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Urgent! Do we prepare for a severe market collapse, food price shock and social unrest or is this nonsense?

in News & Politics

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  1. Glenn C.
    • 50 friends
    • 43 reviews

    I have a gut feeling that the United States is next in line to pay our dues for peak oil.  Now that we have witnessed 9-11, The Patriot Act, the housing bubble, Bank Bailouts, Auto industry bailouts, SEC fraud, Debt Ceiling fraud and now the Super Congress....do we continue to sit on the couch like a deer in headlights?  Should you get your house in order now? Who out there feels that ignoring all this will be suicide for yourself and your children?  What are you doing to prepare for this?

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  2. Noe O.
    • 267 friends
    • 90 reviews

    Invest in survival seeds and ammo bro

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  3. Loli L.
    • 211 friends
    • 1526 reviews

    Dude. You need to calm down. First of all, I don't have any children...

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  5. Glenn C.
    • 50 friends
    • 43 reviews

    "Tommy guns" I love it!

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  7. P H.
    • P H.
    • El Cerrito, CA
    • 4 friends
    • 15 reviews

    did someone say tommy gun?

    youtube.com/watch?v=mh0o…

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  8. Noe O.
    • 267 friends
    • 90 reviews

    Don't forget your seeds though... Gotta plant some trees bruh.

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  9. P H.
    • P H.
    • El Cerrito, CA
    • 4 friends
    • 15 reviews

    noe....i think i could always find some seeds stashed in between my couch cushions.  or in my old pink floyd albums.

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  10. Glenn C.
    • 50 friends
    • 43 reviews

    There are some good seeds in this article;)
    carolynbaker.net/2011/06…

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  13. Loli L.
    • 211 friends
    • 1526 reviews

    I like putting sunflower seeds on my salad. I don't care how broke I get, I'm still eating salad.

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  14. Willaim Y.
    • 4 friends
    • 0 reviews

    107 friends
       22 reviews

    One hour ago from Yelp for iPhone Asiatic "get your hands out my pocket!!!!" B. says:

    Y'all better stock up on batteries, canned goods,crackers, bottled water, grenades, assault rifles, Tommy guns....

    You bet I'll be stocking the crackers. This shit's gonna be about race yo.

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  15. Peace L.
    • 19 friends
    • 154 reviews

    Dude -- thank God you don't live in London.  Wall Street and other stock markets are nothing more than fancy casinos.  Don't worry -- we will pull through this huge mass; we'll all have to downsize and reduce our discretionary spendings and save more money.  The rich will get richer, the middle class will continue to erode and diminish in scope and size and the poor will get poorer.  But the world will survive.  Just take it easy and wait for the markets to purge themselves.

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  16. P H.
    • P H.
    • El Cerrito, CA
    • 4 friends
    • 15 reviews

    i think there's going to be tea running through the gutters after the 2012 elections with a new dem sweep that could see the rich paying for the mess they created.  the actions of the rich will eventually demand and equal reaction from those they've destroyed.  and just like FDR had to initiate the new deal to prevent a real communist revolt, so will the next congress finally push obama to actually rule like a dem.

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  19. Glenn C.
    • 50 friends
    • 43 reviews

    The world will survive but I think an energy crunch will wipe out LOTS of people within our lifetime.  Let's hope I'm wrong;)

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  20. Glenn C.
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    • 43 reviews

    Hummm..... stratrisks.com/geostrat/…                   US Military prepares for riots at year end?

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  22. P H.
    • P H.
    • El Cerrito, CA
    • 4 friends
    • 15 reviews

    so tomorrow should see a 5% drop if things keep going like they have.

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  23. JV S.
    • 0 friends
    • 13 reviews

    I need to start stock up on rice. Shits gonna hit the pan.

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  24. P H.
    • P H.
    • El Cerrito, CA
    • 4 friends
    • 15 reviews

    yummm......pan fried shit and rice...when's dinner?

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  25. John P.
    • 736 friends
    • 189 reviews

    tt
    I am far from a survivalist, or a "prepper", but I can tell you this.  I learned a very valuable lesson when 9-11 happened.  Flights up to Alaska, almost became a thing of the past, Ships coming onto docks with fresh fruits, and veggies, and supplies, were held up to the point where store shelves became a little bare ands supplies were running low.  People I talk to up here learned alot too, friends that I have that are very mild and mannered folks now have a 4-6 month supply of food, water, meds, first aid, wood, canned goods, freeze dried goods, and generators, both fuel and solar.  You get taken by surprise once, and that is all one really needs to learn...

