Tag Archives: ISIS

Is World War Three Fomenting In Syria?

My friend and colleague, Eric Dubin of The News Doctors, posted an article by William Engdahl which lays out a four-way conflict developing in Syria over the control of oil and oil transporatation assets. Certainly anyone with half a brain had to understand that United States’ interest in Syria had nothing to do with overthrowing Assad for the sake of democracy or with putting down ISIS.

We’re about to be plunged into a new oil war in the Middle East, this one with a possible nuclear dimension. Wars for control of oil have been instigated for more than a century since the dawn of the petroleum era around the time of the First World War. This war for control of oil, however, promises to be of a scale that will change world politics in a spectacular and highly destructive manner.

I’ve been reading Engdahl’s work since late 2001, which is when I was dragged into the “dark side” by a daytrading colleague. His analysis is a must-read because it sheds light on why the most powerful military countries in the world seem to be so interested in Syria. You can read the rest of the articl here: The News Doctors – William Engdahl.

Stick A Fork In The United States

The tragedy of our day is the climate of fear in which we live and fear breeds repression. Too often sinister threats to the Bill of Rights, to freedom of the mind, are concealed under the cloak of anti-Communism.  – Adlai Stevinson, Speech to the American Legion Convention, 1952

Today the climate of fear being fomented is concealed under the cloak of terrorism/ISIS. Severe repression is coming.  The policies and laws implemented since the inauguration of Bush 2 in 2000 have been slowly strangling the middle class, financially and legally.  The affects of the latter are about to become more apparent and more painful for everyone.

The American public has stood by passively in complete acceptance of the horrendous acts of brutality, savagery and wealth confiscation thrown at it since the passage of the Patriot Act.  We stood by and watched as our Government implemented an illegal attack into Iraq predicated on blatant lies, conducted unimaginable acts of torture on illegally detained prisoners of “war,” bombed weddings and funerals (Hillary Clinton:  “oops, my bad”) – the list seems endless.  The U.S. Government shamelessly throws propaganda in our face which turns the truth inside-out.  Everyone else is the bad guy.  The U.S. is exceptional and therefore entitled to trample over the rest of the world.

Perhaps the most egregious crimes have been right under our own noses, where the elitists have been openly wiping the last crumbs of middle class wealth off the table and into their own pockets.  You really think your retirement fund or pension money will be there when you retire?  That’s laughable.

I’m still trying to sort out and understand the exact reason why the Fed decided to push up the Fed funds rate from zero to not-much-more-than-zero.  What you might of missed is that the Fed raised the interest it is paying to the Too Big To Fail banks who have $2.4 trillion in cash given to them from QE that is earning interest in the Fed’s “Excess Reserve Account.”  The rate was raised from .25% to .50%, effectively doubling the amount of free cash flowing into the banks from their Excess Reserve largesse.   On the other side of this, consumer borrowing rates were immediately raised.

The only conclusion that can be reasonably drawn by the Fed’s move is that the noose described above – put in place quietly over and with no resistance over the last 15 years – is now being tightened.

This May Be Headed For World War Three

When everything else fails, start a war…

I’ve always said that the U.S. Government would start a World War when it was pushed to the brink of having to disclose that fact that it no longer has any gold and that the U.S. financial and economic system is nothing but one massive Ponzi scheme that rests on an unaccountably enormous maze of derivatives, debt and fraud.  We saw evidence of no gold in the cupboard when the Fed failed to deliver on Germany’s request for immediate repatriation of over 600 tonnes of gold.  That saga is still being written.

Following this line of thinking, it makes senses that the mainstream media is not questioning or spending resources on reporting the escalating military activities in Syria. Especially in light of the fact that the mainstream media has caught on to the fact that the U.S. Government is primary cause of the refugee problem in Europe.

I wasn’t shocked when the U.S. Government announced that it was ramping up its military efforts in Syria to “fight ISIS,” or whatever conjured up acronym is being used to label the world’s newest “boogieman.”

This is clearly a thinly disguised attempt to move into Syria and remove the Assad Government, which would enable the U.S. Government to achieve the dual purpose of moving forward with the pipeline that Big Oil wants to put through Syria and to consolidate U.S. military control around the Middle East.

And I was equally unimpressed when Russia announced that it would be moving military equipment and personnel into and around the Assad Government stronghold areas in order to help fortify the “effort” against ISIS.

We saw this movie playing in September 2013, when the Obama regime tried to toss out Assad and put its own puppet in power.  Russia drew a line in the sand from which Obama backed off.

This time around it looks a bit more serious.  Literally a few days after Russia announced its reinforced military presence in Syria, the U.S. exercised its control over the Greek Government by imploring it to block Russia from using Greek airspace.

Yesterday Bulgaria announced that it would deny Russia use of its airspace for military transport planes, which were ostensibly transporting humanitarian supplies to Syria.

This is a clear escalation in the military conflict that has been slowly heating up between Russia and the United States.  Perhaps the most troubling aspect of what is fomenting is not the finger-pointing propaganda between the U.S. and Russian Governments, but the fact that the media – especially in the U.S. – is spending very little resources on covering and reporting this brewing war.

The cover stories for the big wars throughout history have always been religious or political in nature.  But the root cause can always be traced to underlying economic causes.  We know the entire world is plunging into a deep recession.  With the global balance of economic power shifting from West to East – perhaps best symbolized by the massive flow of gold from West to East – my biggest fear is that the U.S. will act in desperation in order to cling to the global hegemonic power that is slipping from its grasp…this is how the big wars always start.  The only difference is that historically, the Empire in collapse did not possess weapons which could literally incinerate the earth…

mushroomcloud