Oil Price Manipulation and the Global Capitalist Crisis

Oil Price Manipulation and the Global Capitalist Crisis

Presentation given by Caleb Maupin at the Second Congress of the Trade Union Center of Brazil, February 25, 2016 in Brasilia.

Who is the richest person in the world? The international media often tries to answer that question for us. Names get floated around like Bill Gates, Carlos Slim, Warren Buffet — sometimes they’ll mention an Arab sultan or prince. Forbes magazine publishes a list of the richest people in the world.

All of this utter nonsense.

Bill Gates, Carlos Slim, Warren Buffet, the king of Saudi Arabia, all of these people are poor men compared to the ones who have real power. These people are listed as the richest people in the world, because they are so poor, that they have all of their money listed in their own name.

Those who are really rich, those with the most wealth, power and influence, have astronomical amounts of wealth, often so much money that their total net worth cannot even be calculated.

The richest people in the world can be described in two words: oil bankers.

The House of Rockefeller, the House of Morgan, the Carnegies, the Rothschilds, the Mellons, the Du Ponts —

Read more

Selling Out Greece

The Greek people were given an opportunity to say whether or not  they were willing to accept the toxic bailout offered by the EU.    The  result of the referendum was a solid NO!   The very next day, Yanou Varoufakis, Finance MInister and  the most dedicated, intelligent and articulate spokesman in the  Syriza government, who was focused on building an alternative solution, was driven out of his position as the pivotal negotiator.

Within a week, Greek Prime Minister, Alexis Tsiparas, took the deal the people had voted to reject.   The people of Greece, ceased to be news, and the EU package became the central topic of discussion.

Read more