noworldsystem.com


Dixon Outlines New World Order

Dixon Outlines New World Order

http://youtube.com/watch?v=cl-3R_VPK78

Op-Ed Says We Need New World Order
http://newsblaze.com/story/20080721053325reye.nb/topstory.html

No matter who’s elected in 2008, New World Order persists
http://noworldsystem.com/2008/07..cted-in-2008-new-world-order-persists/

 



Energy expert: Gas could reach $15 per gallon

Experts Push “Peak Oil” Scam to Predict $15 a Gallon Gas Prices

Infowars
May 26, 2008

Editor’s Note: The following video is a prime example of hysterical “Peak Oil” scaremongering. In fact, there is no shortage of oil — the reserves are increasing, not decreasing. Consider the following examples: In 2006, Chevron announced a huge oil discovery in the the Lower Tertiary zone of the Gulf of Mexico, described as “one of the nation’s biggest oil discoveries in decades,” and Brazil discovered giant new offshore oil fields in 2005 (expected to produce 773 million barrels of oil by 2025). Add to this BP’s discovery of new oil fields near the Shetland Islands, recent discoveries in the Timor Sea, Yemen, Tunisia, Libya, offshore Trinidad, in Pakistan, Angola, in the Ordovician Red River Strata of southeastern Saskatchewan, and elsewhere. Earlier this month, the Kurds of northern Iraq announced a major oil find, estimated at about 2 billion barrels. In the last 20 years, known reserves have doubled. Currently there are somewhere in the neighborhood of 680 billion barrels of Middle East reserve oil alone.

Add to this an “intriguing theory now permeating oil company research staffs suggests that crude oil may actually be a natural inorganic product, not a stepchild of unfathomable time and organic degradation. The theory suggests there may be huge, yet-to-be-discovered reserves of oil at depths that dwarf current world estimates,” writes Chris Bennett (see Lindsey Williams interview below). “Deeply entrenched in our culture is the belief that at some point in the relatively near future we will see the last working pump on the last functioning oil well screech and rattle, and that will be that. The end of the Age of Oil. And unless we find another source of cheap energy, the world will rapidly become a much darker and dangerous place.” It is a meticulously nurtured myth.

Peak Oil takes a page from publicly available CFR and Club of Rome strategy manuals that say global government needs to control the world population through neo-feudalism by creating artificial scarcity that will result in massive social unrest, widespread famine, and endless war. $15 a gallon gas will most certainly help this agenda along.

http://www.youtube.com/watch?v=U7IJEEIBwrE

http://www.youtube.com/watch?v=80XMKbnHuEs

From David Edwards and Raw Story, May 24:

Robert Hirsch, senior advisor for Science Applications International Corporation, sat down with MSNBC’s Alex Witt to discuss the possibility of an upcoming oil crisis. Hirsch says that gas could reach $15/gallon within a few years because it is “essentially certain” the world has reached the maximum levels of oil production.

“The problem is that there’s not that much oil left in the ground,” Hirsch says. “What we’ve done is been very fortunate to have oil production increase as our economies have developed over the past decades. And now we’re reaching a point where we’re about to get, or we may be, at the maximum world oil production. After that, oil production will then decline and prices, of course, will continue to do what they’ve been doing recently. So what we’ve got today may be the ‘good old days.’”

Hirsch addressed the timeframe in which the US could see $15/gallon gas: “It could happen within a matter of months. It could happen within a matter of a few years. But it’s essentially certain that we are at the maximum of world oil production. And after that, we’ll go into decline, and when there’s much less oil available, then, of course, the price of oil is going to increase dramatically.”

Fuels, heating oil, and consumer products that rely on petroleum will all be impacted by the decline in world oil production. Hirsch estimates the world GDP declining at the same rate as oil production.

Watch The Video Here

 

Oil Expert: By Summer, Oil To Hit $200 Per Barrel
This is reality, energy is in the hands of profiteers and has lost touch with the real expenses. There is no logic here, says Davor Stern.

