Sung to the tune of “Are you ready for some football?”
Are you ready for the VAT tax?
Tag: economy
Inflation
Another Trillion
Recovery Website
Hey Folks, in case you’re interested in the government’s massive bailout, there’s a website available. Here’s a quote from Recovery.gov:
Recovery.gov is a website that lets you, the taxpayer, figure out where the money from the American Recovery and Reinvestment Act is going. There are going to be a few different ways to search for information. The money is being distributed by Federal agencies, and soon you’ll be able to see where it’s going — to which states, to which congressional districts, even to which Federal contractors. As soon as we are able to, we’ll display that information visually in maps, charts, and graphics.
There’s even a link to the actual bill that President Obama signed today.
Ok, time for some reading.
Gas Just Keeps Going Up
When oil prices are going down (around $34 a barrel Friday) how come gas prices keep going up ($.35 since Jan 1)? Turns out that the $34 per barrel is for West Texas crude and they’re not making much gas from it. Instead, we’re getting gas from inferior oil imported from Canada, Venezuela, Saudi Arabia, and others. That oil is much more expensive, about $7 more per barrel not counting transportation cast, than West Texas crude. Why are we using foreign oil instead of West Texas crude? We don’t have pipelines in place to transport the oil out of the Southwest.
Is there any money in the massive bailout bill to build pipelines?