Monday, June 30, 2008
PERSONALLY I AGREE WITH WESLEY CLARK. GETTING SHOT DOWN IN A MILITARY PLANE WON'T GET YOU INTO THE JOINT CHIEFS
Many believe so. A report the U.S. Congress released Monday showed that, in January 2000, 37 percent of the NYMEX crude futures contracts were held by speculative traders; but in April 2008, the number has soared to 71 percent. Meanwhile, the proportion of contracts held by commercial traders greatly declined.
The U.S. Commodity Futures Trading Committee (CFTC) revealed in May that it began investigating potential price manipulations in the oil trading market in December 2007. The early findings show that since the sub-prime mortgage crisis large amount of speculation fund has turned to buy commodities like crude as a hedge against inflation. Speculation theory was also echoed by the Wall Street. Hedge fund manager Michael Master testified on May 20 that his pals in the Wall Street are pushing up world oil prices through speculative investment in futures market. Moreover, he pointed out at the hearing held by CFTC acting Chairman Walter Lukken on Monday that with greater regulation oil prices could drop to the level of 60 dollars a barrel within about 30 days.
Three days later, just after the oil prices surpassed 140 dollars point, the U.S. Congress approved a bill with a 402:19 vote that directs the CFTC to use its authority to curb speculation in the energy futures market.
But, is this the only factor in the sky rocketing price of unrefined crude? No. The market is simply operating on an assumption, and in the hopes, quite frankly that supply will never be able to satisfy the deepening demand, especially in light of the increased usage by China, India and many emerging nations in the world. Based on a Department of Energy report, the global demand for energy in 2030 will increase by 50 percent compared with the level in 2005.
Based on most estimates, the global safety cushion -- the amount of readily available oil that could be pumped in a moment of crisis-- is now less than two million barrels a day, a big slump from five million barrels a day in 2002. And nearly all of the safety cushion is in one country, Saudi Arabia, which makes the world even more vulnerable to political or other shocks. Nigeria, for example, is producing one million barrels a day less than its production capacity because of disruptions caused by attacks in the oil-rich Niger Delta. Production has stagnated in countries like Russia and Venezuela and is even plunging in places like Mexico. All these factors have left the global oil industry with little capacity to boost supplies, and the United States can do little if anything, to control it.
Senator Chuck Schumer, in an interview, said he could see no easy answers to high oil prices. “Everyone would like to believe that there is a silver bullet — like a bubble or speculation — that can solve our oil problem,” he said. Instead, he said, it would be better for the nation to focus on conserving energy and reducing its oil consumption. Which is government speak for "we're screwed."
Sunday, June 29, 2008
Saturday, June 28, 2008
Obama commended McCain for speaking out on climate change but said that "time and time again, he has opposed investing in the alternative sources of energy that have helped fuel some of the very same projects and businesses that he's now highlighting in this campaign." When John F. Kennedy decided that we were going to put a man on the moon, he didn't put a bounty out for some rocket scientist to win -- he put the full resources of the United States government behind the project and called on the ingenuity and innovation of the American people -- not just in the private sector but also in the public sector."
Obama said he would raise the fuel standards and invest $150 billion over the next 10 years in alternate sources of energy. "My entire energy plan will produce three times the oil savings that John McCain's ever could -- and what's more, it will actually decrease our dependence on oil while his will only grow our addiction further," he said
Friday, June 27, 2008
Thursday, June 26, 2008
"Whether that will make any difference, I don't know. I haven't heard him have a strong crackdown on economic exploitation in the ghettos. Payday loans, predatory lending, asbestos, lead. What's keeping him from doing that? Is it because he wants to talk white? He doesn't want to appear like Jesse Jackson? We'll see all that play out in the next few months and if he gets elected afterwards," Nader added.
