Archive
Leaked cables reveal anger at regime may make Libya the next Arab domino to fall
THE violence and corruption of members of Colonel Muammar Gaddafi’s family have made Libya a gangster state with a worse record of governance than Egypt or Tunisia, according to leaked US diplomatic cables.
The documents reveal previously undisclosed details of how family greed, rivalry and extremism have complicated British and US efforts to normalize relations with Libya since it decided to abandon nuclear weapons and renounce terrorism. Gaddafi’s children plunder the country’s oil revenues, run a kleptocracy and operate a reign of terror that has created simmering hatred and resentment among the people, according to the cables released by WikiLeaks.
In the light of the upheavals in the Arab world, the diplomatic traffic also shows that far from being stable, Libya could be another corrupt authoritarian domino poised to fall.
One intriguing sequence of cables tells how Switzerland faced down threats after Swiss police arrested Hannibal Gaddafi, a younger son, and his wife for allegedly abusing two of their domestic staff.
Swiss police officers drew their guns and fought to disarm two Read more…
Even Donald Trump Is Warning That An Economic Collapse Is Coming
In a shocking new interview, Donald Trump has gone farther than he ever has before in discussing a potential economic collapse in America. Using phrases such as “you’re going to pay $25 for a loaf of bread pretty soon” and “we could end up being another Egypt”, Trump explained to Newsmax that he is incredibly concerned about the direction our economy is headed. Whatever you may think of Donald Trump on a personal level, it is undeniable that he has been extremely successful in business. As one of the most prominent businessmen in America, he is absolutely horrified about what is happening to this nation. In fact, he is so disturbed about the direction that this country is heading that he is seriously considering running for president in 2012. But whether he decides to run in 2012 or not, what Trump is now saying about the U.S. economy should be a huge wake up call for all of us.
Trump says that the U.S. government is broke, that all of our jobs are being shipped overseas, that other nations are heavily taking advantage of us and that the value of the U.S. dollar is being destroyed. The following interview with Trump was originally posted on Newsmax and it is really worth watching….
Now, you may or may not think much of Donald Trump as a politician, but when a businessman of his caliber starts using apocalyptic language to describe where the U.S. economy is headed perhaps we should all pay attention.
The following are 12 key quotes that were pulled out of Trump’s new interview along with some facts and statistics that show that what Trump is saying is really happening. Read more…
“War Without Borders”: Washington Intensifies Push Into Central Asia
By Rick Rozoff
A recent editorial on the website of Voice of America reflected on last year being one in which the United States solidified relations with the five former Soviet republics in Central Asia: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.
One or more of the five nations border Afghanistan, Russia, China and Iran and several more than one of the latter. Kazakhstan, for example, adjoins China and Russia.
The U.S. and Britain, with the support of the North Atlantic Treaty Organization, invaded Afghanistan and fanned out into Kyrgyzstan, Tajikistan and Uzbekistan in October of 2001, less than four months after Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan founded the Shanghai Cooperation Organization (SCO) to foster expanding economic, security, transportation and energy cooperation and integration in and through Central Asia. In 2005 India, Iran and Pakistan joined the SCO as observers and Afghan President Hamid Karzai has attended its last five annual heads of state summits. [1]
Now the U.S. and the NATO have over 150,000 troops planted directly south of three Central Asian nations.
Kazakhstan and Turkmenistan are also on the Caspian Sea, a reservoir of oil and natural gas whose dimensions have only been accurately determined in the past twenty years and where American companies are active in hydrocarbon projects.
After the U.S. invasion of Afghanistan, the Pentagon and its NATO allies deployed military forces to, in addition to Soviet-constructed air bases in Afghanistan, bases in Kyrgyzstan, Tajikistan and Uzbekistan. The first two countries Read more…
Three of Next Five Winters Could be as Cold or Colder
This winter is on track to become the coldest for the nation as a whole since the 1980s or possibly even the late 1970s. According to AccuWeather.com Chief Long Range Forecaster Joe Bastardi, three or four out of the next five winters could be just as cold, if not colder.
He is worried that next winter, for example, will be colder than this one.
