Barack Hussein Obama Legitimacy Part 1 of 6
Barack Hussein Obama Legitimacy Part 2 of 6
Barack Hussein Obama Legitimacy Part 3 of 6
Barack Hussein Obama Legitimacy Part 4 of 6
Barack Hussein Obama Legitimacy Part 5 of 6
Barack Hussein Obama Legitimacy Part 6 of 6
The Obama Deception
Depopulation Policy Exposed
According to its statutes, one of the principal goals is the determination of the best means for safeguarding the cartel's interests, individually and collectively. It also pursues ways and means of ensuring the stabilization of prices in international oil markets with a view to eliminating harmful and unnecessary fluctuations; giving due regard at all times to the interests of the producing nations and to the necessity of securing a steady income to the producing countries; an efficient and regular supply of petroleum to consuming nations, and a fair return on their capital to those investing in the petroleum industry.
OPEC's influence on the market has been widely criticized, since it became effective in determining production and prices. Arab members of OPEC alarmed the developed world when they used the “oil weapon” during the Yom Kippur War by implementing oil embargoes and initiating the 1973 oil crisis. Although largely political explanations for the timing and extent of the OPEC price increases are also valid, from OPEC’s point of view, these changes were triggered largely by previous unilateral changes in the world financial system and the ensuing period of high inflation in both the developed and developing world. This explanation encompasses OPEC actions both before and after the outbreak of hostilities in October 1973, and concludes that “OPEC countries were only “staying even” by dramatically raising the dollar price of oil.”
OPEC's ability to control the price of oil has diminished somewhat since then, due to the subsequent discovery and development of large oil reserves in Alaska, the North Sea, Canada, the Gulf of Mexico, the opening up of Russia, and market modernization. OPEC nations still account for two-thirds of the world's oil reserves, and, as of April 2009, 33.3% of the world's oil production, affording them considerable control over the global market. The next largest group of producers, members of the OECD and the Post-Soviet states produced only 23.8% and 14.8%, respectively, of the world's total oil production.[As early as 2003, concerns that OPEC members had little excess pumping capacity sparked speculation that their influence on crude oil prices would begin to slip.
The Organization of Petroleum Exporting Countries is a central body which, at regular intervals, fixes the price of oil on the international markets. Although a supplier of oil, Britain is not one of the OPEC countries since they are all at odds with the old colonial powers who controlled the oil industry in its early stages. OPEC increased petroleum prices very dramatically in 1973 and 1974 to the great discomfort of most Western nations. See oil crisis.
Venezuela and Iran were the first countries to move towards the establishment of OPEC in the 1960s by approaching Iraq, Kuwait and Saudi Arabia in 1949, suggesting that they exchange views and explore avenues for regular and closer communication among petroleum-producing nations.  The founder members are Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. Later members include Algeria, Ecuador, Gabon, Indonesia, Libya, Qatar, Nigeria, and the United Arab Emirates.
Lindsey Williams on Alex Jones: OPEC'S Debt Obligation Crisis & Israel's Ties To Hamas!
TheAlexJonesChannel — Lindsey talks with mr. X and gives alex the latest update on the future of America and it's monetary system.Lindsey also reveals what the globalist plans are for the rest of the world.
OPEC'S Debt Obligation Crisis & Israel's Ties To Hamas Part 1 of 6
OPEC'S Debt Obligation Crisis & Israel's Ties To Hamas Part 2 of 6
Crude oil Price, Gasoline and Petrol.
Dubai World was established under a decree ratified on 2 March 2006 by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai. He also holds the majority stake in Dubai World.
On 2 July 2006, it was launched as a holding company with more than 50,000 employees in over 100 cities around the globe. The group now has extensive real estate investments in the United States, the United Kingdom and South Africa. Dubai World made headlines in March 2008 after its chairman, Sultan Ahmed bin Sulayem, threatened to take the fund's money out of Europe. Dubai World's threats came shortly after the European Union attempted to lay out "a set of principles for transparency, predictability and accountability" for sovereign wealth funds.
