Friday, November 11, 2005

In the wake of the week

Forget the CEO testimony, it's the FTC, stupid!

They're the ones who can find and prosecute collusion ...

WASHINGTON, Nov 9 (Reuters) - The Federal Trade Commission has sent subpoenas to Big Oil companies in its investigation of gasoline price manipulation and oil refining capacity constraints, and hopes to complete the probe next spring, the agency's head told a U.S. Senate hearing on Wednesday.

The agency sent out "dozens of subpoenas" to companies, including oil giants Exxon Mobil Corp. , Chevron Corp. , ConocoPhillips , and the U.S. units of BP Plc. and Royal Dutch Shell Plc. , FTC Chairwoman Deborah Majoras said.

She spoke following a hearing on energy profits held by the Senate's energy and commerce committees. "It is a major investigation."

... Remember, markets only do what the Law of Supply and Demand requires. It's restraint of trade that's illegal.


Liberals get no respect, even in Canada

"On Monday, the Liberals are expected to deliver a fiscal update that will detail its pre-election platform. Wiseman said Finance Minister Ralph Goodale will announce a projection of a $10 billion surplus. [... remember what a surplus felt like? I do ]

...The Conservatives, meanwhile, are reacting positively to Layton's proposal [to force early elections] and said all opposition parties are joining forces to bring down the minority Liberals."


Diebold is a voting machine in Egypt?

CAIRO, Egypt Nov 10, 2005 — President Hosni Mubarak's strongest challenger in the presidential race two months ago lost his parliamentary seat in an upset in the first round of Egypt's legislative elections, according to initial returns Thursday.

Ayman Nour, a key mainstream opposition figure, was defeated Wednesday by a candidate of the ruling National Democratic Party for the south Cairo seat he had held for 10 years, the results said.

... Abdul! Every time I try to touch Nour's picture, Mubarak's winks at me!


Dems hopes rise but futures dim

Even in their improved position, Democrats will have limited numbers of targets. Because congressional boundary lines place most lawmakers in districts clearly favoring one party or the other, fewer than 10% of House seats held by Republicans currently are considered at risk. Most Senate Republican incumbents facing re-election next year remain favored to win.


YAUNEL: Yet Another Unelectable Northeastern Liberal

Anyone else looking forward to '08 the way I am? I can hardly wait to see the next YAUNEL the Dimmocrats decide to put up against whatever cretinous proto-facsist the pubbies settle on.


Random Thots:

The State shouldn't be involved in marriages. They should recognize civil unions for legal purposes and let the clergy handle the marrying.

If Dubya were a Democrat he'd have been impeached by now.

ANWR spared? HA! That oil isn't going anywhere --They'll get it next time.

Paris, City of Light (as in lightweight gov't)

Re CA props: Straight "no". No, no, NO, NO, NO, dammit! I hope that message got thru. (Any other year, several props would have passed in CA. There was a larger issue at stake this time)

Prop 13's Dirty Little Secret:
...It applies to businesses, too! That means when there's competition, firstcomers can prices and undercut latecomers' costs. And when the latecomers go bust, well, you know what happens then.

Judith Miller retires from NY Times. Kinda like Eagles losing Owens.

Scott McClellan does a pretty good Ron Ziegler immitation.

If only 25% of Kansans believe in evolution and over 50% in the pentefundegelical version of Creation, why should they be forced to teach evolution in their schools? Willful ignorance is as willful ignorance does.

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