Exxon Mobil Corporation reported record earnings today, a record for any major corporation, but still came up short.  Earning 2.27 per share was still 10% below market expectations.  So, Exxon stock took a 4.7% slide.
Not really a big deal, since the close today was just slightly below Wednesday’s open… you see, Wednesday was when everyone [...]

“Everyone knows…” are words I’m getting tired of hearing.  It is a subtle form of manipulation by forcing one to either immediately agree or disagree and by disagreeing become an outsider.  Katie Couric this evening says “The world’s oil problems all come down to the laws of supply and demand”.  Careful here.   On the [...]

As expected, President Bush signed HR 3221 into law this morning, making billions of federal dollars available to home owners, shoring up Fannie Mae and Freddie Mac, and providing closer oversight of the financial aspects of home ownership to the Administration and Congress.
What a shame.
After speaking with a good friend of mine that is a [...]

Although we may all support the notion that one is innocent until proven guilty, we (and Stevens) have a responsibility to ensure that we not only keep our noses clean, we do all we can to avoid the appearance of impropriaty.  The fact that Ted managed to get himself in a situation where the FBI [...]

Just when you thought you couldn’t afford to go on summer vacation, just when you thought the ONLY answer to rising gasoline prices was a “gas tax holiday“, just as various states are complaining they don’t have enough tax money collected to pay for road work, now oil prices fall to a 3 month low of [...]

In reference to my post on Saturday regarding HR 3221, the “Housing and Economic Recovery Act of 2008″, I discovered a site where there is a copy of the Congressional Budget Office Cost Estimate for HR 3221. Over the next ten years, according to the estimate, this bill will create a nearly $25 Billion [...]

Watch this video a moment:

Now, the video is about watching out for bicyclists while you are driving, but there’s a good correlary.  This video demonstrates how easy it is to let someone distract you.  It’s the typical slight of hand trick, make you focus on one thing and make it look like something else is [...]

Well, it took almost 3 months, but Congress finally passed the bill today, on older version of which was  passed by the House in May, after some considerable back and forth between the Senate and the House.  The bill is HR 3221 (pdf), titled: “Housing and Economic Recovery Act of 2008″.
The entire bill is over [...]

About four months ago (I know, I’m a little behind catching up with some general topics), DavidL at BitsBlog shared an item from Edward Wasserman at the Miami Herald.  Wasserman’s thought was that there is a need for rules to constrain course, offensive, and threatening language on the internet, or at least the news and [...]

Encouraging news in an opinion piece from the Wall Street Journal by Pat Toomey(former member of the US House and President of the Club for Growth) today.  A recent survey concludes that most voters would favor a congressional candidate that cuts spending over one that increases spending, even if it means no pork for their district. 
Some of [...]