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December 16, 2011

Iran Threatens To Send ‘OIL’ To $200 A Barrel

Are you ready for ‘OIL’ to skyrocket to $200 a barrel? Iran is! And, they’re prepared to play their trump card to send it there.

Faced with a rash of mysterious explosions, military drones caught flying overhead, and renewed promises to end their nuclear ambitions, the Iranians are threatening to close the Strait of Hormuz — otherwise known as “the economic jugular vein of the world” — again.

As Iranian lawmaker Parviz Sarvari said yesterday, “Soon we will hold a military maneuver on how to close the Strait of Hormuz. If the world wants to make the region insecure, we will make the world insecure.”

The announcement came just weeks after Iran’s energy minister told Al Jazeera television that Tehran was prepared to use oil as a political tool in any “conflict over its nuclear program.”

Given Iran’s dominance over this bottleneck for oil exports from the Persian Gulf, this is a promise they can likely keep…

Today’s price of $100 a barrel doesn’t even come close to pricing in the geopolitical calamity closing the Persian Gulf would present.

Just 34 miles wide, thirteen tankers carrying 15.5 million barrels of crude oil pass through the Strait each day, making it one of the world’s most important waterways.

In all, 33% of the oil shipped via tankers passes through the Strait of Hormuz.

The Strait is so vital to the world economy, its closure would be considered an act of war that only the U.S. Navy has the power to fix…

 
Source: https://www.wealthdaily.com/articles/iran-threatens-to-send-oil-to-200-a-barrel/3335

It’s On: Iran Closes Straits Of Hormuz, Oil Explodes

By Tyler Durden

Iran has closed the Straits of Hormuz for military training as was expected yesterday, according to RanSquawk. Oil, and all other commodities, are soaring.

And for those curious about more, RanSquawk speculates that the source of the data is a report in the Tehran Times saying that Iran will hold War Games in which it would close the Straits. Unclear if this is what Ran referenced when they said the Straits were already closed.

TEHRAN - MP Parviz Sorouri of the Majlis National Security and
Foreign Policy Committee has said that Iran plans to practice its
ability to close the Strait of Hormuz, one of the world’s most
strategically important chokepoints, which accounts for about 30% of the
world’s seaborne oil shipments.

Currently,the Middle East region supplies 70 percent of the world’s energy needs,
(most of) which are transported through the Strait of Hormuz. We will
hold an exercise to close the Strait of Hormuz in the near future. If
the world wants to make the region insecure, we will make the world
insecure,” ISNA quoted Sorouri as saying on Tuesday.

 

Source: https://www.zerohedge.com/news/its-iran-closes-straits-hormuz-oil-explodes

As Chinese President Advises Navy To Prepare For War And Iran Readies Its Missiles, Is $250/barrel Crude Oil Near?

Iran’s foreign minister had earlier warned of a $250/bbl Crude Oil in the event of attempting to harm the country. With China preparing for military combat and Iran readying its missiles, $250/bbl does not seem like a distant possibility.

The smell of war

-Yahoo News reported Chinese President Hu Jintao as saying that the Chinese Navy should “make extended preparations for warfare” and urged his navy to prepare for military combat. This follows statements by China’s Major General Zhang Zhaozhong who said that China will not hesitate to protect Iran even with a Third World War in order to safeguard its domestic political needs.

-The Telegraph meanwhile has reported that Gen Mohammed Ali Jaafari, the commander of Iran’s Revolutionary Guards has raised the operational readiness of status of country’s forces, initiating preparations for potential strikes and covert operationswhile also initiating plans to disperse long-range missiles, high explosives, artillery and guards units to key defensive positions

Crude oil aims for the sky

-Iran is the third largest exporter of crude oil in the world. Much bigger than Libya. Problems in Libya had pushed prices to $110 and even though it declined, later on, oil is still at $100/bbl because of the tight physical market. So obviously the loss of oil from a much larger oil exporter like Iran could easily push up prices to scary levels.

-However, the most important reason prices could spike to $250/bbl and even above is the fact that Iran nearly controls the Strait of Homruz through which almost 18% of the world’s daily oil flows from the Middle East. It is the single most important oil waterway in the world. Conflict in the area will result in a loss of millions of barrels of oil which will definitely propel prices to unseen levels.

Cracks in the economy
Even at current prices, $100 oil is terribly expensive. Imagine the case of a $250/bbl scenario! That’s a 150% rise in fuel prices alone together with rising cost of food, consumables and every form of products that requires transportation. And this will happen at a time when personal income will remain stable/unchanged!

In a world where economies are contracting,growth is slowing, unemployment is increasing, public dissent is rising and governments are becoming nearly bankrupt and insolvent, a $250/bbl oil is the last thing the world needs. Combined with the trillions of war dollars (possibly funded by even more debt) that will be spent, a war will easily set back the economy by decades!

 

Source: https://www.commodityonline.com/news/as-chinese-president-advises-navy-to-prepare-for-war-and-iran-readies-its-missiles-is-$250barrel-crude-oil-near-44248-3-1.html

Iran Oil Sanctions Set to Shrink the Circle of Foreign Buyers

Iran faces new hurdles to getting paid for its oil as the U.S. tightens financial sanctions to deter buyers from the world’s third-largest crude exporter.

The U.S. approved additional curbs on Iran’s banking system and oil industry on Nov. 21, hoping to thwart the country’s nuclear program, and the European Union may follow. Current sanctions have led Indian importers to route payments for Iranian crude through a Turkish bank. These refiners, concerned Turkey may stop cooperating amid the latest U.S. rules, are asking banks in Russia to arrange alternatives, said three people with direct knowledge of the situation.

“The idea of the sanctions is to shrink the circle of buyers and so increase their ability to extract discounts from Iran,” said Robin Mills, an analyst at Dubai-based Manaar Energy Consulting, who worked for a decade at Royal Dutch Shell Plc (RDSA) in the Middle East.

