If I was paranoid - A starting point for discussion
I’d believe the claims of a new paradigm for “the ruling class”. No longer a social/economic strata, as defined by Marx & Lenin etc. now more an association of the most aggressive and wealthy owners of the US Military Industrial/Oil/Wall St/ Complex, allied to organised drugs gangs and the tireless seekers of state power - “our political leaders”. Real power seems to reside in a much tighter knit group than ever before. They seek always to extend their power and dominance no matter what the cost in lives or harm to our world. In the dangerous age of peak oil, global warming, and galloping environmental despoliation, modern capitalism morphs into corporatism.
“Fascism should more appropriately be called Corporatism because it is the merger of state and corporate power”: Mussolini
Events of September 11th
Sept. 11 was the cornerstone of a plot to justify a new chapter in US military and economic expansionism. There is a massive amount of evidence showing that hierarchies in government, the military industrial complex, oil industry and Wall Street backed the creation of a world-wide web of “Islamic terrorism”. They aided and abetted those that attacked the Pentagon and the WTC and caused the absolute total failure of US Air Defence Forces for more than three hours. Responsibility for the actual collapse of the three steel framed buildings is, as yet, unproven.
9/11 Commission Report
The official investigation into the demolition of the towers and building 7 is a whitewash. Key witnesses were not called. Forensic evidence is not investigated nor is US complicity with Islamic extremists. It is clear that the impact of the planes and fires were not the cause of the collapse. These are the only steel framed buildings ever to collapse into a pile of 10 metre section steel beams and microscopic dust clouds due to fire or earthquake.
The report on the Pentagon is a mass of contradictory evidence with not one single piece of the Boeing 757 revealed, just a small hole through three wings (six reinforced walls) of the building. Damage similar to what an armour piercing cruise missile might leave.
See: http://www.pentagonresearch.com/index.html
COLLAPSE OF THE TWIN TOWERS Sept 11th 2001
Basic science
I believe the basic science inherent in the collapse of the twin towers and building 7 is the key to unlocking the minds of millions to the mountain of verifiable evidence of criminal intrigue by the overlords of our fragile world. This seems essential if there is to be any hope of changing the course set towards an extremely damaged and terrorised world that maybe just a generation away.
The official story
The official story is that the towers collapsed because fire weakened steel supports causing a floor to collapse: the force of this floor collapsing, with the weight of the upper floors falling symmetrically onto the one below, causing every one of the 47 enormous steel uprights at the core and 240 perimeter columns to “gave way” at exactly the same moment in time, floor by floor, leading to the progressive, symmetrical collapse of the towers, virtually into their own footprint
Galileo’s theory on free fall
Galileo’s theory is a basis of modern science and is an absolute. The theory would indicate a free fall collapse time of approximately 12 seconds which is about the time the towers took to fall from video and seismic evidence. This time takes no account of any resistance from floor to floor as the core and exterior columns were said to “buckle and give way” progressively due to the pancaking of the floors.
See: Stephen Jones Professor of physics BYU http://www.physics.byu.edu/research/energy/htm7.html
Twin towers construction
A new design at the time, now common practice on tall towers, there is an immensely strong core with stairs and lift/service shafts with smaller, more numerous, external columns allowing open plan office space.
* The 47 core columns were 52 inches by 22 inches at their base. Fabricated in long lengths of 5 inch thick steel, in the lower sections they had steel slabs running through their centres making them almost solid. They reduced to columns measuring 32 inches by 16 inches of 4 inch thick steel as the towers height increased. The cores were cross braced with a lattice of steel beams. The floors in the core were structurally independent of the office floors which were connected to the 240 exterior columns of 14 inch wide steel box columns. These were fabricated in 2.5 inch thick steel at the base, reducing to .25 inch thick steel at the top floors.
Damage and collapse
* The video clips of the South Tower (hit around the 80th of 110 floors) show the 30 floors above the impact zone falling at an angle in one piece i.e. the 30 floor unit with 47 enormous core steel uprights and 240 external uprights, along with integrated concrete and steel floors plus structural window framing, started their decent at an angle to perpendicular of approximate 15%. Within a couple of video frames this separate 30 floor section, of steel and concrete, had turned to dust as it followed the symmetrical collapse of the lower floors.
* The North Tower (hit around the 95th floor) collapse started from the very top, with the radio mast being the first part of the entire tower to start dropping. This means the centre core gave way first.
* Each tower collapsed in around 12 seconds. The enormous pyroclastic cloud that enveloped each tower as it collapsed concealed the exact moment the structure became a pile of microscopic particles and 10 metre steel beams.
* In photos of the devastation there were virtually no large slabs of concrete or recognisable bits of stair case, washroom furniture, chairs, tables, carpet, light fittings etc. With the exception of the 10 metre steel beams, the towers and most of their contents were pulverised to microscopic powder. There has been reports that some computer hard drives were salvaged and information about insider trading activity recovered.
* The rubble at Ground Zero consisted of pieces of the steel structure and light aluminium cladding, unrecognisable bits of metal, pieces of paper and dust the consistency similar to baking powder. This pulverised powder covered the city. The number of people with medical problems linked to the WTC dust cloud surpasses 15000. The dust contained lead from 50 000 computers, radioactive materials from smoke alarms, toxic metals from light fitting along with powered asbestos and concrete.
* During the clear up there were many reports of “molten” steel being uncovered days after the collapse. A phenomena never explained.
* Of those killed on the day only around 1500 have been identified from the almost 20 000 “remains” (bits of human bodies) recovered. Less than 300 intact bodies were found. As with everything else, (except the 10 metre steel sections) the people were “vaporised” as the medical examiner put it and may never be identified. It takes 2 hours at around 1500 degrees F to cremate a body.
