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
So how would it feel to be paying about $0.71 per gallon for gasoline? Stupid question, you say? ‘Has the Old Man gone crazy? That was the price back in the 1970’s! We’ll never see those days again.’ Well, you’re right — those days are over. However, Peter Beutel of Cameron Hanover says that’s about what we would be paying today if it weren’t for investors.
After a run up from the low 70’s to around $84 per barrel over the past month, oil is now hovering around $77. The 18 percent rise was in the face of continued decrease’s in usage and high inventories. While the hyper’s of the stock market have been saying it’s due to the fluxuating dollar, this latest drop in oil prices comes from a much more realistic reason.
Oil companies have (temporarily) tasted the best that life has to offer, so they, like Wall Street, are not about to give any of it up, no matter if it does require killing the goose that laid the golden egg. [...]
Why three completely different topics in this post? Because they’re all related to CNBC’s biased news reporting. Although CNBC’s biases always come out with glaring undeniability, I thought I’d include these three since they were the main topics this morning.
Comparing the oil industry’s’ earnings drop to the same period last year is like saying Bernie Madoff’s profits fell to zero percent this quarter compared to last year. [...]
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