The U.S. is stepping up pressure after a Nov. 8 report from the United Nations’ International Atomic Energy Agency concluded that Iran was working on a nuclear weapons program. At stake is crude supply from the OPEC nation, whose exports last year were exceeded only by those of Saudi Arabia and Russia. Oil is Iran’s main source of income, earning it $56 billion in the first seven months of 2011, according to U.S. Energy Department estimates.

The country pumped 3.6 million barrels a day last month, a Bloomberg survey showed, and exported an average 2.58 million barrels a day in 2010, according to Organization of Petroleum Exporting Countries statistics.

European Pressure

“On Iran, we need to step up pressure,” EU President Herman Van Rompuy told ambassadors today in Brussels. “The EU is preparing new restrictive measures,” he said.

France has proposed that the EU ban Iranian oil, French Budget Minister Valerie Pecresse said Nov. 23. Maja Kocijancic, an EU spokeswoman, said the same day that European foreign ministers will discuss the topic at a meeting scheduled for tomorrow. Iran, which is already subject to some UN and EU sanctions, denies it is developing nuclear weapons.

Iranian protesters broke into and vandalized the British Embassy’s compound in Tehran yesterday. U.K. Prime Minister David Cameron, in a statement, called the attack “outrageous and indefensible” and said all staff had been accounted for. Britain today ordered the closure of Iran’s embassy in London.

Financial Impact

“The latest measures will make it even harder for people to finance trade with Iran,” said Nick Grandage, a London-based partner at law firm Norton Rose LLP, who specializes in trade finance. Sanctions have stifled trading of Iran’s oil in London, Europe’s financial hub, and may have forced importers to pay for crude in non-dollar currencies, he said in a Nov. 22 interview.

Should Europe adopt more formal restrictions on Iranian crude, the Persian Gulf nation would likely be forced to offer oil more cheaply to refiners in Asia, its biggest market, Olivier Jakob, managing director at Oberwil, Switzerland-based Petromatrix GmbH, said in a Nov. 28 note to investors.

By targeting financial transactions and stopping short of sanctioning international trade in Iranian oil, the U.S. aims to pressure Iran without risking a surge in crude prices at a time of global economic fragility, said Mills of Manaar Energy.

Russia Option

Indian refiners, which got 11 percent of their imported oil from Iran in 2010, are trying to arrange a conduit for payments via Russia, said the three people familiar with the matter, declining to be identified because the talks are private.

Vladimir Lavrov, a spokesman for Russia’s central bank, declined to comment this week about the Indian effort. The U.S. sanctions against Iran are “unacceptable and violate international law,” Russia’s Foreign Ministry said Nov. 22. Turkey, which gets half its oil imports from Iran, also criticized the U.S. action.

Turkiye Halk Bankasi AS (HALKB), the Ankara-based lender Indian refiners have used to transfer cash to Iran, declined to comment on its transactions other than to say Halk complies with UN rules, according to a bank official, who cited company policy for declining to be identified.

Iran’s past flexibility over payment terms makes it an attractive supplier. The country gives Indian refiners 90 days to pay their bills, compared with 30 days from Saudi Arabia, according to the people with knowledge of those purchases. When Indian importers were unable to pay on time because of sanctions, Iran kept supplying them even as they amassed $5 billion in unpaid invoices.

Saudi Crude

Saudi Arabia will increase oil shipments to Indian refiners next year, four people with knowledge of the plans said Nov. 15. India’s Petroleum Ministry Media Director R. C. Joshi didn’t answer two calls for comment to his mobile phone yesterday.

Refiners in Europe, collectively the second-largest market for Iranian oil after China, may also face difficulties from tighter constraints on transactions with Iran.

“Europe has been importing crude oil from Iran, and it certainly hasn’t lowered amounts recently,” Jakob of Petromatrix said by telephone Nov. 22. “Greece is importing most of its crude oil from Iran.”

A potential EU ban on Iran’s oil would have a smaller financial impact on European companies than the recent Libyan crisis because state-run entities control oil output, Fitch Ratings said in a note today. Still, European companies “would feel the impact of a ban through their refining operations as they would have to replace Iranian crude,” it said.

Greek Refiners

Motor Oil Hellas SA Chief Executive Officer Petros Tzannetakis said on a conference call yesterday that a potential ban would not affect it because the Greek refiner sources crude from other nations such as Saudi Arabia and Russia. Hellenic Petroleum SA (ELPE), Greece’s biggest refiner, declined to comment on Nov. 25 on its exposure to Iran.

Oil prices rose this year as political turmoil in the Middle East stoked concern about the reliability of supply. The price of European benchmark Brent crude rose to more than $125 barrels a day in April as exports from Libya dwindled because of the rebellion in that country. Brent has risen 18 percent this year and traded at $111.63 a barrel at 1:59 p.m. in London.

Iran’s three biggest national customers — China, Japan and India — together buy more than half its exported oil, according to U.S. Energy Department data. This concentration of customers and Iran’s reliance on oil sales for income make the country vulnerable to disruptions, Jakob said.

China Wins

An unintended consequence is that China, a critic of the latest U.S. sanctions, may benefit from any price discounts, said Mills, the Dubai-based consultant. “It will favor non-U.S. allies who will be able to get oil somewhat more cheaply.”

China accounted for 22 percent of Iran’s export volumes in the first half of this year and increased its purchases by 27 percent over the same period of 2010, U.S. data show. The EU, Japan and India bought 18 percent, 14 percent and 13 percent of Iran’s oil, respectively.

China’s economic ties don’t violate UN Security Council resolutions, Foreign Ministry spokesman Liu Weimin said Nov. 24.

Iranian Oil Minister Rostam Qasemi said in a Nov. 19 television interview with Al Jazeera that any disruption to his nation’s oil exports would create “severe problems” for global markets. Iran abuts the Strait of Hormuz, a chokepoint for about one-fifth of the world’s traded oil supplies.

