In one of the more dishonest moves by massivelyl dishonest people, the mainstream media is in the process of conducting an orchestrated PROPAGANDA campaign to convince you that gasoline prices have peaked, and are on the way down. The mainstream media, of course, has no way of knowing that. We are not even at Memorial Day--the recognized START of the heavy driving season.
Is it possible that gas prices have reached at least a temporary peak? Sure, although the DISHONEST mainstream media, and tame "experts" they quote, have no way of knowing that. If it happens, moreover, it will be because of a SLOWDOWN in the economy that prevents gasoline demand from rising. That includes a SLOWDOWN in vehicle sales and gasoline sales as people stop driving so much--and switch to less profitable "fuel efficient" vehicles (less profitable for the auto companies). That would mean, also, that summer recreational areas would HURT as people cannot afford to drive to vacation spots, and recreational areas. BAD for the economy. But, if demand does NOT slow down, then gasoline prices will continue high, or even increase. Yes, this will eventually SHUT DOWN the economy, bringing the prices back down.
You see what we have done with the endless government "stimulus", and endless printing of money by the Federal Reserve? We have made a REAL recovery IMPOSSIBLE. The moment the REAL economy starts to recover, higher commodity prices knocks it down. There was already a SLOWDOWN in the first quarter of this year, and gasoline prices CONTINUED TO RISE (because of Federal reserve deliberately inflatinary policy encouraged by this Administration). We have created a perfect storm: Carter style STAGFLATION until the final collapse caused by our exploding debt and ever more "centrally planned" economy.
That is why I could not let pass this Saturday's FEATURED headline on Yahoo "News" (BOYCOTT YAHOO!!!), from the dishonest, partisan political hacks at the Associated Press (a headline featured LONGER than the rise in the unemployument rate reported on Friday and the rise in layofffs reported on Thursday). Here is the truly despicable headline:
"Gas Prices Expected to Fall 500 Cents by Summer."
Look at that NAKED PROPAGANDA--everyone at the AP and Yahoo "News" should be arrested for indecent exposure (of propaganda hacks). This is not "news"--much less the type of "news" worth featuring. Expected by WHOM, you ask, besides the PROPAGANDA HACKS of the mainstream media? Well, maybe the same economists who are surprised WEEKLY by the report on new unemployment claims--and surprised by so many other things. Just when have these people got anything RIGHT? This is not "news". It does not even pretend to be "news". It is speculatioin for purposes of propaganda. As stated above, if gas rices do go down, it will be BAD news. If they go up, it will be bad news. We have created a situatiion where nothing but bad news is possible. But even if you disagree with me on that, it is absurd to issue a "news" story SPECULATING on FUTURE gasoline prices. WHEN the prices go down, that might be a story (although not much of a story if that drop is a fraction of a cent, which the media OVERHYPED at the end of last week, as gasoline prices stopped rising for the first time in 44 weeks).
"Uh, Ski."
"You again. How do you get access to my blog?""
"Wouldn't you like to know. Skip, you can't really believe this is propagand for purposes of helping Obama. The election will not be until November of 2012."
"Yep. Exactly right. These people are bone deep SSTUPID, as well as being corrupt and dishonest. It is NEXT SUMMER that gasoline prices really matter. Not this summer. In the meantime, are the people of the despicable AP and Yahoo "News" really telling you that you should ACT on the assumption that gasoline will DROP in price? Can you SUE these people for MALPRACTICE if they RUIN YUOR LIFE? They will tell you "no", and the First Amendment pprobably agrees with them. But, morally, these are EVIL people committing dhishonest evil.. What are you supopposed to DO with this speculative "news"? Obviously, nothing, because it is not "news" at all. It is speculative propaganda."
"Now, Skip, don't go off on one of your famous rants, with your usual typos getting worse as your emotions rise. I agree that the story is not really news, but it is hardly a big ddeal. What will happen will happen. That is your point, isn't it?"
"Yes, and no. My point is that these people are DISHONEST and STUPID, meaning that you can't rely on anything they say. They deserve nothing but contempt, and womeone has to call them on it. Lukily, more and more people are. These people are becoming irrelevant. For example, these people are still OVERHYPING the Osama bin Laden raid--as many as 4 or 5 of the 7 or so featured stories on the Yahoo "News" "welcome" page (U-Verse) being mostly NON-NEWS stories about the bin Laden raid. Yes, the raid was a success, and Obama deserves credit for going ahead with it (although he had little choice, and did not "plan" th eoperation). But yesterday you had a story about how a "candid" video shows an "unkempt" bin Laden we are not used to seeing. SO WHAT. That is not "news". It is absurdity. Today, Obama is quoted as syaying the "risks" of the operation were "worth it to get our man". SO WHAT. I assume he thought that, or he would not have granted his approval. And WHO is saying that the risks were not "worth it"? Certainly not me, or anyone who thinks like me on the right. This is all an atempt to "keep a story alive" that the partisan media think is helping Obama (stupid people that they are, as whatever help Obama got from his correct action--ignnoring things like trying to give Muslim "respect" to the body--has already happened. By next November, it will be an almost forgotten minor triumph by a President facing a world of problems bigger than bin Laden (satisfying as it was to "get" him). "
"Skip, I keep trying, but you refuse to stop these rants."
"The rants will continue as long as these dishonest ppeople in the mainstream media continue. I DARE any ONE of them to explain exactly what they want people to DO based on their "prediction" that gasoline prices are going down. Post pone your vacation in the expectation it will be cheaper later? Give me a break."
Nope. As my hacking critic has indicated, no proofreading or spell checking of the above rants. .
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