Javno
May 23, 2008

Oil prices have once again crashed through the ceiling with a record price of 135 dollars per barrel because of the concerning fall in American reserves of crude oil with 5.32 million barrels. The fact is that this is only a continuation of the crisis; food is getting more and more expensive, petrol and diesel are rising in price every other week in Croatia (as well as in many countries around the world), and there is no end in sight to the price hikes.

This is reality, energy is in the hands of profiteers and has lost touch with the real expenses. There is no logic here – Davor Stern told us in a telephone conversation. Davor is the former director of Croatia’s largest oil company INA, as well as an oil expert.

Record earnings by oil companies

He added that oil companies earn a lot. Igor Dekanic from the faculty of mining, geology and oil, said that European oil companies are breaking the borders of profitability.

– The largest companies like IBP, Shell, Exxon, the French Total and the Italian Enia have the largest profits in history. That is a general trend with privatized companies in the world – says professor Dekanic.

Stern stresses that the market itself has some sort of logic, however, the current situation is in a state of psychosis.

– By summer we can expect oil prices of 200 dollars per barrel, and that is not the opinion of the trade, but my own prediction. It is impossible to give any projections of the prices, but one thing is certain, the sky is the limit – says Stern.

Read Full Article Here

Recent News:

OPEC Producers say $200 oil is possible
http://www.guardian.co.uk/busi..y/23/oil.commodities1

Gold Hits Over $930, Oil $135, Euro $1.57
http://www.reuters.com/article..er=2&virtualBrandChannel=10005
OPEC: Oil market is going ’crazy’
http://www.presstv.ir/detail.aspx?id=56937&sectionid=3510213

Buffett blames banks for credit crisis
http://www.reuters.com/article/ousiv/idUSL2561340920080525

It’s Not An Oil Crisis It’s A Dollar Crisis
http://www.321gold.com/editorials/schiff/schiff052308.html

Alaska Drilling Would Only Save 75 Cents Per Barrel
http://www.mcclatchydc.com/251/story/38223.html

Buffett Sees Deep U.S. Recession
http://news.yahoo.com/s/nm/200805..oENIM35QA3Eqb.HQA

Food prices high for foreseeable future, says UN
http://www.guardian.co.uk/world/2008/may/23/unitednations.food

George Soros: rocketing oil price is a bubble
http://www.telegraph.co.uk/money/ma..2008/05/26/cnsoros126.xml

Global Warming Bill Could Spike Gas $1.50 to $5 a Gallon
http://www.businessandmedia…/20080515172437.aspx

Economist Challenges Government Data
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/05/25/BU6K10JTEF.DTL

Gas Prices Could Top $5 A Gallon In Bad Economy
http://cbs2chicago.com/consumer/gas.prices.oil.2.719683.html

Gas Could Go To $10
http://www2.nysun.com/article/75363

Euro, Franc, Krona to Benefit From Oil Price, Barclays Says
Economy Slows To A Crawl
Government Green Lights Gulf Dollar Abandonment
Federal Reserve May Want Inflation
Fed Cuts Key Interest Rate By A Quarter Point

U.S. Economic Collapse News Archive

 



Tax Rebates Urged To Rescue Economy

Tax Rebates Urged To Rescue Economy
Do they really think spending your rebate check on a flat-screen is going to help the economy?

AP
January 17, 2008

Fbiiraqisbein_mn

United for urgent action, the White House and Congress raced toward emergency steps Thursday to rescue the national economy from a possible recession, including tax rebates of at least $300 a person — and maybe as much as $800. Federal Reserve Chairman Ben Bernanke endorsed the idea of putting money into the hands of those who would spend it quickly and boost the flagging economy.

All the talk of rescue efforts failed to soothe Wall Street. The Dow Jones industrials plunged 306.95 points, underscoring deepening concern about the country’s economic health.

The sudden scramble to take action came as fears mounted that a severe housing slump and a painful credit crisis could cause people to clamp down on their spending and businesses to put a lid on hiring, throwing the country into its first recession since 2001.

