It is official: Ed Morrissey is a tool

I’ve held my tongue long enough.

It is official in my book. Ed Morrissey is nothing more than a Republican tool. Not to mention a Neo-Conservative, Pope-Worshiping tool.

I just got done reading Ed’s rather idiotic ramblings about how we should just allow Detroit’s big three to drop dead and die.

You see, there’s a small problem with that, My Dad was employed by G.M.; He’s retired now; and when you insult G.M., The UAW, and the workers at G.M., you are insulting my Father.  The last time some ignorant son-of-bitch insulted my Dad to my face; I ended up breaking his collar bone, in three places, cracked about 5 of his ribs and broke about 5 of his front teeth. Oh yeah, I was that angry. 😡

My Father and I, we’ve had our disagreements in the past and there’s been times, when he’s really ticked me off, but you let someone badmouth my Dad and it’s on. It’s a southern thing, and I highly doubt that you damned Yankees would even understand it at all. Politics is one thing, but family’s another and Ed just crossed into the “Fuck off and Die” category with me, when he took occasion to basically say that my Father and all of the Father’s at General Motors, Ford and Chrysler were nothing but pieces of shit. Yes, I am taking it personally.

I guess I’ll use this opportunity to say this publicly, I won’t be returning to Ed’s daily show. Because you see, when you insult my father, I tend to take that a bit personally and it tends to make me a little angry. No, let me rephrase that, that makes me a whole bunch of angry.

There was a period, when I thought that Ed Morrissey was one of the more level-headed Conservatives, needless to say, I was very wrong in that estimation of him. The truth is, Ed’s nothing more than your a-typical “well to do” Conservative, who’s attitude is “I’ve got mine and screw you” attitude, which is so-typical of your Republicans and most Conservatives.  Much like that slant-eyed bitch that he works for.

So, Ed, if you happen to read this…. On the behalf of my Father and Family, who also worked for G.M….. two words fat boy, fuck you and the fucking horse you rode in on, asshole.

Creepy, Freaky and quite deaky!: Obama to appoint an “auto czar?”

(H/T to Michelle)

Full Disclosure: My Dad is a retired G.M. Employee and Union member.

You know, living here in the middle of all things Liberal, being a Libertarian Conservative is a bit, well; Odd. It does have it’s advantages. I tend to be a bit more Moderate about things. However, this one here spooks me.

This one’s via US News and World Report:

The troubles of the ailing auto industry are quickly becoming a major focus for President-Elect Barack Obama’s young administration. As Congress and President Bush debate an industry bailout, sources indicate that Obama may favor creating a White House office, headed by an “auto industry czar,” to oversee reforming the troubled American auto industry.

The Detroit News reports that both “Bush and Obama are signaling they may favor appointment of an auto czar to oversee the government’s efforts to funnel emergency assistance to automakers.” Congressional leaders and members of both the outgoing and incoming administrations have all said that automakers might receive federal aid only on certain dictions, including efforts “to further improve fuel efficiency and show that they have a plan to return to profitability. Automakers could also be required to give the government preferred stock in the companies and accept government representatives as board members. As in the 1979-80 Chrysler bailout, workers may have to make wage concessions.”

The press was unable to get direct confirmation of the plan yesterday. John Podesta, the former Clinton administration official heading Obama’s transition team, told the Washington Post “When we have an announcement about that, we’ll raise it.”

While I am bit happy to see that my dad’s 31 years will not be basically flushed down the toliet, because of incompetent managers.  The word Czar being used in the relation to Business, gives me the willies.  Least I be accused to trying to channel McCarthy; I think it reaks of Communism myself.

Could not they use another word? Like Commission, or Overseer, or something? Anything but Czar. 😮

I may just be a old paranoid weirdo, but Czar conjures up images of concentration camps, Nazi’s and all that sort of stuff.

Someone’s gotta say it!

I am, without apology, a moderate. For most political matters, I’m pretty much cut and dry. But when it comes to personal matters, I tend to lean more towards a moderate, compassionate stance.

This is one of them matters.

