"Private property is important. It is family wealth that creates community wealth and stands between us and the abyss in emergencies or challenging times. Remove our assets and our access to wealth-building, and we lose our independence and the reserves that make the difference. We lose the entrepreneurial seed corn that creates an enlightened and productive society. If we own nothing in a world with central transaction control, we are no more than slaves."
-- Catherine Austin Fitts, Publisher of Solari Report
Better a poor and wise youth Than an old and foolish king who will be admonished no more. Ecclesiastes 4:13
Question:
Or what king, going to make war against another king, does not sit down first and consider whether he is able with ten thousand to meet him who comes against him with twenty thousand? Luke14:31
Answer:
A king who watches too much FOX TV, reads too many Marvel comics, pays attention to the New York Times, and watches too many Hollywood political thrillers.
The narrow strait is the most important chokepoint for the world's oil supply. Some 21 million barrels — or $1.2 billion worth of oil — pass through the strait every day.
Will a closed Strait hurt Iran? In terms of international oil sales, yes, but in terms of daily life, no. Iran pumps 3.5 million barrels of crude oil per day. The situation at this hour: