Our war on words (and numbers)

"Here are the facts. Not my opinion, just the truth. We will not get out of this downward spiral until something changes. Energy is driving much of our inflation. Inflation is driving the interest rate hikes."

Tomorrow, the CPI is due out for September. Because gas was still coming down for most of the month, it probably helped blunt some of our high inflation. It offset some of the other things which are driving the numbers. That being said, it is estimated to be 8.1% instead of last months, 8.3%. That is still enormously high. A "healthy" inflation rate should by about 2%.

Just wait to see what happens. Joe Biden, or one of this talking heads, will tell us the inflation rate is coming down. It is getting better. Ah - no it is not. The Fed knows that also. Expect the Fed to follow up this news with another 1/2 to 3/4 point rate hike.

All we get with our current administration are lies and fairy tales, all wrapped up in word salad and number blizzards. Never the facts, just the BS and blarney. I know Gary, I know - both sides do it. But Joe Biden and Company have taken this "art form" to new heights. So much so, with a straight face, they can tell us up is down and black is white. In other words, don't believe your lying eyes - listen to what WE are saying!

Here are the facts. Not my opinion, just the truth. We will not get out of this downward spiral until something changes. Energy is driving much of our inflation. Inflation is driving the interest rate hikes. Interest rate hikes are meant to cool the economy, maybe even to the point of recession. So what is the lynch pin. Energy. If so, we need to come up with a plan to produce so much energy, it will tip the scales. OPEC wants to reduce supply by 2M barrels a day? Go ahead. We are going to make up for that, and then some.

Right now, the price of a barrel of oil is about $90. If if goes to $100/barrel, the world's biggest asshole (Vladimir Putin), will make billions more selling his dirty oil to the Indians and Chinese. All that extra money will go into his war effort, which is now directed at killing civilians in Ukraine. WE could fix that, simply by increasing the world's supply of oil to such an extent, the price would come down. That would hurt Russia (starve their war machine), and humble OPEC. 

This is the kind of straight talk we need out of an administration. Not word salad. Not number mumbo jumbo. Honest (thanks John McCain), straight talk. Remember one very important thing however - as bad as Joe Biden is (and he is very bad), what is waiting in the wings is ten times worse. Now have a nice day!