girl gone mad
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Sun Oct-30-11 02:22 PM
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Meet The Mysterious Trading Firms Who Control The Price Of Commodities |
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Meet The Mysterious Trading Firms Who Control The Price Of CommoditiesWelcome to the real world of commodities trading. Home to firms like Vitol and Trafigura, who trade more oil than Saudi Arabia and Venezuela can produce. In a new report, http://www.reuters.com/article/2011/10/28/us-commodities-houses-idUSTRE79R4S320111028">18 Reuters' reporters and editors profiled 16 giant commodity companies that often go unnoticed. Combined, they generate annual revenue of $1.1 trillion. The top five pull in $629 billion, rivaling the five largest financial institutions on the planet. What they learned: They're massively profitable. They disrupt markets. Government's have little ability to police them. And they have ambitious plans to grow. http://www.businessinsider.com/presenting-the-worlds-16-largest-commodity-traders-2011-10#ixzz1cIKC3iZr">more...
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Autumn
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Sun Oct-30-11 02:28 PM
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1. Like all noxious weeds, as they grow they choke out |
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and kill everything else. Spurge
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Name removed
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Sun Oct-30-11 02:35 PM
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Message removed by moderator. Click here to review the message board rules.
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phasma ex machina
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Sun Oct-30-11 02:37 PM
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3. City of London bankster Jacob Rothschild, 4th Baron Rothschild, worth an estimated $320 trillion is |
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Edited on Sun Oct-30-11 02:45 PM by phasma ex machina
missing from the lits. Back in the day, Great Grandpappy Nathan Rothschild, 1st Baron Rothschild, bragged, "I care not what puppet is placed on the throne of England to rule the Empire. The man who controls Britain's money supply controls the British Empire and I control the British money supply."
Our Baron stealthily controls both Britain and its de-facto colony of America.
"The last duty of a central banker is to tell the public the truth." - Federal Reserve Board Vice Chairman Alan Blinder, Nightly Business Report, 1994
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ProfessionalLeftist
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Sun Oct-30-11 02:50 PM
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4. The Kochtopus is of course listed... |
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THE 'KOCHTOPUS'
WHO: Koch Industries, founded 1920s by Fred Koch
WHERE: Wichita, Kansas
WHAT: Oil TURNOVER: $100 billion (2010)
CEO: Charles Koch STAFF: 70,000
By Joshua Schneyer
Founded in the 1920s by patriarch Fred Koch, a U.S. engineer who developed a new method of converting oil into gasoline, Koch helped to build a refining network in the Soviet Union in the 1930s. Fred Koch returned to the United States with a visceral hatred for Joseph Stalin and communism. A fiercely libertarian ideology and ultra-competitive engineering prowess live on at Koch Industries' spartan headquarters in Wichita, Kansas, a former Koch executive told Reuters.
With around $100 billion in sales, Koch Industries is a heavyweight among U.S. oil trading firms, and one of the most secretive U.S. corporations. Investors can forget about buying shares in the wildly profitable, family-run firm any time soon.
In oil markets, Koch is a brutally efficient middleman. A master of physical markets, it owns a 4,000-mile U.S. pipeline network and three of the country's most profitable refineries. Many small producers rely almost entirely on Koch to buy, sell and ship their crude. The company now operates in 60 countries.
The Koch brothers, Chairman and CEO Charles and co-owner David Koch, are high-profile supporters of libertarian and anti-regulation U.S. politics. Among their campaigns is one to end the U.S. Environmental Protection Agency's mandate for regulating greenhouse gas emissions. A profile in the New Yorker magazine last year identified the brothers as behind-the-scenes operators who bankroll the U.S. Tea Party movement. The Kochs have denied funding the Tea Party, but their empire's far-reaching tentacles in the political arena have spawned a nickname: the 'Kochtopus'.
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Dover
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Sun Oct-30-11 02:57 PM
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5. Wow... if there are any doubts left about the abuse of power by |
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Edited on Sun Oct-30-11 03:03 PM by Dover
the biggest players this ought to erase any remnants. Not only questions about whether the markets are rigged and manipulated, but also questions of accountability relative to the sovereign nature of these behemoths that act on their own behalf outside any government, national or international laws and/or regulations. They wage their own wars, cut their own trade deals, exploit the enviornment, ETC. as an independent entity and in the cause of their own interests. In fact, because the only thing that defines their sovereignty is size and wealth, there are no constitutional laws or guiding principles, no morality or responsibilities to humanity or the planet in their makeup. They are opportunistic cancers eating away at the body of this planet. So how does one cure oneself of cancer?
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DU
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Thu Apr 25th 2024, 12:10 AM
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