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ONE FOR FOX: "UNOCAL"-A BRILLIANT CHINESE MANEUVER!!! *PIC*
This is one for our readers who make FOX-NEWS. Perhaps we can provide you some "additional spice" for Foxy-News. And at the same time this is one for another - more "sophisticated" paper. Hello, dear Financial-Times people! Reality can be different than you are used to portray it...
A FINANCIAL TIMES article about the $19.6bn offer of CNOOC (China National Offshore Oil Corporation) for the US oil and gas group Unocal ist titeled as China’s great US energy gamble. This "biggest overseas bid yet by a Chinese company" is portrayed as "the first to trigger a contested takeover battle and the first to be made in a politically sensitive 'strategic' sector in the west".
The Financial Times article reads:
"...The proposed deal does raise questions but most relate to its commercial logic. China’s belief that it needs to buy resources producers in order to secure supplies makes sense only if its companies can manage them more efficiently than their owners. Otherwise, locking up capital to acquire raw materials that are freely traded on world markets is at best wasteful and at worst very risky. Odder still is CNOOC’s belief that it needs to buy a US oil company to gain access to Asian reserves which it could have bought directly from elsewhere. Integrating management, operations and corporate cultures will be a formidable task, of which the Chinese company has no previous experience, and it may also be obliged to dispose of some of Unocal’s assets..."
This view is naive. Rotarians would have one think that bourgeois interests "make the world go 'round". The multiple weaknesses of the argument can easily be countered, as long as one does not "think" like a Wall Street drone/"analyst." This is typical of the kind of rubbish inculcated in MBA's.
What - if it's "totally different"? Read what our analyst Hadashi is proposing:
WHICH WAY DOES THIS MAKE MORE SENSE?
THIS WAY...
First, Unocal...
The US has a little known entity that can reject the Chinese interest and intent regarding Unocal on national security/interest grounds. Remember that the beneficiary of the current Unocal deal is Chevron (NWO).
What you need to think about first is whether China wants the NWO to have this entity reject the overture.
If you think about it for a moment, China WANTS the US to reject it.
Why?
BY rejecting it the NWO affords China totally validity in doing what it wants to do: reject future NWO enmeshment via purchase of Chinese enterprise! China will broaden the doctrine and of course will not object to the US broadening it as well. What is the national security interest is within the pale of definition by the respective country. What is important to China is for the US to set up is the principle, which it will do openly now in rejecting China's interest in outbidding Chevron.
What if the deal is allowed to go through? China doesn't mind. Then it will resort to the contention that the US had the discretion to reject it or not. That it did not reject it does not limit China from applying it on a more stringent standard for its own interests.
Conclusion: China has everything to gain and nothing to lose in pursuing Unocal. It is again a brilliant Chinese maneuver. What it does is bring up the issue that the US can if it wants reject it. Thus, China cannot be faulted from applying the same standard as it deems best for the interests of its own country.
OR THIS WAY?:
First, Unocal...
The US has a little known entity that can reject the Chinese interest and intent regarding Unocal on national security/interest grounds. Remember that the beneficiary of the current Unocal deal is Chevron (NWO).
What you need to think about first is whether THE NWO wants the US to have this entity reject the overture.
If you think about it for a moment, NWO WANTS the US to reject it.
Why?
BY rejecting it the US affords China totally validity in doing what it wants to do: reject future US BUT NOT NECESSARILY NWO enmeshment via purchase of Chinese enterprise! China will broaden the doctrine and of course will not object to the US broadening it as well. What is the national security interest is within the pale of definition by the respective country. What is important to China is for the US to set up is the principle, which it will do openly now in rejecting China's interest in outbidding Chevron.
What if the deal is allowed to go through? NWO doesn't mind. Then CHINA will resort to the contention that the US had the discretion to reject it or not. That it did not reject it does not limit China from applying it on a more stringent standard for its own interests.
Conclusion: NWO has everything to gain and nothing to lose in pursuing Unocal [VIA CHEVRON OR NCOOC]. It is again a brilliant NWO maneuver. What it does is bring up the issue that the US can if it wants reject it. Thus, China cannot be faulted from applying the same standard as it deems best for the interests of its own country.
Now how do you like these suggestions? The Congress however - as usual - is posturing. Their utter lack of any leadership for three generations in matters involving the general welfare of the American economy represents an indictment against which they have no defense.
The Chinese leadership may soon be thrust upon the horns of the same dilemma. They too have allowed themselves to be "hornswoggled".
We believe it is rather correct to conclude that the CNOOC is a front for GS, JPM, NM Rothschild and Royal Dutch Shell interests.
NM Rothschild may have a corner on the gold market.
The British are still coming!
You don't believe? Have a look, who's been "promoted" for Hong Kong:
Career civil servant and British Knight, Donald Tsang will be the next Hong Kong
chief executive, and one much more sympathetic to the pro- democracy movement, although
careful not to offend Beijing. Pro-free market, Tsang does not favor government
intervention in the economy.
And !!watch!! that he was set in "temporarily" - for TWO YEARS - which may give us a hint for a "window of time" to follow...
And one more on "OIL": THIS IS NOT a "freely traded" raw material...
The price of oil is no more being driven by supply and demand than are housing prices. The difference: Real estate offers a speculative opportunity for mouth-breathing lumpen-investors, as long as interest rates remain low.
The demand for oil is highly inelastic. Any increase in price must be absorbed, even as every industrialised "nation" but China careers from recession into depression.
It's in the ultimate interest for the recent US-admin to keep oil HIGH because of $-parity. But one should not view it as a strategy to maximize OIL PROFITS. The oil market cannot crash, for obvious reasons. But the Forex and bond markets can. Keeping oil high and higher keeps the INTERNATIONAL demand for dollars high and higher, permitting inflationary growth in $ M3, without having to lower interest rates, which also fuels inflation.
This regime pressurizes foreign currencies to devalue in sync with the practical hyperinflationary devaluation of the Dollar, to maintain favorable terms of trade.
It's diabolical.
War on Error, Part 710: "OIL LI-Oh, OIL LI-We, OIL LI-No" Far Sight 3