President Bush told congressional leaders privately he favors income tax rebates for people and tax breaks for businesses, officials said. Bush spoke with congressional leaders as House aides worked behind the scenes on an emergency package that could also include more money for food stamp recipients and the unemployed.

Aides to lawmakers involved in the talks said the White House is pressing for tax rebates of $800 for individuals and $1,600 for married couples. Lawmakers were likely to settle on a $500 rebate for individuals, said an aide involved in the talks, with details for couples and people with children still being negotiated.

Read Full Article Here

 

U.S. economy teeters on the brink

Globe & Mail
January 19 2008

In a bid to save the world’s largest economy from recession, U.S. President George W. Bush and central bank chief Ben Bernanke yesterday endorsed a $100-billion stimulus package as the spreading housing mess continued to hammer banks, consumers and investors.

The rare plug for fiscal action comes as a growing number of economists say the United States is either in recession or perilously close to it. “The United States has now effectively entered into a serious and painful recession,” said economist Nouriel Roubini of New York University.

Prof. Roubini said all of the keys to economic health are headed in the wrong direction, including the housing market, credit availability, the job market and business spending. Add to that a run-up in oil and gas prices, and the consumer is likely to take it on the chin in 2008, he said.

Read Full Article Here

 

7-Year Plan Aligns Europe With U.S. Economy

World Net Daily
January 16, 2008

Six U.S. senators and 49 House members are advisers for a group working toward a Transatlantic Common Market between the U.S. and the European Union by 2015.

The Transatlantic Policy Network – a non-governmental organization headquartered in Washington and Brussels – is advised by the bi-partisan congressional TPN policy group, chaired by Sen. Robert Bennett, R-Utah.

The plan – currently being implemented by the Bush administration with the formation of the Transatlantic Economic Council in April 2007 – appears to be following a plan written in 1939 by a world-government advocate who sought to create a Transatlantic Union as an international governing body.

An economist from the World Bank has argued in print that the formation of the Transatlantic Common Market is designed to follow the blueprint of Jean Monnet, a key intellectual architect of the European Union, recognizing that economic integration must inevitably lead to political integration.

Read Full Article Here

Related News:


Recession looming in US housing-boom states
http://www.ft.com/cms/s/0/e3…0779fd2ac.html

Gold bounces off one-week low
http://www.reuters.com/article/hotStocksNews/idUSL1871969620080118

World not running out of oil, say experts
http://business.timesonline.co..ural_resources/article3207311.ece

Bush To Spend Even More, as a ‘Stimulus’
http://www.lewrockwell.com/blog/lewrw/archives/018712.html

Biggest drop in new homebuilding in 27 years
http://www.msnbc.msn.com/id/22705772/

Somber Fed Says Economy Has Lost Punch
http://news.yahoo.com/s/ap/20080116/a,,.ti_6asoUkVv24cA

Biggest drop in US housing starts since 1980
http://www.ft.com/cms/s/0/582..11a-0000779fd2ac.html

Sinking Sterling Is Catching Dollar’s Disease
http://www.bloomberg.com/apps/new.._ZI7aTk7VBw

Euro Future For UK?
http://www.channel4.com/news/article..for%2Bbritain/1353047

Stocks punished; Dow off more than 1,000 in ’08
http://www.usatoday.com/money/markets/2008-01-17-stocks-thurs_N.htm

Japanese Stocks Plunge On Open
http://ap.google.com/article/ALeqM5g1..ig50wD8U7VSE80

Dollar Dips On Bernanke Testimony
http://www.reuters.com/article/hotStocksNews/idUST32987020080117

