Showing posts with label prices. Show all posts
Showing posts with label prices. Show all posts

Friday, March 28, 2025

Federal Employees Play “DOGE” ball with Elon Musk's Cuts as President Trump Fulfils His Campaign Promises

As we close in on Trump’s first 100 days, he’s has cut through the Washington quagmire like General Sherman's march through Georgia. With Elon Musk leading the charge through “DOGE” (Department of Government Efficiency), over 200,000 federal employees in 18 agencies have had their employment come to an end, not to mention 75,000 who have accepted buyouts.

 That number includes 2,400 Veterans Administration employees, 1,700 workers from the consumer watchdog agency, Consumer Financial Protection Bureau,  2,000 from the Department of Energy, and 2000 from the Department of the Interior, including 800 from the Bureau of Land management.

The IRS has seen 6,000 employees terminated and 5,400 probationary workers from the Department of Defense with an estimated 70,000 who may be let go by the time it’s over. 700 workers at the Centers for Disease Control have fired along 388 employees from the Environmental Protection Agency.  

The Department of Homeland Security has seen a reduction of 400 individuals, of which half were from FEMA, the Federal Emergency Management Agency. The Small Business Administration has seen a reduction of 20% of its workforce.

 Lastly, 10,000 individuals from the U.S. Agency for International Development (USAID) have been placed on indefinite leave. The move is estimated to reduce government “bloat” and save billions in taxpayers dollars.

Meanwhile, some 530,000 immigrants have seen their temporary legal status revoked while some 27,000 illegal immigrants have been deported back to their country of origin as the Pentagon has announced the deployment of some 10,000 active duty and National Guard personnel to our southern border while so-called “sanctuary cities” are facing the possible loss of the  federal funding which keeps them afloat.

So, what do Americans think of the Trump-Musk blitz on the Status Quo? Are all the cuts and reductions justified or is this another example of government going too far? 48% of Americans surveyed by a Pew poll see illegal immigration as problem, so there’s presumably happy with President Trump’s handling of the problem.

As for the mass layoffs, 57% of those polled though the budget deficit was a serious issue, so the reduction in the federal work force would presumably be a good thing. While the layoffs have little or nothing to do with the corruption, 72% believe money in politics is problem. Perhaps Trump can take steps to reduce the control Wall Street has on Washington, such as overturing Citizens United, term limits, and honest to goodness campaign finance reform.

But for that to happen, we’d have to have a level of bipartisan cooperation that we haven’t seen in decades. The divisiveness in today’s politics borders on political turmoil or even a possible civil war. Maybe that’s why 56% of respondents are concerned about the failure of the two corporate owned parties to work together. 48% are worried about the failure of our political system itself and why not?

Afterall, given our “winner-take-all” system, the majority of voters have no representation. Only those whose side wins have any form of representation, while the losing side is out of luck, and when you consider that the largest percentage of voters are Independents, that means that no more than 28% or 29%  of voters (the respective size of the two parties by registration) can claim to have a voice in politics. Of course, when we consider that Washington serves Wall Street and gives Main Street lip service at best, a pretty good argument can be made that voters have little real representation at all.

One issue which has come to the forefront lately is the Trump-Musk duumvirate cutting social services like Welfare, food stamps, Social Security, and  Veteran’s benefits. Supposedly, these cuts will affect just the administrative staff of these agencies and have little impact on benefits. 47% of those polled said they were concerned about the financial solvency of the Social Security and Medicare while 67% are worried about the cost of healthcare.

Of course, cutting back the staff will certainly impact wait times. As anyone who’s applied for Social Security or Veteran benefits already knows, it can sometimes take weeks or months before they receive benefits, which can seem like an eternity when you’re needing the money.

Nevertheless, the reductions are designed to improved the financial stability of safety net programs like Medicare and Medicaid, so that they’ll be available for future generations. One change which will likely occur is changing the minimum age requirement to receive benefits to 70, which makes sense.  For instance, when Social Security was introduced by President Roosevelt in 1933, an applicant had to be at least 65 years of age. That was ten years beyond the average male life expectancy. Today the average life expectancy is 78 years old.

Another possible change is allowing individuals the option of allowing future recipients to invest a portion of their SSN payments themselves into something like an IRA account. Currently the federal government handles all that. Some people may prefer a more aggressive strategy. Of course, should their investments not live up to their expectations,  they could end up receiving a smaller social security check at an age when they need the money most and then what?

In a related area,  63% of those surveyed are concerned about the impact of inflation. It seems that every time we go out to eat or go to the grocery store, food prices have skyrocketed. From 2020 through 2024, food prices have jumped 24%. Egg prices are up 37.5%. thanks in large part to another round of Bird Flu. The average price for a dozen regular size eggs is $5.90. Drought and feed prices has resulted in a reduction of cattle for consumption to the lowest level in 70 years, resulting in 5% increase in the price of beef. Chicken has seen comparable increases in price.  

The price of coffee has increased 1.9%. Orange juice and other frozen juices have spiked 17.2%. The reason is primarily because of weather conditions. Brazil, which is responsible for 30% of our orange juice, has just face one of the worse harvest its had in decades thanks to flooding (due to hurricanes) in some regions and drought in others, as well as a citrus greening disease.  Analysts, reflecting the opinions of 41% of those polled, said climate change may be the culprit.  As a result, don’t expect to see prices go down anytime soon.

Rising prices and taxes coupled with stagnant or declining wages are fostering concerns about the poverty rate. 53% of those polled were worried about the declining middle class and the growing number of individuals slipping into poverty.  As of 2023, 11.5% or 37.9 million Americans were living at or below the national poverty level.

44% of those polled admitted being concerned about natural disasters, which are usually handled by FEMA.   Last year, in 2024, there were 27 weather or climate related disasters in the United States according to the National Centers for Environmental Information, with each exceeding $1 billion dollars in damage and a total of 588 deaths.

In 2024, there were 90 declared “major disasters” according to FEMA. That’s roughly a declared disaster every four days. 41% or 137 million individuals lived in an area affected by a natural disaster. Also in 2024, there was 64,897 wildfires reported. That’s up from 56,580 in 2023. 8,924,884 acres were destroyed compared to 2,693,910 acres in 2023.

California by far experienced the most damage, followed by Alaska, Mew Mexico, Texas, and Oregon (together, they accounted for 46% of all fires).  The cost in terms of private property and economic impact to the affected areas was between $ 250 and $275 billion dollars.

