Hegemony and the Iran Nuclear Issue: The Story behind the Story
By Peter Koenig
“International treaties are being held hostage by the west. There
has been a lot of interference inside Iran by Washington. The
nuclear issue is just an excuse to undermine the Islamic
Republic and has very little to do with anything else.” -
Interview with RT by Soraya Sepahpour-Ulrich, 6 April
April 10, 2015 "ICH"
statement is right on the dot. The artificially created nuclear issue –
is just an excuse for regime change… perhaps yes. But there is more to
it. While the expressed views on what the recent “Lausanne deal” really
brought for Iran and the 5+1 participants may differ widely, one must
sense that there is another story
behind the story.
detail, nobody talks about, and maybe most pundits – even honest ones –
are not aware of. In 2007 Iran was about to launch the Iranian
Oil Bourse (IOB) –
an international hydrocarbon exchange, akin to a stock exchange, where
all countries, hydrocarbon producers or not, could trade this (still)
chief energy source in euros, as an alternative to the US dollar.
course would have meant the demise of dollar hegemony – the liberation
of the world from the dollar stranglehold. This was inadmissible for
Washington. It would have meant the end of the dollar as the world’s
chief reserve currency, and giving up the instrument of coercing the
world into accepting Washington’s dictate, the tool that serves to dish
out sanctions left and right – no way!
Hundreds of billions of dollars’ worth of hydrocarbons
are traded on a daily basis; huge amounts of dollars that find no
justification in the US economy, but – they allow the FED to print money
at will – and every new dollar is a dollar of international debt,
filling the reserve coffers of nations around the world, thereby also
gradually devaluing the US currency, but barely affecting the US
As long as petrol and gas are traded in dollars – a
‘negotiated’ imposition on Saudi Arabia by Father Bush, friend of the
House of Saud, in the early 70s under the Carter Administration, in
return for military protection – and as long as the world needs
hydrocarbons to fuel its industries, so long the world will need
dollars, insane amounts of dollars. The so-called Quantitative Easing
(QE) allowed the US to print hundreds of billions, if not trillions of
dollars to finance wars and conflicts around the globe, and to fund the
relentless Zionist-Anglo-Saxon lie and propaganda machine. No problem.
It’s just debt. Debt – paradoxically carried by the very countries that
the empire eventually fights and lies to; countries which hold dollars
in their reserves.
Hardly anybody knows that the real US debt, consisting
of ‘unmet obligations’ has risen in the last 7 years from about 48
trillion to close to 130 trillion dollars in 2014 (GAO – General
Accounting Office), about seven and a half times the US GDP.
Comparatively speaking, a debt by a multiple higher than that of
‘troika’ (EU-IMF-ECB) badgered and shattered Greece.
Allowing a country like Iran destroying the US
hegemon’s power base by taking a sovereign decision to abandon the
dollar for oil and gas trading – no way. A pretext had to be invented to
surmise the country which according to George W. Bush became a link of
the axis of evil. What better than the nuclear threat – with the full
support of Israel, of course. Bolstered by worldwide media manipulation,
Iran became a nuclear menace not only for Israel and the entire region,
but also for the US of A. A threat for the empire, some 15,000 km away,
when at that time the most powerful Iranian long-range missile had a
range capacity of about 2,000 km.
This sounds almost like the latest (bad) Obama joke,
accusing Venezuela to be an imminent threat to the United States. It
would be laughable, if it wouldn’t be so sad, so criminal actually.
Because this lie is followed by economic warfare, akin to the one led
against Russia – which – eventually backfired punishing the
‘sanctioneers’ themselves, especially the Europeans. When the real
impact of the ‘sanctions’ became evident, the MSM were simply silent.
People easily forget. Without opening their eyes, they remain gullible
for the next lie.
The dollar is the ultimate pillar of the empire’s
world hegemony. Without it, it is doomed. Washington knows it. You don’t
have to look far to find similar examples to that of Iran. When Saddam
Hussein announced in the late 1990’s that he would sell Iraq’s petrol in
euros, as soon as the embargo would end in 2000, a reason had to be
found to invade his country. The WMD menace that never existed was sold
around the world, including at the UN Security Council, and – bingo –
the western media killing machine had created a motive for invading Iraq
and to murder Saddam. As if this wasn’t enough, he was suddenly linked
to 9/11 – and big miracle, Americans bought even this lie.
