Results 1 to 5 of 5
  1. #1 US inflation soars at 26-year high on energy prices 
    Banned
    Join Date
    May 2005
    Location
    Hartford, CT USA
    Posts
    2,024
    Don't worry! Be happy! It was worse under Jimmah Carter. Anyway, none of it's true, it's all the liberal media trying to win the election for Barack.

    US inflation soars at 26-year high on energy prices

    Soaring energy costs drove US consumer prices up 1.1 percent in June to an annual pace of 5.0 percent, data showed Wednesday, prompting a central bank warning and rising stagflation concerns.

    The monthly advance in the Labor Department's consumer price index (CPI) was the sharpest since June 1982, while a 0.3 percent rise in core CPI excluding energy and food was the strongest since January.

    The surprisingly stiff momentum in consumer prices exceeded analysts' consensus forecasts of a gain of 0.7 percent in headline inflation and a 0.2 percent rise in core inflation.

    In May, headline inflation was up 0.6 percent from April and the core rate increased 0.2 percent.

    On a 12-month basis, CPI was up 5.0 percent in June, the hottest annual inflation level since May 1991. Core CPI was 2.4 percent higher than in June 2007, the strongest rate since March

    More...
    No need to panic, everyone. Georgie workin' hard on the problem.
    Reply With Quote  
     

  2. #2  
    Senior Member LogansPapa's Avatar
    Join Date
    May 2008
    Location
    Surf City, USA
    Posts
    3,782
    Wonder if Ws definition of "families going through a tough time" is going to change when they have to chose between heat, food, or gasoline for their Christmas gifts. He wont really be able to be justifiably pissed-off when Chavez comes to the rescue again in Brooklyn.
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
    Reply With Quote  
     

  3. #3  
    Senior Member Molon Labe's Avatar
    Join Date
    Jun 2008
    Location
    Jihad Me At Hello
    Posts
    4,771
    Quote Originally Posted by LogansPapa View Post
    Wonder if Ws definition of "families going through a tough time" is going to change when they have to chose between heat, food, or gasoline for their Christmas gifts. He wont really be able to be justifiably pissed-off when Chavez comes to the rescue again in Brooklyn.
    I'm surprised he even went that far to suggest "tough times".
    He has no clue.
    Gun Control: The theory that a woman found dead in an alley, raped and strangled with her panty hose, is somehow morally superior to a woman explaining to police how her attacker got that fatal bullet wound - Unknown


    The problem is Empty People, Not Loaded Guns - Linda Schrock Taylor
    Reply With Quote  
     

  4. #4  
    Banned
    Join Date
    May 2005
    Location
    Hartford, CT USA
    Posts
    2,024
    Quote Originally Posted by Molon Labe View Post
    I'm surprised he even went that far to suggest "tough times".
    He has no clue.


    George is on the job!


    And, after all, things aren't as bad as they were under Jimmah Carter.
    Last edited by Cold Warrior; 07-16-2008 at 01:22 PM.
    Reply With Quote  
     

  5. #5  
    Senior Member LogansPapa's Avatar
    Join Date
    May 2008
    Location
    Surf City, USA
    Posts
    3,782
    Quote Originally Posted by Molon Labe View Post
    He has no clue.
    But again - not his fault. Hes just a young kid that got left at the bus station by his handlers, once he became of little or no use to them.
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •