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To: CharlesOConnell

Wage economic warfare. I’m surprised the Saudi’s concern over fracking in this country went unnoticed by most. I guess this country is filled with many that couldn’t even buy a clue.

Middle Eastern countries need a given level of income to avoid destabilization. Many have been funding terrorism as a way of siccing their over supply of maladjusted males on the great Satan and accomplices.

Kill OPEC. The easiest way is simply allow the free export of LNG. The oil that is produced as a by product will ensure that the world price of oil will have the legs kicked out form under it. We used to take 25% of the world’s oil. That is dropping. We need to go to zero imports unless it is due to the cost of transportation. You can’t leave that much oil on the market without affecting inventories and the price.

The sand ******** can pound sand and oil. Take away the excess money and they won’t be able to fund terrorism as easily as they have in the past. Now that ISIS is out in the open we need to pound them into oblivion. Granted that won’t happen with our own Grand Mufti as president. At least we should send as many as possible to the afterlife.


14 posted on 08/21/2014 9:25:50 AM PDT by meatloaf
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To: meatloaf
The oil that is produced as a by product will ensure that the world price of oil will have the legs kicked out form under it. We used to take 25% of the world’s oil. That is dropping. We need to go to zero imports unless it is due to the cost of transportation. You can’t leave that much oil on the market without affecting inventories and the price.

Considering how expensive the drilling technology is to extract resources like the Bakken dropping the bottom out of the oil market would cut our own throat.

The concept ignores the emerging oil markets in India, China, and elsewhere--the developing world. The slack would be taken up by other buyers, or there would not be any, eventually.

The only way to hurt them with oil is to deprive them of the revenue from it. Oil infrastructure is far from hardened, even there. Soft targets, every well, every pipeline, every production facility. But it will spill and burn and make a mess (recall the Iraqi retreat from Kuwait).

16 posted on 08/21/2014 9:33:04 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: meatloaf

Middle Eastern countries need to be entirely deprived of outside income. That income is what funds Jihad, no matter how it is derived.The Moslems who sell the oil and to whom we give great amounts of free money are MOSLEMS. ALL money above what is necessary to maintain a tiny, maybe .5%, in opulence goes to Jihad. It is and was always thus. That is the core of Mohammedan belief. Jihad is not extremism within Islam. Jihad IS basic to Islam. It’s in the Book. In previous eras Jihad was financed by piracy and conquest. Since WWII it has been finance willingly by Western Welfare and oil money. Islamic societies cannot produce any surplus for Jihad or anything else because of the nature of the system. All the resources for the endless war against everyone else comes from outside, from us.


24 posted on 08/21/2014 11:47:21 AM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINE http://steshaw.org/economics-in-one-lesson/)
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