Bastardi adds that with the U.S. in the middle of one of its worst recessions in its history and the price of oil in question, he is extremely concerned about the prospect for more persistent cold weather in the coming years putting increased financial hardship on Americans.
“Cold is a lot worse than warm,” Bastardi said, “and that’s why your energy bill goes up during the winter time: because of the fact that it takes a lot to heat a house.” Read more…
Oil Prices: Egypt’s Crisis Could Hurt Europe First
Some crude oil prices brushed $100 a barrel Monday as fears escalated that the violence in Egypt would spread to other parts of the oil-producing Middle East. But so far, no reports have surfaced that the disturbances in Egypt have disrupted oil deliveries.
Brent crude oil surged to $99.97 a barrel on London’s ICE futures exchange, up about 5% since the beginning of last week, when violence spread from Tunisia to Egypt. In U.S. trading, West Texas Intermediate shot up 1.7% on Monday, but was still about $10 a barrel cheaper than Brent crude, its European counterpart.
Julius Walker, a senior analyst at the International Energy Agency in Paris, says the organization has received no reports that oil shipments were being delayed, but the website of the agency that runs the Suez Canal has been shut down by the ban on Internet use in Egypt, so a precise reading isn’t available.
“Nothing has been affected. It’s just the worry of it,” Walker says.
A Chokepoint for Europe-Bound Oil
Egypt is a small oil producer, and its output is almost exactly equal to Read more…
“Very disturbing findings” in chemical tests of Gulf residents -Bleeding from ears
OIL, OIL and MORE OIL! AMERICA HAS MORE THAN ANY OTHER NATION!
OIL—you better be sitting down when you read this ! !
Here’s an astonishing read. Important and verifiable information :
About 6 months ago, the writer was watching a news program on oil and one of the Forbes Bros. was the guest. The host said to Forbes, “I am going to ask you a direct question and I would like a direct answer; how much oil does the U.S. have in the ground?” Forbes did not miss a beat, he said, “more than all the Middle East put together.” Please read below.
The U. S. Geological Service issued a report in April 2008 that only scientists and oil men knew was coming, but man was it big. It was a revised report (hadn’t been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota , western South Dakota, and extreme eastern Montana ….. check THIS out:
The Bakken is the largest domestic oil discovery since Alaska ’s Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable… at $107 a barrel, we’re looking at a resource base worth more than $5…3 trillion. Read more…
12 Economic Collapse Scenarios That We Could Potentially See In 2011
What could cause an economic collapse in 2011? Well, unfortunately there are quite a few “nightmare scenarios” that could plunge the entire globe into another massive financial crisis. The United States, Japan and most of the nations in Europe are absolutely drowning in debt. The Federal Reserve continues to play reckless games with the U.S. dollar. The price of oil is skyrocketing and the global price of food just hit a new record high. Food riots are already breaking out all over the world. Meanwhile, the rampant fraud and corruption going on in world financial markets is starting to be exposed and the whole house of cards could come crashing down at any time. Most Americans have no idea that a horrific economic collapse could happen at literally any time. There is no way that all of this debt and all of this financial corruption is sustainable. At some point we are going to reach a moment of “total system failure”.
So will it be soon? Let’s hope not. Let’s certainly hope that it does not happen in 2011. Many of us need more time to prepare. Most of our families and friends need more time to prepare. Once this thing implodes there isn’t going to be an opportunity to have a “do over”. We simply will not be able to put the toothpaste back into the tube again.
So we had all better be getting prepared for hard times. The following are 12 economic collapse scenarios that we could potentially see in 2011….
#1 U.S. debt could become a massive crisis at any moment. China is saying all of the right things at the moment, but many analysts are openly worried about what could happen if China suddenly decides to start dumping all of the U.S. debt that they have accumulated. Right now about the only thing keeping U.S. government finances going is the ability to borrow gigantic amounts of money at extremely low interest rates. If anything upsets that paradigm, it could potentially have enormous consequences for the entire world financial Read more…


The wave of unrest in the Middle East that began with the Jasmine Revolution is now having repercussions around the globe.
![[Most Recent Quotes from www.kitco.com]](https://i0.wp.com/www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)

You must be logged in to post a comment.