Archive for the ‘Economy’ Category

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WHO’S YOUR DADDY?

Well Tubularsock has been so busy that leaving the underground bunker hasn’t been an option. Sure the windows are all clean now but when you are in the position to know EVERYTHING well it just fucking keeps you busy. Have you ever spent some real quality time watching the Matrix? And I’m not talking about the movie here. Tubularsock MEANS the MATRIX!

Now thank the Gods that that Ukraine issue has been settled. The U.S. has helped kill as many Ukrainians as necessary to bring democracy to the Ukraine …. that is exceptionalism, really.

The damn Russians keep voting at the ballot box to break away from Ukraine and return to the Russian State but the international community (you know, the U.S. and Europe) say voting is against international law and won’t honor the votes taken.

But the U.S. and Europe all agree that overthrowing a democratically elected Ukraine and then hand picking the new leader, Arseniy Yatsenyuk works well with international law. Funny how that works.

small tube joe Arseniy

So often what would appear to be the opposite as it should be is the way it is projected to be …………. now who would question that?

But enough summary. What Tubularsock wishes to focus on is that Joe Biden’s son, Hunter has joined the board of directors of Ukrainian gas firm Burisma Holdings Ltd.

Now, Tubularsock knows what you are thinking. This is all being set up because Who’s-Your-Daddy-Hunter is the son of the Vice President of the United States of America.

Tube Joe Hunter $$

Well, there’s more. Hunter’s appointment came a few weeks after Devon Archer. Both Hunter and Devon are part of the investment firm Rosemont Seneca Partners which are affiliated with Rosemont Capital, a private-equity firm. *****Think Carlyle Group. You remember the private-equity firm that the Bush family and the Saudi Royal family made so much money with during the Iraq war.******

A  little side note: Rosemont Capital private-equity firm was co-founded by Devon Archer and Christopher Heinz, Secretary of State John Kerry’s stepson and heir to H.J. Heinz Co. ketchup family.

Wars seem to be good for private-equity firms. Especially if you are on an inside track. Now isn’t that interesting?

 

Now Devon Archer was a mover-and-shaker-fund-raiser for John Kerry and served as co-chair of the national finance committee for Kerry’s 2004 presidential campaign. He also just happened to be Christopher Heinz, Kerry’s stepson college roommate.

What a small world.  

Now I know what you are thinking. This is all being set up because Who’s-His-Step-Daddy’s-Friend-Devon is the “friend” of the stepson of the Secretary of State of the United States of America.

Well, there’s more. 

Now the timing of Hunter’s appointment seems to fit in close to Joe Biden’s visit to the Ukraine and it just happens that Joe is going to drop by Cyprus for a visit as well. Funny that Cyprus, according to Businessweek is where Burisma Holdings Ltd. is officially located.

But don’t fret!  The real truth is “As a new member of the board, I believe that my assistance in consulting the company on matters of transparency, corporate governance and responsibility, international expansion and other priorities will contribute to the economy and benefit the people of Ukraine,” Hunter Biden said regarding his new appointment.

Well there you have it. It’s all explained now ……… let’s go back to sleep.

Tubularsock is all for transparency so it might be interesting to look just a little deeper at Hunter. You know, for the fun of it.

Hunter Biden’s business activities had attracted attention while he worked as a lobbyist  when his father was a U.S. Senator and those “business activities” came under scrutiny at that time.

When Barack Obama was a Senator he sought more than $3.4 million in earmarks for clients of Hunter Biden, and succeeded in getting $192,000 for St. Xavier University near Chicago, according to public disclosure records.

Hunter Biden gave up his partnership in his Washington lobbying firm after his father became Barack Obama’s running mate in 2008. 

The Wall Street Journal in the early part of 2009 reported that Hunter Biden and his uncle had run a fund of funds that was being marketed exclusively by Texas financier R. Allen Stanford’s companies. 

Funny thing there was that Mr. Stanford later was sentenced to 110 years in prison for masterminding a $7 billion Ponzi scheme.

The Wall Street Journal  also reported at the time that Biden’s lawyer said the fund terminated the relationship and offered to return $2.7 million in investment that companies controlled by Mr. Stanford had given the fund. He said the Bidens had never met Mr. Stanford.

But hey, business is business so all that is just cash under the bridge.

Now really, Tubularsock hates to tell you but once you open up the gas valve well …….

there’s more!

Just why are these guys interested in Burisma Holdings Ltd. anyway, except for of course, to “. . . contribute to the economy and benefit the people of Ukraine”?

Well that is pretty obvious. 

Burisma is a private oil and gas company founded in 2002, under joint activity agreements with Ukrainian state-owned producers, and quickly grew to become the largest private gas producer in Ukraine. The company’s average daily output stood at 10.5 thousand barrels of oil equivalent per day in September 2013, and could double that figure within two years. All of the company’s gas is sold to industrial customers in Ukraine.” (International Business Times)

Burisma is a sitting duck when it comes to future profit in natural gas. The Ukraine’s largest energy source is natural gas accounting for 38 percent of total primary energy production during 2011.

At the moment the Russian gas company Gazprom currently satisfy most of Ukraine’s energy needs. Russia has recently stated that the Ukraine will have to pay for their natural gas needs in advance in cash if they want further deliveries.

Remember Gazprom also provides something in the range of 40% of Europe’s natural gas needs.

Therefore for Ukraine to reduce it’s dependency of natural gas from Russia in the future Burisma is well-positioned to boost its share of the domestic market. 

And when Gazprom backs off the cost of natural gas will increase and who stands to gain in profit from that? Let’s be clear ……. not the Ukrainian people!

HEY, SOME DIE, SOME PROFIT. BUSINESS AS USUAL. THANK YOU AMERICA.

HEY, SOME DIE, SOME PROFIT. BUSINESS AS USUAL. THANK YOU AMERICA.

And to get even more convoluted Senator Mary Landrieu (D-La) the head of the Senate Energy and Natural Resources Committee has said that instability in Ukraine makes the case for building the Keystone XL oil pipeline in the United States. Sure it does ……..

