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POPSDemocrats Plan To Reduce Gas Prices: Buy OPEC Oil? "Releasing oil from the Reserve is a tool to manage our national and economic security, and when judiciously used will in no way jeopardize national security," the California Democrat wrote. Thus, Democrats favor exploration of the SPR, which is supposed to be used only for catastrophic shortages, but believe that drilling for oil in the U.S. is "a hoax". Can someone explain to me why Democrats only hate oil that's made in America? Update: "Obama releases Exxon ad and hopes no one notices it's a lie"... You just can't make this stuff up... Despite his new TV ad, Barack Obama has received more money from Exxon and Mobil employees than Senator John McCain. Update II: "Tire-Gauge Industry Pumps Up Obama Campaign Coffers."
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POPSPelosi Wants to Save the Planet? Democrats want no oil from the American OCS or ANWR. But of course they do want more oil. From OPEC. From where Americans don't vote. From places Democratic legislators can't see. On May 13 Sen. Chuck Schumer -- deeply committed to saving just those pieces of the planet that might have huge reserves of American oil -- demanded that the Saudis increase production by a million barrels a day. It doesn't occur to him that by eschewing the slightest disturbance of the mating habits of the Arctic caribou, he is calling for the further exploitation of the pristine deserts of Arabia. In the name of the planet, mind you. The desire to swing a cluebat at these twits is strong....
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POPSDemocrats And Gasoline that they must have some gall to criticize creationism when they in fact subscribe to its economic equivalent. But as I wrote last week, I don't really think they are this ignorant. They're providing a rhetorical distraction to the fact that they want high gas prices, probably higher ones than we have right now. Meanwhile, in order to deflect and even harness consumer anger in the political arena, they can send out Chuck Schumer to put on this dog-and-pony show about the phantoms that are secretly directing the economy from behind closed doors. It's a smokescreen. As an energy consumer, you should be a lot more concerned about what Democrats are doing in the open Senate chamber. The gas crisis finally hit Capitol Hill with full fury this week, and Senate Democrats have launched a plan that sounds ambitious: Take on Wall Street speculators, OPEC, price gougers and Big Oil. http://www.politico.com/news/stories/0408/9967.html
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POPSHow Chuck Schumer Set Off A Bank Panic
or employee of a bank which Schumer decides to attack. Indymac Bank was having trouble, of course, before, but nothing as serious as a bank run. Bank runs, after all, are very rare in modern history. So why a 30s style bank panic now? Why Indymac? Because the left hated them. Indymac has been in the crosshairs for some time. The trial lawyers started going after them about a month ago. Not long after that, Schumer started sending letters to regulators attacking Indymac, questioning the financial viability of a bank which he had never examined. Neither Schumer, nor any of his staff even bothered to contact Indymac with any questions. Unsatisfied with the response, Schumer leaked his letters to the press. The local paper in Pasadena (where the bank is located) played along, and ran the story with a headline strongly suggesting insolvency. Of course, the next day depositors lined up at the door and started withdrawing money. Over the next 11 days, $1.3 billion came out. Indymac.
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POPSDems stand with Freddy and Fannie during housing scandel IT appears there is not a shady deal Obama's party does not like. They seem to have their fingers in everything that is bad for America, and by inference good for themselves. I guess lining one's own pocket is the goal of government office holders and leading the pack is the Pelosi, Schumer white house. Obama is not stain free in this one either for apparently he was cozy with ACORN in Chicago. I do not know if it is just me but does it seem like all of Obama's major associations are implicated in some sort of nefarious activity? So much for change. Seems like business as usual to this old bird.
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POPSChuck Schumer Causes $1.3 Billion Run On IndyMac: Bank Failure Results In other words the bank failed in large part, not because of the admittedly poor loan underwriting policies they used, but because they lacked the liquidity to cover the sudden demand for cash cause by Mr. Schumer’s bank run. Yep, old Microphone Mouth has been at it again. It is very possible that IndyMac might have failed anyway, they were engaged in some very dumb practices like giving “Alt A” loans (loans in which the borrower is not required to provide proof of income), but there can be no doubt that the immediate failure of IndyMac was caused to a very large extent by the despicable actions of a publicity seeking, grandstanding, Liberal jerk, who, like all Liberal politicians, was far more interested in what he might gain politically from the bank’s failure than he was about what the failure might mean to the banks stockholders, employees, and customers. Senator Schumer’s actions were reckless and inexcusable given his position on the Senate Banking Committee.
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POPS Dubai's Favorite Senators Senator Maria Cantwell (D., Wash.) has been threatening to hold up appointments to the Commodity Futures Trading Commission until the CFTC increases regulation of oil trading. According to the Almanac of American Politics, "successfully worked the phones" in 2005 to round up enough colleagues to block drilling in the Alaskan wilderness. Her counterpart in the House is Michigan's Bart Stupak, who claims special credit for a permanent ban on drilling in the Great Lakes and has also cast votes against exploration in Alaska and off the California coast. Then there's New York Senator Chuck Schumer, another staunch opponent of new domestic oil supplies. Mr. Schumer has egged on the Federal Reserve's rate-cutting binge that has contributed so much to the oil price spike.
