Artificial Scarcity Vs. Resources Monopolization

Artificial Scarcity Vs. Resources Monopolization

Artificial Scarcity:

Under the Status-Quo system, earth resources, along with production of these resources, is controlled by a handful of International Corporations. Artificial Scarcity is the condition resulting from limitation in any production stage of products and services which would otherwise be plentiful and inexpensive. One way of accomplishing this is through a technique known as Planned Obsolescence, which we’ll address here.

Artificial Scarcity characteristics:

  • It artificially and unreasonably increases the price, as well as profits, of goods and services that would otherwise be inexpensive.
  • It implicates a fear of not having to keep us fighting to have and store more.
  • It fuels international wars driven by the illusion that there are basically not enough resources for everyone.

According to Paul D. Fernhout, creator of, “Capitalism requires scarcity in order to operate, and in that sense, is defective by design if we aim to universal abundance. If there is universal abundance under capitalism, it needs to be privatized and locked away, otherwise capitalism will cease to function.” As we can see Artificial Scarcity is needed for certain economic systems to prosper, but it at the same time creates much bigger economic problems. For example, low paid workers can be endlessly pitted against each other for “jobs” at the lowest possible compensation, and hence divided and collectively swindled, forever.


– According to The Financial Times Ltd, unmet high demands to work and live in Britain’s successful capital makes its failure to provide sufficient space more evident. Moreover, the scarcity of London land for development is mostly artificial, and is largely coordinated by politics. Influenced by other examples by Singapore government, which owns 80 per cent of the homes its population inhabits, along with, Hong Kong, which imposes restrictions on foreign buyers to limit ownership and keep the resources in the family. In contrast with Singapore and Hong Kong, London has sufficient land that could be better utilized for development but government restrictions suffocate the supply of land and keep the prices high.

– Diamond is another great example of a plentiful resource that’s given artificially scarce status. Until the late 19th century, diamonds were found only in a few riverbeds in India and in the jungles of Brazil, and the entire world production of diamonds at that time amounted to a few pounds a year. Fast forward to 1870, when huge diamond mines were discovered near the Orange River, in South Africa, diamonds were being scooped out by the ton. The market was flooded with diamonds and the price that depended greatly on scarcity fell, to keep prices high and profitable The British financiers who organized excavations of the South African mines monopolized the market (a technique which we’ll discuss later on) and limited the production of diamonds in hopes to keep the prices high.

In light of these examples, Artificial Scarcity is a status and reputation where public demands could be met by better utilization of already available resources, but is often left unfulfilled due to various reasons such as price effect, political influences and governments and individuals’ hidden agendas.

Resources Monopolization:

Resources Monopolization is nearly complete control over natural resources that are critical to the production of a good. Dictatorship over a resource gives the owner of the resource the ability to raise the market price well over marginal cost without losing clients to competitors. In other words, Monopolization exists when single individual or enterprise is in control of a particular commodity absent of economic competition. This is a classic outcome of imperfectly competitive markets that allow the firm to determine the price regardless of demand or economic value.

Distinctive traits of Resources Monopolization

  • Lack of competition.
  • Exclusive rights of certain resources in a specific region or even in global market.
  • Monopolized profits due to monopolized prices that do not correlate to demand or value.
  • Monopolized resources market is usually associated with Barriers to Entry enforced to prevent new competitors from entering the market.



– De Beers Consolidated Mines Ltd, 19th Century.

A classic example of a monopoly based on resource dictatorship is De Beers Diamonds Ltd. The story begins when English-born businessman Cecil Rhodes started renting water bumps to diamond miners in South Africa in the 1870s. Rhodes sensed that he’d ventured into untapped market and started buying as many diamond mines as could, his collection of mines later became De Beers Consolidated Mines Limited in 1888. De Beers was named after a mine Rhodes bought in 1880 from two brothers “De Beer.” Exploiting the miners need for common infrastructure and to form diggers committees it only took a few years for De Beers to become the owner of almost all of South Africa Diamond mines.

By then De Beers had a complete control over the mines and hence the production of diamonds for most of the 20th century when Diamonds production was limited to India and Brazil. De Beers monopolized the Diamond market and eliminated competitions.

Absent of De Beers influence on such a rather otherwise inexpensive and useless gem, Diamonds would have a normal price tag of $2 to $30 given that it’s not actually scarce resource nor is it essential in any form.