Aside from natural disasters, crime and violence is another area where America’s are concerned. 48% said they were worried about gun violence while 47% were the rise in violent crime. The District of Columbia, New Mexico, Louisiana, Mississippi, and Alabama had the highest number of gun related deaths.

The Department of Homeland Security reports that gang related violence is on the rise thanks to the expansion of ultra-violent gangs from South and Central America and the growth of the fentanyl market.

 Most of the violence is occurring in inner cities, which is sparking fear among city leaders that their city will turn into gang controlled “narco-cities”.  51% of respondents said the drug problem is our biggest concern. 50% said declining morals and values are a contributing factor.

Will Trump’s crusade help ease the concerns of Americans or will it backfire? According to an NBC News Poll conducted in March by the Hart Research Associates/Public Opinion Strategies, 46% of those surveyed thought DOGE was a good idea. 40% didn’t while 14% had no opinion. However, the numbers flipped when asked about Trump appointee, Elon Musk, who is leading DOGE. 51% disapproved the billionaire tech president. While just 39% actually approved.

However, in another poll conducted by Quinnipiac, 54% of their respondents said the DOGE was actually hurting the country. 60% disapproved of how DOGE dealt with federal employees while just 36% approved. The poll also indicated that 50% of those polled did not approved of how Trump handled the termination of the federal employees. 82% of Republicans thought Trump was doing a good job when it came to DOGE. 94% of Democrats disagreed.  

The polling results shouldn’t come as a great surprise. They go to show the extent of our divide. It’s also another case of “NIBY” or “Not in my back yard”. Many Americans appear to want to cut the size and scope of the federal government, but not if it adversely affects them.  

We’ve become too dependent on the government. It’s a sense of entitlement. We’ve come to expect it as normal. We want everything but we don’t want to pay for it. Unfortunately, life doesn’t work that way. There’s a cost to everything. President Trump campaigned on what large numbers of Americans said they wanted, and in keeping with his promises, he is acting on them. But, as the American People are coming to realize, the consequences of having often doesn't match the anticipation wanting.

 

Thank you for reading "Another Opinion", the Op/Ed blog page for the "militant middle".  Here at "A/O" we truly value our readers. At A/O we seek the facts as they exist, not partisan talking points.  We hope you find our articles informative and engaging. Comments are welcome, provided they are not vulgar, insulting or demeaning.  Another Opinion is offered without charge and is directed toward all independent and free-thinking individuals. We ask, however, that you "like" us on whatever platform you found us on in order to keep our articles available for free to others. Lastly, in order to keep costs down, we depend on passive marketing, and therefore, depend on our readers to please forward our posts along. Below you will find links to the sources we used in writing this article. Thank you. 

 

Americans Continue to View Several Economic Issues as TopNational Problems


Here are all the federal agencies where workers are beingfired


NCEI: Billion Dollar Weather and Climate Disasters  


As Trump Works to cut FEMA, data shows there was a major disaster every four days in 2024


National Poverty In America Awareness Month: January 2025


Food Prices are on the rise again. What’s behind theincrease


Trump’s early immigration enforcement record, by the numbers


Poll: Voters like the idea of DOGE, but Elon Musk and hisearly results raise red flags

 

Voters frustrated with Elon Musk ‘s DOGE cuts, new pollfinds


How the Trump Administration Could Leave Families Hungary: Potential Cuts to SNAP in 2025 and Beyond



Friday, October 18, 2024

Some Inconvenient Facts Behind Our Most Important Presidential Election Since Lincoln

We are just under a month away from perhaps the single most important presidential election since Abraham Lincoln vs. Stephen Douglas in 1860 with quite possibly a similar outcome. Of course, it's typical of marketing hyperbole to claim one election or another is more important than any other when, in truth, each election puts the future of our constitutional republic at stake (albeit in name only at this point), but in this case, the claim is not being overstated.

Vice President and Democrat nominee, Kamala Harris, has been speaking about the need to "move America forward" and to "restore the American Dream", which, I think, we can all agree, are worthy (albeit unrealistic) goals. Of course, the underlining message is that former President Donald Trump is somehow personally responsible for throwing the switch that put our "democracy" in peril . Lastly, Ms. Harris has promised a "opportunity economy" for all.

The problem, however, that Ms. Harris is overlooking is that her administration along with President Biden are the one's responsible for whatever track America is on, be it good or bad. After all, they've been in charge of the economy as well as domestic and foreign policy for the last four years. Anything Trump did, good or ill, has been of no real consequence since the Biden/Harris ticket won in 2020. 

So, any complaints or compliments is all theirs. For instance, the rate of inflation (which jumped by 3.24% shortly after Biden took office). It was a frightening 8% in 2022 before eventually settling to 2.4% in September falls squarely on their shoulders, not Trump's. Same goes for prices, from gas and groceries to appliances, cars or houses. 

Since February 2020 to now, overall prices have gone up 21.4%. According to the U.S. Bureau of Labor Statistics, that's far above the national average. According to another economic report, thanks to inflation, what you could buy for ten dollars in 2020 would now cost $11.31 in 2022.

That may not sound like much, but when you look at a the cost of a tank of gas, heating oil, or a week's worth groceries for a family of four, that's quite a hunk of change, forcing the average American to pay more with less purchasing power. 

For example, since 2020 the price of margarine, which nearly everyone uses in cooking, has increased 56.8%. Eggs have gone up 40.1%. Sugar and sugar substitutes have seen a 39.1% increase. Meats, depending on type and cut, have seen a increase of between 39.2% and 44.2%. Car insurance raced upward to 47.5% while vehicle repair (already high) went higher to 47.1%. Gasoline prices almost doubled from January 2020 to June 2024; a increase of 89.5%.   

On the other hand, the prices of Smartphones dropped by 53.9%. 22.4% for televisions. Computers and related items went down by 15.9%, while other electronic equipment (like video cameras, microphones, etc.) dropped in price by 14.1%.The costs of non-electronic toys were 7.1% less as of June 2024 compared to January 20202.

Finally, men's clothing (such as suits, coats and jackets, as well as pants and shirts) saw a decline in price of 6.3% (but apparently not where I shop!).  So, while prices on some items cost consumers less, prices on other items cost more, some significantly more. I suppose it's all a matter of perspective. 

What about housing? How much has the cost of keeping a roof over your head changed since 2020? According to a report ResiClub of the Case-Shiller National Home Price Index, since 2020 until present, the cost of homes rose 47.1%, which they said "easily outstripping the gains of recent decades". That apparently includes not just the Trump years, but the Obama and George W. Bush years as well.