“Americans look at what’s happening in Russia and Ukraine — I think it sends shivers up their spine and it should,” said Landrieu, who accused European countries of being “timid” in confronting President Vladimir Putin over Russia’s aggressive actions in Ukraine, a former Soviet bloc state. (AP)

Well the only “shivers up their spine”  Americans should have is the level of bull shit Mary is shoveling for the oil companies! But Landrieu also argued that the need for energy independence in the United States is greater than ever but neglected to explain that the KeystoneXL oil pipeline is for oil export NOT for domestic use. So the only people that will profit from it are NOT THE AMERICAN PEOPLE. 

So what we have in the Ukraine is the new oligarchs’ playground and the people that will bear the hurt and the loss are the Ukrainian people while the profit will all be concentrated in the hands of the few.

Isn’t it comforting to know that YOU don’t count?

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PROPAGANDA BY ANY OTHER NAME IS TRUTH

There is so much bullshit around this Ukraine mis-adventure that it is starting to make “regular crap” look good!

Now I was talking to a highly educated friend of mine just the other day and he was asking why is it that Tubularsock “likes” Putin and didn’t Tubularsock realize that Russia was posing a threat to the Ukraine by concentrating troops along its boarders?

Well Tubularsock wasn’t surprised by this limited view because he keeps up with current news by reading Newsweek and Time Magazines. And he believes he’s “informed”!

Well sure, the guy has a stressful job and limited time to “keep up” with the world. What with all the different countries doing different things EVERY day and all.

Why not get it ALL your news under one fast-third-grade-level-read-umbrella?

Now, far be it for Tubularsock to go off on Newsweek and Time Magazines except to say that Tubularsock wouldn’t use either even as toilet paper. In part because I think one or both are only on line now and not in physical form any longer which causes a logistical problem as toilet paper. And the other reason is then what would I do with the New York Times?

Oh my, Tubularsock does digress!

Now there seems to be a bit of a disagreement between John Kerry’s view of the Ukraine and what is happening and RT’s (Russia Today News) view of the Ukraine and what is happening. No surprise there!

John (you remember him, right …. Secretary of State) called RT a “propaganda bullhorn” and it was pushing Putin’s “fantasy”. My, my.

Well according to DIPNOTE the U.S. Department of State “Official Blog” posted by Richard Stengel : that Kerry’s remarks resulted in “. . . a predictable howl of protest from RT’s editor, who claimed the State Department knows little about what is really happening in Ukraine today and had the audacity to request an apology.”

Now Richard Stengel continued with, “I spent seven years as the managing editor of TIME magazine [now that’s clear] before joining the State Department. I understand the difference between news, propaganda and opinion. Propaganda is the deliberate dissemination of information that you know to be false or misleading in order to influence an audience.”

Well Richard seems, to Tubularsock, to be the one who is propagating “falsehoods” when it comes to the Ukraine and if Kerry doesn’t really know what RT is pointing out then he is truly an idiot!

Let Tubularsock just lead you through a few of the things RT has brought to the attention of the world and how Richard Stengel and John Kerry seem to be the ones who are “misleading” and attempting to twist the information.

Last week it was claimed by RT that the United States had “invested” $5 Billion in regime change in the Ukraine. Richard Stengel says that that is a “ludicrous assertion”.

Yet it was Assistant Secretary of State for European Affairs Victoria Nuland who told a business group on December 13, 2013 that “. . . we have invested more than $5 billion in what was needed for Ukraine to achieve its European aspirations.”

In addition remember the intercepted, phone call where Victoria Nuland said her choice was to replace Yanukovych was Arseniy Yatsenyuk. The call was to U.S. Ambassador to Ukraine Geoffrey Pyatt. 

Arseniy Yatsenyuk ended up as Prime Minister after the coup. Which shows collusion by the United States with the U.S. and European banking interests. 

But not a word about that from Kerry or Stengel. They act like it was a natural “democratic” process. Like the CIA involvement in the process was akin to boys scouts helping a little old lady across the street. 

Nor does Kerry or Stengel take on the issue of the dominance of Neo-Nazis in the new created Ukrainian Government as exposed by RT.

Now in Eastern Ukraine there was the incident cited by Kerry at the Geneva Conference that had been called to reduce tensions in Ukraine. Kerry said that, “Just in the last couple of days, notices were sent to Jews in one city indicating that they had to identify themselves as Jews. And obviously, the accompanying threat implied is – or threatened – or suffer the consequences, one way or the other.”

But a few day before Kerry’s speech that bit of information had been found to be the work of pro-coup operators NOT the pro-Russian Ukraine supporters.

Yet Kerry sited the information any way as if it were true. And he has the nerve to call RT a “propaganda bullhorn”?

It appears that what RT exposes The State Department just doesn’t discuss and thereby claims that it is RT that is doing the PROPAGANDA!

There is also the total lack of any discussion in the maimed-stream-media in the U.S. of the breaking of the deal made with Russia that NATO would not push for an eastward expansion which is why Ukraine has been overthrown by the U.S. and NATO backed cronies. It is NATO and the U.S. that has broken the agreed understanding with Russia not some aggressive move by the Russians!

The Russian move is a response. They, in this case, are not the aggressor!

Well the beat goes on. And the “free press” in the U.S. are so busy licking the asses of the government just like they did over Iraq that they have become again the government’s mouth piece.

Few in the maimed-stream-media do any investigation of ANYTHING with the exception of the detailed pictures of Kim Kardashian’s last bikini photo shoot!

Where RT, Al-Jazeera and CCTV (the new English-language programming set up by China) all give a more honest view of the Ukrainian mess than any press in the U.S.

Now this isn’t to say that one doesn’t have to be awake to bias from these news organization. But, if you try to broaden your news reading you will be able to find a broader world view than just “American Exceptionalism”. 

It was just a couple of years ago that Hillary Clinton was saying that the U.S. was “. . . “losing the information war”. And just couldn’t figure out why.

