politician these days, with very few exceptions.

zman

I think there is only one (or 2) politician I would trust at this point and she is an immigrant from Somalia. I’m surprised she is still alive.

Ashok Varma

The dollar is finished anyway as US will have smaller economy than India in the next 5 years. A basket of Asian currencies should replace the dying dollar.

Marcus Porcius Cato

Some “central bank” Iraq has! All Iraq has is a bank account at the Federal Reserve Bank of New York, and Iraq is to be treated the way American banks routinely treat their customers. Pretty much says it all.

Zionism = EVIL

That was the whole idea, any country that tries to decouple its economy from the dollar is attacked. This was Saddam and Kaddafi’s biggest crime. Russia and China also play along with the Americunts as their economic interests are linked as Jew oligarchs control Russia and China is only interested in money dola, dola.

If the Iraqis don’t join the new Russian clearinghouse system and get away from the dollar control, then they are insane. China could make itself a real hero by stepping in to ease the transition.

Zionism = EVIL

Exactly, China, Russia and Iran combined have large economies and can easily create a Eurasia based monetary system that uses bi-lateral and multi-lateral currency swaps and barter. It would actually benefit most of the developing nations, but so far they have done fuckall.

bob

They’ve done nothing because they’re vastly overrated

Only China matters,and they don’t care about getting dragged into the swamp with these other deadbeats

BlueHeadLizard

Absolutely, Iraq Central Bank needs to set up its main account for receipts going forward with another country out of reach of US sanctions. That probably means Russia, or maybe China. Western Europe even neutral Switzerland no way, as they bow to whatever USA says.

Also it should start sell its Oil in none USA currency or bater its oil for reconstruction; probably such discussions already in play with China.

The USD 3bn at the Federal Bank of NY should be used for expense payments to run down the balance. This may be difficult as I suspect the signatories are US officials; I think they were put in place after the Iraq invasion. Losing that USD 3bn may be the price of freedom; Iraq’s future revenue from its high quality (real, not shale) oil in the ground is worth many times more than that.

d'Artagnan

IMF, World Bank, Fed Reserve and Jew run Bilderberg banks are part of the global plunder of the developing world. It is just neo-colonialism cloaked in globalization.

RAAS

The first thing they installed in Libya after it was bombed to resemble Swiss cheese was a Zionists-controlled Central bank. The first thing they installed in South Africa after Afrikaner government was replaced was a Zionists-controlled central bank. Iraq is no different.

Vitex

The Afrikaners warned South Africans of ‘die rooi gevaar’ (the Red danger) and we laughed at them. But they were right – the ZOG used “liberation” to “liberate” the ZA economy. And now they are running their normal pattern of white genocide in South Africa just like they do everywhere – Ukraine in the 1920s, Germany after the war, Europe now. Cultural marxism is still Marxism, and we know who came up with Marxism. Oh, and I forgot, the Afrikaners were the first nation put in “Death Camps” by the ZOG. Not many people know that. That’s what you get for being in the white Christian minority, and resisting the City of London

<>

Good, Iraq can’t expel U.S troops and then ask for financial help. Let Iran help them if they like them so much.

Issam

It’s their money xD

<>

What about the U.S money? the billions of dollars the U.S has lost in order to save Iraq from ISIS. Suddenly it doesn’t count right? the U.S must demand compensations from Iraq for the loss of American lives and equipment. Also, what about Lebanon Issam? why doesn’t Iran pay your debts? you worship them afterall.

d'Artagnan

Iran saved Iraq from both Zionists and US occupation forces and hopefully soon the whole region will be free of both US and Zionists. It is the Bilderberg Jew banks like Goldman Sachs that are bankrupting European states.

<>

Goodluck with that, just tell me who’s gonna remove us?

bob

They couldn’t remove the stains from the mullapants scandal, you know the Ukrainian plane shootng

What a shower of shite!

BlueHeadLizard

US taxpayers and voters when they wake up to how much its costing them.

<>

So we won’t get money, you think that is what will make us suddenly love the Palis more? we will just make them pay more for whatever services we give them, or else we cut down their water and electricity in the winter. Don’t push us too much, it might backfire on you more than us.