Some of the reasons cited for the increase in housing prices are the lack of housing in general (remaining down 34.3% from pre-2020 availability), the upswing in mortgage rates and jump in the price of construction material.  As an aside, a related RedFin report said that house payments are up 11% over 2023 prices. The average house payment is now $2,775.00. I can certainly see what Ms. Harris means by a "opportunity economy". But then, these are numbers based on her and Biden's policies.

While we're speaking about housing, what about the homeless? In 2020, the number of reported homeless was about 580,466. By 2023 that number had jumped to 653,104, up 12%, the highest year-to-year increase and the second highest total since 2007. Of that, 324,854 were white. 243,624 were black.  According to the VA, there was homeless 35,574 veterans as of 2023, representing an increase of 7.4% over 2022. A single homeless veteran is one too many for the nation to tolerate.

The unemployment rate is at 3.7%, which is higher than expected due to the drop in individuals who are no longer self employed. If underemployed and dissatisfied and looking are factored in, that number nearly doubles to 6.7%.  Note too that unemployment rates don't include those who've given up on looking or serving in the military. The Bureau of Labor Statistics said as of August 2024, overall job growth was weaker than anticipated with 818,000 fewer jobs than in March as previously reported.

While much of the job openings were service industry or low income, work hours correspondingly decreased from the traditional 40 hour work week to a current 34.3 hours. Nevertheless, employees are still expected to do the same amount of work as they would in a traditional 40 work week.

In 2022, the most recent year data was available, over 12% of the nation was living at or below the poverty level. 13% were "food insecure", which is a polite way to say they didn't have enough to eat on a regular basis. School provided meals are commonly the only regular nutritional food kids get. Data also indicated that the figures were trending upward, so by 2024 that number is likely to be considerably higher.

Wages have generally done well since 2020, exceeding inflation by roughly 2% overall. In April 2020, wages dropped by 6% but then jumped to a record high of 15.40% by April 2021. In 2014, when Trump took office, wages had been trending upward. Starting in 2014, the average wage was $24.33. In 2016, it was $25.38. By the time Trump left office, the average hourly wage was $28.44. Under Biden, it had increased to $31.63 as of January 2022. By September the average hourly wage was $35.36%. Social Security, disability payments, and other compensation are all tied to the rate of inflation.

It should be noted that the once untouchable Social Security Trust Fund has been repeatedly raided by Congress to the tune of $17.5 billion dollars. The Social Security Administration predicts that the trust fund will be empty by the end of 2034. Starting in 2035, recipients will see a 23% reduction in benefits. 

Although wages have done well in keeping up with inflation, that can't be said of everyone as the percentage of those falling behind has been increasing dramatically. Since 2009, wage inequality become has a serious issue, leaving the U.S. with the dubious distinction of having the worse wage differences of any industrialized country in the world.

 In 2022, despite federal laws to the contrary, women between ages 25 to 34 still earned 92% as much as men of the same age. Between ages 35 and 54, that number drops to 83%.  Finally, those from 55 and over, it's 79%! For minorities it's worse. Is this the "progress" or "change" Kamala Harris is talking about?

How well do employees do compared to management? Not surprisingly, not very well. For several decades, the incomes of senior corporate officers have far outperformed that of their employees. Ironically, the margin of difference has increased when tracked against the decline in union membership.

In 2021, the median employee to CEO wage gap was 235%, meaning that for every dollar a worker earned, a CEO received $235 dollars. A year earlier,  it was slightly better with a 212:1 ration between CEO and employee. In 2023, that ratio was now 268:1 among S&P 500 Index companies. I guess it really is good to be king!

In 2021, the Top 1% saw their percentage of wealth continue to grow by 9.1% while the bottom 90% saw theirs decrease.  During the same period, the Top 0.1% saw an income growth of 18.5%. The bottom 90% had a drop in real (after tax) income of 0.2% in 2020 and 2021. By the way, the Top 0.1% is what comprises the ruling oligarchy with a individual power index of 882.9 compared to the bottom 90% which has a power index of 1%.

The bottom 90% also saw just 58.6% of all wages earned, the lowest on record (in 1979, it was 69.8%), demonstrating that over time, workers have been losing ground compared to the upper 20%. Those in the rarified air of the Top 1% took in 14.6% of all wages generated (by comparison, in 1979 it was 7.3%).

To put it another way, from 1980 through 2021, the bottom 90% of Americans saw an increase in wages of 28.7%. The upper 1% saw their wealth increase by 206.3% over the same period while the upper 0.1% (aka: the ruling oligarchy) saw their wealth grow by 465.1%. Feeling nauseated yet?

It bears mentioning that Vice President Harris allegedly said Hurricane Helene victims would be eligible for a $750 "loan" from FEMA which would have to be paid back with interest or face a seizure of their property. That's false. FEMA is offering victims up to a $750 dollars onetime payment for baby food, diapers and incidentals., but it's part of a larger relief package.

Another rumor is that illegal immigrants can receive over $2000 from the government. That's also not true. The federal government provides immigrants classified as "asylum seekers" (pending determination) with up to $459 monthly to help with the cost of food, transportation, and shelter for up to 12 months. Still, financially, doesn't it appears these "asylum seekers" are making out better than U.S. citizens in trouble?

Lastly, what about foreign aid? Under President Biden, the U.S. has sent $95 billion dollars overseas in the form of foreign aid. The majority of that money went to Africa, the Middle East (mainly Israel), Taiwan, and to Ukraine, which got the most at $60 billion dollars for weapons and other military aid.

Under President Trump, he attempted to get a 21% cut in foreign aid (including eliminating aid for 27 countries) with a requested foreign aid budget of $44.1 billion. However, Trump was overridden by Congress and much of his proposed cuts were restored. It should be noted that the Joint Chiefs of Staff and practically all of the major defense contractors publicly and privately urged Congress to reinstate Trump's military budget cuts, and why not? War is a very profitable business.

Biden has no such qualms. His continued support for arming Ukraine, Taiwan, NATO, and Israel (despite public hand smackings) assures all that the money will keep on rolling in. Besides, war or the appearance of war is a good thing. Besides, it helps to artificially simulates the economy.

The Defense Industry continues to build, spend and hire which in turn helps numerous peripheral businesses and that trickles out to the rest of the interconnected economy. It reduces the appearance of the unemployment numbers despite a reduction of jobs by enlisting individuals (many of whom are under or unemployed and whose numbers aren't included in employment statistics).  

