Only 1 Percent Of US Bakken Shale Oil Is Profitable At Current Prices
Only 1 percent of the vast Bakken Oil Shale field in the north west USA is commercial at current oil prices based on the following analysis. Only 4 percent of horizontal wells drilled since 2000 meet the EUR (estimated ultimate recovery) threshold needed to break even at current oil prices, drilling and completion, and operating costs because scientists (using mathematical models rather than real world evidence) vastly overestimated the likely yield from shale fracking (by 97% coincidentally).
The leading producing companies evaluated for this study are losing $11 to $38 on each barrel of oil that they produce, which in any rational business model would mean they were effectively bankrupt. These are not rational times however and having encouraged to pick a fight with Russia, China and Iran on the economic fromt, US bankers have to keep extending the shale industry's credit (and raiding our savings and pensions to cover their losses).
Although NYMEX quoted prices are about $46 per barrel, realized wellhead prices in the Bakken shale field are only $30 per barrel according to the North Dakota Department of Mineral Resources. At that price, approximately 125,000 acres of the drilled play area of 10,500,000 acres is commercial (green areas in Figure 1).
Figure 1. Bakken Shale Field commercial area map at $30 per barrel wellhead price. Contours are in barrels of oil estimated ultimate recovery. Contour interval = 200,000 barrels of oil. Source: Drilling Info, North Dakota Department of Natural Resources & Labyrinth Consulting Services, Inc.
The break-even per-well EUR is 700,000 barrels at a $30 oil price. The underlying economic assumptions are shown in Table 1.
Table 1. Economic assumptions and outcomes used to determine the Bakken $30 per barrel commercial area shown in Figure 1. Source: Company presentations and Labyrinth Consulting Services, Inc.
There has been much talk about the break-even price forcrude oil in the U.S.A. after Obama pinned hopes for salvaging his failed presidency and casting himself as America's economic saviour. This discussion is largely meaningless because there is no single break-even price for any grade of oil, and so long as the Arabs have oil to pump, the USA will not be able to dominate the market and marginalise Russia which is what Washington's agenda required.
And Obama's pln to hurt Putin by flooding world markets with oil are hitting America's allies too ...Oil price: Britain's North Sea Oil Industry 'Close To Collapse'
We were perhaps mistaken in calling this page 'Currency wars' and then focusing initially on American attempts to undermine Russia's economy which is overly dependent on oil and gas. That of course is just a skirmish in a much wider economic war that is now hurting those nations that complied with Obama's diktat and imposed economic sanctions on Russia in retaliation for Moscow's refusal to surrender its strategically vital satellite state, Ukraine, to NATO and the EU.Britain, because of our north sea oil interests is one of the hardest hit.
The price of crude oil began to collapse when The United states Of America, the swaggering bully of the world community decided to use its new status as a net exporter of oil, due to the shale boom, to flood world markets, finding because their oil is the most expensive to extract, that their wells were not economically viable, and damage Russia's oil dependent economy. Naturally prices in world markets dropped due to the law of supply and demand. With typical stupid arrogance the Americans demanded that the Arabs and other traditional oil producers cut production to hold up prices.
The Arabs and other oil producing nations, sensing Amerca's push to become gobal hegemon had run off track and what they were threatened with was the empty bluster of a bully whose cowardice and weakness has been exposed in effect said, "Fuck the fucking fuck off," by pumping more oil and sending prices crashing even further. Result? Approximately $1trillion worth of new shale fracking projects planned in the USA have been cancelled. If it ended there the world would only have the minor problem of a US / Russia currency war.
Unfortunately the plunging oil price has brought about a "huge crisis" in energy markets, one of the worst hit is the UK's North Sea oil industry, expert have warned. With North Sea oil now selling at below $60 a barrel, it is "almost impossible to make money", Robin Allan, chairman of independent explorers' association Brindex, told the BBC.
"It's a huge crisis. This has happened before, and the industry adapts, but the adaptation is one of slashing people, slashing projects and reducing costs," he said.
After several days of volatile trading in oil markets, Brent crude, the global benchmark, ended the day down 1 per cent at about $60 per barrel after having risen 3 per cent in early trading. In recent weeks, oil prices have crashed to their lowest levels in five-and-a-half years following falls demand due to weakening in major economies and concerns of a global oil glut.
Up to £55bn worth of North Sea oil projects scheduled for 2015 could be cancelled due to the falling prices, the Daily Telegraph reports.
Concerns over the financial state of the oil industry have increased since Opec voted not to cut production in an attempt to arrest sliding prices when they met in Vienna last month. Iran's oil minister has publically criticised Opec's inaction. Bijan Zanganeh told the country's state petroleum news agency: "The prolongation of the downward trend of the oil price in world markets is a political conspiracy going to extremes."
The US-based oil company ConocoPhillips has already moved to cut 230 out of 1,650 jobs in the UK and some analysts predict that other large firms will make similar cost-cutting announcements in the coming months.
However, the Department of Energy and Climate Change said yesterday that even though reductions in oil prices have proven "very challenging" for companies active in the North Sea, "we have seen very little evidence of new projects being cancelled or deferred in reaction to lower oil prices".
