Global Warming Elites Battle Fiercely For Oil

Another volcano, this time in Chile, has erupted.  Depending on how much high-stratospheric dust spreads, we may or may not see lower global temperatures.  Meanwhile, the carbon trade derivative market continues to collapse.  China and its Asian neighbors, despite talk about curbing CO2 emissions is girding for war over oil/gas oceanic resources.  Our ‘allies’ in Asia intend to use the US navy in this terrestrial battle over who gets to suck up and then burn even more CO2.  Meanwhile, NATO continues its totally illegal invasion of Libya by moving in helicopters and ground troops.

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WWIII will be a nuclear war targeting nuclear power plants during a vast struggle over who will get access to the remaining CO2-producing fossil fuels.  I knew from day one that the Copenhagen meeting was all about dividing up world resources and power in favor of international bankers and their buddies.

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This is why I mocked the meeting.  Not due to scientific reasons but due to the fact that the conference was all about expanding the might and heft of the world’s most menacing human-created nothingness I call the Derivatives Beast.  This monster is capable of running up the human concept of ‘money’ to infinity.  Therefore, it menaces the very basis of the fiat floating currency regime launched by Nixon a mere 40 years ago.

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That is, gold reserves constricted the creation of ‘money’ and debasing gold, silver, nickel and copper with even cheaper metals meant more inflation.  With the floating fiat currency, more money would be created but wouldn’t cause inflation…or so they claimed.  This was a totally false claim.  Instead, to keep inflation from shooting upwards all the time, the floating fiat money kept it at bay via seeking out international cheap labor and cheap production (ie: no pollution controls, for example) and thus, for 40 years, the dollar, for example, which is the basis of the floating fiat currency regime, lost ONLY 90%+ value!  Yipee!

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Back to why: the US dollar began its nosedive due to the sudden appearance of the Hubbert Oil Peak in the US which incidentally, was when we had to ditch the gold standard so we could import much of our oil consumption.  Now, we see the world slowly going into a titanic battle for control of world resources with the ever-ready to invade crew in Europe using the US military machine via NATO to invade their oil producing sellers, for example.  Libya sells most of its oil to Europe and now Europe wants to control the PROFITS from this due to a desperate need to make energy cheaper so export products will be cheaper.

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This is due to China wiping the European markets out in international trade as China destroyed US economic power in international trade.  China and Japan have been fighting a very fierce battle over world markets and the recent tsunami/earthquake/nuclear disaster has basically slammed Japan to the mat and China now is in main possession of world markets and is now in a buying spree even as Europe and the US spend a fortune killing Muslims in a desperate attempt at controlling fossil fuel sales.

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First, the story about the near-total collapse of the banker’s solution to global warming:  World Bank warns of ‘failing’ international carbon market | 

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The international market in carbon credits has suffered an almost total collapse, with only $1.5bn (£916m) of credits traded last year – the lowest since the market opened in 2005, according to a report from the World Bank….The international market in carbon credits was brought about under the Kyoto protocol, as a way of injecting much-needed investment into low-carbon technology in the developing world. Under the system, known as the clean development mechanism, projects such as windfarms or solar panels in developing countries are awarded carbon credits for every tonne of carbon avoided. These credits are bought by rich countries to count towards their emissions reduction targets.

 

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It was a very stupid idea from day one.  The bankers loved it.  Bilderberg gang members jetted around the world, laughing with joy at this wonderful concept whereby they could continue to pollute the planet while keeping industry out of third world hands and in return, would hand out solar panels and windmills to them while pocketing the profits of the Derivative Beast contracts!  What was there to not love?

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Well, it was totally useless if the point was to prevent global warming.  All these clowns had to do was to hand out solar panels not only to the third world but to first world homes.  If they were truly alarmed about being roasted to death, they would have all ceased flying in jets and riding in limos all over the world and would have demolished their many climate-controlled palaces and moved into small shacks or into tents (I raised a family in a tent!) or could do other smart things but that is no fun at all.

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Consuming vast oceans of energy while wailing about how this is killing us was great fun if one could then turn around and buy and sell the right to pollute and better yet, the mark-up of these sales via the derivatives market was infinite and they tipped their hands when they revealed that this derivative market would dwarf the energy market in value.  Which showed us how insane this scheme was in the first place.

