Wednesday, 15 May 2013

Rip Off Economics: Labour, Conservative and Oil Cartels

Rip Off Economics: Labour, Conservative and Oil Cartels

They now tell us that for not less than ten years there has been an oil cartel to keep oil prices high and since the price of fuel is a multiplier the prices of everything else including food and transport are affected by inflated fuel prices.

For years and years, both Labour and Conservative have been talking about inflation, about failures of the financial system, about chaos here and there and now they publicly state that millions of Britons have been taken for a ride and that both Labour and Conservative miserably failed to keep those responsible to account.

When inflated fuel prices were one of the main ingredients of loss of economic activity and one of the main ingredients of growth of massive public and private debts, most people blamed the bankers. Now, it seems that the responsibility for the chaos we are facing must be shared with the unscrupulous bosses of fuel companies.

If in the United Kingdom we had real governments, those involved in criminal activities of such magnitude would have to rot in jail.

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