The oil industry is a powerhouse with control over land, resources, politics and more. In this episode of The Empire Files, Abby Martin uncovers big oil’s strong-arm reach–its growth, its crimes, its power and its impunity.
In this special New Year’s Eve episode of the Keiser Report, Max Keiser and Stacy Herbert talk to trends forecaster Gerald Celente of TrendsResearch.com about the upcoming trends for 2016. They recall that a few years ago, Celente forecasted on the Keiser Report that we would see currency war, trade war and hot war, and they ask whether or not this has come true in 2015. They discuss ‘bankism’, oil prices and US election insanity and what they hold for the future of the global economy.
DeSmogBlog’s Steve Horn says the pipeline company Enbridge is still planning a $5 billion terminal expansion. Note: After the publication of this story, the State Department announced it rejected Transcanada’s request to suspend it’s review of the Keystone XL pipeline.
Meet the new head of the United Nations panel on Human Rights: the Kingdom of Saudi Arabia. Abby Martin takes us inside the brutal reality of this police-state monarchy, and tells the untold people’s history of resistance to it. With a major, catastrophic war in Yemen and looming high-profile executions of activists, The Empire Files exposes true nature of the U.S.-Saudi love affair.
The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last weekend. Continue reading →
U.S. New Cold War policy has backfired – and created its worst nightmare
1. The world’s geopolitics, major trade patterns and military alliances have changed radically in the past month. Russia has re-oriented its gas and oil trade, and also its trade in military technology, away from Europe toward Eurasia. Continue reading →
The downing of Malaysian Airlines MH17 over eastern Ukraine with the loss of all 298 onboard comes amid mounting frustration between Washington and its European allies over the imposition of further trade sanctions on Russia.
Days before the doomed flight, American officials were quietly voicing their agitation at European leaders’ reluctance to apply sanctions that would hit Russia’s key economic sectors. Continue reading →
Professor Noam Chomsky Institute Professor & Professor of Linguistics (Emeritus), Massachusetts Institute of Technology addressed this question of global significance in a special Durham Castle Lecture on 22nd May.
Finance in today’s world has become war by non-military means. Its object is the same as that of military conquest: appropriation of land and basic infrastructure, and the rents that can be extracted as tribute. In today’s world this is taken mainly in the form of debt service and privatization. That is how neoliberalism works, subduing economies by indebting their governments and using unpayably high debts as a lever to pry away the public domain at distress prices. It is what today’s New Cold War is all about. Backed by the IMF and European Central Bank (ECB) as knee-breakers in what has become in effect a financial extension of NATO, the aim is for U.S. and allied investors to appropriate the plums that kleptocrats have taken from the public domain of Russia, Ukraine and other post-Soviet economies in these countries, as well as whatever assets remain. Continue reading →
Capitalism and its imperialist proclivity have been associated with the structural causes of conflict and war over recent centuries. But given today’s imperative realities of a globalized economy, capitalism – or at least large sections of it – cannot afford such a conflict or desire it. In this regard, we may be witnessing a seminal shift, whereby Washington’s threatened sanctions towards Russia, and the war that that entails, are seen as an untenable political agenda divorced from the all-important economic realm.
In pushing this agenda, Washington may be the one that finds itself isolated, not Moscow. Continue reading →
Ralph carves up Antonin Scalia and “Corporate Welfare King,” Rush Limbaugh, points out how Exxon actually made money on the Exxon/Valdez oil spill; and we discuss whether Germany actually won World War II, and the one position that Ralph took that he now regrets. Continue reading →