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Tuesday, 17 June 2008

Lorenzo's Oil


Click here for the Maltese version

To lose an election also means to lose the principle. The principle here is one alone: Let us win the election and that'll be the end of the story.

The national Joseph said that all that the Labour party has proposed in the last election was not good because the people refused them. After ONE News spent entire bulletins of their journalists going to England praising the reception class, now the reception class is not good because the people refused it. The problem with the reception class was not the reception class itself but the messenger and his secretary. Lets get rid of the reception class and keep Jason Micallef so that we'll surely be in even greater need of reception classes.

While the opposition was asleep somebody went and whispered into the ears of Fred and Jason to reduce the surcharge by half and to have it removed later on. Its probable that Fred had other important things to do and forgot to ask how this would be done. Certainly Jason was going to ask him but remembered how intelligent he is and how he knows it all and so ended up not asking him. It may have been that Jason would have had the answer down below, and that Fred would have known how to answer Peppi, Joseph's new buddy whom together decided to educate the people about how to stick to one's principles.

How Lawrence Gonzi and Europe are mucking us around where the surcharge and the price of oil are concerned:

In the year 2000 the american dollar was valued at one euro and four cents ($1 = €1.0393)

If we were to remember that in 2000 a barrel of oil was valued at 28 american dollars, if one were to leave aside inflation, then a barrel was worth 29 euros and 10 cents.

Year 2008: The american dollar today is worth 64 euro cents ($1 = €0.6437). Today a barrel of oil costs 140 american dollars. One barrel should cost €90.12c.

2000 = 1:1.04 / 028/ barrel = 28.10 euros per barrel
2008 = 1:0.64 / 140/ barrel = 90.12 euros per barrel


Today oil is supposed to cost little more than 3 times the price in 2000.

The oil crisis is not nearly so dramatic for those who sell the petrol and the government sucks from upon us. The surcharge is fraud of an immoral and obscene sort which is being used to cover up the mistakes of Enemalta. It is so as to reap a profit with the blood of the slaves. It is probably intended so as to sell it off to foreign investments, just as Gonzi did with other strategic companies. He'll be able to get peace of mind that he has much fewer responsibilities to uphold, and will try to win the election to come, again.

If the dollar should find its footing and rise again then we'll be screwed further. The devaluation of the dollar is compelling us to pay for America's debt.

This brand of capitalism is a fraud from tip to toe.

When the american economy went down the drain Europe was supposed to reduce the oil prices. Aside from this America is indebted to the Central Bank of Europe, that of the euro our currency; it circulated 400 billion euros so as to sustain the dollar. Papers upon papers... invented from and based upon nothing at all. Why is Europe paying the debt of America? Can anybody explain this to me? Why do we pay the debt of those who pay for the elections of Iraq and Palestine?

There is a chance that the dollar will never recover. For it to recover there will be need for Americans to consume 30% less than they consume today... and this would be a further catastrophe for the world economy.

The simplest solution is war. The imbeciles who run the world are thinking about this alone.

It is probable that the extra money that the government is reaping from this story is going towards the pay of those whom at face value do not work for six months as well as parliamentary pensions and for some single mother so as to be able to enjoy father's day with their offspring.

I do not feel represented. I repeat: I do not feel represented.

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