Tuesday, April 1, 2008

Return of Inflation?

Beneath the headlines of Wall Street's financial crisis lurks the economic killer for ordinary Americans -- inflation.

It steals from the pocketbook of every American consumer, in an across-the-board regressive tax hitting especially hard those who spend most of their income on food and energy...

[yeah there are other factors - but by an order of magnitude the thing driving inflation in this country at this time is our insane energy 'policies'. Congress is subsidizing the burning of our food while actively blocking any & all attempts to drill for more (now >100$/barrel) oil. It's a deliberate ploy to wreck our economy in time for the presidential election - and it's working....]

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