Well where is it? Damn sure were screaming at the Bush admin over this? About to top, and in most places it has, $3 per gallon!

Agreed.
Paid $3.05 and $3.19 on my drive to Ohio today.

The failing dollar. I guess this is some of the change we were supposed to be hoping for.

Well, clearly Obama is in bed with the oil industry, right?

BCBulldog;612356 wrote:The failing dollar.

Everyone I know is more outraged about the printing of money haphazardly.

fan_from_texas;612363 wrote:Well, clearly Obama is in bed with the oil industry, right?

Why not? The Libs used this argument against W. What's good for the goose...

Have you seen the price of milk? lol

CenterBHSFan;612424 wrote:Have you seen the price of milk? lol

I got milk for $1.89 last week at Aldi's and it was only $1.99 at WalMart. That was a gallon price. But I have seen it over $3 at our local grocery store.

As for gas prices, I think most of us are just tired of complaining that does no good. I just pay and treat the pain in my ass with some Prep H.


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Just more proof of the manchild being in over his head. He's nestled up close to the big oil fatcats, yet the libs say nothing. Hypocrites.

Mr. 300;612470 wrote:Just more proof of the manchild being in over his head. He's nestled up close to the big oil fatcats, yet the libs say nothing. Hypocrites.

It's Bush's fault.

Merry Christmas.

Quess where the Obama payroll tax cut is gonna go in 2011? Right in the gas tank.

Not intended to hijack the thread, but it is funny that one of my favorite sports writers - Peter King (who's posted my comments twice on cnnsi!) - has finally stopped talking about politics in his columns. But to Fab1b's point, back in the day King constantly griped constantly about gas prices and bitched about the W administration.

Manhattan Buckeye;612497 wrote:Not intended to hijack the thread, but it is funny that one of my favorite sports writers - Peter King (who's posted my comments twice on cnnsi!) - has finally stopped talking about politics in his columns. But to Fab1b's point, back in the day King constantly griped constantly about gas prices and bitched about the W administration.

For guys like King I'm sure the rising gas prices are now due to the fact that the Repubs are taking over the House. They're all in bed with Big Oil just like "W." BHO is the victim here. Right?

believer;612487 wrote:It's Bush's fault.

So let it be written. Forever and ever. Amen.

Although....that's twice now you've co-opted me!! Cbus4Life is gonna have to throw down the law here.

Mr. 300;612470 wrote:Just more proof of the manchild being in over his head. He's nestled up close to the big oil fatcats, yet the libs say nothing. Hypocrites.

Weren't you guys all complaining about him killing the oil industry in the Gulf?

Is he anti-business or in bed with business?

Sonofanump;612367 wrote:Everyone I know is more outraged about the printing of money haphazardly.

Why?

It is Obama's fault...continued huge deficits drives the doillar down. Great for exports...not so good for imports. Add speculators and increased global demand and we will have $4 gas prices before summer.
Nice.

This is where the working poor will turn on Obama. When gas prices last approached this level, they blamed Bush for ruining their lives...now it's Obama's turn. There are alot of people out there that judge the economy on gas prices, price of milk, etc...They don't judge it on the housing market, or the stock market, or how your 401K or 529 is doing, or any of that. People that live paycheck to paycheck, those that the democrats love to minipulate with class warfare, will turn on Obama by summer's end.

I Wear Pants;612622 wrote:Weren't you guys all complaining about him killing the oil industry in the Gulf?

Is he anti-business or in bed with business?

Both obviously!

Obama is pretty much anti-business at heart -- but like most of his ilk (politicians) he knows he has to get in bed with the big money guys to keep his position of power.

So, yes, the answer is both.

fan_from_texas;612629 wrote:Why?

Short term inflation vs Long term hyperinflation and a dollar with no value.

Sonofanump;614410 wrote:Short term inflation vs Long term hyperinflation and a dollar with no value.

You know, hyperinflation has a specific meaning and is normally associated with political upheavals or wars, etc. wherein prices can rise by 10% in a single day. There is nothing to suggest that this is going to happen. Absolutely nothing. Long term high inflation, although undesirable, is NOT hyperinflation. Now, if we want to stay away from hyperbolic terms like "hyperinflation" and discuss the devaluation of the dollar then ok.

As to the gas prices, I say that if BHO really cared about 'Mericans he'd lob a couple of nukes into India and China and throw a wrench in the wheels of their ever increasing demand for commodities (which was driving the price of oil, etc. up until the global financial crisis) so the prices go back down.

Seems it was silly for libs to use the price of gas to demonize Dubya. Why desire for more fair-minded conservatives to stoop to their level and employ the same tactic against the anointed one?

BoatShoes;614434 wrote:You know, hyperinflation has a specific meaning and is normally associated with political upheavals or wars, etc. wherein prices can rise by 10% in a single day. There is nothing to suggest that this is going to happen. Absolutely nothing. Long term high inflation, although undesirable, is NOT hyperinflation. Now, if we want to stay away from hyperbolic terms like "hyperinflation" and discuss the devaluation of the dollar then ok.

As to the gas prices, I say that if BHO really cared about 'Mericans he'd lob a couple of nukes into India and China and throw a wrench in the wheels of their ever increasing demand for commodities (which was driving the price of oil, etc. up until the global financial crisis) so the prices go back down.

If you like, I'll go on Google and find numerous articles regarding how close we are to hyperinflation. Many economists believe it is a possibility. The last I looked, the worst prediction I saw was about a 20% chance. This is not hyperbole, but an absolute result of buying your own debt and spending trillions you do not have. For you to suggest it isn't a possibility is to similarly suggest there is no way gods like Krugman, Thos Friedman, Geithner, Bernake et al could all have made a huge mistake.

Oh, so now it was "silly for libs to use the price of gas to demonize Dubya." Really? They demonize that poor bastard for waking up in the morning and they will NEVER stop. EVER. Don't believe me? Did you catch CBS, the bastion of fair media, showing a false cover of Dubya's book last week? I don't remember seeing any libs telling anyone that was wrong, do you?

Just to fuel the fire, How would you feel if BHO released half a billion barrels from the US oil reserves to get the price back down?

One could argue that GWB added to the last crisis by continuing to fill the reserves even though the price of a barrel exceeded 140.00 per barrel.

When the rest of the world abandons the dollar as their reserve currency, and they have been discussing it for a few years now, we are finished. We will have to pay sky high interest rates on our debt, and have to print money to pay it, because no one in the world will be buying any more of our debt. You will see the signs of hyperinflation really fast then.