The Saudis are not our friends.
America is being targeted by economic terrorism by many nations. If you can't see that, you are not paying attention.
The Saudis are not our friends.
America is being targeted by economic terrorism by many nations. If you can't see that, you are not paying attention.
Unfortunately, it is by our own Congress.
Too bad we didn’t open Anwar ten years ago, but Libs blocked it then and they’re still blocking it.
And anyone who believes that the feed was "accidentally" left open for 40 minutes...well, I've got a bridge in Brooklyn for sale.
Prince Al-Faisal was heard saying: "My feeling is that the mere mention that the Opec countries are studying the issue of the dollar is itself going to have an impact that endangers the interests of the countries. "There will be journalists who will seize on this point and we don't want the dollar to collapse instead of doing something good for Opec."
And to think we are in bed with these SOBs. A perfect example of the double speak standard so common in caliphate countries.
The first presidential candidate that has the guts to speak the truth to the American people, challenge to 'no-drill' crowd, and really explain how we can get out of the Middle East will garner my vote. WE are so bound up in bed with our enemies that we are totally vulnerable to their whims. Reading stuff like this makes me hate driving my car, buying anything made of plastic, and the thought of how much crude we need to maintain our lifestyle...a lifestyle that has imprisoned us and hands us over to our enemies.
Will, can the American people grasp the threat of Islamic Imperialism? It will take us years to get out of the ME and yet it is too late to see it fully collapse; by the withdrawal of our trade dollars in oil.
And yet the oil is not, is not, the reason. The oil is but the deadly tool of the caliphate. The oil is the tool of Islamic oppression. The liberals and socialist see it as a way of gaining power, but their power will be short-lived.
Nobody likes a loser that's why there is an accelerating stampede to hard assets and foreign exchange.
It will be over when you see long rates explode to the upside.
Like compared to Iran and Venezuela? Sounds like they are pitching for a complete Putin/Russia oil cartel.
It is our own government’s policies that is bringing down the dollar. Those policies are:
1. Running huge government budget deficits.
2. Running huge trade deficits.
3. Allowing the Federal Reserve to increase the money supply at double digit rate for years.
Usman then went on to explain how his father had passed away and that he had millions hidden in secret bank accounts. And for a percentage he'd tell everyone where the money was.
“America is being targeted by economic terrorism by many nations.”
As well as currency speculators such as George Soros, who has made millions betting against the dollar. He is determined to bring the USA down, and that’s why he supports liberal Democrats.
“The Saudis are not our friends.”
Au contrere mon frere..GW is grinding the dollar down so that the AMERO will be easier to swallow. When drowning you will grab any rope, and he will stand at the podium and tell us it is for our own good.
Absolutely, and most notably Iran’s mental case Amadjihadi and dictator Chavez. Of course Soros tries his best to manipulate the markets as well. He should be added to Bushes “axis of evil” as well, seize all his assets and booted out of the country for his attempts of espionage.
If we are importing 10 million barrels of oil a day at $100, then that is about 3.65 billion barrels of oil a year and about $365 billion per year in our trade imbalance.
What are we going to do? Ship F-22's and F-35's to Saudi Arabia in trade for the $365 billion? Certain technologies we only have a slight edge over Western Europe.
The US has to admit it is a gasoline hog, and start trimming down...
Something like an SMR transition to a Hydrogen-based fuel system is a way the United States could control its own destiny -- using Natural Gas to produce both Hydrogen and heat at the same time.
Such a process would allow for either electrical generation and/or desalination with the heat of the process (for areas that might experience water shortages) and then generate Hydrogen for fuel cell vehicles.
It would mean building more natural gas pipelines and add ones from Alaska to the lower 48, as well pipelines from Mexico/Canada.
And why the HELL are California and Florida so special that they prefer people to starve and lose businesses rather than allow drilling off their coasts?
Send the Environmental Wackos to Saudi Arabia, and let them break Islamic law, and we will be done with them...
A student of history once said, “Economic warfare is always a prelude a shooting type of warfare.” History proves this student to be correct.
This is certainly true.
But the problems with our currency are of our own making. Our government can't just keep printing the word "dollar" on little pieces of paper forever and hope that no one will notice.
ML/NJ
This is all Greenspan’s fault, his disgraceful cheap dollar policies caused the housing boom and the inevitable housing depression that will soon be on us. The dollar needs to strengthen or we’re up the creek without a paddle.
With the credit collapse, no one really wants to hold dollars that much anymore. Inflation is going to really speed up soon, and the world knows it.
This isn’t economic terrorism, we did this to ourselves.
If anything, the U.S. government itself is the primary culprit in this "economic terrorism" -- through its massive inflation of the U.S. dollar as a means to pay off the abject idiocy that passes for fiscal policy in the U.S.