This is the economic picture Kamala Harris and the mainstream media, in its subtle promotion of Ms. Harris, isn't telling you about. Instead, we're being offered generalities and distortions. While this blog is neither Democrat or Republican and strives to simply provide nonpartisan facts as it find them, it would appear that in the real world Biden/Harris, devoid of the script writers, teleprompters, and cheerleading, things aren't so rosy for the country.

Ms. Harris offers a campaign message of "progress", "opportunity", and "change" for a faltering economy and political state of affairs it helped create. It's like the lookout on the Titanic offering to take the wheel after it struck the iceberg.  Our "ship of state" is already bow down, badly listing and taking on water with its engines open full throttle. Not exactly the right strategy if you can't swim.   

This election is one of the rare occasions where we can look at Trump's past term in office and gage how he will perform if reelect. At the same time, we know what Harris has done and what four more years would like accomplish. Can Trump do better? Maybe. He's previously managed to hold his own while fighting the media, Congress, and the political/economic status quo. It certainly wouldn't hurt!  

 

Thank you for reading Another Opinion! We hope you enjoyed this article and will pass it along. Please don't forget to subscribe. It's free! Lastly, please "like" us on whatever platform you use to read anotheropinionblog.com. It helps beat the algorithms and keeps our articles in circulation. Please find below the links we consulted in researching this article. 

 

Eggs, gasoline and car insurance: Where inflation has hitAmericans hardest


US home prices have surged 47% since the start of 2020


Veteran homelessness increased by 7.4% in 2023


The number of homeless people in America grew in 2023 ashigh of living took its toll


Average Hourly Earnings of All Employees, Private


The Enduring Grip of the Gender Pay Gap


Inequality in annual earnings worsens in 2021


AFL-CIO Executive Paywatch


Comparing Biden and Trump's Immigration Policies in 12 Charts


Friday, December 30, 2022

A Retrospective of Another Opinion's Top Articles for 2022

Starting with our first article on Another Opinion, published back in 2005, we have done a year end review of our most popular top articles. It's an opportunity to review what was trending at the time and what you, our dear readers, was most interested in.  In keeping with that tradition, we will start with number five.

COVID has been with us for what seems an eternity, and with it Dr. Anthony Fauci, the CDC, and the never ending vaccines. Also tied to Dr. Fauci and COVID was whether was (or is) any relationship between the Chinese and the origin of the COVID virus, as well as its possible weaponization against the West. 

We also took a look at the profits being made off the vaccines by Pfizer, Moderna, and BioNTech which equated to a total of $93.5 million dollars every single day (or to put it in perspective, $65,000 every minute of every day). Lastly, we examined the possibility that these vaccines would morph into some kind of government control along the lines of new form of police state (no vaccination card no admission to grocery store or no job).

Our fourth article covered similar ground except the focus was on the obscene profits Big Pharma was making, not just on the COVID vaccines, but on ordinary prescriptions and healthcare in general. As we just covered in our most recent article, the U.S. healthcare system is ranked among the worst of all the developed nations in the world. We have the fewest available hospital beds, the highest medical costs, highest infant mortality rates, and lowest life expectancy of any industrialized nation.   

If that wasn't bad enough, nearly 2/3 of Congress (that's the House and Senate) gets money from Big Pharma. $7.1 million went to Republicans while Democrats received $6.6 million. Meanwhile, in 2021 Big Pharma spent an additional $263 million dollars to lobby Congress!  Also, because of cutbacks in government funding, Big Pharma now provides the Federal Drug Administration (FDA) with 75% of its drug review funding.

So what did they get for their money? How about no capping of drug prices, more control over what your physician prescribes, limiting the time your doctor gets to spend with you, and higher hospital bills for shorter stays. They also got more restrictions on converting higher cost "name brand" drugs into cheaper generic counterparts (under federal law, lower cost prescription medication has to be issued over the more expensive brand names unless there is a medical reason that would prevent a substitute).

Finally, Big Pharma has continued to step up its marketing of many drugs directly to public in order to encourage potential patients to request specific medication and boost sales. Big Pharma also expanded its all out offensive against holistic healthcare (common in Asia, Africa and Latin America).

This also includes preventative treatments and homeopathic healthcare which is an accepted practice in Europe and most of the world.  The outcome would be to make an already dependent and overmedicated population ever more dependent on what some call "controlled poisons" when discussing most prescriptions.

Our third most popular article was about Cancel Culture and the fight against freedom of expression and speech (among others).  Talk show host Joe Rogan made a comment on one of his podcast about disapproving of Biden's call for mandatory mask usage and requiring everyone to get COVID vaccines. It was just his personal opinion. Well that started a "firestorm" of protests from the Left. Apparently Rogan's comments weren't "politically correct". 

The Cancel Culture tries its level best to shame, bully, or intimidate anyone who says or does something which happens to offend them that day. Unfortunately they've been somewhat successful, causing individuals, groups, or even occasionally a corporation to back off. A few have even hired "consultants" to help them make sure that they're content is "PC"!

Nevertheless, the ultimate result has been to make individuals and others hesitant about what they say or do out of fear of backlash. It has caused people to measure everything they say or do. Libraries and bookstores have stopped carrying certain books or carry sanitized version of them. Same goes for movies.

Some TV stations will air censored version of movies or not broadcast older movies because of how some groups were portrayed or because all the actors were white; there were no individuals "of color". No so-called "diversity". But, at the same time, certain radio stations will play songs which encourages rape, violence, murder (especially of police officers) and just about every other depravity you can imagine and call it creative "entertainment" or racial expression. Heck, they even give out awards for this garbage!

It's reminiscent of Nazi Germany, Stalinist Russia or China's "Culture Revolution" in 1966 under Mao Zedong. Whatever the state or party disapproved of was deemed as not socially acceptable (ie: not "politically correct"). As a result, certain books and movies were forbidden or destroyed while radio stations and newspapers were ransacked or shut down with thousands beaten, jailed, or murdered.  

Businesses were boycotted and many were fired from their jobs for holding "contrary" ideological positions. Some individuals were labeled "social misfits" or a threat to the state and sent to "reeducation camps" (a euphemism used for concentration camps). The horror of Kristallnacht (or "Night of Broken Glass") was borne out of this mentality. 

There are lots of things I don't like, disagree with, or disapprove of, be it movies, books, music, or media content. However, in a truly free society, each of us have the right to freedom of speech and expression. If I have an issue with it, I simply walk away, turn the channel, or don't buy what they're selling. It's me exercising my freedom of association and using the power of the marketplace.

