The proposition that the Dudus flare up in Tivoli Gardens is a result of Babylon trying to manipulate a situation where they can steal all of Jamaica’s unannounced oil reserves touched a nerve, and the article that discussed such a possibility ‘Dudus: It’s Not About Cocaine, It’s About Oil’ went viral.
The reality of the oil situation in the Caribbean is probably much worse than originally considered. If you have paranoid eyes, it appears as though the International Monetary Fund re-invented itself in 2008 to specifically target ownership and control of all of the oil under the Gulf of Mexico, not just Jamaica, and that they have been actively working towards that goal ever since. This is not just American pirates stealing from Jamaica again, this is the G20 putting together an entirely new structure designed to steal all of the oil in what might be the largest deposit ever discovered, under some of the poorest countries on the planet.
There is enough information available to consider the idea that the oil reserves discovered 35,000 feet down in the Gulf of Mexico are enormous, and it appears as though the developed world has known about them for some time. Pretty much every country with land bordering the Gulf has received an IMF loan in the past year, from a new $1 trillion program designed to target underdeveloped economies, put together under ‘emergency conditions’ during the G20 Summit in London, England in April, 2009.
This was after the IMF had slowed down and spent a year re-inventing itself in an attempt to become more relevant. They hadn’t been very active in the Caribbean since 1995 when almost every country refused to have anything to do with them. The new loan program was their coming out party really, and despite having the entire world on the brink of bankruptcy in the middle of the International Financial Meltdown, the top 20 economies on the planet found an extra trillion for the poor guys.
The trick with this new program is that the loans are issued as public bonds, and then they are sold in the market. Investors are offered different rates of interest, depending on the country involved, which is a fancy way of bringing IMF funding into the world’s money markets. Now the recipient country will have the added pressure of the entire international community as the financial markets integrate into a Global Economy, and any defaults will ripple through the profits.
Which means anybody who can’t keep up with the payments will be open to some severe outside interference in their economies. Things like the price of electricity will be doubled in an effort to squeeze a monthly cash flow that can cover the amount, or a Value Added Tax will suddenly appear on everything, more instant cash flow. All of this money comes out of the pockets of the people, and leaves the recipient country in the form of payments to the IMF.
When these early measures can’t keep up, the next level involves the selling off of natural resources and utility companies to private corporations. The recipient country has no choice. This is all intertwined with U.N. treaties, Free Trade Agreements between countries, between trading blocks, banking regulations, investment agreements, all kinds of different parts of the engine are involved. The IMF has the authority to impose new rules for outside investing in a country, opening the door to changing any local laws about protecting natural resources, and then they bring in the bidders. The billions that are paid for say Argentina’s oil rights by BP are less than what they are worth, and all of that money goes to the IMF or World Bank to pay the debt, and if they then happen to discover 500 billion barrels of oil off of the coast of the Falkland Islands, well …it’s theirs.
It’s ugly, and effective, and they’ve worked like this since day one. There are detractors to both institutions, Hugo Chavez in Venezuela calls them ‘tools of the empire’, as does Fidel in Cuba, but they are the only game in town for poor countries …and they know it.
Which leads a curious mind to the idea that if the countries in the G20, who comprise the IMF Executive Council, knew about the size of the oil discovery beneath the Gulf of Mexico before they put together the $1 trillion fund aimed specifically at poor economies, knowing that those countries were all on the brink of bankruptcy and had no way to pay for the seismic testing and infrastructure development, could they have come up the idea of making a fund available specifically to manipulate the countries that will have a claim on those reserves? In short, is this new beefed up IMF built specifically to manipulate control of this now accessible oil?
The timing is the first clue. In October, 2008, Cuba announced to the world that it had new seismic data which doubled the size of their oil reserves to 20 billion barrels, about 12th largest for countries. Shortly after that, Venezuela announced that their reserves were triple what they thought.
By April, 2009, just 5 months later, the IMF has this new program fully funded and ready to go, announced at the G20 Summit Meeting by Gordon Brown in London. There isn’t one Caribbean island in the G20 membership, it’s made up of 20 economies, 19 countries and the EU, who are represented by their Finance Ministers and Central Bank Governors. Those who participate agree to provide funding equal to a percentage of their GDP, and the amount of votes they control on the Executive Committee are in proportion to the amount of the budget that they provide. The United States is by far the largest, giving 17% of the money, and controlling 17% of the votes.