Steel, glass and kerosine
The fundamental laws of physics concerning the temperatures at which kerosine and office furniture burn and steel melts (or “snaps” into 10 metre lengths) or glass breaks, are challenged by the official 9.11 Commission Report. There is a mountain of verifiable witness statements and film evidence as to the limited degree of fire in the buildings. Examine the glass facing on the towers, mainly perfectly intact until the collapse. In this area we are told the heat was so intense it caused the steel columns to “give way”. Voice recordings have been released from Fire Chief Palmer who reached the impact area around the 78th floor of the South Tower just prior to collapse. Minor fires are reported. The steel skeleton, no matter how exposed, could not have been heated to damaging temperatures by the post impact fires.
See: photos/video at http://www.911research.wtc7.net/index.html
9/11 Commission Report
The official investigation into the demolition of the towers and building 7 is a whitewash. Key witnesses were not called. Forensic evidence is not investigated nor is US complicity with Islamic extremists. It is clear that the impact of the planes and fires were not the cause of the collapse. These are the only steel framed buildings ever to collapse into a pile of 10 metre section steel beams and microscopic dust clouds due to fire or earthquake. The collapse of Building 7 is unexplained in the original 911 report.
New Science ?
There is a desperate need for socially responsible journalists to explain how fundamental laws of physics have changed with the events of September 11th. A mountain of questions from eminent professional observers remain unanswered. Innumerable statements from relevant parties have not been addressed including one from the lead structural engineer of the construction of the towers; quoted in The Bridge Vol. 32 No.1 Spring 2002
“The events of September 11, however, are not well understood by me
. . . and perhaps cannot really be understood by anyone.”
Leslie E. Robertson.
Leslie E. Robertson is a director of design at Leslie E. Robertson Ass.
NOTE: He is not publicly critical of the Commission Report.
The above info is taken from various web sites or books by those with a deeper well of knowledge than me. (See list below) If Leslie Robertson does not understand the science it would appear to be time for others to apply their professional skills and knowledge to the task.
Psycho ops - Engineering compliance
Above all considerations, in the dangerous age of a terrorist “war without end”, peak oil, global warming, and galloping environmental despoliation, as modern capitalism morphs into corporatism - the crucial issue that needs addressing is the mass brainwashing of tens of millions of people who saw the towers collapse in about 12 seconds, who have accepted the Pentagon and Flight 93 story line and now remain hypnotised and silent even after the revelations of spin and lies over WMD and the invasion of Afghanistan and Iraq. (In between we’ve had Anthrax, Patriot 1 and 2, Guantanamo, corporate corruption in the rape of Iraqi linked to the White House, and a manipulated civil war in Iraq on the pattern taught at School of the Americas in the 80’s to El Salvadorian, Chilean, Bolivian etc. death squads)
Amongst the millions that watched events unfold are physicists, mathematicians, engineers, architects, journalists and many others educated to grasp Galileo’s theory of free fall and with comprehension of the strength of steel, concrete and glass - knowing how these materials behave in the real world. And yet, from the establishment media and scientific communities a virtual deafening silence. The establishment media have presented the managed message from the White House to extraordinary effect.
I’m just an ordinary citizen concerned for justice and future generations.
I’m not a scientist. I’m simply seeking a common sense explanation where there has been none not even from the lead structural engineers for the towers.
“Those who have the privilege to know have the duty to act”
Albert Einstein
Reference to critiques of the official story line with photos, video, witness statements etc. etc.
See:
http://www.physics.byu.edu/research/energy/htm7.html
http://www.911research.wtc7.net/index.html
http://www.nineeleven.co.uk
http://911readingroom.org/bib/index.html
(See rh panel: Remembrance /Oral histories)
http://www.911citizenswatch.org/
www.reopen911.org
http://www.cooperativeresearch.net/
http://www.911truth.org/
http://www.pentagonresearch.com/index.html
Read for starters:
War on Truth. Nafeez Mosaddeq Ahmed. Arris Books.
Crossing the Rubicon. M Rupert. New Society Publishers
Forbidden Truth. J-C Brisard & G Dasquie. Nation Books
911 Commission Report - omissions and distortions. Dr David R Griffin
New Pearl Harbour. Dr David R Griffin
Wednesday
Monday
Ron Paul. End of $ Hegemony
A hundred years ago it was called “dollar diplomacy.” After World War II, and especially after the fall of the Soviet Union in 1989, that policy evolved into “dollar hegemony.” But after all these many years of great success, our dollar dominance is coming to an end.
It has been said, rightly, that he who holds the gold makes the rules. In earlier times it was readily accepted that fair and honest trade required an exchange for something of real value.
First it was simply barter of goods. Then it was discovered that gold held a universal attraction, and was a convenient substitute for more cumbersome barter transactions. Not only did gold facilitate exchange of goods and services, it served as a store of value for those who wanted to save for a rainy day.
Though money developed naturally in the marketplace, as governments grew in power they assumed monopoly control over money. Sometimes governments succeeded in guaranteeing the quality and purity of gold, but in time governments learned to outspend their revenues. New or higher taxes always incurred the disapproval of the people, so it wasn’t long before Kings and Caesars learned how to inflate their currencies by reducing the amount of gold in each coin-- always hoping their subjects wouldn’t discover the fraud. But the people always did, and they strenuously objected.
This helped pressure leaders to seek more gold by conquering other nations. The people became accustomed to living beyond their means, and enjoyed the circuses and bread. Financing extravagances by conquering foreign lands seemed a logical alternative to working harder and producing more. Besides, conquering nations not only brought home gold, they brought home slaves as well. Taxing the people in conquered territories also provided an incentive to build empires. This system of government worked well for a while, but the moral decline of the people led to an unwillingness to produce for themselves. There was a limit to the number of countries that could be sacked for their wealth, and this always brought empires to an end. When gold no longer could be obtained, their military might crumbled. In those days those who held the gold truly wrote the rules and lived well.