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He said that the boat began taking on water a few hours after setting off, and that he survived by holding on to a fuel can. According to information gathered by the International Organization for Migration (IOM), the man was spotted almost by accident by the Spanish ship, which then transferred him to the Italian coastguard. “It shows that there may very well be shipwrecks we don’t know about, because the boats sink without a trace,” Flavio de Giacomo, an IOM spokesman, told AFP. RELATED:immigration: the tragedy of the boat people Immigration - the refugee tide Immigration omnibus [ Ian at Facebook ] 28 March 2017 Trump Signs Executive Order Rolling Back Obama's Climate Policies: Who Benefits The Most?As discussed earlier, on Tuesday afternoon Donald Trump signed an executive order undoing most of Obama-era climate change regulations that his administration says is hobbling oil drillers and coal miners, a move environmental groups have vowed to take to court. The decree's main target is former President Barack Obama's Clean Power Plan that required states to slash carbon emissions from power plants - a critical element in helping the United States meet its commitments to a global climate change accord reached by nearly 200 countries in Paris in 2015. The so-called "Energy Independence" order also reverses a ban on coal leasing on federal lands, undoes rules to curb methane emissions from oil and gas production, and reduces the weight of climate change and carbon emissions in policy and infrastructure permitting decisions. Read more >>> RELATED: Will new clean energy process make coal the fuel of the futureBig Green versus Big Koch Peccavimus Carbon accounting madness Operation Mosul: A Medieval Massacreby Stephen LendmanRussian Foreign Ministry spokeswoman Maria Zakharova described it this way weeks after US-led terror-bombing and Iraqi ground operations began last October – long before the worst horrors ongoing now. US-orchestrated operations are being conducted under “conditions of absolute information blockade,” Zakharova explained. Nothing was done to protect, evacuate or otherwise help civilians. They’ve been on their own in harm’s way without humanitarian or any other type aid or consideration for their welfare and safety since last October. Hundreds of thousands remain trapped in the city. Others getting out risk their lives to do it – as endangered by US terror-bombing as ISIS fighters. In the battle for Aleppo, Russia and Syria established humanitarian corridors – without aid from the UN or other countries. Great care was taken to avoid civilian casualties, why liberating the city entirely took so long. Moscow ceased aerial operations in October 2016 to protect civilians, long before the battle for Aleppo was won in late December. The West and supportive media disgracefully portrayed a heroic Leningrad-type liberation as naked aggression. They’re largely silent on the rape and destruction of Mosul. What’s reported falsely portrays liberation. Nothing about US terror-bombing mass murder. An orchestrated coverup of reality continues ... Read more >>> RELATED:‘I’m back from Syria. The media are lying to you.’ Eva Bartlett No - one Invited US Troops To Raqqa, All Foreign Troops In Syria Uninvited Are Invaders As Aleppo Falls ISIS Fighters Regroup To Recapture Palmyra Fake News: Thousands Flee Aleppo to escape Assad troops. Real News: Thousands flee Aleppo to join Assad army’s advance Syria: USA & NATO scream ‘War Crimes’ as US backed rebels shell Aleppo civilians Orwell Rolls in Grave as Police Roll Out Unprecedented Drone Air Force to “Track Anti-Social Behaviour”The Devon and Cornwall police force, tasked with the patrol of the largest geographical area in England, are pioneering perpetual drone surveillance by establishing an unprecedented 24-hour drone surveillance of its patrol area set to begin this summer. The police drones, also identified as “unmanned aerial systems,” have undergone smaller tests last year. Multiple reports state that the drones will mostly be used for locating crime suspects and missing persons as well as surveillance of crime scenes. Steve Barry, the UK’s National Police Chiefs’ Council spokesman regarding police drones, touted the cost savings of choosing these devices rather than deploying police helicopters; according to a report from The Daily Mail, Barry predicts “forces across Britain would soon be using them as they are cheaper than helicopters and can perform some duties of bobbies on the beat.” The does not specify how deeply these police drones will be able to inspect individuals, including in regards to audio capacity. The Mail noted that Barry has pondered the possibility of drones replacing some officers and said “there may be an opportunity at some point in the future to rationalise what we need our cops to do because we find drones can do it more effectively and more cost-efficiently.” However, Barry did not indicate that he approves of a reduced police force in favor of the devices, and other officers and experts were quoted in the report as viewing drones as a supplement for police rather than their replacement. Read more >>> RELATED:Surveillance society New World Order omnibus Death of Democracy omnibus The Orwell huxley dick Dystopia Index Technology: have we created a monster we cannot control? >Space Travel…Will This Eventually Become A Reality?The very concept of sending people into space has always been an interest to me, not because I actually believe it will happen, but just with the thoughts of how far we would have to advance, technically in order to achieve such a quest. I was reading an article which spoke of someone who was wondering if we would ever form colonies in space, and I felt compelled to respond. This was my response. Read more >>> Read more >>>
RELATED POSTS: Canada Passes 'Blasphemy' Bill To Silence Critics Of IslamDespite polls showing that 71% of Canadians would not have voted for the measure, Canada's Parliament, with the strong backing of Justin Trudeau's Liberal government, passed a motion this week 201 to 91 that critics say singles out Islam for special protection. Tabled by Muslim liberal MP Iqra Khalid, M-103 urges the federal government to “condemn Islamophobia” and to “develop a whole-of-government approach to reducing or eliminating systemic racism and religious discrimination including Islamophobia.” The term “Islamophobia” is nowhere defined in the motion. Brutal Warning From Islamic Woman to America: Wake Up or Be Wiped Out Farage Warned Of Islamic Extremist Problem In 2013 Nunes Calls Comey, Rogers For "Closed Session" After Finding "Concerning Info" In Intel ReportsLast night we highlighted a Fox News story which suggested that Devin Nunes expected the NSA to deliver a "smoking gun" which would prove that the Obama administration spied on the Trump transition team, and possibly the president-elect himself, as early as today. Moments ago, Nunes fanned that speculation by holding an impromptu press conference announcing that he'll call both FBI Director Comey and NSA Director Rogers before a closed session of the House Intelligence Committee to discuss topics which "they couldn't answer in a public setting." https://abs.twimg.com/web-video-player/618c3438e21e134ed01ce694f06bc25a885807dd/js/build.min.js" See Nunes statement >>> #Vault7: WikiLeaks releases ‘Dark Matter’ batch of CIA hacking tactics for Apple products
WikiLeaks has released the latest batch of documents in its Vault 7 series of documents related to the CIA’s espionage programs. The latest release, dubbed ‘Dark Matter,’ reveals the specific techniques used to target Apple products. Google omnibus Westminster Murderer Is 52-Year-Old Brit With Prior Criminal ConvictionsAfter yesterday's balls up, in which the man who murdered four people near the Houses of Parliament was incorrectly named as an Islamic "hate preacher" who is actually in prison, today UK police said that the man they believe to be responsible for the attack in Westminster yesterday has been formally identified as Khalid Masood. Islam in the west index EU Parliament Head Sets ‘Red Line’ on Citizens’ Rights Post-BrexitEuropean Parliament chief Antonio Tajani said securing the rights of millions of EU citizens after Brexit was a “red line” when negotiations begin soon. In an interview with AFP, Italy’s Tajani said parliament would be a “protagonist” and hoped to hold its casting vote on a Brexit deal in late 2018 or early 2019.
