17 July 2008
News and Comments - 07/17/08
Posted by Joy Bischoff under: What's News .
For all of you who dissed the ugly dog winner yesterday, maybe you don’t think he is hot but Yoda’s sister here was drooling over him from the spectator’s seats.
11 Comments so far...
Jesse Says:
17 July 2008 at 1:30 am.
This is a shocker. When we have sanctions against them, how do we do this?
US ‘ponders Iran diplomatic base’
By Kim Ghattas
BBC News, Washington
Condoleezza Rice has said the US wants to reach out to Iranian people
The US state department has refused to confirm or deny reports of plans to establish a US diplomatic presence in Iran for the first time in 30 years.
The UK’s Guardian newspaper said the US would announce plans for an interests section in Tehran in the next month.
Officials said recently this was being discussed but not actively worked on.
The report coincides with another shift in US approach towards Iran, with a top US diplomat planning to attend talks in Geneva with the Iranians on Saturday.
With no official confirmation and crucially no denial about US plans to open an interest section in Tehran, it may well be that something is brewing.
It is an idea that has been floating around Washington for a few weeks already.
Matt Says:
17 July 2008 at 8:56 am.
funny yoda dog.
Matt Says:
17 July 2008 at 9:03 am.
Lawmakers seek oil-drilling compromise
WASHINGTON (CNN) — Two bipartisan groups — one in the House, one in the Senate — are trying to rekindle stalled energy-legislation by forging a compromise to expand domestic oil and gas drilling.
Rep. John Peterson, R-Pennsylvania formed the House bipartisan “energy working group.”
Rep. John Peterson, R-Pennsylvania formed the House bipartisan “energy working group.”
The compromise would include new domestic drilling to satisfy Republicans and promote conservation and alternative energy sources to satisfy Democrats, several lawmakers said.
The group in the Senate says its plan probably would allow drilling in new areas of the outer continental shelf, an idea vehemently opposed by Democratic leaders.
Sen. Ben Nelson, D-Nebraska, is bucking his party’s leadership by supporting new drilling. He said he and the other senators advocating the deal are “people who are all seriously concerned about the issue who want to find solutions that are most likely to involve compromise.”
“Somebody around here’s got to do it,” said another member of the group, Sen. Johnny Isakson, R-Georgia. “We think the Senate can vote in the majority for energy proposals that will reduce our dependence on foreign oil and reduce the pressure on gas prices.”
The Senate group met behind closed doors in the Capitol on Wednesday, hoping to forge legislation that could be introduced after the August recess. Talks were to continue later in the week, according to one senator who attended the meeting.
Both that plan and one from the House are expected to include language to curb excessive oil-market speculation, which many lawmakers believe has artificially caused a spike in oil prices.
http://www.cnn.com/2008/POLITICS/07/16/gas.prices/index.html
Mac Says:
17 July 2008 at 11:19 am.
I’m glad my dog has hair. Yoda dog needs to go back to her planet.
Benjamin Says:
17 July 2008 at 11:52 am.
Iraqis divided by U.S. troop timetable call
BAGHDAD (Reuters) - Iraqis want the U.S. military presence to end. But when that occurs — and whether a timetable should be set for troops to leave — is something ordinary Iraqis, security officials and politicians cannot agree on.
The differing views of two dozen people interviewed across the country reflect the dramatic changes in the past few months in Iraq, where violence is at a four-year low.
Iraqi security forces, with U.S. military backing, have cracked down on Shi’ite and Sunni Arab militants in several large-scale operations across the country.
That has given many Iraqis more faith in their own forces. Others insist the army and police cannot go it alone and that a premature withdrawal of U.S. troops could open the door to the sort of violence that nearly tore Iraq apart not so long ago.
http://news.yahoo.com/s/nm/20080717/ts_nm/iraq_timetable_mood_dc
Benjamin Says:
17 July 2008 at 11:54 am.
JPMorgan Chase profit falls 53 pct on loan losses
NEW YORK - JPMorgan Chase’s profit took a 53 percent hit in the second quarter as mortgage and other loan defaults worsened, but the bank’s results were better than expected and gave Wall Street a lift.
The bank’s shares gained nearly 5 percent in pre-market trading Thursday. Following Wells Fargo & Co.’s stronger-than-expected results released Wednesday, investors appear more confident that the banking sector, while struggling, will be propped up by some of its healthier players.
JPMorgan Chase & Co. earned $2 billion, or 54 cents per share, in the April to June period, down from $4.23 billion, or $1.20 per share, in the same time frame last year. Revenue slipped 3 percent to $18.4 billion. Analysts surveyed by Thomson Financial had predicted, on average, a profit of 44 cents share on $16.6 billion in revenue.
JPMorgan took a provision for credit losses of nearly $3.5 billion, or $4.3 billion when the effect of securitized credit cards — which are off the bank’s balance sheet — are included.
The bank, like its competitors, has a tough environment to slog through.
E.E. Says:
17 July 2008 at 1:08 pm.
This is good news. Keep it up. Maybe people can see that Americans aren’t going to take it without hollering a lot so that maybe congress will be forced to lift the drilling ban.
Crude falls to below $130 on economic worries
Futures lose $15 in three days; natural gas tumbles 8% after inventories data
SAN FRANCISCO (MarketWatch) — Crude-oil futures fell Thursday for a third session, briefly pulling back to below $130 a barrel for the first time in more than one month, as worries continued that slower economic growth will curb oil demand.
Crude has lost more than $15 in three days. Meanwhile, natural-gas futures tumbled more than 8% Wednesday as government data showed U.S. inventories gained more than expected.
After rising $2.15 to an intraday high of $136.75, crude for August delivery slumped $4.85 to an intraday low of $129.75 a barrel, trading below $130 for the first time since June 5. Crude has lost $15.43, or 11%, in the last three sessions. It was last down $3.60, or 2.7%, to $131 a barrel on the New York Mercantile Exchange.
Cavetrollhead Says:
2 August 2008 at 12:05 pm.
Is there no longer a news and comments page?
Cavetrollhead Says:
2 August 2008 at 12:08 pm.
http://www.dailytech.com/Australian+Researchers+Warn+of+Global+Cooling/article12250.htm
Global cooling crises brewing.
“Spin-orbit coupling” to blame; effects could last decades.
A new paper published by the Astronomical Society of Australia is warning of upcoming global cooling due to lessened solar activity. The study, written by three Australian researchers, has identified what is known as a “spin-orbit coupling” affecting the rotation rate of the sun. That rotation, in turn, is linked to the intensity of the solar cycle and climate changes here on Earth.
Roy Bischoff Says:
2 August 2008 at 12:41 pm.
Cave, we’re taking a summer break til Sept.
Cavetrollhead Says:
2 August 2008 at 2:55 pm.
OK thanks
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