Ruminations On The Distortion Of Oil Prices And Crony Capitalism

At great cost and risk to the American and world economies, consumers are ripped off billions of dollars every day by oil interests and their malevolent influence on market pricing mechanisms. It’s essential Americans and oil consumers throughout the world understand where the money they pay for oil’s downstream products goes—including the money paid at the pump, the money paid to heat their homes, and the money paid for the array of other petroleum-based products. In Ruminations on the Distortion of Oil Prices and Crony Capitalism, author Raymond J. Learsy not only discusses the distortion of oil pricing, but also focuses on effects of the crony capitalism that has enriched a select few and left Main Street in the lurch as a result of government mismanagement, moneyed influence, and craven oversight. This collection of previously published writings shows how speculators ratchet up the prices of basic material goods essential to daily lives. Learsy describes how ceding the determination of those prices not to the laws of supply and demand but predominantly to gambling dens on the trading floors of commodity exchanges as well as the price fixing collusion of producer nations (OPEC) is crippling to the world’s economy. Focusing as well on Wall Street’s corrupting influence on the price of oil, gasoline, and other commodities, Ruminations on the Distortion of Oil Prices and Crony Capitalism provides an overview of the basic and important theme: the United States’ enslavement to oil and the moneyed interests inextricably tied to it.

At great cost and risk to the American and world economies, consumers are ripped off billions of dollars every day by oil interests and their malevolent influence on market pricing mechanisms. It's essential Americans and oil consumers throughout the world understand where the money they pay for oil's downstream products goes including the money paid at the pump, the money paid to heat their homes, and the money paid for the array of other petroleum-based products. In Ruminations on the Distortion of Oil Prices and Crony Capitalism, author Raymond J. Learsy not only discusses the distortion of oil pricing, but also focuses on effects of the crony capitalism that has enriched a select few and left Main Street in the lurch as a result of government mismanagement, moneyed influence, and craven oversight. This collection of previously published writings shows how speculators ratchet up the prices of basic material goods essential to daily lives. Learsy describes how ceding the determination of those prices not to the laws of supply and demand but predominantly to gambling dens on the trading floors of commodity exchanges as well as the price fixing collusion of producer nations (OPEC) is crippling to the world's economy. Focusing as well on Wall Street's corrupting influence on the price of oil, gasoline, and other commodities, Ruminations on the Distortion of Oil Prices and Crony Capitalism provides an overview of the basic and important theme: the United States' enslavement to oil and the moneyed interests inextricably tied to it.

Here at Remington, many people are curious about this powerful book commonly known as “Inspiring the Youth of America.” Well, as you may know, our youth today in America are in dire need of mentorship and guidance. This book is a whole new step forward for all of us as a civilization. For many years, and even today, young Americans wander aimlessly in a pool of confusion. They end up in meaningless careers with no past, no future, and nothing to hope for. Undoubtedly, the end result is misery and despair. The end result is poverty and surely a feeling of emptiness. Well, we at Remington, after interviewing over thirty thousand professionals, were shockingly surprised to find that many successful professionals were disgusted with vanity publications. They were disappointed with the meaningless dribble of a phone book–type registry that possibly required a magnifying glass just to read. But surprisingly enough, these professionals encouraged any use of their biography for humanitarian purposes. Undoubtedly, mentorship for our youth fell into that category. So there it was born. Our proudest moment as publishers was laid out before us. But there was one big problem. All these people needed to be interviewed in depth, and generic biographies certainly would not inspire. So with that, we swallowed hard, and our staff got to work. Yes, it was and still is a grueling, time-consuming mission and undertaking. But in the end, as you may witness as you read this book, the content is quite spectacular and certainly worth the effort. We would also like to mention that the participants in this book also spent much time sending us information and encouraging us to make this book worthy of their efforts. Now it was up to us to uphold the dignity of these professionals and forge forward into a future where a student can explore his or her life with the ability to fulfill their own potentials. With that, this book is presented to you today, and we hope that you share in our dream to build a better America from where it really matters—our youth.

