Elaine Meinel Supkis
Oil shoots up right after Obama declares fealty first and foremost to Israel's Jews. Thanks, buddy. Now we have all wars, all the time running for President, Israel today announced they will definitely attack Iran! This is a very dangerous situation. Even if there is no attack, this talk has slammed into the US underbelly like a Nazi torpedo slamming into a Lend Lease ship. I wonder if Americans will ever put 2X2 together to see how wars=high oil prices. Even if the media which is extremely Zionist, refuses to mention this dire duality. But no one can escape the reality of wars=high oil prices! Unless you are walking all the time and don't use any oil or gas to heat or cool your house via electricity or fossil fuel systems. Time to buy solar energy panels!
The Dow Jones Industrial Average fell the most in 15 months, the dollar slid to a one-week low and Treasuries rallied after unemployment and fuel prices surged, heightening speculation the U.S. faces a protracted recession.
U.S. equities declined, led by a 395-point drop in the Dow, as crude jumped more than $10 a barrel. The Standard & Poor's 500 Index decreased 3.1, the steepest sell-off in three months, and Europe's Dow Jones Stoxx 600 slid 2 percent to the lowest since April 15.
The dollar lost 0.9 percent against a basket of six currencies including the euro, against which it weakened 1.1 percent to $1.5775, as investors pared bets the U.S. Federal Reserve will raise interest rates this year. Yields on 10-year U.S. Treasury securities and European government bonds declined as the price of fixed-rate investments climbed.
Well! After being warned to not drive up commodity prices, the politicians then rush over to AIPAC to join in a Seig Heilathon yell fest demanding WWIII. People sensibly hoard oil, food, gold and build up cave hiding holes whenever the political classes openly talk about starting major wars. Especially when talking about bombing the world's #2 oil reserves!
Iran is not Iraq. Iran is a democracy. Perhaps more so than the US. Here, we see in polls that only 9% of Americans support war with Iran! Yet all our politicians rush off to AIPAC to promise war with Iran! So, are we a democracy or are we in a vast conspiracy to deny us even the slightest say in our own national affairs? Both the ethnic cleansing Übermenschen Jews in Israel and the 'We are #1' American fanatics claim to be democracies even as both deny their own citizens or captive populations even the slightest say in how affairs are arranged. The dire poll clearly showing American citizens...INCLUDING MANY JEWS IN AMERICA...want the US to negotiate with Iran, not attack Iran....AIPAC and our 'leaders' talk only about crushing Iran, not negotiating at all.
Obama knows that he has zero chance of entering the White House if he doesn't obey the owners of the US media who are nearly all Zionists or if not, then Jewish Americans who dare not say a peep about Zionist right wing fascists controlling our entire foreign policies. But the average American, already reeling from the amazing war tax on energy, if it climbs another 50% this summer so gasoline is going for over $6 a gallon---even if the Jewish owners of most of our media remain silent about this as they jerk Obama around on a short leash, certainly Bob Barr, the Libertarian candidate, will be very loud about all this.
All my life, since I was Mrs. Levy, I begged the Jewish community here in America to not support this toxic form of Zionism. Silencing talk about cause and effect will only cause people, once even trusting people who believe in the media, if they figure out they are being misled and lied to by the media in order to allow Israel to attack our oil suppliers, the obvious connection between our last three huge oil spikes/economic collapses were ALL caused by various wars. Some of which were Muslim sect versus Muslim sect like the Iran/Iraq war, for example. Let's go back in time to last year where Obama tried to sweet talk with AIPAC and convince him he would negotiate in such a way, Israel's interests would be considered be mere American interest:
In what may have been a veiled reference to reports of American opposition to Israeli negotations with Syria, Obama said: "We should never seek to dictate what is best for the Israelis and their security interests. No Israeli prime minister should ever feel dragged to or blocked from the negotiating table by the United States."
The Illinois senator also called for continued American military assistance to Israel. "We must preserve our total commitment to our unique defense relationship with Israel by fully funding military assistance and continuing work on the Arrow and related missile defense programs," he said.
Obama added that he was concerned about the Palestinian unity government accord.
Turning to Iran, the presidential hopeful called for direct engagement with the Islamic republic over its nuclear program.
"We need the United States to lead tough-minded diplomacy," he said. "This includes direct engagement with Iran similar to the meetings we conducted with the Soviets at the height of the Cold War."
"Tough-minded diplomacy would include real leverage through stronger sanctions," Obama continued. "It would mean more determined U.S diplomacy at the United Nations. It would mean a cooperative strategy with Gulf States who supply Iran with much of the energy resources it needs. It would mean full implementation of U.S. sanctions laws."
Obama blamed what he called the Administration's failed strategy in Iraq for strengthening the Iranian position, placing "Israel and other nations friendly to the United States in greater peril."
Both Hillary and McCain were not so mamby pamby as to suggest any negotiations at all, just threats of annihilation. So Obama struggled hard to gain an advantage against Hillary. Even after she suggested that 'hard working white voters' could not vote for him and the media did not shame her from the race when it became racist, she could then talk about the possibility of assassination hitting Obama as well as openly lie about vote counting, her promises, and nearly anything she wished. If Obama struck back the media howled at him for attacking that fine white woman, Miz Hillary.
