Posts Tagged oil

Hillary Clinton, Queen of Hearts

By Michael Collins

(Washington, DC 7/11/12)  Hillary Clinton has a very serious problem. She thinks that she runs the world and that those who disobey her must be punished, China and Russia in particular. Our chief diplomat behaves like a drunken bully, makes rash demands, and spoils for a fight with countries that can do some serious damage. (Image: Sascha W)

Over what? Regime change in Syria. Clinton is the tip of the spear for the project to control the Arab Spring movement. Her efforts have little to do with democracy. It is about controlling the agenda in the oil rich Middle East and the effort to prop up the decadent Saudis royals and other oil rich leaders hiding behind a nebulous organization called the Gulf Cooperation Council.

In a statement to the Friends of Syria group on Friday, July 6, Clinton insisted that others observe the “norm of international law and human decency.” Read the rest of this entry »

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Fleecing Greece

William Engdahl punished an excellent analysis of the Greek debt crisis, oil and gas reserves emerging near the battered nation, and the leverage that the US and EU used to buy Greek government owned energy companies on the cheap, just before they strike it rich.  The United States government is u to the hips in this.  Hillary Clinton’s ambassador for Eurasian energy, Richard Morningstar, is all for the privatization deal and husband Bill has even schmoozed for Noble Energy for Mediterranean oil deals (in Israel).

Call me cynical (or realistic) but it sounds like a Money Party mega swindle:  Goldman sells Greece paper it knows will tank; the crisis emerges; normal IMF garbage, er, doctrine is offered – privatize. Clinton and the Germans weigh in and Greece puts up its gas company for nothing when it’s looking at at a $300 bil take for oil and gas revenues over time from the government owned companies.

There’s just one problem if this or a variation of this scenario is true.  Everything involving Greece has been fraudulent.  The risk factor for the firms acquiring Greek government assets is an unraveling of the plot.  But, hey, who cares.  It’s quarterly bonus time and if someone challenges them, they’ll just bring those making the charges some democracy Libyan style. Read the rest of this entry »

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To All Those Leaders Who Must Advertise Their Power

By Numerian

It is one thing for the West to see the backside of Mohammar Qaddafi, but quite another to have the Saudi monarchy overthrown.

Driving in from the airport to the center of Tripoli, as you pass Pepsi-Cola Road and approach the old city, you see one billboard after another featuring Mohammar Qaddafi. He has different guises, depending on whether he wishes to be Col. Qaddafi in military uniform, or tribal Qaddafi in flowing robes, or religious Qaddafi in the turban and cloak of an imam. Overlooking the central square is Qaddafi the modernizer of Libya, sporting brownish-yellow sunglasses that might have been stylish in 1969 when Qaddafi first came to power in a military coup, but today give him the appearance of trying too hard to be young. (Image)

I wondered why there were no pictures of Qaddafi in a hard hat standing next to an oil rig. It is, after all, the miles and miles of oil derricks and refineries situated south of Tripoli, and at the edge of the great expanse of Saharan desert comprising most of the country, that give Libya its wealth and Qaddafi his importance on the world stage. Libya is a founding member of OPEC, and it was Qaddafi’s alliance with the Shah of Iran that spurred OPEC in 1979 to increase oil prices four fold. What the Shah wanted out of such an arrangement was wealth; what Qaddafi wanted was the attention of the West to the plight of the great mass of dispossessed Arabs – the Palestinians. How ironic, therefore, that both leaders have met their end by ignoring a whole group of other dispossessed Arabs: the poor, the hungry, the homeless, the unemployed, and the powerless millions who toiled daily under the billboard visages of their “leader”.
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