That general rule has held fast throughout the ages. When gold was used, and the rules protected honest commerce, productive nations thrived. Whenever wealthy nations-- those with powerful armies and gold-- strived only for empire and easy fortunes to support welfare at home, those nations failed.
Today the principles are the same, but the process is quite different. Gold no longer is the currency of the realm; paper is. The truth now is: “He who prints the money makes the rules”-- at least for the time being. Although gold is not used, the goals are the same: compel foreign countries to produce and subsidize the country with military superiority and control over the monetary printing presses.
Since printing paper money is nothing short of counterfeiting, the issuer of the international currency must always be the country with the military might to guarantee control over the system. This magnificent scheme seems the perfect system for obtaining perpetual wealth for the country that issues the de facto world currency. The one problem, however, is that such a system destroys the character of the counterfeiting nation’s people-- just as was the case when gold was the currency and it was obtained by conquering other nations. And this destroys the incentive to save and produce, while encouraging debt and runaway welfare.
The pressure at home to inflate the currency comes from the corporate welfare recipients, as well as those who demand handouts as compensation for their needs and perceived injuries by others. In both cases personal responsibility for one’s actions is rejected.
When paper money is rejected, or when gold runs out, wealth and political stability are lost. The country then must go from living beyond its means to living beneath its means, until the economic and political systems adjust to the new rules-- rules no longer written by those who ran the now defunct printing press.
“Dollar Diplomacy,” a policy instituted by William Howard Taft and his Secretary of State Philander C. Knox, was designed to enhance U.S. commercial investments in Latin America and the Far East. McKinley concocted a war against Spain in 1898, and (Teddy) Roosevelt’s corollary to the Monroe Doctrine preceded Taft’s aggressive approach to using the U.S. dollar and diplomatic influence to secure U.S. investments abroad. This earned the popular title of “Dollar Diplomacy.” The significance of Roosevelt’s change was that our intervention now could be justified by the mere “appearance” that a country of interest to us was politically or fiscally vulnerable to European control. Not only did we claim a right, but even an official U.S. government “obligation” to protect our commercial interests from Europeans.
This new policy came on the heels of the “gunboat” diplomacy of the late 19th century, and it meant we could buy influence before resorting to the threat of force. By the time the “dollar diplomacy” of William Howard Taft was clearly articulated, the seeds of American empire were planted. And they were destined to grow in the fertile political soil of a country that lost its love and respect for the republic bequeathed to us by the authors of the Constitution. And indeed they did. It wasn’t too long before dollar “diplomacy” became dollar “hegemony” in the second half of the 20th century.
This transition only could have occurred with a dramatic change in monetary policy and the nature of the dollar itself.
Congress created the Federal Reserve System in 1913. Between then and 1971 the principle of sound money was systematically undermined. Between 1913 and 1971, the Federal Reserve found it much easier to expand the money supply at will for financing war or manipulating the economy with little resistance from Congress-- while benefiting the special interests that influence government.
Dollar dominance got a huge boost after World War II. We were spared the destruction that so many other nations suffered, and our coffers were filled with the world’s gold. But the world chose not to return to the discipline of the gold standard, and the politicians applauded. Printing money to pay the bills was a lot more popular than taxing or restraining unnecessary spending. In spite of the short-term benefits, imbalances were institutionalized for decades to come.
The 1944 Bretton Woods agreement solidified the dollar as the preeminent world reserve currency, replacing the British pound. Due to our political and military muscle, and because we had a huge amount of physical gold, the world readily accepted our dollar (defined as 1/35th of an ounce of gold) as the world’s reserve currency. The dollar was said to be “as good as gold,” and convertible to all foreign central banks at that rate. For American citizens, however, it remained illegal to own. This was a gold-exchange standard that from inception was doomed to fail.
The U.S. did exactly what many predicted she would do. She printed more dollars for which there was no gold backing. But the world was content to accept those dollars for more than 25 years with little question-- until the French and others in the late 1960s demanded we fulfill our promise to pay one ounce of gold for each $35 they delivered to the U.S. Treasury. This resulted in a huge gold drain that brought an end to a very poorly devised pseudo-gold standard.
It all ended on August 15, 1971, when Nixon closed the gold window and refused to pay out any of our remaining 280 million ounces of gold. In essence, we declared our insolvency and everyone recognized some other monetary system had to be devised in order to bring stability to the markets.
Amazingly, a new system was devised which allowed the U.S. to operate the printing presses for the world reserve currency with no restraints placed on it-- not even a pretense of gold convertibility, none whatsoever! Though the new policy was even more deeply flawed, it nevertheless opened the door for dollar hegemony to spread.
Realizing the world was embarking on something new and mind boggling, elite money managers, with especially strong support from U.S. authorities, struck an agreement with OPEC to price oil in U.S. dollars exclusively for all worldwide transactions. This gave the dollar a special place among world currencies and in essence “backed” the dollar with oil. In return, the U.S. promised to protect the various oil-rich kingdoms in the Persian Gulf against threat of invasion or domestic coup. This arrangement helped ignite the radical Islamic movement among those who resented our influence in the region. The arrangement gave the dollar artificial strength, with tremendous financial benefits for the United States. It allowed us to export our monetary inflation by buying oil and other goods at a great discount as dollar influence flourished.
This post-Bretton Woods system was much more fragile than the system that existed between 1945 and 1971. Though the dollar/oil arrangement was helpful, it was not nearly as stable as the pseudo gold standard under Bretton Woods. It certainly was less stable than the gold standard of the late 19th century.
