Tuesday, June 17, 2008

Debt...

Although we (the United States) give away more "foreign aid" than any other country in the world to not only needy nations but to our enemies (No. Korea, Saudi Arabia, Iran, Iraq, Turkey, etc.) we have become the largest debtor nation on the planet.
It's become the American way. Most of us are in debt with mortgages, credit card debt, auto loans, education loans, medical bills, etc. How did this all happen ? Back in the late 1700's, when we were forming our country, a very evil man named Alexander Hamilton put into effect a banking system that over the centuries has matured into the privately owned and created by our congress, called the Federal Reserve Bank. Our thanks to Aaron Burr for shooting that bastard or our nation might have never reached the status it has.
A real slap in our faces is that we've allowed Hamilton's image to be on the $10 bill.
All went well in the control of finances until the tests of the great stock market crashes and then the "rules" were revised. From the Kennedy administration on, "political correctness" became the primary motivation of our increasingly inept Congress. They not only give away money that is not theirs but give away money that hasn't even been earned or printed yet. When the money supply decreases, the Federal Reserve Bank just asks the Bureau of Engraving and Printing to create more for them at a cost of about $1 for a hundred dollar bill.
One reason that the money supply decreases is that nations such as Saudi Arabia, N. Korea, Japan, China, France, etc. have stockpiled trillions of dollars in huge vaults. We are printing so much money that it is becoming worth less every day. This is the primary reason that oil, food, etc. is costing more dollars for the same amount of goods. Mexico refuses to pay us for the water that we supply to them, Iraq refuses to help pay for the war, Kuwait refuses to reimburse us for saving them, Saudi Arabia refuses to reimburse us for saving them...and the list goes on. American resources, cash and blood is squandered all over the world without any compensation or reimbursement whatsoever.
When a ridiculous currency such as the Euro can be exchanged for 64 cents to buy one dollar, this is pathetic. Every currency in the world is becoming more valuable than ours. It's just a matter of time before the world switches to another currency as its standard. Already, OPEC is thinking about "Petrodollars" as a currency standard. Even the Mexican Peso is gaining on us.
Every financial advisor is saying "get out of dollars".
The solution is obvious...STOP PRINTING MONEY, STOP GIVING IT AWAY, STOP THIS POLITICAL CORRECTNESS of "buying friendship" from nations that wish us to cease existing. Get rid of the privately owned Federal Reserve Bank. Put businessmen in Congress instead of professional politicians that would sell their mothers for your vote. Have you ever wondered why someone would spend more money on an election campaign than the office itself would pay them ? Just a month ago, Hillary Clinton gave her campaign Five Million dollars to try for an office that pays only Four Hundred Thousand dollars a year.
Do the math. Doesn't that tell you that something is wrong ? If you see nothing wrong with this, then you are either a screaming liberal of just plain stupid.
Your way of life is being given away by your leaders whose agendas has nothing to do with your welfare.

Wednesday, June 11, 2008

The Truth about oil.

Obviously, by now, your life is being affected by the price of oil.

(1)Why is it being bid up to these ridiculous prices ?
(2)Why is China stockpiling millions and millions of barrels of oil ?
(3)How much oil does Saudi Arabia really have left ?

Let me attempt to answer these questions for you.

First of all, you have to understand that just because we (the United States) claim to have a certain amount of "oil reserves"; that oil is in the ground and it would take several years with drilling, refining, transporting, etc. before it could be pumped into your gas tank or used to lubricate machinery. It's like having a "money reserve" in the bank at 6 PM on a Friday...you can't get to it for a few days.

(3) In 1979 Saudi Arabia had 110 billion barrels of oil in proven reserves. Since then, about half of that has been extracted and exported. Without any new oil being found, they now claim 260 billion barrels in reserve. Kuwait added 50% to its reserves in 1985, Venezuela doubled its reserves in 1987, Iraq and Iran doubled their estimates in 2001.
How can this be ? With no new reserves being found in any of these countries and their pumping and shipping millions of barrels of oil daily, how does the amount go up ? The answer is easy; they have a new math. Actually, they're running out of oil and are trying to "cash in" on what's left.

(2)China is only using about 5% of the oil that its importing and stockpiling the rest (millions of barrels each day). Why would they do this ?
Besides their rapid industrial growth, they've taken a lesson from the past. That lesson was WW II. The main reason that we won that war was that WE controlled the world's supply of oil and Germany and Japan had thousands of planes and tanks unable to be used because they were running out of oil.
China is preparing for WW III by buying all of the oil that it can get, at any price.
The good news is that our idiotic Congress will not permit the drilling of our reserves right now. The bad news is that China is drilling just 60 miles off the coast of Florida, taking oil that should be ours.
Even though we are the most powerful nation in the world, with an unbeatable Army, Navy and Air Force; a world war that extended for any period of time would be lost by the United States because our enemies would put an embargo on oil being shipped to us, bring our industries, planes, ships, etc. to a screeching halt (because our oil is still in the ground and under the ocean).

(1)The price of oil is being bid up by the OPEC nations that have trillions of dollars invested in their Sovereign Wealth Funds and use brokerage houses in England to do this commodity trading daily. Interestingly, last week a well know U. S. airline tried to buy aviation fuel futures and their order is still unfilled a week later. The oil futures market is being manipulated and controlled by these huge Sovereign Wealth Funds.

So, what's the answer ? The only obvious course is for us (while we still can get oil) to aggressively invade the OPEC nations and take their oil. Short of that, our future is doomed...
Ever wonder why we send foreign aid to oil producing nations like Saudi Arabia, Iran, Iraq, etc. Right now, Iraq has a $40 billion surplus of cash and we're paying for the war over there while they sell their oil to China. What's wrong with that picture ???

Regardless, all of this is your fault, the "die was cast" at the end of WWII and since then you've let all of this happen by electing a Congress that is both ignorant and self indulged. You deserve what's coming next because you've done nothing to prevent the next big event that can still be prevented (just like 9-11 could have been prevented).
Get clear about this...your lifestyle is already changing (for the worse) and your children will not have a chance at all.