Gaddafi's Dinar
A brilliant caricature depicting the power who lords over
his dominion that includes the Muslim world. I am unable to trace the source or the caricaturist. It is
intriguing because the All Seeing Eye appears dumbfounded and unable to control
the pesky people disconnecting the puppet master from his puppets. One school
of thought is that people power is emancipating itself from the clutches of the
Global Elite (GE), but the question remains! Is the caricaturist asking us to
swallow that Gaddafi himself was amongst the rest of his puppets?
Indeed he was! Over the years Gaddafi, the main African
instrument of the Elite, realized the value of his land, strengthened himself
from his resources and even up to the months leading to the NATO military
intervention, was calling upon African and Muslim nations to create the Gold
Dinar, a new currency pegged against their own gold reserves that would rival
the Dollar and Euro and that would sell oil exclusively in exchange for the new
currency.
Russia Today: May 5th 2011
His hard-money proposal was brilliant but proved
deadly for him as it did for Saddam when he announced in 2000 that Iraqi oil
would not be traded in Dollars. Incidentally, the Dollar as a reserve currency is
based on an agreement made with Saudi Arabia in 1971, the largest oil producer.
Technically no other OPEC nation, save Saudi Arabia, is bound by the agreement.
The Elite counts on Saudi Arabia to pied piper the OPEC nations.
His Gold Dinar proposition simply pitted the vast gold
in their own reserves as the ultimate peg against fiat currencies of the Elite that
would unwittingly force Dollar and Euro to match the value of gold in their
own vaults.
Words - Tommy Peters
Post Script: A cursory look at his untold redeeming points :-
1. He proposed a $400 million African Satellite and promised $300 million for the project. European powers, in particular France, were miffed because they are paid $500 million a year in rent for satellite services that Europe provides Africa.
2. African Monetary Fund - Gaddafi proposed no borrowing from the West for African countries. The AMF planned its own currency
for Africa backed by the Gold Dinar standard, interest free. Incidentally, Libya alone had $300 billion in gold reserves and sits on Africa's largest oil and natural gas
reserves. In essence, he planned to free the entire African continent from
the clutches of GE and Western imperialism.
3. The $70 trillion Blue Gold, Libya priceless water basins. In Libya
there are four major underground basins, the Kufra, the Sirte, the Morzuk and the Hamada basin. The first three of which contain
combined reserves of 35,000 cubic kilometres of water. These vast reserves
offer almost unlimited amounts of water for the Libyan people. In the 1960s during oil exploration deep in the southern
Libyan desert, vast reservoirs of high quality water were discovered in the
form of aquifers. Gaddafi started construction for Phase I of
the $25 billion Great Man-Made River Project (GMR) in 1984.
The GMR is a network of pipes
that supplies water from the Sahara Desert in Libya and from the Nubian Sandstone fossil aquifer. It is the world's largest irrigation project. Before the NATO intervention, three phases were finished by the Libyan administration.
The GMR carries more than five million cubic metres of
water per day across the desert to coastal areas, vastly increasing the amount
of arable land. The cost of one cubic meter of water equals US 35 cents compared to a cubic meter of desalinized water at US $3.75. Scientists estimate the amount of
water to be equivalent to the flow of 200 years of water in the Nile
River.
4. There is no electricity bill in Libya. Electricity is
free for all its citizens.
5. There is no interest on loans. Banks in Libya are
state-owned and loans given to all its citizens at 0% interest by law.
6. Owning a home is considered a citizen's right in Libya. Gaddafi
vowed that his parents would not get a house until everyone in Libya had a
home. Gaddafi’s father died while he, his wife and his mother were still
living in a tent.
7. All newlyweds in Libya receive $60,000 Dinar (US$
50,000 ) by the government to buy their first apartment to help start a family.
8. Education and medical treatments are free in Libya.
Before Gaddafi only 25% of Libyans were literate. As it stands, the figure is 83%.
9. Should Libyans want to take up farming career, they
would receive farming land, a farming house, equipments, seeds and livestock to
kick- start their farms – all for free.
10. If Libyans cannot find the education or medical facilities
they need in Libya, the government funds them to go abroad for it – not only
free but they get US $2,300 a month in accommodation and car allowance.
11. If a citizen buys a car, the government
subsidizes 50% of the price.
12. The price of petrol in Libya is $0.14 per
liter.
13. Libya has no external debt and its reserves amount to
$150 billion – now frozen globally.
14. If a citizen is unable to get employment after
graduation the state would pay the average salary of the profession as if he or
she is employed until employment is found.
15. A portion of Libyan oil sale is credited directly to
the bank accounts of all Libyan citizens.
16. A mother who gives birth to a child receive US $5,000
17. 25% of Libyans have university degrees; and lastly
18. 40 loaves of bread in Libya costs US 15 cents
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