Monday, January 31, 2011

Will someone please put a stop to the oil bulls once and for all. The data they used to push the price up in December is all coming apart. I still read articles saying that gas is going to $4 dollars a gallon by spring. They are trying to plant that idea in your head. When the media says it forces work to make it a reality. They used supplies going down in December as an excuse while it is common for inventories in all businesses to go down in December for tax purposes. They used positive economic indicators while the housing market is tanking and they use increasing Asian demand while China took steps to slow demand down. They use the devaluing of the dollar while currency traders say the dollar should go up against the euro this year. They say the supply is low while OPEC says the supply is plentiful and they can expand more if need be. Stockpiles have increased this week but they still want to put that propaganda out that it will be $120 a barrel by spring. They try to justify it by saying that $100 a barrel will not hurt the economy of an industrialized nation because we only spend 17% of our income on gas. Well to me 17% is a lot but let us add the fact that when gas is high that food is going to be high and any product that contains oil will also increase. The speculators will just not give up on this. I would rather you just tell me that you are going to screw me out right than insult me with your justifications. Listen people contact your representatives daily they are already being wined and dined by Wall Street and the big banks every day the only chance we have is a vocal and educated public. If you lie still and take this then they will give it to you. They are already proceeding with their plan to infuse more money into the economy with bond buyback. Any idiot knows that that will increase inflation and decrease you buying power. Hey but it is great for Wall Street and the big banks nobody else matters in this country. Our country has business, economic, and political leaders that believe in one world government and not a sovereign United States. In a one world government our standard of living has to come down in order for emerging nations to increase their standard of living but the puppet masters make no sacrifice at all. Quit being simple minded fight.

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