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This Week's Quotes (5)
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May 22, 2008 The Facts Crude oil hit $135 per barrel overnight and that’s the major topic on most news outlets this morning. Oil prices have now doubled over the past year. A gallon of regular gasoline is expected to hit $5 within the next 2-3 weeks, and diesel fuel will reach $6 a gallon before then. Continue Reading » »  May 16, 2008 The Facts In February of this year Turkish troops stormed across the Iraqi border for a three-day battle with guerrilla forces. The price of crude oil rose over $2 from that skirmish. Three weeks ago on April 25th a cargo ship working for the United States fired warning shots at approaching Iranian boats in the Gulf. This resulted in a $3 increase in the price of crude oil. Earlier this week a devastating earthquake hit China. Oil has now increased about $5 because of that tragedy. The official explanation for this latest price increase is that there will be a big increase in demand for oil because of the earthquake. Continue Reading » » May 15, 2008 The Facts “Some seem to believe we should negotiate with terrorists and radicals, as if some ingenious argument will persuade them they have been wrong all along.” This was a statement made by President Bush today as he addressed Israel’s 60th anniversary celebration in Jerusalem. Although Bush denies that his remarks were aimed at Barack Obama, CNN reports that White House aides say the remarks were aimed at the presidential candidates AND others in his own party. Continue Reading » » May 13, 2008 The Facts With monstrous support by Republicans, Congress has halted adding oil to our reserves. Several congressional members have been advocating doing this ever since speculators have run up the price of crude oil. The savings will amount to only 70,000 barrels per day, but many think this could send a signal that high oil prices will have a price of its own to pay. As of today, our reserves are 97% full at 701 million barrels. President Bush has been very adamant about not doing this in spite of the fact that oil is about $55 above what supply and demand calls for. Continue Reading » » May 12, 2008 The Facts Mayor Gavin Newsom of San Francisco wants to pass a law banning the sale of cigarettes in Pharmacies. His reasoning is that a place that sells products for healing and health care should not be selling items that are unhealthy. My View Before I start my ranting, let me say that this is not about defending cigarettes and the manufacturing of them. This is about reasonable minds. And if anyone misses that, then the following will be of no use to you. Continue Reading » » May 9, 2008 The Facts Steven Ybarra, Democrat super delegate from Sacramento, California wants to sell his vote for $20 million. The sale would go to either Hillary Clinton or Barack Obama. Ybarra claims he wants to use the money for educating Mexican-American voters. My View At my senior age I can remember a time when even the thought that someone would be caught selling their vote was enough to make them think again. However, in today’s world it’s not only thought about, not only put into action, but flaunted in the publics face. “To hell with democracy if the price is high enough” is the attitude today. Continue Reading » » May 3, 2008 The Facts A document called “An Evangelical Manifesto” calls Christians “useful idiots”. It also says the word “evangelical” has lost its meaning. The manifesto was put together by some conservative Christian leaders that include Os Guiness and Richard Mouw, as reported by a CNN article. Supposedly over 80 more evangelicals have signed the manifesto, which is to be released next Wednesday, May 7 2008. A quote from the document says “All too often we have attacked the evils and injustices of others, while we have condoned our own sins”. Already some evangelicals are criticizing the document. Continue Reading » » May 2, 2008 The Facts Today President Bush asked Congress for $70 billion to fund the wars in Afghanistan and Iraq. The funding would be a bridge that takes the war from October 2008 through the spring of 2009. The latest request would bring the total to $875 billion since 911. Of that amount, over two-thirds have been for the war in Iraq. $2 billion of the requested $70 billion would go to Iraqi security force. Continue Reading » » |
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