Bad Headlines in the U.S.
May 6, 2008 by daranee
Oil Nears $123 on $200 oil prediction
Fannie Mae loses $2.2 billion in first quarter
Pork, chicken prices may rise in next wave of food inflation
Further proof that something dramatic is needed to shift this country around. I’m not an economist, but it may not be a good time to invest in the U.S. right now.
And with all these prices people are pulling for one that does not even want to give them a break on fuel prices at the pumps, which would have also helped the truck drivers that haul our food. Meaning that food with keep going up along with the gas! Just checking out my new domain:
Here it is:
http://goodtimepolitics.com/
Obama wants to give them a break alright, he just doesn’t want to support a meaningless measure that he knows wont help people in order to get dupe people into thinking he cares.
Here’s a link to an earlier post that explains what happened when he tried doing this in Illinois. Long story short, the gas companies pocketed the difference and the state finances got screwed.
http://impliedobserver.wordpress.com/2008/05/05/gas-tax-holiday-in-practice/