Nader also said Obama is making a concerted effort not to be "another politically threatening African-American politician." "He wants to appeal to white guilt. You appeal to white guilt not by coming on as black is beautiful, black is powerful. Basically, he's coming on as someone who is not going to threaten the white power structure, whether it's corporate or whether it's simply oligarchic. And they love it. Whites just eat it up."
Monday, June 23, 2008
Lawmakers got little response to previous proposals intended to lower the cost of oil: alternative energy sources, a federal gasoline tax holiday, an excess profits tax on U.S. oil producers and pressure on foreign oil producers. In contrast, the demand to ‘‘drill now’’ (first urged this year by former House Speaker Newt Gingrich) has taken hold."
Saturday, June 21, 2008
"Because while Sen. McCain is a true patriot … he won't be that partner,” Obama said. “His priorities are very different from yours and mine … he isn't proposing a strategy for America's cities. Instead, he's calling for nearly $2 trillion in tax breaks for big corporations and the wealthiest Americans."Obama also discussed McCain's trip to Iowa this week to see firsthand the effects of devastating flooding.
"Both Sen. McCain and I have traveled recently to the areas that have been devastated by floods. And I know that Sen. McCain felt as strongly as I did, feeling enormous sympathy for the victims of the recent flooding … And I'm sure they appreciated the sentiment, but they probably would have appreciated it even more if Sen. McCain hadn't opposed legislation to fund levees and flood control programs, which he considers pork."
Friday, June 20, 2008
In similar comments at a Chicago fundraiser last Thursday, Obama told supporters that Republicans would try to portray both him and his wife Michelle as "scary." "They’re going to try to make me into a scary guy,” he said last week. “They’re even trying to make Michelle into a scary person. Right?" And so that drumbeat – 'we’re not sure if he’s patriotic or not; we’re not sure if he is too black.' "I don’t know, before I wasn’t black enough," said Obama. "'Now he might be too black. We don’t know whether he’s going to socialize – well, who knows what.'"
Last week, the Illinois senator’s campaign launched a Web site to directly respond to and discredit Internet rumors about him and his wife that have dogged his presidential effort. The web site is http://my.barackobama.com/page/content/fightthesmearshome/.
A first vote, on the war funding, was approved 268-155. A second vote on the domestic money passed 416-12. President Bush and many congressional Republicans had resisted extending unemployment benefits, but the compromise bill includes another 13 weeks of assistance. Democrats had been pushing for extending benefits to laid-off workers as unemployment rates continue to rise. Apparently extended unemployment benefits during a disastrous Bush administration economy was "too generous" as well..... Man's inhumanity to man.
Sunday, June 15, 2008
In addition to reporting on a variety of foreign affairs issues in 2004, Mitchell also covered the 2004 presidential campaign for NBC News and was a regular panelist on MSNBC’s “Hardball.” She was the first reporter to break the story that democratic presidential nominee Sen. John Kerry had chosen Sen. John Edwards as his vice presidential running mate. In September 2005, Mitchell's first book “Talking Back,” a memoir about her experiences as one of the first women to cover five presidents, Congress and foreign policy, was published. Over the years, Mitchell has appeared on “Meet the Press” as a panelist and substitute host. An acclaimed political reporter, she has also covered every presidential election since 1972.
In addition to his on-air analysis, Todd is responsible for all aspects of NBC News' political coverage, including maintaining contact with the campaigns and serving as the point person for political news and information. He is also the editor of "First Read," NBC's must-read guide to political news and trends in and around Washington, D.C., and writes weekly columns of analysis for MSNBC.com. He is based in NBC News' bureau in Washington, D.C.
Before joining NBC News, Todd was the editor-in-chief of National Journal's "The Hotline," Washington's premier daily briefing on American Politics. In his 15 years working at "The Hotline" or one of its affiliates, Todd has become one of Washington's foremost experts on political campaigns of all levels. He served as editor-in-chief for six years. In addition to Todd's extensive media presence, he teaches a graduate-level political communications course at the Johns Hopkins University. In December 2005, Todd was featured as one of "Washingtonian's 'Best Of'" journalists. In March 2001, "George" magazine named him one of the 50 most influential people in politics.
