Pyramid Comment

This journal takes an alternative view on current affairs and other subjects. The approach is likely to be contentious and is arguably speculative. The content of any article is also a reminder of the status of those affairs at that date. All comments have been disabled. Any and all unsolicited or unauthorised links are absolutely disavowed.

Tuesday, September 25, 2007

Oil: Locked-In

The lock-in to oil and its products demonstrates the absolute control that is 'in the hand'. Consider the cost of financing a new car: excepting day-1 when the interest on a loan is applied, the cost can only go up. The massive downward value is increased because of 'depreciation'. The 'depreciation' is partly caused by the VAT and car tax (not road fund license). 'Depreciation' is linked to a deterioration through age, so massive depreciation from day-1 nails the illusion.

The lock-in is that the expenditure is considered worthwhile (the 'value'), but must be serviced by paying whatever costs are necessary like fuel and its associated tax. Road tax. Distance tax and usage tax.

Tax! Tax! Tax!

The cash cow for government without any accounting. The public accounts committee sounds helpful, but how is that body scrutinised and who is its paymaster?

There will be no escape. Game, set and match and 'bloodless'. Maybe. The global reaction will be ruthlessly exercised and all opposition exterminated. The 'military', themselves absolutely controlled, will be the servile executioners. A current example is taking place in Burma. Remember that most countries have a 'military' ostensibly maintained to defend against an external invader. A very real use is that government and the 'true controllers' can contain hostility from within. The lackeys of the would-be rulers.

Human? Certainly no soul.