KakaKiiza
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Qaddafi was not killed for humanitarian purposes but for the oil and for money. His ideas of an African gold-backed currency were his major undoing.
The recent Hillary Clinton email leaks have opened a can of worms everywhere including in Africa. Wikileaks released an unclassified U.S. Department of State document emailed to Clinton, dated April 2, 2011. Sidney Blumenthal, the sender of the email confirmed what the world already suspected. Qaddafi was not killed for humanitarian purposes but for the oil and for money. His ideas of an African gold-backed currency were his major undoing.
In April 2011, then President of the World Bank, Robert Bruce Zoellick spoke at a panel discussion about how he hoped the World Bank would have some sort of role in the reconstruction of Libya along with other countries.
“Reconstruction now means (Ivory Coast), it now means Southern Sudan, it means Liberia, it means Sri Lanka, I hope it will mean Libya,” he said.
To the ordinary person, this was the World Bank hoping to come in to help a failing state but to Economist John Perkins, the World Bank was not to be considered as fulfilling its supposed mandate. It was in actual fact a U.S. bank together with its sibling, the IMF. The United States controls about 16% of the World Bank while the second largest member, Japan has a paltry 7%. The United States again has around 17% voting rights in the International Monetary Fund. His point was that these institutions were and still are extensions of the Western foreign policy.
“So, we might ask ourselves: What happens when a “rogue” country threatens to bring the banking system that benefits the corporatocracy to its knees?” he asked later saying the Western empire has a standing army (NATO) to violently protect its position.
Libya was the “rogue” nation but the question is: Just what did Gaddafi have in mind?
According to the IMF, Libya’s Central Bank is 100% state owned and in 2011, it was estimated to have 144 tons of gold in its vaults. Muammar Gaddafi’s plan was to introduce a gold-backed currency which he hoped African and Muslim nations would adopt. He felt it could rival the euro and the dollar, and rightly so too.
Sidney Blumenthal, in his email to Hillary Clinton confirmed, “Qaddafi's government holds 143 tons of gold, and a similar amount in silver. During late March, 2011 these stocks were moved to SABHA (south west in the direction of the Libyan border with Niger and Chad); taken from the vaults of the Libyan Central Bank in Tripoli.”
He went on to say the gold and silver was valued at $7 billion and was one of the reasons Nicolas Sarkozy embarked on a French attack of Libya.
“Sarkozy's plans are driven by the following issues:
a. A desire to gain a greater share of Libya oil production,
b. Increase French influence in North Africa,
c. Improve his internal political situation in France,
d. Provide the French military with an opportunity to reassert its position in the world,
e. Address the concern of his advisors over Qaddafi's long term plans to supplant France as the dominant power in, Francophone Africa,” wrote Blumenthal.
If Qaddafi had succeeded, the United States of America and Europe would have been forced to buy oil and minerals in the gold backed currency thus tipping the scales. This was a horror the West dared not experience. The situation would have been a more lethal re-enactment of Saddam Hussein’s currency wars when he supported the new Euro currency at the expense of the United States Dollar. At this point, the U.S. was highly insecure about the effects of the new currency to its economy. Hussein’s decision to sell oil in the then new currency was a blow to the U.S. worsened by the proclamation that the dollar was the “currency of the enemy”. Currency wars have therefore been a fact of history with the Hussein situation being a peculiar intra-Western conflict that culminated in the Middle East instability promulgated by U.S. interventionist policies. That Qaddafi would be killed for planning to introduce an African currency to the fray is not surprising but that does not make it acceptable.
The leaked Clinton email has far-reaching implications on the fluid state of post-colonial relations with the West. If anything, it is an eye-opener. Where Africa seeks to build an independent economic structure, the West is seen to try and derail those plans so as to retain its primacy in world affairs.
With regard to the creation of a new currency, Ministry of Peace Founder, Dr James Thring said, “It’s one of those things that you have to plan almost in secret, because as soon as you say you’re going to change over from the dollar to something else, you’re going to be targeted.”
And Qaddafi was targeted. He may not have been the most democratic leader in the world but Libyan citizens had arguably the best way of life in Africa. His plan of action (without the human rights violations) should be a blueprint for African development.
New Evidence: The Real Reason Gaddafi Was Killed
FRANCE'S CLIENT & QADDAFI'S GOLD
From: Sidney Blumenthal To: Hillary Clinton Date: 2011-04-02 02:00
Subject: FRANCE'S CLIENT & QADDAFI'S GOLD
UNCLASSIFIED U.S. Department of State Case No. F-2014-20439
Doc No. C05785522 Date: 01/07/2016
RELEASE IN
FULL CONFIDENTIAL
April 2, 2011
For: Hillary
From: Sid
Re: France's client & Qaddafi's gold
1. A high ranking official on the National Libyan Council states that factions have developed within it. In part this reflects the cultivation by France in particular of clients among the rebels. General Abdelfateh Younis is the leading figure closest to the French, who are believed to have made payments of an unknown amount to him. Younis has told others on the NLC that the French have promised they will provide military trainers and arms. So far the men and materiel have not made an appearance. Instead, a few "risk assessment analysts" wielding clipboards have come and gone. Jabril, Jalil and others are impatient. It is understood that France has clear economic interests at stake. Sarkozy's occasional emissary, the intellectual self-promoter Bernard Henri-Levy, is considered by those in the NLC who have dealt with him as a semi-useful, semi joke figure. 2. Rumors swept the NLC upper echelon this week that Qaddafi may be dead or maybe not. 3. Qaddafi has nearly bottomless financial resources to continue indefinitely, according to the latest report we have received: On April 2, 2011 sources with access to advisors to Saif al-Islam Qaddafi stated in strictest confidence that while the freezing of Libya's foreign bank accounts presents Muammar Qaddafi with serious challenges, his ability to equip and maintain his armed forces and intelligence services remains intact. According to sensitive information available to this these individuals, Qaddafi's government holds 143 tons of gold, and a similar amount in silver. During late March, 2011 these stocks were moved to SABHA (south west in the direction of the Libyan border with Niger and Chad); taken from the vaults of the Libyan Central Bank in Tripoli. This gold was accumulated prior to the current rebellion and was intended to be used to establish a pan-African currency based on the Libyan golden Dinar. This plan was designed to provide , the Francophone African Countries with an alternative to the French franc (CFA). (Source Comment: According to knowledgeable individuals this quantity of gold and silver is valued at more than $7 billion. French intelligence officers discovered this plan shortly after the current rebellion began, and this was one of the factors that influenced President Nicolas UNCLASSIFIED U.S. Department of State Case No. F-2014-20439 Doc No. C05785522 Date: 01/07/2016 Sarkozy's decision to commit France to the attack on Libya. According to these individuals Sarkozy's plans are driven by the following issues: a.A desire to gain a greater share of Libya oil production, b. Increase French influence in North Africa, c.Improve his internal political situation in France, d. Provide the French military with an opportunity to reassert its position in the world, e.Address the concern of his advisors over Qaddafi's long term plans to supplant France as the dominant power in,Francophone Africa. ) On the afternoon of April 1, an individual with access to the National Libyan Council (NLC) stated in private that senior officials of the NLC believe that the rebel military forces are beginning to show signs of improved discipline and fighting spirit under some of the new military commanders, including Colonel Khalifha Haftar, the former commander of the anti- Qaddafi forces in the Libyan National Army (LNA). According to these sources, units defecting from Qaddafi's force are also taking a greater role in the fighting on behalf of the rebels.
WikiLeaks - Hillary Clinton Email Archive