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So now it is pretty much dead and it deserved to die.  The people of third world nations would have seen precious few alternative energy systems installed and the only members of their nations that would have benefited would have been their rulers.  This vaporous market selling invisible vapor vanished like fog on a warm, sunny day.  Good riddance.  Now we can concentrate on saving ourselves not from CO2 but from an energy-driven WWIII event.  For the value of fossil fuels is rising rapidly so wars are breaking out over who owns this CO2-producing stuff and this shows us clearly that the game of reducing CO2 emissions was TOTALLY FAKE.

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That is, the elites wanted us to stop consuming fossil fuels while they wanted to keep on consuming it and better still, force us to pay dearly for it while we freeze to death.

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This month’s news shows very clearly that everyone with a brain and some guns wants more, not less oil and gas production:  China pledges peace in sea territorial disputes – CNN.com

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In his speech, Thanh recounted a May 26 incident when surveying cables of a Vietnamese oil exploration vessel were cut.  Vietnam has handled the incident with “patience,” he said, adding that they “expect no repetition of similar incidents.”

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Philippine President Benigno Aquino said last month that the disputes in the South China Sea could spur a regional arms race.  The Philippines accused China of intimidation in disputed oil-rich Spratly islands in the South China Sea, where its oil exploration ship was confronted by Chinese ships in March.

 

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So, the Philippines to file protest to U.N. against Chinese incursions because they want to tap into oil under the sea and the entire business of ‘where are the sea borders?’ continues.  This began many years ago when Britain and Iceland and Norway and other North Sea nations began fighting over fish.  Once oil and gas was discovered such as the North Sea Oil Fields, everyone began demanding 100 mile sea borders.

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The issue of where sovereign powers begins and ends is very fluid.  Heh.  Yes, very, very fluid!  For example, the Gulf of Mexico has sovereignty problems not to mention Cuba versus the US with Cuba within 100 miles of the US.  In Asia, there are many more islands than in the US or EU configurations so all the nations there want to have 100 miles of ocean around all these tiny islands.

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So what do they do?  They threaten each other with warfare!  This is pretty raw stuff.  Asian mini-powers all want the US to do all the heavy lifting in this matter.  China, on the other hand, sees the US going bankrupt trying to increase the power and wealth of rival Asian nations.  So they keep probing.

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Israel can’t let Gaza be a country because of all of this.  Israel is pretty certain there is a lot of gas and oil right offshore but a lot of this is offshore Gaza, not Israel.  So they desperately try to find a way to keep up the embargo of Gaza while at the same time, putting in wells to pump this wealth out so long as the Palestinians have no sovereignty.  Which is why they refuse to have even the pretense of ‘peace negotiations.’

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Meanwhile, China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills because they are now using this sovereign wealth to buy oil and gas resources or increase the power of their navy so they can crush their neighbors who demand the right to many small, uninhabited islands China wishes to control:

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Prior to the fall of 2008, acccording to Treasury Department data, Chinese ownership of short-term Treasury bills was modest, standing at only $19.8 billion in August of that year. But when President George W. Bush signed legislation to authorize a $700-billion bailout of the U.S. financial industry in October 2008 and President Barack Obama signed a $787-billion economic stimulus law in February 2009, Chinese ownership of short-term U.S. Treasury bills skyrocketed.

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By December 2008, China owned $165.2 billion in U.S. Treasury bills, according to the Treasury Department. By March 2009, Chinese Treasury bill holdings were at $191.1 billion. By May 2009, Chinese holdings of Treasury bills were peaking at $210.4 billion….In August 2008, before the bank bailout and the stimulus law, overall Chinese holdings of U.S. debt stood at $573.7 billion. That number continued to escalate past May 2009– when China started to reduce its holdings in short-term Treasury bills–and ultimately peaked at $1.1753 trillion last October.

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As of March 2011, overall Chinese holdings of U.S. debt had decreased to 1.1449 trillion.

