Archive for the ‘oil’ Category

Russia May Sign Agreement to Build 8 Reactors in Iran…

Posted on 2014 05, 22 by rockingjude
Bushehr nuclear power plant

18:09 22/05/2014
ST. PETERSBURG, May 22 (RIA Novosti) – Moscow may sign an intergovernmental agreement with Teheran this year to build eight new reactors for nuclear power plants in Iran, a source close to the negotiations told journalists Thursday. Two reactors could be built at the Bushehr Power Plant and six reactors at other sites, the source said, adding that the talks were in their final stage. Russian President Vladimir Putin said earlier this week that Russian-Iranian cooperation will continue despite international turbulence around Tehran. Putin said that Russia and Iran are not only neighbors, but also long-standing reliable partners. Iran’s only nuclear power plant near Bushehr came online September 2011 and began operating at full capacity a year after. Moscow handed over operational control of the Russian-made plant to Iran in September last year. Construction of the power plant in the country’s south began in the 1970s but was plagued by delays. Russia signed a billion-dollar deal with Tehran to complete the plant in 1998. ria
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Russia and China wrestle over multibillion-dollar gas deal…

Posted on 2014 05, 20 by rockingjude

Russia Holds “De-Dollarization Meeting”: China, Iran Willing To Drop US Dollar From Bilateral Trade

Posted on 2014 05, 20 by rockingjude
Russian currency: The Ruble

Russian currency: The Ruble (Photo credit: Wikipedia)

Tyler Durden on 05/14/2014 10:47 -0400

 

That Russia has been pushing for trade arrangements that minimize the participation (and influence) of the US dollar ever since the onset of the Ukraine crisis (and before) is no secret: this has been covered extensively on these pages before (see Gazprom Prepares “Symbolic” Bond Issue In Chinese YuanPetrodollar Alert: Putin Prepares To Announce “Holy Grail” Gas Deal With ChinaRussia And China About To Sign “Holy Grail” Gas Deal40 Central Banks Are Betting This Will Be The Next Reserve Currency; From the Petrodollar to the Gas-o-yuan and so on).

But until now much of this was in the realm of hearsay and general wishful thinking. After all, surely it is “ridiculous” that a country can seriously contemplate to exist outside the ideological and religious confines of the Petrodollar… because if one can do it, all can do it, and next thing you know the US has hyperinflation, social collapse, civil war and all those other features prominently featured in other socialist banana republics like Venezuela which alas do not have a global reserve currency to kick around.

Or so the Keynesian economists, aka tenured priests of said Petrodollar religion, would demand that the world believe.

However, as much as it may trouble the statists to read, Russia is actively pushing on with plans to put the US dollar in the rearview mirror and replace it with a dollar-free system. Or, as it is called in Russia, a “de-dollarized” world.

Voice of Russia reports citing Russian press sources that the country’s Ministry of Finance is ready to greenlight a plan to radically increase the role of the Russian ruble in export operations while reducing the share of dollar-denominated transactions. Governmental sources believe that the Russian banking sector is “ready to handle the increased number of ruble-denominated transactions”.

According to the Prime news agency, on April 24th the government organized a special meeting dedicated to finding a solution for getting rid of the US dollar in Russian export operationsTop level experts from the energy sector, banks and governmental agencies were summoned and a number of measures were proposed as a response for American sanctions against Russia.

Nigeria to benefit from $12bn Chinese Africa infrastructure fund…

Posted on 2014 05, 18 by rockingjude
Filed under: main story | 

Chinese Premier Li Keqiang has promised his country’s assistance in providing robust infrastructure transformation for Nigeria and other African states.

To signal how seriously China, the world’s second-largest economy, takes its growing ties with Africa, Keqiang announced new funding commitments of $12 billion to Africa and Nigeria, the biggest economy on the continent.

“We will add $10 billion to our already committed credit lines to reach a total of $30 billion and put an extra $2 billion into the China-Africa Development Fund to reach $5 billion,” said Keqiang in a powerful speech at the first plenary session of the World Economic Forum (WEF), Africa yesterday.

“We will provide 18,000 scholarships to Africa and train 30,000 professionals of various types. The Chinese government means what it says, our co-operation with Africa will be based on mutual benefit,” Keqiang said.

