05/19/16

Dopes, Doping, and the Russian-Iranian Nuclear Threat

By: Cliff Kincaid | Accuracy in Media

The Russians have been doping their athletes, but we are the dopes. In a scandal worse than failing to deal with ISIS, the Obama administration has been caught facilitating the nuclear buildups of Russia and Iran. The lives of millions of Americans and Israelis hang in the balance.

Playing a pivotal role over the years in America’s decline and the rapid rise of Russia and China stands Henry Kissinger, the former secretary of state who met for an hour with Donald J. Trump on Wednesday. Kissinger has also served as a “tutor” to Hillary Clinton in foreign affairs. “I was very flattered when Henry Kissinger said I ran the State Department better than anybody had run it in a long time,” Mrs. Clinton remarked during one of the Democratic debates.

What some conservatives have cynically called the “invisible government,” as represented by the Council on Foreign Relations and such figures as Kissinger, seems well-positioned to come out on top in November no matter who wins.

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06/4/15

The Evolution Of The Oil Weapon

In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare.

Recently, the US has passed sanctions on countries such as Syria, Venezuela, and North Korea , but the majority of energy related sanctions passed have been targeted at Iran and Russia.

An estimated 68 percent of Russia’s government revenue is derived from oil and gas exports, while 80 percent of Iran’s revenue comes from oil exports. That presents a very large target for the use of financial weapons.

To understand why financial warfare is now so commonplace, one must understand how it came into existence and what has been achieved taking such an approach.

The oil weapon first came into existence in 1965, when Egypt nationalized the Suez Canal. What resulted from this was a declaration of war by France, England, and Israel. As a way to counter this invasion, Saudi Arabia decided to ban exports to England and France. This embargo turned out to have minimal economic impact, as the US increased shipments to Europe, and international oil companies redirected shipments to England and France.

The next embargo imposed was in 1967, when Arab states imposed an embargo on the US, Britain, and West Germany. This embargo was enacted after a rumor surfaced that Britain and the US were providing air cover for Israeli planes, after Israel bombed Egyptian military airports in the 1967 war. This embargo failed, due to the fact that Arab oil revenues declined. This embargo also wasn’t enforced properly, as Western countries were still receiving oil from Arab countries.

But the most famous incident came in 1973. This was when OPEC issued a new embargo on countries that provided military aid to Israel, in the Yom Kippur war. This proved to have a greater economic impact on Europe and the US, because Saudi Arabia displaced Texas as the world’s swing producer.

The 1973 embargo led to an increase in domestic fuel prices, shortages of gasoline, and the rationing of gasoline fuel. This embargo changed the dynamics of US foreign policy.

After the 1973 embargo, Richard Nixon sent his secretary of state Henry Kissinger to Saudi Arabia with a proposed deal, to ensure that an embargo such as this would never happen to the United States again.

After some revisions, in 1976, the House of Saud and Henry Kissinger finally reached an agreement. The agreement did the following things, according to Marin Katusa’s 2014 book, “The Colder War.” The Saudi’s agreed to:

1. Give the US as much oil as it desired, for general consumption and national security measures. Thus increasing or decreasing oil production to the benefit of the US

2. To only sell oil for US dollars, and to reinvest profits in US treasury securities.

In return, the US guaranteed:

1. The protection of the Saudi Kingdom from rival Arab countries

2. The protection of Saudi oil fields

3. Protection from an Israel invasion.

The Saudi’s agreed to this because, even though they had vast amounts of oil, they didn’t possess an army which could protect them from its surrounding enemies; which included Iran, Iraq, and Israel.

This deal not only secured a steady supply of oil to the US, but allowed the US to expand its global footprint.

How the US and the Saudi’s colluded to topple the USSR

In 1982, a secret declaration for economic war with The Soviet Union was signed. This declaration included:

• No new contracts to buy Soviet natural gas
• Accelerate development of an alternate supply to Soviet gas for parts of Europe
• A plan to substantially raise interest rates on credit to the USSR
• The requirement of higher down payments and shorter maturities on Russian bonds.

This declaration made the USSR’s debt load much more burdensome, but what delivered the final blow to the USSR was the doubling of oil production from Saudi Arabia in 1986. This pushed oil prices down to roughly 10 dollars per barrel, thus vastly decreasing the USSR’s government revenue. This declaration combined with low oil prices, according to James Norman, author of the 2008 book, “The Oil Card,” is what led to the collapse of the USSR.

Today, the international financial system is much more sophisticated. Still, using financial sanctions with the intention of creating a de facto embargo on oil is a widespread practice today – just look at the cases of Iran and Russia.

