The weak dollar policy of Bush and Paulson works its magic. The difference in euros is almost nothing, but a jump of $3.36/barrel will be noticed in the US. No matter how you chop up the numbers or what kind of inflation you want to call it, this is inflation. The US economy is in trouble and the world knows it.
Unless there is an American who isn't using oil the pressure on wallets will be felt. People such as Bush and Cheney don't give a damn if the price hits $150 per barrel because they will always be fine. It's just the rest of the population who is going to feel the pain.
Merry Christmas and Happy Holidays from Bush and the Republican party. Thanks for the votes in 2000 and 2004.
Today in Congress
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The House is not in session today.
In the Senate, courtesy of the Office of the Majority Leader:
Convenes: 10:00am
Resume consideration of H.R.3590, Hea...
44 minutes ago