In Conclusion

Artificial Scarcity along with Resources Monopolization have tremendous effects that could last for centuries and are very difficult to neutralize as we’ve seen in previous examples, but they are not impossible to overcome and could be avoided. By employing the right intermediate enterprises that would act as the gateway to global markets, as well as overcome physical burdens and limitations on suppliers and buyers choices, buyers and suppliers will no longer be limited to what’s currently available in their region. For example, Tajerinn is a global e-commerce that specializes in raw material advertisement and procurement that aims to revolutionize commodity market trends and is committed to achieve global resources sustainability.




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Posted by on January 12, 2016 in Uncategorized


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Resources Scarcity

the Economic Problem


In 2008 when the financial crisis began, the world consumption rate surpassed resources renewal rate by almost 50%. And as our population is expected to reach 9.6 billion by 2050 from its current level of 6.7 billion, more than 40% increase, this consumption rate is also expected to multiply and the inevitable result of this is resources exhaustion.

Resources Scarcity is right at the heart of economic studies, and as the term suggests, Scarce Resources are finite resources to meet an infinite demands, resulting in choice and sacrifice of some of those demands in order to meet more important ones. Determining ways to make the best use of resources or find alternatives is fundamental to economy prosperity.

We urgently need to find new methods of excavation, address wasteful mining and develop innovative business models that put resources sustainability at the heart of businesses operations. Despite the common belief scarcity does not depend on the value of the resource; however it could encourage responsible mining if directed correctly.
“The concept of responsible allocation and utilization of resources should be embedded in every supply chain management decision”

According to World Economic Forum’s Global Trends Report, Resource Scarcity was one of the most controversial topics, ranked at number 4 since 2011. Each resource sustainability issue presents its own set of challenges for economy to manage. If left unmanaged could lead to disruptions of supply, prices fluctuations and ultimately negate business advancements.

In conclusion, current economic development model is stretching beyond the planet’s capacity to accommodate and the interconnectivity between climate change trends and resource scarcity is intensifying this impact.


Artificial Scarcity

Artificial scarcity exists as a part of monopoly pricing structure. In a capitalist system, an enterprise is judged to be successful and efficient if it is profitable, and in order to maximize profits producers may, in some cases, limit production rather than pursue maximum utilization of resources. These strategies which implemented in various businesses models in a capitalist system or mixed economy are known as creating artificial scarcity.

Artificial scarcity is a double edged sword, in one way it helps the firm in maximizing its profits, but at the same time creates a bottleneck around the resource in order to squeeze every dime and penny out of the resource. It describes situations where the producer of a certain product enacts scarcity even though the producer would not lose the item in case someone else possessing it. Music, ideas and digital information are prime examples of non-scarce products that fall under the artificial scarcity category.


Artificial scarcity is a motivator in the development of goods and can be seen in the following examples.


  • Digital information

Information may be free to copy ad infinitum, but it requires a significant amount of efforts in order to develop the information in the first place. Efforts may take the form of time, research, interviews or inspections.

  • Pharmaceutical industry

Production of drugs in itself is fairly cheap to execute on a large scale, but a few stages before production and in particular in development stage new drugs are very expensive. Development stage investment alone could reach billions of dollars, and this is due to strict regulation, trials and side effects identifications and evasions. This muddle led drug companies to increase profit margins much higher than the initial investment, but this also attracts competitors. Not to mention the patent rights that gives the developer a limited number of years until the patent wears off leading to generic versions of the drug to enter the market, more salt on the open wound of pharmaceutical companies.


Pollution is a major factor on the quality of available resources. Pollution could contaminate resources and make it unusable, or in some cases increase refining costs way beyond the point of what’s economically accepted.


Ways to neutralize.

Power Demand 2030

Power Demand by 2030

Scarcity depends greatly on available technology and costs and therefore some scarcity cases could be temporary or even utterly avoided, innovative technology could help in mining what was once considered depleted resource deposits, it could also lower the costs by substantially lower waste levels, and in turn raise the resources supply quota. Contemporary mining techniques also help in developing new ways in mining that could minimize mining costs altogether.

Technology effect on scarcity issues could be witnessed by studying 2030 resources availability forecast for OECD (Organization for Economic Co-operation and Development) countries compared to non-OECD countries. While non-OECD countries will see an increase in energy demand, and in turn oil and other energy producing substances, equal to 41% of the current level, OECD countries demand level for energy will decrease by approx. 1%.

