- advertisements -
this article nails it.
Libyans better work their children into making cheap I love NY t-shirts because this free oil from the land of their forefathers thing is ending soon. China is middle class now so middle east /asia minor must become the next lower working slaves.
Question for ZHers: Should the creation of the Libyan Rebel's Central Bank be interpreted as the existence of Weapons of Mass Destruction?
Irrelevant question. US overthrows government whenever neocons feel like it. It is like a big game. Not really need more oil. But for fun. Bored old guys.
We have enough geniuses to create the atomic bomb and fly into space but we can't have energy independence? Because invading is cheaper.
The technology of oppression in a few words: fiat-money, interest-peonage, central-banking, social-engineering, mass-media, primary-dealers, deficit-spending, minority-rule, war.
All hail the one-world cryptocracy!
I have trouble with the thought that Utopia can spring from the printing press (governments printing their way to prosperity). Sorry, but the ONLY reason it's working for Lybia is because they have a very precious export (oil), which allows them to import much of what they don't have. I'm sure that if Print-To-Utopia did in fact work that North Korea wouldn't be the shit hole that it is.
Good intentions don't necessarily translate to "good." With regards to the Lybian government's project to pumping the aquifer, anyone want to bet that it's being drained faster than it's being recharged? Building on the unsustainable is a fool's game...
It's just another government, made up of mortals. No miracles here (nor anywhere else).
As far as technology producing utopia, sorry, ain't going to happen: Technology is a recipe, it's not actual PHYSICAL resources; and, be sure to check out Jevons Paradox.
Utopia springs from the blood of Arabs, the anti-white genocidal power of unchecked immigration and anti-white racism, and cheap plastic junk manufactured by yellow mindslaves. All hail King David! All hail utopia!
Some pieces of the puzzle that don't necessarily fit well with the author's conclusion-
1) In order to sell oil, YOU NEED A BANK, it is not a cash and carry business, especially at $200M per pickup, even JPM & GS doesn't keep that many FRNs around.
2) The uprising in Libya has been supported by high ranking officials of the regime, since the beginning (long before the public Foreign Ministry defections, the MoI threw open the armory doors in Bengazi to the rebels, that is how they were initially armed and what prompted QDaf to begin his bombing campaign). These individuals understand the need for oil $ to keep both a new government running and an army supplied in the field.
3) QDaf has always oscillated between Pan-Africanism and Pan-Arabism, Iran has him beet in spades when comes to changing the FIAT of choice in the local oil trade
4) The Saudis (and by extension the GCC- ex UAE, for now) are the primary drivers of the oil for hard currency movement
5) The Russians & Chinese have switched from dollars to Yuan & Rubbles for the huge bilateral energy trade settlements
6) BIS is not a dollar hegemony club, factions can be delineated in $ vs. €, G7 ($, €, ¥, ?, CAD) vs. G20, independent vs. pegged currencies, etc. See BIS Member list below
Members are the central banks or monetary authorities of:
Algeria, Argentina, Australia, Austria, Belgium, Bosnia and Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Croatia, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong SAR, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Korea, Latvia, Lithuania, Macedonia (FYR), Malaysia, Mexico, the Netherlands, New Zealand, Norway, the Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, the United Kingdom and the United States, plus the European Central Bank
6) Some pundits talk about the IMF being the brain trust of a financial NOW, but while the IMF has gold reserves and makes loans (with expensive conditions in regards to domestic fiscal policy), the IMF is more likely to serve as an implementation organ of the BIS brain trust, which actually developed the regulatory framework for international banking and focuses on monetary policy (both F/X and interest rate). Finally BIS’s charter allows increased representation for rising powers (BRIC) to be implemented in an easier fashion than in the IMF.
"Applying the State Theory of Money, any government can fund with its own currency all its domestic developmental needs to maintain full employment without inflation" - bwahaha, too bad it didn't quite work out for the Weimar Germans, Zimbabweans, Yugoslavians and some 100 other peoples plagued with (hyper)inflation of their own government's making.
All wars are fought over turf or resources (AKA money). Other reasons put forth by the state are bullshit.
clash of civilization smoke screen. Now a backwardation oriented scream fed on plastic cutter terrorism by surrogate serfs turned rabid contrarians.
the US never should have bombed libya... it really comes down to that
is freedom worth dying for or not... confusing the the libyan civil war with US half interest calls into question our resolve to reign in every other problem of our own making... do we not care if we loose wars
i think we should have let libyans choose their time and place... calling people dictators and then bombing them and not knowing if its something your going to follow thru with... mid east foreign policy
a sure mix to turn the whole region into a israel clone fasist shit hole of ignorant fear
I have said on a number of occasions on several message boards: "If the US government and military were not corrupted by the system they serve, we would be bombing Basel instead of targets in the Middle East". It is the only way to be truly free.
... and what is it with the pyramid motif? ... you'd think those ancient creatures would be able to expand their repertoire a touch... or are they just taunting the stupid by flaunting it?
