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On Sun, 2007-09-02 at 22:05 +0100, Tom Potts wrote: > On Sunday 02 September 2007 18:23, Julian Hall wrote: > > Halliburton - who has made a mint off the US involvement in Iraq, and > > who owns shares? > > > You forget the market is basically pyramid selling - it needs to 'grow' to > work. The ultimate logic of capitalism, yes. CEOs are even required by law to increase shareholder value above all other considerations. > It very nearly collapsed ~ 1920's. That was the controlling interests of the Federal Reserve consolidating their position. As was pointed out by Milton Friedman, they contracted the monetary supply by one third and destroyed purchasing power, causing a run of bankruptcy. As they engineered this, they could act with prior knowledge to effectively "fleece the flock". > When it does collapse people like > Halliburton loose completely as their true net worth is essentially purely > imaginary. This reflects the "natural worth" of fiat currency. They tend to zero - it's a massive scam! > cf the US and world markets now - a couple of people default on > their mortgages and now the government is having to use taxes to support the > financial vapourware that is the market. Deflation is the scariest thing you > can say to a monetarist. The current economic decline (in particular the fall of the dollar) is symptomatic of the final stages of the plan to engineer a New World Order. There will likely be an event of some sort to trigger martial law in America within the next 6 months, possibly before mid-term elections. > If the 'US' wanted had wanted to create an excuse to attack Iraq there were > many things they could have done to raise popular ire without risking > destroying themselves in the process. The money owns the press and can > mountain a molehill easily. Like for Vietnam, where they fabricated the Gulf of Tonkin attack? I doubt they could get away with something completely fictitious in today's age of mass communication. Anyway, they needed something really terrifying to ram through repressive legislature. > The fact Halliburton made a fortune out of Iraq only means that they were in a > position to exploit the situation that someone intent on bringing down US > gave to them on a plate. > It was a good day to bury any integrity and follow the aims of PNAC. > Tom te tom te tom Yes, if that someone is one and the same. It was an inside job! -- The Mailing List for the Devon & Cornwall LUG http://mailman.dclug.org.uk/listinfo/list FAQ: http://www.dcglug.org.uk/linux_adm/list-faq.html