Kezorm

Americans Forget High Oil Prices Too Quickly

"That said, what we really need is fair government that implements capitalistic policies for the benefit of the many, not of the few."

When I voted in November, the type of wish you expressed above is what I was voting for. I picked the candidate who I thought most likely to deliver it. Here are some excellent, early signs:


www.reuters.com/articl......

Obama vows strong new financial regulations

Sun Dec 7, 2008 11:06am EST

WASHINGTON, Dec 7 (Reuters) - U.S. President-elect Barack Obama said on Sunday he would put strong new financial regulation at the center of his economic recovery program to force more accountability on the banking industry.

Obama again warned that the U.S. economic crisis, which saw the country lose more than half a million jobs in November alone, would worsen before it gets better.

"As part of our economic recovery package what you will see coming out of my administration, right at the center, is a strong set of financial regulations," Obama said in a taped appearance on NBC's "Meet the Press" television show.

"Banks, ratings agencies, mortgage brokers, a whole bunch of folks (will) start having to be much more accountable and behave much more responsibly.

"We've got to have transparency, openness, fair dealing in our financial markets and that's an area where I think over the last eight years we've fallen short."

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How about that last line for a polite understatement? :)

Oil Majors vs. Drillers: The Battle for Profits

Who builds drilling rigs? Samsung. Also check out USA company ROWAN (RTC I think.) Good luck.