[Rhodes22-list] Shocking Truth - Reply to well educatedslim(political)

TN Rhodey tnrhodey at hotmail.com
Wed Sep 13 14:34:38 EDT 2006


Brad,

I do agree with you here.....oil is just a commodity and the price is 
influenced in the same manner as most commodities. To think Bush could 
control the world market is silly.

Wally


>From: "Brad Haslett" <flybrad at gmail.com>
>Reply-To: The Rhodes 22 mail list <rhodes22-list at rhodes22.org>
>To: "The Rhodes 22 mail list" <rhodes22-list at rhodes22.org>
>Subject: Re: [Rhodes22-list] Shocking Truth - Reply to well 
>educatedslim(political)
>Date: Wed, 13 Sep 2006 10:55:45 -0500
>
>Would someone, anyone, please explain to me how a President or political
>party could get all major oil companies and refiners to lower their prices
>temporarily to influence politics. Do the foreign owned companies who sell
>in the United States, LukeOil from Russia for example, work in lockstep 
>with
>the Republican party?
>
>Don't you think that at least one company or refinery wouldn't play along?
>If Bush had the power to change crude prices, wouldn't it have made sense 
>to
>have done so when he was still in the oil business instead of having to 
>sell
>out because oil dropped to $11 per barrel?
>
>This is silly!
>
>Brad
>
>
>
>
>
>
>On 9/13/06, DCLewis1 at aol.com <DCLewis1 at aol.com> wrote:
>>
>>
>>Wally,
>>
>>Re Ed's statements related to liberals=>socialism=>communism,
>>you're  right,
>>it's Ed.  There are elements of liberalism that do map to socialism  and
>>communism, and elements of socialism that map to communism, but the
>>mapping  is by
>>no means complete or direct.  For example, there is no dictatorship  of
>>the
>>proletariat in socialism or liberalism.   To map  Ed's logic to another
>>political system, there are elements of democracy  (the concept of tyranny
>>of the
>>majority) that map to tyranny, so if you are for  democracy your for
>>tyranny,
>>right?  I don't think so.
>>
>>Re Ed's comment "Understand that non government controls does not allow
>>unjust enrichment through price fixing and monopolies."
>>This is patently  wrong, the government files multiple price fixing
>>complaints and suits against  businesses each year.  The single biggest
>>deterrent to
>>price fixing is the  knowledge that the businessmen involved will find
>>their
>>butts in the pokey -  it's got nothing to do with the free market.  Trust
>>me, if
>>they can rig the  market, they will.  It's only Sept, there are still 3
>>months
>>left in 2006,  do a Google search using "price fixing 2006", see the list,
>>count the pages of  price fixing cases.
>>
>>Re Ed's comment "It merely means that the highest bidder gets the gallon
>>of
>>gas." what he forgot to mention was that the seller could also just
>>withhold
>>selling the gallon to even the highest bidder - which means he'll get
>>whatever  price he sets or he won't sell.  If the commodity is
>>non-discretionary (and
>>gas is largely a non-discretionary commodity for most people) the seller
>>will  get whatever price he wants - OPEC has figured this
>>out.  Pharmaceutical
>>companies with patented drugs have figure it out also.
>>
>>I expect to see gas prices rise after the elections.  It will be a
>>coincidence, of course.  Alternatively, prices may stay low, but if  they
>>do it will be
>>because conventional oil suppliers are concerned that  alternatives (e.g.
>>ethanol and tar sands) can be brought online to  displace demand.  Either
>>way,
>>the price is not controlled by the  highest bidder, it's a business
>>decision
>>made by the supplier who understands  the bidder has to buy at whatever
>>price he
>>sets short of the price that will  make other alternative energy sources
>>viable.
>>
>>Dave
>>
>>
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