Thursday, August 23, 2007

So went the "free market"

But in Germany, where there is concern about Russia’s buying up pipelines and energy infrastructure and squeezing Europe for political gain, Chancellor Angela Merkel has warned that purchases by foreign governments or government-controlled companies pose a risk.

“How do we actually deal with funds in state hands?” Ms. Merkel said at a news conference in July. “This is a phenomenon which until now has not existed on such a scale.”
She's right.

Governments control these markets now.

Blackmail for oil and gas has been added to the

Full article.