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by jpbikerfreak from Overland Park, KS

Last Post 1 day, 8 hours Ago


The real cause of gas price increases
Jun 26, 2008 | 8:18 AM
Category: News
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This article puts most of the blame for gas price increases the same place I assign the majority of the blame - the devaluation of the dollar.

As I've said many times, you got your stimulus package, the fed bailed out an investment company by inflating the money supply for the first time in history, the federal government continues to borrow, borrow, and borrow, and it's tantamount to theft.

Government sponsored inflation is stealing from you, but you don't see it. It's all a mind game with funny money, and not 1 person in 100 understands it.

Stop blaming the oil barrons, the bush administration, the saudis (we actually get most of our oil from Canada, but it's easier to blame brown people who dress funny and aren't christian), and everyone else.

It's not the economy, stupid. It's the fed, stupid.

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Member Comments Total Comments: 12
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jstol3 read my blog
Jun 26, 2008 | 10:39 AM

People in other parts of the world have recently rioted due to the high cost of fuel. Their economies are not based on our dollar. What is making the cost of their fuel go up?

I can't and won't dispute with you that our spending spree, the stimulus checks, the investment firm buyout and the looming foreclosure bailout are having an effect but I also believe there are other factors as well such as greed from the wellhead to my gas tank. That includes the pumpers, refiners, speculators, everyone right down the line. The government is also to blame because it has not developed a comprehensive energy policy.
JewwellsP read my blog view my photos
Jun 26, 2008 | 11:57 AM

Cost has risen in other countries too, not nearly to the extent of America.
Don't even bother with the europe crap.
Their fuel is more expensive for 1 reason. TAX.
70% on average in Europe, 11% in the USA.
jdembski read my blog view my photos
Jun 26, 2008 | 12:59 PM

jp-you can blame the Bush administration because they are the ones that put us in Iraq which is costing billions to finance and we are borrwoing from china to fund it. This does devalue the dollar which in turn causes the rise. So yes Dubyah is right in the middle of why oil is up.
jpbikerfreak read my blog view my photos
Jun 26, 2008 | 2:35 PM

Jstol - the price of oil in dollars has risen much faster than it has in euros. As I said, I put MOST of the blame on the devaulation of the dollar, not all.

The rest of the blame goes to supply and demand, and possibly speculation.

jedm- I'm certainly no bush fan. But also keep in mind CONGRESS voted in favor of the Iraq war also - including many democrats. And since they took over, we have gotten no closer to ending the war then we were before.

To me, when it comes to politics, it's not the left v. the right, it's the state v. you.

I put the blame on government manipulation of th economy and meddling in the affairs of other countries, not the left or the right.
mabell read my blog
Jun 26, 2008 | 5:25 PM

jpbikerfreak, I couldn't agree with you more. It's almost as though the government has declared war on the taxpayers. BTW, a war "WE" can't win.
liha600 read my blog view my photos
Jun 26, 2008 | 9:37 PM

It comes down to the bottom line. There is no one place to lay blame. There are so many to blame its hard to remember where to start. Everyone has their hand in the barrel so to speak. I can remember our economy was doing quite well until 9/11. But thats another story of what is so wrong with this world.
Hate begets hate, greed begets greed, war begets war.
gimini210 read my blog view my photos
Jun 27, 2008 | 5:53 AM

The war may play a very small part but the inflation of the dollar and the very fact that the government just keeps wasting more and more money and the industry itself is out for more money and let us not forget we buy ours from other countries because we stopped drilling our own. This drill on the acres you have sounds good but like the geologiest said if there isn't any oil there why would you drill?
MamaMia read my blog view my photos
Jun 27, 2008 | 7:03 AM

I got this in my email. I hope some of you who are smarter than me will watch it and tell me what you think. I does take some time but WOW! It really makes you think.

I watched the first and then all 8. I kept thinking he wants to sell his books, but then maybe not.


This is pretty long but very very interesting and everyone in America should listen to all eight parts. Once you listen to part one you will want to listen to the whole thing
These 8 videos will blow your mind. If you don't want to view the next seven after the first, I'll be amazed. Let me know what you think
http://www.youtube.com/watch?v=NbakN7SLdbk
http://www.youtube.com/watch?v=UGGjbDjnNzw
http://www.youtube.com/watch?v=q39ic04vhNo
http://www.youtube.com/watch?v=ZKCyCYz_aHY
http://www.youtube.com/watch?v=7TYmSGwAumk
http://www.youtube.com/watch?v=fbwMOvV6ctg
http://www.youtube.com/watch?v=L5HGHsy3H_0
http://www.youtube.com/watch?v=CC61X78-OI0
jdembski read my blog view my photos
Jun 27, 2008 | 7:42 AM

jp- The Republicans had control of Congress for 6 years of the Bush administration and chose to not to pass legislation to drill for oil. Now that they are about to get their rears handed to them in November and the economy is in the tank and people are ticked, they say let's pass legislation. Typical political ploy. Let's blame the other guy when they had plenty of opportunity to do it themselves. So sick of screwed up and corrupt political system.

I am not letting the Dems off the hook either because this country does need to drill until a different fuel source is developed.
jpbikerfreak read my blog view my photos
Jun 27, 2008 | 1:41 PM

Again, jdem, I don't like either half of the one major political party. Blame both halves.

More evidence of what I've been saying all along here:

Fed has less than zero credibility
jona2umr read my blog view my photos
Jun 28, 2008 | 7:24 PM

Wow...That certainly explains alot. Thanks for posting that for us all.
linecrosser read my blog
Jul 8, 2008 | 3:21 AM

It seems to fit the my opinion of the Fed. they will cause inflation and then raise rates to prevent a wage spike. All we need to do is go bankrupt on the Fed. and have the treasury dept. take control of minting money, the way the constitution said it should be. Screw the Fed. twelve regional private banks that are accountable to no one. What are they going to do, it's not like they have a military or anything. We only fear them because of the power we gave them. We take the power away from them and there is no fear. We start over with the roles reversed the way they should be. The government controls the banks, not the banks controlling the government. The fractional reserve system, where money is created out of nothing and comes with, interest debt, on it can only fail. It is a mathematical certainty. The sooner we force the system into failure, the less painful it will be.
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jpbikerfreak

Biker, Libertarian, Hunter, Free Thinker and Philosopher.

Member Since: 2/20/2008


 

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