Well, let Tubularsock let you in on a little secret that he has discovered and that is that more and more of the American people are just sick and tired of “. . . the U.S. corporate media’s regurgitation of the manifold and manifestly deceitful justifications for U.S. actions abroad” as Ray McGovern (former CIA intelligence – Soviet Foreign Policy Branch) so clearly stated.

As for Tubularsock siding with Putin. Not so but I do like his coat!

Tube&Vlad

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Funny how things work out sometimes. Tubularsock was just sitting minding his own business as he tends to do on Mondays. And Tubularsock got to thinking about his old friend Vlad and what he was up to, so Tubularsock called him on his Bunker-Secure-Phone.

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Now the BSP is a low tech NSA proof phone that connects to Vlad’s house, or palace or whatever. He’s got 20 Palaces he can spend time in as well as 58 aircraft at his disposal. Oh yeah, and then there is that £47,000 toilet but who counts. After all the guy is worth $70 Billion according to those who say they know. 

Anyway Vlad and Tube were commiserating over all the shit Obummer is laying down against Vlad’s friends with all those economic sanctions. Obummer announced the new asset freezes and visa bans against rich or politically connected members of Putin’s inner circle. Seventeen Russian companies and seven of Vlad’s associates.

Wow, what a sore looser Obummer happens to be. After all his net worth is a pauper sum of $12.2 Million. Hardly enough for a cup of coffee in today’s market place.

But, wait a minute, Obummer stated that, “The goal here is not to go after Mr. Putin, personally. The goal is to change his calculus with how the current actions he’s engaging in in Ukraine could have an adverse impact on the Russian economy.”

Oh gosh. Could these sanctions against Russia possibly have an impact on OUR economy?

Or Europe?

Well, damn straight!

That is why these sanctions don’t apply to Gazprom. Gazprom is a major Russian energy consortium and provides natural gas to Ukraine and much of Europe. The question becomes will Europeans be willing to pay twice the price for natural gas this winter in order to allow the United States to attempt to pressure Russia and be the big boy on the block?

That is why the U.S. has left Gazprom alone for now but if and when Obummer attempts to up the ante with sanctions against Gazprom that is when China and others will be happy to take as much of that natural gas that Russia can supply.

And if and when this showdown occurs Russia is already planning how to survive economic sanctions: how to sell its goods in rubles. People will buy because Russia is too big of a producer to ignore.

And China and Russia could easily form a real non-dollar bloc dealing in Yuan or rubles and this will affect the worlds economies. No longer will the dollar hold as significant of a position.

Now Tubularsock has trouble balancing his own Bunker-Check-Book so there is no pretense that Tubularsock is the last word on explaining the world’s economic issues but when Tube figured Vlad may need a short-term loan we penned an agreement.

Tube&Vlad Agree

To be sure, Tubularsock’s bunker will be warm this winter ……. it pays to think ahead!

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Tubularsock was busy today, in my top floor corner office in my underground bunker overlooking Washington, D.C. from Oakland, CA, kicking extra gold doubloons on the floor to the stack under my desk.

After-all it is Wednesday. 

And what do you know. It just happened that last week acting Ukrainian Prime Minister Arseny Yatsenyuk ordered 33 tonnes of Ukrainian gold to be transferred to the United States so it could be safe.

Boy, Tubularsock feels better already!

You remember Arseny, right? He’s the Prime Minister that the United States picked to run the NEW government of Ukraine.

Counter that with Crimea taking A VOTE of the people  to see what direction they wanted to go in forming a new government. Those sneaky Russians!

Now this transfer has been reported in the Ukrainian press but it seems that the National Bank of Ukraine, the Ukrainian Embassy in DC and the Ukrainian mission to the UN in NYC all seem not to know. 

ARSENY AND TUBE JUST MOVING SOME GOLD, WHY DO YOU ASK?

ARSENY AND TUBE:
“JUST MOVING SOME GOLD,
WHY DO YOU ASK?”

When the U.S. State Department was ask they referred all gold transfer questions to the Federal Reserve of New York and they are so secretive about their gold storage and trading activities that they won’t say. And what does that say about power when the United States State Department has to defer to the Central Bankers. Hmmm.

But those who seem to know the Fed’s banking practices feel that the Ukrainian gold has been delivered safely to vaults in China under U.S./UK bullion bank contractual delivery obligations, where it will be locked away for centuries.

The Ukraine sovereign wealth transfer will be counted as partial “collateral” for a fresh round of International Monetary Fund, United States Federal Reserve and European Central Bank paper debt that is currently being organized for dumping into the Ukraine.

Once their gold is gone and replaced with interest debt Ukraine will be placed on that austerity program that Central Banks love so much which means debt slavery is their future FOR- EVER!

Next, corporate takeover of the “natural resources” and all Ukrainians will start to enjoy their new lives under the Neo-Nazis government picked by the United States FOR THE PEOPLE. Hey, didn’t you know …….. that’s how American Democracy works.

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Well, here Tubularsock goes again. There seems to be some confusion with this entire Ukrainian thing. So lets put it this way.

Lets say Russia got some money together and started to influence Mexico.

And using that Russian money a group of disgruntled Mexicans and some hired “friends of Mexico” helped to overthrow the democratically elected government of Mexico.

And then lets say the Russian Government picked the new leader of the NEW government and using its influence helped to choose the cabinet of the new government.

And then this “NEW” leader of Mexico was invited to Moscow to pal around with Putin.

And then Russian banks loaned money to stabilize the Mexican economy putting Mexico heavily in interest debt to Russian banks.

And then Russian corporations moved into Mexico to “privatize” Mexico’s natural resources and move the profits out of Mexico.

And then Russia thought it may be a good idea to build a missile defense system along the U.S. – Mexican boarder so as to protect Mexico from . . . . oh, Tubularsock doesn’t know, say Canada.

