Thursday, April 14, 2011

Libya: All About Oil, or All About Banking? | Truthout

Sever­al writ­ers have noted the odd fact that the Li­byan re­bels took time out from their re­bell­ion in March to create their own centr­al bank - this be­fore they even had a govern­ment. Robert Wen­zel wrote in the Economic Poli­cy Journ­al:

I have never be­fore heard of a centr­al bank being created in just a matt­er of weeks out of a popular up­ris­ing. This sug­gests we have a bit more than a rag tag bunch of re­bels runn­ing around and that there are some pre­tty sop­histicated in­flu­ences.

Alex New­man wrote in the New American:

In a state­ment re­leased last week, the re­bels re­por­ted on the re­sults of a meet­ing held on March 19. Among other th­ings, the sup­posed rag-tag re­volutiona­ries an­noun­ced the "[d]esig­na­tion of the Centr­al Bank of Be­nghazi as a moneta­ry aut­hor­ity com­petent in moneta­ry poli­cies in Libya and ap­point­ment of a Gover­nor to the Centr­al Bank of Libya, with a tem­pora­ry head­quart­ers in Be­nghazi."

It would be good to know who the shadowy figures are behind this.... follow the money

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