• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

As US Prepares To Tap Strategic Oil Reserve, Crude Prices To Surge On Asian Disaster Preparation

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Sun, 03/06/2011 - 11:34 | 1023423 Hdawg
Hdawg's picture

"Senator Jay Rockefeller on Thursday became the third Democrat to ask President Barack Obama to tap America's emergency oil supply"

Given this Morano's famliy it's no surprise is it.

 

Beware The Days Of Purim 19th-20th March 2011

Sun, 03/06/2011 - 11:44 | 1023448 Michael
Michael's picture

Senator Jay Rockefeller is trying to hold his elitist regime together for his families interests.

Here is how the people of the world feel about the Rockefeller Family.

David Rockefeller confronted at Chilean Airport during vacations (ENG/SPA)

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

Sun, 03/06/2011 - 11:52 | 1023464 theXman
theXman's picture

I can't believe how stupid there people are. This is absolutely no the time to use SPR:

1) Libya's lost oil output is less than 1% of global production. What are you going to do when Saudi is knocked out ?

 

2) US economy is less sensitive to oil price than China, why should US sacrifize SPR to lower oil price for China?

 

3) Last but not least, $100 will be the floor price for oil in a few years. In other words, it is very cheap! If we release SPR now, we will need to refill the tanks at higher price in the future. Sell low buy high? Just brilliant.

 

 

Sun, 03/06/2011 - 11:57 | 1023469 EscapeKey
EscapeKey's picture

4) There's no immediate election of significance.

Sun, 03/06/2011 - 12:30 | 1023522 spanish inquisition
spanish inquisition's picture

It may be of relevance if you ( a rockawho?) are aware that there will soon be a significant reduction in oil flowing from Libya. Something has to be done to allow troops in legally (more than just 50K mercenaries).

There are obligations to the corporations that hold the rights to the oil, to the corporations that supply the military and to your partners security interests in maintaining a controlled unrest in the area so they may pursue their ambitions.

The worst thing that can happen is peace in the middle east.

Our two weapons are fear and surprise...and ruthless efficiency...

Sun, 03/06/2011 - 13:39 | 1023673 Blano
Blano's picture

$4 gas is a bummer, not an emergency.

Mon, 03/07/2011 - 06:17 | 1025529 wintermute
wintermute's picture

Right on theXman,

Game theory would strongly favour leaving the SPR untouched until/if Saudi has production problems. Imagine the political disaster if they ran down the SPR for Libya to find nothing left if Saudi exports halted later.

Points 2 and 3 spot on analysis too!

Mon, 03/07/2011 - 09:30 | 1025707 Flakmeister
Flakmeister's picture

  I'll quibble with point 2.... Discretionary use of oil is the US is much higher, problem is that a lot of the economy is tied to that discretionary use. I don't think it is as simple as it appears.

I wholeheartedly agree that the SPR should be off-limits except for real emergencies, e.g. Katrina, large scale oil disruption or embargo. 

Sun, 03/06/2011 - 11:57 | 1023467 Hdawg
Hdawg's picture

Well said Michael,

10 points for telling us race of people ARE the elite regime?

 

Beware The Days Of Purim 19th-20th March 2011

 

Nice one theXman ... breaking up our valid thread.

 

 

Sun, 03/06/2011 - 12:07 | 1023482 Michael
Michael's picture

Nepotism is a disease. That's all I'm going to say about that.

Sun, 03/06/2011 - 12:55 | 1023574 Woppopotamus
Woppopotamus's picture

You have got to stop hijacking every single thread. Its making the comments a huge pain in the ass to read.

Sun, 03/06/2011 - 12:59 | 1023584 snowball777
snowball777's picture

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Sun, 03/06/2011 - 13:18 | 1023627 Flakmeister
Flakmeister's picture

Completely irrelevant shit as well.. I mean, like not everything is a Jewish Conspiracy... Next thing will he'll be posting "Protocols of the Zionist Elders"

Michael, Take your hate agenda elsewhere.

Sun, 03/06/2011 - 13:34 | 1023657 Spalding_Smailes
Spalding_Smailes's picture

Not big on the Jew bashing thing as well. You can't blame a group of people for being smart at business decisions.

I wish my great grandpa started an import • export business in the 20's or started a business that was still booming today. For the most part I see a hard working people who enter business with an eye toward the future. They also teach their kids about life at a young age not leaving this important task to the t.v. or public school system.

Sun, 03/06/2011 - 13:40 | 1023676 DaveyJones
DaveyJones's picture

I don't know Flak, we really could use a Jewish conspiracy these days I mean how long did they make that temple oil last?

Sun, 03/06/2011 - 13:41 | 1023682 Orly
Orly's picture

And the endless fish from a basket...don't forget about that one, too.

