Dollar crises, food crises, oil crises, nuclear threat… Paradise for neocons to push their agenda of New American century. Just from reading few articles this week, it’s so obvious what is going on. The history has taught us that many big crises were provoked and caused by those who wanted to profit from them.
Bush and Brown issue Iran warning. “Action will start today in new phase of sanctions on oil and gas. We will take any necessary action so that Iran is aware of the choice it needs to make,” Brown said.Bush said he has not ruled out the use of force to end Iran’s suspected nuclear weapons program, but added that he preferred to resolve the dispute diplomatically. “…
Was the same 1979 when Iran wanted to nationalised oil. They brought Homeini and flamed revolution,.. add kept their presence there.
Behind: control of middle east and oil production.
Video: WE’RE GONNA BOMB IRAN, & THERES NOTHING YOU CAN DO
mostly inflated by speculations, is great opportunity to force the world to use genetically modified products (see article US wants biotech to help solve global food crisis). Even not reported i am sure that Bush with current visit in Europe again tried to push Europe into Monsanto arms. How can GM food help, since is known that brings lower yield instead of higher, increased use of herbicide instead less of them, it’s dangerous for health and destroys biodiversity ?! Strong connection between White House and Monsanto are clear. Monsato is owner of 80% of GM seeds. And they have patent on every GM seed. Licence fee of food! How perverted. Indian farmers make suicide cos can’t cope wit it. As European i am strongly against any invasion of Monsanto in Europe. But than…how can i know?
Behind: control of world’s food production.
Video: The Genetic Conspiracy (1/3) – about Monsanto
causes range of problems around the world. FED is the one who is very much responsible for that. And how really perverted. They want to solve the problem to give FED even more power worldwide (see article bellowNY Fed chief urges global bank framework ).
Behind: control of world’s money circulation.
Video: FEDERAL RESERVE (Zeitgeist) —how history repeats itself with same players
Market Manipulation and the Causes of Outrageous Energy Prices. According to a number of oil industry executives and market analysts, around a third of today’s crude oil price is pure speculation driven by large trader banks and hedge funds, and much of it on electronic futures exchanges free from U.S. oversight.“Excessive speculation on energy trading facilities is the fuel that is driving this runaway train in crude oil prices,”said Gerry Ramm, Senior Executive, Inland Oil Company of Ephrata, WA.
OPEC’s Second-Largest Producer Now Pegs Petroleum To Euros And Yen
TEHRAN, Iran, April 30, 2008. Although OPEC has traditionally tied its price of oil to U.S. dollars, Iran has announced it has shifted sales of its oil to euros and yen.
(AP) Iran, OPEC’s second-largest producer, has completely stopped conducting oil transactions in U.S. dollars, a top Oil Ministry official said Wednesday, a concerted attempt to reduce reliance on Washington at a time of tension over Tehran’s nuclear program and suspected involvement in Iraq.
Iran has dramatically reduced dependence on the dollar over the past year in the face of increasing U.S. pressure on its financial system and the fall in the value of the American currency.
Oil is priced in U.S. dollars on the world market, and the currency’s depreciation has concerned producers because it has contributed to rising crude prices and eroded the value of their dollar reserves.
“The dollar has totally been removed from Iran’s oil transactions,” Oil Ministry official Hojjatollah Ghanimifard told state-run television Wednesday. “We have agreed with all of our crude oil customers to do our transactions in non-dollar currencies.”
Iranian President Mahmoud Ahmadinejad called the depreciating dollar a “worthless piece of paper” at a rare summit last year in Saudi Arabia attended by state leaders from the Organization of Petroleum Exporting Countries.
Jun 13, 2008; A senior US official on Friday urged countries to remove barriers to the use of biotechnology and other innovations that would increase food production at a time of crisis.
“We must address the policies and trade barriers that increase food prices by preventing access to food and to the best technologies available to produce food,” Deputy Secretary of State John Negroponte said.
“In the long term, we believe sustainable food security will come from advances in science and technology and the creation of an efficient global market for both agriculture products and food production technologies,” he said.
“We therefore are strongly encouraging countries to remove barriers to the use of innovative plant and animal production technologies, including biotechnology,” Negroponte said.
“Biotechnology tools can help speed the development of crops with higher yields, higher nutrition value, better resistance to pests and diseases, and stronger food system resilience in the face of climate change,” he said.