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  26. Jhoe G.
    • 882 friends
    • 158 reviews

    i got one of those toy Pinwheels...should give me enough juice to last a few hours...and my records..all I needs is my vinyl

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  27. John P.
    • 736 friends
    • 189 reviews

    Joe "Father MC" G. says:
    i got one of those toy Pinwheels...should give me enough juice to last a few hours...and my records..all I needs is my vinyl
    -----------
    Don't sweat it Joe, we have plenty and ways in and out now...I'll send for you.....:)

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  28. Mario L.
    • 7 friends
    • 100 reviews

    Or you could just help prevent the whole mess by voting for dems

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  29. Al D.
    • 10 friends
    • 10 reviews

    ^ yeah, look how much better off financially the "blue" states are than the "red" states

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  30. Mario L.
    • 7 friends
    • 100 reviews

    Because of prop 13 CA isn't really a blue state when it comes to the budget. But look at the national level. Clinton had a surplus. Then Bush showed up, lowered taxes, started two unfounded wars, increased medicare spending (part D), and pointed the country in the direction of the recession by greatly reducing regulations. Now we have a recession and a huge deficit.

    And now the republicans are against any sort stimulus spending...I guess they want us to repeat Japan's "Lost Decade"

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  33. Fog City Girl L.
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    • 67 reviews

    I think it's time the rich pay for the mess they did. They need to pay more in taxes too.

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  38. Mario L.
    • 7 friends
    • 100 reviews

    But really I'm not a crazy liberal :) If it were up to me, I'd say we increase short term spending and tax cuts while making significant cuts to entitlement programs designed to kick in later once the economy has had a chance to recover...

    But to answer the original question, don't bother preparing...just enjoy the time you have :)

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  41. Lily S.
    • 36 friends
    • 115 reviews

    Stock up on rice, beans and ammo

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  42. Al D.
    • 10 friends
    • 10 reviews

    Ammo is the best "barter"....

    because with ammo, you can get anything else you need.

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  44. Glenn C.
    • 50 friends
    • 43 reviews

    I vote Asiatic B. for next secretary of defense.  If you look at Greece and Iceland...both have defaulted on their debt but neither country has experienced massive social unrest or food riots yet.  The entire globe is experiencing the final collapse of a fiat currency/fractional reserve banking system first.  Things will get bad when oil production can no longer keep up with the supply demand.  The first signal will be food prices rising quickly.  This is why O'Bomba is bombing Libya, Syria and Sudan right now.  No change...just more of the same Bush bullshit.

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  45. Glenn C.
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    • 43 reviews

    The food riots of 2008 are only the warm ups for what's to come in 2012-2013.
    businessinsider.com/food…

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  47. Kevin T.
    • 140 friends
    • 14 reviews

    P "inhale too the leaf" H. is right or at least has the right idea: The rich will have to pay for the mess that they have created, if not we all ( except the rich ) are in a lot of trouble and the only answer at that point will be an all out war (civil). I am just not sure if the younger gen. has it in them??? Maybe if the war came to them via Xbox or some shit like that.

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  48. Connor H.
    • 183 friends
    • 63 reviews

    It's all bush's fault

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  49. Glenn C.
    • 50 friends
    • 43 reviews

    John Eazy E....so nice to see you again.  "Unemployment continues to decrease" Haha! How funny.  DOW -97 right now;)
      blacklistednews.com/10_S…

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  51. Rachel H.
    • 50 friends
    • 255 reviews

    n
    o
    b
    o
    d
    y

    c
    a
    r
    e
    s!

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  53. Noe O.
    • 267 friends
    • 90 reviews

    *sharpens machete*

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  54. Glenn C.
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    • 43 reviews

    Here's my prediction: John..save the dog log for me. Keep it warm and soft ;)    Portugal, Italy and Spain will soon join Greece in the hall of debt fame very soon...like by December.  The Fukishima nuclear crisis will continue to slow down Japan which in turn will further slow down the auto industry.  The DOW will slowly drop towards 7,000 by Feb of 2012.  The oil that will be stolen from Ghaddaffi will be short lived.  By December the dollar index will creep towards 68 or 69.  Food prices will spike when oil pushes towards $5.00 per gallon.  Pockets of civil unrest will show up in the midwest and crappy cities like Chicago, Las Vegas and Kansas City.   If something really shitty happens in Pakistan or Iran....then..a military draft will begin.