On a global scale, increase in non-OECD countries energy demand will rise by 2030 to account for 68% of global demand from its current level of 58%.

Recycling and using innovative recycling technologies could also help in cutting back the dependence on the extraction of raw materials by reintroducing the resource back in the market.

Although the financial crisis of 2008 is long gone yet we still live in its long tail, and together with Climate Change have triggered new production measures

Even though it’s favorable to create artificial scarcity, the following companies have recognized the opportunity to add more value to the brand, accomplish a fair usage resources policy and minimize negative footprint on the planet. They’ve also played a major and influential role that encouraged consumers to change procurement and consumption habits.



  • Coca Cola

Since scarcity correlates, to a certain extent, to demands, then logically a decrease in demand could lead to a change in scarcity severity, but what if decrease in demand is not possible as it will lead to decrease in production and in other terms profits! This dilemma requires innovative thinking to overcome and change in supply chain to guarantee resources sustainability.

By introducing Coca Cola new scheme “Keep the Happiness Going” the company began to recycle used bottles and cans, resulting in decline in its demand for new materials by almost 50%. This initiative not only reduced CO2 emission by approximately 25%, it also led to save around 750,000 barrels of oil that would’ve been used in production.

  • Intel

Coca Cola is not the only leading enterprise in resources conscious production. Intel Corp. not only produces energy efficient computer processors that “…offer great benefits to the consumer and the environment” but Intel also follows responsible operations metrics in order to minimize impact on environment. Moreover, Since 2008 Intel Corp. managed to recycle close to 75% of total waste produced during business operations, and according to reports the corporation aims to increase employers’ awareness of resources sustainability and decrease greenhouse gas emissions, energy & water usage, and waste generation.

  • Molycorp

Molycorp is considered the leading manufacturers of custom engineered rare earth and rare metal products. The company has taken concrete steps towards resources sustainability as it reopened Mountain Pass mine in the US after being closed for almost 13 years. The mine once supplied most of the world’s REE elements such as Calcite, Baryte, and Dolomite, is now re-emerging to, once again, become a major global supplier. According to 2008 estimates the mine still contains more than 20 million tons of ore.


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Posted by on January 9, 2016 in Uncategorized


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Iran Sanctions

Sanctions impact

Sanction is an intimidating tool in the hands of economically powerful country that could completely cripple the import and export operations of preyed countries, causing a substantial decline in the economy depending on how much it relies on imports/exports operations. Sanctions oppose the very fundamental spirit of targeted businesses, which is to expand and to move into new areas of opportunities in search for profits. Trade restrictions are capable of decimating companies and were the reason behind nearly bankrupting many companies. Perhaps the greatest illustration is how 2015 EU sanction impacted the joint venture project between Exxon Mobil Corporation and Russia’s Rosneft Oil Company that could result in $1billion in lost revenues. Sanctions are capable of decapitating companies because they impact opportunities, profits, relationships and resources availability.

On the other hand, sanctions could act as a door opener and a great opportunity for other countries. By sealing trade doors with a specific country, or in some cases continents, it automatically opens up other doors for other countries to enter the market and seize new opportunities. The greatest example is the exclusivity agreement between China and Iran in 2011, which gave Chinese companies exclusive rights to several oil and natural gas fields in Iran.

Another example, when OPEC (Organization of Petroleum Exporting Countries) along with Egypt, Syria and Tunisia declared an oil embargo on USA in October 1973, Japanese automakers ceased the opportunity and began to make compact and fuel-efficient cars for the U.S. market, resulting in a permanent and significant reduction in oil usage.

Forms of Sanctions.Forms of Sanctions

A sanction can be enforced in several ways. These ways include:

  • Tariffs – Taxes imposed on goods imported from a specific country.
  • Quotas – A limit put on the quantity of goods that can be either imported from another country or exported to that country.
  • Embargoes – A trade restriction that prevents a country from trading with another. A government can prevent its citizens or businesses from providing goods or services to another country. Strategic Embargo restricts military goods trade, while a Trade Embargo will restrict anyone from trading with a specific country regardless of the product type.
  • Non-Tariff Barriers (NTBs) – Non-Tariff restrictions on imported goods that can include increase in licensing complications and packaging requirements, product quality and additional requirements that are not specifically a tax.
  • Asset Freezes or Seizures – Preventing assets owned by a country or individuals from being sold or moved, e.g. Iran $100 billion frozen assets in foreign banks.

