View single post by Joe Kelley
 Posted: Sat May 10th, 2008 11:30 am
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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http://www.tomdispatch.com/post/174929

Returning to the above link a quote applies to the economic law (whatever name that one may want to use to label that law):


Though few fully realized it, this represented a significant erosion of sovereign independence even before the price of a barrel of crude soared above $110. By now, we are transferring such staggering sums yearly to foreign oil producers, who are using it to gobble up valuable American assets, that, whether we know it or not, we have essentially abandoned our claim to superpowerdom.

According to the latest data from the U.S. Department of Energy, the United States is importing 12-14 million barrels of oil per day. At a current price of about $115 per barrel, that's $1.5 billion per day, or $548 billion per year. This represents the single largest contribution to America's balance-of-payments deficit, and is a leading cause for the dollar's ongoing drop in value. If oil prices rise any higher -- in response, perhaps, to a new crisis in the Middle East (as might be occasioned by U.S. air strikes on Iran) -- our annual import bill could quickly approach three-quarters of a trillion dollars or more per year.

While our economy is being depleted of these funds, at a moment when credit is scarce and economic growth has screeched to a halt, the oil regimes on which we depend for our daily fix are depositing their mountains of accumulating petrodollars in "sovereign wealth funds" (SWFs) -- state-controlled investment accounts that buy up prized foreign assets in order to secure non-oil-dependent sources of wealth. At present, these funds are already believed to hold in excess of several trillion dollars; the richest, the Abu Dhabi Investment Authority (ADIA), alone holds $875 billion.
 

Look, please, at this sentence:


This represents the single largest contribution to America's balance-of-payments deficit, and is a leading cause for the dollar's ongoing drop in value.


Step back and please re-consider what you know or think you know about our world. Borrow my method of dealing with all the complexity of our world as it exists and see the simple truth. Power is a necessary item, or supply, that ensures the survival of any living being.

See this easily. What happens if the Sun stops supplying power to the human species? Think about that in context to our current situation.

Will the Legal Criminals running the U.S. government fraud attack Iran for any reason at all when the Sun stops sending power to the human species?

The answer is clearly no. There would be more important sources of power to steal and consume before the inevitable end of our species. Those who have power will use that power to steal and consume the remaining power needed to ensure survival.

Without the Sun there is no hope for the human race.

Work with me here for a little longer. Suppose the Sun kept on shining, but oxygen left the plant earth. Oxygen is another source of power. Suppose our human world suffered through an oxygen crisis. Think about that and consider where oxygen is produced. Would the U.S. Criminal government invade and secure the Amazon rain forest so as to steal the oxygen produced from that forest? Would they torture and mass murder all the indigenous population until such time as the natives signed the oxygen law?

How much would the cost of a gallon of oxygen rise toward? How much oxygen could you afford to purchase with your monthly pay-check?

Water is a source of power. Do you people really think that water (hydrogen and oxygen) cannot possibly fuel an automobile? What makes you believe that the world is round?

If the powers that be decided to program their victims into a false belief in the health benefits of smoking tobacco would you, could you, think that such power was possible?

My advice is to get off the Dooms Day Parade and think about the forces involved in the concept that I have tried to communicate to you. In desperation I’ve labeled that concept with the label: Joe’s Law.

I may or may not find the power to work on applying Joe’s Law toward the Liberal/Conservative duplicity, where the legal criminals managed to divide and conquer their victims. That same duplicity goes by the names Capitalism and Socialism.

How about answering a question?

Is the military a conservative/capitalist entity? There is no better example of socialism than an involuntary military relationship and that relationship does not have to be called: conscription. People can be ‘inspired’ to join no their own power to discriminate right from left.