Sunday, September 29, 2019

Saudi Aramco IPO and the Drone Attack

The Houthis in Yemen have taken credit for the drone strikes against Saudi Arabia. Iran denies any involvement, but US and UK intelligence say the drones originated from Iran. If this is true these new drones were most likely this was made possible by the top secret stealth drone the Iranians captured from the CIA in December 2011 (and possibly the drone they just shot down this past June).



Saudi Aramco, one of the largest companies in the world and the main source of income for "the Kingdom", has not been daunted by these attacks, and the damage they caused. They were determined to go along with the IPO, hoping it would be the largest in history.

Just like all the state run industries in China, which boast improbably high success rates, most of Aramco's business was shrouded in secrecy for decades. With this recent IPO, however, the curtain has been pulled back and we've uncovered some very unsettling news. Saudi Arabia isn't floating on the ocean of oil that it once was, and that it lead the world to believe. Its oil production is only about 72% of what it had boasted, and most of that oil is diluted with the billions of gallons of seawater they are pumping into the ground to get the oil out. It appears that Saudi oil production peaked in 2008, and with the boom of oil production in the US, the Kingdom cannot pump enough oil to pull a profit, because it simply doesn't have enough.

Saudi Arabia is the biggest welfare state in the history of the world. Nearly all the population subsists off of welfare, subsidized by oil revenue. Saudi citizens bring in "guest workers" from poorer Islamic countries to live and work as slaves on their behalf so as not to soil their clean hands by doing labor of any kind. Fully one third of the population of the Kingdom are foreign nationals residing in country on multi-year work visas. They are not allowed to move about unsupervised by the family who brought them there, and are slaves in all but name. The Kingdom has been desperately trying to diversify its economy for years, seeing as how its vast reserves of oil were being depleted and the millions of uneducated living off welfare would overthrow the King and his tiny oligarchy should the gravy train stop providing for their every need and desire.



If the Houthis, or even Iran, launched an attack on the Saudi oil fields then the current low-level fighting in Yemen may escalate into a larger regional war. A larger regional war may lead to the closure of the Strait of Hormuz, through which a quarter of the world's oil flows. The global disruption will be terrible, but it won't be fatal for the United States, which, due to fracking, is a net exporter of fuel. The US does not need oil from the gulf states. And, for Saudi Arabia, that's a big problem since America is able to pump so much oil and gas that it is seriously undercutting the depleted oil sheikh's only source of income.

Regardless of who is responsible, the right thing to do would be to let the Saudis fight their own battles. Unfortunately, what is right is not always what is possible. The US may be caught in a bind because of what lies at the very foundation of the global economy. The US dollar is the world's reserve currency, and it is not based on gold or silver or the "full faith and credit" of the United States government, or even the total economic output of the millions of workers toiling away like myrmidons.

The US dollar, more accurately referred to as the Petrodollar, is based on a tacit agreement between the United States and Saudi Arabia that the United States would act as the private military of the Kingdom in exchange for the Kingdom throwing its weight around to influence every other sovereign entity on the planet to use the US Dollar as the world's reserve currency. When the agreement was made many decades ago the Saudi's controlled a third of the world's oil and had the leverage to influence the spending habits of the planet. Now that they have shrunk in relevance thanks to fuel reserves being exploited elsewhere, coupled with their own rapidly diminishing reserves, the Saudis may be contemplating the unthinkable to keep from facing economic collapse and revolution.

The real perpetrators of the attack may not be the Houthis, or the Iranians. The Saudis may have blown up their own oil fields to create an artificial oil shortage to make pumping the black gold profitable again, increasing the price of their IPO. More deviously, the false flag attack may have been conducted to trap the US into a war with Iran to eliminate the Kingdom's main enemy once and for all. Such a war would seriously weaken the United States, including the resources needed for the US to extract and sell its own oil should the economy collapse following the inevitable larger war with Russia that will ensue. This will once again inure the US to dependence on Saudi oil, further strengthening the regime's grip on power. The Saudis may be attempting to damage their major rivals in terms of oil and natural gas production - namely the United States, Russia, and Iran - by dragging them into an unwinnable war so as to stave off the inevitable collapse of their own regime.

The United States may be trapped in a no-win situation that will lead to economic ruin. Either the US abandons the Saudis to fight their own war, which will lead to the abandonment of the Petrodollar as the world's reserve currency and the start of a new depression in the US, or the US gets dragged into war to protect the Petrodollar that will lead to, at the very least, exploding debt and the start of a new depression. There may be no way out of the impending crisis that may have been started by the Saudis' bottomless greed.

