Moyers sits down with William K. Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of what went wrong and his critique of the bailout
LOOSE CHANGE SECOND EDITION - SEE IT THEN DECIDE!!!!!
Monday, April 06, 2009
"Bankster's" Economic Crisis
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Monday, June 23, 2008
P.O.V.: Traces of the Trade | PBS
Film shows how North profited from slavery
JOANNE OSTROW; The Denver Post
Last updated: June 23rd, 2008 01:23 AM (PDT)
Katrina Browne’s wealthy Rhode Island clan has a secret. The well-mannered Yankees would rather not speak of it, but their forefathers were perhaps America’s biggest slave-trading dynasty.
After introducing her ancestors via distinguished-looking oil paintings in the family mansion, now a museum, Browne sets out to retrace the physical route and the rocky emotional terrain of how her forefathers built their fortune.
The journey – from tearful soul-searching to squirming at the dinner table when confronted with the family’s obvious elitism – makes for a stunning documentary.
“Traces of the Trade: A Story from the Deep North,” airing Tuesday on PBS’ “P.O.V.,” is eye-opening and important, digging deeper than what may be comfortable into what stands in the way of race relations in this country.
The filmmaker, Browne, is a seventh-generation descendant of Mark Anthony DeWolf, the family’s first slave trader. From 1769 to 1820, the DeWolfs trafficked in human beings as part of what was know as the “Triangle Trade.”
They sailed their ships from Bristol, R.I., to West Africa with rum to trade for African men, women and children. Captives were taken to plantations that the DeWolfs owned in Cuba or were sold at auction in Havana or Charleston, S.C. The proceeds bought sugar and molasses in Cuba, which were shipped to the family-owned rum distilleries in Bristol.
Rum traded for slaves, slaves traded for sugar, sugar used to make rum.
Over the generations, the family owned 47 ships that transported thousands of chained Africans across the Middle Passage into slavery. By the end of his life, James DeWolf was reportedly the second-richest man in the United States. He was also a U.S. senator who was granted political appointments and other favors from none other than Thomas Jefferson.
The film upends stereotypical notions about the American North fighting for abolition while slaves toiled away down South. Browne documents how crucial the slave trade was to New England for more than 200 years.
Individual homes may have acquired one or two slaves, as opposed to the masses on plantations in the South, but the textile mills, banks and insurance companies in the North were built on profits from the slave trade.
The documentary, which premiered at the Sundance Film Festival in Utah, follows 10 of DeWolf’s descendants (ages 32-71, ranging from sisters to seventh cousins) as they retrace the steps of the Triangle Trade: the DeWolf mansion in Bristol, slave forts on the coast of Ghana and the ruins of a family plantation in Cuba.
Family archives document various trades: In one entry, nine slaves (one woman and eight men) were swapped for “tobacco, rum, hats, bread, mackerel.” James DeWolf once gave his wife two African children, a boy and a girl, as a Christmas present.
Back home, Browne delves into questions of repair: How do the sins of the fathers weigh on the sons and daughters; what should be done about it? Are financial reparations due, and what spiritual/emotional work is owed, as well?
The film was nine years in the making and ought to spark conversations on race for at least that long. “Traces of the Trade: A Story from the Deep North” airs as part of “P.O.V.”
When: 10 p.m. Tuesday
Where: KCTS, Channel 9
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Friday, June 06, 2008
Police State Now in Effect in US: D.C. Police to Check Drivers In Violence-Plagued Trinidad
By Allison Klein
Washington Post Staff Writer
Thursday, June 5, 2008; A01
D.C. Police Chief Cathy L. Lanier announced a military-style checkpoint yesterday to stop cars this weekend in a Northeast Washington neighborhood inundated by gun violence, saying it will help keep criminals out of the area.
Starting on Saturday, officers will check drivers' identification and ask whether they have a "legitimate purpose" to be in the Trinidad area, such as going to a doctor or church or visiting friends or relatives. If not, the drivers will be turned away.