Sun, 03/06/2011 - 13:53 | 1023699 Spalding_Smailes
Spalding_Smailes's picture

Hey, that was Jesus = Special. He was not Jewish per se, born of the holy spirit. Not from under the covers bang,bang. ;-) Just say'n ...

Sun, 03/06/2011 - 14:36 | 1023808 Orly
Orly's picture

Separating fact from fiction or myth...

and not to be picky but Yeshua bin-Josef was indeed a Jewish rabbi who studied under the tutelage of John the Baptist and in the school of the Essenes.

He rejected the Talmud, the oral Torah (Mishnah...), which basically said that Jews could lie at will to people who weren't Jews, in much the same way that Muslims can treat "infidels" any way they want because they weren't really people.

Jesus rejected this idea out-of-hand, so I suppose one may say that he wasn't a "real" Jew.  When he wanted to take his ideas mainstream, with the secret sponsorship of Joseph of Arimathea, a member of the Sanhedrin, he and his pals went to the Temple with weapons, expecting to prompt a popular uprising that did not materialise.  He got busted and convicted.

A special place was erected for this rebel of the (Jewish...) State and he was nailed (only done for very special convicts...) to a cross and erected directly outside the gates of Jerusalem, so that all who entered or left the City could see that any dissent from the Oral Law would not be tolerated.

Some also say that Joseph paid Pilate to release Jesus but Pilate couldn't just let that slide, so a surrogate was put in his place- the "betrayer" Judas Iscariot.  Jesus may have been married to Joseph's daughter, Mary.

 

Now, this is not to take away anything from their achievements.  In fact, quite the contrary.  Yehsua was a rabbi, so he was well aware of the expectations of the Messiah to the people and Joseph had enough money to make it happen.  Water into wine, the endless fishes, entering the South gate on the back of an ass...

It was manipulation of public perceptions and beliefs, pure and simple.  But think of the huevos it took for these men to try to pull this off!  Against the most powerful empire the world had ever known; against the power of the rulers of the Temple of Jerusalem.  Twenty guys or so go in with swords ablazin'!  Wow.  I'd have loved to have been there that day, I tell you.

That having been said, it is clear that the teachings of Christianity are by far the best thing that have ever happened to this planet and I, being a devout atheist, thank God for that.

Good will always triumph.

Always.

_______

If my opinion offends, I apologise but the facts add up and can be found in the writings of many modern scholars, most notably Joel Carmichael, particularly the book The Death of Jesus.  Fascinating and very, very enlightening.

http://en.wikipedia.org/wiki/Death_of_Jesus_(book)

Sun, 03/06/2011 - 20:59 | 1024743 Orly
Orly's picture

Awesome.  Thanks for the link.  I loves me some religious history.

Sensationalistic?  Well, maybe, but the read of Carmichael's book was a rather toguh slog in parts, I will admit.  Dry as dirt.

I appreciate it.

:D

Sun, 03/06/2011 - 13:55 | 1023711 DaveyJones
DaveyJones's picture

Omega 3 oil, oil again

Sun, 03/06/2011 - 13:43 | 1023684 Flakmeister
Flakmeister's picture

Cute...

Sun, 03/06/2011 - 13:40 | 1023675 Blano
Blano's picture

Thank you.

Mon, 03/07/2011 - 01:39 | 1025389 Michael
Michael's picture

It only took 12 words from my keyboard to get this fabulous discussion going without using any ethnic epithets.

I am proud of myself and all who added to this discussion.

Carry on.

Sun, 03/06/2011 - 17:39 | 1024283 Freddie
Freddie's picture

Michael - you do know that the Chase in JP Morgan Chase is the Rockefellers.   I think Chase controls Morgan.  Morgan was always a puppet for another family in Europe anyway.

Sun, 03/06/2011 - 12:19 | 1023500 Twindrives
Twindrives's picture

What dumbass Rockefeller hasn't figured out is that  Obama will use the strategic reserve to fuel Homeland Securities'  plan to crush the citizen's revolution that is coming to the United States of America. 

 

Jets, helicopter gunships, armored vehicles, police forces that Obama will use to crush patriot uprisings. 

Sun, 03/06/2011 - 12:32 | 1023527 Citxmech
Citxmech's picture

Calling any future uprising the result of "patriotism" misppropriates the word IMHO.  If the population was going to stand up for values articulated in the Constitution, it should have happened after the implimentation of the "Patriot Act," and the sanctioning of warrantless wiretapping, and other Constitutional abuses.

The coming "uprisings" will just be folks who freaking out because they have lost the benefits of our unsustainable lifestyle and now have to confront the reality that most of the world already lives in:  Abject poverty.

Welcome to the backside of the curve...

Sun, 03/06/2011 - 12:36 | 1023535 Michael
Michael's picture

We didn't have enough Internet power back then. We do now.

