The Global Lubricant: Sweet Crude

As the months pass and the U.S. economy continues its steady march toward systemic hibernation, Americans continue to endure a rather peculiar form of insurgent warfare; global-economic warfare.

Gone are the days when a U.S. President, ensconced safely upon the bully-pulpit, can lecture the American public on their excesses, the scarcity of thought and resources or re-engineer public sentiment toward peddle cars, wind-power and toxic-battery hybrids without stirring the ire of suspicion.  Even Al Gore was unable to weather the storm of contempt his manufactured carbon-credits market generated or his collusion with climatologist artful interpretation of environmental data. 

Yes indeed whereas the opportunity to craft a viable energy policy should have been the order of conscientious leadership, the preferred intentions seems to have opted simply to further exhaust the public’s sense of civility and diminishing faith in leadership from on high. 

Over the last few months I’ve had the opportunity, with the help of a great many radio hosts, to offer a completely different perspective as to the Political and Economic Policy of the Global Regime and the effects of their ideology on the prices of commodities right here in the U.S.  It’s not at all a difficult subject to grapple with however at times it may seem so as there are several components that contribute to the appearance of complexity.  I have studied this subject for many years and the simplicity of the functioning mechanisms are both striking as they are perverse in their curious form of genius.  The complicity however, is remarkable in both the degree of hubris and ignorance.  

I will engage your curiosity with three distinct components all of which, in near symphonic order, orchestrate the process.  They are as follows: 

  1. International Banking.
  2. Global Economic Policy.  And,
  3. The Art of Perceptions.  

What follows is a series of bullet commentaries highlighting the relevant points by topical reference.  It is important to consider through all that follows that supply is (in reality) not a relevant issue.  In fact the world is flooded with ample supplies of crude and natural gas.  Further, more and more scientific research is surfacing that further suggests that not only is crude abiotic (not the result of thousands of years of decaying dinosaurs or bio-materials), but more likely a fissionable byproduct of the earth’s thermal core processes. 

International Banking:

  • The Federal Reserve Bank is a non-sovereign enterprise and integral to the Central Bank Philosophy it has installed, with the aid of its companion entities the IMF and the Bank of International Settlements (BIS) located in Basil, Switzerland, in nearly every major nation-state around the world.
  • The Central Bank Philosophy functions purely on the suspension, by the respective Country, of its sovereign banking and financial apparatus.
  • The Central Bank Philosophy operates outside of Sovereign Laws by integrating its functioning apparatus through a form of licensing.  As with the Federal Reserve here in the U.S., the Federal Government actually passed legislation permitting the FED to function in this capacity.
  • This System operates on a fiat monetary concept using the “good faith and credit” concept whereby a Nation guarantees economic functioning of the system by hypothecating its national reserves in bullion and all economic resources to the Central Bank (System).
  • The System maintains the illusion of National identify by retaining a currency that identifies its respective host, e.g., the U.S. Dollar,  the Pound Sterling and so on.  Yet,
  • All currencies, in order to assert a presumed value, are measured (exchange rate) with reference to a dominant currency or what is commonly known as the “reserve currency”.  The U.S. Dollar holds this dubious distinction.
  • Central Banks, in concert with one another, make it a regular practice to manipulate and/or mimic economic activity simply by altering the value of currency through the practice of inter-bank currency transfers. This practice of currency manipulation is enhanced by the practice of currency arbitrage, the trading of currency based on movement or changes in currency exchange rates.
  • The Central Bank concept penetrates unwilling or unaccommodating nations banking systems, such as in the case with Russian and most importantly China, through the use of Sovereign Debt. As in the case with China, who holds approximately $980 Billion in U.S. Debt, it is often suggested that China “owns” the U.S. due to the belief that the Chinese represent the single greatest foreign holder of U.S. sovereign debt; you will soon discover that the risk is actually China’s and not the U.S.’s.  Remember, it’s not a supply problem; it’s an issue of control.
  • The Central Banking fiat money concept persists on perpetual inflation, i.e., rising prices. It is inflation that gives the illusion of economic growth. A company can actually produce less from one year to the next and due to inflation, have greater revenues on less output than the year before.  Due to inflation, you can have rising incomes appear to show a growth in household income yet still have no greater purchasing power than existed in 1978 – by the way, this is actually a factual statement.    

Global Economic Policy:

