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Sunday, April 10, 2011

Regime Change Libya: Privatization of their Central Bank and the Theft of their Nationalized Oil Profits

It has always been about gaining control of the central banking system in Libya. Oil is just a profitable side issue like every other state asset that is waiting in Libya to be privatized and sold off to multinational corporations like Bechtel, GE, and Goldman Sachs. Oil is important and it is certainly a target but it isn’t the driving force behind these global wars for profit. Banking is.

Once the Coalition Provisional Authority took over in Iraq, the second thing they did, after signing a law banning the Baathists and disbanding the military, was to sign over the state-owned central banking system to privately held banking interests, bringing Iraq online with the web of private central banks. That took place the very first day of the CPA’s control of Iraq.

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