Libya's Rebellion

America's true reason for attacking Libya becomes clear with new central bank

by Kenneth Schortgen Jr, Finance Examiner.com

America's true reason for intervention, and missile attacks against Libya has become very clear today with a sudden creation by the rebels of a new central bank on March 29th.

The rebels in Libya are in the middle of a life or death civil war and Moammar Gadhafi is still in power and yet somehow the Libyan rebels have had enough time to establish a new Central Bank of Libya and form a new national oil company.  Perhaps when this conflict is over those rebels can become time management consultants.  They sure do get a lot done.  What a skilled bunch of rebels - they can fight a war during the day and draw up a new central bank and a new national oil company at night without any outside help whatsoever.  If only the rest of us were so versatile!  But isn't forming a central bank something that could be done after the civil war is over?  According to Bloomberg, the Transitional National Council has "designated the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and the appointment of a governor to the Central Bank of Libya, with a temporary headquarters in Benghazi." – The Economic Collapse via Uruknet

Libya has been one of the last nations in the world that had its own state run banking system, and control over its own money supply.  By having this system in place, they could demand oil purchases from their oil fields to be made in Lybyan Dinar, and not the US Dollar.  It also means that Libya has ensured themselves a stable economy, with little inflation and currency devaluing as most of the industrialized world has under private central banks.

The parallels for both European and US intervention now in Libya is very reminiscent to why the United States attacked Iraq in 2003.  Six months before the US moved into Iraq to take down Saddam Hussein, the oil nation had made the move to accept Euro's instead of dollars for oil, and this became a threat to the global dominance of the dollar as the reserve currency, and its dominion as the petrodollar.

The American people were given the lie that there were weapons of mass destruction (WMD), and that there were Al Quida training bases in the Arab state, both of which were proven to be false.  No, these were false flags given by the government to try to justify a punishment on Iraq for moving away from dollars as payment for oil.

To be able to create a new central bank under the blueprint that is used by Western powers in less than two weeks by the rebels gives vast credence that the rebellion itself in Libya was initiated by outside forces, and not over demands by the citizens of Libya for social reform.  This plan was put in place by the world's game changers who want complete global control over oil and economic systems.

It did not take long before we discovered the real reason why America chose to intervene and attack Libya, and not any of the other nations in the Middle East that are going through internal rebellion.  The rebels creation of a central bank, coupled with the United Nations report two days ago that there would be no sanctions on the selling of oil by the rebels who control certain fields and refineries, proves that this war is not about human rights, but about punishment for a nation that refused to give up its sovereignty to the global banking and oil cabals.