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09.18 'Terrifying' New Climate Models Warn of 6-7°C of Warming by 2100 If Emissions Not Slashed

09.17 New Report Details 10 'Critical Transitions' to Tackle the Climate Crisis and Feed the World

09.16 Common pesticide makes migrating birds anorexic [Neonicotinoids, again...]

09.16 ACT plans far-reaching electrification of vehicles and homes in drive to reduce emissions

09.16 'Like a sunburn on your lungs': how does the climate crisis impact health? [Important]

09.16 $1m a minute: the farming subsidies destroying the world [Important]

09.15 German Study: Alarming Levels of Dangerous Plastics in Children's Bodies

09.15 Sea levels may rise more rapidly due to Greenland ice melt

09.15 The world has a third pole – and it's melting quickly

09.14 Not Just the Bees, First-of-Its-Kind Study Shows Neonics May Be Killing Birds Too [A GESTALT: Like happened at Boeing, deregulation has displaced scientific and engineering professionalism in many companies and governments to focus on profits/economics almost exclusively. But after similar failure of scientific rigor, die-off reports of bees, worms and sea-life, generally, there must be a moritorium on production, sale and use of all potentially dangerous chemicals!]

09.13 Trump Rollback of Key EPA Water Protection Rule Denounced as 'Callous' and 'Immoral' Giveaway to Big Polluters

09.13 Worms fail to thrive in soil containing microplastics – study

09.13 Dolphins in Channel carry 'toxic cocktail' of chemicals [What is safe to eat?]

09.11 How Can We Address Climate Change Through Agriculture? [3:43 video]

09.11 New solar tech could revolutionise electricity production

09.11 'It can kill you in seconds': the deadly algae on Brittany's beaches

09.10 How to look after your mental health

09.10 Who’s Ready for the Electric Moped Moment? [Uses car lanes instead of sidewalks!]

09.09 The Climate Investment That Promises 400 Percent Returns

09.09 Suicide rates are rising across the US, especially in rural areas

09.08 Blend solar panels with agriculture, new study recommends

09.08 Before Hurricane Dorian, Charleston Already Had a Flooding Crisis

News Media Matters

09.16 From Voice of America to NPR: New CEO Lansing's Glass House

09.15 'No Policy, No Facts, Just Displays of Violence': Ocasio-Cortez Says Hysterical Ad Proves GOP Has No Response to Progressive Vision [0:30 video]

09.14 Sanders Campaign Hits Back Against 'Dishonest' Biden Attack on Medicare for All [The facts don't lie, but America's media totally does lie when paid by advertisers to distort single-payer as more expensive: 1:35 video]

09.12 Media bias is OK – if it's honest [‘It should be obvious that there can’t be such a thing as a neutral journalist.’]

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US Politics, Policy & 'Culture'

09.18 Why Trump Can’t Learn: An Educated Guess by a Veteran Teacher [Might dyslexia explain the Republican party, generally?]

09.18 'Heartless and Unconscionable': Outrage as General Motors Cuts Off Healthcare for 50,000 Striking Workers [Hideous corporate behavior putting 50,000 families at greater health and bankruptcy risk.]

09.18 Whole Foods Will Cut Health-Care Benefits for Nearly 2,000 Employees [Hideous corporate behavior putting 2,000 families at greater health and bankruptcy risk.]

09.18 US healthcare is booming. So why do one in five workers live in poverty?

09.18 Greta Thunberg to Congress: ‘You’re not trying hard enough. Sorry’

09.17 'The silenced': meet the climate whistleblowers muzzled by Trump

09.17 Democrats have long blamed 'culture' for black poverty. Joe Biden is no exception

09.17 The Guardian view on the future of work: share out the benefits

09.16 America is stuck with Brett Kavanaugh

09.16 Sanders Responds to Biden's Praise for Pharma Companies: 'Their Behavior Is Literally Killing People Every Day'

09.15 'Americans are waking up': two thirds say climate crisis must be addressed

09.15 The Plutocratic War on People: Centrists and Conservatives are Ignoring the Giant Elephant in Our National Living Room

09.14 The U.S. Health-Care System Found a Way to Make Peanuts Cost $4,200

09.14 California church leaders 'used homeless as forced labour' [A coarsening of public behavior...]

09.14 Taco Bell customer who was treating homeless group to meals says she was kicked out of restaurant [A coarsening of public behavior...]

09.14 We Asked Prosecutors if Health Insurance Companies Care About Fraud. They Laughed at Us.

09.14 Elizabeth Warren’s Health Care Plan Still Leaves a Lot of Unanswered Questions

09.14 Medicare for All Would Cut Poverty by Over 20 Percent

Justice Matters

09.14 NY AG uncovers $1 billion in Sackler family wire transfers amid opioid probe: report

09.12 'Decades of Progress Are at Stake' as Trump Reaches 150 Lifetime Judicial Appointments and Right-Wing Court Takeover Accelerates

09.12 JUSTICE SOTOMAYOR ISSUES SCATHING DISSENT TO SUPREME COURT'S ASYLUM RULE DECISION: THE STAKES 'COULD NOT BE HIGHER'

