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THE EPIC SAUDI FAIL AND THE TRIUMPH OF AMERICAN INGENUITY

Ambrose Evans-Pritchard August 5, 2016

OPEC's worst fears are coming true. Twenty months after Saudi Arabia took the fateful decision to flood world markets with oil, it has still failed to break the back of the US shale industry.

The Saudi-led Gulf states have certainly succeeded in killing off a string of global mega-projects in deep waters. Investment in upstream exploration from 2014 to 2020 will be $1.8 trillion less than previously assumed, according to consultants IHS. But this is a bitter victory at best.

America's hydraulic frackers are cutting costs so fast that most can now produce at prices far below levels needed to fund the Saudi welfare state and its military machine, or to cover OPEC budget deficits.

Scott Sheffield, the outgoing chief of Pioneer Natural Resources, threw down the gauntlet last Thursday (7/28) -- claiming that his pre-tax production costs in the Permian Basin of West Texas have fallen to $2 a barrel.

"Definitely we can compete with anything that Saudi Arabia has. We have the best rock," he said. Revolutionary improvements in drilling technology and data analytics that have changed the cost calculus faster than almost anybody thought possible.

PUTIN AND MRS. CLINTON

Richard Rahn August 5, 2016

Did the Russians hack the emails of the Democrat National Committee (DNC) and Hillary Clinton?

The answer is almost certainly “yes,” but that does not mean that the DNC and other emails were released on behalf of the Kremlin to help Donald Trump. The basis for my skepticism of the charge that the email dumps were ordered by Russian President Vladimir Putin is as follows.

To begin with, I am no fan of Mr. Putin and the Russian government, as I was subjected to Russian-Bulgarian disinformation campaigns; because of my high-profile work on the economic transition in Bulgaria and Russia in the early 1990s; and my expose of Russia payments to members of the Bulgarian Parliament to support the now-abandoned proposed gas pipeline from Russia to Bulgaria 2 years ago.

Consider that the Clintons have been covert financial allies of Mr. Putin for a number of years. They are allies in environmentalism’s war on fossil fuels (the more expensive oil is, the more billions he makes). Consider the New York Times front-page story of April 23, 2015: Cash Flowed to Clinton Foundation Amid Russian Uranium Deal.

So here are some questions to ponder.

ISLAMOPHOBIA IN THE AMAZON

ToThePoint August 5, 2016

News Alert:

An Islamophobic study finds that howler monkeys scream louder when they have smaller testicles

A group of bigoted "biological anthropologists" from England’s Cambridge University have recently come up with a study comparing the size of a howler monkey's vocal tract and the size of his testicles.

To wit, pictures of howler monkeys must have been specifically selected to remind viewers of news footage taken at Moslem Brotherhood rallies and protests. Additionally, the researchers' snide comments further reveal their Islamophobic bias:

HALF-FULL REPORT 07/29/16

Dr. Jack Wheeler July 29, 2016

So it’s come to this. The most powerful, the most moral in its founding principles, the most prosperous and successful nation in the history of humanity has to choose between an egomaniacal buffoon and an evil crook to lead it.

Kafka himself couldn’t dream up the irony. We are forced to choose between two lunacies and it’s a no-brainer. We have to take a chance with the buffoon in order to stop the evil.

Just how evil is the person who has so justly earned the sobriquet of PIAPS – Pig In A Pants Suit? Let me tell you a story….

The bottom line here is that Trump is an amateur, a piker, a nobody in the scandal department compared to Hillary. No matter how much dirt she and the media dump on him over the next three months, it’s a molehill next to the Mons Olympus of Clinton Corruption.

There’s Benghazi-gate and Email-gate among so many others, but the real jaw-dropper is the Clinton Foundation combining treason and greed to a level beyond belief. Here’s a summary from Wednesday (7/27) on the current IRS investigation of the Clinton Foundation….

In my Stillicide article yesterday (7/28), I pointed out that “the best thing Trump has going for him is a lack of fear of envy.” That’s why he’s not intimidated by guilt-mongering and doesn’t pay obeisance to political correctness. It’s the most necessary, albeit not fully sufficient, condition for standing up to the Left.

And Islamofascism. On Tuesday (7/26), two piles of Islamic excrement butchered a Catholic priest in his church in Normandy, France in the name of Allah. In response, French President Hollande vowed to “wage war by every means” upon the Moslems of ISIS. With a Moslem population of 10% (6.3 million out of 63 million) in France, brave words by lily-livered French weenies mean nothing.

It’s worse in Germany because Angela Merkel is the world’s poster child for the fear of being envied. Elsewhere in Europe, however, a revolt against Islamofascism is growing. You’ll be stunned by this photo-essay depicting it…

We close with the morally magnificent achievement of our Hero of the Week.

THE LEFT’S STILLICIDAL STRATEGY TO DESTROY AMERICA

Dr. Jack Wheeler July 29, 2016

Let me introduce a new word into your vocabulary, a word that encapsulates the Left’s strategy to demolish every institution of American culture and the traditional values of American society.

