Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Iraq

An Open Letter to NFL Players

You graduated from high school in 2011.  Your teenage years were a struggle.  You grew up on the wrong side of the tracks.  Your mother was the leader of the family because your father was absent and worked tirelessly to keep a roof over your head and food on your plate..  Academics were a struggle for you and your grades were mediocre at best. The only thing that made you stand out is you weighed 225 lbs and could run 40 yards in 4.2 seconds while carrying a football.   Your best friend was just like you, except he didn’t play football.  Instead of going to football practice after school, he went to work at McDonald’s for minimum wage.  You were recruited by all the big colleges and spent every weekend of your senior year making visits to universities where coaches and boosters tried to convince you their school was the best.  They laid out the red carpet for you. Your best friend worked double shifts at Mickey D’s.  College was not an option for him.  On the day you signed with Big State University, your best friend signed paperwork with his Army recruiter.  You went to summer workouts.  He went to basic training.

You spent the next four years living in the athletic dorm, eating at the training table. You spent your Saturdays on the football field, cheered on by adoring fans.  Tutors attended to your every academic need.  You attended class when you felt like it. Sure, you worked hard. You lifted weights, ran sprints, studied plays, and soon became one of the top football players in the country.
Your best friend was assigned to the 101st Airborne Division. While you were in college, he deployed to Iraq once and Afghanistan twice.  He became a Sergeant and led a squad of 19 year old soldiers who grew up just like he did.  He shed his blood in Afghanistan and watched young American’s give their lives, limbs, and innocence for the USA.
You went to the NFL combine and scored off the charts.  You hired an agent and waited for draft day.  You were drafted in the first round and your agent immediately went to work, ensuring that you received the most money possible. You signed for $16 million although you had never played a single down of professional football.  Your best friend re-enlisted in the Army for four more years. As a combat tested sergeant, he will be paid $32,000 per year.
You will drive a Ferrari on the streets of South Beach.  He will ride in the back of a Blackhawk helicopter with 10 other combat-ready soldiers.  You will sleep at the Ritz.  He will dig a hole in the ground and try to sleep. You will “make it rain” in the club.  He will pray for rain as the temperature reaches 120 degrees.
On Sunday, you will run into a stadium as tens of thousands of fans cheer and yell your name.  For your best friend, there is little difference between Sunday and any other day of the week.  There are no adoring fans.  There are only people trying to kill him and his soldiers. Every now and then, he and his soldiers leave the front lines and “go to the rear” to rest.  He might be lucky enough to catch an NFL game on TV.  When the National Anthem plays and you take a knee, he will jump to his feet and salute the television.  While you protest the unfairness of life in the United States, he will give thanks to God that he has the honor of defending this great country.
To the players of the NFL:  We are the people who buy your tickets, watch you on TV, and wear your jerseys.  We anxiously wait for Sundays so we can cheer for you and marvel at your athleticism. Although we love to watch you play, we care little about your opinions until you offend us. You have the absolute right to express yourselves, but we have the absolute right to boycott you.  We have tolerated your drug use and DUIs, your domestic violence, your vulgar displays of wealth and your wearisome selfish displays in the end zone.  We should be ashamed for putting our admiration of your physical skills before what is morally right.  But now you have gone too far. You have insulted our flag, our country, our soldiers, our police officers, and our veterans. You are living the American dream, yet you disparage our great country.  I am done with NFL football and encourage all like minded Americans to boycott the NFL as well.

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Steve Bannon – Both Friend and Enemy of Freedom – Returns to Breitbart

This article was published by The McAlvany Intelligence Advisor on Monday, August 21, 2017: 

It didn’t take Steve Bannon – Trump’s chief political strategist – very long to bid adieu and pick up where he left off at Breitbart. On Friday he explained his widely anticipated departure:

On August 7th, I talked to [Chief of Staff John] Kelly and to the President, and I told them that my resignation would be effective the following Monday, on the 14th. I’d always planned on spending one year. General Kelly has brought in a great new system, but I said it would be best [to leave]. I want to get back to Breitbart.

