Prout and World Poverty - Part 2 of 4

Dr. Ravi Batra, Professor of Economics, Dallas Texas (USA) sent a Video message on the occasion of Prout Convention held Uttam Mancha, Kolkata on 9th September 2007. This is the Part 2 of 4.

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News & Politics

Tags:

• Prout
• Proutist
• Universal
• Ravi
• Batra
• Poverty
• USA
• World
• economy

[Slavesrevolt]

So many factors come together to cause the overall problem.

People continue to stay where they are and do what they're told. Enlist, work, breed, buy food, raise more economic slaves in the universal school system, pay taxes, stay tuned to the TV for more state approved activities, be prepared to case build and lie to support the state's case.

GovCorp has control of Money educational media energy food water religion military and all the policies of the greedy pyramid scheme we live in.

[marcellaboccia]

PEACE

[csvtom]

I am not arguing with his main point about corruption. But is oil supply increasing? What about peak oil? Even if they don't believe it, the oil companies fear this idea, meaning they doubt whether the supply they have will last.

[ashatut]

His analysis is as if we are in 1950s. He is till stuck in grandpa's economics.

[mimana2]

Ravi Batra is showing the true about the rats in the power groups. They are shaking of fear in NYC big banks and savings...where the oil money was played.

[FriedDaisy]

We have been watching over the last several weeks as our corrupt officials have continued to ignore our laws even as they've been illegally handing out public funds to private entities & allowing banks to merge with one another so that they could earn the title "too big to fail."

What in the world is going on? Does the rule of law only apply to the little people whose tax dollars are being handed out like Halloween candy to criminal corporations by corrupt politicians?

This is absolute treason

[FriedDaisy]

The monopoly power enjoyed by the oil industry was the one & only factor at the bottom of the rape at the pump- & the increased price of everything produced by every other industry even remotely touched by gas prices- we experienced over the past year.

Our corrupt gov officials have refused to enforce our laws which prohibit merging of huge corporations into monopolies & the entities which have emerged from that lack of oversight have destroyed our economy & threatened our national security

[AshiStarshade]

Does the rule for "increased costs results in lower profits" really apply to cases with inelastic demand? I think the demand is close to inelastic here, so maybe this rule does not apply.

[AshiStarshade]

How can this be true unless oil imports are restricted? If the oil prices are "high" in the US, why doesn't India just sell their oil more cheaply in the US and capture the market? Or is it that the supply side is restricted in India? In this case, there really isn't an excess of supply, and the increased demand could a real reason.

[gunapie]

What about all the money flowing from other sectors into fuel as a short term investment? These investments are helping to drive up the price as it does with any commodity.

[result321]

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