The Neighborhood Safety Zone initiative is the latest crime-fighting attempt by Lanier and Mayor Adrian M. Fenty, who have been under pressure from residents to stop a recent surge in violence. Last weekend was especially bloody, with seven slayings, including three in the Trinidad area.
"In certain areas, we need to go beyond the normal methods of policing," Fenty (D) said at a news conference announcing the action. "We're going to go into an area and completely shut it down to prevent shootings and the sale of drugs."
The checkpoint will stop vehicles approaching the 1400 block of Montello Avenue NE, a section of the Trinidad neighborhood that has been plagued with homicides and other violence. Police will search cars if they suspect the presence of guns or drugs, and will arrest people who do not cooperate, under a charge of failure to obey a police officer, officials said.
The enforcement will take place at random hours and last for at least five days in Trinidad, with the option of extending it five more days. Checkpoints could be set up in other neighborhoods if they are requested by patrol commanders and approved by Lanier.
The strategy, patterned after a similar effort conducted years ago in New York, is not airtight. There are many ways to get in and out of Trinidad, not just on the one-way Montello Avenue. And pedestrians will not be stopped, which is something critics say might render the program ineffective.
"I guess the plan is to hope criminals will not walk into neighborhoods," said D.C. Council member Phil Mendelson (D-At Large). "I also suppose the plan is to take the criminal's word for it when he or she gives the police a reason for driving into a neighborhood."
Since taking over as chief in December 2006, Lanier has struggled with the issue of violent crime. She has added patrols, revived a unit specializing in getting guns off the streets and changed commanders in six of the city's seven patrol districts. Last weekend, officers were close enough in one case that they heard the barrage of gunfire coming from a triple homicide on Holbrook Street in Trinidad.
The program is aimed at the city's most troubled areas. The 5th Police District, which includes Trinidad, has had 22 killings this year, one more than all of last year. Since April 1, the Trinidad neighborhood has had seven homicides, 16 robberies and 20 assaults with dangerous weapons, according to police data. In many cases in Trinidad and across the city, gunshots are fired from passing cars, victims are found in cars or cars are used to make fast getaways.
"We have to try to take away the things that are facilitating the ability to commit crime," Lanier said.
Leaders of the American Civil Liberties Union said yesterday that they will be watching what happens closely and that legal action is likely.
"My reaction is, welcome to Baghdad, D.C.," said Arthur Spitzer, legal director for the ACLU's Washington office. "I mean, this is craziness. In this country, you don't have to show identification or explain to the police why you want to travel down a public street."
Interim Attorney General Peter J. Nickles said that his office reviewed the initiative and that similar efforts had survived court tests.
"I don't anticipate us being sued," Nickles said. "But if you do want to sue us, the courts are open."
U.S. Attorney Jeffrey A. Taylor said that D.C. officials consulted his office about their plans and that prosecutors suggested some changes to try to ensure that any arrests would hold up in court. "We applaud the District's efforts to make neighborhoods safer," Taylor said. "Whatever we do has to be consistent with the Constitution."
New York police set up a nearly identical checkpoint in 1992 in a neighborhood of the Bronx that was plagued by drug dealing and drive-by shootings. Police ran the Watson Avenue Special Operation on a random basis, mostly in evening hours. Officers stopped drivers, but not pedestrians, coming into the area, to confirm that they had a legitimate reason to be there.
A federal appeals court upheld the legality of the New York effort, saying in a 1996 ruling that it "served an important public concern" and was "reasonably viewed as an effective mechanism to deter crime in the barricaded area."
D.C. police have used various forms of checkpoints for years. In 1988, for example, they blocked streets and searched courtyards in a pair of apartment complexes in Northeast Washington in a bid to drive out drug dealers. That move came during the crack cocaine epidemic, in a year when the city recorded 372 homicides. Last year, the city had 181 killings.
Former D.C. police chief Isaac Fulwood Jr., who led the department from 1989 until 1992, said he liked using checkpoints because his officers were able to make arrests and gather intelligence.
"They are effective. You recover stolen cars and firearms," Fulwood said. "You've got to have a lot of them if you're going to have them. You need to move as the criminal element shifts."