“If Iran were to respond to outside aggression by sealing off the Straits of Hormuz, this would severely hamper exports from Saudi Arabia, Iraq, Iran, Kuwait, Qatar and the United Arab Emirates,” researchers led by David Wech at Vienna-based JBC Energy said in a Nov. 23 report.

Source: https://www.bloomberg.com/news/2011-11-29/iran-financial-sanctions-set-to-shrink-circle-of-foreign-buyers-of-crude.html

Yellowstone Oil Spill Disaster 63,000 Barrels 240 Miles Estimated

The Lies continue:

And just imagine with an election coming up the rest of the lies that will follow.

ExxonMobil and the Obama administration faced a growing credibility gap on Thursday over their management of a pipeline break that has fouled the Yellowstone river.

Clean-up crews have yet to reach the site of the pipeline break nearly a week after the rupture, which leaked 42,000 US gallons (159,000 litres) of oil into the Yellowstone, one of the last undammed rivers left in America.

State officials in Montana criticised oil company executives for offering conflicting accounts of the pipeline breach and its safety record.

SkyTruth, which came to prominence last year for satellite maps tracking the BP oil spill in the Gulf of Mexico, has also questioned Exxon’s initial estimates of the size of the leak. SkyTruth’s founder, John Amos, said his calculations suggested a leak of 63,000 US gallons, or nearly half again as much as Exxon’s estimate of about 42,000 US gallons.

Environmental organisations, meanwhile, accused federal government regulators of failing to ensure safe operation of the pipeline until it was too late.

“We don’t need regulators to tell us that a pipeline gushing oil into our rivers is not operating safely. We need them to create rules and standards that ensure pipelines don’t do that in the first place and we don’t seem to have that,” said Anthony Swift, energy campaigner at the Natural Resources Defence Council.

The pipeline safety authority ordered Exxon to make safety improvements to the pipeline on Tuesday — four days after the breach.

The oil company and federal government officials believe that severe flooding eroded the riverbed in which the pipeline was buried, exposing the structure to damage. Ken Olson, the mayor of the nearby town of Laurel, Montana, said the Exxon crew were at work two weeks ago trying to protect the pipeline. He said he saw crews building a berm around a valve.

“We’ve experienced erosion last year, and again this year we saw even more. The amount of erosion we experienced this year I would consider, as an amateur, to be a 100-year event. I never saw anything like it,” Olson said.

The record erosion has turned the focus towards the depth of the pipeline below the riverbed.

In filings with the pipeline safety authority last December, Exxon claimed that the pipeline was at least 5 feet (1.5 metres) beneath the riverbed. The pipeline authority had faulted the oil company for a series of other probable violations in July 2010.

After a temporary shutdown of the pipeline last May, following safety concerns being raised by local officials, Exxon reported on 1 June the line was at a depth of 12 feet. However, ExxonMobil Pipeline Company president Gary Pruessing said on Wednesday he could not verify that figure.

It was the third discrepancy in Exxon’s account of the pipeline. The oil company had initially claimed that it took 30 minutes to shut off the pipeline, when it fact it took 56 minutes.

The company was also forced to acknowledge that oil from the ruptured pipeline had caused far wider damage than its initial claims of a 10-mile stretch of the river. The pipeline authority said aerial surveillance had detected oil as far as 240 miles away from the breach.

A spokesman for the pipeline authority refused to confirm Exxon’s claims to have buried the pipeline at the greater depth of 12ft. He also gave no indication that the safety authority had directed Exxon to increase the amount of earth shielding the pipeline, despite forecasts of an unusually heavy flood season.

“Exxon made two relatively reckless moves. One was building a pipeline that shallow in a flood prone river. The second was to restart the pipeline in May despite heavy flooding,” said Alex Swift, the pipeline safety campaigner for the Natural Resources Defence Council. “But again a key issue here is that it was allowed to do that by the regulators.”

 

Women’s Rights in Saudi Arabia

Recently, the dictator Abdullah of Saudi Arabia (who for the traditional media remains as a democratic and righteous king) granted in an absolutely benevolent form the right to vote being passed for the women of his country.

The treatment of Abdullah goes together with the sympathy shown by the media to the dictator - or “president” - of Yemen, Ali Saleh, who has not fallen out of favor with the U.S., the parameter for media likes or dislikes. Treatment differs from that given to Bashar al Assad and Qaddafi, who quickly turned to bloody dictators for the media.

Palms and celebrations of the press, praise from allies and, of course, effusive congratulations from the U.S., who insist on bringing democracy to their enemies, but never to friends.

Is there indeed a difference in the treatment of women in Saudi Arabia? Did it change or will anything change in … 2015, when will the elections come? As a matter of fact, which elections?

The country is a dictatorship where the “King,” is in charge, simple as that. Municipal elections take place soon, but of course this is not real benevolence that will now cost while the people must “be used” by the news. Read: it is necessary to cool enthusiasm and mask the inefficiency or inability to implement the decision broadly.

In addition to performing in local elections (half of whose members are elected and half appointed, but in the end have almost no power), women may also be part of the Shura, something like the national parliament. But this does not even come close to the popular vote, which is fully nominated by the “king.” That is, women can enter only if the king wants! They have to be a friend of the king, or the king’s woman …

It will be interesting in a country run by laws dictated by the mullahs that do not even allow women to drive. Women are dictated to by ruling mullahs, in a form hardly apparent, without effective powers.

It seems counter-intuitive. One sees how cosmetic the permission is from benevolent King Abdullah. Women can compete, but compete for what?

The issue goes even further. The king is not stupid, he doesn’t remain in power for decades without a modicum of intelligence (oil, wealth and being good friends with Yankees helps, of course). The idea is to give women a false power. Give them something that ultimately makes no difference outside of on paper.

Why, women can now vote. But they still need permission from their husbands to leave the house to go out and vote. They need permission from their husbands to apply!