Keqiang is visiting Nigeria with a 100-man delegation for the WEF Africa.

The Chinese and African economies are complementary to each other, according to Keqiang, with Africa needing investments, and China having surplus.

Chinese Premier Li Keqiang

To realise inclusive growth, which is the theme of the WEF, infrastructure, especially transportation, must be at the fore front, and China would assist Africa in building high-speed rail networks, Keqiang said.

Africa currently has 23 percent of the world’s landmass, but only 7 percent of global rail lines.

China would also provide assistance for building and expanding Africa’s express and motorways, as well as build out a regional aviation network for the continent.

“China proposes a China-Africa regional aviation plan through an aviation joint venture with African partners,” Keqiang said. China will also support the movement of labour-intensive Chinese industries and enterprises to Africa to help with job creation.

How Aмеяiкa Is Evolving Into a Fascist State…

Posted on 2012 09, 30 by rockingjude

julesmanson.com

It is no measure of health to be well adjusted to a profoundly sick society.

 – Jiddu Krishnamurti (1895 – 1986)

Abstract I: Intent of this Article

With all the patriotic, good government, world beacon of freedom and democracy, and America is the greatest nation propaganda that Americans are indoctrinated with since childhood; most are hard-pressed to face the reality that the United States is now exhibiting striking attributes that it is sinking toward a closed fascist society. – Image courtesy of antemedius.com.

I need to stress three points about this article. Please recognize that it is an editorial and an analysis of current affairs. This means you will not see referenced citations for all points discussed because most facts are well established in the historical record and therefore not in dispute. However, plentiful links and embedded videos by credible and independent sources are provided that inspired some of the content and analysis.

The purpose of this article is not to repeat the facts and news stories of other texts and articles. The intent is to illustrate the true nature of the United States government by using freely available information to connect the dots in a way that may not have been considered before.

Abstract II: Defining Fascism

The new face of fascism isn’t necessarily white anymore. It may come in different flavors however it is still served in the similar cold dish of collectivism with the main course a government by the people for the government for the corporation. And, we the people always pick up the tab. Perhaps there is such a thing as a “free lunch,” for the very lucky few. – Image by unknown.

Secondly, what is fascism? Although I may have difficulty defining it I know it when I see it. However it is always best to begin with the dictionary definition to determine if it reflects what we are seeing today. Dictionary.com defines fascism as:

(sometimes initial capital letter) a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc., and emphasizing an aggressive nationalism and often racism.

This of course is the traditional meaning of fascism as racism does not play a key role in American fascism. Moreover, the dictator is not a single person but a group of elite or ruling class despots all working together for their own interests. For a thorough definition please visit the Wikipedia definition for fascism.

The primary element of any fascist state is collectivism. It places a higher value on the concerns of the group over the rights of the individual. Thus the needs or even life of any single human being or all people of any smaller group can be sacrificed for the greater good. However, this term is really just a misnomer because it is almost solely applied by those who drive public policy to serve their own hidden illicit agendas.

Thus American fascism is rooted in the trading of other people’s wealth and liberty by those in power in exchange for personal gain and it is done without the consent or knowledge of those being compromised. A paraphrase from the Gettysburg Address nicely packages democracy (and freedom) – a government by the people for the people. With traditional fascism we have a government by the people for the government. With contemporary American fascism government becomes a conduit for a third party – a government by the people for the government for the corporation.

Congressman Ron Paul (R-Tx) describes American fascism as soft fascism. This is also known as corporatism. This means fascism is a spectrum with the most extreme form being that of Benito Mussolini’s Italy, Hitler’s Germany, or Stalin’s Soviet Union.

To prove that the United States reflects many traits of traditional fascism this article will reveal how all people are manipulated with questionable principles to support public policies that are harmful to society; demonstrate how our elected leaders are eroding our civil rights; disclose how the government is managed by an elite class of despots through corporatism, other private interests such as labor unions, and because of foreign interests such as the Israel lobby (AIPAC) and European banks; and advance why democracy is very limited to anemic representation in Washington and other levels of government.

