The Energy UnCrisis-Lindsey Williams

[Mulligan]

In the video, between 35:45 and 36:15 he talks about Iraq not signing an agreement with Secretary of State Henry Kissinger. He says it was Saddam Hussein that wouldn't sign. Saddam was not president until 1979. If anyone can help me understand Iraqi politics before Saddam, I'd sure appreciate it. It seems it is very "mushy" ...... Saddam was involved, but not yet president.

???

Issachar

In 1976, Saddam rose to the position of general in the Iraqi armed forces, and rapidly became the strongman of the government. As the weak, elderly al-Bakr became unable to execute his duties, Saddam took on an increasingly prominent role as the face of the government both internally and externally. He soon became the architect of Iraq's foreign policy and represented the nation in all diplomatic situations. He was the de-facto leader of Iraq some years before he formally came to power in 1979. He slowly began to consolidate his power over Iraq's government and the Ba'ath party. Relationships with fellow party members were carefully cultivated, and Saddam soon accumulated a powerful circle of support within the party.

http://en.wikipedia.org/wiki/Saddam_Hussein#Rise_to_power
Looks like he was in charge in 1976 but not officially until 1979.

[Issachar]

I'm about 12 minutes from the end of the 75 minute video. He is on the Iran thing and their threat of flooding the world with cheap oil denominated in euro's instead of USD. It would collapse the U.S. economy. IF he says the date that Iran plans to do that, it may give a clue as to if/when the U.S. attacks Iran.

He is now talking about John Perkins' book; "Confessions of an Economic Hit Man". Because of what is in Perkins' book, he doesn't understand why he is still alive. ???? I'll have to check it out.

Issachar

[Issachar]

Thanks Mulligan.

Issachar

[felixthecat]

If credible, it's worse than I originally thought. There are some markers in the presentation that actually add some credibility to his predictions, since his talk apparently was given in Oct. 07 when gas was at $3 a gallon. Scary stuff. Some of the information he gives I'd heard before, but kind of blew it off as sour grapes from the far left. Now I'm not so sure.



http://video.google.com/videoplay?docid=3340274697167011147

The truth is SLOWLY seeping out.

Now many will not admit they are wrong ... EGO ... PRIDE ... . Greedy liars have taken advantage of them.

[lendingheart]

I'm about 12 minutes from the end of the 75 minute video. He is on the Iran thing and their threat of flooding the world with cheap oil denominated in euro's instead of USD. It would collapse the U.S. economy. IF he says the date that Iran plans to do that, it may give a clue as to if/when the U.S. attacks Iran.

He is now talking about John Perkins' book; "Confessions of an Economic Hit Man". Because of what is in Perkins' book, he doesn't understand why he is still alive. ???? I'll have to check it out.

Issachar

id love to know that date... someone has to know it?????? TELL US :thinking

[RDY4HIM]

Is there no one left in washington willing to stand up for the people and speak the truth?

I heard a quote this week that I can appreciate, as a teacher...

"The people who really know how to run this country are too busy teaching!":aha

[Maggie]

I watched this video. Had also heard an interview he gave a few months ago on Patriot Radio News hour.
In the radio interview he said that when the price of oil hit $150/barrel, then these oil guys were going to tap into the Gull Island Alaskan oil reserve.
On the video he seems to say that they have no intention of EVER tapping into it. :thinking
It's one or the other? But not both.
Maybe he's right but I sense a little discrepancy here and it bothers me.
I took notes on both the video and the interview. I'm not relying on memory.

[Issachar]

Well, one of the .... or maybe THE reason(s) that we don't tap it is because of the economic agreements the U.S. has with OPEC via Mr. Kissinger and Mr. Nixon; i.e. We buy their oil but they use 20% of the revenue to buy U.S. debt. BTW, I think that is a part of the reason for the sharp oil price increase ... 20% of $140 per barrel is a WHOLE lot more than 20% of $12 per barrel or whatever it was back when the agreement was signed. Also BTW, the agreement was not signed by Iraq or Iran. So maybe when the Middle East runs out of or low on oil supply, the agreement is null and void and then the U.S. will pump it's own oil ... assuming it is there. As far as shale oil, etc., I don't believe that will ever be a viable alternative because I don't believe the U.S. economy can handle that cost.

Issachar

[Maggie]

Well, one of the .... or maybe THE reason(s) that we don't tap it is because of the economic agreements the U.S. has with OPEC via Mr. Kissinger and Mr. Nixon; i.e. We buy their oil but they use 20% of the revenue to buy U.S. debt. BTW, I think that is a part of the reason for the sharp oil price increase ... 20% of $140 per barrel is a WHOLE lot more than 20% of $12 per barrel or whatever it was back when the agreement was signed. Also BTW, the agreement was not signed by Iraq or Iran. So maybe when the Middle East runs out of or low on oil supply, the agreement is null and void and then the U.S. will pump it's own oil ... assuming it is there. As far as shale oil, etc., I don't believe that will ever be a viable alternative because I don't believe the U.S. economy can handle that cost.

Issachar

Could be - but when he says one thing one time and another thing another time - a little red flag goes up for me. Maybe he's got the answer to what's going on - we'll see.
Did you see the scenario for the Iran attack in the "USD, Subprime..." thread?
:twitch whoa.
Would the U.S. be so silly as to get into a war of this magnitude without enough fuel? The ethanol thing makes me wonder - but if they have full intentions of going into this thing - they're going to need the fuel to carry it through. Maybe that's what they're saving the Alaskan oil for.
Another thing - Didn't Williams say in this presentation that Chavez wouldn't join the World Bank because they wouldn't use the USD? I know he said Chavez wouldn't use the USD. Well, I looked the World Bank and IMF up on Wikipedia and they said that in April of '07, "Chavez announced Venezuela would withdraw from the IMF and World Bank." Said they were "tools of the empire" that "serve the interests of the North". As of April '08, Venezuela remains a member to both organizations because withdrawal would have triggered default clauses in the country's sovereign bonds.
Now, Williams said that both Iraq and Iran refused to trade oil in USD's. But both are members of the World Bank. So...maybe this is all over my head, but if they are both members of this organization and the World Bank...I don't know...my head's starting to freeze up on me. I'm just a country girl from Wisconsin! ha ha.

[saint-in-training]

Read this:
http://www.iranian.ws/iran_news/publish/article_24242.shtml
Now, there's talk of going to war with Iran...for terror or something else?

Look back at this, 1996 something was brewing in the ME already.
http://query.nytimes.com/gst/fullpage.html?res=9B05EFDB1138F937A3575AC0A9609582 60
Then this in 1999
http://www.cnn.com/WORLD/meast/9911/22/iraq.oil/index.html
Then what happened in 2001, Saddam captured in 2003.

This time it seems we don't have a whole lot of backup with the idea of going to war with Iran. They're kind of running to their aid, telling the US to back off or they'll back Iran. So, what will we see this time??? Will they sit down and shut up? Seems they have so far.