The Licit Life of Capitalism is both an account of a specific capitalist project—U.S. oil companies working off the shores of Equatorial Guinea—and a sweeping theorization of more general forms and processes that facilitate diverse capitalist projects around the world. Hannah Appel draws on extensive fieldwork with managers and rig workers, lawyers and bureaucrats, the expat wives of American oil executives and the Equatoguinean women who work in their homes, to turn conventional critiques of capitalism on their head, arguing that market practices do not merely exacerbate inequality; they are made by it. People and places differentially valued by gender, race, and colonial histories are the terrain on which the rules of capitalist economy are built. Appel shows how the corporate form and the contract, offshore rigs and economic theory are the assemblages of liberalism and race, expertise and gender, technology and domesticity that enable the licit life of capitalism—practices that are legally sanctioned, widely replicated, and ordinary, at the same time as they are messy, contested, and, arguably, indefensible.

These political essays, which originally appeared in the Huffington Post, chronicle the financial and environment malfeasance of the oil industry during the last five years. Oil is a commodity that is essential to the worlds economic well-being. But it is also an industry rife with corruption. In OIL AND FINANCE, author Raymond J. Learsy chronicles the problems within the oil industry and details how these issues affect both US and global politics. Culled from a collection of essays that first appeared in the Huffington Post throughout the last five years, OIL AND FINANCE provides an illuminating understanding about where weve been and where were headed as a nation with respect to our fossil-fuel consumption, our environment, our financial system, our security, and our place on the global stage. It uncovers the truth behind oil pricingincluding its speculation and manipulation, the politics of oil and its impact on our security, oils influence on our domestic and foreign policies, OPECs success, and the menacing impact of oil on the environment. OIL AND FINANCE presents a real-time account of a nation in crisis. Filled with contemplations and reactions, it is also a call to arms and a battle plan. It communicates how we can reduce our dependence on foreign oil, develop alternative energy sources, stabilize our economy, shore up our national securityand prosper as a people.

The co-host of the popular NPR podcast Planet Money provides a well-researched, entertaining, somewhat irreverent look at how money is a made-up thing that has evolved over time to suit humanity's changing needs. Money only works because we all agree to believe in it. In Money, Jacob Goldstein shows how money is a useful fiction that has shaped societies for thousands of years, from the rise of coins in ancient Greece to the first stock market in Amsterdam to the emergence of shadow banking in the 21st century. At the heart of the story are the fringe thinkers and world leaders who reimagined money. Kublai Khan, the Mongol emperor, created paper money backed by nothing, centuries before it appeared in the west. John Law, a professional gambler and convicted murderer, brought modern money to France (and destroyed the country's economy). The cypherpunks, a group of radical libertarian computer programmers, paved the way for bitcoin. One thing they all realized: what counts as money (and what doesn't) is the result of choices we make, and those choices have a profound effect on who gets more stuff and who gets less, who gets to take risks when times are good, and who gets screwed when things go bad. Lively, accessible, and full of interesting details (like the 43-pound copper coins that 17th-century Swedes carried strapped to their backs), Money is the story of the choices that gave us money as we know it today.

`The thesis presented here will not only change the way in which we understand contemporary Singaporean society and the relationship between the state and its citizens, but will also provoke a debate about the social costs of economic development in other parts of the world, and the future security of the island republic - increasingly a Chinese enclave in a Malay sea - in the twenty-first century.' - Peter Carey, Trinity College, Oxford This study examines the development of Singapore's complex system of social regulation in relation to the phases of its economic strategy and political transition. It focuses on the way social control works through public housing and welfare, education, parliamentary politics and the law. It draws out the implications of such comprehensive control for political conflict. Popular explanations for Singapore's success and its status as a model for other developing countries are brought into question.

Longtime commodities trader Learsy explains the real reason behind todays most outrageous gas prices. A sharp, sweeping survey of OPECs methods of economic dominance, this work explains how to bust the Mideast oil cartel and chart a course toward energy independence.