RUTHFULLY YOURS

Many states are having gubernatorial elections in 2014…..New York is one….The present governor Andrew Cuomo occasionally pretends to be a tax reformer but will not approve of fracking which could save the state’s blighted economy. Robert Astorino is his opponenet and deserves to win. Cuomo is also running on the Working Families Party as are many candidates for Congress in the state. Their motto: http://workingfamilies.org/states/new-york/ “Working Families is New York’s progressive political party. The Working Families Party is focused on tackling the political, economic, and educational inequality that deprive working and middle class families of opportunity. Our vision is to build a New York that is fair for all of us, not just the wealthy and well-connected.” Cuomo should be fired by New York’s voters…..rsk

At a recent town hall meeting in Edmond, Oklahoma, local citizens gathered to discuss the possible connection between fracking and increased seismic activity in their area. According to one published report, members of the audience left “disappointed” that no consensus had been reached linking fracking and seismic activity. According to the same report, many in the audience appeared to be “hostile to the oil and gas industry.” Even in this most oil-friendly of states, it seems, there is a rush to judgment linking fracking to every conceivable sort of damage.

Although fracking has been around for fifty years, only recently have technological advances made its widespread use economically feasible. Now fracking is reviving the entire American economy by providing efficient fuel for new industries and slashing energy costs for consumers. By 2015, the U.S. will begin exporting natural gas, most of it produced by fracking.

No wonder the left is furious. Anything that promises to restore American greatness drives leftists crazy. Their dream of global socialism, with America brought down to the bottom of the heap, is at risk, and they have responded by targeting America’s oil and gas industry.

Having tried unsuccessfully to link fracking to groundwater contamination, opponents have turned their attention to the potential link between fracking and earthquake activity. The problem is, even scientists who normally align with the left now admit that hydraulic fracturing itself does not and cannot cause earthquakes. The only unresolved question is whether wastewater injection, a byproduct of current fracking procedures, may contribute to increased seismic activity.

Clearly, the left is engaged in an all-out effort to smear the oil and gas industry by spreading misinformation and fostering confusion – such as ignoring the difference between fracking itself and wastewater injection. The intent of this effort is to cripple the U.S. economy by depriving it of an efficient and reliable source of energy. The ultimate goal, as always, is to strip America of its sovereignty and subject it to the will of a communist world order. The energy industry stands in the way of this agenda, as does every other industry operating within the free market.

Mrs. Clinton agrees income inequality is a problem and then explains why it’s not.

Media reaction to this week’s Hillary Clinton interview with the German magazine Der Spiegel has focused on her humorous claims of poverty at the time she and husband Bill left the White House. But perhaps most interesting are Mrs. Clinton’s thoughts on Thomas Piketty’s “Capital in the Twenty-First Century.”
The nearly 700-page screed against income inequality has become the Bible of the political left, even though hardly anyone reads it. (University of Wisconsin math professor Jordan Ellenberg recently used e-book usage data to proclaim Piketty’s tome “the summer’s most unread book.”)

It’s good people aren’t wasting their time, for as Martin Feldstein noted in these pages, Mr. Piketty’s thesis rests on “a flawed interpretation of U.S. income-tax data, and a misunderstanding of the current nature of household wealth.”

But despite the book’s failure to advance public understanding of economics or to command reader attention, it remains a political powerhouse. And that’s why Mrs. Clinton’s comments on Mr. Piketty’s ideas are significant.

In the Spiegel interview, Mrs. Clinton at first agrees that income inequality is “threatening democracy.” But when pressed on the subject of her own gargantuan compensation, she goes in another direction:

“SPIEGEL: The average annual income of an American household is $43,810… You earn up to $200,000 an hour for a speech. Can you understand if people are bothered by that?

“Clinton: Well, certainly, I can understand that, but that’s never been the crux of the concern in our country, because we’ve always had people who did better than other people. That’s just accepted. The problem is that people on the bottom and people in the middle class no longer feel like they have the opportunity to do better. The question is, how do we get back to having an economy that works for everybody and that once again gives people the optimism that they too will be successful.”

The war that is wreaking havoc in Syria and Iraq, the carnage that Bashar al-Assad is perpetrating against his own people, the proclamation of an Islamist caliphate by an ultra-fanatic terrorist organisation with expansionist designs, Iran’s badly-hidden designs to develop the nuclear weapon, and the frustration of the Arab-Muslim populations with their rulers, have profoundly altered the geopolitical power game in the Middle East.

In the new setup, scapegoating Israel for the region’s woes is no longer the handy, catch-all device that, for several decades, it used to be.

For starters, a number of enemies of Israel – whether governments or terrorist organisations – are deeply engaged in a bloody Shiite vs Sunni inter-sectarian fighting in which Israel-bashing is of little or no use.

