The Phony “Bush Lied” Storyline

Those of us not susceptible to Bush Derangement Syndrome have always known that "Bush lied, kids died" is a phony story line for the political usage of the democrats; a rallying cry for the angry left; a mental disease with no known cure.

President Bush Blames Democrats For High Gas Prices

Photo: misterfreak, Creative Commons, Flickr I know the Democratic leaders have opposed some of these policies in the past. Now that their opposition has helped drive gas prices to record levels, I ask them to reconsider their positions. If congressional leaders leave for the 4th of July recess without taking action, they will need to…

Is Total (TOT) a Good Choice for Stock Investing?

Big Oil companies are currently offering "value" investing opportunities. While the stock market takes a break today, with oil prices falling back a bit and gas prices easing a very little, oil companies may provide good buying opportunities. Among those that stand a good chance include Total (TOT), the French "supermajor" oil company.

Honda (HMC) Introduces a Hydrogen Fueled Car

The Honda FCX Clarity is a hydrogen powered car that claims to have twice the efficiency of traditional gas and electric hybrid vehicles. And it doesn’t emit greenhouse gases. Ever. No matter what mode it’s in. (Although one could argue that the greenhouse gases involved in creating the electricity portion are an issue.)

Doing the Springsteen to Extinction

Bruce said it best when he wrote the song, "One Step Up," bewailing the fact that we humans don’t seem to be able to learn even from the hard lessons, creating a history that is almost consistently one step up and two steps back.

Exxon Mobil (XOM) is Selling its Gas Stations

Photo: emilyd10, Creative Commons, Flickr Exxon Mobil (XOM) is announcing that it is selling more than 2,000 of its gas stations. This move is part of Exxon’s movement in a new direction to become leaner, and more efficient, focusing more on energy production than on the retail side of things. However, Exxon still plans to…

The Tipping Point: 7.8

Drowned out by the uproar over global warming, the issue of ocean acidification doesn’t get much press lately, even though its cause (carbon dioxide emissions from burning fossil fuels) is identical and the results are even more disturbing.

XTO Energy (XTO) Continues to Expand

A couple of days ago, XTO energy (XTO) announced that it is acquiring Hunt Petroleum. Hunt Petroleum is a privately held company, and its absorption into the XTO family comes on the heels of recent equity acquisitions from Linn Energy (LINE) and the privately held Headington Oil. The deal is $4.3 billion in stock and…

Obama Advisor Defends WalMart but I Buy Target

Photo: drp, Creative Commons, Flickr Liberals are criticizing Obama Economic Advisor Jason Furhman for his pro WalMart (WMT -$59.50) comments. USNews blogger James Pethokoukis thinks Jason Furhman may not last long with Obama but I hope he does. Furman is from the Brookings Institute and seems to be fairly centrist. I do not currently hold…

The Fed Considers Collateral Value vs. Inflation

Would the Fed hold back on stopping inflation just to protect its new mortgage portfolio? Michael Pento at GreenFaucet certainly proposes the idea. I think the proposal is wrong. The value of collateral held by the Fed is much less important to them than the long-term effects of inflation. Inflation hurts the credibility of the…

Windfall Tax on Big Oil Fails Again

Photo: Misterbisson, Creative Commons, Flickr Senate Democrats once again tried to push through a bill to create a windfall tax on Big Oil profits. And, again, it failed. In order for a debate on the bill to even be opened, 60 votes are needed. Those votes were absent, and so the windfall tax on Big…

Consumer Driven Healthcare: More Rhetoric than Reality

Republicans have long asserted that the solution to solving America’s health care crisis is to give greater power to the consumer to make her own health care choices. Republicans view high deductible plans and electronic medical records as tools that will give consumers greater control over their health care. It sounds good conceptually, but reality…

Time, Money and Airport Delays

Time is money, especially when it comes to airport delays. In 2007, travelers lost 320 million hours to flight delays, according to Forbes Magazine. A May report from Congress’ Joint Economic Committee put the total losses at $40 billion annually. As Forbes points out, everyone is frowning, except the vendors in the terminal. People don’t…

Recommended Reading: June 9, 2008

"The market is widely referred to as a discounting mechanism," says GPS Capital Research. "However, its ability to discount anything extends only as far as the collective knowledge of its participants. And to be blunt, the vast majority of today’s investors— professional or otherwise— know little if anything about making money in the market." Why…

Balloons Translated into Energy Future

Photo: heartlover1717, Creative Commons, Flickr I’ve been seeing balloons lately, and it’s not a circus or senility, or even the fact that age has me revisiting the delights of my childhood, but rather the potential for balloons (or blimps, or kites) to provide virtually unlimited energy to an increasingly power-hungry world.

Sisyphus and the Third World

Photo: litmuse, Creative Commons, Flickr Since the first Western explorer set foot in the New Worlds, those inhabitants have had to roll the rock up an ever steeper hill. From outright military domination and expropriation of resources for the smelters and factories of the industrialized countries to decades of struggles for national liberation and the…