Regime Change Libya: Privatization of their Central Bank and the Theft of their Nationalized Oil Profits

by Scott Creighton

(I couldn’t resist)

“Give me your hungry, your tired, your poor, I’ll piss on em

that’s what the Statue of Bigotry says

Your poor huddled masses, let’s club em to death

get it over with and dump them on the boulevard” Lou Reed

There is no question anymore as to why the Obama administration is attempting to impose a change of the regime of Libya.

On March 17th I wrote about the invasion of Libya being about two main objectives: privatizing the national oil company and the state-owned central banking system. I pointed out that the US and British inserted language in the UN resolution that allowed them to freeze the accounts of the nationalized oil company as well as the central bank of Libya. Well, before they have even won their coup, the CIA backed pro-west opposition has taken the time to announce that they have formed a new national oil company and central bank. Obviously they have allowed our neo-liberal economic hit-men to write-up the legal documentation for this action and I am sure it hands over control to multinationals outside Libya.  This is why so many globalist apologists and neo-liberals have been running around the last week claiming that the real government in Libya is the Transitional National Council.

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