Bush Wants $140B Stimulus Package
Greenspan Joins Firm That Bet Against US Housing Market
Bank of America to cut 650 jobs, sell a brokerage
Banks Losses Exceed Assets
Goldman Sachs Hints at $1000 Gold and $135 Oil
Shares in freefall a Dollar tumbles to 2-1/2 year low vs. yens recession hits
Shares in freefall as recession hits
ECB warns crashing dollar may stop Fed cuts
Top economist blames Fed for sub-prime crisis
Inflation Up by Largest Amount in 17 Years
Citigroup May Write Down Up To $24 Billion, Lay Off 20,000 Workers
Wall Street braces for more losses
Shadow spreads across the US economy
Transit Panel Urges Gas Tax Increase
Bankers Throw In Towel On Northern Rock
“U.S. Economy Screwed”: Henry Blodget
Largest Saudi Bank Urges Dollar Depeg
Crisis may make 1929 look a ‘walk in the park’
Wholesale Prices Up 6.7% In 2007
Breaking phase ahead for the global financial system in 2008
Traders betting oil will hit $200 a barrel in 2008
Gold Futures Rise to Record $900.10
Weaker dollar likely to push gold over $1,000-mark

 



Global Warming Engineered By Chemtrails?

Global Warming Engineered By Chemtrails?

Josh Reeves

Rogue Government

January, 8, 2008


New revelations have revealed startling new evidence concerning the use of a toxic greenhouse gas being sprayed in the atmosphere to modify the weather and create global warming.

Independent studies as well as Department of Energy and Department of Homeland Security websites have stated that SF6 Sulfur Hexafluoride emitted by the electric power industry, paint industry, automobile industry, and is a bi-product of the aluminum industry is now among six greenhouse gases specifically targeted by the international community, through the Kyoto protocol, for emission reductions to control global warming.

But according to several government websites, aerosol spraying campaigns that have been admittedly conducted over such places as Salt Lake City, Utah in 2001 and Oklahoma City, Oklahoma in 2003 and 2007 have used SF6 in various operations.

The initial consideration of government operations spraying a compound that is about 23,900 times more destructive, pound for pound, than carbon dioxide over the course of 100 years, would indicate a clear and direct intention to create global warming for the benefit of the oil and energy industry, to enable them to create artificial bottlenecks on oil and usher in a global carbon tax to ensure they maintain the empire for years to come.

According to www.narsto.org some of the agencies involved in these operations include,

Coordinating Research Council Instituto Nacional de Ecologia Environment Canada NASA
National Institute of Standards National Oceanic and Atmospheric Administration
National Oceanic and Atmospheric Administration National Renewable
Energy Laboratory
National Science Foundation Ontario Ministry of the Environment
US Department of Agriculture US Department of Energy
US Department of Interior US Department of Transportation
US EPA/Office of Air & Radiation US EPA/Office of R & D
Instituto Nacional de Ecologia

As well as energy companies,

California Energy Commission Commonwealth of Pennsylvania
Lake Michigan Air Directors Consortium Lousiana Department of Environmental Quality
Maryland Department of the Environment Mass. Dept. of Environ. Protection
Mid-Atlantic Regional Air Mgmt. Association New Jersey Dept. of Envir. Prot.
New York Dept. of Environmental Conservation New York State Energy R&D Authority
Northeast States for Coordinated Air Use Management South Coast Air Quality Management District
Tennessee Valley Authority Texas Natural Resource Cons. Comm.
California Air Resources Board

And private industry,

American Petroleum Institute Dunn-Edwards Corporation
E.I. Dupont de Nemours & Company Eastman Kodak
EPRI Ford Motor Company
General Motors Instituto Mexicano del Petroleo
Penreco PPL Corporation
Public Service Enterprise Group Southern Company
Xcel

So the question that begs to be answered is why are the energy and private industries as well as NASA and the national science foundation who all share a common bond in the fact that they all produce high levels of the greenhouse gas SF6 Sulfur Hexafluoride are funding and being on board with groups like NARSTO who are spraying this gas into the atmosphere creating the phenomenon of “Chemtrails”.

One can only come to the conclusion that the chemtrail operations using SF6 are being conducted in order to keep the myth of man-made global warming afloat in order to allow the energy companies, oil industry, and corporations to not only have a use for their waste SF6 but to also charge exorbitant prices for the products under the guise of environmental safety and the impending doom of the global warming myth.

