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POPSCartoon Hero Will Save the Day
“In the past three months, average consumer spending on energy came to $663 billion, or 6.5 percent of total consumer spending. A year ago, it represented 5.8 percent.” In simple terms: “If gasoline breaks through $4 a gallon by Memorial Day, that would mean spending on gasoline would have risen by $100 billion since the beginning of the year, or roughly the size of the tax rebate checks going out.” According to Monday’s Providence Journal, “The United States, with the lowest fuel efficient vehicles and longest average commutes in the world, is the only major industrialized country to witness a surge in oil consumption since the severe oil shortages of the 1970s and the 1980s.” While European nations have taxed fuel to pay for other more efficient forms of transportation, the U.S. has taken an Underdog approach to the problem; swooping in with borrowed cash to pay the ransom oil companies demand on our transportation and heating needs. Next week President Underdog will begin mai
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POPSFrom the HighTower Lowdown Got a political bone to pick with the president of America? Need some more ammo? U've got it right here, partner.. Yee haa.. !!!
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POPSBill To Open Refuge To Drilling If Crude Hits $125 "The goalposts of what's reasonable have moved quite a bit lately," Halff said. "One hundred and twenty-five dollars is just $15 away. It doesn't sound quite as farfetched as it did a few months ago." But environmentalists say they're confident that Murkowski and Stevens simply don't have 60 votes in the Senate to overcome a filibuster that would allow the bill to be heard. It's equally unlikely that a Democratic-led House of Representatives would even consider hearing the legislation, said Myke Bybee, a spokesman for the Sierra Club. "No amount of oil and no amount of money is worth despoiling the Arctic Refuge," Bybee said. "I don't think there's support for opening up a special place like the Arctic Refuge at any cost, at any amount of oil or at any cost of oil."
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POPSWhat's The Plan? I see many comments by Hillary, but no real plan, other than spend the money somewhere else! This does not solve the issue of our deflating dollar!
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POPSWhile Rome Burned... Analysts say that the central bank may also have to lower interest rates when its policy makers meet on 18 March. The Federal Reserve has already slashed rates to 3%, from 4.25% at the beginning of the year to stabilise the world's biggest economy. "The Fed is going to ease monetary policy - the question is how often and how fast," said David Resler, chief economist Nomura Securities International.
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POPSBush claims no recession. We're Fu@ked After 7 years of LIES and DECEPTION, who would you believe? Could he not be right just for once? Could he not say, just to save us all who need a recession like a month in Iraq, that there is a recession there is one. Then when he's wrong as usual, we can all be Ok! Might work. Can't be worse than now. Could someone not stop him popping up at every microphone that there is? It's past embarrassing.
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POPSridiculous "stimulus package," a last-ditch BushCo effort Not having the disposable income of a hip young columnist/yoga instructor but still accumulating crap--ill-fitting clothes given by well-meaning e-wives, odd freaky books, tapes and assorted junk sent by friends who haven't a clue to my spartan eclectic taste--it becomes necessary every once in a while to do "the material plane shuffle" and sell, give away or dispose of the odd small air conditioner used in Alaskan summer, the unused DVD/CD player and the books on foreign policy by Henry Kissinger. With any luck, I can trade for a nice over-sized silk Hawaiian Aloha shirt, the gaudier, the better. But I still don't even know what an iPod is and don't WANT to know. ENOUGH STUFF! How can one evolve with all that crap holding you down?
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POPSHELOC tightening An article relating to the HELOC tightening Mr. Bruce Norris mentioned at the seminar last week.
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POPSMcCain says he's too busy to vote for stimulus package The whole "straight talk express" campaign of John McCain is so phony. This is just one example, but he is sure to get exposed for who he really is if he wins the republican nomination. I see him having little change against Hillary and absolutely no chance against Obama.
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POPSEconomic Aid Plan Passes Senate Test Little gifts such as these will finish up in the banks as a last desperate effort; or will be spent finding a week or two of temporary accom. Gifts such as these are also inflationary. Watch the price of TV sets go up as the money goes out.
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