by pete.wilson » Sun May 18, 2008 11:09 am
Hey
Realisticly speaking this over-inflation really only started about 2 years ago which is about the time the housing market was just starting to get slow and in some places like Detroit, was a real problems but Gas was still $2 a Gallon ( manageable). How do we know that bankers, financier's, people who control which money-market stocks get bought and sold (speculators) have dumped their money into the futures market for oil and it's by-products. This is exactly what we have seen, nothing to do with who is in the white house (saw an interesting comment by Bush yeasterday blasting Democrats who want Opec to produce 1 million more barrels of oil a day or they won't allow for a military sale of some equipment to Saudi Arabia; but yet these same deocrats are the ones who have been hindering building oil rigs in Alaska and elswhere or the building of new refineries here in the US. But they complain about the price of oil and fail the realize there is plenty of oil on the world market right now for everyone, supply and demand is not the issue). We are being hurt by investors who want to make a quick buck at the expense of average and lower class of americans. Makes no difference which party you like. My wife and I are loosing about $5 an hour combined income loss directly due to gas prices now versus $2 and hour (I'm not counting groceries increases either, or utility increases). I can't sell my house because of the housing market, and if I lost my job or even hers, it would probably be bankruptsy for us. And then to consider what decision I make in who I elect and how my kids futures are going to be, I have lived my life, now I'm thinking about them. Will they have anything close to what I have...doubtful.
Pete Wilson
Why hasn't anyone found a dead bigfoot? When was the last time you found a dead deer, bear, coyote, fox, squirrel, etc. that died in the woods.........Hmmm.