Homestead mailing list

[Clansgian AT wmconnect.com]

In a message dated 4/7/2008 2:02:01 AM Eastern Daylight Time, 
lurine AT softcom.net writes:


> James, silly boy, didn't you know that a certain Teflon coated politician 
> said today that if elected that politician will spend $150 BILLION to fix 
> the energy problem. 

Yes, indeed.  But the rub for me comes when I must face the likelihood that 
said Teflon-man actually knows very well the problem can't be fixed and 
instead 
of actuall showing some leadership dishes out that pablum.

Screwed I tell you!

>   Or did someone 
> invent a money tree when I wasn't looking!
> 

Yes, they did and Bernanke has been laying the fertilizer to it.  He has been 
declaring an extra $100B to exist every two or three weeks for some time now.

I checked the reciepts so I'm not guessing here.  The 40 oz jug of canola oil 
was 98 cents four years ago.  We can use other oils but this refined oil is 
better for some applications than our usual butter, lard, or olive oil.  
Three 
years ago it had creeped to $1.28, then $1.89 in recent times.  This last 
trip 
it was $3.69.   

We didn't buy it.

People don't know squat about economics.  How many times have we heard, 'If 
we weren't spending a billion a month in Iraq, we could .... schools, 
medicine, 
feed the poor, etc."  No you can't.  If you apply more money to something, it 
doesn't create more of that thing, it only makes it more expensive.

Every time  ol' Ben declares another huge pile of money to exist, the cost of 
everything per force goes up.

 Mr. Teflon already has the extra acreage staked out where he tintends on 
growing a whole orchard of money trees .... with similar results.   </HTML>