“Are there negative food andclimate change implications associated with increased demand for biofuels?” he asked.
“We think this has had minor impact, but are dedicating substantial resources for research for cellulosic biofuel technology,” he said.
“We are also working hard to conclude a successful Doha agreement that will reduce and eliminate tariffs and other barriers as well as market-distorting subsidies for agriculture goods,” he said.
“Over 40 developing countries unwisely have put trade-restrictive policy measures into place,” he said, adding that export restrictions should be lifted.
“They (the export restrictions) have taken food off the global market, driven prices higher, and isolated farmers from the one silver lining of the rise in food prices — higher incomes for agriculture producers,” he said.
Negroponte was speaking at a ceremony to name former US senators Robert Dole and George McGovern the winners of the 250,000 dollar World Food Prize for their role in “encouraging a global commitment to school feeding.”
June 8 2008; Banks and investment banks whose health is crucial to the global financial system should operate under a unified regulatory framework with “appropriate requirements for capital and liquidity”, according to Timothy Geithner, president of the Federal Reserve Bank of New York.
Writing in Monday’s Financial Times, Mr Geithner, a key US policymaker throughout the credit crisis and one of the main architects of the rescue of Bear Stearns, says that the US Federal Reserve should play a “central role” in the new regulatory framework, working closely with supervisors in the US and round the world.
“At present the Fed has broad responsibility for financial stability not matched by direct authority and the consequences of the actions we have taken in this crisis make it more important that we close that gap,” Mr Geithner says, in an excerpt of a speech to be delivered today at the Economic Club of New York.
The credit crisis has heightened pressure on US policymakers to consider sweeping changes to a regulatory system for financial institutions which has commercial banks such as JPMorgan Chase and Citigroup regulated by the Fed and investment banks such as Goldman Sachs and Lehman Brothers more loosely regulated by the Securities and Exchange Commission.
Mr Geithner called the system “a confusing mix of diffused accountability, regulatory competition and a complex web of rules that create perverse incentives and leave huge opportunities for arbitrage and evasion”.
However, legislation to overhaul US financial regulation is unlikely to start advancing through Congress until next year when the new administration takes office.
In his speech, Mr Geithner will also say the Fed is examining whether to make “permanent” some of the new liquidity facilities put in place during the credit crisis, and called for central banks to establish a “standing network of currency swaps, collateral policies and account arrangements” to bolster liquidity during a future crisis.
Meanwhile, Malcolm Knight, the general manager of the Bank of International Settlements, the Basel-based central banking group, told the FT that the financial system now faces a growing risk of exchange-rate volatility as investors and central banks grapple with the impact of rising commodity prices and other inflationary pressures.
“It is not clear if the rest of the world is going to continue to fund the US current account deficit at current levels of exchange rates,” he said. “The pattern of the exchange rates is subject to considerable uncertainty now.”
The comments are likely to be closely watched by investors and policymakers, since they come at a time of renewed market focus on the outlook for the dollar relative to the euro and other currencies. Last week, Ben Bernanke, Fed chairman, broke with the US central bank’s traditional silence on currency matters to make clear that it does not want any further dollar weakness.
While the dollar rallied on Mr Bernanke’s remarks, it retreated later in the week after European Central bank comments suggested an interest rate rise and as the price of crude oil soared, heightening inflation fears.
“There is a perception that after a long period of quiescent inflation, things are changing,” Mr Knight said. “This is quite visible in terms of commodity prices in energy markets but also in terms of what is happening with other commodities too.”
By Aline van Duyn and Michael Mackenzie in New York
Published: June 9 2008 23:20 | Last updated: June 9 2008 23:20
Timothy Geithner, president of the New York Federal Reserve, has appeared to dismiss the market perception that the US Treasury calls the shots for the dollar, saying responsibility is a “delicate balance” between the Treasury and the Fed.
Referring to his time as a Treasury official, he said the balance of responsibility for the dollar was “60:40”, with the Treasury taking the lead but the central bank clearly playing an important role.
The dollar strengthened on Monday after Mr Geithner said the Fed was paying “very close attention” to its value. “No government or central bank can be indifferent to changes in the value of its currency,” he said in a question-and-answer session at the Economic Club of New York.
Hank Paulson, US Treasury secretary, also told CNBC on Monday that he would not rule out intervention to stabilise the dollar. The currency rallied after setting a six-week low on Monday and was up 1 per cent at $1.5622 against the euro in late trade.
