Politics Super Thread - keep it all in here

[trentrunciman]

**Why are the Saudis untouchable**

Economics

Money truly is at the heart of most if not all problems.

"Nixon’s decision in 1971 to withdraw the United States from the gold standard greatly influenced the future direction of humanity. The US dollar rose in importance from the mid-1950s to become the world reserve currency as a result of the need for countries to use the dollar in trade. One of the most consumed commodities in the world is oil, and as is well known, the price is set by OPEC in US dollars, with this organization being strongly influenced by Saudi Arabia.

It is therefore towards Riyadh that we must look in order to understand the workings of the **petrodollar**. After the dollar was withdrawn from the gold standard, Washington made an arrangement with Riyadh to price oil solely in dollars. In return, the Saudis received protection and were granted a free hand in the region. This decision forced the rest of the world to hold a high amount of US dollars in their currency reserves, requiring the purchase of US treasuries. The relationship between the US dollar and oil breathed new life to this currency, placing it at the centre of the global financial and economic system. This privileged role enjoyed by the dollar allowed the United States to finance its economy through the simple process of printing its fiat currency, relying on its credibility and supported by the petrodollar that required other countries to store reserves of US treasuries in their basket of currencies.

Nobody should delude themselves into believing that this is the only reason why Saudi-US relations are important. Washington is swimming in the money showered by Saudi lobbies, and it is doubtful that those on the receiving end of such largesse will want to make the party stop.

The agreement made between Washington and Riyadh guaranteed that the latter would receive protection from the former and Washington would look the other way regarding Riyadh’s behavior within its kingdom and in the region – so long as Saudi Arabia sold its black gold in US dollars alone.........after the Islamic revolution in Iran in 1979 (Iran’s nationalist prime minister, Mohammad Mosaddegh, had been previously overthrown by the US and UK in 1953), Riyadh and Washington decided to declare war on their common enemy, with the hearty approval of Israel. The cooperation between Riyadh and Washington became even closer in the 1980s, through the common campaign against the USSR in Afghanistan through the use of jihadists recruited, trained and armed by the Pakistan, Saudi Arabia, and the US secret services. The use of jihadist terrorism as a geopolitical weapon has been a main feature of Riyadh’s statecraft."


Small exert from - The Untouchable US-Saudi Relation Is a Core Element of US Imperialism by Federico Pieraccini

x2 Preach it :left-facing_fist: :man-bowing: :clap: :clap:

 

[trentrunciman]

**Why are the Saudis untouchable**

Economics

Money truly is at the heart of most if not all problems.

"Nixon’s decision in 1971 to withdraw the United States from the gold standard greatly influenced the future direction of humanity. The US dollar rose in importance from the mid-1950s to become the world reserve currency as a result of the need for countries to use the dollar in trade. One of the most consumed commodities in the world is oil, and as is well known, the price is set by OPEC in US dollars, with this organization being strongly influenced by Saudi Arabia.

It is therefore towards Riyadh that we must look in order to understand the workings of the **petrodollar**. After the dollar was withdrawn from the gold standard, Washington made an arrangement with Riyadh to price oil solely in dollars. In return, the Saudis received protection and were granted a free hand in the region. This decision forced the rest of the world to hold a high amount of US dollars in their currency reserves, requiring the purchase of US treasuries. The relationship between the US dollar and oil breathed new life to this currency, placing it at the centre of the global financial and economic system. This privileged role enjoyed by the dollar allowed the United States to finance its economy through the simple process of printing its fiat currency, relying on its credibility and supported by the petrodollar that required other countries to store reserves of US treasuries in their basket of currencies.

Nobody should delude themselves into believing that this is the only reason why Saudi-US relations are important. Washington is swimming in the money showered by Saudi lobbies, and it is doubtful that those on the receiving end of such largesse will want to make the party stop.