During the 1970s the dollar nearly collapsed, as oil prices surged and gold skyrocketed to $800 an ounce. By 1979 interest rates of 21% were required to rescue the system. The pressure on the dollar in the 1970s, in spite of the benefits accrued to it, reflected reckless budget deficits and monetary inflation during the 1960s. The markets were not fooled by LBJ’s claim that we could afford both “guns and butter.”
Once again the dollar was rescued, and this ushered in the age of true dollar hegemony lasting from the early 1980s to the present. With tremendous cooperation coming from the central banks and international commercial banks, the dollar was accepted as if it were gold.
Fed Chair Alan Greenspan, on several occasions before the House Banking Committee, answered my challenges to him about his previously held favorable views on gold by claiming that he and other central bankers had gotten paper money-- i.e. the dollar system-- to respond as if it were gold. Each time I strongly disagreed, and pointed out that if they had achieved such a feat they would have defied centuries of economic history regarding the need for money to be something of real value. He smugly and confidently concurred with this.
In recent years central banks and various financial institutions, all with vested interests in maintaining a workable fiat dollar standard, were not secretive about selling and loaning large amounts of gold to the market even while decreasing gold prices raised serious questions about the wisdom of such a policy. They never admitted to gold price fixing, but the evidence is abundant that they believed if the gold price fell it would convey a sense of confidence to the market, confidence that they indeed had achieved amazing success in turning paper into gold.
Increasing gold prices historically are viewed as an indicator of distrust in paper currency. This recent effort was not a whole lot different than the U.S. Treasury selling gold at $35 an ounce in the 1960s, in an attempt to convince the world the dollar was sound and as good as gold. Even during the Depression, one of Roosevelt’s first acts was to remove free market gold pricing as an indication of a flawed monetary system by making it illegal for American citizens to own gold. Economic law eventually limited that effort, as it did in the early 1970s when our Treasury and the IMF tried to fix the price of gold by dumping tons into the market to dampen the enthusiasm of those seeking a safe haven for a falling dollar after gold ownership was re-legalized.
Once again the effort between 1980 and 2000 to fool the market as to the true value of the dollar proved unsuccessful. In the past 5 years the dollar has been devalued in terms of gold by more than 50%. You just can’t fool all the people all the time, even with the power of the mighty printing press and money creating system of the Federal Reserve.
Even with all the shortcomings of the fiat monetary system, dollar influence thrived. The results seemed beneficial, but gross distortions built into the system remained. And true to form, Washington politicians are only too anxious to solve the problems cropping up with window dressing, while failing to understand and deal with the underlying flawed policy. Protectionism, fixing exchange rates, punitive tariffs, politically motivated sanctions, corporate subsidies, international trade management, price controls, interest rate and wage controls, super-nationalist sentiments, threats of force, and even war are resorted to—all to solve the problems artificially created by deeply flawed monetary and economic systems.
In the short run, the issuer of a fiat reserve currency can accrue great economic benefits. In the long run, it poses a threat to the country issuing the world currency. In this case that’s the United States. As long as foreign countries take our dollars in return for real goods, we come out ahead. This is a benefit many in Congress fail to recognize, as they bash China for maintaining a positive trade balance with us. But this leads to a loss of manufacturing jobs to overseas markets, as we become more dependent on others and less self-sufficient. Foreign countries accumulate our dollars due to their high savings rates, and graciously loan them back to us at low interest rates to finance our excessive consumption.
It sounds like a great deal for everyone, except the time will come when our dollars-- due to their depreciation-- will be received less enthusiastically or even be rejected by foreign countries. That could create a whole new ballgame and force us to pay a price for living beyond our means and our production. The shift in sentiment regarding the dollar has already started, but the worst is yet to come.
The agreement with OPEC in the 1970s to price oil in dollars has provided tremendous artificial strength to the dollar as the preeminent reserve currency. This has created a universal demand for the dollar, and soaks up the huge number of new dollars generated each year. Last year alone M3 increased over $700 billion.
The artificial demand for our dollar, along with our military might, places us in the unique position to “rule” the world without productive work or savings, and without limits on consumer spending or deficits. The problem is, it can’t last.
Price inflation is raising its ugly head, and the NASDAQ bubble-- generated by easy money-- has burst. The housing bubble likewise created is deflating. Gold prices have doubled, and federal spending is out of sight with zero political will to rein it in. The trade deficit last year was over $728 billion. A $2 trillion war is raging, and plans are being laid to expand the war into Iran and possibly Syria. The only restraining force will be the world’s rejection of the dollar. It’s bound to come and create conditions worse than 1979-1980, which required 21% interest rates to correct. But everything possible will be done to protect the dollar in the meantime. We have a shared interest with those who hold our dollars to keep the whole charade going.
Greenspan, in his first speech after leaving the Fed, said that gold prices were up because of concern about terrorism, and not because of monetary concerns or because he created too many dollars during his tenure. Gold has to be discredited and the dollar propped up. Even when the dollar comes under serious attack by market forces, the central banks and the IMF surely will do everything conceivable to soak up the dollars in hope of restoring stability.
Eventually they will fail. Most importantly, the dollar/oil relationship has to be maintained to keep the dollar as a preeminent currency. Any attack on this relationship will be forcefully challenged—as it already has been.
In November 2000 Saddam Hussein demanded Euros for his oil. His arrogance was a threat to the dollar; his lack of any military might was never a threat. At the first cabinet meeting with the new administration in 2001, as reported by Treasury Secretary Paul O’Neill, the major topic was how we would get rid of Saddam Hussein-- though there was no evidence whatsoever he posed a threat to us. This deep concern for Saddam Hussein surprised and shocked O’Neill.
It now is common knowledge that the immediate reaction of the administration after 9/11 revolved around how they could connect Saddam Hussein to the attacks, to justify an invasion and overthrow of his government. Even with no evidence of any connection to 9/11, or evidence of weapons of mass destruction, public and congressional support was generated through distortions and flat out misrepresentation of the facts to justify overthrowing Saddam Hussein.