What would be the response from the United States?xplow copy

So as you read the American press about this issue reflect upon Tubularsock’s little story above and it might open your eyes to the SLANT coming at you. It is good to keep in mind that the maimed stream media is there to keep you propagandized NOT INFORMED.

And of course there is fucking Dick Cheney ……… When in the fuck is the press going to stop asking Dick Cheney about ANYTHING?Cheney evil

But, oh no, there he was on FACE THE NATION! The only time Tubularsock wants to see Dick Cheney face the nation is at his FIRING SQUAD for war crimes!

And the first thing out of his mouth was, “I worry when we begin to address the crisis, the first thing we do is take options off the table.”

And the key option according to Dick is “. . . saying ‘no military”.

Please, oh please …….. one favor for Tubularsock …… whoever donated that new heart to Dick ……. take it back, NOW!

And then like the shit always rises to the top of the tank, Condoleezza Rice gives her precious opinion in the Washington Post.

The woman who gave the ok for the CIA to torture people is someone you are going to believe let alone have any respect?

Condi jest

But there she was and if you dig real bull-shit read it but the part that Tubularsock loved the best is Condi’s statement, “Authorizing the Keystone XL pipeline and championing natural gas exports would signal that we intend to . . .” challenge Russia’s oil prices and lower their sales to affect the Kremlin’s budget.

Wow, so the XL propaganda of lowering gas prices in the U.S. is really what it is …….. propaganda! The XL pipeline IS FOR EXPORT OIL ONLY and if and when Russia would be affected is one of those “pipe-dreams”!

She babbles on and on but like Dick, Condi wants to deploy missile defense, announce air defense exercises with the Baltic states and move a U.S. destroyer to the Black Sea to BOLSTER OUR POSITION.

Maybe Condi didn’t get the memo that we started the whole thing.

Somehow if the United States pokes you in the eye with a stick it is somehow different than if Russia pokes you in the eye with a stick. The part that is always not noticed in the minds of Dick and Condi and their ilk is the result of the guy that gets the stick in his eye. That is NOT their concern because the U.S. ONLY sticks you in the eye for GOOD, JUST, and NOBEL reasons ……. unlike those Russians.

                                                                                                                                ANY QUESTIONS?

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I AM SO SORRY ADOLF …….

You know for all the things that Adolf Hitler did why drag his name through the proverbial mud continually. The actions of Obummer, Bush, bin Laden, Gaddafi, Pol Pot, Saddam Insane, Putin, and god knows who else have been bounced off that poor son-of-a-bitch.

Not that the entire above stated batch of fuck-ups and assholes don’t need to be shown for the evil fucks they were or are depending on their present existence but come on!

Now we have Hillary Clinton comparing Putin entering Ukraine to protect Russians in the Ukraine with Hitler entering Eastern Europe to protect German citizens there. Like the U.S. has never used THAT tactic before!

But for all this bull-shit about Hitler she has neglected to notice (or more truthfully mention) that the new “declared government” of the Ukraine which the U.S. has helped to create and back is a Neo-Nazi far right pack of hooligans. They will work so well with “Hitler-Obummer”, don’t you think?   

You see even though the N.Y. Times has called this overthrow  “another flowering of democracy” what we have here is a staged covert operation which has put in place a new government which is filled with NEO-NAZIS. Now that is something that Adolf could get behind and it looks like so can Hillary. Our new Neo-Nazi-Bitch!

The Neo-Nazi party in the Ukraine is called the Svoboda. And you are going to hear a lot about these fucks in the next few weeks but not in the maimed stream press. It is interesting to note here that the term “Neo-Nazi” has been left out of the American press stories. It’s like, “if it walks like a duck, if it quacks like a duck then …..” but without using the term duck.

Within the Ukrainian Cabinet, Andriy Parubiy, the co-founder of the Neo-Nazi Svoboda Party was appointed to oversea a key position which oversees the Ministry of Defense, the Armed Forces, Law Enforcement, National Security and Intelligence. Oh joy …. Tubularsock sees no trouble there!

So how is it that Putin is the “Hitler” in this situation?

Hillary Clinton supported the Iraq War and John Kerry supported the Iraq war and Obama supported the Iraq war from the slippery eel point of view.

And now Putin is Hitler? Hypocrisy as thick as Democrats on the corporate re-election gravy train.

No. When the smoke screen is lifted Putin may even come out looking like the “good guy” in this fiasco and he’s not really a Mr. Nice Guy here.

There is plenty of kleptocracy to go around for everyone.

As the West takes control of the Ukraine the Western-banksters are LOANING (this is not aid!) eleven billion dollars and the first payback will be on the backs of the poor because the economic austerity plan cuts Ukrainian pensions from $160 to $80 so that Western-banksters who lent money to Ukraine can be repaid.

Isn’t fucking flowering democracy grand!

“The austerity plan will cut social services, funds for education, layoff government workers, devalue the currency, thus raising the prices of imports which include Russian gas, thus electricity, and open Ukrainian assets to takeover by Western corporations.” (Paul Craig Roberts)

You see it is important to get the Ukrainian society to march in that locked-stepped-goose-step that the Nazis are known for and be happy cheerful people.

Hail Tube

Heil Hitler! Thank God America is coming Home! Isn’t that what Corporate-America is really about?

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Oh sure, Tubularsock was just sitting in his top floor corner office in his underground bunker over looking Washington, D.C. from Oakland, CA in a sea of tranquility from the aroma of his flowering hydroponic marijuana plantation. Few realize how much space happens to be underground and especially while overlooking Washington, D.C.

But enough about reality.

Have you ever noticed that AFRICA never gets into the news in the United States. Ok, maybe “never” is an overstatement but so little that it has earned its title as the “DARK CONTINENT” all over again.

Now for those of you who missed the history of the “Dark Continent” when you were not engaged in your early historical studies, here’s a hint.

The name “Dark Continent” was not given to Africa because of the color of the people living there, but because of the mystery that surrounded the place back when the Europeans visited there. And this holds true today.