The agreement made between Washington and Riyadh guaranteed that the latter would receive protection from the former and Washington would look the other way regarding Riyadh’s behavior within its kingdom and in the region – so long as Saudi Arabia sold its black gold in US dollars alone.........after the Islamic revolution in Iran in 1979 (Iran’s nationalist prime minister, Mohammad Mosaddegh, had been previously overthrown by the US and UK in 1953), Riyadh and Washington decided to declare war on their common enemy, with the hearty approval of Israel. The cooperation between Riyadh and Washington became even closer in the 1980s, through the common campaign against the USSR in Afghanistan through the use of jihadists recruited, trained and armed by the Pakistan, Saudi Arabia, and the US secret services. The use of jihadist terrorism as a geopolitical weapon has been a main feature of Riyadh’s statecraft."


Small exert from - The Untouchable US-Saudi Relation Is a Core Element of US Imperialism by Federico Pieraccini

The Untouchable US-Saudi Relation Is a Core Element of US Imperialism by Federico Pieraccini.

Sounds like a great author with no agenda. What else is on his greatest hits album?

I personally like:
Are The US And Israel Preparing for War in The Middle East? (1/2 Iran)
Julian Assange Is Guilty Only of Revealing the Evil Soul of US Imperialism - Global Research
US Has a Plan for Eastern Syria, and It Relies on ISIS
Netanyahu Insists on Involving Israel in War: What is Moscow’s Position?
Ukraine Wants Nuclear Weapons: Will the West Bow to the Regime in Kiev?
How a United Russia, Iran and China Are Changing the World - For the Better

Can I recommend:
https://www.youtube.com/watch?v=1w2dMekIJLw

I prefer this song TBH

https://www.youtube.com/watch?v=U1mlCPMYtPk

 

[trentrunciman]

**Why are the Saudis untouchable**

Economics

Money truly is at the heart of most if not all problems.

"Nixon’s decision in 1971 to withdraw the United States from the gold standard greatly influenced the future direction of humanity. The US dollar rose in importance from the mid-1950s to become the world reserve currency as a result of the need for countries to use the dollar in trade. One of the most consumed commodities in the world is oil, and as is well known, the price is set by OPEC in US dollars, with this organization being strongly influenced by Saudi Arabia.

It is therefore towards Riyadh that we must look in order to understand the workings of the **petrodollar**. After the dollar was withdrawn from the gold standard, Washington made an arrangement with Riyadh to price oil solely in dollars. In return, the Saudis received protection and were granted a free hand in the region. This decision forced the rest of the world to hold a high amount of US dollars in their currency reserves, requiring the purchase of US treasuries. The relationship between the US dollar and oil breathed new life to this currency, placing it at the centre of the global financial and economic system. This privileged role enjoyed by the dollar allowed the United States to finance its economy through the simple process of printing its fiat currency, relying on its credibility and supported by the petrodollar that required other countries to store reserves of US treasuries in their basket of currencies.

Nobody should delude themselves into believing that this is the only reason why Saudi-US relations are important. Washington is swimming in the money showered by Saudi lobbies, and it is doubtful that those on the receiving end of such largesse will want to make the party stop.

The agreement made between Washington and Riyadh guaranteed that the latter would receive protection from the former and Washington would look the other way regarding Riyadh’s behavior within its kingdom and in the region – so long as Saudi Arabia sold its black gold in US dollars alone.........after the Islamic revolution in Iran in 1979 (Iran’s nationalist prime minister, Mohammad Mosaddegh, had been previously overthrown by the US and UK in 1953), Riyadh and Washington decided to declare war on their common enemy, with the hearty approval of Israel. The cooperation between Riyadh and Washington became even closer in the 1980s, through the common campaign against the USSR in Afghanistan through the use of jihadists recruited, trained and armed by the Pakistan, Saudi Arabia, and the US secret services. The use of jihadist terrorism as a geopolitical weapon has been a main feature of Riyadh’s statecraft."


Small exert from - The Untouchable US-Saudi Relation Is a Core Element of US Imperialism by Federico Pieraccini

The Untouchable US-Saudi Relation Is a Core Element of US Imperialism by Federico Pieraccini.

Sounds like a great author with no agenda. What else is on his greatest hits album?