09.11 Former top FEMA officials arrested on fraud charges in Puerto Rico

09.09 The great break-up of Big Tech is finally beginning [Facebook and Google effectuate the evil of data analytics]

High Crimes vs. Human Rights
Economics & Corrupt Capitalism

09.12 The insidious ideology pushing us towards a Brexit cliff-edge

09.12 Boeing's travails show what's wrong with modern capitalism

International & Futurism

09.18 If the world ran on sun, it wouldn’t fight over oil [1:45 video]

09.17 ONLY A GREEN NEW DEAL CAN DOUSE THE FIRES OF ECO-FASCISM

09.17 The Guardian view on Modi’s 100 days: trashing lives and the constitution

09.17 The Observer view on the threat posed to Israel by another Benjamin Netanyahu victory

09.17 For Palestinians, Israel’s elections promise nothing but defeat

09.17 I now look back on my 20 years of climate activism as a colossal failure

09.17 The world ignored the warning signs – and now the Middle East is on the brink

09.16 EXCLUSIVE: Iranian drones launched from Iraq carried out attacks on Saudi oil plants

09.16 'We walk with our heads high': the women who care for country by fighting fire with fire

09.16 Inheritance tax would be scrapped by the Brexit party – good news for the very rich

09.16 Tunisian exit polls suggest shock victory for political outsiders

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  Thinking About Chess--and the Global Economy

Economic Analysis:

Thinking About Chess—and the Global Economy

by Fred Cederholm
Since the Great Depression of the 1930’s, we have witnessed the evolution of a new dichotomy in the battle of the two kings. I refer to the US Dollar and oil.
I’ve been thinking about chess. Actually I’ve been thinking about diversions, gambits, “the Bourse,” and, winning. A forensic accountant—or any thinking person—looks at the who, the what, the when, the how, the how much, and the how many to get to the WHY. It’s the why that’s most important. What is the real objective, and what means are necessary to get there? In America’s recent presidential campaigns, it has boiled down to: “It’s the ..., stupid!”

While the origins of chess are unknown, it is traditionally believed that the game began in Indo-Persia, or China. It is a truly complex game of strategy played on many levels. It is virtual warfare played on a game board of sixty-four squares. Every move can be critical and each move has the potential for altering the game forever—affecting the final outcome. The pieces are symbolic and the value of each piece—be it pawn, rook, bishop, knight, or queen—literally changes with each move. Chess requires intellect, vision, focus and the ability to assess/adapt.

In chess and global affairs, there is really only one king, and that king must be free to move and to dominate everything else on the board/planet. The one true king of the planet transcends individuals, nation states, or governmental collectives. Since the Great Depression of the 1930’s, we have witnessed the evolution of a new dichotomy in the battle of the two kings. I refer to the US Dollar and oil. What will be the one true “King of the World"?

You can’t fire the souls of the masses to shed the blood of their sons and daughters for the supreme interests of the central bankers versus petroleum moguls. You need the diversion of a Judas goat.

It may seem crass to reduce everything which has happened in the past three-quarters of a century to a battle between the buck and black gold for world supremacy, but think about it—and particularly think about our current crises/situations. You can’t fire the souls of the masses to shed the blood of their sons and daughters for the supreme interests of the central bankers versus petroleum moguls. You need the diversion of a Judas goat with terrorism, weapons of mass destruction, nuclear Armageddon, or the promise of free elections becoming the pawns, rooks, knights, and bishops in rallying world opinion, the troops, and their families. Chess and world domination by one true king are played/sought by a series of gambits, or games/scenarios, within the overriding ultimate game. The political and economic gambits change with each new move, the stakes keep rising, and the pace keeps accelerating. I find it particularly of interest that global attention (and action) is once again focused on the chessboard of the Middle East—one of the two perceived origins of the game of chess itself.

Sometime within the next 64 days, the Tehran Bourse will commence, and it will feature the Euro as the transactional currency of choice for the sales. This is not only a threat to the US Dollar’s monopoly status as the official currency of OPEC, but will challenge the US Dollar’s ultimate kingship as the world’s reserve currency.

Sometime within the next 64 days, the Tehran Bourse will commence. This exchange will make Iran the main hub for oil, gas, and petrochemical deals in the region. And that region is the mother-lode of the planet’s known oil/energy reserves. More importantly, “the Bourse” will feature the Euro as the transactional currency of choice for the sales. This is not only a threat to the US Dollar’s monopoly status as the official currency of OPEC, but will challenge the US Dollar’s ultimate kingship as the world’s reserve currency. It becomes the current gambit in the chess match for supremacy of the one store of value versus the other.

Now “honestly” targeting Iran to stop “the Bourse” and circling the wagons around the US Dollar just is not going to cut it as far as justification in the court of world opinion. It will not rally the troops, nor will it prepare their families for the loss and sacrifices to come. Once again, we will see the false Judas goats of terrorism, weapons of mass destruction, nuclear Armageddon, or the promise of free elections on the parade banners and in the political rhetoric. Will “behind-the-words analysis” of the themes emanating from Bush’s Jan. 31 State of the Union message support my chess metaphor?

In chess, the losing king is never actually captured; the “winner” rather puts the opponent/adversary in a position whereby he cannot make a move without self- destructing. The game ends when one king finds himself effectively “amBUSHed” in whatever action he might choose to take. In this game of chess, who will succeed as “King of the World”—the US Dollar, or oil?

I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.


Copyright 2006 Questions, Inc. All rights reserved. Fred Cederholm is a CPA/CFE, a forensic accountant, and writer. He is a graduate of the University of Illinois (B.A., M.A. and M.A.S.). He can be reached at asklet@rochelle.net.


Copyright © 2006 The Baltimore Chronicle. All rights reserved.

Republication or redistribution of Baltimore Chronicle content is expressly prohibited without their prior written consent.

This story was published on January 31, 2006.

 

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