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To: RBroadfoot

I agree but I also believe the "explanations" are more rooted in deception. Congress's recent grilling of oilco execs is about as transparently deceptive as one can get. What the loudest are trying to do is to intimidate the oilcos into larger campaign contributions, while making themselves appear to really care about the taxpayer, which we know they do not.

Govt spending creates the need for the inflation Govt needs to meet it's obligations. It's a Ponzi scheme little different than SS, paying off their debt with the cheaper dollars they print. However, every dollar printed, devalues all others already in circulation making individuals poorer and Govt stronger.

Today's dollar is worth roughly 20/685ths of it's value before FDR confiscated American's only real money - gold. Upon doing so he revalued gold at $35/oz immediately deflating American's buying power by 43%. Today it's a paltry 3% of it's pre-FDR $20/oz gold value.

If they REALLY cared about the taxpayer - they'd remove the largest cost of gasoline - TAXES.


9 posted on 05/16/2006 10:08:39 AM PDT by Marxbites (Freedom is the negation of Govt to the maximum extent possible. Today, Govt is the economy's virus.)
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To: Marxbites

You and I agree completely.


11 posted on 05/16/2006 11:46:35 AM PDT by RBroadfoot
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