The Empire's Suez Crisis


Jul 16, 2018 - Illegal Immigration Replaced Slave Labor

In past blog posts, I explained how illegal immigration is a form of slave labor. It seems powerful people explained this to former President George W. Bush, but didn't tell him not to repeat it in public and that Americans no longer pick cotton by hand. As a result, Bush said this during a speech earlier this year:

“There are people willing to do jobs that Americans won’t do. Americans don’t want to pick cotton at 105 degrees, but there are people who want put food on their family’s tables and are willing to do that. We ought to say thank you and welcome them.”

Bush failed to note that millionaires pay only $10 an hour with no benefits for these tough jobs, yet most field workers are US citizens or green card holders. Illegals are hired to hold down wages and deter unions and strikes. If they would pay $20 an hour, plenty of Americans would show up to work. Most Americans don't know that millions of white Americans once picked cotton by hand, and picked more than Blacks or Mexicans.

Jul 15, 2018 - Real Organized Crime

Corporate television teaches us that organized crime are local rackets run by Italians. In reality, the world's most powerful people routinely colluded to profit from illegal activities. For example, in 1967 Israel invaded and occupied Syria's Golan Heights. Most of the native people fled or were expelled and Israelis moved in. In 1981, Israel officially annexed the Golan Heights over the objection of the UN and USA, and no nation recognizes this land grab.

For the past several years, lots of oil has been stolen by Genie Oil from under the Golan Heights with no compensation or royalties paid to Syria. And remember that Israel had plans to seize another 25 miles (40km) of southern Syria as a security zone until Russia thwarted that idea. (see my Jan. 29, 2018 blog post) Have a peek at who is paid to overcome political objections and keep this news out of the UN and our corporate media:

Strategic Advisory Board

The Strategic Advisory Board of Genie Oil and Gas advises management on strategic, financial, operational and public policy matters.

Michael Steinhardt (SAB Chairman)
Noted Wall Street investor and Principal Manager, Steinhardt Management LLC. Founder Steinhardt, Fine, Berkowitz & Co., and noted philanthropist.

Richard (Dick) Cheney
46th Vice President of the United States. Vice President Cheney also served as President and CEO of Halliburton Company and U.S. Secretary of Defense from 1989 to 1993.

Marry Landrieu
United States Senator from Louisiana from 1996 to 2014. Senator Landrieu served as chair of the Senate Committee on Energy and Natural Resources. In her capacity as chair, she sponsored and passed the U.S.-Israel Energy Cooperation Bill. The bill fosters partnerships focused on developing resources such as natural gas and alternative fuels, on the academic, business and governmental levels.

Rupert Murdoch
Founder and Executive Chairman of News Corporation, one of the world’s largest diversified media companies. News Corporation’s holdings include Fox Entertainment, Dow Jones and Company, the New York Post, HarperCollins and significant media assets on six continents.

Bill Richardson
Governor of New Mexico from 2003 to 2011. Mr. Richardson has served as U.S. Ambassador to the United Nations (1997-1998), Energy Secretary in the Clinton administration (1998-2001), Chairman of the 2004 Democratic National Convention, and as Chairman of the Democratic Governors Association.

Jacob Rothschild, OM, GBE
Chairman of the J. Rothschild group of companies and of RIT Capital Partners plc. Chairman of Five Arrows Limited. Lord Rothschild is a noted philanthropist and Chairman of the Rothschild Foundation.

Dr. Lawrence Summers
Charles W. Eliot University Professor and President Emeritus at Harvard University. Dr. Summers served as the 71st Secretary of the Treasury under President Clinton and as Director of the National Economic Council for President Obama.

R. James Woolsey
Director of Central Intelligence from 1993 to 1995 and as Under Secretary of the Navy from 1977 to 1979. Mr. Woolsey is co-founder of the United States Energy Security Council and is Chairman of the Foundation for Defense of Democracies.

Jul 9, 2018 - Please Don't Call an Ambulance!

As a follow up to previous blog posts about America's dysfunctional for-profit health care system, read: 

Badly Injured Woman Begs Passersby Not To Call An Ambulance, Due To Cost

Most ambulance rides in the USA are over $1000, some are twice that amount, and bills of over $8000 are not uncommon. At one time, some cities provided ambulance rides as a free public service, or hospitals provided them for free to boost business. I suspect more than 90% of Americans would agree that their state or federal government should limit ambulance bills to perhaps $500. If this makes companies unprofitable, the government would need a subsidy scheme. The biggest problem for ambulance companies are poor people without insurance, which is why they boost fees for paying customers. The government could pay their $500 if they submit a financial form claiming poverty.

Once the government must pay some of the cost, it will end waste, like when highly paid fire department paramedics show up at the scene to provide care, but don't transport to a hospital because an ambulance is called too. So the patient is double billed, which pleases the ambulance company and the paramedics who prefer to return to their fire station quickly to resume their movie. In many cases, people with minor problems in rural areas could be transported to a local urgent care facility, but are driven to a hospital ER over an hour away because of a wasteful policy that ambulances only transport to hospital ERs.

You don't get a bill when the fire department shows up for a fire, so why when they show up to save a life? In many cases, an ambulance is called because someone is mugged or hit by a car. Why should a victim get billed? In other cases, an ambulance is called for someone who has a minor injury or dizzy spell, but the ambulance employees insist that hospital care is required so they get paid for showing up. Governments can easily control the ambulance racket because they control 911 dispatches, so can negotiate prices and rules for ambulances they dispatch.