The next largest is England, 6%, then Germany at 5%.
South Africa is the only African country, with the U.S., Canada and Mexico representing North America, Argentina and Brazil from South America, China, Japan, and South Korea from the Far East, India, Indonesia, Australia and Saudi Arabia, including France, Germany, Italy, Russia, Turkey and the United Kingdom separately, as well as the EU collectively. Everybody is big.
According to IMF literature, ‘There is no formal criteria for G20 membership and the composition of the group has remained unchanged since it was established." When a country’s GDP is measured at purchasing power parity rates, all 19 in the IMF are among the top 24.
The IMF is not really entitled to make decisions for the whole world because its member states are selected arbitrarily. There is no Charter and debates are not public. It is an undemocratic institution, really just a private club made up of a group of 20 economies that control 85% of global gross national product, 80% of world trade, and two thirds of the world’s population, including the United States, Japan, Russia, China and the entire European Union.
On March 28, 2008, the IMF’s Executive Board ended a period of extensive discussion and negotiation over a major package of reforms to enhance the institution’s governance that would shift quota and voting shares from advanced to emerging markets and developing countries. For almost a year they had planned for a re-invention of themselves, deciding to target poor countries as a matter of new policy.
On April 2, 2009, they have a $1.1 trillion fund ready to go, targeting the Caribbean countries by definition, just five months after Cuba tells the world there’s a lot of oil deep under the Gulf of Mexico. At the 2009 G20 Summit in London, the leaders pledged to increase the IMF’s supplemental cash 10 times to $500 billion and to allocate to the member countries another $250 billion via 'Special Drawing Rights'. Suddenly the developed economies of the world have a conscience, which is motivating them to increase available funding to poor countries TEN FOLD and then FIVE FOLD more, in the middle of the meltdown when there is no money to be had?
Part of the re-invention was announced on Sept. 25, 2009, that the G20 would replace the G8 as the main economic council of wealthy nations, expanding the membership by 150%.
That’s a lot of change. An increase in the Executive membership from 8 economies to 20 economies, (150 %) and then an increase in funding by a factor of 10 (1,000 %) with another chunk half the size again, called ‘Special Drawing Rights’(combined a 1,500 % pop) - in the middle of the largest international financial meltdown in history. It looks like they were preparing for something that they needed to be ready for. Something big. The new IMF came out buff, with a very strange vibration that makes one ask, once again, ‘Why now?’
If you’re somewhat suspicious, it almost looks as though the IMF took time off to remake itself as the perfect vehicle to facilitate the takeover of the economies of the Caribbean, knowing for the past couple of years that one of the largest oil reserves on the planet was just out of reach and understanding that the political situation between the Muslims of the Middle East and the Powers of the West was going to disintegrate into war. From a certain point of view, the IMF decided to re-invent itself as Babylon.
They got in shape, a nice haircut, a new wardrobe, more than doubled their membership and were suddenly transformed from suit and tie bankers to humans who really wanted to help the poor economies of the world …and then hit the ground running with $1 trillion, just in time to help those poor economies in the Caribbean get at their new found oil.
Jamaica got $1.2 billion of it in February, 2010.
Dominica, St. Kitts, St. Lucia, St. Vincent and the Grenadines, have already begun to use the IMF’s Rapid Response Facility or the Exogenous Shocks Facility. Grenada, Antigua, Barbuda too. Others in the mix will include Costa Rica, Panama, Guatemala, Belize, Honduras, Haiti, Dominican Republic, Surinam and Guyana. Gulf Coast kind of places.
The new, buff IMF seems to have landed in the perfect spot, at the perfect time, with the perfect bag of toys …more than enough to go around. That’s a curious thing. Like they knew ahead of time, or else are the luckiest international financial institution in history, just having happened to go through a massive re-structuring which suddenly positions them perfectly to control the development of the largest oil reserves in history.
Luck? Good management? Psychic powers? Conspiracy? Every country in the G20 has an economy which gives their people a standard of living ranked in the top 24 in the world. There are 196 countries out there. The G20 are around 1/10th combined, but control 80% of all trade, have 85% of all the GDP and 67% of all the people. Without oil, they are the ones that will descend into chaos first. Guaranteeing themselves huge supplies would certainly be in their own interests, regardless of how much the recipient country needed the emergency loans.
