There is a surprising amount of people who do not know what or who OPEC is... so here it is... OPEC ( Organization of the Petroleum Exporting Countries) is an intergovernmental organization of twelve developing countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. According to its statutes, one of the principal goals is the determination of the best means for safeguarding the organization's interests, individually and collectively...giving due regard at all times to the interests of the producing nations and to the necessity of securing a steady income to the producing countries.
Ok, why is this important? Well, we have to know who our friends are and who our business partners are. OPEC is not our friend, they are there to sell us oil, at a price that makes them a handsome profit...
It is no secret that OPEC routinely meets and "fixes" the prices high enough to viciously grind as much profit out of Americans as they feel we could pay.The misguided few may argue that this is a blanket price which applies to all the world consumers, but when America accounts for 25% of the World's GDP, I think it is "Fixed" with us in mind.
Whenever they can, they also take the opportunity to slow their production of oil, thereby ensuring the price stays high and profits are kept high. They gouge the very life blood out of Americans by causing the price of literally everything to rise because of the higher cost of Gas and Transportation... something we are all too familiar with in America.
There are Multi National Companies that sell us stuff here in America, which they import from their own companies based outside America, wherever they are allowed to open their sweatshops. They import also from other foreign companies in China, Pakistan, India and from many other countries.
These American companies, which we all know and most of us shop from... namely Walmart and others, who import the cheap quality goods that devastate our own American Manufacturing base, are in fact not our friends. They sap our resources, our money, our future and simply hide and reinvest their profits in other countries, building up those economies while leaving ours to sputter and die a slow and agonizing death.
We also have many enemies in our politicians, here in America. They are most notably those who are rich and won't be bothered by any drastic changes they vote to make in things that directly affect our way of life, for example the Privatization of Medicare, Medicaid, Social Security and even the replacing of our Armed Forces by paid mercenaries... We saw that in Iraq where the mercenaries outnumbered our own troops there. I remind you we have to pay those mercenaries...many having six figure salaries.
So in future my friends, know them by their actions, not their sweet talking voices...or their lobbyists, who make everything look as if they are doing us favors...they are not doing us any favors, they are destroying America...purposely Destroying America...They are traitors. They are America's enemies...
This article was written by the Author of the newly released book titled "Shock and Awe on America" which can be bought in print or for Kindle at Amazon.com
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All good points well made, Teeluck. When it comes to oil, though, OPEC is less a villain than big-time futures traders like these SOB's.
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