Global Awareness

Cultural Awareness
| cultural | geopolitical | gold standard | economic | energy | solution |

China only has 7% of the world's arable land and fresh water, 3% of its forests and only 2% of its oil. And although China's land mass is roughly the same size as the United States, it has 4.5 times the population. In addition, China's enormous population is unevenly distributed, with 94% living in the south eastern part of the country. In the United States, this distribution would translate to nearly one billion people living east of the Mississippi River. MORE>>

United States President George W Bush has built his new policy of world democratic revolution on the assumption that democracy in foreign lands would automatically welcome US imperialism in the name of capitalistic free trade. In the Middle East, in countries such as Saudi Arabia, the native land of Osama bin Laden and 15 of the 19 hijackers on September 11, 2001, or even Egypt, democracy, if allowed to be practiced as a free political process that reflects popular opinion and historical conditions, will likely be problematic to US regional and global interests, which includes its and its allies' dependence on low-cost imported oil. The US has repeatedly tried to topple democratically elected governments, the latest example being the Bush White House's efforts to engineer a coup in Venezuela. MORE>>

To a Westerner, it is hard to fathom why events that happened half a century or even 1,000 years ago still hold such significance that they dominate Arab perceptions of Europeans and the American adventures in the Middle East. There were crusades in medieval times lasting over 200 years, all aimed at "liberating" Christianity's holiest sites from Muslim control. There is the 20th century history of Christian Europe's conquests of Arab land, in the dying days of the Muslim Ottoman empire's presence in the Arab world. Though each was unique in its own way, they all had one thing in common: in one way or the other, they turned out to be failures. MORE>>
Lessons Unlearned

 

As far as Saudis were concerned, the Twin Towers were far away. Many Saudis felt that, at least to a degree, the arrogant Americans deserved that disaster. Moreover, many Saudis remained in denial of their country's connection, often subscribing to the view, popular even among well-educated Arabs, that somehow the Israelis were responsible for the atrocity. And the surge of American hostility to Saudi Arabia, when it emerged that most of the hijackers were Saudi, fostered an ever sharper sense of Saudi prickliness. MORE>>

“A profound concern with Muslim identity and unity has been further stimulated by decolonization, demographic growth, industrialization, urbanization, and a changing international order associated with among other things, the oil wealth beneath Muslim lands. Modern communications have strengthened and elaborated the ties among Muslin peoples. There has been a growth in the numbers who make the pilgrimage to Mecca, creating a more intense sense of common identity among Muslims from as far afield as China and Senegal, Yemen and Bangladesh. Growing numbers of students in the Middle East universities, spreading ideas and personal contacts across borders. There are regular and increasing frequent conferences and consultations among Muslim intellectuals and ulama (religious scholars) held in centers such as Teheran, Mecca, and Kuala Lumper.

The sense of Islamic Unity has also been reflected in and encouraged by the actions of states and international organizations. In 1969 the leaders of Saudi Arabia, working with those of Pakistan, Morocco, Iran, Tunisia and Turkey organized the first Islamic Summit at Rabat. Out of this emerged the Organization of Islamic Conferences, which was formerly established with headquarters in Jeddah in 1972. Virtually all the states with substantial Muslim populations now belong to the conference which is the only international organization of its kind. Christian, Orthodox, Buddhist, Hindu governments do not have interstate organizations with members based on religion. Muslim governments do.”

Samuel P. Huntington

There are three results of this ascension to greater power and influence that I feel you can be certain of:

  • The Gold Dinar as a settlement system first agreed to by 28 Islamic states will encompass all of Islam.
  • The growing resentment for the USA's publicly stated objective of bringing democracy to all Islamic nations including China will serve to transform this organization into a transnational government of sorts. It will become a United Nations of Islam without the divergent opinions that make the New York based UN virtually ineffectual.
  • The US dollar - which is already in the crosshairs of radical Islam - will become a target for all of Islam in its defense against the forces of democracy. Islamic states are ungovernable by our standards and we should learn to accept that fact. Already in the march towards a new form of government in Iraq, the US is applying traditional methods of governing that have existed in Iraq for centuries.

