Benjamin Fulford - U.S. raise food and oil prices because Asian Countries stop buying bonds


4 May

• Benjamin Fulford: epilogue to our recent interview

We asked Benjamin Fulford for a status report on the current state of affairs regarding whether there had been any change as a direct result of the public stand he took speaking out on behalf of the Asian Secret Society about the world situation. In answer, he wrote the following in an email dated today:

For the reaction, you will notice that Asian countries have stopped buying US government bonds. The US secret government has retaliated by artificially raising food and oil prices.

We are in the middle of World War 3. The US and Israel have been taken over by Nazis and the rest of the world is trying to take them down.

The reason the society has not started assassinations yet is that the Nazis in the Bush/Clinton administration want any excuse to start all out world war. However, if starvation begins in earnest, there will be assassinations.

Benjamin Fulford

In case anyone is unfamiliar with the project camelot group, they are basically the opposite of the illuminati, NWO, shadow government, whatever you want to call them. Watch the interview or read the transcript, which he calls the 'Ultimatum', and see for yourself if he's full of it.

part 1 - http://video.google.com/videoplay?docid=-7802788663048261963
part 2 - http://video.google.com/videoplay?docid=7626221972143260879
part 3 - http://video.google.com/videoplay?docid=-7052319389764325569

transcript1 - http://projectcamelot.org/benjamin_fulford...anscript_1.html
transcript2 - http://projectcamelot.org/benjamin_fulford...anscript_2.html
transcript3 - http://projectcamelot.org/benjamin_fulford...anscript_3.html

Part 3 is where the actual 'Ultimatum' is given to the so-called new world order.

Heres the link to the main page of project camelot.

http://projectcamelot.org/index.html

You've never taken an economics course, have you?

There is no monopoly on either food or oil production. It's all supply and demand, and market forces. And when the price of oil rises due to market forces, the price of everything dependant on it for production and distribution will go up.

For some reason, in the midst of record gas prices here in the US, those with the power to allow exploitation our large domestic reserves are deafeningly silent. They keep blaming the oil companies, while strangling their ability to create (drill for) more supply to meet the undiminished demand.

If our government is so bent on sticking it to the oil companies, why not just nationalize them...the ultimate 100% federal tax!

The new oligopoly is made up of multinational corporations that have chosen specific product or service categories to dominate. In each category, over time, only two to four major players prosper. Starting a new company in that market segment is difficult, and the few that do succeed are often gobbled up or run out of business by the oligopolies.
source

I highlighted the most absurd aspects of this guys remarks. The US secret gov't controls world food prices. The nation of Israel has been taken over by Nazis. Starvation somehow equals assassinations.

I sure hope this Fulford guy doesn't work for a University or in some other teaching capacity.

I think they want to blame governments because they feel they can get control of them while they feel helpless and ignorant when it comes to international cartels.

I think that global economics is whole lot more complicated than simple supply and demand. What exactly are 'market forces'? The people who risk capital in order to realize a profit, right? So those people, with their own or most likely other people's money, would have a vested interest in maximizing profits. Supply and demand seems to be artificially manipulated nowadays.

I really think that the predominant 'market forces' would have to be the Federal Reserve. They are probably the most influential financial entity out there. They are privately owned and have the power to manipulate the market. If other countries decide to quit buying bonds from the Fed, wouldn't it make sense that they have to make the money up somewhere else along the way?


Perhaps 60% Of Today's
Oil Price Is Pure Speculation
By F. William Engdahl
5-3-8
The price of crude oil today is not made according to any traditional relation of supply to demand. It's controlled by an elaborate financial market system as well as by the four major Anglo-American oil companies. As much as 60% of today's crude oil price is pure speculation driven by large trader banks and hedge funds. It has nothing to do with the convenient myths of Peak Oil. It has to do with control of oil and its price. How?

