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The public considered fair game by Robber Barons, Speculators and Bankers
by barra Wednesday, Sep 10 2008, 10:19pm
international / social/political / commentary

All is not well in dumbfuck park

Government regulators once controlled the degree to which the public could be robbed by big business -- the fear of social unrest, or political repercussions were the two principal moderating factors. However, today’s public has been taught to eat shit and like it! Armed with obscene amounts of extorted cash, powerful speculators brazenly fix oil prices and the value of other commodities via unregulated speculative markets. Recent oil price rises clearly highlight the fact and expose the gambit.

Oil suppliers around the globe were able to meet ALL ORDERS and demands for supply so the spike in price had nothing whatsoever to do with supply shortages! The first lie to be exposed is that “supply and demand govern price in a ‘free’ market” – BULLSHIT! But before proceeding I would liken the ‘free’ market in western capitalism to the ‘equality’ in eastern socialism/communism. Most are familiar with the scornful retort to socialist equality, ‘everyone is equal but some are more ‘equal’ than others;’ similarly in the west the ‘free market’ is freer for some and downright rigged for others.

The whole world is now aware that financially bloated SPECULATORS GOVERN THE PRICE OF ANYTHING THEY CHOOSE TO PROFIT FROM! You will learn that economists are LIARS who hide behind jargon and double-talk to sell the notion of a free and fair market!

The recent spike in the price of oil was the DIRECT result of a CONCERTED EXERCISE IN PURE SPECULATIVE GAIN by SPECULATORS, ROBBER BARONS AND LARGE FINANCIAL INTERESTS.

Speculators, flushed with obscene amounts of cash – market ‘freedom’ is purchased today – traded the price of oil back and forth until it reached $150 per barrel at which point the public and some economic commentators began to cry foul. Politicians fearful of the repercussions began to make noises like they really cared; they ‘warned’ speculators not to push their luck – the extraordinary thing is that all of this was played out in the public arena and it didn’t trigger a revolution, never mind, maybe next time; I know your head hurts! Upward price pressures were then relaxed and the public was left to pay the bill and what a whopper it was – every cent extracted at the pumps from a very servile, shit-eating public.

Why the public allows itself to be robbed by market manipulation I do not know; I will ask the next sheep I see, baa ‘aaa?

The lesson learnt is opposite that taught in academies, schools and universities -- ‘the market is a self-regulating mechanism governed by the ‘balancing’ forces of supply and demand!’ What a croc of manipulation and corruption they teach as fact.

How did it all come to this in only a few short decades? Simple, the public allowed (bought) politicians to legislate and act in the interests of TRANSNATIONAL CORPORATIONS, BANKERS and ‘ROBBER BARONS’ – look them up in the top 100!

Two or three decades earlier bankers (together) arranged to run a credit economy and began implementing the means -- prices up, real wages down! They convinced politicians of the benefits of a population enslaved by crushing DEBT; the people would be far more compliant and less trouble if enslaved in this way, they would be loath to lose what little comforts they possessed by jeopardising the means of debt servicing -- for most, a low paying job! Bosses universally applauded the scheme. Workers fearful of losing their jobs were far more obedient and compliant than the well-heeled workers of the past, who readily ‘walked’ when treated unfairly. It was a corporate and bosses dream come true, while it lasted.

The factor everyone forgot was the avarice of those reaping the benefits of this new credit economy. Credit itself began to increase in value – a mind numbing rationale -- and was traded for higher and higher prices until some pig farmer questioned the ‘value’ of credit – which of course is actually in the minuses! Well, the rest you know as the sub-prime credit/mortgage crisis and it has only just begun. At this moment it looks like bringing down the entire lying, thieving, manipulated, CAPITALIST system. Hence the NEED to extract LOST finances from poor ol’ slave Joe average -- once again! What are beasts of burden for anyway, moo oo?

Banks have been increasing interest rates to cover losses sustained in the ‘credit market’ – they lose, we pay -- what a great job, where do I apply? I can fuck things up as good as any banker and then ask the public and government to bail me out! But it ain’t gonna work no more, too many pig farmers have woken up. This time the machine is irreparably BROKEN.

I urge every fool who continues to ‘invest’ in a thoroughly manipulated AND FAILING market to divest IMMEDIATELY and re-invest in REAL ASSETS that you manage DIRECTLY. Leaving your hard earned money in the hands of a failing system is nuts today – but there are some who continue to literally COUNT on your stupidity, duhh!

When poor Joe average asks what happened to his life savings he gets jargon to comfort him, the ‘sub-prime’ did it or there’s been a severe ‘downturn’ etc; notice how 'investment houses' never state the facts, ‘I LOST YOUR MONEY AND I AM LIABLE FOR THE LOSS! No way, anything fair and legal would never be stated by Banks or fund managers, BUT NOTICE HOW QUICK THEY ARE TO RESORT TO THE LAW WHEN IT’S IN THEIR INTERESTS! How does it feel, chump?

Don’t complain you had the opportunity to vote for real representative government but you fell for the lies and fear tactics, enjoy your shit sandwich, dummies!

When you default just tell the judge the sub-prime did it and like the banks you are not liable for the loss; then ask the government to bail you out!

As we say down here, ‘fair fuckin’ go!’

http://news.bbc.co.uk/1/hi/business/7604753.stm