e-CON-o-ME

Posted Thu, 07/31/2008 - 05:28 by rba
I've seen stupid, done stupid, actually got a kick out of watching stupid over the past few decades. But some of the things we Americans tend to believe take stupid to an entirely new level. Disconnect doesn't come close: - AP/LAT: Exxon Mobil's second-quarter profit sets U.S. record - Jane Kay/SFGate: 51% of Californians back offshore drilling Drill a hole in the ocean floor, send money to Exxon, help elect John McCain. Lately there have been too many days when it's not worth chewing through the restraints.

Comments

Retro thinking

by susie dow - 07/31/2008 - 05:48
It's a retro thing. It's the 1950's idea of the future. Kind of like Disney's original Tomorrowland - which apparently Monsanto was a corporate sponsor for.

It's all about the speculation

by standingup - 07/31/2008 - 08:51
They don't have to find any oil and if they do, the time frame is so long it won't make any tangible difference. It's all about the psychology of the markets. But this does not even register on the stupid meter for me. Allowing the media and pundits to once again choose our next president is ranks much higher. Offshore drilling is the least of our problems.

Ah..but McCain is a retro thinker

by susie dow - 07/31/2008 - 10:45
And what the media seem to want in the White House is a retro thinker. Why? What's so appealing about Americans living thirty years behind the rest of the world?

McCain just changed his position to match

by standingup - 07/31/2008 - 16:27
the polling. And I don't think the media wants McCain in the White House.

Path-o-Psyche

by umbrarchist - 07/31/2008 - 11:54
{{{ It's all about the psychology of the markets. }}} Psychology is the study of not thinking. If the psyche is turned off you are NORMAL. If the psyche is turned ON you must be NEUROTIC. Kill an economist for Karl
Kill an economist for Karl

Here's one that got me frothing this evening

by cho - 07/31/2008 - 16:56
...and yes, I have been too busy lately to pay attention to the news... so missed completely Bush's proposed definition of abortion including birth control bills and IUDs. Stephanie Simon's Wall Street Journal article today Treating the Pill as Abortion, Draft Regulation Stirs Debate contains a clue as to why all the work to create a regulation that apparently can be revised, rejected and the next President could just as easily reverse it....
Even if the draft is never implemented, activists on both sides consider it a potential momentum shift.
"You keep striking away and framing the issue the way you want to frame it," said David DeWolf, a law professor at Gonzaga University who has advised anti-abortion groups. "That's the political strategy."
and earlier in the article, we get the nudge nudge, wink wink line:
Administration supporters say the left's concerns are overblown and very few women would have real difficulty getting birth control. Still, some on the religious right are hoping the regulation would create some obstacles.
If the draft regulation were to prompt some insurance companies to drop coverage for prescription birth control, "that would be fantastic," said Tom McClusky, a strategist with the conservative Family Research Council.
What we have here is one of those Come on Down to vote messages to the fundamentalists who don't much like McCain. Since "McCain declined to comment" on a regulation that isn't really a regulation and can be reversed at any time -- this is clearly a message to the fundamentalist voting base.

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