I personally like:
Are The US And Israel Preparing for War in The Middle East? (1/2 Iran)
Julian Assange Is Guilty Only of Revealing the Evil Soul of US Imperialism - Global Research
US Has a Plan for Eastern Syria, and It Relies on ISIS
Netanyahu Insists on Involving Israel in War: What is Moscow’s Position?
Ukraine Wants Nuclear Weapons: Will the West Bow to the Regime in Kiev?
How a United Russia, Iran and China Are Changing the World - For the Better

Can I recommend:
https://www.youtube.com/watch?v=1w2dMekIJLw


**I guess you watch plenty of ABC**, CNN and the BBC for your balanced, unbiased and non agenda driven world view. :face_with_rolling_eyes:

funny, prior to going to HK i thought the situation would be quite dire (as according to the ABC) but there really wasnt a lot of trouble add to that i was surprised to hear a lot of locals dislike of the protesters. Same applies in Iran. So much stuff isn't even shown on ABC and media in oz. You gotta go online to find the real info. This video was doing the rounds on wechat (never shown on ABC or aus news) with the locals in HK.

https://www.youtube.com/watch?v=Dc6yIl53eyU&app=desktop

 

[Tim Sheens]


Looks like even Rupert has had enough of our PM

On another note the now common #CrimeMinisterMorrison or #ScottyFromMarketing seem to be ringing pretty true at the moment.

 

[jadtiger]


Looks like even Rupert has had enough of our PM

On another note the now common #CrimeMinisterMorrison or #ScottyFromMarketing seem to be ringing pretty true at the moment.

I would be very concerned about murdochs motives i can only imagine he is going to push dopey bigoted dutton to replace him.dutton is a man who seems to have zero conscience and would follow murdochs agenda completely

 

[OzLuke]


Looks like even Rupert has had enough of our PM

On another note the now common #CrimeMinisterMorrison or #ScottyFromMarketing seem to be ringing pretty true at the moment.

I would be very concerned about murdochs motives i can only imagine he is going to push dopey bigoted dutton to replace him.dutton is a man who seems to have zero conscience and would follow murdochs agenda completely

Between the people rorting sports grants to the lib candidate wanting to water down bestiality laws....libs are going well!!!

 

[Nelson]


Looks like even Rupert has had enough of our PM

On another note the now common #CrimeMinisterMorrison or #ScottyFromMarketing seem to be ringing pretty true at the moment.

I would be very concerned about murdochs motives i can only imagine he is going to push dopey bigoted dutton to replace him.dutton is a man who seems to have zero conscience and would follow murdochs agenda completely

No way would the libs put Dutton in. He's completely repellent to the middle (generally speaking) and they know it.

 

[Cultured_Bogan]

Scomo survived the fires gaffes, proof positive he's going nowhere.

 

[Tim Sheens]


Wonder if the "race baiting, xenophobic, religious bigot"s chief adviser has any of his relevant notes in his hand in this photo, and will a few of his party's senators take their oath even half seriously to allow them to be tested?

 

[sheer64]


Wonder if the "race baiting, xenophobic, religious bigot"s chief adviser has any of his relevant notes in his hand in this photo, and will a few of his party's senators take their oath even half seriously to allow them to be tested?

Democrats made their case to impeach, what dont you like about it?

 

[Tim Sheens]


Wonder if the "race baiting, xenophobic, religious bigot"s chief adviser has any of his relevant notes in his hand in this photo, and will a few of his party's senators take their oath even half seriously to allow them to be tested?


Democrats made their case to impeach, what dont you like about it?

Nothing major, well little apart from them not being allowed to present the central figures.

 

[Tiger5150]


Wonder if the "race baiting, xenophobic, religious bigot"s chief adviser has any of his relevant notes in his hand in this photo, and will a few of his party's senators take their oath even half seriously to allow them to be tested?


Democrats made their case to impeach, what dont you like about it?

Nothing major, well little apart from them not being allowed to present the central figures.

Why did they not subpoena them for the House process?

