Because it would cause massive protests?
Clipped from www.youtube.com
Paying for Pentagon: Tax $$$ fuel wars as cuts go deeper
See more at www.youtube.com
Tuesday, April 26, 2011
Why isn't US media covering this?
Monday, April 25, 2011
1979 Oil Crisis Repeated #peakoil #imf
Saudi, Iran, China, Brazil, India, Russia, France all want to stop using the dollar for oil trades and China is dumping USD.
Would NOW be a good time to go to solar and wind?
What happens to USA economy when oil isn't traded in USD? China dumping USD #IMF #SDR @ezraklein @chrislhayes @maddow
Clipped from www.independent.co.uk
The demise of the dollar
In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
China Dumping USD @maddow @ezrakein
Why is this not in the major US media? This is HUGE news.
Clipped from www.zerohedge.com
China Proposes To Cut Two Thirds Of Its $3 Trillion In USD Holdings
All those who were hoping global stock markets would surge tomorrow based on a ridiculous rumor that China would revalue the CNY by 10% will have to wait. Instead, China has decided to serve the world another surprise. Following last week's announcement by PBoC Governor Zhou (Where's Waldo) Xiaochuan that the country's excessive stockpile of USD reserves has to be urgently diversified, today we get a sense of just how big the upcoming Chinese defection from the "buy US debt" Nash equilibrium will be. Not surprisingly, China appears to be getting ready to cut its USD reserves by roughly the amount of dollars that was recently printed by the Fed, or $2 trilion or so. And to think that this comes just as news that the Japanese pension fund will soon be dumping who knows what. So, once again, how about that "end of QE" again?
Friday, April 22, 2011
Collapse of Industrialized World
This is a great film that should be understood by most and should not be construed as the liberal media agenda. National Geographic should be a trusted source of what's going on in the world.
Clipped from movies.netflix.com
National Geographic: Collapse
This National Geographic production looks ahead to a bleak hypothetical future, in which our civilization has completely collapsed. In the year 2210, a team of scientists set out to learn exactly what took down our seemingly indestructible society. Did we make the same mistakes the Romans, Incas and Mayans did that led to the collapse of their empires, or did a whole new set of circumstances lead to our downfall?
Thursday, April 21, 2011
Fossil Fuel's Last Ditch Effort #peakoil
Oil and gas companies that refuse to accept the finiteness of the resources they plunder are making every effort to stall the transition to renewables. What they fail to realize is that stalling with mean their demise will come even faster.
See Michael Ruppert's "Collapse"
Clipped from www.guardian.co.uk
Fossil fuel firms use 'biased' study in massive gas lobbying push
Industry urging governments and business to reject renewables in favour of 'green' shale gas
• Is shale gas as green as the companies say?
Energy Driven Crisis in USA #peakoil
Of the six US recessions since 1970, all but the "9-11 year 2001 recession" have been linked to—of not triggered by—energy prices that crossed the 6 percent of personal consumption expenditures, he said. (During the shallow 2001 recession, energy prices had risen to about 5 percent of spending, which is higher than the long-term 4 percent share.)
Clipped from m.cnbc.com
The combination of rising gasoline prices and the steepest increase in the cost of food in a generation is threatening to push the US economy into a recession, according to Craig Johnson, president of Customer Growth Partners.
Inflation is MUCH Higher than we r told
It seems that Reagan and his administration did a swell job of destroying the nation and fooling at the same time.
Tuesday, April 19, 2011
S&P US Outlook An Opportunity #peakoil
Opportunity to cut military expenses by $300-400B, and invest $100B or so in solar and wind infrastructure. China and Germany are WAY ahead of us and #peakoil is COMING!!
Clipped from www.zerohedge.com
STUNNER: S&P REVISES US OUTLOOK TO NEGATIVE
- Because the U.S. has, relative to its 'AAA' peers, what we consider to be very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us, we have revised our outlook on the long-term rating to negative from stable.
#peakoil coming sooner than u think
Watch Michael Ruppert's "Collapse" and then reread this article
Clipped from www.businessinsider.com
Why The Decline In World Oil Supply Will Be Faster Than Anyone Expects
Monday, April 18, 2011
Saudi Vs. Iran in New Cold War #peakoil
Lets see, Saudi is probably running out of oil while Iran is fully stocked. China and Russia are investing in Iran and the US is heavily invested in the relationship with Saudi, as they own US treasuries, US assets, and are the backbone for US oil imports.
We are in Iraq with a permanent force of 50,000. Perhaps the Bush-Cheney-Rumsfeld plan was to secure a source of oil all to itself since the rest of the middle east is set on destroying itself.
Neither Iran nor Saudi are democracies but unrest in Egypt, Tunisia, Yemen, Libya, Bahrain, etc is driven by high food prices which relates to climate change and peak oil.
Things that make you go hmmmm.
