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Gas prices up 45% in 5 years...just sayin'

When 84 Lumber closed my store in Ann Arbor, Michigan some 5 years ago; essentially pulling out of the state altogether(which led me to run for state representative under the Constitution Party), I can remember paying $2.75/gallon BECAUSE I got so much crap from "family" as to how stupid I was to have a job 42 miles away.

Well, gas is bouncing between $3.89 - $4.11 now in the western suburbs of Chicago where I fled to find work...and...obviously silver has gone from $9/ounce to what it's at too...

Anyone want to weigh in on what else had INFLATED since Ron Paul entered his 2nd attempt at President? What was the dollar index back then, what was REAL unemployment, how much QE have we injected into the economy? How much has been printed and spent on bailouts?

Maybe our critics need a SHORT TERM picture where our imminent collapse, at exponential speed, hits home. My current service sector job, where I get a 1.5% raise annually is due for a new 4-year SEIU contract at the end of June...seeing what I see, I am going into contingency mode suspecting they could very easily knock us all down to 32 hour/week employees and dump our gold-plated health insurance to push us onto Obamacare well ahead of the 40% 'Cadillac' tax for us expendable janitors...who always have the looming threat of being replaced with either amnesty-recipients from south of the border who broke the law to get here, or as Newt Gingrich suggested in his 2008 campaign, the schoolkids...you know, because citizenship should no longer be 'free'

Thoughts from where you live and where it's going?



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Inflation

You requested thoughts from where I live. Ok, I have two separate "worlds" I live in.

My small town was built on manufacturing but resides in the middle of farmland. Because farming is doing great, our state is doing well and all unemployment and business incentives (public and private) are shunned. Since mfg is in the crapper, our town has incredibly high unemployment and as you can guess we get no help. Jobs and companies are gone. People are now working for 1/4th of their 2008 wages and others are commuting 50-60 miles round trip. Houses are sitting empty or selling for $14-40k for what went for $80-100k previously.

My other 'world' is a startup venture. I'm trying to fund a business based on new solar technology but as you can guess, no midwest investors see the need. To them, biofuels and ethanol (plus coal and nuke) will solve all those pesky non-existent energy problems that people talk about on the news. East and west coast investors have zero interest in funding someone not nearby. This makes it extremely tough to even get connected and when a meeting does take place, their terms are abhorrent. Last year, I dropped my goals and re-wrote the business plan to a shoestring startup layout. From a dozen meetings, my best offer was 80% board membership, 75% CONTROLLING, non-dilutable stock and the CEO slot in return for $140k initial funds. This for a plan with over $1B annual revenue. Talk about sharks.

With the first situation in place, I'm now commuting 44 miles each way to support an unemployed and uninsured spouse and 20% of our 6 kids' family needs. There's no $ left to start things in the garage. I believe this scenario comes into play with most of the advancements ready to go commercial. It's a truly gory game out there and it's all due to inflation.

Inflation only matters to a person relative to what they purchase. If you buy food, power, gasoline, phone and insurance with 90% of your take-home, you really don't care about things like housing inflation or other stuff.

The problem comes in when inflation is passed on to you in those products from another type of product. This hidden inflation hurts much more because it's almost unchecked. Case of ethanol. Pushing ethanol actually raises prices (through taxes) because it's more expensive than traditional gasoline. That part people argue about. Some people also realize that it displaces farmland, causing a shortage and price increase there. Others realize that it uses up a chunk of the grown corn which feeds most US beef and that causes inflation there. As beef prices rise, it pulls all other meats with it and those pull other foods along. So, as foods rise, the wages should rise but can't. This causes unemployment and higher taxes (indirectly though). The whole system is connected.

The only real thing that can monitor this process is the quantity of money chasing the quantity of goods to be sold. If this money fails to flow to workers in equal proportions, the game is over. Inequality will perpetually increase and everything fails eventually.

However, knowing this gives us an edge because we ultimately have the power to decide who we work for and what we get paid. The collective "we" just hasn't learned how to accomplish that yet. That, is the only problem we should be working to fix. The actual solutions for how to do it are easy: They include organized and focused boycotts, independent economies (like what's available via Bitcoin), self-sustainability and even privately accountable social aid programs. So it's not the solutions that we need. It's getting enough people behind one to make it work. After that, the snowball will gather both mass and speed as it rolls down the mountain.

And when it goes down to $3.24

we celebrate that it's "cheap".

UGH! The paradigm shift in the public thinking upsets me greatly.

The law cannot make a wicked person virtuous…God’s grace alone can accomplish such a thing.
Ron Paul - The Revolution

Setting a good example is a far better way to spread ideals than through force of arms. Ron Paul