Nexus - 1701 - New Times Magazine-pages

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Project Censored's Top 25 News Stories means that when US financial speculation and deficit payments pump “paper” into foreign economies, hese banks have little option but to recycle it into US Treasury bills and bonds—which the Treasury then spends on financing an enormous, ostile military build-up to encircle he major dollar-recyclers: China, apan and Arab OPEC oil producers. The largest, most important foreign entities putting "their money" into the US are central banks, and it is not heir money at all. They are sending back the dollars that foreign exporters and other recipients turn over to their central banks for domestic currency. The US economy can create dollars freely, now that they no longer are convertible into gold or even into purchases of US companies. Consequently, the US remains the world's most protected economy. most biodiverse and intact rainfores' on Earth, may soon be covered with oil rigs and pipelines. Vast swaths of the region are to be opened for oi and gas exploration, putting some of the planet's most pristine and biodiverse forests at risk, conservationists have warned. A new study has found that at leas’ 35 multinational oil and gas companies operate over 180 oil and gas "blocks" (areas zoned for exploration and development) which now cover the Amazon in Bolivia, Colombia, Ecuador, Peru and western Brazil. The western Amazon is also home to many indigenous ethnic groups, including some of the world's last uncontacted peoples living in voluntary isolation. Growing global demand is stimulating unprecedented levels of new oil and gas exploration and extraction—and the threat of environmental and cultural devastation. co expensive and destructive dam and water diversion projects as well as public-private partnerships (PPPs) that put water services under private ownership. PPPs in Argentina, Bolivia, El Salvador, the USA and other countries have resulted in huge price hikes, water pollution, depletion and cut-offs. This year's Forum issued a communiqué that describes access to water as a "basic human need" rather than a human right, despite efforts by dissenting Latin American countries, France and Spain to introduce the right to water. They were reportedly blocked by Egypt, Brazil and the USA. 24. Dollar Glut Finances US Military Expansion The worldwide surplus of US dollars is forcing foreign central banks to bear the costs of America's expanding military empire. Keeping international reserves in “dollars” 25. Fast-tracked Oil Exploitation in Western Amazon The western Amazon, home to the NAZI SECRET WEAPONS REICH OF THE BLACK SUN Nazi Secret Weapons & the Cold War Allied Legend by Joseph P. Farrell hy were the Allies worried about an atom bomb attack by the Germans in 1944? Why did Hitler in 1945 insist that holding Prague could win the war for the Third Reich? Why did US General George Patton's Third Army race for the Skoda works at Pilsen in Czechoslovakia instead of Berlin? Why did the US Army not test the uranium atom bomb it dropped on Hiroshima? Why did the Luftwaffe fly a non-stop round trip mission to within twenty miles of New York City in 1944? Arguing that Nazi Germany actually won the race for the atom bomb in late 1944, this book explores the even more secretive research the Nazis were conducting into the occult, alternative physics and new energy sources. To order, visit: www.nexusmagazine.com Nazi Secret Weapons & the Cold War Allied Legend by Joseph P. Farrell To order, visit: www.nexusmagazine.com NEXUS ¢ 79 Continued from page 19 REICH OF THE BLACK SUN DECEMBER 2009 - JANUARY 2010 www.nexusmagazine.com