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  56. Glenn C.
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    • 43 reviews

    "Lehman bankruptcy was for just over $600 billion - now we find out that $616 billion is the estimated total amount of gross exposure for the PIIGS (Portugal, Ireland, Italy, Greece and Spain)"  -Max Keiser

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  57. Glenn C.
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    • 43 reviews

    DOW -412

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  59. Luis M.
    • 920 friends
    • 702 reviews

    There was to be sone poop eating

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  60. Noe O.
    • 267 friends
    • 90 reviews

    Mike Z. says:
    Glenn aren't you the guy who was predicting Dow 4000 or something like that back in 2008?
    ___________

    Do you know how much of QE1 and 2 went into inflating the DOW ?

    I mean I don't, Im just wondering how inflated it is compared to 2008 ?

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  61. Glenn C.
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    • 43 reviews

    If you think about the DJIA it's kinda meaningless just like the credit rating agencies that lied about the United States having AAA credit.   I think we all agree that this ponzi scheme of paper and digital wealth is only being held together by over extending our military and distracting the American people with American Idol and Murdoch's fake global news.   I think our fate is determined by slowing oil production that is incapable of meeting the demand of the earth's population.   This is why we are bombing Libya, Sudan and intervening in Syria right now.  Our last DOW low was 7,000 something right?  I think the next low will dip below 7,000 in two months.  Let's hope I'm wrong and that I eat some dookie with mayo sauce ;)

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  63. Glenn C.
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    If you think about it, we are all eating digital-virtual poop right now.  Our country is turning into shit.

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  64. Patrick B.
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    • 112 reviews

    Glenn predicted the September 2008 crash so basically whatever he says I take as fact now.

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  65. Glenn C.
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    • 43 reviews

    There may be a slight uptick in the DOW for awhile since the globalist NATO force is almost done robbing Libya.    The challenge is will the oil be difficult to get flowing to France and Italy?  Libya may turn into another quagmire like Iraq and the 144 tons of gold that will be confiscated will suppress gold prices for the short term propping up the dollar for a bit....so enjoy cheap Starbucks and gas for a little while longer kids.  Blood for Starbucks! Joy!   Look out for those roadside bombs NATO....they are coming to Libya next especially made for Haliburton trucks.  reuters.com/article/2011…

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  66. Alex K.
    • 29 friends
    • 49 reviews

    This is the top of the highest point of the roller coaster for the ride that is the USA.

    From here it's all downhill. Granted, there will be some exciting loop-the-loops and smaller rises. After a few fun twists and turns, though, the cars are going to come to a stop and everyone is going to raise their protective bars and slide out to the left.

    It may be a while before the roller coaster starts up again, but it looks like the next ride will be for China...Maybe India.

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  67. Glenn C.
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    • 43 reviews

    O'bomba and his advisor's plan so far costs: 6.6 Billion to bomb and rob Libya.  Even Forbes agrees with me that this Libyan oil will be short lived.  The markets will soon continue to plunge again.   news.yahoo.com/oil-marke…

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  68. Connor H.
    • 183 friends
    • 63 reviews

    Why the worry??  Obama has a plan.  Well, not yet.  It's coming though!!!  I can't wait

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  71. Glenn C.
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    • 43 reviews

    telegraph.co.uk/finance/…

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  72. Jennifer O.

    @Sean W:

    @PHILIP did you know that its standard practice to increase the debt celing and this is the first year in a very long time that it was even a conversation to not do it? fun facts that often are not on TV
    ________
    Absolutely correct!

    And when all of this was going on in Congress, it was said that Reagan raised the debt ceiling 14 or 16 times during his presidency.

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  73. Jennifer O.

    And to answer this thread, "No."

    Yes, commodity prices are soaring and will continue to do so. Oil prices will increase because of continued unrest in the Middle East. Gold may reach $4,000 a troy ounce by year's end.

    But the world isn't going to hell in a handbasket. Nor will there be riots on the streets. And if you want your money to rot and not have enough for retirement, by all means, by all means, avoid the stock market.

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  74. Glenn C.
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    • 43 reviews

    So Jennifer are you saying that their is an infinite amount of oil in the ground and the supply will meet the demand for ever?  Those of you who fail to understand that oil production is on the decline are in for a rude awakening.   The reason why Bush and now Obomb'a are creating this civil unrest in the middle east is old British tactics.  Create civil unrest and you have a quagmire situation where you can now usher in Haliburton.   The reason why deep water horizon is called deep water is because their is no more oil in the shallow depths of the gulf.   Shale, coal and corn energy is all unsustainable and will not meet the earth's population demand.  Something has to give and first the bankers will fight within this ponzi scheme of paper wealth until mother nature gets up to bat last.  That's coming soon....I hate to say it.   That's just my opinion...I hope I'm wrong.
    blacklistednews.com/%22C…

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  75. Glenn C.
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    • 43 reviews

    the carnage in wallstreet is going to get worse starting now.  I think we will see the dow head for 6,000 blacklistednews.com/%22C…

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  76. Peace L.
    • 19 friends
    • 154 reviews

    The global equity markets are so out of sync with the global Main Streets that it makes no sense for the daily lives of average citizens to be dictated by the daily volatility of the equity markets, which have become nothing more than casinos.  All the experts, politicians and news media might talk us back to a global recession.

