Since the march towards 11,000 was so successful, it’s now time to start the march towards 10,000.
The march towards 10,000
15 07 2008Comments : Leave a Comment »
Tags: stock market
Categories : Economy
Piling on
15 07 2008It took a day longer than I expected, but finally a major liberal blog found a reason to pile on Harold Ford, Jr. for his interview with the Today Show yesterday.
I personally thought it was a very good interview. He probably could have hit McCain more, and we probably didn’t need the bit about how “there might be something there” with the flip-flopping on campaign finanance (which he immediately minimized by pointing out several more important issues), but again, overall good.
Though I find it odd that the item they found to criticize Ford on was him saying that Obama is running to be President of the United States and not “President of any liberal group.” I mean yeah, and he’s wrong about that how?
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Tags: Crooks and Liars, Harold Ford, Jr.
Categories : Dumb Liberals
I know how to win wars
15 07 2008I have a question though: Exactly what experience is McCain using to claim that he can win wars. It’s one thing to be a troop fighting in a war. It’s quite another to be someone who can come up with both a strategy and tactics to win a way.
As I’ve noted before, there is a difference between strategy and tactics. Obama in his speech recognized that, while there are tactical successes that the surge has provided, the surge has yet to result in a strategic success, namely allowing the Iraqi’s to get their political act together. It is the larger picture – the picture of strategy – which is ultimately important. It is nice to win battles and achieve tactical victories, but without a strategic victory, the whole thing is moot. You can win 1000 battles, and still lose the war.
This is why McCain cannot use his support for the surge to claim that he “knows how to win wars.” Yes, he may have shown that, in this one specific instance, he supported a policy which granted a limited tactical victory, but it shows nothing about whether he can come up with a good strategy. One can be great at commanding an army in battle, but be terrible at managing a war (and vice versa).
Similarly, he can’t really use his military experience or his POW experience to argue for it either. Again, being a soldier doesn’t mean you know jack about managing a war, and being a POW has absolutely nothing to do with the question. Yes, it makes him a hero, but it doesn’t mean he knows how to formulate military strategy.
So I ask again – exactly what experience is McCain using to say that he can “win wars” and is thus, somehow, intrinsically more qualified to be commander-in-chief than Obama is?
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Tags: John McCain
Categories : Election 2008, Iraq War
McCain Spokesperson lies about Katrina Oil spills
15 07 2008We withstood Hurricanes Rita and Katrina and didn’t spill a drop [of oil].
Comments : 1 Comment »
Tags: Hurricane Katrina, Hurricane Rita, John McCain, Oil
Categories : Election 2008
Does supply determine oil prices or not?
15 07 2008Pro-oil forces here in the US seem to be tying themselves in knots and going around in circles trying to justify their positions on off-shore drilling and further market regulation.
First, for a little while we’ve seen a push by Congress to further regulate oil speculators. However, pro-oil forces claim that speculation isn’t the problem, and that (lack of) supply and demand is the reason for high oil prices.
Their solution? More offshore drilling! However, opponents of off-shore drilling then point out the obvious: off-shore drilling won’t bring any new oil onto the market in 5 or even 10 years, and even then won’t impact gas prices all that much. The time and money we spend on drilling offshore could be better used to research alternative energy sources.
So what are pro-oil forces to do about this? Argue that by merely announcing that we intend to drill, we can lower the price of oil in the futures market, of course! See, we don’t even need to drill for oil to lower prices, as long as we can show that we’re gonna put more oil on the market 10 years from now.
But by arguing this, aren’t Bush and company basically admitting that the price of oil isn’t caused by supply, but instead by speculators after all? And if it’s caused by speculators, isn’t trying to regulate them the more efficient and perhaps more effective way to try to lower oil prices in the first place?
And if prices really are caused by supply instead, then how can just announcing that we’re opening off-shore drilling lower oil prices when no new oil is hitting the market in 5 to 10 years?
I guess speculation can never increase oil prices, but it sure can lower them. Funny how that works.
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Tags: Oil Prices
Categories : Bush Administration