Brexit posts Nunes: Trump transition members were under surveillance during Obama administrationMembers of the Donald Trump transition team, possibly including Trump himself, were under U.S. government surveillance following November’s presidential election, House Intelligence Chairman Devin Nunes (R-Calif.) told reporters Wednesday. Left wage culture wars Death of Democracy North African Migrants Allegedly Rape Milan Schoolgirl in Broad Daylight on Commuter TrainA 15-year-old schoolgirl was allegedly groped and raped by two North African migrants on the commuter train from Milan to Mortara Thursday afternoon. On Saturday morning, the girl was hospitalized with multiple bruises, a concussion and a broken rib, and police have launched a search for the assailants accused of aggravated assault and sexual assault. According to police reports, after school—around 4:00pm—the girl went to the Milan station of Porta Genova to catch the local commuter train home, sitting with a friend in the last carriage. When the friend got off the train at an earlier stop, the girl was left alone. It was then that two young men wearing jeans and hoodies, whom the girl described as North Africans in their mid-twenties, accosted her with kicks, punches, and “insistent fondling of the crotch.” Read more >>> New video details how Amazon.com SPIES on your most private thoughts, fetishes and conversationsAmazon.com isn’t merely a massive retailer; it’s also a dangerous spy machine that collects detailed profiles of your most private thoughts, fetishes and conversations. Every Amazon.com device you use is actually a surveillance collection interface that’s translating your thoughts, beliefs and conversations into a “psychological profile” database at Amazon.com servers. For example: * Amazon ECHO devices constantly listen to your most private conversations and process your voice by uploading segments of audio to Amazon.com servers. Law enforcement agencies have already sought to use audio recordings from ECHO devices to incriminate individuals for words they uttered in their own private homes [...] * Every Amazon service is collecting data about your likes and dislikes, including Amazon MUSIC. It is the combination of all these data sets that is astoundingly dangerous because it “profiles” your mind without your consent. Read more >>> Keywords: Surveillance; psychology; RELATED: Surveillance society omnibus Science of mind control Nanny state menu New Wirld OrderRochdale Rape Gang Set to Be Deported to PakistanFour members of a Muslim grooming gang look set to be deported after losing a legal battle to stop the government stripping them of their British citizenship. All four hold dual UK and Pakistani citizenship. Mr. Justice Bernard McCloskey, Britain’s most senior immigration judge, rejected their appeal against then Home Secretary Theresa May’s decision to take away their British nationality. Gang ringleader Shabir Ahmed, 64, has already lost an appeal against his possible deportation in the European Court of Human Rights (ECHR), during which he claimed his convictions were a conspiracy by police and members of the jury to “scapegoat” Muslims. Last week, Mr. Justice McCloskey slammed the barristers attempting to block the deportations, accusing them of playing the system as they earn substantial fees at the taxpayer’s expense. The judge’s decision clears the way for the men to be deported. However, it is likely to take months or even years before they actually leave the country Read more >>> RELATED: Child abuse gangs, RochdaleChild abuse scandal in Rotherham Elitists involved in child abuse Child abuse scandals involving Muslims spread nationwide Europe Accelerates Move To Begin Elimination Of Paper MoneyWhile the world has been disracted by Donald Trump's eccentric style of doing politics, the European Union has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their intention to crack down on paper transactions across the E.U. and solidify a trend that has been gaining momentum for years. The financial uncertainty amplified by Brexit has incentivized governments throughout Europe to seize further control over their banking systems. France and Spain have already criminalized cash transactions above a certain limit, but now the commission has unilaterally established new regulations that will affect the entire union. The fear of physical money flowing out of the trade bloc has manifested a draconian response from the State. The European Action Plan doesn’t mention a specific dollar amount for restrictions, but as expected, their reasoning for the move is to thwart money laundering and the financing of terrorism. Border checks between countries have already been bolstered to help implement these new standards on hard assets. Although these end goals are plausible, there are other clear motivations for governments to target paper money that aren’t as noble. Negative interest rates and high inflation are a deadly combination that could further destabilize the already fragile union in the future. With less physical currency circulating, these trends ensure that the impact of any additional central bank policies will be maximized. If economic conditions deteriorate, the threat of citizens pulling cash out of their accounts and starting a bank run is eliminated in a cashless system. So long as the people’s wealth is under centralized control, funds can be shifted at will to conceal any underlying problems. But the longer this shell game is allowed to persist, the more painful it will be when reality overrides the manipulation. RELATED:Cashless Society EU foreign affairs chief says aging Europe needs migration (Russia today)Aging and graying Europe won’t close its doors to asylum seekers, as it needs immigration, the EU’s foreign policy chief, Federica Mogherini, said, adding that Europeans had been migrants themselves “up to few years ago.” “I believe Europeans should understand that we need migration for our economies and for our welfare systems, with the current demographic trend we have to be sustainable,” Mogherini said. Mogherini, who was speaking at the Senior Officials Meeting at the Valletta Joint Action Plan 2017, was joined by Maltese Foreign Minister George Vella, as well as officials from Europe and Africa. The meeting was convened to deal with migration through cooperation with third countries. Mogherini slammed the stance of immigration opponents as “based on confrontation, instead of cooperation; on building walls, instead of building partnerships; on closures and bans, rather than dialogue,” promising the Europe will instead take a “fair” and “humane” approach. Read more >>> RELATED:Immigration Omnibus Immigrant Sharia Zones Immigration and benefits Europe index Read more >>>