 

[Tim Sheens]


Wonder if the "race baiting, xenophobic, religious bigot"s chief adviser has any of his relevant notes in his hand in this photo, and will a few of his party's senators take their oath even half seriously to allow them to be tested?


Democrats made their case to impeach, what dont you like about it?

Nothing major, well little apart from them not being allowed to present the central figures.


Why did they not subpoena them for the House process?

They did issue them and they were refused under direction of the White House and well, with little to no doubt, you already know that and reasonably why they did not further persue them also. So please do not once again start arguing with fellow forumers and temporarily hijack another thread simply for the sake of it.

 

[colinbh]


Wonder if the "race baiting, xenophobic, religious bigot"s chief adviser has any of his relevant notes in his hand in this photo, and will a few of his party's senators take their oath even half seriously to allow them to be tested?


Democrats made their case to impeach, what dont you like about it?

Nothing major, well little apart from them not being allowed to present the central figures.


Why did they not subpoena them for the House process?

They did issue them and they were refused under direction of the White House and well, with little to no doubt, you already know that and reasonably why they did not further persue them also. So please do not once again start arguing with fellow forumers and temporarily hijack another thread simply for the sake of it.

Trump, who is a convicted Rapist and Felon quite entitled to invoke privilege. Dems quite entitled to go to court. They did not. Game over.

 

[Tim Sheens]

Big day in politics today, with the Greens deciding on a replacement leader and me, me, me Barnaby trying to wrestle power back his way at his first opportunity.

Meanwhile on the other side of the world, even a few of a group have lacked the backbone to hear evidence from witnesses, that further to their national agencies' earlier investigation findings that their leader's campaign had a foreign government interfere in his election, would little doubt directly show that he had done so again with another country as well, to further his chances of re-election by harming yet another opponent. That the nation's citizens overwhelmingly wanted witnesses, plus that the Senate leader and one of the loudest voices in Graham could also have been implicated makes it even more disgraceful.

Still, by attacking one particular opponent, I think they have opened up the opportunity for the only person that will actually drain that which the ultimate swamp rat and his cohorts have made even murkier over the past few years, to get the endorsement to challenge. Sanders will have to struggle against the Murdoch and other media, plus donations of the rich and corporations that will flood the country with advertising in an attempt to stop the people from voting for him, that will dwarf that of the influence similar had on our own election last year.

 

[Geo]


 

[happy_tiger]


Yes and it your fault ..fix it

 

[avocadoontoast]


FYI not one of those numbers is even close to being correct... it came from a facebook post that has been debunked thousands of times.

 

[Tim Sheens]


Yes and it your fault ..fix it

Whilst the numbers are completely wrong, you can can probably do more than him, as you are closer to one there at happy rock.

 

[Tiger5150]


Wonder if the "race baiting, xenophobic, religious bigot"s chief adviser has any of his relevant notes in his hand in this photo, and will a few of his party's senators take their oath even half seriously to allow them to be tested?


Democrats made their case to impeach, what dont you like about it?

Nothing major, well little apart from them not being allowed to present the central figures.


Why did they not subpoena them for the House process?

They did issue them and they were refused under direction of the White House and well, with little to no doubt, you already know that and reasonably why they did not further persue them also. So please do not once again start arguing with fellow forumers and temporarily hijack another thread simply for the sake of it.

A few points if that is ok with you.

1. Is this not a "Politics Super Thread"? If so would this not be the place to ...you know.....discuss politics? Is it possible to "hijack" a politics thread by discussing politics? Or is this thread only for discussing politics that you agree with?

2. Im pretty sure you do not know what a subpeona is. They did not issue subpeonas for John Bolton in the house hearings. They requested John Bolton and the Executive branch rejected those requests claiming Executive Privilege. That is when they should have issued a subpeona for him to give testimony because with a subpeona, if it is not acted on then it goes to the Supreme Court who makes a ruling on whether or not the witness has to give testimony. This is the correct process. The Democrats control the House and they should have subpeonaed Bolton for those hearings.