So… What’s Up with That!
This week has been really strange as regards the news both domestic and international. While seemingly divergent and independent stories: US – Ebola outbreaks, terror in the Canadian Parliament, deepening strife in Syria, dumping of the Greenback, falling oil prices, etc.; there is a nagging suspicion that all are connected beneath each story and most of it is centered on oil and the petro-dollar. First, we have the news that the Chief Executive Officer of the French Energy giant Total, (proun. Toe-tal), has been killed in a freak plane accident in Russia. Christophe de Margerie died in a fiery crash of a French plane along with the crew after striking a snowplow at Moscow’s airport. While accidents do happen, of course, the fact that he was in Russia for high-level discussions concerning oil and gas trading makes this highly suspicious given the fact that Margerie has been a proponent of removing the petro-dollar from international energy trading in favor of other currencies and a mix of market basket currencies including gold. In fact, a second event is taking place these past few weeks that has benefited the US gasoline consumers enormously and that is the falling price of a barrel of crude. The major news outlets, which are nothing more than the mouthpiece of the military-industrial complex, is reporting that the falling price of a barrel of oil is a function or lessening demand, which is only part of the story. The main feature is that an agreement was forged between the Obama Administration and Saudi Arabia, who wishes to be the dominant force in the Middle Eastern oil market, to increase production. This has a two-fold purpose to undermine the revenue of the various ISIS-Al Qaeda-Islamic State, call them what you will, which has captured key oil producing regions throughout the Middle East and North Africa, but more importantly, to undermine and destabilize the purses of the Russians in both their support of Syria’s Assad, their involvement in Ukraine, the Russia-China-Iran alliance in removing the petro-dollar, and further, foment the increased cooperation of the very loose and reluctant European alliance in Syria by lessening the EU’s reliance on the Russian oil and gas. Keep in mind that the current market price of a barrel of oil is hovering around $80 – $85. This is dangerously close to the productions costs, in fact, is less than the production cost of shale oil (roughly about $96). Obviously, this cannot be sustained in the long run as it not only will affect the US adversely, but could trigger a worldwide economic collapse… a frightening prospect in our unstable economic times.
Another aspect of this is that an adept player in world economics, none other than, Fat-Cat George Soros is calling for European and US military and economic aid (read intervention) to the Ukraine. For those who don’t have a scorecard, he means the illegal usurper government of Ukraine which overthrew the validly elected government in early 2014, because it refused to accept the IMF agreement, (with all the strings attached), over closer economic ties to Russia. Again this particular situation revolves around energy and the petro-dollar. Soros is a major player in energy being the owner of all manner of energy producing, refining, and trading conglomerates and also would like interests in the Russian and Ukrainian gas and gas pipelines which supplies gas to the EU.
Finally, we have the state of flux occurring in the Middle East. Here, Syria, a key oil producer, is the latest target of a deliberate action to wrest control of the oil reserves and production to puppet governments for the West. Much like dominoes, we first witnessed the destabilization of Iraq; then North Africa, mainly Libya, but also Egypt and Tunisia; now Syria; then possibly Iran. However, with the Russian-Chinese support of Iran this is a ticklish situation. Additionally, we have the Israelis claiming the newly discovered oil reserves off the coast of Gaza as their own, which could be the basis of the recent attacks in Gaza by Israel.
Concurrently, we have increasing financial and trade sanctions against Russia for which they are retaliating, along with China, in the dumping of Greenbacks. This is causing not only economic harm to both of these economic and military giants but ultimately undermines our dollar here at home in the US.
Folks, this is an extremely dangerous situation that once played out could lead at best to a worldwide economic depression and at worst WWIII. Right now, in my own humble estimation, we are in an economic and military version of the 1960 Cuban Missile Crisis between Khrushchev and Kennedy. Each side is waiting for the other to blink, yet one stupid political, economic, or military move could plunge the world into an awful conflagration. Considering the ineptitude of the current Obama administrations handling of recent domestic problems, i.e. Ebola, open borders, illegal immigration, assaults against the sanctity of marriage, etc. it would not be surprising for another disastrously wrong move by Obama and company to trigger this.
The most amazing aspect of this head-to-head, toe-to-toe stand between P v. O is that it is between two brands of Socialist ideologies; and make no mistakes, over the past recent decades US political philosophy has become unequivocally a Socialist one, which is more accurately called Fascism, that is, a collusion of business and state. While Russia, since 1990, has become a Social-Democratic State (obviously Socialist). Clearly this is the advancement of perpetual Hegelian Dialectic, that is, previously it was Capitalism v. Communism; now it is Social-Fascism v Social Democracy. Unfortunately, while these leviathans posture and rumble the small beings, like you and I are innocently caught in the fray. In modern parlance we are collateral damage.
Now more than ever, the only recourse we have is to storm Heaven with our Rosaries for the Consecration of Russia to the Immaculate Heart of Mary. In all other spheres we, the ordinary people have no influence whatsoever. So keep up the daily family Rosary it is our final hope.
Richard of Danbury, D.S.P.