Jul 5, 2018 - Tyrant Assad?

Did you know the "evil" leader of Syria lived in London for several years where he studied to become an eye doctor? Did you know he speaks English? This information is allowed on American corporate media, nor on youtube. Thanks to the great Ron Unz, you can watch Syria's President Assad answer questions in English about the fighting in his nation and American politics.

Jul 4, 2018 - NBC Hires News Faker

In my last post, I mentioned the fake news that suddenly appeared to undermine President Trump's peace effort with North Korea. I now learn the sole source of this "news" is Ken Dilanian, the former national security reporter for the Los Angeles Times. He was fired for having a “collaborative relationship” with the CIA. Ken Dilanian was publicly fired from a major newspaper for inventing fake news in collaboration with the CIA, yet was hired by NBC News! Now NBC allows him to write national security articles citing unnamed intelligence sources! The worst part is that dozens of other corporate news organizations cite his NBC stories. If they insist on repeating fake news, they should print this disclaimer at the beginning of his articles:

Warning: This writer was fired by the Los Angeles Times for producing fake news in secret cooperation with the CIA.

Jul 2, 2018 - Peace Lover Trump?

It was nice to see Trump’s sudden return to sanity by holding talks with North Korea. I never understood why he accepted psychopaths like Bolton into his office. One could be cynical (or realistic) and realize that Zionists don’t give a damn about Korea, Iran is their target. Trump can secure peacenik creds and free up forces to focus on Iran. Others note that South Korea’s president walked crossed the DMZ to hug North Korea's leader, and probably told Trump that he can do this with or without him. The neocons realized they need to give peace a chance or get dropped from the game.

It’s a puzzle, but so far it's good news, especially since it showed that never-Trumpers prefer world war rather than congratulating Trump for peace. We didn’t give up anything. I’ve taken part in these war games. South Korean land and airspace is so crowded that war games there are unrealistic and stupid. Our military is better off practicing elsewhere. The Deep State is in shock and counterattacked. Trump's peace effort was widely denounced by their corporate media, and fake news has just appeared from "anonymous intelligence sources" that North Korea is suddenly increasing production of nuclear material. 

Hopefully, Trump will push ahead and learn that he can pull thousands of non-combat GIs out of South Korea to save a couple billion dollars a year and actually improve our combat readiness in Korea! Don't fall for lies that keeping troops in Korea saves the USA money because of contributions from South Korea. It costs a lot more money to maintain equipment and soldiers on the other side of the world, and to pay GIs thousands of dollars a month to live off base. South Korea does not pay any of these costs. Its contributions are paying land rent and base construction payments to South Koreans and bogus contributions like forgiving import fees, income taxes, and on-base sales taxes for American GIs. G2mil published these detailed proposals to cut military fat in Korea over the past few years:

Pull Aircraft and Airmen Out of Osan - now in a kill zone

Close Chinhae Tomorrow - it commands nothing

Cut Army Fat in Korea - 8th Army and Daegu 

Withdraw from DMZ Bases - as ordered

Jul 1, 2018 - Sell!

I once traded stocks. It was fun and I made some easy money, but the events of 2008 shook my faith in the system. It has become a casino run by computers, so great companies with solid profits can lose half their value in a few weeks. The collapse pattern starts when overhyped companies that never made a profit quickly lose value, as they should. As speculative investors see their balance sheet fall and need cash to meet margin calls, they sell their solid stocks to book profits so they don't have to sell and book losses from their speculative ones. Index funds are huge, so when investors sell shares all stocks get sold, even the healthy, profitable ones. Other funds and investors decide to reduce their holdings and begin to sell all stocks, and the downward momentum snowballs. 

Speculative stocks aren't just small corporations. For example, since it went public eight years ago, Tesla's share price has risen nearly 2000 percent and the company is still unprofitable! CEO Elon Musk said he expects Tesla to turn a profit in the third and fourth quarters of 2018. Tesla's stock market value is $56.7 billion, surpassing Ford's market value of $43.2 billion and General Motors' value of $55.5 billion. This is despite the fact that Ford and GM sell several times the number of cars Tesla does, and have consistently delivered profits over the last several quarters. This means that if Tesla helps crash the market, Ford and GMs stocks will fall too!

Most agree the current market is due a pullback. The S&P 500 value remains the same as the beginning of this year. This is the same pattern as 2008 and I've been looking for a sell signal, which should occur when bitcoin and it's related crypto scams unravel. These imaginary coins are quickly losing value and may soon become worthless, wiping out hundreds of billions of dollars in fantasy wealth. This is a sign of a pending downturn, and Tesla may report another unprofitable quarter in August. If I had stocks, I'd sell all and sit on cash the rest of this year.


                              Carlton Meyer

2018 Blog - first half

2017 Blog - Emperor of the Empire

2016 Blog - Defending the Empire

2015 Blog - Enemies of the Empire

2014 Blog - The Empire in Decline

2013 Blog - The Yellow Man's Burden

2012 Blog - The Empire in Turmoil

2011 Blog - The Empire Retreats

2010 Blog - The Empire Crumbles

2009 Blog - The Bankrupt Empire

2008 Blog - The End of the Empire

2000-2008 - Monthly Editorials