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Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !

 
Anonymous Coward
User ID: 19582961
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07/16/2012 12:17 PM
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Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Concerns are growing about the reliability of oil prices, after a report for the G20 found the market is wide open to “manipulation or distortion”.

Traders from banks, oil companies or hedge funds have an “incentive” to distort the market and are likely to try to report false prices, it said.

Politicians and fuel campaigners last night urged the Government to expand its inquiry into the Libor scandal to see whether oil prices have also been falsely pushed up.

They warned any efforts to rig the oil price would affect how much drivers pay at the pump, which soared to a record high of 137p per litre of unleaded earlier this year.

Robert Halfon, who led a group of 100 MPs calling for lower fuel prices, said the matter “needs to be looked at by the Bank of England urgently”.

[link to www.telegraph.co.uk]
Anonymous Coward (OP)
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07/16/2012 12:24 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Robert Halfon, who led a group of 100 MPs calling for lower fuel prices, said the matter “needs to be looked at by the Bank of England urgently”.


Looked at by the BOE ??????????????

laugh

He is kidding right ?
Anonymous Coward
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07/16/2012 12:35 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Robert Halfon, who led a group of 100 MPs calling for lower fuel prices, said the matter “needs to be looked at by the Bank of England urgently”.


Looked at by the BOE ??????????????

laugh

He is kidding right ?
 Quoting: Anonymous Coward 19582961


I fail to see the humor. angryface

*sarcasm off*
Anonymous Coward
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07/16/2012 12:54 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Lie More

"Freemarket"; where as your money is free for them to take it.
Anonymous Coward
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07/16/2012 12:56 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
No Wonder the economy is so slow
humanitech
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07/16/2012 12:58 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Concerns are growing about the reliability of oil prices, after a report for the G20 found the market is wide open to “manipulation or distortion”.

Traders from banks, oil companies or hedge funds have an “incentive” to distort the market and are likely to try to report false prices, it said.

Politicians and fuel campaigners last night urged the Government to expand its inquiry into the Libor scandal to see whether oil prices have also been falsely pushed up.

They warned any efforts to rig the oil price would affect how much drivers pay at the pump, which soared to a record high of 137p per litre of unleaded earlier this year.

Robert Halfon, who led a group of 100 MPs calling for lower fuel prices, said the matter “needs to be looked at by the Bank of England urgently”.

[link to www.telegraph.co.uk]
 Quoting: Anonymous Coward 19582961


friend what do you expect!... we all live under fake, corrupt and criminal elite, hierarchical and corporate rule..and they are all connected players in this insane but amusingly pretentious ponzi scheme game called humanity.

good job I have no interest in the game and very humble expectations.
Anonymous Coward (OP)
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07/16/2012 01:07 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
No Wonder the economy is so slow
 Quoting: Anonymous Coward 1494703


Explain ?
Anonymous Coward
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07/16/2012 01:13 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
This is the same ole, same ole. This is no suprise.
Anonymous Coward (OP)
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07/16/2012 01:28 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
The oil pricing scam is gaining strength !!

Deeper coverup ongoing right now (this minute) !!

However, Simon Lewis, chief executive of the GFMA wrote in an open letter to IOSCO: "there is potential for conflicts of interest to arise where PRAs engage in revenue generation, price reporting and news services on oil markets, as incentives may arise to favour those who pay greater subscriber fees or provide greater access to market information."

Mr Lewis called for "barriers or fire walls to minimize contamination risk of information."


[link to www.bbc.co.uk]
Anonymous Coward (OP)
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07/16/2012 01:31 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Oil is bieng manipulated higher (as consumption plummets) to support the American Dollar through the demand of the Petrodollar/Reserve Currency. The higher the price of oil the higher the demand for "DOLLARS"

Pretty simple really !
Anonymous Coward
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07/16/2012 01:31 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
The oil pricing scam is gaining strength !!

Deeper coverup ongoing right now (this minute) !!

However, Simon Lewis, chief executive of the GFMA wrote in an open letter to IOSCO: "there is potential for conflicts of interest to arise where PRAs engage in revenue generation, price reporting and news services on oil markets, as incentives may arise to favour those who pay greater subscriber fees or provide greater access to market information."

Mr Lewis called for "barriers or fire walls to minimize contamination risk of information."