BlueHeadLizard

“…….else we cut down their water and electricity in the winter……..”
Iron_Zion -> keep up the good work ‘wining hearts and minds’ like our best pal G W Bush.
https://www.cbsnews.com/news/winning-hearts-and-minds/
Building friendships for life.

Ashok Varma

Your history of deceit through ages does not have a stellar record and people have hated Jews, so don’t boast hiding behind a naive and gullible US. In India Jews simply disappeared.

AJ

Compensation! – What about the billions Iraq lost with an illegal invasion which destroyed a huge amount of infrastructure that still has not been repaired.

d'Artagnan

One million plus Iraqis, including half a million children were also killed by US sanctions and invasion.

<>

Compensation with interests, Iraq will pay with their oil for every fallen or injured American. Till they are done to pay their debt, the U.S has all the right to stay in iraq.

bob

Iron i reckon I’m gonna get banned soon

Good luck mate!

<>

Why mate? what happened?

bob

I’ve just got a feeling somehow these jerk off idiots will go crying off to the kremlin who run this propaganda site

They can only stand so much

<>

Nah bro, I wouldn’t be so worried about the Kremlin. The people here just love to hate everything that talks about the U.S , NATO or Israel. Don’t take them too seriously, I don’t. Just ask them one question, Do people move to the West from Russia or to Russia from the west? we know the answer. Pet shop boys already sang about it.

bob

We do indeed my friend?

bob

They think Iraq should be compensated what a joke!

Iraq is a horribly corrupt place made worse due to the Iranian theocratic dictatorship influence

You’re right they should send the bill to Iran for all those recently gunned down by pro Iranian scum

<>

Exactly bob, so many deluded people here lol.

bob

I love it though, they’re frankly barmy with hate

Anyway heres a bit of insider info for you,be prepared for something coming soon about a covert cyber attack or some such thing, probably blaming Israel or America,probably booth for the shoot down of this Ukraine plane

Apparently the renowned journalist Pepe Escobar has insiders info,sounds like he’s probably got himself locked in a cupboard with David Icke!

But stand by all the same

<>

They blame us all the time, we’re used to it ;-)

BlueHeadLizard

If USA stayed at home there would be no blame. Quite easy really.

Wayne Nicholson

“Iraq is a horribly corrupt place”

Considering the objective of the Iraq invasion in 2003 was to free the iraqi’s from tyranny and replace Saddam with a western style democracy who is actually to blame for iraq being “a corrupt place”

I remember the pallets of US $100 bills being unloaded after the invasion so who is really responsible for the corruption in Iraq?

The USA remade Iraq in their own image …. are you really surprised by the shit show it’s become?

bob

It must be the gazillions of cigar chomping evil imperialist capitalist scum !

Wayne Nicholson

Judging by the bubble that are US stocks at the moment and feds efforts to pour gasoline on that dumpster fire I would say you hit the nail on the head …. so nice we agree for once.

Smart money says Trump is trying to keep the dumpster fire going until reelection but I I don’t think that’s possible.

I predict Q1 2020 Duetche bank folds starting another financial crisis and Q2 – Q3 2020 the stock market crashes and Trumps “cigar chomping evil imperialist capitalist scum” buddies are going to short it with their inside info from Trump.

Being a simple working man with limited stock holdings my predictions are worth about as much as the fake name I post under but lets just see what happens.

bob

You need to get yourself an allotment mate, grow you’re own, become a prepper, or green pepper,or whatever they’re called, store water, watch some Steven seagull films, learn how to make wiz bangs out of microwave ovens,get some face cam cream,practice your war face!

Get in touch with David Icke, don’t trust the internet,or TV,or vlad Putin he’s a green lizard
FFS just top yourself and save your time!

Wayne Nicholson

I’m a country boy …. of course I grow my own food, hunt and fish. That’s just common sense.

I’m just curious how a post about the stock market got you talking about preppers? You do know that market economies go into recession every 8 years or so and it’s been 12 years since the last one?

