I see an economic diasater coming...

[the_big_m_in_ok]

People are showing a lot of anger.  Look at Korea with protests in Seoul, S. Korea, over the North's shelling of a border island.

Speaking again of "Korea", S. Korea wants to continue artillery exercises near where the North shelled the South's border island.  Both sides promise "massive" retaliation if the other side goes too far.  A regional conflict would be more than just *serious* for economic interests in the area if things get out of hand.

The economic crisis is far from over in Europe as well.

--Lee

[triffid]

Everyone seems to have forgotten 2008 when gas was over $4.00 thanks mostly to greedy speculators. In case you haven't noticed, fuel prices are creeping up again and most economists expect the price to be near or at $4.00 again by late spring 2011. The rise is slower this time so as not to alarm the uninformed. Our government "subsidizes" the refining companies in a back-door manner by allowing massive tax breaks although it certainly is increasingly costly to get at the crude and somebody has to pay.. Am I about to riot? Hardly. But I MAY have to curtail operations and lay off people, and this fragile "recovery" will suffer soon as prices rise for everything.
Ethanol, the so-called savior, is actually driving up the price of everything as farmers mow down their corn for fuel and not food; as oil prices rise, so do prices for everything made with it including plastics, clothing , and many foods.
Iran is not the only nation who will suffer soon due to rising fuel prices. This country is in deep economic caca and while there may not be nationwide riots and strikes over cutbacks, there will be a cost -- what that is remains to be seen

[the_big_m_in_ok]

Everyone seems to have forgotten 2008 when gas was over $4.00 thanks mostly to greedy speculators. In case you haven't noticed, fuel prices are creeping up again and most economists expect the price to be near or at $4.00 again by late spring 2011.

I did notice, indeed.  Makes me glad I don't own a car.  San Francisco, my hometown, has major street gridlocks every day due to the cars.

The rise is slower this time so as not to alarm the uninformed. Our government "subsidizes" the refining companies in a back-door manner by allowing massive tax breaks although it certainly is increasingly costly to get at the crude and somebody has to pay..

The companies don't pay taxes, they raise prices and we subsidize the prices with our business.

Am I about to riot? Hardly. But I MAY have to curtail operations and lay off people, and this fragile "recovery" will suffer soon as prices rise for everything.

Taxes might become higher at the end of the year?  At any rate, prices are creeping up on everything.

Ethanol, the so-called savior, is actually driving up the price of everything as farmers mow down their corn for fuel and not food; as oil prices rise, so do prices for everything made with it including plastics, clothing , and many foods.

Yeah, a TV news report said the same thing awhile ago.  They, and you, have a point.  There are newly discovered naturally growing plants that can be used for ethanol production, however.

Iran is not the only nation who will suffer soon due to rising fuel prices. This country is in deep economic caca and while there may not be nationwide riots and strikes over cutbacks, there will be a cost -- what that is remains to be seen

As I said, "I'm waiting to see what happens."

--Lee

[triffid]

think you can grow your own food on your own land if you had some?Think again!  check this out!  http://www.naturalnews.com/030799_food_freedom_Wickard_vs_Filburn.html

[triffid]

NaturalNews) In arguing for S.510, the "Food Safety Modernization Act," there are all sorts of attorneys, legislators and internet commentators who keep claiming, "The government won't try to control the food production of small farms." They say, "Your backyard garden is safe" and that the feds won't come knocking on your door to control your seeds or foods.

As usual, these pushers of Big Government are utterly ignorant of the history in their own country. Because as you'll learn right here, not only CAN the U.S. government control and dictate to single-family farms what they can grow in their own backyards; the government has already blatantly done so!

Learn more: http://www.naturalnews.com/030799_food_freedom_Wickard_vs_Filburn.html#ixzz18ofAhxQs