The Golden Truth: Must-Listen Interview On King World News With Matt Simmons

Saturday, July 17, 2010

Must-Listen Interview On King World News With Matt Simmons

Some key points:

- BP stock is worth zero

- the U.S. Govt should attach liens to all BP assets (this blog asserted that from the beginning)

- BP has lied about what's happening every step of the way from day 1 (remember when they said the spill was 1000 barrels per day?); "they conned everyone into believe that this was no big deal"

- Letting BP use the airwaves to promote and defend their company is like letting Iran be the Middle East peace spokesman

Here's the link: Worst Disaster Ever and Getting Worse - BP lying

Using the mainstream to look for the truth is like the drunk who looks for his lost wallet under the street light because that's where the light is shining...

6 comments:

Harvey GeeSaturday, 17 July, 2010
Not surprising to hear that, sheeple are already fooled into thinking the economy is recovering too...

Who really knows what's happening over there, videos could be faked for all we know.
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Ben_CarlosSunday, 18 July, 2010
Read the TJ NOAA report, the sampled ping results are quite clear. In early June a layer of crude had formed to the North and West of the well head. Similar data sets are occurring at the original site which was abandoned.

The Gulf of Mexico will die and many people along with it. The DWH is a complete and total disaster for many reasons.

I was surprised to discover how totally clueless many at the Oil Drum remain.

It is there in black and white from NOAA, they are completely freaked out and with good reason. The second largest fishery in the US is going to die.

With ocean temperatures well above normal, this hurricane season promises to deliver a toxic brew to the Gulf Coast. The Delta is one of the richest and most productive estuaries on our planet and will come under intense ecological stress.

I spent a week off the Florida Keys in the center of the Straights of Florida at the time NOAA was sampling the site. Surface temperatures were 3 to 5 degrees warmer than normal. The currents through the straights begin in the Gulf of Mexico.

Recent Satfotos show the surface toxins spreading to the Yucatan and beyond. It is difficult to imagine how it will not spread over the coming years and ring the eastern seaboard as well as arrive on UK shores within several years.
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AnonymousSunday, 18 July, 2010
"Letting BP use the airwaves to promote and defend their company is like letting Iran be the Middle East peace spokesman."

That's the stupidest comment I've ever heard.

When's the last time Iran has invaded a country?

Here's the real reason America is going after Iran:

Petro-dollars- Part 1
http://www.youtube.com/watch?v=ki2D8YVxrFE

Petro-dollars- Part 2
http://www.youtube.com/watch?v=v5yKxOBj2zk&feature=related
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AnonymousSunday, 18 July, 2010
What caused the other leak? How is it related to the BP fiasco?
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AnonymousSunday, 18 July, 2010
Sorry Aint Enough No More (bp oil spill song)

http://www.youtube.com/watch?v=ZCTn9tqU-mE&feature=player_embedded
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Dave in DenverSunday, 18 July, 2010
re: the secondary leak away from the wellhead:

http://www.businessinsider.com/oh-no-tests-confirm-oil-seep-distance-away-from-deepwater-wel-2010-7
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Why Gold?

Gold is the world's oldest currency. You exchange your fiat currency (dollars, euros, yen, yuan) into gold as an insurance policy against catastrophic Central Bank and Government policies which serve to destroy the value of fiat currencies and destroy democracy.

Gold can ONLY be considered an investment to the extent that it remains significantly and historically undervalued in relation to the fiat currencies against which its value is measured. Otherwise it remains the world's oldest currency and is completely free from the counterparty risk associated with currency by Government fiat (i.e. fiat currencies rely on a Government's "full faith and credit.")

Quote Of The Month Courtesy of "Jesse"

Unfortunately for Larry Summers, Ben Bernanke, and their friends at the BIS, they have not yet figured out how to print physical gold, silver, and other essential commodities, and the world is reaching the point where it might simply start ignoring the New York based markets with respect to essential commodities such as basic materials, oil, foodstuffs, and the like, as they become increasingly irrelevant, fraudulent, and Orwellian. And then where will the financial engineers be, except with no more excuses and no place to hide?

Here is the link to his entire commentary, well worth a read:

http://jessescrossroadscafe.blogspot.com/2010/07/gold-daily-chart-shock-and-awe-for.html

Great Quote From Jim Rogers On Govt CPI Reporting

JR: I mean, we have inflation now. If you go to the shop, whether it’s groceries, or education or insurance or health care, prices are going up for everything. The government lies about it in the US. Some countries lie, many countries don’t: Australia, China, India and Norway. Many countries don’t lie about it and acknowledge that we have inflation. Others lie about it, the UK and the US, but if you go shopping you know prices are up.

Q: Are you saying that the American Consumer Price Index (CPI) published by the US Bureau of Labor Statistics is a lie?

JR: In my opinion, yes, of course it is. Have you looked at it? They’ve changed their accounting several times in the past few decades. When housing was 20% to 25% of the CPI and housing was going up, they didn’t count it, saying rents weren’t going up, and then when home prices started going down, they counted it. It’s the same with many things. It’s staggering some of the tortuous reasoning that the BLS has used over the past 25 or 30 years. When the price of gasoline goes up, they say it’s not really going up because it’s better gasoline, better quality, therefore you’re getting more for your money. I mean, it’s endless, the stuff that they say and for some reason people sit there, although more and more people are catching on, and accept what the government says.

source: www.clusterstock.com

Quote of the Week

"The primary function of a Central Bank is to engage in the massive transfer of wealth from the middle class to the wealthy elite. The Federal Reserve was set up to do this with the blessing and support of Congress." - Dave in Denver

If you refuse to believe the above, please read "The Creature From Jekyll Island: A Second Look at the Federal Reserve" by G. Edward Griffin and then explain to me why the Senate voted down the Vitter Amendment and Congress refuses to pass a law requiring a full audit of the Fed, even though the Fed is using taxpayer-backed money to bailout Wall Street and Europe.