Matthew R. Simmons, an energy investment banker and a leading proponent of the “peak oil” theory that claims the Earth is running out of crude, died yesterday.
Simmons, 67, died in an accidental drowning at his home in Maine, local officials said.
Simmons started Houston-based Simmons & Co. in May 1974 with a focus on the oil-services industry, according to the company’s website. The firm expanded to offer research, institutional sales and investment banking in the energy industry. Simmons promoted the idea that world oil reserves are peaking, and he explored the implications in a 2005 book called “Twilight in the Desert.”
“In the history of the petroleum era, Matt Simmons will be remembered for calling attention to ‘peak oil,’” T. Boone Pickens, chairman of BP Capital LLC, said in an e-mailed statement. “You had to admire his advocacy and his ability to focus on the need to better prepare for a new energy future.”
Emergency medical workers responded to Simmons’s home a little before 10 p.m. local time yesterday, said John Dietter, a crew chief in North Haven, Maine. The official cause of death is drowning, and he was found in a hot tub, said Tara Harrington, medical associate at Maine’s Office of Chief Medical Examiner.
“It was an accident,” Harrington said today in a telephone interview. She said “heart disease” was listed for the category of “other significant conditions” on the death certificate.
Wow, the establishment hates it when a CFR member goes off the reservation.
A former assistant secretary of the Treasury for international affairs is warning dollar deficits might no longer be funded by foreign nations, including China.
But C. Fred Bergsten, the former Treasury executive who is issuing the warning, goes even further, recommending the White House join with the international community in creating an alternative to the dollar for international trade, he writes in the current November/December 2009 issue of the Council on Foreign Relations’ Foreign Affairs magazine.
WND has also reported the G20 summit meeting in London in April, with the full concurrence of President Obama, took an important step to create a new world currency through the IMF that is designed to replace the dollar as the world’s foreign exchange reserve currency of choice.
Point 19 of the final communiqué from the G20 summit in London April 2, specified, “We have agreed to support a general SDR which will inject $250 billion into the world economy and increase global liquidity,” taking the first steps forward to implement China’s proposal that Special Drawing Rights at the IMF should be created as a foreign exchange currency to replace the dollar.
U.S. policymakers, therefore, must recognize that large external deficits, the dominance of the dollar, and the large capital inflows that necessarily accompany deficits and currency dominance are no longer in the United States’ national interest. Washington should welcome initiatives put forward over the past year by China and others to begin a serious discussion of reforming the international monetary system.
July 7 (Bloomberg) — The U.S. should consider drafting a second stimulus package focusing on infrastructure projects because the $787 billion approved in February was “a bit too small,” said Laura Tyson, an outside adviser to President Barack Obama.
The current plan “will have a positive effect, but the real economy is a sicker patient,” Tyson said in a speech in Singapore today. The package will have a more pronounced impact in the third and fourth quarters, she added, stressing that she was speaking for herself and not the administration.
Tyson’s comments contrast with remarks made two days ago by Vice President Joe Biden and fellow Obama adviser Austan Goolsbee, who said it was premature to discuss crafting another stimulus because the current measures have yet to fully take effect. The government is facing criticism that the first package was rolled out too slowly and failed to stop unemployment from soaring to the highest in almost 26 years.
Who is Laura D’Andrea Tyson? I know Monster readers want to know.
WASHINGTON (Reuters) – U.S. leaders should be open to the possibility of a second stimulus package to jolt the economy out of a recession still causing job losses, House of Representatives Majority Leader Steny Hoyer said on Tuesday.
Go here to read “Jay Rockefeller Is Coming For the Internet”.
When we saw that video, we KNEW they were coming for our means of communication. For those of you that are just joining the information age, the scenario goes something likes this, and I am paraphrasing as this is by no means the whole time-line. I know my readers are going to add other important events to the list.
In the 1880’s Andrew Carnegie started talking about putting the British Empire and the American Empire together.
1902 – The Pilgrims Society of Great Britain is formed.
1903 – The Pilgrims Society of the United States is formed.
The American aristocracy starts buying into all forms of business and controlling boards.
1910 – The Jekyll Island consortium of NY Bankers puts together the Federal Reserve Act. (Paul Warburg)
1913 – The Federal Reserve Act is passed and the central banking system is set up.
1919 – The League of Nations covenant is written.
1920 – The League of Nations begins.
1921 – The Council on Foreign Relations is formed by Paul Warburg.
The American aristocracy starts foundations, i.e. Carnegie, Ford, Rockefeller.
1929 – The Great Depression starts.
1945 – The United Nations begins.
The American aristocracy starts funding the campaigns of politicians that want to become the American Aristocracy.
The American aristocracy starts running their sons, and later daughters for public office.
The American aristocracy starts institutes, think tanks, and groups funded by the foundations.
