“Woe to the land whose king is a child and whose leaders are already drunk in the morning. Happy the land whose king is a nobleman, and whose leaders work hard before they feast and drink, and then only to strengthen themselves for the tasks ahead”. (Eccl 10: 16-17)


"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat


In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people. Source – The Declaration of Independence

Thursday, April 7, 2011

Gasoline sets yet another fresh 33 month high

The chart speaks for itself.

Consider that this reflects the cost of transportation for all goods and products to their final destination. Just imagine what Fed-Ex, UPS, DHL and the railroads and airlines are now dealing with....

The chart for heating oil (closest approximation to jet fuel) looks basically the same.

Don't worry though, the President just tells us to forget about all this and get rid of our vans and SUV's and drive one of those rubber-band driven, oversized go-karts.

1 comment:

  1. What about electric? That's what I drive. Will be soon producing my own power from solar panels on the roof.

    ReplyDelete