Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts

Friday, February 25, 2011

Egyptian Army Cracks down on Unarmed Protestors

It appears that all politicians and especially dictators like the deposed one in Egypt have some kid of a personality disorder. They all claim, some more vocal than others, that people are not capable of this that or the other. The deposed Egyptian dictator and current Egyptian Police and Military claim the Egyptians can't rule themselves democratically.

Here is a revelation for you, in my opinion, people are born free and democratic as evidenced by the Libyans, Egyptians, Tunisians that are still struggling for freedom. It is the dictators that have this weird dependency on power and the need to stay in it. The struggle is not for the welfare of the people rather the welfare of the ruling elite.

Egypt is fighting Police and Military dependency on being elites, rulers and masters of Egypt. This creates a pharaoh syndrome and then it is a struggle to ween them off this dependency. To have them finally acknowledge the fact that they live among equals does take effort and sometimes blood. It is evident in Tunisia, Libya as well with the extreme case being Libya.

It is also unfortunate that the western hemisphere is not immune to the pharaoh syndrome. Washington, for example, is doing its level best to make us believe that we really need them yet they are squandering our money, mortgaging our great grand children's future and costing us jobs and our quality of living is suffering. To remove a corrupt politician take effort and a lot of work to organize and campaign against them in an election but still could be done. People must take charge of their destiny and vote for what they believe in if you don't go to the polls then you end up with people like Blago in IL.

Thursday, February 24, 2011

Libya - Oil I don't Get it?

Libya produces 2% of the world's oil and gas, its production goes mostly to Europe and specifically Italy. Since the February 17th Brnet Crude went up over 25%, I don't get it 2% reduction eauivalent to 25% price increase some trader is making tons of money here and we are all being penalized. I guess we will have to bail out some rich Wall Street Bankers once more. I will never vote for a corrupt politician!