Sen. McCain may be the elder statesman in this race, but rocker Joe Perry of Aerosmith gave him the nod for President. Perry hails from a family of “hardcore” Republicans and saw a groundswell of entertainers flock to Obama. Perry explained: “We pretty much stay out of it, but seeing so many people come out [...]
OPEC has the oil – but they don’t have the answers. Since the first oil embargo back in the early 1970′s, every time that OPEC was looking to hold their power over us, they would play the crude card. It worked more often than not. So, now that we are in a global financial pinch, [...]
Don’t believe me…check the poll: http://www.armchairenergist.com/?p=1036 If you think the poll is wrong, then pull the lever…make your voice heard! Last week’s winner of the new Armchair Energist cap is Nancy of Ridgewood NJ. Congratulations, Nancy. There is still one more shot to win an Armchair Energist cap – sign up for our email list [...]
I have read dozens of endorsements for both candidates. Many platitudes but no real substance. Then came this one from Charles Krauthammer. This is such an eloquent piece, I believe it has the power to sway independents to vote for McCain and Democrats to cross the aisle. Contrarian that I am, I’m voting for John [...]
I heard Rush Limbaugh speaking about some ideas by the Congress to eliminate the 401(k) plan as we know it. Rep. George Miller said “With respect to the 401(k), it appears to be a plan that is not really well-devised for the changes in the market…We’ve invested $80 billion into subsidizing this activity.” I have [...]
FT publishes a story I commented on five weeks ago! The ethanol hoax has crossed the pond. According to the Financial Times (h/t NewsBusters.org) The bubble in the ethanol market can be directly attributed to the US government’s mandate that it be added to the gasoline supply. It is one of the largest corporate welfare [...]
Economic recession. Plentiful stock. Reduced consumption. Can you say ‘soft market’? OPEC has called for an emergency meeting with plans to stop the downward march in crude price to 50% off its high of just 3 months ago. Maybe the OPEC nations should thank the speculators for boosting crude by perhaps an additional 20% when [...]
Here at the Armchair Energist, we have started our own early voting. The poll will remain open until Election Day and it’s definitely not scientific. The winner of last week’s Armchair Energist cap was notified and I’m waiting for a reply. I will post the winner as soon as they get back to me. In [...]
I wonder… While reading the WSJ online this morning, I came across this video. I wonder if they read my blog post on October 13th? The next time your broker calls and say ‘boy, do I have a deal for you!’, tell him your mother is on call waiting. False Oil ‘Prophets’ on Wall Street [...]
“Mainly, I thought of Barney as a kid. You can always look into the faces of kids and see what they’re thinking, if they’re happy or sad. That’s what I tried to do with Barney.” Don Knotts Here comes that alternate universe feeling again. I watched Barney Frank and I had to pinch myself…did he [...]