There was no public talk of removing Saddam Hussein because of his attack on the integrity of the dollar as a reserve currency by selling oil in Euros. Many believe this was the real reason for our obsession with Iraq. I doubt it was the only reason, but it may well have played a significant role in our motivation to wage war. Within a very short period after the military victory, all Iraqi oil sales were carried out in dollars. The Euro was abandoned.
In 2001, Venezuela’s ambassador to Russia spoke of Venezuela switching to the Euro for all their oil sales. Within a year there was a coup attempt against Chavez, reportedly with assistance from our CIA.
After these attempts to nudge the Euro toward replacing the dollar as the world’s reserve currency were met with resistance, the sharp fall of the dollar against the Euro was reversed. These events may well have played a significant role in maintaining dollar dominance.
It’s become clear the U.S. administration was sympathetic to those who plotted the overthrow of Chavez, and was embarrassed by its failure. The fact that Chavez was democratically elected had little influence on which side we supported.
Now, a new attempt is being made against the petrodollar system. Iran, another member of the “axis of evil,” has announced her plans to initiate an oil bourse in March of this year. Guess what, the oil sales will be priced Euros, not dollars.
Most Americans forget how our policies have systematically and needlessly antagonized the Iranians over the years. In 1953 the CIA helped overthrow a democratically elected president, Mohammed Mossadeqh, and install the authoritarian Shah, who was friendly to the U.S. The Iranians were still fuming over this when the hostages were seized in 1979. Our alliance with Saddam Hussein in his invasion of Iran in the early 1980s did not help matters, and obviously did not do much for our relationship with Saddam Hussein. The administration announcement in 2001 that Iran was part of the axis of evil didn’t do much to improve the diplomatic relationship between our two countries. Recent threats over nuclear power, while ignoring the fact that they are surrounded by countries with nuclear weapons, doesn’t seem to register with those who continue to provoke Iran. With what most Muslims perceive as our war against Islam, and this recent history, there’s little wonder why Iran might choose to harm America by undermining the dollar. Iran, like Iraq, has zero capability to attack us. But that didn’t stop us from turning Saddam Hussein into a modern day Hitler ready to take over the world. Now Iran, especially since she’s made plans for pricing oil in Euros, has been on the receiving end of a propaganda war not unlike that waged against Iraq before our invasion.
It’s not likely that maintaining dollar supremacy was the only motivating factor for the war against Iraq, nor for agitating against Iran. Though the real reasons for going to war are complex, we now know the reasons given before the war started, like the presence of weapons of mass destruction and Saddam Hussein’s connection to 9/11, were false. The dollar’s importance is obvious, but this does not diminish the influence of the distinct plans laid out years ago by the neo-conservatives to remake the Middle East. Israel’s influence, as well as that of the Christian Zionists, likewise played a role in prosecuting this war. Protecting “our” oil supplies has influenced our Middle East policy for decades.
But the truth is that paying the bills for this aggressive intervention is impossible the old fashioned way, with more taxes, more savings, and more production by the American people. Much of the expense of the Persian Gulf War in 1991 was shouldered by many of our willing allies. That’s not so today. Now, more than ever, the dollar hegemony-- it’s dominance as the world reserve currency-- is required to finance our huge war expenditures. This $2 trillion never-ending war must be paid for, one way or another. Dollar hegemony provides the vehicle to do just that.
For the most part the true victims aren’t aware of how they pay the bills. The license to create money out of thin air allows the bills to be paid through price inflation. American citizens, as well as average citizens of Japan, China, and other countries suffer from price inflation, which represents the “tax” that pays the bills for our military adventures. That is until the fraud is discovered, and the foreign producers decide not to take dollars nor hold them very long in payment for their goods. Everything possible is done to prevent the fraud of the monetary system from being exposed to the masses who suffer from it. If oil markets replace dollars with Euros, it would in time curtail our ability to continue to print, without restraint, the world’s reserve currency.
It is an unbelievable benefit to us to import valuable goods and export depreciating dollars. The exporting countries have become addicted to our purchases for their economic growth. This dependency makes them allies in continuing the fraud, and their participation keeps the dollar’s value artificially high. If this system were workable long term, American citizens would never have to work again. We too could enjoy “bread and circuses” just as the Romans did, but their gold finally ran out and the inability of Rome to continue to plunder conquered nations brought an end to her empire.
The same thing will happen to us if we don’t change our ways. Though we don’t occupy foreign countries to directly plunder, we nevertheless have spread our troops across 130 nations of the world. Our intense effort to spread our power in the oil-rich Middle East is not a coincidence. But unlike the old days, we don’t declare direct ownership of the natural resources-- we just insist that we can buy what we want and pay for it with our paper money. Any country that challenges our authority does so at great risk.
Once again Congress has bought into the war propaganda against Iran, just as it did against Iraq. Arguments are now made for attacking Iran economically, and militarily if necessary. These arguments are all based on the same false reasons given for the ill-fated and costly occupation of Iraq.
Our whole economic system depends on continuing the current monetary arrangement, which means recycling the dollar is crucial. Currently, we borrow over $700 billion every year from our gracious benefactors, who work hard and take our paper for their goods. Then we borrow all the money we need to secure the empire (DOD budget $450 billion) plus more. The military might we enjoy becomes the “backing” of our currency. There are no other countries that can challenge our military superiority, and therefore they have little choice but to accept the dollars we declare are today’s “gold.” This is why countries that challenge the system-- like Iraq, Iran and Venezuela-- become targets of our plans for regime change.
Ironically, dollar superiority depends on our strong military, and our strong military depends on the dollar. As long as foreign recipients take our dollars for real goods and are willing to finance our extravagant consumption and militarism, the status quo will continue regardless of how huge our foreign debt and current account deficit become.