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Immigration omnibus Immigration Germany Germany's Immigration Crisis Sweden dystopia omnibus Muslim intolerance Culture wars omnibus ‘Hillary Clinton Means Devastation’: Marine Le Pen Backs TrumpMarine Le Pen has voiced her support for Donald Trump, warning that his rival Hillary Clinton would bring war and devastation to the world. Asked by CNN which U.S. candidate she supports, the Front National leader remarked that “everything but Hillary” would be better for France. “As far as France’s best interest is concerned it’s, ‘Everything but Hillary Clinton’. “It’s everything but Hillary Clinton because I believe Hillary Clinton means war, Hillary Clinton means devastation, destabilizing the world, economic choices that would be devastating for my people, geostrategic choices that would lead to global conflicts,” Ms. Le Pen said. Ms. Le Pen, who is running as the populist, anti-mass migration and Islamisation candidate in the 2017 presidential elections next year, noted similarities between her campaign and Mr. Trump’s. “What we have in common is that we’re not insiders, we are not taking part in the ‘system’, we depend on no one and do not take our orders from any financial institutions,” she told CNN in the interview taped and released yesterday.Marine Le Pen has voiced her support for Donald Trump, warning that his rival Hillary Clinton would bring war and devastation to the world. RELATED POSTS:America catalogue America warmongering A linton presidency will be a tyranny War Nigel Farage Warns "The Establishment Is Losing Control Over The People""The Empire is befuddled," at Brexit, exclaims Nigel Farage, telling Alex Jones that the globalist establishment is clueless on how to regain control. In a wonderfully frank interview, Farage explained that the establishment's "problem is that it’s fighting this argument on several fronts at once.” from Zero Hedge"We’ve got the American elections going on, we’ve got a big referendum coming up in Hungary on migrant quotas from Germany, we’ve got a rerun of the Austrian presidency where the right-wing candidate was cheated by false votes,” Farage said. “So they’ve got a real problem, they’re fighting us now on a whole series of fronts.” “What will they do to fight back? I don’t know the answer to that yet, and you know something? Nor do they.” “Brexit is the first strike-back against this phenomenon of the big banks, the big businesses, effectively owning politics, willfully destroying nation-state democracy, getting rid of that thing our forbearers actually fought and shed their blood to create and to preserve our liberties and our freedoms,” he continued. “All of that being taken away and suddenly in a referendum that no one said we could win, and we’ve done it.” “What we’ve done is given inspiration to freedom fighters right across the Western World.” New World Order Global tyranny catalogue Death of Democracy Threat to free speech Elsewhere: [ The Original Boggart Blog] ... [ Daily Stirre.shtml ]...[Little Nicky Machiavelli]... [ Ian's Authorsden Pages ]... [Scribd]...[Wikinut] ... [ Boggart Abroad] ... [ Grenteeth Bites ] ... [ Latest Posts ] [Ian Thorpe at Flickr ] ... [Latest Posts] ... [ Tumblr ] ... [Ian at Minds ] ... [ Authorsden blog ] ... [Daily Stirrer News Aggregator] Hillary Clinton’s Health In Rapid Decline – Will She Even Make It To Election Day At This Rate?The true state of Hillary Clinton’s health is becoming a major issue in this US presidential election campaign, something that should concern not just voters in America but everybody who takes an interest in world affairs. Many people believe Mrs Clinton's infirmities may force her to step down before election day. The Clinton campaign are trying to dismiss these concerns as deranged conspiracy theories, but the evidence in view in this television news clip cannot easily be dismissed. Observe the reactions of press corps members, they are entirely consistent showing that the clip had not been doctored. Hillary Clinton’s Health In Rapid Decline – Will She Even Make It To Election Day At This Rate? RELATED POSTS:America World Politics Pro-Democracy Activist Captured By NSA In World’s First PRISM RaidThe NSA have confirmed their first ever capture of a pro-democracy target under the controversial surveillance operation, PRISM. It has been three years since NSA whistleblower Edward Snowden shed light on the PRISM operation when he leaked a trove of documents outlining the U.S. government’s various methods for spying on American citizens. PRISM was explained as a clandestine surveillance operation under which the United States National Security Agency (NSA) collects internet communications from at least nine major US internet companies. Tony Fullman of New Zealand appears to be the world’s first individual targeted by the NSA under this operation. Theintercept.com reports: The extraordinary covert operation, revealed Sunday by Television New Zealand in collaboration with The Intercept, was launched in 2012 after New Zealand authorities believed they had identified a group planning to violently overthrow Fiji’s military regime. RELATED POSTS: Death of Democracy omnibusThreat to Democracy Elites attacking free speech, the foundation of democracy. Elsewhere: [ The Original Boggart Blog] ... [ Daily Stirre.shtml ]...[Little Nicky Machiavelli]... [ Ian's Authorsden Pages ]... [Scribd]...[Wikinut] ... [ Boggart Abroad] ... [ Grenteeth Bites ] ... [ Latest Posts ] [Ian Thorpe at Flickr ] ... [Latest Posts] ... [ Tumblr ] ... [Ian at Minds ] ... [ Authorsden blog ] ... [Daily Stirrer News Aggregator] The twilight of NATOby Thierry Meyssan - Voltaire.netThe history of NATO and its current activities enables us to understand how the West has woven its lies and why it is now a prisoner of them. The elements contained in this articles are shocking, but it is impossible to deny the facts. The only other solution is to cling to the lies and persist in hanging on. The Western states progressively extended their alliance, in particular by adding, in 1955, Western Germany, which had just been authorised to rebuild its army. Worried about the capacities of the Alliance, the USSR responded by creating the Warsaw Pact six years after the creation of NATO. As a result, it became impossible to abandon these structures - NATO did not hesitate to use its Gladio network to organise various coups d’état and preventive political assassinations, while the Warsaw Pact openly invaded Hungary and Czechoslovakia, which had shown signs of wanting their independence ... Read more>>>DC Leaks Hack Of Soros Open Society Foundation Reveals How Billionaire World Domination Freak Plans To Control The Media New World Order Living Withing The Conspiracy It Looks As If Demonising Russia Is All Discredited Hillary Clinton And Her Supporters Have LeftAfter the events, revelations and leaks (Democrat campaign computers hacked three times in a week) of the past month, the US Presidential election campaign of Hillary Clinton should lie in ruins. That it isn't may in some small way be due to the fact that her opponent is the equally unappetizing Donald Trump, but is more likely to be because mainstream media, the Hollywood attention seeker gang, (George Clowney, Brangelina, Bendydick Cumbertwat, all the usual suspects,)are solidly behind Clinton because all-join-hands-and-sing-Kumbaya. Lead Attorney In Clinton DNC Fraud Case Mysteriously Found DeadCall it conspiracy theory, coincidence or just bad luck, but any time someone is in a position to bring down Hillary Clinton they wind up dead. In fact, as we noted previously, there’s a long history of Clinton-related body counts, with scores of people dying under mysterious circumstances. While Vince Foster remains the most infamous, the body count is starting to build ominously this election cycle - from the mysterious "crushing his own throat" death of a UN official to the latest death of an attorney who served the DNC with a fraud suit. As GatewayPundit's Jim Hoft reports, on July 3, 2016, Shawn Lucas and filmmaker Ricardo Villaba served the DNC Services Corp. and