On Friday night, he was back at work as Executive Chairman at Breitbart, saying:

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Bannon’s Ouster as Trump’s Chief Strategist Largely Self-inflicted

This article appeared online at TheNewAmerican.com on Sunday, August 20, 2017:

Immediately upon his termination as President Trump’s chief political strategist last week, Steve Bannon returned to his former position as executive chairman of Breitbart News. In fact, within hours of his return he chaired an “all-hands” meeting to plan the future.

Bannon said it was all part of a plan: “On August 7th, I talked to [Chief of Staff John] Kelly and to the President, and I told them that my resignation would be effective the following Monday, on the 14th. I’d always planned on spending one year. General Kelly has brought in a great new system, but I said it would be best [to leave]. I want to get back to Breitbart.” Upon his return to Brietbart, Bannon said:

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Questions for President Trump on Venezuela

This article was published by The McAlvany Intelligence Advisor on Wednesday, August 16, 2018:

State flag of Venezuela.

State flag of Venezuela.

Inquiring minds are asking: what on earth is the US doing meddling in the affairs of Venezuela? The media has broadcast the rolling and accelerating disaster taking place there, with some even properly blaming it on socialist practices unleased by Marxist Hugo Chavez (they are called “Chavism” and its supporters are called “Chavists”) and his protégé, Nicolas Maduro.

Those policies, enforced with increasing vengeance upon a powerless citizenry, have all but destroyed a country that once was one of the most prosperous in South America.

Grant the point. But does this justify in any way U.S. interference? Does it justify sanctions, freezing of assets of Maduro and his henchmen, and removing the freedom of Americans to do business with him, or them? Notice please that the sanctions only apply to about 30 of Maduro’s people and not to any of the 20 or so American oil refineries currently supporting Maduro’s Marxist regime to the tune of a billion dollars a month.

Here are some other questions:

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Trump Doesn’t Rule Out Use of Military Force in Venezuela

This article appeared online at TheNewAmerican.com on Monday, August 14, 2017:

Following the issuance of the “Lima Declaration” on Friday stating that “Venezuela is no longer a democracy,” signed by nearly a dozen South American countries as well as Canada, President Trump had the opportunity to back off on previous threats of possibly using military force to oust its Marxist dictator Nicolás Maduro. Instead he ramped them up, declaring: “We have many options.… This is our neighbor. We are all over the world and we have troops all over the world in places that are very, very far away. Venezuela is not very far away and the people … are suffering. They’re dying. We have many options for Venezuela including a possible military option, if necessary…. I’m not going to rule out a military option. Venezuela is a mess.”

But as Henri Falcon, the opposition governor of the Venezuelan state of Lara, responded, “This mess is ours! Sort out your own, of which you have plenty.”

Mish Shedlock, a Trump supporter, asked the president a number of questions about why he is threatening Venezuela:

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Questions for President Trump on Venezuela

This article was published by The McAlvany Intelligence Advisor on Monday, August 14, 2017:

Português: Brasília - O chanceler da Venezuela...

Nicolas Maduro

Inquiring minds are asking: what on earth is the US doing meddling in the affairs of Venezuela? The media has broadcast the rolling and accelerating disaster taking place there, with some even properly blaming it on socialist practices unleased by Marxist Hugo Chavez (they are called “Chavism” and its supporters are called “Chavists”) and his protégé, Nicolas Maduro.

Those policies, enforced with increasing vengeance upon a powerless citizenry, have all but destroyed a country that once was one of the most prosperous in South America.

Grant the point. But does this justify in any way U.S. interference? Does it justify sanctions, freezing of assets of Maduro and his henchmen, and removing the freedom of Americans to do business with him, or them? Notice please that the sanctions only apply to about 30 of Maduro’s people and not to any of the 20 or so American oil refineries currently supporting Maduro’s Marxist regime to the tune of a billion dollars a month.

Here are some other questions:

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OPEC Members Continue Non-compliance

This article appeared online at TheNewAmerican.com on Friday, August 11, 2017:

English: Flag of the Organization of Petroleum...

