MY TALK 3AW.COM.AU {BLOG} |
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GLOBAL FATE
AS THE GLOBAL FINANCIAL SYSTEM MELTS AS I TYPE, AND THE GROSS DOMESTIC PRODUCT OF AMERICA IS TODAY AT 67%, AND THERE DEBT LEVEL AT A WHOPPING 9 TRILLION AND A 1.8 BILLION A DAY IN THE RED INCREASE, AND CONTINUING TO RISE
IN THE GREAT DEPRESSION OF 1929 AMERICAS GDP WAS 70%
AT THIS POINT THE GLOBAL SYSTEM IS STRAINED BEYOND REPAIR
AUSTRALIA SAILS IN THE SEA OF AMERICA AND ALTHOUGH AUSTRALIA IS IN TOP SHAPE ,THE AMERICAN STORM IS ABOUT TO HIT , I SUPPOSE WITHOUT THE OCEAN WHERE JUST STAGNANT ! BUT THIS IS THE FATE FOR THE WORLD AS WE ALL SAIL IN THE SEA OF AMERICA
WAR IS NOT THE ANSWER AND THE SALE OF OIL FOR EUROS OR DOLLARS IS NOT WORTH OUR KIDS AND THE KIDS AROUND THE WORLD TO DIE FOR
THE SYSTEM WILL CHANGE AND WITH IT OUR MORALITY , THIS GREAT BUBBLE OF GREED GLOBALLY
IRAN IS FACING AN ATTACK THAT INCORPORATES MINITURE NUCLEAR TACTICAL WEOPONS THAT BORE DEEP INTO THE GROUND, AND WILL SHUDDER THERE LANDS
IS IT A COUNTRIES RIGHT TO SELL THERE OIL FOR WHAT EVER CURRENCY IT LIKES, OR DO WE FORCE A NATION TO NOT BREAK A MONOPOLY THAT STARTED IN 1971 WHEN RICHARD NIXEN CHANGE THE GOLD BASED SYSTEM TO THE DOLLAR AND ATTACHED OIL TO THE CURRENCIE TO GIVE IT COLADROL AND DO WE DERAIL THE DOLLAR FROM OIL BEFORE THE BARREL RISES OVER A $100.00 A BARREL ,SO THAT THEY CAN PAY FOR THE DEBTS ,WHEN OIL WAS $30.00 A BARREL AMERICAS DEBT WAS INCREASING BY 2.7 BILLION A DAY IN THE RED TODAY THE BARREL IS $60 A BARREL AND THE DEBT IS LESS BY A BILLION A DAY IN THE RED TO 1.7 BILLION , IF THE WORLD MOVES TO EUROS FOR OIL THEN WHAT WOULD THERE DEBT BE.
BANKRUPTCY . OR WAR AND THEN BANKRUPTCY
NOT WORTH DYING FOR, MATERIALISM
CHANGE THE GLOBAL SYSTEM IN AN ORDERLY MANNER ? AND LOOSE THE TESTOSERONE
AS THE SYSTEM WE ARE IN IS NOT DEMOCRATIC OR IS IT?
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Posted 06-03-2007 by samuraidavid | 0 Comments [Edit]
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the heart of the comming recession/deppresion
11/02/2007
WHY IRAN IS NEXT Thursday, January 11, 2007 In the petrodollar wars, stage one was Iraq and stage two is Iran. Both dared to propose to use the euro instead of the U.S. dollar (USD) to buy Middle East oil. That was a big mistake because it jeopardized the solvency of the USD, a fiat currency; and, therefore, the very heart of the U.S. economy itself. Big business will not stand for that. What is a fiat currency? A fiat currency in the case of the USD is a currency that is NOT based on gold, silver, or anything else of tangible value; but rather it is "a promise to pay." Essentially, it is an IOU ("I owe you") note that is based on the good faith and credit of the issuer that it will be redeemed at the face value of the note, a USD in this case. This is its weakness for holders of the note, but its strength for the issuer of the currency, in this case the U.S. government who simply continues to print as much money as it wants to in hopes that it will never have to redeem these dollars at their face value all at one time. It is much like an international Ponzi scheme. In reality, it is play money or monopoly money. New York Post columnist Ralph Peters in "Eyeing Iran" (NYP, January 8, 2007) described the new U.S. military Middle East leadership lineup with General Patreus going to Iraq and Admiral Fallon going to CENTCOM as a sign for the future. Appointing a naval officer to command CENTCOM for the first time is seen as a harbinger of things to come with regard to Iraq, Somalia, and in particular, Iran. The Persian Gulf and the Indian Ocean are key geographical areas in this region. Any attempts by Iran (or anyone else for that matter) to block key strategic geographic features, such as the Strait of Hormuz, or otherwise impede the transport of oil or strategic materials could be met with an instantaneous naval military response. The presence of increased naval forces in the area could also be a sign of potential military action. What has become more even important than national boundaries, according to Anthony Wile in High Alert (High Alert Publishing, 2007), is the control and domination exercised by global elites over the economies of nations and the destinies of people. Few people are aware of this relationship and this excellent book goes into detail describing how this works. These are the forces that are currently in play worldwide that affect the U.S., Iraq, and Iran, among many other nations. So when Iraq President Saddam Hussein said in 2000 that Iraq would begin selling Iraqi oil using the euro instead of the USD he instantly became a marked man. Why; because it is vital to the solvency of U.S. fiat currency that there are many foreign holders of the USD in order to keep it afloat; to keep it solvent. This is particularly important in the oil markets where trade must be conducted using the USD that the United States set as the standard long ago for oil purchases. This was done on purpose (Krassimir Petrov, "The Proposed Iranian Oil Bourse," Energy Bulletin, January 26, 2006). Iran's plan to complete with dollar-dominated and American-owned New York's NYMEX and London's IPE, met with frosty reception from the beginning and things never got better. Because of the United States' high debt levels and stated neo-conservative quest for world domination, the euro inroads to establish a foothold in the dollar-dominated world oil market and posed a direct threat both to the U.S. dollar and to the U.S. economy (William Clark, "The Real Reasons Why Iran is the next Target," Energy Bulletin, October 26, 2004). The chief obstacle to establishment of a euro-denominated marker has been the three dollar-denominated oil pricing standard, or oil markers as they are referred to in the industry. They are the West Texas Intermediate crude (WTI), Norway Bent crude, and the Dubai crude. Since 2003 Iran has been selling their oil exports to Europe and Asia/ACU in euros. However, in 2004 when Iran announced that it intended to establish an Iranian Oil Bourse that was euro-based, that sent shockwaves through the U.S.