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  78. Nick G.
    • 9 friends
    • 44 reviews

    It isn't "peak oil". It is Obamunist Oh-flation, turning your hard earned money into something worth much less.

    "Peak Oil" is hysterical nonsense:
    land-of-fruits-and-nuts.…

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  79. Patrick R.
    • 91 friends
    • 57 reviews

    I've got a shotgun, rifle and a four wheel drive and a country boy can survive!!!!!!!!!!!!!!!!!! Bring on the recession!!!!!!!!

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  81. Glenn C.
    • 50 friends
    • 43 reviews

    Oil production and oil well discoveries have been declining since 1964.  U.S. production peaked in 1970. This is why we are in the Middle East bombing the shit out of everybody.  Yes there is plenty of oil left in the earth but it is becoming extremely difficult to extract the oil and refine it.  If anybody can discredit this info....then show me some proof.   (A Presidential Energy Policy -Michael C. Ruppert)   You all discredit me but you have nothing to show.  At least show something to back your bullshit.  Again I hope I'm wrong and let's hope this is all tinfoil hat bullshit.

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  82. Glenn C.
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    • 43 reviews

    Fact:  Nobody has been able to discredit Michael C. Ruppert (See Crossing the Rubicon)

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  84. Al D.
    • 10 friends
    • 10 reviews

    this was one of the biggest selling books of its era:

    amazon.com/How-Prosper-D…

    of course, it was almost completely wrong.

    Same here:
    amazon.com/Great-Depress…

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  86. Glenn C.
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    Mike Z. watches FOX news I bet.   Keep watching Mike. Keep watching.

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  87. Glenn C.
    • 50 friends
    • 43 reviews

    Have you heard of HALIBURTON?

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  88. Glenn C.
    • 50 friends
    • 43 reviews

    Dow -101  Gold $1877   are you guys really that ignorant?

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  89. Glenn C.
    • 50 friends
    • 43 reviews

    All the easy oil and gas in the world has pretty much been found. Now comes the harder work in finding and producing oil from more challenging environments and work areas.  "
     
    -- William J. Cummings, Exxon-Mobil company spokesman, December 2005

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  90. Glenn C.
    • 50 friends
    • 43 reviews

    It is pretty clear that there is not much chance of finding any significant quantity of new cheap oil. Any new or unconventional oil is going to be expensive.  "
     
    -- Lord Ron Oxburgh, a former chairman of Shell, October 2008

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  91. Glenn C.
    • 50 friends
    • 43 reviews

    Of the largest 21 fields, at least 9 are in decline.[89] In April 2006, a Saudi Aramco spokesman admitted that its mature fields are now declining at a rate of 8% per year (with a national composite decline of about 2%)

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  92. Glenn C.
    • 50 friends
    • 43 reviews

    According to a study of the largest 811 oilfields conducted in early 2008 by Cambridge Energy Research Associates (CERA), the average rate of field decline is 4.5% per year. The IEA stated in November 2008 that an analysis of 800 oilfields showed the decline in oil production to be 6.7% a year, and that this would grow to 8.6% in 2030

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  93. Glenn C.
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    • 43 reviews

    Mexico announced that its giant Cantarell Field entered depletion in March 2006,[97] due to past overproduction. In 2000, PEMEX built the largest nitrogen plant in the world in an attempt to maintain production through nitrogen injection into the formation,[98] but by 2006, Cantarell was declining at a rate of 13% per year.

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  94. Glenn C.
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    • 43 reviews

    the new reserves of oil will be harder to find and extract. The Jack 2 field, for instance, is more than 20,000 feet (6,100 m) under the sea floor in 7,000 feet (2,100 m) of water, requiring 8.5 kilometers (5.3 miles) of pipe to reach. Additionally, even the maximum estimate of 15 billion barrels (2.410^9 m3) represents slightly less than 2 years of U.S. consumption at present levels.[18]

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  95. Glenn C.
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    • 43 reviews

    In Feb 2010 the US military's Joint Forces Command issued the Joint Operating Environment 2010[111] warning US military commands "By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day."

