Chapter 68 Siege Iran

In the interview, one possibility predicted by Ponto did happen. June 1978, amid growing friction and open policy conflicts in Europe with the Carter administration over nuclear energy policy, international monetary policy, free devaluation of the dollar, and all other policies of importance to the continent, at the initiative of France and Germany , Europe took a series of actions and entered the first stage of establishing the European currency area, which was the first attempt to free the European continent from the impact of the US dollar system. German Chancellor Schmidt and French President Giscard d'Estaing proposed creating an institution that would serve as the first phase of the European Monetary System (EMS).In this system, the central banks of the nine EC member states agree to mutually stabilize their currencies.The European Monetary System provides the basis for protecting intra-European trade and monetary relations as the volume of commercial trade within the European Community continues to grow.

At the beginning of 1979, the European Monetary System was launched, and its effect in stabilizing the European currency was obvious.But the outlook for the European Monetary System worries London and Washington.The ominous omen shows that the European monetary system will become the new seed of world currency, which will definitely threaten the hegemony of the current "petrodollar monetary system".Indeed, a German official at the time privately likened the new European Monetary System to "the seed to replace the IMF".Moreover, the French government at the time also publicly commented in this way.The European Monetary System has established a European Monetary Fund with a total value of about 35 billion US dollars, using 20% ​​of the gold and US dollar reserves of each member country as start-up capital.In addition, Switzerland is de facto linking its currency to the new European Monetary System.

As early as 1977, the governments of Germany and France had begun to consider the possibility of signing some kind of agreement with certain OPEC oil-producing countries. Under this agreement, Western European countries will export high technology to OPEC. Long-term supply of stable oil prices.Under the agreement, OPEC countries take turns depositing their fiscal surpluses in continental European banks, and the funds would eventually go into the European Monetary System to create a fund for long-term industrial development in other developing countries. London objected to every aspect of the concept of a new German-French European Monetary System.London refused to join the new arrangement because it could not prevent the plan from being implemented.The London financial world thought otherwise.

At the Destein and Schmidt summit in Aachen in September 1978, Germany and France reached an agreement on cooperation in science, education and nuclear energy.Separately, Destin's French Democratic Union has proposed a five-year development plan totaling $100 billion for continental Europe and other developing countries. President Carter's state visits to Bonn and West Berlin in July 1978 only strengthened the resolve of France and Germany to pursue an independent policy. The Nuclear Nonproliferation Act enacted by the Carter administration did not succeed in preventing the Schmidt administration from abandoning plans to export nuclear technology to developing countries. Wrong, completely standing on the strategic position of Anglo-American oil and financial companies.

Thus, despite efforts from the early 1970s onwards, in the minds of policy makers in Washington and London, the development of industry and trade at a lower price than the supreme dollar was a policy measure against dollar hegemony. The "threat" is becoming more and more real.They believe that more severe blows are needed to shake the determination of some countries to pursue technological and industrial progress. Indeed, they were ruthless enough. In November 1978, President Carter appointed Bilderberg's George Pohl to head the White House's Iran Task Force, which reported directly to Brzezinski on the National Security Council.Pohl, who is also a member of the Trilateral Commission, recommended that the White House withdraw support for the Shah of Iran and instead support the opposition led by the Islamic radical Ayatollah Khomeini.The CIA's Robert Poway was one of the field commanders of the CIA-led anti-king coup operation, and it was during their covert operations that the king came to power 25 years ago.

Their project was based on careful research on radical Islam; research first initiated by Dr. Bernard Lewis, an expert on Islam in the United Kingdom, and continued at Princeton University in the United States.Revealed at the Bilderberg Conference in Austria in May 1979, Lewis' plan sanctioned the religious militant movement behind Khomeini in order to encourage tribal and religious secession throughout the Islamic world of the Near East.Lewis argues that the West should encourage self-government among groups such as the Kurds, Armenians, Lebanese religious groups, Ethiopian Copts, Azerbaijani Turks, and others.He called this spread of chaos the "Arch of Crisis," and that the chaos would extend to the Islamic parts of the Soviet Union as well.