Others have taken a point by point approach and these also inspired my analysis. These are very good for a quick overview but they do not examine how the collective mind of the public is systematically shaped to support public policies that lean toward fascism.

It is dire to correct this before it becomes too deep otherwise just like Third Reich Germany, there is a possibility of history repeating itself and we may have reached a point of no return. I sincerely hope my analysis will motivate readers to take effective action whatever form that may take.

The following embedded video is of the whole interview of Ron Paul on NBC’s Meet The Press with Tim Russert. Before moving on it is important to note that most republics (states) now exhibit a sort of states-level soft fascism through labor unions who represent government workers.

Abstract III: Two Examples from History

Robertson and Cunningham: Libya’s Green Resistance Did It, NATO Powers Are Covering It Up‏…

Posted on 2012 09, 23 by rockingjude
LIBYA (Photo credit: vittoare)

The NATO powers and the bureaucrats they installed in Libya want you to think that all 5.6 million Libyans are happy that NATO and its proxy terrorists destroyed Libya, whose standard of living had been Africa’s highest under Gaddafi.

They want you to think that NATO brought “freedom and democracy” to Libya, not chaos and death.

They want you to think that there is no Green Resistance to the NATO imperialists or NATO’s Islamist allies in Benghazi.

In reality, the Resistance has been increasingly active since shortly after the murder of Muammar Gaddafi in October 2011, as will be shown below. They strike any NATO target they can, and they execute key Libyans who betrayed Gaddafi and sided with NATO. The Benghazi incident was merely their latest blow against what they see as NATO’s illegal occupation of their country.

Everyone in Libya knows about the Green Resistance, whose members are called “Tahloob” (Arabic for “Gaddafi loyalists”). The denial only happens outside of Libya, by the NATO powers and their dutiful Western mainstream media.

Because of this denial, and because most of the world’s people have forgotten about Libya, the internet is filled with blind guesses, unfounded claims, and ridiculous counterclaims regarding the Benghazi incident last week in which US Ambassador Christopher Stevens and at least three other American personnel were killed. And the NATO lie factory is operating at full blast.

CLAMS, COUNTER-CLAIMS AND DISINFORMATION

The Obama regime says “protesters” irate over an anti-Islam video did it.

The NATO-installed bureaucrats in Libya say that “foreign extremists” did it.

US Congressmen say “Al Qaeda did it”. So does CNN, plus disinformation web sites like Alex Jones’ Prison Planet, which denounces any reference to the Green Resistance as “absurd”. (1)

Media outlets, such as the UK Guardian, say “an organized terror network did it”.

Turkey’s government says “Syria’s Assad did it”.

Israel says “Hezbollah did it”.

The Sunni monarchs of the Gulf Cooperation Council oil sheikdoms say “Iran did it”.

Even reputable alternative media writers and progressive bloggers have attributed the attack to “the Benghazi Islamists”, and that this is “blowback from imperialism”.

Wikileaks says the attack happened because the US had backed Britain’s threat to storm the Ecuadorian embassy in London and remove Julian Assange. (2)

Some media outlets claim that “Al Qaeda” carried out the attack in revenge for the supposed death in Pakistan (by US drone strike on 4 June 2012) of Libyan-born Abu Yahya Al Libi (aka Hassan Mohammed Qaid) who was supposedly a key aide to Osama bin Laden, and was supposedly the “number two man” in Al Qaeda.

This claim is nonsense, since Al Qaeda has been a group of mercenaries employed by Washington and London since 1980. President Reagan called them “heroes” and “freedom fighters”. The US and Britain sends its Al Qaeda mercenaries to the Balkans, Libya, Syria, Chechnya, Somalia, Sudan, and other places that NATO wants to infiltrate, destroy or destabilize.

Alternative Currencies Rise as the Eurozone Crisis Worsens…

Posted on 2012 07, 07 by rockingjude

The advantages of non-political innovations and cryptocurrencies

 | July 6, 2012

For weeks commentators have been discussing the possibility of Greece leaving the eurozone and how a return to the drachma might be facilitated. But when it comes to currency, the drachma is not Greece’s only option. If Greece does exit the eurozone an alternative currency could emerge or an already existing one could be adopted. In some parts of Greece social entrepreneurship, technology, and skepticism of politicians have already given rise to alternate trading mechanisms and created an environment where cyrptocurrencies could become increasingly popular.

