I will try not to use profanity in this post, but I may not be able to avoid it. Every time I see a picture of Chris Dodd or Barney Frank, I want to puke. This one is especially ironic, though. As I was looking for clips for my ‘Recent Video’ slot on my home [...]
“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 [...]
The good news? Crude dropped over 10 bucks. The bad news? No one may be able to buy the cheaper gas as a result. After a tenuous morning session, the market watched, listened and reacted to the House vote on the financial bailout for Wall Street. The bill, as well as the markets, went down [...]
This morning, President Bush presented the outline of the Bailout Bill that was bouncing around the House this weekend. In order to clam the markets, the President was at the podium at 7:30EDT to try and get out in front of the possible downturn. It didn’t work. Skeptical traders began the day selling off and [...]
I had written about Senate Leader Harry Reid’s ploy to restrict oil shale production in the US. It was hidden in an appropriations bill and Senator Reid figured no one would notice. Wrong! The good senator decided to park the wording smack-dab in the middle of a pork-laden appropriations bill, timed just for the re-election [...]
There has been much reported during the past week about the mess on Wall Street, Fannie Mae and Freddie Mac and Lehman Brothers. Next comes the auto industry. Where does it end? Please leave some suggestions – perhaps my insiders will read them and pass them along to the campaigns!
On the edge of the expiration of the Congressional offshore drilling ban after 25 years, the Senate Majority Leader Harry Reid (D-NV) has added this little piece to the latest appropriations bill: Sec 1602 continues ban on oil shale. The language follows: SEC. 1602. Notwithstanding any other provision of law, including section 152 of division [...]
After 40 years, the Cold War ended when the Soviet Union, unable to keep all of its breakaway provinces and Soviet Bloc countries in check, disbanded. This collapse effectively was punctuated when Ronald Reagan announced at the Brandenburg gate “Mr. Gorbechev, tear down this wall!” two years earlier. The cries of the American people are [...]
The American Spectator put forth this opinion yesterday: The House may have passed a (watered-down) bill that allows limited offshore drilling, but the ace in the pocket of Speaker Pelosi and complicit representatives is that the courts are going to be deluged. In my hometown, it takes an average person over six months to get [...]
With all of the vairables that lead to the price of crude these days, one looms as a possible dragon-slayer. Yesterday, the House of Representatives brokered a deal to expand offshore drilling to the Atlantic and Pacific oceans. If a bill isn’t passed and approved by September 30th, the current moratorium on offshore drilling expires [...]
