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Stormin Mormon[_10_] Stormin Mormon[_10_] is offline
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Default OT - To Stormin Mormon

On 11/7/2013 10:06 AM, RobertMacy wrote:

To me, the most frightening aspect is that the petroleum industry a long
time ago learned that it could raise the rpice with impunity, ...by
simply removing the gasoline for a while. Price went from ?? to $2
instantly, yet very few stations were burnt to the ground, and no one in
Congress was voted out.

Of course the justification for the increase was the instability in the
MidEast. Ok, so then if the crude cost so much, why did the top seven
oil companies then post the most outrages profits in history? Even as
they tried to shovel the money into tax exmpt investments, so they
subtract from those profits? What did they do with that money, they
bought farmland, like you would NOT believe. Of corse all the farmers
encouraged to 'borrow' easy money from govt sources with promises of
fortunes and promptly removing most subsidies further reducing profits
until many, many famers got into financial troubles and were foreclosed
on and HAD to sell. Making farmland readily available at incredibly low
prices.

Now, oil companies armed with the knowledge that it is possible to raise
the price of a 'necessary' commodity to any level by simply removing it
for awhile have bought a huge percentage of food source lands... One
must wonder whether the same technique to increase profits will happen
after becoming completely entrenched in food source supply. And, let's
add a few laws to prevent people from growing their own food and you
have an interesting scenario.

Even utilities do not seem to be exampt from the effect. After moving to
AZ and being surprised at the cost of electricity; I noticed a pattern.
Everytime the evening news carried people complaining about the high
cost of electricity; we suddenly had power outages. Outages that lasted
about two hours, just long enough to panic you, but not so long as to
lose fridge and frozen foods, ...and no more talk about the high price
of electricity.



Never let a good crisis go to waste. And if you don't
have one, make your own. Always a way to make the public
do what you wanted them to do.

--
..
Christopher A. Young
Learn about Jesus
www.lds.org
..