Friday, June 27, 2008

Pay More Now or Pay a Lot More Later?

Pay more now or pay a lot more later is the latest argument to justify the excessive shock-price of oil.

The excessive price is being argued as the free-market function of profit indicating the need for added supply.

It is absolutely no such thing!

The shock-price is not a measure of fundamental value reflecting the long term demand-overshoots-supply dimension. Rather, it is a short term measure on the value of the power to command a price of an overconsolidated capital. It is a way to deflate the economy and empirically define class distinction--the haves and the have nots. The more you are made to suffer, the more you are deprived, the lower your demonstrated class. That is what the shock-price of oil is for; to consolidate wealth and demonstrate class.

Arguing you must pay an excessive price now to avoid an even higher price later is a fraud. The people making the argument fully intend for you to pay a higher price later by deflating the economy (deflating your income) even as the artificial peak-price of oil sells off in a technical correction of its real value. There is no intention to add supply because when the economy recovers (a retrace of the down-phase of the cycle falsely argued as economic growth), the cycle of speculative-demand, peak-oil valuation will be repeated as the latest means of cyclical oscillation in a neo-classical, post-monetarist environment.

People that are made to suffer the consequences of deliberate cyclical compression and decompression of the economy are not demonstrably lower class, you are victim of a fraud in the marketplace!

Deny the frauds, the criminals, the practitioners of the politics of deprivation, access to power. It is your legal right, it is your legal obligation.

If you want to grow your business, if you want sustainable economic growth, join the coalition for Barack Obama and start to command your own fate!

Very best wishes.

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