Sunday, 18 March 2012 19:03

March 20: Iranian Oil Bourse Will Start Trading Oil for Other Currencies than Dollar

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-- Ron Paul understands the issues very well. He understands that Iran's great crime is its very credible threat to U.S. dollar hegemony. The Iranian oil bourse has had a long and fitful history of rumored starts and expectations. But, in light of the unprecedented denial of access to the SWIFT transfer system, it's a "do or die" moment for Iran.

This is Iran's great crime. The issue is not the alleged pursuit of a nuclear weapon. It never has been. Just as so many of us established over four or five years, Saddam Hussein's great crime was that he intended to trade Iraqi oil in the then-viable Euro. -- MCR

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