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Bailout (and Buildup) By THOMAS L. FRIEDMAN

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dtotire Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-22-08 07:33 AM
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Bailout (and Buildup) By THOMAS L. FRIEDMAN
Bailout (and Buildup)



By THOMAS L. FRIEDMAN

Published: October 21, 2008

The $2 gas is back. Last week, U.S. retail gasoline prices fell below $3 a gallon — to an average of $2.91 — the lowest level in almost a year. Why does this news leave me with mixed feelings?
Because in the middle of this wrenching economic crisis, with unemployment rising and 401(k)’s shrinking, it would be a real source of relief for many Americans to get a break at the pump.

Today’s declining gasoline prices act like a tax cut for consumers and can save $15 to $20 a tank-full for an S.U.V.-driving family, compared with when gasoline was $4.11 a gallon in July.

more:
http://www.nytimes.com/2008/10/22/opinion/22friedman.html?ref=opinion
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Political Heretic Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-22-08 07:42 AM
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1. Fuck Thomas Friedman
He can take his lexus and shove it up his ass using his olive tree.
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Alcibiades Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-22-08 07:54 AM
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2. Isn't he a billionaire?
And a fake "social liberal" who's in favor of every war?
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