Delaware and National Politics from the Center-Right. Formerly First State Politics.
Posted in Conservatism, Economics, Entitlements, Liberalism on Jul 19th, 2008
…At least we stopped paying for this year. Cost of Government day came this week. “Cost of Government Day (COGD) is the date of the calendar year on which the average American worker has earned enough gross income to pay off his or her share of spending and regulatory burdens imposed by government on the […]
Posted in Antiwar Left, Armed Forces, Budget, Conservatism, Defense, Deficit, Economics, Election 2008-President, Foreign Policy, Iraq, Liberalism, Military, National Dems, Obama, Spending, Taxes, Uncategorized, Universal Healthcare on Jul 10th, 2008
Tuesday’s L.A. Times has an article by Peter Nicholas titled: “Adding up the cost of Obama’s agenda.”
Here’s a quote from the article:
Among other proposals during the course of the campaign, Obama has said he would strengthen the nation’s bridges and dams ($6 billion a year), help make men better fathers ($50 million a year) and […]
Posted in Economics on Jun 27th, 2008
This is my answer to my friends who disagreed with me on the Blue Water Wind deal.
Byron W. King, a respected market analyst said the following:
The price for oil has barely budged based on the Saudi Summit. There has been no summer sell-off, and I’d be surprised to see a significant pullback as the summer […]
Keeping our faithful abreast on the oil-speculation commodities markets.
The link is a good article by Rex Nutting & Michael Kitchen of MarketWatch.com that also explains some terminology that may help better define where people stand on this issue. If you do follow the link (recommended), let the first four paragraphs sink in and note the […]
Posted in Economics, Regulation on Jun 13th, 2008
According to Bloomberg News service, Senator McCain has started to inquire about the speculative nature of the recent oil price rise.
Presidential candidate John McCain said that while demand is the main reason for rising oil prices, speculators have contributed to the increase.“There’s a certain speculator effect here; how big that is is impossible for me to judge,” […]
Posted in Economics, Environment, Regulation, Taxes on Jun 11th, 2008
I hate paying so much for energy. I hate paying so much at the pump. I hate higher electric costs which seem to have no end in sight. I hate seeing friends go without heat for days because they can’t afford fuel oil. I want to see something done about it. The question is what?
The […]
Posted in Economics, Foreign Policy, Guest Posts on Jun 11th, 2008
Guest Post By Annie Mountain
What happens when America is so bankrupt, so overextended, so wide open to take over???????? In case you are not watching the news in the evening and don’t venture anywhere else besides the News Journal, now hear this – the Chrysler Building, one of America’s most recognized building is for sale. An […]
Posted in Antiwar Left, Armed Forces, Business, Change, Competition, Conservatism, Deficit, Economics, Election 2008 - Delaware, Election 2008-President, Entitlements, Foreign Policy, Global Warming, Growth, Iraq, Liberal Media, Liberalism, National Dems, National GOP, Reform, Regulation, Spending, Taxes on Jun 4th, 2008
There comes a time in all men’s lives when they are downtrodden, where they see nothing but dead-ends and roadblocks ahead, when they feel that all their endeavors are doomed to failure, and that all hope is lost. Fortunately though, those times are few and far between for Americans, and even then they seem to […]
Posted in Economics on May 19th, 2008
The food and energy commodity markets are quickly losing any connection to pure supply-and-demand pressures. In some cases, that disconnect has already long passed us by.
There are many thoughts and proposals to correct this. I don’t think many will work until one basic element is affected:
Make the market less inviting to the typical speculator.
Due to […]
Posted in Economics on May 9th, 2008
NOW I can post this (David A corrected my use of gas v. distillates last time) . If you haven’t seen it, we truly have $4/gal gas now. The lone service station in Delaware City and the Exxon (go figure) at Mt. Pleasant/Summit (Boyd’s Corner Rd and Summit Bridge Rd) both now boast $4 + /gal for […]
