NBC news this evening began its broadcast with the awful, hideous, painful, budget-busting, economy-sapping news that gasoline is approaching four dollars a gallon.
I particularly enjoy the 1.5-2.0 second clips from motorists at fill stations. I always do. Why? Because the reporting is fake; it always is. Assume for a moment you are the reporter looking for these clips -- you're gonna ask for and then edit for those people who decry prices, who think it's "ridiculous." What, you think they'd possibly broadcast an opinion like mine that would argue for $8 gas? Not in my lifetime.
As the Fed-engineered bailout and Americans love affair with deficits both lead to a declining dollar and as oil is priced in dollars, oil producers want something for their product so they are asking for a few dollars more.
Remember, you're getting screwed out of any interest you would have gotten on your savings because we bailed out the financial industry, the titans of our "new economy" that produce nothing of value. Bailing out our financial industry was done at the expense of millions of savers who now get next to nothing in interest. Bailing out our financial industry was done at the expense of everyone who buys imported gasoline as we've eroded the value of our dollar against other currencies. These are the consequences of those past actions and now we don't like it.
I really, really like to hear reporting about whining Americans at their local gasoline stations. It makes me feel good about being a member of their ranks; a privileged people who should not have to suffer the consequences from the democratization of North Africa. Do you think NBC news could possibly broadcast a 1.5 second soundbite of a bitter, overweight, middle-class woman in Aurora, CO, filling her SUV with $3.89 gasoline while muttering "I hate democracy" as she watches the pump register $72 for a tank?
I don't think so.
This is the real America.
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