Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: roguedolphin who wrote (112375)	6/14/2010 7:58:09 PM
From: roguedolphin	3 Recommendations Respond to of 116555

The Fletcher Prouty Commentary - June Greasing the Palms of the Oil Barons (...not sure of the exact year of this commentary(??) but Colonel Fletcher Prouty died in June of 2001) L. Fletcher Prouty prouty.org In the first place what is oil? Is it 85% carbon, 13% hydrogen and 0.5% oxygen with traces of sulfur and nitrogen. Most geochemists ( in the pay of oil companies) believe that the oil originates from the decomposition of organic matter. They would have us believe that because organic matter - that is, formerly living organisms - is quantifiably a very limited source, the supply of oil itself must be limited. It is not. Oil is often called a "fossil" fuel; the idea being that it comes from formerly living organisms. This may have been plausible back when oil wells were drilled into the fossil layers of the earth's crust; but today, great quantities of oil are found in deeper wells that are found below the level of any fossils. How could then could oil have come from fossils, or decomposed former living matter, if it exists in rock formations far below layers of fossils - the evidence of formerly living organisms? It must not come from living matter at all! Furthermore, if all the plants, insects and animals that ever lived were all squeezed into a massive ooze, there is no way they could have amounted to the volume of oil that has been found to date. They just would not make that much juice. On top of this, oil geochemists will admit, if pressed, that if all the oil wells ever drilled by their so - called scientific methods of divining had been drilled totally at random, they would have found as much oil with random drilling as by " educated " drilling. In other words, there is a lot of oil down there.....most everywhere. Just drill for it - and if you don't strike it, drill a little deeper. There can only be one answer to the misinformation we have about oil. The oil men have always wanted a monopoly control, and with it, they want to charge as much money as they can for every gallon of gasoline. With this, they gross hundreds of billions of dollars per - year. They want us to believe that our present rate of oil consumption, we have possibly 20 to 30 years before we run out. They make this sound credible with their " decomposed organic matter" fable. By bursting this bubble and pulling the plug on this scenario, we discover that petroleum is a natural organic product that is rising, in enormous quantities , from deep within the earth; with deeper drilling, as wildcatters are already doing, there will adequate oil for a long, long time, even at the present rate of consumption. From 1956 to 1971, the number of giant oil fields more than doubled as drills go deep into the Paleozoic strata and below. Today, there is a glut on the market, and those who control oil are doing all they can to limit production in order to keep the prices very high. To do this, they get a lot of government help. Shortly before William J. Casey became the head of the CIA, he made a speech before the American Bar Association during which he advocated " international agreements to establish commodity reserves and maintain prices". This is the kind of policy oil men like. At the same conference, Hans Heymann, one of Casey's deputies at the CIA, talked about the "enormous oil inventory building that we've had", and that " we (CIA) developed a system of institutions and codes of conduct that make it far easier for those who influence the international marketplace to exercise that influence". It is " those who influence the marketplace" who are the oil barons, and they are taking us for hundreds of billions of dollars every year - with the aid of almost all Western governments. L. Fletcher Prouty prouty.org

To: roguedolphin who wrote (112375)	6/14/2010 11:39:18 PM
From: Proud Deplorable	3 Recommendations Read Replies (1) \| Respond to of 116555

Gulf Coast Evacuation Scenario Summer/Fall 2010 SCMLA June 13, 2010 Editor’s note: There is no definitive evidence the government plans mass evacuation at this point. In fact, the government refuses to admit gases in the Gulf exist or pose a health issue. All of this may change as the problem worsens. SoCal Martial Law Alerts (SCMLA) has been in existence for a year and a half and this is our first MARTIAL LAW ALERT. We have withheld putting out information on the Gulf oil spill for a variety of reasons, but there is now enough evidence for us to put together a fairly clear picture of what really happened, what may result and to warn people who live in the area. THE SITUATION: Due to toxic gases from the fractured oil well in the Gulf of Mexico, the possible off-gassing of the highly-toxic Corexit 9500 (the chemical dispersant used by BP in the oil spill clean-up), acid rain and various as-yet-unknown forms of environmental damage, we believe that the government will have no choice but to relocate millions of people away from the Gulf Coast. Those living in Florida are presently at the highest risk, but the danger also appears likely to spread to all Gulf Coast states east of Louisiana and possibly even to the entire Eastern half of the United States once hurricane season begins. Greg Evensen, a retired Kansas Highway Patrolman, estimates that 30-40 million people would need to be evacuated away from the Gulf’s coastline (i.e. at least 200 miles inland). In order to accomplish this gargantuan feat, the federal government (through FEMA and other agencies) would most likely seek first to control and manage the transportation system and then operate relocation centers to manage evacuees. Toward this end, the Federal Aviation Administration (FAA) has already declared the airspace over the oil spill site to be a no-fly zone until further notice. Various sources have indicated that local police, highway patrol, National Guard, US military and foreign troops may be involved in an operation to evacuate the Gulf Coast. In fact, the Governor of Louisiana has already requested evacuation assistance (i.e. National Guard) for his state from the Department of Defense (DoD) and the Department of Homeland Security (DHS). Those living inland may also be at risk, since the movement of vast numbers of evacuees would cause a significant strain on local resources. In other words, inlanders should not expect life to continue “as normal,” since, under a martial law scenario, the government would have the power and the motivation to seize everyday necessities, such as: food, water, fuel, housing, etc. Some have also suggested that if a hurricane were to occur over the oil spill area itself, lightning might possibly ignite volatile organic compounds, not to mention the acid rain clouds that could form and be carried inland (i.e. acid rain could pollute the water table, destroy crops, kill wildlife and pose significant health risks to humans in the southern and eastern states.) Lastly, Lindsay Williams, a former Alaskan pipeline chaplain with high-level oil industry connections, has suggested that BP, in conjunction with the federal government, might try to cap the well by using a nuclear explosion – the environmental consequences of which are currently unknown. OUR RECOMMENDATION: If you live, or if you know people who live on, or within 200 miles of the Gulf Coast area, we recommend that they immediately relocate to at least 200 miles inland (i.e. the farther away, the better). If people living within this 200-mile zone do not relocate voluntarily (i.e. on their own initiative), it appears likely that a forced evacuation through a martial-law scenario may occur within the coming weeks and (possibly) months. Our country has been in a state of national emergency since September 11, 2001, which means that martial law (i.e. military rule) can be declared by the President at any time, for any reason – large, or small. If martial law is implemented, evacuees will lose their ability to determine when and where they will move and for how long, since the normal protections of the Constitution and the Bill of Rights will have been suspended. To put it bluntly, a scenario in which evacuees are forced to live in relocation centers for an unspecified length of time is not unlikely.