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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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POPSCancer's Unexpected Blessings In memory of someone I greatly admire and pray I can emulate when I arrive at this ultimate time in life. To finish well...what an ultimate blessing.
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POPSWords of Wisdom for First Time Parents It is hard to figure out what's a real worry and what's not a big problem with a new baby. If in doubt, ask a professional, but I guess common sense (not that common) comes into it too.
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POPSAnother Leftist Icon Comes to His Senses This is a great article about the transformation of David Mamet from Liberal to Conservative. I do not know who David Mamet is but I find the story rather familiar in my own transformation and in the natural maturity of many as they gain wisdom and perspective. It gets frustrating at times seeing and hearing comments that are based on such lack of clarity. This is more evidence that the natural growth and transformation is toward a Libertarian stance founded in clear-mindedness, Conservative stance on constitutional intent, and Incrementalism as the wisest approach to societal advance in the face of fascist-progressivism.
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POPSYOU ARE WHAT YOU THINK The wisdom of this story: * Never listen to other people's tendencies to be negative or pessimistic. They take your most wonderful dreams and wishes away from you -- the ones you have in your heart! * Always think of the power words have. Everything you hear and read will affect your actions! * BE POSITIVE! And above all, be DEAF when people tell you that you cannot fulfill your dreams! Always think: I can do this!
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POPSQuotes about Obama "Barack Obama is our collective representation of our purest hopes, our highest visions and our deepest knowings . . . He's our product out of the all-knowing quantum field of intelligence." -- Eve Konstantine "This is bigger than Kennedy. . . . This is the New Testament." | "I felt this thrill going up my leg. I mean, I don't have that too often. No, seriously. It's a dramatic event." -- Chris Matthews " creative imagination which coupled with brilliance equals wisdom . . . the man for this time." -- Toni Morrison "Obama's finest speeches do not excite. They do not inform. They don't even really inspire. They elevate. . . . He is not the Word made flesh, but the triumph of word over flesh . . . Obama is, at his best, able to call us back to our highest selves." -- Ezra Klein
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POPSWords of wisdom schopenhauer This is very much like the Gandhi saying.It is self explanatory and shows the futility of governments opposing the will of the people.
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POPSThe Urge To End It All "Quite inadvertently, the British gas conversion proved that the incidence of suicide across an entire society could be radically reduced, upending the conventional wisdom about suicide in the process. At least a partial answer is that many of those Britons who asphyxiated themselves did so impulsively. In a moment of deep despair or rage or sadness, they turned to what was easy and quick and deadly — “the execution chamber in everyone’s kitchen,” as one psychologist described it — and that instrument allowed little time for second thoughts. Remove it, and the process slowed down; it allowed time for the dark passion to pass."