Interestingly, the day after I blogged about Trump I get an email from my Canadian cousin regarding the plight of America. Obviously, CNN news is part of TV in Canada and like FOX news, CNN always has it's slant on the state of America an it's politics. I thought I'd share part of my cousins email.
A recent survey had 80 percent of Americanos thinking gas would hit $5 a gallon this year.
I see it is $3.73 in McKinney today.
$5.00 a US gallon sound crazy?
It is what we are already paying in Canada. My last stop at the gas station it was $1.33 a litre. There are 3.78 litres in a US gallon which works out to $5.02 a gallon.
That is just north of the US border in a country that has the 2nd largest oil reserves in the world (with the Alberta oil sands)behind Saudi Arabia. Your Canadian cousins are already biting the bullet at that price.
They call Canadians "the blue eyed shieks". Keep your Canadian dollars - they were trading for $1.05 US at noon today.
I watch the US news with fascination at the spin doctors in Washington. Read yesterday that the US government spends $1.60 for every $1.00 they bring in in revenue. Standard and Poors Credit rating arent buying the bs coming out of Washington from the politicians Democrats or Republicans re: reducing the deficit and are saying that unless they get their shit together before the next election there is a 1 in 3 chance that they will reduce the USA credit rating for the first time in history making it even more expensive to borrow $.
There are some hairy times ahead.
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