Readers are encouraged to research SF6, chemtrails, as well as the industries that produce this compound.

http://www.asp.bnl.gov

http://www.narsto.org

http://www.narsto.org/members.src?Type=1

http://ju2003.pnl.gov/default.htm

Related News:

Snow day in the sands of Baghdad?
http://news.yahoo.com/s/ap/200..mi_ea/iraq_first_snow_in_memory

Global Cooling? Saudi Arabia covered with snow in coldest winter for 20 years
http://en.rian.ru/world/20080111/96210251.html

Newscast’s Chemtrail Investigation Reveals Dangerous Aerosolized Compounds
http://www.jonesreport.com/article/01_08/080108_chemtrails.html

Global Warming Planned in 1961
http://www.youtube.com/watch?v=SvcuylMrkXk

NASA Scientist Predicts CO2 Bottom Line for the Plane
Russian Scientists Talk About Global Cooling
Global Cooling?
SNOW in FLORIDA – must be GLOBAL WARMING right?
Bush Signs Lightbulb Ban for Global Warming
French Scientist: Al Gore A Crook

Global Warming Hoax News Archive

 



Relative of Merrill Lynch Founder Predicts Stock Market Crash


Relative of Merrill Lynch Founder Predicts Stock Market Crash


Kerri Panchuk
DSNews
October 30, 2007

In a market where fears over the subprime shakedown are spreading pessimism nationwide, Charles Merrill, the cousin of the man who founded Merrill Lynch & Co., is predicting a stock market crash that will put the 1929 crash to shame.

Merrill, in an exclusive interview with a financial author, said, “There is going to be a major stock market crash, so protect your assets. Buy physical gold and hide it.”

Merrill also discussed all the changes at Merrill Lynch that indicate a potential market crises—even alluding to the company’s chief executive officer, who stepped down this week.

“Merrill Lynch is crashing, due to the ineptness of the CEO,” Merrill said. “No matter who is running Merrill Lynch & Co., it’s going to need a regimen of restraint and recuperation after getting badly bruised by the global credit market shakedown. I predict a house of dominos, and the whole stock market is going to crash.”

Lynch’s less-than-encouraging remarks were part of an interview with writer Michael Grace, who is writing a book called, “The Final Great Depression.”

During the interview, Merrill concluded, “There is so much wealth in Palm Springs … from inherited to funny money, and I’m advising my friends to buy gold. Grace’s book on the ‘final depression’ sounds like a novel or fantasy but unfortunately it is a picture of our horrible future here in America. My cousin Charlie must be turning over in his grave.”

 

Oil Crisis in Summer ’09: War in Iran. Gasoline rationing. A military draft. A Chinese takeover of Taiwan. Double-digit inflation and unemployment

Herald Tribune
November 2, 2007

WASHINGTON: War in Iran. Gasoline rationing. A military draft. A Chinese takeover of Taiwan. Double-digit inflation and unemployment. The draining of the strategic petroleum reserve.

This is where current energy policy is going in the United States, according to a nightmare scenario played out as a policy-making exercise on Thursday by a group of former top government officials.

Two bipartisan business-supported groups sponsored an elaborately staged role-playing game called Oil ShockWave that tried to dramatize the effect of American dependence on oil imported from unstable and unfriendly parts of the world.

The organizers have an agenda: They hope to prompt Congress to act on energy legislation and to push the issue into the presidential campaign.

Read Full Article Here

 

CDS traders warn of ‘blood on streets’

BBC
October 27, 2007

The mood in credit derivatives markets turned ugly on Thursday, with the cost of insuring corporate debt hitting multi-week highs on both sides of the Atlantic.

Speculation was rife that leading major investment banks were facing additional losses linked to complex mortgage-backed securities, while worries mounted over the health of major financial guarantors.

“It’s scary out there — there’s blood on the streets,” a trader at a US brokerage said. “It’s a real mess.”

In the US, the perceived risk of owning corporate debt jumped to a seven-week high, with the cost to insure a $10m portfolio of investment-grade debt reaching $67,000, data from Phoenix Partners Group showed.

Confidence in Citigroup and Merrill Lynch, as measured by their credit default swaps, slumped to lows not seen since the height of the credit squeeze in August.

