•I thought Bush’s stimulus rebate checks, deficits & Wall Street bailouts were going to bankrupt our country; depreciate the dollar; and cause the stock market to tank. It never happened. Now Barack Hussein Obama is doing everything Bush did by a factor of 10. I mean, $billions for the car companies; billions for people to buy cars; stimulus spending; trill annual deficit; it’s unreal. Yet the 10-year T-bill is under 4% and the US dollar is holding up. Even unemployment, which is approaching 10%, isn’t as bad as it may seem with unemployment benefits lasting 79 weeks; and tremendous growth in fed’l gov’t hiring.

• In summary, can someone tell me how if the U.S. Gov’t can run up such deficits perpetually? Or are we in the middle of another huge bubble; this one centered around gov’t debt?
Why would anything bad happen when the Chinese stop buying our T-bills? Maybe they’ll buy shares of Exxon & Walmart instead? So what? Why can’t the Fed Resv Bank just keep buying billion of $$’s of bonds & Treasuries? In this manner, interest rates stay very low. And paying interest to the Federal Reserve Bank is like paying ourselves the money. Seriously, as long as the Federal Reserve Bank can own trillions of $$’s of debt, which they can do; then I don’t necessarily see high inflation or massive unemployment.

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. surrounded by oiled vegetation,saturated sand covered with dead fish and other marine life. Its been 20 years since Exxon Valdez and the mess is still not cleaned up, How long before BP goes bankrupt and walks away….. the leak will not even be slowed for another 6 weeks, by then the Oil will catch the gulf stream and move up the East Coast..right up to the Carolina’s, and then cross the Atlantic . Is this scenario being unrealistic ?

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Even OPEC oil cartels are questioning why prices spiked, and I quote:

"the cartel has argued that record rallies earlier this year were driven more by speculation than supply and demand."
http://news.yahoo.com/s/ap/20081019/ap_on_bi_ge/mideast_opec_s_next_step

Why do all these speculators have so much influence in driving up the price of crude oil? Can’t they be held accountable?

Also, have you noticed that the price of gasoline at the pumps hasn’t come down as quickly with crude prices? GREED and GOUGING at work at the pumps now. I wish I had something they needed so that I could punish them with it……oh wait, I do, it’s called MONEY. Now we need to find a way to move that money away from these money hungry theives……..Alternative fuels!!!!

But then again, all that would happen is that Exxon, Shell, Conoco would just file for bankruptcy and our government would bail them out…..how nice. Wish I had a business that I could run into the ground and then scream default and get helped out. Thanks a lot American Airlines, Fannie Mae, Freddie Mac, AIG……..
A hug would be nice, as long as you don’t pick my pockets and take my wallet. Oh wait, go ahead and take it…..Exxon, Chevron, Conoco and Shell have been emptying that wallet over the past several years……so its empty.

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Schools, the food market, everyday people, planes… Everyone is being effected.

Screw that gas tax holiday, what will we save? 13 cents a gallon while it slowly raises to five bucks a gallon?

Even ASE are being looked at. Many independant companies asking them to use their skills to figure out something. There are predictions going around that we’ll have a major bankruptcy wave, then gas prices will finally fall in about 8 years because of alternative energy sources…

And during all this Exxon Mobile… Who has nothing to do with the prices, so they say, are making even larger record profits than last year, even when gas sales are down.
Oh I am very ungrateful when 25% of my paycheck pays for me to go to work.

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This is a crucial election for everyone. Voters from every age group, every level of our economy, every state, every party, and everyone able to vote needs to vote to protect themselves. This Congress even more than the President has failed their voters. Each and most likely every one of us has taken enough financial abuse at the gas pumps because this President and this Congress did not take a stand for us. If you are unable to meet your mortgage, the radically increasing and fluctuating fuel prices have contributed the most to your troubles. By the time the fuel prices added their costs to production by farmers, to transportation costs, and to every other activity in our economy alone… Well, you know what has happened to our economy and it should not have happened. On Wall Street, there are more actors than in Hollywood or DC. Take a cup with some coffee in it; you could spend all day discussing how full or how empty the cup is; and by the time your discussion ends, the coffee will be stagnant and unsafe to drink. The petroleum investors on Wall Street and World Wide toyed with our lives and our futures until they realized that they goofed big time. They nearly murdered their own markets and nearly committed suicide. Now, everyones financial resources are stressed to the limits (except bankruptcy lawyers, a viable source of future work for the lawyers who need to be voted out of DC) and our Governments at all levels are beyond that point, too. It would cause us to revolt if we knew how much we are expected to pay for the likes of Exxon_Mobile to make record profits. Now do you finally get the picture? You have only one alternative to save your own butts. VOTE!

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