Some residents expressed support for the plan yesterday, saying they are willing to submit to the checks if it makes the neighborhood safer. "We can't endure any more homicides," said neighborhood activist India Henderson.
But others said they were disappointed police have not developed relationships that would allow them to gather information and find criminals without resorting to the stepped-up tactics.
"I knew eventually we'd be a police state," said Wilhelmina Lawson, who has lived in the neighborhood for 20 years. "They don't talk to us, they're not community minded."
One of Lanier's plans, the Safe Homes initiative, has yet to get off the ground because of a community backlash. The plan, announced by Lanier and Fenty at a news conference in March, called for police to go door-to-door in crime-ridden areas and ask residents whether they could go inside and search for guns. Residents and some council members voiced concerns that homeowners would feel intimidated by police. Lanier backed off, but said she plans to move forward soon by having residents call police to set up appointments.
Another plan, to arm hundreds of patrol officers with semiautomatic rifles, starting this summer, also got mixed reviews from residents.
Kristopher Baumann, head of the D.C. police lodge of the Fraternal Order of Police, said he was concerned about public perception of the checkpoints and the potential that it could lead to more citizen complaints. He questioned Lanier's overall approach, saying, "There is no strategy and no mid-term and long-term planning.
"That's the biggest disappointment of Chief Lanier's tenure," Baumann said. "One thing we were excited about and optimistic about was, for once, we'd have strategies to combat crime and not just be reactive. But we haven't seen it. It's been a year and a half."
Council member Harry Thomas Jr. (D-Ward 5), who represents Trinidad and other parts of Northeast Washington, said he had informal discussions with Lanier in which she had mentioned the possibility of the checkpoint announced yesterday, but he got little notice before the news conference. Civil liberties are always a concern, said Thomas, who maintained that residents are so concerned about violence that they will be willing to give the latest program a try.
"I think the general consensus is that we have to do something because people live in fear," he said. "What would you rather have?" he asked. "A positive pattern of [police] checking things . . . or these folks who come into the community and wreak havoc?"
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Sunday, May 25, 2008
Keith Olbermann Blasts Hillary Clinton
Keith Olbermann Blasts Hillary Clinton: **MUST SEE** Regarding her Assassination Comment on Bobby Kennedy and Barack Obama
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Tuesday, May 20, 2008
Monday, May 12, 2008
The Red Pill
Short documentary film on the history of the shadow government within the United States and their role in the 9/11 attacks.
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Thursday, May 08, 2008
Breakdown FM Immortal Technique-Sean Bell & Police Terrorism
LISTEN TO INTERVIEW: (put mouse over link, when player opens, click play)
Breakdown FM Immortal Technique-Sean Bell & Police Terrorism
Breakdown FM: Immortal technique Interview pt2
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Wednesday, May 07, 2008
Shift Happens Narrated
THINGS YOU NEED TO KNOW!!!!!
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Sunday, May 04, 2008
Pastor Wright is RIGHT!
The White Supremacist media has distorted Jeremiah Wright out of context. They racists are accusing their victims of racism!
Viewed from this different context, we see that everything he was talking about WAS TRUE.
His speeches confronted White Supremacy, and it is White Supremacists in the media and in the public who have tried to call Wright a racist in an immoral attempt derail the truth about White Supremacist crimes.
For the past month we have heard a lot about The Reverend Jeremiah Wright. There are endless loopings of the same half a dozen out-of-context sound bites. This is nothing more than a collective gang bang by mindless narcissistic media stars who intentionally dumb down what he said to create a phony scandal for Barak Obama. These tapes were probably unearthed by someone in the Hillary machine, or McCain’s, or one of their sympathisers. So now there is open season on this preacher. What is the substance of these attacks? It is no more substantive than late night TV or stand up comics. Besides the misquotations, the media focused on his style as a black minister.
We have heard endless loops showing how outrageous or bombastic he is. We heard clips of him singing Handel’s “And the Glory of the Lord” and his “God Damn America”. It’s as if the media were shocked!.....SHOCKED!! that there is such a thing as black Full Gospel preaching style, complete with spontaneous responses accompanied by organ improvisation. This genre is famous for using politics and themes of racial oppression for over 100 years. You would think that The Reverends Martin Luther King Jr. and Jesse Jackson were unknown. Or Al Sharpton.