The word is stillicide. The dictionary definition has nothing to do with politics, nor does it refer to some form of killing like suicide, genocide, homicide et al. It refers rather to a physical process derived from the Latin stillicidium: stilla, drops, plus cidium, a declension of cadere, to fall.

Stillicide, stilliciduous, stillicidal thus refer to “a continual dripping of water falling in drops.”

How about that for a light bulb going on in your head?

It sure explains, just to take one example, why race relations in America have gotten worse, far worse, after Zero’s election in 2008.

Why have Zero and his minions in the media done everything they could to divide us on race instead of uniting us, culminating today in the fascist thuggery of Only Black Lives Matter and the murder epidemic of white cops?

Because the hideous secret hidden in every Leftie soul is….

OBAMA’S WAR ALLIANCE WITH IRAN EXPOSED

Struan Stevenson July 29, 2016

For those who thought that America was stealthily pulling out of the Middle East in pursuit of a policy of gradual disengagement pursued by Obama, a shocking truth is beginning to unfold. Far from disengaging, the Obama administration has for some time now actually been forming a de facto alliance with Iran in its war against the Sunni Arabs.

Exploiting the conflict against Daesh (ISIS) as an opportunity to ethnically cleanse the Sunni Arab population of al-Anbar and other provinces in Iraq, the Iranian regime has poured military personnel and resources into the sixty separate and predominantly Shi’ite militias operating in that country.

These militias, commanded by the Islamic Revolutionary Guards Corps Qods Force leader – General Qassem Soleimani – have arrested, tortured, butchered and beheaded many thousands of innocent Sunni men and even boys, during their fight to ‘liberate’ the Iraqi cities of Tikrit, Ramadi and Fallujah.

The next target for the Iranian-backed militias is Mosul, Iran’s second largest city and home to over two million Sunnis. American airstrikes have already begun around the outskirts. An unprecedented human catastrophe will quickly develop unless the West wakes up and exposes Obama’s duplicity.

The only way to combat Daesh (ISIS) is to recruit and engage the Sunni tribes in Iraq. They are best placed to root out the Daesh terrorists who have occupied their homeland for the past two years.

But the Sunni tribal leaders have good grounds to believe that America has now joined forces with Iran to wage war on the Sunni Arabs and they will be reluctant to help a coalition that may inevitably lead to their own destruction at the hands of sectarian Iranian-backed Shi’ite militias.

OIL IS HERE TO STAY AND SO IS THE GLOBAL ECONOMY

Ambrose Evans-Pritchard July 29, 2016

OilinTexas Oil rigs in the Permian Basin of Texas are still being built even at $45 oil, defying shale skeptics

Oil prices have tumbled to a three-month low as surging supply once again exposes the chronic global glut and threatens to perpetuate the energy slump for another year.

US crude contracts crashed through key technical barriers to $42.40 yesterday (7/26) before recovering slightly in late trading on profit-taking. They have fallen by 9% over the last four sessions.

Speculators have given it an extra push. Data from the Commodity Futures Trading Commission in the US shows that 52 hedge funds have taken out large short positions, betting that the summer sell-off still has a further leg to run.

Prices are unlikely to re-test the February lows of $26 when asset prices were tumbling across the world and markets were in a full-blown ‘China panic,’ pricing in a global recession that never happened.

The latest oil tremors reveal little about the underlying health of the global economy, which has so far shrugged off Brexit fears and may be accelerating.

A REGULATORY PLAGUE – IN TEXAS??

Richard Rahn July 29, 2016

All plagues, whether they are biological or destructive policy ideas, begin at some specific place and time. The city of Austin, Texas, is now the place of origin of what could be a very costly experiment. (Yes, Texas – which is a Red State overall, but the people who run Austin, like Houston, are Hyper-Blue –JW.)

Unneeded and ill-considered regulation is annoying, costly and damaging, and it fuels corruption. Those in the political class love to regulate. They love the power regulation gives them over their fellow citizens.

They love the fact that the threat to regulate causes the potentially affected to make campaign donations, or provide speaking fees or gifts to avoid having the regulation imposed.

They love the fact that promising to maintain or “enhance” a regulation causes the beneficiaries (often big business) to keep the payoff money flowing to them.

Those who have jobs in regulatory agencies have many incentives to keep the number of regulations ever-growing as a way of obtaining more job security, status and power. In sum, much of the regulatory apparatus is fundamentally corrupt and destructive. This is what’s happening in Austin.

THE ADVENTURE OF EMPATHY VS. THE FAILURE OF CURIOSITY

Dr. Joel Wade July 29, 2016

Within each of us exists a deeply personal, subjective inner experience. We each have our own DNA, our own history and our own very personal experiences.

We have the stories we’ve created that hold the meaning of our experiences and the feelings that flow from those stories.

We have the choices and actions that have formed our character – and the people, opportunities and relationships that have influenced us, blessed us and challenged us.

Within every person is a world, and our personal worlds are more unique, strange and magnificent than most of us realize. Grasping this can turn our relationships from stale melodramas into rich adventures.

In my work with couples, the most common source of trouble is not grasping this, the cause of which I call a failure of curiosity.

