Tuesday, April 29, 2008

Rep Knollenburg wants to help Big Three

http://www.detnews.com/apps/pbcs.dll/article?AID=/20080429/BIZ/804290426/-1/rss

WASHINGTON -- U.S. Rep. Joe Knollenberg proposed spending more than $1.2 billion
over five years to aid domestic automakers as
they spend billions to comply with new fuel economy standards.
He also
proposed a rewrite of the tax code that could be worth as much as $3.2 billion
to Detroit's Big Three automakers in annual tax rebates.

Normally I would say I am against such subsides, but I see how this area is hurting and would support it if there were a provision that the money has to be spent in the US or somehow be guaranteed to help American workers. This money cannot be spent overseas.

Friday, April 25, 2008

Strategic Oil Reserve Controversy

http://thehill.com/leading-the-news/pelosi-wants-bush-to-stop-filling-petroleum-reserve-2008-04-24.html

House Speaker Nancy Pelosi (D-Calif.) Thursday called on President Bush to stop filling the Strategic Petroleum Reserve as a way to reduce gas prices at the pump.

So here is my question - why are we still filling the SPR when prices are at an all time high, and why don't we start selling that on the open market to alleviate some debt or something?

I am sure there is a way I could research this, but I wonder if the 70,000 barrels a day is a higher or lower amount than previous - i.e. is Bush trying to move more public money to his Big Oil buddies?

Friday, April 18, 2008

Pistons thought

http://www.freep.com/apps/pbcs.dll/article?AID=/20080418/SPORTS03/804180384/1051/rss16

It is very interesting that there is no talk in this article from the Pistons about how they know how to win, they are not worried. They sound like they are ready to make a better effort. Positive sign.

Tuesday, April 15, 2008

Tigers on Tax day

So, I am watching the end of the Tigers game, and Rayburn made one heck of a play, even if it didn't quite work out. Had Young not scored, that would have been play of at least the week. Anyway, did I see Cabrerra try the hidden ball trick on Monroe? That wasn't mentioned.

Anyway, good win, need many more.

Oh and taxes due in 1 hour 52 minutes.