Reminiscent of some of the worst segments of the 2008 Financial Crisis, gas prices in America are reportedly set to surge again. It is one of the facets of the economic crisis that broke many working class people. In some U.S. states, people were playing $4-$5 per gallon of gasoline, which was misery for many.
Another bout of such gouging is going to have a worse impact than before, as unemployment has risen, while the housing market deteriorated, adding to Americans' financial burdens. The nation's financial state remains out of whack and the government has been unable to restore any balance.
U.S. President Barack Obama is still stumbling in his reaction to the widespread violence that has erupted in the Middle East. Ironically, word in the international community from a very credible source, indicates President Obama placed some incendiary, instigative phone calls to the region, prior to the uprising in Egypt, which has spread to other nations in the Arab World, such as Bahrain, Yemen and Libya.
While the Middle East riots, Obama pushes his technology agenda
In doing so, the Obama Administration stirred up a hornet's nest, it has not been able to control, which has resulted in hundreds of civilian casualties. The Middle East is now destabilized, Libya has become volatile and violent, oil prices are rising to record levels and the door is open for all sorts of militants to set up shop in the stead of falling regimes.
Video: How Libya unrest impacts the global economy
This is a troubling time in world history, where drudges are being formed and who knows what they will turn into later. The President is messing with regimes comprised of men, who have very long memories and very short tempers. As history has shown, it will come back to bite America in the butt.
Video: Libya teeters on the brink
It would be wonderful if the aforementioned nations would embrace democracy, but in trying to bring this about, what seeds are being sown, who will reap the end result and will it be good or bad.
U.S. President, Barack Obama, is being criticized for his poor handling of the protests and uprisings in the Middle East. The turmoil that has erupted in Egypt, Libya and Bahrain, has sent the region into chaos.
Many in the Middle East believe, the U.S. State Department, CIA and FBI, are the instigators behind the uprisings and blame President Obama as the ringleader. The U.S. government in being accused of meddling in Muslim affairs.
Recently, U.S. Secretary of State, Hillary Clinton, issued statements about Iran that left some with the impression, she is encouraging another uprising in their nation. The destabilization of the region is an item of concern, as it is sad to witness people dying.
