Bad News for the GOP: Inflation Rate Worst in *17* Years
"HK" wrote in message
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JoeSpareBedroom wrote:
"HK" wrote in message
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JoeSpareBedroom wrote:
"HK" wrote in message
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Inflation Rate Is Worst in 17 Years
WASHINGTON (AP) -- Higher costs for energy and food last year pushed
inflation up by the largest amount in 17 years, even though prices
generally remained tame outside of those two areas. Meanwhile,
industrial output was flat in December, more evidence of a significant
slowdown in the economy. Consumer prices rose by 4.1 percent for all
of 2007, up sharply from a 2.5 percent increase in 2006, the Labor
Department said Wednesday. Consumers felt the pain when they filled up
their gas tanks or shopped for groceries. Prices for both energy and
food shot up by the largest amount since 1990.
I'm tellin' ya....we should've invaded Saudi Arabia instead of
eye-rock, and just taken their damned oil. At least we could've been
honest about that mission. Put the whole damned country under new
management.
Speaking of SA, did you see our fearless leader begging in the Middle
East for the Saudis to drill more? If memory serves, oil was around $25
a barrel when President Idiot presumed office in 2001.
I was busy getting a stomach ache over the real reason for his visit: To
tell them we were happy to sell them more weapons. It's not a matter of
*if* we'll regret that at some point in the future, it's a matter of
*when*.
We have to sell the Saudis the weaponry, else they'll cut back on oil.
Why not just pull out. Let some fanatic get power hungry and when Saudi
gets it's control of government is threatened let them pay a trillion or two
for the services if the USA to intervene?
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