Alternative Value Destruction

The command and control of our economy, domestically and internationally, is largely being executed through the manipulation of energy prices.

Following the deflation of demand (demand-side economics that is the primary tool of a command capitalist economy) causing a global recessionary trend, the next phase is to destroy the value of the alternative supplies that have been directly supported by the price of oil.

The retrace in energy prices, and commodities generally, is a cyclical phenomenon that is the invention, the deliberate construct, of a command economy that has nothing to do with free-market fundamentals. It is not the legitimate product of a free-market pluralism that can be legitimately defined as the "natural" occurence of fundamental market dynamics that can be called the general will or welfare. Arguing this cycle as the product of market fundamentals is patent perpetration of a fraud.

Today, for example, with the probability of predicting the path of a cylone in the Gulf of Mexico being nearly zero, and OPEC declaring that our fundamental scarcity of oil is adequately supplied, the command price of energy markets is clearly indicated and decidedly confirmed as the price of oil falls under conditions for price support.

OPEC's "declaration" that supply levels will be maintained should be a reason for price support, not resistance, under scarce conditions. Destruction of the rate of substitution with a price being compressed to below $100 per barrel is in progress to give the demand side of the market less elasticity (demand-side command and control of markets).

The price of energy inputs is not the product of a fundamental market scarcity. It is the product of a fundamental fraud that is the sure product of a consolidated, non-pluralistic, organizational model. It both defines the problem and the solution that demands the political will required to change it.

Obama/Biden 2008!

Very best wishes.