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Okay..so according to Bernanke and the Administration, inflation is under control at 2.5 percent or so. This is what we've been told for the past two years and since I do the grocery shopping in my house, I KNEW better. So on Thanksgiving Day 2010 my wife and I composed a list of 25 common food items that mostly every family buys regularly. FOOD only ...no paper plates, tin foli, etc. There are three national grocery stores in my area so on every Thursday for a year, my wife and I (sometimes just her) went to each of the three stores and recorded the prices of each of the 25 items.
When Thanksgiving 2011 rolled around, you will be amazed by what we found. Only five of the 25 sample items went up in price by less than 5%...(one actually decreased by one percent). Nine of the 25 items has increased by more than 15%! The others went up between 6 and 14 percent, but the average of the entire product basket from T'giving 2010 thru T'giving 2011 increased by11.892%!!! But don't worry, DC tells us the annual inflation rate for 2011 was a mild 2.4%??? WTF???
On Thanksgiving Day 2010, regular unleaded in my town was $3.18 a gallon. Same day in 2011, the price was $3.49. But, don't worry, no inflation here. That's what the news tells me that Washington says. Oh...I forgot, the "official" CPI index was modified from many years ago so it now DOES NOT INCLUDE THE PRICES OF FOOD AND ENERGY!!! Guess that's because so few Americans actually buy food and energy. For you guys who have wives or girlfriends who do the grocery shopping for you...you ask them, have food prices gone up over the past year?
Now, whether you believe me or not is not relevant. As for me though, I will believe what I see NOT WHAT I'M TOLD when those two things conflict... So, if "real life" inflation is over 10% and the stock market is up 8% over the same periods of time, guess what....THE STOCK MARKET MAY BE DOING WELL ENOUGH FOR A CORRUPTOCRAT TO USE IN HIS CAMPAIGN SPEECH, BUT THE INVESTOR IS STILL A LOSER!!! Don't let the Washington bullshit artists claim you as another moron who knows no better than to drink the Kool-Aid....FIRE EVERY ONE OF THEIR ASSES!!!!!!!!!!!!!!
DON'T ACCEPT ANYTHING THAT ANYBODY IN WASHINGTON DC EVERY SAYS...ESPECIALLY IF YOU CAN PROVE THEY ARE LIARS!
BTW: If you wouldl ike a copy of my pricing spreadsheet, find a way to give me an email address and I'll get it to you...
When Thanksgiving 2011 rolled around, you will be amazed by what we found. Only five of the 25 sample items went up in price by less than 5%...(one actually decreased by one percent). Nine of the 25 items has increased by more than 15%! The others went up between 6 and 14 percent, but the average of the entire product basket from T'giving 2010 thru T'giving 2011 increased by11.892%!!! But don't worry, DC tells us the annual inflation rate for 2011 was a mild 2.4%??? WTF???
On Thanksgiving Day 2010, regular unleaded in my town was $3.18 a gallon. Same day in 2011, the price was $3.49. But, don't worry, no inflation here. That's what the news tells me that Washington says. Oh...I forgot, the "official" CPI index was modified from many years ago so it now DOES NOT INCLUDE THE PRICES OF FOOD AND ENERGY!!! Guess that's because so few Americans actually buy food and energy. For you guys who have wives or girlfriends who do the grocery shopping for you...you ask them, have food prices gone up over the past year?
Now, whether you believe me or not is not relevant. As for me though, I will believe what I see NOT WHAT I'M TOLD when those two things conflict... So, if "real life" inflation is over 10% and the stock market is up 8% over the same periods of time, guess what....THE STOCK MARKET MAY BE DOING WELL ENOUGH FOR A CORRUPTOCRAT TO USE IN HIS CAMPAIGN SPEECH, BUT THE INVESTOR IS STILL A LOSER!!! Don't let the Washington bullshit artists claim you as another moron who knows no better than to drink the Kool-Aid....FIRE EVERY ONE OF THEIR ASSES!!!!!!!!!!!!!!
DON'T ACCEPT ANYTHING THAT ANYBODY IN WASHINGTON DC EVERY SAYS...ESPECIALLY IF YOU CAN PROVE THEY ARE LIARS!
BTW: If you wouldl ike a copy of my pricing spreadsheet, find a way to give me an email address and I'll get it to you...