News & Analysis
Fall of Saudi Arabia to End Dollar Reserve System?
There is a social media revolution in Saudi Arabia ... Ten million Saudis are online, 3 million belong to Facebook, and Twitter feeds are up more than 400 percent. Recently, many tweets and posts have been focused on the uprising in Tunisia. In fact, Saudi's social media activists spread videos and news updates at the peak of the street protests — and the interest has stayed high ever since. And, now, Saudi bloggers have added the unrest in Cairo to the topics receiving much attention. Will the Saudi government clamp down on this free-wheeling speech after Tunisia's social media movement helped to bring down a government? It's one of the big questions ahead for Saudi Arabia. How this authoritarian regime will live with the freedom and chaos that the Internet represents. ... The Internet poses a challenge for this conservative, mostly religious society. – National Public Radio
Dominant Social Theme: The Jasmine revolution spread unexpectedly.
Free-Market Analysis: The civil unrest in Egypt is growing fiercer. Electronic communications have been shut down throughout Egypt and massive demonstrations have been planned for today. A changing of the guard in Egypt would be a massive political shift indeed, but what if the disturbances don't stop there? What if they ultimately spread to Saudi Arabia and end up bringing down the dollar reserve system?
We suggest this possibility because we believe there are larger forces at work in the Middle East. Could it be that the power elite itself is inciting these disturbances? Is the idea, eventually, to crash the dollar and set up a global currency in its place?
The dollar reserve system is propped up by Saudi Arabia's willingness to restrict the purchase of oil to dollars, a system that has been in place since US President Richard Nixon abrogated what remained of the gold standard in 1971. But the PE is notoriously unsentimental. The Saudi elite has grown enormously wealthy from its relationship with the US and now, perhaps, for the good of a new world order, it is time for them to go.
Sure it's a tenuous hypothesis; but we are merely attempting a logical extrapolation, trying out different scenarios. We don't put anything past the power elite anymore. Not since it occurred to us that the NASA moon landings might have been faked; not since we discovered the CIA carried out operations to foment communist radicalism in Europe via Operation Gladio 40 years ago; or that through Project Mockingbird, the CIA enlisted the help of America's major media to propagate Cold War paranoia. The goal is always world domination by a tiny, Anglo-American elite. In a previous article, we wrote the following:
We've already reported suspicions that the Tunisia unrest was likely aided by CIA; we've suggested that the idea is to construct a Muslim enemy that the West can generally agitate against. One hundred Al Qaeda in Afghanistan are not doing the trick. The Pentagon's budget is in danger of being cut – and hard. A more formidable enemy is called for. And now the Middle East is ablaze.
We believed that in Tunisia, sooner or later there would be a militant Muslim outpouring even if Tunisia is generally secular. No sooner had we suggested this, then there were reports that the Tunisian Islamic leader Rachid Ghannouchi was prepared to return home from Britain where he had lived for 20 years. "He is preparing to revive his Islamic party formally, even though he denies any political ambitions himself," we wrote. You can see it here:
In this article, we'll examine the unrest and how it may aid the Western power elites in their quest for ever-closer global governance. We have already hypothesized that these manipulated revolutions (if they are fully realized) will give rise to Islamic states. Now we will further explore the idea that the West is hoping to install a variety of "democratic" regimes – many of them perhaps "national unity governments," with Islamic overtones. These overthrows might accomplish numerous purposes, including the furtherance of elite globalism.
The power elite has always had an affection for national unity governments and there is one in Britain today. In America, on and off, there is much chatter about Democratic and Republican unity. The idea is that by reasoning together, opponents can build better and more efficient governments – that do more things for more people. Thus, we can argue that the national unity governments being discussed in the Middle East (and implemented in Tunisia) may be meant to serve as a template for other countries as dictators are inevitably deposed.
As a blog dedicated to analyzing the elite's dominant social themes, we understand that almost every promotion is likely related to another. Thus the global warming fraud was supposed to kick off a food and water shortage. In fact, these scarcity promotions are underway, but since the global warming meme has all-but-collapsed, nothing is really supporting them. This is the power of the Internet; its truth telling is wreaking havoc with elite story-telling. It is hard to build a one-world government when each of your fear-based promotions comes under intense scrutiny and exposure.
What's going on in the Middle Eastern is a mélange of elite promotions. The one that stands out the most is WikiLeaks. There was a determined effort to place WikiLeaks at the front of the Tunisian unrest by claiming that its exposure of strongman Ben Ali's corruption had pushed the Tunisians to rebel. Not only is this a patronizing perspective, it is one that has been rebutted in various places on the ‘Net. The Tunisian revolution may have been encouraged by Western intel, but Tunisians needed no outside information to explain the corruption of their country to them.
