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Price of gasoline drops! According to the federal government, anyway.

by Viking <noway@[EMAIL PROTECTED] > May 14, 2008 at 11:53 AM

The price of gas just dropped 0.2% in April, according to the Bureau
of Labor Statistics (the people who do the Cost of Living Index). 

And as a result, inflation over the last 12 months, including energy
and food prices, has dropped from 4.4% to 3.9%.

What revolting garbage! Inflation at 3.9%??? It's obviously running at
more than 10%. Gas prices here are up 74% since last year. Groceries
are up 37% from what they were a year ago, by our personal estimates. 

Why does the media buy these Orwellian figures and simply re****t them?
Inflation 3.9%?? Gas price drops 0.2% last month?? 

What???

Why is there no independent effort in the media to find out what these
numbers really are? Anyone know of such efforts? I've seen a couple of
economic newsletters that said inflation is running at more than 10%,
but nothing in the mainstream press.

Only thing I've seen on these absurd figurres so far is this (from
http://www.usatoday.com/money/economy/2008-05-14-consumer-prices_N.htm):

"Wachovia Economics Group, commenting on the seasonally adjusted drop
in the price of gasoline, wrote to clients: "The drop makes absolutely
no sense. Where does the BLS buy their gas?"

Anyone know why the hell no one disputes these fake figures?
 




 24 Posts in Topic:
Price of gasoline drops! According to the federal government, an
Viking <noway@[EMAIL P  2008-05-14 11:53:09 
Re: Price of gasoline drops! According to the federal government
qwest602000 <qwest6020  2008-05-14 08:57:31 
Re: Price of gasoline drops! According to the federal government
Doobie Keebler <kooper  2008-05-14 08:58:35 
Re: Price of gasoline drops! According to the federal government
qwest602000 <qwest6020  2008-05-14 09:03:27 
Re: Price of gasoline drops! According to the federal government
Doobie Keebler <kooper  2008-05-14 19:50:28 
Re: Price of gasoline drops! According to the federal government
"BuffettHater@[EMAIL  2008-05-14 09:01:49 
Re: Price of gasoline drops! According to the federal government
darkstar7646@[EMAIL PROTE  2008-05-14 12:53:05 
Re: Price of gasoline drops! According to the federal government
"BuffettHater@[EMAIL  2008-05-14 14:36:28 
Re: Price of gasoline drops! According to the federal government
Viking <noway@[EMAIL P  2008-05-14 12:13:09 
Re: Price of gasoline drops! According to the federal government
"BuffettHater@[EMAIL  2008-05-14 10:00:41 
Re: Price of gasoline drops! According to the federal government
darkstar7646@[EMAIL PROTE  2008-05-14 12:50:11 
Re: Price of gasoline drops! According to the federal government
"Avenger" <a  2008-05-14 22:43:38 
Re: Price of gasoline drops! According to the federal government
Viking <noway@[EMAIL P  2008-05-15 10:39:27 
Re: Price of gasoline drops! According to the federal government
"Avenger" <a  2008-05-15 23:23:22 
Re: Price of gasoline drops! According to the federal government
" krp" <krp2  2008-05-16 02:26:15 
Re: Price of gasoline drops! According to the federal government
"adam russell"   2008-05-16 18:44:23 
Re: Price of gasoline drops! According to the federal government
"Jerry Okamura"  2008-05-15 07:07:58 
Re: Price of gasoline drops! According to the federal government
"Avenger" <a  2008-05-15 23:25:12 
Re: Price of gasoline drops! According to the federal government
"Jerry Okamura"  2008-05-16 07:07:00 
Re: Price of gasoline drops! According to the federal government
Charlie Perrin <nikver  2008-05-18 10:23:20 
Re: Price of gasoline drops! According to the federal government
qwest602000 <qwest6020  2008-05-16 10:11:19 
Re: Price of gasoline drops! According to the federal government
"Jerry Okamura"  2008-05-16 14:28:46 
Re: Price of gasoline drops! According to the federal government
Batroc Z. Leaper <hotf  2008-05-14 18:25:15 
Re: Price of gasoline drops! According to the federal government
Doobie Keebler <kooper  2008-05-14 19:51:24 

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tan12V112 Fri Sep 5 3:29:56 CDT 2008.