the dollar vigilante blog
Feedback Friday - June 8th, 2012
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We have some great letters and comments from our readers this week, so lets get right into it.
OIL AND THE PETRODOLLAR
IN RESPONSE TO: "Jeff Berwick - Cambridge House Live - June 2012"
It would be great if you could elaborate on something mentioned in your video interview.
Since the US dollar is required by a 1970s OPEC/US agreement to be used for the majority of crude oil volume purchases, and this agreement essentially put into place a mandate for 150+ privately owned central banks worldwide to hold US dollars (some 60% of all central bank reserves) in order for governments to buy oil from the Middle East (really, Saudi Arabia) -- how is this agreement going away anytime soon? This agreement ensures US dollar stability regardless of its dilution, in order to purchase worldwide infrastructure and commodities by central banking factions.
I realize the "media" has been reporting that Iran is challenging the petrodollar status. Iraq tried to do so. Same goes for Russia. But the oil volumes appear to be too low for these to have much impact, so my guess is that these news articles are propaganda designed to ultimately place blame on a US dollar collapse, when the central bankers are ready to pull the rug out on the American middle class.
From a fan
Thanks for your question. That is an interesting way of looking at what is going on... but in my opinion, it is a backward way of looking at it. It would be like saying Joe brutally beats his wife everyday but since they agreed in a marriage contract years ago to stay together for eternity that nothing can or will change and Joe can and will beat his wife into eternity. What I mean is, a contract is just a piece of paper. And many of these contracts always fall along the wayside as economics kicks in, just look at Bretton Woods. Not to mention, as well these are contracts signed by something that doesn't actually exist (government) makes it even less of a valid document. (For more on why government doesn't exist see this video by Stefan Molyneux). We often get fooled by the people with guns who purport to govern us into thinking any of these things are real but, in reality, they are not.
Now, that aside, even if you believe all of these entities are real and this agreement signed in the 1970s has validity, it still does not ensure that the US dollar will continue to be used for petroleum transactions. In fact, the writing has never been clearer on the wall that it won't. The criminals in the US Government have certainly been fighting that day off for as long as possible, however. Saddam Hussein stated in 2000 that he would begin to accept euros in payment for oil (Slime Magazine: Saddam Turns His Back on Greenbacks). Less than 2.5 years later and Donald Rumsfeld was shock and aweing women and children in Iraq into radiated hamburger. Moammar Gaddafi was pushing forward heavily on a single African currency made from gold - something that would have brought prosperity, finally, to Africa. Soon after, Killary Clinton cackled as he was hunted down like a dog on video, sodomized with a pipe and brutally murdered. And, earlier this year, Iran stated they would accept gold for oil, further spurring the war drums out of Washington.
Certainly, anything they are fighting this hard against must be very important to them. And, it is. The usage of the US dollar for oil is one of the last remaining reasons most countries even bother holding them. And, the actions of the US Government to demand the compliance of others with force has made some believe that it is the might of the US military killing machine that will keep the US dollar forever alive. But, that is highly, highly unlikely... and not to mention extremely depressing if you believe that the US military will force us at gunpoint to use their currency forever. But, it's not going to happen. The numbers just don't add up. The reason the dollar hasn't already entered into hyperinflation is because of its use globally. But you cannot force a planet of 7 billion people to use a dying currency by force. And, as the dollar continues to collapse it will not be possible to even buy fuel for the world's largest user of oil (the US military) to power its aggression.
That's why The End Of The Monetary System As We Know It (TEOTMSAWKI) is such a positive thing for humanity. It will almost certainly bring down the US Government (as we know it) and its military with it and give mankind a chance for peace and prosperity that hasn''t been possible since the invention of nation states and central banks. The main problem is how we get from here to there. It's going to be the biggest event in human history. Are you preparing for it?
A PLAN FOR THE FUTURE
I have an awesome idea. Let's throw all of the Obama boys in prison along with the scum bags and throw the no good f***ed up weasel politicians in prison. Throw the parents in prison that abuse their children. Throw the goons in prison that operate Wall Street and throw the whole congress in prison along with ACORN and BP and Haliburton and the gangs and crooks and thieves and liars and cheaters. Throw the Republicans in prison along with the Democrats and then us Americans can rebuild the whole system from the ground up from the very start and start with brand new people and fresh faces to rebuild our republic. Just think, doing away with governments would save us millions of tax dollars and then governments cant bully us or push us around no more. I'm for no more governments at all. I'm a liberal and damn proud of it and we need someone that can be a real United States president that can be a commander in chief period. Thanks.
While we have a feeling this reader was writing under the influence he brings up some points worth discussing. First of all, notice almost everything he said is something "we" need to do. If he had replaced "let's" and "we" with "I will" and "I" he'd have been stating something worthwhile. Here's the thing... there is no "we" or "us", there is just "you" and "me". Dropping the collective words from your vocabulary can help clarify your thinking progress.
What he is stating is actually just another form of statism where we, the collective, need to throw people he deems bad in cages. Now, while he did an excellent job of fingering the true culprits for most of the problems in our world today it is still not morally correct to just go around and put people in cages. And, neither is it necessary. All that is necessary for all of the problems described above to go away is for you to ignore them. If enough people ignored Obama and the politicians and if enough people stopped paying the extortion they demand then they would fade off into the night. Obomber would have to go back to community organizing, whatever that is. And, companies like Haliburton would be bankrupt as the teet to which they suckle runs dry.