Despite all this, he barely won. I will note that he lost most of the races after Hillary talked about obliterating Iran. Suddenly, he was the bad guy and she was the innocent Southern Belle. When he did finally win, many top Democrats still refused to endorse him until he crawled to AIPAC and begged them for support. 'Sing, Bomb, bomb, bomb Iran,' they ordered. He hopped up and down and pumped his arms and waved his Kali Skull Necklace. Hillary then said she would support him. 'You are now one of us: a bloody war criminal,' she crowed. Bush wiped his forehead. 'Now I can sleep in peace and not worry about being arrested,' he gloated.
Palestinian and Arab hopes were dashed by a speech that U.S. Democratic presidential candidate Senator Barack Obama gave to a pro-Israeli lobby, in which he promised his full support to Israel and went further by adopting Israeli policy that sees Jerusalem as the "undivided capital" of the Jewish state.
After having discreetly vouched for Obama since the party race to the White House began last year, his speech – just hours after he won his party's backing on Wednesday – has prompted second thoughts about what changes the African-American could bring to Washington's Middle East foreign policy.
Hamas spokesman Sami Abu Zuhri said his group, "does not differentiate between the two presidential candidates, Obama and McCain, because their policies regarding the Arab-Israeli conflict are the same and are hostile to us…. Obama's comments have confirmed there will be no change in the U.S. administration's policy."
Arab commentators also blasted what they called Obama's "appeasement" speech, saying while the Jewish votes and the pro-Israeli lobby's strength were important in U.S. elections, his remarks on the Middle East conflict were not very different from U.S. President George W. Bush's policies, and risks harming U.S. relations with dozens of Muslim countries.
"This cheap way of throwing himself at the feet of this lobby harms American interests … and encourages violence and terrorism by giving justification to extremist groups, such as al-Qaida," said Al-Quds al-Arabi's editorial Thursday, which added that foreign policy was for the first time an important element in U.S. elections.
"Obama is gambling with his image and the widespread hopes that many had placed on him to change the face of America, its relations with the world, and getting out of its economic crises stemming from its failed and immoral wars in Iraq and Afghanistan," the pan-Arab independent Palestinian-owned daily wrote.
Also this week the Democrats, hyped to the hilt by their love fest with the Real Rulers in Jerusalem, all began to demand more boycotts, more restrictions and more crushing isolation for Iran. This means no one should buy their OIL. And on top of this, right after Bush went on a weasel crawl to the Saudi Royals for oil, the AIPAC creatures in Congress voted nearly unanimously to cut weapons sales to Saudi Arabia. Who will now go to China and Russia for these things. Five days ago, the King of SA offered to boost oil pumping by 300,000 barrels. Guess what?
He ain't gonna do it. Nor should he. If we insist on slapping him in the face every time he tries to help us out of our own foolish pits, he will eventually start dumping dirt on top of us instead. We think today's oil hike was big?
HAR. Wait until he turns the taps off even more firmly. $200 a barrel oil is not in the far future.
An Israeli attack on Iranian nuclear sites looks "unavoidable" given the apparent failure of sanctions to deny Tehran technology with bomb-making potential, one of Prime Minister Ehud Olmert's deputies said on Friday."If Iran continues with its programme for developing nuclear weapons, we will attack it. The sanctions are ineffective," Transport Minister Shaul Mofaz told the mass-circulation Yedioth Ahronoth newspaper.
"Attacking Iran, in order to stop its nuclear plans, will be unavoidable," said the former army chief who has also been defence minister.
It was the most explicit threat yet against Iran from a member of Olmert's government, which, like the Bush administration, has preferred to hint at force as a last resort should U.N. Security Council sanctions be deemed a dead end.
And here it is today! Israel is definitely going to attack Iran. The negotiations over the secret treaty with the puppet government of Bagdad is probably all about getting some method for allowing Israeli jets to fly over Iraq to attack Iran. The US will definitely escort the Israelis or turn off the radars when Israel begins to fly. The problem here is, what if the Chinese, smoldering in fury over the Tibet coup attempt, might let Iran know what THEIR own satellites pick up. Then there is Russia: we parked missiles in Poland facing the Kremlin. Russia warned us to not do this. Russia has excellent satellites as well as a gigantic nuclear arsenal. Hell, so does China.
WWIII can happen in a flash. This is why the US should avoid setting up things that will cause this. This means kicking AIPAC out of DC.
Below are a bunch of charts showing that up until the war talk against Iran, there were NO OIL SHORTAGES.
The United States in 2002 was responsible for 2% of world crude oil reserves, 9% of petroleum production, and 25% of petroleum consumption. The Organization for Petroleum Exporting Countries (OPEC) nations have 80% of the world crude oil reserves and 41% of world petroleum production.
Americans saw their net worth decline by $1.7 trillion in the first quarter, as declines in home values and the stock market ravaged their holdings.
The net worth of U.S. households fell 3% to $56 trillion at the end of March, according to the Federal Reserve's flow of funds report, which was released Thursday.
The drop marks the second straight decline in net worth, which fell by more than $500 billion in the fourth quarter of 2007. Until then, net worth had risen steadily since 2003, climbing nearly 31% over those five years. During the bear market of 2000 through 2002, household's net worth dropped 6.2%
During the last 50 years, economists have strained an entire swamp's gnat population through their teeth trying to convince each other and us that oil wars have nothing to do with our several banking collapses/loss of wealth/gross inflation cycles. This was pure hogwash. This round shows clearly how oil prices and wars both precede the raging inflation and the collapse of equity values! The coming price hikes associated with the talk about war with Iran should wipe out all doubt, the connection between war talk and oil prices is absolute and terrifyingly swift.