Last week Ben Bernanke, Federal Reserve chairman, broke a taboo on Fed officials commenting on the dollar when he drew links between a weaker currency and higher import costs and consumer price inflation.
The Fed has cut benchmark overnight interest rates sharply to 2 per cent since September. Now markets expect a rate increase later this year to address inflationary pressures.
Mr Geithner has been a key US policymaker throughout the financial crisis and one of the main architects of the rescue of Bear Stearns. The bank was bought by JPMorgan, which Mr Geithner said was the only way to avoid a default.
“Our first and most immediate priority remains to help the economy and the financial system get through this crisis,” he said. After the system had stabilised, the regulatory system had to have an overhaul.
“The severity and complexity of this crisis makes a compelling case for a comprehensive reassessment of how to use regulation to strike an appropriate balance between efficiency and stability,” he said.
The establishment of a central clearing house for credit derivatives was an important goal of a meeting held on Monday afternoon at the New York Fed with 17 big firms, Mr Geithner said.
Changes in the derivative market’s infrastructure, expected over the next six months, “will help improve the system’s ability to manage the consequences of failure by a major institution”, he said.
The dealers and Fed will outline a number of changes in the way over-the-counter derivatives trades are processed, including a central clearing house, reduced outstanding contracts, and greater automation of trading and settlement.
Food crises, Financial crises, global warming, falling $, high oil prices – what is the lowest common denominator?
“Julius Caesar and the Roman Empire Couldn’t conquer the blue sky “
Nice sentence from “Always take the weather with you” of Crowded house. But is it conquered now? Watching CNN last night i just couldn’t avoid food crisis news; haven’t been able to avoid them while buying newspapers (Newsweek , 2008, the yaar of global food crises , Global food crisis looms as climate change and fuel shortages bite , …. ) I can’t avoid global warming news, although some scientist say that the Global Cooling comes back in a big way. Can’t avoid news about financial crises, high oil prices, falling $, coming recession,… than in commercial breaks: buy now, be greener, cars with lower CO2, secure your investments, eat healthy food,… Like one and the same continuing program without noticing that there are commercials.. Is it there causal relationship? Is it bad policy as they say? Or is it everything so very well engineered?
When media over expose some news i become sceptical. Very very sceptical and doubtful. Working in media i know pretty well how media ownership is spread and from where the money comes from. And for a big news spreading around you need very good bandmaster. And a lot of money.
We all know that we live in media constructed reality. So what is the reality behind media construction? Is the Bilderberg group and bank elite answer to that? If we going back to past recessions and believe that past recessions were very well engineered (as it well presented in Zeitgeist movie or End Game- Blueprint for global enslavement) why should be different now. Its about making crises, solved them then and gain control over poor hungry and penniless people. I hardly believe that everything has come together so quickly and coincidentally. We know how big power FED has. And WTO, and IMF and UN. All the same policy.
Maybe many of this could be speculation, but knowing that media aren’t teling us the truth, we have to be skeptical and try to find the truth behind. To understand the cause not just the results. Just too many coincidences that someone would not recognize clear and horror pattern of lowest common denominator – power-play and control.
The story of chemtrails or Goodbye blue sky
Some says that chemtrails could be solution to global warming. Most of them deny program for using them for cooling the earth (but patent has been approved, see bellow). Must see movie Aerosol Crimes for everyone who is interested on this topic. Some other think that they are another weapon to control the weather in order to control nations (isolated drought in North Korea and isolated cloudy weather over Belgrade during air strike). According to some, long-term drought is the result of spraying chemtrails . Temperature drops for 7C and humidity for 30%. In addition to that health problems are reported.
Food shortage is the most evident result of drought, isn’t it. And hungry and penniless people are to weak to fight for their rights and think no further than to their stomach. Kissinger said that there are two tools to control people or whole nations: weapon and food. Genetically modified is another scary story (see video bellow).
The Welsbach Patent
United States Patent
Chang , et al.
March 26, 1991
Stratospheric Welsbach seeding for reduction of global warming AbstractA method is described for reducing atmospheric or global warming resulting from the presence of heat-trapping gases in the atmosphere, i.e., from the greenhouse effect. Such gases are relatively transparent to sunshine, but absorb strongly the long-wavelength infrared radiation released by the earth. The method incudes the step of seeding the layer of heat-trapping gases in the atmosphere with particles of materials characterized by wavelength-dependent emissivity. Such materials include Welsbach materials and the oxides of metals which have high emissivity (and thus low reflectivities) in the visible and 8-12 micron infrared wavelength regions.
