The REAL Reason Gas Prices Are Rising - Don't Believe The Media...

When President Bush was in office and gas prices rose to $3.00 per gallon, the mainstream media told everyone it was not because of OPEC and speculators - instead, it was "Bush's fault" because he represented "Big Oil". The Bush family were oil people of Texas. Now, gas prices are up to $4.00 per gallon and expected to rise to $5-$6, but the media is now telling a different story - that the fault lies with OPEC ripping us off, and speculators driving up prices.

While it may be true to some extent that prices are affected by OPEC and speculators, that is not the real reason prices are sky-rocketing.

First, let us look at a scenario. Let's say you have $20 with which to buy a pair of cheap $20 jeans. The jeans company needs to get $20 if they are to make a profit. But then the government makes your money worth only one-half as much. Your $20 is now worth only $10, though it still LOOKS like $20, and they let you call it $20. But the fact remains - it's only worth $10. Because the value of your money has been cut in half, the jeans company must now raise the price to $40 - that's the only way they can still get a REAL $20.

This is called INFLATION, and it is what happens when the government places itself so far into debt that it has to print more money - money that is not backed by anything at all except a promise to pay.

So, now you know - gas prices, food prices, ALL prices are going up because the government has driven down the value of a dollar. Of course, gas prices are going up fastest because there are those other issues of OPEC and speculators. But if the administration had not driven us so deeply into debt, forcing the Federal Reserve to print hundreds of billions of "extra" dollars, gas prices would never have hit $3.00 per gallon. Yes, they would have risen - but not by this much. Not by a long shot.

It also did not help when the administration advertised to our enemies at OPEC that America would cut its own attempts to drill for oil. Offshore drilling would be shut down, and new wells in America would not get permits. This told OPEC that America was placing itself at the mercy of OPEC for years to come, giving them license to drive up prices by reducing their own production - which they recently announced.

So I have to laugh when Mr. Obama says he will create a commission to look into why gas prices are spiking. It's funny because it is Obama's own policies that are causing it. But that is not what his commission will find, I guarantee it. No, they will find that "speculators" and OPEC are to blame. And if there is any way on Earth to blame the "rich", they will do so.

Just watch...