Well, we are here. Rediculous gas prices and getting worse almost daily and it seems that our government doesn't want to help us do anything about it.
I don't know about you but the current gas prices are affecting every part of the local economy around here and even though most don't want to admit it, they are hurting. The government is still denying that we are in a recession but the signs are everywhere. Spending is down, prices are up and people are struggling to survive.
I am an avid Craigslist fan. I peruse the pages of the local areas daily just to see what is out there. An insider's tip is that if you have the means to buy something you want, now is the time to do it. People are needing to liquidate items for the cash and the deals are there, BUT that is NOT the point of this blog.
The point is....people need help. Sure, most people got themselvess in the situation that they are in, there is no denying that. Years of using credit cards and living either at or beyond their means have made a recipe for disaster and that disaster is becoming a reality...QUICKLY.
But, putting that aside, we should come togther as a country and help one another instead of letting the "feast or famine" mentality take over.
Take for instance...oil prices. Here is a chart that shows the history of the price of a barrell of oil. Is the picture a little clearer now? Still think we are not either in, or rapidly heading towards a recession?
That red line is an ugly thing to look at.
We as consumers are being robbed by the gas stations and oil companies. They are all laughing all the way to the bank at the expense of our pocket books. And, of course this high price will land at the grocery store, department store, etc real soon too, so it's just not filling my gas tank - it's an entire trickle down effect. Maybe it's time the oil company executives and gas station owners start fearing facing some prison time for the activities they are participating in, robbing the people of this country and our economy.
We currently are in a credit crunch with all of the foreclosures out there because of all of the creative financing that was offered to individuals. Will we have another wave of foreclosures because people cannot afford to pay their mortgage and put gas in their tanks so they can go to work, put food on the table, clothes on their backs, etc? Eventually people will need to make choices - what or WHO is going to suffer?
It's time our government do something about this. If record profits are being made, then why do I have to be so broke because of the price at the pump and it's trickle down effect. It's time to put regulations on the oil companies and gas stations.