As the euro crisis worsened many Greeks began hoarding euros, and more recently there have been small runs on banks. Spending on goods has gone down and prices have been rising. In the Greek city of Volos social entrepreneurship has resulted in a modest but inspiring solution to this trend. One Volos resident started TEM, an online bartering system that allows residents to purchase groceries and other goods in exchange for services while keeping their euros to pay the rent.

With a Greek exit form the eurozone a very real possibility such examples of social entrepreneurship may well become more and more common as the crisis deepens.

Greeks have contradictory opinions on the euro. While the overwhelming majority of Greeks want to stay in the eurozone, a majority of the Greek public is also strongly against the austerity measures required in the bailout agreement. George Zarkadakis, a Greek novelist, journalist, and entrepreneur, explained the political paralysis in Greece to Reason. “The Greek idiocy was that nobody wants to reform,” he says. “Greece is a state-controlled economy, the Greek political class wants to rescue their civil service and nothing has been done in the past two years.”

The euro crisis provides an example of the kinds of situations where competitive currencies might prove useful. Modern technology has only made the development of these “currencies” easier and in many ways more desirable. Safe from the level of regulation suffered by government-issued money, cryptocurrencies are more flexible and convenient for purchases and sales.

The most prominent of these cryptocurrencies is bitcoin. Bitcoin frees those who use it from political uncertainty, fiat policies, and is less affected by international money markets than traditional currencies. Isolated from the political environment in Europe, bitcoin offers Europeans a viable alternative to the euro and to a return to traditional currencies. There have been reports of more Europeans using bitcoin as their confidence in political solutions diminishes.

(Article continues below video “Bitcoin and the End of State-Controlled Money.”)

Both TEM and bitcoin offer some welcome relief from the current situation in Europe. There is no government interference (yet) and transactions are free.

This is not to say that there are not concerns over bitcoin. George Selgin, professor of economics at the Terry College of Business at the University of Georgia, points out that bitcoin breaks the dichotomy of fiat vs. commodity money proposed by the pioneering Austrian economist Carl Menger. Selgin calls bitcoin a “quasi-commodity system” and argues that it is not money. Bitcoin is not widely used for transactions, and according to Selgin the euro crisis is not serious enough for bitcoin (or something similar) to spontaneously emerge with any degree of influence. Even in the Weimar Republic Germans resorted to using already existing currencies like the British Pound rather than creating a new currency. For Selgin the unorthodox status of bitcoin, the lack of historical precedent, and its mono-linguistic culture makes a mainstream bitcoin emergence in Europe unlikely.

Rio+20 climate conference: “An epic failure”…by Nicholas Russo

Posted on 2012 06, 28 by rockingjude

~the working class would be the ones to pay for this…not the wealthy…They are just not going to give up…loll…~jude

Rio+20’s expensive wish list

$1,325 per American family for U.N. bureaucrats

By Paul Driessen and Duggan Flanakin

The NGO Major Group Organizing Partners have finalized their key document for the Rio+20 Summit.The Future We Want outlines the common vision for “sustainable development” throughout the planet sought by those nongovernmental organizations – mostly social and environmental activist groups. There are many noble sentiments in its 283 statements. There also is much that raises serious concerns. “Sustainable,” “sustainability” and “sustainable development” appear in the text an astounding 390 times. Like “abracadabra,” these amorphous words are supposed to transform even corrupt societies into Gardens of Eden under United Nations auspices. They will use less, pollute less, be sustainable, get along and save species and the entire planet from their worst enemy: human beings.

The affirmations, resolutions and guidelines are fascinating, but the funding mechanism is even more eye-opening. Results of the U.N. conference in Rio de Janeiro, which concluded Friday, calls for annual “donations” from the European Union and Annex II (Kyoto Protocol) countries amounting to 0.7 percent of their gross national product (GNP). With the combined GNP of contributing nations totaling about $45 trillion in 2010, the transfers would add up to $315 billion per year, or $3.2 trillion per decade.