Chairperson Debbie Wasserman Schultz at DNC’s headquarters in Washington, D.C., in the fraud class action suit against the Democrat Party on behalf of Bernie Sanders supporters (this was before Wikileaks released documents proving the DNC was working against the Sanders campaign during the 2016 primary). Shawn Lucas was thrilled about serving the papers to the DNC before Independence Day... Lead Attorney In Clinton DNC Fraud Case Mysteriously Found Dead - Zero Hedge Dutch Bonds Latest to Go Negative Amid New Financial Crisis ConcernsOn Friday, yields on sovereign bonds from the Netherlands became the latest to turn negative, contributing to an unprecedented $13 trillion of negative-yielding debt that has fueled fears of a new global financial crisis. A growing pool of negative-yielding debt is raising fears of a new financial crisis, which may have been stimulated by more cheap money having pooled in financial markets. Since the 2008 financial crisis, central banks around the world have tried to stimulate their economies by introducing more electronic money. However, the rise of negative bonds yields to unprecedented levels has led to concerns that the money has just delayed an inevitable crash, and is even doing more harm than good. On Monday Deutsche Bank strategist Jim Reid told clients that Dutch bonds are now offering the lowest rates the country has seen since it began keeping records in 1517. More Daily StirrerCurrency Wars Euroclear Gives Green Light to Russian BondsRussia plans to issue more sovereign bonds later this year following its successful May issue, Russian Minister for Economic Development Aleksey Ulyukaev said on Friday. Investors who bought into Russia's sovereign bond sale in May have been vindicated after Euroclear admitted the bonds for settlement last week. The move is interesting because, unlike the USA and most nations in the democratic world, Russia is not running a current account deficit ... More Daily Stirrer This Is Going To Get Very Ugly" - Former Top CIA Officer Says "Obama Has Lost Control Of The Middle Eastfrom Zero HedgeWith Thursday's tragic mass killing by a resclusive, truck-driving Tunisian maniac in Nice having been violently drowned out by the frentic late Friday news of a failed (and perhaps staged) coup in Turkey, the news cycle has once again shifted its attention away from a far greater threat to the global economy than whether Erdogan can concentrate even more power in his grasp. Namely, both lone-wolf and organized terrorism in Europe (and elsewhere). And according to at least one CIA field commander, Gary Bernsten, it is all Obama's fault. As the Hill reports, the decorated former CIA career officer who served in the Directorate of Operations between October 1982 and June 2005, said on Friday that Obama has lost control of the Middle East following attacks in France that left at least 84 dead. "This is going to get very, very ugly," Gary Bernsten said on Fox & Friends Friday. "The president of the United States, as Newt Gingrich has stated, has failed in his responsibilities to defend the United States. He has lost control of the Middle East. It is in flames, and that is what he will leave when he leaves office." One can also make the argument that it is not so much Obama, as his first secretary of state, the person who in less than 4 months may be America's next president. We wonder what Bernsten would add after last night's even more disturbing events in Turkey. Read all >>> RELATED POSTS: Living within the conspiracyWorld polirics Rise In Intercommunity Confrontations Mean "Civil War Is Inevitable" In France According To State Officials The US Is Sleepwalking Towards A Nuclear ConfrontationBy Dmitry Orlov and Chris Martensondot.com, June 20, 2016 Watch Chris interview Dmitry Orlov this week about the potential likelihood for actual direct conflict to break out between the world powers.US Sleepwalking Towards A Nuclear Confrontation - Information Clearing House
Interviewee DmitryOrlov was born in Leningrad in the former Soviet Union and migrated to the United States in the 1970s, He frequently travels between the USA and Russia, writing about the collapse of the Soviet Union and the many similarities he sees between that and the collapse of US / European global hegemony. Orlov with a number of other experts on Russia, recently co-authored a book delivering a stark warning that the US is recklessly provoking a military confrontation it cannot win.
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This Exchange Proves The BBC, The Green Party and Friends Of The Earth Reject Free Speech Will Merkel's Migrant Mishaps Spring Germany's Right-Wing Party Into Power?by Egbert Nobakon, 8 March 2016Resuts from local elections held in Germany last weekend indicate that German Chancellor Angela Merkel is in deep trouble. Her party, the Christian Democrats is losing votes to opponents from the right and left, largely because of the illegal immigrant crisis brought on by Merkel's crazy 'open doors' immigration policy which ahas resulted in Germany admitting criminals, terrorists and many illiterates, according to Werner Patzelt, a political analyst at the Technical University in Dresden. Patzelt, a political analyst at the Dresden-based Technical University, described the latest local elections in Germany as another indication of the fading influence of Chancellor Angela Merkel as the main beneficiary of her policy disasters is the anti immigration, anti EU party Alternatif fur deutschland (AfD) often described incorrectly as an extereme right wing group. In fact it is Merkel's Christian Democrats that have most resembled Hitler's National Socialists by trying to suspend the right of free speech and suggesting opponents of immigration be charged with crominal offences during the ongoing crisis. The interview came after the populist, anti-immigrant Alternative for Germany (AfD) party finished a strong third in municipal elections in the country's central state of Hesse, held on March 6. According to Germany's state news outlet DW, Angela Merkel's Christian Democrats finished with 28.2 percent of the vote, ahead of the Social Democrats with 28 percent; Alternative for Germany obtained 13.2 percent of the vote, beating the powerful and well established Green party. The vote took place a ahead of elections to the state legislatures of Baden-Württemberg, Rhineland-Palatinate and Saxony-Anhalt, which are scheduled for March 13. Results will determine if Merkel will survive as Chancellor or will be supplanted by a new leader. RELATED POSTS: Will Merkel’s Migrant Disaster Drive Germany’s AfD Into Power? Elsewhere: [ The Original Boggart Blog] ... Daily Stirrer ...[Little Nicky Machiavelli]... [ Ian's Authorsden Pages ]... [Scribd]...[Wikinut] ... [ Boggart Abroad] ... [ Grenteeth Bites ] ... Ian Thorpe at Flickr ] ... [ Tumblr ] ... [Ian at Minds ] ... [ Authorsden blog ] ... [Daily Stirrer News Aggregator]FUKUS axis troops (France, UK, USA) Unable To Halt ISIS March Towards Libyan Oil