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  96. Glenn C.
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    • 43 reviews

    Notice Mike Z. the military is talking about oil and not terrorists?   The military warning of timing issue is graphically noted in the International Energy Agency's (IEA) World Energy Outlook 2010.[112] The IEA graph notes that depleting conventional oil will be replaced by "fields yet to be found" and "fields yet to be developed."

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  97. Glenn C.
    • 50 friends
    • 43 reviews

    Mike Z. notice the fighting in Libya is going on in Benghazi near the oil terminal?  Oil reserves in Libya
    From Wikipedia, the free encyclopedia
    Jump to: navigation, search
    Libyan's Oil field, pipeline, reffineries and storages.

    Oil reserves in Libya are the largest in Africa and the ninth largest in the world with 41.5 billion barrels (6.6010^9 m3) as of 2007. Oil production was 1.8 million barrels per day (29010^3 m3/d) as of 2006, giving Libya 23 years of reserves at current production rates if no new reserves were to be found. Libya is considered a highly attractive oil area due to its low cost of oil production (as low as $1 per barrel at some fields), and proximity to European markets.

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  98. Glenn C.
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    • 43 reviews

    (Sudan)  Sudan's oil wealth has played a major part in enabling an otherwise poor government to fund the expensive bombers, helicopters and arms supplies which have allowed the Sudanese government to launch aerial attacks on towns and villages and fund militias to fight its proxy war in Darfur.

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  99. Glenn C.
    • 50 friends
    • 43 reviews

    Afghanistan pipeline (UNOCOAL)  At the end of 1990s, the American Unocal Corporation considered in addition to the Trans-Afghanistan Gas Pipeline building also a 1,000 miles (1,600 km) long 1,000,000 barrels per day (~5.010^7 t/a) oil pipeline to link Türkmenabat (former Chardzou), Turkmenistan to Pakistan's Arabian Sea Coast. Through the Omsk (Russia) - Pavlodar (Kasakhstan) - Shymkent - Türkmenabat pipeline, it would provide a possible alternative export route for regional oil production from the Caspian Sea. The pipeline was expected to cost US$2.5 billion. However, due to political and security instability, this project was dismissed.

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  100. Glenn C.
    • 50 friends
    • 43 reviews

    Oil reserves in Iraq will be the largest in the world according to recent geological surveys and seismic data.[1] The Iraqi government has stated that new exploration showed Iraq has the world's largest proven oil reserves, with more than 350 billion barrels.[1] Officially confirmed reserves rank third largest in the world at approximately 143 billion barrels (22.7

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  101. Leslie Y.
    • 285 friends
    • 673 reviews

    Move to china, they are buying up everything anyways.........

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  1. Edward A.
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    I'm debt free .

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  3. Glenn C.
    • 50 friends
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    Here was my prediction copied and pasted from August last year:  8/16/2011 Glenn "Glenny Kravitz Karaokeshark" C. says:

    Here's my prediction: John..save the dog log for me. Keep it warm and soft ;)    Portugal, Italy and Spain will soon join Greece in the hall of debt fame very soon...like by December.  The Fukishima nuclear crisis will continue to slow down Japan which in turn will further slow down the auto industry.  The DOW will slowly drop towards 7,000 by Feb of 2012.  The oil that will be stolen from Ghaddaffi will be short lived.  By December the dollar index will creep towards 68 or 69.  Food prices will spike when oil pushes towards $5.00 per gallon.  Pockets of civil unrest will show up in the midwest and crappy cities like Chicago, Las Vegas and Kansas City.   If something really shitty happens in Pakistan or Iran....then..a military draft will begin.           I for most of this prediction right with gas prices "pushing towards $5.00 per gallon"   and Greece defaulting.      I WIN! It's still February!

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  4. Glenn C.
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    blacklistednews.com/Is_J…

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  5. Glenn C.
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    The Dow is artificially propped up to 13,000 by fiat currency and outright corporate theft.

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  6. John Y. C.
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    Glenn, the ultimate Bear!  I'm assuming that you're shorting the market?

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  7. Ron P.
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    infowars.co...

    looks like me and Glenn aren't the only ones..

    but of course the lemmings will shoo shoo this away too..

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  8. John H.
    • 215 friends
    • 908 reviews

    The Dow is artificially propped up to 13,000 by fiat currency and outright corporate theft.

    --

    Yeah, and Kim Kardasian's ass is artificially propped up by plastic implants.  Doesn't mean it's gonna pop.