Saturday, June 14, 2008
Friday, June 13, 2008
The Emmy-winning newsman had been recording voice-overs for Sunday’s program when he was stricken. He was rushed to Sibley Memorial Hospital in Washington, where resuscitation efforts were unsuccessful, Dr. Michael Newman, his physician, told NBC News.
Tom Brokaw, the former anchor of “NBC Nightly News,” broke into regular network programming Friday afternoon with the shocking announcement. “It is my sad duty to report this afternoon that my friend and colleague Tim Russert, the moderator of “Meet the Press” and NBC’s Washington bureau chief, collapsed and died early this afternoon,” Brokaw said.
Brokaw noted that Russert had been working especially hard this campaign season — which he loved. “He worked to the point of exhaustion, not just on ‘Meet the Press,’ but on MSNBC and with our colleague Brian Williams, of course, during the debates and on special coverage on ‘NBC Nightly News,’ ” Brokaw said.
Thursday, June 12, 2008
"I can't believe we are going to allow unelected judges who are not trained in military matters to make major wartime policy decisions," Graham said.
Graham reacted to the court's Thursday decision, which marked the third time it has rebuked the Bush administration's handling of terrorism detainees at the Guantanamo Bay detention facility. On behalf of 37 foreigners imprisoned at Guantanamo, the court ruled that the 300 people held in custody there have the right under the Constitution to challenge their custody in federal courts.
Wednesday, June 11, 2008
"The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors."
"those offences which proceed from the misconduct of public men, or, in other words, from the abuse or violation of some public trust. They are of a nature which may with peculiar propriety be denominated POLITICAL, as they relate chiefly to injuries done immediately to the society itself."
Tuesday, June 10, 2008
ATHENS, Greece -- Three islanders from Lesbos told a court Tuesday that gay women insult their home's identity by calling themselves lesbians. The plaintiffs - two women and a man - are seeking to ban a Greek gay rights group from using the word "lesbian" in its name. Also known as Mytilini, Lesbos was the home of the ancient poet Sappho, who praised love among women. It is a major travel destination for gay women.
The Homosexual and Lesbian Community of Greece "causes confusion by using a geographic term in connection with (the group's) special character and social action," said Dimitris Papadelis, a lawyer representing the plaintiffs. A spokeswoman for the group accused the plaintiffs of homophobia. (ed.note: I can't wait for the oral arguments here, folks. At the end, will they "poll" the jury? Yes, I know...but I couldn't resist...)
Number three...John McCain with something actually resembling a clever remark....Having been dogged for quite some time now by Barack Obama in regards to running for a third George Bush term in the White House, shot back with the line of the day..."It kind of looks like you're running for a second Jimmy Carter term..."
Let the games (and the word play, please) begin....
Monday, June 9, 2008
““We don’t have slave masters, we got mayors…But they are still the same white people who are presiding over systems where black people are not able to be educated. You got some preachers that are house n——. You got some elected officials that are house n——. Rather than them try and break this up, they’re gonna fight you to protect that white man.”
And this from yet another Obama associate, one who has supported Obama, an Illinois super delegate, and someone who has done radio ads for Obama. I suppose this is YET ANOTHER person Barack had no idea was capable of this kind of rhetoric.
Sunday, June 8, 2008
1. Obama was born on Aug. 4, 1961, in Honolulu. His first name, Barack, means "blessed" in Swahili and was also his Kenyan father's name.
2. He says he hasn't liked ice cream since working at Baskin-Robbins as a teenager.
3. His childhood nickname was Barry.
4. Obama is the third African-American senator since Reconstruction.
5. He married Michelle Robinson, also a Harvard Law School graduate, who supervised him while he was working as a summer associate in a Chicago law firm. They have two daughters, Malia and Sasha.
