Posts Tagged ‘skyrocket’

Obama Hope N’ Change Now Means No Food, No Fuel And No Roof Over Your Head

April 29, 2011

Then I heard what sounded like a voice among the four living creatures, saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!” (Revelation 6:6).

Messiah Obama wisely understands that we need sky high energy prices to force us to abandon lifestyles that are bad for the world.  That way he can keep the promise he made to the earth: “this was the moment when the rise of the oceans began to slow and our planet began to heal.”  The earth is much bigger than your little children, so Obama can break his competing promises to you and your family.  In fact, your evil if you want him to keep his promises that would prevent him from his messianic duties of healing the whole world.

A gallon of gas was $1.79 when Obama took over from that terrible George Bush.  Unfortunately, it has gone up about 110% under Obama, to $3.88 this week.  Damn that Bush devil!  Can you believe the way he actually wanted to keep the cost of our energy low, so people could do awful stuff like drive to work?  The half of us who sponge off the other half don’t need work, so why should the half we sponge off of?

The United States has more coal than anyone else on the planet by far and away, and half of our nation’s electricity comes from coal.  But America is evil if it uses coal.  Let China build a new coal-fired electricity plant every single week and overtake our economy.  They’ll be bad and our poor, destitute starving children will be good.  That’s why Obama promised liberal San Franciscans, “So if somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted.”  HERES the system any enlighted American would clearly want: “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”  It won’t matter how many Americans die in abject poverty; Obama is just what we needed.

China will overtake the U.S. economy by 2016, they’re saying now.  What’s that, you ask?  They were saying China wouldn’t overtake us until 2018 just a few months ago?  You don’t seem to understand the meaning of the words “funamentally transform” very well, do you?  But they’ll be bad, because they’ll be burning all that oil and coal and we won’t be.  That makes us better.  And so what if we have to freeze in the dark?

And the messiah to the world also knows that if you can afford gasoline, you might be so selfish as to actually drive.  And evil working poor people usually can’t buy expensive and impractical electric cars, so he must force them by making it hurt for them to drive.  That’s why he appointed an energy secretary who has been trying to“figure out how to boost the price of gasoline to the levels in Europe.” .  And of course when gas is $9 a gallon in Germany, Obama has a long way to go to bring Europe to America.  The only tragedy of soaring gas prices, of course, is that Americans might actually hold Obama responsible.  That’s why he answered the question, “Could the high gas prices help us?” by saying, “I think I would have preferred a gradual adjustment.”

We already voted for the “hope and change” of $9 a gallon gas in the wonderful fundamentally transformative election of 2008.  And how dare people get angry about that now!!!

Because Obama in his blessed wisdom knows that most Americans are far, far too stupid to understand anything that happens gradually, such as gas rising to the $8 a gallon levels like they are in Europe.  And it doesn’t really matter how much the American people suffer.  Not compared to healing earth and lowering the seas like Moses.  Obama will be better than Moses; he’ll make the level of the whole ocean change!!!!

And then there are the large families that can’t fit all their kids into an electric car or a hybrid anyway.  Obama is right: they should like kill the extra children or something.  Because children should die so the earth can be happier.

And food?  So what if the price of food is going through the roof?  Michelle Obama will tell you that you’re too fat anyway.  You need to lose a whole lot of weight, and her husband’s policies will give you the help you need.  You shouldn’t be allowed to eat half as much food as you eat, anyway.  They don’t get to eat in North Korea, and it’s a socialist worker’s Utopia.  So why should it be any different in the worker’s Utopia your Dear Leader is trying to create for you here?  North Koreans are 5.3 inches (13.5 cm) shorter and 30 pounds (13.5 kg) lighter than those fat overfed capitalist South Korean bastards.  And American kids should be as short and gaunt as their fellow socialist travellers.

Michelle said of his worshipfulness: “Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed.”  Or full.  Either your stomach or your gas tank.  And I couldn’t agree more.  As we socialists have said in the past, “Arbeit macht frei.”  And just what kind of a bad person are you for not being grateful to him?

I sure hope I’m not putting too much crap in the sandwich I’m feeding you.  Because excrement is a precious commodity in North Korea.  And it should be just as precious here.

But just in case you think the hope and change of Obama’s fundamental transformation is already more than you can bear, it gets even better.  The cost of having a roof over your head is skyrocketing, too.  Which might help you not worry so much about the price of food and the price of fuel.

