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Transcript: So energy is about generating electricity. There you can move pretty quickly into solar and wind. Not only are the costs coming down through better engineering and better scientific development, but also battery technology is improving so you can store it and feed it into the power grid at the time you need it, not just when it’s generated. But on the other hand, there is transportation fuel. And that’s mostly oil. And that’s mostly imported. And that’s what people fight wars about, mostly they don’t fight war about coal, they fight about oil. In the summer of 1973 in Washington, I wrote three reports about the energy crisis for the Pentagon, one of which looked at the impact of being an oil-importing nation on the United Sates. And it was pretty clear even then that this would distort America’s foreign policy, spread lots of money abroad, and might ultimately require us to use U.S. troops to secure access to these energy supplies abroad. Of course that’s exactly what happened.

Q: What would you estimate we’re spending annually on keeping the oil pipeline open? Wesley Clark: Well, it’s 300 billion dollars of US foreign exchange to buy the oil, another 600 billion dollars for the defense budget. Not all of that is directed toward energy but you could say that 150 billion dollars a year we‘re spending on the wars is certainly about oil, directly or indirectly. And you could probably say half of the rest of the defense budget is one way or another connected to stationing troops abroad, trying to protect access to oil, exercises, procurement of equipment. And then you could look at the bill for the Veterans Administration. So this comes out to be half a trillion dollars or more a year, is going to this. It’s been a tragic failure of policy and a failure of US leadership.

Forces of big oil are the most powerful economic forces in the world. If you look at the entire wealth of mankind, the value of oil reserves in the ground is like 170 trillion dollars. It’s the most valuable commodity as currently priced in the world.

Wesley Clark Promotes Internment Of 'Radicalized' US Citizens

ast week, Retired General Wesley Clark, who was NATO commander during the US bombing of Serbia, proposed that “disloyal Americans” be sent to internment camps for the “duration of the conflict.” Discussing the recent military base shootings in Chattanooga, TN, in which five US service members were killed, Clark recalled the internment of American citizens during World War II who were merely suspected of having Nazi sympathies. He said: “back then we didn’t say ‘that was freedom of speech,’ we put him in a camp.”   He called for the government to identify people most likely to be radicalized so we can “cut this off at the beginning.” That sounds like “pre-crime”!   Gen. Clark ran for president in 2004 and it’s probably a good thing he didn’t win considering what seems to be his disregard for the Constitution. Unfortunately in the current presidential race Donald Trump even one-upped Clark, stating recently that NSA whistleblower Edward Snowden is a traitor and should be treated like one, implying that the government should kill him.   These statements and others like them most likely reflect the frustration felt in Washington over a 15 year war on terror where there has been no victory and where we actually seem worse off than when we started. The real problem is they will argue and bicker over changing tactics but their interventionist strategy remains the same.   Retired Army Gen. Mike Flynn, who was head of the Defense Intelligence Agency during the US wars in Afghanistan and Iraq, told al-Jazeera this week that US drones create more terrorists than they kill. He said: “The more weapons we give, the more bombs we drop, that just … fuels the conflict.” Still Washington pursues the same strategy while expecting different results.

Retired U.S. Air Force Gen. Philip Breedlove, until recently the supreme commander of NATO forces in Europe, plotted in private to overcome President Barack Obama’s reluctance to escalate military tensions with Russia over the war in Ukraine in 2014, according to apparently hacked emails from Breedlove’s Gmail account that were posted on a new website called DC Leaks. Obama defied political pressure from hawks in Congress and the military to provide lethal assistance to the Ukrainian government, fearing that doing so would increase the bloodshed and provide Russian President Vladimir Putin with the justification for deeper incursions into the country. Breedlove, during briefings to Congress, notably contradicted the Obama administration regarding the situation in Ukraine, leading to news stories about conflict between the general and Obama. But the leaked emails provide an even more dramatic picture of the intense back-channel lobbying for the Obama administration to begin a proxy war with Russia in Ukraine. In a series of messages in 2014, Breedlove sought meetings with former Secretary of State Colin Powell, asking for advice on how to pressure the Obama administration to take a more aggressive posture toward Russia.

Breedlove attempted to influence the administration through several channels, emailing academics and retired military officials, including former NATO supreme commander Wesley Clark, for assistance in building his case for supplying military assistance to Ukrainian forces battling Russian-backed separatists.

Breedlove did not respond to a request for comment. He stepped down from his NATO leadership position in May and retired from service on Friday, July 1. Breedlove was a four-star Air Force general and served as the 17th Supreme Allied Commander of NATO forces in Europe starting on May 10, 2013. Phillip Karber, an academic who corresponded regularly with Breedlove — providing him with advice and intelligence on the Ukrainian crisis —  verified the authenticity of several of the emails in the leaked cache. He also told The Intercept that Breedlove confirmed to him that the general’s Gmail account was hacked and that the incident had been reported to the government.

If you talk about legacy systems and then a breakaway civilization, the legacy systems were financed with debt and if the resources have basically been shifted out and over into "NewCo" then that's going to be an equity model. We're literally coming into what I consider to be a planetary debt for equity swap. So the question for all of us is how do we navigate the turn? When do you leave the bond market and when does the equity increase occur? We've seen North America equity markets rising and the emerging markets falling this year.

The downing of Russia’s Su-24 bomber by the Turkish Air Force is “one of the nightmare scenarios that military planners had envisaged as a result of Moscow’s decision to enter the conflict,” reports The Financial Times.

In turn, The Washington Post believes that “NATO faced being thrust into a new Middle Eastern crisis… The incident marked a serious escalation in the Syrian conflict that is likely to further strain relations between Russia and the NATO alliance.” The Guardian argues that we’ve witnessed “a nerve-jangling event, that raised the spectre of a direct confrontation between two large powers: one a Nato member, the other nuclear-armed”. While it’s clear that neither Russia nor NATO wants to go to war against each other, each side is trying to deal with the situation and identify the reasons that provoked the recent crisis and, what’s even more important, to establish who’s at fault.

However, to resolve the difficult crisis that followed the destruction of the Russian Su-24 quickly, the West is now searching for those “guilty” of this blatant attack, which is, without a doubt, the Turkish leader – Tayyip Erdogan. It seems that NATO states are not afraid to criticize Turkey for its actions against Russia. Vice-Chancellor of the Federal Republic of Germany and the chairman of the Social Democratic Party of Germany (SPD) Sigmar Gabriel expressed harsh criticism of Turkey after the downing of Russia’s Su-24 bombers by labeling it an “unpredictable player”, reports the German Die Welt. The members of NATO fear that the “impulsive actions” of Turkey’s President will force them into a new major conflict, and NATO is not prepared to fight it yet. These “impulsive actions” may trigger the response that is required by Article 5 of the North Atlantic Treaty. No wonder Hollande, while declaring war against ISIL, made no reference of Article 5, by quoting the EU Lisbon Treaty instead.