HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Ichingcarpenter » Journal
Page: « Prev 1 2 3 4 5 6 7 8 9 ... 61 Next »


Profile Information

Member since: Wed Dec 12, 2007, 11:59 PM
Number of posts: 36,988

Journal Archives

The Secret of the Seven Sisters

A four-part series that reveals how a secret pact formed a cartel that controls the world's oil.

On August 28, 1928, in the Scottish highlands, began the secret story of oil.

Three men had an appointment at Achnacarry Castle - a Dutchman, an American and an Englishman.

The Dutchman was Henry Deterding, a man nicknamed the Napoleon of Oil, having exploited a find in Sumatra. He joined forces with a rich ship owner and painted Shell salesman and together the two men founded Royal Dutch Shell.

The American was Walter C. Teagle and he represents the Standard Oil Company, founded by John D. Rockefeller at the age of 31 - the future Exxon. Oil wells, transport, refining and distribution of oil - everything is controlled by Standard oil.

The Englishman, Sir John Cadman, was the director of the Anglo-Persian oil Company, soon to become BP. On the initiative of a young Winston Churchill, the British government had taken a stake in BP and the Royal Navy switched its fuel from coal to oil. With fuel-hungry ships, planes and tanks, oil became "the blood of every battle".

The new automobile industry was developing fast, and the Ford T was selling by the million. The world was thirsty for oil, and companies were waging a merciless contest but the competition was making the market unstable.

That August night, the three men decided to stop fighting and to start sharing out the world's oil. Their vision was that production zones, transport costs, sales prices - everything would be agreed and shared. And so began a great cartel, whose purpose was to dominate the world, by controlling its oil.

Four others soon joined them, and they came to be known as the Seven Sisters - Exxon, Shell, BP, Mobil, Texaco, Gulf and Chevron - the biggest oil companies in the world

Posted by Ichingcarpenter | Thu Apr 11, 2013, 03:17 PM (3 replies)

Guess who came to the white house today?

President Barack Obama is meeting today with 15 heads of the world’s biggest banks, including Goldman Sachs Group Inc. (GS)’s Lloyd C. Blankfein and JPMorgan Chase & Co. (JPM)’s Jamie Dimon, White House officials said.

The state of the U.S. economy will be among the topics for the discussion, which will also include Bank of America Corp. (BAC)’s Brian T. Moynihan, Citigroup Inc. (C)’s Michael Corbat, American International Group Inc. (AIG)’s Robert Benmosche and Wells Fargo & Co. (WFC)’s John Stumpf, according to an administration official, who requested anonymity because the meeting is private.

The CEOs arrived at the White House at about 10:30 a.m. Washington time and went inside without making any comments.


MY comment? Something is in the air and it doesn't smell good . I wonder what they had for lunch?
Posted by Ichingcarpenter | Thu Apr 11, 2013, 01:50 PM (67 replies)

Elizabeth Warren 'Shocked' At White House Plan To Cut Social Security

Senator Elizabeth Warren (D-Mass.) made it clear Wednesday in an email to supporters that not only would she oppose President Barack Obama's plan to cut Social Security benefits through a cost-of-living adjustment known as chained CPI, but that she was "shocked to hear" it was included in the White House's budget proposal at all.

Warren said her brother David lives on the $13,200 per year he receives in Social Security benefits. "I can almost guarantee that you know someone -- a family member, friend, or neighbor -- who counts on Social Security checks to get by," she wrote. She continued:

That's why I was shocked to hear that the President's newest budget proposal would cut $100 billion in Social Security benefits. Our Social Security system is critical to protecting middle class families, and we cannot allow it to be dismantled inch by inch.
The President's policy proposal, known as "chained CPI," would re-calculate the cost of living for Social Security beneficiaries. That new number won't keep up with inflation on things like food and health care -- the basics that we need to live.

In short, "chained CPI" is just a fancy way to say "cut benefits for seniors, the permanently disabled, and orphans."

Posted by Ichingcarpenter | Wed Apr 10, 2013, 01:44 PM (30 replies)

Guess who’s not coming to dinner?

Sen. Bernie Sanders says liberals want face time with Obama

Sen. Bernie Sanders (I-Vt.) doesn't like what President Obama's budget could do to Social Security benefits. And he's not that happy that the White House is hosting a dozen Republican Senators for dinner tonight -- while progressives' invitations appear to have been lost in the mail.

Asked whether Obama ought to reach out more to liberals, including those like Sanders who are eager to chew up his budget, the senator joked: “Am I anxious to get a good free dinner? Absolutely, I am always open for a good free dinner.”