But would the Saudis really do such a thing?

Wednesday, September 25, 2019

Peak Trump Derangement Syndrome

Nan-Nan Pelosi, whose face has been frozen in time from too much Botox, finally said "Fuck it! We'll do it live!" It doesn't matter that Trump hasn't done anything illegal, unlike Joe Biden's son Hunter Biden who may have funneled $1.8 billion to a Ukrainian oligarch, Trump's intention was to create a "Quid pro quo" with the Ukrainian dictator to steal the 2020 election, or something.

Pelosi, who admitted to not reading the transcript of the conversation between Trump and the Ukrainian dictator, said that it doesn't matter if what Trump did was not illegal, his intention was illegal, or something, so he should be impeached anyway. Here's the gist of it:

Trump is supposed to be in lesbians with Putin, and colluded with Putin to steal the 2016 election from Hitlery Roddamn Clinton. At the same time Trump is now supposed to be in lesbians with the Ukrainian dictator, who is Putin's enemy, and colluded with this other guy to investigate the illegal dealings of a Ukrainian oligarch who was working with Joe Biden's son in 2014, years before Biden ran for president, presciently aware that Biden would run and so Trump had to stab his lover Putin in the back, or something, and side with the Ukrainian dictator, years in advance, to make sure Biden lost the 2020 election even though Biden, at the time, said he was not going to run for president. Because Trump is orange, he has small hands, a mushroom-shaped cock, and very profuse yeti pubes, or something.

Democrats actually believe this.

None of this hurts Trump. At all. In fact, several Democrats, including presidential candidate Tulsi Gabbard, have come out and said that this impeachment shitshow is a partisan waste of time that hurts America and reflects badly on the Democratic Party.

Presidential Candidate Tulsi Gabbard

New Jersey Rep. Jeff Van Drew

Furthermore, this hurts Joe Biden. He's already suffering due to his deteriorating mental health, rambling on and on about his encounter with Corn Pop and Tony the Tiger and the times they fought over who gets to keep the Lucky Charms, and the time his eye started bleeding for no reason. It's Hillary collapsing on 9/11 all over again. She collapsed on the sidewalk and was tossed into the van like a sack of potatoes and all anyone saw was the shoe on the road. Everyone knew she was not in good health. Joe Biden is half a decade older. He is clearly not in good health, he can't remember significant events that he participated in, and doesn't even know what year it is. Trump's no Mr. Universe, scarfing down McDonald's like there's no tomorrow, but Biden is clearly dying. There is no cure for neurodegenerative disease, and the rate of deterioration only increases with time.

There's the discrete possibility that the Democrats know this and pushed forward with impeachment to allow Biden to exit the stage as news of his and his son's corruption rises to the surface. They will let Biden retire and coronate Elizabeth Warren, who is 99.98% white, by the way.


This is the last desperate stunt of a party that has fundamentally failed.

At this rate the Dems will become the new Whig party in 2020 when Trump is re-elected. They will fragment into the 70-something neo-lib warmonger business dems like Biden, and the 30-something extreme far left communists like the Gang of Four. All the former union dems, the working class, will be vacuumed up by Trump. Trump will flip several states that were thought to be deep blue.

Tuesday, September 24, 2019

Polar Bears are Thriving

When Al Gore was born, there were 7,000 polar bears in the wild. Today, after severe climate change, only 30,000 remain. The increasing polar bear populations confirm global warming.

Monday, September 23, 2019

US Launches Full Sanctions on Iran

John Bolton's moustache and John McCain in Hell are having orgasms over the idea of starting a war between Iran and Saudi Arabia with the hopes of dragging the US into the fray so young, working class Americans can die unnecessarily in another pointless foreign war.



Right now Trump has said he does not want to go to war with Iran, and with good reason. After two decades of fighting the US military is depleted. Trillions of dollars and thousands of lives have been spent on nation building or winning hearts and minds for nothing. Yes, Trump has diverted a lot of money to rebuild the military, but there's just no way a war with Iran could possibly end well.

Any attack on Iran will escalate to a larger regional war, disrupting the world oil trade and lead to a recession, maybe even a depression, which will kill any hope Trump has of re-election. Even a small-scale war will inevitably lead to the US becoming entangled in another counter-insurgency lasting decades. On top of that, Iran is friends with Russia and China. The possibility of a war with Iran turning into a Third World War is very high. Needless to say, any war with Russia or China would involve nuclear weapons, resulting in hundreds of millions of deaths.

