Gas Prices and Mainstream Media Propaganda, as Obama and the Democrats Fail Again (While Obama Travels)

"Experts Expect Gs Prices to Drop 50 Cents by Summer"


The above was the AP/Yahoo "news" (boycott Yahoo) headline about two weeks ago--part of a mainstream media propaganda blitz to convince you everyone that high gas prices were already almost a thing of the past. I RIDICULED that headline, and that propaganda blitz, on the basis that a small decline in gas prices (the average went down less than a cent at the time, and went down a few cents after that) did NOT give you a basis to say the gas "crisis" was over (a "crisis" which did NOT keep "world citizen" Obama from "focusing on jobs" by going overseas,, AFTER spending all of his time offending Israel--see this week's articles). As to this partiicular quoted headline, I told you that it was NOT "news" :(not an opinion, but an objective fact), because it was really just SPECULATIOIN about futre events. You can get SOME "expert" to telly you anything that fits your own agenda, which is what the despicable AP did, but if these "experts" knews so much about gas and oil prcies they would all be RICH> Further, if economists were so good at "predicting", they would have "predicted" the HOUSING PRICE BUBBLE before it started to burst, and they would not be "surprised" week afater week by the new unemployment claims number released every Thursday (see my regular articles). But whether you agreed with me or not on my previus article, did you realize that I would yet again be PROVEN right, sooner rather than later? I bet you did ot think it was possible. But I KNEW that a few day's decline in the price of oil hardly a "trnd" made.


"Gas tanks draining family budgets"


Yep. That is the headline from the despicable AP (featrued on Yahoo "News", as usual). Yep. You got it right. The AP itself PROVED I was right to ridiculue the previous headline. "Wait a second, Skipe," you might say. "Might not gas prices still drop "by summer. Why believe this headline and not the previous one."


You still don't get the point , do you. I am not sayng that this newest headline is RIGHT (in its "crisis" like implication). I am just saying it proves the previous headline was WRNOG, and entirely propaganda and speculation rather than "news". What was the point of that first headline I quote above? After all, we are going to SEE what happens. Why SPECULATE, and call it "headline news"? Nope. The AP itself has proven my ridiculue of its stupidity and propaganda to be correct. And I was right to cal it STUPID, because you can't do successful propaganda when peoople can SEE what is happening to their budget. The previoius headline merely discredited the AP, and the mainsinstream media--or would have if they had any credibility left to be discredited. They don't.


There is a seasonal pattern here, by the way, although "seasonal patterns" do not necessarily hold. Things change. Gas prices usually rise in anticipation of Memorial Day, and the summer driving season. They may actually level off, and fall a little bit, by Memorial Day itself, and then they RISE GAIN heading into the July 4 holiday. This emphasizines again how really ridiculous that first headine above was. What is "summer"? It officially begins on June 21(for you leftists out there). Over that period between the previous headline and summer, you might expect gas prices to BOTH go down a little (not really 50 cents, altythough I am not saying it could not happen), and go UP (at different points). The question of whether gas prices will STAY HIGH, or end up going higher still, is a matter of PREDICTION and SPECULATION--where not one has shown the ability to correctly make those "predictions". Yes, by the way, I AM saying that what "experts expect" (any "experts", but especailly mainstream media favorite "experts") "expect" is NOT news. It is a Wall Street cottage industry, but that does not make it "news"--not headline news, anyway.


What gas prices will do is ultimately the result of many factors that are hard to predict. Middle East? Hurricanes? Demand in China and the rest of the world? But I, unlike the Associated Press, have told you the paradox here. One of the factors here is the STALKLLING U.S. economy. If gas prices fall DRAMATICALLY during the summer, or as we ead into summer, what is the most likely explanation? The most likely explanation, although not the ony possible one, is a FAILURE of the U.S. economy. A dramatic slowdown in the U.S. economy, or even evidence that same is occurring, or in the world economy, may drive down oil and gas prices. Is that "good news" or "bad news". You decide. What you should decide is just how bad our economic policy has been to put us in a position that we are facing such INFLATION in gas AND food prices at a time when our economy is still so weak--making it basically impossible to have a real recovery. Yes, Ben Bernanke of the Federal Reserve (one of the worst FAILURES in the history of world finance) bears his share of the blame for this, but Obama and the Democrats have put us in this position (as Obama himself virtually admits by suddenly taling about "oil production", as if it can be turned off and on merely with Obama's magic wand--true for "off", but not for "on").


P.SS. No proofreading or spell checking (bad eyesight).