Five-year credit default swaps tied to Citigroup widened to 60 basis points, meaning it cost $60,000 annually to insure Citigroup’s debt against default for five years. A couple of weeks ago, that figure stood at $27,000.

Contracts on Merrill Lynch, which last week posted the largest quarterly loss in its 93-year history, rose $18,000 to $103,000. CDS on UBS rose 10bp to 51bp, Deutsche Bank said. The contracts stood at about 6bp in May. Contracts on Credit Suisse rose 4bp to 52bp from 10bp in June.

Bond insurers, or monolines, were also hit hard.

“[These triple-A rated companies are] exposed to the crumbling housing market,” said Gavan Nolan, an analyst at derivatives data provider Markit. “Investors in monolines will be waiting for the coming months of housing data with trepidation,” Mr Nolan said.

CDS on MBIA Insurance rocketed to a four-year high, of 345bp, CMA Datavision said.

Last week the insurer posted $36.6m net loss and halted its share buy-back programme.

Contracts on the bond insurance unit of Ambac Financial climbed to a five-year high of 310bp.

Gimme Credit, an independent research term, downgraded both MBIA and Ambac this week.

In Europe, the iTraxx Crossover index of 50 mostly high-yield companies widened by 18 bp to 338bp, the biggest rise since August, according to Deutsche Bank data.

The iTraxx Europe index, which tracks 125 investment-grade companies, rose 3.75bp to 41bp. It was the biggest one-day jump since early September.

Related News:

Central banks flooded the world with cheap money for years, helping the rich get richer. Now inflation is on the horizon, threatening to make the poor even poorer.
http://www.spiegel.de/international/world/0,1518,514621,00.html

The Fed digs us a deeper hole
http://articles.moneycentral….ronicles/TheFedDigsUsADeeperHole.aspx

Forex – Dollar sinks to new record low against euro as market shrugs off US data
http://money.cnn.com/news/newsfeeds/…-0013-20693144.htm

Latest Exec Departure: Citigroup CEO Charles Prince To Resign Following Subprime Crisis
http://today.reuters.com/news/article.IGR..TING-UPDATE-5.XML

Loonie Sets Record High Against USD
http://canadianpress.google.co…OzvF2ivVPJMdsww

Global stocks hit by fresh subprime woes
http://afp.google.com/article/A…JTBsGtUrkq7mDPhMxg

Foreclosures almost doubled from ’06: report
http://www.reuters.com/article/businessNews/idUSN0162601520071101

Everybody Hates The Dollar
http://www.reuters.com/article/reut…2260520071102?sp=true

World’s biggest bank in crisis meeting
Goldseek: Lindsay Williams on Economy Collapse and Amero
The Truth About The Economy: Total Collapse
Oil Traders Increase Bets on $125 Crude as Options Trades Jump
Northern Rock Borrows More Money
Is The Dollar’s Fall Spiraling Out Of Control?
Fed Pumps $41B Into US Financial System

U.S. Economic Collapse News Archive

 



Steep decline in oil production brings risk of war and unrest

Steep decline in oil production brings risk of war and unrest, says new study
Output peaked in 2006 and will fall 7% a year, Decline in gas, coal and uranium also predicted.

Ashley Seager
The Guardian
October 22, 2007

World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.

The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 – much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 (£44) a barrel.

“The world soon will not be able to produce all the oil it needs as demand is rising while supply is falling. This is a huge problem for the world economy,” said Hans-Josef Fell, EWG’s founder and the German MP behind the country’s successful support system for renewable energy.

The report’s author, Joerg Schindler, said its most alarming finding was the steep decline in oil production after its peak, which he says is now behind us.

The results are in contrast to projections from the International Energy Agency, which says there is little reason to worry about oil supplies at the moment.

However, the EWG study relies more on actual oil production data which, it says, are more reliable than estimates of reserves still in the ground. The group says official industry estimates put global reserves at about 1.255 gigabarrels – equivalent to 42 years’ supply at current consumption rates. But it thinks the figure is only about two thirds of that.

