Yeah. BTW our Prime Minister is from Alberta, Calgary to be exact.His government has been re-elected for 10 days and there is a $1.7 billion defict already posted and that was just for 1 month Aug. Just over two years ago they took over with no deficit and a $12. billion surplus. One hell of a party.
Yeah. BTW our Prime Minister is from Alberta, Calgary to be exact.His government has been re-elected for 10 days and there is a $1.7 billion defict already posted and that was just for 1 month Aug. Just over two years ago they took over with no deficit and a $12. billion surplus. One hell of a party.
Camac.
I never get invited to those parties. The ones I get invited to are "BYOB."
Okay guys....I want to make sure my thinking is correct here...so OPEC folks are dropping the price of oil per barrel to make it unaffordable for Canada and the US to drill? Am I reading too much into this?
Jillian
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"Disappointments are inevitable. Discouragement is a choice."
Okay guys....I want to make sure my thinking is correct here...so OPEC folks are dropping the price of oil per barrel to make it unaffordable for Canada and the US to drill? Am I reading too much into this?
Jillian
That may be the thinking. Also, Russia was emerging as a major producer. Anything under $70.00 will bankrupt their country.
With the election tomorrow, we urgently need your help to ensure a fair and free vote.
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Today, the RNLA is continuing its efforts to help make sure that the November 4 election is fair and honest — and NOW we know that our job is even MORE important!
Monday’s Wall Street Journal article discloses that those in the Department of Justice in charge of protecting all voters' rights are stopping the practice of sending out vote monitors and are ...OBAMA DONORS!
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That's great! A new kind of campaigning, isn't it? Anyway it's a nice idea for many a of Austrian campaigners. The last campaign here in Austria (we elected in 28th of September a new administration too) was sooo an awful bore...
From Netscape Money/Business internet news. Production cuts have had little effect. If that price holds, new production will cease.
Slàinte,
Patch
The crude futures contract overnight fell $3.50 to settle at $56.16, the lowest closing price since January 2007, after the U.S. Energy Department slashed its 2009 oil consumption forecast. The department said Wednesday it expects U.S. consumption of petroleum to next year drop more severely than any time since 1980. The department's Energy Information Administration said 2009 petroleum consumption is projected to sink by 250,000 barrels per day, or 1.3 percent, more than twice that projected in its previous outlook. Signs that U.S. consumer spending has plummeted also fueled pessimism. Department store retailer Macy's Inc. said sales fell more than 7 percent in the third quarter and consumer electronics retailer Best Buy Co. slashed its fiscal 2009 guidance on fears that consumer spending will erode. Morgan Stanley said it plans to cut 10 percent of staff at its institutional securities group-the bank's biggest business that covers everything from investment banking to stock trading. ``It's not just gloom and doom sentiment, it's indeed real,'' Shum said. ``Companies are showing poor earnings and announcing major job cuts. There's a lot of bad news putting downward pressure on oil.'' The grim company news helped send the Dow Jones industrial average down 4.7 percent Wednesday, and Asian stocks followed suit Thursday. Japan's benchmark Nikkei 225 index fell 5.1 percent, Hong Kong's Hang Seng index plunged 6.1 percent, and the Korea Composite Stock Price Index dropped 5.3 percent. Oil traders have looked to stock markets for guidance on investor expectations about economic growth. The Organization of Petroleum Exporting Countries, which produces about 40 percent of world supplies, has signaled it may cut production before its next meeting in December on top of a 1.5 million barrel reduction in output quotas last month. ``I think OPEC considers $50 a must-defend price,'' Shum said. ``There are bullish elements that the market has been ignoring.'' In other Nymex trading, heating oil futures fell 1.39 cents to $1.82 a gallon, while gasoline prices dropped 0.3 cents to $1.24 a gallon. Natural gas for December delivery slid 8.6 cents to $6.32 per 1,000 cubic feet. In London, December Brent crude fell 41 cents to $51.96 a barrel on the ICE Futures exchange.
Pennsylvania's Lt. Governor - Catherine Baker Knoll died of cancer. Knoll, 78, the first woman elected lieutenant governor, died Wednesday of complications from neuroendocrine cancer. Our thoughts and prayers go out to her family.
Resulting from her passing, Governor Ed Rendell (Democrat), will now have a Republican Lt. Governor as the Senate president pro tempore, Joseph B. Scarnati III, takes office as lieutenant governor. This is a first for Pennsylvania (having a D-Governor and a R-Lt. Governor).
"An unusual provision in the Constitution - one that withstood a recent court challenge - allows Scarnati to retain his role as a Senate leader, as State Sen. Robert Jubelirer did in 2001 when he became lieutenant governor." Amy Worden Inquirer Harrisburg Bureau.
Below is a paragraph from Netscape news, received a few min. ago, which stands alone. It certainly seems to raise a lot of questions. Also, "smart" and "Government" should not be used in the same sentence considering what we have done!
"Ahead of the summit, Bush warned his counterparts on Thursday not to crush the global economy under a raft of strict new financial regulations. ``We must recognize that government intervention is not a cure-all,'' Bush said. ``Our aim should not be more government. It should be smarter government.''
``We must recognize that government intervention is not a cure-all,'' Bush said. ``Our aim should not be more government. It should be smarter government.''
What he really means is the less government there is, the less the oversight on policy and practice, and the less chance that kleptocrats like his cronies will get caught.
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