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POPSSenator Schumer Channels His Inner Winehouse Winehouse, whose struggles with substance abuse caused a media firestorm — won six Grammy’s last year on the strength of her song “Rehab,” which containes the hook Schumer took such glee in repeating. The world’s greatest deliberative body indeed.
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POPSThe "No-We-Can't" Left in Congress the Saudis, following President Bush's visit, agreed to boost their oil output by 300,000 barrels a day. It won't fix the problem, but at least it won't make it worse, which is exactly what liberals in Congress did last week. As Americans, we all need to ask ourselves the following: Which is it -- the Congress or Saudi Arabia -- that has a greater obligation to ease our energy prices? And which is the greater obstacle to energy independence and security? The Left's Answer: More Pain, Not More Production As I mentioned, the higher energy prices Americans are paying are the equivalent of a huge tax increase. One economist calculated that the price of oil rising from $80 a barrel to $100 a barrel had the same effect on Americans' pocket books as a $150 billion tax increase -- and the price of oil has risen an additional $27 since then!
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POPSNo Gas Price Relief In Sight Global demand will continue to increase, not just through the summer, but forever. The only answer is to increase supply (domestically if we can't get it on the global market) while continuing investments in research and development and upgrades to our aging infrastructure.
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POPSSubsidies And High Crop Prices Dooley says the net impact is bad for the food producers he represents. "For most American farmers, they're producing commodities—they're seeing their best years ever. But for farmers that have to feed grains and corn to livestock, they're seeing very tough times.... The policy is having a significant adverse impact on a significant sector of our agriculture, while I admit it is helping some farmers." These higher costs are also seen in consumers' grocery bills, and that has made ethanol subsidies an issue in Washington. Democratic Sen. Chuck Schumer of New York this month proposed legislation that would end the 54-cent-per-gallon tariff* as a way to stop a spike in milk prices. "There are a lot more milk consumers than ethanol producers in New York. He's hearing an earful from his constituents," Griswold says of Schumer. *The federal government gives preferential treatment to domestic, corn-based ethanol in the form of a 54-cent tax on imported Brazilian ethanol.
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POPS The Battle Between Taquiya And Talk Radio The odious Council on American-Islamic Relations (CAIR), a group that could be the legal arm of al-Qaeda. Although CAIR’s machinations usually go unmentioned by the mainstream media, for quite some time now it has been training its sights on anyone who would tackle the Islamic threat with manly strength. It has carried out campaigns against National Review magazine radio personality Paul Harvey, the producers of the television program 24 and many others who dare say the sultan has no clothes And now it is targeting award-winning radio talk show host Michael Savage Liberal democrats: “ unusual in its extreme rhetoric and its associations with groups that are suspect.” – Senator Richard Durbin “We know has ties to terrorism . . . intimate links with Hamas.” – Senator Chuck Schumer “Time and again has shown itself to be nothing more than an apologist for groups bent on the destruction of Israel and Islamic domination over the West.” – Congressman Bill
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POPS Michael Mukasey Confirmed As Attorney General He sentenced Omar Abdel Rahman, known as the "blind sheik," to life in prison for a plot to blow up New York City landmarks, and he signed in 2002 the material witness warrant that let the FBI arrest U.S. citizen Jose Padilla. That warrant marked the start of a case that wound its way through several federal courts as the government declared Padilla an enemy combatant and held him for 3½ years before he was convicted last month on terrorism-related charges. In an opinion article in The Wall Street Journal, Mukasey criticized U.S. national security law as too weak in some areas by noting that prosecutors are sometimes forced to reveal details of cases at the risk of tipping off terrorists. He is also a supporter of the government's anti-terror USA Patriot Act, wryly writing in 2004 that the "awkward name may very well be the worst thing about the statute."
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POPSIs It Possible That Bush is Sociopathic?
I am beginning to believe that George W. Bush is sociopathic. After knowing that the story of the Gonzalez bed side harassment of former Attorney General Ashcroft, and all the other evidence piling up against this man, Bush can actually stand there and say that Gonzalez has done nothing wrong and that the Democrats are engaged in political Theatre. This is a truly disturbing situation that goes way beyond politics as usual. I can understand if Bush tried to spin the bedside visit to Ashcroft, but to just ignore it as if it had never happened, and to say he did absolutely nothing wrong demonstrates a complete lack of comprehension between right and wrong. But then again, why am I surprised. This is a man who claims to always be on the side of life and yet officiated over the largest number of executions in any state, including that of a retarded man and a teenager. He also is capable of discussion the carnage in Iraq with a sickening smirk on his face. This man is terribly sick.
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POPSAlberto should Go Isn't this George's second AG that had a cloud around him. I can't imagine why he doesn't resign. There is a concept in the law called avoiding even the "appearance of impropriety." I am not a big Chuck Schumer fan, but he's right.
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POPSIraq like Vietnam, says Bush Asked whether he agreed with Friedman's summary , Bush said, "He could be right. ... There's certainly a stepped-up level of violence, and we're heading into an election."
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