Politics

Oil

An oil shock would be good for the world, spurring non-oil energy technologies, increasing exploration and development in reasonable countries. And it would probably break the power of the Mideast to cause trouble.

It is true that an Iraqi war is about oil but not just for American control of the oil, but for the Iraqi people to peaceably benefit from the fruits of producing that oil, instead of filling the coffers of a demented few at the top of the heap.

The people of the world will be better off through the lower oil prices that will result from the war with Iraq, as the entire region's security lowers the 'instability tax' that the buyers of oil put on Mideast oil.

The Europeans will have a more secure oil supply. With Iraq back producing oil freely there will be more supply and thus the price will go down.

The oil industries of the world are owned by the governments of the world and the wealth from that oil has been stolen and squandered by those governments, all of whom are inept at ever producing the oil. So they rely on American know-how and our multinational companies to produce the oil wealth that they then steal and then everyone blames America for producing the oil. If we did not produce it then there would be none produced and the poverty of the people will only increase and the despots will only grow more desperate in their grabs for power and money. It is the leaders of counties and their cronies who are the biggest greedy materialists in the world, always trying to get billions more stuffed into foreign bank accounts. And America has tried to loosen up those bank secrecy laws, but Europeans especially have been loath to do so.

The Venezuelan government has squandered the wealth of that country and its current despot is so crazy that the people are revolting a little more each day until the time comes when the American military will step in and oust the bastard and restore order. Obviously the money wasn't spent on schools, or roads, or airports, or new power plants, or any sort of infrastructure. So where's the money? It is in banks doing nothing.

The Swiss, Luxumbourg, Lichtenstein, the Isle of Man, The Cayman Island, Bermuda and other so-called secret banking states are complicit in theft and corruption and the impoverishment of a huge portion of humanity.

Mexico, Nigeria, Angola, the list goes on and on of countries who have, for the Glory of the People, seized control of the oil industries and then did every thing they could to steal and squander, keeping their people in poverty and preventing the development of a wealth growing economy.