The Reverend Wright, in an attempt to add some substance to this sound bite circus, spoke at the National Press Club in Washington DC. last week. He was not giving a sermon. He was not “bombastic”. He spoke in a temperate voice and gave a scholarly speech on the black theological tradition in the USA. He talked about the role that “Liberation Theology” played in both the black churches, and in the Yankee Congregationalist, United Church of Christ.
The entire media were glued to this speech. They were not looking for a dispassionate discussion of theology in black churches, or context to his previous statements – that would be too boring – they were looking for another sensationalist sound bite, the more outrageous the better. They got it during the question & answer session after the speech, with confrontational questions which clearly showed the hostile bias of the questioner. The questions assumed that Wright is a kooky conspiracy theorist, and a blaspheming traitor to his country. No one really listened to what he said. In its reporting, the media reduced his comments to platitudes, and the endless references to his speech followed the predictable collective script of the fatuous imbeciles in the media to see who can repeat the same hackneyed phrases to win kudos from their colleagues.
What did he say that was so outrageous? Based on the comments of the lemming pundits, I seriously wondered whether they saw the same speech I did. I listened to the whole thing twice and was hard pressed to find anything that was outrageous or insane. I certainly have my criticism of “Liberation Theology” with its close association with Marxism, especially in Latin America. But this was not the focus of the media. Their focus was on him defiantly defending his “outrageous” remarks. Almost all of those remarks I agreed with.
He was asked if he was patriotic, and said that he served 6 years in the military and that it was more military time than Dick Cheney served. Was this an insane or even false statement?
He said that the US government oppresses people around the world, that it sends Americans, “to die for a lie”. When asked why he blamed the US for 911, he said that the “chickens have come home to roost” in the form of blowback from our policies overseas. Most did not bother to find out that he was quoting Edward Peck, the former ambassador to Iraq, and deputy director of terrorism under Ronald Reagan. Wright added, quoting the Bible’s golden rule, that you can not do terrorism to others and not have it come back to you. This is virtually the same thing for which Dr. Ron Paul got raked over the coals. Questioning the cause of 911 is the modern American Intellectual Inquisition equivalent of heresy. It is double heresy if you equate our government with a terrorist organisation, even though bombing civilians does cause terror. Recognised states don’t do terrorism unless they are Iraq or Iran.
He was asked if he would apologise to the American people for blaming them for 911. He made the distinction, lost on most Americans, between the people and their government. This is total blasphemy in the minds of the orthodox American Establishment. In their thinking the American people and their government are one in the same because of Democracy, and the vaunted electoral process. The idea that the government in this, “the most free and democratic nation on earth - EVER” would have its own corrupt agenda against the best interests of the people is a thoughtcrime. This is odd, since most Americans have no trouble spotting corruption at the state or local level, or complaining of excessive spending and taxation. In the NYC area, we have had three governors (NJ, NY, Conn.) resign in the last ten years for corruption. However, at the federal level, especially when it comes to war, Americans refuse to look at the truly mammoth corruption, distortion, and immorality of their government.
He was asked about his relationship to Reverend Louis Farrakhan. As he explained, this had to do with a statement made by Farrakhan 20 years ago about Israel, a sacred cow in the minds of the establishment. Wright explained his position regarding Israel: that it had a right to exist, that they were the children of God, BUT that they need to reconcile with their enemies; the Israelis need to sit down with the Palestinians and come to a peaceful understanding so that their children “don’t grow up talking about killing each other”. He said that reconciliation, not killing was God’s way. Is that an “insane” or “outrageous” notion? Is it theologically erroneous? The media had a field day with Wright’s comparing Farrakhan to stock broker EF HUTTON. Do media pundits not understand the use of analogies or similes or metaphors in speech? Wright was saying that when Farrakhan talks, the black community listens. Is this a false statement? If so, then why do the media, who are mostly white, bother to cover Farrakhan?
