Banking and the Economics of the Invasion of Libya

Discussion in 'Politics' started by P F Tinmore, Apr 27, 2011.

  1. P F Tinmore

    P F Tinmore Diamond Member

    Dec 6, 2009
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    Here, Ellen breaks down the importance of Libya’s oil revenues and sovereign fund and the important tidbit of information that forms the core of her thesis: Colonel Qaddafi’s monetary policies constitute an important factor in him being attacked and the subsequent establishment by the NATO allies of an alternative Libyan central bank.

    After reminding the readers that under The Green Book form of governance, Libya has achieved what we in the United States do not enjoy: universal health care paid for by the state; universal education subsidized through the Ph.D. level by the state; oil revenue sharing; subsidized housing; subsidized automobile purchases; $50,000 marriage subsidy for newlyweds; and more. The more just happens to be what Libya has in common with six other countries that General Wesley Clarke announced were on a list for war that he saw from the Pentagon: neither Iraq, Syria, Lebanon, Somalia, Sudan, Iran, nor Libya belong to the Bank of International Settlements, the Central Bankers’ bank.

    Banking and the Economics of the Invasion of Libya | FavStocks
  2. waltky

    waltky Wise ol' monkey Supporting Member

    Feb 6, 2011
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    Okolona, KY
    Granny says, "Dat's right - use Qaddafi's money to fund the rebels...
    U.S. Seeks to Use Frozen Gadhafi Assets to Aid Rebels
    MAY 5, 2011—The Obama administration is working with Congress to pass legislation that would allow the U.S. government to tap assets held by Col. Moammar Gadhafi and his regime in the U.S. to help fund forces opposing the Libyan dictator, U.S. Secretary of State Hillary Clinton said on Thursday.

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