Chang; David B.(Tustin, CA), Shih; I-Fu(Los Alamitos, CA)
“I learned about U.S. Patent #: 5,003,186, titled `Stratospheric Welsbach Seeding for Reduction of Global Warming,” better known by chemtrail researchers as “The Welsbach Patent.”
The patent describes putting metallic particles like aluminum and barium into jet fuel. Then, exhaust from the jet engine seeds the stratosphere. In turn, those small metallic particles serve a dual purpose by: 1) reflecting incoming light back into space and 2.) helping convert the warmth below into infra-red waves, allowing them to escape from the earth’s atmosphere.
“It turned out that it seemed to work and so that’s why we had applied for a patent,” said patent co-inventor David Chang. Chang confirmed that the U.S. military did fund that research while he worked at Hughes Aircraft, an aerospace giant at the time. It would later downsize considerably and evolve into Direct-TV, which required some of the very same kinds of research and development.
In fact, Chang described several other military-funded projects where jet engine exhaust dispersed metallic particles into the atmosphere. “For instance, we were using it to develop targets for laser range finders,” continued Chang.
I then learned about that U.S. Air Force document titled, “Owning the Weather in 2025.” it details weather modification for war-fighting and describes putting carbon dust into jetfuel for dispersal as the quote, ‘most convenient, safe and cost effective method,” just as the Welsbach Patent explained. That method is described on page 15 of the Air Force report, originally written in 1996 as a study paper.
In September of 2002, then-Secretary of State Colin Powell even told a United Nations World Summit in South Africa quote, “we are committed to a billion-dollar program to develop and deploy advanced technologies to mitigate greenhouse-gas emissions.” Powell never fully elaborated.
And few may remember that the U.S. military used covert weather modification in the past. During the Vietnam War a top secret mission called ?Operation Popeye,? seeded clouds over the Ho Chi Minh Trail to create floods and wash out the enemy’s supply routes. Reporter Jack Anderson is credited with breaking that story back in 1971.
“City “City of God”… what a name for a place which could not be so radically different than a paradise. This movie (Cidade de Deus) is brilliant in many senses. It shows the favelas in Rio de Janeiro through the eyes of internal observer. Who lived there. No preaching, no moral judgement’ quotes of high or middle class. It just unfolds the reality of living there, self-organized structure which appears when people are pushed beyond conventional social system and its values. The violence, love, hopes for a better future, survival…
According to Wikipedia most of the current favelas began in the 1970s, as a construction boom in the richer neighborhoods of Rio de Janeiro initiated a rural exodus of workers from poorer states in Brazil. Heavy flooding in the low-lying slum areas of Rio also forcibly removed a large population into favelas, which are mostly located on Rio’s various hillsides. According to movie, government pushed unemployed and rural people into the “City of God”.
All chaotic systems tend toward self-organization. This one as well. But beyond social norms, the structure built up itself upon violence and cruel dominance of Alpha male. Since all were new, no clans of old gangsters were present. So the first ones were kids, younger than 18 years…
The last scenes really shocked me. The kids, no older than 12 years, took dominance over the favelas. it was joke for them, like they were shooting on PlayStation. lots of fun. But than, what kind of kids that social structure beyond social structure can produce? According to some sources, those kids still have control over favelas today … http://www.davidalton.com/brazilreport.html
It seems to me that our capitalistic society is ruled by the same principle, just on more noble and sophisticated way.
Vietnam, FED, Bilderberg group, September 11, Irak, ….alpha males, drug trafficking, weapons trade, civil causalities in the name of power and $$$ ….order within the order, order which orders all or strange attractor? When after many iterations you can recognise pattern.
Rocinha – the largest and most complex favela of Brazil. This favela holds 150000 people within 1 square mile.
Can Chaos theory as theory of dynamic systems explain dynamics of social behaviour?
Watched today similar movie The Departed regards structures within the structure, voilence with its own rules. Well done (of course Scorsese), great actors (Di Caprio, Nicholson, Damon, …). Music as well: Roling Stones, Pink Floyd,.. Won 4 Oscars, excelent Scorsese’s movie piece. It just hasn’t touched me so much as City og God where the players were mostly amateut actors. And where reallity heavely strikes you.