Don’t think so? Ok, name ten African nations that exist right now ………..

Now we do get the news when the genocides happen or terrorist activities because that is a significant part of the accepted narrative. And the U.S. and Europe want to take those who are doing the genocides and terrorist activities and put them on trial as long as the U.S. and Europeans aren’t tried for the genocides and terrorists activities they create.

It has always been that way. And the U.S. and Europe doesn’t want to place any responsibility for these slaughters on those who sell the guns, rockets, and tanks to the crazy bastards that use them on their people. Primely the U.S., England, France, Israel, Russia and China do the gun running.

But it is most interesting but not at all that surprising to discover that there is and has been for some time a huge amount of corporate positioning in the entire continent.

You see, Africa has a shit load of natural resources that “we” want to “assist” them in removing them from their possession. What a surprise.

And on top of that …….. gosh, speaking of slave labor, and no worker safety or environmental regulations, well the place is awash with corporate capitalism at its best!

So here are some fun facts ……….

Tubularsock can’t report on Africa without sitting down with a bowl of Chinese noodles and some rice wine and list how much China is involved in the extraction movement in the  “Dark Continent”.

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The Chinese seem to have a stack of cash they have picked up from the war torn American Government and are investing heavily in East Africa’s recently uncovered stores of mineral resources.

Of course they have to compete with the Brazilian, Japanese, Indian, Irish, and Anglo-Australian investors. Gosh, everyone seems to love Mozambique, Tanzania, Uganda, Kenya and Ethiopia.

According to the Wall Street Journal – ChinaRealTime once extraction projects are in full swing in 2020 the mineral wealth could be between $17-$24 billion a year.

But like all mineral wealth the damn stuff is under the fucking ground so the Chinese are prepared with the cash to partner up with the likes of Tullow Oil Plc. which is leading exploration activities in Uganda.

In Kenya the government awarded China’s Fenxi Mining Group development rights for coal reserves which will help Kenyan cement and steel industries to create the very same unbreathable air that the Chinese have developed so well in Beijing!

And then there are roads to be built and holes to be dug and train tracks to be laid and ports to be constructed all without those silly environmental considerations that slow progress down. Because we all know that humans are not responsible for climate change because there is nothing that we do that affect the world we live in except improve the GNP!  

As you are well aware as jobs are created and the asphalt is spread the workers will need to be provided with 60” HDTV’s and iPhones and who can do that better than Walmart!

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From the venture capitalist point of view,  Africa is seen as the major investment frontier because of its young population, untapped resources and economic instability.

Now WALMART’s push for a foothold in Africa came a few years ago when it bought controlling interest in Massmart in South Africa and is currently pushing into Kenya. That attempt hit a hurdle after Kenyan retailer Naivas said it was no longer selling a controlling stake to the US company’s South African subsidiary, Massmart.

Naivas chairman Simon Mukuha had said in August they were looking to sell a majority stake, 50% plus one share, to Massmart, to bring in fresh blood and ideas.

“We are fattening our cow. As and when we are ready we will do that (sell) but as it is now we are not,” Gilbert Mwangi, the administration manager at Naivas, said. “They (talks with Massmart) are off. We are not selling now.”

Massmart CEO Grant Pattison, . . . said the company was still keen on entering Kenya.

“We are not rethinking our investment decision in Kenya. We are still looking for a partner . . .”. Massmart runs 29 stores in 11 African countries outside South Africa that contribute about 8% of its total sales.

A Massmart and Naivas deal could have fallen victim to the tightness of the market in the region. “Smaller supermarket chains are in such high demand that they would ask for a horrendous price.”

Now with all this Wall Street Journal gibberish you may have noticed there was NOT ONE reference to people. That is significant, in fact very significant. NOT ONE PERSON is considered! It’s all “. . . failed to keep up . . .”, “. . . still opening . . .”, “. . . 8% of its total sales . . .”, and “. . . major investment frontier . . .” !

In there lies the crux of the entire Capitalistic System and it’s eventual downfall from implosion!

One can only disregard PEOPLE so long and then the extreme shift takes place. Don’t think so ……. Tubularsock knows it’s true … proof is in the pudding. Just wait.

But even as Walmart worms it’s way into Africa that doesn’t change the fact that Robert Mugabe turned 90 and Zimbabwe spent about $1m on the celebration. And what better way to spend all that money than with releasing 90 balloons. Wow. Costly balloons.

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Mugabe has been in power since 1980 and still can whip out an hour long speech with vigor. Holding his fist in the air he proclaimed that Zimbabweans didn’t hate the British, who were their colonial masters, but loved their own country more. Sounds like bull shit to Tubularsock.

In contrast, Libyan leader Muammar al-Gaddafi nationalized the oil industries and attempted to create a United States of Africa. With his image of a revolutionary, Col Gaddafi inspired South Africans to fight for their liberation, funding and arming the anti-apartheid movement as it fought white minority rule.

Funny how Libya just happened to have a civil war and Gaddafi found himself dead ………… maybe balloons are the way to go!

Which brings Tubularsock to the role of the United States in Africa.

And what is that role? 

Destabilization!

Now in order to counter the Chinese and other nations from moving in on Africa’s natural resources The United States rushes in to “PROMOTE DEMOCRACY”.

The United States has long maintained influence and indirect control in Africa through financial institutions such as the World Bank, International Monetary Fund, and African Development Bank. These financial institutions are the tools the U.S. keeps Africa in debt.

Over the last decade, America has quietly expanded its military presence throughout Africa. And the main tool of this conquest ……… AFRICOM!

Now this goes back to Baby-Bush’s Reign of Error period. As Deputy Assistant Secretary of Defense Theresa Whelan stated in 2007,

“AFRICOM is about helping Africans build greater capacity to assure their own security.”

But in truth Vice-Admiral Robert Moeller, in 2008 stated that AFRICOM’s goal was “protecting the free flow of natural resources from Africa to the global market.”

And in 2010, Moeller wrote  “Let there be no mistake. AFRICOM’s job is to protect American lives and promote American interests.”