 

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The Chinese bailed us out. In turn, the US began screaming at China about ‘human rights’ while we keep up the Gitmo torture and build our police state at home.  The US demanded China retreat from Asian waters while we expand our fleets there.  The US demanded China disarm while openly talking about using Predator assassin robots stationed on our ships right offshore of China.

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So China decided it was time to torpedo the entire Pacific fleet. The device they chose to use is the one they said they would use way back in the mid-1980s when they cooked up the 50 Year Plan.  That is, they would buy up our debt, hold our dollars and then dump it all on top of us in international markets, thus, killing our currency and destroying our credit.

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During all of this, they would also remove as much of our industrial base as possible.  They came up with this after studying Germany and Japan and how both used the US after WWII to rebuild and then take over US industries and how both bought up our Cold War debts which kept our interest rates low and kept the US deep in the red all the time.

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China pulled us out of our economic collapse in 2008 only because this happened TOO EARLY.  They didn’t have all things ready for 2020 when they were going to hand us our heads.  Instead, they had to save us in order for us to keep buying from them.  But the US military was goaded into a war stance by Japan and South Korea.  So we pushed back against China when China was bailing us out.

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This is cynical.  The idea is, then China will become our ‘enemy’ and we could then have a little war and win it with our Asian buddies.  Only several things happened to change this idiotic plan: Russia became China’s friend.  Then Pakistan became China’s friend.  Then Europe got scared as Southern Europe collapsed and the high energy prices forced Europe into Russian arms.

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The other significant event is Japan totally collapsing.  The US pretends that Japan is bravely pulling out of this death spiral.  But it is certainly not doing so hot.  Nay, the contrary.  This collapse is very profound.   It is both social as well as physical.  The psychology of Japan is ‘End of Times’.  They are feeling quite doomed.  Anyone watching Japanese anime can see how stories about very rich people lording it over the poor and how destruction is coming and can’t be stopped is very big.

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Stories of demon battles beyond the control of mere humans are popular as are the stories of alien invasions.  The US is increasingly negative, too.  We still make movies and stories about how drunken fools still win wars.  But deep inside, we know we are losers. This is why we are so very belligerent.  Even as penniless peasants keep on fighting even as we spend trillions hammering them, we think being muscled bully boys will still work its brainless powers.

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The Chinese aren’t like this at all.  The people fight with their government, their government has to heed their desires.  A drought is hammering China but the government does things, it doesn’t just sit there, diddling like in Japan.  A drought is temporary and fixed by some rain.  But a nuclear catastrophe goes on and on and poisons the land.  Floods do damage but the land is better off, not worse off, after these sorts of floods like we see in the US this year, for example.

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Namely, this is how farmland is rejuvenated.  Anxiety over floods has caused governments to try to inhibit nature’s solution to farming topsoil losses.  When you plow, you lose topsoil to the wind and rain.  But when rivers flood, they drop new soil on the previous flatlands which is why flatlands exist in the first place.

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The US can’t afford even the smallest glitches in anything due to being basically bankrupt.  All we can do now is print money and hold it ourselves, a la Japan.  Even though we can’t afford it, the Pentagon wants to continue expanding after growing 100% in 10 years.  From 2 years ago:  Top U.S. Naval Officer Calls for an Increase in Fleet Size

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Chief of Naval Operations, Admiral Gary Roughead, called for the Navy to grow its fleet to 313 ships from 283, according to a report in Newport News, VA.

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“Maintaining a steady workflow and the health of the shipbuilding industry is of national strategic importance,” Roughead said at a Navy conference outside of Washington. “There is a direct correlation between the capabilities of navies and the capabilities of their national industrial base. We must never forget that.”

 

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In WWII, we built the most ships in history.  Why?  Well, we had civilian naval industries!  What civilian naval industries do we have today?

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NONE!  It is dead!  Totally, completely dead.  This is very significant.  Who on earth has the world’s most active civilian ship building?  Well, this is mostly in Asia and China leads the wolf pack.  On top of this, Asian nations also build their own military naval ships.  But the US has to have the Pentagon carry all the ship building.