Sun, 03/06/2011 - 16:43 | 1024136 Abitdodgie
Abitdodgie's picture

You forget as 98% of people in America are 14th Amendment citizens, which means they are on board with the Government in the form of contract, so the government can do what the fuck it wants to them.

Sun, 03/06/2011 - 12:42 | 1023543 Oh regional Indian
Oh regional Indian's picture

Twin, the weapons you mention are very 20th century...

Try this:

 

Non-Lethal Weapons

U

Non-Lethal munitions applications will be used by military personnel to apply the minimum force necessary while performing missions of crowd control and area security at key facilities around the globe. These devices will aid military forces/commanders in situations of hostages rescue, capture of criminals, terrorists, or control of other adversarial persons.

Malodorants and irritants are two types of nonlethal weapons designed to temporarily mark, incapacitate, or drive away persons from an area. Environmental assessments have been performed on the malodorants Bathroom Malodor and Who-Me?, and the irritants Oleoresin Capsicum (OC), CS-Mace, and CN-Mace.

A running gear entanglement system (RGES) is proposed to protect Navy ships in port, and other waterside assets such as museums and marinas. The entanglement device will foul the propeller of unauthorized vessels attempting to approach restricted areas.

A pulsed-energy projectile (PEP) is under development that uses a chemical laser technology to produce a large flash, bang, and shock wave to temporarily disorient and incapacitate individuals in a crowd.

The advanced tactical laser (ATL) concept involves an infrared laser carried in an aircraft for air-to-ground strike missions, providing pinpoint accuracy and minimum damage.

Anti-traction material (ATM) is a very slippery, gel-like substance sprayed on ground surfaces to prevent access to areas by people and vehicles.

Nonlethal airburst munitions are 20mm weapons designed to emplace liquids, aerosols, powders and other objects at a precise location in space.

Thermobaric technology is a nonlethal weapon, in development, that causes extended flash, sound, temperature, and pressure conditions to disorient and/or temporarily incapacitate individuals.

Minor injuries can and will occur (bruises, stings, etc.) to individuals who are struck by payloads of Non-Lethal munitions. In fact, even if properly employed severe injury or death are still a possibility. Non-Lethal weapons shall not be required to have a zero probability of producing fatalities or permanent injuries. However while complete avoidance of these effects is not guaranteed or expected, when properly employed, Non-Lethal weapons should significantly reduce them as compared with physically destroying the same target.

For the guns and ammo folk on this thread, I'll say you do not stand a chance.

You have to get smarter, not stronger. Legends like David and Goliath have survived the test of time for a reason.

Rock paper scissors is also so old school.

Think: Air, Fire, Water...

ORI

http://aadivaahan.wordpress.com/2011/03/04/astrological-and-other-deep-insights-from-ca/

 

Sun, 03/06/2011 - 12:50 | 1023564 Citxmech
Citxmech's picture

But remember, North Vietnam "didn't stand a chance" either - I've heard it said that they never won a battle - of course they did win the war.

 

Sun, 03/06/2011 - 13:00 | 1023583 Oh regional Indian
Oh regional Indian's picture

If they had then what they have now....

Microwave crowd control? Subliminal messaging on a massive scale? Micro-nukes...

Also Nam was a war the US was never meant to win. Terrible for the forces.

It was all about DRUGS. As was the Korean War. DRUGS.

And OIL is just another DRUG.

No wars in the last century were fair. They all had pre-meditated outcomes.

As soon as sufficient damage had beed done and loot had been looted, distributed.

ORI

Sun, 03/06/2011 - 13:16 | 1023619 Orly
Orly's picture

Absolutely corrrect.

The only way we're going to win- if it comes down to it (but I don't think it will...)- is to have a whole load of geniuses on our side who can construct a re-focusing microwave cannon out of paper towel rolls, an old tube of toothpaste and a metal rubbish bin.

In short, we need McGyver.

We have to work with our brains and not set ourselves up to be cannon fodder.

Sun, 03/06/2011 - 13:57 | 1023717 Oh regional Indian
Oh regional Indian's picture

Zigackly Orly. Smart, not hard. It works every time.

ORI

Sun, 03/06/2011 - 16:25 | 1024084 InconvenientCou...
InconvenientCounterParty's picture

Fighting a giant with a million slings and arrows might work or it might not. Arguably the most in demand commodity on the face of the planet is productive labor. The fractional reserve parasites need it to survive. You want to take them out? Organize a general strike.

Sun, 03/06/2011 - 13:02 | 1023593 ElvisDog
ElvisDog's picture

Yeah, I say BS to that too. It's a matter of numbers. 300 million civilians versus maybe 10 million police, national guard, etc. The way revolutions work is that initial government response incites more people to join the revolution. There is a tipping point where the numbers just overwhelm the government forces. Also, there is a point where the government forces start to defect to the other side.

