Wkmac-I heard about this "rebate" check and it is being pushed by Republicans. However, ANWR drilling is also part of this bill so you know it will be voted down. I'm just wondering if maybe this isn't a smart move by the Republicans to get Democrats to vote down the "rebate" knowing they will vote no on ANWR. Probably giving Republicans too much credit.
I'm sure it's some type of political manuver as the issue of drilling in ANWR has been on republican plates for some time. From a political strategy standpoint it is a pretty smart move because it would force the democrats to vote down an entitlement that is sold to help the little guy even though they have a counter policy with cutting the gas tax for 60 days. Watching these bantee roosters strut and crow over the next few weeks will at times be funny and at times make you scream and want to pull your own tail feathers out!
You know I'm starting to feel like I'm an owner of a classic hot rod at Barrett Jackson and I'm watching a bidding war take place and my car is the one they are after!
Fuuny thing is, I pulled my hot rod away so they can't buy it years ago!
As for the triple prices on a barrel of oil? I don't know but I'm sure doing some research on the net would give that answer in a fairly quick amount of time. I did hear this last night but first I wanted to throw out this caveat. What I'm about to type was spoken by a right wing pundit during a conversation on the political situation and therefore since this is all op-ed it can't be considered fact. I also have no link but if you contact Fox News and ask for the video from last night where Brit Hume and the bunch gather to discuss issues you can watch it. I was just channel surfing and happen to hit it when Krauthammer was making his point so what lead up and what happened afterward I don't know. I have ADD when I have a remote in my hand!
Just wanted to clarify this since it was such a hot topic on another thread and Lord help me if I were accused of passing op-ed as gospel truth. I know I always assumed we were adults here and were more than capable of researching for ourselves to discover if something were true or not without it becoming a criminal offense. Besides, for anything you find on the net you can just about find the opposite to counter it! I believe it was Traveler that once stated this and he was 1000% correct.
OK, enough op-eding of my own
Here's what I heard from Charles Krauthammer concerning the recent call by Congress to investigate the oil companies. Krauthammer said that in 1996' when gas his the $1.20 plus a gallon mark President Clinton ordered an investigation into possible price gouging with the oil companies. Congress did and the conclusion at the time was that the cause was purely an issue of supply and demand. Now Mr. Krauthammer asserts that what held true in 96' is also true today and he could be right as more and more countries are demanding oil for their own use as they develop but there is thought that in light of Katrina that the oil companies have been slow to repair and bring capacity back up on line in order to help pay for some of the costs of the storm damage itself instead of it directly impact profits right now. I'm sure for UPS they experienced some dragging on earning in 3Q and 4Q of 05' as a result of repairing Katrina damage and re-routing our network until everything normal but the incentive for us was to get everything normal as fast as possible whereas in the case of big oil, we are a somewhat captive audience. As I said before I'm not a big Chuck Schumer fan nor am I a fan of gov't involvment in the market place but we are where we are and Mr. Schumer's concerns and the reason I heard him express for a Senate investigation I thought were legit and valid in light of current events. Krauthammer may be correct that we'll learn the same as what we did in 96' but I still commend and support Mr. Schumer's position on this point.
BTW Wiley, good observation on the ANWR part as I thought the same thing when I saw the piece but I'm so tired of the republicans painting themselves as fiscal Knights in Shining Amour when in fact they're as quick to give away the store as the democrats are that I felt that the more important point. The best part however is the democrats during the Bush years have extolled the virtues of fiscal responsibility, balanced budgets and paying down the national debt. At some point the political winds will change and all this vocal grandstanding will come back to haunt them. Politicians are drug addicts and the drug is power. They can't resist it and although they claim now some type of rehabitation, once back with the reins of power the drug will once again sway it's romance and they will be unable to resist. Then we get to watch as those words comeback to confront them. The country's going to hell in a handbasket but it's at least be fun to watch.
If I don't talk at ya again, have a good weekend!