Don't you realize this wouldn't happen if the United States made sure there were no poor people in the middle east.
Yerusalyim
JoinedPosts by Yerusalyim
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178
US Hostage, Paul Johnson, Beheaded
by DevonMcBride inhttp://www.cnn.com/2004/world/meast/06/18/saudi.kidnap/index.html report: u.s. hostage beheaded al arabiya says new video shows killing
friday, june 18, 2004 posted: 1:38 pm edt (1738 gmt) .
(cnn) -- an arabic tv news network said friday that american hostage paul johnson jr. has been beheaded by his saudi captors.
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178
US Hostage, Paul Johnson, Beheaded
by DevonMcBride inhttp://www.cnn.com/2004/world/meast/06/18/saudi.kidnap/index.html report: u.s. hostage beheaded al arabiya says new video shows killing
friday, june 18, 2004 posted: 1:38 pm edt (1738 gmt) .
(cnn) -- an arabic tv news network said friday that american hostage paul johnson jr. has been beheaded by his saudi captors.
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Yerusalyim
Tale,
Here's why OPEC was founded,
The Organization of the Petroleum Exporting Countries (OPEC) comprises countries that have organized for the purpose of negotiating with oil companies on matters of petroleum production, prices, and future concession rights. The members, which constitute a cartel, agree on the quantity and the prices of the oil exported. The OPEC headquarters is situated in Vienna, Austria. OPEC seeks to regulate oil production, and thereby manage oil prices, in a coordinated effort among the member countries, especially through setting quotas for its members. Member countries hold about 75% of the world's oil reserves, and supply about 40% of the world's oil.
Since worldwide oil sales are denominated in U.S. dollars, changes in the value of the dollar against other world currencies affect OPEC's decisions on how much oil to produce. For example, when the dollar falls relative to the other currencies, OPEC-member states receive smaller revenues in other currencies for their oil, in turn causing substantial cuts to their purchasing power, because they continue to sell oil in the U.S. dollar.
OPEC decisions have a large influence on world price of oil. A good example of this in action was the oil shock following the Yom Kippur War which led to fourfold increases in the price which lasted five months, starting on October 17, 1973 and ending on March 18, 1974. Also, OPEC nations agreed on January 7, 1975 to raise crude oil prices by 10%.
Unlike many other cartels, OPEC has been successful at increasing the price of oil for extended periods. Much of the success of OPEC comes from the willingness of Saudi Arabia to tolerate cheating on the part of other cartel members and to cut its own production when other members go over theirs. This actually gives them good leverage, since with most members at full production, the Saudis are the only ones with spare capacity and the ability to increase supply if needed.
The policy has been successful in the past, causing the prices of oil to rise to levels that otherwise are not reached by raw materials, but only by industry products. However, OPEC's ability to raise prices has some limits. An increase in oil prices decreases consumption and could cause a net decrease in revenue. Further an extended rise in price can encourage systematic behavior changes such as the use alternative energy solutions or increased conservation.
Leading up to the 1990-91 Gulf War, Iraqi President Saddam Hussein advocated that OPEC push world oil prices, thereby helping Iraq and other member states service debts.
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HOW TO KEEP AWAKE DURING THE ASSEMBLY!!!
by Mary inwell it's assembly time borgs and borgettes......are you planning on attending this year??
are you ready to fall asleep by 9:55am when the opening song and prayer are over?
wonder how you'll ever make it to 5 o'clock without falling into a coma?
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Yerusalyim
Hilarious! Glad I never had to suffer through one of these.
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18
Russia informed US of Iraq Attack Plans
by confusedjw inby raushan nurshayeva .
astana, kazakhstan (reuters) - russian president vladimir putin, in comments sure to help president bush, declared friday that russia knew iraq's saddam hussein had planned terror attacks on u.s. soil and had warned washington.
putin said russian intelligence had been told on several occasions that saddam's special forces were preparing to attack u.s. targets inside and outside the united states.
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Yerusalyim
For the love of pete people.
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18
Enron Traders Caught On Tape
by William Penwell inenron traders caught on tape
cbs news
(cbs) when a forest fire shut down a major transmission line into california, cutting power supplies and raising prices, enron energy traders celebrated, cbs news correspondent vince gonzales reports.
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Yerusalyim
The Bad Guys here are Enron...and let's not let the former governor of California off either...Bush and Clinton both had a chummy relationship with ENRON execs...I honestly don't blame either for this...but the beuacracy for letting it happen.
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Yerusalyim
Reagan and the two Roosevelts... Teddy and Franklin
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16
Language problem
by Eddy inis somebody here from germany, or do we all have to learn "english" for.
going to paradise ?
it seems, that the gb decided so !.
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Yerusalyim
I was never a JW, so I never LEFT the JW's, So, I'm still going to Heaven. Don't sweat knowing or not knowing a language, God translates all prayers he receives into Hebrew anyhow.
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Any one out there been diagnosed with bipolar?
by Lehaa ini've just started being treated for bipolar disorder, used to be called manic depression.
medication i'm now (lexapro) on seems to be working really well.
i do worry about how my being bipolar will effect my kids.
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Yerusalyim
My wife is Bi-Polar, amongst other issues she has....I can NOT emphasize enough...TAKE THE MEDS FAITHFULLY, even when you feel better. Once you take yourself off meds and have your inevitable crash, it takes about a month of being on the meds again to hit a level of living that is comfortable.
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It?s official!!! The Olson Twins are Legal!!!
by Elsewhere in.
the dream of many men has come true... over the weekend they turned 18!
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Yerusalyim
I'd rather have Zelma Hijac and J. Lo for an evening than the pixie twins...that's just me though...they remind me WAY too much of my neice for me to think them "hot"....YUCKIE!
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108
Sad News...
by Sentinel inmy mom had her valve replacement and triple by-pass surgery today.
the operation lasted five hours, and they had just gotten her to her room at 8:00pm when she went into cardiac arrest.
the doctor tried everything, even opening up her chest and massaging her heart.
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Yerusalyim
Sorry...My prayers and thoughts are with you and yours. Michael