Just My Rant

If I see one more idiot reporter on TV saying OPEC needs to pump more oil to bring the prices down I think I am going to smash the TV! These so-called financial reporters haven’t clue one what is driving the price of gas but it’s about damn time they learned! The one and ONLY reason oil is skyrocketing is the dollar dropping like a lead weight from 30,000 feet! You don’t hear anything about prices for gas skyrocketing in Europe do you? Nope and the reason is THEIR government isn’t trashing their currency.

So you can stop bitching about OPEC and the oil companies because THEY have no control over it (well the oil companies have some control). The fault lies squarely at the feet of the US government and the FED. If they hadn’t had their heads up their asses for all these years, ignoring the writing on the wall that the US economy was about to fall off a cliff, we might not be here right now! But handling this problem falls into a long line of ineptitude shown by this administration. So why they ‘whistled’ the fires began in the economy. Hell even when the first major problems showed up last fall they still claimed “the economy is strong” … all the while knowing damn well things were getting ugly (and I can’t believe for one second they didn’t have a clue).

Because they ignored the whole economic mess for so long the FED has now had to assault the US Dollar by drastic cuts in the lending rates. Do some research and find out how far the dollar has dropped over the last 6 months, then compare that to the amount oil has gone up! Once you are done figuring it out you will soon know exactly whom to blame and how to fix the mess. But the economy is “weak” and needs stimulus right? Bullshit! The only thing “weak” in the economy is the amount of bull found on financial organizations ledgers. The FED is trying to bail out their billion dollar buddies on Wall street, all at the expense of YOUR purchasing power. Every time you see a news report about the FED rate dropping just remember YOU are paying for it every day when items become more expensive to buy!

So the next time someone tells you they need to pump more oil explain the facts to them!

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