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Forum Post: War for the Petrodollar

Posted 11 years ago on Feb. 28, 2013, 1:06 p.m. EST by TrevorMnemonic (5827)
This content is user submitted and not an official statement

thoughts?

11 Comments

11 Comments


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[-] 2 points by shoozTroll (17632) 11 years ago

Must keep WallStreet well "oiled", no matter what the cost.

The mob gets their vig.

[-] 1 points by Middleaged (5140) 11 years ago

Prosecution and Suppression proves the US Congress is Fascist and will never oppose the Big Business Interests. The excuse of Strategic Positioning of Troops, Proving the Willingness and Ability of US Force, and the need to Bribe world leaders for strategic advantate totally fails in light of higher principals to protect Domocracy and Soverignty of Nations.

This is just as True concerning Securing and Exploiting Natuaral Resources.... Strategic National Interests/National Security is all about Natural Resources, Financial Risk, FInancial Corruption, Military Power, Military Alliances, and Currency & Petro Dollars.

Now we should end the wars, force our soldiers and airmen to station in the USA, close down bases in South Korea, Japan, Spain, Italy, Germany, Etc. What we are in 170 countries or something. And we spend more on weapons ... it is all just a scheme, a financial scheme that MIC Lobby sets up wars and contracts with DOD & Congress. But look we have great funding for our people, so take a look at the numbers.

Defense Vendor Payments 1998 = $95.6 Billion
Defense Vendor Payments 2011 = $394 Billion

DOD Federal Outlays 1998 = $256 Billion
DOD Federal Outlays 2011 = $680 Billion

Department of Education outlays 1998 = $43.7 Billion
Department of Education outlays 2011 = $245.6 Billion (500% increase)

Federal Highway Administration 1998 = $19 Billion
Federal Highway Administration 2011 = $44.8 Billion

Health and Human Services Grants (misc) 1998 = $37.7 Billion
Health and Human Services Grants (misc) 2011 = $101.9 Billion
Food and Nutrition Service (misc) 1998 = $ 13.7 Billion
Food and Nutrition Service (misc) 2011 = $ 95.7 Billion
Supple. Nutrition Assist. Program (SNAP) 1998 = $20 Billion
Supple. Nutrition Assist. Program (SNAP) 2011 = $77.6 Billion
Total Food and Nutrician Services 1998 = $33 Billion
Total Food and Nutrician Services 2011 = $102 Billion

Temporary Assistance for Needy Families 1998 = $13 Billion
Temporary Assistance for Needy Families 2011 = $18.9 Billion
Total Administration for Children and Families (HHS) 1998 = $32.5 Billion
Total Administration for Children and Families (HHS) 2011 = $54 Billion

Unemployment Insurance Benefits 1998 = $23.4 Billion
Unemployment Insurance Benefits 2011 = $117 Billion

Medicare 1998 = $210 Billion
Medicare 2011 = $552 Billion (no price controls)
Medicaid 1998 = $ 100 Billion
Medicaid 2011 = $ 269 Billion
Total Centers Medicare & Medicaid Services 1998 = $380 Billion
Total Centers Medicare & Medicaid Services 2011 = $1.095 Trillion

Federal Salaries (EFT) 1998 = $87.5 Billion
Federal Salaries (EFT) 2011 = $178.4 Billion

[-] 1 points by springcypress (1) 11 years ago

This will shake it up. http://ftmdaily.com/petrodollar

[-] -2 points by gnomunny (6819) from St Louis, MO 11 years ago

Good article. Part four is especially interesting.

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[-] 0 points by GirlFriday (17435) 11 years ago

Sure you want to hear 'em?

[-] -2 points by gnomunny (6819) from St Louis, MO 11 years ago

Hey, I was serious. I read Jim Willie's article, Jerry Robinson's article, Googled "Is hyperinflation coming to America" a couple weeks ago, and asked one of our other forum members what he thought. I'm genuinely interested in your opinion.

[-] 1 points by GirlFriday (17435) 11 years ago

Ok, I need some time to post.

[-] -2 points by TrevorMnemonic (5827) 11 years ago

yah

[-] -3 points by gnomunny (6819) from St Louis, MO 11 years ago

Yes, GF, yes I do.

[-] 0 points by alterorabolish1 (569) 11 years ago

I don't believe there's a war for it. It's even more controlled than the banks.