US Guarantees Israel’s Oil Supply At ANY Cost

02 Diplomacy, 03 Economy, 08 Wild Cards, 10 Security, Corruption, Government

Did You Know That By Law The US Guarantees Israel’s Oil Supply – No Matter What?

…even if it causes US a DOMESTIC SHORTAGE???

I didn’t.

Money Trends Research, 12 January 2012

Under a 1975 Memorandum of Understanding (MOU) the USA guaranteed all Israel’s oil needs in the event of a crisis. This Memorandum of Understanding is quietly renewed every five years. It commits U.S. taxpayers to maintain a strategic U.S. reserve for Israel, equivalent to $3 billion in 2002 dollars. Special legislation was enacted to exempt Israel from restrictions on oil exports from the USA. Moreover, the U.S. government agreed to divert oil from the USA, even if this causes domestic shortages. The U.S. government also guaranteed delivery of oil in U.S. tankers if commercial shippers become unable or unwilling to carry oil from the USA to Israel.

I wonder which israel-first bastard signed this memorandum . . .

Read full article.

Bert Laden – The Story Continues

07 Other Atrocities, 08 Wild Cards, Corruption, Cultural Intelligence, Director of National Intelligence et al (IC), DoD, Government, IO Deeds of War, Military, Officers Call
Bert Laden

Another SEAL Book, Another Version, Colonel Mustard With A Mallot in the Music Room?

Gordon Duff, Senior Editor

Veterans Today, 12 January 2012

The Murdoch papers are carrying a new version of the bin Laden saga.  This one contains much of the fiction of the last 25, leaving out much as well.  Nothing is new, just a set of lies with some reason for them to be retold.  We know what that reason is, nobody takes a word of it seriously anymore, not the first stories, not the sea burial, not the execution of the world’s most valuable intelligence asset.

Read full article.

Continue reading “Bert Laden – The Story Continues”

Penguin: Drums of War on Iran

04 Inter-State Conflict, 05 Iran, 07 Other Atrocities, 08 Wild Cards, 10 Security, Corruption, Government, Officers Call, Peace Intelligence
Who, Me?

And with the rise of oil prices by early Spring “caused by Iranian threats”, the Casus Belli will have been laid.

THE ROVING EYE
The US-Iran economic war
By Pepe Escobar

NEW YORK – Here's a crash course on how to further wreck the global economy.

A key amendment to the National Defense Authorization Act signed by United States President Barack Obama on the last day of 2011 – when no one was paying attention – imposes sanctions on any countries or companies that buy Iranian oil and pay for it through Iran's central bank. Starting this summer, anybody who does it is prevented from doing business with the US.

This amendment – for all practical purposes a declaration of economic war – was brought to you by the American Israel Public Affairs Committee (AIPAC), on direct orders of the Israeli government under Prime Minister Benjamin “Bibi” Netanyahu.

Read full article.

See Also:

Israeli and US troops gear up for major missile defense drill after Iran maneuvers

Mini-Me: Occupy 9/11 Emergent – War by Deception 2011 – The shadow government and shadow economy

03 Economy, 04 Inter-State Conflict, 05 Civil War, 06 Genocide, 07 Other Atrocities, 08 Wild Cards, 10 Security, 11 Society, Corruption, Government, InfoOps (IO), IO Deeds of War, Military, Movies, Officers Call, Power Behind-the-Scenes/Special Interests, Videos/Movies/Documentaries
Who? Mini-Me?

Occupy 9/11 is emergent. This film, loaded on 1 February 2011, is now going viral. At 2:28:42, this is one of the best documentaries on the topic, and it is free online.

YouTube War by Deception 2011

Phi Beta Iota:  This is an extraordinary contribution.  It is highly recommended for students as well as adult learning clubs; it provides the best “overview” in one place.

See Also:

9-11 Truth Books & DVDs (33)

NIGHTWATCH: Financial Crisis Now a Crisis of Fundamentals

03 Economy, 07 Other Atrocities, 10 Transnational Crime, 11 Society, Budgets & Funding, Civil Society, Collective Intelligence, Commerce, Commercial Intelligence, Corporations, Corruption, Cultural Intelligence, General Accountability Office, Government, Key Players, Law Enforcement, Misinformation & Propaganda, Money, Banks & Concentrated Wealth, Office of Management and Budget, Power Behind-the-Scenes/Special Interests, Secrecy & Politics of Secrecy

Europe:  Updates. In an interview with a French daily on 25 December, International Monetary Fund (IMF) Managing Director Christine Lagarde stressed that Europe's financial crisis is turning into “a crisis of confidence in public debt and the solidity of the financial system.

Greece: According to an IMF source involved in discussions with Greece, the situation in Athens is “deteriorating” and “a further 10-15 billion euros ($13.1-19.6 billion) still needs to be found.” Banks may be asked to agree to write off 65 % instead of 50% of Greece's debt.

France: The French National Institute for Statistics and Economic Studies (INSEE) said on 26 December that there were 29,000 new job seekers “without any occupation” in November, up 1.1% over October. The year-on-year increase reached 5.2%. In total, 2,844,800 people did not have any occupation, the highest such figure since November 1999.

An economist at the French Observatory of Economic Conditions speculated that France's unemployment rate — which currently stands at 9.3% — will reach 10.7% by the end of 2012, and predicted that Paris will not succeed in bringing the deficit down to 3% of GDP by 2013.

Spain: At a news conference on 26 December, Spanish Economy Minister Luis De Guindos said that the Spanish economy had suffered a “relapse” and would record negative growth in the fourth quarter of 2011. De Guindos warned that “the next two months are not going to be easy, neither from a growth nor a jobs point of view.”

