Dr. MonteithDr. Stanley Monteith, host of Radio Liberty, said on The July 25th Big Finale that oil would drop to the $50 range due to the plans of the Bilderbergers. At the time, oil was over $120. I asked him what the rationale was to drop oil prices that low. His answer was to collapse the Middle East so that they would join the 'new world order.'
Look what is happening in Iran:
Oil price drop undermines stability of Iranian regime
With the price of oil plummeting on world markets, the Iranian government of President Mahmoud Ahmadinejad is confronting a financial crisis that will inevitably bring it into sharp conflict with substantial sections of the population.
The collapse in oil prices from a high of $US147 a barrel in July to less than $65 in trading mid-week is blowing a massive hole in the state budget, 50 percent of which is derived from oil revenues. Oil prices have continued to fall despite an agreement on October 24 by the Organisation of Petroleum Exporting Countries (OPEC) to slash production by 1.5 million barrels.
The projected Iranian budget of $307 billion for the year to March 2009 will have to be financed by a deficit. Estimates of how much the Iranian state will have to borrow range from $7 billion to as high as $50 billion.
Now, I know the typical American response is, "Yeah, those guys deserve it!"
My response:
1. If this price is manipulated, how much satisfaction do we get from puppet masters who pull strings so that innocent citizens in Iran starve?
2. If the purpose of this manipulation is to shore up the New World Order, how much satisfaction is there to be derived from failure in the Middle East?
You can check out the July 25th interview archive of Dr. Monteith (where he makes this bold prediction) at: http://www.gcast.com/user/TheBizzleShow/podcast/tbf
