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June 6, 2008 at 23:08:13

What is the cause of the word-wide rise in oil and food prices?

by ibrahim turner     Page 1 of 3 page(s)

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What is the cause of the word-wide rise in oil and food prices?

By Ibrahim Turner

· Searching for ‘truckers strikes over high fuel prices’

338,000 entries from Google.

· Searching for ‘fisherman’s strikes over high fuel prices’

336,000 entries.

· Searching for ‘food riots over high prices’

710,000 entries.

· Searching for ‘demonstrations over high prices for food’

2,980,000 entries.

· Searching for ‘articles about high oil prices’

85,900,000 entries.

The world price of oil hit another record today at $138 a barrel.

Many of these articles blame the high prices on speculators on ‘oil futures’ gamblers on Wall Street and stock exchanges around the world. Morgan Stanley predicts $150 a barrel by July 4th.

What is going on here? Why are speculators, who lost billions in the last fiasco of sub prime mortgages racket, being allowed to drive up oil and food prices into another bubble? Where the hell are the regulators? Oh that’s right, oversight has been whittled away, at least in America by pressure from these same ‘bankers’, with a capital ‘W’ on Congress, who of course own shares in oil, munitions, and Monsanto, the Genetically Modified Seed and Food Giant Corporation.

What a crock! What a blatant and absolute fraud!

 1  |  2  |  3

 

A well traveled and slightly worse for wear 72 year old Englishman; widower, several children and grandchildren and a penchant for wondering 'what is the hidden agenda' in almost everything I read. A keen interest in American culture (an oxymoron?) (JOKE!) and politics and an international world view, except where I haven't got first hand experience of the parts of the world I have not visited. Editor of some books about the Qur'an and Islam. Teacher of English in little known countries like Mauritania, Istanbul, Turkey and Morocco.

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A well traveled and slightly worse for wear 72 year old Englishman; widower, several children and grandchildren and a penchant for wondering 'what is the hidden agenda' in almost everything I read. A keen interest in American culture (an oxymoron?) (JOKE!) and politics and an international world view, except where I haven't got first hand experience of the parts of the world I have not visited. Editor of some books about the Qur'an and Islam. Teacher of English in little known countries like Mau...

to see more of bio, click on member name
ibrahim turnerA well traveled and slightly worse for wear 72 year old Englishman; widower, several children and grandchildren and a penchant for wondering 'what is the hidden agenda' in almost everything I read. A keen interest in American culture (an oxymoron?) (JOKE!) and politics and an international world view, except where I haven't got first hand experience of the parts of the world I have not visited. Editor of some books about the Qur'an and Islam. Teacher of English in little known countries like Mau...

to see more of bio, click on member name

Don't believe it?

Listen to Ron Paul videos on You Tube about the federal reserve.

When the people wake up, the Bankers will not sleep easy in their beds, nor will they feel safe in their gated communities. 

by ibrahim turner (25 articles, 24 quicklinks, 5 diaries, 168 comments) on Saturday, June 7, 2008 at 6:56:15 AM
 

Hater of Nazis above all. Hobbies include activism, military model building, military history, exciting and vital conversation with retired crooks. Retired
John HanksHater of Nazis above all. Hobbies include activism, military model building, military history, exciting and vital conversation with retired crooks. Retired

The rich.

The rich do not steal for money.  They take because they can.

by John Hanks (1 articles, 0 quicklinks, 0 diaries, 1047 comments) on Saturday, June 7, 2008 at 4:35:10 PM
 

I am a retired civil servant. I was an electronics technician.
BarkerI am a retired civil servant. I was an electronics technician.

I agree

As a rabid conservative, I oppose Socialism and Fascism.  What we see in America is Fascism, government-sponsored corporatism.

 This is not the free market.  If it were, peasants in Africa would be incorporating and playing the stock market.  If this were the free market system, military contracts would be bidded on instead of given to the highest briber.

I believe in capitalsim - for everyone.   I want every citizen of the world the same opportunity.  When I see the starving Africans, I want to call my two stockbrokers and my accountant and get them started in business.

 The Right claims that corporations produce wealth.  The Left makes the same claim as the Right, that corporations produce wealth for the owner and executives.

I propose that eveyone become their own corporation.  Then we would all be wealthy.

by Barker (0 articles, 0 quicklinks, 0 diaries, 109 comments) on Saturday, June 7, 2008 at 9:09:15 PM
 

64 year old retired factory worker. Lifetime democrat; now a member of the Ron Paul revolution.
ronheri64 year old retired factory worker. Lifetime democrat; now a member of the Ron Paul revolution.

Thanks Mr. Turner

I'm five years your junior and have been a life long union factory worker, who has just recently (2yrs. ago) woke up to the fraud of the Federal Reserve. I like most Americans always thought the word "Federal" ment it was under the control of the U.S. government. The eye opener for me was watching Aaron Russo's, "America Freedom to Fascism", which is available on You Tube. When Ron Paul entered the race for President, I immediatley began to support him, and joined a local Ron Paul meetup group. We still conduct meetings and yesterday had a showing of Freedom to Fascism at a local theater. Millions of Americans are now being educated as to the fraud being foisted on them by this criminal banking cartel. It is our hope to bring our Constitution back and rid the planet of this evil group of bankers. In closing, I say thank you sir!

by ronheri (0 articles, 0 quicklinks, 0 diaries, 123 comments) on Sunday, June 8, 2008 at 11:06:32 AM
 

 

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