Question: How often do you think about that glass of cool water you guzzle down when you’re real thirsty? By that, I mean, other than quenching your thirst, do you actually ever give it a second thought? Probably not – and why should you? It’s water, it’s yours, it’s coming right out of the water tap and you take it for granted that it will always be there when you need it. You probably never think about the fact that it’s an absolute necessity for life without which you would die within 7 days. Well, if this describes you, you should start taking notice.
To understand the importance of available water and its impact on the human race, think about this: Less than 1% of the world’s fresh water is accessible for direct human use. Water.org says one billion people on earth are affected by a water shortage. That’s one-sixth of the world population. But those of us who live in developed countries like the US don’t often worry about not having plenty of water. But that’s about to change if the greedy bastards on Wall Street get their way.
“Mammoth companies are trying to collect water that all life needs and charge for it as they would for other natural resources.”
Yeah, you read that right. The same people whose greed brought us the great recession of 2008 and responsible for as much as 60% of the price of gasoline – another natural resource – now want to control all the available water and sell it to you at any price they deem necessary in order to become more ultra-wealthier than they already are.
Can’t, or won’t, happen, you say? Then don’t ask Peter Brabeck, chairman and former CEO of Nestle. He views citizens as not having the right to have more than the minimum amount of water in order to survive unless you’re able to pay for it. “Survive”, mind you — not want or need.
So what’s the future if Wall Street gets their way on water? A good analogy can be taken from another natural resource — the worlds’ oil supply.
Although not as critical to literally staying alive as water is, those same people who now want to control whether you live or die based on your ability to pay control most of the price of oil. So let’s see how that’s worked out for us.
The first thing you should strip from your mind is that oil prices are controlled by supply & demand. That simple is not the case anymore. Wall Street speculators drive the price. They would deny that, but experts tell us that they are. Even the CEO of the biggest oil company in the world says so, as well as the Saudis’. They buy up as much as 64 percent of oil contracts in order to manipulate the price, causing you to pay as much as $14 more for every tank of gas you buy.
You may recall that a record high for oil was set in the summer of 2008, shortly before the crash of Wall Street banks. West Texas Intermediate (WTI) oil had surpassed $147 per barrel, a drastic rise from $60 just a year earlier. By the end of 2008, oil had dropped to less than $33 per barrel. Common sense tells anyone with a brain that in spite of the recession a 78% drop in just 5 months was not a result of supply & demand. During this time “financial firms speculating … held 81% of oil contracts”. But that didn’t matter to Wall Street.
Over the following year Wall Street and their PR media were defending the speculators saying they had no hand in driving up oil prices. But 2 years later, leaked documents exposed them as liars. However, the great recession and taxpayer bailout didn’t slow them down for long. During the year of their ‘defense campaign’, they were back at it again: “Many regulators, oil analysts and oil executives say that the lurches in price this year  must be attributable primarily to one factor: Speculators”. This in spite of the fact that supply was at a 10-year high and demand at a 10-year low.
So this brings us back to the most basic of life’s natural resource: WATER. Do you want the same people who control our oil prices buying up the rights to the majority of water supplies then controlling whether or not you have enough — or any water at all?