Actual CPI vs. Official CPI
As I was surfin’ the ‘net last week I ran into a rather interesting article that claimed that Americans indeed are better off economically under the Bush regime. The article is compelling, except for (at least) two glaring flaws: it uses the discredited official CPI index to measure inflation levels and it does not account for the massive new debt loads, due in large part to the wars in Iraq and Afghanistan, that current and future generations of Americans will have to pay back. Below is the full-text of the article:

New Income and Poverty Figures …

“How can you pursue this policy without further weakening the dollar?”-Ron Paul
This is priceless. Look at Bernanke at the end of this video he doesn’t know what to say. Bernanke is a puppet of congress and he just proved it by stating in the video that we at the federal reserve follow congress’s orders. Come on man do something different. Wow.

How to explain the oil price? Why is it so high? Are we running out? Are supplies disrupted, or is the high price a reflection of oil company greed or OPEC greed. Are Chavez and the Saudis conspiring against us?

 
Ever wonder why the government numbers given for the inflation statistic don’t seem to mesh up with your personal experience with real-world prices? Could it be that the government isn’t telling the whole truth? In fact it has been ‘lying’ for years by manipulating the way CPI is measured and reported to give a watered-down statistic that really underestimates the true level of inflation. Dollar devaluation is a severe problem in the US when you look at the graphs provided by John Williams of www.shadowstats.com and his arguments and explanations behind them. Take a look at this alternate data to educate yourself …