sitemeter

Thursday, May 01, 2008

Read yesterday's post and then this one.

Clinton Gas-Tax Proposal Criticized
Economists Share Obama's View

By Alec MacGillis and Steven Mufson
Washington Post Staff Writers
Thursday, May 1, 2008; Page A01

...Backing up Obama's position against Clinton's proposal to suspend the 18.4-cent-per-gallon tax for the summer is a slew of economists who argue that the proposal, first offered by Sen. John McCain, the presumptive GOP nominee, would be counterproductive...

The car took $50.00 in gas yesterday and it didn't fill up the tank. It ain't an SUV or truck.

Now the campaign geniuses think that allowing further disintegration of the infrastructure that the fucking 18 cents per gallon can't keep up with anyway, AND was stupid to continue building upon, (but that's another story altogether) is a good idea? (note how much higher CA gas taxes are)

Meanwhile people are going unfed, while the fat cats' profits on grain are up.


Before the bell: MRK, BP, ADM, MA, CFC, AAPL ...
Posted Apr 29th 2008 8:25AM by Melly Alazraki
Filed under: ...Archer Daniels-Midland (ADM)....... MasterCard Inc'A' (MA), ....Countrywide Financial (CFC), BP p.l.c. ADS (BP), Merck and Co (MRK), U.S. Steel (X), Valero Energy (VLO)
Before the bell: Street awaits Fed (V, DB, GM)...

....Archer Daniels Midland Co. (NYSE: ADM), the world's largest grain processor, said third-quarter profit rose 42% to $517 million or 80 cents per share, topping analyst estimates of 69 cents per share, as it traded more grains and crushed more soybeans. Sales climbed 64% to $18.7 billion. Seems that being in agriculture lately is a positive and ADM shares are rising 3.75% in premarket trading....

I'm fed up with this pattern.

No comments:

Post a Comment