Friday, April 22, 2011

"the number of Americans who think the economy is getting worse has jumped 13 percentage points in just one month"

Now, the NYT tries to explain a bit, and then winds (naturally) to some justifications, apologia, and excuses.

Obama ACTUALLY CONTINUES TO BLAME OTHERS (GWB, if you can imagine so immature a person after 2-3 years as president).

Let me explain the ‘problem’ of our depressing days … IN ADDITION to the unstable employment situation, in addition to the clear lack of energy policies (WHICH ARE REALISTIC), in addition to the wars, in addition to the failed effects of the govt giveaways to HUGE CORP’s that are stupid, venal and greedy, and feel entitled, in addition to the RIDICULOUS assertion that because Wall Street, Goldman Sachs, and GE are up, it's all getting better, we have in the last weeks seen WITH OUR OWN FRICKIN' EYES -THIS:

which means we are appalled at trying to eat (somewhat) healthy and get around

and we start looking at and thinking about what we will be eating in a anouther year of this…

We are afraid we will not be able to afford the things we could afford LAST YEAR WHEN THINGS SUCKED ANYWAY BECAUSE, MR. OBAMA, THE TRACK YOU PUT US ON, ON YOUR OWN, SUCKS WAY MORE.

SO WE ARE DEPRESSED, NYT.. because this is out of our control until 2012, at which time the best we can do is get rid of Obama in favor of an admin which will GET OUT OF THE WAY, and then we cross our fingers it won’t take 10 years for the USA to heal itself on its own.

Or maybe, we SHOULD hope it only takes 10 years.

Barack Obama, J CARTER ON CRACK

PS:

McDonald’s Corp (NYSE:MCD - News) forecast higher prices for beef, dairy and other items and said it would cautiously raise prices to keep attracting diners, who are grappling with higher grocery and gas bills.

Shares fell 1.5 percent after the world’s biggest hamburger chain said it planned to offset some, but not all, of its higher food costs, with small price increases throughout the year.

Gold hits record for fifth session, dollar tumbles

NEW YORK (Reuters) – Gold prices rallied to record highs on Thursday for a fifth straight session and silver surged as the dollar index tumbled for a third day toward an all-time low, prompting investors to buy bullion as a currency hedge.

Bullion, which jumped above $1,500 an ounce for the first time on Wednesday, once again rose in tandem with riskier assets such as equities on inflation fears.

“The U.S. dollar is in the midst of a severe downtrend. So the dollar is not the safe haven in view of the difficulty the U.S. government is having in resolving its budget deficit, and gold is benefiting from that,” said Leo Larkin, metals equity analyst at Standard & Poor’s.

Oil rises as dollar weakens

Oil higher on weaker dollar, gas pump average price at $3.84 a gallon

Oil rose on Thursday, as the dollar weakened and gas pump prices inched higher.

Benchmark West Texas Intermediate crude added 84 cents to settle at $112.29 per barrel on the New York Mercantile Exchange. In London, Brent crude rose 14 cents to settle at $123.99 per barrel.

At one point on Thursday the dollar dropped to a 16-month low against the euro. Since oil is priced in dollars, it becomes more attractive to buyers holding foreign currency as the dollar gets weaker. The dollar’s been falling as investors remain convinced the Federal Reserve will keep interest rates near zero. Lower rates make the dollar less attractive.

5 comments:

Always On Watch said...

More and more of us may have to resort to ordering food through Angel Food Ministries.

Epaminondas said...

Do these morons in Washington have ANY connection left to REAL PEOPLE?

Do they recognize of CARE about what is really going on?

Or have they and others concluded those not in their class, academically as they see it, or occupation class as they see it, or of the correct 'breeding' simply are not qualified to enter into the decision making 'elite'?

i.e. ENGLAND 1750?

Unknown said...

Hi AOW, did i not read this week that due to the sudden rise in prices that Angel food ministries also had to rise their prices substantially?

Always On Watch said...

Will,
I haven't checked their prices lately. Will do.

Alexander Münch said...

Amnon compared some of the items in "SuperSal" :-

Sweet Peas_______________ $1.90
Lean Ground Beef __________$4.25
Broccoli __________________$2.93
Red Pepper _______________$1.46
Chicken Breast _____________$4.40

Price in Israel per 500g. ( 1lb )