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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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POPSObama’s $50 Billion AIDS Bill Up For Vote However, the United Nations over the years has greatly exaggerated the number of those with HIV/AIDS and it is still difficult to get accurate estimates of the problem. Richard Darling of the FAIR Foundation told AIM on Friday that federal funding for most diseases is being cut back while spending on AIDS is continuing to rise. fairfoundation.org/ On Friday, the Senate voted 65-3 to proceed to floor action on the bill, with many members absent or not voting. Those voting to invoke cloture and proceed included Senate Republican Leader McConnell. However, this does not mean that all of those voting to bring the bill to the Senate floor will support it when a final vote on the actual legislation is taken. Some lawmakers have been intimidated by AIDS activists coming to Washington to deliver funeral wreaths to those standing in the way of the passage of the legislation. Opponents of the bill have been labeled as “Global AIDS Super villains” by the homosexual lobby.
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POPS3 Myths About Offshore Drilling "Sen. Mitch McConnell (R-KY) claimed "not a drop of oil was spilled during Katrina or Rita." This myth has been told again and again by the likes ofGov. Bobby Jindal (R-LA), Interior Secretary Dirk Kempthorne, Mike Huckabee, George Will, and Bill O'Reilly. There were, in fact, major onshore and offshore spills due to the hurricanes."
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POPSThe true heart of the conservative movement Of course as tends to be the case with Helms' most repugnantly racist bile, he said that a good ways back in the past. But even at that time, most Americans managed not to be repugnant racists. But not Helms. And unlike a lot of people who did take the white supremacist line in the 1950s and 60s, Helms never apologized and, indeed, never backed down doing things like mounting a filibuster against making Martin Luther King Day into a federal holiday. Remarkably, mainstream American conservatives are eager to tell us that this man is their hero. Even more remarkably, you sometimes hear conservatives talk about reaching out to black voters.
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POPSSenate Leader Losing It It offers pretty stunning evidence of how personally petty Reid is, as well as his penchant for defining “partisanship” as anything that keeps him from getting his way. The Senate was voting on a Medicare bill bloated with new spending. The bill was also an attempt to prevent cuts in payment rates to doctors who treat seniors on Medicare, and Democrats wanted to pay for that by taking the funds from Medicare Advantage, a private fee-for-service plan. The president would likely have vetoed the bill in its current form and Senate Republicans opposed the gutting of Medicare Advantage, so Senate Republicans blocked the bill. The trouble is that if the Senate doesn’t resolve the issue very soon, doctors will stop receiving Medicare funds. So Republicans proposed a 30-day extension to allow more time to hammer out a compromise. Democrats blocked the proposed extension. The impasse here caused Reid to go apoplectic on Mitch McConnell (I’ve highlighted the juicy parts):
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POPSGreat! Sewage Plant Might be Renamed after President Bush His name shouldn't go on schools because he is dumb. It shouldn't go on hospitals because he's heartless. It shouldn't go on anything associated with peace because he's a warmonger. It shouldn't go on bridges and construction projects because of Katrina. But putting Bush's name on where we send all the shit sounds fitting, as if he would find it like home.
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POPSA Clear Majority Of Americans Want To Drill Here Al Gore, philanthropist, Climate activist, and winner of the Nobel Peace prize, is the single greatest advocate in the war against humanity. Millions of innocent lives, people whose only crime is being poor. We need to protect not only others wellbeing, but our own freedoms, our own rights. We need to defend ourselves from Eco-Terrorist ideas, perpetuated by cheap theatrics and scaremongering. We need to defend ourselves against Eco Evangelist Al Gore. Energy Independence: President Bush asks Congress to lift the 1981 drilling ban on offshore oil. The no-drill Democrats will call it flip-flopping. We call it change you can believe in. The Democratic response to Republican determination to end our dependence on foreign oil has been to call for more taxes on oil companies and to pressure, even sue, OPEC. A group of 10 Democratic senators on Tuesday called for Bush to file a complaint against OPEC. http://www.smartgreenusa.com/
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POPSThe Global Warming Bubble Finally, there's the global-cooling spell. The world hasn't been warming since 1998, and an article in the journal Nature says warming won't pick up again until 2015. Since global warming is a long-term trend, a decade-long or more stall in temperatures doesn't mean much -- except that environmentalists have banked so much politically on whipping up hysteria based on imminent catastrophe. The stall in temperatures shows how little we know about global warming. No matter what the price of gas is, the most sensible policy in the U.S. is to avoid costly schemes to fight global warming. If our economy keeps growing, we will be better positioned -- richer, and more technologically proficient -- to help others mitigate its effects decades from now. Senate Majority Leader Harry Reid huffs that global warming is "the most critical issue of our time." Really? More critical than energy prices? Than health care? Than wages? Than terrorism? Than nuclear proliferation?
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POPSThe Decline Of The Senate Senator Specter, age 78 "The American people live under the illusion that we have a United States Senate. The facts show that the Senate is realistically dysfunctional. It is on life support, perhaps even moribund. The only facet of Senate bipartisanship is the conspiracy of successive Republican and Democratic leaders to employ this procedural device known as filling the tree. It is known that way to insiders, and it is incomprehensible to outsiders." The device was used last week when Reid called up the bill to control global warming, producing the state of futility that has haunted Reid's year and a half as majority leader. Characteristically, Reid neither found support to pass this bill nor attempted a compromise with opponents. Debating an energy tax as gasoline prices hit four dollars defied political logic. But Sen. Barbara Boxer, chairman of the Environment Committee, insisted. Reid bowed to her.
