Wasting Time With Alex

Tuesday, January 22, 2008

What do you make about that?

I must say that I expect all the idiots that have been telling us that the days of America being the top dog where over and that China, the EU, or the two together were leading the world’s economies to be having a doozy of a time explaining why an election year campaign to create the illusion America is in a recession or heading to one has resulted in news like this and this, and the drops are not just limited to Asia as this article about stocks in Latin America shows. Now you get my point right? For a “has been”, the news that things where slowing down in the US sure have resulted serious and adverse reactions everywhere else. So either we are not such a “has been” as the traditional anti-American lot of collectivists wants us to believe, or something else is going on. Of course with oil prices flying high and the MSM flaming & fanning the news of recession - we are in an election year and these bastards know that any talk of a bad economy favors the democrat collectivists they shill for - there was bound to be some reaction. But it looks like the Feds are taking action. Is it enough? Not sure, but I do not expect the people that profit from bad news in America to let up. At least not as long as they have won the WH back. Then the economy will suddenly do a 180 as always.

There is no doubt in my mind that the drastic rise in energy prices over the last couple of years is making itself felt. So far we have held inflation back, but the damn thing is that someone somewhere will have to pay for it. The best way to bring down the impact of these price changes, building new capacity and drilling for our own oil, seem to still remain off the table because the usual lot of collectivists continue to block efforts to drill for our own oil, build new nuclear or liquified coal & gas plants to make electricity, are adamant they will not allow it. So my guess is that things are not as bad as these morons claim they are. The day I see this lot of losers agree to let us drill for oil and build more nukes, is when I take them seriously.