Frack OPEC

A funny thing happened on the way to world economic dominance by that oil cartel, OPEC. And that is capitalism and the innovation that this "greed" begets has reared it ugly head and is sending many of these OPEC members squeeling for cover. Saudi Arabia, the elephant in the OPEC room, suddenly realized that oil-well fracking in the United States had become a strategic threat to its dominant hold on the energy markets and so decided to flood the world with oil (at least not cut production during a period of oil oversupply) in order to upset the shale-oil economics ... see the very insightful: UK Telegraph Article.

I suggest a careful reading of the previous article for it clearly illustrates how the fat, dumb, and happy OPEC cartel ... plus Russia ... had thought that they had the rest of the world by the short hairs ... and could have their way with us. Oops! They forgot that the ingenuity of free men somehow has a way of dispatching tyranny (and even the oppressive energy policies of the President of the United States.) And, as a consequence, most OPEC members, having ignored the fundamental advantages of capitalism, now are suffering as much or more than the targets of the Saudi's actions, the U.S. oil frackers. Even Saudi Arabia itself will start hurting if it keeps on this pricing pressure for any lengthy period of time. Sob! Sob!

Foundation Garments

In what Rush Limbaugh calls “a random act of journalism,” the New York Times has today published a very revealing article exposing much (but I’m sure not all) of the sleaze surrounding the Clinton Foundation.  This article outlines how this foundation has clearly become the sluice-way to Hillary’s run for Presidency in 2016 ... and an international belly-rubbing society in which world-wide movers and shakers get together to chew over global issues.

This sounds very much like a ballooned-out version of Bill Clinton’s role in the Democrat Leadership Council (aka, the New Democrats … see: Wikipedia Entry) in the late 1980s which helped propel him into the Presidency in 1992.  It also gets rather specific about the number of the Clinton acolytes who are sucking on the teats of this multi-million dollar non-profit sow … keeping this posse in caviar until such time as Hillary has announced for the Democrat imprimatur.

And it seems that, for all the money that the Clinton Foundation takes in, very little of it actually goes to the causes it professes.  Instead, other foundations and influence-seeking oligarchs are asked to donate to these causes under the aegis of the Clinton name.  The Times also mentions that this foundation is moving its headquarters to the Time-Life building in midtown Manhattan … so much for Bill Clinton’s previously-propounded pied a terre in Harlem.

I strongly recommend that you read this expose before it disappears from the Times white-board and its authors, Nicholas Confessore (great name!) and Amy Chozick are relegated to the secular arm … see: NY Times Article.  Oops, it's already been girdled ... instead read this same article by proxy at ... The UK Telegraph Article

I now also wonder if the IRS will revisit its granting of tax-exempt status to this obviously politically-motivated and self-serving foundation?  What do you think?

(A tip of the hat to my wife, Jeanette, for pointing out this article to me.)

Afterward: Here are more disclosures ... Townhall Story and the actual Times article itself that is back online: NY Times Article.