Our second most popular article for 2022 was the ongoing war between Russia and Ukraine. Our focus was on why President Putin invaded his southern neighbor. There's been a long history between Russia and Ukraine dating back to the Kievan Rus in 832, but that didn't spark the invasion.

Following the end of WWII, Soviet Russia created a buffer state composed of Eastern European nations it had liberated from the Nazis and pro-Nazis. It was Stalin's intention that Russia would never again be threatened by the West (Sweden's King Charles XII in 1707, Napoleon had invaded in 1812 and Hitler in 1941). However, with the USSR's implosion starting in 1989, these states were left to their destinies.

In 1990 then President Mikhail Gorbachev was assured by U.S. Secretary of State James Baker that NATO would "not advance one inch eastward", and yet by the end of the 20th Century, all of them belonged to NATO. This meant the Russia faced NATO tanks, troops, ships, and missiles all along its western frontier. The one exception was Ukraine, which at the time included the valuable Crimea with Russia's second largest military and naval bases at Sevastopol on the Black Sea.  It also had something else. Vast oil and gas resources.

The United States and some EU countries helped orchestrate a coup to remove President Petro Poroshenko and his pro-Moscow government with pro-Western Volodymyr Zelenskyy (to help "spread democracy" no doubt).  Some claim that in exchange for Western support a deal was made for access to the oil and gas rich Black Sea.

Almost immediately Zelenskyy began saber rattling about full membership in NATO, which, if granted, would completely surround Russia on the west and put Sevastopol not only in danger, but would threaten Russia's access to the Mediterranean Sea.  Putin continued to warn Ukraine, the West, and the United States that NATO in Ukraine would not be tolerated.

When it became apparent that NATO would approve Ukraine's application for full admission, Russia moved to secure the Crimea and protect its military installations, as well as its control of its oil and gas reserves. When that failed to make Ukraine back off, Russia launched its invasion of Ukraine on February 24, 2022. Since then, the world has turned against Putin (with one lone exception, the Belarus).

Meanwhile, despite a full court press, Russian troops have failed to fully subjacent Ukraine which has militarily exhausted the former Super Power. As a result, Russian troops have focused on securing the pro-Russian Donbas provinces in Eastern Ukraine.  How this war will turn out is anybody's guess.

Some are predicting an eventual chemical, biological, or tactical nuclear strike, which seems unlikely. Others suggest a coup against Putin, which is possibility. There have been massive protests throughout Russia and a growing unrest among senior officers in the Russian military while in Ukraine, thanks to Western media and U.S. public relations and marketing firms, Zelenskyy has achieved near mythic status. Meanwhile, Western (mostly U.S.) energy companies are keeping a close eye on events.

Finally, our most viewed article for 2022 was, in part, about the sudden and dramatic rise in food and gas prices, but at its core it was about the growing power of the Corporatocracy and ruling Oligarchy which has seized control of America.

We pointed out how just five corporations control over 95% of everything you read, watch, or hear. It even controls your entertainment, from music and movies to video games. We discussed how four companies control practically everything (65%) we buy at the store, from clothes and electronics to food. 

We told you that four corporations own 85% of all meat processed in America while three controlled 66% of all pork.  just 15 cent of every dollar spent went to the farmer (most food production, however, comes from giant corporate farms owned by mega corporations, which are heavily subsided by the government.  When it comes to fertilizers, 65.8% of the market is owned by four companies.

Take a look at technology. Only five companies own 80% of the market. When it comes to energy---oil and gas mainly---a relatively small group runs it all, while suppressing alternative energy sources such as wind and solar.  Meanwhile, there's only about 30 companies which totally dominate the our financial markets.  Globally, they are about a dozen. Most of them are Chinese owned.

These companies are part of (indeed the core of) the global Corporatocracy which runs the world. They certainly run the government of the United States. It's senior board members are part of ruling oligarchy (or as some prefer, kleptocracy) that call the shots in Congress, the White House, and the Judicial system. Their lobbyists write our laws that we are told to obey.  It has nothing to do with "socialism" or "communism", although those names are bandied about to make us fear them. Why? Because they fear the people---us.

We've provided a link to these articles below so you can re-read them or perhaps read them for the first time in the same order as above.  We hope you found these, as well as our others articles informative and useful. Ever since our first article was published in July of 2005, we've tried our best to provide you, our dear readers, with accurate non-partisan information. No slant. Just facts. We even include links to our sources in case you want to delve deeper.

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If you want to know more about this article's topic, please check out the links below. If you enjoyed the article, please consider passing it along to others and don't forget to subscribe. It's free! Lastly please be sure to "like" us on whatever platform you use to read anotheropinionblog.com. It helps with the algorithms and keeps our articles in circulation. Thank you! 

 

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Saturday, November 26, 2022

Thanksgiving: Being Grateful For What We've Had as Americans

 If we look at the present rate of inflation, it was running about 7.7% as of October. It looks like inflation it will be 8.3% for the year, which is a 40 year high. Your general utilities will be just about 17.9% more than it was last year. Food is up 10.9% over last year.

The cost of gas and diesel fuel has been on the rise as we all know. The average increase has been around 6.3%.  We saw a drop in prices toward the end of the election cycle when President Biden freed up some oil and gas from our national reserves. The point of course was to make voters forget, at least temporarily, all the pain they were paying at the pump.

Interest rates on everything from bank loans to credit cards are on the rise. When interest rates start to rise, so does inflation and visa versa. This is because to there is less money in circulation, so the "price" of money, which is based on its availability, goes up. Interest is the price we pay to "rent" the use of money.  

The control of money (and interest rates) is controlled by the Federal Reserve. In order to slow the economy, the Fed increases interest rate, which slows borrowing in order to reduce inflation. By the same token, if the economy slows too much, the Fed lowers the rate of interest in order to encourage more borrowing and thereby stimulate the economy. In general, the Fed likes to keep the overall inflation rate around 2%.

When it comes to stocks and bonds, they tend to operate inversely. As stock prices rise, bond prices drop. When stock prices drop, bond prices tend to rise.  For instance, the interest rate of "I" Series U.S. Treasury Bond are expected to starting dropping from a current rate of 9.62% to an anticipated 6.47% as inflation rises.

The average American spends about 33% of their net income on mortgage or rent payments. With that in mind, real estate prices have risen approximately 17% over last year. The median price of an average home in the United States was $428,700 in the first quarter of 2022. If we go back to 2020, it was $329,000, which is a 30% increase in price. Availability is one determining factor.

