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Sun Apr 24, 2016, 12:06 PM

New Push for Military Intervention in Libya: Who Will Control the Libyan Central Bank?

April 22, 2016
New Push for Military Intervention in Libya: Who Will Control the Libyan Central Bank?

by Horace G. Campbell-- Professor of African American Studies and Political Science, Syracuse University. He is the author of Global NATO and the Catastrophic Failure in Libya, Monthly Review Press, 2013

There is intense push for the NATO countries to make an overt intervention in Libya. In this moment, the justification is to fight the Islamic State and to prevent terror from spreading across the Mediterranean to Europe. As is the case in matters of the destruction of African societies, the governments of Britain and France are in the forefront of the push for the latest intervention. Germany does not want to be left out so the German state is now actively working for the UN intervention.

Prior to this spring, it had been difficult to get the legal cover for a bigger military intervention by the West, but now there is supposed to be a new ‘unity’ government with the mandate to call for the United Nations to militarily intervene. Every week there is a new meeting in Europe to push for intervention with no consultation with the African Union. In January, the African Union appointed former Tanzanian President Jakaya Kikwete its new special envoy to Libya. Thus far, all of the reports and discussions about a new UN sanctioned intervention have excluded the interests of the peoples of Libya and Africa. Progressive forces in the world need to stay alert on this new effort to intensify the militarization of North Africa and oppose the governments who are using the question of ISIS to make another push to control the resources of Libya and Africa.

The real reasons for the intervention in Libya

The emails of the former Secretary of State and current Presidential candidate, Hillary Clinton exposed to the world the principal reasons for the NATO intervention and destruction of Libya in 2011. We are informed by one writer who had examined these emails on the traffic between the USA and France over the imperatives for intervening in Libya.

In one e mail dated April 2, 2011 Sidney Blumenthal, then an aide to Clinton informed her ‘that sources close to one of Gaddafi sons were reporting that “Qaddafi’s government holds 143 tons of gold, and a similar amount in silver” and the hoard had been moved from the Libyan Central Bank in Tripoli closer to the border with Niger and Chad. “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).”Blumenthal then added that “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 Sarkozy’s decision to commit France to the attack on Libya.” The email added: “According to these individuals, Sarkozy’s plans are driven by the following issues:

1 A desire to gain a greater share of Libya oil production,

2 Increase French influence in North Africa,

3 Improve his internal political situation in France,

4 Provide the French military with an opportunity to reassert its position in the world,

5 Address the concern of his advisors over Qaddafi’s long term plans to supplant France as the dominant power in Francophone Africa.”


France and Germany are not only interested in the vast oil and gas resources under Libya but also the vast ocean of water under the Nubian Sandstone Aquifer System (NSAS ).. With the advances in solar technology the European states want to have control over the Sahara for the future transformation of solar power for European consumers. It is the vast resources of Libya which is still on the line as there is this new push for the UN to intervene in Libya. As the senior imperialist state in Europe prior to 1945, Britain had extensive interests in Libya but the threats of the African Union to develop an African Monetary Fund and a Common Currency is a direct threat to the future of French economic interests in Africa .

In the past forty years the Germans had relegated the job of the Gendarme of Europe to France, but with the delicacy of the bank and financial crisis in Europe, the Germans do not want to be left behind. Hence, in the new pressures to intervene the Germans are toe to toe with France and last week when the French foreign minister, Jean-Marc Ayrault visited Tripoli, he was accompanied by the German Foreign Minister, Frank-Walter Steinmeier. This was a desperate effort to convey legitimacy on Fayyez Sarraj, newly installed Prime Minister of Libya, and members of the Presidency Council.

Continued at....

http://www.counterpunch.org/2016/04/22/new-push-for-military-intervention-in-libya-who-will-control-the-libyan-central-bank/

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Reply New Push for Military Intervention in Libya: Who Will Control the Libyan Central Bank? (Original post)
KoKo Apr 2016 OP
DetroitSocialist83 Apr 2016 #1
Ford_Prefect Apr 2016 #3
think Apr 2016 #2
dixiegrrrrl Apr 2016 #4
FlatBaroque Apr 2016 #7
snot Apr 2016 #5
FlatBaroque Apr 2016 #6
polly7 Apr 2016 #8

Response to KoKo (Original post)

Sun Apr 24, 2016, 12:12 PM

1. I'm sure this will be

 

One of the first things on Hillary's list.

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Response to DetroitSocialist83 (Reply #1)

Sun Apr 24, 2016, 12:31 PM

3. Well there is the question of where to park all those drones we'll need to dominate the region.

Not to mention just how "we" will counter the Chinese involvment in Sub-Sahara Africa. Gotta protect access to those vital Rare Earth minerals don't you know.

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Response to KoKo (Original post)

Sun Apr 24, 2016, 12:17 PM

2. Oil and gold....

 

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Response to KoKo (Original post)

Sun Apr 24, 2016, 12:41 PM

4. "a pan-African currency based on the Libyan golden Dinar. "

Yep.....this was known and discussed in "alternate" news sources before the fall of Libya.

And guess what? Watch Brazil, cause the whole coup/election thing going on now is about establishing a Goldman Sachs clone as head of the system there.

same games going on in S. America as in Africa.....we cause strife, topple Governments, ruin the economy, then move in to "help".

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Response to dixiegrrrrl (Reply #4)

Sun Apr 24, 2016, 02:28 PM

7. Disaster Capitalism - At least most of us know what is occurring, more so than before. /

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Response to KoKo (Original post)

Sun Apr 24, 2016, 01:02 PM

5. K&R'd & bookmarked.

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Response to KoKo (Original post)

Sun Apr 24, 2016, 02:23 PM

6. All wars are bankers' wars

Will we never learn? Libya wanted to develop an African currency. For that transgression, Qaddafi was sodomized with a bayonet and lynched on the street, with a film crew capturing every detail.
That is called a message from The City.

Sid Blumenthal seems to have been Hillary's handler for the Libya project, on behalf of the oligarchy.

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Response to KoKo (Original post)

Sun Apr 24, 2016, 03:05 PM

8. Vulture capitalists. Great article, KoKo. nt.

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