An article on the BIS web site states that central banks in the Central Bank Governance Network are supposed to have as their single or primary objective "to preserve price stability." They are to be kept independent from government to make sure that political considerations don't interfere with this mandate. "Price stability" means maintaining a stable money supply, even if that means burdening the people with heavy foreign debts. Central banks are discouraged from increasing the money supply by printing money and using it for the benefit of the state, either directly or as loans.
Everything we are taught reinforces this false premise. How has this worked out so far after centuries? Great if you are part of the banking cartel. Price stability? Are you fucking kidding? Independent from government so they can control the economy to their liking through subversive means.
The Bank of North Dakota is an interesting model. The only state owned bank in the U.S. .
Can we expect Obama to invade them next?
LOL...that's NATO's job.
Of course they created a central bank - who else is going to be the next new buyer of size for treasuries
Libya not only has oil. According to IMF, its central bank has nearly 144 tons of gold, in its vaults
Libya not only has oil. According to IMF, its central bank has nearly 144 tons of gold, in its vaults
not for long. the hofjuden got Libya's gold now; or soon enough.
That really is both sad and funny. The only thing that is more ironic is that money is an ingenious form of slavery used to make people due both productive things and very disturbing things. (Where would the motivations for theft, fraud, most murders, war and most other crimes be without that marvelous invention"money"?). The ladies and their husbands are slaves to money.
My own personal feeling is that there may be privileges that come with the lord high masters of fiat and using that enslavement vapor to engorge the world with waste and destruction ... but it is not for me.
I am sure all of the Wall Street types are very proud of the money the steal (through fraud and embezzlement). It is what defines their lives... but pride is not a virtue. Personally, I like simplicity, to sleep well at night and to wake up in the morning with something worthwhile to do.
They really are reptiles. I guess I could lie, cheat and steal my way to much more money, but there is something inside me that does not allow me to do so. I think it is called morals.
To become a CEO or wife of a CEO of wall st. bank, they give you an interview where you have to prostitute your retired mother to the highest bidder. Jews get around this by waiting until their mothers pass away before applying for the job.
they sleep well too....w/ lots of sleeping pills
Let's see. I posted a little list of non rothchilds owned central banks.
There are now only 5 nations on the world left without a Rothschild controlled central bank: Iran; North Korea; Sudan; Cuba; and Libya.
They got less than a year left before clock runs out and they are may not even be batting 200 before libya is done.
So you're central banking story here kinds of puts fucking jerseys on the players.
So now we know who really wrote that Axis of Evil speech.
"Axis of evil" is a term initially used by the former United States President George W. Bush in his State of the Union Address on January 29, 2002 and often repeated throughout his presidency, describing governments that he accused of helping terrorism and seeking weapons of mass destruction. Bush labeled Iran, Iraq and North Korea as the axis of evil.
[Tweaked by] Bolton: "Beyond the Axis of Evil"
On May 6, 2002 future United States UN Ambassador John R. Bolton gave a speech entitled "Beyond the Axis of Evil". In it he added three more nations to be grouped with the already mentioned rogue states: Libya, Syria, and Cuba. The criteria for inclusion in this grouping were: "state sponsors of terrorism that are pursuing or who have the potential to pursue weapons of mass destruction (WMD) or have the capability to do so in violation of their treaty obligations". The speech was widely reported as an expansion of the original axis of evil.
[To further include] Rice: Outposts of Tyranny
In January 2005, at the beginning of Bush's second term as President, the incoming Secretary of State, Condoleezza Rice, made a speech regarding the newly termed outposts of tyranny, a list of six countries deemed most repressive. This included the two remaining Axis members, as well as Cuba, Belarus, Zimbabwe and Myanmar.
New...in Outposts of Tyranny today!
[April 13, 2011] Belarussian authorities arrested a man who allegedly detonated the bomb that killed 12 people Monday in the Minsk subway, and the former Soviet republic's president said his political opponents should be questioned about whether any of them were behind the attack.
Probably just more al Qaeda freedom fighters waging war against WMDs in rogue banking nations...
After an initial outburst of capitalist reform from 1991–1994, including privatization of state enterprises, creation of institutions of private property, and entrepreneurship, Belarus under Lukashenko has greatly slowed its pace of privatization and other market reforms, emphasizing the need for a "socially oriented market economy." About 80% of all industry remains in state hands, and foreign investment has been hindered by a climate hostile to business. The banks, which had been privatized after independence, were renationalized under Lukashenko.
In spite of the Central Bank Law passed in 1994 guaranteeing its independence, President Lukashenko has a power to nominate and dismiss the Chairman of the NBB. and to formulate monetary and foreign exchange policy. Over the past years, preferential credits, administrative price setting, and decline of the interests rate spread below 15 percentage points in the second quarter of 1997 resulted in damaging consequences to enterprises and especially banks. As the process of exhaustion of the Central Bank's hard currency reserves exhibits a dangerous tendency, government introduced restrictions on currency transactions. These have resulted in inconvertibility of the Belarusian ruble for the current transactions since March 1998.
