Monday, June 04, 2007

What’s really causing the skyrocketing cost of oil these days?

The bottom line is there’s no competition in the market place... The more interesting aspect is this dollar problem we’re having...we need high oil prices, literally, to keep the dollar from just crashing through the floor.
-- Dean Henderson, Author
Big Oil and Their Bankers in the Persian Gulf

This new book, Big Oil and Their Bankers in the Persian Gulf, is now available from the publisher HERE.

Big oil and Their Bankers pulls back the covers and exposes a centuries-old cabal of global oligarchs, whose control over the global economy is based upon the world's three most valuable commodities: oil, weapons and drugs.

Initially researched as a Master's thesis titled, "A Political Economy of Middle East Oil...", this book results from fourteen years of additional research. The author traveled to over thirty countries, uncovering a vast web of intrigues leading to the boardrooms of the worlds largest corporations and banks. Big Oil... shines a giant spotlight on the "money Power", which secretively rules the world.

You can watch an interview with the author, Dean Henderson, on Outside TV HERE.

As I reported HERE..... In the book entitled "The Federal Zone," the IRS and the Federal Reserve Banks are likened to two pumps, working in tandem: the banks pump money and credit INTO the economy, and the IRS pumps (sucks?) money and credit OUT of the economy. [Read more HERE]
As revealed in the above mentioned book, the same applies to oil in the current situation.

Always follow the paper money!

The corporations that grew up around the banks have deprived the people of all their prosperity, just like Thomas Jefferson said they would, and the current situation is that we are living in a world in which we possess much, but own little or nothing.

The U.S. Dollar, (a Federal Reserve Note) is overvalued by about 90 times more than it should be. One of the best measures of the money supply, M3, says that there is $9.1 Trillion dollars in U.S. banks as of April, 2004. Yet the U.S. government only has 261 million ounces of gold. Thus, there is 9,100,000 dollars for every 261 oz. of gold backing, and thus, $34,865 dollars for every one ounce of gold. Holding a federal paper dollar is a danger to the people of the state.
--Jason Hummel
25 Reasons why the Sound Money Bill Must Be Supported
July 8th, 2004
What is a dollar?.....

A Dollar is defined in Section 9 of the Coinage Act of 1792, which explicitly refers to “Dollars or Units—each to be the value of the Spanish milled dollar as the same is now current, and to contain three hundred and seventy one grains and four sixteenth parts of grain of pure...silver,” not gold. [Source]
P.S. I have enough current currency of the united States to pay off the national debt!

Was just checkin out your site. Thought you'd like to know that I've started a new blog called Left Hook, it can be found at the following address: http://deanhenderson.wordpress.com/
Keep up the good fight.
Dean Henderson
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