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POPSWall Street Likes The Bailout Plus Drill, Drill, Drill
But my thought is that a Senate victory might just blow Pelosi out of the water and open the floodgates to Democratic defections in the House. If a drilling bill ever passes Congress, oil prices will keep on plunging — perhaps all the way to $75 a barrel, which is the profitable break-even point for lifting the extra barrel of oil. That would drive the Dow to somewhere between 15,000 and 16,000, and it would have a huge tax-cut effect on the economy. And, of course, it could completely change the November election outlook in a highly favorable way for the GOP. The conventional wisdom says Republicans are gonna get clobbered again this fall. But drill, drill, drill would overturn that wisdom. More drilling today would have the potency of the Reagan tax cuts 28 years ago in the 1980 landslide race. But the GOP has got to make the case. And deregulating oil, which is great policy, would offset much of the bad policy pain coming out of the Fannie-Freddie housing bailout.
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POPSTaxpayers pay for rep's big-screen TVs FTA: Jackson spokesman Kenneth Edmonds said the TVs were purchased through “established, regular procedure” with MRA funds Jackson had left in his account at the end of the year. “They replaced older, bulkier and more cumbersome sets, making it easier for the staff to monitor local and national news as well as to participate in teleconferences,” he said. Rep. Jim Moran (D-Va.) bought 17 hard drives and a laptop for his staff. Rep. George Radanovich (R-Calif.) paid $734 for a video camera. Rep. Patrick J. Murphy (D-Pa.) spent $535.76 to repair a letter-folding machine. Last year, Majority Whip Jim Clyburn (D-S.C.) treated his colleagues to $1,864.18 worth of barbecue from Red, Hot & Blue and $1,425 of Chinese food from the Meiwah restaurant.
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POPSBush HHS Tries End Run on Abstinence-Only Funds In days of old, when knights were bold, And condoms weren't invenyed, They wrapped their socks, around................................................! The same will apply in America if this joke gets more votes than laughs.
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POPSBy hook or by crook, I WON! Indian government wins confidence vote... The drama that had unfolded involving the monumental corruption and horse trading of the MPs all across the parties, that were highlighted by the national media before the no-confidence motion, is a monumental shame to the congress-led Govt... The poor common man looks on, feeling furious and frustrated and this is the so-called largest Democracy in the World, my dear Watson!
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POPSPickens' words more than just wind I heard this man's advertisement and thought "This is what we're looking for." Big Oil is criticized for their massive profits. This man has made $$ and wants to use it to reinvest in "renewable energy". He makes sense. When the Sierra Club supports him you know he must be on the right track. Hopefully Democrats in Congress will recognize a win/win solution and even encourage others.
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POPSIf An Oil Man is Saying It... It has to make you think just how out of touch our government is with reality, when a "big oil" tycoon is telling Congress we need to invest more in alternative energy to ween ourselves off of foreign oil. Maybe Bush will listen to one of his own. Or maybe that's putting too much of an assumption on Bush being intelligent, which is a BIG assumption.
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POPSREAL ID, A Real Threat to Gun Rights Gunowners of America has stated the same, but this article shows how. Like the Social Security card, now used as a national identifier for non-related purposes, REAL ID would morf beyond its stated purpose (because the SSN is one of its central components).
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POPSText of McCain Editorial rejected by the NY Times This editorial was a written response to Obama's editorial. It was rejected. continuing.. "Perhaps he is unaware that the U.S. Embassy in Baghdad has recently certified that, as one news article put it, “Iraq has met all but three of 18 original benchmarks set by Congress last year to measure security, political and economic progress.” Even more heartening has been progress that’s not measured by the benchmarks. More than 90,000 Iraqis, many of them Sunnis who once fought against the government, have signed up as Sons of Iraq to fight against the terrorists. Nor do they measure Prime Minister Nouri al Maliki’s new-found willingness to crack down on Shiite extremists in Basra and Sadr City—actions that have done much to dispel suspicions of sectarianism."
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POPSPelosi should look in the mirror This from the woman who has protected a war criminal who, if Bush is ever tried as one or impeached, ought to be tried and impeached/recalled as an enabler, as harboring, protecting aiding and abetting a war criminal. This from a woman who on occasions has appeared to be lusting over or hero worshipping him. This from a woman who also appears to have had a demented school-girl crush on a virtual monster.
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POPSPelosi blocks vote on Bush request to lift ban... This is so typical of Pelosi and her fellow Democrats in Congress. She won't even allow it to be voted on!! She will do whatever it takes to continue to stonewall this Administration...no, the democratic system...with her refusal to allow the process to move and bring this to a vote. Why? Because she would lose! FTA: "In the House, the power rests in the speaker, the power of recognition, of setting the agenda. ... Very different rules,"
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POPSLawmakers Could Consider Gas Tax Hike Just three years ago, that trust fund enjoyed a surplus of $10 billion. Even without a tax freeze, the fund is projected to finish 2009 with a deficit of $3 billion. That that could grow as Americans drive less and buy less gas because of higher pump prices. The consequence is that only about $27 billion in federal money will be available next year to states and local governments for new infrastructure investment even though the current highway act calls for spending $41 billion a year. For many, the solution is to raise rather than suspend or cut federal fuel taxes, which haven't changed since 1993. The Transportation Construction Coalition, a group of industry companies and unions, said that if Congress does not do something about the shortfall, states will lose about one-third of their road and bridge money in the budget year starting Oct. 1. That would put 485,000 more jobs at risk.
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POPSPelosi: The Power Of One "In the House, the power rests in the speaker, the power of recognition, of setting the agenda. . . . Very different rules," Pelosi said. Acknowledging her ability to influence decision-making, Pelosi said in the CNN interview that she gets to operate differently than her Senate counterpart, Majority Leader Harry Reid of Nevada. Reid must reach out to Republicans to muster 60 votes — enough to stop a filibuster — to get anything done. It's an example of the vast power placed in the office of the speaker, who sets the agenda for the 435-member House. Members can force a vote if enough of them sign a petition, but that's a rarity because it requires rank-and-file Democrats to line up against their boss. In this case, Pelosi is going against a rising tide of public opinion. Faced with rapidly increasing gasoline prices, 73 percent of Americans now favor offshore drilling, according to a poll conducted by CNN/Opinion Research Corp.
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POPSBush Impeachment Article to get Hearing "Committee chairman John Conyers of Michigan put it this way. Over the last seven plus years, there have been numerous credible allegations of serious misconduct by officials in the Bush administration. At the same time, the administration has adopted what many would describe as a radical view of its own powers and authorities. As chairman of the Judiciary Committee, I believe it is imperative that we pursue a comprehensive review commensurate to this constitutionally dangerous combination of circumstances. Next Friday's hearings will be an important part of that ongoing effort"
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