My friends love to tease me about my response to anything they quote to me from the mainstream media (“MSM”) – “Propaganda!” is my usual response.
Unfortunately, it is not just the MSM that is taking shortcuts with the public’s relative “informedness” or lack there of, the various federal agencies charged with data collection and reporting should be charged with dereliction of duty. Under no circumstance is unemployment 5% or inflation 3%, under no circumstance is housing going to “bottom” in 2008, under no circumstance is ethanol or hydrogen going to replace the missing BTU’s from the decline in hydrocarbons, and under no circumstance is any agency of the federal government or any major corporation going to come clean on these issues until our media gets its head out of its ass and into the sunshine.
OPEC is a case study in pathological deception. OPEC would have you believe that they can pump as much oil as they wish but that the problem with high oil prices has to do with refineries, speculators, violence in Nigeria, the U.S. Housing Crisis and hem lines in Paris this spring.
Yours for a better world,