The WikiLeaks sub dominant theme seems to have been dropped. But the Jasmine revolution is spreading. The website Popdecoy sums it up for us as follows: "The protests in Tunisia that led to toppling of President Zine al-Abidine Ben Ali have inspired demonstrators from Morocco to Yemen. The Tunisian who tipped events off, Bouazizi, was an unemployed university graduate who doused himself with petrol and set himself alight in the city of Sidi Bouzid on December 17. He was protesting official harassment of his street-side produce business, but his act quickly came to symbolize government abuse and the absence of economic opportunity. Thereafter, clashes broke out in Algeria [and many other countries]."
It's uncanny how Western powers first predicted the unrest; and it's surprising how they seemingly abetted it. Way back on January 12, Secretary of State Hillary Clinton finished a four-nation tour of the Middle East and then gave a "rousing speech" in Doha. The New York Post reported she told Arab leaders that they "can expect to face growing unrest, extremism and even rebellion if they fail to quickly address depleting oil and water reserves and to enact real economic and political reform."
At the Forum for the Future Conference in Doha, Qatar's capital, Clinton pointed out that many Middle East regimes were "sinking in the sand" and that change was absolutely necessary. "The new and dynamic Middle East needs firmer ground if it is to take root and grow everywhere." She also asserted, the Post noted, that economic and political space must be made for the Arab world's women, minorities and exploding youth population.
A few days later, protests struck Tunisia and Ben Ali fled to Britain. A national unity government came together suddenly and various concrete steps were taken to install "real" democracy in Tunisia. As part of the evolution of this process, the Tunisian army has kept the peace but not interfered with politics. The police have been progressively less aggressive, to the point of taking the side of the protestors in some cases.
This would seem to suit the West; in fact Western leaders have ever-more emphatically been warning established Middle East leaders that they ought not to merely suppress protest but should tolerate them and even seek to accommodate the goals stated by protestors. This was Hillary Clinton's point, but it is not hers alone.
According to CBC news, Canadian Prime Minister Stephen Harper discussed the protests in the Middle East with Moroccan Prime Minister Abbas el Fassi in Rabat, Morocco, on Wednesday and "offered support on Thursday for democratic protests taking place in the Middle East." Harper added, "We want to see democratic development in [Egypt] as well. We're very supportive of that ... We support the democratic development that is taking place there and obviously want to see that proceed positively," Harper said. Harper also stressed that members of the former regime of Ben Ali are not welcome in Canada.
Britain chimed in too. In an article entitled, "Britain Foreign Secretary Calls for Reform in Middle East" the BBC reported that Foreign Secretary William Hague urged the Egyptian government "to move towards political reform in order to calm growing unrest." In an interview on Thursday, British Foreign Secretary William Hague said the Egyptian government should heed demands for change. "I do think that it is important in this situation to respond positively to legitimate demands for reform, to move towards openness and transparency and greater political freedom and that would be my advice to Egyptian leaders and to many others around the Arab world."
Ah, there's that word again ... "Transparency." We've identified it as a special word that seems to have unusual Import. Julian Assange of WikiLeaks is interested in a more transparent world – and especially more transparency in government. So is William Hague. And doubtless Hillary Clinton. You can read the articles on transparency here:
All these revolutions coming at once are almost too good to be true. And perhaps they are. There is some violence – especially in Egypt – but it seems like the dictator has forgotten how to be merciless. (Or at least has taken some time to work himself up to a fever pitch.) Are these regimes being pressured? Is it possible after 30 years that the West wants to make a clean sweep of its puppet states in the Middle East?
All this is speculation. We are meme watchers not mind readers and Egypt and other countries in the Middle East may or may not topple old regimes. But we do keep in mind the goals of the Western power elite and try to analyze their influences and promotions around the world. It is not merely a hypothetical exercise. The Egyptian stock market is down sharply and one may make profitable investments by betting on either the current regime's survival or its disappearance.
Conclusion: If the revolution reaches all the way to Saudi Arabia – and if this is the elite's intention (to blow up the price of oil while fatally wounding the dollar) – then heaven-help the world's commodity prices. Isolate the memes of the elite within a free-market context, determine the potential for success or failure and then make corresponding, judicious bets. As always we recommend (to your attention) gold and silver.