There is no good outcome for war with Iran.

So far all of Trump's military actions have been posturing. He's bombed abandoned airstrips in Syria, and launched cruise missiles to the middle of nowhere to placate the chickenhawks in Washington all the while trying, desperately I think, to keep the US out of another pointless foreign war. Any sane individual can only pray that he takes no further actions against Iran beyond the sanctions.

See the full press conference from President Donald Trump below.



Coming soon: Who really is responsible for the Saudi oil attack, and why does it matter?

Glenn Beck Back Again

Never-Trumper Glennard Beck has wiped the Cheeto dust off his face and has returned to his senses.

Glenn Beck has always supported his magic underwear cult, and anyone who dares to run against his fellow travelers he despises. Beck spent years mocking Trump, and cozied up to extreme far leftist communists on TV to try to save his sinking ship of a media empire.

Remember, Beck started out as a leftist and moved to the right (or "libertarian" as he called himself for a time) when he saw it was profitable. He moved from HLN (a CNN sister channel) to Fox, started talking about blond haired, blue eyed Egyptians visiting America 9,000 years ago with the reincarnation of Jesus Christ, and his show started losing advertisers. Beck may or may not have been fired from Fox, started The Blaze, and lost a tremendous amount of money trying to compete against the big boys. Beck said in the 2016 election that Donald Trump was Hitler, and he went on a whirlwind tour to try to gain support by kissing the asses of a bunch of dyed in the wool communist "entertainers". That didn't work and Beck lost even more money.



Now Beck says he's had a change of heart when Trump accomplished what he promised to accomplish in his 2016 campaign. In being the first president to keep his promises (mostly on moving the US embassy in Israel), Beck now supports Trump again.

Hear it for yourself straight from the horse's ass, or mouth, whichever.

Monday, September 2, 2019

China's No-Win Situation

China has entered into a no-win situation. If they give in to the Hongkongers' demands the Communist Party will look weak. The shame will weaken their regime and may lead to a cascading failure in the provinces, in Tibet and in Xinjiang where millions of Uyghurs are already being held in concentration camps to keep the province from erupting into violence and breaking away. On the other hand, if they send in the army and crush the protestors like they did at Tienanmen Square in 1989, this will severely damage the image of the Communist Party on the world stage and may lead to economic warfare that would cripple China's economy and cause the country to fragment. China has no good options.

And they have to act fast. The Chinese population is aging, and the youth are becoming fat and lazy, unfit for military service. China must strike fast, to conquer the South China Sea, and to invade Hong Kong and Taiwan while they still have an army left that can win these wars. In 50 years America will still have the same percentage of young people to old people, but in China there will only be one young person for every three or four old people, a situation that is unsustainable. The Communist Party needs to act now, while it still has the ability, before its population grows too old and its chance to become a super power evaporates.

This same thing happened in the 80s in Europe. One by one communist nations broke out into violence and the people overthrew their shackles. The Soviet Union, crippled by severe oil crisis and a bloody war in Afghanistan, didn't have the money or the will to stop them from breaking away. The Warsaw Pact evaporated, and then the individual republics within the Soviet Union itself declared independence, and the world's second super power disintegrated.

The CPC's grip on China is stronger than the Soviet Union, and since 1972 it has had the tacit approval of the US government. This position was strengthened in 2000 when Bill Clinton allowed China to join the World Trade Organization. The new President Donald Trump is the first leader since Kennedy who has had the balls to stand up to communism, and has taken the fight to the CPC with tariffs that have caused China to devalue its currency. The CPC's grip on power is secure for now, but with its rapidly aging population and the growth of other Asian nations like India taking a bite out of the cheap labor market, there is a very good chance that China will collapse within the next 50 years. An invasion of Hong Kong would only hasten that collapse.



Sunday, September 1, 2019

The Hong Kong Revolution

Make no mistake, this is war. China has unleashed its own "Intolerable Acts", and if it follows up with a massacre like in Tienanmen it will be the revolutionaries of Hong Kong looking to America for aid in gaining their freedom just as America had turned to France in 1778. The United States will not need to fire a shot to liberate Hong Kong, just force US businesses to cease doing business with China. This will lead to recession in the US, but it will be a recession from which we can emerge. In China, however, this audacious act will collapse the economy and lead to the downfall of the CPC.