According to the laws of supply and demand, which they tell us is what America’s economy functions under, the price of gasoline should be at record lows. For one, it’s the heart of winter when America’s driving habits are at their lowest of the year. Two, this year has been without its typical sub-zero winter storms. Third, the world’s third largest oil exporter, Iran, has cut the price of oil drastically. And fourth, emerging markets like China just announced that do to a continued global recession, demand for oil would be lower than expected. So, why then has the price of gasoline in America skyrocketed to the highest level ever at this time of year?
According to Wall Street, it’s those darn “speculators” again. There isn’t any more demand for oil today than there was yesterday. What has increased is the expectation that a global or regional war in the Middle East is imminent. The past decade has shown that corporate executives and America’s elected officials work together to use our government’s secret intelligence to make millions in personal profits on the markets. Read the November Whiteout Press article, ‘Insider Trading is Legal for Congressmen’ for details. So when oil prices rocket up right before our eyes, literally .10 cents over the course of a two-minute ABC News report, this author wonders what Wall Street knows that the rest of us don’t.
Insider Trading Legal for Congress
November 14, 2011. New York. Most Americans suspect their government is corrupt, but they just can’t prove it enough to put anyone in prison. Similar surveys show that most Americans also believe that US stock markets are also corrupt. Again, they just can’t prove it enough to put people in jail. A recent report by CBS News puts the two accusations together and comes up with the evidence that proves both claims. The shocker – US Congressmen are immune and exempt from insider trading laws, and they’ve been milking their status of being above the law for years, and millions of dollars.
February 29, 2012. Washington. A few days ago, the Los Angeles Times incurred the wrath of numerous pro-war entities, including the US government and the state of Israel. The paper exposed top secret US intelligence assessments stating that the United States government, along with all 16 of its spy agencies, do not believe Iran has a nuclear weapons program, much less the facilities or capabilities to start one.
March 2, 2012. New York. Do an online search for news on the detainment of Treasury Secretary Timothy Geithner exactly one week ago and not a single mainstream news article will be found. With the law closing in, even America’s corporate media appears to be in panic mode. Blacked out since it happened last week, US Treasury Secretary Timothy Geithner was in fact detained and questioned by law enforcement officials in New York.
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