The punditry went berserk over his “conspiracy theory” that the US Government invented AIDS. The Reverend Wright cited the Tuskegee experiment, where the government used blacks to experiment on syphilis. He also pointed out that the Weapons of Mass Destruction in Iraq were sold to Saddam by the US Government back when he was our ally and that he used them on the Iranians with our blessing. He said that, given the history of our government and its use of deception, he believed “it was possible”.
I personally doubt the conspiracy theory that the US Government invented AIDS, but I personally doubt any number of conspiracy theories of my friends, whilst I harbor conspiracy theories of my own with which others disagree. In fact most Americans believe in some form of conspiracy or secret, illegal dealings committed by their government. Why is that? Is this unique to Americans as a culture? I don’t know. We know the US Government has lied to us in the past. We know that the US has used the CIA to topple governments in South America at the behest of the United Fruit Company. We know, in spite of the official, revisionist “spin” that the government knew in advance of the Japanese carrier force prior to Pearl Harbour; and that even in the DC media there was open speculation that war with Japan was imminent. We know that the Navy translated the communiqué of the Japanese to their ambassadors in Washington and that they were instructed “to burn all documents and code machines”. We know the US Government lied about the Tonkin Gulf Incident, and lied about being in Laos and Cambodia. We know the US Government has been a king maker in the Mideast while denying same. None of these revelations ever get admitted at the time; only years later do books by insiders get written telling the truth. Would there be so many conspiracy theories in America if our government were transparent and honest or followed the Constitution? If you Google “conspiracy theory”, why do so many hits deal with the United States? Why doesn’t Switzerland come up except as a movie title? Why not Canada?......or Iceland?
Then there was the “God Damn America” quote. He explained this also, yet the media pretended not to hear. He said “damn” is derived from “condemn”, and that God condemns the actions of the US Government (again NOT the people) for inflicting violence on other nations and that non-violence was consistent with Christian teaching. He asked the questioner if he heard the whole sermon from which that quote was taken. But context or understanding did not figure into the thinking of the questioner. I wonder if there are examples, say in the Old Testament, of God condemning wicked immoral nations?
This electronic tabloid circus unfortunately drags in supposedly high-brow broadsheet press into the mud. This was especially true last week after his National Press Club Speech. One after another, the senior Washington polemicists and bureau chiefs chimed in so they could be counted in the “me too” column. There were the obligatory references to Wright as “crazy” and “lunatic” or “loony” with no attempt to address what he said. But the “intellectual” writers of the papers of record added new buzzwords, to wit: “narcissistic”, “solipsistic”, “divisive” “his fifteen minutes of fame” “revenge on Obama”.
Here we have the Establishment Left, many of whom, tired of the sleazy fraud of the Clintons, want Obama nominated and hope that he’ll beat McCain. Bob Herbert of the New York Times wrote,”….Wright went to Washington on Monday not to praise Barak Obama but to bury him…….Feeling dissed by Sen. Obama, Mr. Wright gets revenge on his former follower…... He’s living a narcissist dream. At long last his 15 minutes have arrived.”
They called him divisive but not the mudslingers who brought edited sound bites public and replayed them over and over; sound bites that were part of a long sermon. Why are they dumping on Wright rather than blaming the tabloid media for taking him out of context? Here’s the reason. To quote Mr. Herbert:
“The question that cries out for an answer from Mr. Wright is why – if he is so passionately committed to liberating and empowering blacks – does he seem so insistent on wrecking the campaign of the only African-American ever to have had a legitimate shot at the presidency.”
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DC Madam Palfrey's Murder: Alex Jones on Geraldo
Fox News' Geraldo has Alex Jones on to examine the evidence that shows that DC Madam Deborah Jean Palfrey was murdered-- despite the official claim that she committed suicide.
Jones points out the numerous statements Palfrey made in refutation of suicide, as well as the criminology that women rarely hang themselves, generally preferring pills.
Geraldo and two co-hosts admit they agree with Alex Jones-- that claims of Palfrey's suicide are "stinky" and suspicious and that the case should be further investigated.