The Paris-based International Energy Agency (IEA) noted in its latest report released on Friday that non-compliance among OPEC’s members, and those non-members who also agreed to cut oil production, increased again in July. Non-compliance is the death knell for any cartel, and OPEC is no exception.

Specifically, non-compliance among the cartel’s members rose to 25 percent in July, the highest since the agreement was inked in January. Among non-OPEC members who signed on to that agreement, non-compliance was at 33 percent in July.

Put another way,

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More OPEC Bad News: Increases in World Oil Supplies Overwhelming Its Cuts

This article appeared online at TheNewAmerican.com on Wednesday, June 14, 2017:  

English: Map of OPEC countries. Dark green = m...

English: Map of OPEC countries. Dark green = member states, Light green = former member states. Light Grey = Prospective members.

In its regular monthly oil market report, the International Energy Agency (IEA) stated that the world’s supply of crude oil increased in April by 18 million barrels just when it was expected to decline. To add to OPEC’s woes —OPEC is unsuccessfully trying to reduce the world’s oil supplies by cutting production so as to raise oil prices enough to fund the countries’ welfare states —  the agency also said it expected U.S. producers to increase their production by 430,000 barrels a day this year over last year, and by 780,000 barrels a day in 2018. The agency added that even this might be too pessimistic: “Such is the dynamism of this extraordinary, very diverse industry it is possible that growth [in crude oil inventories] will be faster [than we estimate].”

Its report makes for sobering reading for OPEC’s 13 members and the other 10 nonmembers who extended a production cut agreement to March 2018:

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OPEC to Extend Oil Production Cuts Another Nine Months

This article appeared online at TheNewAmerican.com on Wednesday, May 24, 2017: 

Now that “everyone is on board” with a nine-month extension of last November’s agreement to cut production by OPEC, tomorrow’s meeting of the cartel in Vienna is expected to rubber-stamp that extension. Saudi Arabia’s oil minister, Khalid al-Falih, upon returning from Iraq on Monday, said, “We think we have everybody on board. Everybody I’ve talked to indicated that nine months [is] a wise decision.”

Iraq was the most egregious cheater under the November agreement, first complaining that the production numbers upon which its “participation” was based were too high, and then being very slow in implementing those cuts. The slack was picked up by Saudi Arabia, which cut more than it agreed to.

The overall goal of the cuts is to

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Sweden Revokes Arrest Warrant for WikiLeaks’ Julian Assange

This article appeared online at TheNewAmerican.com on Friday, May 19, 2017: 

Little is likely to change for Julian Assange, the founder of WikiLeaks, who just learned on Friday that his arrest warrant issued by Swedish authorities back in 2010 has been revoked. Until the British government decides to revoke its own warrant for Assange jumping bail in November of that year, he’ll stay put inside the Ecuadorian Embassy in London.

Sweden’s top prosecutor, Marianne Ny, said she gave up trying to serve him but added that “if he were to return to Sweden before the statute of limitations on this case expires in August 2020, the preliminary investigation could be resumed.”

At issue was a rape charge levied against Assange by two women with whom he had sexual relations while in Sweden to make a speech in 2010. When Interpol issued a Red Notice for his arrest, Assange gave himself up. In December that year he posted bail in London but

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OPEC Increasingly Irrelevant as Cartel Seeks to Extend Output-cut Deal

This article appeared online at TheNewAmerican.com on Wednesday, May 3, 2017: 

English: Flag of the Organization of Petroleum...

Gregory Brew’s statement from Oilprice.com on Tuesday was spot on: “OPEC Begins to Unravel.” Except that the unraveling began years ago as entrepreneurs in the United States found a way to tap underground shale profitably.

OPEC faces an essentially insurmountable task. On May 25, oil ministers from all 13 of the cartel’s members will meet in Vienna to decide whether or not its present oil output cut agreement should be extended. Either way, OPEC’s doom as the prime determiner of world crude oil prices is likely sealed.

