Analyst's note: You absolutely must watch this video and carefully consider its message. The coming energy crisis and our foreign policies have been and continue to be predicable. As a results, our very national security is at risk.
Our physical, political, and economic freedom are actually one. Our national solution is NOT found in an international one-world government. We are self-governed and must remain so or America will cease to exist. Stupid policy decisions by both parties continue to lead to really bad outcomes.
We continue to buy oil from those in OPEC .... those who don't like us very much. Why? The double-dip recession is now insight as we continue to try to borrow our way out of debt. And we continue to spend.
The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.
These countries were later joined by Qatar (1961), Indonesia (1962), Socialist People’s Libyan Arab Jamahiriya (1962), the United Arab Emirates (1967), Algeria (1969), Nigeria (1971), Ecuador (1973), Gabon (1975) and Angola (2007).
From December 1992 until October 2007, Ecuador suspended its membership. Gabon terminated its membership in 1995. Indonesia suspended its membership effective January 2009.
Currently, the Organization has a total of 12 Member Countries.
The OPEC Statute distinguishes between the Founder Members and Full Members - those countries whose applications for membership have been accepted by the Conference.
Armed with the truth, I still believe the American people will make the right decisions.
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"The third class of Beck U’s new semester is available NOW On Demand only on GBTV.com. In Beck U: The Economic Consequences of Ideology, we unravel the web of intrigue that is the Middle East’s oil production and how that affects America and the rest of the world. [....]
