Monday, February 28, 2011

LIBYA THE SIDE SHOW!

LIBYA THE SIDE SHOW - Bahrain and Saudi Arabia the real action spots!!

 

[Market Watch]

MARKET WATCH. Having crashed over [€106.33/$147USD's] for yet another record on July 11th, 2008, crude oil is trading around [€70.88/$98USD's] per barrel.

This is up about [€46.29/$64USD's] from the low of [€24.59/$34USD's] per barrel prior to enactment of the Obama economic recovery program, reflecting a low point in global economic activity.

It's also up [ONE-SIXTH] one-sixth in a week as a result of the chaos in Libya.

[Now compare market watch to Germany]

 

(WWW.SPIEGEL.DE)

Europe's Favorite Dictators

The EU Has Failed the Arab World

BY: FRANK DOHMEN, ALEXANDER NEUBACHER, RALF NEUKIRCH, CHRISTOPH SCHULT, ANDREAS ULRICH and Translated from the German by Josh Ward

In Germany, production slowdowns in Libya have caused gas prices to climb to [€1.57Euros per liter/$8.17USD's per gallon], up from [€1.49Euros per liter/$7.75USD's per gallon] in January, and prices are expected to continue to rise. If the pro-democracy unrest should also spill over into oil-rich [SAUDI ARABIA], experts predict that oil prices could reach new all-time highs, which would have disastrous effects on growth and employment in Europe.

 

[Libya the political sideshow]

 

Libya is nothing more than a political side show to the real action in the East of Saudi Arabia and its bordering nation Bahrain, both critical to the American – Israeli Military Industrial Complex [THE EMPIRE] and the [EU] European Union economically, and militarily, one can only imagine what the [EMPIRE] citizens would feel about [€1.57Euros per liter/$8.17USD's per gallon +), after living on under priced oil at the pump all these years and that's not counting the cost of heating oil. Libya only represents [12%] of the worlds crude oil production, talk about disastrous effects in the [EU] no amount of [QE's] Quantitive Easings will save the day, for [THE EMPIRE]. Libya is a political side show, the real action is happening under their very noses

 

HERCULE TRIATHLON SAVINIEN                          

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