6. As an Illinois state senator, he sponsored a bill to require the police to videotape interrogations in capital crime cases. Illinois was the first state to do this.
7. A school in his father's hometown near Lake Victoria in Kenya has been renamed the Senator Barack Obama Secondary School.
8. He loves playing Scrabble.
9. Obama and his wife bought a house on Chicago's South Side in June 2005 for $1.65 million. It has four fireplaces.
10. His heroes are Martin Luther King Jr., Mohandas Gandhi, Pablo Picasso, and John Coltrane.
True or false?
"And people will judge me ultimately on what I do and not on what other people do."
Obama has not been accused of any wrongdoing, but Republicans are already blasting him for his friendship with the now-convicted felon. Rezko has known Obama since at least 1990, and financially supported his state Senate and U.S. Senate campaigns.
The Republican party's national committee said in a statement: "This is further proof that Obama's high-flying rhetoric is just that.... today's verdict and Obama's friendship with Rezko raise serious questions about whether he has the judgment to serve as president."For more information on the Tony Rezko corruption trial, and his ultimate relationship with the Democratic presumptive nominee, click here.....
Saturday, June 7, 2008
"There are no acceptable limits, and there are no acceptable prejudices in the 21st century in American history," she said. "Although we did not completely break down the glass ceiling preventing a woman from being elected to the Presidency, that ceiling has 18 million new cracks in it (referring, of course to the 18 million votes she received in general primaries, which was, to her credit more than Senator obama received in non-caucus contests).
Saturday am: While we await Hillary Clinton's concession (?) speech this morning, the news shows are all conducting q and a sessions with the pundits, conducting polls, and soliciting advise with one question in mind..... "What should Hillary say today in her speech?"
Let me weigh in with some quotes to incorporate into her speech...
"If you remember only one thing I say today, let it be this....."a vote for anyone other than Barack Obama in November will be a slap in my face, and go against everything we have worked, and campaigned for..."
"There have been many untruths and half-truths by the media during our campaigns...one of which is my publically soliciting, pressuring and attempting to force Senator Obama to take me as his Vice Presidential choice. Nothing could be farther from the truth. I understand that this choice is his, and his alone, and is not up for negotiation, whether by force or not. I already have my dream job, and in this area, I cannot lose. Returning to the Senate floor is something I look forward to, and do not in any way see my return to the Senate a sign of defeat, or a source of public humiliation."
"Another topic all over the news media is whether it was a mistake having my husband Bill campaign for me, or if somehow he was responsible for my defeat. This is as ignorant as it is wrong. No one worked harder for my victory than my husband Bill. Yes, he said some things that may have been misstated, or misunderstood, but he was an unbelievable resource, and I am deeply grateful for his tireless efforts to secure the nomination for me.
Having said all of that, let me tell everyone in the nation one thing....anyone who attempted to paint myself, or my husband somehow as a race baiter, or a bigot is wrong. Dead wrong. This is an insult to each of our lifetime careers addressing the issues and needs of all Americans. I have always known that in politics you must develop a thick skin, but I have to admit that these charges were particularly painful to myself and my family. Let me say this for the last time....these charges are groundless and in no way reflect our true feelings."
"The notion that I somehow did not receive 18 million votes, but rather 18 million proxies to wield like a sword is an insult to my supporters. Having garnered whatever amount of votes, in whichever social or economic class does not in anyway give me additional power, or somehow add to my negotiating stance. But let me be clear here...as of today, I am releasing all of my supporters, delegates and staff in the hopes, the furthest hope that they support our candidate for the Presidency of the United States, Barack Obama."