The lastest news coming out of Tripoli is that The Islamic State (ISIS) force in Libya is taking on extra personnel faster than anyone can keep up with, some of these are raw recruits from north and sub Saharan Africa but many are experienced fighters (i.e, they know which end of a gun is dangerous) and is advancing towards Libya’s oil crescent, eyeing billions of barrels ... Guess Which Political Grouping Wants To Legalise Incest and Necrophilia? EU HoldsBack New Regulation For Fear Of Strengthening Brexit Case The Penguins Were Not Killed By Climate Change, They Took A First Step On The Road To Evolution EU Bosses Fear Brexit Domino Effect German Government Smartphone Spyware Monitors Citizens’ Calls, Typing AND Sees Through Their CamerasThe dirty news always leaks out. Here, after whistleblower sites chipping away at it fr several weeks, is official confirmation that the increasingly fascistic government of Germany has bought a software too enabling security agents to spy on people through their smartphones. That might not sound so bad until you remember the same government in Germany has recently discussed criminalising criticism of Islam and opposition to Merkel's open doors immigration policy and suppressing critics of EU policies. The German Interior Ministry has revealed a new “Bundestrojaner” or government trojan horse software that will enable security agencies to track the smartphone activities of anyone who downloads it. We understand Chancellor Merkel's government has also adopted an “off the shelf” tool from a company which is said to help authoritarian regimes track their citizens ...New German Government Smartphone Spyware Will Monitor Citizens’ Calls, Typing AND See Through Their Camera LensesIn Parallel With The Upheaval In European Politics, A Similar Cataclysm Is Happening In The USA Having reported for three or four years now the rise of the anti - Integration parties in European Union member nations, UKIP in Britain, the FN in France, AfD in Germany, Denmakr's Peoiple's Party, Five Star and the Liga Nord in Italy, the Sweden Democrats and others in every E U member state, we now look at what is going on in the USA as campaiging for the presidential election gathers pace. Biological Man Set To Become National Union Of Students’ Women’s RepresentativeA straight, biological man is a hot favourite in the race to become the National Union of Students’ (NUS) Women’s officer. Anna Lee describes himself as a “queer trans disabled lesbian woman”, and is currently the LGBT officer at Lancaster University Student Union, having already spent two years on the national women’s committee. The NUS women’s campaign “exists to represent and extend and defend the rights of women students… led by women students in our governance and decision-making processes”, their website claims. Last year, Mr. Lee won a battle to share toilets with biological women at his University, despite being quite open about his sexual interest in them and retaining all his male biology. “I never believed that running to be national women’s officer was a possibility”, he said in a Facebook post lunching “Anna’s” campaign last week. “In my five years in the student movement, I have changed a lot – in fact, some might say it’s been a transformative experience ;)” explained the newly self-identifying women. Adding: “I know the Women’s Campaign is ready. I know NUS is ready. I’m not convinced that the rest of society is. “But – when the transphobic ‘feminists’ come and try to tear me down, I will just fight harder, and with the help of amazing activists we will show them”, wrote the self declared women. Mr. Lee was also one of the leaders of the NUS’s first ever transgender conference last year, and was even invited to give evidence to a Parliamentary committee on transgender issues.A Furious Turkey Says US Is "Acting Like An Enemy," Demands Washington Brand Kurds "TerroristsTo be sure, the effort to usurp the Bashar al-Assad government wasn’t exactly going as planned in the first place. Regime change always takes time, but the conflict in Syria was dragging into its fifth year by the time the Russians got directly involved and although it did indeed look as though the SAA was on the verge of defeat, the future of the rebellion was far from certain. But to whatever extent the rebels’ fate was up in the air before September 30, the cause was dealt a devastating blow when Moscow’s warplanes began flying sorties from Latakia and while Ankara and Riyadh were Read MorePresident TrumpRod Little gets it; writing in the speccie, he's gunning for Trump for President - if only for the deep, unhealable grief it will cause the BBC mafia and Guardianistas. And all the others - those, as Liddle puts it, "who do not believe that it is even remotely legitimate to have a view which differs from their own." Imagine Polly Toynbee in hysterical floods of tears, being cradled by a screeching Susanne Moore, onto whose red velvet shoes Toynbee drips salt and snot. Monbiot attempts to end his career by eating a kilo of GM Soya, and all the assorted spouses and offspring of left wing characters in employment at the BBC and print media rail and rant wholly ineffectually. It would be worth a year's pension to see. Jonathan Freedland also gets it. Two or three weeks ago he analysed Trump's appeal; I think he's right on just about every point he makes ... Read more >> RELATED POSTS:Loud Trump resonates throughout America At Both Ends Of The Political Spectrum Americans Agree The Government Is FUBAR New Hampshire Primary:Sanders and Trump Victory For Vox Populi The "Race To Raqqa" Is Quickly Intensifyingvia Information Clearing HouseThis is a look at the larger picture of forces developing around Syria. Several foreign armies are aggregating at the Syrian borders with the intent to invade Syria and to occupy its eastern part. But before we dive into that, a short look at the curious situation developing in the north-west. Near Azaz the U.S. ally Turkey is currently shelling (video) the U.S. ally YPG which is fighting the CIA supported FSA. The Syrian-Kurdish YPG troops were heavily supported by the U.S. in their fight against the Islamic State in north-eastern Syria. Under U.S. tutelage they united with Arab anti-IS fighters under the label Syrian Democratic Forces. Read more >> RELATED POSTS: ISIS Turkey oil tradesISIS getting US weapons via Turkey Syria biggest US blunder ever? Syria, US Proxy war with Russia Road To World War III: Turkey Shells Syria For Second Day As Saudi Warplanes Arrive ‘I’m back from Syria. The media are lying to you.’ Eva Bartlett US Allies Now Fighting CIA-Backed Terror Groups In Syria
UK Asylum Seekers DEMAND ‘VIP’ Treatment
Taxpayer-funded three-star hotel accommodation provided for asylum seekers has been labelled discriminatory because paying guests receive better food than migrants who demand their “VIP status” be recognised. Private contractor Clearsprings is housing 129 refugees at the Mediterranean-themed Europa Gatwick Hotel where migrants have their own rooms, with en-suite bathrooms, plus a television and tea and coffee-making facilities. Yet, according to the Mail on Sunday, one of them was indignant about the conditions and demanded that they should be treated like VIPs. The man, who has previously worked at hotels in Dubai, said: “We should be considered VIPs because we are long-staying guests. We are making money for this hotel.” Daily Stirrer Immigration posts Turkey and Sadui Arabia Already Have Troops Fighting In Syria
Personal Freedom Versus Political Paternalism
