Government Control Of Profit
Current Events vs. Founding Documents Entry 141 Current Event According to The Hill, January 12, 2012 Dems propose ‘Reasonable Profits Board’ to regulate oil company profits Six House Democrats, led by Rep. Dennis Kucinich (D-OH), want to set up a “Reasonable Profits Board” to control gas profits. The Democrats, worried about higher gas prices, want [...]
EPA is Like Fire
Current Events vs. Founding Documents Entry 140 Current Event According to FoxNews/AP; April 30, 2012 Top EPA official resigns after ‘crucify’ comment A top EPA official has resigned after coming under scrutiny for 2010 remarks in which he compared the agency’s enforcement strategy to Roman crucifixion. Al Armendariz, the top environmental official in the oil-rich [...]
President Blames Speculators
Current Events vs. Founding Documents Entry 138 Current Event According to CNN.com; April 17, 2012 Obama proposal would rein in oil speculation Prices posted at a gas station in downtown Los Angeles, California, on March 16, 2012. Under pressure to bring down the high price of gas, President Obama and Attorney General Eric Holder will [...]
Energy Subsidies are Not Constitutional
Current Events vs. Founding Documents Entry 134 Current Event According to FoxNews and Associated Press, March 17, 2012 Obama seeks halt to tax subsidies for oil industry President Barack Obama is calling anew on Congress to end tax subsidies for the oil and gas industry, saying the nation needs to develop alternative sources of energy [...]
Nigerian Terror Attacks Might Indicate Escalation of MEND Terrorist Organization
The October 1, 2010 attack during the celebration of Nigeria’s 50th anniversary of independence has been attributed to a terrorist organization known as the Movement for the Emancipation of the Niger Delta (MEND), but there are questions as to whether MEND actually carried out the attack. Initially, MEND claimed responsibility for the car bomb attack [...]
The Bear and the Dragon Strengthen Economic Ties
It appears that the highly publicized stand-off between China and Japan over the detention of a Chinese boat captain is over. Both sides are requesting what they believe to be fair financial compensation, but for the most part their spat seems to have been quelled. A far more interesting and longer term issue is the [...]
Masters of the Historical Rewrite
In an interview with Brian Williams on August 29, 2010, President Barack Obama took credit for a natural phenomenon that has baffled environmental experts across the globe. After months of bleak forecasts on the long-range impact of the Gulf oil spill earlier this summer, the world generally, and the Gulf residents specifically, have been greatly [...]
BP, Obama and Energy Policy: Implications of the BP Oil Spill
On Tuesday, June 15, 2010, President Obama addressed the nation to assure the American people that he was doing everything in his power to deal with the current and future consequences of the BP oil spill. In the address, he asked BP to pay lost wages and damages for those affected and announced a revitalization [...]
Foreign Aid for U.S. Oil Spill Rejected
Thirteen nations have reportedly offered to aid the U.S. in the oil spill clean up over the past month. Projections show that these nations, who could offer technical expertise and resources, could help the United States clean up the spill in as little as three months. This is a far cry from the nine months [...]
Restoring “clAss” to the Presidency
In a June 7 interview on MSNBC, President Obama stated that he was in the U.S. Gulf region “a month ago,” talking to the locals about the impending catastrophe and looking for someone’s “a** to kick.” This was the public composure and language of our nation’s top statesman. WHAT?! To read more about this interview, [...]
