29 April 2008
News and Comments - 04/29/08
Posted by Joy Bischoff under: What's News .
HOW MANY OF YOU BELIEVE IN PSYCHO-KINESIS? RAISE MY HAND.
11 Comments so far...
Jesse Says:
29 April 2008 at 2:48 am.
The rich are getting richer and the poor are getting poorer. I think it is indecent the profits the oil companies are taking.
BP First-Quarter Profit Gains on Record Oil Prices
April 29 (Bloomberg) — BP Plc, Europe’s second-biggest oil producer, said first-quarter profit rose 63 percent after crude soared to a record and natural-gas prices gained.
Net income climbed to $7.62 billion from $4.66 billion a year earlier, the London-based company said today in a statement distributed by the Regulatory News Service. Excluding inventory changes and one-time items, earnings beat analysts’ estimates.
http://www.bloomberg.com/apps/news?pid=20601087&sid=awQG7kNuiVls&refer=home
Cameron Says:
29 April 2008 at 6:22 am.
Heated campaign souring Democrats on rival candidates
By ALAN FRAM, Associated Press Writer 1 hour, 4 minutes ago
WASHINGTON - Loyal Democrat Richard Somer says if Hillary Rodham Clinton gets his party’s presidential nomination, he just may sit it out this Election Day.
A Barack Obama supporter, Somer says he has been repulsed by her use of “slimy insinuations” in the campaign. He especially disliked her attacking the Illinois senator for his relationship with William Ayers, a former Weather Underground radical with provocative views.
“She’s better than that,” said Somer, 72, a retired professor from Clinton, N.Y. He said he expects the Democrats to carry New York anyway, so he might not vote “as a protest to Mrs. Clinton.”
Somer is not the only Democrat whose views of his party’s rival candidate have soured.
Party members increasingly dislike the contender they are not supporting in the bruising nomination fight, an Associated Press-Yahoo News survey and exit polls of voters show. That is raising questions about how faithful some will be by the November general election.
In the AP-Yahoo poll — which has tracked the same 2,000 people since November — Obama supporters with negative views of the New York senator have grown from 35 percent in November to 44 percent this month, including one-quarter with very unfavorable feelings.
Those Obama backers who don’t like Clinton say they would vote for Republican candidate John McCain over her by a two-to-one margin, with many undecided.
http://news.yahoo.com/s/ap/20080429/ap_on_el_pr/campaign_divided_democrats;_ylt=AlKku6_rTFV.rDOYx2053.myFz4D
Angela Rogin Says:
29 April 2008 at 10:38 am.
Democrats were having a good time pushing the idea of a fractured republican party and their bad karma came back to bite them.
Cameron Says:
29 April 2008 at 10:48 am.
It makes no sense that we aren’t using our own oil. Some people say it is because it is cheaper to use foreign oil but I don’t believe that is true any more.
Bush pushes Congress to move on farm legislation, housing
By JENNIFER LOVEN, Associated press Writer
WASHINGTON - President Bush said Tuesday that Congress is blocking his proposals to deal with high gas prices and dragging its feet on other issues to address the nation’s sagging economy. He said he was open to any idea in terms of energy, including a proposal backed by John McCain and Hillary Clinton to suspend gas and diesel taxes this summer.
But, he said, he favored longer-term fixes, such as encouraging new oil production in the United States and the building of new refineries.
“It’s a tough time for our economy,” Bush said at a Rose Garden news conference. “Across our country, many Americans are understandably anxious about issues affecting their pocketbook, from gas and food prices to mortgage and tuition bills. They’re looking to their elected leaders in Congress for action.
“Unfortunately, on many of these issues, all they’re getting is delay,” he said.
Cameron Says:
29 April 2008 at 10:51 am.
This is obscene.
BP and Shell post big profits in era of record oil prices
Tuesday April 29, 11:02 am ET
By Jane Wardell, AP Business Writer
LONDON (AP) — BP PLC and Royal Dutch Shell PLC, Europe’s two biggest oil producers, posted forecast-busting first-quarter earnings on Tuesday thanks to record crude oil prices that are expected to bolster profits across the industry.
The combined profits of $17 billion reignited calls for a windfall tax on oil profits as consumers struggle to pay for food and fuel.
British Prime Minister Gordon Brown suggested that some of those profits should be reinvested in costly exploration for new oil reserves in the North Sea.
BP posted a 63 percent surge in first-quarter net profit to $7.6 billion (4.9 billion euros), while Shell reported a 25 percent rise, to a record $9.08 billion (5.81 billion euros).
Revenue at BP jumped 44 percent to $89.2 billion (57.1 billion euros), while sales at Shell soared 55 percent to $114 billion (72.95 billion euros).