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  10. Ron P.
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    great usage of resources here:

    dailymail.co.uk/news/art…

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  11. Kathy H.
    • 15 friends
    • 4 reviews

    Che "Mmm mmm, this is swell!" D. says:
    Glenn "Glenny Kravitz Karaokeshark" C. says:
    The Dow is artificially propped up to 13,000 by fiat currency and outright corporate theft.

    +_+

    And tons of laundered drug money, and Saudi "investment", and and and...
    _______________________

    it is propped up by a fiat monetary system and essentially legalized accounting fraud..  

    just as the '"newly created private jobs" obama claims to have created.  the government does NOT create jobs.

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  12. Ron P.
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    smh.com.au/technology/te…

    secret tribunals in a republic/democracy..? You don't say..

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  13. Glenn C.
    • 50 friends
    • 43 reviews

    Peak Oil, Peak Water, Hell.....Peak everything  washingtonexaminer.com/p…

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  14. Glenn C.
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    Gas near my house is $4.21 today.

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  15. Jhoe G.
    • 882 friends
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    This was urgent 7 months Ago?

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  16. John Y. C.
    • 81 friends
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    Glenn, you'll want to check out that new Discovery Channel show, Doomsday Preppers :-)

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  17. Glenn C.
    • 50 friends
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    thehill.com/blogs/on-the…

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  19. Ron P.
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    Babel-On is crumbling,i'll be laughing to the grave..

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  20. Glenn C.
    • 50 friends
    • 43 reviews

    word is today...a major Saudi Oil pipeline was bombed.   (IF) this is true....the shit has hit the fan.   Collapse.net

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  21. John H.
    • 215 friends
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    CNN or it didn't happen.

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  23. Dave L.
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    Glenn even  linked to a bogus domain.

    Here's a more credible story.

    bloomberg.com/news/2012-…

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  24. Norton N.
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    when gas hits 6 bucks the lemmings will be clamoring to go to war with Iran..

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  26. Norton N.
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    go snitch on your neighbor or something bruh,time is/will exonerate me in the end..

    you presume that eye buy into every little fringe theory offered,eye presume you still pay attention and lend credence to mainstream media..

    skepticism is a trait only afforded to scientists in the rigid halls of academia,out here on the bricks you better be able to intuitively feel something&instinctively act on it when the time is right..

    but you keep feeling the need to chime in with your 2 pennies so obviously something is striking a nerve so blabber on..

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  28. Glenn C.
    • 50 friends
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    I wrote (IF) this is true...in capital letters...which means it could be bogus.   Still Peak Oil is here.  The end of cheap oil has arrived forever.   Almost every news headline these days is about that black goop called OIL. In the news today:   reuters.com/article/2012…            
    U.S. oil major Exxon Mobil is building a $15.7 billion gas project, is raising fresh questions about the global energy industry's scramble for ever harder-to-reach resources.   reuters.com/www.reuters.…        Hopefully Reuters qualifies as a non-fringe website to the lemmings...but I doubt it.      Crude today: $106            and....like i said, Greece is dead in the water.  Next is Spain and Italy.  reuters.com/article/2012…        Dow  -200

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  29. Glenn C.
    • 50 friends
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    NOte:  "Scramble for ever harder -to-reach resources"  -Reuters        
    That is peak oil...when it costs more energy to extract the oil than it costs to sell it at a reasonable price.  "Deep Water Horizon" means there is no longer oil in the shallow water....GET IT?   DEEP WATER....repeat 10 times. DEEP WATER, DEEP WATER.

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  30. Glenn C.
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    • 43 reviews

    DEEP WATER DEEP WATER DEEP WATER....repeat ;)   Dow  -200

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  31. John H.
    • 215 friends
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    Down 1%, but overall still up over 10% so far this year.  Whoop de do.

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  32. John H.
    • 215 friends
    • 908 reviews

    That being said, looks like a crappy year for Wall Street overall

    bloomberg.com/news/2012-…

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  33. Glenn C.
    • 50 friends
    • 43 reviews

    More conspiracy news today...total nonsense:  reuters.com/video/2012/0…                crude oil  $107 today        

    rt.com/usa/news/keystone…           rt.com/news/eu-diplomats…

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  34. Glenn C.
    • 50 friends
    • 43 reviews

    Greece's new bailout today will only hold Europe together for a few weeks. It will fail again for sure.

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  35. Glenn C.
    • 50 friends
    • 43 reviews

    You can't fix a country that relies on selling ferry boat tickets and booking hotels on the Island of Crete.  The Greek default will cause a systemic failure of the rest of Europe.  Printing paper doesn't fix the problem.