And if you live amongst people who believe in violence and theft (what the government does) then you have two choices. You can try to enlighten them... or you can leave. Or you can try to do both, as we have. The answer does not lie in prisons, new people in government or a new president. The answers lie in you looking in the mirror and making change in your own life.
A TALE OF AWAKENING
All of my life something has always felt "not quite right". People are always so eager to tell me what is best for me. Obey the law. Work hard. Pay your taxes. And i hate it, so I started searching around the web when i stumbled onto your site and it was like i took the red pill. The government is the machine that can never be controlled. It harvests our energy through taxes, and we are so eager to give that energy up aren't we! Now that I'm out of the matrix I can never go back, and I want to give out some red pills! Jeff, I don't know how much it means to you that you woke up a dumb redneck from Georgia, but you made a difference in my life. I have a group of five friends and their families who are with me, and we will see you soon in Acapulco! We plan to build a little compound down there and live as free as we can for as long as we can, and if that fails, we will keep searching.
Rock on Jeff, and keep ragin' against the machine.
James P., Georgia, USA
Thanks James! It actually does mean a lot. If it weren't for people like yourself we'd probably find something less hazardous to do than fight the statist-quo. And, if/when you do come down to Acapulco make sure to give us a call. Already many freedom-minded people have begun moving down here. Most have bought a place at AcaCondos (http://acacondos.com) or renting a suite in one of the condos (LTGPS)and it is becoming hard not to notice our ever growing group of liberty lovers as we often take over entire bars to ourselves now... including a meet-up we are doing tonight at Mangos. Send us an email at firstname.lastname@example.org if you'd like to come down and meet-up with fellow travellers.
COPS AND ROBBERS - IN CAHOOTS
IN RESPONSE TO: “Barbed Wire is Beautiful”
Interesting article. Still too many of the sheeple masses back up the police. I myself think of the police as a state sanctioned gang and for good reason.
Just a few days ago a video was released, of the final moments in the life of a guy I went to school with here in Vancouver, Canada. Paul Boyd was a brilliant animation artist. I used to see his drawings on the desk I shared although he was in a different grade. He had some mental issues, but nothing worth being murdered for. But the police gang killed him, shot six times ,and then the final killshot while he is crawling towards them unarmed. The video was shot by some tourist and, big surprise, does not at all relate to the perjurous testimony of at least seven of the cops standing around. According to their testimony, Paul was progressing towards the police, swinging a bicycle chain, in threatening manner. Here is the video http://youtu.be/207_FGF3wZk or this http://youtu.be/3UyB6D_vcnA What you do see, is a one cop reach down to the ground, take the "weapon"(bicycle chain) and throw it to the side. He is now completely disarmed, and crawling. Nothing threatening, and then the kill shot. All cops kept their jobs, no charges against them of course, after they investigated themselves. Oh, but you will be happy to know the cop that shot Paul got counselling, he needed his hand held, it was his first murder so he is not used to it yet. The single best thing ever to deal with the scumbags was miniaturized CCD cameras and Youtube.
You hear these cop apologists go back to their stadard nonsense: "If you feel that way about the police, then don't call them when you are in trouble." Well I would prefer not to call them, let alone pay them. I prefer taking matters into my own hands. They are not here for me, they are out for themselves. We of course have a nice system here for the cops. Thieves are protected by the police in a nice co-dependant relationship, much like the drugs business. You are not allowed to use firearms against a thief coming to rob you or your business. If you dare use a firearm, like a jewellery store owner did not too long ago, you are charged by the police. So now thieves know that business owners won't shoot them and they know the police will take way too long to get there to stop them. Nice situation. You are also not allowed to set booby traps for burglars, because you could hurt them. I got some equipment stolen from my garage and nothing was every found. If I had been able to do what I wanted to, I would have electrified parts of the entrance. If the burglar saw a nice blue corona 20,000 volt discharge come off the door knob, how many would really want to go through that door?
But, you can't even use barbed wire in Vancouver, it's against a bylaw! Here is a quote from the bylaw "barbed wire, razor wire and electrified fences are not permitted" They even decide what you can make your fence out of. Thank you big brother for guiding me in all my choices!
I know why there are so many thieves, they are usually victims of the drug war. Which is supported by the police. It provides 80% of thier business, and provides job security since prohibition is futile.
Be sure to avoid the gunfire while you are here in Vancouver. I will be going to the investment conference. We'll see how many people show up for your talk, seems to be growing every year. Maybe there is hope for the masses.
Thanks PD! I did survive my stay in Vancouver... although I have to say of all the places I've been on Earth, I've never seen as many shootings or gang fights as I have in Vancouver. It just became normal to run out of a bar with your hands over your head as bullets zinged past. You have it right... the cops and the gangs/criminals have a symbiotic relationship in Vancouver (and everywhere else) and they are happy to keep things the way they are. Even last year's massive riot has but all but been proven to have been started by the cops and then allowed to escalate before they finally moved in with tear gas and billy clubs to subdue the crowd. The reason? There is no better way to get more funding for a monopolistic police force than to fail. In the private marketplace when a person or a company fails at their job they get fired. In the topsy-turvy world of government when a person or department fails they get more money. And people wonder why things never get better.
That's all for this week! If you have any questions, comments or feedback on any of our rantings please direct them to TDV@dollarvigilante.com.