Fejfar Business and Public Policy Blog: OPEC votes to raise Oil Prices to $105 per Barrel

Fejfar Business and Public Policy Blog: OPEC votes to raise Oil Prices to $105 per Barrel: "The Criminal Barak Obama The Criminal Joe Biden OPEC met last week and voted to illegally and monopolistically raise the price of Oil t..."

OPEC votes to raise Oil Prices to $105 per Barrel

The Criminal Barak Obama

The Criminal Joe Biden

OPEC met last week and voted to illegally and monopolistically raise the price of Oil to $105 per Barrel, and in so doing violated both the American Sherman Anti-Trust Act and the United Nations International Anti-Trust Act. The scumbags Obama and Biden both attended the OPEC meeting and voted to raise prices in violation of their Oath of Office as president and vice-president. Moreover, Obama's corrupt and stupid idea to raise oil taxes will only pass those taxes onto the consumer and drive gasoline prices even higher. Obama and Biden should both be impeached for selling out America to their OPEC homosexual boyfriends. America needs to develop the production of sythentic gasoline which is made by adding grain alchol, as a catylst to propane. We should put an embargo on foreign oil and promote the production of synthetic gasoline here in America.
(C)Copyright (2011) by Anthony J. Fejfar and Neothomism, P.C. (PA)

Fejfar Business and Public Policy Blog: Inflation is Caused by Illegal Monopolistic Collus...

Fejfar Business and Public Policy Blog: Inflation is Caused by Illegal Monopolistic Collus...: "The cause of Inflation and even Stagflation is the presence of illegal monopolistic collusion. The prime example demonstrating this point ..."

Inflation is Caused by Illegal Monopolistic Collusion

The cause of Inflation and even Stagflation is the presence of illegal monopolistic collusion. The prime example demonstrating this point is the inflation in the Jimmy Carter Administration during the late 1970's. You see, during that time period the OPEC Oil Cartel began to set artificially high oil prices for America and the World. Of course, to understand what is really going on, the description of the situation must be changed to the following: Illegal, Price Fixing, Monopolistic OPEC Oil Monopoly is selling oil at artificially high prices. Moreover, this also explains Stagflation. If you are in a recession and a significant number of companies illegally conspire to artificially prices, then the economy will remain in a recession for most people and businesses, and the cheating, illegal businesses collude and articially raise prices, causing higher prices and a slow economy at the same time, namely, Stagflation. Thus, we can see that NeoKeynsian Economics still explain the economic situation, while voodoo, communist, supply side economics do not. Right now, we need to have the CIA sit down and chat with the OPEC leaders and ask them about their health, and, about whether they should disband. We could start with the greedy Bush family and Aramco Oil.
(C)Perpetual Copyright (2011) by Anthony J. Fejfar, Anthony J. Faber, and Neothomism, P.C. (PA)