Source: http://oilprice.com/Energy/Crude-Oil/The-Evolution-Of-The-Oil-Weapon.html

By John Manfreda of Oilprice.com

02/4/15

Terrorists and Our Idiot President

By: Alan Caruba
Warning Signs

You know something is terribly wrong when three former Secretaries of State, Henry Kissinger, George Schultz and Madeleine Albright tell a Senate Armed Services Committee that the President of the United States is an idiot with no idea how to conduct foreign affairs. Well, they didn’t say it in those words, but that was pretty much the message. That was January 29.

Two days earlier retired 4-Star General James Matthis, former head of U.S. Central Command, former Army Vice Chief of Staff and 4-Star General Jack Keane, and Navy Admiral William Fallon, also a former CentCom chief, had also testified before the Committee. They had a similar message as the diplomats. Obama and the other idiots in the White House are completely clueless regarding the threat of radical Islam in general and a potential nuclear Iran in particular.

This is, after all, a White House that is trying to call those intent on taking over the entire Middle East and, after that, the rest of the world anything other than “terrorists.” They have used terms such as “insurgents”, “activists” and “militants.” Here at home, they are still referring to the killings at Fort Hood as “workplace violence.” Don’t any of these idiots understand that the terrorists, whether they call themselves al Qaeda or the Islamic State, Hezbollah, Hamas or any other name all constitute the same threat?

That’s what the generals addressed. They told the Senate committee that absence of a White House strategy makes the ISIS, Iraq, Syria, Afghanistan wars “unwinnable.” I have been around since the end of World War II and that stretch of U.S. history is one in which we fought to a stalemate in Korea and a loss in Vietnam. After we won the conflicts in Afghanistan and Iraq, Obama pulled out and now they are lost too. There was a time when Americans and their leaders knew how to win wars.

Indeed, there was a time when Americans preferred to elect generals to be their President, starting with George Washington. Among those with that rank were Andrew Jackson, Zachary Taylor, Franklin Pierce, Andrew Johnson, Ulysses S. Grant, Ruther P. Hayes, James A. Garfield. Chester A. Arthur. Benjamin Harrison, and Dwight D. Eisenhower. All the others had also served in the military in some capacity…except Barack Hussein Obama.

Obama not only doesn’t have experience in the military, he doesn’t seem to like them much. He has done everything he can to reduce our military capacity to fight a war anywhere or to show any genuine respect for the troops on active duty. The only uniform he ever wore was as an Indonesian Boy Scout.

Retired Marine Gen. Jim Mattis told the Congress “America needs a refresh national security strategy. We need to come out from our reactive crouch and take a firm, strategic stance in defense of our values.” Apparently those values don’t matter to the White House or to those left-wingers who wet their pants over the popularity of “Sniper”, a film that pays tribute to our troops who fought the war in Iraq.

Under Obama’s term in office, radical Islam has increased four-fold in the past five years, ISIS ten times since 2012 and Iran has masterminded control of the capitols in Beirut, Lebanon, Damascus, Syria, Baghdad, Iraq, and now in Sanaa, Yemen. It has been the power behind Hezbollah in Lebanon and Hamas in Gaza.

Gen. Keane described Obama’s withdrawal from Iraq and Afghanistan as an “absolute strategic failure.” He called radical Islam “the major security challenge of our generation.”

Regarding Iran, Gen. Keane said, “In 1980, Iran declared the United States as a strategic enemy and its goal is to drive the United State out of the region, achieve regional hegemony, and destroy the state of Israel.”

“Is there any doubt that Iran is on the march and is systematically moving toward their regional hegemonic objective?” asked Gen. Keane. “Iran has been on a 20-year journey to acquire nuclear weapons, simply because they know it guarantees preservation of the regime and makes them, along with their partners, the dominant power in the region, thereby capable of expanding their control and influence. Add to this their ballistic missile delivery system and Iran is not only a threat to the region, but to Europe, as well.” The U.S. in time will be in missile range.

“We have no comprehensive strategy to stop it or defeat it,” said Gen. Keane.

Thanks to Barack Obama, the United States of America can no longer be seen as the world leader, opposing the forces that seek to impose control. Former allies, particularly in the Middle East, no longer have any confidence that we would come to their defense if they were attacked.

Thanks to Barack Obama, our enemies have been emboldened and our allies confused, but it is not that confusing. He is an idiot who lacks any grasp of history’s lessons and he is a coward who cannot be expected to seriously respond to our own and our allies’ enemies.