Global oil production is currently about 81m barrels a day – EWG expects that to fall to 39m by 2030. It also predicts significant falls in gas, coal and uranium production as those energy sources are used up.

Britain’s oil production peaked in 1999 and has already dropped by half to about 1.6 million barrels a day.

The report presents a bleak view of the future unless a radically different approach is adopted. It quotes the British energy economist David Fleming as saying: “Anticipated supply shortages could lead easily to disturbing scenes of mass unrest as witnessed in Burma this month. For government, industry and the wider public, just muddling through is not an option any more as this situation could spin out of control and turn into a complete meltdown of society.”

Mr Schindler comes to a similar conclusion. “The world is at the beginning of a structural change of its economic system. This change will be triggered by declining fossil fuel supplies and will influence almost all aspects of our daily life.”

Jeremy Leggett, one of Britain’s leading environmentalists and the author of Half Gone, a book about “peak oil” – defined as the moment when maximum production is reached, said that both the UK government and the energy industry were in “institutionalised denial” and that action should have been taken sooner.

“When I was an adviser to government, I proposed that we set up a taskforce to look at how fast the UK could mobilise alternative energy technologies in extremis, come the peak,” he said. “Other industry advisers supported that. But the government prefers to sleep on without even doing a contingency study. For those of us who know that premature peak oil is a clear and present danger, it is impossible to understand such complacency.”

Mr Fell said that the world had to move quickly towards the massive deployment of renewable energy and to a dramatic increase in energy efficiency, both as a way to combat climate change and to ensure that the lights stayed on. “If we did all this we may not have an energy crisis.”

He accused the British government of hypocrisy. “Tony Blair and Gordon Brown have talked a lot about climate change but have not brought in proper policies to drive up the use of renewables,” he said. “This is why they are left talking about nuclear and carbon capture and storage. “

Yesterday, a spokesman for the Department of Business and Enterprise said: “Over the next few years global oil production and refining capacity is expected to increase faster than demand. The world’s oil resources are sufficient to sustain economic growth for the foreseeable future. The challenge will be to bring these resources to market in a way that ensures sustainable, timely, reliable and affordable supplies of energy.”

The German policy, which guarantees above-market payments to producers of renewable power, is being adopted in many countries – but not Britain, where renewables generate about 4% of the country’s electricity and 2% of its overall energy needs.

$200 Dollar a Barrel Oil Is Bilderberg Plan To Destroy Middle Class
http://www.prisonplanet.com/articles/september2007/170907_middle_class.htm

The Myth Of Peak Oil
http://www.prisonplanet.com/archives/peak_oil/index.htm

 



Greenspan Working To Destroy US Economy

Greenspan Working To Destroy US Economy
Puppets of the elite posing as saviors once again

Steve Watson & Alex Jones
Infowars.net Editorial
September 18, 2007

Over the past few days Alan Greenspan has appeared in every major financial publication to explain exactly what is going to happen to the economy and what the next steps should be, while also deriding the Neocon administration for the current downturn. For this he has been lauded as some form of economic savior, yet a cursory examination of the facts reveals that the economic decline has long been in the pipeline and Greenspan and his ilk operate under the influence of those who continue to engineer the slow meltdown.

Alan Greenspan and Paul Volker, both former Federal Reserve Chairmen, along with current chairman Edward Bernanke, the Treasury Secretary Henry Paulson and Alistair Darling, Exchequer of the Treasury in England have been out in unison since last Friday announcing over and over that the economy is going to implode, there is going to be serious inflation, housing is going to go down between ten and thirty percent, and the Dollar is going to be replaced with the Euro.

With the effects of the credit crunch hitting more and more lower level lenders, it is clear to see that the fallout is spreading and propagating a general decline. We are seeing the unfolding of an overall meltdown that represents a gutting of the United States by neo-mercantilist institutions bent on the formation of a new global monopoly.

We are witnessing the unfolding of a crash exactly as predicted by Former World Bank Vice President, Chief Economist and Nobel Prize winner Joseph Stiglitz this time last year.

