A Wednesday Rant

Several things of interest happened yesterday. The dollar posted the largest 2 day gain since 2005. This is good.

This helps to drive speculators out of the commdities market and lets oil futures drop. Another great thing is that the Senate GOP was able to block new higher taxes on Big Oil. This is good.Many Democrats believe that Big Oil is making obscene profits and therefore should be taxed (read punished) for this. Often times many in the Democratic camp complain that Big Oil is not doing enough to ensure America's energy independence and reliance upon foreign oil. Now the last time I looked Big Oil has been the only ones working to make sure that we have oil. In fact, Russia has just lowered their taxes on their oil companies. They apparently want to spur growth and keep profits at home. Yet the Democrats, Liberals, and Conservationists have worked to block most new oil exploration and recovery within the US. And as mentioned earlier, they want to take more of their money through taxes which will discourage growth, exploration, and will cause more American dollars to flow overseas. So much for energy independence and not relying on foreign governments.

Now who are these governments that we rely on so heavily? Saudi Arabia, Iran, and Venezuela; hmmmm....That really says national security.

Sorry for rambling. I just paid $70.00 to fill up the truck and I'm not happy.The Russian oil company Gazprom has just predicted that oil will soon reach $250 per barrel. Of course their prediction will encourage more speculation and drive prices higher which means they will make more money and higher profits since their taxes have been lowered and will then explore for more oil with the profits they get and then sell it and make even more money and son and so on and so on. WHEW!!!

© 2008 Barry T Horst


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Politics 101

You know, when I started this blog I told myself, "Self, I'm not going to make this political." I imagine that I've already made it political once or twice already. Well, here I go again.

What is it with the Democrats? The candidate in the delegate lead has been offered the VP slot by the candidate in second place. Well, well, well. To no surprise #1 pretty much declined the offer from #2. Not only does he decline, but he mocks her.
Now another prominent Democrat has suggested that perhaps Mr. Obama has only made as far as he has because his skin color. It seems that this same prominent Democrat has had this problem before.
Now the Democrats face the unenviable task of deciding what to do about the delegates in Michigan and Florida. If they count the delegates in Florida, look out. Who's going to pay for it? Who's going to vote? How is it going to take place? Good questions. Time will tell.
On top of all this, Ralph Nader is in the race again. Yippee!
I thought after the Texas and Ohio primary all of this would be over. Sounds like now it's not even close to being over. But then maybe it is close after Saturday's Wyoming victory for Barack and his Mississippi win yesterday.
© 2008 Barry T Horst


This work is licensed under a
Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.