Politics & Government
US Offshore Drilling…and Politics
Bush lifting the OCS ban changes the political dynamic.
The Republican message is singular…… “Drill, Drill, Drill.” That’s it. No “conservation & efficiency.” No “alternative energy” stuff. Just DRILL!!! And no, they are NOT crazy, just being politically pragmatic. It’s a…
23Jul2008 | Energy and Oil | 0 comments | ContinuedA New Wave of Congressionally Mandated Energy Profits Is Just Around the Corner
Congress is talking about going after oil speculators in an effort to lower prices by limiting the amount of money flowing into oil contracts.
We realize that they’re upset, but they’re going about this the wrong way. What’s more, they’re demonstrating a…
24Jun2008 | Money Morning | 0 comments | ContinuedA Plan to Grant the Fed Additional Powers Will Only Exacerbate Current U.S. Woes
Throughout history, governments have always used crises to justify blatant power grabs. All too often, the “expanded government powers” that resulted from the moves remain in place - even after the crisis subsides.
This tendency has come into sharp focus here in…
24Jun2008 | Money Morning | 0 comments | ContinuedCreating Feds Like It’s 1913
I received an email from a Washington, D.C. advocacy group urging me to urge my U.S. Senators to “support the Climate Security Act.” Climate security? This is legislation to set up emissions trading or a “Cap & Trade” system for…
20Jun2008 | The Penny Sleuth | 0 comments | ContinuedElection 2008: Why Poor Presidential Approval Ratings Make For Great Stock Markets
No question, President George Bush’s approval ratings have pulled an “Enron.”
A recent Associated Press-Ipsos poll conducted June 12-16 showed only 29% of the public gave Bush a favorable rating. It’s the least favorable approval rating for a U.S. president since Jimmy Carter’s…
20Jun2008 | Money Morning | 0 comments | ContinuedThe Intellectually Barren Offshore Drilling Debate
At least one of Matt Simmons’s forecasts is not yet bearing fruit — his 2006 prediction that Peak Oil would come to dominate the 2008 campaign. For the debate over offshore drilling that’s erupted this week has shed absolutely no…
19Jun2008 | Desidooru Saloon | 0 comments | ContinuedElection 2008: The Achilles’ Heel of Obamanomics
Presidential hopeful, Barack Obama, recently told The Wall Street Journal that he intended to lift the United States out of recession through a burst of government spending on infrastructure and a venture capital fund for the new energy sector.
Obama has…
19Jun2008 | Money Morning | 0 comments | ContinuedPOLITICAL STUPIDITY
A few weeks ago we witnessed a political act of such unimaginable stupidity, it is hard to not choke at the mention of it.
A cursory review of the details is worth a minute of your time. This compliments of The…
18Jun2008 | Daily Reckoning | 0 comments | ContinuedUS Agriculture Supply and the Coming Election
I received an article from Kevin Kerr the other day on our current US agriculture supply.
Here is the link:
http://biz.yahoo.com/rb/080609/markets_grains.html?.v=4
I like this…
“Worries about tight fundamentals, such as low stocks and high demand, was likely to continue feeding the rally in corn,…
13Jun2008 | Energy and Oil | 0 comments | ContinuedA NATIONAL POLITICAL BROWNOUT, PART I
Although I don’t always agree with the views of columnist Thomas Friedman, I couldn’t agree more with his criticism of US energy policies. In a recent article entitled “The energy to be serious”, he takes Hillary Clinton and John McCain to task…
12Jun2008 | Daily Reckoning | 0 comments | ContinuedThe ugly Americans
In the mad rush to blame speculators for high oil prices, our solons in Washington have inadvertently revealed a U.S.-centric, 20th century mindset.
I’m sure Sens. Carl Levin and Dianne Feinstein think they’re enlightened types, far beyond any sort of “ugly…
8Jun2008 | Desidooru Saloon | 0 comments | ContinuedElection 2008: Obama or McCain – U.S. May Suffer Either Way
As Barack Obama closes in on the Democratic presidential nomination, investors should focus their minds around one uncomfortable fact: Whether it’s Obama or Republican John McCain who wins the White House, expect some policy changes that won’t sit well with…
6Jun2008 | Money Morning | 0 comments | ContinuedThe Statistical Battleground
With consumer confidence now testing generational lows, our politicians are, nevertheless, continuously assuring us that the economy is strong and that there is no cause for worry.
Although it is standard procedure for governments to soothe their citizenry with placebo…
5Jun2008 | Money Morning | 1 comment | ContinuedElection 2008: As Democratic Primary Hits a New Pinnacle Today, Obamanomics Emerges as Clear Front-Runner for Investors
With contests in both Indiana and North Carolina, today (Tuesday) probably marks the last of the crucial Democratic presidential primary election contests between senators Hillary Rodham Clinton and Barack Obama.
Unless the cynical premise of Rush Limbaugh’s “Operation Chaos” is realized, and the…
6May2008 | Money Morning | 0 comments | ContinuedElection 2008: U.S. Economy Cries “No mas” to the Democrats
“Election 2008″ is an ongoing Money Morning series that looks for profit plays emanating from the presidential election campaign.
In Tuesday’s Pennsylvania Democratic Presidential Primary, Sen. Hillary Rodham Clinton achieved the absolute bare minimum she needed to prolong her battle against Barack Obama.…
28Apr2008 | Money Morning | 0 comments | Continued-
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