We’ve all heard a great deal this week about nuclear power; Sen. McCain and Gov. Palin are very much in favor of increased use of nuclear power, while the Democrats are far less enthusiastic. Although I don’t agree with Sen. McCain on many issues, this is one where I couldn’t agree more. To understand why [...]
A quick look at today’s top headlines…
“Oil falls as low as $118 on demand concerns”
http://news.yahoo.com/…/ap_on_bi_ge/oil_prices
Oil prices continue to drop based on, of all things, lower demand. So, maybe, this supply-and-demand stuff really works. One analyst said “$4-a-gallon gasoline has clearly killed demand.” Long live the free market, the most powerful economic force on the planet!
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“Book [...]
A quick look at today’s top headlines…
“Bush signs housing bill to provide mortgage relief”
http://news.yahoo.com/s/ap/20080730/ap_on_go_pr_wh/housing_bill
In the name of improving “confidence and stability in markets,” President Bush has signed the mortgage relief bill. As a true conservative, I find this completely unacceptable and feel a little betrayed by my President. This bill was “intended to keep more [...]
A quick look at today’s top headlines…
“Oil hits 7-week low on demand worries, dollar gain”
http://news.yahoo.com/s/ap/20080729/ap_on_bi_ge/oil_prices
Oil was down $4 per gallon in early trading today to its lowest level since early June. What’s behind this? Reports released Monday stated that Americans drove 3.7% less in May, consuming 891,000 barrels less oil per day. So, less demand [...]