Clipped from www.wallstreetjournal.com
The New Cold War
There has long been bad blood between Iran and Saudi Arabia, but popular protests across the Middle East now threaten to turn the rivalry into a tense and dangerous regional divide.
For three months, the Arab world has been awash in protests and demonstrations. It's being called an Arab Spring, harking back to the Prague Spring of 1968.
Oil Spike Good 4 Local Farmers #peakoil
Yes! Down with Corporate farming! Soon we will only be able to buy local in season items. The challenge will be for people who live in areas where local food is not an option.
Clipped from www.businessinsider.com
If the price of oil continues to stay high, we are going to see much higher food prices and some forms of food production will no longer make economic sense at all
Image: kylewith via Flickr
The price of oil may be the biggest factor on this list. The way that we produce our food is very heavily dependent on oil.
The way that we transport our food is very heavily dependent on oil. When you have skyrocketing oil prices, our entire food production system becomes much more expensive.
Source: NPR
WW3 - Saudi Arabia vs. Iran #peakoil
If Saudi runs out of food and oil, then Iran will be stronger than ever.
Clipped from www.businessinsider.com
It is being projected that there will be no more wheat production in Saudi Arabia by the year 2012
Due to a lack of water, some countries in the Middle East find themselves forced to almost totally rely on other nations for basic food staples.
Global Food Crisis @chrislhayes #peakoil
How are the current global economic and food and water crisis different from before? #peakoil that's what.
Clipped from www.businessinsider.com
20 Signs That We're Approaching A Global Food Crisis
It may not be today, and it may not be tomorrow, but it is going to happen. Crazy weather and horrifying natural disasters have played havoc with agricultural production in many areas of the globe over the past couple of years.
Saturday, April 16, 2011
@maddow on Right Vs Poor
http://www.bestoftheleftpodcast.com/
- Jeremy
415-299-9335
Sent from my iPhone...
- Jeremy
415-299-9335
Sent from my iPhone...
Thursday, April 14, 2011
Caribbean Islands Own US Treasury Bonds
Where di they get all the money to buy our national debt? Taxes on US banks that run their profits offshore to reduce their tax burden?
Why dont we invade Cayman and take em out? That would save $143B in the national debt.
Clipped from www.cnbc.com
The Biggest Holders of US Government Debt
US debt holdings: $146.3 billion
The US Treasury identifies this group as institutions in the Bahamas, Bermuda, the Cayman Islands, Netherlands Antilles, Panama and the British Virgin Islands.
Holdings are currently listed at $146.3 billion, down about $20 billion from 2010's high of $166.3 billion in May 2010. The group's all-time high of $213.6 billion was reached in March 2009.
USA Inc Needs a Bailout? #TBTF
If it wasnt for the Fed printing money and borrowing from every Tom Dick and Harry, we would probably need a bailout like Greece, Ireland, Spain, Italy, etc...
Clipped from www.cnbc.com
Banks Face $3.6 Trillion 'Wall' of Debt: IMF
The world's banks face a $3.6 trillion "wall of maturing debt" in the next two years and must compete with debt-laden governments to secure financing, the IMF warned on Wednesday.
The IMF and European Union bailed out Greece and Ireland, and are in talks with Portugal on a lending program as sovereign borrowing costs surge.
US banks built up capital buffers in 2009, when regulators completed a set of stress tests that revealed some large holes.
It said government debt was generally high and on a worrying upward path in many advanced economies.
It repeated its warning that the United States and Japan faced particularly dangerous debt dynamics.
Who's UR Daddy? Banks, Oil, Pharma,Govt?
So this farmer says he is beholden to oil (fertilizer) and oil / pharma (drugs) and he is against all those that live off of government aid.
Clipped from www.ritholtz.com
The ‘How’ of a Collapse Is Not Our Only Concern
IMF Warns US on Debts? @chrislhayes
Didnt they just tell the Fed it should keep the gas pedal on with QE3, essentially suggesting we should borrow more? WTF?
Who is their puppetmaster?
Clipped from www.cnbc.com
IMF Warns US on Debts, Wants Austerity
The US lacks a “credible strategy” to stabilize its mounting public debt posing a small but significant risk of a new global economic crisis, says the International Monetary Fund.
In an unusually stern rebuke to its largest shareholder, the IMF said the US was the only advanced economy to be increasing its underlying budget deficit in 2011 at a time when its economy was growing fast enough to reduce borrowing.
Tax on Speculation Could Reduce Deficit
But the American banks and Federal Reserve would probably not even entertain this idea since they are all in cahoots on their little pyramid scheme.
Clipped from www.guardian.co.uk
World economists urge G20 ministers to accept Robin Hood tax
1,000 number-crunchers have written to policymakers asking them to impose levy on City speculators to help poor
They argue that if a tax were levied on transactions such as currency trading at just 0.05%, it could raise hundreds of billions of dollars to be ploughed into international development and climate change projects. Some of the proceeds could also be retained by governments in the countries where the transactions take place, including the UK, helping to repair the hole in governments' coffers.
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