The idea is that you destroy the world economy and make every one poorer, among other things.
And WHAT DO YOU KNOW, here are the terms appearing in my Globalist, Agenda-Pushing War Daily.
"signs of demand destruction in the US." -- David Begleiter, a New York-based analyst at Deutsche Bank AG.
"seeing demand deterioration in the US" -- Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates in Galena, Ill.
"Dow Chemical raises prices 2d time in 4 weeks" by Bloomberg News | June 25, 2008
Dow Chemical Co. may continue raising prices after implementing consecutive record increases because of surging raw material and energy costs, chief executive Andrew Liveris said.
Dow, the largest US chemical producer, disclosed price increases yesterday of as much as 25 percent effective in July. A 20 percent increase for June resulted in "double-digit" price gains, Liveris said. He said prices for some products will be as much as 35 percent higher after the two increases.
Dow is also implementing a shipping surcharge and closing plants in North America and Europe because of weak demand and rising energy and raw-material expenses. Declining demand may prompt Dow to close even more factories, particularly in higher-cost regions such as the United States, Liveris said.
Where they moving them to?
David Begleiter, a New York-based analyst at Deutsche Bank AG, reduced his second-quarter and full-year earnings estimates for Dow because of rising costs and "signs of demand destruction in the US."
Dow's 3,200 products are used in thousands of consumer products, including diapers, sneaker soles, carpets, and plastic bottles.
Dow plans to idle 20 percent of capacity for making Styrofoam insulation in Europe and to shut three factories that make emulsion polymers, used in paints, adhesives, and carpets. The emulsion plants represent 25 percent of Dow capacity in North America and 10 percent in Europe.
Three factories in the Dow Automotive unit will be permanently shut because of declining North American sales, the company said. Details on specific plant closures, job cuts, and related charges haven't been determined, said a company spokesman.--MORE--"
Of course, this next story is on page A6, lower left corner.
I rest my case on the MSM and their active concealing of the declining dollar.
"Oil prices climb on weaker dollar, unrest in Nigeria" by Associated Press | June 25, 2008
NEW YORK - Oil futures ended an uneven session with a modest gain yesterday as traders awaited news that could help the market break out of a trading range that has lasted for more than two weeks.
Retail gas prices, meanwhile, slipped to a national average of $4.07 a gallon. At the pump, the average price of a gallon of regular gas slipped 0.3 cent overnight to $4.07 a gallon, according to a survey of stations by AAA, the Oil Price Information Service, and Wright Express.
"We're seeing demand deterioration in the US," said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates in Galena, Ill.
Many analysts believe the dollar's protracted decline has been one of the main reasons oil has nearly doubled in the past year.
MSM sure does a good job of deemphasizing that one!
OPEC president Chakib Khelil insisted yesterday that oil producers saw no need to raise supply, blaming high prices on factors such as US pressure on Iran over its nuclear program and the weak dollar.
Yeah, THANKS ISRAEL!!
Thanks a WHOLE TON, you fucking assholes!!!!!
What kind of "friend" bends you over a damn barrel, readers -- and SPIES ON YOU to boot?
Khelil's comments came days after Saudi Arabia disappointed the crude futures market by saying it would boost production less than many had hoped.
Another support for prices came from new sanctions against Iran approved by European Union nations, imposing additional financial and travel restrictions on a list of Iranian companies and experts including the country's largest bank. The 27-nation bloc stopped short of banning oil and gas exports from Iran, OPEC's second-largest producer, in response to its nuclear program plans.
--MORE--"
Un-fucking-REAL!!!!
Tells you a) that the E.U. is just another Zionist tool and pawn, and b) this is ALL A BUNCH OF BULLSHIT!!!
Yeah, DON'T CUT OFF the OIL and GAS -- but bomb the place to the ground!
FUCK YOU ASSHOLE WAR-MONGERS!!!
