NOVANEWS
by crescentandcross
Zio-Free Masons
rebels in Libya are in the middle of a life or death civil war and Moammar Gadhafi is still in power and yet somehow the Libyan rebels have had enough time to establish a new Central Bank of Libya and form a new national oil company. Perhaps when this conflict is over those rebels can become time management consultants. They sure do get a lot done. What a skilled bunch of rebels – they can fight a war during the day and draw up a new central bank and a new national oil company at night without any outside help whatsoever. If only the rest of us were so versatile! But isn’t forming a central bank something that could be done after the civil war is over? According to Bloomberg, the Transitional National Council has “designated the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and the appointment of a governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.” Apparently someone felt that it was very important to get pesky matters such as control of the banks and control of the money supply out of the way even before a new government is formed.
Of course it is probably safe to assume that the new Central Bank of Libya will be 100% owned and 100% controlled by the newly liberated people of Libya, isn’t it?
Most people don’t realize that the previous Central Bank of Libya was 100% state owned. The following is an excerpt from Wikipedia’s article on the former Central Bank of Libya….
The Central Bank of Libya (CBL) is 100% state owned and represents the monetary authority in The Great Socialist People’s Libyan Arab Jamahiriya and enjoys the status of autonomous corporate body. The law establishing the CBL stipulates that the objectives of the central bank shall be to maintain monetary stability in Libya , and to promote the sustained growth of the economy in accordance with the general economic policy of the state.
Since the old Central Bank of Libya was state owned, it was essentially under the control of Moammar Gadhafi.
But now that Libya is going to be “free”, the new Central Bank of Libya will be run by Libyans and solely for the benefit of Libyans, right?
Of course it is probably safe to assume that will be the case with the new national oil company as well, isn’t it?
Over the past couple of years, Moammar Gadhafi had threatened to nationalize the oil industry in Libyaand kick western oil companies out of the country, but now that Libya will be “free” the people of Libya will be able to work hand in hand with “big oil” and this will create a better Libya for everyone.
Right?
Of course oil had absolutely nothing to do with why the U.S. “inva—” (scratch that) “initiated a kinetic humanitarian liberty action” in Libya.
When Barack Obama looked straight into the camera and told the American people that the war in Libya is in the “strategic interest” of the United States, surely he was not referring to oil.
After all, war for oil was a “Bush thing”, right? The Democrats voted for Obama to end wars like this, right? Surely no prominent Democrats will publicly support this war in Libya, right?
Surely Barack Obama will end the bombing of Libya if the international community begins to object, right?
Obama won a Nobel Peace Prize. He wouldn’t deeply upset the other major powers on the globe and bring us closer to World War III, would he?
Russian Foreign Minister Sergei Lavrov has loudly denounced “coalition strikes on columns of Gaddafi’s forces” and he believes that the U.S. has badly violated the terms of the UN Security Council resolution….
“We consider that intervention by the coalition in what is essentially an internal civil war is not sanctioned by the U.N. Security Council resolution.”
So to cool off rising tensions with the rest of the world, Obama is going to call off the air strikes, right?
Well, considering the fact that Obama has such vast foreign policy experience we should all be able to rest easy knowing that Obama will understand exactly what to do.
Meanwhile, the rebels seem to be getting the hang of international trade already.
They have even signed an oil deal with Qatar!
Rebel “spokesman” Ali Tarhouni has announced that oil exports to Qatar will begin in “less than a week“.
Who knew that the rag tag group of rebels in Libya were also masters of banking and international trade?
We sure do live in a strange world.
Tonight, Barack Obama told the American people the following….
“Some nations may be able to turn a blind eye to atrocities in other countries. The United States of America is different.”