China Skates Around US Sanctions Against Iran, Canada and USA Played Like a Fiddle

 

Dollar no longer primary oil currency as China begins to sell oil using Yuan

Lindsey Williams: "The most significant day in the history of the American dollar, since its inception, happened on Thursday, Sept. 6. On that day, something took place that is going to affect your life, your family, your dinner table more than you can possibly imagine."
"On Thursday, Sept. 6... just a few days ago, China made the official announcement. China said on that day, our banking system is ready, all of our communication systems are ready, all of the transfer systems are ready, and as of that day, Thursday, Sept. 6, any nation in the world that wishes from this point on, to buy, sell, or trade crude oil, can do using the Chinese currency, not the American dollar. 

 Since China is not a natural oil producing nation, the question most people will ask is how will the Asian economic power get enough oil to affect dollar hegemony? That question was also answered by Lindsey Williams when he pointed out a new trade agreement that was signed on Sept. 7 between China and Russia, in which the Russian Federation agreed to sell oil to China in any and all amounts they desired.

 

Lindsey Williams: "This has never happened in the history of crude oil. Since crude oil became the motivating force behind our (U.S.) entire economy, and everything in our lives revolves around crude oil. And since crude oil became the motivating factor behind our economy... never, ever has crude oil been sold, bought, traded, in any country in the world, without using the American dollar."
"Crude oil is the standard currency of the world. Not the Yen, not the Pound, not the Dollar. More money is transferred around the world in crude oil than in any other product."
"On Friday, Sept. 7, Russia announced, that as of today, we will supply China with all of the crude oil that they need, no matter how much they want... there is no limit. And Russia will not sell or trade this crude oil to China using the American dollar." 


These duo actions by the two most powerful adversaries of the U.S. economy and empire, have now joined in to make a move to attack the primary economic stronghold that keeps America as the most powerful economic superpower. Once the majority of the world begins to bypass the dollar, and purchase oil in other currencies, then the full weight of our debt and diminished manufacturing structure will come crashing down on the American people.
This new agreement between Russia and China also has serious ramifications in regards to Iran, and the rest of the Middle East. No longer will U.S. sanctions against Iran have a measurable affect, as the rogue nation can simply choose to sell its oil to China, and receive Yuan in return, and use that currency to trade for the necessary resources it needs to sustain its economy and nuclear programs.
The world changed last week, and there was nary a word spoken by Wall Street or by politicians who reveled in their own magnificence as this event took place during the party conventions. A major blow was done on Sept. 6 to the American empire, and to the power of the U.S. dollar as the world's reserve currency. And China, along with Russia, are now aiming to become the controllers of energy, and thus, controllers of a new petro-currency.


 http://www.examiner.com/article/dollar-no-longer-primary-oil-currency-as-china-begins-to-sell-oil-using-yuan


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Well well well, China, Harper`s newest best friend (BFF) has found a really cool way to avoid all sanctions against Harper`s other BFF..IRAN....

As written here, China possesses its very own oil patch operations, China also controls a majority ownership in the proposed Enbridge pipeline, and rumours are abuzz, China will buy 100% of the Enbridge pipeline once it is in operation(if it ever happens, over my and 1000`s of other dead bodies)....

With Harper privately pushing the nexen takeover by the Chinese Government, with China owning vast tracts of the Alberta oil patch, with China possessing almost the entire world fleet of super-tankers, the only thing missing is a pipeline and a tax-free Canadian trading zone...

British Columbia, the BC Liberal party under Gordon Campbell and Christy Clark are prepared to grant China that free trade, no tax zone...And I wonder why no one has asked the National energy board(NEB)...Why all the questions of Enbridge(?) when soon after completion the Enbridge pipeline will be a wholly owned Chinese pipeline, run by the Chinese Government...

China already owns 49% of the Gateway Enbridge pipeline, it`s the worst kept secret, a Canadian company with a brutal record of destroying environment after environment is fighting to build a pipeline for a company from China with even a worse record...

http://www.cbc.ca/news/business/story/2012/07/23/20120723-nexen.html

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China begins expanding its supertanker fleet

By David Lague

SHANGHAI — China has begun an ambitious effort to build a fleet of more than 90 supertankers to improve its control over oil imports which are vital to sustaining a booming economy, shipping industry experts say.
Government strategic planners in Beijing have set a target that half of the oil imports should be carried on Chinese-owned tankers. No deadline has been set to meet this goal, but Chinese shipping companies are expected to order as many as 65 supertankers, worth an estimated $7.1 billion, by 2012, according to transport analysts.

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So now China will own a huge chunk of the tar-sands, most of the world`s supertanker fleet and their own pipeline in Canada that`s designated a free trade and tax zone, all the big boys have been bought off.....The only thing standing in the way of this massive Canadian fraud is us, British Columbia.....Harper is pushing through the Nexen deal, the Gateway pipeline and British Columbia will provide the free trade zone to China, Christy Clark is well aware of the details, so is Harper....

The consequences of this is obvious, besides buying lumber and everything else from China...British Columbia will soon be buying oil itself from China....

Communist Russia and China along with the backing of Stephen Treason Harper will soon have all the tools(and oil) to thwart Harper` s fake concern over harmless Iran...

Everyone in Canada is being played the fool, including $3 billion dollar deficit this year Alberta.....

Has anyone asked the NEB about Enbridge selling the pipeline to the Chinese, how do we collect from Communist China?....How do we stop this from happening...

There is but one answer, remove Stephen Harper from power and charge him with treasonous acts against Canada...

We need a truly National oil strategy that doesn`t include polluting BC`s coast and shipping our jobs to China....

Lastly. hey Christy Clucking Clark, after walking around Richmond, Burnaby, Vancouver, Coquitlam, it appears that China, including investors, bankers and money launderers know exactly where British Columbia is, stop wasting taxpayers money and hiding in Asia...

Call the election..

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