If women cannot even leave the house unaccompanied, how and why the heck will they compete for any political office or even vote? Only with permission of their husbands (or parents, fathers, brothers, a “responsible” man). Something for the majority that is the same as nothing. Will they remain cloistered and void?

In Saudi Arabia - the most undemocratic and dictatorial country in the world, but a good friend of America - women have the same relevance as a cocoa bush, they exist only to give pleasure, to be consumed while they have some gas and cannot leave their place alone

Yes, the comparison is bad, but I think I understand. But well, as one expects how can women apply for and be elected if they cannot leave the house? If you cannot drive a car, or are not entitled to anything as human beings?

Imagine if, by some miracle, the king selects a woman for the Shura. She will legislate over her husband, over other men, but to even to go to parliament she needs the permission of these same men. To simply go out of the house! If the woman does not live in Riyadh, the capital, she needs permission to travel!

Abdullah gave women a right they can hardly enjoy, but still managed to deceive half the world (at least the half that takes pleasure in being deceived).

Celebrating this “victory” is the same as celebrating the “victory” of the mighty Libyan “rebels,” and that hypocrisy. A “victory” in which the side will not be able to enjoy the prize, given that they need permission to do so and they lack even a political system capable of allowing the effort to be valid, any change that makes a difference.

 

Source: https://english.pravda.ru/society/stories/27-10-2011/119448-Womens_rights_in_Saudi_Arabia-0/

The large families that run the World

Some people have started realizing that there are large financial groups that dominate the world. Forget the political intrigues, conflicts, revolutions and wars. It is not pure chance. Everything has been planned for a long time.

Some call it “conspiracy theories” or New World Order. Anyway, the key to understanding the current political and economic events is a restricted core of families who have accumulated more wealth and power.

We are speaking of 6, 8 or maybe 12 families who truly dominate the world. Know that it is a mystery difficult to unravel.

We will not be far from the truth by citing Goldman Sachs, Rockefellers, Loebs Kuh and Lehmans in New York, the Rothschilds of Paris and London, the Warburgs of Hamburg, Paris and Lazards Israel Moses Seifs Rome.

Many people have heard of the Bilderberg Group, Illuminati or the Trilateral Commission. But what are the names of the families who run the world and have control of states and international organizations like the UN, NATO or the IMF?

To try to answer this question, we can start with the easiest: inventory, the world’s largest banks, and see who the shareholders are and who make the decisions.

The world’s largest companies are now: Bank of America, JP Morgan, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley.

Let us now review who their shareholders are.

Bank of America:

State Street Corporation, Vanguard Group, BlackRock, FMR (Fidelity), Paulson, JP Morgan, T. Rowe, Capital World Investors, AXA, Bank of NY, Mellon.

JP Morgan:

State Street Corp., Vanguard Group, FMR, BlackRock, T. Rowe, AXA, Capital World Investor, Capital Research Global Investor, Northern Trust Corp. and Bank of Mellon.

Citigroup:
State Street Corporation, Vanguard Group, BlackRock, Paulson, FMR, Capital World Investor, JP Morgan, Northern Trust Corporation, Fairhome Capital Mgmt and Bank of NY Mellon.

Wells Fargo:
Berkshire Hathaway, FMR, State Street, Vanguard Group, Capital World Investors, BlackRock, Wellington Mgmt, AXA, T. Rowe and Davis Selected Advisers.

We can see that now there appears to be a nucleus present in all banks: State Street Corporation, Vanguard Group, BlackRock and FMR (Fidelity). To avoid repeating them, we will now call them the “big four”

Goldman Sachs:

“The big four,” Wellington, Capital World Investors, AXA, Massachusetts Financial Service and T. Rowe.

Morgan Stanley:


“The big four,” Mitsubishi UFJ, Franklin Resources, AXA, T. Rowe, Bank of NY Mellon e Jennison Associates. Rowe, Bank of NY Mellon and Jennison Associates.

We can just about always verify the names of major shareholders. To go further, we can now try to find out the shareholders of these companies and shareholders of major banks worldwide.

Bank of NY Mellon:

Davis Selected, Massachusetts Financial Services, Capital Research Global Investor, Dodge, Cox, Southeatern Asset Mgmt. and … “The big four.”

State Street Corporation (one of the “big four”):
Massachusetts Financial Services, Capital Research Global Investor, Barrow Hanley, GE, Putnam Investment and … The “big four” (shareholders themselves!).

BlackRock (another of the “big four”):
PNC, Barclays e CIC.
Who is behind the PNC? FMR (Fidelity), BlackRock, State Street, etc.
And behind Barclays? BlackRock

And we could go on for hours, passing by tax havens in the Cayman Islands, Monaco or the legal domicile of Shell companies in Liechtenstein. A network where companies are always the same, but never a name of a family.

In short: the eight largest U.S. financial companies (JP Morgan, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, U.S. Bancorp, Bank of New York Mellon and Morgan Stanley) are 100% controlled by ten shareholders and we have four companies always present in all decisions: BlackRock, State Street, Vanguard and Fidelity.

In addition, the Federal Reserve is comprised of 12 banks, represented by a board of seven people, which comprises representatives of the “big four,” which in turn are present in all other entities.

In short, the Federal Reserve is controlled by four large private companies: BlackRock, State Street, Vanguard and Fidelity. These companies control U.S. monetary policy (and world) without any control or “democratic” choice. These companies launched and participated in the current worldwide economic crisis and managed to become even more enriched.

To finish, a look at some of the companies controlled by this “big four” group

Alcoa Inc.

Altria Group Inc.

American International Group Inc.

AT&T Inc.

Boeing Co.

Caterpillar Inc.

Coca-Cola Co.

DuPont & Co.

Exxon Mobil Corp.

General Electric Co.

General Motors Corporation

Hewlett-Packard Co.

Home Depot Inc.