Sun, 03/06/2011 - 13:34 | 1023661 dehdhed
dehdhed's picture

yup, if they start using these tactics, then even this pacifist will begin throwing rocks.

Sun, 03/06/2011 - 13:56 | 1023714 Oh regional Indian
Oh regional Indian's picture

Elvis, this time it si different.

What if Blackwater (Xe) brought in 50,000 battle-hardened mercs from the world over, on contract...

Remember the Iraqi Surrender? Really worth digging deep into, those were no cowards but battle hardened veterans of th eIran Iraq conflict.

You/we have no idea what we are up against then the pin does drop.

Patriotism/jingoism is what is counted on to in-flame crowds, who then jump off the closest cliff...in rage.

Command and control, overwhelming firepower, mind-blowing, tested crowd control technology, infiltration........

It's different this time. 

I'm not advocating being a coward and hiding, all I'm saying is think smarter.

To Orly's point above, bring on the McGyvers, not the range trained shooters.

ORI

 

Sun, 03/06/2011 - 13:12 | 1023612 dark pools of soros
dark pools of soros's picture

those are defensive...  most bunker folks aren't leaving their bunker to join riots..  so the logistics change a bit...   if you are talking thousands of flying drone attacks, then that's the endgame

Sun, 03/06/2011 - 13:17 | 1023622 Orly
Orly's picture

Tell it to John Conner.

Sun, 03/06/2011 - 17:01 | 1024181 Abitdodgie
Abitdodgie's picture

Drones are only as good as the operator , take out the operator then there is no drone

Sun, 03/06/2011 - 13:18 | 1023621 Things that go bump
Things that go bump's picture

ORI, that puts me in mind of the charge of the Light Bragade or the Polish cavalry charging a Panzer division - gallent but doomed and ultimately stupid.  We need to investigate the virtures of a disorganized resistance.  Gorilla warfare is much more productive.  

http://www.harrysnews.com/tgTheVirtuesofaDisorganizedResistance.htm

 

 

Sun, 03/06/2011 - 13:45 | 1023689 Oh regional Indian
Oh regional Indian's picture

Spot on ThingsTGB. Briliantly dis-organized.

David knew he was a dead shot and he knew goliath's weakness, that was fearless genius.

Very cool article, spot on with why it would not work in the US like it might in a more homogenous country.

ORI

 

Sun, 03/06/2011 - 14:32 | 1023792 Coast Watcher
Coast Watcher's picture

Goto:

http://globalguerrillas.typepad.com/

to start learning about open source insurgency.

 

Sun, 03/06/2011 - 14:39 | 1023813 Citxmech
Citxmech's picture

"We need to investigate the virtures of a disorganized resistance. Gorilla warfare is much more productive."

I think the big question - is what are resisting against?  The resisters want the system to continue as much as TPTB - to strike out at the power structure, we strike at ourselves.

The reason we're in this mess this deep is because TPTB are trying to keep the old system on life support, when it should be buried because it's starting to stink.

Either way - if people can't afford to get to work or eat - they will be rioting just to survive - not because of any grand political ideals.

Sun, 03/06/2011 - 17:05 | 1024197 Abitdodgie
Abitdodgie's picture

 Taking out air bases is also very beneficial to knock out air support which will not be doing the rest of the country any good , after all how many fighter jets want to destroy there own base

Mon, 03/07/2011 - 03:21 | 1025478 Hook Line and S...
Hook Line and Sphincter's picture

There are many out there who will not allow their enlisted brothers (blood related) leave their homes in a conscious and/or breathing state when the time comes. Sad, but necessary.

Sun, 03/06/2011 - 11:33 | 1023424 buzzsaw99
buzzsaw99's picture

Using the SPR to manipulate prices is pathetic. JPM is behind this move somehow I just noes it.

Sun, 03/06/2011 - 11:53 | 1023456 Miles Kendig
Miles Kendig's picture

Using the SPR to manipulate prices is pathetic

And a lost cause under current circumstances.  A fine tell tale as to not only how clueless policy makers are, but of how scared they are that the blocks of WIC cheese being dropped by helicopter are losing their effectiveness.

Hey Mohamed El-Erian -- You were discussing the astuteness of established governance and its ability to maintain stability by acting proactively & preemptively?!  ROFLMAO

A third group of countries, including in the GCC, will likely avoid regime change. Governments have the willingness and ability to respond proactively and preemptively. They start with greater political and social legitimacy, as well as better means to help citizens deal with economic and social pressures. Indeed, some have already shown considerable skillfulness in understanding the dynamics in play and have reacted accordingly.

http://blogs.reuters.com/great-debate/2011/02/28/differentiated-change-i...

Sun, 03/06/2011 - 11:58 | 1023468 buzzsaw99
buzzsaw99's picture

just -1 mb/d for two years = spr bye bye.

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