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  36. Georgio N.
    • 243 friends
    • 105 reviews

    Chicken Little

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  37. Glenn C.
    • 50 friends
    • 43 reviews

    Wow! Look! Even the president of the United States is a conspiracy theorist.  Straight from his mouth:  "We can't just drill our way to lower gas prices -- not when we consume 20 percent of the world's oil," Obama said in the address, recorded during a visit Friday to a Virginia jet engine component plant.   news.yahoo.com/obama-str…

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  38. Glenn C.
    • 50 friends
    • 43 reviews

    the radiation just doesn't dissapear....http://www.reuters.com/article/2012/03/10/us-japan-tsunami-idUSBRE8290­C420120310

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  39. Glenn C.
    • 50 friends
    • 43 reviews

    Oil need to be around $40 a barrel for real economic recovery.    Today's price is still:  $107.39

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  40. Glenn C.
    • 50 friends
    • 43 reviews

    Even Jesus can't escape the real estate collapse.   reuters.com/article/2012…

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  41. Edward A.
    • 78 friends
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    Jesus wouldn't care too much unless a bad judgement on spending income came along. Jesus was homeless. He went from house to house.

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  44. Edward A.
    • 78 friends
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    Fuc Fracking. It's already a bad deal.

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  45. Norton N.
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    good to see some people waking up to the ugly harsh truth,you don't make progress living in a state of denial and burying your head in the sand..

    everything that's happening has already been written in the stars long ago,we're undergoing this cataclysm for a reason..

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  47. Glenn C.
    • 50 friends
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    Awesome, finally some people that are awake.   Spoiled is precisely the perfect word for Americans.  Where some people around the world can't even get running water or gas to heat the house....I hear Americans complain about stuff like..."I bummed my favorite mac-n-cheese was taken off the menu."  or  "The line at Starbuck's was too long this morning..f*ck!"

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  48. Glenn C.
    • 50 friends
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    Like I said..the continued Greek bailouts will be short lived.   reuters.com/article/2012…

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  49. Glenn C.
    • 50 friends
    • 43 reviews

    Oil in the news today:  reuters.com/article/2012…

    blacklistednews.com/Airc…

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  50. Glenn C.
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    This explains it all...watch:   youtube.com/watch?v=Sq-_…

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  51. John H.
    • 215 friends
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    The majority of oil consumed in the USA is from North America.  Less than 10% comes from the Middle East:

    dailyfinance.com/2012/02…

    Just saying.

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  53. John H.
    • 215 friends
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    I don't know why I even bother.  It's not like anyone on Yelp Talk has ever changed their opinion on something due to facts.

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  56. Yahaya B.
    • 189 friends
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    I'm close to paying off my flat in southern spain, and if it does hit the fan I will just retreat their and take it from there.

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  57. John H.
    • 215 friends
    • 908 reviews

    Funny how nobody remembers Glen's fall 2009 stock market crash prediction:

    yelp.com/topic/san-franc…

    I'm early awaiting Glen's next in the series, scheduled for summer of 2013!

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  59. Norton N.
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    welcome to the thread yet again "freak",you'd think if it truly bothered you so much that you'd stay out since you obviously aren't convincing anybody..

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  61. Glenn C.
    • 50 friends
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    Oil is still $106.00    The money that is being gambled in Wallstreet is fiat currency.   Paper...Paper...Paper...get it?  Paper!  So keep gambling dude.  Go for it!   Go buy a house too ;)    Meanwhile..in the news today:  "Preparing for a potential shortage later this year, the United States is asking Saudi Arabia to increase their crude output in the coming months to counter any catastrophe that could arise over an international oil deficit."   -A. Jarekji     rt.com/usa/news/us-oil-s…

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  70. Bradley P.
    • 143 friends
    • 45 reviews

    Hells yeah!! I'm AWAKE!!! Not getting into much details on the nets but, yes yes yes!!! Become an infowarrior!!!!

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  71. Norton N.
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    infowars.com/martial-law…

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  72. Glenn C.
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    Nice Norton N.  thumbs up.     Also..in the news today:  reuters.com/article/2012…      Crude pushes towards $125 then pulls back. Not good!

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  73. Norton N.
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    poorrichards-blog.blogsp…

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  74. Glenn C.
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    Notice how long ago Glenstradamus wrote this?   Months ago!  8/16/2011 Glenn "Glenny Kravitz Karaokeshark" C. says:

    Here's my prediction: John..save the dog log for me. Keep it warm and soft ;)    Portugal, Italy and Spain will soon join Greece in the hall of debt fame very soon...like by December.  The Fukishima nuclear crisis will continue to slow down Japan which in turn will further slow down the auto industry.   In the news today:  reuters.com/article/2012…     Spain turning to poo poo like Greece.   Connnnspiraaaaacyyyyy theory!  I see UFO's in the air! Run!

