Tag archive for ‘Disaster’
Reform, not Rescue… Buy in, not Bail Out.
This is a restructuring, not a rescue. It’s a buy in, not a bailout. Congress and the White House need to realize that this effort’s main goal is the stabilization of the financial markets and the recapitalization of the financial system. It is not the time to take the taxpayer’s money and give it to Wall Street. It is not the time to take the taxpayer’s money and give it to homeowners who can’t pay their mortgages. We’re taking the taxpayers money and correcting an error we should have corrected over five years ago - making the markets more transparent and ensuring that people who benefit from risky deals also assume the downside to those deals when they go bad.
How important is the Vice President pick anyways?
The buzz this week is all about who Sen. Obama will chose as his Vice Presidential nominee. I have been talking with friends and the question keeps coming up, “How important is the pick?” The answer - it is one of those choices in life you can only “screw up”; getting it right often has [...]
The Challenges of Energy Part II: Petroleum & Ecology issues
In the second part of my series on energy issues - today I want to talk about oil, Texas tea, black gold. For most of us, we see “oil” when we gas our cars - cursing I’m sure at the high price of gasoline. However, oil is must more ubiquitous than just gasoline. Oil and [...]
Patriotism, Service to the Nation, POWs, and Torture
I have been thinking all day today about Gen. Wes Clark (Ret.) argument against Sen. McCain that he lacks “command experience” because his military career is essentially one of dropping bombs on innocent civilians and getting captured and tortured.
Sen. McCain’s service to his country in Vietnam was honorable. That story is a difficult one to [...]
Are we heading for a global recession?
To rather lackluster fanfare in the “public consciousness” yesterday, the Federal Reserve announced that it was holding interest rates flat, and hinted that it may need to raise interest rates in the near future as it is becoming increasingly concerned about inflation. All of this has me wondering - are we heading for global recession?
Inflation [...]
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