Garimpiero

Vietnam Suspends Gold Imports, Follows FDR's Great Depression Lead

Being in a thoroughly Revolutionary mood, and just back from a trip to Boston- where last weekend's newspaper featured a story that 125,000 households statewide (that would be at least a quarter of a million people (!!!!) now face the prospect of freezing to death this winter (if they do not starve first) as their power has been shut off already for nonpayment. This is due to to soaring fuel costs (NG has doubled in less than a year and home heating oil not far behind) which are directly linked to the Fed's printing presses(associated with deficit spending) and much less the "new demand from India and China"- Indian automobile sales, for example are less than 1.5 million a year. $30 billion a month in deficit spending-money going largely abroad, is equivalent to over 200 million barrels of oil A MONTH- is it any wonder that prices are soaring- and what would stop them from soaring further?- and this $30 billion a month for Iraq and Afghanistan, lining the pockets of the arms merchants- to "protect" us? 250,000 people in Massachusetts beg to differ, but they are in a "Blue" state (as in blue with cold) so their opinions do not count.