On November 26, 2009, Dubai World proposed to delay repayment of its debt which raised the risk of the largest government default since the Argentine debt restructuring in 2001. Dubai World, the investment vehicle for the emirate, asked to delay for six months payment on $26 billion of debt. The extent of the debt rattled many markets causing many indices to drop; including oil prices. U.S. stocks fell sharply but rebounded from their lows as investors concluded that the damage might be contained. The Dow Jones industrial average lost about 155 points, or roughly 1.5 percent, in a shortened trading day, and other stock averages also sank. Oil prices plunged as much as 7 percent before recovering some ground later in the day.
2009 debt standstill
With the onset of the financial crisis of 2007–2010, Dubai's real estate market declined after a six-year boom. On November 25, 2009, the Dubai government announced that the company "intends to ask all providers of financing to Dubai World and [its subsidiary] Nakheel to 'standstill' and extend maturities until at least 30 May 2010". The company has laid off 10,500 employees worldwide. At that time, Dubai World had debts of $59-billion, accounting for nearly three-quarters of the emirate's US$80-billion debt. This includes a US$3.5-billion loan which the company was unable to repay by its December deadline.
Debt Deal Dubai
On May 20, 2010 Dubai World said that it had reached an agreement "in principle" with most of its bank lenders to restructure debt worth $23.5bn (£16.4bn). It would be left with debts of $14.4bn after the restructuring. But the deal must still be approved by other banks that were not involved in the negotiations. The terms of the restructuring, include converting $8.9bn of government debt into equity. The government of Dubai and Dubai World had tabled this offer to bank lenders in March 2010 after three months of negotiations.
Source from:Mises Daily
The uproar over Dubai Ports World's planned purchase of franchises at several American port facilities continues. Being owned by the United Arab Emirates (UAE) is enough to make the company a subject of demagoguery in Washington, DC. The nation's capital is a place where people seem unable to comprehend the profit motive. And Dubai Ports could not possibly build a profitable global ports operation if it had a reputation for lax security.
The instigators of the current furor, captive to anti-Arab stereotypes, seem entirely ignorant of reality in the city of Dubai, the second largest emirate within the UAE. As I discovered on a recent trip to Dubai, the city is the furthest thing one could imagine from being a hotbed of Islamic extremism. Dubai is rapidly evolving into the leading financial and commercial center in the Middle East.
Less than 10% of the city's economy depends on oil revenues, with the majority generated from international trade and tourism. A tolerant, cosmopolitan, and culturally diverse city, roughly 85% of its population is comprised of non-citizens. Most are workers from across South Asia and Southeast Asia. While Arabic is the official language, English is the language of business and finance. English-speaking tourists will find no difficulty conducting business in Dubai.
The city also caters to five million upscale tourists per year from places like Russia, Germany and France and across the Middle East. Dubai is a playground for the rich, with ultra-modern five-star beach hotels and sprawling duty-free shopping malls. Every high-end Western brand imaginable is on offer. Gold, silver, and diamond jewelry are Dubai's specialties. Dubai offers its travelers an indoor ski slope (in the desert!), world-class tennis, golf, and horse racing events, and the opportunity to buy property on man-made Persian Gulf islands formed into the shape of the world's continents. Already lined with dozens of modern skyscrapers, Dubai is currently experiencing a construction boom that includes plans for the tallest building in the world, the Burj Dubai (scheduled for completion in 2008).
The extravagant city is often compared to Las Vegas, but I found it to be more like the Singapore of the Middle East. Though tourism is vitally important to the city, its economy is built on a foundation of international trade. With its meager oil reserves dwindling, the tiny emirate has diversified its economy by building its duty-free port into the re-export center of the region. It also aspires to be the region's leading financial market, having recently built the Dubai International Financial Center to lure global financial firms with a Western-based commercial system conducted in US dollars.