Ya isn't it weird how all the countries that don't have rothchilds central banks how their presidents or leaders are just crazy as batshit? Do you think there might be external forces that makes them just a tad bit off thier rocker?
"state sponsors of terrorism that are pursuing or who have the potential to pursue weapons of mass destruction (WMD) or have the capability to do so in violation of their treaty obligations".
America was first to have nuclear weapons. Weapons of mass destruction. England and US were first to have plastic explosives making mass destruction take a few pounds of c4 instead of hundreds of pounds of black powder. Making nitrocellulose based cartridges possible, making machine guns possible. Amercia needs to preach about weapons of mass destruction about as much as son of sam needs to preach about gun control.
I'm still trying to digest the contents of the material in this link posted a few days ago by a commenter on CogDiss's article An Inconvenient Truth.
You not only have to follow the money but more importantly, the history of money...
There are now only 5 nations
There are now only 5 nations
you're forgetting China
Sudan has been in need of a "humanitarian" mission for years. What are they waiting for?
wow lucky gadaffy , h4e gets to kill his own cebtral banker, living the aMERICAN DREAM
Libyan Rebels needs their own Central Bank to get access to Bernanke's free money spigot. I wonder who is advising the rebels ... GS? JPM? ... they must be reaping some hefty fees.
It's still largely about oil (natural resources). To write Libya off as only a "2%" of production, might not be wise.
Libya at #5 reserves per capita. Pretty good bang for the buck, eh?
Don't forget that giant aquifier too....
But of course, banking and natural resources go hand-and-hand.
Let's welcome our new member, Libya!
When there's sarkozy, there's oil, gold etc...when there's oil, there are banks...not just any bank...the gang's banks...the Joe Dalton's banks...this is not a surprise...
Follow the money and you have your answer about Libya.
On second thought, check out this video 'Morgan Stanley 'Top 1%' Skinny Blonde Rips Off America!' at (http://youtu.be/DGiCUQUpLQQ).
It's amazing how easy it is to FLEECE this Country and laugh all the way to the bank!
So is the US a revived roman empire?
When US military goes on an offensive instead of defending, it is all about stealing natural resources. In Libya's case, it is oil.
That is the way of the empires...Spanish, French, British...
If they control the banking system, are they not able to determine the price and currency for purchasing oil?
The US military has been on offensive since the creation of the Fed.
A Fed without military is like a car without engine. It's useless.
Geez, putting history into proper context has never been easier.
What is the fucking point to a central bank and a reserve currency if you don't have firepower to beat the world into submission so the world accepts that fact?
Ahhhhh.... so Fiat currency IS backed by something.....
The use of force.
Force, intimidation, threats, manipulation, violence, propaganda .. you name it!
What is money? How do I get you to give to me what I want from you for the piece of paper that I hold in my hand? You know I'm able to print that paper endlessly. You know it's backed by a promise. But I want your stuff, your resources, your IP, your land possibly and all I have is this paper! Besides, my friends want to get some of the paper back for the services they provide when you and I make the deal. Stuff for paper.
Well, you better know that if you refuse to take my paper that has the name of my country on it that I have means and ways to make you take it. So, let's all agree on the fact that this paper is really what it is and that we can use the paper to get the deal done OR ELSE...
Fuck, if you don't take the paper or ask me anymore questions, I will go to the next guy who happens to be your long term enemy and take his stuff for my paper and tell him that we will protect him from you and your kind.
Now, do you take my paper?
Thank you. Ah, and by the way when the other guy calls you and says something about a pact or something to that extent that he supposedly has with us, just ignore it. He will ignore your story too!
Fuck, this is American imperialism.
Swiss francs are not backed by active military and have gained 40% against the dollar last 10 years.
If US spends all of their military resources to up maintain the reserve status, then US is playing for a loss. US relies on military because leaders are desparate.
The failure within last decade was that Bush necon powers even failed to profit from invasion of Iraq. Iran won. Iran successfully put abuffer between them and US by draining US powers in Iraq. We are currently fighting on 4 fronts while crude prices are sky rocketing. Meanwhile, US is letting China is build up their military.
It is much better to lead the world by convincing them to use the dollar without having to prove it using military might.
"Swiss francs are not backed by active military"
Want to wager on this? Perhaps not backed by an active military from Switzerland, but I can assure you that, with TPTB money hanging out there, the US military would be deployed for "humanitarian" reasons...
Switzerland is backed by need for a neutral party to wager bets on. Even Nazis did not attack their bookie's shop.
Incursion into middle east is not defense but occupation. That's a different type of backing. Al Queda is not complaining about Hong Kong or Switzerland. But US bankers (zionistas) who waste money then steal oil to replenish credit.
But...but...Georgie said they hate us for our freedoms!
Good book by a regretful, well-decorated, retired, shabbos goy.
Good link, thank you...
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.