Send a Tweet
Most Popular Choices
Share on Facebook 18 Share on Twitter 4 Printer Friendly Page More Sharing
OpEdNews Op Eds    H2'ed 1/12/20

Rogue president: Trump Tells Iraq Order US Troops Out and I'll Freeze Your Central Bank's Account at the Fed

By       (Page 1 of 2 pages) (View How Many People Read This)   7 comments
Author 63
Message Dave Lindorff
Become a Fan
  (87 fans)

Trump threatens to freeze Iraq Central Bank's account at the Fed if it demands exit of US troops
Trump threatens to freeze Iraq Central Bank's account at the Fed if it demands exit of US troops
(Image by Prayitno / Thank you for (12 millions +) view)
  Details   DMCA

By Dave Lindorff

President Trump's actions in the Middle East are becoming increasingly unhinged.

A week ago, he nearly triggered a catastrophic war between Iran and the US when, acting seemingly on a whim or in response to the advice of two of his nuttier advisors, fundamentalist Christian "Rapture" believers Mike Pence and Mike Pompeo, he ordered the assassination by drone of the commander of Iran's military, Qassem Suleimani.

Fortunately for American troops, sailors and pilots, and for all of us and the people of Iran, saner heads in the administration seem to have gotten to Trump, and also fortunately,Iran's military responded in measured fashion. As a result, the threat of a major war between the two countries seems to have receded a bit, at least for now.

Then today, Trump, in response for a call by Iraq's parliament and its Prime Minister Adel Abdul-Mahdi for the US to withdraw all of its 5100 troops currently stationed in Iraq, declared he would not remove them. He added that if forced to pull them out of the country by Iraq, would freeze a deposit account of Iraq's Central Bank at the US Federal Reserve, preventing Iraq from accessing what the Wall Street Journal reports amounted to a deposited balance of some $3 billion at the end of 2018.

The Wall Street Journal article reports that some 250 foreign central banks and other state entities have such accounts with the US Federal Reserve containing untold billions of dollars. There was no discussion in the Journal article of what impact the US's arbitrary freezing of Iraq's Central Bank account simply over a dispute about America's troops in Iraq might have on the willingness of all those other foreign countries' banks and agencies willingness to continue letting the Fed hold their money.

It has not been unusual for the US to freeze foreign countries' assets, in both the Federal Reserve Bank, and in the electronic vaults of US commercial banks, but typically this has been done when a country has engaged in illegal activity, or when a revolution has occurred. This was the case after the overthrow of the US-backed Shah of Iran in 1979, and was the reason that the Obama administration, as part of the nuclear deal it and five other nations negotiated with Iran, unfroze some $150 billion in Iranian assets that the US had been blocking Iran from accessing. (That's the nuclear agreement that Trump tore up earlier this year.)

Next Page  1  |  2

 

Well Said 3   Must Read 2   Valuable 1  
Rate It | View Ratings

Dave Lindorff Social Media Pages: Facebook Page       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Dave Lindorff is a founding member of the collectively-owned, journalist-run online newspaper www.thiscantbehappening.net. He is a columnist for Counterpunch, is author of several recent books ("This Can't Be Happening! Resisting the (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Israel's Gaza Atrocities Recall America's Atrocities in Vietnam

Supreme Court Junket King Scalia Dies While Vacationing with Wealthy Patrons at Private West Texas Getaway

Looming climate catastrophe?: A Rapidly Warming Arctic Could Loose a Methane Climate Bomb Causing Extinction in 9 Years

Something's happening here: Clinton's Crumbling, Bernie's Surging and a 'Political Revolution' May Be in the Offing

The Case for Impeachment of President Barack Obama

Barack Obama: Manchurian Candidate Version 2.0

Comments Image Post Article Comment and Rate This Article

These discussions are not moderated. We rely on users to police themselves, and flag inappropriate comments and behavior. In accordance with our Guidelines and Policies, we reserve the right to remove any post at any time for any reason, and will restrict access of registered users who repeatedly violate our terms.

  • OpEdNews welcomes lively, CIVIL discourse. Personal attacks and/or hate speech are not tolerated and may result in banning.
  • Comments should relate to the content above. Irrelevant, off-topic comments are a distraction, and will be removed.
  • By submitting this comment, you agree to all OpEdNews rules, guidelines and policies.
          

Comment Here:   


You can enter 2000 characters. To remove limit, please click here.

Please login or register. Afterwards, your comment will be published.
 

Username
Password

Forgot your password? Click here and we will send an email to the address you used when you registered.
First Name
Last Name

I am at least 16 years of age
(make sure username & password are filled in. Note that username must be an email address.)

5 people are discussing this page, with 7 comments  Post Comment


Chuck Nafziger

Become a Fan
Author 24101
(Member since Oct 12, 2008), 16 fans, 6 articles, 14 quicklinks, 2183 comments (How many times has this commenter been recommended?)
Facebook page url on login Profile not filled in Twitter page url on login Profile not filled in Linkedin page url on login Profile not filled in Instagram page url on login Profile not filled in

  New Content

We are truly a rogue nation, gangsters using blackmail and extortion, thugs stealing oil and resources used by our corporations in such a wasteful way that they are sucking out and burning or blowing up the life giving blessings of our planet.