Much of the political slandering of Dubai is based on a protectionist desire to prevent the free flow of capital across borders mixed with a stereotypical impression that the city is a murky bazaar of money laundering and arms trafficking. In fact, Dubai has long been a crossroads of trade, barter, and informal cash transfers. Historically it has weathered many efforts by colonial powers and foreign governments to control its economic destiny. This began in the 1800s when the British imposed an exclusive trade arrangement monopolizing its lucrative trade links with India. More recently, Dubai traders created black markets in gold, helping Indian expatriates to bypass India's ban on gold futures trading from 1962-2004. Dubai traders have also helped import consumer electronics and clothing into nearby Iran, helping people there sidestep US economic sanctions (which only apply to US corporations).
In a region of the world not known for economic freedom, market capitalism has deep roots. Dubai is a key center of hawala, an unregulated private system of payments and currency trading between the Middle East, South Asia, and Southeast Asia. Similar to a banking system of clearing checks, hawala brokers facilitate transactions and money transfers for a 1%-2% commission. For less money than a typical bank rate, the centuries-old payments system eases currency and gold transfers between Dubai's many migrant laborers and their families abroad.
Unfortunately, hawala is under pressure from the US government, which is trying to impose its own bank reporting and record keeping regulations throughout Dubai. The US regulatory efforts are a misguided attempt to prevent money laundering and the financing of terrorism. If informal cash transfers are regulated in Dubai, they will flee to other unregulated locales. Neither legitimate nor illegitimate informal payments can be eradicated by banking regulations. The restrictions will, however, crush the only available means for Dubai's many expatriate workers to send money to their families abroad. The regulated banking system is not a viable option for them. In India, for example, family members are likely to live in remote villages without the modern financial services institutions found in urban centers. They may be too uneducated or illiterate to utilize formal banking services, or too poor to afford the higher fees associated with highly regulated money transfer vehicles.
Most important, expatriate workers are likely to have fled areas of ethnic or religious strife, where minorities are subject to oppression and reprisals. Secrecy, anonymity, and security of financial transfers are critically important to such people, and perhaps essential to the survival of their families back home. Hawala makes it possible to work in Dubai and send money home securely. US-style financial disclosure regulations could destroy Dubai as a refuge for ethnic minorities in desperate need of employment outside of their home countries.
Instead of persecuting Dubai, the US government should be encouraging its embrace of globalization and social openness. It could also learn a thing or two from Dubai's remarkable example of decentralized power. Each of the seven emirates within the UAE retains a substantial degree of sovereignty and independence. Dubai has effectively opted out of OPEC oil production quotas despite the UAE's membership in the cartel. In an era of high oil prices, this kind of competition in the Arab world is welcome.
The UAE is in many respects the model Arab country. It is a staunch American ally that has apprehended several major al-Qaeda suspects. In diplomatic and economic terms, the UAE could not be friendlier to America. Critics have pointed out that two September 11 terrorists from the UAE moved money through Dubai. Yet several of the terrorists resided in New Jersey and Florida, moving money through these states as they completed their training.
If guilt by association is applied across the board, then Congress would have to scrutinize Saudi Prince Al-Waleed as the largest shareholder of Citigroup, a possible conduit of terror financing. After all, most of the September 11 hijackers were Saudi citizens. Tarring entire countries like the UAE with the "terrorist" brush is absurdly unfair, and blocking all Muslim investments in the United States would be impractical and self-defeating.
The national security issue is a red herring. In my own experience, security at Dubai's airport was rigorous. My baggage was searched thoroughly by hand. Interestingly, this search was faster and more thorough than the one I experienced upon entering or leaving the United States.
President Bush is correct, whatever his motives, to support Dubai Ports World's planned acquisition of some US port operations. Tragically, this and future foreign investments are threatened by the national security hysteria and anti-Arab atmosphere that Bush initially created. The net result may be less foreign investment in the United States as Middle Eastern investors take their petrodollars elsewhere.
