Relief?

Could it be? The Oil Bubble About to Pop? via Jimmy Akin Another chunk of our life being controlled by the bankers, brokers and gamblers. I agree with my dad more and more every day. He despised speculating on futures. What they were buying wasn't real according to him, and whats more, it creates terrible effects on the lives of the people buying the real item.

I would love to see oil futures take a dive. It won't just remove the pain at the pump, but groceries and many other commodities depend on the trucking industry. With diesel near $4 a gallon, anything that has to be trucked is affected.

Vending machine logic

I know we aren't in a recession. Many important, powerful people have told us that much.

But some still persist in their insistence. Take the vending machine guy. A notice posted on our machines at work tell us the cost of food has risen 5.5 percent. I know that isn't inflation, cuz that would mean a recession and we aren't having one of those, you know.

But the cost of food is going up fast, according to the guy whose job it is to KNOW this information. But we aren't in a recession according to the guy who is supposed to TELL us this information.

All I know at this point, I am likely going to be spending my "economic stimulus" payment on a "carbohydrates and protein" package.

Grocery and Gas stimuli

It is a sad state when an article on economics and tax rebates make one chuckle. Perhaps the cynicism has already set in. Tax rebate deal could mean checks by May

With unprecedented speed and cooperation, Congress and the White House forged a deal Thursday to begin rushing tax rebates of $600 to $1,200 to most tax filers by spring, hoping they will spend the money just as quickly and jolt the ailing economy to life.

With the value of the dollar by then, that should fill up the SUV twice. Reminds me of the saying, don't spend it all in one place.

The "unprecedented speed and cooperation" line made me smile, only spending someone else's money gets met with such speed and cooperation in Congress.

agreement to pump about $150 billion into the economy this year and perhaps stave off the first recession since 2001.

Don't know what they call it in DC, but "stave off" may be a tad late and "first recession since 2001" doesn't buy many groceries for me. Maybe life is better when you get to vote for your own pay raise and spend other's money.