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Dead Constitution
See other Dead Constitution Articles

Title: The Truth About Libya - The Lowest Oil Production Cost In The World
Source: [None]
URL Source: http://rense.com/general93/truth.htm
Published: Apr 5, 2011
Author: By Stephen Goodson
Post Date: 2011-04-05 15:42:51 by HAPPY2BME-4UM
Keywords: None
Views: 299
Comments: 4

The Truth About Libya

Libya produces exceptionally high quality light crude oil and its production cost of $1 a barrel, compared to the current price of $115, is the lowest in the world.

Colonel Muammar Gadaffi is frequently referred to in the media as a "mad dictator" and "bloody tyrant", but do these allegations accord with the facts?

Libya consists of over 15O tribes, with the two main groups, the Meghabra living in Tripolitania in the west and the Wafallah living in Cyrenaica in the east. Previous attempts to unite these tribes by the Turkish (1855-1911) and ltalian {1911-43) colonial rulers failed and the country was split in two for administrative purposes.

Oil was discovered in Libya in 1959, but King ldris of the Senussi tribe allowed most of the oil profits to be siphoned into the coffers of the oil companies. The coup d'etat on 1 September 1969 led by Colonel Gadaffi had countrywide support. He subsequently married a woman from the royal Barqa tribe and adroitly unified the nation.

By retaining Libya's oil wealth for the benefit of all its people, Gadaffi had created a socialist paradise. There is no unemployment, Libya has the highest GDP in .Africa, less than 5% of the population is classified as poor and it has fewer people living below the poverty datum line than for example in Holland. Life expectancy is 75 years and is the highest in Africa and I0% above the world average.

With the exception of the nomadic Bedouin and Tuareg tribes, most Libyan families possess a house and a car. There is free health care and education and not surprisingly Libya has a literacy rate of 82%. Last year Gadaffi distributed $500 to each man, woman and child (population 6.5 million).

Libya has a tolerable human rights record and stands at 61 on the International Incarceration Index, comparable with countries in central Europe (the lower the rating, the lower the standing - the USA occupies the no.1 spot!). There is hardly any crime and only rebels and traitors are dealt with harshly.

Anyone who has read Gadaffi's little Green Book will realize that he is a thoughtful and enlightened leader. Libya has been accused of having committed numerous acts of terrorism in the past, but many of these have been perpetrated by foreign intelligence agencies as false flag operations - the Lockerbie bombing being a prime example.

The CIA and MI6 and their frontmen have been stoking up dissent in the east of the country for almost 30 years. Libya produces exceptionally high quality light crude oil and its production cost of $1 a barrel, compared to the current price of $115, is the lowest in the world.

Riba (usury) is not permitted. The Central bank of Libya is a wholly-owned by the Libyan Government and is run as a state bank, issuing all government loans free of interest. This is in contrast to the exploitative fractional reserve banking system of the West. The no-fly zone and the bombing of Libya have nothing to do with the protection of civilians. It is an act of war ­ a blatant and crude attempt by the oil corporations and international bankers to steal the wealth of Libya.

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#1. To: HAPPY2BME-4UM (#0)

I hate to toot my own horn, but this is what I have been saying all along. I may have said that Gadhaffi looks like a camel at one time, but no-one can deny that!

I want either less corruption or more opportunity to participate in it. Ashleigh Brilliant

angK  posted on  2011-04-05   22:12:53 ET  Reply   Trace   Private Reply  


#2. To: HAPPY2BME-4UM (#0)

It is an act of war ­ a blatant and crude attempt by the oil corporations and international bankers to steal the wealth of Libya.

I think that's pretty obvious to the entire world, except to the average American.


"The real deal is this: the ‘royalty’ controlling the court, the ones with the power, the ones with the ability to make a difference, with the ability to change our course, the ones who will live in infamy if we pass the tipping points, are the captains of industry, CEOs in fossil fuel companies such as EXXON/Mobil, automobile manufacturers, utilities, all of the leaders who have placed short-term profit above the fate of the planet and the well-being of our children." - James Hansen

FormerLurker  posted on  2011-04-05   22:17:37 ET  Reply   Trace   Private Reply  


#3. To: FormerLurker (#2)


I think that's pretty obvious to the entire world, except to the average American.

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY

HAPPY2BME-4UM  posted on  2011-04-05   22:34:54 ET  Reply   Trace   Private Reply  


#4. To: HAPPY2BME-4UM (#3)

About the only person with a halfway reasonable response was the guy at 5:21, who linked Al-Queda to a Masonic Order.

Close.

Beyond that, every other person demonstrated what fluoride in water, mercury in vaccines, and neuro-toxins in food will do to the human mind.


"The real deal is this: the ‘royalty’ controlling the court, the ones with the power, the ones with the ability to make a difference, with the ability to change our course, the ones who will live in infamy if we pass the tipping points, are the captains of industry, CEOs in fossil fuel companies such as EXXON/Mobil, automobile manufacturers, utilities, all of the leaders who have placed short-term profit above the fate of the planet and the well-being of our children." - James Hansen

FormerLurker  posted on  2011-04-05   22:47:06 ET  Reply   Trace   Private Reply  


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