I recently edited a cartoon I found online relating to high gas prices. At the time, it was still under 4 dollars. Those were the days huh? I fixed the captions to better reflect what I think the problems might be.
I recently edited a cartoon I found online relating to high gas prices. At the time, it was still under 4 dollars. Those were the days huh? I fixed the captions to better reflect what I think the problems might be.
Contact your Congressmen and Senators, Ron Paul finally learned how to play the name game with his Affordable Gas Price Act!
http://www.opencongress.org/bill/110-h2415/show
This act would eliminate Federal gasoline taxes after a certain price point, allow states to determine drilling and oil discovery policy without Federal intervention, and removal federal hurdles for building oil refineries.
Next time I hear a “Conservative” complain that no one is supporting free market and low tax solutions for the Energy problems we are facing in this country- I will kindly remind them that Republicans had a chance at a free market economist candidate, and chose Crazy Ol’ Grandpa Crankypants instead.
There is a race between the collapse of the Dollar, the inauguration of President Doomed-From-Day-One, and a U.S. led attack on Iran.
Today, Iran announced they will no longer accept dollars for oil. That had been accepting other currencies for some time, but only today have they stopped accepting dollars. This has implications on the petro dollar and will have major national security implications. Putting Iranian oil back on the dollar is now priority number one for money manipulators. Our weakend dollar cannot withstand body blows such as this.
The things that remain to be seen is the reaction from OPEC and the EU. My prediction is that OPEC will say little about this development. The government officials in Saudi Arabia and other oil producing states must appease the masses who despise the west and may look at any attack on the west as a good thing. The EU should support this move, as it strengthens their currency against the dollar- but they will not support it. The very creation of the IMF is proof that countries are not looking to compete and succeed through innovation and private initiative, but to marginalize and mitigate any success or weakness in the major currencies of the world. The EU will likely purchase treasuries, notes, or bonds through the IMF- or cut interest rates to keep the dollar alive for the time being.
Much remains to be seen, but this will not stand. Iran will have a new leader by this time next year.
Source: http://www.cnn.com/2008/BUSINESS/04/30/iran.oil.ap/index.html?iref=werecommendIn
I saw a man holding a large sign at my local gas station. In large bold letters it said “No Blood For Oil”.
Thankfully, they still took bone marrow and kidneys.