Thursday, June 26, 2008
John Yoo, Horrible Person
Via Thinkprogres:
Today, the authors of the Bush administration’s torture policies, David Addington and John Yoo, are testifying before the House Judiciary Committee. Chairman John Conyers (D-MI) asked Yoo whether the president could bury a detainee alive, Yoo stonewalled and ultimately refused to answer the question.
He also refused to say if there was any torture tactic the president was prohibited from using.
Labels:
John Yoo
Wednesday, June 25, 2008
Why Is Oil So Expensive?
Does it cost more to get it out of the ground? Is it simply demand vs supply? No, it's effected by pro-war blowhards like Bush and McCain who threaten action with Iran, the weakening dollar, and most importantly by financial institutions trying to make money off of commodities.
"What role financial institutions — pension funds, mutual funds, and hedge funds, among others — are playing in driving up the price of oil to nearly $140 a barrel remains a key question. Regulators in Washington have acknowledged that they do not have enough information on speculative trading in commodity markets. Even though the evidence is incomplete, speculators have nonetheless become prime targets for legislative action."
Unlike mutual funds which can only go long and are regulated, these oil investments are in some lightly regulated markets
"Some analysts who testified before a House panel on Monday estimated that oil prices could fall to around $60 a barrel if speculators were driven out of the commodity market."
And who reaps from the $140 per gallon inflated oil? I would imagine suppliers like Russia, Venezuela, Nigeria and Saudi Arabia are smiling with all our greenbacks in their pockets.
NYT Article
"What role financial institutions — pension funds, mutual funds, and hedge funds, among others — are playing in driving up the price of oil to nearly $140 a barrel remains a key question. Regulators in Washington have acknowledged that they do not have enough information on speculative trading in commodity markets. Even though the evidence is incomplete, speculators have nonetheless become prime targets for legislative action."
Unlike mutual funds which can only go long and are regulated, these oil investments are in some lightly regulated markets
"Some analysts who testified before a House panel on Monday estimated that oil prices could fall to around $60 a barrel if speculators were driven out of the commodity market."
And who reaps from the $140 per gallon inflated oil? I would imagine suppliers like Russia, Venezuela, Nigeria and Saudi Arabia are smiling with all our greenbacks in their pockets.
NYT Article
Labels:
Big Oil
From The Pen Of: Jim Morin
This is for the people who really believed there were WMD in Iraq. Despite Hans Blix and the UN inspectors finding nothing after 100s of inspections. The "no exit" strategy was the Big Oil strategy set up by Cheney. Use the military to secure another countries natural resources. Classic colonial domination.
Labels:
Big Oil
George Carlin RIP
May 12, 1937 - June 22, 2008
Shit, Piss, Fuck, Cunt, Cocksucker, Motherfucker, Tits.
We’ll miss you George.
Shit, Piss, Fuck, Cunt, Cocksucker, Motherfucker, Tits.
We’ll miss you George.
Labels:
George Carlin
John McC*nt
John McCain called his second wife Cindy a cunt. This guy is McCaingerous. Funny video about it.
Labels:
Cindy McCain
Subscribe to:
Posts (Atom)