Types of sanctions.

Unlike the forms of sanctions there only two types of sanctions. The first type is “Unilateral” sanction, which means that a single country is enforcing the sanction, e.g. US unilateral sanction against Iran in regards to the famous hostage situation in 1997-1981 following the revolution. While a “Bilateral” sanction means that a group or block of countries is supporting the sanction, e.g. UN Sanction on Iran regarding its nuclear development program which banned the purchase of Iran oil in European market.

 Important dates in Iran Sanctions.

Iran Sanctions Lifetime

Important Dates in Iran History


Iran.Iran Sanctions

After years of sanctions and embargoes, P5+1 (Composed of the five permanent members of UN Security Council: U.S., China, Russia, France and the United Kingdom (P5) and Germany (+1) have finally come to an agreement with Iran that would allow monitoring of current Iran nuclear operations. The deal will require Iran to lower Uranium enrichment purity, decrease the number of active centrifuges cells nationwide to 6,000 instead of 19,000, and limit the uranium stockpiles it can keep, in exchange of lift of international sanctions that have hampered the Iranian economy for a number of years. The deal will also enforce Arak heavy-water facility downgrade in order to produce non-weapons grade plutonium and will require Fordow facility to be converted into a research center. The Iran nuclear program has been a very controversial point of contention between Iran and the rest of the world, but recent negotiations aim to end the conundrum.

Impact of sanction lift.

  • Impact on Oil Supply & Demand.
  • Impact on transportation.
  • Impact on equity & world trade.
  • Impact on Iranian Resources.

Oil Sector.

Perhaps the most significant impact will be felt by the Oil industry, if US Congress approves the deal, Iranian oil will be widely available for the first time in decades. When Iranian oil begins to flood the market, it will eventually influence the world oil supply and therefore oil prices. Noteworthy, it will take years to improve worn out Iranian drilling equipment’s to produce enough oil to make a noticeable impact. The world oil supply may increase if the pending Iranian nuclear program deal is approved, but Iran was accounted for only 4.1% of the world supply of oil in 2004, and when compared to Russia current production level at 11.70% and USA 13.67% Iran oil exports level is clearly not enough to significantly shift the world oil supply or alter its price, at least not for a few more years. Iran has been under trade sanctions for years, due to United Nations embargo on Iranian oil in 2005. In addition, other sanctions by USA and EU caused Iran oil production infrastructure to deteriorate and was not maintained for years due to limited funds and embargoes on required equipment’s.

Points to consider, a recent CNN poll discovered that majority of US citizens demanded that the congress refuse the Iran Nuclear deal. And on a related note, Israeli leader, Netanyahu, shares the same opinion based on Iran’s past history of nuclear bomb capability.

Current Iran oil production level is 3.35million barrels/month, equal to 3.54% of world supply, just enough to meet the country’s current demand, and even when combined with current Iran oil reserve, estimated at 25 million barrels of oil, it will not drive a great decrease in oil prices. Experts such as Richard Nephew, a former U.S. Department of State Official specializing in the sanctions regime, estimates that it will take around a year to add approximately 500,000 barrels to current production levels and will take decades to go back to same pre-sanctions levels. On the same note, Wood Mackenzie, an oil consultancy, expect an increase of 600,000 by the end of 2017. Despite the momentarily decrease of oil prices as a result of oil sanctions negotiations announcement, we now know that Iran is simply not capable to flood the market with oil. Bijan Namdar Zanganeh, Iran Petroleum Minister, stated that he’d like Iran to go back to same pre-sanctions levels when it was accounted for supplying over 40% of Europe imports. On the same note, he added that Iran is ready to boost oil production only a week after the sanction is lifted.

Equity & World Trade.