The Community Reinvestment Act is amended to allow groups like ACORN to pressure banks with the help of Congress to give loans to people that could NEVER afford them.
The Housing Bubble is created.
Annette Nazareth created the voluntary program intended to supervise large investment banks including Goldman Sachs, Morgan Stanley and the now-defunct Bear Stearns and Merrill Lynch.
AIG and the New York Banks are allowed to grow to immense proportions.
911 occurs and the campaign against the Constitution and civil liberties begins in earnest; i.e. Homeland Security and the Patriot Act.
The Iraq war starts thereby draining the treasury and demoralizing the country.
The housing bubble collapses.
Americans are instantly impoverished and demoralized.
The usurpers-in-charge are put in the White House and the unconstitutional laws continue.
The White House and Democratic Congress with the help of a few traitorous Republicans are jamming through INSANE monetary bills.
Billions of taxpayer money is funneled through AIG to the aristocracy owned banks here and abroad.
Trillions of dollars go from the Fed to the aristocracy’s banks.
The White House and Democratic Congress are trying to pass laws that would require mandatory service, the food police for home gardens among other food producers, and an end to the term limits for the president.
AND WE NOW HAVE Jay Rockefeller of one of the American Aristocracy calling for S773 and S778 along with Olympia Snowe. Please note that the control of the CyberSecurity Czar falls under the control of the Executive Branch.
A bill to ensure the continued free flow of commerce within the United States and with its global trading partners through secure cyber communications, to provide for the continued development and exploitation of the Internet and intranet communications for such purposes, to provide for the development of a cadre of information technology specialists to improve and maintain effective cybersecurity defenses against disruption, and for other purposes.
A pair of bills introduced in the U.S. Senate would grant the White House sweeping new powers to access private online data, regulate the cybersecurity industry and even shut down Internet traffic during a declared “cyber emergency.”
Senate bills No. 773 and 778, introduced by Sen. Jay Rockefeller, D-W.V., are both part of what’s being called the Cybersecurity Act of 2009, which would create a new Office of the National Cybersecurity Advisor, reportable directly to the president and charged with defending the country from cyber attack.
A working draft of the legislation obtained by an Internet privacy group also spells out plans to grant the Secretary of Commerce access to all privately owned information networks deemed to be critical to the nation’s infrastructure “without regard to any provision of law, regulation, rule or policy restricting such access.”
And here is an interesting tidbit I ran across while researching Preston Bush, the granddaddy to the crazy Bush 2 that gave us the Iraq War and the Patriot Act. No copyright infringement here. It explains how and why the Bush family dynasty was welcomed to the inner circle. I can already see how this is going to end, and it is not going to be pretty. We now know the who; the why and the how is becoming more apparent each day.
So fellow Patriots, how do you feel about losing your money, your land, your food, your guns, your means of communication, and YOUR CONSTITUTION?
UPDATE: 4/6/09: Shtuey sent the link and I uploaded it – send it around bloggers (please).
Many of my readers are incredibly well read and informed, yet many passerbys and one-stop travellers are not. For those of my loyal readers, the following video will not spook you too much, but for the uninformed, be prepared and remember that the concept of the New World Order is no longer hiding in the shadows behind the Rockefellers, The Fed, CFR and other organizations. You are hearing the words of King George I, King George II, Bubba, King Hussein, and Gordon Brown. As you watch this video, please remember that the G20 was talking about a single international currency months ago and the upcoming G20 meeting in England will be more than a bit interesting to follow. This past November they committed to cutting taxes worldwide, and are expecting the US to do the same. Has anyone stopped the cocktail parties at the White House long enough to tell Bambi that cutting taxes was on the agenda? Has anybody with a modicum of common sense and good manners taken the time to explain to the Usurpers In Charge that cocktail parties while Americans are losing their life savings, homes and jobs is maybe in really BAD TASTE and the cause of at least one revolution where heads did roll?
…but I digress. Please take the time to watch the whole video as it asks some rather poignant questions about our children’s future near the end, and read on for a special message.
TruthIsGold has asked me to do another radio interview, and as I have been told I did not make a complete fool of myself the last time, I will be talking with Truth tomorrow, Tuesday, March 10th at 10pm eastern about….wait for it…..The Federal Reserve. If you have questions, misconceptions, or are just generally confused about what The Fed is, does, and where it may be going, please join us tomorrow. As soon as there is a link to the actual show program, I will add it to this post. This show may just be the best way to understand The Fed and how the NWO agenda was established almost 100 years ago. This also promises not to make your brain cells scream as much.
Competition is a sin.
I have ways of making money that you know nothing of. The only question with wealth is, what do you do with it? Don’t be afraid to give up the good to go for the great. I always tried to turn every disaster into an opportunity.