BILDERBERG BUSTED!

AFP Report:

Global leaders responded on cue to Bilderberg’s orders to stop the rise in oil prices as Saudi Arabia, the world’s largest supplier, promised on June 22 to increase production as needed. “I would like to state that for the remainder of this year Saudi Arabia is prepared and willing to produce additional barrels above and beyond the 9.6 million barrels per day which we plan to produce in July, if demand for such quantities materialize and our customers tell us they are needed,” Saudi Oil Minister Ali al-Naimi told a meeting of officials form more than 30 countries and 25 oil companies.
China promised, on June 19, to dramatically increase domestic fuel prices to reduce demand, which reduce costs. The announcement sent oil prices tumbling on global markets, with traders anticipating that world demand would soften in response to reduced consumption by the Chinese. U.S. crude settled down $4.75, to $131.93 on the NewYork Mercantile Exchange. Iraq officials said they were awarding contracts to several Western companies to help develop its vast resources. Asim Jihad, a spokesman for the Iraqi Oil Ministry, said no-bid contracts would be issued to Royal Dutch Shell, which is always represented at Bilderberg, among others.

UN Secretary-General Ban Kimoon said on June 15 that the king of Saudi Arabia had promised to lower oil prices. Ban spoke with reporters after meeting with King Abdullah in the port city of Jidda during a visit to the world’s largest oil producer. “The king believes that the current oil prices are abnormally high, and he is ready to restore prices to their appropriate levels,” the official Saudi News Agency quoted Ban. The NewYork Times reported on June 14—six days after receiving its marching orders at Bilderberg—-that unnamed analysts and oil traders briefed by Saudi officials said a production increase of about 500,000 barrels per day is planned.

“Saudi Arabia, the world’s largest oil producer, is concerned that sustained high oil prices eventually will slacken the world’s appetite for oil, affecting the kingdom in the long run,” Associated Press reported.

This precisely reflects what Bilderberg said in Chantilly.A Bilderberg speaker from Europe had said: “Are we reaching the point of diminishing returns? People who switch from gas hogs to fuel-efficient, small cars are not going to do an instant about-face. And those who convert to public transportation, many of them, are going to stick with the train or bus. We have seen many middle-class families, who grudgingly accepted $3 a gallon, choose to stay home instead of driving to the beaches or mountains. They’re calling them ‘staycations.’ We all take the long view of history. Will forcing gasoline prices even higher increase profits in the long term? Ford has already shut down production of big cars and has many SUVtypes it can’t give away. Ford will not retool overnight.”

Finance ministers from the Group of Eight weighed in at their meeting in Japan, issuing a joint statement calling for lower oil prices. U.S. Treasury Secretary Henry Paulson, Jr., who had just left the Bilderberg session, called for oil-producing countries to allow more investment in oil exploration and production.

In another blow to Bilderberg’s global ambitions, Irish voters rejected a treaty to make the European Union a superstate by a decisive 53.4 percent to 46.6 percent. A “European Constitution” had been rejected in referendums in France and the Netherlands in 2005. To take effect, all European Union states must approve.

After the “constitution” was rejected, European leaders came up with a shorter version providing for the same envisioned superstate but called it a “treaty.” As a “treaty,” France and the Netherlands did not have to submit it for a vote. But Ireland’s constitution required a referendum and Irish voters chose national sovereignty over a European superstate. “It’s a very sad day for the country and for Europe,” said Justice Minister Brian Lenihan. “It is a great day for Irish democracy,” said DeClan Ganley, a businessman who led the anti-treaty forces. ”This is democracy in action . . . and Europe needs to listen to the voice of the people.”

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