Thursday, August 21, 2008


This is from a post I wrote back in June of this year (boldface added for today):

"P.S. The impact of fuel and other petrochemical products' costs are moving into areas that will start impacting the economy in direct and catastrophic fashion very soon.

All that federal pork in highway bills is going to look pretty silly when it comes time to pay for all the asphalt they've scheduled to place this year. The cost will be DOUBLE if not more than was budgeted.

Gas at $4.00 a gallon today in central Utah; possibly .30 higher in a week.

Watch the markets. It's going to be one of the three stooges (regarding Clinton's "suspension" of her campaign - I saw no stake; she's waiting for a stumble and will be on the floor in Denver, make no mistake about it)in November and the ONLY certainty is that the federal government is measuring corporations, the middle class, and investors for castration.

Now this from today's news:

"The Utah Department of Transportation (UDOT) says it has to pick and choose which road projects to work on because of shrinking funding. Other states are much worse off.

Regardless of gas prices, the gas tax hasn't changed since 1997. In that time, steel, asphalt and concrete costs have gone up 220 percent."

And more consequences of our insane energy non-policy:

"The Agriculture Department says people should brace themselves for the biggest increase in food prices in nearly 20 years, and even more pain next year."

The Junior Senator from New York appears to be going through the motions expected of a good party loyalist. Folks in the comments seem to think it may not all be about "unity".

And I'm OFF. See you on Monday. Have a fine weekend.

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