Here is a perfect example of our Fortune 500 oligarchy's mind frame...

[tedzbear]

Notice this wall street financial analyst has the attitude that the USA is protecting OPEC's oil for THEM, not us. He obviously thinks they should be grateful that we're in Iraq. IMHO the USA is protecting the oil for its own economic interests and profit. Multiply this guy's attitude by 500 (Fortune 500) and you have a pretty good estimate of what our corporate masters believe.



SAN FRANCISCO (CBS.MW) -- Hints that OPEC will discuss raising its oil price target and continued concerns over the availability of Iraqi oil pulled crude prices to their loftiest level in eight sessions and gasoline futures to a fresh record high Tuesday.

"OPEC has acknowledged that they are ready to ratchet up prices jumping possibly 30 percent," said Kevin Kerr, editor of Kwest Market Edge, a financial newsletter.

The cartel's president, Purnomo Yusgiantoro, said Tuesday that OPEC may review its $22 to $28 price target policy when it meets June 3 in Beirut, Lebanon, possibly raising the target by at least $4, according to news reports.

Kerr believes "OPEC is saying in effect 'hey thanks a lot for coming here , and if we need help we will call you again -- oh and by the way --- here is you bill for the oil you protect, we just increased it 30 percent, thanks for shopping.'"