If we compare by state, the average cost of a home in Hawaii was $1,038,544 in July 2022. That same home would cost $164,132 in Mississippi. Like California? Get ready to pony up around $816,804 (some parts of California such as San Francisco are actually considered too expensive for some people to move to). Maybe you'd like a little more open spaces instead.

In Montana and North Dakota the average price of a home will set you back $449,723  and  $282,461 respectively.  Not remote enough? Try Alaska. The average price of a home is $337,373.  Of course, you could consider Kentucky or West Virginia where they say weddings are more like family reunions. An average priced home will cost you around  $197,644  and $137,286. 

Any way you slice it, the home prices are forcing more Americans to consider renting. But even that is becoming beyond some people's reach. A single bedroom apartment nationally  rents for an average of $1,326.00 a month (typically with utilities included). A single family house typically rents for $2,018.00 plus utilities.  Of course, as with homes, location is everything.

As with houses, Hawaii has the highest apartment rental prices, followed by California. The average one room apartment goes for $2,399.00 a month in Hawaii and $1,844.00 in California. Washington DC is high when it comes to either buying or renting. The average apartment rents for $1,770.00. Meanwhile, you can rent a nice single bedroom apartment in Kentucky for roughly $920.00 or $905.00 in Iowa.

But, as with everything else, the price of rent is expected to keep rising. Nationally, the U.S. is short between some 2 and 5 million units meaning there's more demand than supply, which drives up prices. Meanwhile, with inflation increasing along with interest rates, the cost to "rent" money to build more units has gone up too. That makes it more expensive to build more units and those higher cost are passed along to the consumer.

Perhaps the most important component here is wages. The average worker receives a wage increase of approximately 3.5 to 5.5% annually. Social Security and other government income recipients receive a annual cost of living increase (called "Cost of Living Adjustments" or "COLAs") of 8.7% at the beginning of the year.   

However, when confronted with the current inflation rate, most individuals go in the hole by the time you add  in all the increases in utilities, fees, credit card interest rates, gas, food, taxes (particularly property and schools taxes), clothes, and so forth. Perhaps if it was just one or two of these, most people could cope, but it's not. It's the commutative effect.    

Meanwhile, the cost of benefits, on which employees depend, continue to increase. Over the last five years, the cost of basic benefits have risen between 5% and 7%, forcing employers to reduce what they offer or requiring employees to pick up more of the tab.

Some small businesses have had no other choice but to drop benefit packages altogether, which forces some employee to seek employment elsewhere (and we all know finding qualified workers has always been tough, but finding individuals willing to work has been next to impossible since COVID). 

As a result, a lot of smaller "mom and pop" shops have vanished. Bear in mind too that few small businesses receive taxpayer based corporate bailouts. Those seem to be reserved for Wall Street. Let's take a more detailed look at wages since that effects pretty much everything else.

Not surprisingly, wages have failed to keep up with the rate of inflation. In terms of real dollars (dollars adjusted for the rate of inflation), our purchasing power is at a 66 year low. To put it another way, the current minimum wage buys the same as what 75 cents did in 1956.  Individuals on the low level of the pay scale, which includes most entry level jobs, simply can't make it.

A  survey by Bankrate said 55% of those surveyed said their wages weren't keeping up with prices. That includes workers who receive regular salary increases annually and the 39% of employees who do not.

 To add salt to the wound, CEOs and senior executives earn an average of just over $21 million dollars a year. This is more than 400 times the salary of an average employee which is about $51,000 a year. The difference was 20% in 1963. From 1978 to 2020, the salaries of U.S. CEOs increased by over 1,322% while the average employee saw an increase in pay of just 18% for the same period.  

The top three companies with the greatest executive/employee wage inequality are Nike, Walmart, and Amazon. The three companies with the lowest executive/employee wage inequality are Alphabet (the parent of Google), Walt Disney, and Berkshire Hathaway.

To put it another way, an employee at Nike would have to work just under 30 hours to equal one minute of their CEO's salary. It's 20.7 hours at Amazon and 14 hours at JP Morgan Chase Bank. At Starbucks it's 10.7 hours of serving their overpriced coffee to equal one minutes of CEO Kevin Johnson's salary. At Blackrock, which is arguably the world's most influential company, an typical employee has to work 6.2 hours to earn the same amount that their CEO, Larry Fink, earns in 60 seconds.

Income inequality is at its highest level in over 50 years according to the U.S. Census Bureau. The widest pay gaps are in California, Florida, New York, Connecticut, Louisiana. However, Texas, Kansas, Nebraska, New Mexico, New Hampshire, Virginia, and Arkansas aren't far behind.

The Census Bureau also shows (perhaps not surprisingly) that the percentage of poverty in the U.S. was 12.8% in 2021, which is among the highest of any developed nation. That's about 38 million people. In fact, of the top 25 industrial nations in the world, the U.S. ranks dead last.

In 2021, the percentage of child poverty (those under 18 years of age) was 16.9%. For those over age 65, it was 10.3%. In Kentucky, the central South, New Mexico, and Washington DC,  the child poverty rate was over 22%. It was lowest in Utah, North Dakota, Montana, Vermont, and New Hampshire.

For seniors, Washington DC, Louisiana, and Mississippi the poverty rate was 13% or higher. In 12 states, including Kentucky, Nevada, and South Dakota, the poverty rate was between 11% and 12.9%. In the majority of the country it was 8.8% to 9.9% while in four states it was under 8%.  

According to a number of reports, around a half a million Americans are homeless at any given time. About 70% are individuals while the rest are families. 11% of the homeless are military veterans. The rise of inflation and prices in general will likely add to these numbers.

Inflation, increasing home prices, the cost of gas, food, utilities, income inequality, homelessness, and, of course, rising taxes, are symptoms of a failing political and economic system along. There is no questioning our social, economic, and political divide.

 History has shown that radical change tends to come from the bottom up. This is especially true if a middle class supports the bottom tier. In America, our middle class has gone from 61% of the population in 1971 to 50% in 2020 while the percentage of low income has grown from 25% to 29%. Globally the middle class has shrunk by 150 million since 2017. India lost 32% of its middle class while Asia lost 25%.

Along with industrial output, the quality of education and medical care, and other key measurements, the United States is showing all the signs of a irreversible decline. China is now the world's leader in manufacturing. In terms of technology and its innovation, the U.S. ranks number one, but China, Japan, and South Korea are pretty close behind. Germany and Israel are closing in too.

Academically, we rank in the middle of the second tier in science. In reading, we're in the lower half of the second tier, while in mathematics we're just above the third tier.  Overall, we're 17th in the world academically with Asian, Scandinavian, and Europeans dominating the top slots.   

