John McCain speaking about oil prices: “I don’t think it’s going much lower, and it could go higher,” Really? Not even with Bush/Cheney running things? Not even with the Republican obstructionists in the Senate? So we are stuck with more of the same, and that is being said by the man who is running as […]
It is all but inevitable now. Iran is threatening to cut oil production and that drove oil prices up to almost $127 a barrel today.
As oil prices teeter above $112 a barrel, I have heard recent debates about how the high prices are good for the environment. I have been in debates about this in the past, and while people might consume less oil, it is such a wrong way to go about it. A couple of years ago, […]
That is awesome news. I would love to see Richardson as a running mate. They could use his past record of keeping oil prices low during the Clinton administration and people would love it.
17,000 jobs lost in January. Wow: The economy lost 17,000 jobs in January, the Labor Department reported on Friday, an unexpected decline that marks the most striking evidence yet that the United States may be slipping into a recession. But don’t let that bad news get you down. Exxon has set another record profit year: […]
Things are getting worse. Major banks and mortgage companies yesterday sharply accelerated an industry consolidation that is set to change the landscape of American lending, while a convergence of events exposed fresh worries about the U.S. economy. New indications emerged yesterday that the spiraling subprime mortgage crisis is spreading from home loans to credit cards, […]
With all the talk of Mukasey, Pakistan and O.J., it seems like there is a much larger story missing from the MSM. Here is a chart of our stock market this week: Our economy is looking at some serious trouble. Lots of news has fueled this, like retailers reporting very sluggish sales in October, forcing […]