Muammar Gadhafi was another victim for asserting his
country’s sovereignty. He announced a new hard currency for Africa, the
Gold Dinar, backed by Libyan gold. Libyan and African hydrocarbons could
henceforth be traded in an alternative currency to the dollar, the Gold
Dinar. Gadhafi also intended to free Africans from the western predatory
telephone giants, by introducing a Libya sponsored low-price mobile
network throughout Africa. Gadhafi was atrociously murdered by CIA
handlers on 20 October 2011. Libya today is a hotbed of civil unrest and
Iran’s case is a bit more complicated. Iran has Russia
and China backing. Nevertheless, with the propaganda machine painting a
nuclear danger to the world, Iran could be brought to her knees, no
problem. No matter what logic said and still says, no matter that the 15
US key intelligence agencies assured the then Bush Administration that
Iran has no plans of manufacturing a nuclear bomb, that Iran was genuine
in using its enriched uranium for power generation and for medical
No matter that Iran’s enrichment process reached a
mere 20% purity, enough for medical purposes, but far from the 97%
required for a nuclear bomb, Iran had to be oppressed and under a web of
lies made a pariah state, a risk for the world. That’s what the average
American and European today believes. It’s a shame. Nobody openly dares
talking about the only nuclear threat in the Middle East, Israel. That
is another shame.
No matter what
the Lausanne deal is today, or next June, after three more months of
intense, but useless negotiations, no matter what a UN resolution would
say about the deal, about the lifting of sanctions – Washington will
always find a pretext to keep the stranglehold on Iran. As Soraya
Sepahpour-Ulrich said, “International treaties are being held
hostage by the west”-
there is no international compact or law that prevents the only rogue
state in the world, the atrociously criminal US empire from crushing its
way to satisfy its abject greed.
Always – that is, as long as empire survives. And yes,
the economic survival is only a question of time. Fifteen years ago some
90% of worldwide reserve holdings were kept in US dollars, or dollar
denominated securities. In 2010 the ratio shrunk to about 60%; today it
is approaching 50%. When it sinks below 50%, governments around the
globe may gradually lose confidence in the greenback, seeing it as what
it is and has been for the last 100 years, nothing else but a fraudulent
Mickey-Mouse currency at the service of a Zionist dominated western
financial system, not worth the paper it’s printed on; a currency that
has been abusing and impoverishing the ‘non-aligned’ world at will.
Iran knows it, Russia knows it – without direct
confrontation, the empire’s grip may not hold as long as the Iran deal
is planned to last, some 20 to 30 years. Therefore, the large
concessions that Iran had to make for ‘peace’ – to reduce its enrichment
process to 3.37% just enough to fuel power plants, and to sell or
transfer its stock of 20% enriched medical-grade uranium abroad – these
concessions to reach this ‘glorious’ interim agreement, are unimportant.
It is a winner for Iran, as announced by Iran’s Foreign
Minister, Mohammad Javad Zarif, as well as Russia’s Sergei Lavrov. Even
if Washington derails the agreement within the next three months, or at
any time at will, as is likely, Iran has won a battle of credibility
worldwide, as she is ready to adhere to a signed agreement, no matter
how far its sets her back.
In fact, the
rotten palaces of empire are crumbling as these lines are going to
print. Two new international Asian based development and investment
banks have been created within the last two years. The BRICS Development
Bank was signed into existence in Brazil in July 2014 by the leaders of
the 5 BRICS countries – Brazil, Russia, India, China and South Africa.
Earlier this year sponsored by China and 20 other countries, the Asian
Investment and Infrastructure Bank – AIIB, located in Shanghai, was
created. Iran is a founding member of the AIIB.
Ecuador’s Foreign Minister has also just announced
that the Venezuela sponsored Banco del Sur – development bank for the
Latin American hemisphere – will become operational in the course of
2015. These three banks are direct challenges to the Washington
dominated IMF, World Bank and IDB (Inter-American Development Bank).
Guess which ones are the most notorious ‘allies’ of Washington and which
against the will of the White House, are joining AIIB’s forty-some
membership? – They include the epitome of neoliberal Europeans – UK,
France, Germany, Italy and Switzerland.
Washington’s seemingly blind and preposterous
arrogance drives the closest allies into the ‘adversary’s camp. The FED
(Federal Reserve Bank) announced on 2 April 2015 that it fined the
German Commerzbank with 1.7 billion US dollars for dealing with Cuba,
Sudan and Iran – Washington sanctioned countries.
This can only
happen as long as all international banking transactions have to be
channeled through US banks and controlled by the Rothschild dominated
BIS – Bank for International Settlement. Russia, China and other SCO
(Shanghai Cooperation Organization) aligned countries have already
broken away from the dollar system for international contracts and money
transfers, including hydrocarbon trading. They are about to launch an
alternative to the western ruled privately owned SWIFT transfer systems.
The new system could be joined by any country wanting to break loose
from the predatory dollar claws.
When even the
staunchest stooges of empire seek alliances in the East, the writing is
on the wall, that the economic winds are shifting, that a tectonic
sea-change is in the offing and that the Iran nuclear deal, one way or
another, doesn’t really matter in the foreseeable future.
is an economist and geopolitical analyst. He is also a former World Bank
staff and worked extensively around the world in the fields of
environment and water resources. He is the author of Implosion –
An Economic Thriller about War, Environmental Destruction and Corporate
Greed – fiction based on facts and on 30 years of World Bank experience
around the globe.
Soraya Sepahpour Ulrich interview
with RT International
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