Wednesday, July 31, 2002

Comments on article, "Coffee cartel forming, might drive prices up in Asia"

You probably do not remember my post to you several months ago, but I was not all all positive about this "CoffeeKid" garbage talk about the poor state of affairs in the coffee producing regions. Without getting into the details of my previous post and feelings about this issue I brought up the point, at that time, that messing around with the economics of any produced good entices the emergence of "dictator or tyrant" type individuals bent on the sole venture to control prices in the marketplace. This ruler type mentality is clearly evident with the problems with OPEC and crude oil. Now I notice a article in your digest, titled "Coffee cartel forming, might drive prices up in Asia."

At the time of my previous posting I had the premonition that some individuals were trying to form such an alliance to influence the coffee market and the resultant prices. This is not rocket science and anyone with any sense knows that dangling this idea out in public would only hasten the emergence of these coops or cartels. I believe, eventually, this idiotic public posting of this "poorman's dilemma" is going to produce a sorry state of affairs in the coffee industry.

As mentioned before, the US has enough of their own poverty that needs to be taken care of before focusing on these other countries issues. People in our own backyards are in bad shape and people would rather pretend the problem does or never did exist because they "got theirs!" The "got mine" attitude makes it simple to overlook the poor state of affairs of the person sitting right next to you! It simply can be likened to being blindfolded to the truth. This is what I found so offending on that CoffeeKids Poorman's post. I immediately thought at that time "who is trying to forge an alliance here?"

It is always best to let market forces drive supply and demand and the resultant prices for products. Ronald Reagan and his "Voodoo Economics" can be held directly and solely responsible for a lot of the inflation and the formation and emergence of these cartels and supply problems we so often see and experience. And looking at OPEC, any person can see that this is not a group of fair minded individuals looking out for the welfare of the "poorman." Or do you tend to disagree with that assessment?

Mark my words and just watch what happens over this issue now. I knew it long before this article released. Don't worry about "cartel might drive up prices!" They will and others will jump on the bandwagon.

Of course, all this coop and cartel talk is smoke screened with all the potential benefits, but the underlying true reasons and strategies are being withheld by the influential powers who are waiting in the wings to rule these cartels.

It truly is going to become a sorry state of affairs if this alliance forms.

"Call Me Snake!"



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