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A comment on NSA director heckled on stage at Black Hat security conference. Parent comment

Re:NSA director heckled on stage at Black Hat security confe... by foobarqux on Wednesday July 31, 2013 @07:02PM (#6137399)
Control of the oil in Iraq is more strategically important than in the one scenario you describe.

As an aside I never read that Hussein had threatened to flood the market, I read that he threatened, as a negotiating tactic, to withhold oil. Do you have a source for the "flooding the market" claim?

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Re:NSA director heckled on stage at Black Hat security confe... by gallerytungsten on Wednesday July 31, 2013 @08:48PM (#6137890)
It wasn't about flooding the market, it was about pricing in Euros, thus taking aim at the dollar as the sole reserve currency. (Among other things.)

Example: http://www.time.com/time/magazine/article/0,9171,998512,00.h...

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Re:NSA director heckled on stage at Black Hat security confe... by dredmorbius on Thursday August 01, 2013 @01:06AM (#6138788)
(I'd just posted a related item on this)

For values of "for other things" of creating a massive flood of dollars on the world financial markets, undercutting its value, and precipitating a financial crisis the likes of which the US still hasn't seen.

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