Why The Saudis Hold the Cards Right Now

(OilandGasInvestmentBulletin) – Current OPEC spare capacity would suggest a lower world oil price, but the distribution of this spare capacity could be one reason why oil prices are higher than many experts think it should be.

Usually the more spare capacity (supply) in a market there is the lower the price – simple economics. But the reality is that Saudi Arabia is the only country in the world with significant spare capacity to produce more oil in the world and influence prices. And they currently favour a $70-$80 barrel oil price.

In 2003, OPEC had 2 million barrels a day LESS spare capacity it has now, and oil was under $40/barrel – but spare capacity was more evenly spread out among the 11 member states.

If everybody has spare capacity, the potential for cheating on production quotas is greatly increased and that carries a higher downside risk for prices. Should the world economy grow more quickly, only the Saudis have the ability to increase production enough to meet demand and influence prices. Read entire article

Video: “Arresting Impunity” – Bush’s Crimes Against Humanity

(GRTV) – “Arresting Impunity” is a documentary about the attempts of citizens in Calgary, Alberta, Canada to uphold the rule of law when faced with a culture of impunity. After the attempted citizen’s arrest by Splitting the Sky on George W. Bush in Calgary on March 17, 2009, Calgary became the focus of a citizens movement to hold Canadian law enforcement officials to account for their failure to arrest Bush when he visited Calgary, in his first visit without diplomatic immunity to a foreign country. Ramsey Clark, Cynthia McKinney, Anthony Hall and Splitting the Sky feature prominently in the film. Such figures sought to draw attention to the international organized crime which has arisen since the fraudulent events of 9/11.

This documentary also hones in on the Conservative minority government of Canada, which was asked by various legal analysts to arrest Bush when he came to Canada, invoking the laws enshrined in Canada’s Crimes Against Humanity and War Crimes Act (2000). Continue reading

World War

(SunNews) – South Carolina High School Automatically Enlists Students in ROTC

The entire freshman class at Carvers Bay High School has been automatically enrolled in the Junior Reserve Officers Training Corps, a military-sponsored program that trains high school students in military discipline and concepts. Principal Richard Neal, a Navy veteran, said the school’s Marine Corps JROTC class is fulfilling the student’s physical education requirement and is part of the school’s Ninth Grade Academy. Read More Here

(AntifascistCalling) – Space Warfare: Preparing the “Battlespace” for A New Imperial Adventure – Secretive Mini-Shuttles and Spy Satellites – Tom Burghardt – Read More Here

Video: Course – Zionist Editing on Wikipedia – Video Link Here

(ABCKITV) – Violent Cases In Hawaii Involving PTSD Patients Likely To Increase – Read More Here

(UPI) – U.S. to spend $100 million on Afghan bases

Despite growing disaffection with the war and President Obama’s pledge to begin withdrawing U.S. troops in July 2011, many of the projected installations have extended completion deadlines, The Washington Post reported Sunday.

All three of the bases are for the sole use of U.S. forces. Read More Here

Palestine

(Gilad) – An open letter to Israel From: Lauren Booth, UK

“This morning I set out to write a piece about the looting of the aid Flotilla to Gaza, by your soldiers. As you may have read, an Israel Defense Forces officer, has been remanded by a military court, suspected of stealing laptop computers from passengers. Interestingly, Haretz newspaper, now refers to the fleet as an ‘aid flotilla.’ Which it was. Rather than the ‘terror’ fleet your leaders would have had you call it. But I digress.
So, there I was, all ready to write my piece, when I came across an article on ynetnews. It sought to spell out the shock perhaps felt by some about the looted goods. A senior Israel Defense Forces officer said of the flotilla thefts: ‘there must be a serious problem in the IDF in terms of values.” Read More Here

Iraq

(CNN) – Hundreds protest bad basic services in Iraq

At least 15 people, including nine police officers, were wounded Saturday night when hundreds of people protested in Nasiriya over power outages and bad basic services, city police officials told CNN.

Some of the roughly 200 protesters hurled stones at a local government building in the city, about 360 kilometers (225 miles) south of Baghdad, and some beat police officers with sticks, officials said. Read More Here

(InfoClearingHouse) – The Long Road to The Hague: Prosecuting Former Prime Minister Tony Blair – Part 1 – Read More Here

(FPIF) – What You Will Not Hear About Iraq

Iraq has between 25 and 50 percent unemployment, a dysfunctional parliament, rampant disease, an epidemic of mental illness, and sprawling slums. The killing of innocent people has become part of daily life. What a havoc the United States has wreaked in Iraq. Read More Here

(NCR) – Iraqi bishop says U.S. betrayed country, Christians suffer most

The United States has “betrayed its duty to bring peace and security” to Iraq, according to Chaldean Auxiliary Bishop Shlemon Warduni of Baghdad, in an interview on Friday with the Italian daily La Stampa. The Americans leave behind “an Iraq worse off than the one they found seven years ago,” said Warduni, who’s widely regarded as the most charismatic voice among the Iraqi bishops. Read More Here

(ArmyTimes) – Combat brigades in Iraq under different name

7 Advise and Assist Brigades, made up of troops from BCTs, still in Iraq Read More Here

Iran

(Rense) – A United Iran Against Collapsing Israel

As the racist regime of Israel moves toward greater international isolation due to its aggressive, belligerent policies, Iran receives wider support from the world’s nations for its uncompromising resistance against the bullying superpowers and annulling their mischievous plots. Read More Here

(WABC) – Video: Israeli Official Warns – ‘We’re Preparing for War’

Likud member of Israel’s Knesset, Danny Danon, appeared on Aaron Klein’s WABC radio program Sunday Afternoon. “We are prepared for all risks,” Danon said. “And I think our enemies should know that even though we are speaking of peace, we are getting ready for a time of war, as well.” Continue reading

Video: ‘Iraq Exit – Rebranding the Occupation!’

