"You know what the news is-- in a minute, you're going to hear the rest of the story"- Paul Harvey

Iraq's "Chemical Ali" (Ali Hassan al-Majid) death sentence is currently on appeal for his part of the mass killing against Iraqi citizens.

Here in the US, no one is being held accountable for the massive wealth destruction brought on by sub-prime derivatives, immoral lending practices, lack of financial oversight, or the selling out of a nation by the members of the global elite.

Not only have these people not been held accountable for their actions, their crimes against the American people never result in any of these people being charged. I wonder what the Chinese government would do to these people?

Today, the Federal Reserve said that economic growth will be less than they projected, and unemployment would increase in 2008. Those that have followed our comments know this is no surprise to us.

Yesterday, the meat-heads that calculate the PPI (Producer Price Index) finally bumped up their core number (excluding food and energy) by saying it spiked to 0.4% for the month of April.

The numbers are so off base that I can't believe anyone pays attention. In the month of March crude oil jumped 17.5% while natural gas prices increased 11.4%. For April, crude oil jumped another 4.5 %, and natural gas 4.3%.

In my estimation, inflation over the past year (including food & energy) is somewhere between 10-15%.

Today, we began to see inflation closing in a major corporations as American Airlines (AMR) said surging fuel prices are killing the company. AMR announced they would cut thousands of jobs, get rid of some planes, and charge passengers $15 bucks to check in a bag.

I don't know about you, but I don't feel very comfortable flying when an airline is trying to find ways to cut costs. What do they say when the gas truck pulls up? Give me a half a tank?