And America's men who sit at the IMF table? Governor Timothy Geithner, currently U.S. Secretary of the Treasury, previously the President of the Federal Reserve Bank, with Alternate Governor Ben Bernanke, the current Chairman of the U.S. Federal Reserve and oddly, Time Magazine's 2009 'Person of the Year', the same guys who brought us the criminal lords 'Goldman Sachs and their Money Posse'. As unbelievable as it may seem, the same people who engineered the shady financial products that bankrupted the international markets are also the architects of the new IMF, and this incredibly generous $1 trillion fund.
In January, 2010, the Bank of England Governor, Mervyn King, called for a merger between the IMF and the G20, ‘a radical proposal to overhaul management of the international economy’, an emergency his American G20 teammates manufactured.
‘Unless politicians can act to create an international body with the authority to reform the monetary system, the world would be consigned to another crisis in a matter of years.’
He would know. He’s been a member of the Group of 30 since 1991, an international body based in Washington, D.C., of leading financiers and academics which analyzes ‘consequences of decisions made in the public and private sectors’. It’s a Rockefeller Foundation Initiative, and the current chairman is Paul Volker, who was the Chairman of the U.S. Federal Reserve under Carter and Reagan, and has been the Chairman of the Economic Recovery Advisory Board to President Obama since February, 2009, about the same time the IMF finished putting together the $1 trillion dollar bailout fund.
The new key focus would be on the economic imbalances that were causing the crisis to unfold. ‘Poor economies’ needed help. Impossible to argue with.
"The legitimacy and leadership of the G20 would be enhanced if it were seen as representing views of other countries too. That could be achieved if the G20 were to metamorphose into a Governing Council for the IMF, and at the same time acquire a procedure for voting on decisions.’ Their vision is …global, and they are filling their literature with words like ‘legitimacy’ and ‘leadership’.
This time apparently through the consensus of the one tenth of the countries in the world who have pretty much most of everything already. The scary part was tacked onto the end; ‘…and at the same time acquire a procedure for voting on decisions’. Method. Process. Legitimacy. Consensus.
All very enforceable.
Hundreds of billions of dollars are suddenly made available to bankrupt economies that are designed to fail, just as some of the largest oil reserves on earth are made accessible underneath some of the poorest countries, from a group of 20 economies who control 85% of all the production, and 80% of all the trade, acting through the brand new, re-invented IMF, which just happened to beef up its numbers on a steroid type exponential in perfect timing to meet this brand new opportunity to dominate the planet.
Potentially the scenario can play out something like this. With a massive amount of oil available close to home on an angry planet, there will be no need to deal with outrageous demands from the Arab countries in the Middle East. In fact, with that much oil available to the markets, it would be easy to flood the world with cheap oil, driving the price down to $30 a barrel and bankrupting the Muslims. A practice run was successful enough last year to stop all of the construction in Dubai and make all of the Arab countries sit quietly while Israel pounded on Gaza for a few weeks. A complete change in the geopolitical structure is in the works.
Building up a military presence will be essential to protect it, and keeping the local economies dirt poor will make them easier to control. The oil ploy at work here will bring U.S. military bases to the Caribbean, and turn the entire island of Jamaica into a Garrison. A lot like Dudus.
Missed in all of this on April 27, 2010 was the deportation of Panamanian General Manuel Noriega from the U.S. to France, after 20 years in American prisons. They didn’t release him and send him back to Panama, instead they trotted him out in front of the world to send him to France to face more charges, and another 20 years.
Interesting timing. Almost like somebody was making a point? See what happens to leaders who get themselves involved in things and then don’t listen. It was all over CNN, BBC, MSNBC, Fox News. Everybody saw it, including Jamaica.
The General is in France to face charges that he laundered drug money. U.S. Secretary of State Hillary Clinton signed the extradition warrant after he spent 2 decades in U.S. jails. For the past 2 years Noriega and his lawyers have been arguing that this violates the rules of the Geneva Convention. U.S. Federal Courts ruled against him, and the U.S. Supreme Court rejected hearing the case in January, 2010. So the rules are pretty clear on this one – American law says they can do whatever they want to drug guys. Screw the Geneva Convention.
