Posted on February 3rd, 2008 by
from Tom Harper
All Right!!! Was Super Bowl XLII one kickass game or what?!? The New York Giants came from behind to upset the New England Patriots in the last 35 seconds of the game. The Patriots got their asses handed to them, 17 to 14. You Go Giants!
Tom Brady played a hell of a game but he was sacked five times; pretty shocking for a record-setti ng quarterback. Eli Manning is now out from under his brother Peyton’s shadow — excellent work! And that incredible leaping catch by David Tyree was just too much.
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Filed under: General, BIO, President Bush, Economics, war, environment, Crime
Posted on February 2nd, 2008 by
from Windspike
Well, you may already know this, but every time some rightwinger suggests lowering taxes is the answer to what ails our economy, you should ask them how they expect to pay for those things we expect our government to do. Where is all the fiscal conservatism in the GOP these days? Certainly there is none when it comes to the W, Rove and Co.
President Bush wants to cut funding for teaching hospitals and freeze medical research in a $3 trillion budget for 2009 that is still likely to generate a record deficit once war costs are tallied up.
The Bush budget to be submitted Monday would cut the budget for the Health and Human Services Department by $2 billion, or 3 percent. By contrast, the Pentagon would get a $35 billion increase to $515 billion for core programs, with war costs additional.
With tax revenue falling as the economy slows - and with the deficit-fina nced economic stimulus bill adding more than $150 billion in red ink to federal ledgers over 2008-09 - the White House acknowledges that the budget deficit for this year and next is projected to reach $400 billion or more.
The largest-ever budget deficit, $413 billion, was recorded in 2004. Bush’s budget will forecast a deficit for 2009 that’s below that, an administrati on official said. But that assumes costs of $70 billion for the wars in Iraq and Afghanistan, well below the almost $200 billion request for this year.
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Filed under: Contributors, BIO, President Bush, Economics, capitalism
Posted on November 18th, 2007 by
from Mat
There is not one person that knows the oil business better than the folks in Saudi Arabia when it comes to supply and demand on the world oil market. Even Saudi Arabia is wondering how the world of oil market speculation has the price of a barrel of oil tempting at the hundred dollar mark. With that thought in mind the nation of Saudi Arabia is exploring for new oil fields with all of the new technology available to ramp up production thus saying to oil market speculators in the market, Screw YOU!
Wall Street can play the game and pocket the cash but I’m thinking that the producers of oil in the world are looking at the bigger picture and alternative energy sources are more than attractive with oil at one hundred dollars a barrel. That is and will be a direct effect to the bottom line of all oil producing exporting countries, aka OPEC. Oil has only been the main source of heating and vehicle power because it was cheap and affordable to the masses. That is no longer the case.
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Filed under: General, BIO, WaPo - Whitehouse, Economics, capitalism, Alternative Energy
Posted on November 11th, 2007 by
from Mat
With the never ending rise in the price of oil comes the never ending desire of Americans to find a better way. Some months ago I wrote a piece on the strangle hold that OPEC has on not just America but the world. In it I mentioned that the last stage coach was probably the best built carriage in the world but the combustion engine eventually put it out of its misery.
American’s can be a funny group of people. We are not well liked around the world for many reasons and one of them is our arrogance or intolerance of anyone saying “It can not be done!” Screw you, or some other creative twist of the English language is usually replied in return. Not in the board rooms of our nations corporations but in the barns, the sheds, the garages of Americans that know that IT can be done!
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Filed under: BIO, New York Times, Economics, capitalism, environment, Alternative Energy
Posted on November 9th, 2007 by
from Mat
Once more the nation is facing $3 gasoline and home heating oil over speculation and what some would think is market manipulation . While the market and its volatility are soaring out of control you can almost here the cash registers ringing non stop for all of the friends of President Bush. With his lack of action on behalf of the lower classes of America he is proving the point made by thousands of political writers like yours truly that he is a puppet President.
This man that claims to be a great listener is tone deaf when it comes to the people that can least afford the greatest inflationary market driven product in the world. Oil and the price of it effects practically every product made in the United States. From your vegetables getting from the fields in California to the local supermarket in New England, to anything made with plastics. Take a break, look around you computer desk or just around your living room. The wires insulated with PVC that burn the lamps that you read or watch television by are oil based. The cabinet to your television, the keyboard of your computer and most of the parts inside of it, stereo, DVD player, surround sound speakers, the sneakers on your feet, the bottled water container that you drink because it supposed to be good for you. Just for giggles make a list, when you get over one hundred items in your living room, move to the kitchen. Take a deep breath and get ready for writers cramp. All of them are oil based products in one form or another. Everything in our society is linked to oil and the higher the price goes it seems the wider the smirk on W gets.
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Filed under: BIO, President Bush, Economics, capitalism
