Anonymous commenter left a comment, on Mark's post of this morning, which I think deserves a post of its own:
Fitzgerald over at Jihadwatch.org has frequently noted an article by J. B. Kelly printed June of 1979 in the now out-of-print "Encounter" magazine, titled "Of Valuable Oil and Worthless Policies".
Western powers that be, have believed now (for generations) that to secure
favorable oil contracts in the ME, the West would sell themselves out.. . .in
the guise of "recycling", a magical process by which the vast sums paid out for
oil would be recovered both by the sale of equally vast quantitites of
industrial goods and arms and by luring the Arabs into investing their financial
surpluses in the West.
What few paused to consider, or if they did, resignedly rejected as
impracticable, was whether it would not be wiser to press for a reduction of oil
prices. After all, if for any reason the contracts for arms and other Western
manufactures were to be cancelled, the West would still be compelled to pay
excessive prices foroil without being able to offset them by the sale of
Chieftain Tanks and F-16's.
That 30 year old article is a must read.
Oil holds the value we permit to assign it. Policies which prevent reasonable value for oil - like restrictions on domestic drilling & refinement, restrictions on alternate energy sources like nuclear, wind or solar - these policies in effect raise the value of crude, as OPEC and speculators see fit.
Taking a lesson from the 1980's and the Silver scandal,
In 1979 the sons of patriarch H.L. Hunt, Nelson Bunker and William Herbert,
together with some wealthy Arabs, formed a silver pool. In a short period of
time they had amassed more than 200 million ounces of silver, equivalent to half
the world's deliverable supply ...
The WEST should tap all available resources and flood the market with energy options. It will take time as equipment necessary to tap/process these resources are scarce in supply. Industry has some catch up to do - a process which will benefit our economy here as well.
Wake up, suck the value out of jihad juice and defund jihad now. Ali Sina, Hugh Fitzgerald, Robert Spencer, Andrew Bostom, Bat Ye'or et al. continue to expose the fraud of this supremacist doctrine, while Mark Steyn and a formidable army of bloggers expose the stealth jihad of dawa, demographics, dhimmitude or death.
Islam delende est
Here's another way, that we unintentionally helping the terrorists.
ReplyDeleteIt a video by tshoebat, called Pot_Supports_Terrorism
While I don't agree with everything he says, (or a lot of his other videos for that matter) he makes a compelling point.
Fellow IBA bloggers WC and Always on Watch just interview Ted Shoebat on their radio show yesterday. You might be interested in listening to it.
ReplyDeletePastorius,
ReplyDeleteMaybe I'll listen.
But I would like to ask, what do you think of the video? I am wondering if it's IBA, material.
Hi Damien,
ReplyDeleteI wouldn't post it myself. I am almost a Libertarian. I believe people ought to be allowed to abuse themselves in any way they want to do so, as long as they are not hurting others. I think people ought to be allowed to gamble themselves into bankruptcy. I think people should be allowed to engage in whatever sexual activity they want to participate in short of murder, bestiality, child molestation, or mutilation. Additionally, I think people ought to be allowed to shoot heroin into their bodies, if they want to, or to smoke pot until their eyes fall out.
I believe in freedom to the extreme.
Now, if there were an IBA contributor who did not agree with me, and they were to want to post that video, I certainly would not stop them from doing so.
I've been urging Americans I know to press for oil use reduction for some time now, for precisely this reason. unfortunatly I've met a bit of resistance due to the left-right divide. Oil conservation, and conservation of any type, has traditionally been a policy of the left. For this reason, the right opposes it - even if it's a good idea, they just cant bring themselves to support any idea that origionated with the left.
ReplyDeletePolitics is strange in some ways.
Oh, I'm not attacking the right here - it works in reverse in other areas, with the left doing things one way purely because the right does them another :> Essentially politics, espicially in the US has been reduced to two factions that each define themselves as the opposite of the other - and they are so caught up in fighting their opponent, they often forget they are supposed to be picking the best policies.
Suricou Raven,
ReplyDeleteI oppose oil conservation for two reasons,
1) I believe we have a tremendous amount of untapped oil we are not using because of the authoritarian oppression of Greenies
and
2) if we don't have much oil, it's better that we run out, so that we get up off our asses and figure out what we're going to do next ...
That being said, I agree with you that our political parties do, very often, seem to simply define themselves in opposition, rather than defining what they believe in.
ReplyDeleteI'm with Ronald Reagan:
There are no easy answers' but there are simple answers. We must have the courage to do what we know is morally right.