Where does America get her money? Are we paying for the war at the gas pumps?

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Out on a Coffee Break-Back Soon~	It certainly seems like our gas purchases are funding the war. I'm pretty sure we've been printing blank dollars for years. Gas is cheap...most of our money is going to the government. Was this answer helpful to you? Yes / No

bigseb31213	Taxes. If we had imposed a gas tax several years ago, then we would be paying the government at the pump, instead of OPEC (and the price would be the same) $4.15 Was this answer helpful to you? Yes / No

cafeene_rush21	4.09 by me, but some are just under 4 and the thing that sucks is it'll probably never be under 3 again Was this answer helpful to you? Yes / No

KCH	Your taxes pay for America. Things like building roads, government salaries, ect. When you pay money at the gas pump, you're pumping money into the pockets of the gasoline companies. Was this answer helpful to you? Yes / No

$andman	I saw somewhere that corporate tax revenue coincides almost exactly with military spending every year...why ,i have no idea and have no opinion... Was this answer helpful to you? Yes / No

mikethefullback	Well, your tax dollars fund everything the government needs money for. From paving streets to fighting wars. The money you use for gas goes to the oil companies, because thats how their gettin money. I can tell you America has borrowed ****-loads of money from other countries. Was this answer helpful to you? Yes / No

Charming C	$4.15 Was this answer helpful to you? Yes / No

leonard s	America gets its money from our economy. taxes are rasied to pay for the running of the government and bods are sold to pay for everything else. Civics 101 in high school Was this answer helpful to you? Yes / No

darrell m	the government of the USA gets the money they use to run the Government like all the other countries of the world do, by taking the peoples money through taxes,fines,fees. the taxes we pay at the pumps is suppose to be used for the roads that we drive on, but you can be sure that given the state of disrepair of some roads not all of it makes in into the highway funds. Was this answer helpful to you? Yes / No

hopeless	With out a doubt my dear it is not cheap to fight the war with stoned out Taliban who have the advantage that we are in their back garden(is not fair of them is it) they do not even probably feel the pain. *** they are classed by noons as not human being. On the other hand we in the West feel the greatest pain of having to pay for fuel at twice the price.ouchhhhhh that now is pain oh it hurts. Was this answer helpful to you? Yes / No

Wayne C	There is a VERY high probability that many of you in here that have a 401K are paying yourself at the gas pump. Failure to understand the options market is the problem! Large funds are buying $1,000.000.00 options for $90,000.00. They in turn sell them. The normal spread of speculators to commercial buyers is 20% speculators and 80% comerrcial. The number of trades on an option is now at 32 before a commercial buyer takes delivery. That spread has flopped to 80% speculators. The largest player is CALPERS. That is the CA state employees retirement fund. It's called F__k a buddy. One can only hope that the big dump oil took in the 80's will happen and take it back to $65 where it should be. It is not the 25% drop in the value of the $. It is not this President or the last, they both saw big increases in energy costs on their respective watch. The same is happening to food. If you want to know where money comes from all you have to do is go to the Treasury site. It is expalined there. You don't have to like it....but that IS how the free market works. UP and DOWN. Was this answer helpful to you? Yes / No

NeilUSA	We are re-spending the same dollars over and over. From 2002 to 2006 the dollars available for lending doubled from $3.5 trillion to $7 trillion. Most of this money is/was owned by China and other foreign investors - mainly earned by selling us imports and accepting dollars as payment. These investors wished to invest the dollars to make interest - as is normal. However with SO MUCH money available there was simply not enough places to invest, so investment brokers were being offered more money than they ever dreamed of in previous generations. One effect was to make mortgages easier to obtain. Once all qualified people had their mortgages, the lenders asked the brokers to find more customers, and the only way to generate more customers was to lower the mortgage qualification standards. This did not happen overnight, but gradually as all the brokers and lenders competed their way toward the bottom - over several years. This led to the current "lending crisis", and here is my point: we Americans spent our dollars to buy imported goods. We then borrowed the SAME MONEY back to spend a second time. Although we did not print blank dollars "per se", we did create conditions where the dollar would settle to a new equilibrium point. In effect, we have devalued the existing dollar - making a barrel of oil cost more of these devalued dollars. Was this answer helpful to you? Yes / No

fangtaiyang	The U.S. is currently running pretty much on credit. Taxes and other forms of income are not nearly enough to keep a government the size of our federal one going as well as financing two war fronts. The biggest investor in U.S. Treasury Bonds is China. The only real connection with oil is the interests of oil rich nationsinvesting in the U.S. economy as well. Was this answer helpful to you? Yes / No

Eric S	I wish it were just the gas tax, it also a lot of people and foreign gov'ts buying treasurey bills and savings bonds. So, taxes, bonds and treasurey notes (Ie;loans) are flipping the bill for this. Was this answer helpful to you? Yes / No

nothingconstant	We get money from China and Japan mainly. We really don't "print" as much money anymore, and the reason for inflation is basically the issuance of credit. The demand for money has lowered and debit cards have surpassed money. To say that we print money is an old way of saying it.... today computerized loans and essentially computerized, intangible money is made. Inflation is good if you are in debt. It basically devalues your debt, and if inflation is higher than the interest rate, then you're golden in the long run. Unfortunately, people with those nasty credit cards pay more than enough in interest if you don't pay it off month by month. Was this answer helpful to you? Yes / No

Johnny D	Probably a third same as here in UK! Was this answer helpful to you? Yes / No

whip	none. the states get most of the money in taxes for roads.the government gets 9% of every gallon that helps to pay for state grants on security of the states.the oil companies make 4% profit on every gallon after looking for it,finding it ,drilling it,delivering it,and refining it,then delivering it. see something here? Was this answer helpful to you? Yes / No

none	No, it doenst work that way. Gas money goes into the pockets of the oil companies. The war is being paid for with your tax dollars. So youre paying for both. Was this answer helpful to you? Yes / No