Honeywell International Inc.

Intel Corp.

International Business Machines Corp

Johnson & Johnson

JP Morgan Chase & Co.

McDonald’s Corp.

Merck & Co. Inc.

Microsoft Corp.

3M Co.

Pfizer Inc.

Procter & Gamble Co.

United Technologies Corp.

Verizon Communications Inc.

Wal-Mart Stores Inc.


Time Warner

Walt Disney

Viacom

Rupert Murdoch’s News Corporation.,

CBS Corporation

NBC Universal

 

The same “big four” control the vast majority of European companies counted on the stock exchange.

In addition, all these people run the large financial institutions, such as the IMF, the European Central Bank or the World Bank, and were “trained” and remain “employees” of the “big four” that formed them.

The names of the families that control the “big four”, never appear.

 

Source: https://english.pravda.ru/business/finance/18-10-2011/119355-The_Large_Families_that_rule_the_world-0/

Six Trillion Dollars

Immediately after the White House broadcasted news the death of Osama, the American peoples immediately took to the streets. feasts to celebrating the joy of a success by destroyed something that during the last teen years that haunts them. However, perhaps many Americans do not know anything about the works that had been done by their own government to arrive at the day of euphoria.

The majority of Americans never know, and probably don’t know how many losses suffered by the Americans and the negative effects that makes their nation fallen disarray due to a “Osama Bin Laden”. In the last fifteen years Americans spends more than U.S. $ 9 trillion dollars for the cost of the domestic economy, war, and security that has been triggered by the attacks on 11 September 2001 ( 911 ).

Event 911 was one of the reasons the U.S. government to invade Afghanistan and Iraq, in order to combat “terrorism” and seek weapons of mass destruction, that has not been found till now. Two of these wars (Afghanistan and Iraq) and U.S. was forced to mobilize the 150,000 troops and spend a quarter of the U.S. defense budget. Not only that, the civil liberties of the American peoples should imprisoned because the fears of terrorism, the rising of global oil price caused by war they made and the U.S. national debt.

But the reality is actually about the number of U.S. troops and weapons in the Afghan war not as wow as well compares to the U.S. report on the sophistication of their weaponry. Keep in mind, a small number of U.S. rockets (stinger) went into Afghanistan after 10 years Russian occupation before the withdrawal of Russian warfare Facilities which rarely used in the important battles. It was rarely for anyone to know about these these tools. Some weapons were actually stolen by Pakistani intelligence. They were used to steal some relief funds and goods to the Afghan mujahideen, such as cars, various SAR equipment, logistics, ammunition, and weapons entering through Pakistan come to the Afghan mujahideen.

What was the role of these rockets in destroying more than 50 thousand Russian military equipment, killing more than 30 thousand Russian soldiers in that place, and killed more than 150 thousand Afghan militia of pro-Soviet communists. Even hundreds of thousands of operations for jihadist attacks that had implemented more than 15 years, started 5 years before the Russian invasion for 3 years and then through the capital Kabul in the hands of the mujahideen, namely from 1973 to 1992.

Afghanistan War, Iraq war, and war against the Mujahideen in essence did not bring any advantage for the U.S. This is different from what happened during the war against Joseph Stalin, who at least produce an important technological breakthroughs that revolutionized the U.S. economy. War against Osama at least for the U.S. to provide only one advantage, that is unmanned aircraft. Imagine it ! ! three billion U.S. dollars for unmanned aircraft projects? It seemed it was too excessive.

Linda Bilmes, a lecturer at Harvard University in a book she wrote with Nobel-winning economist Joseph Stiglitz, says, “we have spent a large sum of money that has not influented much on strengthening our military, and even it has a very weak impact to our economy”. This is consistent with what is expected from Osama, in a video recording of he says, “we will continue to make Americans reach at the point of collapse”. And it’s really happened.

U.S. Civil Wars

Meanwhile, despite the civil war spent expenditures amounting to 280 billion U.S. dollars, there were many positive impacts that can be learned by the Americans. Among them, the first railway standards grew from coast to coast, carrying goods across the State and textile mills began to migrate from the Northeast to the South looking for cheap labor, including former slaves who had joined the workforce. The fighting itself is accelerating mechanization of American agriculture: Because farmers flocked to the battlefield, the workers left their jobs and adopt new technologies in agriculture. Which also in World War II, the budget issued by the U.S. reached 4.4 trillion U.S. dollars. “It is a national mobilization that has never happened before” said Chris Hellman, defense budget analyst at the National Priorities Project.

While the war that deals with Osama, made the U.S. too much in the acts. Bombings of U.S. embassies in Africa, causing Washington had to spend the funds four times larger than necessary to maintain diplomatic security worldwide in the year and next. And raised the expenditure of 172 billion dollars to 2.2 trillion dollars over the next decades.

Attacks of 11 September 2001 by Intelligence Drama was a disaster that must be paid with high price by the U.S. Economists estimate the losses from 50 billion up to 100 billion dollars. The stock market plummeted and continues to fall to 13 percent a year later.

Then the greater costs incurred by the U.S. to invade Afghanistan in order to reply to attack Al Qaeda. It’s also the U.S. invasion of Iraq that makes 911 event as their own reason related to Islamic extremism and weapons of mass destruction. The second war in top (Afghanistan and Iraq) costed 1.4 trillion dollars, and even the U.S. government is still borrowing hundreds of billions dollars more and increase the U.S. debt interest expensed amounting to hundreds of billions of dollars.

“So… Osama Bin Laden is The Greatest, he is not as bad as Hitler, or Mussolini, etc.” Even Bin Laden produces such great effects. War in Iraq and Afghanistan has created a world which non-war budget also been used.

