Quote Originally Posted by MistaGanja
Wednesday, February, 27 2008. One of the greatest empires that ever existed has taken advantage of easy life. The one thing they think wont or cant happened slowly happens. Advancements were made but in a sense only for there lifestyle well being. Power grids that have been powering immaculate cities for that last 20 years without large reconstruction or design of efficiency eventually cut out and leave millions without power. As soon as the power goes out people act differently no 24-hour gas stations, and ATMs. 96% of the vehicles on the road run on fossil fuels and Co2 slowly gets put in the atmosphere. The united States of America produces the most Co2 out of any country. Within the last 12 years The U.S. has driven into dept, federal government dept as well as citizen credit debt. Millions of people suffer from foreclosure on there homes, originally paying 1,600 a month grew to 3,100, while the house isnā??t even worth that much. The groceries eventually climb in price while wages lock yearly. It cost about 1,000 dollars to fill up a semi-truck with diesel fuel, Truck drivers suffer with poor wages. So The Feds cut interest rates and print more money. How did this economic recession happen?
Here's your answer... its from a letter that I sent yesterday to the General Manager at the local TV station. He and I have been talking about this very thing since a month or 2 after Katrina tore us up. ;

I have been writing you for a couple of years about this.... I don't
think my previous predictions are too far off the mark...and it
continues.......

We are headed for a DEPRESSION in a real quick hurry. I have been
telling you this since the oil companies "temporally" jacked their prices even though they *said* they were not price gouging(cough bullsh*t). The have kept increasing prices until people yelled about it, then backed it down a few pennies to shut them up for a month or so, and so on...we are now over $3.00/ gal for regular, and I figure that it will be at $3.50/gal by spring break, then $4.00/gal for Memorial Day, then $4.50/gal for the 4th of July. You get the message.

The lower working class can no longer afford to pay for their fuel or
groceries, and a lot of people are losing their homes....not because of sub-prime loans, but, because the price of *EVERYTHING* has gone up so much due to higher transportation costs(fuel), that the average wage is not enough to support a single person, let alone a family with young children.

Yes I believe that Katrina was the trigger..... thats what gave the oil companies their "excuse" to rape the general public in the wallet, and we don't even get kissed afterwards.

All of the presidential candidates have been avoiding this issue like
the plague...why?? Because the government makes 30CENTS ON THE DOLLAR for every gallon of fuel sold, so there is absolutely no incentive for government intervention.

I figure that when the US economy colapses, it will cause a global
economic meltdown... then the oil companies will go broke, because they won't be able to sell any more oil or fuel, because nobody will be able to afford the fuel or the vehicles to put it in. If the oil companies were to overnight, drop the fuel and oil prices to pre-Katrina levels, it would still take 3 - 5 *YEARS* to get the economy turned around again.

The liberal media, politicians, and major corporate officers are just now starting to feel the pinch that has hammered the rest of us since September 2005, and has done nothing but get worse with rampant inflation(they say thats not happening either), wholesale price increases on *EVERYTHING*, and salaries still stay the same.

Its time to wake up and smell the coffee!!.