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The Jimmy Dore Show – BBC Reporter Corrects US Media on Venezuela W/Greg Palast

Summary:
Greg Palast is one of my favourites, whose books are so well written and entertaining to read that they are like reading a good novel.He says that with Venezuela it's only about the oil. The Koch Brothers have in Texas  two of the largest oil refineries in the world which can only process the most dirty oil, but Texas has only has very high grade oil. So, the Koch Brothers have been getting dirty tar sand oil from Canada and have been building a pipeline to bring it down - right over the U.S. clean drinking water supply. As Obama was taking too long to build the pipeline, the Kochs backed Trump instead, but the pipeline still hasn't been finished.Hugo Chavez being a good businessman saw he had leverage and so put a premium on the Venezuelan very crude oil he sold to the Koch Brothers,

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Greg Palast is one of my favourites, whose books are so well written and entertaining to read that they are like reading a good novel.

He says that with Venezuela it's only about the oil. The Koch Brothers have in Texas  two of the largest oil refineries in the world which can only process the most dirty oil, but Texas has only has very high grade oil. So, the Koch Brothers have been getting dirty tar sand oil from Canada and have been building a pipeline to bring it down - right over the U.S. clean drinking water supply. As Obama was taking too long to build the pipeline, the Kochs backed Trump instead, but the pipeline still hasn't been finished.

Hugo Chavez being a good businessman saw he had leverage and so put a premium on the Venezuelan very crude oil he sold to the Koch Brothers, which they were not happy about. Hey, that's capitalism, right - price and demand? Anyway, now the brothers are trying to remove Maduro to get the oil cheaper by any method necessary. Well, maybe that's capitalism too.

Britain wanted a cut of the oil for its own oil company, BP, but Maduro said get lost, and right after the UK seized Venezuela's gold. The old imperialist pirates, buccaneers, and bandits are still at it - even after all these centuries. It worked so well in the past, I guess.

Jimmy Dore says the conservatives were conned when they voted for Trump as he told them a pack of lies and then filled the swamp with even more creatures, in the same way he was conned by Barack Obama when he's thought he was going to get someone on the left.  So much for demacracy, hey?

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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