6 trillion dollars for an Osama

Based all the costs incurred, at least in the war against Osama, U.S. is forced had to spend the funds reach 3 trillion dollars. It was only approximate, because the war in Iraq has the cost more than that calculated. So.. the euphoria party of the death of Osama still needs to be rethought. Michael O’Hanlon, a national security analyst at the Brookings Institution said, “I do not take great of my satisfaction in his death because I’m still amazed at how high the destructions and losses he gave U.S.A”. That is just an Osama, one man. Many who has considered the U.S. to continue the “war on terrorism.” Osama has hundreds or even thousands of peoples who would replace him. But the American economy, domestic issues are increasingly complex, the costs to “help the spread of democracy” in other countries.

Everything takes a long time, and together with it all, America’s debt will rise to 9 trillion U.S. dollars with U.S. debts over the next decade. It means “three-Osama.” Although Osama is claimed to has been buried under the sea, there are extremely many Islamic fighters who are competing his position as a Mujahideen. In the same time, new enemies, both from within and abroad the U.S. has been waiting. So with what Americans would pay for all this?

 

Source: https://www.thosepeoples.tk/2011/11/six-trillion-dollars.html

Big Media’s double standards on Iran

The mainstream U.S. press corps is again pounding the propaganda war drums, this time over dubious accusations of Iran’s secret work on a nuclear bomb. It is a pattern of bias that Robert Parry calls the U.S. media’s worst — and most dangerous – ethical violation.

Arguably, the most serious ethical crisis in U.S. journalism is the deep-seated bias about the Middle East that is displayed by major American news outlets, particularly the Washington Post and the New York Times.

When it comes to reporting on “designated enemies” in the Muslim world, the Post and the Times routinely jettison all sense of objectivity even when the stakes are as serious as war and peace, life and death. Propaganda wins out over balanced journalism.

We have seen this pattern with Iraq and its non-existent stockpiles of WMD; with the rush to judgment about Syria’s supposed guilt in the killing of Lebanese leader Rafik Hariri; with the false certainty about Libya’s role in the Lockerbie bombing; and many other examples of what everyone just “knows to be true” but often turns out isn’t. [For more on these cases, click here.]

The latest example of this ethical failing relates to reporting about Iran on such topics as the buffoonish plot to assassinate the Saudi ambassador in Washington and a new set of dubious allegations about Iran’s nuclear weapons program.

In these cases, U.S. mainstream news media happily marshals sources with histories of credibility problems; treats implausible scenarios with utmost respect; jettisons crucial context; and transforms the grays of ambiguity into black-and-white morality tales of good versus evil.

Then, behind these war drums of the U.S. press corps, the American people are marched toward confrontation and violence, while anyone who dares question the perceived wisdom of the Post, the Times and many other esteemed outlets is fair game for marginalization and ridicule.

An example of this propaganda passing as journalism has been the recent writings of Joby Warrick of the Washington Post about a vague but alarmist report produced by the new leadership of the International Atomic Energy Agency.

On Monday, the Post put on its front page a story about Russian scientist Vyacheslav Danilenko, a leading expert in the formation of nanodiamonds who spent several years assisting Iranians develop a domestic industry in these micro-diamonds that have many commercial uses.

But Warrick’s story is fraught with spooky shadows and scary music that suggest Danilenko is really part of an ongoing drive by Iranian authorities to overcome technological obstacles for a nuclear bomb. Just like in that spy thriller “Sum of All Fears,” a greedy ex-Soviet nuclear scientist is helping to build a rogue nuclear bomb.

Warrick wrote: “When the Cold War abruptly ended in 1991, Vyacheslav Danilenko was a Soviet weapons scientist in need of a new line of work. At 57, he … struggled to become a businessman, traveling through Europe and even to the United States to promote an idea for using explosives to create synthetic diamonds. Finally, he turned to Iran, a country that could fully appreciate the bombmaker’s special mix of experience and talents.”

Now, Warrick continued, Danilenko has been identified by Western diplomats as the unnamed scientist cited in the IAEA report as advising Iran on the explosive techniques to detonate a nuclear bomb. Warrick’s story continues.

“No bomb was built, the diplomats say. But help from foreign scientists such as Danilenko enabled Iran to leapfrog over technical hurdles that otherwise could have taken years to overcome, according to former and current U.N. officials, Western diplomats and weapons experts.”

Slanted Tale

However, Warrick crafts the story in a very misleading way, leaving out key facts that would create a less ominous picture. For instance, the article fails to mention that the U.S. intelligence community issued a National Intelligence Estimate in 2007 that Iran had stopped its work on a nuclear bomb in late 2003.

Danilenko, who has insisted that his work was limited to advising Iranians on the explosions used to manufacture nanodiamonds, last worked in Iran in 2002 and the explosive test that the IAEA associates with Danilenko – and which supposedly might have nuclear implications – was conducted in 2003.

In other words – even if one accepts that Danilenko is lying about his work in Iran – nothing in the Danilenko story undercuts the U.S. intelligence community’s NIE. To leave out this crucial context in the Post’s article suggests an intention to frighten rather than to inform.

Indeed, what is notable about the curious IAEA report is how much of it predates late 2003. [For a contrasting view of the Danilenko evidence, see Consortiumnews.com’s “Iran’s Soviet Bomb-Maker Who Wasn’t.”]

Warrick also relies heavily on the expertise of discredited arms control analyst David Albright, the founder and president of the Institute for Science and International Security. Albright was a prominent voice in promoting President George W. Bush’s pre-invasion case that Iraq possessed stockpiles of WMD.

Yet, from reading Warrick’s article, you would have no idea of Albright’s checkered history. You would simply assume that Albright is an unbiased expert who is bringing his analytical skills to bear to help us untangle difficult questions about Iran’s nuclear research.

But Albright and his ISIS actually have a pattern of imbalanced work on nuclear proliferation and the spread of other dangerous weapons. For instance, ISIS has essentially ignored Israel’s real nuclear arsenal – with only a few brief items over the past decade – while obsessing over a non-existent nuclear arsenal in Iran with scores and scores of reports.