I have to admit that having money to manage is a burden. Having to learn about investing is hard, even for smart people let alone some poor limey internet troll. It’s true that ignorance is bliss.

bob

Yup those smart people sure do make some big f@#k ups

Well you’re not really smart, so I’d keep up with your shovel work

Don’t forget to use your gloves,wouldn’t want those dainghty fingers getting blisters

Wayne Nicholson

“Don’t forget to use your gloves,wouldn’t want those dainghty fingers getting blisters”

Likewise brave keyboard warrior, shift your weight to keep from getting ass callouses and change hands when surfing porn so you don’t get carpal tunnel.

bob

You should know

Wayne Nicholson

Yea my friends have kids like you.

BlueHeadLizard

Why stay if Iraq is a ‘horrible corrupt place’? US and the other trainee NATO troops are welcome to leave, no point in hanging around such a horrible corrupt place.

Ashok Varma

You Jews are full of hate.

Wayne Nicholson

You break it you bought it.

The USA invaded Iraq illegally in 2003. Iraq has a case for war reparations. The USA declared recently they no longer acknowledge International courts as legitimate but the fact still remains they are liable to replace what they destroyed.

The first acts of the US invasion was to destroy Iraq’s electrical grid and water and sewage treatment plants. They also turned Fallujah into rubble for the crime of resisting.

BlueHeadLizard

ISIS did not exist until USA invaded Iraq and disbanded its army.

Tell you what lets call it quits. USA give back Iraq is USD3bn and leave so saving US tax payers billions over the next few years. Iraq sorts outs its problems and the US troops go back home to sort their own US domestic violence issues like regular machine gunning of kids at school, guns for all and a police force who kill 3 citizens per day.

<>

Are you kidding me? USA should pay Iraq? right. Iraq needs to give back the U.S 1-2 TRILLION DOLLARS. Can they pay it? fine then no problem the U.S can go back.

BlueHeadLizard

Most sane people would say it is the other way around; USA owns Iraq USD 2 trillion for war and sanctions damages; Vietnam and Korea as well. But tell you what so we all calm down: for now USA goes home to leave Iraq and its neighbours to sort things out themselves.

Zionism = EVIL

The filthy grubby Jew parasitic fucks would say that wouldn’t they :)

bob

Yup the Iranian theocratic dictatorship will certainly know how to extract profit and loot the Iraqi economy

The theocratic dictatorship basically want to rob Iraq, essentially its a low grade form of imperialism and their proxies are trying to colonize the place for Greater Iran, you know its basically the old Hitler expansion mode,and it’s looking like it’ll end up the same way,ie failing

BlueHeadLizard

What USA does now basically?

bob

But that doesn’t mean the Iranian theocratic dictatorship can join in does it

BlueHeadLizard

Iraqi people are going to have way more say in their future with their neighbours; Iran and others; than with USA, an alien culture and hostile aggressive coloniser form the other end of the planet, that has shown it has absolutely no interest in the well being of Iraq or any countries around it.

Wayne Nicholson

I put my money on China stepping in. Part of the recent friction between Iraq and Iran was because Iraq approached China to replace the USA rebuilding infrastructure after trump tried to shake them down by demanding 50% of iraqi oil revenues.

You can bet Adel Abdul-Mahdi is on the phone to China right now discussing terms.

verner

take back control of the oil and the revenue from that source. expel the disunited arses of A and close down the embassy and take it from there, with hardship and so on, like the iranians have been forced to accept due to the american sanctions. everyone knows the sanctions cause some hardship but sanctions mostly fail and if the oil is brought back into bagdad’s control the shortfall in the world market would be embarrassing for washington dc, particularly now that it has dawned on the arses in washington dc that the tight oil extraction is coming to a rapid end and that importation of crudes/products will have to be resumed within the next 5 years. so the time frame for iraq to get rid of the americans is no more than a couple of years, and we will see more unrest in venezuela since it’s the crude availability closest to the disunited states of A.

Mehmet Aslanak

Bolton, backed by the ruling elite of the US, would have been ashamed of Trump, if he had lost Iraqi oil wells while trying to capture Iranian oil fields.

d'Artagnan

US is running a Shylock style global financial extortion racket that needs to be dismantled.

bob

The caretaker Prime minister,says it all really!

