18
edits
Changes
Jump to navigation
Jump to search
SW: →Zion Oil's WorldNetDaily Connection and Joseph Farah: added Farah citations
Lindsey failed to say that he was an owner of fifty thousand shares in Zion Oil & Gas when he published the above statements <ref name="ex9">SEC 10-K filing 12/31/04, [http://www.secinfo.com/d12gpv.v3b.9.htm#1stPage "ZN SEC 10-K filing 12/31/04, EX-9.II"], ''ZN SEC 10-K filing 12/31/04, EX-9.II'', Dec 31, 2004.</ref> and that his own relative, Ralph Devore, owned an eighteen percent share of the company at the time his recommendation was made.<ref>Zion Oil SEC SB-2/A filing, [http://www.secinfo.com/d12gpv.29.htm "Zion Oil & Gas Inc SB-2/A 9/11/03"], ''Zion Oil & Gas Inc SB-2/A 9/11/03'', Sept 11, 2003.</ref> Zion investor Devore (who holds shares in Zion Oil to this day) is the director of Hal Lindsey Ministries and is in fact Hal Lindsey's cousin.<ref>Zion Oil & Gas SEC Filing Ralph Devore [http://google.brand.edgar-online.com/PeopleFilingResults.aspx?PersonID=3801536&PersonName=RALPH%20DEVORE "SEC Filing Results RALPH DEVORE"], ''Zion Oil & Gas SEC Filing Ralph Devore'', Various Dates.</ref>
In 2004 Devore wrote to former Zion CEO Gene Soltero: "I personally believe that over 90% of the shares that have been purchased from our current IPO are due in some way to Hal [Lindsey]’s TV reporting on Zion’s oil exploration activities. On his TV show, Hal openly spoke about John Brown & Zion Oil being an Evangelical Christian organization with Evangelical Christian Leadership!" {{factcite web | author = Zion Oil & Gas 8K filing | url = http://web.archive.org/web/20050217071209/www.zionoil.org/8kjan5.pdf | title = AUGUST 6, 2004 letter from Ralph Devore to Gene Soltero | publisher = archive.org | date = January 5, 2005.}} Evangelicals follow WorldNetDaily closely and it is logical to assume they are essential backers of Zion Oil, even though they must reconcile scientific oil exploration techniques with Creationism. WorldNetDaily also pushed the failed Ness Oil on the investing public, a bankrupt oil company which Hill Schwartz Spilker Keller LLC compared as closest in nature to Zion Oil for purposes of valuing Zion Oil prior to their IPO.<ref>SEC Filing, Zion Oil & Gas Inc SB-2/A [http://www.secinfo.com/d12gpv.v2m.d.htm "Zion Oil & Gas Inc SB-2/A 5/24/06 EX-8.3"], ''Zion Oil & Gas Inc SB-2/A 5/24/06 EX-8.3'', May 24,2006.</ref>
When the WorldNet-Devore link to Zion Oil was publicly discovered by Richard Bartholomew<ref>Richard Bartholomew, [http://barthsnotes.wordpress.com/2005/09/26/give-me-oil-in-my-lamp/ "Give Me Oil in my Lamp"], ''Bartholomew’s Notes on Religion'', September 26, 2005.</ref> Lindsey made no public apology for failing to inform the public of his share ownership in the company he had publicly endorsed, Zion Oil. When Lindsey backed off, political commentator Joe Farah setup oilinisrael.net to push the idea of petroleum reserves under Israel, with much of the site dedicated to information about Zion Oil's exploration.<ref>{{cite web | author = Joseph Farah | url = http://www.oilinisrael.net/ | title = Oil in Israel? | publisher = Joseph Farah | undated }}</ref>
Besides the lack of an SEC disclaimer in pushing Zion Oil, Farah also fails to mention that the "oil in Israel foretold in the Bible" cannot be petroleum because energy-related petroleum products did not exist in Biblical times. The "treasure" in Biblical Israel was olive oil, because olive products were a major stipend in Biblical days, and olive oil was considered to be a treasure from God at the time.
Briefly, Joseph Farah is a right wing activist of Lebanese-Syrian Falangist descent,. {{factcite web | author = Joe Farah | url = http://www.wnd.com/news/article.asp?ARTICLE_ID=51328 | title = All eyes on Lebanon paragraph 24 | publisher = WorldNetDaily | date = August 1, 2006.}} and the former In 1990, Farah became editor of "The the now-defunct Sacramento Union"newspaper,{{fact}} a owned for several years by Gulf Oil Billionaire and financier of right wing newspaper setup by [[think tanks and causes, Richard Mellon Scaife]] (Gulf Oil billionaire) to dilute . Farah co-founded the influence Western Journalism Center with James H. Smith, former publisher of the ''Sacramento Bee''Union. The center accepted $330,000 in donations from Mellon Scaife-connected foundations in 1994-95. The center has been involved in an ongoing lawsuit against the Internal Revenue Service over a tax audit it alleges was politically motivated. Farah is also a member of the secretive Council for National Policy.{{factcite web | author = Terry Krepel, editor | url = http://conwebwatch.tripod.com/stories/primer.html | title = Joseph Farah and WorldNetDaily | publisher = ConWebWatch | date = April 26, 2008.}} Farah is a big proponent of the Barack Obama citizenship conspiracy "Birther" movement, saying, "It'll plague Obama throughout his presidency. It'll be a nagging issue and a sore on his administration, much like Monica Lewinsky was on [President Bill] Clinton. It's not going to go away and it will drive a wedge in an already divided public."<ref>{{cite web | author = Tim Jones | url = http://www.chicagotribune.com/news/nationworld/chi-obama-birth-certificate1dec08,0,7258812.story | title = "Court won't review Obama's eligibility to serve" | publisher = ''Chicago Tribune'' | date = December 8, 2008. }}</ref>
==The Tamar find and Jerome Corsi==