-dominated international oil industry because it would compete with the U.S. owned NYMEX and IPE. That set Iran on a path of confrontation with the United States (William Clark, Oil, Iraq, and the Future of the Dollar, New Society Publishers, 2005). While the United States has no bone with the people of Iran who are generally viewed with great favor in the U.S., it does have a major problem with the Ahmadinejad government of Iran for two reasons; first, their desire to establish an Iranian Oil Bourse, and second, their continued development of a nuclear weapons along with their vow to destroy Israel. Israel would never allow this to happen, nor would the United States. But perhaps a sin even greater than continued nuclear weapons development has been their quest to establish the Iranian Oil Bourse. For contrast, North Korea has an even more developed nuclear weapons program and is guilty of proliferating missile technology to Pakistan, Indian and Iran, yet the U.S. does not seem interested in invading them, at least so far. What is the difference? North is not an oil producer, whereas, Iran not only is a major oil producer but intends to setup a non-dollar denominated oil bourse as well. That is why Iran is the next U.S. target.
Posted 06-03-2007 by samuraidavid | 0 Comments [Edit]
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why the world is at arms, the truth the first victim
Two major events, both taking place this week, underscore the fact that the Anglo-Dutch oligarchy, centered in the City of London, is arrived at a moment of truth that could determine, in the immediate hours and days ahead, whether the planet is plunged into a civilizational dark age.
Very few people and institutions around the world have the faintest idea that this is happening, The events themselves, that signal this moment of truth, are the following:
First, we have the arrival in the Sea of Oman this week of the USS Stennis-led second US Navy carrier group. This means that the naval assets are in place in the Persian Gulf region to orchestrate a premeditated "accidental" confrontation between the US and Iran, which could trigger a full-scale American pre-emptive attack on Iran. In the past 24 hours, BBC has aired an exclusive expose of new US war plans, that would target the entire military infrastructure of Iran for a massive bombing campaign—not just limited strikes against a few purported secret nuclear weapons installations. This event is occurring as both Vice President *** Cheney and President George Bush are on long-scheduled overseas trips.
Second, we have the meeting this week of the Bank of Japan, where the decision will be made whether or not to abandon the yen carry trade, by raising interest rates. If a rate hike occurs, it could trigger a blow-out of the entire dollar-based global financial system., the entire global financial system is under the top-down control of Anglo-Dutch financiers centered in London. They run the system through the yen carry trade, and through the related emission of floods of US dollars through the Fed's printing press. The US government no longer reports M3 money supply data because they are willfully covering up this element of the one, global hyperinflationary bubble.
The yen carry trade and the M3 pump-priming are run out of the City of London, and they are all part of the biggest John Law financial bubble in history. Now, with the Persian Gulf deployment and the Bank of Japan interest rate decision both on the table at the same moment, we are seeing manifestations—shadows on the cave wall—of a faction fight between two rival factions within the Anglo-Dutch financial oligarchy, otherwise known as the Club of the Isles. There is one faction that is out to permanently destroy the United States now—once and for all. They are ready to pull the plug on the whole system, to bring down the United States and the entire nation-state system at this moment. They want the sudden-death destruction of the United States. The other, rival faction, wants a more managed process of destruction. They want to bleed the United States to death more slowly. The goal of the two factions is identical. Their approach differs.
The key thing that must be understood, is that there are no significant issues beyond this global showdown. It is noteworthy and interesting that Senator Levin and others are grappling with legislation to bring the hedge funds under control; but Levin and his co-sponsors do not understand the nature of the beast. They are blind to the fact that the hedge funds are instruments in the hands of the Anglo-Dutch financial oligarchy. The measures that they are considering will not solve the problem, even though their impulse is important to note.
There is only one way to defeat this top-down Anglo-Dutch drive to break up the nation-state system and plunge the world into a prolonged dark age. That is a political solution, coming from the Government of the United States. The lead must come from the institution of the Presidency. This is why Cheney and Bush have to go now!
Once the Presidency has been restored, the U.S. can proceed with an alliance with Russia, China, and India to impose a political solution, based on what FDR did with the war mobilization and the creation of the Bretton Woods fixed-exchange-rate system. That is the only alternative to the plunge into hell
Posted 06-03-2007 by samuraidavid | 0 Comments [Edit]
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