The Famous/Infamous JF (Jim) Straw July E Letter - Here for your reading pleasure...

As far as the oil crisis is concerned, i seem to remember a book called What Oil Crisis or something, that suggested that there was PLENTY of oil off the northern slope of Alaska. In fact, what I've read elsewhere seems to indicate that there are vast reserves of oil there... and in the gulf of Mexico.

If some of our people would get off their backsides and do a little checking, we'd find there is at least enough oil for a few more years.

Sheesh!

Millard

Unregistered,

Thanks for linking to Cheryl-Lynné's Hypertiger Wisdoms Blog.

I particularly like this bit from her September 18, 2007 entry...

"The US Dollar is the global trade medium of exchange...Which price will cause more demand for the US Dollar since from 1944 you need US Dollars to purchase oil from the Global market? 40$ a barrel or 80$ a barrel?

...

So the oil co.s get the tripling in returns and the US taxpayer gets the bill and blames it all on Islamofascism, not the profiteers. More of a bottom suffer the consequences and the top who ultimately are the cause of everything escape the consequences."

Obviously, she can also put the jigsaw pieces together. Another Awake person.

Michael Ross

http://www.youtube.com/watch?v=NIwlKyz6LvU

Ron Paul explains the increasing price of oil as being due to the depreciation of the dollar by the Federal Reserve, and a warmongering policy in the Middle East. He notes that oil was $27 a barrel when Bush went to war to protect "our" oil. He mentioned a WSJ chart that shows that oil is up 350% in terms of dollars, 200% in terms of the Euro, and flat in terms of gold

She (or is it "HyperTiger?) has some strange ideas too. Here is a quote from a May post:

"All economic systems operate by the top sucking from the bottom... There are numerous arguments which have been created to explain why or discount it but the truth is rich people get rich by making people poor...The top takes more than it gives... Eventually the top has everything and the bottom has nothing... "

Originally Posted by MichaelRoss

Unregistered,

Thanks for linking to Cheryl-Lynné's Hypertiger Wisdoms Blog.

I particularly like this bit from her September 18, 2007 entry...

"The US Dollar is the global trade medium of exchange...Which price will cause more demand for the US Dollar since from 1944 you need US Dollars to purchase oil from the Global market? 40$ a barrel or 80$ a barrel?

...

So the oil co.s get the tripling in returns and the US taxpayer gets the bill and blames it all on Islamofascism, not the profiteers. More of a bottom suffer the consequences and the top who ultimately are the cause of everything escape the consequences."

Obviously, she can also put the jigsaw pieces together. Another Awake person.

Michael Ross

As they say...

Ideas and Problems are all around us...

The News can definitely be depressing...

But paying close Attention to Hot Topics can Lead you into all kinds of Money making ideas...

Innovative Thinking and Duplicating other business models into possible solutions is always something to...
http://www.thefreedictionary.com/contemplate

Just caught this one on the 24hr US News...

According to the news feature about 6,000 people have signed up so far...

My Gallons, Pre-Purchase Gasoline Online To Save Cash: MyGallons.Com

http://www.postchronicle.com/news/or...12155620.shtml
http://mygallons.com/how_it_works.html

Phil

Bill,

Thanks for quoting some of HT's writing.

What she's getting at is best explained by example...

A labor hire co will hire out a worker at, say $40 an hour - but - only pay that worker $18 an hour. Thus, the Top (boss) takes more ($40 an hour) than it gives ($18 an hour).

Following the logic to the very end... larger companies buy up smaller companies until there are no smaller ones left that can compete. From the hands of the many the money flows to the hands of the few.

This is how she sees it.

Her Lord example is also interesting...

The Lord of the land says... to live on my estate you must pay me 1 gold coin. The peasant asks how this coin can be obtained. The Lord says, grow some food and I shall buy it from you for a coin. So the peasant grows food and sells it to the Lord for a coin. Which they then give back to the Lord as payment for living on the land. The Lord now has food and the money, the peasant neither or only very little of either. As the Lord is the buyer and the landlord, he can Manipulate prices to make himself richer and keep the peasant a peasant.

Her other main point is... our System is Doomed to implode because we fund it with ever increasing debt (inflation) and it can only go so high. At which point we have deflation (decrease in the money supply) and the system collapses. The only way to stave off the deflation is with ever more spending and debt - but - people can only Service so much. At which point... collapse.

With the people not buying - and $US leaving the US to buy foreign goods - the other countries do not have $US with which to conduct international business or buy oil (as oil is traded in $US) and they start to go down hill too. Global meltdown. And we start again of we have Cleansed.

Another interesting point she makes is... it's the Bond market which changes interest rates first. The FED only makes those changes in reaction to the bond market. Any Studiers/watcher of bond rates know if this is true... the Fed makes changes after the changes appear in the bond market?

And to hide that it's the system which is flawed, there are puppets. The chairman of the Fed can be blamed, or blame his predecessor. The new POTUS can blame the leaving POTUS.

Michael Ross