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Friday, September 16, 2011

Prices squeezing consumers - Chicago Sun-Times

Prices squeezing consumers - Chicago Sun-Times



Really? Really? Really?

Yet in the meantime our central banking system is coming to the rescue of European Banks: http://www.suntimes.com/business/7681936-420/fed-pledges-lending-to-european-banks.html That's right 5 Banks. If they can find money for this, why can't seniors, and the disabled get a cost of living adjustment? Simple answer. Because of the previous administration raiding the surplus, and very shoddy math.

No offense Mr. President, but you must insist on your "Bean Counters" to go back and do a re-evaluation on the math that brought them to the conclusion that a cost of living adjustment wasn't feasible last year. Prices have doubled, and in some instances, tripled on food and other basic necessities consumers use, and need to go about their daily lives.

Not to sound like an isolationist, but we really do need a little "Nation Building" right here in this country. It can be done. It must be done. If it isn't, well, just look at what the last administration did to this country. If our central banks can ignore us, what's stopping the others from moving us back to "Tent Cities"? We are getting slammed with price hikes on nearly everything, and yet 5 central banks guess it's better to help out overseas, rather here. Really? Really? Really?

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