What do these three items have in common? They are, and have always been manipulated by the 1 % with the money. It was interesting that as the storm Isaac was still in the open Gulf, the price of gas went up by anywhere from 5 to 10 cents per gallon. It looked as if the gas was being refined and sold on the same day, and the disruption was responsible for the increase. Gasoline is stored and stockpiled for months at refineries and other locations and has no relation to loss of production for 2 or 3 days.
All three of the above mentioned items is what Carly Simon was singing about- "Anticipation"! It is based on the future and what the item will be worth in the near and far term. And, with no doubt, the average citizen has no control of the direction of any of the concepts of this post entry. The stock market has always been controlled by those with money. The wealthy manufactures of steel, gas, and automobiles had the ability to move money around and have investors believe that they had some impact on the value of stock.
And how does politics fit into this money pit? Well, when gas prices are jacked up too much and the oil companies are recognized as the reason for the increase based on their profit, Congress has them appear at hearings to find out why the prices are going up disproportionately. But so many of the members of Congress are being supported in part by oil money, that the inquiries are pointless. No one asks the hard questions, and the oil companies just produce smoke and mirrors.
So, the old axiom that one person can make a difference, really does not apply to the control of money. Gas prices will change based on the futures market, the stock market will be controlled by electronic traders, and politicians will be controlled by anybody with money. The trend is much more of the same as time goes on. I would like to think that I can elect the right person for the job, but money will dictate who will run, and probably who will win. Pretty cynical I admit, but realistic. But, I am still proud to be one of the 99%...
All three of the above mentioned items is what Carly Simon was singing about- "Anticipation"! It is based on the future and what the item will be worth in the near and far term. And, with no doubt, the average citizen has no control of the direction of any of the concepts of this post entry. The stock market has always been controlled by those with money. The wealthy manufactures of steel, gas, and automobiles had the ability to move money around and have investors believe that they had some impact on the value of stock.
And how does politics fit into this money pit? Well, when gas prices are jacked up too much and the oil companies are recognized as the reason for the increase based on their profit, Congress has them appear at hearings to find out why the prices are going up disproportionately. But so many of the members of Congress are being supported in part by oil money, that the inquiries are pointless. No one asks the hard questions, and the oil companies just produce smoke and mirrors.
So, the old axiom that one person can make a difference, really does not apply to the control of money. Gas prices will change based on the futures market, the stock market will be controlled by electronic traders, and politicians will be controlled by anybody with money. The trend is much more of the same as time goes on. I would like to think that I can elect the right person for the job, but money will dictate who will run, and probably who will win. Pretty cynical I admit, but realistic. But, I am still proud to be one of the 99%...
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