What is the role of government in society? This has been and remains the most fundamental question in all political discussions and debates. Its answer determines the nature of the social order and how people are expected and allowed to interact with one another – on the basis of either force or freedom. The alternatives are really rather simple. Government may be narrowly limited to perform the essential task of protecting each individual’s right to his life, liberty, and honestly acquired property. Or it may be used to try to modify, influence, or dictate the conduct of the citizenry. In the first case, the government is assigned the duty of impartial umpire, enforcing the societal rules against assault, murder, robbery, and fraud. All human relationships are to be based on mutual consent and voluntary association and exchange. In the second case, government is an active player in people’s affairs, using its legitimized power of coercion to determine how the members of the society may live, work, and associate with each other. The government tries to assure certain outcomes or forms of behavior considered desirable by those who wield political authority. More Government Means Increased Government Force It's Official! Labour Party Supports Oppression Of Muslim WomenA Muslim women’s rights organisation has sent an open letter to the Labour leader Jeremy Corbyn, outing the innate sexism of the Labour leadership in refusing to take action against the large numbers of male Muslim Labour councillors who have actively blocked Muslim women from entering politics. The group demanded an independent review and accused the party of prioritising votes and being “complicit at the highest levels”. Muslim Women’s Network UK (MWNUK) named the Muslim-dominated city councils of Peterborough and Birmingham as a particular concern. The latter is already embroiled in a sexism row, and has been accused of covering up the activities of Muslim gangs alleged to have grooomed, abouse and sexually exploited under - age girls in council run care homes. Recently the Lord Mayor-elect and chairman of Birmingham’s Central Mosque was forced to step down because he said forced marriage was not a problem and lied about dealing with horrific cases of domestic abuse. The MWNUK urged Labour leaders to investigate "systematic misogyny displayed by significant numbers of Muslim male local councillors" and suggested that Muslim men within Labour had been allowed to operate under the "patriarchal ‘biradari’ system". "They don’t like women to be heard, to be empowered," a group spokeswoman told BBC2’s Newsnight, explaining how in Labour dominated councils talented Muslim women had been harassed out of top positions. In the examples given, the party had effectively allowed the men to enforce Sharia principles; ensuring women could not act freely without the permission of male guardians. Optician Fozia Parveen claims her efforts to become a Labour councillor in Birmingham in 2007-8 were scuppered by Muslim men in the party: “At the time, I was aware of a smear campaign against me, they said that I was having an affair with one of the existing councillors. I was quite taken aback. People were turning up at my family home trying to intimidate my mum.” She claimed Muslim men who were members of the local Labour party were behind the efforts to prevent her from standing. Landmark Report Explodes The Myth Of Economic Benefits From Mass Immigration November 2015How A Secretive Elite Created The EU To Build A World GovernmentVoters in Britain's referendum need to understand that the European Union was about building a federal superstate from day one As the debate over the forthcoming EU referendum gears up, it would be wise perhaps to remember how Britain was led into membership in the first place. It seems to me that most people have little idea why one of the victors of the Second World War should have become almost desperate to join this "club". That's a shame, because answering that question is key to understanding why the EU has gone so wrong. Most students seem to think that Britain was in dire economic straits, and that the European Economic Community – as it was then called – provided an economic engine which could revitalise our economy. Others seem to believe that after the Second World War Britain needed to recast her geopolitical position away from empire, and towards a more realistic one at the heart of Europe. Neither of these arguments, however, makes any sense at all. EuropeWhy Are Bigots So Offended By Being Called Bigots? As in the case of Iain Lee, the accusation of 'bigotry' seems to be more offensive than the actual bigotry which prompts it German Scientist Confims Climate Change Ia A Politically Motivated Scam Iran Releases Video Alleging the US, Israel and Allies were Behind Isis and the Paris Attacks Accept Everything, Question Nothing A chilling poll published in the US has revealed that 40% of those born in the 21st century – the so-called ‘Millennials’ – believe government should be able to limit speech regarded as offensive to minorities. The older the generation, the more opposed to outlawing aspects of free speech. The 35-50 ‘Gen X’ group approval of such a move was 27%; for the Baby Boomers (51-69), approval dropped to 24%, whilst the oldest age group asked (70-80) registered just 12% approval. European Governments Hold "Secret" Meeting To Dismantle Borderless Travel Since the spring of this year, when numbers of migrant flooding across the European Union's border illegaly began to rise exponentially we have predicted that the resultant crisis would bring about the end of the Schengen Agreement - under which 28 EU nations operate open internal borders, unravels in the face of the overwhelming flow of refugees fleeing the war-torn Mid-East Afghan troops defect to Taliban in Helmand WW3 US GOVERNMENT wants a WORLD WAR 3 Putin Lines Up The Big Guns As Obama 'Shoots Golf' And Kerry Vacillates Paris Horror Demonstrates Limits On Tolerance And Need For Border Controls As the lawless criminal scum imported by Merkel in her efforts to suck up to Obama threaten to turn Germany into a third world human cespit, it seems public opinion in European is waking up. Syrian regime forces held back by US anti-tank missiles in hands of rebels posted by Tapestry Obama to meet with experts on Pacific trade deal: White HousePresident Barack Obama will hold a meeting at the White House on Friday with experts from both political parties to discuss the Trans-Pacific Partnership, White House spokesman Josh Earnest said on Friday. The meeting will include four former Secretaries of State -Henry Kissinger, James Baker, Colin Powell and Madeleine Albright – among others. Cameron's Hopes For EU Membership Reforms For UK Torpedoed By Tusk