(RussiaToday) – The last U.S. combat brigade has left Iraq two weeks ahead of their planned withdrawal at the end of the month. But a fifty thousand-strong American military contingent will remain in the country for support and training until the end of 2011. They’ll have the power to use their weapons in self-defense or at the request of the Iraqi government. Over seven years of being in Iraq, more than four thousand U.S. soldiers have died, according to the Pentagon. Continue reading

Yet another Soros tentacle exposed

Editor’s comment: Jim Wallis and Sojourners are also the CFR “Christian backers” of ‘Imam’ Feisal Abdul Rauf of the so called ground zero mosque – it seems every globalist tentacle extends into this project.

(AmericanThinker) – Jim Wallis, the man behind the so-called “religious left” – a left wing evangelical activist who worked to get evangelical support for Obama — has been exposed as another stooge of George Soros. And he had the gall to accuse Marvin Olasky, the conservative evangelical who asked Wallis to admit his connections to Soros, of lying. Sarah Pulliam Bailey

of Christianity Today’s political blog has the story: Continue reading

Enemy of the State – Lew Rockwell

It’s been clear for some time that the Pentagon would love to put a bullet in Julian Assange’s brain. But as the founder of WikiLeaks became better known, sending off a team of professional hitmen–as is their wont–threatened to become bad PR. So phony sex charges are used instead, another typical tactic of the regime. BTW. a word to the disinfo artists of the military junta: we don’t believe you about Iraq, Afghanistan, Yemen, Somalia, Pakistan, Georgia, Russia, China, Israel, Palestine, Iran, or Assange.

UPDATE: So now the Pentagon’s trumped up charges against Julian Assange have been dropped, if not before the libel was implanted in at least some minds. Watch for more lies, not that they will work. One man can beat the Death Star. – Source: Lew Rockwell

See Also:

(BusinessInsider) – Swedish Prosecutors Drop Rape Charges Against Wikileaks Founder

Stranger and stranger.

Now according to the AP, the rape charges against Wikileaks founder Julian Assange have been withdrawn.

Prosecutors say the suspicioun was unfounded.

How these charges came to be, and then got reversed so fast, should be an interesting story. – Source: Business Insider

Also:

(Telegraph) – “Is Assange the target of a U.S. smear campaign?” – Rape Claim Against Wikileaks Founder Julian Assange Withdrawn

Julian Assange, the founder of the Wikileaks website, was at the centre of an extraordinary “dirty tricks” row today after the Swedish government issued and then withdrew an arrest warrant against him for rape. Continue reading

World War

(GlobalResearch) – Obama’s Delusions: The Economy and Iraq – Shamus Cooke

If you’ve listened to recent speeches the President has given about the economy and the Iraq war, you’d think that two of the biggest social issues facing working Americans are improving. But facts are stubborn things. Read More Here

(StopNATO) – U.S. Marshals Military Might To Challenge Asian Century – Rick Rozoff – Read More Here

(AntiWar) – Israeli DM: Aid Ship’s Goal Is to Help ‘Kill Israeli Civilians’

The all-women Bolivian-flagged ship Mariam (named for the Virgin Mary) is loaded down with cargo and poised to try to break the Israeli blockade of the Gaza Strip this weekend. But Israeli officials are pressing hard to see it stopped, threatening Lebanon if they even allow the ship to leave port.

The ship that is preparing to sail from Lebanon has nothing to do with humanitarianism,” insisted Israeli Defense Minister Ehud Barak, adding that the ship is plotting to help “kill Israeli civilians.” Read More Here

(GlobalResearch) – Blood Money. – Anthony Charles Lynton Blair, Q.C., former Prime Minister, alleged potential war criminal – Read More Here

(KurtNimmo) – Corporate Media Poll Claims Majority of Americans Support Iran Attack

According to a Rasmussen poll posted last week, most Americans consider Iran an enemy of the United States, believe Iran’s nuclear program is developing weapons, and they would support the United States helping Israel attack the Islamic country.

57% say Iran is an enemy. 66% say Iran’s uranium enrichment program is developing nuclear weapons (53% state an Iranian nuke is very likely). 51% say if Israel attacks Iran, the United States should lend a helping hand. Read More Here

(RawStory) – Fox News co-owner funded ‘Ground Zero mosque’ imam: report

Related: Ground Zero Mosque Imam Is Globalist Stooge

Related: Ground Zero Mosque Employee: “It is not neccessary to disclose” who is funding the mosque

Related: Yet another Soros tentacle exposed

The second largest shareholder in News Corp. — the parent company of Fox News — has donated hundreds of thousands of dollars to causes linked to the imam planning to build a Muslim community center and mosque near Ground Zero in Manhattan, says a report from Yahoo!News. Read More Here

(KurtNimmo) – Video: Iran Fires Up Nuclear Plant Despite Threats

Iran has begun to fuel its first nuclear power station in Bushehr despite a massive propaganda campaign launched against the reactor by the United States and Israel and largely ineffectual United Nations and U.S. Congress sanctions.

“‘It is totally unacceptable that a country that so blatantly violates resolutions of the (United Nations) Security Council, decisions of the International Atomic Energy Agency and its commitments under the NPT (non-proliferation treaty) should enjoy the fruits of using nuclear energy,” said Israeli Foreign Ministry spokesman Yossi Levy. “The international community should increase pressure … to force Iran to abide by international decisions and cease its enrichment activities and its construction of reactors.” Continue reading