ANS Oil Price

From the crypt of Theodolite Stevens: Alaska North Slope oil falls below $60. Even though the State of Alaska Department of Revenue web-site did not post the December 12^th market price, it is at $58.37 a barrel delivered to the West Coast and dropping. See, the SOA didn't think it would ever again go below $60, so its on-line calculator is stuck! This is good as “Big Oil” wanted $58 bucks, so it looks as though after several years of inflated oil prices biased by Wall Street brats and a sensation for “speculative” gambling, well things are beginning to find some semblance of tame, calm and cool off due the “Speculation” busted, as “Big Oil” has finally taken back control. Sure the “Brats” made their money and now bored so will move on to other ways to rob, like with the “Pension Forfeiture Act”. If you are soon to retire, read on. If you are young an dream about retirement some day, read on. The “Forfieture Act” is a measure – nobody takes credit for how it ended up in the bill – attached to the House “Budget” approved by Don Young is now before MoanaLisa MurCowpie for a Saturday night date rape special. Honestly, why in hell would John Kline(R) along with George Miller(D) want to raid one's retirement? This is a “Bipartisan” plan of attack, upon America! See, Congress cannot do anything together worthwhile unless it disenfranchises! Said again, there is good with the decreasing oil wealth, as it brings the price downwards enough to where “Big Oil” finds its best “Return-on-Investment”. So even though jobs may be cut-back in the “Independent” sector - those heavily leveraged with “FRAC” commitments - we should see a rebound in money that was set aside by “Big Oil” when oil went above the $60 “Drop Dead” kill all infrastructure projects so what that pipeline is leaking, for projects freed up once again. And that will increase employment, with better wages. We win at the gas pumps, they win at the loan office. Wow. America maybe getting back some normalcy, we shall see. In the meantime, best take that pension-plan retirement money out now – even if it means a stiff fine due IRS early withdrawal penalties. But low and behold, the IRS enforcement budget was cut once again by the Cromnibus god, loosing about 30% since Obama became Commander-in-Chief? So, cut your ”pension” loses now and invest it in a bank, which will always find protection, until such time Kline & Miller find out where we are hiding our inheritance. But act now, as this could mean a run-on the “Pension Investment” entities, which finds today a $4-Trillion dollar shortfall, for the money we put into the damn plan, as an investment for our future! See if the Federal Pension Benefit Guaranty Corporation – a U.S. Taxpayer Bail Bondsmen Band-aid – if it is called upon to bail out this “fund” due insolvency, that means at least 4-years of War games placed on the sideline. But instead of defunding the “WAR MACHINE” addiction, we have a Congress that wants to keep up with the “killing fields” and at the same time kill your retirement? See, a run on the PBGC would bankrupt a government owned entity, driving down the United States “Credit rating”, which could be disatous to the assholes that loan Uncle Sam money and require an interest payment that, well we will never pay it back. See, somebody - most likely a member of Congress - came up with the bright idea to allow Uncle Sam to print money and then loan it to private interests at 2% interest, then we buy it back at 4%? It gives “Counterfitting” a whole new meaning. Yes, there are so-called Americans that are making a killing like this! Where in hell do you sign up for this kind of welfare? And the “Federal Pension Forfeiture Act” that is part of this new “Budget” bill just voted upon by the Congress, it has no limits when a plan is heading towards insolvency, wherein that 15% withdrawal fine is well worth the lose of hard earned loot that could disappear. This measure, it allows rape upon your pension, it gives the investment firms an excuse to cry away your inheritance. Once this is passed for “multi-employers”, it will be just a matter of time before it is all under control of the “Brats”. And when you give Wall Street an excuse to rob with immunity, the crooks come out of the brick work. If you are still reading this, STOP, as you best get calling that “Pension Plan” agent and demand all your money today, even pay the extra for a “Priority Transfer”! OK, I know an individual that is wealthy, a 1%. He tells me his son is a “Brat”, works on Wall Street for a firm that specializes in riping off those that don't know better, which is the rest of us, the 99%. See, as we work our ass off to save for retirement, we place “Trust” in others, as that has always been the American way. Not so anymore! Basically in the “speculative & derivative” markets the way of the sword is like this. If one can find a vulnerability in any investment, doesn't matter if it is an elderly or individual that cannot fend for himself due medical problems or mental handicap, it is their “Street” duty to confiscate that weakness, for their own personal gain – the reason those so involved are called “Brats”. And there is no crime against this? Oh, look out since Eric Cantor showed up on Wall Street, as he is the biggest “Brat” of them all and will cause Americans to loose out what we thought was ours by virtue of, believing in America - “where are you now, don't you care about your sons and daughters”! Sad, an maybe by continuing down this path of a class warfare based on “Wealth”, wherein stealing away another man's hard earned capital finds acceptance and validity, well this nation may go down in the history books as a “short lived” victory! As when we have WAR declared right here by virtue of one's standing with “Wealth”, a nation no longer under “Guard” is a nation doomed! And remember what Bob Marley said to his son Ziggy while attending his death bed; “Money can't buy life”.