...suffering through the Great Depression, the American people were willing to listen to any ideas to replace the current system that had so obviously failed them, no matter how outlandish. Technocracy, Inc. did attract a following, swelling into the tens of thousands later in the decade.
Today, Marion King Hubbert is best known as the Shell Oil researcher who gained notoriety in the 1950s for predicting that the US would achieve its peak production of petroleum by 1970, and that almost all of the planet's oil supplies would be exhausted by 2020.
This "peak oil" theory, still sometimes referred to as "Hubbert's Peak," was, like everything else generated by Big Oil, a conveniently crafted lie, designed to habituate the market to artificial scarcity and thus keep oil prices high. Hubbert's "prediction" was not based on any empirical data from any oil field, but instead relied on Hubbert's incorrect guesses about remaining oil reserves and employed a heuristic tool to model production.
As Hubbert's protege and colleague at Shell Oil, Kenneth Deffeyes, conceded years later: "The numerical methods that Hubbert used to make his prediction are not crystal clear. Today, 44 years later, my guess is that Hubbert, like everyone else, reached his conclusion first and then searched for raw data and methods to support his conclusion."
Shortly before his death in 1989, Hubbert himself admitted that when he showed his Peak Oil paper to Shell's managing director before presenting it to his colleagues, the director had told him not to "go overboard" with his estimates of oil reserves, pointing specifically to L.G. Weeks, a rival geophysicist who had estimated reserves to be much higher, and thus the impending threat of undersupply and the need for high oil prices to be much weaker.
But although today Hubbert is remembered almost exclusively for his Peak Oil thesis, he was in fact involved in a much larger, lifelong project, helping to codify and incorporate a movement that, much like eugenics, was wildly popular nearly a century ago, fell out of favor in polite society, and yet continues today under other names. That movement was called "Technocracy."
Technocracy billed itself as a social movement, a philosophy, a scientific solution to political and economic problems, and a new way of ordering the world. But at base, it i...
The question is, what is the answer? Is the US ever going to be comfy with a nuclear North? Nope. Yet they too know that if we go in, it’s going to be uglier than most imagine.
...if the day ever comes when government can't even repay the interest on the National Debt, the illusion of solvency will disappear and the economy will collapse into calamity.
The biggest news to emerge during the summit was not directly part of the summit at all, but in some way is a reflection of the topsy-turvy period of global geo-economic reorientation we are living through.
I’m really hopeful that by the time you are reading this, the picture has changed, Irma’s been steered hard right, back into the Atlantic and we dodged this bullet.
Make no mistake: hate makes a great business model for those pretending to fight it.
...the Afghan war is not about protecting America's interests or ridding the world of terrorists, and the war on drugs is not about helping to end the opioid crisis.
Antonov now has the dubious honor to be in the eye of the Russia/US diplomatic storm close up in Washington. It may seem at times like operating behind enemy lines.
this is a rigged game with loaded dice. The international “superclass” that pays no allegiance to any particular country is preparing to abandon the American empire as the engine of global dominance for a multilateral BRICS-fronted IMF-administered globalist slave state.
They want a global currency. They’re going to try and do it with SDR’s. They’ve already started the process, and I’m not certain about how it develops, but this acchain outfit is definitely one of their testing grounds.
You know, now that I think about it, maybe Zuckerberg is qualified to be President, after all: He's an unconvicted criminal. He is an enemy of free speech and an ally of the deep state surveillance apparatus.
pundits of today, are spewing the same crap they spewed in the 1999 market madness. Overvaluation didn’t matter they said because they were all going to make so much money in this “Internet thing”.
...it was obvious that Monsanto had had some influence over the journal and the paper's ultimate retraction. But the latest document leak shows just how much influence.
So, if we’re getting some late stage run for glory which sends us ever higher, I don’t buy for a moment that it’s the general population finally diving in. I could however see it being the bankers printing even more than they acknowledge they are.
Despite tough talk from Brussels (and Berlin) about “retaliation” over these new measures, no shots will be fired, no diplomatic relations broken, no dramatic shifts away from Washington and toward Moscow will be taking place.