So much is going on in the world today that just doesn’t make sense. Has the world turned upside-down or are we on the wrong side of history??
Video: POWERFUL VIDEO: I Stand with Israel! Glenn Beck says the Administration on Wrong Side (excerpt from 03.29.11 Show)
So much is going on in the world today that just doesn’t make sense. Has the world turned upside-down or are we on the wrong side of history??
Video: Things Just Don’t Make Sense
Obama aide credits the Prez for Libyans' uprising:
Samantha Power, a former news reporter and White House aide (and wife of Cass Sunstein), has said that Obama's speeches on human rights over the last two years have sparked the uprisings in Libya and throughout the Middle East. Read the full story HERE.
It is looking more and more that as bad a Gadhafi is, we may again be backing the wrong side… the rebels supported by Al-Qaeda and that we are involved for all the wrong reasons but still being the main player, yet we will be turning over our decision making power to a committee.
Cass Sunstein's wife 'has Obama's ear'
The NYT ran a feature article on Cass Sunstein's wife ('Still Crusading, but Now on the Inside') that explains how this former activist is now part of the President's inner circle when it comes to foreign policy. She's allegedly the voice who pushed the President into 'kinetic military action' with Libya. Glenn explains why the most dangerous man in America's wife is…well, dangerous. Get the details from radio today
Video – Part 1 of 5 – March 29th, 2011 Show Who is America Standing With… Who Are You Standing With?
Video – Part 2 of 5 – March 29th, 2011 Show Did Someone Tell Obama That There Is No “I” in Team of Committee?
Video – Part 3 of 5 – March 29th, 2011 Show – The 12th Imam (Iran’s Teachings)… Hope Faith and Charity, Not Hatred
‘The Coming Is Near’: New Eerie Iran Propaganda Video – Trumpets Imminent Return of the 12th Imam
Video – Part 4 of 5 – March 29th, 2011 Show Our Financial Debt and the Japanese Financial Tsunami
Japan Says Quake Rebuild to Cost as Much as $309 Billion
Stephen Lerner doubles down: this is our moment!
No one in the press feels the need to question Lerner on his economic terrorism plot against the United States, but they sure are happy to let him spew his anti-American propaganda in fabulous op-ed columns! Is Lerner backing off his desire to crash the U.S. stock market and in turn the economy? Or is he doubling down? One guess what this radical union thug is doing...find out HERE
Video – Part 5 of 5 – March 29th, 2011 Show WSJ: Suggestions for Fixing the Financial Crisis
Stephen Lerner Doubles Down on ‘Economic Terrorism’ Plain in New WSJ Op-Ed
Its a Soros NWO and he wants to put America in its place!
ECONOMIC DISORDER
It's a Soros World Order
'Bretton Woods Conference' designed to create global economy
Billionaire investor George Soros has stepped up his funding of direct efforts to establish a global new world order, seeking to reorganize the world economy to reduce the importance of the U.S. economy.
On April 8, Soros is funding what is shaping up to be an international conference aimed at repeating the famed 1944 Bretton Woods conference that helped create the World Bank and the International Monetary Fund at the end of World War II, according to a report by the Media Research Center, or MRC.
This time, Soros is spending $50 million to rally 200 academic, business and government policy leaders to explore "establishing new international rules" and "reform the currency system."
What Soros wants to accomplish is to move along the globalist agenda of replacing the U.S. dollar as the world's reserve currency, with the goal of diminishing the ability of the United States to set the terms for the global economy.
The Institute for New Economic Thinking, or INET, a New York City-based Soros-funded group, is hosting the conference scheduled for April 8-11, 2011, at the Mount Washington Hotel in Bretton Woods, N. H., the site of the original conference that set the post-World War II global financial structure until now.
The MRC report noted the speakers scheduled at the INET event leave no doubt about Soros' purpose:
Paul Volker, chairman of President Obama's Economic Advisory Board: MRC notes Volker wrote the forward to Soros' best-known book, "The Alchemy of Finance," and praised Soros as "an enormously successful speculator" who wrote "with insight and passion" about the problems of globalization.
