Europe

Blood For Oil Gone Awry

sn't this the sorriest of outcomes with the loss of American blood and treasure in Iraq—to be scooped by the yen-manipulating Chinese and the increasingly belligerent Islamic Turks? Can someone tell us how much oil are we now getting from Iraq? Word is China has also bought into the Alberta Oil Sands, a major supply to the US, while the libs scream for a boycott of Canadian "dirty" oil.. Fred Kagan writes in No Blood For Oil: One would have thought that leading Democratic senators who claim to be interested in finding other sources of funding to replace American dollars...

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Big Oil's Long Goodbye To The Dollar

In an article by Robert Fisk published in THE INDEPENDENT, the crisis of the American dollar in oil dealings is explained a little deeper than was known the last time we visited this topic. More former allies have agreed to leave the dollar, thus hastening its demise. N THE MOST PROFOUND financial shift in recent Middle East history, Gulf Arabs are planning—along with China, Russia, Japan and France—to end all dollar purchases for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in...


Eurabia Alive But Not So Well

No man survives when freedom fails; the best men rot in filthy jails. And those who cry "Appease, appease!" are hanged by those they tried to please. —Horace Mann The best lack all conviction, while The worst are full of passionate intensity. —W.B.Yeats IGHT-WING Dutch legislator Geert Wilders, who is being prosecuted at home in Eurabia for anti-Islam remarks, said he was barred from entering Britain on Thursday after he landed in defiance of a government ban. Wilders wanted to show his film "Fitna," which argues that the Koran incites violence, in the British parliament. But he was told by...


Free Speech Trial In The Netherlands

HE BATTLE TO DEFEND free speech against Islamic attempts to snuff it out is stirring in the Netherlands. The outcome of this case will affect the whole world. "Anti-Islam lawmaker appeals hate speech charges," from The Associated Press today. An Associated Press newspaper in Amsterdam has reported that a right-wing lawmaker says he has asked the Dutch Supreme Court to halt his prosecution on hate speech charges for anti-Islamic remarks. Bigot alert. Here we have a Dutch newspaper using the code "right-wing" to smear one of its own legislators. AP thus semaphores to its readers that Wilders is evil, not...


Oil Prices, Consumption Continue Slide

An article by Neil King, Jr. of the Wall Street Journal should have conservationist Americans dancing with joy. However, only half the story is actually good news. If these prognostications are true, then the West has some measure of hope of curtailing those runaway oil prices that help cripple our economy this past year. However, the general wisdom that oil prices need to be at a certain level in order to fuel exploration of other energy resources needs to go the way of $140 a barrel oil prices. Because this week's outlook also included news that the frackas between Russia...