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“It was a classic mafia style arrangement. In exchange for Saudi Arabia’s agreement to the sole use of the dollar for oil transactions, the US underwrote Saudi Arabia’s security thereby ensuring the continuity of one of the world’s most corrupt and repressive regimes.”
The Most Revolutionary Act
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The Most Revolutionary Act 
The article was written by Australian James O’Neill at New Eastern Outlook. Mr. O’Neill appears for commentaries on Press TV fairly often, seemingly always providing accurate and sober analyses of world situations.
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What I really like about the article, Jerry, is that it explains a fairly complex topic in a way that’s fairly easy to understand. Thanks for commenting.
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Yesss! And I see you are now a spokesperson for Positive Money NZ – Good work!
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Yep. I have stepped away from the NZ Green Party – despite massive grassroots pressure from membership to get them to adopt sovereign money (like the UK and US Green Party – now that they’re in government they’re talking about running a budget surplus! Gag me with a spoon.
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Give some people a taste of power, huh? and see what they’re really made of!
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That and the fact, like many left of center parties, we have been infiltrated by intelligence stooges.
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