Economy

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GOP pushes hard for environment and drilling for energy independence

By Manu Raju– The Hill

Senate Republicans aim to undercut Democrats’ claim to be the environmentally conscious party by combining their own conservation message with a longstanding push for more oil drilling.
The shift, to call for increased energy production and less oil […]

25Jun2008 | Loozianajay | 0 comments | Continued
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McCain drills home proposal

McCain Scores With Offshore Drilling Proposal – Dick Morris and Eileen McGann
John McCain has drawn first blood in the political debate following Barack Obama’s victory in the primaries. His call yesterday for offshore oil drilling — and Bush’s decision to press the issue in Congress - puts the Democrats in the position of advocating the wear-your-sweater […]

19Jun2008 | Loozianajay | 0 comments | Continued
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President Bush calls for domestic drilling

Bush calls for offshore oil drilling–Jon Ward THE WASHINGTON TIMES

18Jun2008 | Loozianajay | 0 comments | Continued
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All the energy in the world right here

 Drill! Drill! Drill!At this point in time, is there another country on the face of the earth that would possess the oil and gas reserves held by the United States and refuse to exploit them? Only technical incompetence, as in Mexico, would hold anyone back.
That and idiotic environmental moralism that isn’t even in the realm […]

12Jun2008 | Loozianajay | 0 comments | Continued
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Senate GOP says no to windfall tax on Big Oil

We were spared a potential nightmare by Republican Senators when they blocked the call by Senate Democrats who planned windfall profits tax that would take away billions of dollars in tax breaks from the oil companies. You read that right, they saved us. Meaning, you and I, the consumer, would have ended up paying the taxes, not the Big […]

10Jun2008 | Loozianajay | 2 comments | Continued
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Finally, more are saying ‘drill’ but is anyone listening

Rising oil prices, slumping economy, soaring food prices and a weakening dollar, have many people taking a new look at drilling for oil in America. Finally, voters are screaming drill and demanding to break off our abusive relationship with the Middle East. But so far, neither candidate as caught up with the now’s demand. Both are still […]

10Jun2008 | Loozianajay | 1 comment | Continued
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Unemployment jumps to highest in 22 years

The nation’s unemployment rate jumped to 5.5 percent in May - the biggest monthly rise since 1986 - as nervous employers cut 49,000 jobs.

6Jun2008 | Loozianajay | 0 comments | Continued
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Economic challenges is trumping the call for climate change debate in Senate

In short, this bill (sponsored by Joe Liberman) poses big challenges to the Senate because of higher energy cost, slower economic times and higher gas prices. It’s likely the Senate will be unable to agree on any legislation to curb global warming initiatives without severely crippling so many who depend on coal, oil and natural […]

1Jun2008 | Loozianajay | 0 comments | Continued
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Falling Dollar, Rising Oil Prices= Bad Economic Climate

The Market takes a dip today as Wall Street watched oil prices climb to $132 a barrel for the first time.
”There’s almost a parabolic rise going on,” said Richard E. Cripps, chief market strategist for Stifel Nicolaus. ”I do sense that the stock market is searching for where that oil peak is going to […]

21May2008 | Loozianajay | 0 comments | Continued
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The “Green” McCain

When I listen to Obama talk, especially about raising taxes, I find myself considering voting for McCain. However, when McCain opens his mouth, nearly everything he says deters me from wanting to vote for him. Does McCain really want to win the election or is he trying to throw it? Now McCain […]

14May2008 | James Thompson | 0 comments | Continued
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The Largest Entitlement Program: Government Taxes

I would like to start out by thanking Obama for telling us the truth about why we should not suspend the federal gas tax for 3 months during the summer. It shows government for what it really is, dependent on our tax dollars to the extent that Washington politicians feel they are entitled to […]

5May2008 | James Thompson | 0 comments | Continued
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Job strength better than expected

By Peter S. Goodman
The American economy shed 20,000 jobs in April, the Labor Department said on Friday in a report that many economists took as powerful evidence that the United States is ensnared in a recession.
It was the fourth consecutive month of decline. But the size of the loss was significantly smaller than many […]

2May2008 | Loozianajay | 0 comments | Continued
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