If they decide not to extend the output cut, the world will know that OPEC is finished. The ministers will depart Vienna and tell their governments that

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Trump Picks Neocon to Head Council of Economic Advisors

This article appeared online at TheNewAmerican.com on Monday, April 10, 2017:

President Donald Trump announced on Friday that he would nominate Kevin Hassett as chairman of his Council of Economic Advisors. Immediately, Glenn Hubbard, a neocon serving as a visiting scholar at the “conservative” American Enterprise Institute (AEI), piped up to laud Hassett’s nomination and Trump’s wisdom in selecting him for the position: “He’s not just a standard-issue really good economist, [Hassett is] someone who knows how policy works. The tax changes being considered are really aimed at boosting investment, so I think Kevin is exactly the right person.”

He’s the right person if Trump wants someone whose resumé includes stints at the

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Trump Stumbles Again: Appoints Interventionist to head his Council of Economic Advisors

This article was published by The McAlvany Intelligence Advisor on Monday, April 10, 2017:

Cover of "DOW 36,000 : The New Strategy f...

One way to test a hypothesis is to apply it to the real world. Two renowned, highly-regarded, and elite-college trained economists did just that. In 1999 James Glassman, the founding executive director of the George W. Bush Institute (Harvard-trained with a BA in government), and Kevin Hassett, BA in Economics from Swarthmore and Ph.D. in Economics from the University of Pennsylvania, wrote Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market. So sure were they about their prediction they went on the road to promote it, claiming that “stocks are now in the midst of a one-time-only rise to much higher ground – to the neighborhood of 36,000 on the Dow Jones Industrial Average.”

On December 31, 1999 the Dow stood at 11,497. A little over three years later the Dow closed (on March 6, 2003) at 7,673, a drop of 3,823 points, costing those who bought the book and took their advice one-third of their investment.

But both persisted,

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More Evidence that OPEC’s Influence is Waning

This article was published by The McAlvany Intelligence Advisor on Wednesday, March 22, 2017:

A measure of the success – and failure – of OPEC’s agreement to limit crude oil production can be seen in the chart of NYMEX crude oil price behavior (Sources below) dating from last fall. When the agreement was inked back in November, crude was at $46.50 a barrel. The price soared and traders got excited, putting in long bets that set records.

By early January, reality began setting in as compliance among the cartel’s members and non-members (who agreed to go along for the ride) began to wane. The roof fell in a couple of weeks ago when inventory builds continued to set records, and the price dropped through support at $50.

In other words, in OPEC’s attempt to birth an elephant, it succeeded in birthing a gnat.

Saudi Arabia maintained a stiff upper lip during the Houston oil conference, stating flat out that

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Saudi Arabia Losing Influence in Global Oil Markets

This article appeared online at TheNewAmerican.com on Tuesday, March 21, 2017:

As it continues to wrestle with declining oil prices worldwide, Saudi Arabia, the de facto head of the OPEC oil cartel, is giving up ground. It said a week ago that it would not allow any “free riders” to enjoy higher oil prices if they rose due to Saudi’s singular attempt to keep them up. A week later it was reported that the kingdom cut its production by 800,000 barrels per day, 60 percent below its agreement. So much for disclaimers against those “free riders” who continue to violate the agreement by exceeding their quotas.

Now comes news that the kingdom’s exports to the United States for the week ended March 10

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OPEC’s Influence Wanes as Members Cheat on Production Cuts

This article appeared online at TheNewAmerican.com on Monday, February 13, 2017:

OPEC’s report on how its members are complying with the production-cut agreement hammered out last fall came out on Monday. As expected, it reported cheating among its members.

Per the November 30 agreement, members allegedly agreed to cut production to 32.5 million bpd (barrels per day) of crude. Iraq, Venezuela, Angola, and Algeria cut their production modestly but less than they agreed, while Nigeria, Libya, and Iran produced more. Because Nigeria and Libya are exempt from the production cuts, Saudi Arabia, Kuwait, and UAE (United Arab Emirates) were forced to over-comply. The total produced by the cartel in January came in just below the target of 32.5 million bpd at 32.1 bpd.