  • Global Economic Policy (GEP) has a single goal; to uniformly regulate and administer global resources regardless of sovereign interests or origins.
  • GEP accomplishes this through the implementation of the International Banking System (above).
  • By subverting the U.S. economy through various International Trade Agreements, Tax Laws and Political mechanisms, the U.S. has been forced in to a submissive economic role.  Instead of being both a 90% or better self-sustain resource and productive output-capable economic enterprise, the U.S. is now an import- dependent Nation.
  • Commodity Exchanges now operate on a global scale and thanks to the Frank-Dodd: Wall Street Reform Bill, Banks can now openly speculate in commodities. Whether you are in Shanghai, Sydney or Chicago, the uniformity of the global commodity regime requires a nation or enterprise in search of supply to purchase U.S. Dollars in order to purchase commodities. Why? The Dollar is the world reserve currency and if you want oil, grain or sugar you must have Dollars to pay for it.  This mechanism further facilitates the Central Bank Policy by mandating a demand for U.S. Currency both domestically and international.
  • Due to excessive spending on both the Federal and State Government levels and owing to the previous comment, the U.S. Economy (since, at least, 1971) is no longer capable of generating a positive economic, for both domestic and to sustain a positive international balance of trade, output to pay for its explosive spending practices.  Thus, Households, the Federal and State Governments are forced in to a debt-funded spending routine which further inculcates the apparatus of the Central Banking Philosophy both domestically and of course stranger still, it aids the CBP in penetrating unaccommodating nations, such as China, by selling these Countries the Sovereign Debt fabricated to pay for deficit spending. Remember, it’s fiat  money, it’s just paper, it’s meaningless and all the FED would have to do, if it wanted to, is simply execute an electronic routine and transfer (through the IMF) fake (fiat) money to pay off fake debt.
  • Through the use of currency manipulation, Central Banks can dramatically affect the purchasing power of a Nations currency. It can also affect the value of a Nations Sovereign Debt as well as any nation’s economic viability.  For example: Let’s say that as an extension of International Banking Policy (so-called foreign policy) you want to make the Chinese more financially accommodating but the Chinese prefer to keep their currency independent of the Central Bank Regime; simply flood the globe with U.S. Dollar’s plunging its value to record lows. Here’s the result, commodity prices soar forcing the Chinese to spend more money to supply its resource import-dependent economy. But there’s also a double benefit to this scheme too; the value of the U.S. Debt this country holds just devalued at the same percentage decline as the drop in the value of the U.S. Dollar.  Economic warfare without firing a shot!
  • Crude Oil, one might find it interesting to note, has been used by the Globalist as simply another form of currency. Through the benefits of global commodity exchanges the International Regime can flood currencies of one form or another to any nation it chooses simply by affecting the value of a barrel of Oil and placing sanctions on another. This comment will make more sense if you consider that the cost of drawing oil out of the ground doesn’t change from day to day, nor does the cost of shipping it.  Once the well is producing, the cost at-the-head is established.  Ironic as it is, the U.S. is still the third largest producer of crude oil on the planet and is also the nation with the largest proven reserves on the planet yet still Americans pay the very same price per barrel of oil established by the manipulated and wildly speculative commodity exchanges. If you were to consider the Chinese investment in Libya’s oil drilling infrastructure and refining capacity then the recent and continuing Libyan incursion may take on a whole new perspective.  After all, few were unaware of Gaddafi’s and his 40 year-long regimes activities. It is indeed, the most affective Global Lubricant. Remember, it’s not a supply problem. 

The Art of Perceptions:   

  • Manufacturing perceptions is a very effective tool in manipulating public opinion and conscientious thought. What seems plausible can be made to appear as extreme and likewise, what is extreme can be made to appear reasonable.
  • As a Nation, for generations various extremes have been nicely packaged to appear as reasonable.  In a short span of 30 years we’ve gone from a global-cooling panic to a global-warming terror.  From the need to have catalytic converters on automobiles to control emissions to discovering that they were contributing to Co2 emissions. From the terror of an impending doom of food rationing in the mid-70’s to excess agricultural output that triggered ag-subsidies to incentivize farmer’s suspension of further planting. Free-markets at work?
  • In the U.S., the Art of Perception continues to wage war on the American public whether it be in the we are a nation of laws pitch to we are a nation of free people ruse.  From the partisan pitch of the false ideologies of political philosophies to the ruse of mandatory entitlement spending.  We, as a people are surrounded and inundated with the factory of near unlimited resources producing a seemingly endless supply of artful perceptions

The Regime that is the factory of manufactured perceptions is without any doubt fully employed with an ambition contrary to your sovereign rights. To be sure, I am not a conspiratorial prognosticator and I see the momentum favoring these policies as simply and only the result of an intention that has no opposition. After all, as Mayer A. Rothschild said: 

“Let me issue and control a nations money and care not who writes its laws.” 

He was right, when there are no intentions in opposition to a manufactured perception then by default the only perception standing is the one that wins! 

So there you have it, the reason why fuel and food prices are spiraling and will continue to do so until the license accommodating the manufacturing of perceptions is brought to an end.  Until the Global Lubricant is seen for what it is, the false perception of a supply problem, then the perception persists as a reality. And, if there is a supply problem, then it exists only in the area of Political Courage that will call it like it is and the Public Will to insist that the Regime has no options!

There are no easy fixes but there are many sure cures: 

  1. If the Central Banking Philosophy has to be maintained for a short time, at least remove its “Agent of the U.S. Government” status and confine monetary output to true GDP output which excludes all Government Spending and mandate a Balanced Budget Amendment.  And, at the very least,
  2. Confine Banks to the business of banking and surcharge all income from commodity speculation at a rate of 80%. Permit only commodity end-users access to Commodity Trading.  

Then watch how quickly prices stabilize in a downward trajectory. 

In the end, as is my custom to assert; 

“Man must be Free for Independence to be at Liberty to be expressed!”

This statement, by the way, is not a perception! 

Curtis C. Greco, Founder

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