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POPSPalin Invokes God to Justify Iraq, Pipelines. What a....Repukelican. ..no I won't say what I really think. There are women here I respect too much...But not Sarah, or Cindy McCain or Laura Bush--any woman who can cleave to men like that doesn't deserve MY respect.
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POPSPossible Big Three Bailout: Political Context Pearlstein, a columnist for the Washington Post, weighs in on likely action inside the Beltway on auto biz. Later in the column, he concludes that "the best of a set of bad options might be for the government to step in and provide the Big Three with low-interest long-term loans, just as it did years ago with Lockheed and Chrysler." Note: GM's market capitalization is just under $6 billion, a shocking number given the company's $171 billion in latest-twelve-month revenues. Google's market cap is $144 billion.
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POPSPalin's Church May Have Shaped Controlversial Worldview Go to the article to watch the video of Palin's speech. I wanted to watch the recorded sermons of Palin's Assembly of God pastor, Ed Kalnins at http://www.wasillaag.net. The server was overloaded. Audio and Video Archive Due to the high volume of simultaneous requests our server has temporally reached it's capacity. Please try again later.
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POPSGreentech IPOs There has been an increase in the number of initial public offerings by greentech companies the last few months, but unfortunately many were not successful.
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POPSThe Return of the Robber Barons Another deceit is the measure called “core inflation.” This measure of inflation excludes food and energy, two large components of the average family’s budget. Wall Street and corporations and, therefore, the media emphasize core inflation, because it holds down cost of living increases and interest rates. In the second quarter of this year, the Consumer Price Index (CPI), a more complete measure of inflation, increased at an annual rate of 5.2 per cent compared to 2.3 per cent for core inflation. An examination of how inflation is measured quickly reveals the games played to deceive the American people. Housing prices are not in the index. Instead, the rental rate of housing is used as a proxy for housing prices. More games are played with the goods and services whose prices comprise the weighted market basket used to estimate inflation. If beef prices rise, for example, the index shifts toward lower priced chicken.
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POPSMcCain=Dial-Up, Obama=Broadband? That's what some Congressmen are arguing at the DNC. Obama's recent text-messaging campaign has given him a tech-savvy halo, but will he continue such strategies if elected?
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POPSGreen technology creating 'green collar' jobs I stand strongly behind my belief that if this country committed ourselves to becoming energy independent with the same determination that we committed to putting a man on the moon, that we could do it and we could create millions of new jobs in the process. It would be an enormous driver of economic growth and strengthen our leverage in the Middle East because we would no longer be reliant on their oil.
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POPSPelosi: Oil Companies Should Pay Royalties The government grants private companies “leases” for the resources in exchange for a portion called a royalty. Democrats have been clamoring for legislation that allowed oil companies drilling in the Gulf of Mexico in 1998 and 1999 to pay a reduced royalty even though the price of oil had risen substantially. The royalty break was an incentive to drill amid low oil prices. Democrats have suggested that companies be required to repay the back royalties if they want federal leases in the future. Republicans have called that a breach of contract with the drillers. In addition, The Denver Post reported Sunday that federal investigators are preparing to release a report detailing improper relationships between Interior Department officials who oversee offshore drilling and oil executives, including golf outings, ski trips and romantic liaisons. Also, Pelosi has been pushing to end tax breaks granted to oil companies.
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POPSPelosi's Poison Pill Plan on "Energy Independence" Less capital will flow into energy exploration and refinement, supply will be constrained, and prices will rise. Those causal linkages aren't matters of partisan debate; they're simple and incontrovertible matters of economics. Still, as much recognition as Pelosi deserves for championing illogical policies for their own sake, I suspect the inclusion of these punitive measures in her new "plan" serves a simpler purpose. Namely, to make whatever "comprehensive" bill might emerge so unattractive that it will lose the bipartisan support enjoyed by the singular matter of whether or not to permit offshore drilling.
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POPSGermany's Small Town Power Solution They actually sell their excess power at a premium to the grid. Without the laws Germany has on the books, America does not have these laws, it would not work. Now it works because people realize, there are jobs and money to be had, plus energy independence and environmental protection. Daenemark is one of the Scandinavian Countries where this also is wide spread. Too bad, America is so far behind in laws and environmental protection.
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POPSObama's Fair Tax Mr. Warren, a man of the cloth, has done us a great service by asking the candidates to answer a pretty secular question: What kind of income makes an American "rich"? Maybe in the more secular setting of an upcoming debate, one of our nonpastor moderators could ask the candidates the moral question: What specific rate of individual taxation would it take for the rich to be paying their fair share?
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POPSMayor Bloomberg advocating alternative energy for NYC This is an example of the forward thinking, innovative leadership that Mayor Bloomberg has provided to New York City. I'm certainly a fan of term limits, but this is one person i sure hate to see move on...although i would love to see him be a major player in the next president's cabinet. I imagine that if Obama wins, that is a very real possibility.
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POPSOil: An Industry in Crisis? Not sure if that's the case--crisis might apply to the financial services industry right now--but it's certainly an interesting article.
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POPSWindy NIMBY An intriguing story about the wind energy industry in upstate New York. Now, corruption, if it's happening, is a legitimate concern. And I can see how a constant humming would be annoying. Vertigo, etc. But I'm not sure I understand the "destroys scenic views" complaint. I mean, windmills look really cool.
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POPSTwo Large Solar Projects Planned for California While I'm not extremely keen on these sort of plants -- there's no real reason to centralize solar generation like this -- it's nice to see that solar's being taken seriously. Given recent advances in photovoltaic technology, the price is coming down enough for it to be put anywhere the sun shines. In other words, there's no reason to use up huge expanses of land when you can do the same thing on rooftops. Still, any time new generating capacity comes from green tech, it's good news.
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