A good example of American interests is the US-sponsored break up of Sudan and the creation of South Sudan.

With the oilfields being located primarily in the south of the country, the US led the charge to dismantle Sudan and create a South Sudan that would be dependent on US finance and military muscle for its very survival.

The United States has attempted to destabilize Zimbabwe throughout the last decade, going so far as to impose crippling sanctions and attempt regime change in order to block China’s influence.

And all this is well represented in the perfect news allegory out of Ghana.

Now, Tubularsock does admit that his own habit of following news out of Ghana is sketchy at best but how could he not report to you this top news story from GNA (Ghana News Agency).

It was reported that Two lovers got stuck during sex in Sunyani.

Now granted, it wasn’t a big news day in Ghana.

“A man and a woman who were having sex in a guest house in Sunyani were reported to have got stuck on Wednesday when the man could not remove his penis from the woman’s vagina and that it took the timely intervention of the police to whisk the inseparable lovers from the scene.”

An attendant at the guest house said that the two lovers booked the room for 30 minutes but when their time elapsed, they failed to come out.

He said he knocked at the door but heard some unusual sound from the room and informed some traders in the market.

“When we forced the door open we saw the unexpected as the two lovers were lying  on the floor in torment,” the attendant said.

When the Ghana News Agency got to the scene at 2:30pm, activities at the market had halted and people had gathered at the guest house.

The police moved in, put the two inseparable lovers in a vehicle and drove them away.

Some of the market women said the woman was a trader from Berekum who sells soap every market day. But the man seemed to have been not from this area due to his hair style.

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Some of them suspected that a curse might have been placed either on the man or the woman and said rituals had to be performed before they could be separated. Seems reasonable to Tubularsock when asked on his return flight from Ghana. 

But there is a clear message in this story. Tubularsock sees that whenever the United States gets involved in “protecting it’s interests” it just doesn’t know “when to pull out”!

Yes, Vietnam, Afghanistan, and Iraq are all good examples of GETTING IT STUCK!

 

And it will be the same outcome in Africa, I’m afraid. 

But the U.S. destabilization work isn’t the only gang-bang taking place in Africa to thwart  the Chinese.

France and Japan have agreed to cooperate on military and economic issues as was stated by Japanese Foreign Minister Fumio Kishida when he said in Paris recently, “The agreement will open up a new dimension for our cooperation on security and defense.”

Which means that these current France-Japan talks focused largely on a stepped-up imperialist intervention in Africa. Japan pledged to support ongoing French wars in two former French colonies, Mali and the Central African Republic.

Well it’s good to have friends.

And the beautiful thing about the military build up in Japan is how it is explained ………

Japanese Prime Minister Shinzo Abe calls it “proactive pacifism”. Now what could possibly go wrong with THAT?

But let’s not forget Great Britain and her African adventures. And they are many but the one Tubularsock is most fascinated with is the ARMS-SALES INSURANCE SCAM.

This is priceless.

The English Government in the last fifteen months have shipped 44,000 guns to East Africa. And like any good government agency the House of Commons Arms Export Controls Committee admitted that the government’s Business Department which “approves” these massive weapons exports stated that in order for this river of arms to keep flowing it, “. . . did not thoroughly assess where the weapons were going”.

Some of these guns happened to end up into the hands of the “rebel” fighters in Libya and Syria but that isn’t the fun part ………… many of these weapons have ended up into the hands of Somalian pirates.

Now hold it ……… that’s still isn’t the fun part.

Here’s the fun part …… “Who benefits from Somalian piracy in the Gulf of Aden? According to a study conducted by the German Institute for Economic Research (DIW), insurance companies have seen a windfall in profits from the Somali pirate attacks, with insurance premiums sharply increasing.

And the English Government is providing arms to the Somalian Pirates?

Another oddity here reported in Forbes Magazine in 2010 is that if one was willing to buy from Willis Group Holdings plc. their highest insurance package per voyage ($35K) somehow, you would completely avoided being targeted by Somali pirates.

Funny how shit works, isn’t it.

But the Somalian Pirates are just the diversion. So when you are looking for which nut shell the Pirates are under in the shell game the British Government has funnel £2.2m into the UN’s Office on Drugs and Crime’s, “counter-piracy program”, in Somalia to help fund the reinforcement police and maritime forces which will defend British interests in the region.

Now Tubularsock just can’t help from noticing that the terms “counter-piracy program”, “counter-insurgency program” and “the war on terror” all seem to sound alike. Hmmm ……… Could there be something going on here?

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It may be as simple as all these governments use the same Public Relations firm in London …… what do you think?

So how does Tubularsock see the future of Africa?

EASY!

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Tube heading slingshot 2014SAFETY FIRST — A PARODY.

Lets say you went off to buy a car and you found one that looked real nice and was perfect for your needs. So you asked the dealer about its mechanical reliability and he says it runs well and it’s safety features are good.

But then you noticed that the tires had been painted to look new and they were rather worn and the dealer tells you that the Safety Committee had given them the “OK”.

Relieved you go with the dealer on a test drive and you notice that the brakes are spongy and that the brakes didn’t always engage when you stepped on the brake pedal. And the dealer says that the Safety Committee had inspected the brakes and had determined that they still had life in them and put out a memo stating that the brakes should be inspected again during next years safety update. But for now the Safety Committee had given the brakes an “OK”.

Comforted by the “OK” sticker you decide to buy the car but as you are driving off the lot you notice that the windshield wipers were not working so you call this to the attention of the dealer. He informs you that the dealership will take full responsibility for their replacement during the next routine safety check. The dealer tells you that the Safety Committee will be informed that this replacement has been schedule and because it is not raining now it should be fine.

Not convinced you say, “are you sure?” The dealer says that to replace them now would cost far too much because it would require a crew to be pulled off the regular repair rotation schedule and set back regular repair maintenance. This may jeopardize safety.