The coup against the Shah of Iran, like the coup against Mossadegh in 1953, was orchestrated by British and American intelligence agencies, and Brzezinski, with his rhetoric, tricked the public into "credibility" that it was to help Iran clean up " Corruption”, Britain once again sat safely in the background. Throughout 1978, negotiations between the shah's government and BP to revise the 25-year-old oil drilling agreement continued.Until October 1978, the negotiations broke down. The reason for the breakdown was that Britain demanded exclusive rights to Iran's future oil output, but there was no guarantee that it would buy it.Clearly, the dependence on British-controlled oil exports is almost over, and Iran appears to be on the verge of setting its own oil sales policy for the first time since 1953, with eager big buyers like Germany, France, Japan, and others.In September of that year, the Iranian publication "Khan International" commented in its editorial: Looking back at the 25 years of cooperation with the (British Petroleum Company) consortium and the relationship with the previous 50 years, Iran is not satisfied... Looking to the future, the Iranian state The oil company (NIOC) should plan and manage all operations by itself.

By refusing to buy Iranian oil products, Britain was blackmailing Iran and exerting enormous pressure on it; Britain only bought about 3 million barrels of oil a day from Iran at that time, but the agreement between the two countries was that Britain must buy no less than 5 million barrels a day bucket.This put enormous pressure on Iran's earnings and created an environment in which Anglo-American intelligence agencies planted highly trained demagogues to stoke discontent with the shah.In addition, at this juncture, the strike of oil workers has almost paralyzed Iranian oil production. Due to Iran's domestic economic troubles, the American "security" advisers to Iran's secret police implemented an unprecedented policy of brutal repression in order to maximize popular discontent with the Shah.At the same time, the Carter administration, not without malice, began to protest the king's "violation of human rights".

It is reported that, relying on its huge influence on Iran's financial and banking industry, BP began planning to withdraw its capital from Iran. The BBC's Persian-language radio program sent many Persian-speaking "correspondents" to even the most remote villages in Iran to report on protests against the Shah and trumpet anti-government rhetoric.At that time, the BBC provided Ayatollah Khomeini with a sufficient propaganda platform within Iran.The broadcaster, which is controlled by the British government, refused to give the king an equal chance to respond.The king's own constant protests against the BBC have been fruitless.British and American intelligence agencies continued to subvert the king's rule. In January 1979, the king fled; in February, Khomeini flew to Tehran and announced the replacement of the king's government.

A few months later, before his death, the king wrote in exile: I didn't know then—perhaps I didn't want to know, but, I know now—it was America who wanted to get rid of me.Apparently, that's what the human rights advocates in the US State Department want...why would I have former White House Deputy Secretary of State George Ball as an adviser on Iran? …Bohr was one of those who wanted to abandon me and ultimately my country. In 1978, an Iranian newspaper published an article accusing Khomeini of being an agent of the British.In response, the clergy organized violent demonstrations, which later led to the king's flight.

