Our consumer world is built in large part on oil. The sweetest and cheapest oil comes from the Middle East. Today, the unrest we see in the world and call terrorism stems in large part from its exploitation, and it constitutes a major obstacle standing in the way of the development of the global village. But although the oil sheiks have accumulated mountains of petrodollars, they have no real power, so it won’t take as long for Islam to throw in the towel as it did for the Holy Roman Empire.
Because the oil sheiks are bitter relative to the apparent injustices done them by the City bankers, and because they don’t want to be overwhelmed by western ways, they manipulate Islam in order to reclaim some power over their destinies. Religion is once more being used as a tool. However, because the City has all the gold and controls all the central banks of the world since the Bretton Woods agreement in 1944, it is omnipotent, and it will not let the oil sheiks stop the march of globalization.
The Middle East problem started after the fall of the Ottoman Empire during World War I, when a Briton, Mark Sykes, and a Frenchman, Francois Picot, were directed to draw the new borders of the Middle East sheikdoms. In wanting to better organize the exploitation of oil by France and Britain, the City bankers directed them to draw the map of this very volatile region of the world and divide it into states that cut through ethnic and religious communities. In doing so, they created a geopolitical problem of great proportion. A century on, many Arabs continue to blame the subsequent violence in the Middle East, from the occupation of Palestine to the rise of the Islamic State, on the Sykes-Picot treaty.
The excellent cheap easily extracted oil started being shipped around the world just as the US Dollar was becoming the dominant currency in the world following the creation of the Federal Reserve Board in 1913. At that time, oil was selling for less than five dollars a barrel, and Europe and America couldn’t get enough of it.
For 100 years now, the Arab states, led by Saudi Arabia, have been selling mindboggling amounts of oil to the developed countries. To this day, the Emirates hold more dollars than anybody else in the world, and therein lies the problem. They can build ski slopes in the desert, but they are not allowed to build aircraft carriers and atomic bombs. The only way the oil sheiks can make the petrodollars work is by depositing them in the Central Banks of the World which are directly tied to the City. If they wanted to withdraw their dollars in order to make the Central Banks collapse, their dollars would no longer be worth anything. It is the best catch22 ever devised. The sheiks are very rich, have little power, and are very frustrated.
Terrorism is the result of this frustration. The Emirates are doing everything they can to reclaim their autonomy and free themselves from the City. Though this is an absolute impossibility given that the City owns and runs the financial world, it does not stop them from trying. The sheiks have not only chosen to manipulate Islam in order to achieve their goals, but the problem is further complicated in that Islam is split into Sunnis and Shiites, two factions that behave like deadly enemies.
Following the Sykes-Picot treaty in 1916, the City not only financed the development of the oil industry, but they paid for the oil extracted. The problem, however, was that the sheiks didn’t have any say in the matter, and once empowered by the fantastic windfall that ensued, they wanted to redress the situation. The City bankers had foreseen this, and in wanting to police the area, had created the Empire of Iran in 1941 and the State of Israel in 1948. However, they made a big mistake in not paying attention to the fact that Islam was divided into two deadly enemy factions.
Since close to 90% of the 1, 5 billion Muslims in the world are Sunnis and the rest Shiites, Saudi Arabia and Egypt being the two main countries in the Sunni world, we could wonder why the City bankers opted for a Shiite Iran. In 1941, when the City decided to enthrone the Shah of Iran and give him state of the art armament, it seems the City was swayed by the fact that ex-Persia represented one of the greatest cultures that the world had ever seen, and that the sheiks of the peninsula were perceived as mere tribal chiefs.
Since 1694, the City bankers have made three major mistakes. The first was when the original Bank of England bankers forced English trade down everybody’s throats which ended up costing them America and the financial control of the world. The second was when the banking dynasty that replaced it put too much trust in Tsar Nicholas II which led to WWII, and the third was when that same dynasty failed to pay attention to the Shiite-Sunni split which ended up costing them the Six-Day War, the Iran-Iraq War and the two Gulf Wars, not to mention all the ongoing terrorist acts that have to be countered on a daily basis.
The City bankers did, however, change their minds after Israel defeated Sunni Egypt in the Six-Day War in 1967, when it became obvious that the Shah of Iran was not able to hold his end of the bargain and assert his authority in the Middle East. In 1979, the bankers decided to back the Sunnis (Saudi Arabia and Egypt) instead of the Shiites (Iran). They had the Ayatollah Khomeini depose the Shah of Iran on the one hand and encouraged Saudi Arabia to back Saddam Hussein and make him the strong man in Iraq on the other.
The Iraq-Iran War followed in 1980, and it turned out to be a long war of attrition that ended in a stalemate. Not only was Saddam Hussein an incapable leader unable to defeat the Shiites of Iran, but he was becoming an unmanageable despot. He therefore had to go, and it took two Gulf Wars to get rid of him, one in 1990 and another in 2003. A media campaign was sufficient to get America to launch the 1st Iraq War codenamed Desert Storm in 1990, but the negative results of that war that had followed the apocalyptic Vietnam War made Americans wary, and it took the World Trade Center bombing of 1993, the Oklahoma Federal Building bombing of 1995, and 9/11 in 2001 to get America to launch the 2nd Iraq War in 2003. Today, Saddam is gone, the Sunnis (Saudi Arabia) are slowly reasserting their authority in the region, while the City is encouraging a Muslim diaspora in order to have Islam integrate the global village. By having millions of Muslims immigrate to a Europe that badly needs manpower, Islam will gradually be liberated from the sheiks’ influence and become an acceptable religion just like in the case of Christianity after the Holy Roman Empire was destroyed.
For now, the recalcitrant Sunnis and Shiites are spreading terror in order to have their way, and there is a lot of collateral damage whereby innocent people suffer. But the good news is that the Sunni and Shiite leaders will be forced to throw in the towel in the not too distant future because the global village concept is irreversible. Some Emirates have already started adopting western ways, and it’s only a matter of time before their leaders start wearing ‘suits’.