U.S.A. – Welcome to Man’s New Oil World!
Oil has replaced Dollars as the Main Mammon
It Drives
the Machines of What the nations Love
Controlling Mankind by Force
of a National Interest
Which all Politicians Know is Providing Them Mammon
Elector voting decision is based on most False Promises!
The article from Arutz Sheva on the growing takeover of American corporations involved in mammon distribution is no surprise to me. In the word’s of the unknown comic on the Gong Show, “You ain’t seen nothing yet!”
As a synoptic analyst, trained to put the pieces of a puzzle together, from which future decisions can be made, it was apparent to me more than 32 years ago what we now see in the Middle East would eventually happen.
In my first book, “Tectonic Chaos,” written in 1976, I wrote the following:
BEGIN QUOTE
“[Oil is slowly replacing the dollar in international importance – and soon ten Arab nations will have gained economic control of much of the earth’s wealth. We will not try to stop them because of the Soviet Union – and the Soviet Union will not try to stop them because of us and Red China. The world power block will block itself as the ten Arab nations prosper in their midst.]”
END QUOTE
This had to happen in order to dampen the influence of the United States in the Middle East, and to turn national interests toward its own internal domestic welfare. The politicians of this generation are not elected on morality, patriotism, or religion, but on who can be the most charming, plus make promises that prosperity will abound and we will not be involved in war – “and the people love to have it so.”
Jeremiah 5:29-31 – Shall I not visit for these things
? saith the Lord: shall not my soul be avenged on such a nation as this
? [30] A wonderful and horrible thing is committed in the land; [31] The prophets prophesy falsely, and the priests bear rule by their means; and my people love to have it so: and what will ye do in the end thereof
?
July 18, 2008
http://www.tribulationperiod.com/
Begin Arutz Sheva Article
Dinars for Dollars: Arabs Buying Out Collapsing Western Banks
15 Tammuz 5768, 18 July 08 07:40
by Tzvi Ben Gedalyahu
(IsraelNN.com) First it was Citibank.
Now it’s Barclay’s and New York City’ s Chry
sler Building skyscraper. Muslim Arabs are buying out collapsing Western banks and businesses
and gaining growing international power, but some Arab investors are worried their investments may go down the drain with the American economy.
The current financial crisis in the United States has spread to other countries because of a massive debt that was not backed by enough real and liquid collateral. Banks and businesses gasping for financial breath are up for sale at basement prices, but no one is certain if the basement
is the bottom.
“The possibility remains that more Arab white knights will be sought to rescue ailing financial institutions,” wrote Dr. Mohammed Ramady, a former banker and Visiting Associate Professor at the King Fahd University of Petroleum and Minerals in the Financial Adviser magazine. He said he fears that Arab investors will end up chasing their investments with more money to keep them from going under.
The Abu Dhabi Investment Council of the oil-rich United Arab Emirates kingdom of Abu
Dhabi last November announced it was bailing out the mammoth Citibank financial institution, formerly headed by Bank of Israel Governor Prof. Stanley Fischer, with $7.5 billion.
Next in line was Britain’s Barclay’s Bank, which raised $9 billion from investors in the oil-rich kingdom of Qatar and in Asian countries. The Abu Dhabi Investment Council last month forked out approximately $800 million for a 75 percent stake in New York City’s 1,046-foot-tall Chrysler Building, which was the world’s tallest building for a year until the Empire State Building surpassed it in the 1930’s.
The purchase of American banks by foreigners has been blocked in the past by security and political considerations, but the barriers have come down, wrote Dr. Ramady. “How long this lasts is only a matter of guesswork, as once again, the specter of foreign takeovers of ‘national’ symbols will be hard to accept,” he added.
The latest American symbol to go down the drain is the Anheuser-Busch beer brewer. The Times of London wrote, “The weak dollar and weak economy mean the United States is up for sale. Japs are conquering the car industry. Arabs just bought part of the Chrysler Building. Jeez, they even tried to buy the ports a while back.
Whatever next? A hijab on the Statue of Liberty?”
In a more serious vein, The Australian editor-at-large Paul Kelly wrote earlier this month that the foreign investments, headed by Arabs, signal a major change in international power.
“The energy, financial and political woes that grip the U.S. signal a decisive shift in world power, mocking the liberal delusion that Barack Obama or John McCain can return American prestige and power to its pre-Bush year 2000 nirvana,” he wrote. “There is no such nirvana. There is instead a new reality: the greatest transfer of income in human history [and] the rise of a new breed of wealthy autocracies that cripple U.S. hopes of dominating the global system and demands on the U.S. to make fresh compromises in a world where power is rapidly being diversified.”
Flynt Leverett, former director of Middle East Affairs on the National Security Council, thinks that “the international economic position of the United States has deteriorated substantially since the new millennium.”
In the current issue of The American Interest, Gal Luft, from the Institute for the Analysis of Global Security, warned that OPEC’s Arab countries could potentially “buy the Bank of America with two months’ worth of production and General Motors with six days’ worth.”
The growing Arab takeover of American businesses continues unhindered. The giant Dow Chemical company and a Kuwaiti company have agreed to set up world headquarters for their joint petrochemical venture in Dearborn, Michigan, which has a high concentration of American Arabs.
The Abu Dubai Investment Council years ago entered the international media business, buying a nine percent stake in Reuters News Agency, which usually reports with an open anti-Israeli bias.
However, Abu Dhabi’s’ director of international affairs, Yousef al Otaiba, has reassured American officials that its purchase of Citibank will not be used to exert political pressure on the U.S. He wrote the Treasury Department, “It is important to be absolutely clear that the Abu Dhabi government has never and will never use its investment organizations or individual investments as a foreign policy tool.”
FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law.
In accordance with Title 17 U.S.C. Section 107, the material on this site
is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more detailed information go to:
http://www.law.cornell.edu/uscode/17/107.shtml.
You may use material originated by this site. However, if you wish to use any quoted copyrighted material from this site, which did not originate at this site, for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner from which we extracted it.