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  75. Glenn C.
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    And like I said...Japan relies on selling cars, microchips and the fishing industry is part of the economic backbone.  Not good when even the Japanese people are scared to eat the fish...right?   rt.com/news/japan-food-a…         Ideas/thoughts -M. C. Ruppert Collapsenet.  not mine.

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  78. Norton N.
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    good video,especially relevant cause its in the city:

    youtube.com/watch?v=ZyBK…

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  79. Glenn C.
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    Norton N.....nice!  I just forwarded that video to some of my friends.

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  80. Edward A.
    • 78 friends
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    Norton - I knew that was going on when I was a younger. My uncle used to tell me crazy stories about private or government experiment . After watching the video I'll be watching peoples behavior patterns.
    Now I'm so glad I don't eat freaken fish.

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  81. Norton N.
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    yeah there are plenty of those stories ie MK Ultra,Project Monarch,Artichoke,Northwoods,Crack Epidemic,etc..

    sfweekly.com/2012-03-14/…

    the funny and perplexing thing is that as time goes on more&more stories are leaking like this, yet somehow people still outright flatly deny that there is anything out of the ordinary going on..

    just saw a black helicopter flying overhead too,guess that's just a figment of my imagination too..

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  82. Edward A.
    • 78 friends
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    No Norton that's not it. The school system is a very good tool to indoctrinate. I goofed off a lot in school so I didn't get brainwashed. I did finish high school and had enough confidence to start my own Business .
    No more, I have to go to work for anyone. Being led to the slaughter house is not my cup of tea.

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  83. Norton N.
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    that's not what..? i'm just documenting some of the more well known false flags&covert ops missions..

    but i agree with the indoctrination thing,except now its being spread from schools&television to the internet,that's why your starting to see all of these internet censorship bills on the agenda&even jobs&schools are monitoring the internets proceedings now..

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  84. C J.
    • 21 friends
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    the crap they teach kids in school now is appalling, some of it actually borders on child abuse.

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  86. Glenn C.
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    More signs of hope and change this week:   Yahoo lays off 2,000 workers, Best Buy closing a bunch of stores and the Dow lost more than 300 points since yesterday.   reuters.com/article/2012…

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  89. Jhoe G.
    • 882 friends
    • 158 reviews

    Dude this thread is 8 months old. When is this collapse gonna happen already? Weakest apocalypse ever!!!!

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  90. Luis M.
    • 920 friends
    • 702 reviews

    Hi fra'tan!

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  91. Glenn C.
    • 50 friends
    • 43 reviews

    I never predicted an apocalypse.  Collapse can be a slow decline as long as oil is being delivered from Saudi Arabia and Venezuela.  I predicted higher gas prices and inflation leading to oil shock and food shortages.  The only way we will see a noticeable full on collapse is if we experience an oil shock due to all out war with Iran or a run on the banks takes place.  However with oil currently at $104 a barrel, of course Amazon is beating Best Buy.   Best Buy has to pay shipping and building lease for their big box stores.  The cost of shipping is high due to high (oil) prices plus Best Buy still has to pay it's employees.  So due to high (oil) prices and other overhead costs..i think it's safe to say people are not willing to go out  and drive to buy when they can get it cheaper online.   This is not just about poor strategic decisions, but pretty much a result of this bust cycle created from high oil prices and fiat monetary policy.   -Just my opinion     take it like a grain of salt.   And no it's not just Obama's fault but all the other presidents including ourselves for buying into all this shit.  Our money keeps them going.  Get it? Probably not.

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  92. Norton N.
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    8.9 quakes and more tsunami's,i'd say mama earth is revolting too..

    but you can be comforted by corporate media's bosom,percieve what's handed to you..

    and this is far beyond O'Bomba,he's just a convenient figurehead piece..

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  93. John H.
    • 215 friends
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    Only 10% of our oil comes from the Middle East.  That's the most underknown fact in the country.

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  94. John H.
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    Oh and Yahoo's new CEO is the former President of PayPal.  I wonder how long until Yahoo starts randomly freezing accounts for no reason.  Heh.

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  95. Norton N.
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    infowars.com/bernankes-w…

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  96. Norton N.
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    projects.washingtonpost.…

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  98. John H.
    • 215 friends
    • 908 reviews

    Shares of EBAY up 16% so far today after the company posted better than expected Q1 results.

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