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Recent Comments
DennisM FL 02:00:53 PM May 21 2008
"Investors see hard commodities such as oil as a hedge against inflation and a weak dollar and pour into the crude futures market when the greenback falls."
Thank you Ben Bernanke and the Federal Reserve for killing our dollar. We really like paying record prices now for food and fuel. I hope all you homedebtors who cheered the Feds decision to lower interest rates are enjoying this - we ALL are paying a price now. The more bailouts (for big banks, lenders, housing market, etc.), the more the dollar will fall, and the higher food and fuel will go. The more that Ben Bernanke prints money like there's no tomorrow and messes with the free markets to save everyone, the more this country will suffer in other ways - there's always a price to pay for incompetence. According to Paul Volker (one of the best heads of the Federal Reserve ever) the Feds primary job is to stabilize the dollar and fight inflation. This current Fed has done JUST THE OPPOSITE. And Wall Street calls these guys
Lbkinglet 01:56:16 PM May 21 2008
EVERYONE Wants to Decrease Our Reliance on Fosil Fuel........
Do YOU Expect Everyone to RIDE A BIKE Until That Happens?
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I expect people to show at least the same patriotism my parents and grandparents showed during WW II. If that means a return to rationing