Sinking the Petrodollar in the Persian Gulf
TomDispatch / Pepe Escobar
18-Jan-2012 (2 comments)

Tomgram: Pepe Escobar, Sinking the Petrodollar in the Persian Gulf 

Posted by Pepe Escobar at 10:37am, January 17, 2012.

These days, with a crisis atmosphere growing in the Persian Gulf, a little history lesson about the U.S. and Iran might be just what the doctor ordered.  Here, then, are a few high- (or low-) lights from their relationship over the last half-century-plus:


Summer 1953: The CIA and British intelligence hatch a plot for a coup that overthrows a democratically elected government in Iran intent on nationalizing that country’s oil industry.  In its place, they put an autocrat, the young Shah of Iran, and his soon-to-be feared secret police.  He runs the country as his repressive fiefdom for a quarter-century, becoming Washington’s “bulwark” in the Persian Gulf -- until overthrown in 1979 by a home-grown revolutionary movement, which ushers in the rule of Ayatollah Khomeini and the mullahs.  While Khomeini & Co. were hardly Washington’s men, thanks to that 1953 coup they were, in a sense, its own political offspring.  In other words, the fatal decision to overthrow a popular democratic government shaped the Iranian world Washington now loathes, and even then oil was at the bottom of things.


1967: Under the U.S. “Atoms for Peace” program, s... >>>

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oh wait..

by YMJ on

Don't tell me, he's also on Islamic Republics pay roll and is a basiji hezbollahi! haaaaaaaahahaha


Pepe Esecobar knows a bit more then "irooni's" here..

by YMJ on

Yet anyone remotely familiar with Iran knows that such an attack would rally the population behind Khamenei and the Revolutionary Guards.  In those circumstances, the deep aversion of many Iranians to the military dictatorship of the mullahtariat would matter little. 


Besides, even the Iranian opposition supports a peaceful nuclear program.  It’s a matter of national pride.