The role of BBC Persian broadcasts in the deportation of the Shah is detailed in Hosse in Shahidi's article "BBC Persian Service 60 years on", published in The Iranian on 24 September 2001. The BBC shares Khomeini's views so much that it has earned the title of Ayatollah BBC. With the fall of the shah and the shift of power to Khomeini's loyalists, chaos began to breed.By May 1979, Khomeini's government had shelved Iran's nuclear power development plans and announced the cancellation of nuclear reactor construction plans with France and Germany. Iran's oil exports to the world, some 3 million barrels per day, were suddenly cut off.Curiously, Saudi oil production also fell by about 2 million barrels per day in January 1979.In order to put more pressure on the world's oil supply, BP announced that due to force majeure, it will cancel the contract on oil supply.Prices on the Rotterdam oil market rose sharply in 1979, influenced by the largest oil companies, BP and Royal Shell. The second oil shock of the 1970s was in full swing. All this suggests that the coup in Iran was actually planned by a handful of people in London and at the top of the American liberal establishment, who decided to hide the policy and its ultimate purpose from President Carter.The ensuing energy crisis in the United States was a major reason why Carter lost his re-election bid a year later. The world has never experienced a true shortage of oil supplies.A few months later, a U.S. Congressional investigation conducted by the U.S. General Accounting Office confirmed that the existing production capacity of Saudi Arabia and Kuwait could make up for a temporary shortage of 5 million to 6 million barrels per day of oil supply at any time. The decline in the oil reserves of the "Seven Sisters" oil multinationals has caused a devastating shock to world oil prices. In some grades of crude oil markets, crude oil prices have gone from about US$14/barrel in 1978 to an astronomical US$40/barrel. Barrel prices climbed.Long queues to snap up oil spread across the US, causing widespread panic. In February 1979, Carter's energy secretary and former CIA director, James Schlesinger, told Congress and the media that the consequences of Iran's oil failure to supply world markets were "expected to be more severe" than the 1973 Arab oil embargo. Easing the tension helped, only made it worse. In order to ease international relations, Germany and France had hoped to develop more cooperative trade, economic and diplomatic relations with the Soviet Union, but the foreign policy of the Carter Administration's Trilateral Commission further disrupted all efforts made by Germany and France in Europe; And many energy agreements between the Soviet Union and Western Europe were not spared. Carter's security adviser, Brzezinski, and Secretary of State Vance implemented their "circle of crisis" policy, spreading the instability of the Iranian revolution throughout the Soviet periphery.Across the Islamic region from Pakistan to Iran, U.S. actions have created instability and worse. Next, Brzezinski began to play the "China card". In December 1978, he gave China diplomatic recognition, and at the same time restored China's legal seat on the UN Security Council, allowing China to obtain technical and military assistance from the United States.At a summit in January 1979, German Chancellor Schmidt strongly protested to President Carter, arguing that Carter's new "China card" policy would make Moscow feel that NATO was creating an arc of chaos and military hostilities. Surrounding the Soviet Union, thus deteriorating the already fragile German-Soviet relations. In October 1979, at the height of the second oil crisis, Britain and the United States once again launched a new round of devastating financial shocks.In August of that year, on the advice of David Rockefeller and other Wall Street banking institutions, President Carter appointed Paul Volcker, who had also been the chief architect of the dollar-gold decoupling policy in August 1971, as chairman of the Federal Reserve Board. .Volcker, a former official of Rockefeller's Chase Manhattan Bank and, of course, a member of Rockefeller's Trilateral Commission, became chairman of the New York Federal Reserve, the most powerful central bank in the world. While oil prices at $40/barrel represented a dramatic boost to the dollar's status, the scale of the oil crisis, coupled with growing international awareness of the incompetence of the Carter administration, contributed to further dollar weakness.Since early 1978, the dollar has fallen 15 percent against the Deutsche Mark and other major currencies.The price of gold rose rapidly, reaching a record high of $400 an ounce in September 1979.Arab countries and other investors prefer to invest in gold rather than dollars. In September 1978, when it became known that the Saudi Arabian Monetary Authority had begun selling billions of dollars in U.S. Treasury bonds, the dollar suffered a near-panic crash.Even for America's staunch allies, there seemed to be too many problems under Carter's presidency. Policy strategists in New York and London next prepared to deliver Malthusian currency shocks in the aftermath of the oil shock to tip the balance of world development in their favor. In October 1979, Volcker announced the Federal Reserve