 

 

 

 

 

 

 

 

 

Geopolitical Awareness
| cultural | geopolitical | gold standard | economic | energy | solution |

With the dawn of the 21st century the world has entered a new stage of geopolitical struggle. The first half of the 20th century can be understood as one long war between Britain (and shifting allies) and Germany (and shifting allies) for European supremacy. The second half of the century was dominated by a Cold War between the US, which emerged as the world's foremost industrial-military power following World War II, and the Soviet Union and its bloc of protectorates. The US wars in Afghanistan (in 2001-2002) and Iraq (which, counting economic sanctions and periodic bombings, has continued from 1990 to the present) have ushered in the latest stage, which promises to be the final geopolitical struggle of the industrial period - a struggle for the control of Eurasia and its energy resources. MORE>>

globe


Mogambo Guru

In a recent speech, General Wesley Clark stated, "We need a president who will lead the way in developing an effective governance structure for global economics, one which affords all people and all nations a chance to prosper."

If you reacted the way that I did when I read that, I know that you have to go and wash up and put on clean underwear after reading that, so I will be brief in my summation: Wrong. Not only wrong, but wrong wrong wrong, which is a stupid literary device I use here to indicate that Mr. Clark is not only exactly180 degrees wrong, and could not be more wrong, but that in the whole universe of wrong-ness, there is not a small, tiny, little sub-atomic sliver of a part of a tiny piece of what he said that is not wrong. The misty-eyed and dim-witted One-Worlders of the country, and their idea of a single benevolent global government, have a new champion. And I will leave Mr. Clark and his presidential plan with a gratuitous snotty and disrespectful aspersion on him and his horrifying ideas, especially the one where he wants to create a one-world government: "You ignorant commie weenie bastard." MORE>>


At the close of the Constitutional Convention in 1787, Benjamin Franklin told an inquisitive citizen that the delegates to the Constitutional Convention gave the people “a Republic, if you can keep it.” We should apologize to Mr. Franklin. It is obvious that the Republic is gone, for we are wallowing in a pure democracy against which the Founders had strongly warned. MORE>>

Ben Franklin

 

 

 

 

 

 

 

 

Gold Standard Awareness
| cultural | geopolitical | gold standard | economic | energy | solution |

Alan Greenspan, years before he became Federal Reserve Board Chairman in charge of flagrantly debasing the U.S. dollar, wrote about this connection between sound money, prosperity, and freedom. In his article " Gold and Economic Freedom " (The Objectivist, July 1966), Greenspan starts by saying: "An almost hysterical antagonism toward the gold standard is an issue that unites statists of all persuasions. They seem to sense that gold and economic freedom are inseparable." Further he states that: "Under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth." Astoundingly, Mr. Greenspan's analysis of the 1929 market crash, and how the Fed precipitated the crisis, directly parallels current conditions we are experiencing under his management of the Fed. Greenspan explains: "The excess credit which the Fed pumped into the economy spilled over into the stock market- triggering a fantastic speculative boom." And, "By 1929 the speculative imbalances had become overwhelming and unmanageable by the Fed." Greenspan concluded his article by stating: "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation." He explains that the "shabby secret" of the proponents of big government and paper money is that deficit spending is simply nothing more than a "scheme for the hidden confiscation of wealth." Yet here we are today with a purely fiat monetary system, managed almost exclusively by Alan Greenspan, who once so correctly denounced the Fed's role in the Depression while recognizing the need for sound money. MORE>>

Big Guns
A
s laid out in previous essays, the anti-gold forces are on their last float of ice, ice that is quickly melting away before the new (euro vs dollar) sun's golden rays.