THE HILLARY CHALLENGE

ToThePoint July 29, 2016

HALF-FULL REPORT 07/22/16

Dr. Jack Wheeler July 22, 2016

Back in the HFR saddle again. I can’t thank Jack Kelly enough for his great HFRs while I’ve been gone. Thanks, Jack!

************

One takeaway from the GOP convention – Donald’s speechwriter sure is a lot better than Melania’s. It was delivered strongly with every word clearly articulated, and hit a lot of good notes. The best line was contrasting Hillary’s slogan for her followers, “I’m with her,” with his “I’m with you.”

Here’s the full text as prepared for delivery.

The trillion-dollar question is, Can we trust him to keep all the promises he made – especially when he provides no specifics on just how he’s going to achieve them?

Reuters is reporting that Trump is considering Harold Hamm as his Energy Secretary. Finally, a positive reason and a very good one to vote for Trump, rather than just as a vote against Hillary. Trouble is, there are almost no others. Here are two immediate examples…

Thus it should come as no surprise to you who the HFR Hero of the Week is…

The 2016 Republican Party Platform is 66 pages and worth reading. It even says the Ninth and Tenth Amendments are “the foundations of personal liberty” (p. 22). What Trump needs to pay laser-focus attention to is “Honest Elections and the Right to Vote” (p. 23)…

Libtards never cease to amaze with yet another example of looney tunes fascism. On Wednesday (7/20), we saw the emergence of their latest cause: use government guns to force us to eat less meat, with the audacity to blame our obesity epidemic on it instead of garbage sugar foods…

We close with the Question of November millions of voters must answer for themselves. And then, an enjoyable Best News of the Week.

AMERICA THE BEAUTIFUL

Dr. Jack Wheeler July 22, 2016

This is the Grand Prismatic Spring at Yellowstone. It’s not in some exotic remote place in the world, but right here in America.

You don’t get this view of it from the walkway along side. I was able to take it from a helicopter. Such a view helps you realize how beautifully spectacular America is. It’s that view I’d like to give you now, away from being flat on the ground surrounded by all the garbage of the latest newspaper headlines.

I’ve been asked by a friend whose kids have been raised in Europe to show them the American West, about which they know next to nothing. Their view of the US has been limited to places like downtown Manhattan and Palm Beach. My friend wanted them to experience the staggering grandeur of the West, its extraordinary history – plus the thrilling patriotism and cheerful friendliness of the people who live there.

The kids had the time of their lives, with an appreciation and love for America they’ll never forget. I’d like to share what we saw with you. It will refocus on what America really is – as beautiful, as glorious, as historical, with as decent a people, as any country that has ever existed in human history.

We have every right to be proud of our country, to be proud to be Americans. Let’s experience this together. Enjoy.

THE RAPE OF GERMANY

Daniel Greenfield July 22, 2016

The UN Commission of Experts identified 1,600 actual cases of rape in the Bosnian War that took place in the former Yugoslavia over a period of years. In Germany, 2,000 Moslem migrants sexually assaulted 1,200 women in a single night in cities across Germany.

The former was considered one of the worst war crimes of the decade. Its perpetrators were bombed and then faced war crimes trials. The perpetrators of the latter received a slap on the wrist.

In Cologne, Hassan and Hussein were handed suspended sentences. Hassan, who had demanded that a man hand over two women to him by bellowing, “Give me the girls, give me the girls - or you're dead” was tried as a juvenile offender and was sentenced to community service and an integration course.

That’s because, given a choice between protecting women and sexual predators, the left chooses rapists – if they are Moslem.

THEY WIN WE LOSE

Michael Ledeen July 22, 2016

As I have been saying for quite a while, the terrorists are in a hurry. They know that their free run at their enemies will not last much longer, and so they are eager to grab whatever they can as fast as they can. They expect things will get tougher when the next president takes over in January.

For the moment they expect the Obama administration to make nice to Iran and Russia, Cuba and China, and the other members of the global alliance arrayed against us.

Ergo Nice. And Baton Rouge. And Milwaukee.

There will be more, and I will be surprised if there are not more attacks here in the United States. We are still not fighting to win the war. We are on defense, which is a sucker’s game.

As General Flynn and I wrote in our book “The Field of Fight,” you can’t devise a winning strategy if you can’t define your enemy and his mission. We can’t, because the censors forbid it.

FASCISTS SET SIGHTS ON FIRST AND SECOND AMENDMENTS

Richard Rahn July 22, 2016

CRF9WH Books burning in fire Environmental zealots and the politically correct have become modern-day book burners in their attempts to criminalize and repress the speech of those who disagree with them. The Nazis and other dictatorial regimes used the old practice of book burnings and gun seizures as a way of maintaining control and intimidation. Burning books is most often done to censor materials that the authorities consider to be offensive to the cultural, religious or political order.

In the digital age, it becomes almost technologically impossible to destroy information, even though restrictions on its legal possession and dissemination can be imposed and people can be prosecuted.

In the modern world, those who have power, but not the ability to convince others, often resort to censorship, or attempt to legally or forcibly ban ideas, products, like guns and sugary drinks, or practices that they disapprove of.

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