Here’s a little common-sense prediction: It currently looks like the U.S. taxpayer (against my better advice) will bail out the U.S. financial sector (i.e., all those non-productive capitalist parasites at Wall Street) at the official tune of $700 billion. We all know that this figure is just an estimate and that the true cost of this historic fascist-government rescue effort can easily reach $ 1.5 trillion. Now, with that much more debt to carry, the U.S. dollar will devalue accordingly. BUT the price of Oil is currently stated in U.S dollars. Since Oil has the same value as yesterday but the U.S dollar does not, Oil will go UP drastically in price. Watch it tomorrow, or the next day. Have fun watching basic economic principles at work. Something our President Bush and his handlers apparently are unable to grasp.
So for you, dear consumer, it will be higher prices at the gas pump due to your government’s complete incompetence. Have fun with that! And don’t suffer from the usual amnesia at the next election cycle! Try to think first, then vote, for a change.








Will responded on 04 Oct 2008 at 11:18 pm #
As will the value of the money we have saved. Our government just robbed us. No wonder most don’t bother saving any more.
Very good article.