« Barack Claims He’ll “Change” Foreign Policy | Main | Lobbying-A First Amendment Right »
February 29, 2008
From The Front Page
by Jack Lee
Looks like we could see as much as a 600 billion dollar loss in sub-prime mortgages or so says UBS. AIG tanked today posting its largest quarterly loss ever of 5.3 billion, again due to sub-prime mortgages. The stock market doesn't like this news and it's down over 230 points at midday.
Have you noticed that MSNBC, and in particular Keith Olbermann, is treating Hillary like her last name was Bush? Olbermann refers to the Clinton Nation as troubled, anxious, insecure and disheartened. He does softball questions for Obama, whom he affectionately calls, "The Obamenon!" and accuses the Republicans and Bush of constantly engaging in a tactic of divide and conquer and exploiting an irrational fear on the heels of 9/11 among other things. I guess its why I never watch him.
The New York Times says Republicans are gearing up to launch a smear campaign on Obama. Yeah and what are democrats preparing for McCain? This also makes me wonder what the Times calls what they have been printing about McCain lately? Today the NYT says McCain may not be eligible to become President because he was born in Panama! Nobody but the Times is interested in this, it pure mud. McCain's was born to a military family and he is a natural born citizen, but the Times doesn't care about doing its due diligence when it comes to reporting mud about McCain.
Hillary and Obama were slugging it out in Ohio when Obama stole the show with this one, "She says speeches don’t put food on the table, you know what? NAFTA didn’t put food on the table, either.” Later, he went further, claiming that Ohio’s workers have “watched job after job after job disappear because of bad trade deals like NAFTA.” He knows what works and he is a true populist, but what will his tax the rich plan do for America? I get the feeling his supporters think they are electing Robin Hood. But, will eliminating corporate write-offs and raising their taxes be good for employment? Duh-uh.
Sergeant Wayne Leyde, 26, from the Washington National Guard bought a lucky scratch-and-win lottery ticket...won a million bucks. Yep, and now he is planning to return to Iraq for his 3rd tour! He said, "I decided to walk into a local Zip Trip. I got a Coke and beef jerky and walked up to the counter and thought I'd pick up a few scratch tickets and try my luck." Let's hope his luck holds up overseas.
A barrel of oil just hit a new record, $103. Are we looking at $4 a gallon here soon? If we are, you better think twice about buying that motor home that gets 6 mpg...cheaper to buy a motel room! I'll just have to start riding my Harley more; it's a lot cheaper to operate than my Buick and more fun too. Good thing the warm weather is approaching! Bush's answer to high oil prices is to produce more oil, not be more frugal. Than right answer is be both.
What's on your mind? Say it here, write us and we'll post it! Just make sure it's topical and well written.
Posted by Post Scripts at February 29, 2008 09:25 AM