Previously, we listed all the reasons why paper will continue to fall versus gold, and why it will stay that way for many, many years to come. This time, we will present the anti-gold forces' most powerful arguments why gold is not "that" safe an investment - and why their arguments just don't wash anymore (if they ever really did). MORE>>

 

 

 

 

 

 

 

 

Economic Awareness
| cultural | geopolitical | gold standard | economic | energy | solution |

Chinese Money

Most of us are aware of the extreme inflation that paper money experienced in the German Weimar republic in the 1920's. Many of us have also heard of the paper money collapse in Eighteenth century France under John Law. We are also aware of rampant inflation and fiscal crises in various third world countries from time to time.

You have probably also heard that the Chinese were the first to use paper currency. What was not clear to me was whether the Chinese experience with paper money had been a good one (it varied), and if they had also experienced paper money collapses (more than once). Since I am interested in any information which might help direct my own investments, I wondered whether there are clear historical parallels and lessons to be learned from the Chinese experience with paper money (yes and no). In particular, is the US dollar likely to collapse and what signs should we look for? MORE>> 

 

Deep in Debt, Caught in a Net This old English proverb concisely describes the financial condition of many Americans. Household debt is rising at an 8.8 percent annual rate, home mortgage debt at 14.2 percent. Total debt in the United States doubled from 1998 to 2002, from $16 trillion to $32 trillion and may double again in the next five years. The Federal government, which sets the pace, reported a $555 deficit for the 2003 fiscal year; its total debt is given at $6.783 trillion. For the next two years the budget deficits are estimated at $566 billion to $644 billion each, which should increase its total debt to more than $8 trillion, or some $27,000 for every man, woman, and child. MORE>> 

Narco Dollars

 

 

"The Latin American drug cartels have stretched their tentacles much deeper into our lives than most people believe. It's possible they are calling the shots at all levels of government." William Colby, former CIA Director, 1995 MORE>>


Bananna Republic

After repeated warnings from currency analysts and market advisors (including yours truly) that the U.S. currency system is on the verge of becoming a blocked, two-tier system we now have confirmation that the country is one step closer to realizing this. When fully implemented, the new U.S. dollar will mean a "banana republic" type currency and across-the-board devaluation. MORE>>


The Europeans would like it to be a light, golden crisp. The more fanatical of our Arab and Muslim friends probably want it to be incinerated. The Chinese would likely prefer it pretty dark, but with visible, charred remains, so they can still show it off - like a trophy. MORE>>

toast

Thom Jefferson

 

"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."---Thomas Jefferson MORE>>


When John Law was faced with crippling sovereign debts in eighteenth century France he issued a lot of successful paper money and made the country feel rich. He was clever, brave, charming, honest and - for a while - extraordinarily popular. Unfortunately he also caused virtually everyone who had any money in France to lose it, which tends to overshadow those other qualities. How it happened is worth understanding; and never more so than now. MORE>>

John Law

 

 

 

 

 

 

 

 

Energy Awareness
| cultural | geopolitical | gold standard | economic | energy | solution |

Treadmill Several years ago energy investment banker Matt Simmons coined the term “production treadmill” to describe the current state of natural gas production in North America.  In simple terms, “production treadmill” describes the situation in which more wells must be drilled every year to keep production flat.  Today the treadmill is accelerating.  North American exploration and production companies (E&P's) will drill a record number of natural gas wells this year only to see production fall. MORE>>

"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -Albert Einstein

According to a recent article by veteran British military analyst Joseph Vialls, Russia has sent the most advanced and feared missile in the world, owned only by Russia and China, the P270 Moskit, also known as the “Sunburn,” to Damascus and Tehran. This can only be understood as a counter to the Israeli threats to use nuclear weapons against their enemies. MORE>>

 

 

 

 

 

 

 

 

 

Solution Awareness
| cultural | geopolitical | gold standard | economic | energy | solution |

 

Revolutions throughout history have always been initiated by a small minority of highly dedicated contrarians. When any given society has become tyrannical and in need of reform, the overwhelming majority of that society's citizens will be apathetic (and sometimes downright antagonistic) to any cause that upsets their routine in life. MORE>>

Don't mess with America

Sons of Liberty

Study any account of the growth of America and one fact always jumps out at you -- the heroic self-determination of the men and women who shaped the events of our history. MORE>>

 

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