President Obama and Secretary of State Hillary Rodham Clinton had previously committed the United States to provide $105 billion annually, based on our $15 trillion GNP. World Bank data for 2010 put U.S. per capita GNP at $47,340 – meaning each American family of four would pay $1,325 a year. That may seem like chump change compared to Obamacare or the Obama stimulus. But over a decade, U.S. citizens would be required to contribute well over $1 trillion to U.N. sustainability schemes.

To oversee this unprecedented wealth transfer to U.N. bureaucrats and NGO activists, architects of “The FutureWeWant” would establish “an intergovernmental process” to assess financial needs; consider the effectiveness, consistency and synergies of existing instruments and frameworks; evaluate additional initiatives; and prepare reports on financing strategies. Implementation of this grand scheme would be handled by an intergovernmental committee of 30 “experts” who would be accountable to no one, except perhaps the U.N. secretary-general.

The document reassuringly suggests that “aid architecture has significantly changed in the current decade,” and “fighting corruption and illicit financial flows [has become] a priority.” Diogenes would search in vain for evidence of this.

Indeed, the very idea of still more aid must be questioned. “Has more than $1 trillion in development assistance over the last several decades made African people better off?” economist Dambisa Moyo asks in her book, “Dead Aid.” Her answer is an emphatic no.

The Deeper, Secret Roots of America’s Founding…

Posted on 2012 06, 19 by rockingjude


With all the controversy catalyzed by the enormously popular The DaVinci Code and its revelations of secret, metaphysical societies to which DaVinci, Isaac Newton and other famous visionaries of the time belonged, we thought might be useful as we approach America’s Independence Day to explore the metaphysical backgrounds and secret societies of our Founding Fathers.  Here are excerpts from extensive research we did  for our 1994 book on Spiritual Politics:

© 1994 Corinne McLaughlin and Gordon Davidson

The most intriguing hint about the secret, metaphysical dimensions of the founding of America is not actually hidden at all–in fact it can be seen in millions of places today–on every one dollar bill, which displays the reverse of the Great Seal of the United States. Here is the All Seeing Eye of God or Spirit, placed above a pyramid–a symbol representing spiritual vision that is found in many secret societies, including the Rosicrucians and the Freemasons.

The pyramid was used by some ancient cultures, such as the Egyptian and the Mayan, as an initiation chamber. The All-Seeing Eye seems to be placed as a capstone at the top of the pyramid. If you stand at the base of the pyramid, there are many different viewpoints, depending on which of the four sides you are  standing on and looking out from. But at the top, all the viewpoints unite, because there we see with the Eye of Spirit. What an important message for us today!  The various religious and political groups stand at the base of each side of the pyramid, fighting for their limited view, when they need to climb higher to see the more inclusive, higher vision from the top—the radiant Eye of Spirit.

WHITE HOUSE INSIDER: Obama In Serious Trouble – And That Makes Him Very Dangerous…

Posted on 2012 06, 10 by rockingjude

“He owes them for everything.  Everything he’s got – they gave to him.  Everything.  The guy’s Manchurian to the shoes on his feet.” -WHI

Note:  For the past two years we have been receiving information from a longtime Democratic Party operative who has worked at the highest levels of American politics -including direct access to presidential administrations.  Once closely allied to the Clinton machine, and then later playing a significant role in helping to elect Barack Obama in 2008, this individual came to realize just how inept and dangerous was the then-newly elected President Obama and his circle of closest advisers, namely Valerie Jarrett.  Since that time this insider has time and again shared information that has later proven accurate, including rampant White House infighting, re-election strategies, Obama’s strained relationship with Democrats in Congress and the U.S. military, and more personal details specific to Barack Obama the man – a figure who suffers from emotional extremes including depression and who spends far more time in his second floor White House study than he does working in the Oval Office as President of the United States.

Here now is Part One of our most recent face to face interview with White House Insider…

 UM:  We agreed to a series of word associations to start this off.  You still ok with that?

WHI:  Sure – yeah. Fire away.

UM:  Mitt Romney.

WHI:  The next President of the United States.  He better be – or…or people don’t know – they don’t realize how bad – how dangerous things will get.  And fast.


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