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Archive for September, 2008

Offshore Drilling Ban - Almost Expired

The ban on offshore drilling expires tonight at midnight Eastern Time.  At this writing, that’s just five hours away.  
Congress was incredibly preoccupied during the weeks following its lengthy vacation, and could not (supposedly) get the work done to extend the moratorium on drilling for this oil.  Such a ban would normally have been included in the [...]


A Modern Fable

My boss shared this with me today, and I thought it would be appropriate to share with you. I apologize that I do not know who to give credit to for this. 
Two Different Versions! Two Different Morals!
 
OLD VERSION:
The ant works hard in the withering heat all summer long, building his house and laying up supplies [...]


The Economy Today

My cohort DJ is going to disagree with me.  Just you wait and see.
~ ~ ~ ~ ~
Today did not scare me.  It did surprise me, because I didn’t think that Congress had the ability to face down the President, Treasury Secretary and their own part leaders all at the same time.  (For the votes [...]


First Presidential Debate: Exercise In Futility, Part 2

This is Part 2 of the analysis of Friday night’s Presidential Debate.  Part 1 was posted on Saturday.
Iran
Lehrer asked for a “reading” of Iran by the candidates.  Are they a threat?  Both candidates made it very clear that nuclear weapons in the hands of Iran was not acceptable.
McCain did a good job of highlighting both [...]


Back Tomorrow…

Sorry, having computer issues and won’t get Part 2 of the Debate to you until Monday.  Look forward to an initial assessment of the Bailout Bill.  And a review of the new movie “Fireproof” that just opened this weekend.

Sphere: Related Content


Congress May Have A Deal For Bailout

From the New York Times late last night:
WASHINGTON — Congressional leaders and the Bush administration reached a tentative agreement early Sunday on what may become the largest financial bailout in American history, authorizing the Treasury to purchase $700 billion in troubled debt from ailing firms in an extraordinary intervention to prevent widespread economic collapse.
Officials said [...]


First Presidential Debate: Exercise In Futility, Part 1

Here’s Part 1 of my assessment of Friday night’s Presidential Debate.  Part 2 will come on Sunday.
All I can say is, I was wrong.  Jim Lehrer does want to be the next Tim Russert.
I will say, I did not sense any partisanship on Lehrer’s part, but he sure dug into follow up questions, including a [...]


We Interrupt This Election To Congratulate Philadelphia

The Philadelphia Phillies just clinched (with one game remaining) the Eastern Division after beating the Washington Nationals 4-3.  The New York Mets (as some of you know) is the team I follow, and although they won today, the Phillies had to lose both of their last two games for the Mets to tie them (if [...]


Open Thread For Post-debate Reaction

Although I would have ideally preferred to provide immediate reaction during and after tonight’s debate, I have a commitment at church that I need to attend to.  Therefore, I’ll be recording the debate and providing feedback on Saturday, hopefully around noon.  (Link to part 1 of the debate analysis)
We want to encourage everyone to tune [...]


Congress Still Working Out The Bailout

Congressional leaders are still working through what to do after the stony reception they received from the Administration late Wednesday.  I was much more comfortable (not that I was happy mind you) with the proposal that had been brought to Bush and Paulson.
The proposal from Congressional Leaders would have limited the amount of the initial [...]


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