But real threats come from our political adversaries who are incapable of confronting us militarily, yet are not bashful about confronting us economically. That’s why we see the new challenge from Iran being taken so seriously. The urgent arguments about Iran posing a military threat to the security of the United States are no more plausible than the false charges levied against Iraq. Yet there is no effort to resist this march to confrontation by those who grandstand for political reasons against the Iraq war.
It seems that the people and Congress are easily persuaded by the jingoism of the preemptive war promoters. It’s only after the cost in human life and dollars are tallied up that the people object to unwise militarism.
The strange thing is that the failure in Iraq is now apparent to a large majority of American people, yet they and Congress are acquiescing to the call for a needless and dangerous confrontation with Iran.
But then again, our failure to find Osama bin Laden and destroy his network did not dissuade us from taking on the Iraqis in a war totally unrelated to 9/11.
Concern for pricing oil only in dollars helps explain our willingness to drop everything and teach Saddam Hussein a lesson for his defiance in demanding Euros for oil.
And once again there’s this urgent call for sanctions and threats of force against Iran at the precise time Iran is opening a new oil exchange with all transactions in Euros.
Using force to compel people to accept money without real value can only work in the short run. It ultimately leads to economic dislocation, both domestic and international, and always ends with a price to be paid.
The economic law that honest exchange demands only things of real value as currency cannot be repealed. The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or Euros. The sooner the better.
15 February 2006
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Thursday
National Post CCC
The Deniers -- Part I
Statistics needed
Lawrence Solomon, National Post
Published: Friday, February 02, 2007
Tuesday, November 28, 2006
In the global warming debate, there are essentially two broad camps. One believes that the science is settled, that global warming is serious and man-made, and that urgent action must be taken to mitigate or prevent a future calamity. The other believes that the science is far from settled, that precious little is known about global warming or its likely effects, and that prudence dictates more research and caution before intervening massively in the economy.
The "science is settled" camp, much the larger of the two, includes many eminent scientists with impressive credentials. But just who are the global warming skeptics who question the studies from the great majority of climate scientists and what are their motives?
The series
Statistics needed -- The Deniers Part I
Warming is real -- and has benefits -- The Deniers Part II
The hurricane expert who stood up to UN junk science -- The Deniers Part III
Polar scientists on thin ice -- The Deniers Part IV
The original denier: into the cold -- The Deniers Part V
The sun moves climate change -- The Deniers Part VI
Will the sun cool us? -- The Deniers Part VII
The limits of predictability -- The Deniers Part VIII
Look to Mars for the truth on global warming -- The Deniers Part IX
Limited role for C02 -- the Deniers Part X
Many in the "science is settled" camp claim that the skeptics are untrustworthy -- that they are either cranks or otherwise at the periphery of their profession, or that they are in the pockets of Exxon or other corporate interests. The skeptics are increasingly being called Deniers, a term used by analogy to the Holocaust, to convey the catastrophe that could befall mankind if action is not taken. Increasingly, too, the press is taking up the Denier theme, convincing the public that the global-warming debate is over.
In this, the first of a series, I examine The Deniers, starting with Edward Wegman. Dr. Wegman is a professor at the Center for Computational Statistics at George Mason University, chair of the National Academy of Sciences' Committee on Applied and Theoretical Statistics, and board member of the American Statistical Association. Few statisticians in the world have CVs to rival his (excerpts appear nearby).
Wegman became involved in the global-warming debate after the energy and commerce committee of the U.S. House of Representatives asked him to assess one of the hottest debates in the global-warming controversy: the statistical validity of work by Michael Mann. You may not have heard of Mann or read Mann's study but you have often heard its famous conclusion: that the temperature increases that we have been experiencing are "likely to have been the largest of any century during the past 1,000 years" and that the "1990s was the warmest decade and 1998 the warmest year" of the millennium. You may have also heard of Mann's hockey-stick shaped graph, which showed relatively stable temperatures over most of the last millennium (the hockey stick's long handle), followed by a sharp increase (the hockey stick's blade) this century.
Mann's findings were arguably the single most influential study in swaying the public debate, and in 2001 they became the official view of the International Panel for Climate Change, the UN body that is organizing the worldwide effort to combat global warming. But Mann's work also had its critics, particularly two Canadians, Steve McIntyre and Ross McKitrick, who published peer-reviewed critiques of their own.
Wegman accepted the energy and commerce committee's assignment, and agreed to assess the Mann controversy pro bono. He conducted his third-party review by assembling an expert panel of statisticians, who also agreed to work pro bono. Wegman also consulted outside statisticians, including the Board of the American Statistical Association. At its conclusion, the Wegman review entirely vindicated the Canadian critics and repudiated Mann's work.
"Our committee believes that the assessments that the decade of the 1990s was the hottest decade in a millennium and that 1998 was the hottest year in a millennium cannot be supported," Wegman stated, adding that "The paucity of data in the more remote past makes the hottest-in-a-millennium claims essentially unverifiable." When Wegman corrected Mann's statistical mistakes, the hockey stick disappeared.
Wegman found that Mann made a basic error that "may be easily overlooked by someone not trained in statistical methodology. We note that there is no evidence that Dr. Mann or any of the other authors in paleoclimate studies have had significant interactions with mainstream statisticians." Instead, this small group of climate scientists were working on their own, largely in isolation, and without the academic scrutiny needed to ferret out false assumptions.
Worse, the problem also applied more generally, to the broader climate-change and meteorological community, which also relied on statistical techniques in their studies. "[I]f statistical methods are being used, then statisticians ought to be funded partners engaged in the research to insure as best we possibly can that the best quality science is being done," Wegman recommended, noting that "there are a host of fundamental statistical questions that beg answers in understanding climate dynamics."