Albright has continued this disproportional emphasis despite the fact that Israel is arguably the world’s most notorious rogue nuclear state. It has built up its undeclared nuclear arsenal after refusing to sign the Nuclear Nonproliferation Treaty (NPT) and keeping IAEA inspectors away from its nuclear facilities.

By contrast, Iran signed the NPT, has renounced nuclear weapons, and has allowed IAEA inspectors to monitor its nuclear energy program. Granted, Iran’s cooperation has been less than stellar but its record is far superior to Israel’s. Yet, Albright and his ISIS have largely turned a blind eye to Israel’s nukes and focused instead on Iran’s theoretical bomb-making.

(On Sunday, when non-mainstream journalists confronted Albright about the disparity between ISIS’s concentration on Iran and neglect of Israel, he angrily responded that he was currently working on a report about Israel. If so, it would be Albright’s first substantive study solely on Israel’s nuclear program since ISIS was founded in 1993, according to an examination of its Web site.)

Conned on Iraq

Albright also has not been above harnessing his selective outrage over Middle East weapons in the cause of U.S. war propaganda.

At the end of summer 2002, as Bush was beginning his advertising roll-out for the Iraq invasion and dispatching his top aides to the Sunday talk shows to warn about “smoking guns” and “mushroom clouds,” Albright co-authored a Sept. 10, 2002, article – entitled “Is the Activity at Al Qaim Related to Nuclear Efforts?” – which declared:

“High-resolution commercial satellite imagery shows an apparently operational facility at the site of Iraq’s al Qaim phosphate plant and uranium extraction facility … This site was where Iraq extracted uranium for its nuclear weapons program in the 1980s. … This image raises questions about whether Iraq has rebuilt a uranium extraction facility at the site, possibly even underground. … The uranium could be used in a clandestine nuclear weapons effort.”

Albright’s alarming allegations fit neatly with Bush’s propaganda barrage, although as the months wore on – with Bush’s warnings about aluminum tubes and yellowcake from Africa growing more outlandish – Albright did display more skepticism about the existence of a revived Iraqi nuclear program.

Still, he remained a “go-to” expert on other Iraqi purported WMD, such as chemical and biological weapons. In a typical quote on Oct. 5, 2002, Albright told CNN: “In terms of the chemical and biological weapons, Iraq has those now.”

After Bush launched the Iraq invasion in March 2003 and Iraq’s secret WMD caches didn’t materialize, Albright admitted that he had been conned, explaining to the Los Angeles Times: “If there are no weapons of mass destruction, I’ll be mad as hell.

“I certainly accepted the administration claims on chemical and biological weapons. I figured they were telling the truth. If there is no [unconventional weapons program], I will feel taken, because they asserted these things with such assurance.” [See FAIR’s “The Great WMD Hunt,”]

Given the horrendous costs in blood and treasure resulting from the Iraq fiasco, an objective journalist might feel compelled to mention Albright’s track record of bias and errors. But the Post’s Warrick doesn’t.

A Troubling Trend

While Albright may stand out as a troubling example of how biased analysis works, he surely is not alone. Nor is Warrick’s selective journalism atypical of what regularly appears in the U.S. mainstream news media.

For instance, also on Monday, the New York Times published a lengthy article, entitled “Israel Lobbies Discreetly for More Sanctions After U.N. Report on Iran,” that discussed how Israeli leaders are working behind the scenes with threats and sabotage to stop Iran from advancing toward a nuclear bomb.

While a journalist perhaps doesn’t need to mention Israel’s nuclear arsenal each time allegations are lodged against Iran, it would seem quite appropriate for this article by Isabel Kershner from Jerusalem to take note of the hypocrisy of Prime Minister Benjamin Netanyahu and other senior officials complaining about Iran’s hypothetical bomb when they have many real ones.

Yet Kershner’s article ignores the Israeli nuclear arsenal even as it raises concerns about how an Iranian bomb could touch off a regional nuclear arms race.

Netanyahu is quoted as saying: “The international community must stop Iran’s race to arm itself with nuclear weapons, a race that endangers the peace of the entire world.” The article then adds:

“While Israel regards nuclear-armed Iran as potentially an existential threat, it also threatens moderate Arab states and could set off a destabilizing regional arms race. … The [IAEA] report did not speculate on the time it would take Iran to produce a nuclear weapon, but Israelis say it shows Iran is moving ever closer to the nuclear threshold while Western powers have been dragging their feet on action to stop it.”

Given these observations, one might think the New York Times would have inserted somewhere that Israel is itself a rogue nuclear state, possessing an undeclared nuclear arsenal that is regarded by experts as one of the world’s largest and most sophisticated.

Also, if Iran does move ahead toward building a nuclear bomb, one of the obvious factors would be that nuclear-armed Israel is constantly threatening to attack – and Iran suspects that Israel might be joined by the United States, the world’s preeminent nuclear and military power.

After witnessing the outcomes in Iraq and Libya – where leaders dismantled their nuclear programs – compared with North Korea, which pressed ahead to build a nuclear bomb, Iranian leaders might regard possession of a nuclear bomb as an existential necessity.

Forgoing a nuclear bomb didn’t save Iraq’s Saddam Hussein from dangling at the end of a rope or Libya’s Muammar Gaddafi from having a bullet shot into his brain. However, North Korea’s Kim Jong-Il is still alive and holding power.

But the harsh necessities of geopolitics aside, journalistic ethics require presenting relevant details and nuances to the reader. To leave them out – especially to do so repeatedly with a predictable bias – is where the Post, the Times and much of the U.S. mainstream news media fall down.

For many years, one set of rules has applied to “designated enemies” in the Muslim world and another to Israel and various Arab “friends.” There is an unspoken bias or “group think” – and it is as undeniable as it is unacknowledged.

This hypocrisy has become so deeply engrained in the U.S. news media that the double standards are regarded as the natural order of things. Since Iran is perceived as unpopular in the United States and Israel is generally popular, Iran gets pummeled while Israel gets pampered.

