Democrats want to take all our money and return to us one dime out of each dollar.
Republicans want to take all our money and give it to corporations and the wealthy.
Neither is acceptable!
Campaign 2010
Countdown to Congressional Elections
The most effective way to restrict democracy is to transfer decision-making from the public arena to unaccountable institutions: kings and princes, priestly castes, military juntas, party dictatorships, or modern corporations.
Noam Chomsky, M.I.T. emeritus Professor of Linguistics
The State Department under the Bush administration has dismissed all law suits against Libya for state sponsored terrorism in favor of restoring relations with Libya. This action nullifies the suit by 44 relatives for $6 billion; a law suit that found Libya responsible for the deaths by US District Judge Henry Kennedy. By doing this, the State Department is virtually saying they don’t care what a US judge found. Families of the law suit are outraged at Bush and the State Department. Continue Reading » »
Almost on a daily basis we have people predicting what the price of crude oil will go to. Each gives us their reasons for believing their numbers. Over the past month I’ve heard numbers ranging from $80 to $200 a barrel, with occasional mention of higher numbers if certain major events occur around the world. And usually a time table accompanies the prediction, ranging from now to the end of 2008 to mid 2009. Continue Reading » »
Since the price of oil has increased so dramatically over the past several months, there’s been a lot of lobbying to open up restricted areas for drilling and oil production. President Bush has not failed to mention this each and every time he gets in front of a microphone. Many Democrats are against this, as are most of the environmentalists. Without fail, those who are in favor of opening up the restricted areas justify the need by proclaiming we, America, must become independent of foreign oil, and bring down the price. Continue Reading » »
Today I received a comment on my original post about the letter that is going around entitled “Big Oil” by Bill Phillips. (In case you haven’t seen it, the letter suggests Bill Phillips is a descendant of Frank Phillips of the infamous Phillips Petroleum Company, which is supposed to qualify him on oil and oil politics.) The comment is by Randy Phillips, who says he is a descendant of Frank Phillips. I use Randy’s name in this post, as he proudly used his name with his comment to my original post, so I don’t think he would have a problem with me using it here. You can read Randy’s comments by linking to my original post, but the following is his comment. Continue Reading » »
You may have already received an email from a friend (with content inserted, attached, or a hyperlink) of an article (or letter) supposedly written by Bill Phillips entitled “Big Oil”. Or, if you have “googled up” the words “big oil”, you most certainly have found this article. Bill Phillips is a descendent of the infamous Phillips Petroleum Company owner(s) (now ConocoPhillips), and, according to the intro to the article (obviously by someone else), has been in the oil business for “nearly 50 years”. Continue Reading » »
Wilbur Ross, Jr., Chairman & CEO of WL Ross & Company, told CNBC today that there was no shortage of oil or a supply problem. He also said the fair value of oil is $100 per barrel, but oil was trading as if Israel had already invaded Iran. Ross went on to say that the growth in oil demand was only 2%, which contradicts what many others are saying. (See one article onhow Ross makes his money.) Continue Reading » »
Crude oil prices have more than doubled in the past 15 months. As consumers, we are given any number of reasons for this, depending on who we are listening to. The most quoted reason is supply & demand. However, many of us can not accept that “supply” can decrease so rapidly relative to “demand”, or “demand” can increase so rapidly relative to “supply”, during a one-year period of time that it justifies a 100 plus percent increase in price. Continue Reading » »
Oil prices are now a huge part of every daily news show and many discussion segments. It seems that anyone who is given the opportunity to be on television is offering their reason(s) as to why oil has doubled within the past year. Those reasons range from a basic supply & demand issue to a conspiracy issue. There is any number of explanations, with many variations, depending upon who you are listening to. Continue Reading » »
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