In other words, Wegman believes that much of the climate science that has been done should be taken with a grain of salt -- although the studies may have been peer reviewed, the reviewers were often unqualified in statistics. Past studies, he believes, should be reassessed by competent statisticians and in future, the climate science world should do better at incorporating statistical know-how.
One place to start is with the American Meteorological Society, which has a committee on probability and statistics. "I believe it is amazing for a committee whose focus is on statistics and probability that of the nine members only two are also members of the American Statistical Association, the premier statistical association in the United States, and one of those is a recent PhD with an assistant-professor appointment in a medical school." As an example of the statistical barrenness of the climate-change world, Wegman cited the American Meteorological Association's 2006 Conference on Probability and Statistics in the Atmospheric Sciences, where only eight presenters out of 62 were members of the American Statistical Association.
While Wegman's advice -- to use trained statisticians in studies reliant on statistics -- may seem too obvious to need stating, the "science is settled" camp resists it. Mann's hockey-stick graph may be wrong, many experts now acknowledge, but they assert that he nevertheless came to the right conclusion.
To which Wegman, and doubtless others who want more rigourous science, shake their heads in disbelief. As Wegman summed it up to the energy and commerce committee in later testimony: "I am baffled by the claim that the incorrect method doesn't matter because the answer is correct anyway. Method Wrong + Answer Correct = Bad Science." With bad science, only true believers can assert that they nevertheless obtained the right answer.
LawrenceSolomon@nextcity.com.
- Lawrence Solomon is executive director of Urban Renaissance Institute, a division of Energy Probe Research Foundation.
THE CV OF A DENIER
Edward Wegman received his Ph.D. degree in mathematical statistics from the University of Iowa. In 1978, he went to the Office of Naval Research, where he headed the Mathematical Sciences Division with responsibility Navy-wide for basic research programs. He coined the phrase computational statistics, and developed a high-profile research area around this concept, which focused on techniques and methodologies that could not be achieved without the capabilities of modern computing resources and led to a revolution in contemporary statistical graphics. Dr. Wegman was the original program director of the basic research program in Ultra High Speed Computing at the Strategic Defense Initiative's Innovative Science and Technology Office. He has served as editor or associate editor of numerous prestigious journals and has published more than 160 papers and eight books.
Statistics needed
Lawrence Solomon, National Post
Published: Friday, February 02, 2007
Tuesday, November 28, 2006
In the global warming debate, there are essentially two broad camps. One believes that the science is settled, that global warming is serious and man-made, and that urgent action must be taken to mitigate or prevent a future calamity. The other believes that the science is far from settled, that precious little is known about global warming or its likely effects, and that prudence dictates more research and caution before intervening massively in the economy.
The "science is settled" camp, much the larger of the two, includes many eminent scientists with impressive credentials. But just who are the global warming skeptics who question the studies from the great majority of climate scientists and what are their motives?
The series
Statistics needed -- The Deniers Part I
Warming is real -- and has benefits -- The Deniers Part II
The hurricane expert who stood up to UN junk science -- The Deniers Part III
Polar scientists on thin ice -- The Deniers Part IV
The original denier: into the cold -- The Deniers Part V
The sun moves climate change -- The Deniers Part VI
Will the sun cool us? -- The Deniers Part VII
The limits of predictability -- The Deniers Part VIII
Look to Mars for the truth on global warming -- The Deniers Part IX
Limited role for C02 -- the Deniers Part X
Many in the "science is settled" camp claim that the skeptics are untrustworthy -- that they are either cranks or otherwise at the periphery of their profession, or that they are in the pockets of Exxon or other corporate interests. The skeptics are increasingly being called Deniers, a term used by analogy to the Holocaust, to convey the catastrophe that could befall mankind if action is not taken. Increasingly, too, the press is taking up the Denier theme, convincing the public that the global-warming debate is over.
In this, the first of a series, I examine The Deniers, starting with Edward Wegman. Dr. Wegman is a professor at the Center for Computational Statistics at George Mason University, chair of the National Academy of Sciences' Committee on Applied and Theoretical Statistics, and board member of the American Statistical Association. Few statisticians in the world have CVs to rival his (excerpts appear nearby).
Wegman became involved in the global-warming debate after the energy and commerce committee of the U.S. House of Representatives asked him to assess one of the hottest debates in the global-warming controversy: the statistical validity of work by Michael Mann. You may not have heard of Mann or read Mann's study but you have often heard its famous conclusion: that the temperature increases that we have been experiencing are "likely to have been the largest of any century during the past 1,000 years" and that the "1990s was the warmest decade and 1998 the warmest year" of the millennium. You may have also heard of Mann's hockey-stick shaped graph, which showed relatively stable temperatures over most of the last millennium (the hockey stick's long handle), followed by a sharp increase (the hockey stick's blade) this century.
Mann's findings were arguably the single most influential study in swaying the public debate, and in 2001 they became the official view of the International Panel for Climate Change, the UN body that is organizing the worldwide effort to combat global warming. But Mann's work also had its critics, particularly two Canadians, Steve McIntyre and Ross McKitrick, who published peer-reviewed critiques of their own.
Wegman accepted the energy and commerce committee's assignment, and agreed to assess the Mann controversy pro bono. He conducted his third-party review by assembling an expert panel of statisticians, who also agreed to work pro bono. Wegman also consulted outside statisticians, including the Board of the American Statistical Association. At its conclusion, the Wegman review entirely vindicated the Canadian critics and repudiated Mann's work.
"Our committee believes that the assessments that the decade of the 1990s was the hottest decade in a millennium and that 1998 was the hottest year in a millennium cannot be supported," Wegman stated, adding that "The paucity of data in the more remote past makes the hottest-in-a-millennium claims essentially unverifiable." When Wegman corrected Mann's statistical mistakes, the hockey stick disappeared.
