Stock market down; oil prices hit record levels
A barrel of crude oil hit a new all-time high of $85.92, the energy sector now up 0.9 percent, while the Dow is sinking like an anchor.
What I wonder is how much the billions of dollars donated by the Federal Reserve to "poor" companies like Bear Stearns, Goldman Sachs, etc., which resulted in a devaluation of the dollar and saving the big boys while smaller mortgage companies folded and lost jobs, have contributed to the rise in oil prices.
We are under assault by a few corporations bent on world domination--there are only approximately eight oil companies really pumping and buying the oil, four or five pharmaceutical companies, four of five major financial institutions, four or five communication companies, the U.S. Supreme Court has recently struck down a long standing anti-trust ruling precedent, our politicians stuff their pockets with kickbacks and bribes, and the general population watches American Idol, Entertainment Tonight, and ESPN. Compare the fall of the Roman Empire concurrent with Colliseum events and the hiring of mercenaries to hold the empire together and the correlations with our own society are eerie and depressing.


