Why gasoline and food prices are high

I thought I would never post anything I read on DailyKOS. But this guy has his act together and flat out explains what is happening and why it is happening  to food and energy prices.



"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“It’s the presumption that Obama knows how all these industries ought to be operating better than people who have spent their lives in those industries, and a general cockiness going back to before he was president, and the fact that he has no experience whatever in managing anything. Only someone who has never had the responsibility for managing anything could believe he could manage just about everything.” - Thomas Sowell in Reason Magazine

It also applies to today's money printing by the central banks. The people closest to the central banks are buying assets at the "old price". These people are TBTF Wall Street bankers. You can't get any closer than being a primary dealer.



Well guess who the biggest food speculators are? TBTF Wall Street banks.


Who is manipulating energy prices? TBTF Wall Street banks.


They are standing near the Fed's money tap and using that cash to buy stuff that you need so much that you'll pay any price to get it.

Link

The older I get

Hat tip to Bill T!



"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

 “It’s the presumption that Obama knows how all these industries ought to be operating better than people who have spent their lives in those industries, and a general cockiness going back to before he was president, and the fact that he has no experience whatever in managing anything. Only someone who has never had the responsibility for managing anything could believe he could manage just about everything.” - Thomas Sowell in Reason Magazine

Cute

Hat tip to Austin!!

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“It’s the presumption that Obama knows how all these industries ought to be operating better than people who have spent their lives in those industries, and a general cockiness going back to before he was president, and the fact that he has no experience whatever in managing anything. Only someone who has never had the responsibility for managing anything could believe he could manage just about everything.” - Thomas Sowell in Reason Magazine

Plug in - turn on - burn up!

All you ever need to know about the Chevy Volt!

The picture has nothing to do with the Volt. But I had a '50 Ford and it was a lot more fun to drive than the Volt can ever be! Especially when I had my Honey by my side!

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“It’s the presumption that Obama knows how all these industries ought to be operating better than people who have spent their lives in those industries, and a general cockiness going back to before he was president, and the fact that he has no experience whatever in managing anything. Only someone who has never had the responsibility for managing anything could believe he could manage just about everything.” - Thomas Sowell in Reason Magazine

President Apology

You know, it looks like all that practice of ass kissing President Apology did early own is paying off.

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“It’s the presumption that Obama knows how all these industries ought to be operating better than people who have spent their lives in those industries, and a general cockiness going back to before he was president, and the fact that he has no experience whatever in managing anything. Only someone who has never had the responsibility for managing anything could believe he could manage just about everything.” - Thomas Sowell in Reason Magazine

States Rights

It does my good old boy soul wonders for the Left in this country to discover the ninth and tenth Amendments even if what they want doesn't flic my bic. Of course it took them having some skin in the game to get their support.

Enlightened self interest! Now there's a thought!

Colorado voters in November will decide whether limited possession of marijuana for any purpose should be legalized.

If passed, the initiative would make Colorado the only state in the nation to legalize marijuana for recreational use. On Monday, the measure became the first to qualify for the state's November ballot when the Colorado Secretary of State's Office announced its supporters had turned in enough valid signatures

Link Denver Post

Hat Tip to Talk Left!


Link






"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“It’s the presumption that Obama knows how all these industries ought to be operating better than people who have spent their lives in those industries, and a general cockiness going back to before he was president, and the fact that he has no experience whatever in managing anything. Only someone who has never had the responsibility for managing anything could believe he could manage just about everything.” - Thomas Sowell in Reason Magazine

Amendment 9 - Construction of Constitution. Ratified 12/15/1791.



The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.


Amendment 10 - Powers of the States and People. Ratified 12/15/1791.


The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

Energy Policies of the Obama Administration

This also applies to gasoline.

Hat tip to Bill T!

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“It’s the presumption that Obama knows how all these industries ought to be operating better than people who have spent their lives in those industries, and a general cockiness going back to before he was president, and the fact that he has no experience whatever in managing anything. Only someone who has never had the responsibility for managing anything could believe he could manage just about everything.” - Thomas Sowell in Reason Magazine