Wednesday, April 13, 2005

Ghawar Dead? If true....REALLY REALLY REALLY BAD....

From The Wilderness Publications


Speculation over the actual size of Saudi Arabia's oil reserves is reaching fever pitch as a major bank says the kingdom's - and the world's - biggest field, Gharwar, is in irreversible decline.

The Bank of Montreal's analyst Don Coxe, working from their Chicago office, is the first mainstream number-cruncher to say that Gharwar's days are fated.

Coxe uses the phrase 'Hubbert's Peak' to describe the situation. This refers to the seminal geologist M King Hubbert, who predicted the unavoidable decline of oilfields back in the 1950s.

"The combination of the news that there's no new Saudi Light coming on stream for the next seven years plus the 27% projected decline from existing fields means Hubbert's Peak has arrived in Saudi Arabia," says Coxe, referring to data compiled by the International Energy Association's (IEA) August 2004 monthly report.

I

Tuesday, April 12, 2005

The Stolen Election - MP3 audio collection and commentary: Vote Fraud is Real- Wake Up America - Collective Bellaciao

BELLACIAO - The Stolen Election audio collection: Vote Fraud is Real- Wake Up America - Collective Bellaciao



"After the election my office received a flood of complaints about Ohio and Florida and Michigan and interestingly enough, all of the swing states with large populations. Our office began to receive reports of machine failures and breakdowns and interestingly enough, every one of these ’glitches’ always seemed to favor one of the presidential candidates, that is George Bush." - David Cobb's Testimony to Congress



Mr. Speaker, I traveled to Ohio where John Conyers convened hearings, and I listened to citizen after citizen describe the Ohio election debacle. When there is a shortage of voting machines that leads to lines of up to 10 hours to cast a vote in precincts that are predominant minority and Democratic voters, forcing countless prospective voters to leave without voting, and where a number of Democratic precincts had fewer machines than were used in the primary election, despite the certainty of a much higher turnout in the hotly contested general election for President, it is clear that Ohio has failed to run a fair election.

When Mr. Blackwell arbitrarily and unreasonably refused to provide provisional ballots to voters who were in the right county but the wrong precinct, or to voters who requested but did not receive an absentee ballot in a timely manner, it is clear that Ohio has failed to run a fair election.

When a county in Ohio shows more votes cast than registered voters, or when another Ohio county shows an underfunded Democratic State Supreme Court candidate getting substantially more votes than the well-funded campaign of Senator Kerry, it is clear that Ohio has failed to run a fair election.

When Secretary of State Blackwell refused to recognize thousands of new voter applications because they are not on postcard-weight paper, it is clear that Ohio has failed to run a fair election." Congreswoman Maxine Waters



All rational people understand that elections are supposed to be free and open, not counted in secret by Republican operatives. This election was a sham, and the media buried it- in other words, our country has been hijacked by warmongers- they own the media, the corporations and all three branches of government. Are you just going to sit there and allow the thieves in high places put your children in debt ($8 trillion total US debt) just because John Kerry rolled over? Recruiters are hounding poverty stricken high schools with offers of $10,000 signing bonuses and six months to spend it... is this the kind of America you want to leave your children?

imo the problem with America is not with the blind Republicans, it’s with the Democrats refusing to look into this fraud and realizing that yes indeed, John Kerry is the Benedict Arnold of the 21st Century. Are you really going to accept this mass killing, stealing of Iraqi oil, taking of our rights and freedoms, looting our economy, screwing the education system and the environment... are you just going to accept this because the Democrats were fooled into accepting George W. Bush’s distant cousin and Skull and Bones brother Kerry as their nominee. If we had a real democrat, we wouldn’t be looking at 4 more years of this ’spreading democracy’ bullshit.

U.S. Audit Probes $212 Million in Halliburton Iraq Work

DefenseNews.com - U.S. Audit Probes $212 Million in Halliburton Iraq Work - 04/11/05 19:10


"U.S. oil services giant Halliburton Co. may have overcharged by at least $212 million to get fuel to Iraqi civilians under a no-bid deal with the U.S. military, said Pentagon audits released on April 11."


Wow... I wonder how many thousands of families had to give 1/2 their income to the government so the government could give $212,000,000.00 to Halliburton... In overcharges alone (I would hate to see how many millions the Pentagon believed was an acceptable profit margin for the company for their "work") ?

Monday, April 11, 2005

"The Invisible Hand (of the US Government) in Financial Markets - Article, FinancialSense.com

FSO Realty Reality "The Invisible Hand (of the US Government) in Financial Markets by R. Bell 04/03/2005

“During the past few years the US has become dependent, not so much on millions of investors around the globe but on a few individuals in a few of the world’s central banks.”[2] In 2003 these central bankers bought enough treasuries to cover 83% of the U.S. current account deficit, and 86% of those purchases came from Asian central banks.

The two main sources of money for U.S. Treasuries are the central banks of Japan and China. Japan held about $715 billion in U.S. Treasuries, as of November 2004, and China held about $191 billion.[3] All the other nations’ central banks hold altogether, about the same amount again, roughly another trillion.