Cameron Says:
29 April 2008 at 10:55 am.
Chaos over Paul cuts short gathering
After a super-majority of Ron Paul supporters captured control of the Republican state convention Saturday, state party officials abruptly canceled the event without electing delegates to the national convention.
Early in the day, state delegates supporting Paul’s continued pursuit of the Republican nomination voted through a rules change that forced the state party to abandon its preset ballot of potential national convention delegates and open up the race to the rest of the state delegates.
The vote followed a rousing speech by Paul of Texas, who said his presidential campaign will continue as long as he has support.
But as the convention continued into the evening, chairman Bob Beers said the party’s contract for the hall at the Peppermill Resort Casino had expired and the event would be rescheduled.
“Due to a rules change that left us on an overtime basis, we will recess the convention until a date that we are going to announce next week,” Beers told a shocked crowd, which stood silent for a few seconds before erupting in boos.
As Beers was escorted out of the building, a short-lived effort to rescue the convention was launched by party activist Mike Weber. Although several hundred Paul supporters stayed, they weren’t strong enough to make a quorum to continue the convention.
http://www.rgj.com/apps/pbcs.dll/article?AID=/20080427/NEWS/804270360/1321?1243567
Cameron Says:
29 April 2008 at 10:59 am.
Gasoline prices top concerns over jobs, health troubles
By KEVIN FREKING, Associated Press Writer
WASHINGTON - Paying for gasoline easily tops the list of economic woes facing families in the United States, according to a survey on how changes in the economy have affected people’s lives.
About 44 percent of survey participants said paying for gasoline was a “serious problem” for them. Across all income levels, the cost of gas was the most frequently cited economic concern. The price of gas nationally averaged $3.60 a gallon on Monday, according to the Energy Department.
More than a quarter of households earning more than $75,000 a year described paying for gasoline as a serious problem. For those with incomes of less than $30,000, about 63 percent felt that way.
In a distant second and third place among participants’ economic concerns were: getting a good-paying job or raise, 29 percent; and paying for health care and health insurance, 28 percent.
Following in fourth place was difficulty paying rent or mortgage, 19 percent.
jobob911 Says:
29 April 2008 at 11:22 am.
Rush is talking about how important it is to drill oil right now.
E.E. Says:
29 April 2008 at 11:30 am.
Jobob, I was listening to that too. I’m glad Rush is talking about it. It needs to become a national dialog. Rush says the only way for it to happen is for us to drill. We have to.
I don’t always agree with Gingrich but I agree with what he said about Rev. Wright. I think he is so egotistical that he is putting his pride above Obama.
Gingrich: Wright May Be Deliberately Trying to Hurt Obama
April 29, 2008 7:58 AM
ABC News’ Nitya Venkataraman Reports: In a Tuesday appearance on Good Morning America, former House Speaker Newt Gingrich, R-Ga., suggested that controversial pastor Rev. Jeremiah Wright is angry with parishioner Sen. Barack Obama, D-Ill., and may be deliberately trying to hurt his presidential bid.
Saying that Wright “went out of his way to weaken Obama” during Monday’s address at the National Press Club, Gingrich told Barbara Walters “I think Reverend Wright has a greater interest in his self-importance.”
Gingrich described Obama former pastor as “hard-line anti-American”, and said “if Rev. Wright continues to talk that the burden that Sen. Obama carries becomes bigger and bigger. ”
Gingrich described Obama’s challenges as “two-fold”, citing “left-wing relationships” calling the Illinois senator “disingenuous” about them.
http://blogs.abcnews.com/politicalradar/2008/04/gingrich-wright.html
Benjamin Says:
29 April 2008 at 2:37 pm.
Although there are white people who are prejudice, it is Reverend Wright who is making this more of a black issue than it needs to be. I didn’t spend my time thinking of Obama as a black man before all this racial tension. I thought of him as an American. I wish that was the way it could be.
Jesse Says:
29 April 2008 at 2:43 pm.
Good for Barack. He needed to make a strong stance after yesterday’s comments. I’m proud of him.
Obama says he’s outraged by former pastor’s comments
WINSTON-SALEM, N.C. - Democrat Barack Obama said Tuesday he was outraged and appalled by the latest comments from his former pastor, who asserted that criticism of his fiery sermons is an attack on the black church and the U.S. government was responsible for the creation of the AIDS virus.
The presidential candidate is seeking to tamp down the growing fury over Rev. Jeremiah Wright and his incendiary remarks that threaten to undermine his campaign.
“I am outraged by the comments that were made and saddened by the spectacle that we saw yesterday,” Obama told reporters at a news conference.
After weeks of staying out of the public eye while critics lambasted his sermons, Wright made three public appearances in four days to defend himself. The former pastor of Trinity United Church of Christ in Chicago has been combative, providing colorful commentary and feeding the story Obama had hoped was dying down.
http://news.yahoo.com/s/ap/20080429/ap_on_el_pr/obama_pastor
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