When will it end, Fuel Rip Off??
I wouldnt be suprised, in fact, id be more suprised if there isnt several other things that come out about bank fixing in the next 6 months. God knows what but I cant beleive its just one or 2 things theyve been messing with.
Its been happening for years. The oil companies have been manipulating the oil prices to suit their profits, and the traders have more control than we like to give credit for. A 'Slip' of the tongue with a 1p or 2p difference has massive impacts in profit and turnover for all of them.
It's ok though as they will just get a small fine which will be paid to the government for them to waste. All the time the paying public will still have to pay huge prices and get nothing back for their troubles. This whole country is corrupt but no one wants to admit it so it gets swept under the carpet as usual.
Makes you laugh/cry that we keep sticking our noses in to other countries business because of corruption etc and suprise all along we're as bad as everyone else. At least Somali pirates don't try to hide the fact that they're stealing
Why should you find this suprising ? the oil companies are there to make a profit if regulation is not tight enough (or they can 'LOBBY'
politicians or even sponser their Election campaigns ) to stop the manipulating the market they will do it.
Private industries care about shareholders and directors pay not us the customers they just want to extract as much cash out of us as possible.
For instance Procter and Gamble has any body else taken note of how many olimpic adds end with Proctor and gamble logo at the end. I am sure as eggs
is eggs they will be manipulating the Suppermarkets and other outlets to ensure they are making HUGE profits and stiffling competition. The Agriv8
houshold is not brand mad ( will happily use own Brand ) but it has struck me that out of the brands we do buy many trace back to Proctor and Gamble
for example Gellete, Pampers, Duracell, washing Powder I bet each one of us will be Paying £100's to there profits every year.
In my view these companies and the big Supermarket and banks have more controll in this country than the gouvernment.
Rant over Agriv8
quote:
Originally posted by Agriv8
For instance Procter and Gamble has any body else taken note of how many olimpic adds end with Proctor and gamble logo at the end. I am sure as eggs is eggs they will be manipulating the Suppermarkets and other outlets to ensure they are making HUGE profits and stiffling competition. The Agriv8 houshold is not brand mad ( will happily use own Brand ) but it has struck me that out of the brands we do buy many trace back to Proctor and Gamble for example Gellete, Pampers, Duracell, washing Powder I bet each one of us will be Paying £100's to there profits every year.
Get this: we in Canada, PAY the (mostly Texan) companies to take the oil out of the tar sands in Alberta, through huge tax breaks. Do they clean up after themselves? Of course not, WE do, if at all. It is beyond a joke for the normal people in the world.
The gubbin mint don't care how high fuel prices go because they get a bigger percentage than anyone else. It wouldn't surprise me if a lot of them are in on it lining their pockets as they were with their expenses. In the end they are all in it for their own benefit, they don't really care about the man in the street he is just there to make them more money.
I agree, and even if you toss the present idiots (they are everywhere), the replacements are no better at all.
I am more and more convinced, we need honest reporting from the news agencies, newspapers etc to continually ask embarrassing questions. The thieves
don't like too much light on their activities.
It is the only way, as far as I can see. You lot have to get rid of Murdoch for that to even be dreamt of, from my viewpoint. You can thank Mrs.
Thatcher for that one.
quote:
the market is unregulated and relies on the honesty of the firms to submit accurate data about all their trades.
quote:
Originally posted by Agriv8
Why should you find this suprising ? the oil companies are there to make a profit if regulation is not tight enough (or they can 'LOBBY' politicians or even sponser their Election campaigns ) to stop the manipulating the market they will do it.
quote:
Originally posted by MikeRJ
quote:
Originally posted by Agriv8
Why should you find this suprising ? the oil companies are there to make a profit if regulation is not tight enough (or they can 'LOBBY' politicians or even sponser their Election campaigns ) to stop the manipulating the market they will do it.
I think you have missed the point. This is not about oil companies maximizing their profits (which you would certainly expect them to do), but rather about the banks manipulating the entire economy for their own interests. The same banks that like to use phrases like "under-report" instead of "lie".