Gas Gouging Election Year Market Manipulation?

It has been so very interesting to listen to the mainstream news media commentaries on the horrendous increases which have occurred in the prices Americans are now forced to pay at the pump in order to get to work, run to the doctors, or take a much needed and overdue vacation.

Many of the pundits have offered up such half baked rationalizations it has been incredible, especially in the last few weeks.

A few short months ago, gasoline was at $2.60 a gallon at most stations off the interstate exits.

Less than thirty years ago, it was still at a little over a $1.00 a gallon, having made a 100% increase from ten years before.

There is no logical explanation at this point to why Americans are paying through the nose to power their automobiles.

Except greed.

Both corporate and governmental...

Even Obama's excuses seemed rather flimsy during his recent speech at the Daimler plant.

How much war related gasoline is being consumed by the government keeping all those Humvees, drones, jets, and ships in foreign ports equipped which Americans are paying for both at the pump, and through their other taxes and this mammoth ever-escalating deficit?

The higher the gas prices go, of course, the higher those state and local gasoline taxes also go.

This added tax is not tax deductible at this point even. In other words, those sales and use taxes are not deducted from the amount of discretionary income most Americans get to, say, pay the mortgage.

This is an election year, and all those election coffers need to be stuffed, after all, by most of those oil companies and their lobbyists, too.

No matter that you no longer have any income to pay for that unregulated utility bill, or that house that is now going into foreclosure.

The monster must be fed.

And fed.

Washington Hypocricy Evident Once Again

Once again, it appears that the hypocricy in Washington has become evident for many Americans outside the Beltway.

While the media labeled "coalition" of forces in the West, including America and its historic "allies" Britain, France and the allied forces since World War II are now waging war on Libya in the "no fly" zone which was established this past week by those same forces, protests by Americans were held across the nation against America's continued involvement in Iraq.

It was reported that the rebellious Americans who defer from American foreign policy on the war were arrested for being too near the White House gates while conducting their demonstrations.

Will wonders never cease?

While Washington is supporting the rebels in Libya, it is arresting its domestic variety for staging their demonstrations where they would have the most coverage and impact.

In front of the White House.

Meanwhile, gas prices throughout the country have gone from $2.65 per gallon one year ago, to the "new" pricing of $3.20 a gallon - an over 30% increase in less than a year.

I wonder if those prices reflect all those barrels that were scammed during the months long "cleanup" and then refined in Britain during Deepwater Horizon this past summer, or whether the revolts now in the Middle East will be reported to blame.

Stay tuned.

BP Excuses Beginning To Sound Hollow

I have to suspect that I must not be the only American that has come to the conclusion that the excuses that are now being given by BP (British Petroleum) over their inability to cap this oil spill that just so happened to occur as the American public was demanding more domestic production, and less reliance on foreign crude due to the ongoing and continuing War on Terrorism (oil) are beginning to sound rather hollow...and familiar.

And Louisiana and the U.S. government's hand wringing also suspect.

Obama has stated that he plans to be "hands on" in the cleaning up of this disaster due also to globalization and foreign ownership of another American vital industry which apparently went for the most part unregulated which resulted in the loss of more American lives at the hands of foreigners.

It is interesting that this was a British company involved, and that although Mr. Obama's efforts have been restricted for the most part in formulating another panel at the taxpayers expense to study just what occurred, I wonder if he has also directed them to study some of those "free trade" agreements with global corporations which are operating outside U.S. regulatory body oversight more and more?

I mean post Katrina and the U.S. recession, it is the British and Canadians who are buying up a great many of those million dollar homes in the French Quarter and Garden District, many of whom also work for BP.

And I wouldn't hesitate to guess that as the U.S. gets involved now in this disaster posthumously, that there is a move in Washington to increase the gasoline taxes then in order to provide for the revenue to clean up this spill, even given the announced "fines" that are being levied against BP (which, I'm sure, will be appealed under those "free trade" agreements, leaving again the American public holding the bag).

Washington, and the Global Socialists in both the Republican and Democratic parties have become oh so predictable.

Sort of like Hollywood, that has taken to making more and more "remakes" of both cancelled television series formats, "digitally enhanced" versions of rereleases, or earlier Hollywood blockbusters as their standard fare.

This country can place a man on the moon, and developed the nuclear bomb, and can't clean up an oil spill.

Since we also have shared that technology with Britain and also those other foreign countries and "allies" who now have again risked American lives for their global commercial gain.

While Congress, and this Adminstration as the last, creates panels and twiddles its thumbs.

Fairly similar to the Katrina disaster and subsequent response, for which many lost their homes for eventual foreign and commercial gain.

For which many of those working still on the reconstruction are, once again, foreigners or illegal government contractor or day labor immigrants.

I wonder if the BP reconstruction will be a replay of the Katrina repairs?

Providing for the jobs and the economy, once again, of foreigners for that global economy?

First AIG (American International Group, but London home domiciled) and now BP.

Kinda makes you wonder....

Well, after the oil settles (pun intended) there will, after all, be then future oil reserves discovered again in the future to guarantee those oil barons and their families continued wealth. I mean this is not really a renewable form of energy for the most part.

Hmmm...maybe BBC Worldwide (an ally of the Fox USA network, it would appear) also needed the cash since this has been a major news story now for a good deal of the last month and those ad revenues and advertisers needs must also be satisfied, no matter what the cost or the spin.