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Analysis

Behind Oil Price Rise: Peak Oil or Wall Street Speculation?

oil-supplyby F. William Engdahl

Since around October last year, the price of crude oil on world futures markets has exploded. Different people have different explanations. The most common one is the belief in financial markets that a war between either Israel and Iran or the USA and Iran or all three is imminent. Another camp argues that the price is rising unavoidably because the world has passed what they call “Peak Oil”—the point on an imaginary Gaussian Bell Curve at which half of all world known oil reserves have been depleted and the remaining oil will decline in quantity at an accelerating pace with rising price.

Read more: Behind Oil Price Rise: Peak Oil or Wall Street Speculation?

   

How Many Violations of US Arms Laws are Too Many?

capitolhillOn March 6, 2012, the US Congressional Research Service released a report to the US Congress concerning Restrictions on the use of American weapons by recipient countries. For those who have followed the subject there was not a whole lot new in the CRS study, yet it is instructive in identifying Israel once again as far and away the most egregious violator of virtually every provision of every US law which purports to regulate how American weapons are used.

Read more: How Many Violations of US Arms Laws are Too Many?

   

Goldman Sachs: Making Money by Stealing It

Goldman SachsMoney power in private hands and democracy can't co-exist. Wall Street crooks transformed America into an unprecedented money making racket.

Goldman symbolizes master of the universe manipulative fraud. It's been involved in nearly all financial scandals since the 19th century.

Read more: Goldman Sachs: Making Money by Stealing It

   

All Quiet on the Southern Front

airstrikeACTUALLY, QUITE a lot

This week’s “round”, as the army likes to call it, followed a well-established pattern, as formal as a religious ritual.

It started with the assassination (or “targeted elimination”) of a hitherto unknown Palestinian resistance (“terrorist”) leader in the Gaza Strip.

Read more: All Quiet on the Southern Front

   

Obama’s Iran Policy Commits Him to War

Supreme Leader Ali KhameneiDespite the alleged difference between President Obama and Israeli Prime Minister Benjamin Netanyahu on Iran, both embrace a position that logically commits them to war. If war is to be avoided, as Obama says he wishes, he will have to abandon his current stance.

Read more: Obama’s Iran Policy Commits Him to War

   

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