OPEC'S Debt Obligation Crisis & Israel's Ties To Hamas Part 3 of 6
Afghanistan Distract Opium Trade. Israel and Iran. Dubai City, Dubai World with Oil Producing Country. Health care Bill is, total government take over.
OPEC'S Debt Obligation Crisis & Israel's Ties To Hamas Part 4 of 6
Gold and Silver they trust. Yemen Civil War, Distraction of Control, Taking Blood, and Vaccination.
OPEC'S Debt Obligation Crisis & Israel's Ties To Hamas Part 5 of 6
US Dollar will be dead by 2012. Mass Waking up SCARES them! The Road to Armageddon. Details to order the original DVD copy of Lindsey Williams documentary and lectures.
OPEC'S Debt Obligation Crisis & Israel's Ties To Hamas Part 6 of 6
Cost of Food, Sum Lords and Free Media Control.
The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. It was created in 1913 with the enactment of the Federal Reserve Act, and was largely a response to a series of financial panics, particularly a severe panic in 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved. Events such as the Great Depression were major factors leading to changes in the system. Its duties today, according to official Federal Reserve documentation, fall into four general categories:
1. Conducting the nation's monetary policy by influencing monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates.
2. Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system, and protect the credit rights of consumers.
3. Maintaining stability of the financial system and containing systemic risk that may arise in financial markets.
4. Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.
The Federal Reserve describes its structure as composed of five parts:
1. The presidentially appointed Board of Governors (or Federal Reserve Board), an independent federal government agency located in Washington, D.C.
2. The Federal Open Market Committee (FOMC), composed of the seven members of the Federal Reserve Board and five of the twelve Federal Reserve Bank presidents, which oversees open market operations, the principal tool of U.S. monetary policy.
3. Twelve regional privately-owned Federal Reserve Banks located in major cities throughout the nation, which divide the nation into twelve Federal Reserve districts. The Federal Reserve Banks act as fiscal agents for the U.S. Treasury, and each has its own nine-member board of directors.
4. Numerous other private U.S. member banks, which own required amounts of non-transferable stock in their regional Federal Reserve Banks.
5. Various advisory councils.
According to the board of governors of the Federal Reserve, "It is not 'owned' by anyone and is 'not a private, profit-making institution'. Instead, it is an independent entity within the government, having both public purposes and private aspects." The U.S. Government does not own shares in the Federal Reserve System or its component banks, but does receive all of the system's annual profits after a statutory dividend of 6% on their capital investment is paid to member banks and a capital account surplus is maintained. The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system's highest-level employees. The Federal Reserve transferred a record amount of $45 billion to the U.S. Treasury in 2009.
The structure of the central banking system in the U.S. is unique in the world. It is also unusual in that an entity (the U.S. Department of the Treasury) outside of the central bank creates the currency used
TheAlexJonesChannel — July 03, 2010
Alex Jones breaks down the takeover by offshore banking powers-- newly empowered by Congress' banking "reform," expanded taxes worldwide, as well as accelerated moves towards ending the Dollar's reserve status, including urging from a recent United Nations report.
This Fourth of July, the United States is indeed in peril; it is not only the Gulf Oil Spill, Russian spies and threats of war with Iran which Americans must worry about. Instead it is the quiet but deadly conquest by private, central banks, who lobbied Congress to once again vest new powers in the Federal Reserve and, by all indicators, further weaken the U.S. economy through its future actions.
The financial crisis has indeed been developed in such a way that no nation can ever repay all the debt, and control by global economic forces is all but inevitable.
"This is as big as World War I or World War II," Alex Jones comments.
"What is happening now is bigger than the banking takeover of 1913... it is a worldwide financial coup d'etat."
America Falling to Foreign Bank Takeover - Part 2 of 2
America Falling to Foreign Bank Takeover - Part 1 of 2