If I were Nancy Pelosi…

If I were Nancy Pelosi, I would give in to the Republican’s demand of “drill here/drill now”.  I would call the House of Representatives back into session tomorrow, 4 September 2008, in the afternoon.  I would do this for two reasons.  First, that is when presumptive Republican Presidential Candidate John McCain will be accepting the Republican nomination for President.  Second, several of the Republicans are on a “fact finding mission” to Iraq & Afghanistan.  I believe that few of the Republicans would come back in the middle of the GOP convention and Speaker of the House Pelosi could always point out that she got down to business and the Republicans didn’t care enough about the American Working families to come back into session and vote on drilling.

Reduce Oil Prices by Regulating Speculators?

I was reading an interesting article over at SheeplePeople.com.  The article asked regulating speculators would reduce oil prices.  It’s a good read.  Check it out and tell me what you think.

“No…

Government intervention will make the problem worse.  Didn’t we already experience what happens when government interferes with the free market while Carter was president?

Speculation makes markets react faster and increases liquidity.  Without liquidity the market could be much worse and subject to larger price fluctuations.

Speculators are not the problem.  The number 1 problem is government created:  The Gulf War has cost 600 Billion dollars.  Rather than force Americans to pay for this in taxes, the government has borrowed and printed money.  This has caused the dollar to crash in value.  Oil is a commodity, just like gold, copper, and steel.  All of these items have gone up in dollars as the dollar has gone done in value.

If the dollar held it’s past value, oil would be under $100 a barrel.

Besides the crashing dollar, other significant causes are:  increasing demand from Asia, decrease in new discoveries, subsidized gas in China, and high per capita consumption in the U.S.

Speculation is a debatable factor.  I don’t think it hurts us, but I know government interference will!”

Organized Crime and Harry Reid

Yesterday (24 July), Harry Reid said “I am here to tell you that polygamist communities in the United States are a form of organized crime”.  He then gives a list of reasons on why polygamist communities are a form of organized crime:

  • Bigamy
  • child abuse *teen and pre-teen girls are forced to marry older men and bear their children)
  • Welfare fraud
  • Tax evasion
  • Massive corruption
  • Strong-arm tactics

While I agree that polygamist groups have their problems, I believe that there is a much larger problem with Organized Crime in our country, and its not coming from the polygamists.  Continue reading

Changing Driving Habits?

As all know, the price of unleaded gas (as well as diesel fuel) keeps rising.  For example, yesterday, in Mesquite, Nevada, I saw a sign for regular gas at $4.42/gallon.  Has prices gotten to a point yet where you have started changing your driving habits?  If so, how?  If not, at what price to you anticipate a change in driving habits?  In our life, the Wife & I have started making changes.  For those who don’t know, I have a Nissan Titan V8 Truck.  It gets about 15-miles per gallon.  Since I travel around town so much, it keeps getting more expensive to fix people’s computers.  My wife has a Toyota Prius Hybrid.  We are averaging about 45-miles per gallon.  Since I drive more than her, I’ve started driving her car almost everyday.  Another change that I’ve made is to slow down a little bit.  I was up in Utah yesterday and, as I was coming home, instead of driving my normal75-85 MPH, I slowed down and drove about 70 MPH the entire trip home.  Driving the Prius will certainly save money, but will slowing down a little bit really save money?  I’ll keep you posted.

They got mad when it was high… now they're mad that it's going down

I was listening to News 88.9 KNPR yesterday. They were talking about gas prices. In recent weeks, they have started to drop from around $3.00 a gallon to about $2.60 a gallon. As gas prices had risen, the Liberals in our country blamed President Bush. They got upset with him. NPR, yesterday, complained that gas prices were going down because “it makes it harder to get people to fund research into alternative fuels”. What the crap do they want? Do they want prices higher or lower? The President has no control over gas prices, but since the Liberals want to blame him for everything, I guess I shouldn’t be surprised.

They got mad when it was high… now they're mad that it's going down

I was listening to News 88.9 KNPR yesterday. They were talking about gas prices. In recent weeks, they have started to drop from around $3.00 a gallon to about $2.60 a gallon. As gas prices had risen, the Liberals in our country blamed President Bush. They got upset with him. NPR, yesterday, complained that gas prices were going down because “it makes it harder to get people to fund research into alternative fuels”. What the crap do they want? Do they want prices higher or lower? The President has no control over gas prices, but since the Liberals want to blame him for everything, I guess I shouldn’t be surprised.