2008-07-23

End of capitalism in the US is coming

The US government and fed have already socialized the losses of the real estate and the banks, they are now pursuing another goal: interfering with the futures market in the hope of getting oil prices back to $80 per barrel.

They are trying to get rid of the free market where the market doesn't serve them.
Getting rid the free market means also getting rid of capitalism and heading to socialism
.

Bloomberg:

July 23 (Bloomberg) -- Congress may outlaw elements of oil futures trading that lawmakers found distorted demand and contributed to the 69 percent surge in prices in the past year.

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