Wegman found that Mann made a basic error that "may be easily overlooked by someone not trained in statistical methodology. We note that there is no evidence that Dr. Mann or any of the other authors in paleoclimate studies have had significant interactions with mainstream statisticians." Instead, this small group of climate scientists were working on their own, largely in isolation, and without the academic scrutiny needed to ferret out false assumptions.
Worse, the problem also applied more generally, to the broader climate-change and meteorological community, which also relied on statistical techniques in their studies. "[I]f statistical methods are being used, then statisticians ought to be funded partners engaged in the research to insure as best we possibly can that the best quality science is being done," Wegman recommended, noting that "there are a host of fundamental statistical questions that beg answers in understanding climate dynamics."
In other words, Wegman believes that much of the climate science that has been done should be taken with a grain of salt -- although the studies may have been peer reviewed, the reviewers were often unqualified in statistics. Past studies, he believes, should be reassessed by competent statisticians and in future, the climate science world should do better at incorporating statistical know-how.
One place to start is with the American Meteorological Society, which has a committee on probability and statistics. "I believe it is amazing for a committee whose focus is on statistics and probability that of the nine members only two are also members of the American Statistical Association, the premier statistical association in the United States, and one of those is a recent PhD with an assistant-professor appointment in a medical school." As an example of the statistical barrenness of the climate-change world, Wegman cited the American Meteorological Association's 2006 Conference on Probability and Statistics in the Atmospheric Sciences, where only eight presenters out of 62 were members of the American Statistical Association.
While Wegman's advice -- to use trained statisticians in studies reliant on statistics -- may seem too obvious to need stating, the "science is settled" camp resists it. Mann's hockey-stick graph may be wrong, many experts now acknowledge, but they assert that he nevertheless came to the right conclusion.
To which Wegman, and doubtless others who want more rigourous science, shake their heads in disbelief. As Wegman summed it up to the energy and commerce committee in later testimony: "I am baffled by the claim that the incorrect method doesn't matter because the answer is correct anyway. Method Wrong + Answer Correct = Bad Science." With bad science, only true believers can assert that they nevertheless obtained the right answer.
LawrenceSolomon@nextcity.com.
- Lawrence Solomon is executive director of Urban Renaissance Institute, a division of Energy Probe Research Foundation.
THE CV OF A DENIER
Edward Wegman received his Ph.D. degree in mathematical statistics from the University of Iowa. In 1978, he went to the Office of Naval Research, where he headed the Mathematical Sciences Division with responsibility Navy-wide for basic research programs. He coined the phrase computational statistics, and developed a high-profile research area around this concept, which focused on techniques and methodologies that could not be achieved without the capabilities of modern computing resources and led to a revolution in contemporary statistical graphics. Dr. Wegman was the original program director of the basic research program in Ultra High Speed Computing at the Strategic Defense Initiative's Innovative Science and Technology Office. He has served as editor or associate editor of numerous prestigious journals and has published more than 160 papers and eight books.
Climate Change
National Post Canada
Statistics needed -- The Deniers Part I
Warming is real -- and has benefits -- The Deniers Part II
The hurricane expert who stood up to UN junk science -- The Deniers Part III
Polar scientists on thin ice -- The Deniers Part IV
The original denier: into the cold -- The Deniers Part V
The sun moves climate change -- The Deniers Part VI
Will the sun cool us? -- The Deniers Part VII
The limits of predictability -- The Deniers Part VIII
Look to Mars for the truth on global warming -- The Deniers Part IX
Limited role for C02 -- the Deniers Part X
End the chill -- The Deniers Part XI
Clouded research -- The Deniers Part XII
Allegre's second thoughts -- The Deniers XIII
The heat's in the sun -- The Deniers XIV
Unsettled Science -- The Deniers XV
Bitten by the IPCC -- The Deniers XVI
Little ice age is still within us -- The Deniers XVII
Fighting climate 'fluff' -- The Deniers XVIII
Science, not politics -- The Deniers XIX
Gore's guru disagreed -- The Deniers XX
The ice-core man -- The Deniers XXI
Some restraint in Rome -- The Deniers XXII
Discounting logic -- The Deniers XXIII
Dire forecasts aren't new -- The Deniers XXIV
They call this a consensus? - Part XXV
NASA chief Michael Griffin silenced - Part XXVI
Forget warming - beware the new ice age - Part XXVII
Statistics needed -- The Deniers Part I
Warming is real -- and has benefits -- The Deniers Part II
The hurricane expert who stood up to UN junk science -- The Deniers Part III
Polar scientists on thin ice -- The Deniers Part IV
The original denier: into the cold -- The Deniers Part V
The sun moves climate change -- The Deniers Part VI
Will the sun cool us? -- The Deniers Part VII
The limits of predictability -- The Deniers Part VIII
Look to Mars for the truth on global warming -- The Deniers Part IX
Limited role for C02 -- the Deniers Part X
End the chill -- The Deniers Part XI
Clouded research -- The Deniers Part XII
Allegre's second thoughts -- The Deniers XIII
The heat's in the sun -- The Deniers XIV
Unsettled Science -- The Deniers XV
Bitten by the IPCC -- The Deniers XVI
Little ice age is still within us -- The Deniers XVII
Fighting climate 'fluff' -- The Deniers XVIII
Science, not politics -- The Deniers XIX
Gore's guru disagreed -- The Deniers XX
The ice-core man -- The Deniers XXI
Some restraint in Rome -- The Deniers XXII
Discounting logic -- The Deniers XXIII
Dire forecasts aren't new -- The Deniers XXIV
They call this a consensus? - Part XXV
NASA chief Michael Griffin silenced - Part XXVI
Forget warming - beware the new ice age - Part XXVII
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