gordon

How Will Temporary Decline in Oil Prices Impact Energy Sector?

Nobody is going to buy electric cars, forget it. Here in San Diego County, none of these macho-idiots driving a 7000+ pound tank is going to get in a little death-trap for more than 30 seconds on the lot. The refiners are not cutting runs, looks like the wholesale gasoline price (.89) is going to the 2002-3 recession 75 cents, 2001 was 50 cents, that's $1.49 gas, maybe lower? They want to make sure Obama's
plans don't get "traction". They'll kill it at a loss for a year to protect their future.
Sure, some rich can afford it, maybe they'll get a tax refund loophole, but those
blue-collar WAGE-earners aren't buying this pie-in-the-sky. Utilities already are
in crisis, trying to raise rates to clean up coal-burning mandates, this grid is
flat-out not happening, neither is Boone Picken's.

Senator Dodd's Housing Solution - Cramer's Mad Money (5/21/08)

Apparently, Dodd has accepted more lobbying money than almost anyone in Congress. Reportedly, the homebuilder group even bought one of his vacation homes at an inflated value recently. Homebuilders, as expressed yesterday by Hovnanian, are counting on Dodd to get them the 4-year carry-back loss provision, allowing them to writeoff income taxes paid back 4 yrs instead of 2 So they get back all the taxes they paid in 2 GOOD YEARS! CAN WE GET THAT? Also, they want tax credits for buyers of new homes! THIS ALL SMELLS. DODD smells! This guy wanted the Presidency? He is slime. Expose where his money is coming from.