One woman even says that the John's on Palfreys list-- including many high-level politicians-- should be revealed and prosecuted.
Palfrey's hi-rise apartment manager in Florida says he saw Palfrey only days before her death when she told him a contract may be out on her life. Additionally, she made arrangments to secure her apartment for the next six years-- the approximate time she expected to be in prison--seemingly pointing to the idea that she expected to stay alive.
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The Superclass
David Rothkopf
Carnegie Endowment for Peace
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Saturday, May 03, 2008
MAXED OUT - DOCUMENTRY
If you want want to know more about the banking and credit card scam, if you want to learn about the possibilities of beating them, then do your self and family and friends a favour and read this "MUST READ" book: www.natural-person.ca/pdf/mary_croft.pdf about this documentary: How credit cards impose modern slavery on the people. To give people digits on their bank account and charge interest on something that is not real, backed up by nothing except debt, never had value, does not have value and will never have value
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Thursday, May 01, 2008
In Lies We Trust: The CIA, Hollywood and Bioterrorism
This feature length documentary about medical madness, cloaked in bioterrorism preparedness, will awaken the brain dead. It exposes health officials, directed by the Central Intelligence Agency (CIA), for conducting a “War of Terror” that is killing millions of unwitting Americans. This urgent life-saving DVD comes without copyright restrictions. Every viewer is encouraged to reproduce and distribute copies to others. Donations to Tetrahedron Films to cover costs and produce more films like this are greatly appreciated online at www.inlieswetrust.com or by calling toll free 1-888-508-4787. You can screen the film on behalf of local charities. It was produced by award-winning humanitarian, Dr. Leonard G. Horowitz (www.DrLenHorowitz.com), a world-renowned authority in public health education, covert intelligence agency operations, and emerging diseases investigations. He is the author of three American bestsellers, including Emerging Viruses: AIDS & Ebola—Nature, Accident or Intentional? and Healing Codes for the Biological Apocalypse. (Tetrahedron Press; 1-888-508-4787) This monumental film exposes the agents and agencies behind: Hollywood films and the media creating a profitable culture of bioterror; the “War on Terrorism” used to control populations; the most lucrative war in history—the “War on Cancer;” the onslaught of dozens of new immunological diseases and deadly flus; the “War on AIDS” triggered by contaminated vaccines; the anthrax mailings resulting in restricted freedoms, and sales of toxic drugs, deadly vaccines, and more. Documents displayed in film may be viewed online at inlieswetrust.com For over 400 of the top Critically important videos see netctr.com/media -- Much more at the site. Wake up, get involved, Save the Republic - Your kids, grand kids and your life will depend on what you do from now on. Key words: propaganda, war, terrorism, vaccinations, immunizations, cancer, biological warfare, weapons of mass destruction, pharmaceuticals, AIDS, anthrax, healthcare, Hollywood, CIA, CDC, and FDA.
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Saturday, April 26, 2008
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA (Part 1)
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA (Part 2)
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA (Part 3)
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA (Part 4)
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA (Part 5)
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Thursday, April 24, 2008
Out of Control Fraud: Our Tax Dollars at Work
brasschecktv.com
For four generations now, the Bush family has been involved in supporting the country's enemies (most notably the Nazi Party in Germany) and robbing the country blind.
The family was directly involved and profited from the Savings and Loan scandal of the 1980s and has participated in security fraud as well.
With this understanding as a background, the Iraq War can be viewed as their "masterpiece."
The Bush family and its associates have stolen countless billions of dollars in the course of the war. In fact, one of their motivations for pushing the war in the first place was the opportunity for theft.
Chances are the destruction of World Trade Tower Seven, the home of crucial and now lost forever SEC and other federal law enforcement evidence and case files was carried out to cover their tracks.
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Wednesday, April 23, 2008
What is Peak Oil? & What Will Be the Effects?
