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www.democraticexcellence.com - editor@democraticexcellence.com - 770-474-2655 211 Orchard Road, Rex, Ga 30273 May 10, 2004
By Jeff Goolsby, Editor
Have you seriously examined the real reason for our current sky-rocketing gasoline prices? During the first Bush- Iraq war, oil prices went just above $41 per barrel. Yet, gasoline prices did not go even close to today's prices. As of the research for this editorial, the oil prices have just reached $40 per barrel.
As you read this editorial, please remember that the news media promoting the ”news” that we have an oil shortage, gasoline shortage, and lack of adequate gasoline distillery ability is the same news media that erroneously promoted the following. 1. That artificial money shortage (”Tight Money”) and high interest rates was the correct way to reduce inflation (Create shortages and raise cost would reduce prices). 2. That interest rates could not be reduced until we balanced the Federal budget and reduce the Federal debt (Bush is the worst Federal debt exploder in history, yet the Fed is keeping interest rates the lowest in 45 years, and no “Tight Money”). 3. That there was an actual shortage of electricity and natural gas in California in 2001(Later exposed to be fraud). 4. Etc., etc., all of which has been proven to be a lie and has been extremely devastating financially to 98% of American citizens. A few days ago, I listened to the Charlie Rose interview of the CEO of Exxon Oil Corporation. The CEO stated that there was not a shortage of oil nor a shortage of capacity to distill the oil into gasoline. The CEO stated that he believed that the reason for the exorbitant prices was due to anxiety over the Iraq war and that it might cause an oil shortage. The CEO further said that the cost of producing both oil and gasoline has been reducing due to technological improvements in the equipment and process. This means the cost of gasoline today is less than the cost during the first Bush-Iraq war, meaning much more profit to gasoline producers. Please keep in mind that the Republican news media promoted high interest rates, increased cost for products and services to reduce inflation prices. Today, they are saying that gasoline prices had to go as high as they are or even much higher because that is what the Republican leaders want them to say. Republican philosophy: “American voters are too stupid to know when they are being taken”, especially Republican Groupies. The word from OPEC is that they do not see any reason to increase production of oil and that they do not believe there is a shortage of oil. However, they are willing to increase production because they do not want to damage the American economy and because the United States is their largest customer. However, I am sure they are laughing all the way to the bank with their exorbitant price for oil. OPEC does express some concern that the exorbitant price of gasoline in the United States can become detrimental to OPEC members. Considering these facts, the oil price went to just past $41 per barrel in the first Bush - Iraq war, yet the price of gasoline did not go anywhere near today's prices. There does not appear to be any logical reason for the gasoline prices going so high other than for other objectives, including exorbitant profits. The gasoline producers are obviously quadrupling their net profits with these unnecessary prices, thanks to Bush and cronies. These unnecessary gas price hikes is the same phony shortage strategy that Bush-Enron and cohorts used with electricity and natural gas to devastate the economy in California soon after Bush stole the presidency. When you put all of these facts together, why has gasoline prices gone through the roof all of a sudden? When you apply political economics to the equation, a real picture begins to emerge. The Republican owned and or controlled news media selected John Kerry to be the Democratic Presidential Nominee because they believed that he would be the easiest for Bush to beat. Then the news media promoted Kerry as “The Most Electable Candidate”, knocking Howard Dean out of the race and convinced Democrats to vote for Kerry. The news media did not want Howard Dean to be the Democratic nominee because they were convinced that he could easily beat Bush. Bush now believes that winning the election is a “slam dunk” because he believes that Kerry can't possibly win the election. Therefore, he is beginning his strategy putting things in place with the idea that the Republican philosophy is that American voters are too stupid to know when they are being taken. Bush is causing the gasoline prices to increase to extreme levels with his objective of creating additional inflation/dollar devaluation. Bush has several objectives in mind based on the Republican goal of returning us to a full fledged Plutocracy as they had it for the first 156 years before the Democrats broke the Republican stranglehold in 1932 and switched us from a Plutocracy to a Democracy. The Republican objectives are several: 1. Reward Bush's oil cohorts, war machinery cohorts, and large campaign contributors with huge unjustified profits. 2. Increase inflation/dollar devaluation. 3. Shift the tax burden from the rich onto workers. 4. Increase the Federal debt to such a huge amount that the interest cost on the Federal debt would completely eliminate all of the benefits created by the Democrats and unions since overthrowing the Plutocracy in 1932. Bush created his depression with a slightly different strategy from the ones created by each and every Republican president since the Federal Reserve was created in 1913. 1. His strategy in this particular case was the 911 terrorist attack along with causing people to be terrified of flying on commercial air lines due to inadequate protection on the planes for 14 months instead of instantly placing military guards on the planes. 2. The 1998 Republican Congress repealing the anti-monopolistic law that was created in the 1930's during the Roosevelt Administration to prevent large public corporations from gobbling up their smaller competitors, which would cause monopolistic power, price increases, and considerable unemployment. This depression worked so effectively that it appears to have been carefully planned by Bush cronies before Bush stole the election. Why don't you demand that your lawmakers reverse this gasoline price gouging. One extra thought, to avoid being at the mercy of Mid-Easterners who hate us, we could switch to 100% alcohol fuel and synthetic lubrication then quit buying their oil. Brazil switched to alcohol fuel in the 70's. Alcohol fuel could be made from corn and other grain, which after the alcohol extraction could be used for other purposes. This would create more jobs and more wealth in the United States. Alcohol fuel production systems can be designed so that Alcohol fuel could be competitive and consistent with our previous gasoline prices. Copyright © 2004, by Jeff Goolsby, Rex, Georgia, All Rights Reserved
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