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You may have seen the meme that says, “I checked Kelley Blue Book today for my car’s value, and it asked if the tank was full or empty.”
Like all good jokes, the humor is rooted in truth. As of June 2022, the average price of a gallon of gasoline had doubled since January 2021. That’s a staggering rate of growth and completely unsustainable. For a lot of people in Washington, it’s just a matter of politics. But for the rest of us, it’s about life.
Can you imagine what this does to a single mom or dad, struggling to get by? Think of what it does to an elderly person living on a fixed income when he or she spends almost a hundred dollars (maybe more) for a tank of gas? For one thing, it leaves less money to buy food — the cost of which is also going through the roof. The cost of everything is going up fast, and it looks like that trend will continue for at least the immediate future.
The Federal Reserve’s response seems to be to take the nation into a recession to try and stop inflation. But that’s a little like killing a patient to get his blood pressure down. Yes, death is an absolute cure for high blood pressure, but it seems a little extreme. Somehow, they have to try to keep the economy moving forward while also getting inflation under control. It’s a job I don’t envy.
Meanwhile, the stock market has been going down. Real estate values have been falling. Retail sales are in decline. And it looks like there will be increasing global shortages of everything from food to the fertilizers needed to grow that food. With stocks down, 401(k) and other investments are down among, not just for the rich, […]
They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We have a Giving Fuel page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.
Thank you and God bless!
JD Rucker