What they should do is call him the puppet of the Iranian theocratic dictatorship minister

BlueHeadLizard

“….Iraq’s access to the country’s central bank account held at the Federal Reserve Bank of New York…..”

“……US refused to complete the infrastructure and electricity grid projects unless it is promised 50% of oil revenues……..” – > that’s what UK did to India when it was a colony; take all is gold, silver and zinc away and then force India to buy UK goods.

We thought colonies were over 60 years ago with the end of the Europe empires, but its official, Iraq is a colony of USA. Iraqi people; welcome to the land of the free and the American dream.

John

Good, get all of the games out in the open. Iraq will be fine in the end.

BlueHeadLizard

– All Iraq’s money is with the Federal bank of NY in USD.

– Iraq is occupied by US forces.

– The POTUS wants 50% of Iraq’s oil revenue its main resource.
– Iraq has to contract with USA firms for reconstruction and all infrastructure work.

Does that mean Iraq is part of USA? Can all Iraqis apply for a US passport? Can Iraq elect senators and congress and participate in US elections?

goingbrokes

Good questions. The answer is of course that they are now the new Puerto Ricans, who are nominally part of US, have to serve in the US military etc. but cannot trade independently of US, and generally speaking have no freedoms. The vaunted democracy at work.

BlueHeadLizard

Thanks for apt comparison with Puerto Rico.

Funny one of the main arguments of US Independence from UK was “No Taxation without Representation”. Looks like it does not apply to USA’s colonies.

BlueHeadLizard

“….U.S. Warns Iraq It Risks Losing Access to Key Bank Account if Troops Told to Leave……” the WSJ says.

So the Petro Dollar of the last 50 years is reliant on half a dozen military bases in the ME, with about 60-80k troops have just hit with missiles for the first time (excepting an Iraqi scud or 2), and have angry mobs outside. Its time to ditch the USD, and probably many currencies who’s Central Bank holds US reserves.

Azriel Herskowitz

The US should choke them out with sanctions if Iraq continues to follow the Mullah’s commands. Destroy their economy, they will deserve it.

Azriel Herskowitz

Better yet, US should take their oilfields and funnel it back to the US so it can be traded to the world market.

Ishyrion Av

Since jews are not the chosen people anymore, seems their intelligence dropped suddenly. I wonder how can some specimens like you can still breath. Probably you’ll forget this too, soon.

Ashok Varma

They never were, self anointed wankers as every religion is man made. Hinduism has thousands of “gods” as living creatures. The Abrahamic desert religions are crazy and violent.

goingbrokes

Lol! No no no, they should give it all back to the Iraqis who it belongs to. Don’t incite people to commit international crimes, you naughty boy.

Vitex

This is really what it’s all about. Time for Iraq to abandon the dollar zone. And tell the extortioners to fuck off. It is no coincidence that the countries that have some sort of banking sovereignty are under attack from the “free” west

You can call me Al

Yanker twats.

goingbrokes

And so the facts about why Iraq “needs” to keep US troops in the country is revealed. Iraqi Government bank account is held at Federal Reserve, New York, and can be cut off from its own account on a whim. WOW, this is the slave drivers chain and the whip. The US occupation force is just the attack dog keeping locals in check. It should be clear for everyone to see now how the International Central Banking cartel is behind all the events in the ME.
And once again: Economic Sanctions should be classed as a weapon of Mass Destruction, and also an act of war, and also an equivalent to a declaration of war. Everything else is just fluff.

Ma_Laoshi

Honest is best, right? Once more, Trump is openly saying what all US governments have done for a long time. If Iraqis hold their central bank account with the FRBNY, the joke is on them for playing along. One may cut Iraq come slack for being invaded and occupied, though the second time round, with the rise of ISIS, Iraq invited its occupiers in.

Venezuela, with no comparable catastrophes befalling it, also kept key assets in the US, with similar results.

Davki

This goes to the core of it all. The only way countries can regain some degree of emancipation is to break free from the banking system.

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