And it’s not raining so it should be fine. And in order to relieve your fears he adds, “DON’T BE CONCERNED, WE DO IT ALL THE TIME”.

As you are driving away the sales manager places a big red “X” on the sales performance chart and “high-fives” all around. The sales manager reminds the head of the Safety Committee of their golf date tomorrow followed with a night out on the dealership expense account to THE SUCKY-SUCKY, a Japanese sushi and lap dance lounge. Everyone is happy.

And you are happy too. You rush home and gather the three kids and wife and Fido and head off on your vacation. Driving down the California coast on Highway 1 the family marvels at the majestic views and the exciting curves with the sheer drop of the cliffs to the Pacific Ocean below.

All of a sudden you hit a thick fog patch and in your attempt to slow your left front tire blows and you swerve. Your visibility being limited, due to the failure of your wipers, the moisture masses on your windshield as you attempt once again to brake ……. only to discover your pumping action is to no avail and your car plunges off the highway and down the sheer drop with you and your three children and wife and Fido to a fiery death below.

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Sadness abound and all morned the death of you and your three children and wife and Fido.

Questions arose about the safety of Highway 1 and the safety of your car.

CALTRANS  puts out a press release stating, that while driving Highway 1 you must be careful. All protection barriers were in place and had been maintained to the specifications of the State Safety Commission.

The automobile dealership put out a press release stating, that like ALL autos sold by the dealership your auto too had been fully inspected and had passed their extensive safety check procedure.

However one young journalist who hadn’t been in journalism long enough to understand that the dealership was a major advertiser in her newspaper over-reported. She discovered by investigating beyond the standard coping and “reporting” verbatim from the press releases that other issues about the “track record” of the dealership safety procedures had been called into question several times before.

The dealership called the editor of the newspaper and discussed a possible reassignment for the young journalist to obituaries and the newspaper agreed. The dealership placed an additional order for a larger Labor Day ad. The newspapers sales manager placed a big red “X” on the sales performance chart with “high-fives” all around. And everyone was happy.

However, to ease public pressure the dealership stated that it would cooperate with the Safety Committee’s investigation of safety procedures because the dealership’s highest commitment was to SAFETY.

The Safety Committee set it’s staff to the task of doing a complete investigation of the safety procedures of the dealership and to submit a report back to the Committee when it had been completed. And everyone was happy.

Two years later the staff presented its report to the Safety Committee along with its recommendation for improvement  and a meeting was called to inform the public of the safety findings.

The staff recommend that rather than shoring up the existing safety procedure that allows the car to go over the cliff and then responding to the accident that maybe changing to a new  procedure based on the European model of safety that focuses on continually reducing accident risk by replacing parts with the best parts and keeping the upgrade current rather than reacting to safety problems after the accident has occurred.

The dealership immediately rejected the recommendations as too confusing and too costly. Following the European model where the dealership would replace parts with the highest quality replacement is not as good as what we do now by getting by on the old parts until they need replacing and then replace those parts with reasonably priced after-market product. THAT WORKS FOR US!

The Safety Committee voted down it’s own staff and told them to rewrite the safety recommendations to be more in line with the current agreed upon system. And everyone was happy.

Oh, I forgot. The Safety Committee all got really good deals on lease/buy contracts from the dealership. And none of the Committee ever took a drive on Highway 1 and they all lived happily ever after ………… the end.

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In Richmond, Ca in 2012 a massive Chevron Oil Refinery fire occurred which sent 15,000 to the areas hospitals and shut down one of California’s major crude oil refineries units for months.

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The cause was CORRODED PIPES NEGLECTED BY CHEVON.

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The U.S. Chemical Safety Board had its staff investigate the fire and create recommendations for improved safety.

This report was released to the public on January 15, 2014.

The key recommendations:

A. Replace the current California patchwork of largely reactive regulations with a more rigorous, performance based system. (A European model of safety)

B. Inspectors would have technical training and experience that is on par with the personnel employed by the oil companies. (What a concept!)

C. Safety case reports generated by the oil companies would be rigorously reviewed, audited and enforced.

Well Chevron and the oil industries, the “scientific” community, The United Steel Workers Union, and political interests all protested any real change.

Now let Tubularsock guess why this motley crew would oppose changes that would improve safety from the current hodge-podge.

Well for Chevron and the oil companies ….. profit! Chevron made more money when the refinery was closed down because the price of gas in California increased because of short supply and increased demand. As well as not paying out fort costly repairs until something blows up. PROFIT at the risk of people’s lives. Thank you so much Chevron.

Now, let me see …… what “scientific” community? Why would a scientist be in favor of corroded pipes? Well, only scientist who work for Chevron that’s what kind of scientists.

But, The United Steel Workers Union? Jobs! Now you’d think that a union would want to protect the safety of their workers ……… no ……… JOBS that is all that is important!

Most Steam-Fitters and Boilermakers that Tubularsock have discussed refinery safety with will tell you that the only thing that stands between the oil company and a worker’s safety is the foreman and the shop stewart. If they are strong willed they won’t put their work team in danger.

They also have plenty of stories where the company will use undersized pipes and fast repairs in order to keep production going even at major risk to life and public safety.

And then “political interests” which mostly is about campaign donations. What else is there for a politician?

So what is the end result of this 115 page report?

The Chairman of the 3 member  U.S. Chemical Safety Board, Rafael Moure-Eraso voted in FAVOR of a new direction to a broken system.

But his fellow two Board members, Beth Rosenberg and Mark Griffin voted for business as usual.

So the Board told the staff that they had 120 days to oil it down.

Progress is our most important product ……… bend over!

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Tube money heading 2013

Now come on. Just because you are unemployed and you’re getting your $256.00 a week from the federal government you act like somehow Barrack and Michelle shouldn’t rush off for a couple of weeks to Hawaii to get out of the cold.

If you are so upset about it then get a job. Then you too can take a vacation.

Now the President says that we are recovering and hell yes! Even Tubularsock can see recovery from the golf course in Hawaii! If some of you working poor would take up golf then you might be able to see recovery too.

