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POPS$4 per Gallon Gas Pinching Low Income Families Worst This is forcing major shifts in spending and life changes as the cost of everything goes up respective to fuel costs, not just at the pump. This is pinching Americans, especially at lower income levels, while the well off remain careless and distracted. In turn this will increase government welfare spending, and force some out of their cars completely. All this to due dollar devaluation, due to heavy debt spending by government, printing money, to finance unjust and needless war-mongering abroad against countries that pose no threat to the U.S.. The poor suffer the most, as usual, who have the least to do with war policy, merely attempting to survive.
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POPSWeak Dollar and Traders Behind Gas Prices, Not Supply and Demand This refutes a lot of talk about OPEC and such causing high oil and gas prices. It also explains higher prices on consumer goods, not just driven by fuel prices alone. The dollar is becoming as valued as the paper its printed on, which (this articles does not go into) is because of national indebtedness for heavy war spending, as Ron Paul pointed out during his campaigning. Traders and speculators in the investment community are increasingly buying oil futures for their portfolios and war fears (i.e. war on terrorism, middle east war-mongering) increase price on the trade floor, period.
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POPSSilver Coins Highly Valued as Dollar Declines from former Treasury Sec'y Paul Craig Roberts, who should know. Look at the value of silver coins--if you have or find any horde them! A silver quarter is worth $3.55! The article is worth reading, takes you from dollar decline to coming war with Iran, which he says will be the last financial straw.
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POPS$4 per Gallon Gas Coming by Spring Oil prices have quadrupled in 6 years it states, that is since the "war on terrorism" started with the Bush regime. The comparison is made to the last middle east conflict in 1980. Do Americans really want to pay this price, for arbitrary and unjust wars?
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POPSBlack Monday: London and World Markets Drop London and world reacts to Bush economic stimulus plan--i.e. get ready for U.S. recession, sell! Actually it was the Fed Reserve that approved, pushed Bush's announcement last Friday. Watch how the U.S. stock markets do Tuesday after today's day off. This is also the price of war (oil prices are beating up consumers, including all consumer goods transportation costs) and huge government debt. Note the UK here says their gov't might have to raise taxes...which will kill everything worse!
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POPSBanks Seeing Red, Comparing to 1929 "Happy New Year?" Doubt per what bankers are saying. This is a major crisis that they cannot prevent, and the international banksters are the ones who caused the trouble!
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POPSGOP Candidates Awake to Economic Crisis--Sort of Note Fred Thompson's quote. Almost sounds like Ron Paul, doesn't he? But they offer no concrete proposals as does Ron Paul, and their cheer leading for "optimism" (blue-blood Romney) is a denial of the severity of the problem that Americans already realize. Ron Paul offers the real solution to eliminate the Income Tax, cut the Federal government back to Constitutional limits, and stop excessive spending, particularly on a trillion dollar war policy.
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POPSImpending Destruction of US Economy Economist and former assistant treasury secretary in the Reagan administration does not mince words. Recall that some Wall Street firms this week finally issued a warning of coming recession. Roberts points out just who Washington and the Fed will support--and it will not be you, the American citizen or taxpayer.
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POPSMerry Christmas: Recession Coming to Town The cost of war-mongering, including oil prices and national debt, will finally come home to roost and Americans will no longer be able to play while causing chaos in the world without feeling a pinch themselves. "Whatever a man (or nation) sows, that will he also reap". The housing sub-prime loan debacle will cause Humpty to fall off the wall, and you know the rest of the story. The Banksters are behind the wars (hint: changing theocratic countries opens new financial and merchandising markets), the same who made money on luring people into foolish loans. They are also the ones who bring you "Christmas" (a festival of spending) every year, the real Scrooges who profit from the so-called "holy-day".
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POPSGas Prices: Funny, Not So Funny Amazing how everyone has already forgotten the sticker shock when it surpassed $2 per gallon. In January 2006 we had prices almost that low, about $2.19 per gallon. Now we are paying almost one dollar more at 3.09. The crude price rose due to war fears about Iran as well as a devalued dollar. Americans are paying a War Tax at the pumps , in addition to Fed and State tax of about 45 cents/gallon (the gov't makes more than oil companies on this high tax). These prices make even Jimmy Carter look good. The transportation costs of consumer goods has gone up (e.g. eggs $2). This is pinching Americans discretionary income, which will slow the economy, and debts are high, loans going bad in housing.
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POPSEconomic Crisis Looming: Bank woes, Stocks Drop, Consumers Pinched as Prices Up
Yet only one presidential candidate has been predicting this, and has criticized the Fed (and Congress for not managing the Fed) for printing more money, devaluing the dollar, which leads to price inflation, increased retail fuel prices, and the war-mongering against Iran increases crude oil prices to record highs. Consumers with higher oil and grocery prices (due to fuel and shipping costs) are left with less discretionary income, which WILL effect retails sales. These articles reflect that and report consumer confidence is down. Technically, by the numbers, there is no recession (2 qtrs of negative growth) but the military-industrial complex is keeping growth alive. Hint: This could be a sign of war with Iran...war (government spending in the defense contractors) drives economic growth (e.g. 1940s). (Then the FBI issues a statement and ABC says terrorists threaten to hurt economy, attack malls. Will that be the excuse for a drop in retail sales this winter?)
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