The Oil Jihad has brought the west to its knees
By Ted Belman
Walid Phares, a noted scholar, writing in Human Events, under the title OPEC’s Heavy Hand, informs that “the oil powers are behind the instability that crumbled the will of millions of middle class Americans over the past three years.” He calls it the “Oil Jihad”.
[..] What some oil regimes — or the ideological forces within — want to accomplish from this alleged interference in US economics is to provoke a “regime change” in Washington, D.C., so that regimes in their region are not challenged anymore. But another issue is also coming to the surface: pressures against America’s financial structures seem to have escalated in parallel to increasing US talk and commitment to achieving energy independence. Since last April, the American debate finally reached a dramatic conclusion: “We’re sending 700 Billion Dollars a year to regimes that dislike us;” agree most national leaders; “and furthermore some of that money is ending up in the hands or accounts of Terrorists” affirm some among them.
This revolutionary conclusion is a direct affront to the multi-decades-long dominance of petro-dollars in US politics. What America is readying itself to do is to achieve its most dramatic war of independence since 1776: ending the dependence on Middle East Oil. Therefore, let’s not be surprised that these gigantic interests would strike at the heart of this economic revolution, as I coined it in my latest book, The Confrontation.
Back to the ongoing crisis on these shores, we nevertheless must admit that the original sins are domestic first: financial drunkenness and economic recklessness. Without these plagues, outside forces wouldn’t have been able to shake up America’s stability. But assuming that most capitalist societies travel through rough patches, it is vital to realize that America’s economy is under attack by forces aiming to maintain US dependency on foreign energy, as a means to obstruct the rise of democracy.
Seven years after 9/11, Americans are paying the price of liberty from their own economic flesh.
Dr Walid Phares, author of Future Jihad: Terrorist Strategies against America, of The war of Ideas: Jihadism against democracy and of the forthcoming book, The Confrontation. He is also the Director of the Future Terrorism Project at the Foundation for Defense of Democracies.