"It has been bandied about this notion that somehow Barack does not, or cannot connect with my supporters, who tend to be less educated, working class Americans. This is a fallacy which will be disproved in November. Barack grew up in the streets, with the same people the news media report he cannot connect with. It was only until recently, with the earnings from his two impressive books that he was able to secure his first home for his family. His concerns are your concerns. He wasn't born with a silver spoon. And so, to all of my supporters, let me make this very clear....he is one of us, he is someone you can vote for with pride, and he is someone who, if elected, will never lose sight or priority of your concerns, and someone who will never leave your sides. In our meeting two nights ago, he went to great lengths to illustrate his heartfelt concern, and promised his tireless devotion to the concerns and issues of the backbone of our nation, the working class Americans that make up the majority of our work force."
"One of the most unfortunate untruths of this campaign season happened to Senator Obama. Whether it was the lie that he swore into office on the Koran, or stopped wearing a flag lapel pin, or did not place his hand over his heart during the Star Spangled banner, it is a complete and total lie that Barack Obama is somehow unpatriotic, or anything less than one of the proudest examples of a God fearing Christian American on the face of the earth.
Friday, June 6, 2008
I wanted you to be one of the first to know: on Saturday, I will hold an event in Washington D.C. to thank everyone who has supported my campaign. Over the course of the last 16 months, I have been privileged and touched to witness the incredible dedication and sacrifice of so many people working for our campaign.
On Saturday, I will extend my congratulations to Senator Obama and my support for his candidacy. This has been a long and hard-fought campaign, but as I have always said, my differences with Senator Obama are small compared to the differences we have with Senator McCain and the Republicans. I have said throughout the campaign that I would strongly support Senator Obama if he were the Democratic Party's nominee, and I intend to deliver on that promise. When I decided to run for president, I knew exactly why I was getting into this race: to work hard every day for the millions of Americans who need a voice in the White House. I will be speaking on Saturday about how together we can rally the party behind Senator Obama. The stakes are too high and the task before us too important to do otherwise.
In the past few days, you have shown that support once again with hundreds of thousands of messages to the campaign, and again, I am touched by your thoughtfulness and kindness. I can never possibly express my gratitude, so let me say simply, thank you.
Wednesday, June 4, 2008
The Republican party's national committee said in a statement: "This is further proof that Obama's high-flying rhetoric is just that.... today's verdict and Obama's friendship with Rezko raise serious questions about whether he has the judgment to serve as president."
“I’m saddened by today’s verdict. This isn’t the Tony Rezko I knew, but now he has been convicted by a jury on multiple charges that once again shine a spotlight on the need for reform. I encourage the General Assembly to take whatever steps are necessary to prevent these kinds of abuses in the future.”
Tuesday, June 3, 2008
Purdum writes: "Whatever the facts of Clinton’s personal life, it is beyond dispute that he has associated with some decidedly unpresidential company. In 2002, Clinton flew to Africa with the New York investor Jeffrey Epstein on his private Boeing 727 on an anti-aids and economic-development mission. (Others on the mission included Kevin Spacey and the comedian Chris Tucker.)In 2006, Epstein was indicted on state charges of soliciting prostitution in Palm Beach, Florida, and he later came under investigation by federal authorities amid allegations that he hired under-age girls for massages and more. He remains the subject of at least four pending civil lawsuits from young women and is reportedly expected to accept a plea deal on a state charge that would give him 18 months in prison, followed by house arrest, in lieu of a trial now set to begin this month."
Here is a video you haven't seen as of yet, Todd Purdum (the hatchet man for Vanity fair) and his loving wife, Dee Dee Myers, herself a former Press Secretary for the Clinton administration making a video JUST TWO WEEKS PRIOR TO THE RELEASE OF HUSBAND TODD'S HATCHET JOB pretending to be unbiased observers and pundits on the VP selection possibilities. As Todd says...."One thing is for sure, you never know what will happen next."
Of course, we now know, what was to happen next is an article he was working on spewing vicious unsubstantiated lies and accusations towards a President THEY DIDN'T EVEN TRY TO CONTACT. Ladies and gentlemen, the winners of the 2008 "Linda Tripp" award, Dee Dee Myers and Todd Spewdum.