Friday, March 16, 2012

Perfect Plan for Oil

I have it, right here, the perfect plan to fix the world's economy.
Stop trading oil like it was the Dollar or Yen.  Set a price and keep it there, but a reasonable price for everyone.  Obviously $40 a barrel isn't going to work, but neither is 90 or $100.  However, I think $65 a barrel should suffice.  It would dramatically lower the cost of fuel, help to stave off inflation, make it so persons could get back and forth to work, create an environment where those who needed work could actually go to interviews, make the rich moguls not so quick to fire people and make it so more people could buy goods.  Not just here in the good old USofA, but worldwide.  Greece could pay their debts, Spain, Italy and Portugal would be able to use their cuts to stave off further Euro issues.  All in all it would create a much better environment for people to live in. 
But wait, that would mean keeping the greedy bastards from getting richer from the suffering that we all must endure.  This would mean that no longer could some jackass sell his commodity share at an inflated price simply because he anticipates increase in demand (price gouging, ahem).
This would mean that the world would have to stand up to OPEC and say "look, this is what we are going to give you, with the allowance for a potential annual increase at inflation".
I'm ready to stand, Are you?

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