There have been many reports of this type of talk

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countries in gaining leverage against America. There have been many reports of this type of talk between the US and Saudi governments, such as when the Saudi’s threatened to sell bonds if America invaded Iraq. (Ahmed) It is of course an exaggeration to say that this is all American imperialism squeezing other countries resources and forcing them to buy bonds, since numerous countries and foreigners buy US government bonds voluntarily b/c our currency is highly stable and widely used. Also, bonds are used by all kinds of entities to raise money. However, the fact cannot be escaped that this system allowing America to make up for the trade deficit is effectively allow America to use the resources of other countries practically for free. The indirect exchange of bonds for oil boils down to import oil into the US in exchange for a pile of paper. Foreign ownership of US government bonds has been on the rise. On November 3 rd , 2003, it reached a new benchmark: one trillion dollars, or a full 10 percent of US gross domestic product. (CNN) In addition, foreigners also hold roughly one-third of US treasury securities. (Gold Eagle) On a related note about oil, it is curious to note that Iraq is also one of the top reserves of oil in the world. Could the American affairs with Iraq have something to do with oil?
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On 2330 hours GMT, the 16 th of January, 1991. President Bush ordered the allied forces to bomb Baghdad, signaling the start of Operation Desert Storm. The operation was billed as a rescue to the Kuwaiti people. However, for years Saddam Hussein had been sponsoring atrocities against the Kurdish nationality in the north of Iraq. What the US invasion really did was send a message to Saddam: Don’t mess with our supplies of oil. After beating back the Iraqi army and chastising Saddam Hussein about his human rights abuses, America imposed sanctions on Iraq and backed out. March 20 th 2003, President GW Bush leads a "coalition of the willing" into Iraq with the aim of ousting Saddam Hussein from power. A year earlier, he had ordered forces into Afghanistan to oust the Taliban from power. Both operations were billed to the public as campaigns for freedom, to remove an oppressive regime and to free an oppressed people. But oppression is global but American intervention is highly selective. America’s policy in The Middle East is one of constant warfare. In fighting wars  for oil, the entire region was destabilized, and the American presence in Iraq and  Afghanistan is not simply to restore order, but to restore order in the Western image. John Pilger in an article in  New Statesman  argues: “The ultimate goal in the attacks on  Afghanistan and Iraq is not the capture of a fanatic, but the acceleration of Western  power in the region.” The situation is made more complicated by the historical failure of  The West to understand culture and viewpoint of the Middle East. The last one and a half 
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