On 22/04/2011 9:00 PM, Wayne.B wrote:
On Fri, 22 Apr 2011 18:20:57 -0700 (PDT),
wrote:

On Apr 22, 4:31 pm, wrote:
Of course Obama blames "speculators" because that is ALWAYS the reason
why gas costs anything. It is a bit like saying the sky is blue
because it bluish colored. However, what Obama actually means is that
in this context, "speculators" is a code word for "reaql

Here's a reasonable explanation why:

http://www.helium.com/items/2143049-...-costs-so-much

Let's not try to confuse them with the facts. They won't appreciate
it, and they're confused enough already.

One thing is for sure however - $4 gas really stings when you're
filling up a runabout or pickup truck. Apparently Amex has a $85
limit on card purchases at the pump. I got cut off the other night a
few gallons short of a full tank. Learn something new every day.
:-)

I have the advantages of being a teen in the early 70's and well groomed
on money as our family was poor...want a bike, deliver papers and save
because we couldn't get a credit/debit card...

Taught me money is a depreciaing asset too, saw a house bought for $13K
and sold 11 years later for $49K....inflation. Was the same house with
11 years of wear, go figure.

Same crap is happening today for the same reasons, government is making
too much no-value money and diluting the currency. All for
statism-ponzi-debt spend.

Simple as ABC. So if you don't like real-estate unless it is primary
residence, so I buy oil, gold, and other commodities to hedge inflation.

Ya, they are doing this in Canada too, $100 limit per fill. What a PIA
as I have a F150.... Cost isn't a big deal, a litre (about a quart)
goes up 10 cents, my stocks probably went up $20k more more. And
eventually as inflation bites, the dividends will go up too.

--
I can assure you that the road to prosperity is not paved with
fleabagger debt.