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They Trade in Taboo

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I will not be taking any shortcuts here, although I will not list the 1000s of other firms, holding companies, partnerships, governments, and corporations that are part of the Standard Oil brand today. I will, however, write this. Aramco's oil fields amount to only 1.5 million square kilometers, or slightly bigger than the combined land mass of California, Texas, Oklahoma, Utah, France, Spain and Germany. It encompasses the Persian Gulf, the Red Sea, and the sovereign nations of Bahrain and Kuwait. This is why it is sophomoric for people to talk of drilling ANWR; or ask why when Saudi nationals attacked on September 11, 2001, we countered against Iraq. The Sauds, of course, have shut down the pipeline before - during the Nixon administration and again when Carter was in office. They attempted to drive up the price of oil in the 1970s, and were ultimately successful as the price hit $1.50 at American pumps. This was countered by an entire array of regulations, price freezes, speed limits, CAFE standards, odd-even fill-up days and most important, the sale of state-of-the-art military aircraft to Israel, that caused gas prices to decline sharply, finally bottoming-out into the $10-$12 a barrel range, in the late 1990s.

Prior to that nadir, deregulation of many industries under the Reagan Administration, in the early 1980s, when his "Reaganomics" caused many regulations to be erased from the books or simply ignored. Ignorance, however, has its price, as we'll cover in the last segment of this report.

Earlier, in our study of the New York Times article, Changing All The Rules, by Bruce Barcott, it exemplified the dismantling of the Clean Air Act and essentially the entire Environmental Protective Agency. That has continued through the subsequent decades, including the mass deregulation under the current Bush presidency.

If more people read it would not surprise many that the current president was involved in the well-publicized 1986 Harkin Oil deal, with recently-deceased partner Ken Lay. In that fiasco, according to David Corn, Bush merged his failing Bush Exploration Company (Arbusto) with the well-financed Spectrum 7. When Spectrum 7 began to fail the following year due to falling oil prices, Bush was trying to arrange a sale of that company to Harkin, owned by Geroge Soros, Saudi oilman Abdullah Taha Baksh and the Harvard Management Corporation.

On October 16, 1986, as the sale was dragging on, Enron Corporation issued a press release that they had hit a gusher producing "both oil and natural gas in Martin County, Texas," aided the completion of the deal about 30 days later. It turns out that Spectrum 7 owned about 10 percent of the field in joint venture and Ken Lay was chairman of Enron even in 1986, and was close friends with the young George W, according to the in-depth in a Dave Corn piece.

Almost like in the play Damn Yankees, it seems Bush was on-track to make a deal with the Devil. He wasn't nearly as intelligent or accomplished as his soon-to-be presidential father but he was involved as a small player in the business that once made Rockefeller the richest man in history. In fact, small player would be parlayed into big player when his father became president and the younger W. would be some sort of bagman for the cabal of involving his father, the Carlyle Group (which has had extensive dealings with the Bin Ladens up until 9/12/01), Saudi banker Khalid bin Mahfouz and Salem bin Laden.


Here is Olson theorists' smoking gun. Here is the proof of Olson's privileged group, not just getting a "selective incentive" or "public good" but all the goods from the public including, some would say, their electoral franchise. In a Craig Unger-written piece it ties G.W. Bush to the House of Saud, his father's organizations, John Major, Frank Carlucci, James Baker Dick Cheney, Halliburton, American defense contractors and law firms, amounting to direct contributions "from the House of Saud to the House of Bush" totaling $1,476,000,000. It details each of the contributions, investments, presents, and etcetera.

Not to be partisan, it shows how the House of Saud suddenly donated $23 million to the University of Arkansas, shortly after Bill Clinton got elected - which amounts to barely a few hours of receipts from Rockefellers' Aramco. By the way, I did write that the second biggest independent contractor of Aramco is Halliburton, did I not? Or, what about the fact former Exxon/Mobil CEO, Lee Raymond is now the president's new energy advisor?

The Bush policy on energy, defense, and Neo Liberalistic economics is one in the same. It is the trade of taboo. But before you throw you hands into the air and say this cannot be true. Remember these few things: $1.476 billion is a couple of day's profits to this massive oil cartel. Those profits have tripled under this presidency, even with the cock-and-bull stories that change each day about India and China's demand, poor refineries production in the U.S., and so forth. Demand isn't up 300 percent in the last 1800 days, and refinery production is not down 300 percent. They are up and down respectively less than 10 percent. In fact, people say we can absorb $65 oil, but how do they justify that statement about India? Is India's slightly increased demand just an Exxon shipment from Aramco to their own affiliates in India, as a way-station stop to elevate world prices? Of course I have to direct this phantom question to us, since there hasn't been regulation or proper governmental oversight of oil in years. Also, what about the other 200 nations on Earth, are they using as much $65 oil as they were at $20 when they can't afford pablum? These questions won't get answered. Do you know anybody who is asking these questions over the last six years?

Also, adding credibility to this argument is the rememberance of Marcos and Arafat pocketing/skimming a billion off the top from payments made to their nations/peoples. So when a pair of relative minor-leaguers are compared to the Exxon-Bush-Cheney-Carlyle-Saud-Bin Laden cabal, a $1.476 billion skim becomes relative pocket change. It's a hell of a "selective incentive!" All the world's treasure in the hands a few men.

Everybody is allowed an opinion. Mine follows: What we have here is a total breakdown of any government policy. The policy seems to be drive oil prices high at any cost - even war. (It's not out of the question this is the beginning of World War III, because at some point Russia, China and the EU must challenge the over-independence of the USA in regards to aggression in world affairs, i.e. Bush's "Bring it on!" and his "Axis of Evil," have already caused by Russia and China to begin rebuilding their military.

As the stars aligned Bush, lying as usual, this time about not being able to find a vice-president to run with, suddenly he took Cheney, the head of Halliburton, a retread of Nixon-Reagan Adminstrations, and one of the most hawkish and Neo-Liberalistic energy men as his running mate in 2000. Cheney has an extensive background in energy, military, and was one of the signatories in a letter to Clinton in the late 1990s to invade Baghdad.

After that came the absurd split national vote with no conclusive recounts. The election, it seems, may have been privately financed, in part, by much of the money funneled in above, by the Saudis.

To the chagrin of even Pat Buchanan, who said at the time of the ruling, "there is no way all these elderly Jews in Palm Beach voted for me," about a Supreme Court appointed in majority by Reagan and daddy Bush, stopping the Florida recounts and "selecting" Bush.

Bush got sworn in on January 20, 2001 and immediately tells Bill Clinton he cannot become a Special Envoy to the Israeli-Palestinian Peace Process that was in play up until January 19. Months later, a female FBI agent is ignored by top cabinet people when she uncovers evidence that there maybe a conspiracy to highjack planes by al Qaeda.

The World Trade Center gets destroyed. Bush, orders an invasion of Afghanistan as his brains, Rove, Rummy, Cheney and their advisors in Riyadh figure out how to kill two birds with one stone and fabricate a story big enough for a first-strike invasion of Iraq. Oil goes from $22 to $72 and back to $62 and gas reaches an all-time high this week (May 2007).

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My career in journalism began as a stringer at the Los Angeles Herald-Examiner before making my way east to write at the Washington Star. I toiled for more than a decade as a columnist for Gannett, the world's largest newspaper chain. As (more...)
 

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