With an attitude like that, it's no wonder that fuel prices are out of control. Now were faced with exactly the same scenario. With the stakes higher today, OPEC's threatening to torpedo the longest recovery in U.S. history. They can't be ignored. That's how runaway inflation got started in the early and mid-'70s.
Energy costs are no aberration.
They're ubiquitous and directly related to inflationary pressures in all sectors of the economy. With Wall Street already going through gyrations, the handwriting is already on the walls. America needs straight talk and immediate action not more smoke. He's the author of Dodging The Bullet and Operation Charisma . All Rights Reserved.