That is a long article so I just copied the first paragraph. Here's the rest-http://www.rense.com/general81/pure.htm

Get ready for the second horseman of the apocalypse!!!

The First Horseman being War, riding all over the middle east, Afghanistan, Iraq, Iran is next, after that it will be all out war with Islam.
The Second Horseman being Famine, we will be seeing outrageous food prices as america falls into depression and mass drought and starvation become out of control.
The Third Horseman is Pestilence, the immune systems of the masses unable to cope with complete malnutrition and all kinds of plague will occur.
Then shortly after 2012 we will see the passing of the Forth Horseman, Death.

EDIT: Someone should... stop them.

That about says it all, Mr. B!
The mechanics of food prices in this country now, and gas prices are all tied to Economics 101...it's not difficult, and involves no obscure forces.


I should add this:

The current price of crude, certainly affected by demand (China's burgeoning economy places them in a major position to bargain for oil...thus, more demand...higher prices), is related to what we see in America as we are seeing food prices escalate as well.


This has to do with the increasing transportation costs, certainly, and it effects many other things as well (check the price of plastics, which use petroleum in their manufacture and you'll easily see the connection). However...




This is the kicker as far as food prices are concerned.

If you know how much of our food is made from corn, or corn products, ...or is corn, and you realize that due to nonsensical adherence to environmentalist nuttyness, we're now using corn in mass quantities to make ethanol, an inefficient fuel, to add to our gasoline to stem the demand for petroleum...you'll clearly see why the price of food is increasing.

This is not rocket science; it's a damned stupid shame.





Sure! Why not!

God...what morons.


Obama wants a windfall profits tax on the "evil" oil comnpanies. He's so naive that he doesn't realize that oil companies PAY NO TAXES, and that any tax on their massive profits (averaging about 8 cents per gallon....in relation to the approximately 50-60 cents per gallon that state, local, and Federal governments make off a gallon of gas...for doing NOTHING), is going to be paid by YOU AND I...the consumer!

Let Obama get into office and watch the price of gasoline skyrocket...and of course we'll still be using ethanol, and food, and the price of any good shipped to market will continue to rise and we'll see inflation rise to Carter era levels, and beyond!

There's a simple, logical solution:


We cease taxing gasoline, and allowing the public to pay governments 6 to 8 times what the oil companies make. We drill for our own oil, and build the refineries we need to meet the demand (something that hasn't been done in this country since before Carter's administration...due to cowtowing to environmentalist nut groups), and we see the economy flourish, and oil company profits rise, as well as hundreds of thousands of American jobs created.

This means, economic growth, energy independence, reduction in prices across the board, and investment by the only people who are actually capable of such things--the oil companies, who employ talented engineers and scientists--in alternative energy sources for our future!

Why this simple and reasonable idea is not understood by some is utterly beyond me.


There is one solution to the problems we face vis-a-vis food prices and oil prices...and that solution does not lie, in any way, with left wing environmentalist ideas.

Indeed, doing the contrary to what they demand is the only way to fix the problems; perceived, fallacious, or real, that they talk about.

I see you don't perceive the difference between war with Islam and war with it's radical lunatic fringe....





Ah, doom and gloom personified. I love the passion...but it's really getting tired.





I hope you don't die in 2012. You're far to young for that. ...2012, jeez....




There's this thing called voting.
Cast the appropriate vote, and hopefully, you'll stop "them".

That was a great post MID. I'm happy to say I can finally agree with you on some issues.

Corn-based ethanol is a complete and utter joke. Sugar-based ethanol is cheaper and more efficient. Say 8 units of energy per 1 fossil fuel unit. Corn yields 1.3 units per 1 fossil fuel unit. That is also at a cost of hosrepower. When you factor in the variables such as; the depletion of topsoil due to replanting GMO corn every year (in order to capitalize on gov. subsidies), the depletion of the global food bank (which corn is most definitely a staple of, even more so with wheat-blight and natural disasters destroying crops worldwide), the reluctance of oil companies to invest in any kind of refining or exploration due to the ethanol mandate, and then the mad speculation of these 'market forces' artificially driving the price of crude oil to a point of unsustainability. They might not be obscure forces, but they definitely do not have any kind of sane oversight. They just want to milk it for all it's worth.


