thenotsomightyom

Thanks to Rafael Salido and Euro News for the Headline.

It’s not only the oil that powers our cars and supplies us with energy that has it’s prices controlled on the basis of Supply and Demand. However, the simplicity of the Olive Oil Model shows how the Powers that be make the decision to control the output.

For the first time Spain, one of the World’s biggest suppliers of Olive Oil is holding back 12% of its output from November to stop producer prices falling further.

The Olive Oil producing mills are being asked to store the excess oil, until 30th September 2027 which is the end of the growing season and will stop the current market being flooded and cause prices to fall.

Olive Oil was hit by poor growing conditions a few years ago but has recovered well now and the opening stocks and forecast output together are at least 20% above the average for the last six previous seasons. This enables the Spanish Government to take action.

Is this price protection and stability a good idea with the market controlled to protect producers and consumers . It certainly runs against the idea of a “free market” economy. However, with out the controls the markets would be flooded.

Namaste and Thank You for Reading.🙏

Thanks to Ryan. J.Reilly and Gary Grumbach and NBC News Online for the Headline.

It’s been quite interesting trying to understand the role of the Department of Justice in the United States, with various high profile cases including ICE and the debacle of the Lincoln Memorial Reflecting Pool.

It doesn’t seem very long ago that President Trump was pillorying Jeanine Pirro over her decision about the pool when she finally decided that with further investigation it was in fact bad workmanship by contractors that had caused the problems and not vandalism.

In the background though the Assistant Attorney General for Civil Rights, Harmeet Dhillon was leading some of the Trump’s administrations most controversial legal manoeuveres including lawsuits against Top Universities for discrimination , as well as not opening a “use of force ” investigation into the ICE officer whos shot and killed Renee Nicole Good in Minnesota earlier this year.

In addition Dhillon used her position to file Lawsuits against 30 states in an effort to obtain voter registration lists months before the mid term elections.

Now she has resigned her post as Defender of Civil Rights , and will move onto fresh pastures. The mid term results were not to her liking , and perhaps she feels she can no longer achieve her goals as a supporter of the Trump administration. Perhaps things would be too difficult with the Democrats now controlling the Senate and Congress or perhaps she feared facing a legal challenge herself if she stayed in the role.

Whatever the reason, she has resigned, which I think is odd, as Trump’s administration still has two years to go.

Namaste and Thank You for Reading.🙏