Stiglitz agreed that the process of hijacking and looting key infrastructure on the part of the IMF and World Bank, as an offshoot of predatory globalization, has now moved from the third world to Europe, the United States and Canada.

Stiglitz warned that the signs were there with plummeting real estate prices in the U.S., stating that a global economic depression could only be avoided if a correction was made.

But no correction will be made because the World Bank/IMF/Globalist doctrine betrays a focused agenda to deliberately foment economic turmoil, riots, and then enforced bondage to eternal debt. We have witnessed this time and time again, their own documents even confirm this as the chosen method of social control.

The shareholders of Federal Reserve, part of the same group of elite families that owns the bank of England, created the IMF and World bank to siphon government funds. Then they effectively steal the real assets of the third world countries that take their loans in some cases at 42% interest. These global loan sharks secure the water, power and roads which are then handed over to private, piratical, letter of mark companies.

The heads of such companies, together with the central banks come together within elite institutions such as the Bilderberg group to pull together their policies and discuss how to proceed.

Bilderberg have sworn to bring about what Jose Barroso, President of the European Commission and a Bilderberg member, refers to as the “post-industrial revolution,” which in layman’s terms translates as a global economic crash, another great depression and the total evisceration of the middle class. They are intent on achieving this by ensuring oil prices soar via a combination of conflict in the middle east and encouraging fears over peak oil.

At the 2005 Bilderberg meeting sources inside the group told reporters Daniel Estulin and Jim Tucker, who have built up a credible reputation for accurately forecasting future events based on leaks from Bilderberg conferences, that the elite wanted to consolidate by bringing down the standard of living in the US and Europe, fearing that the middle class is out of control and has been granted too much credit which must be offset by a phase of consolidation.

We now see figures like Alan Greenspan re-iterating the exact same mantra, that there has been too much “irrational exuberance”.

Greenspan is now being lauded for doing the job of publicly destroying confidence in the dollar, publicly trying to destroy confidence in the banks, and publicly trying to destroy the economy, enabling a consolidation during a recession as set out exactly in globalist blueprints.

500 billion globally has been pumped in not to save the markets, but to ensure a slow, gradual, non-panic inducing decline.

It is disgusting to see the very people, the elite central bankers that the founding fathers of the U.S. fought against, the very veracious criminals that took over the economy and bankrupted the country, present themselves as salvation.

It was the banks that issued the credit, the banks that overprinted the money and the banks that sent credit cards to 17 year old high school graduates. When the elite start positioning themselves, blaming the fallout of their own actions on scapegoats and posing as our guardians, alarm bells should be ringing.

Two and a half years ago they tried to pop the real estate bubble, a year and a half ago they tried again, and this year they have succeeded. While allowing credit to continue, the central banks had the larger institutions stop buying paper securities, now that has caused a major restriction in the issuance of credit. They are not the saviors, they are the perpetrators.

The crisis is an engineered one on behalf of a global elite who have long pushed for increased regionalization, a single currency and a market they can monopolize more effectively.

Listen to Alex Jones’ impassioned rant on this topic here.

 

Alan Greenspan Defends Himself

http://www.youtube.com/watch?v=m6b4qX_qm40

Greenspan predicts falling house prices, rising inflation
http://money.guardian.co.uk/news_/story/0,,2171622,00.html

Greenspan says euro could replace U.S. dollar as reserve currency of choice
http://www.iht.com/articles/ap/2007/09/17/bus….nspan-Euro.php

Greenspan Says China Will Determine World Economic Fate in 2030
http://www.bloomberg.com/ap….Yjy4Lw8&refer=home

Alan Greenspan warns of UK house prices drop
http://www.telegraph.co.uk/money/main.jhtml;jses…./09/17/cngrspan117.xml

Greenspan alert on US house prices
http://www.ft.com/cms/s/0/31207860-647f-11dc-90ea-0000779fd2ac.html

Alan Greenspan claims Iraq war was really for oil
http://www.timesonline.co.uk/tol/news/world/article2461214.ece