Posted by Adrian W. on 02/02/11 05:52 AM
Click to view link
Posted by Abraham on 01/31/11 11:22 AM
It's a mistake to think these uprisings are all part of a plan. They may be playing into plans, but they are organic. Arabs are not dumb. They were simply biding their time for the right moment.
They know what's going on. They know the machinations of the dirty zionists and their evil American enablers. Don't ascribe the naivete and ignorance of the American populace to the Arabs. They are infinitely wiser. They will win their freedom, and in the process, yours.
Posted by Vauung on 01/31/11 12:07 AM
Yes, the cultural, commercial and industrial achievements of the Islamic world are indeed awesome. It's no wonder the Chinese are so envious.
Posted by June on 01/30/11 02:08 PM
interesting, but to propose gold and silver replace petroleum is a bit rich! ;D the creation of money is the job of government. support monetary reform: Click to view link
Posted by Muslim on 01/30/11 08:30 AM
Ok. If there is one slogan to clarify all this Middle East turmoil to you people in the west it would be "West is Toast."
Posted by Eric on 01/30/11 06:37 AM
"there's that word again ... "Transparency." We've identified it as a special word that seems to have unusual Import."
Kudos to the DB elfs!
The whole concept of transparency is obviously being replaced by new "openness" processes and procedures that do nothing towards enhancing visibility. "openness" becomes "engage whitewash". The meaning of "transparency" is targeted for neutralization by sociopaths though its de-linkage from existing actions and its re-linkage to other less-than-transparent actions.
Posted by Cj Coates on 01/30/11 06:32 AM
CIA involved in Egypt and Tunisa. Maybe Bradly Manning works for the CIA.
Did you see the Jan/Feb F.P. story on Mubarack, it is uncanny that they highlight that he is a laughing stock, and a hasbeen..and now..he looks like a dictator on the way out.
So the protests started in Greece...and jumped over to Tunisia, and over to Egypt, and the next place to land in the Med is Spain??
Reply from The Daily Bell
Just like the sovereign crisis? Global plagues of politics and ruin? And FP anticipated it all. Just like they were writing articles back in the 1970s of an upcoming clash of civilizations between Islam and the West ...
Posted by Jackie on 01/30/11 05:58 AM
So much history, so many opinions, so much pain.
What is the answer?
Reply from The Daily Bell
Posted by Franky on 01/30/11 01:51 AM
Ah, well, you can't have WWIII without widespread islamic stupidity.
Posted by Bob on 01/30/11 12:17 AM
I agree with Harper and Clinton's calls for allowing the peoples voices to be heard and for more Tranparency; if only they believed in those principles in their own countries. Perhaps if we all took to the streets they might listen to us as well? haha...I suppose I can dream...I remember how Harper "listened" to the protesters in Toronto by illegally detaining them and usurping their rights...oh but that was just a "misunderstanding " of the law.
Posted by Ehswan on 01/29/11 10:28 PM
Posted by Richard on 01/29/11 08:07 PM
I cannot see the "elite" making a horrendous decision such as outlined. You would have to be drawing for the last Ace or Royal Flush.
Posted by Karrol Steeves on 01/29/11 05:50 PM
I have been reading your articles for the last 3 or 4 months. Bravo on your out of the box thinking.
Concerning the faked Apollo moon landings. According to my sources only Apollo 11 was faked in an attempt to beat the Russians to the moon. The rest of the missions were genuine. If you are interested in looking at my sources shoot me an email, I would be glad to provide you with some interesting source material.
Reply from The Daily Bell
Seriously? One was faked the rest were real? That doesn't sound right to us, but we are intrigued. Can you share your sources with the rest of the Bell audience? If so, post away. You can use this thread.
Posted by Xreader on 01/29/11 04:14 PM
A very funny read, if you find misinformed opinions funny. The writer seems surprised that the U.S. Government knew about potential unrest days before it happened (even though it has been widely reported for years that populations throughout the Middle East were a tinderbox ready to explode due to poverty and corrupt governments).
But it does play into the conspiracy theory underlying the article. Throw in a "global warming fraud" reference for good measure, then blame the CIA based on other vaguely referenced writings that are as probably as authoritative as this one, and you have one big useless article and waste of internet space.
Your fantasies are barely entertaining, it wasn't even a good try.
Reply from The Daily Bell
The writer seems surprised that the U.S. Government knew about potential unrest days before it happened (even though it has been widely reported for years that populations throughout the Middle East were a tinderbox ready to explode due to poverty and corrupt governments).
