Thoughts on Debt

You do realize that we practically live in a virtual world, don’t you? The fact is nothing is what it seems and what you are being told is probably not the truth, so let’s look at the facts— The crude oil prices are dropping rapidly and the price on gas at the pump has come down some.  Did you know that it can take about 3-4 months for the pumps to have a decrease from a drop in the oil prices today.  Also, did you know that part of the reason for the increase in gas prices, aside from the economy and the war, is that the demand for gasoline has been rising and the supply has not.  The United States has not built even one oil refinery since 1976 which is 32 years of ignoring that we need more oil and not taking any action.  Also, in fairness to the average gas station, they make very little money on their gasoline sales and rake in a much bigger profit from keeping their gas prices competitively low, to encourage you to come to them and buy something to drink, cigarettes, lottery tickets and so forth.  It is the mini marts themselves that bring in the revenue in these places and not so much on the gas.

I still personally see a big difference from region to region on gas prices and in my travels this past weekend found gasoline prices that ranged from the highest price I saw at $3.39 per gallon for regular unleaded to $2.95 per gallon.  A savings of .44 per gallon is not laughing matter.  Especially when you consider, I didn’t go on a massive country wide trip, I only drove down the highway about an hour and that is how much the gas prices varied on a short drive.  I don’t care what they say in the news, I know that some of this must be price gouging, I don’t mind when the prices vary a little but when I can drive to the next town over and spend .20 less per gallon, something is rotten in Denmark!

In understanding the title of this blog one of the most important things to understand currently is that this maniac is spending through this country’s money for what will require about a 50 year payback period. Now, it is not bad enough to say that we are still spending endless amounts of money on this war which to say the least is never ending in a country whose name we don’t even pronounce correctly. Don’t get me wrong, I realize that these people might have needed our help in the beginning (the verdict is really still out on this fact) but the war is basically killing the economy in this country and still we are fighting it and at home people are struggling just to survive. As if the war was not bankrupting us enough, Bush is now running around and bailing out all the big finance companies to make it look in the numbers that we have money that we really don’t have. He currently has a bill in Congress to allocate $700 billion more dollars to failing companies over the next two years. Well, that’s great people but didn’t anyone tell him his term is up in about 3 months. Realize that he is spending money that we don’t have, and where is it going to come from…US. That’s right we are going to be paying off all this debt because, let’s face it, we can’t spend money that we don’t have right? Is anyone really seeing this besides me? I don’t know but I wish when I was running a little short that I could just print up some more money and go spend it with no financial backing. Oh, that’s right, we can’t just print money that is illegal. Well, I guess it isn’t if you are the President of the US then it is okay to make more money if you need it. Don’t we have enough debt already. Making these companies look better is just making our economy worse. Don’t buy into it, you can’t fix this country’s problems by spending more money we don’t have. Don’t worry though, the bread lines won’t be forming until after George W. Bush leaves office, this way he will still look like the good guy and the poor President who takes over is going to be sunk by Bush’s two year plan to bankrupt us. Keep saving those pennies people, we are gonna need them.