USA National Debt and Oil Galore!

        U.S. NATIONAL DEBT CLOCK shows that The Outstanding US Public Debt as of 30 Apr 2011 is over $14.29 trillion. The estimated population of the United States is 310,481,671 so each citizen’s share of this debt is $46,023.88. The National Debt has continued to increase an average of $4.03 billion per day since September 28, 2007!
If you think that the National Debt of the USA does not concern you, you could not be more wrong. The National Debt of Great Britain also concerns all of us in Great Britain. If you think that that does not concern you, you could not be more wrong.

A celebrated national debt “clock” near Times Square had to be rebuilt to allow for the extra digit. Of the $14.27 trillion national debt, some $4.62 trillion is money the government owes itself — mostly money borrowed from Social Security revenues. Without it, the “debt held by the public” is $9.65 trillion. According to Obama administration figures, just over $3 trillion of the $14.27 trillion debt can be attributed to Bush-era tax cuts, the wars in Iraq and Afghanistan and the Medicare prescription drug program. Stimulus spending by Obama and tax cuts he signed into law accounted for about $600 billion through last Sept. 30. If there are no changes in government policies, the debt will soar to $18.76 trillion by 2014 and $20.8 trillion by 2016, according to administration projections. –Source Let us suppose the whole thing slipped up suddenly, your Pension was not paid into your Bank, your Income ceased to happen, whether from an employer or the State, what would you do then. Eat grass? Without income you could not buy your food, without gasoline (petrol) you could not travel to work or to the Supermarket. Without electricity you could not even have central heating, let alone use your computer or watch TV. You think that could not happen. Wake up! We already have mad men driving us all to destruction. We already have mad men in the UK leading us to a position where we will have no Electricity! As our coal-fired stations are phased out we will all have to depend on Wind Turbines.  You think this could not happen? We are lead by ignoramuses, who are determined that it will happen.

Now I will tell you the good news. In the USA they have in the last few months discovered a vast oil field, the Bakken. The reserves are enormous, stretching from North Montana into Canada. They have enough reserves for some 2,000 years and more! That is not just good news for Americans, but for you and for me. Why have you not heard this good news shouted from the housetops? Why has it not been a headline in every national newspaper?  Because this is the best news since the Royal Wedding that happened yesterday.
The reason is that in every country including the States, we have a band of ignoramuses intent on hari-kari – that is, intent on destroying the economies of the Western World. We have fanatics here in England, there are supreme ignoramuses in the USA, and a crew bent on self-destruction presently governs Australia.
The economy of a country does matter to you and to me. That is why the news from the USA is so important. Their new reserves are 8 times those of Saudi Arabia; 18 times those of Iraq; 21 times those of Kuwait; 22 times those of Iran and 500 times those of the Yemen.
And shall I tell you why I so confidently talk about ignoramuses?  It is simple. There are those in high places who are so illiterate that they cannot distinguish between an Element and a Gas. Carbon is an Element of the Periodic Table. Diamonds are Carbon, Graphites are Carbon. We humans are 18% carbon by volume. Yet we have websites and politicians urging us all to watch our Carbon Footprints. That is just ignorant nonsense.
But what they mean to say is Carbon Dioxide. You know what Carbon Dioxide is? I will tell you. It is those winking little bubbles you can see in Sparkling Water, in Asti Spumante, in Coca-Cola, and in beer. It is colourless and odourless. It is used in commercial greenhouses to promote growth. We humans and all animals and bacteria inhale Oxygen and exhale Carbon Dioxide. If we want to preserve the Amazonian forest we need more Carbon Dioxide not less.
It is not black, grey or brown. Above all it is not smoke!
You think I am joking. I’ll bet that many of you still believe all that propaganda to the effect that we are pouring billions of gigatonnes of a noxious matter into the atmosphere. Well, think again. 97% of Carbon Dioxide is produced naturally, from the warm oceans, from outgassing from the soil and rocks. And who says so? The IPCC!
Handel had it right. “For we like sheep have been lead astray.” We are victims of the most massive scam that has ever happened in the history of the world.
So back to the good news – you see that massive debt that every American has round his neck, which is literally throttling them?  With this new oil-field America could in 5 minutes become free from its indebtedness. It could kick-start the economies of the Western World. It could stop burning food. Yup, burning corn for bio-fuels. It could incidentally help the rest of the world, known as the Third World. Uncle Sam would be rich and that would be good for all of us, for Peace and everything.
As long as the little people, with little minds, the Lilliputians, as long as they do not bind this Gulliver, we can, through God’s Grace, look forward to a Golden Age.
Anthony Bright-Paul
April 30th 2011.

PS

How much oil does the U.S. have in the ground?

In the Bakken Oil Field just recently discovered the USA have 8 times the crude of Saudi Arabia; 18 times as much oil as Iraq; 21 times as much as Kuwait; 22 times as much as Iran; and 500 times as much as Yemen.

The U. S. Geological Service issued a report in April 2008 that only scientists and oil men knew was coming, but man was it big.  It was a revised report (hadn’t been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota, western South Dakota, and extreme eastern Montana ….. check THIS out:
The Bakken is the largest domestic oil discovery since Alaska’s Prudhoe Bay and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable( 5 billion barrels)… at $107 a barrel, we’re looking at a resource base worth more than $5…3 trillion.
“When I first briefed legislators on this, you could practically see their jaws hit the floor. They had no idea.” says Terry Johnson, the Montana Legislature’s financial analyst.
“This sizable find is now the highest-producing onshore oil field found in the past 56 years,” reportsThe Pittsburgh Post Gazette.  It’s a formation known as the Williston Basin , but is more commonly referred to as the ‘Bakken.’  It stretches from Northern Montana , through North Dakota and into Canada .  For years, U. S. oil exploration has been considered a dead end.  Even the ‘Big Oil’ companies gave up searching for major oil wells decades ago. However, a recent technological breakthrough has opened up the Bakken’s massive reserves….. and we now have access of up to 500 billion barrels.  And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL!
That’s enough crude to fully fuel the American economy for 2041 years straight.  And if THAT didn’t throw you on the floor, then this next one should – because it’s from 2006!
U. S. Oil Discovery- Largest Reserve in the World
Stansberry Report Online – 4/20/2006
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world. It is more than 2 TRILLION barrels.  On August 8, 2005 President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted. With this motherload of oil why are we still fighting over off-shore drilling?
They reported this stunning news:  We have more oil inside our borders, than all the other proven reserves on earth.. Here are the official estimates:
- 8-times as much oil as Saudi Arabia
- 18-times as much oil as Iraq
- 21-times as much oil as Kuwait
- 22-times as much oil as Iran
- 500-times as much oil as Yemen
- and it’s all right here in the Western United States .
HOW can this BE? HOW can we NOT BE extracting this? Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people dictate our lives and our economy…..WHY?
James Bartis, lead researcher with the study says we’ve got more oil in this very compact area than the entire Middle East -more than 2 TRILLION barrels untapped.  That’s more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.
Don’t think ‘OPEC’ will drop its price – even with this find?  Think again!  It’s all about the competitive marketplace, – it has to. Think OPEC just might be funding the environmentalists?
Got your attention yet?  Now, while you’re thinking about it, do this:
Pass this along.   If you don’t take a little time to do this, then you should stifle yourself the next time you complain about gas prices – by doing NOTHING, you forfeit your right to complain.
Now I just wonder what would happen in this country if every one of you sent this to every one in your address book.
By the way…this can be verified. Check it out at the link below!!!
GOOGLE it, or follow this link.  It will blow your mind.  http://www.usgs.gov/newsroom/article.asp?ID=1911