Many folk say this is a issue cause by the Bushboys. Some say it is not. I say it is and here is my opinion.
Babybush has put our great nation deep in debt with his oil war I call Iraqnam.
Anyone who knows anything about debt, knows the more debt you have the higher interest rate you pay.
But in the case of a country, the interest rate is set by the country so its money value is then affected.
When bushboy attacked Iraqnam .90 american bought 1.30 of euro dollar
and 1 dollar american bought about 1.50 canadian.
NOW 1 euro dollar buys 1.56 american as of 4 25 08 and 1 canadian dollar buys 98 to one buck even american.
This proves that Bushboy has directly caused Our currency to be devalued by at least 50%.
This is also why gold is 1k+ an ounce and oil is 100+ a barrel.
These are basic commodities and as our currency devalues, these commodities cost more.
This is exactly why gas costs 3 bucks more than in 2001. As I remember finding gas costing 92 cents a gallon in Oklahoma in late 2001.
Now what is the main reason that bushboy has let our currency devalue?
OK when Iraqnam started,gold was about 300 an ounce now its 1k+.
The reason for this is to keep china from forclosing on all our debt, that they own.
Those 1k fed notes were worth 3 oz of gold in 2003, now they are worth 1.2oz of gold.
This means that it would be financial suicide to call those notes.
THIS price for so called republican capitalism is why I am a democrat and have no troble being called a liberal.
Its also why I laugh at ignorant repub supporters that call me a comunist or a socialist.
They are too ignorant to realize their own party is ripping them off.
Saturday, April 26, 2008
Gold is over 1000 an ounce and gas is near 4 bucks
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