Bank's new aggressive monetary policy.He insisted that the monetarists' most essential solution was to "squeeze inflation out of the system," and he did so to deceive a stunned Congress and a desperate White House.The purpose of this is to make the dollar the most desperately needed currency in the world, stop industrial growth on its death track, and thus return political and economic power to the dollar.Volcker's distasteful explanation for Congress was that "reining in the growth of money and credit, and sustaining it for a considerable period of time, is a key measure of reining in stubborn inflation and inflation expectations." The flaw of Volcker's monetary shock therapy is that it never addresses the underlying causes of severe inflation—the two oil price shocks since 1973.The oil crisis caused the world's basic energy and transportation costs to rise 13 times in six years.Volcker's insistence on limiting the U.S. money supply by cutting lending to banks, consumers, and the economy as a whole was also a calculated fraud.Volcker knew full well, as every major bank in New York and London knew, that controlling the domestic supply of dollars in the United States would do nothing to solve the problem.Walker knows his actions have little control over the more than $500 billion outside the United States that is circulating in London, the Cayman Islands and a number of other foreign hot-money havens.In October 1979, when Walker was administering his monetary shock therapy, Morgan Trust Guaranty Bank calculated that the total size of the overseas Eurodollar market was 57 percent of the US domestic money supply.Americans will pay for the insane foreign currency stock, even though the US has never done so. Walker succeeded in achieving both of his goals.Interest rates on the dollar in the Eurodollar market rose from 10% to 16%, and in a matter of weeks the world could hardly believe it as rates were approaching 20%.With the world economy at its lowest point since the 1930s, inflation is indeed being "squeezed out".The dollar also began what it called an unusual five-year rise. The oil crisis and the Volker shock therapy were further strengthened by the decision of the establishment to completely "cut off the nuclear rose", and the development of nuclear energy resources worldwide to replace the dependence on Anglo-American oil was a worrying trend for some people. blocked. Strong diplomatic and legal pressure from the White House since 1977 has not succeeded in dispelling interest in nuclear energy.But on March 28, 1979, in a small town in central Pennsylvania, a strange nuclear leak occurred that the world media later described as fiction, like a Hollywood screenplay or an Olson Wells' 1938 radio show "War of the Worlds." Unit 2 of the Three Mile Island nuclear power reactor facility in Harrisburg has undergone an unlikely series of "accidents."Later investigations revealed that prior to the accident, the main valve had been illegally closed, preventing emergency cooling water from entering the reactor's steam power generation system.Within 15 seconds, the emergency backup system aborted the fission process.However, a facility operator then violated all operating procedures and shut off cooling water access to the reactor core.The details of what happened next are abundantly documented elsewhere. In its official report on the incident on August 3, 1979, the US Nuclear Regulatory Commission listed six possible causes, including sabotage or malfeasance, for the incident.However, after ruling out five other reasons, the government still refuses to consider the possibility of sabotage. Throughout the Harrisburg incident, releases to the world media were controlled by the newly created White House Federal Emergency Management Agency (FEMA).Government officials and nuclear facility officials are not allowed to comment publicly to the media unless they have been vetted by the bureau.FEMA was created by presidential executive order, according to the plan of Samuel Huntington, White House adviser to the Trilateral Commission.Curiously, the bureau did not begin operations until March 27, just a day before the events at Three Mile Island.Under the direction of national security adviser Brzezinski, the bureau controlled all news in Harrisburg.FEMA ordered surrounding evacuations despite no sign of radiation and refused to brief the media for days, allowing some hypothetical scare stories (such as "giant radiated hydrogen bubbles into the atmosphere") to even Worse news filled the headlines.Also oddly enough, that same month, a Hollywood blockbuster, The China Syndrorne, starring Jane Fonda, presented a fictionalized almost replica of the Harris incident, further vindicating public opinion Fueled by the hysteria over the dangers of nuclear power. By the end of 1979, the dominance of the Anglo-American financial establishment over the world's economic and industrial potential was reaffirmed in a way never imagined.The control over the world's oil circulation has once again become the most powerful weapon of their unique Malthusian policy signature.From the turmoil in Iran to the Volcker dollar shock, these powerful policymakers see themselves as gods on Mount Olympus.However, in just ten years, the "Olympus Mountain" under their feet will become a roaring active volcano.