David Cameron’s hopes of winning serious concessions on sovereignty, border controls, contributions, trade agreements, human rights and labour laws so he could claim to have won a better deal for Britain by the time the in / out referendum starts next year European Union suffered an early blow when European Council President Donald Tusk warned that reaching a deal would be “very tough” ... US Debt Is Three Times More Than You Thinkhttp://www.informationclearinghouse.info/article43366.htm "The Hill" - The former U.S. comptroller general says the real U.S. debt is closer to about $65 trillion than the oft-cited figure of $18 trillion. Dave Walker, who headed the Government Accountability Office (GAO) under Presidents Bill Clinton and George W. Bush, said when you add up all of the nation’s unfunded liabilities, the national debt is more than three times the number generally advertised. “If you end up adding to that $18.5 trillion the unfunded civilian and military pensions and retiree healthcare, the additional underfunding for Social Security, the additional underfunding for Medicare, various commitments and contingencies that the federal government has, the real number is about $65 trillion rather than $18 trillion, and it’s growing automatically absent reforms,” Walker told host John Catsimatidis on “The Cats Roundtable” on New York’s AM-970 in an interview airing Sunday. The former comptroller general, who is in charge of ensuring federal spending is fiscally responsible, said a burgeoning national debt hampers the ability of government to carry out both domestic and foreign policy initiatives. “If you don’t keep your economy strong, and that means to be able to generate more jobs and opportunities, you’re not going to be strong internationally with regard to foreign policy, you’re not going to be able to invest what you need to invest in national defense and homeland security, and ultimately you’re not going to be able to provide the kind of social safety net that we need in this country,” he said. He said Americans have “lost touch with reality” when it comes to spending. Walker called for Democrats and Republicans to put aside partisan politics to come together to fix the problem. “You can be a Democrat, you can be a Republican, you can be unaffiliated, you can be whatever you want, but your duty of loyalty needs to be to country rather than to party, and we need to solve some of the large, known, and growing problems that we have,” he said. **************************************************Russia Wins While West Spinshttp://www.informationclearinghouse.info/article43359.htm Like a good laundering machine, the Western media operate an efficient spin cycle for rinsing out dirty water. No sooner had Russia’s foreign ministry issued a fairly straightforward statement on Syria’s political future this week, then Western media news outlets were getting all in a lather with the spin that Moscow was preparing to hang Syrian President Bashar al-Assad out to dry. What that reaction shows is that these outlets are dutifully laundering the political agenda of their governments. That agenda seems to involve getting Russia to implement, unwittingly, the Western objective of regime change in Damascus. Russian foreign ministry spokeswoman Maria Zakharova was quoted by Russian news agency ITAR-TASS as saying that the Syrian leader’s hold on power was not a matter of principle for Moscow. She also spoke about other important issues: the imperative to respect the sovereign right of the Syrian people to decide the political future of their country; and that regime change in Syria would usher in even greater disaster from terrorism and refugees. However, it was the words on Assad that got picked up and thrown into the spin cycle with haste. Britain’s state broadcaster, the BBC, issued a breaking news flash with the headline: ‘Russia says keeping Assad not crucial’. While American channel CNN adverted that: ‘Russian leaders were opening the door for Assad’s exit’. Such so-called news items are laughably becoming more like commercial breaks. Commercial breaks between, well, more commercial breaks. Low on intelligent content and pitched to get viewers to buy somebody’s tawdry product. There was nothing further to back up either report on BBC or CNN – only a selective, speculative interpretation of the words from the Russian foreign ministry. There was no mention of the sovereign right of the Syrian nation nor of the global-scale disaster if regime change were to take place. Just a seemingly puerile gaze at the words about Assad’s staying in power not being «a matter of principle» for Moscow. What the Russian foreign ministry spokeswoman actually said was this: «We have never said Assad's staying in power is a principled aspect. We are saying that the change of regime in Syria could become a disaster not only on a local or even regional scale, but, with account for that problem with refugees that we have now, this could become a big black hole». Russia had already warned about Western media «juggling with its words» over Syria, and in particular on attempts to wilfully distort its policy. Following the Vienna summit last weekend on Syria, there was Western speculation that Moscow had tacitly agreed to Assad relinquishing power. Russian Foreign Minister Sergey Lavrov sternly dismissed then what he called were «rumours». «I heard that the rumours are being spread already that it has been or will be agreed that Assad will step down in some period of time. This is not the case,» said Lavrov. If Western media were to provide a journalistic service instead of laundering their governments’ political agenda then they might have reported that Russia’s position is rightly centred on the sovereignty of Syria and on the defeat of foreign-backed terrorism in that country. That Moscow is saying that the question of Bashar al-Assad staying in power, or not, is not a matter of principle is simply stating that Russia does not view the Syrian leader as a life-long president. Assad’s presidency will be subject to the democratic will of the people, which is the all-important sovereign point. What is so controversial or enigmatic about stating that? Nothing, unless there is a mischievous will to misconstrue. Put another way, if Russia had said instead that Assad staying in power was a matter of principle for Moscow, then the Western media would no doubt have gone into double-spin mode and claimed that the Kremlin was dictating that the Syrian leader must remain in presidential office forever – regardless of the will of the electorate. One can imagine the headlines in that scenario: ‘Putin lays down law to Syrian people’ and so on. Of course, Western media spinning is hardly new and the consequences of the latest dash to misinterpret will no doubt be as fleeting as a soapy bubble. But the alacrity with which Western media outlets operated on the issue is instructive. Russia’s military operation in Syria to protect the state and its sovereignty from foreign-orchestrated mercenary terror groups has dealt a devastating blow to Washington’s covert military agenda of regime change. That agenda, instrumented by the deployment of mercenary terror groups, predates the outbreak of violence in Syria in March 2011 by several years, as uncovered by American journalist Seymour Hersh. Also as disclosed by former French Foreign Minister Roland Dumas, as well as leaked US diplomatic cables indicate from as early as 2009. Washington and its allies are now being compelled to use a political means to achieve what they couldn’t otherwise pull off by covert military means – because of Vladimir Putin’s bold intervention in Syria, beginning on September 30. Recall, too, that US Secretary of State John Kerry demanded last month, with typical haughtiness, for Russia to «bring Assad to the negotiating table». Not that there is much to discuss as far as Washington, London or Paris are concerned. Assad has to go, in their arrogant view, sooner or later. By going into so-called «diplomacy mode», as opposed to covert terrorist-supporting mode, what the Western imperial overlords expect is for Russia to comply with a political framework concocted in order to push Assad from power. That modus operandi is a negation of Syrian sovereignty, of course. And Russia is much too intelligent to be hoodwinked by these Western charlatans. |
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