Inflation out of control

Quote from detective:

Looking at the commodity markets every day, am I the only one who thinks inflation is about to get totally out of control in the not too distant future? The Fed has always been behind the curve, especially when it comes to inflation throughout history. With the coming surge in inflation, I don't see how the masses won't revolt unless they get their food stamps and I'm sure the government will find a way to make gas stamps and all kinds of other socialistic ways to placate the poor.

The Fed has just pumped out too many dollars and it is coming home to roost when people realize that oil/gold/platinum are the only real stores of value. With extreme negative real interest rates, people are idiots for buying bonds or holding cash.
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perhaps nothing is more STUPID than the ethanol craze, and i say this as someone who has had a windfall on farmland because of it

the marginal increase in motor fuel is very small once you subtract tractor deisel fuel to plant the corn, and all the fuel in transportation

and the fuel savings are GONE on a weekend shopping trip, because whater tiny savings you got at the pump are blown away at the grocery store, since you turned the grain into fuel (instead of animal feed) to drive the bloated SUV the soccor mom bitch 'just gotta have'

it just doesnt get any dumber

i remember in horror 10 years ago, looking at the 2 chevy suburbans in every driveway in the area i was working in, the only vehicle basically unchanged from 1973, and the biggest gas guzzler of that time thinking 'here we go again'

and here we are

welcome back to the 1970s, stupid f-cks of America
 
Quote from LT701:

perhaps nothing is more STUPID than the ethanol craze, and i say this as someone who has had a windfall on farmland because of it

the marginal increase in motor fuel is very small once you subtract tractor deisel fuel to plant the corn, and all the fuel in transportation

and the fuel savings are GONE on a weekend shopping trip, because whater tiny savings you got at the pump are blown away at the grocery store, since you turned the grain into fuel (instead of animal feed) to drive the bloated SUV the soccor mom bitch 'just gotta have'

it just doesnt get any dumber

i remember in horror 10 years ago, looking at the 2 chevy suburbans in every driveway in the area i was working in, the only vehicle basically unchanged from 1973, and the biggest gas guzzler of that time thinking 'here we go again'

and here we are

welcome back to the 1970s, stupid f-cks of America
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I read an article in "FP" (Foreign Policy) that stated one of the best things the next President could do would be to implement a $2 tax on gasoline. Instantly knock gas from $3 to $5 a gallon, right off the bat. It would be political suicide, of course, but it would instantly force consumption changes and push the nation down a much needed but painful path of preservation of ecology and at the same time provide a balancing act towards the blatant American spending.
 
i dont favor draconian conservation, but i think having none at all is insane

for those that consider conservation 'socialistic', total lack of is even more so

in the late 1980s, Reagan asked Navy secretary (now senator) Jim Webb to do a study on what the military liability cost was per barrel of oil

when Webb presented the results, Reagan told him to bury it

what does that tell you?
 
Quote from LT701:

"... it just doesnt get any dumber

i remember in horror 10 years ago, looking at the 2 chevy suburbans in every driveway in the area i was working in, the only vehicle basically unchanged from 1973, and the biggest gas guzzler of that time thinking 'here we go again'

and here we are

welcome back to the 1970s, stupid f-cks of America
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Do you think Congress' categorizing SUVs as "trucks" so they didn't have to conform the the MPG standards of "cars" have anything to do with it?

Our consumption of and dependence upon foreign oil has never been greater. And we STILL have no energy policy in the US.

How did THAT happen, and who benefited?

Same old, same old. :mad:
 
Quote from Ivanovich:

I read an article in "FP" (Foreign Policy) that stated one of the best things the next President could do would be to implement a $2 tax on gasoline. Instantly knock gas from $3 to $5 a gallon, right off the bat. It would be political suicide, of course, but it would instantly force consumption changes and push the nation down a much needed but painful path of preservation of ecology and at the same time provide a balancing act towards the blatant American spending.
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one of the best things to do, would be to immediatly resume the milage requirements for *ALL* vehicles, that are not strictly used for necessary commercial purposes

here's a simple concept - you dont need a f-cking hummer

and we dont need 'super advancements' either, although we should move toward them in the future. what we need, is for people to buy vehicles with reasonable milage with existing technology

i remember in the mid 1980s, buick centurys got about 30mpg, and they were very nice cars. a little underpowered, but so what?
 
Quote from gnome:

Do you think Congress' categorizing SUVs as "trucks" so they didn't have to conform the the MPG standards of "cars" have anything to do with it?

Our consumption of and dependence upon foreign oil has never been greater. And we STILL have no energy policy in the US.

How did THAT happen, and who benefited?

Same old, same old. :mad:
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anything?

more like 'everything'

and funny, i dont remember al gore doing anything about it

wonder if he ever thinks about that, as he looks out the window of his private jet?
 
Anyone remember how we used to have "import tariffs" to "protect labor in the US from low-priced goods made overseas... and they were low-priced primarily because of low labor costs"... the practice was called "dumping".

Now not only is dumping encouraged, it's a primary business model and policy.

How did THAT happen, who benefited, and who gets screwed?

What DOES Congress do all day except live large on the public purse and line their own pockets? :mad:
 
Nice thoughts LT but let me add this about SUV's. For every wanna be bling master driving a Hummer there's 10 moms carting around family and other kids in "trucks." Some of the disdain about SUV's from the Left is a bit anti-family.
 
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