Diversionary tactics?

[James Armstrong]

Letters to the Guardian, 23 May 2009

One of C. Northcote Parkinson's postulates was that the amount of time spent on any committee item was in inverse proportion to the amount of money spent on it..   Does this explain why Parliament and indeed the whole country seems more exercised by the thousand-pound peccadilloes of a handful of M.P.'s, than by the million-pound salaries of city drones, and the billions salted away in off-shore bank accounts?

Simon Fairlie 


Bailout banks hoard oil, eyeing price hikes
Published on 06-04-2009
http://www.911forum.org.uk/board/viewtopic.php?p=135299#135299
The giant US bank JPMorgan Chase has reportedly hired a newly-built supertanker to store heating oil off the Mediterranean island of Malta. Other companies, including BP and a unit of Citigroup, have also hired ships to store either crude oil or oil products.
According to Bloomberg.com, “Traders were already using smaller tankers to store record volumes of jet fuel and heating oil in Europe as on-shore tanks filled up.”
This latest move comes amid suggestions that recent increases in oil prices may be the result of speculators looking for a new financial bubble, prompting fears that increases in energy costs could stall any hope of an economic recovery...........
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