Fool's Gold: $1000 An Ounce

Another milestone has been reached. Gold has now hit the $1000 mark. Another sign of the troubling economy. Oil, gas, and gold at all time highs. Although we "officially" haven't been deemed living in a recession, I don't know how many signs people have to see to show that we are already there. Pawn shops must be doing a great business. One silver lining I found...milk may be coming down in price soon. Thanks for small favors! :)

Burning the Midnight Oil

Well, more bad news. And again we suffer. But I think it is our choice of using oil that has gotten us to this point. I have noticed that lately society seems to be trying to use alternative source and means of power...for so long solar power, hybrid cars, etc. were laughed at.

I watched a program last night about oil in Alaska that was very informative, explaining how much oil may be left in the ANWR (Arctic National Wildlife Refuge). Even if we were to explore it and remove the oil that is there, it would only last America a year. We are so dependent on foreign oil that we use 25% of what is available.

Maybe in our lifetime we will see major changes. We can only hope. Life will evolve for future generations and hopefully they will benefit.

Gas Prices, Oil to Record Highs

When you think it couldn't get any worse, here comes 1973 again. Those of us old enough to remember "Odd/Even Days" at the gas pumps, here comes more bad news. More money out of ours into the rich folks hand. What can we do to change all of this?
Well, of course, we'll cut back on going anywhere...more "coocooning" for the middle-to-lower class. Going to Walmart (don't get me started with that!) once a month will be the "monthly" outing for entertainment, as we stay connected to the world at home. At least we have the internet, but even it can be tedious at times.
I suggest letting the market play itself out and maybe things will get back to normal. But this is bad. Misery loves company, and we have a lot to be miserable for. Wish I had a good way to end this post, but I don't! :(

Musings on the "Sad State of the Economy"

What have you noticed happening in our economy today, besides the obvious? We all feel that gas, food, and other essentials rising in costs. I'm interested on how the financial squeeze is affecting the little things in our lives. It's actually the little things that suffer the most.
Not being able to visit friends and family because of the high cost of gas. Not buying what we might usually use at the store. Only one trip to Walmart a month. Seeing the suffering faces sometimes at the checkout.
It makes you long for days gone by. Even if we thought that they were not that great, they sure were better than this. Which begs the question...will we ever get out of this mess? I'm sure most of us know why we've come to this enviroment, or at least we think we know. It is what we don't know that hurts us.

A Shout-Out To a Fellow Blogger

Searching the internet, I found a person in a similar situation who lives in NY. http://tired-of-being-broke.blogspot.com/ Keep your chin up girl, hopefully things will improve for all of us. Yeah, right!!