I think it has a great deal to do with the fact that the top two jobs in the country are held be oil men. They must be dancing in the Lincoln bedroom.
The other factor behind the recent run up is the access to the Fed to Investment banks. They have borrowed heavily from the Fed and it’s surely not being lent out to the consumers so it must be going somewhere. With the knowledge that the fed will bail them out if they bet wrong, the banks have a free hand in dumping money into commodities. If they are right they win, if they are right, we lose. GEt ready for $5 and maybe even $6 oil in the next year.
WE are to blame. We keep sending back to Washington the same idiots, the same checkers players, instead of chess players, the same idiots that are comsume by Power, Greed, Secrecy, Fleecing of the tax payers. The same idiots that instead of putting the country first, put their personal checking accounts first. The same idiots that have aided and abetted the White House with their ability to play checkers instead of chess on foreign, energy, domestic, trade, and economic policies. The same idiots that have let the Private Bankers called the Federal Reserve fleece the tax payers with their policies. The same idiots that take in 2 trillion dollars and spend 5 trillion, borrowing the money from China and the Arab oil exporting countries, that are the double dealing bastards that fund the terrorists. The same idiots that didn’t put legislation in place to force the airline industry to have the proper doors on airplanes, so that passengers could not have easy access to cockpits. Didn’t Israel have the model to how to prevent hijackings? The same idiots that want to invent the wheel on ethanol production, when Brazil has a sucessful working model. By now, I hope you get my point. Who is to blame, we are to blame. What is the fix , Vote Every Incumbent out!! Republican or Democrat, out, these Yahoos didn’t have the skill set to provide the leadership to prevent this mess, get rid of the cancer, get new blood in there. The same idiots that either tell you the boogey man is coming, or that let minority within a minority, prevent the increase of domestic energy production to increase supplies and competion in the market place. Your going to let the country go bankrupt because you can’t find the solutions to the Energy demand. Short term solutions, that take us to long term solutions. It’s our government, our tax dollars. Get involved, knowing more about American idol, then how your Senator and Congressman has voted, got us here. We are to blame!!!
We are facing a problem that we as a country have ignored for the last 30 years. Neither
party has addressed the real
energy needs of this country.
The people in Congress that complain the most have voted against any more drilling for
Oil in this Country. Animals are more important than the security of this country. Also
ethanol is not the answer to
solving our energy problems.
All it has done is drive up
prices of food around the world by using corn to produce
a fuel that is not efficent.
These “race-for-the-bottom” retailers are in a large part the very companies to blame for the economic problems that we face today.
Shopping at the likes of Walmart only makes the US economic problem worse. So my short, long and only answer is an emphatic “NO” I will never shop at these stores.
Well, I don’t shop at Walmart for many reasons but I will buy some staples at Target (milk, eggs) b/c they are far less expensive than the grocery store. I am much more aware of what I’m purchasing these days and reevaluate wheter it is a necessity before putting down my money. And to the jerk complaining about not drilling in the US (ALASKA????) You are correct, WE are doing it ourselves. Instead of complaining, why don’t you get your lazy rear off the couch and walk or ride your bike to work, take mass transit, vanpool or carpool a minimum ONCE a week…petition your company to offer a compressed work week or telecommuting options? You will definitely consume less gas and reduce our country’s dependence on oil and it will do wonders for your pocketbook.
better believe it…Aldi’s, Walmart, Kroger Brand, Giant Eagle Brand. If we can save $.30-$.50 per item..then do’it.
It’s very simple, when Dick Cheney sat behind closed doors to have a meeting with all the major oil producers. I’m sure they conspired to keep supplies low so that their profits would sky rocket. So blame….Bush, Cheney, all the major oil companies, and plain old fashioned GREED.
You betcha, even though technically I earn a better-than-average salary. We are trying to contribute more to savings to increase our safety buffer and to have a car downpayment saved up. But we’ve had to cut back on groceries, already-minimal clothing purchases, and trips to visit family. The family part is hard- and depressing.
Most definitely. Walmart’s pricing on staple grocery items is consistently lower than the local grocery stores in my area. I have also given up my “clothes horse” ways and am wearing last season’s items with just a few newly purchased accessories. In the past, I would have never shopped for jewelry or even necessities such as underwear or socks, at Walmart. I have changed my tune and am doing just that! I have also purchased clothing for my youngest son there (my oldest refuses to give up his Abercrombie habit…but I am finding bargains for him on Ebay). We are a typical middle-class family with both parents working, but finding our paychecks stretched thinner and thinner each month.
Well if you don’t allow us to explore, drill and refine oil and you buy it from known enemies, what can one expect? China, Mexico and Somalia are already drilling in the Gulf of Mexico but we aren’t because we are saving the planet. Are all of our politicians completely brain damaged? Will any media outlet ever lay the blame where it belongs? We are doing it to ourselves. Thanks for dancing around the very periphery of the argument though.
A lot of focus in these comments blaming here there and where ever for oil prices. If all else fails, you can all ways get the entire room to agree if you bash Bush. (I hate him too) As if that were the sole cause of our current problems.
Business totally focused on maximizing short term profits, consumers overly focused on acquiring more stuff at the cheapest price, politicos consumed with giving voters gifts, banks pushing people to borrow money they are too eager to borrow, and a general attitude of consumption, greed and laziness – have conspired against us.
I wont shop at WalMart. I am not going to keep digging us all into a deeper and deeper hole by continuing to reward retailers/businesses who keep selling the cheapest stuff – no matter what it costs us in jobs, morals, ethics, energy, or our future.
I say, try this: Consume less. Reward business who hire US labor, who service their product, who support their community, who care about the quality of what they sell/build. Accept the real cost of product that will pay the wage you, (yes, you) expect to earn. Start cooking your own meals (not prepackaged), cleaning your own homes, tending your own garden and raising your own kids.
Has the typical American lifestyle become too expensive?
Consume less.
Simple