Peak oil is the point in time when the maximum rate of global petroleum production is reached, after which the rate of production enters its terminal decline. If global consumption is not mitigated before the peak, an energy crisis may develop because the availability of conventional oil will drop and prices will rise, perhaps dramatically. M. King Hubbert first used the theory in 1956 to accurately predict that United States oil production would peak between 1965 and 1970. His model, now called Hubbert peak theory, has since been used to predict the peak petroleum production of many other countries, and has also proved useful in other limited-resource production-domains. According to the Hubbert model, the production rate of a limited resource will follow a roughly symmetrical bell-shaped curve based on the limits of exploitability and market pressures.
Some observers, such as petroleum industry experts Kenneth S. Deffeyes and Matthew Simmons, believe the high dependence of most modern industrial transport, agricultural and industrial systems on the relative low cost and high availability of oil will cause the post-peak production decline and possible severe increases in the price of oil to have negative implications for the global economy. Although predictions as to what exactly these negative effects will be vary greatly, "a growing number of oil-industry chieftains are endorsing an idea long deemed fringe: The world is approaching a practical limit to the number of barrels of crude oil that can be pumped every day."[1]
If political and economic change only occur in reaction to high prices and shortages rather than in reaction to the threat of a peak, then the degree of economic damage to importing countries will largely depend on how rapidly oil imports decline post-peak.
Secondary Effects of Peak Oil
Peak Oil is a cascading effect problem. We know it, but we may not yet be informed enough to realize the cascading effect problem is so pervasive. We know that MOST of the energy we use and food we eat comes directly or indirectly from non-renewable petroleum deposits. It is often argued that our large population, though only occupying a small physical area on the earth itself, is only sustained through the use of all these non-renewable resources. The obvious fix to this is switch to renewables and sustainable agriculture so we can keep as many people from starving as possible. Why? Starvation leads to war, and with nukes available in the countries most affected (China and India), it would be a very bad thing.
Additional problems are power shifts. Russia used to be very powerful, then their economy collapsed and a lot of people suffered and the ruthless rose to greater power, a meritocracy of crime and influence. Now Russia has surpassed the Saudis for oil production and they currently provide most of the natural gas heating homes and powering industry in Western Europe. The Russians want more power and influence, so they play games with supply, chiselling its called. Chip a little here, a little there and soon the other guy will give you his last dollar and the shirt off his back to keep going forward to his dreams. This is a reason I don't respect those who "follow their dreams". The romantic times are over with the cheap oil. Following your dreams in today's world gets your frilly behind killed or jailed. I respect practical people. You should too. So Russia is going to continue to rise in power, and use that power to force its Will on the rest of Europe in a way Hitler only dreamed he could get away with. The only freedom from the tyranny of Russian influence in Europe will be renewable power. It will have to be cheap, pervasive, and reasonably efficient.
As the price of oil rises it will cause a severe contraction in the world economy. Most observers of this occurrence agree that this will translate into higher prices all the way down the food chain- literally- right down to bread and fruit- as not only road and air transportation will be affected directly but the price of nearly ever commodity and product consumed in the world economy will be impacted indirectly.
When world petroleum production peaks, energy prices will go up dramatically. There will be a recession similar to the recessions that followed the energy price increases of 1974 and 1979, but with one difference: the US Federal Reserve Bank is much more active in setting economic policy than it was then, and its main focus is fighting inflation, so we can expect much lower inflation and much higher unemployment than in the 1970s. As interest rates soar, housing prices will fall and the stock market will suffer.
Eventually, the rest of the decline in oil production would have to be absorbed by a prolonged economic depression. Whenever energy prices soar, the Fed will raise interest rates until they have slowed the economy enough to stop inflation. To keep the demand for energy from exceeding the physical supply, they might have to reduce the GDP by 10 or 15 percent over 15 or 20 years. That could mean unemployment over 20 percent - about as high as it was during the worst years of the Great Depression.
Vast amounts of oil and gas are used as raw materials and energy in the manufacture of fertilizers and pesticides, and as cheap and readily available energy at all stages of food production: from planting, irrigation, feeding and harvesting, through to processing, distribution and packaging. In addition, fossil fuels are essential in the construction and the repair of equipment and infrastructure needed to facilitate this industry, including farm machinery, processing facilities, storage, ships, trucks and roads. If the price of oil rises substantially- all of these sectors of the food industry will have to pass on the extra costs to the consumer.
