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Gas Prices, Taxes and Lay-offs, Oh My!

I just spent $69.78 to fill up my car. YIKES!!! What in the world is going on? I also just heard stamps are going up.again! Oh, and I keep hearing about new taxes for this and new taxes for that. I've heard about so many different new taxes lately that I don't even remember what they are for.

I just know that I was going to be paying them. Well, this is not only a nonprofit's nightmare. It's obviously a nightmare for every hard-working person whose income just can't keep up with inflation. Oh, and all those people who have been laid off.

Our business is based on picking up and distributing donations to the nonprofits that need them (IN OUR TRUCK). In California, regular unleaded is hovering around $3.60 a gallon. That puts the diesel needed to run the truck at over $4.00 a gallon. Yet, financial donations have been
lowering probably due to the economy and the fact that many of our corporate supporters are related to the housing industry which puts us in quite the bind. Everyone is really feeling the crunch and boy does it hurt.

I know that this isn't just a problem for nonprofits, but in a business dependent on donations from the general public, it is a problem that is definitely affecting us. I'm sure I'm preaching to the choir. I just felt the need to vent a little. It's really hard sometimes since I write the checks and see the expenditures. As with so many, we've tightened our belts, but sometimes it seems there just aren't enough holes. I don't want to get political, but I truly hope that all the politicians see that we need some help.we need some change. I don't know what the answers are, but I know whatever is
going on just isn't working.

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Comments

I have a compact car and I just spent $43 to fill it up. Good grief!! I work 50 miles from my home; therefore my income has actually DECREASED.

We (the public) are being spoon fed garbage most of us aren't swallowing it. I keep hearing on the news how supply/demand is the issue and how we need an increase in oil so we need to do more exploritory oil drilling. This is hog wash. Opec Seretary-General Abdullah al-Badri has has said it's because of the weak dollar that prices are up and this makes sense because oil is being purchased by US dollars as world currency. A lot of countries (Kwait, Iran, Venezuela have urged a switch away from the US dollar for pricing. This isn't over by a long shot and isn't going to get better with more drilling and exploration.

The Republicans have done such a great job of running the economy based on the principles they believe in. Such as decreasing the deficient and lowering taxes. Since President Bush is an oil man he does not consider four dollar a gallon gas a tax, but only a big benefit to all his best buddies. Who cares if takes the discretionary spending money out every middle class family and cripples the economy?

Then we can come to the war in Iraq. The poor solders dying for this and billions are being spent every month which we are borrowing from the Chinese. Who is going to pay for this, well of course the next president will have too. But, I never raised your taxes.

And now the bailout of Freddie and Fannie, we are way past billions, now we are talking trillions and where are we going to get it from? The Chinese of course! Can you say five dollar a gallon gas or six dollar a gallon gas. That is what it is going to be shortly when our dollar slides even below where it is now, if that is possible? Pretty soon the dollar won’t even buy a dollar with the rate we are borrowing now.

I am glad that the prices are finally coming down, I was paying over $80 per fill up. Now, just over $50. Much better.

I hope the current gas price level ($55 at present) stays for a while, its been fluctuating a lot recently.

This isn't just a problem for nonprofits, but in a business dependent on donations from the general public, it is a problem that is definitely affecting us.

This isn't just a problem for nonprofits, but in a business dependent on donations from the general public, it is a problem that is definitely affecting us.

This isn't just a problem for nonprofits, but in a business dependent on donations from the general public, it is a problem that is definitely affecting us.

I am so glad that the gas prices have finally subsided.

What a releif.

A quick fact that will help everyone who doesn't already know why we are going through this to understand. FACT: The Federal Reserve is NOT owned by the Federal Government. It's a private banking institution and they expect a return on their investment. The investment is Treasury Bills (Tbills). When the Government wants money they issue TBills to the Federal Reserve. These TBills have an attached interest rate. So the Federal Gov't is borrowing each and every time they print money. And YOU get to pay the interest. This is why there is a deficit. And when you increase the Money Supply you increase Inflation... it's just that simple. You have to look to the ROOT cause... and there you have it. It's going to get much worse. Unfortunately O'bama is not keeping his promises and he's filling his staff positions with Wall Street Appointees who care only about themselves. It's a big joke. Mainstreet vs. Wallstreet... and Wallstreet controls the money so they control you!

A quick fact that will help everyone who doesn't already know why we are going through this to understand. FACT: The Federal Reserve is NOT owned by the Federal Government. It's a private banking institution and they expect a return on their investment. The investment is Treasury Bills (Tbills). When the Government wants money they issue TBills to the Federal Reserve. These TBills have an attached interest rate. So the Federal Gov't is borrowing each and every time they print money. And YOU get to pay the interest. This is why there is a deficit. And when you increase the Money Supply you increase Inflation... it's just that simple. You have to look to the ROOT cause... and there you have it. It's going to get much worse. Unfortunately O'bama is not keeping his promises and he's filling his staff positions with Wall Street Appointees who care only about themselves. It's a big joke. Mainstreet vs. Wallstreet... and Wallstreet controls the money so they control you!

A quick fact that will help everyone who doesn't already know why we are going through this to understand. FACT: The Federal Reserve is NOT owned by the Federal Government. It's a private banking institution and they expect a return on their investment. The investment is Treasury Bills (Tbills). When the Government wants money they issue TBills to the Federal Reserve. These TBills have an attached interest rate. So the Federal Gov't is borrowing each and every time they print money. And YOU get to pay the interest.

gas prices have finally subsided ;)

gas prices have finally subsided ;)

Interesting post, Thanks

Well gas prices are back down again, but I would expect them to go up again soon enough once the world economy picks up thanks to peak oil.

Its gonna be a scary time once we hit peak oil the world is going to be a tough place to live.

we all are scared but i think that 2011 it will be worse year then 2010 and the gas price it will go close to 2$

We dont have rights, only privileges - George Carlin. I think this guy was right. They control us and our lives. And we worry about gas prices.

The middle class just continues to get pinched. Pretty soon we will all be homeless!

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I watched a news item about this on television at the weekend. Thanks for explaining it more thoroughly

Great Article! I really enjoyed the read.

Good article! Continue your great work!

Regards,

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Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me.

More tough living for us middle class peeps.

This is really outrageous. Thanks for sharing the article.

When the Government wants money they issue TBills to the Federal Reserve. These TBills have an attached interest rate. So the Federal Gov't is borrowing each and every time they print money.

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Middle class is getting harder and harder every day.

Terrific article, thanks. Would you clarify the second part in more detail please?

Beautifully said.

I'm very glad that you said that post!!!

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