Tuesday 10 August 2010

Oil oil oil, but what about actual gasoline prices?

The mainstream media and the politicians always discuss oil price and how high it has been. A lot of culprits are blamed for those increases. The two main ones: OPEC and "Big Multinational Companies", by which they usually mean Exxon, Shell, etc. The argument, of course, always centers around the idea of gasoline prices increasing at the pump - people feel that kind of pressure on their wallet. However, nobody seems to notice the government's role in all this. While driving around the United States for the last month or so, I realized that fuel here is 3 times cheaper than in the UK! How is this possible?! Does OPEC not set high prices for Americans? Does so-called "Big Business" only exploit Europeans? Of course not! Every informed person knows that in the UK over 70% of gasoline cost is pure government tax. The sad thing is that the media and politicians have managed to dupe everyone into thinking external sources are responsible for internal misdeeds. This is true of most national and international problems where politicians usually throw around collective blame and shout about "capitalism", "dictators", "undemocratic regimes", "monopolies", "corporate greed", "big business"... the list is endless. What we need to understand is that these people are liars. They need to find an enemy so that everyone unites behind them and ticks the right box on the next ballot.

As usual, I end with a great quote. This time by proud English novelist Mary Ann Evans: "An election is coming. Universal peace is declared, and the foxes have a sincere interest in prolonging the lives of the poultry."
Couldn't have said it better myself! However not all elections need to be thus; today was the Republican Primary Day in Connecticut. I was really cheering on true conservative Peter Schiff through that entire race...

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