OTEC(Organization for the Tomato Exporting Counties)


So, what is the price of gas in your neighbourhood today? I drove by the local gas bar (pictured facsimile) that borders the local dealers cartel (price fixing at its best) and it was $1.18. I slowed to pull in, but the pump area was a mirror image of the chaotic streets of Italy and Greece from my backpacking days of the 1970s. It had all the ingredients of the bumper cars in the summer fairs. I decided to drive by, when; I noticed the cabby’s from the neighbouring town also lined up for fuel. Well, that was a signal or omen I could not ignore.

Speaking of high prices, if you have been paying any attention at all this week, you will have undoubtedly heard about raising prices in rice, milk, wheat, Soya and corn. OMG, I used to reel in revulsion at the thought of the marketeering of water. But the agri industrialist price fixers have taken a page from the petroleum marketeering hogs. The media reported that the rice producing countries were copying the neoglobal industrialist business models (a polite reference to elitist MBA parasites) and icons in petroleum to create a rice consortium to mirror the model of OPEC (Organization of the Petroleum Exporting Countries). The paddy staple (in the same vein as fossil fuel) spokesperson, pleaded and pledged the principles of the rice consortium had no intention of parralelling the principles for the prices of the rice paddy production the way OPEC had been doing for oil over decades.

When asked, what the name of the consortium being contemplated was called, the release reported it to be the Organization of the Rice Exporting Countries (OREC). My gut did a flip. Egad, shades of WMD lie. What do these elitist global marketeers take us for (rhetorical question)? Well, I guess we are still sending soldiers to their fate while we never did take the shady WMD perpetrators to task for pulling the wool over North American eyes. WELL NOT THIS TIME. Please join me in putting all your trust and faith (and oh yeah, your money) into my Organization for the Tomato Exporter Counties (or OTEC). I will band all the greenhouses together to sell you shares in a good old fashion monopolized bloated market for Ketchup and Tomato Juice.

All kidding aside, do you see where this is taking the North American consumer? Our propensity to purchase foreign goods has come full circle…. gas will be $1.50l by the summer and no stopping the bleeding of consumers until the oil reserves are depleted. Soon to be joined by wheat price fixing making $2 bread, $20 by next year along with fixed prices of rice, corn (and maybe tomatoes too), etc. It will all be justified to the consumer as the cost of supply and demand with the emerging markets (AND CONSUMERS) of China, India, and industrialist Russia providing price fixers with the principles of global competition between a strengthening economy in the emergent countries and our ability (soon to be lack of) to pay the “emerging prices” (eg. China consumers will be willing and able to pay $250.00 a gallon and we will not..)
North America fell for WMDs, lets learn from our mistakes. Unfettered globalized competition will make North America the next third world. Pass it on.

Comments

SweetPea said…
Funny you should mention....the price of "WHEAT"....I wonder....has anyone thought about the price of FLOUR????

So...A woman wants to bake a loaf of bread...she can't find any flour...she searches and searches...to no avail...when, lo and behold she comes across a 20kg bag of flour....

The checkout girl does not understand the woman's excitement???? The woman explains "I live 25kms from here, this is the only place I have been able to find flour...."

Still, the checkout girl does not understand. "Surely, any grocery store you go to sells flour", she says to the woman. The woman replies, "Yes, pretty much every grocery store sells flour, but have you tried to buy any lately???" "This is the ONLY 20kg bag from Wheatley to Windsor!!!"

I would like to know, when did flour become such a 'HOT' commodity???

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