Comment: According to the Financial Times and multiple economists the fate of the euro depends on what happens in Italy. This week Italy intends to auction bonds worth Euros 20 billion. The market reaction to the auction will be an important indicator of whether the central bankers have found a way to stabilize the financial crisis, or have just made it worse.

All analysts of European economics predict a recession in 2012. They differ only about how severe it will be. In an integrated global economy, the ripple effects from Europe will drag the US and the Chinese economies, among all others.

Phi Beta Iota:  Christine Lagarde, perhaps because she is a woman with a smaller ego and larger intuition than most men, appears to be the first Epoch A leader to “get” that we are all calling into question the very existence of the Western financial system that is rooted in fraud, waste, and abuse.  When she begins to point to Iceland as an example, and to demand that Western countries arrest and try Goldman Sachs, Morgan, Citi-Bank, Bank of America, and other officials for high crimes against the public, the healing can begin.  Until then, the West is avoiding the fundamentals.

NIGHTWATCH KGS Home

See Also:

Mini-Me: Iceland Breaks the Back of Western Banking

Chuck Spinney: Financial Coups Destroying Europe

Michel Bauwens: Human Evolution – Who Are We Becoming?

Mini-Me: European-US Banking–Tangled Web — Tell Me Again, Why Shouldn’t We Default and Let the Banks Fry? + Financial Terrorism RECAP

Chuck Spinney: Clintonizing Perpetual War

05 Iran, 10 Security, 11 Society, Corruption, Cultural Intelligence, Government, IO Deeds of War
Chuck Spinney

Clintonizing Perpetual War

 26 December 2011
In the winter of 2002, a close friend, a liberal staffer on capital hill, asked  me if I thought the crazy fulminations of the neocons and the tough-guy rantings of an insecure President [1] could result in a war with Iraq?   My answer was something like ‘read the Barbara Tuchman’s The Guns of August and you will get a good idea of how these pressures can take on a life of their own and create a self-fulfilling prophecy.'
President Obama — perhaps inadvertently — is playing the same game with regard to Iran by trying to neutralize his political opposition at home with a dangerous mutation of Bill Clinton's cynical triangulation strategy.  In this case, the goal of the triangulation strategy is to pull the rug out from under the Republican warmongers like Mitt Romney and Newt Gingrich.  If he can co-opt the domestic political pressures for war against Iran, Mr. Obama may well think he can better position himself for the upcoming presidential election.  But in so doing, he would be running a real risk of starting yet another ill-conceived war, whether he wants to or not. (Patrick Seale explains one way the march to war could spin out of Obama's control at this link.)  To make matters worse, Mr. Obama is a man who has demonstrated that he talks a good line but fails to deliver on his promises when under pressure — just ask the Arabs about his Cairo speech or progressives who believed his promises about health care reform and “change your can believe in.” Whether or not triangulating questions of war and peace is a question of Obama's free will is quite beside the point:  a malleable man is playing with the most dangerous kind of fire.
My last post, Beating the War Drums in Versailles on the Potomac, described the buildup of domestic political pressures to launch an attack on Iran in the name of prempting Iran's acquisition of nuclear weapons, notwithstanding the fact that there is no solid intelligence proving the Iranians have embarked on a program to acquire those weapons.  This aim of this post is to alert interested readers to another analysis in the same vein, but analyzed from a different angle.  In The Winners and Losers of US policy on Iran, an op-ed that appeared in Al Jazeera (English) on 23 December,  Jasmine Ramsey provides a useful insight in to the warmongering pressures on a president prone to appeasing his opposition for domestic political reasons.
The new year is shaping up to be a very dangerous one, because appeasing an external aggressor, like Adolf Hitler, is not the only kind of appeasement strategy that leads to war.
———–
[1] Any president who feels it is necessary to brag about being “The Decider” is insecure by self-definition.
Chuck Spinney

The same week Obama declared an end to the Iraq War, Congress brought the US closer to confrontation with Iran

Jasmine Ramsey, Al Jazeera, 23 Dec 2011

In the same week that President Obama declared an end to the Iraq War, Congress brought Americans closer to confrontation with Iran. The whimper with which America's presence in Iraq ended was also drowned out by Republican presidential hopefuls beating war drums. This is America nearly four years into Obama's leadership. The President may have begun his term by trying to pursue a different path with Iran, but his acquiescence to domestic lobbying has made the results of his policies indistinguishable from his predecessor. Ironically, his attempts to appease pro-Israel advocates have only invited more onerous demands while leaving would-be supporters disillusioned.

Read full article.

Marcus Aurelius: Last Word on Iraq – in Pictures

04 Inter-State Conflict, 05 Civil War, 07 Other Atrocities, 08 Wild Cards, Budgets & Funding, Corruption, Government, Military, Money, Banks & Concentrated Wealth, Power Behind-the-Scenes/Special Interests
Marcus Aurelius

The last word — as with Viet-Nam, we did not lose the battles…

See Also:  Iraq (48 Reviews)

And Especially:

Review: We Meant Well – How I Helped Lose the Battle for the Hearts and Minds of the Iraqi People

Review: Grand Theft Pentagon–Tales of Corruption and Profiteering in the War on Terror

Review: The Occupation of Iraq: Winning the War, Losing the Peace

Review: Losing the Golden Hour–An Insider’s View of Iraq’s Reconstruction

Worth a Look: Book Reviews on War Complex—War as a Racket

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