[link to www.bbc.co.uk]
 Quoting: Anonymous Coward 19582961


Yeah, that will work.
They probably hang out together after work, having martinis.
Anonymous Coward
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07/16/2012 01:31 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Very true - also see Thread: Conspiracy deepens! Bank of England order libor scam
Anonymous Coward
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Japan
07/16/2012 01:32 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Funny how Soviet-style managed economy and fakes statistics somehow triumphed over the supposedly sacrosanct "free market" after all.
jingoinigo

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07/16/2012 01:35 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
hi get rid of the jewish people
Anonymous Coward (OP)
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07/16/2012 01:41 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Growing bigger by the minute right now !

Take, for example, the idea of "goodwill". It's an accounting entry that allows companies to book, as an asset, the difference between the "book value" of a company it bought and the price it actually paid for that company.

In other words, if a company "overpays" to buy one of its competitors, it matters not a whit, because that "goodwill" sits on its balance sheet. Sadly, we can't do the same with the Ford Mustang we saw on ebay last week. (Try paying $50,000 for a classic car worth $30,000 and then asking your bank manager for a loan against the difference).

Would it surprise you to know that the size of that mysterious "goodwill" is more than the annual GDP of the United Kingdom?

Global stock markets are worth around $57tn. If normal estimates of goodwill are accurate (which itself is a bit of an issue) we can assume around $1.8tn of that value is, at best, nothing more than a guess (after all, how does one define "overpay")?


[link to www.ibtimes.co.uk]
Anonymous Coward
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07/16/2012 01:46 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Reeeeeally? You're just now figuring this out??

I got news for you. Basically every part of our lives these days are manipulated so to squeeze the maximum profit out of us for a select few in this debt-based fiat currency fantasy land hell hole of a world we live in. The mortgage on that house, your cars that you're forced to drive, gas, energy, food, health, education, etc. All of it.

So until everyone snaps out of the spell, gets on the same page & starts dispensing mob justice on these controlling tyrants, instead of arguing over who's team is better like its some kind of god damn football game with the same bullshit talking points fed to us by the corporate-owned MSM, it will continue.

And you know? Maybe it should. If we're all that stupid then we deserve it.
Anonymous Coward
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07/16/2012 01:47 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
OP headline = duh!
Anonymous Coward (OP)
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07/16/2012 01:48 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Reeeeeally? You're just now figuring this out??

I got news for you. Basically every part of our lives these days are manipulated so to squeeze the maximum profit out of us for a select few in this debt-based fiat currency fantasy land hell hole of a world we live in. The mortgage on that house, your cars that you're forced to drive, gas, energy, food, health, education, etc. All of it.

So until everyone snaps out of the spell, gets on the same page & starts dispensing mob justice on these controlling tyrants, instead of arguing over who's team is better like its some kind of god damn football game with the same bullshit talking points fed to us by the corporate-owned MSM, it will continue.

And you know? Maybe it should. If we're all that stupid then we deserve it.
 Quoting: Anonymous Coward 14348562


clappa
psyoptics

User ID: 14240707
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07/16/2012 01:49 PM

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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
well now the truth is coming out, for a long time all the markets have been manipulated!
a good video editor can make anyone say anything the editor wants.
Anonymous Coward (OP)
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07/16/2012 01:54 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
well now the truth is coming out, for a long time all the markets have been manipulated!
 Quoting: psyoptics


You can bet something is going to happen in the next few days to put this at the bottom of the relevant news list !!

Just Watch !

any minute now something is going to happen to deflect the focus as this thing is growing into a "MONSTER" quick !

"EVERYTHING BEING MANIPULTED" !
Anonymous Coward
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07/16/2012 02:07 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
if you have money - you have power.
if you have much money - you have even more power.
if you have much more money - you have the power to enslave the poor and do anyting imaginable to get more money.

that's how capitalism works.

surprise?

...No...
Anonymous Coward
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07/16/2012 02:08 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Concerns are growing about the reliability of oil prices, after a report for the G20 found the market is wide open to “manipulation or distortion”.

Traders from banks, oil companies or hedge funds have an “incentive” to distort the market and are likely to try to report false prices, it said.

Politicians and fuel campaigners last night urged the Government to expand its inquiry into the Libor scandal to see whether oil prices have also been falsely pushed up.

They warned any efforts to rig the oil price would affect how much drivers pay at the pump, which soared to a record high of 137p per litre of unleaded earlier this year.

Robert Halfon, who led a group of 100 MPs calling for lower fuel prices, said the matter “needs to be looked at by the Bank of England urgently”.