DB: The article refers to Operations Gladio and Mockingbird, which are documented CIA black ops aimed at the middle classes of Europe and America. Now it turns out that the US has been training Egyptian youth to overthrow their own government for at least two years - and probably a lot longer. (The only thing more dangerous than being an "enemy" of the Anglosphere is being its friend.) No doubt other Middle Eastern entities will topple as well - and the US will be involved there too, "coincidentally." You will find it "funny." You have a strange sense of humor.
But it does play into the conspiracy theory underlying the article.
DB: It doesn't "play" into anything. The US now has 16 separate spy agencies in Washington DC - mostly spying on US citizens - and so many spies and black ops budgets that the Washington Post recently ran an article on how out-of-control it all was.
Throw in a "global warming fraud" reference for good measure, then blame the CIA based on other vaguely referenced writings that are as probably as authoritative as this one, and you have one big useless article and waste of internet space.
DB: So you believe in global warming as well? No doubt you've detected a warming trend as the US and Britain suffer through horribly cold winters. Oh, wait a minute - global warming is causing those frigid temperatures, isn't it?
DB: The CIA references are not "vaguely" referenced at all. Just Google Operation Gladio. You'll find 70,000 cites. Or how about Operation Northwoods, where America's leaders contemplated various kinds of terror attacks on American cities to generate sentiment for an invasion of Cuba. (35,000 cites.)
Your fantasies are barely entertaining, it wasn't even a good try.
DB: Your rebuttal is undermined by your general lack of knowledge on these issues. Also by your apparent assumption that the Internet has not revealed the "black ops" malfeasance that lies at the heart of so much of what the US government does to its own people. Post-Internet, your type of disinformation seems merely pathetic. Go ahead and make the argument that Washington DC is a blessed spot, bereft of criminality. Then go spit in the wind.
Posted by David on 01/29/11 12:28 PM
The entire situation is, as usual, about Isreal. The new map that Isreal wants is from the Nile to the Euphrates, all of Syria,Jordan,Lebbanon,and the northern third of Saudi Arabia. Hate to be a negative nellie. As I have said before, the game is almost over, prepair to die.
Posted by John Danforth on 01/29/11 12:18 PM
Nicely said, Bill Ross.
Posted by Grekko on 01/29/11 07:50 AM
End of the petro-dollar? The time is near. Prepare thyselves, Americans! Soon enough we'll see the internet cut here as well. That will be the match that lights the fires of revolution.
Posted by Bill Ross on 01/29/11 06:44 AM
I should point out, for those of the false "might is right" philosophy, the power that is being balanced is:
"The right of every individual human being to CHOOSE to LIVE subject to not infringing the EQUAL rights of other individuals (which upsets the balance of power)"
Without this, we, as a species and civilization are DOOMED:
Click to view link
Heresy?, You bet...
Posted by Bill Ross on 01/29/11 06:26 AM
Its all about balance of power. Elites falsely believe that by holding all the power (using false memes to fraudulently achieve "tolerance / terror of the governed"), they can forcefully maintain power. In reality, this is inherently unstable since social consensus is based on manipulated perception as opposed to reality. Competing (against elite monopolies) information sources inevitably and persistently destabilize perceptual "consensus" and thereby undermine the "support" of any who seek to be "king of the hill" and rule. Mankind cannot be "ruled", only tricked into subservience, the personal cost of which collectively wakes us up.
This is why our far wiser ancestors were forced to conclude "rule of arbitrary man" is a civilization destroying state of affairs and, despite their selfish wishes to the contrary, survival forced them to bow to the "rule of law":
Click to view link
The symbol of lady justice (from history) has a downed sword in the right hand, a balance scale in the left and, a blindfold. The scale measures "balance of power" (a physical state of affairs), the blindfold means that all perceptual influences except "balance of power" are irrelevant and the sword stands ready to smite any / all who initiate aggression (disturb the peace), thereby upsetting "balance of power".
Our insane legal "profession" may have rationalized away this knowlege in a futile attempt to monopolize power, but justice and natural law remain supreme in "realpolitic".
For example, Mutually Assured Destruction (MAD) is justice and balance of power, keeping the peace.
Justice Defined: We are all free to profit or suffer and learn (adapt to excellence) by facing the consequences of our OWN choices. Injustice is to be forced to suffer the consequences of choices of unaccountable (irresponsible) others..
"The danger is not that a particular class is unfit to govern. Every class is unfit to govern. The law of liberty tends to abolish the reign of race over race, of faith over faith, of class over class." ~ Lord Acton
Posted by Srinivasa Sunchu on 01/29/11 01:30 AM
Heres some ammo for your meme busting
Click to view link