Furthermore, the military advances of the terrorist organisation Islamic State of Iraq and al-Sham (Isis), and its control of large swathes of Iraq and Northern Syria, concentrates the attention of global and regional players. A wide range of governments in the Middle East – some more than others – fret about the intention of Isis to redraw in its favor the geopolitical landscape of the region.

Isis may not be able to maintain its territorial gains for long. Its military victories may collapse as swiftly as they were achieved. But the menace that it represents for the stability of the Middle East will not disappear any time soon.

Threatened by that Damocles sword, some of the region’s regimes, among the moderate ones, may be tempted to seek or accept the cooperation of Israel in their fight against that common enemy. As regards Iran’s nuclear-weaponizing intentions, rumour has it that talks are underway between Saudi Arabia and Israel on how to deal with that danger.

This helps understand the statement made by Israel’s Foreign Minister, Avigdor Liberman, indicating that “Today, there is a basis for the creation of a new diplomatic-political structure in the Middle East”.

The Palestinian leadership can hardly be delighted with these developments. Add to this the fact that demonising Israel – as governments of the region lavishly used to do in order to divert international and domestic attention away from their own failures – has ceased to arouse the support it mobilised in the past.

And the proof of the pudding is in the eating: the “flotillas to Gaza”, which anti-Israel militants organised three summers in a row, have faded away. What is intriguing, and raises questions about the inner motives of the sponsors of those convoys, is the fact that no flotilla has been dispatched to the rescue of Syria’s civil population.

NEW YORK (Reuters) – Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate estimates that depend on uncertain factors ranging from progress in drilling technology to the availability of financing and the price of oil itself.

Forecasts for U.S. shale oil production vary from an increase of 7.5 million barrels per day by 2020 – almost doubling current domestic output of 8.5 bpd — to a gain of 1.5 million bpd, or less than half of what Iraq now produces.

The disparities are a function of the novelty of the shale boom, which has consistently confounded forecasts. In 2012, the U.S. Energy Information Administration (EIA) estimated that production from eight selected shale oil fields would range from 700,000 bpd of so-called tight oil to 2.8 million bpd by 2035. A year later, those predictions had been surpassed.

“The key issue is not whether production grows, it’s by how much,” said Ed Morse, global head of commodities research at Citigroup in New York. “We’re only at the beginning of the first inning and this is a nine-inning game.”

The stakes couldn’t be bigger, ranging from the multibillion-dollar investments needed to explore and drill to oil supply issues that go to the heart of U.S. foreign policy. Relations with countries ranging from Iraq and Iran to Russia, Ukraine, Libya and Venezuela are colored to one degree or another by the question of energy.

The U.S., a nation transformed by the 1973 Arab oil embargo, could become energy independent by 2035, according to bullish forecasts from BP Plc and the International Energy Agency. Coupled with growing output from oil-rich neighbors, the continent has a growing shield from supply shocks.

“Looking at North America, including Canada and Mexico, we’re much more politically stable,” said Lisa Viscidi, program director of the Inter-American Dialogue in Washington.

Still, many drillers have found that healthy forecasts of oil in the ground don’t guarantee it can be economically extracted.

Fatah has several hundred militiamen in the Gaza Strip, some of whom are members of the Palestinian Authority security forces, who continue to receive their salaries from Western governments.

At least two Fatah armed groups announced that they had started firing rockets at the “settlements” of Ashkelon and Sderot, cities inside the pre-1967 borders of Israel, with another Fatah group claiming responsibility for firing 35 rockets into Israel since Sunday.

So far as Abbas is concerned, “it all started when Israel fired back” in response to hundred of rockets fired at Israel from the Gaza Strip during the last few days. He seems concerned that if the world hears about the role of Fatah in the rocket attacks, the news will affect Western financial aid to the Palestinian Authority, which dominated by Fatah.

Palestinian Authority President and Fatah head Mahmoud Abbas on Monday called for an “immediate cessation” of Israeli air strikes on the Gaza Strip.

But Abbas stopped short of calling for an end to rocket attacks on Israel, an omission of what triggered the current round of fighting.

Instead of calling on his partners in the “national consensus” government — Hamas — to stop their rocket attacks on Israel, Abbas appealed to the international community to “intervene” to stop the Israeli “escalation.”

So as far as Abbas is concerned, “it all started when Israel fired back” in response to hundreds of rockets that were fired at Israel from the Gaza Strip during the past few days.

Why did Abbas refrain from condemning or calling for an end to the rocket attacks?

First, Abbas does not want to anger Hamas by issuing a condemnation of its rocket attacks. Such a condemnation would certainly lead to the collapse of the “reconciliation accord” that his Fatah faction signed with the Islamist movement last April.

Video: Jamie Glazov on Obama’s Islamist Odyssey
Frontpage’s Editor explains why a Radical-in-Chief romances America’s deadliest enemies.
http://www.frontpagemag.com/2014/frontpagemag-com/video-jamie-glazov-on-obamas-islamist-odyssey/