Now I’m sure you are aware that Congress is working hard at not working. And they do do a nice job at it. Pretty professional if you ask Tubularsock.

The Democrats want to extend the emergency unemployment benefits for 1.3 million people. These are unemployment benefits that kick in AFTER state unemployment benefits are cut off. Just how much money do these unemployed people need?

As Peter Morici, an EMPLOYED economist and professor at the University of Maryland School of Business stated in a UPI analysis, “with the recovery in its 55th month, the emergency is over. Additional taxes to pay for more unemployment benefits would impose a terrible burden on the working poor”.

Wow. Those poor working poor. You see Morici contends that, “Unduly long unemployment benefits in an economy the president says is picking up steam encourages many unemployed to postpone serious employment searches. From Wall Street to Main Street, white collar professionals have delayed accepting lower pay and changing occupations by running down savings and collecting maximum unemployment benefits of about $300 a week.” A princely sum indeed!

So if only those “white collar professionals” would get off their fucking high horses and take a job at McDonalds or WalMart or even change their occupations to say being an economist then life would be good!

It is so simple if you just think about it from an ivory tower or a golf course from Hawaii don’t you know.

But with all this unemployment talk one can miss some of the more positive aspects of the Washington, D.C. scene.

Now Barrack and Michelle went off to Hawaii for vacation on Air Force One.

According to Congressional Research Service the cost of flying a Boeing 747 is $181,757.00 per flight hour. Travel time direct from Washington, D.C. to Hawaii is about 9 hours. So one way the cost, JUST TO FLY, is $1,635,813.00. Oh sure, they have to come back so add an additional One Million Six Hundred And Thirty Five Thousand Eight Hundred And Thirteen Dollars to the mix. Envelope pleze ……. the grand total is ……… THREE MILLION TWO HUNDRED AND SEVENTY ONE THOUSAND SIX HUNDRED AND TWENTY TWO DOLLARS! And that is just for Barrack and Michelle to fly to their vacation and home again. I guess they may have had to max out two credit cards.

Now what’s a vacation without the amenities of home. So a USAF C-14 cargo aircraft is needed to transport the Presidential limos (you can’t go on vacation without your ride!) and support equipment.

A C-14 has an estimated operating cost of $12,000 per hour and the flight time between Andrews Air Force Base and Hawaii is at about 21.5 hours roundtrip. So that is $258,000.00.

And don’t forget that the United States Marine Corps provides a Presidential Helicopter which is transported by a C-17 cargo aircraft for an  additional $258,000.00.

Now that doesn’t include the 6 member helicopter crew’s per diem and hotel.

 Wow ……… this vacation thing is stacking up some costs.

Tubularsock needs to take a break here. Just checking my wallet.

Ok ……… now that we’ve got them to Hawaii there is a bit more expense.

The taxpayers must cover the costs for housing U.S. Secret Service, U.S. Coast Guard and Navy Seals in beach front and canal front homes around where the President stays.

That cost runs about $200.00 per bedroom per day which comes to $21,600.00 per day. That’s about $21,600.00 per average home for a nearly three week period, with special forces renting at least 7 homes. Which comes to $151,200.00 Plus $25,200.00 for the security that arrives ahead of the President. Costing taxpayers about $176,400 for the length of the visit.

The President’s staff and White House Press Corps typically stay at one of Hawaii’s oldest and most elegant hotels, the Moana Surfrider. And wouldn’t you know it is during high season so there is no discount government rate during this holiday period! So the taxpayers are covering more than $131,600 in hotel bills for some two dozen staff.

Now like any good government operation there are some costs that can’t be released by the White House to the general public for SECURITY REASONS!

For example, the President’s security usually rents an entire floor of an office building in Kailua on the canal during the president’s stay. And you know just how important it is to not let anyone know what rents go for in Kailua. Lives could be lost!

And then there is the cost for car rentals and fuel for White House staff staying at a Waikiki Hotel. If these facts were allowed to be leaked well, lives could be lost!

And there are additional travel costs Secret Service and White House staff traveling ahead of the President that may involve strip clubs and whores being vetted that must be kept secret because lives could be lost!

But if you take the total known cost for Barrack and Michelle’s Hawaii vacation it adds up to over FOUR MILLION DOLLARS!

But hey, before you get all pushed out of shape here just remember that that is only about $307.60 for each of the 1.3 million unemployed that have lost their coverage.

And that is only $7.60 more than their maximum amount per week.

So for the cost of Barrack and Michelle’s vacation 1.3 MILLION people would have had one week more of unemployment benefits to feed their families. Fuck’em!

But like Tubularsock likes to say ………. There’s More!

You see, Barrack and the girls returned to Washington, D.C. and Michelle  stayed on in Hawaii. Which may end up costing the taxpayers an additional $126,000.00.

Michelle in the past has used an Air Force C- 40B Special Mission Aircraft when she has flown before to Hawaii, the cost of a flight from Honolulu to Washington would be about $63,000. If the C-40B must be flown out to Hawaii to retrieve Michelle, as would seem likely, the first lady’s travel costs could amount to about $126,000, assuming the jet is dispatched from Washington.

And then there’s the Secret Service and personal staff ….. ahh, the price keeps going up.

Rumor has it that the Presidential couple were not in matrimonial bliss during their several million dollar vacation.

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Some attribute it to the Mandela Memorial and other photographs in the press, it seems that Michelle is not very happy with the President of late. Michelle remaining in Hawaii away from the President is just fueling speculation that they may be heading for a divorce in 2014.

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But what TMZ Celebrity Gossip and Entertainment News should have reported is that there may be more to this entire situation. A photo acquired by Tubularsock News Corp. from sources that are not authorized to provide photos of the Hawaii Vacation presents an entirely different scenario  that must be considered.

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It has been rumored that Michelle and an unknown political gigolo have been having some “quality” time after Barrack and the girls left for Washington. But Michelle’s staff have categorically denied any such thing.

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