Banning Iranian banks from using the SWIFT global payment system crippled Iran economy that depends mostly on oil export income. Though sanctions against Iranian Oil prohibited its sales in European and American markets, Iran, however, was able to find buyers for its Oil, nevertheless was unable to access funds because these payments were frozen in offshore accounts, this move led to the pile up of approximately $100 billion in frozen assets. These embargoes and sanctions lasted for years, and piled up mounds of lost revenues and profits for businesses. According to history books, Germany and United States were Iran’s largest trading partners around 35years ago. However after the 1979 revolution, the tables were turned when United States, UN and EU imposed an embargo against Iran that changed the trading landscape.
Should Iran comply with P5+1 intensive nuclear inspections and restrictions deal, most of financial sanctions will be lifted and Iran will regain access to frozen assets, this will lead to increased streams of revenue and greater freedom in financial dealings, but that’s not all. After sanctions related to Iran’s nuclear program are lifted, a number of global industries should benefit from the opening up of the second largest market in the Middle East. Given that Iran is home to the fourth largest proven crude oil reserves and second largest natural gas reserves, lifted sanctions represent a huge opportunity for global energy companies such as Royal Dutch Shell (RDS.A) and Total SA (TOT) and should see increasing business opportunities. Although, US businesses and ordinary citizens will not greatly benefit by the lift and will remain unable to trade with Iran without specific authorization according to a statement by a senior Obama administration official, nevertheless, there are a few exceptions, and the major one will be civil aviation.

Unlike the oil industry, lifting Iran financial sanctions and re-allowing it to use Swift system is expected to impact imports and exports operations and in turn affect the economic ecosystem at every level.
Worth mentioning, Iran economy plunged into depression due to politics not economic failures, and should be able to re-establish its previous strong position once sanctions are lifted.


Transportation (Land & Air)

According to Iran’s transportation minister recent statement, the country will press to replace at least 400 commercial airplanes within the next few years once the EU sanction is lifted. And since civil aviation is on the US sanction exception list the American airplane manufacturer, Boeing Co. (BA), should see an increase in revenues to meet the new Iranian demands. Boeing will not be the only transportation company that will benefit from the lift, Peugeot, the French car manufacturer, along with Volkswagen should also witness an increase in demand and production as a result of new market demands. Peugeot ceased operations in Iran in 2012 but will return to serve Iran market when/if EU sanctions are lifted.

Iranian Resources.

If all conditions included in the Joint Comprehensive Plan of Action (JCPOA) are met the trade sanctions will be lifted, presenting a great opportunity to conduct new trade deals between the Iranian market embodied by its resources that were placed on house-arrest for decades, and the European and American consumer markets. According to experts and market researchers, Iran’s equity market managed to return an impressive compounded annual of 18% while isolated from the rest of the world by sanctions, clearly an indication of financial prospect prosperity especially after economic sanctions are lifted.



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Posted by on January 6, 2016 in Uncategorized


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The Suez Canal

The Suez Canal

Boosting world trade

Suez Canal and its effect on world trade

Figure 1.1

The unique geographical location of the Suez Canal makes it the most convenient route linking The East and The West when compared with the only available waterway alternative route of Cape of Good Hope. The Canal route effortlessly connects the Red Sea with the Mediterranean Sea reducing maritime travel distance by almost 50%, hence saving time, fuel consumption, and ship operating costs as shown in figure 1.1. It is also the first, and longest, man-made canal and is the most crucial water passage in the world according to The Maritime Executive and is accounted for approximately 7.5% of world trade transportation. The Suez Canal is a major element in world trade as it directly connects European markets to Asian production lines, and vice-versa, considering it is located at the center of global trade. The idea of linking the Red Sea with the Mediterranean Sea dates as far back as 1874 B.C during Senausert III, Pharaoh of Egypt, regime. But due to numerous complications the project was never finished.

Under the regime of Abdel Fattah El Sisi an additional canal channel, parallel to the original canal, was constructed and once opened it will almost double the numerical Read the rest of this entry »

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Posted by on August 4, 2015 in Uncategorized


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نحو مستقبل أفضل

Political Meeting

بعد فحص الحاله الأقتصاديه والسياسيه للبلاد أصدر مجلس الشعب والشورى عدة قرارات مساء أمس وذلك لحل مشاكل البلاد المختلفه وتوفير فرص عمل للشباب فى القطاع الحكومى والعام والخاص لتحسين أحوال البلاد والقضاء على البطاله. وتعد هذه القرارات بمثابة حجر أساس لتشييد مستقبل أفضل لمصر وكل المصريين طبقاً لخطه مستمده من الحياه المصريه

القرار الأول: إنشاء هيئه فرعيه تابعه لوزارة النقل والمرور وتكون مسئوليتها اخلاء الشوارع من الباعه الجائلين واخلاء الأرصفه من اى شىء لا ينتمى الى ممتلكات الدوله متضمناً كراسى المقاهى والكافيهات والفتارين التى تعوق من حركة المواطنين والسيارات