Renters spending bigger chunk of income on housing
Study says supply of affordable housing has shrunk along with incomes.
Posted by Teresa at MSN Real Estate on Wednesday, April 27, 2011 12:48 PM

Record numbers of Americans are paying more than half of their pretax income for rental housing, according to a new study.

The study, by the Harvard University Joint Center for Housing Studies, found that the recession’s toll on incomes had increased more families’ housing-cost burdens. Almost 26% of renters spend more than half of their income on rent and utilities. Another 26.2% spend 30% to 50% of their incomes.

The study’s findings are similar to the findings of the Center for Housing Policy, which found that working families, both renters and homeowners, were spending a larger proportion of their income on housing. [..]

Lower-income renters have historically struggled to find affordable housing and have paid a disproportionate share of their income in rent. But, according to the study, that problem is moving up the income ladder with more lower-middle-income renters and middle-income renters paying 30% to 50% of their incomes for rent and utilities.  […]

Here’s how The Washington Post summarizes the situation:

The study offers the latest in a series of grim statistics about the scarcity of rental housing, especially for the working poor. The supply has not kept up with demand in part because of a shortage of apartments, a key source of new rentals. Developers cut back on such projects when the economy deteriorated in 2009, which drove down vacancies and boosted rents. Analysts say they expect rents to keep climbing as developers try to ramp up new projects and catch up with demand.

In many areas, the demand is driven by families who lost their homes to foreclosure during the housing bust and ended up searching for rentals. Meanwhile, as the job market recovers, more newly employed young adults appear to be seeking their own apartments instead of living with their parents, putting even more upward pressure on rental rates, according to one of the study’s researchers.

But don’t worry.  Pretty soon, thanks to Obama’s financial policies, you’ll have cash.  Lots and lots of cash.  Wheelbarrows full of it, in fact.

The decline of the U.S. dollar is accelerating rapidly.

Here are a couple of videos worth watching about the exciting fundamentally transformative changes you can hope for coming your way soon!

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‘Hope And Change’ Means Hoping You Don’t Starve As Food Prices Skyrocket Under Obama

February 21, 2011

What does hope and change mean entering the third year of Obama?  Does it mean a) I hope I don’t starve as food prices skyrocket?  Does it mean b) I hope I don’t freeze as heating oil prices skyrocket?  Does it mean c) I hope I can afford the gas to drive to work as gasoline prices skyrocket?  Or does it mean d) I hope I don’t go broke as the value of my dollars dwindle away.

The answer, of course, is e) all of the above.

The answer is always e when bad things are happening and you’ve got an idiot ruining the country.

World Bank: Rising Food Prices Forces Millions Into Poverty
FEBRUARY 15, 2011, 2:49 P.M. ET.
By MICHAEL R. CRITTENDEN
 
WASHINGTON—Global food prices continued to climb sharply in recent months, forcing millions into poverty and potentially exacerbating already tense conditions in the Middle East, the president of the World Bank said Tuesday.

The bank’s food price index rose 15% between October of last year and January, up nearly 30% from the same period a year ago, and only 3% below the 2008 peak. The increases, which have included sharp price spikes in the cost of wheat and maize, have driven an estimated 44 million people into poverty since last June, the World Bank said.

World Bank President Robert Zoellick told reporters on a conference call that food prices are at “dangerous levels” and said there is reason to worry that it could lead to further unrest in countries such as Egypt and Tunisia, where there is political unrest.

“I’m concerned that higher food prices add to stress points and could add to the fragility that is already there anytime you have revolutions and transitions,” Mr. Zoellick said, acknowledging bank officials are in close contact with interim authorities in Egypt.

The warning from the World Bank comes days before finance ministers from the Group of 20 industrialized nations are scheduled to meet in Paris to discuss a wide range of issues. Food prices, as well as inflation more broadly, is already a growing concern for international officials, but Zoellick said it needs to play a larger role in the high-level discussions this week. “The G-20 has to put food first this year,” Mr. Zoellick said, adding later that “this is a broad-based problem and it’s going to need a comprehensive solution.”

The World Bank said the rise in prices in a number of key staple crops was partially mitigated by only a modest increase in global rice prices, as well as good harvests in many African nations. Still, Mr. Zoellick warned that the World Bank remains concerned about global food-stock levels and predicted there could be increased price volatility if extreme weather conditions persist.