When it comes to healthcare, we spend more money than any other developed nation, and yet, we have among the highest infant mortality rates, the lowest life expectancy, and the fewest number of available beds. Among the top 11 highest income nations, the U.S. healthcare system ranks dead last.

Some predict America will become a second tier economy with a top tier military presence akn to other historic empires like Rome, the Ottomans, and Great Britain.  Others think it will a much harder landing resulting in a broken and fragmented nation.  Certainly the foundations are in place thanks to unchecked illegal immigration and a multiculturalism which discourages integration. Anyway you look at it, you better buckle your seatbelts.  

 

 If you want to know more, please take a look at the links below. If you enjoyed the article, please consider passing it along to others and don't forget to subscribe. It's free! Lastly please be sure to "like" us on whatever platform you use to read AnotherOpinion.com. It helps with the algorithms and keeps our articles in circulation. Thank you!   

 

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Saturday, June 18, 2022

The War On The American Consumer: Rising Gas Prices Are Just The Start

 

When I was growing up in the 1960's, we had something called "gas wars" where service stations, often located across the street from one another, would engage in price war to attract customers, even if it was just by a penny, to see who could go the lowest. That ended with OPEC's oil embargo in 1975.

Today, we're engaged in another "gas war", but  this time it's energy giants who've partnered up with government versus us---the American consumer.  If you've bought gas recently you've no doubt been stunned by the prices. People drive dozens of miles just to try and save a few pennies on the gallon.

 According to a recent survey of gas stations, one in five are now charging a minimum of $5.00 a gallon for regular and could reach $7.00 by the end of Summer in spots. Premium is going for as much as $10.00 a gallon and may reach $12.00 or higher in some places. By the way, gas prices have increased 63% increase thus far over last year (and yes, Donald Trump was still president then).

If we listen to the politicians, especially those like President Biden or Nancy Pelosi, they want to lay the blame at the feet of Russian President Putin or on China's expansionist foreign policy. A few blame the volatile stock market, while others say it's our strained energy grid, Covid, or supply chain. Some want to blame the domestic policies of President Trump or even on consumers! Anybody but them.

But what's the truth? Who's fault is it that we're paying $5.00 dollars or more for a gallon of gas? Who is responsible for the war on the American consumer? After some extensive research, I may have the answer, or rather, the answers.  A lot of other analysts happen to agree as well. Something as complex as energy production, a slumping economy, and rising prices aren't likely to have a single cause. As an aside, while I've numbered the primary causes, they are ranked in no particular order.

1. The war in Ukraine. Some analysts claim the central reason for the dramatic rise of gas prices is the war in Ukraine by Russia. Russia is a huge supplier of oil and gas, especially to Europe which receives around 40% to 60% of its supply from Russia. The countries of Estonia, Finland, Slovakia, Lithuania and Poland get 75%+ of their energy needs from Russia.  

Germany, Europe's economic engine and the world's fourth largest economy, gets as much as 70% of its oil and gas from Russia. China, the second largest economy gets about 20% (China is expected to surpass the U.S. economy within the next ten years, if not sooner). Even the U.S. gets about 8% from Russia. Europe gets 45% of its natural gas from Russian fields in West Siberia.

Ironically, every NATO member, whose job is to defend Europe against Russia are actually dependent on Russian exports. Turkey gets 45% of its oil and gas from Russia---17% of its oil and 40% of its gas.

Much of Russia's petroleum supply comes from Siberia, which has been more accessible thanks to a warming climate and melting permafrost, and increasingly from the Russian Arctic.  Russia is also accessing oil and gas from the Crimea with its vast reserve in the Black and Azov seas.

Nevertheless, Russia's invasion of Ukraine in February of 2022 has caused a disruption of not just oil and gas production, thanks primary to U.S. lead sanctions and not the war itself. Europe has adopted a partial ban on Russian oil and gas as well as shipping insurance on oil imports.  Whereas Russia is Europe's chief supplier, Europe is now more reliant on the United States, Middle East, and West Africa than ever (Turkey previously announced that it would not honor any sanctions and would continue to import Russian oil and gas). That additional demand has triggered an increase in price.

2. Covid and the Quarantine/Breakdown of the Supply System. Covid, which made its appearance in 2019, has had a devastating affect on the world's economy by bringing production to a near standstill. Shipments already in route were left severely backlogged.  However, with the ease of restrictions, ports and warehouses reopened to 30%+ more traffic but with 28% fewer workers. It's chaos.

 In what has become known as "The Great Resignation", millions have refused to go back to work for a variety of reason ranging from refusal to get the mandatory vaccine to low wages and mistreatment by management.  Many prefer the flex-hours and working from home.

In addition, because of uneven policies applied by the U.S. government, small businesses were forced to shutter during the pandemic while large mega-stores were allowed to remain open. The result has been the permanent closure of thousands of "mom and pop" businesses, which have traditionally been the backbone of our economy.

Although most Covid restrictions have been dropped, millions of jobs remain empty. There are currently 11.4 million job openings. Shelves are still empty, and shortages are still commonplace. Many businesses have reduced hours, close early, raised wages and prices (which are picked up by the consumer), and even offered same day pay as an enticement.  

To make matters worse, the supply chain is dependent on over-the-road truck drivers, many of whom are independent. However, the cost of owning one's own rig has skyrocketed; everything from the cost of insurance to the cost of diesel fuel, which has gone from an average of $2.39 a gallon in May 2020 to $5.57 in May 2022 (which increased $2.00 since the first of the year). In addition, shippers try to get by with paying less per diem or less per load and faster turnarounds, making it tougher to make a living.  

AAA has reported that this summer 81% of those surveyed plan to travel this summer. 18% by air and 39.2% by car (this was before the price increases). This would add to the demand for gas, which will again drive up prices, especially around the usual tourist destinations.

According to the U.S. Department of Transportation's Bureau of Transportation Statistics, the cost of jet fuel has jumped in price, marking an eight year high already this year.  This affects everything from the price of a ticket to the cost of shipping a package. That doesn't include a shortage of pilots or mechanics.

3. The Cancellation of the Keystone Pipeline.  You hear politicians make promises all the time about what they're going to do on their first day in office. Well, Joe Biden was one of the very few to live up to his promise, which was to cancel the Keystone Pipeline Project.

Simultaneously, he sent a message to "whomever it concerns"--- there will be no new pipelines anywhere.  Biden has also stopped the sale of leases to permit drilling on federal lands or allowing any new offshore drilling (and yes, that includes Alaska and Texas).

