Monday, August 3, 2009
Fear........the new weapon against the poor
Reading an article today about how the elderly are afraid that the goverment is going to encourage their doctors to push euthansia on them. How that the goverment is so desperate that it wants the elderly to die younger so they can save money. Special interest groups are stating that the goverment wants to tax the already burdened middle class. Global warming is destroying our world but our kids do not get enough sunshine! Fear.....a powerful tool which whether informed or not causes people to think and react irrationally. A wise man once said "we have nothing to fear......but fear itself"...........what happened to that school of thought.
Sunday, August 2, 2009
Supply is up.....demand is down.......shouldn't prices be too!
Dairy farmers are producing milk today at record levels but their profits are going down and for the first time in several years the USDA is having to support the prices for farmers. Gasoline stockpiles are up and crude oil storage farms are full but gas prices are not down. What has happened to the old addage of supply and demand? Shouldn't prices of milk be going down for the consumer if supply is up and demand is down, a gallon of milk is on average $4 a gallon but farmers are only recieving $1.50 of that. What is happening, is the American consumer being taken advantage of again? Crude oil storage facilities are at capacity, we are using less gas this summer and yet the rice is no going down? What is going on here? The same thing that happened to Wal-street, the middle man, the hedgers, these are the ones manipulating the market. Farmers may be making on $1.5 a gallon but don't think its the store owner, on average most stores only make .25 to .50 on a gallon of milk. It is the distributer, you know their brand names, they are the ones working both sides. Giving the farmer barely enough to survive and sticking it to the consumer but yet making a fortune in the middle. The rules of the game have changed for the American consumer, we could watch the markets, watch supply and demand and predict what will be impacting our lives, not anymore. these hedgers, market and comodity risk takers are manipulating the nations supply and demand of consumer goods and its time we done something about it before we can no longer afford to drive our cars or drink a glass of milk.
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- Blue Collar Blogger
- I am a Registered Nurse and Practical Nursing Teacher.