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This is run by thieves out to rip us all off.  So there are massive price overruns and our own fleet is gold plated in cost but built out of the cheapest materials.  It is a great way to skim money out of DC and a terrible way to project power against the much more efficient China.  In China, if you screw up a government contract and it irritates Hu, you get a bullet to the brain, not a gold plated retirement to Barbados.

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As per usual, as our government talks about killing grannies to balance the budget, Rep. West: US Needs Bigger Navy to Fight China 

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“We have to admit that China is a conventional threat to the United States,” West insisted, adding that it was vital to prevent any spending cuts in the already record military budget because of this threat.

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West cited the power of ancient Athens and the Roman Empire in claiming how vital the increase in the size of the Navy was, adding that if the Pentagon budget was cut the military might not be able to afford toilet paper.

 

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HAHAHA…and what sank the Roman fleets?  Corruption!  A collapse in economic activity!  High taxes on small things the poor and peasants needed while the rich were not taxed at all!  What killed Greek fleets?  Imperial battles in say, southern Italy destroyed Athens.  What also killed both was trade with distant China.  China wanted nothing from them except money.  They wanted silk and beautiful manufactured items from the Chinese.

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While the US navy expands at tremendous expense, the US base in Bahrain doubled in size last year while the people there tried desperately to throw out their evil ruler.  Meanwhile, Yemen’s president flees country for treatment after revolutionaries successfully hammered his palace and nailed him.  His government limps on but will eventually fall.

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Saudi Arabia and our government hates this.  They want to keep puppets in power.  In Libya: Britain to step up attacks against Gaddafi as that war to overthrow him widens and darkens.  And the destruction of all the things built by Gaddafi for his own people are being systematically destroyed.  When it all finishes, none of this will be rebuilt.  The victors will take the CO2 spoils and run back into Europe and celebrate.

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Israeli troops fire on Palestinian protesters, killing four on the borders as the US thinks it is OK to kill Palestinians but it isn’t OK for Syria to do this, too.  This is a continuing, festering sore that is taxing our own government due to the impossibility of believing and acting on two opposite things at the same time.

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Goldman Sachs has been put under investigation in NY and I hope they are all arrested eventually and Gaddafi would like to see this, too:  Goldman Sachs Lost 98% of Libya’s $1.3B Sovereign Wealth Fund Investment 

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Massive losses sparked the ire of Zarti, who met with Goldman’s Kabbaj and another employee at the LIA’s headquarters in July ’08 and, “like a raging bull,” cursed and threatened the Goldman employees… Kabbaj and the other Goldman employee were assigned body guards until they left the country the next day.

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In their attempts to fix the relationship and make up for the losses, Goldman executives offered Libya various investment options that included large stakes in the company.  Negotiations which included CEO Lloyd Blankfein, CFO David Viniar, and European top exec Michael Sherwood, resulted in the company offering to finance a $3.7 billion investment that would give LIA $5 billion in stock and a payment of 4% to 9.25% annually for 40 years.  There were other offers including preferred shares, unsecured debt, a special purpose vehicle in the Cayman Islands, and investments in credit default swaps.

 

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Even as GS boasted about profits, they lost money for clients.  They always are about #1 which is themselves.  Gaddafi could have killed them but didn’t.  He wasn’t nearly as rapacious as they.  They, on the other hand, after making various offers ended up going the Mafia route: a direct attempt at killing him.

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What a great way to deal with clients!  The Chinese are aware of this.  They know that the trio in the above story are also Bilderberg gangsters.  They know that Blankfein is part of the Jewish Mafia.  They thought they could tap into some of this wealth after surrendering to the UN/NATO demands to disarm.  Stupid!

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All demands to disarm are due to desires to snuff clients out!  Saddam thought disarming Iraq would mean he would be joining the looting expedition of the elites in the West.  Instead, they snuffed him.

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So it was with Gaddafi: he has to now be killed.  They knew this when they lied to the UN nations about this. On the other hand, they legalized this sort of military strong arm actions which is just fine with China since China will rule the Seven Seas in due time.  Then, they can be the Mafia bosses who make deals and then kill clients!  Yes, what fun for them.

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Meanwhile, the oil/gas wars rise in violence and CO2 is burned and volcanoes erupt.  Time for more human sacrifices.

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