It's Official: #ISIS is now also an oil cartel

From Zerohedge:

We recently explained how ISIS remains so well funded but what was unclear was who exactly what purchasing their 'recently-provisioned' oil reserves? The assumption being some desperate third-world nation or some scheming offshore hedge-fund arbitrageur; however, as Sott.net reports, a senior European Union official has revealed that some EU member states have purchased oil from ISIL Takfiri militants despite their rhetoric against the group. The official declined to disclose any names but Turkey remains a front-runner (having already shunned President Obama) and potentially France (after their recent anti-Petrodollar comments).

As The Daily Signal's Kelsey Harkness ( @kelseyjharkness ) notes,

According to the Iraq Energy Institute, an independent, nonprofit policy organization focused on Iraq’s energy sector, the army of radical Islamists controls production of 30,000 barrels of oil a day in Iraq and 50,000 barrels in Syria.

And now we know who is buying... (as Sott.net reports)

A senior European Union official has revealed that some EU member states have purchased oil from ISIL Takfiri militants despite their rhetoric against the group.

In a briefing to the European Parliament Foreign Affairs Committee, EU Ambassador to Iraq Jana Hybas-kova said some European countries have purchased crude from the ISIL.

She, however, refused to disclose any names despite pressure by some Parliament members to do so.

The EU official also warned against any support by the West for separatist Kurdish groups who, she said, would destabilize the Middle East.

Earlier reports accused Turkey of buying and transporting oil from both the ISIL and Qaeda-linked Nusra Front. According to the reports, Western intelligence agencies could track ISIL oil shipments as they moved across Iraq and Turkey.

ISIL reportedly controls eleven oil fields in northern Iraq as well as Syria's Raqqa province.

US intelligence officials estimate that the Takfiri militants earn more than USD 3 million a day from oil profit, theft, human trafficking and ransom. They say the militants sell oil and other products via established networks in Turkey, Jordan and Iraq's Kurdistan region. ?Turkey has denied reports of involvement in ISIL's oil smuggling operations.

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Obama Supports Al-Qaeda. Blowback is Inevitable. Americans should be FURIOUS!

"Blowback" - invented by the CIA, refers to the unintended results of American actions abroad. Chalmers Johnson wrote a great book on it.  If you do not describe American foreign policy as "empire building" then you are a MORON.  If you blame just Obama, then you are a MORON because regime change has been in the works since before George Bush took office.  For more on that, read The Grand Chessboard by Zbigniew Brzezinski.  He's the guy who CREATED the Mujahideen in Afghanistan in the 1970's, provoking the USSR to invade, which ultimately caused their bankruptcy.  

At the very least read this passage:

Indeed, the American government has been providing arms, money and logistical support to Al Qaeda in Syria, Libya, Mali, Bosnia and other countries – and related Muslim terrorists in Chechnya, Iran, and many other countries.  So moderate Arabs all over the Middle East and North Africa are becoming furious at U.S. interventionist policies.

---From Zerohedge---

The protests in Egypt against president Mohammed Morsi were – according to the BBC – the largest in history.

The Egyptian military threw Morsi out in a coup today.

Why?

Irish Times reports:

Army concern about the way President Mohamed Morsi was governing Egypt reached tipping point when the head of state attended a rally packed with hardline fellow Islamists calling for holy war in Syria, military sources have said.

***

Mr Morsi himself called for foreign intervention in Syria against Mr Assad, leading to a veiled rebuke from the army, which issued an apparently bland but sharp-edged statement the next day stressing that its only role was guarding Egypt’s borders.

***

“The armed forces were very alarmed by the Syrian conference at a time the state was going through a major political crisis,” said one officer, whose comments reflected remarks made privately by other army staff. He was speaking on condition of anonymity because he was not permitted to talk to the media.

***

For the army, the Syria rally had crossed “a national security red line” by encouraging Egyptians to fight abroad, risking creating a new generation of jihadists, said Yasser El-Shimy, analyst with the International Crisis Group.

At the heart of the military’s concern is the history of militant Islam in Egypt, homeland of al-Qaeda leader Ayman al-Zawahri. The military source condemned recent remarks made by “retired terrorists” allied to Mr Morsi, who has deepened his ties with the once-armed group al-Gamaa al-Islamiya.

Obama had recently sent American troops to prop up Mursi, and the protesters were furious at the U.S. for backing Islamic radicals.

(The U.S. backed Egypt's previous dictator, as well).

Support of Western intervention in Syria was also one of the main causes of the recent enormous protests in Turkey … which came close to toppling the Turkish leadership.

Indeed, the American government has been providing arms, money and logistical support to Al Qaeda in Syria, Libya, Mali, Bosnia and other countries – and related Muslim terrorists in Chechnya, Iran, and many other countries.  So moderate Arabs all over the Middle East and North Africa are becoming furious at U.S. interventionist policies.

Note:  The coup is a set-back for the U.S., because Egypt - unlike Iraq, Libya, Syria, and Iran - isn't on the 20-year-old list of countries targeted for regime change.