Now the intimidation factor of thousands of hours of satellite video and audio which document an ‘ongoing criminal conspiracy’ in the same league as Noriega …is priceless. Maybe certain people decided to give up the fight once they saw the old Panamanian General shuffle out of 20 years in one prison, on his way to 20 more in another. Maybe the timing is important. Hillary signed that warrant on April 27th. She didn't have to. They could have done this whenever they wanted. Just like blazin' up Tivoli Gardens.
The Squeeze is on, and America appears to be playing dirty. They refuse to appoint a new ambassador to Jamaica, they won’t issue new visas to Jamaicans. And in March an IMF mission was on the ground gathering ‘quantitative performance data’ to determine if Jamaica ‘passed the test’, so another $100 million US could be released to them via ‘Special Drawing Rights’.
On Wednesday, May 19th, the mission announced that the island had passed the 'First Test', but would need to do better on the next one. Which doesn't mean that they've got the money. The Executive Board of the IMF will meet before the end of June to actually vote on releasing the funds.
On Monday, May 24, the invasion of Tivoli Gardens began. That's 100 million reasons to follow instructions.
"Jamaica's delay in processing the U.S. extradition request for a major suspected drug and firearms trafficker with reported ties to the ruling party highlights the potential depth of corruption in the government", said a U.S. State Department counter narcotic report released in March, 2010. Hard words, and before the end of April the face of General Noriega is dragged out to remind somebody about what they can mean.
Now the Prime Minister is being forced to hunt down his top Street General, the guy who controlled the voters on election day well enough to help the JLP win for the first time in nearly two decades. This is like asking Dirty Harry to hand over his .45 and trust that you won't shoot him once he's disarmed.
You have to remember that the oil business is the most filthy, corrupted, dishonest and dangerous industry on the planet. Whoever controls the oil, controls the quality of life for everybody. The horrors the world has been witnessing in the Sudan for the past ten years are all about oil, and their most effective solution is to simply machine gun whole villages. Kill the Africans to drive them south, so the Arab tribes can confiscate the land and drill the oil.
Millions of humans have died because somebody wanted the oil. Read up on Shell in the rainforests of Ecuador and Peru, and Nigeria. It’s always a military campaign at some point. They pay off the politicians, and when the local tribes rise up, they hit them with a fully loaded, modern army that shoots to kill. It’s an old trick. Remember King Leopold in the Congo when the Belgians were after rubber, and that was around 1900. Maybe 20 million Africans were slaughtered.
Check the history of the United Fruit Company sometime, now Chiquita bananas. They’ve been caught hiring assassins to get rid of labor leaders, instigating violence to create wars and replacing entire governments all through Central America and the Caribbean for around six decades now.
Wars have been fought for far less oil than what’s at stake here.
Europe and America are going broke. Babylon’s practice of ‘living on tomorrow’ has pumped up debt to the point that entire countries are falling down. Greece, Portugal, Spain, Ireland, to name only a few. Their International Financial System is on its knees coughing up blood, now having to face a situation that they have tried to avoid. Since it is all based on oil, and the whole world is beginning to realize that there are incredible amounts still untapped, that big Babylonian Wall could easily crumble.
Prices are kept artificially high because the countries that produce oil have agreed with each other to limit the rate at which they extract it. We are being told that the world has hit ‘Peak Oil’, that we’ve gone past the best of times, and that moving forward we are going to have to deal with dwindling supplies …and soaring prices, when in fact, there is so much out there that we’re going to run out of oxygen before we run out of oil.
Which of course translates as ‘how much are we paying?’ The daily tab in Jamaica is around $7 million US, close to $2.5 billion a year. That’s $500 million more than the $2 billion earned by the entire tourism industry in 2009. Oil keeps the poor countries poor, and the rich countries rich.
Is the International Financial System in jeopardy because it hung its success on oil being a limited resource, only to find that the largest deposits on the planet have barely been scratched?
And is this new, ‘poor economy’ friendly IMF pushing to grab it all up before Babylon comes falling down?
Could that be the chessboard on which Tivoli Gardens is only a single move?
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The day i read this whole story is the day the bahamas gets a tsunami and DOESN'T sink...NEVER lmaoooo
ReplyDeleteI stopped at the 4th paragraph...it's too long