Our new gang bosses are less competent than their Chaney/Bush predecessors, or the Obama/Biden con job. The crimes are in your face open--what are you going to do about it--that only a paid off fool would pretend to trust the US. We are so criminal, immoral and untrustworthy, we are forcing the rest of the world to join together to oppose us. It would be nice if the house of cards could be taken down one by one, but it doesn't happen that way.

Submitted on Sunday, Jan 12, 2020 at 4:41:47 AM

Author 0
Add New Comment
  Recommend  (7+)
Help
Indent

shad williams

Become a Fan
Author 63282
(Member since Apr 13, 2011), 25 fans, 66 articles, 18 quicklinks, 3430 comments, 2 diaries (How many times has this commenter been recommended?)
Facebook page url on login Profile not filled in Twitter page url on login Profile not filled in Linkedin page url on login Profile not filled in Instagram page url on login Profile not filled in

Reply to Chuck Nafziger:   New Content

I remind myself never to use "our", " "we" when referring to the criminal murderous elite. You know...cognitive dissonance and all that jazz. On the other hand, the rent is too high, there are the utilities to be paid...I could go a diet. Give up the internet? Netflix? My smart surveillance device? Nah! They will have to pry these luxuries from my cold dead fingers.

Submitted on Sunday, Jan 12, 2020 at 11:58:34 AM

Author 0
Add New Comment
  Recommend  (2+)
Help
IndentIndent

Chuck Nafziger

Become a Fan
Author 24101
(Member since Oct 12, 2008), 16 fans, 6 articles, 14 quicklinks, 2183 comments (How many times has this commenter been recommended?)
Facebook page url on login Profile not filled in Twitter page url on login Profile not filled in Linkedin page url on login Profile not filled in Instagram page url on login Profile not filled in

Reply to shad williams:   New Content

Stop the World, I want to get off! WE have to own up to the fact that OUR nation is rogue. WE put our efforts into shouting at a clown and voting in laughingly corrupt (s)elections while WE wait for someone else to do something about it. The rent gets paid this week and the clown's buddies know how much we paid, how much we owe, where we went, who we spoke to, what gimmicks turn us on, and what propaganda we listen to. Home of the free and brave!?

Happy 2020 Shad. I still live in paradise and my big mouth has not gotten me jailed YET.

Submitted on Sunday, Jan 12, 2020 at 5:30:40 PM

Author 0
Add New Comment
  Recommend  (6+)
Help

Irene Fowler

Become a Fan
Author 514273
Follow Me on Twitter (Member since Sep 24, 2019), 1 fan, 6 articles, 19 comments (How many times has this commenter been recommended?)
Not paid member and Facebook page url on login Profile not filled in Not paid member and Twitter page url on login Profile not filled in Not paid member and Linkedin page url on login Profile not filled in Not paid member and Instagram page url on login Profile not filled in

  New Content

Machiavelli, Macbeth and Mengele rolled into one!

Submitted on Sunday, Jan 12, 2020 at 9:12:14 PM

Author 0
Add New Comment
  Recommend  (2+)
Help
Indent

John Lawrence Ré

Become a Fan
Author 78374
(Member since Apr 17, 2012), 22 fans, 3 articles, 1486 comments (How many times has this commenter been recommended?)
Facebook page url on login Profile not filled in Twitter page url on login Profile not filled in Linked In Page Instagram page url on login Profile not filled in

Reply to Irene Fowler:   New Content

Too oblivious to be Mchiavelli, too amoral to be Macbeth, and too disinterested to be Mengele. Still a bad guy, though.

Submitted on Sunday, Jan 12, 2020 at 10:06:49 PM

Author 0
Add New Comment
  Recommend  (2+)
Help
IndentIndent

Irene Fowler

Become a Fan
Author 514273
Follow Me on Twitter (Member since Sep 24, 2019), 1 fan, 6 articles, 19 comments (How many times has this commenter been recommended?)
Not paid member and Facebook page url on login Profile not filled in Not paid member and Twitter page url on login Profile not filled in Not paid member and Linkedin page url on login Profile not filled in Not paid member and Instagram page url on login Profile not filled in

Reply to John Lawrence Ré:   New Content

Nice!

Submitted on Monday, Jan 13, 2020 at 5:01:46 AM

Author 0
Add New Comment
  Recommend  (0+)
Help

Lois Gagnon

Become a Fan
Author 61784
(Member since Mar 21, 2011), 42 fans, 1 articles, 15 quicklinks, 5466 comments (How many times has this commenter been recommended?)
Facebook page url on login Profile not filled in Twitter page url on login Profile not filled in Linkedin page url on login Profile not filled in Instagram page url on login Profile not filled in

  New Content

The US is long overdue for some payback. I don't think it's far off.

Submitted on Sunday, Jan 12, 2020 at 11:59:54 PM

Author 0
Add New Comment
  Recommend  (3+)
Help

 
Want to post your own comment on this Article? Post Comment