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calendar   Wednesday - April 30, 2008

HARD TIMES FOR AMERICANS?

Drew in a past post recently mentioned “research” which I confess I have not done with this story.
It’s being reported by at least one of the guys, Tom Leonard, from L.A.  Or at least, he was reporting from there earlier last week.

Mr Leonard, reporting from L.A., filed a story that mentioned the riots in LA and Rodney King who he wrote, had been “murdered by LA cops thus setting off riots.” He was referring of course to that unfortunate episode many yrs ago when some jerk video taped King being mugged by cops. yeah. They wanted his cell phone and play station I guess.

Anyway ... I just want my fellow Americans to know, should things get really bad over there, well ..... you could apply for aid from the EU who just love our asses. Not!

American portions reduce as food prices rise By Tom Leonard and Alex Spillius
Last Updated: 1:57AM BST 30/04/2008

Faced with growing delivery costs driven by higher fuel prices, many US restaurants have done the previously unthinkable and introduced smaller food portions served on smaller plates.

Hey really folks. Is that true? Nah ...

The increase in fuel prices was identified yesterday as the biggest issue affecting the lives of ordinary Americans. It surpassed even unemployment and home repossessions, according to a survey by the Kaiser Family Foundation.

Until now, Americans have taken for granted the relative cheapness of petrol and food. Although $3·60 (£1·80) for a gallon of petrol still seems inexpensive by European standards, the 25 per cent increase from last year is causing considerable pain in a country that continues to run big gas-guzzling vehicles.

The Petroleum Marketers Association of America has reported that motorists are increasingly driving off from the pumps without paying.

The increase has hit the haulage business hardest. Truckers, who are now paying up to $1,500 (£750) to fill up with diesel, have launched a series of protests in US cities.

William Lockridge, of the Washington Metropolitan Area Truckers’ Association, said drivers were barely breaking even. “If the truck stops, the economy stops. We need help and we need it now,” he said.

The US has also been feeling the pinch from the rising cost of wheat, which has pushed up bread and pasta prices. The acreage devoted to the crop has fallen by 27 per cent since 1981, some of that because wheat farmers are turning to producing ethanol for biofuels.

President George W Bush tried yesterday to play down ethanol’s role, but still estimated it was responsible for 15 per cent of the food price rise.

http://tinyurl.com/6fpj4b


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Posted by Drew458   United Kingdom  on 04/30/2008 at 03:37 PM   
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