Accompanying the report was a statement that crude oil price “gains were capped by increased drilling activity in the US.”

Those crude oil prices are likely to continue to drop despite OPEC’s best efforts to force them higher. The headwinds the cartel faces are monumental:

First, U.S. rig counts jumped to 591 last week, the highest since October 23, 2015 and an increase of 114 since the OPEC agreement.

 

Second, the Department of Energy announced it will be reducing the U.S. strategic oil reserve later this month through the sale of 10 million barrels.

 

Third, crude oil inventories jumped by nearly 14 million barrels last week, bringing the stockpile of private oil inventories close to an 80-year record level at 508 million barrels.

 

In addition, U.S. oil and gas companies are raising new money through Wall Street equity offerings at rates not seen since at least the year 2000. In January alone, 13 different offerings raised $6.64 billion. And they are using that new money not only to develop existing oil fields, but to acquire additional reserves through mergers and acquisitions (M&A). Last year, M&A activity totaled $24 billion. For 2017, oil and gas companies have already invested half that much and it’s only February.

All of this illustrates the decreasing influence of OPEC in directing the price of crude oil on the world market. Aside from the cheaters, OPEC is also faced with other forces over which it has no control, mostly in the oil industry of the United States.

Crude Drops 10 Percent; Price Decline Just Beginning

This article appeared online at TheNewAmerican.com on Wednesday, November 2, 2016:

Midday last Thursday, the price of crude oil for delivery in December touched $50, and it’s been all downhill since then. At noon on Wednesday crude oil futures touched $45 a barrel on news that inventories soared last week by the most in 34 years.

The market wasn’t expecting that. It was bad enough that the American Petroleum Institute (API) reported a supply increase nine times greater than analysts and observers were expecting last week. Those market seers were betting on an increase of a million barrels. Instead the API reported the increase was 9.3 million — a miss of gigantic proportions.

On Wednesday, however, the Energy Information Administration (EIA) reported that the API’s estimate was far too low:

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OPEC Fails to Agree as U.S. Energy Industry Ramps Up

This article appeared online at TheNewAmerican.com on Monday, October 31, 2016:

After 12 hours of effort to hash out an agreement to cut oil production that can be presented formally to the Organization of Petroleum Exporting Countries in November, 14 oil ministers meeting in Vienna over the weekend gave birth to — a goose egg. Without an agreement, the November 30 gathering is likely to be irrelevant, just as the cartel itself is becoming.

Every cartel eventually blows up due to members unwillingness to 

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OPEC Continues to lose its game of Chicken with US Energy Producers

This article was published by The McAlvany Intelligence Advisor on Monday, October 31, 2016:

It is said that, in a game of chicken, the one who flinches first loses. Last week Saudi Arabia flinched.

It went to the global bond market, hat in hand, hoping to raise $10 billion to slow down its liquidation of its foreign reserves. Last year those reserves dropped by $100 billion. With the market stronger than anticipated (or perhaps because they knew it was the most they could raise for quite a while) they raised $18 billion.

That $18 billion will be gone in two months, leaving investors holding a piece of paper that might not be redeemable for face value at maturity. What will be left is the increasingly irrelevant cartel that Saudi Arabia has led for the last 55 years.

For proof,

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Reality Sets In: OPEC Ready to Cut Production to Raise Oil Prices

This article appeared at TheNewAmerican.com on Friday, September 30, 2016:  

Wednesday’s announcement from OPEC about an agreement to cut production to shore up crude oil prices was met with both delight and scorn by observers. Exuded Phil Flynn, senior energy analyst at Price Futures Group:

This is the first OPEC deal in eight years! The cartel proved that it still matters even in the age of shale. This is the end of the “production war” and OPEC claims victory.

Bunk, said David Petraeus, the former CIA director who was forced to resign under a cloud in November 2012 and who subsequently was hired by Wall Street firm Kohlberg Kravis Roberts to chair the firm’s newly created KKR Global Institute:

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.