2012-05-31-1651-28 IMG_6569aaaap
The costs of the disasters represent a wealth transfer to the rich:
“Record drought gripped much of the U.S. in 2022
Nation struck with 18 billion-dollar disasters”
The expression “global fossil fuel suicide pact” is not entirely apt.
Remember the rich plan on surviving. But when they orchestrate a self serving scheme resulting in the mass death of any group or class of people it should be called genocide. And when it comes to today's planetary degradation via destruction of the life supporting ability of the atmosphere those that are and will continue to be dying are the nonrich. In fact, they nonrich are even targeted. This is genocide.
But apparently if the criteria to be selected for death by the ruling class was anything else, say, race or religion, it would cause an uproar and be rightfully compared to the acts of Hitler and America’s Native American population. But the killing is of the nonrich by a fascist state it’s legally acceptable
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The priorities of rich people go before country, political parties, and of course 99% of Americans.
Oil investment is an investment in a wealth concentrating scheme that uses a necessary purchase to bleed working Americans and transfers it to a stock market predominantly owned by the rich.
Using energy as the underlying good because it is a good all Americans have to buy to function and stay alive and this particular good has paid to have the vast bulk of its costs fobbed off on to consumers making it highly profitable. Also, the cash cost to consumers of energy is at the core of inflation. Energy effects the price of everything. It is key to the basic cost of living. The basic cost of living, in turn, effects labor’s demand for wage levels. By emphasizing that the cash costs to producers of energy are minimized govt can put downward pressure on wages and upward pressure on profits of business owners outside the energy industry.
But the unrecognized costs of energy don’t go away. These costs manifest in other ways in current and future generations. Then it becomes Govt’s mission to obscure the relationship of these cost manifestations have to energy
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