But just because all the important U.S. media outlets violate the ethical rules of journalism on this front doesn’t make the behavior good journalism.

America’s double standard on Middle East reporting is a fundamental violation of journalistic ethics – and it has contributed over the past decade to getting many innocent people killed.

Source: https://globalresearch.ca/index.php?context=va&aid=27697

Occupy Wall Street: The hidden meaning behind protests

For nearly our entire history as a country, Americans have shared a social contract.

As police crack down on protests in New York City and elsewhere, what does OWS say about America?

It went something like this:

One of the cultural characteristics that makes America great is the fact that we celebrate winners in our society. We look at people like Bill Gates and Steve Jobs and we say to ourselves, “If I work hard enough, I can be like them.”

So we look in the mirror each morning and ask, “How am I doing? Am I working hard enough? Do I have the right education, skills and talent to succeed in this country?”

We don’t blame the rich for their successes, this cultural norm goes, because we know they worked hard and got what they deserved.

Instead, Horatio Alger-like, we turn these impulses inward in the name of self-improvement. We turn the success of others into models for our own behavior. We do not direct our personal frustrations and hostilities onto others.

This cultural reality in the US — this shared belief that hard work leads to economic success — has helped promote political stability and propel economic growth through the decades.

This idea has helped hard-working Americans grow richer, regardless of where they started and is perhaps the most important economic contribution the US has made to human society.

The critical assumption here, of course, is that the system needs to be fair. The rules of the game need to apply to all.

And that’s where the trouble starts.

The Occupy Wall Street movement represents a reversal of this largely unstated social contract in this country.

Right on cue, protesters nationwide are reacting to this change in this longstanding social contract. They are massing. They are demanding change. They are standing up to what has become — to the perceptions of far too many Americans — a rigged game.

A glance at the many protest signs from around the country makes the point:

“Robin Hood was right.”

“This country was built by men in denim and will be destroyed by men in suits”

“I am a human being, not a commodity”

“I can’t afford a lobbyist. I am the 99 percent”

In short, the social contract in America is broken. The optimistic glue that has successfully held together so much diversity, so many disparate dreams, for so long, is coming undone.

This is the unspoken message behind the Occupy Wall Street movement — in New York, Boston, Oakland, Portland and in all the other unhappy cities around the US. Its echoes can be heard around the world, from Tahrir Square, to London, to Tokyo, to every other place where economic inequality is today rearing its ugly head.

This is the larger point that so many people are trying to make, in so many different places.

Understanding this root cause is critical to addressing the problem, and finding a potential solution.

Unfortunately, the 99 percent and the 1 percent appear to be miles apart, and this is particularly true in the US right now.

Read the following statement attributed to Dennis Gartman, author of the popular financial industry newsletter the Gartman Letter, that was published Thursday on the FT Alphaville blog:

We celebrate income disparity and we applaud the growing margins between the bottom 20% of American society and the upper 20% for it is evidence of what has made America a great country. It is the chance to have a huge income… to make something of one’s self; to begin a business and become a millionaire legally and on one’s own that separates the US from most other nations of the world. Do we feel bad for the growing gap between the rich and the poor in the US? Of course not; we celebrate it, for we were poor once and we are reasonably wealthy now. We did it on our own, by the sheet dint of will, tenacity, street smarts and the like. That is why immigrants come to the US: to join the disparate income earners at the upper levels of society and to leave poverty behind. Income inequality? Give us a break? God bless income disparity and those who have succeeded, and shame upon the OWS crowd who take us to task for our success and wallow in their own failure. Income disparity? Feh! What we despise is government that imposes rules that prohibit or make it difficult to make even more money; to employ even more people; to give even more sums to the charities of our choice. That is what we despise.”

Yes, Gartman is tapping into this rags to riches tradition in America. But his argument — which is a common refrain among those fighting for the staus quo — ignores what every child on every playground in the US intuitively knows: the rules of the game have to be fair.

Prior to this chaotic moment in our history, most Americans could turn their personal frustrations into productive energy. They could work harder. They could plot, plan and dream about riches. And, god bless America, millions succeeded in these endeavors.

But this social contract only worked if there was reasonable hope that these human energies would produce results. This only worked, in other words, if fairness was the norm.

This is also the larger point that Nobel Prize-winning economist Milton Friedman — the heavyweight champion of the world of free markets — made regularly.

In his seminal 1960 work Capitalism and Freedom, Friedman wrote the following:

“The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for determining the “rules of the game” and as an umpire to interpret and enforce the rules decided on.

In 1970, Friedman was at it again, this time on the social responsibilities of business as it relates to profit:

“There is one and only one social responsibility of business — to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.”

So long as it stays within the rules of the game, Friedman believed, business was the best mechanism for producing social harmony.

According to most OWS protesters, this is precisely the problem: the American system is no longer free or fair (bankers win). The rules of the game no longer apply equally to all (lobbyists hired by the most powerful write the laws). The government’s umpire role is non-existent (Washington is staffed with former Goldman Sachs CEOs who bail out banks instead of helping “regular people”).

Of course, Friedman was the first to argue — highly effectively — that less government is better. Smaller and more efficient government is better for the economy, better for people and better for society. Anyone who has waited hours in line for a driver’s license or any other government service can attest to that.

But goverment has a role to play, even if it’s a limited one, of allowing a sense of fairness back into the American story.

Vitriolic rampage against government only creates more division. Vilification of the less well-off is no answer to this country’s rising inequality problems. Triumphalism from society’s winners breeds abhorrence from the rest.

Taken together this toxic mix of anger, frustration, and rising contempt by all threatens everything that America — the most successful economic engine the world has ever produced — once represented for all.

 

Source: https://www.globalpost.com/dispatch/news/business-tech/111117/occupy-wall-street-the-hidden-meaning-behind-protests