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the debt ceiling explained in apocolyptic beastial context...the beast being the oil biz in manipulative pricing frenzy

 
irkutz
User ID: 56937566
United States
05/25/2023 07:26 PM
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the debt ceiling explained in apocolyptic beastial context...the beast being the oil biz in manipulative pricing frenzy
in 1998 oil was down to a record low of about $8.00 a barrel..and in that year, by no coincidence, there was no budget balance argument between the lefties and the righties(dems and repubs)..

the bean counters told us that if the price of oil would have stayed at 8 for ten years, in addition to no budget argument, the trillion or so national debt would have been retired whcih means we would not need the fed which is, for the most, a private central petrobank as all the money we would need to run the government could have been handled thru taxation...

we could have then got to work eliminating the real estate based inheritance taxation getting that straightened out by taxing the inheritance of oil stocks which have been left untouched for along time..

now rather than going thru all that, the global, trustbusting, soon to be power of siberia supply and demand price, will straighten it all out for us regular folks..and we thank you for your support..
Anonymous Coward
User ID: 85887473
05/25/2023 08:24 PM
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Re: the debt ceiling explained in apocolyptic beastial context...the beast being the oil biz in manipulative pricing frenzy
Yes, 86 gas at sunoco was .79 in 1998. The price of oil should have continued low as consumption increased and production became more efficient. But the you know whos made sure that didnt happen.
Anonymous Coward (OP)
User ID: 56937566
United States
05/25/2023 09:12 PM
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Re: the debt ceiling explained in apocolyptic beastial context...the beast being the oil biz in manipulative pricing frenzy
Yes, 86 gas at sunoco was .79 in 1998. The price of oil should have continued low as consumption increased and production became more efficient. But the you know whos made sure that didnt happen.
 Quoting: Anonymous Coward 85887473


it would have never been bet down to 8 a barrel if they didn't know that there was plenty of supply around the world, in THIS case the caspian oil which was freed up after the 1991 soviet breakup, freeing itself up from underneath the stalinst sitdown..stalin was an organizer for the caspian sea oil workers and worked for rothschild oil, a key to the price fixing gang...he got his seat in exchange for the sitdown...

after the 91 breakup the gang began the process of reacquistion, returning most of energy into sitdown mode which drove the price up to a record high from a record low..it hit 150 a barrel in 2008!..since that time its a matter of kicking the can down the road for the manipulators thru destabilization events like covid 19, the ukranian war, and the numerous school shootings and massacres going on in areas AWAY from the russian far east and the asian pacific where the trustbusting power of siberia energy project is emerging.. destabilization events always expand the energy guzzling security apparatus....

its just a matter of time before the energy prices come down to supply and demand levels for good but before that happens we can expect a last ditch event from these sore losers we can call the power elite..and we thank you for your support..





GLP