But "that invitation has not been offered," Sanders told Top Line in an interview on Pennsylvania Avenue just outside the White House gates. "He hasn't reached out to me, to the best of my knowledge, he hasn't reached out to progressives, and that is disappointing.”
Sanders is part of a group of progressive members of Congress, and interest groups, opposing the president’s budget.

Following his interview with Top Line, he joined a rally in front of the White House to garner support for a petition calling on the president not to cut Social Security and Medicare benefits.
“People who have voted with the president, it's not just Bernie Sanders, are extremely disappointed with the president,” says Sanders, who points to unions, veterans’ organizations, and AARP as organizations that share his position. “They are saying, do not balance the budget on people who have lost their arms and legs defending this country.”

Posted by Ichingcarpenter | Wed Apr 10, 2013, 10:51 AM (40 replies)

And I thought General Petruss and soviet generals medal slop was bad

North Korea wins
Posted by Ichingcarpenter | Wed Apr 10, 2013, 09:08 AM (15 replies)

Conservative magazine Human Events up for sale, could close

Human Events — the venerable, but struggling, conservative weekly revered by generations of Republicans — has been put up for sale, and may close entirely if a buyer can’t be found, POLITICO has learned.

Read more: http://www.politico.com/story/2013/02/conservative-magazine-human-events-up-for-sale-could-close-87925.html#ixzz2Q3opiaRj

Reagan's favorite paper since 1961
Human events was first published in 1944
Posted by Ichingcarpenter | Wed Apr 10, 2013, 07:56 AM (4 replies)

Thatcher"unabashedly racist" says former Australian foreign minister.

Australia's Foreign Minister Bob Carr has described comments made by Baroness Thatcher as "unabashedly racist".

In a conversation with her "in her retirement", Mr Carr said the former UK prime minister had warned Australia against Asian immigration.

She said "if we allowed too much of it we'd see the natives of the land, the European settlers, overtaken by migrants", he said.

He said he had been "astonished" at the comments by Lady Thatcher, which were made while his Malaysian-born wife Helena was "standing not far away" but was "fortunately out of earshot".

He went on to recall: "I remember one thing she said as part of that conversation, she said: 'You will end up like Fiji.' She said: 'I like Sydney but you can't allow the migrants' - and in context she meant Asian migration - 'to take over, otherwise you will end up like Fiji where the Indian migrants have taken over.'

"I was so astonished I don't think I could think of an appropriate reply."


'She made some mistakes'
I won't forget that post on DU.
Posted by Ichingcarpenter | Wed Apr 10, 2013, 06:51 AM (7 replies)

2500 BC Turkistan Gonur-Tepe

AFP).- Over four millennia ago, the fortress town of Gonur-Tepe might have been a rare advanced civilisation before it was buried for centuries under the dust of the Kara Kum desert in remote western Turkmenistan.

After being uncovered by Soviet archaeologists in the last century, Gonur-Tepe, once home to thousands of people and the centre of a thriving region, is gradually revealing its mysteries with new artifacts being uncovered on every summer dig.

The scale of the huge complex which spans some 30 hectares can only be properly appreciated from the air, from where the former buildings look like a maze in the desert surrounded by vast walls. Just 50 kilometres (30 miles) from the celebrated ancient city of Merv outside the modern city of Mary, the ruins of Gonur-Tepe are an indication of the archeological riches of Turkmenistan, one of the most isolated countries in the world.

Around 2,000 BC, Gonur-Tepe was the main settlement of the Margush or Margiana region that was home to one of the most sophisticated, but little-known Bronze Age civilisations.

More Information: http://www.artdaily.org/index.asp?int_sec=2&int_new=61758#.UWUqM3Dv1Q3[/url]
Copyright © artdaily.org

Posted by Ichingcarpenter | Wed Apr 10, 2013, 05:05 AM (2 replies)

The Moderates and the 2010 election

The truth: 2006 exit polls http://edition.cnn.com/ELECTION/2006/pages/results/states/US/H/00/epolls.0.html


You’ll notice that liberal turnout was about the same in both midterms, about 20%. But it appears that either moderates sat out the 2010 in great numbers or they flipped to conservative. Either way, the urban legend is not borne out in exit poll data so stop that bullshit.

I also blame Obama's choice of Tim Caine who just plain sucked and I complained before the election his lack of presence on promoting democratic talking points to the public.
Posted by Ichingcarpenter | Wed Apr 10, 2013, 03:23 AM (8 replies)

A couple of new wikileaks UFO memos

Wikileaks reveal - King Hassan of Morocco sought 'ufo' answers from USA.


And this one

Posted by Ichingcarpenter | Mon Apr 8, 2013, 09:33 AM (0 replies)
Go to Page: « Prev 1 2 3 4 5 6 7 8 9 ... 61 Next »