May 11, 2010 — Dean Henderson
It was a tumultuous week. The Dow plunged nearly 1,000 points in 20 minutes on Thursday. One would have to assume that Goldman Sachs is sending Obama and the Senate Banking Committee a message. Greek revolutionaries burned a bank and still the Federal Reserve funnelled billions in US dollar swaps to bail out (this time) European bankers, whilst these same IMF banksters imposed a set of draconian Third World austerity measures on the people of Greece.
But the perfect metaphor for the global corporate shenanigans run quite haphazardly from the City of London bankster lair, is the ongoing bad movie in the US Gulf of Mexico, where hundreds of thousands of gallons of oil per day have continued to gush into Gulf waters since an April 20 explosion claimed the lives of 11 workers while threatening an entire ecosystem.
Today British Petroleum-Amoco-ARCO (BP) traded jabs with Halliburton-Kellogg, Brown & Root and Transocean-Global Sante Fe (mergers ad nauseum) as to who should be blamed (read pay for) this monumental display of arrogance and greed. That’s more than a few white-gloves pointing at one another.
In 1928 Sir John Cadman of BP held a little meeting at his Achnacarry, Scotland castle. In attendance were Sir Henry Deterding of Royal Dutch/Shell, later an avid supporter of Adolf Hitler; Walter Teagle of Exxon, who later shipped chemicals to the Nazis; and William Mellon of Gulf Oil, which is now part of the ChevronTexaco abomination.
The Achnacarry Agreement divided the world’s oil reserves among the Four Horsemen (see my Big Oil & Their Bankers… book). BP and Shell, the Rothschild faction of the Horsemen, took over the Iraqi Petroleum Company and the Iranian Consortium, while Exxon, Mobil, Chevron, Texaco and Gulf Oil, the Rockefeller wing of the Horsemen, became Saudi ARAMCO. By 1949 BP and RD/Shell controlled 52% of Middle East oil, while the American Horsemen controlled 42%.
Between 1931-1933 this Cartel ruthlessly cut the price of East Texas crude from $.98/barrel to $.10/barrel, ruining many independent Texas wildcatters. Those who survived were put under a strict production quota system which still exists today. Meanwhile the Cartel moved its operations to the cheap labor pastures of the Middle East, putting thousands of US oil workers out of jobs in Texas and Louisiana. US taxpayers have been funding Middle East wars for these welfare oil barons ever since. If you want to blame someone for our dependence on foreign oil, blame BP and the their Cartel pals.
BP bought Amoco, then Arco in 1999, becoming a 72% owner of the Alaskan Pipeline. In late 1998 a series of BP emails revealed plans to “short the West Coast market”, by diverting US oil to Asia. The company wanted to create “West Coast uplift scenarios” and gouge US consumers. In late June 2006 BP was accused of trying to corner the US propane market. BP is also one of the world’s biggest bauxite producers, with big mines in Jamaica.
BP has interlocking board directorates with British old money companies such as Hudson Bay, Kleinwort Benson, Jardine Matheson, HSBC & P & O Nedlloyd Shipping- the world’s biggest port operator. The Warburg-family controlled Deutsche Bank, JP Morgan Chase and Wells Fargo are large share holders, along with the Rothschilds and the European royals.
BP is the biggest deep water driller in the world. For days we’ve heard them pointing fingers, and watched while first they dumped toxic “chemical dispersants into the Gulf and later a “garbage plug”. This incident is now a national security issue. The US military needs to step in and stop this leak. We should not waste one more second depending on BP to deliver. They will not. The Gulf of Mexico belongs to We the People of the United States GOVERNMENT! The BP corporate inmates running the asylum should be arrested and charged. Their oil leases should be revoked. Our national security depends on it.
About the author:
Dean Henderson was born in Faulkton, South Dakota. He earned an M.S. in Environmental Studies from the University of Montana, where he edited The Missoula Paper and was a columnist for the Montana Kaimin. His articles have appeared in Multinational Monitor, In These Times, Paranoia and several other magazines.
A life long political activist and traveler to fifty countries, Henderson co-founded of the University of Montana Green Party and the Ozark Heritage Region Peace and Justice Network. He is former Vice-President of the Central Ozarks Farmer’s Union and former President of the Howell County Democrats.
In 2004 he won the Democratic nomination for Congress in Missouri’s 8th District.
Dean’s Books Available in print and e-book formats:
Big Oil & Their Bankers in the Persian Gulf…
The Grateful Unrich: Revolution in 50 Countries
Dean Henderson is the author of Big Oil & Their Bankers in the Persian Gulf: Four Horsemen, Eight Families & Their Global Intelligence, Narcotics & Terror Network and The Grateful Unrich: Revolution in 50 Countries.
His Left Hook blog is at http://deanhenderson.wordpress.com/category/left-hook-columns/
Dean Henderson is a frequent contributor to Global Research. Global Research Articles by Dean Henderson: http://www.globalresearch.ca/index.php?context=listByAuthor&authorFirst=Dean&authorName=Henderson