Biden recently quipped on the late night show "Jimmy Kimmel Live" (June 8, 2022), that oil producers are refusing to increase demand. That's a lie, even by political standards. Biden's energy plan is very simple. It's to force American's away from fossil fuels no matter the cost we have to bear. By reducing supply, he is by default triggering a rise in the price of gas and oil.

4. Breaking Our Fossil Fuel Habit. House Democrats have also made it clear that they will prohibit bank loans to any new or expansion of fossil fuels production. Biden's plan is to force American's away from fossil fuels by making it more expensive for Americans to drive unless, of course, they are willing to switch to all electric/battery or hybrid vehicles.  For most Americans, that means taking out a loan and going deeper into debt, which the majority of Americans can't afford to do (or simply unable to do).

Biden's Secretary of the Interior, Debbie Haaland, still insists that gas prices aren't high (perhaps she means by what they're going to be by the end of the year). Electric cars (aka "EV" for electric vehicles) get about 200 miles to the charge and much less during cold weather according to Consumer Reports, who also point out that charging stations are still rather rare (about 10,000 nationwide compared to about 145,000 gas stations), 1/4 aren't working at any given time.

As an aside, this 200 miles per charge is not "city" driving and it's about half the distance of the average gas consuming car, meaning we get half the mileage. While currently many of these recharging stations are free, it's anticipated that most, if not all, will carry some sort of fee as more come online. The FTC has stated that the rising prices are the result of decreasing supply and little else.

Additionally, in order to produce these "electric stations" which electric cars needs, there has to be an increase in coal and other fossil fuel production, which has to be converted into electricity. So, please tell me how that benefits the environment? How does that reduce our consumption of oil, coal, and natural gas? Finally, these same utility companies which are making billions in profits are the ones all set to cash in on this supposed transition of our energy consumption.

5. Good Old Fashion Greed. Despite the war in the Ukraine, inflation, Covid and quarantine, a broken supply system, a reduction in oil and gas production, energy companies are raking in the profits thank you very much. Chevron has seen a $6.3 million profit in the last quarter and is up $1.4 billion dollars over last year. Dutch Shell reaped a $9 billion profit while BP racked up $6.2 billion so far. Exxon Mobil reported a profit of $5.48 billion, which is double over last year.

Oil companies are seeing profits that they haven't seen in over a decade. Various public watchdog groups such as Public Citizen and BailoutWatch, has documented $56 billion in new buyback authorizations since last October as compared to a "mere" $11 billion for the previous nine month period. In fact, the top energy producers made $100 billion dollars just in the first quarter of 2022.

Meanwhile heating oil and gas, along with utilities are expected to skyrocket; all of which driving up inflation (heating oil is expected to double in price over last year) Utilities will increase between 8% and 23% over 2021 (Kentucky is expected to see a 14% increase while Indiana will see a 9% increase for instance). How does that make you feel? Good?

6. The Blind Shuffle. The "blind shuffle" was a old carnie dice game using a single dice which got its start back in the days of Vaudeville. Without going into details, it operated similar to the old shell game but involved a single dice. No matter what dice you picked, you lost. That's what's happening to the American Public. We're being played. No matter who we elect, we lose.

Biden is genuinely unconcerned with the growing inflation and paying more for less. He's equally oblivious to rising gas prices. His aim is forcing Americans into deeper debt by buying electric cars (while the ruling elite go about their business in gas guzzling and polluting  private airplanes, and big limos).

Why should Biden and the ruling Oligarchy be concerned?  He uses Trump, Republicans, climate change, Covid, the quarantine and the ruptured supply chain as excuses that the media sprinkles about like glitter. Meanwhile, the oil and gas companies are making obscene profits, along with the ruling class, which includes Congress and Wall Street, who are rolling in it too.

7. Conclusion (or the "Let Them Eat Cake" Scenario). I'm sure anyone who ever took a European History class knows the story of Marie Antoinette, the Queen of France.  For those in need of a quick refresher, the year was 1793. The peasants throughout France were revolting thanks to poverty, rising prices, unfair laws, the lack of decent food, no jobs, and substandard housing.

Marie Antoinette, like the elites of her time (including clergy) were totally oblivious to the plight of the peasants.  When asked what the peasants should do, she said "Let them eat cake" (actually it was "brioche", a expensive sweet roll), which she thought was still available and affordable. It wasn't.

That remark, which led to her beheading along with her hubby, King Louis XVI, and most of the elites, seemed to sum up the revolution. Ever since it has served as indicator of the elite's insolence and haughty distain towards the working class. Sometimes, it's not so good to be king...or queen.

The rising gas and oil prices are by design. It's being engineered. President Biden has all but said as much. The same for inflation. Biden is trying to force the American People off of fossil fuel, and at the same time, further into debt by purchasing electric cars (the average American family is  already in debt to the tune of around $155,500).  Who benefits?

The oil and gas companies, who are already making billions in profits, will make even more since they're responsible for producing the electricity needed to "fuel" the charging stations which they'll supply and/or own, which means more coal and fuel. Auto manufacturers like Elon Musk's "Tesla" benefit. Electric cars are expected to be at least a $350 billion dollar business (of the top 30 EV producers, half are headquartered in California, followed by Massachusetts, Colorado, and New York). The banks benefit thanks to low interest government loans and increased consumer debt. Who loses? You do. So do I.

Those unable to afford an electric car will either have to pay sickeningly high gas prices, curtail travel, or depend on public transportation, which you can bet will be all electric. Meanwhile, utility rates will skyrocket, forcing Americans onto "managed use" plans. "What's that?" you ask. Those are monitoring devices which are attached to your meter. They regulate and control your usage of electricity.

Expect the same thing will happen to water usage (did you know that in some locations, it's illegal to own a rain barrel? Yelp. It affects what they can charge for "runoff fees"). It's also illegal in some places to use a well for drinking purposes or have a septic tank? The water company doesn't make money.

In addition, you'll be responsible for them extending the appropriate lines to your property plus paying a connection fee!  As for solar and wind panels, while they generally work, don't look for earning an "buyback" fees from the utility companies. That's all a thing of the past.  This is how we get permanently trapped in the Corporatocracy's web, whether we like it or not. Welcome to the machine.

If you want to know more, please take a look at the links below. If you enjoyed the article, please consider passing it along to others and don't forget to subscribe. It's free! Lastly please be sure to "like" us on whatever platform you use to read A/O. It helps with the algorithms and keeps our articles in circulation. Thank you!  

 

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