قانون 1 تابع لقرار 1: السلع الاستهلاكيه المتحرز عليها نتيجة مخالفة هذا القرار تباع بمزاد علنى وغير قابله للارتجاع تحت اى ظرف. ثانياَ: وسائل التسويق متضمناً الدراجات البخاريه, الحيوانات الجاره, والفتارين تصبح ممتلكات الدوله وتخضع لحكم هذه الهيئه المختصه

القرار الثانى: انشاء هيئه مختصه خاضعه لهيئة النقل العام وتكون مسئوليتها الأساسيه ترتيب مسارات المايكروباصات وأماكن انتظارها حيث تلزم بمواعيد عمل محدده ومسار محدد غير قابلين للتغيير بدون موافقة الهيئه المختصه. ومن يخالف هذا القانون يكون تحت المسئوليه القانونيه

القرار الثالث: انشاء هيئه اجتماعيه فرعيه تابعه لوزارة الصحه لدراسة الحاله الاجتماعيه والاقتصاديه لاعضاء المجتمع الغير منتجين والمتسولين. وبالتعاون مع وزارة التعليم العالى تقوم بطرح عدة نماذج لمناهج تأهيليه غرضها تدريب وتأهيل الفرد للالتحاق بمكان عمل يتناسب مع مؤهلاته البدنيه والفكريه, ولا تتجاوز هذه المناهج خمس اعوام وتكون مدعمه تدعيم كامل من وزارة التربيه والتعليم

القرار الرابع: منع القنوات الفضائيه والأرضيه من بث أى اعلان عن اى سلعه مجهولة المصدر أو معلومه بدون تصاريح من الهيئات المعنيه. وتتولى الهيئه الرقابيه على الاعمال الفنيه مسئولية تقييم الاعلان ككل من الناحيه الفنيه والثقافيه ومطابقة المواصفات المذكوره فى الاعلان بمواصفات السلعه

القرار الخامس: تتولى جمعية حماية المستهلك مسئولية تحديد الحد الأدنى والأقصى لجميع السلع الاستهلاكيه والمعمره والانتاجيه, المحلى منها والمستورد. واصدار قائمة اسعار على موقعها الالكترونى وتحديثها يومياً

القرار السادس: منع استيراد اى سلعه ,اياً كان طرق استخدامها او فوائدها, التى يمكن صنعها محلياً, وتدعيم المصانع وتيسير الاوراق والموارد اللازمه للارتقاء بالصناعه المحليه

هذا وقد جاءت هذه القرارات العده فى ظل تحسين المناخ الأقتصادى وملائمة مستلزمات القرن الحالى, مما سيسفر عن خلق عدة فرص عمل جديده بالاضافه الى التحول المناسب التدريجى نحو مستقبل افضل

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Posted by on March 7, 2014 in Uncategorized


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Perfect World

Perfect WorldIn a perfect world there are no laws, no limits to what you could do in your own little 1 square Km world, so where did we go wrong and did we really drift this far from the perfection that we were created to reflect? And what they didn’t tell you is that you’d have to share this km with about 60 others. “Every man did what was right in his own eyes” but weren’t we all related before it all began!!!

There is a thin line between right and wrong, I just never thought it’d be this thin

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Posted by on January 9, 2014 in Uncategorized


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Blind Fools

Following the recent events that have led to the imprisonpolitics_democrats_shadow_government_poster-re7c009a29a604a79aef3c7f5f1f39083_2jt4m_8byvr_324ment of the allegedly democratically elected Egyptian president Mohamed Morsi, and scoring a home run by tossing the president back to the same prison he’s escaped from on January 30th 2011, the new transitional Egyptian government has decided to follow in the footsteps of Morsi’s clique by enforcing one of the main reasons that have led to its exile from the office. Starting from March 2014 every gas tank will be replenished according to a new credit card system, where every car owner will be issued a fuel card that can be used to buy gas. An inevitable move to solve fuel problems as it is one of the major issues facing many countries today, but Egypt does not belong on this list.

The new card based fuel tank does not serve any purpose, but is a mere proof that Morsi’s government, though as corrupt and money/power driven, was on the right path for initially proposing such a solution to a problem that simply does not exist. Furthermore, the move in its totality serves as an indication that the new government is not focused on solving already existing problems but is materializing a myth to send the public on yet another wild goose chase. Hence, creating even more problems as they’re trying to dictate consumer consumption.

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Posted by on January 4, 2014 in Uncategorized


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