As the total of all obligations is about $4 trillion, two central banks obviously hold about one quarter of the total. They are in the position to pump or dump the Treasury market all by themselves. They can sell what they have or simply stop buying when the Treasury sells.

Since the money comes from a handful of foreign central banks, the possible rigging of the Treasury market equals the possible rigging of the foreign exchange markets. These central banks have to buy dollars before they buy Treasuries. Even Alan Greenspan has acknowledged that the two go together, admitting that Asian central banks “may be supporting the dollar and U.S. Treasury prices somewhat.”[4]

Printing Monopoly money to buy Uncle Sam's fake-ass billion dollar IOUs. Keeping the game going a few more rounds so they scoop up a couple more chairs before the music stops and all the suckers bump their asses on harsh, cold ground of reality... - Etienne

Saturday, April 09, 2005

Home Foreclosure Listings Surged in March, Study Shows

Home Foreclosure Listings Surged in March, Study Shows

NEW YORK (Dow Jones/AP) - In what could be a crack in the housing market's sturdy foundation, the number of foreclosed homes put up for sale rose 50 percent between February and March, according to a new study by Foreclosure.com.

Oil for dollars, and dollars for US deficit - Asia Times Online :: Global Economy

Asia Times Online :: Global Economy:

"As the price of oil goes up, extra money floods into the Gulf kingdoms. With the US secretary of defense putting troops all over the ground in the Middle East, and those nimble aircraft carriers nearby and ready to deliver the 'shock and awe of sudden democracy' to the Gulf monarchs, it's a sure bet that America's OPEC buddies will stash their newly found Asian lucky bucks into good old American Treasury notes. "

U.S. army pays Halliburton US$1.18 billion for dining services overseas

Business Centre - canada.com network

WASHINGTON (AP) - The U.S. army will pay $1.8 billion US to Kellogg Brown & Root, a subsidiary of Halliburton Co., for dining services in Iraq and Kuwait but retain a portion of payments suspended during a long-running billing dispute...

...In its press release Tuesday, Houston-based Halliburton said it had reached definitive agreements on $10.5 billion in army troop support contracts besides the agreement with the army on the dining services issues.

Thursday, April 07, 2005


The Director

30,000 US Military Troops Not Citizens

30,000 US Military Troops Not Citizens

WASHINGTON (UPI) -- More than 20,000 military personnel have become U.S. citizens since the Sept. 11 terrorist attacks, according to the Pentagon.

Another 5,000 have applications pending for citizenship, with that process being expedited for military members, shortening the wait from about nine months to 60 days.

There are still about 30,000 active duty and 11,000 Guard and Reserve personnel in the military who are not U.S. citizens, according to Under Secretary of Defense for Personnel David Chu. He testified Tuesday before the Senate Armed Services Committee on personnel issues facing the military.

Copyright 2005 by United Press International. All rights reserved.


20,000 + 5,000 + 30,000 + 11,000 = 66,000

The US Army is becoming an army of mercenaries recruited from our growing population of illegal immigrats who are promised US citizenship in exchange for their service. Kind of makes a mockery of the idea of an "all volunteer force"... - Etienne

San Francisco Bay Guardian News: We're all paranoid

San Francisco Bay Guardian News

A pair of Texas oilmen become president and vice president in 2000, thanks to support from the military-industrial complex, Wall Street, and neoconservative ideologues determined to have the United States retain its dominance as the last remaining superpower.

Those political leaders and strategists believe the key to continued U.S. economic and military supremacy – indeed, the American way of life – is control of Eurasia and its vast oil reserves. It's a belief they've openly expressed in lectures, papers, and books. And their meetings with top energy officials confirm that the United States will need to have that control sooner than later, despite rising anti-Americanism in an area that also happens to be the center of the Islamic world.

They know the American people won't support such crude empire building without some trigger, some "new Pearl Harbor," as Dick Cheney's Project for the New American Century called it in a paper it put out in 2000. So when they start getting intelligence briefings with titles like "Bin Ladin Determined to Strike in U.S.," they either simply do nothing, or maybe some faction of them actively facilitates this attack by the former Central Intelligence Agency asset's terrorist group.

To believe this theory, you have to believe U.S. officials are willing to allow the deaths of thousands of innocent people – and to perpetuate a vast set of lies and cover-ups – in order to further what they consider to be vital U.S. strategic and economic interests. Put another way, you have to believe the attacks of 9/11 could have been another in a long line of appalling events in U.S. history that were manipulated and, in some cases, entirely fabricated as a pretext for war – from the sinking of the Maine to the Gulf of Tonkin incident.

BBC NEWS | Americas | Republican 'paid family $500,000'

BBC NEWS | Americas | Republican 'paid family $500,000'

The Republican leader in the US House of Representatives reportedly paid his wife and daughter $500,000...

"Mrs DeLay provides big picture, long-term strategic guidance and helps with personnel decisions," Mr DeLay's Americans for a Republican Majority committee (Armpac) said in a statement.

"Ms Ferro is a skilled and experienced professional event planner who assists Armpac in arranging and organising individual events," it added.


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