There's a simple, logical solution:


We cease taxing gasoline, and allowing the public to pay governments 6 to 8 times what the oil companies make. We drill for our own oil, and build the refineries we need to meet the demand (something that hasn't been done in this country since before Carter's administration...due to cowtowing to environmentalist nut groups), and we see the economy flourish, and oil company profits rise, as well as hundreds of thousands of American jobs created.

This means, economic growth, energy independence, reduction in prices across the board, and investment by the only people who are actually capable of such things--the oil companies, who employ talented engineers and scientists--in alternative energy sources for our future!

Why this simple and reasonable idea is not understood by some is utterly beyond me.

That is a pretty good solution, MID. I proffer a different one. Why don't we use this crop, Jatropha Curcas?

Jatropha Curcas
Jatropha curcas is a drought resistant, disease resistant perennial, which grows well in marginal to poor soil. It is easy to establish, grows relatively quickly, it is not generally browsed by animals and lives, producing seeds for up to 50 years. The oil, produced from the seeds of the Jatropha plant, burns with a clear smoke free flame. Depending on rainfall and soil quality, Jatropha trees begin producing oil bearing seeds two years after planting.

Low Emission Fuel – Because Jatropha contains no sulfur, it is a clean, low-emission fuel.
Better than Mineral Diesel – At the same power output, Jatropha oil consumption and efficiencies are higher than mineral diesel fuel (1990 – 1996 University of New Orleans study).
Better than Other Vegetable Oils – Tests demonstrate that out of various oils, including copra, palm, groundnut, cottonseed, rapeseed, soy and sunflower, the lowest exhaust gas emissions were obtained with copra and Jatropha oils.
Lower Cost of Production – Jatropha has a lower cost of production than many other oils because its chemical make-up is so close to diesel, resulting in a $0.10 - $0.20 per gallon cost savings. The oil yield per acre is among the highest of tree born seeds. The Jatropha seeds are easy to collect, as the trees are not very high. The Jatropha plant is undemanding of soil type and does not require tillage.
Many industry experts predict that in the next 10 years Jatropha will become the major bio diesel oil feedstock.
Jatropha is able to improve soil quality and arrest desertification.
Jatropha Seed Cake - The residual seedcake that is produced when the Jatropha seeds are crushed to produce oil can be used as organic fertilizer. Seed Cake remaining after the oil is pressed out can be used for cooking, fertilizing (organic manure, as the oil cake is rich in nitrogen, phosphorous and potassium).
Glycerin - a by-product of biodiesel production, which can be used to make a high-quality soap or refined and sold at a range of prices, depending on its purity, to be used in an immense range of products, including cosmetics, toothpaste, embalming fluids, pipe joint cement, cough medicine and tobacco (as a moistening agent).

Crude oil is so crucial to very many aspects of modern day industry and civilization. In order to make the gasoline that you put in your vehicle to drive, that oil has to go through a several year-long process of refining, while creating important byproducts at the same time. Somehow, someway, almost everything that we consume or use on a daily basis needed some part of that barrel of crude oil.

I wonder what would happen if we made hemp-based ethanol? There are so many solutions out there. It just seems that there is a 'force' out there thwarting this development contrary to the common good.

The point I really need to make is that the beg and borrow tactics of our elected representatives has effectively crippled us unto the rest of the world. I don't mean to portend doom, but this story almost surely cannot end with a happy ending. This has been a long time in the making. To give GW the credit even cheapens it that much more. It seems like they want to watch it all just cave in on itself. Leaving the American people to waste. You would almost think that the least that they could do would be to buy our apathy. It's almost as relevant as our current financial system.