Energy Independence
Thursday, January 29th, 2009A List of Bills Democrats Should Pass
Since Republicans keep playing partisan politics as they have egregiously for the past 8 years (and further, the past 8 years have just been the worst), I think the Democrats should start pushing bills through Congress that will be very difficult to vote against.
Here’s my list:
The Banking Responsibility Act - To restore regulations to protect […]
Thursday, June 12th, 2008Oil Demand Falls, Prices Go Up
It’s getting harder and harder to find actual news amidst the advertisements, but every now and then a few facts slip by. This piece was one of the most interesting I’ve seen in a long time.
It has to do with the price of gas.
From Bloomberg:
“Refiners are managing the crude supply they have on hand because […]
The Federal Reserve’s Contribution to Inflation
Though I’m not in favor of a gold standard, it’s interesting to hear Ron Paul talk about how printing more money makes prices higher for the average American.
Think about it this way, if you look at the price of oil in terms of gold, it has remained almost unchanged over the past several years. […]
A Crisis of Confidence: Part II
Newsweek just published an article about how a lack of confidence doomed Bear Stearns.
Here are a couple of interesting points from the article:
“A company is only as solvent as the perception of its solvency,” Oppenheimer analyst Meredith Whitney
Bernanke declared the subprime crisis contained last year even as it was metastasizing
The administration has been out of […]
A Crisis of Confidence
Not long ago, President Bush visited Saudi Arabia to ask the Saudis to turn up the spigots.
The Saudis, however, didn’t bite and stated that the price of oil may be the least of our concerns.
”The concern for the U.S. economy is valid, but what affects the U.S. economy is more than the price of oil,” […]