Jeffrey Sachs, director of The Earth Institute and a long-time recipient of Soros grants: According to MRC, Sachs received $50 million for the U.N. Millennium Project, which he also directs. In 2009, Sachs, a noted leftist, complained about low U.S. taxes, saying the "U.S. will have to raise taxes in order to pay for new spending initiatives, especially in the areas of sustainable energy, climate change, education, and relief for the poor."
Soros' friend, Joseph E. Stiglitz, a former senior vice president and chief economist for the World Bank and Nobel Prize winner in economics: MRC noted Stiglitz shares similar views to Soros and has criticized free-market economists, whom he calls "free-market fundamentalists."
INET Executive Director Rob Johnson, a former managing director at Soros Fund Management who is on the board of directors for the Soros-funded Economic Policy Institute: MRC observed that Johnson has complained that government intervention in the fiscal crisis hasn't been enough and wanted "restructuring," including asking "for letters of resignation from the top executives of all the major banks.
"Have no doubt about it: This is a Soros event from top to bottom," MRC concluded.
"The Soros empire is silent about this new Bretton Woods conference because it isn't just designed to change global economic rules," MRC wrote. "It also is designed to put American in its place - part of a multilateral world the way Soros wants it."
Soros, a post-American globalist
In his many books, billionaire hedge-fund manager George Soros has made clear he views economic globalism as an accomplished fact.
Financial markets became "truly global in the early 1990s after the collapse of the Soviet Union," Soros wrote in his book "On Globalization."
Yet, Soros warns, "While markets have become global, politics remain firmly rooted in the sovereignty of the state."
He is up-front that the formation of international institutions of governance has lagged behind the development of global markets: "The development of international institutions has not kept pace with the growth of global financial markets.
Private capital movements far outweigh the facilities of the International Monetary Fund and the World Bank."
Soros has offered many different proposals for overhauling the International Monetary Fund, the World Bank and the World Trade Organization.
Yet, always his conclusion is the same: Global financial markets require international regulation from a new generation of world governance organizations capable of imposing global political control over global economics.
That Soros derives his perspective from globalism is indisputable. "Globalism has made the world increasingly interdependent," he insists.
And again, "Although it would be utopian to replace the people's sovereignty with something else, that principle, on its own, is inadequate for today's increasingly interdependent world."
Keeping with the theme, Soros characterizes himself as a "stateless statesman."
Much of Soros' intellectual framework is based his education at the London School of Economics, where he was deeply influenced by philosopher Karl Popper's call for an "Open Society."
While Popper refused to give his call for an Open Society a precise definition, Popper railed against ideologies that proclaimed a person could only become free by becoming a true believer.
Popper identified Hitler's Nazism and Stalin's communism as enemies of the Open Society.
The Open Society is best understood as a type of intellectual and political freedom in which all ideas are constantly able to be challenged, based on the premise that there is no "political truth" as such, only a value relativism in which all ideas must be subject to constant challenge.
In a revealing passage, Soros identifies his antipathy to George W. Bush in terms fashioned from Popper's Open Society philosophy: "When I heard President Bush say, 'Either you are with us or you are with the terrorists,' I was reminded of Nazi propaganda."
Fundamentally, Soros criticized the "Bush agenda" as being "nationalistic," too focused on pursuing narrowly defined U.S. nation-state interests.
Soros was particularly vituperative toward Vice President Cheney whom he demonized as "the power behind the throne," and characterized as working with Defense Secretary Rumsfeld as having largely succeeded "in imposing their views on Bush."
Asking how he came to have a position of influence on world affairs, Soros honestly admitted, "I have made a lot of money."
FUEL PRICE SPIKE
Gas surges to $3.50 a gallon
Still, U.S. refuses to pressure OPEC, oil giants to increase supply
As average gasoline prices in the United States topped $3.50/gallon last week, according to Energy Information Administration estimates, President Obama was encouraging offshore drilling - in Brazil.
Still, while the liberals in Congress, including Obama, pounded President George W. Bush when gasoline prices spiked, Obama is getting a pass from the mainstream media.
The truth is that the U.S. government, under both Bush and Obama, has largely been responsible for keeping energy prices high, not just by a refusal to develop U.S. domestic oil and natural gas reserves, but by our cooperation with OPEC and the major oil companies in what amounts to international collusion to restrict the supply of oil and keep the price high.