But don’t spend all your time worrying about starving to death; because under Obama, you have to worry about being able to afford the heating oil for your home or the gasoline to drive to work, too.  Oh, yeah, and your money is now worth a heck of a lot less thanks to your community organizer’s policies:

NEW YORK, Feb. 27, 2008
U.S. Gasoline Prices Skyrocket
Pain At Pump Increases As The Cost Of Crude Oil Hits $102 A Barrel
 
(CBS/AP)  The rapidly rising cost of crude oil has prompted a big spike in U.S. gasoline prices, with some experts saying the cost of regular gas could hit $4 a gallon.

The AAA reports that the average cost of regular gasoline in the nation was $3.14 a gallon – up 19 cents a gallon in the past two weeks, according to The New York Times. The cost of gasoline was $2.35 a gallon a year ago.

AAA spokesman Geoff Sundstrom told the Times it was possible gasoline prices could hit $4 a gallon this summer.

“We’ve gone from a worrying situation for gasoline to one that is quite alarming,” Sundstrom told the newspaper.

Driving the increase is the cost of crude oil, which hit an intraday high of $102 a barrel Wednesday as a slide in the U.S. dollar prompted investors to pump more money into energy futures as a hedge against inflation.

The dollar sank to a record low against the euro after the release of three disheartening U.S. economic reports Tuesday that show that the economy is slowing as prices for consumer goods rise. The dollar’s decline prompted investors to seek a safe haven from turmoil in the financial markets and the threat of inflation.

“Crude has cracked through the $100-level again and that’s driven by financial investors moving money into commodities markets,” said Victor Shum, an energy analyst with Purvin & Gertz in Singapore.

“The U.S. dollar weakened against the euro and the economic data also indicated that inflation in the U.S. rose in January, and commodities are generally considered a hedge against inflation,” Shum said. “We are therefore seeing these strong prices that have really little to do with oil market fundamentals.”

Light, sweet crude for April delivery spiked as high as $102.08 a barrel in electronic trading on the New York Mercantile Exchange before slipping back to $101.23, up 35 cents.

The contract on Tuesday jumped $1.65 to settle at $100.88 a barrel, a record close.

In London, Brent crude added 33 cents to $99.80 a barrel on the ICE Futures exchange, below the intraday record of $100.30 a barrel set earlier in the session.

The U.S. Labor Department said wholesale inflation rose by 1 percent in January on soaring oil and food costs. And Standard & Poor’s also reported that U.S. home prices fell 8.9 percent in the last three months of 2007 from a year earlier.

A report by the Conference Board, a business-backed research group, that its Consumer Confidence Index fell to the lowest since February 2003, far below what analysts had been expecting, indicated that consumers might continue to curb their spending in the coming months.
Quote : “We’ve gone from a worrying situation for gasoline to one that is quite alarming.”Geoff Sundstrom, AAA spokesman

But traders in both the energy market and the U.S. stock market, which also advanced sharply, seemed largely unfazed. Oil has risen in recent days amid an increase in speculative buying, with some traders believing that global demand will be high enough to support higher crude prices even if the American economy is slowing.

Analysts expect the U.S. Energy Department’s Energy Information Administration to report later Wednesday that the nation’s crude oil stocks rose last week by 2.4 million barrels, which would be the seventh straight week of gains.

Gasoline inventories are expected to rise by 400,000 barrels while supplies of distillates, which include heating oil and diesel, fell by 1.8 million barrels last week, according to a Dow Jones Newswires poll of analysts.

Also supporting prices were concerns about supply disruptions from unrest in Iraq, a major oil exporter. Turkish ground forces pushed their offensive against Kurdish rebels deeper into the north of Iraq, seizing seven guerrilla camps, officials said Tuesday.

But blame Bush!

Why?  Because Bush built a time machine, traveled into the future, screwed up the world and then returned to 2008.  So that even though Obama is well into his third year as president, he’s not actually responsible for anything.

I think of FDR and the poisonous toxic impact that fool had on our economy and our way of life.  FDR prolonged the devastating human suffering of the Great Depression by seven miserable years with his ruinous policies, according to studies by economists.  It would have been longer, but FDR – who was one of the worthless and weak leaders of the West who empowered Hitler to keep pushing until there was a world war – was able to get men out of the bread lines by sending them into machine gun fire.  Liberalism = death back then, and liberalism = death now.  The only thing that has changed is the name of the idiot in the Oval Office.

The mainstream media will continue to largely ignore what’s going on even as they blame anybody and anything but Obama for what the have to cover, because leftwing propaganda is what they do.

I hate to tell you this, but if you were stupid enough to vote for a community agitator as your president, you fully deserve to freeze to death while you starve to death.  It’s called winning the Darwin award, and under Fool-inChief Obama, America has hit the Darwin Award mega-lottery jackpot.