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POPSFREE EMAIL S2284 THE SENATE VOTE FOR DOMESTIC ENERGY PRODUCTION What the McConnell amendment would do: •Produce up to 24 billion barrels of oil when fully enacted—enough oil to keep America running for 5 years with no foreign imports. •Allow petitions for leasing activities on the Outer Continental Shelf—an area with 14 billion barrels of known recoverable oil. •As no new refineries have been built in the U.S. in 30 years, give the EPA authority to expedite permits for refineries •Establish a competitive oil and gas leasing program for ANWR •Repeal the $4000 fee for new permit applications to drill. •Repeal the 2007 provision that reduces mineral leasing revenue payments to the states. •Repeal the moratorium on funds to encourage the commercial leasing of oil shale. Isn’t it time Congress came to its senses and voted for U.S. domestic energy production?
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POPSBill To Increase Domestic Oil Production Included in the legislation is a measure authored by Senator Jim Bunning which would establish a program to help support and promote clean, coal-to-liquid fuels. “I appreciate Senator Bunning’s leadership on the issue of promoting greater use of technology to convert coal into liquid fuel,” Senator McConnell said. “The more fuel derived from coal we can use, the less oil we will need, thus reducing prices at the pump.” Coal is a vital part of America’s energy production, and an important part of Kentucky’s economy and history. The coal industry creates over 60,000 jobs in Kentucky, including approximately 15,000 coal miners. Over half of the country’s electricity is generated by coal, and coal constitutes over 90 percent of America’s fossil-fuel resources.
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POPSCould Earmark Moratorium Really Be On The Way? The GOP may be falling behind the Democrats, with House Speaker Nancy Pelosi moving toward a moratorium. In the Senate, courageous freshman Democrat Claire McCaskill of Missouri supports the DeMint amendment. She could be joined by her choice for president, Barack Obama. These developments encouraged Flake to say: "If Democrats actually move ahead with an earmark moratorium before Republicans, the Democrats will get the credit for eliminating earmarks, and, frankly, they'll deserve it."
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POPSFormer DIA Director: Bush veto of anti-torture bill "a mistake" "good interrogators don't need those techniques"- DIA agent laughed "at the idea that anyone would be so incompetent as to use any of these techniques." Rebukes Perino and would fire McConnell (Dir. Natl Intel) - Retired Army Lt General Harry E Soyster, Director of Defense Intelligence Agency during Desert Shield/Storm
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POPSCongress Finally Challenges Bush on Spying Finally the fear-mongering is being proven overblown and that there is plenty of latitude within the Constitution for even domestic spying, with a WARRANT ISSUED UPON PROBABLE CAUSE. Question: If there is plenty of means by which to conduct LAWFUL domestic spying, then why does Bush government REALLY want greater lattitude? The only answer is to enable spying without accountability or any record of doing so...against any citizens they want!
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POPS Democrats Juggle Iraq, Economy (continued) there is also less pressure on them to back a withdrawal from Iraq, Republicans say. While Democrats say they plan to keep the pressure on the Bush administration to change course in Iraq, they are now emphasizing the economic impacts resulting from the war’s costs. Their base appears to be resigned to the fact that Congress won’t be able to force a change in military strategy this year and is instead planning a series of ads to make Republicans pay for their war support at the polls. The coalition, which calls itself the Iraq/Recession Campaign, is seeking to tie the downturn in the economy to the war costs, and plans also to target Republican senators up for reelection, including Susan Collins (Maine), John Sununu (N.H.), Norm Coleman (Minn.) and Minority Leader Mitch McConnell (Ky.). The coalition includes MoveOn.org, the Service Employees International Union and the Center for American Progress.
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POPSExecute Branch Continues Domestic Spying Despite Sunset of PAA The "Protect America Act" expired last Sat, but the White House, complicit with the new AG Mukasey and National Intel Director McConnell (both neocons) says it will continue (law-breaking) domestic spying "for now", along with help from the Telecom fascist corporations under the pretense of defending against "terrorists who want to kill us all" --while there is no evidence of credible threats or attacks, and the Constitution and law is trampled. This is nothing less than Federal Anarchy! Why should citizens obey the law, if the feds and Executive in particular, do not?
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POPS"More Lies From The Bush Fascists" Global Research "Bush and his director of National Intelligence, Mike McConnell, are telling the American people that an unaccountable executive branch is necessary for their protection. Without the Protect America Act, Bush and McConnell claim, the executive branch will not be able to spy on terrorists, and we will all be blown up. Terrorists can only be stopped, Bush says, if Bush has the right to spy on everyone without any oversight by courts."
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POPSLet the discussion continue I am glad that the House of Representatives refused to make that awful surveillance law permanent. I was listening to Mike McConnell, director of national intelligence, this morning on Morning Edition and what he was saying made no sense at all to me. He kept going back and forth between it being about giving immunity to telecommunications companies to protecting the country. I am sure there are other ways to conduct surveillance. At least they can continue "debating" the issue.
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POPSU.S foes target Latin America They ARE moving in; regardless of what some are trying to say. With Iran's help and the money already in oil-rich Venezuela, the thugs, drug lords and terrorists-for-hire are growing. Sadly, since our government doesn't act against the open threats made against the United States on the world scene, our southern borders will become much like what we see in Israel.
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