[link to www.telegraph.co.uk]
 Quoting: Anonymous Coward 19582961


friend what do you expect!... we all live under fake, corrupt and criminal elite, hierarchical and corporate rule..and they are all connected players in this insane but amusingly pretentious ponzi scheme game called humanity.

good job I have no interest in the game and very humble expectations.
 Quoting: humanitech 19891376


You hit the proverbial nail on the head humanitech...indeed!!! TY!!

cheers
Anonymous Coward
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07/16/2012 02:10 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
OP headline = duh!
 Quoting: Anonymous Coward 17394988


chuckle
Anonymous Coward
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07/16/2012 02:16 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
that is why hyenas like Greenspan and his advocates salivate when they talk about free trade and free markets, free from regulation so they have the freedom to manipulate unhindered.
SaveUSa

User ID: 13002758
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07/16/2012 02:21 PM

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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Precisely what happens when a handful of companies are allowed to grow to the size they are today. Collusion and control.

Now they generally write the laws too.

Ain't it great when your lawmakers are literally bought and sold by the monopolies they're supposed to protect you from.

Welcome to the NWO...
Within the surreal depths of "reality" lies the truth.
Cybermerc

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07/16/2012 02:27 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Concerns are growing about the reliability of oil prices, after a report for the G20 found the market is wide open to “manipulation or distortion”.

Traders from banks, oil companies or hedge funds have an “incentive” to distort the market and are likely to try to report false prices, it said.

Politicians and fuel campaigners last night urged the Government to expand its inquiry into the Libor scandal to see whether oil prices have also been falsely pushed up.

They warned any efforts to rig the oil price would affect how much drivers pay at the pump, which soared to a record high of 137p per litre of unleaded earlier this year.

Robert Halfon, who led a group of 100 MPs calling for lower fuel prices, said the matter “needs to be looked at by the Bank of England urgently”.

[link to www.telegraph.co.uk]
 Quoting: Anonymous Coward 19582961



You forgot to add the prices on LCD's

[link to money.cnn.com]

For more than eight years, many of the world's biggest technology manufacturers allegedly colluded to inflate prices for the liquid crystal display (LCD) screens used in televisions, computer monitors, and laptops. Last week, three of them agreed to a $571 million settlement, the latest in a string of deals with payouts that now top $1.1 billion.
 Quoting: [link to money.cnn.com]


It's true, everything is being manipulated. wtf

Last Edited by Cybermerc on 07/16/2012 02:28 PM
"If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy."
- James Madison

“The first time you blow someone away is not an insignificant event. That said, there are some assholes in the world that just need to be shot.”
- Marine Gen. James Mattis
Anonymous Coward
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07/16/2012 02:29 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Even though most of us on GLP knew this or at least believed it to be true, when it comes out in the open it's pretty upsetting, a disgrace.
Anonymous Coward
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07/16/2012 02:29 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Free-market capitalism works best for the most greedy. Inevitably the most unscrupulous and self-seeking prosper in such a system.
Anonymous Coward
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07/16/2012 02:43 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
The only free market is for bankers. Period.
Anonymous Coward (OP)
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07/16/2012 02:44 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Even though most of us on GLP knew this or at least believed it to be true, when it comes out in the open it's pretty upsetting, a disgrace.
 Quoting: Anonymous Coward 11171736


WORD !!

rockon
Anonymous Coward
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07/16/2012 02:50 PM
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Re: Lie-bor manipulated, Gold manipulated now Oil manipulated.....? Everything in the "So called Free market" is manipulated.....EVERYTHING !
Concerns are growing about the reliability of oil prices, after a report for the G20 found the market is wide open to “manipulation or distortion”.

Traders from banks, oil companies or hedge funds have an “incentive” to distort the market and are likely to try to report false prices, it said.

Politicians and fuel campaigners last night urged the Government to expand its inquiry into the Libor scandal to see whether oil prices have also been falsely pushed up.

They warned any efforts to rig the oil price would affect how much drivers pay at the pump, which soared to a record high of 137p per litre of unleaded earlier this year.

Robert Halfon, who led a group of 100 MPs calling for lower fuel prices, said the matter “needs to be looked at by the Bank of England urgently”.

[link to www.telegraph.co.uk]
 Quoting: Anonymous Coward 19582961


As if this is not already known fact. Give me a break. So the question is WHY NOW - what are they up to? A reason to necessarily skyrocket prices at the pump?

News