Commercial food production is oil powered. Most pesticides are petroleum- (oil) based, and all commercial fertilizers are ammonia-based. Ammonia is produced from natural gas. Oil based agriculture is primarily responsible for the world's population exploding from 1 billion at the middle of the 19th century to 6.3 billion at the turn of the 21st Oil allowed for farming implements such as tractors, food storage systems such as refrigerators, and food transport systems such as trucks
It's not just transportation and agriculture that are entirely dependent on abundant, cheap oil. Modern medicine, water distribution, and national defense are each entirely powered by oil and petroleum derived chemicals.
Most of the consumer goods we buy are made with plastic, which is derived from oil.
All manufacturing processes consume huge amounts of oil. For instance, the average car - including hybrids - consumes the energy contained in 25-50 barrels (or about 1,200-2,400 gallons) of oil during its construction, while the average computer consumes 10 times its weight in fossil fuels during its construction.
All electrical devices - including solar panels and windmills - make use of silver, copper, and/or platinum, all of which are discovered, extracted, transported, and fashioned using oil-powered machinery.
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kdsmooth
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10:01 AM
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Labels: Begining of the End, Money, The Real Matrix, War
Thursday, April 17, 2008
Mind Control in America (version 1.2
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Labels: 9/11, Begining of the End, Black Info.Breakdown., Conspiracy, Crooked Corporations, Media Mind Control, Real Criminals, Rights/Freedoms, The Real Matrix, video, War
Tuesday, April 15, 2008
While You Slept Your Congress Took Away Your Constitution
YouTube | April 11, 2008
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Labels: 9/11, Begining of the End, Black Info.Breakdown., Conspiracy, Crooked Corporations, Media Mind Control, Money, Real Criminals, Rights/Freedoms, The Real Matrix, video, War
Sunday, April 13, 2008
MORE & MORE AMERICANS GOING HUNGRY
BILL MOYERS JOURNAL on PBS
WATCH HUNGER IN AMERICA
WATCH EXPOSÉ FARM SUBSIDIES
WATCH DAVID BECKMANN INTERVIEW
The news at the grocery store is grim for many. According to the U.S. Department of Agriculture, food prices rose by 4% last year, the largest increase in 17 years. And, the USDA predicts they will rise another 4% this year. Eggs are up 40% in the past year; milk up 26% a gallon; a loaf of standard bread, 20%.
All across the nation families, government agencies and food banks are feeling the pinch. So many people are in precarious straits our government figures 28 million Americans will be using food stamps this year, the highest level since the program began in the 1960s. Almost one in l0 people in Ohio get food stamps; one in eight in Michigan, and one in six West Virginians. The rising food prices make that assistance worth less and less and food banks and pantries are facing increased need and those same higher prices.
As so many people face empty fridges and bare pantries, American farmers are going all-out to meet the world-wide demand for food — and earning record prices for their efforts, as they should. Farm income almost doubled last year, and is now reaching an all time high. With grain prices skyrocketing and the federal deficit out of sight, this would seem the moment to cut back on those tens of billions of dollars that taxpayers shower on milk producers, cotton and rice farmers, and growers of corn, soybeans, wheat, and sugar — subsidies that keep coming whether they're needed or not. Our farm policies frankly are a ramshackle, a costly mess — a monster jerrybuilt by politics. What was supposed to be a temporary financial safety net for imperiled family farmers has become a huge boondoggle for a fraction of wealthy farmers, including landowners who've never gotten close enough to a barn to slip on the manure. But you don't have to take my word for it. Listen to a team of journalists from the Washington Post —which by the way, won six Pulitzer prizes this week. They spent over a year producing a long series of painstaking reports on farm subsidies. This account of what the post reporters found was produced by my colleagues at Exposé.
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Labels: Begining of the End, Black Info.Breakdown., Money, Real Criminals, Rights/Freedoms, The Real Matrix, video
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