The conundrum is this: Why, with a continuing worldwide economic downturn and the damage done to the Japanese economy by the earthquake and tsunami, are oil prices continuing to spike?
The answer lies in realizing high oil prices remain good business for oil producers, especially when the United States stands by watching, as if helpless to do anything to impact world oil supplies.
We are OPEC
Since the 1973 OPE oil embargo, Americans have largely perceived OPEC as being controlled by oil producers outside the power of the United States.
Still, since the initiation of the Iraq war in 2003 and the fall of Saddam Hussein, the United States has quietly assumed a seat at the OPEC table, through our occupation of Iraq and our control of Iraqi governmental processes.
Until OPEC adopted a $22-$28 per barrel price band for the OPEC basket of crude, oil prices only exceeded $28/barrel during times of war or conflict in the Middle East.
When OPEC abandoned its price band in 2005, oil began to surge.
Iraq currently produces about 2.5 million barrels of oil a day, 2 million of which are exported, a level of production close to that before the U.S.-led war deposed Saddam in 2003, but somewhat less that Iraqi production of oil before the Gulf War in 1991, according to CNN.
Instead of increasing Iraqi oil production for the benefit of the United States, the Obama administration has stood by idly, permitting China in August 2008 to sign a contract with the China National Petroleum Corporation, allowing China to develop a vast oil field in southern Iraq's Wasit province for the next 20 years.
Meanwhile, the Iraqi Oil Ministry has continued to negotiate short-term, no-bid contracts with U.S. and EU oil companies, including Exxon Mobil, Royal Dutch Shell, Total SA, Chevron and BP.
Even as the world demand for oil has tapered in conjunction with the reduced economic activity since 2006, in the worst global economic downturn since the Great Depression of the 1930s, oil has traded at or above $40/barrel, surging recently to more than $100/barrel with the political turmoil sweeping the Middle East and the civil war in Libya.
Still, since 2003 no congressional committee has demanded an investigation into why U.S. government officials from Washington to Baghdad have failed to insist upon a return to the OPEC price band that would hold the price of oil to the traditionally accepted price of oil at somewhere between $22-$28/barrel.
The high oil prices fly in the face of the worst recession since the Great Depression.
Global demand for oil, especially as we teeter on the second dip of a double-dip worldwide recession, should bring about falling prices in a truly free market.
Civil war in Libya is good for business
When U.S. sanctions on Libya were lifted in 2005, Occidental Petroleum was the first American company to resume operations there.
Today, Occidental Production in Libya remains constant at about 13,000 barrels a day, about 2 percent of Occidental's company-wide production, despite the onset of the civil war, Fox Business reported.
Last week, the U.S. Treasury banned U.S. companies from dealing with 14 entities controlled by Libya's National Oil Company, or NOC; the EU almost immediately followed suit with its own sanctions on oil companies owned by the Libyan government, the Wall Street Journal reported.
OPEC cut oil shipments to the lowest level since October, with shipments falling to 23 million barrels a day, down 1.8 percent from 23.46 million in the period to March 12, according to Bloomberg.
"It's a precipitous drop," Oil Movements founder Roy Manson told Bloomberg. "Market tightness will get worse through the spring as refiners are coming out of maintenance now and their capacity is up."
Meanwhile, Saudi Arabia has pledged to replace lost Libyan output.
Exactly how much the civil war in Libya will push oil prices up depends in large part on how long the conflict lasts.
Still, even with Saudi Arabia increasing output, the Libyan conflict provides a convenient excuse for OPEC to restrict supply, allowing market forces to spike the price of oil, despite the continuing worldwide recession and the disruption to economic activity caused by the earthquake and tsunami in Japan.
Red Alert wants to thank Carl Olson for suggesting this article.
Ayers & Dohrn fantasize about one world government (video)
This tender, loving, radical couple has been revolting for decades now. For a guy who allegedly has no connection to the President whatsoever, he seems to be a highly sought after speaker. The former domestic terrorists took questions and lovingly wax poetic about the possibility of a one world government system. Those crazy kids will never stop the craziness! STORY
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