I happen to be reading my RSS feeds and I was rather alarmed by the coldness and dismissive tone of this Blog entry.

The entry which I happened to come upon by reading Lew Rockwell’s Blog. Some smart mouth jackass by the name of Philip Greeenspun says, basically, “To the hell with G.M. let them go bankrupt.”

Mr. Greenspun, on the behalf of my Father, a 31 year G.M. Employee and Retiree of General Motors, Cadillac Motor Car Division; and a United Auto Workers Member and everyone else in both of those organizations, who have done more physical labor, than you’ll ever hope to perform; I personally invite you to take a long, extended vacation……IN HELL.

There are just some issues where my Libertarianism stops and my Americanism or Nationalism starts. This is one of those places.  😡

Important Announcement From the Blogs 4 Borders Crew!

Jake Delivers a sobering announcement about the Blogs 4 Borders BlogBurst. 🙁

….and here I am unemployed and cannot help. 😥

If you want to help Jake get his show on the road, click here to send him a message. Or go to his YouTube site and leave him a message there.

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The Economist endorses Barack Obama

(Via The Corner)

This further increases my sinking feeling that McCain does not have a prayer.

From the Economist:

IT IS impossible to forecast how important any presidency will be. Back in 2000 America stood tall as the undisputed superpower, at peace with a generally admiring world. The main argument was over what to do with the federal government’s huge budget surplus. Nobody foresaw the seismic events of the next eight years. When Americans go to the polls next week the mood will be very different. The United States is unhappy, divided and foundering both at home and abroad. Its self-belief and values are under attack.

For all the shortcomings of the campaign, both John McCain and Barack Obama offer hope of national redemption. Now America has to choose between them. The Economist does not have a vote, but if it did, it would cast it for Mr Obama. We do so wholeheartedly: the Democratic candidate has clearly shown that he offers the better chance of restoring America’s self-confidence. But we acknowledge it is a gamble. Given Mr Obama’s inexperience, the lack of clarity about some of his beliefs and the prospect of a stridently Democratic Congress, voting for him is a risk. Yet it is one America should take, given the steep road ahead.

I can tell you right now, there are many wealthy people, who read this magazine and it’s distributorship is to many Conservatives. I look for many Conservatives to cross the aisle and vote Democrat.

From The Economist’s Political Blog Democracy in America:

And, by the way, he will probably get it. Here’s to hoping Mr Obama’s moderate and sensible side wins over his primary-season, protectionist-populist side.

I bet there’s a good number of people betting on that hope. But I highly doubt that Obama is going to do anything extreme during his tenure as President.

Anyhow, it was a very interesting endorsement.

Dude, where’s MY Union?

I was reading this morning over on a Liberal blog, about the return of the middle class and unions. As a Moderate, I will confess, I have no quarrels with unions. But as a bit of a Conservative, I do criticize them and their double standards.

This entry at firedoglake by someone calling themselves Joe Fish is of interest:

As a member of a union that I have to wonder about sometimes (ALPA, the Airline Pilots Association) I think it’s certainly worthwhile to talk for a minute about the Employee Free Choice Act and the role of unions in building a stronger middle-class and hence stronger America. Why do I wonder about ALPA? More on that in a minute…

A quick and simplistic review for those not old enough to remember the ultimate Federal Union Buster, Ronnie Reagan and his most excellent (in his mind) PATCO adventure. In 1981 the air traffic controllers union decided to go on strike and the controllers were fired by Reagan for violating a federal law banning strikes by governmental unions, although previous strikes by other governmental unions like the Postal Workers had not been punished by terminating their employees. Reagan’s views of unions was the same as virtually every other major republican figure of the 70’s and 80’s; that unions were the creation of the devil and the antithesis of American/Free Market capitalism and thus should be put down like Old Yeller… with a single shot to the head, but without the emotion.

This, of course, is a stretch of the truth and a bit of poetic license. Reagan was forced into the position that he was put in, by the union. Reagan knew that if the air traffic controllers had struck, commerce would have been interrupted and it could have led to a shut down in the economy. Reagan saw that and took action. One must remember, the economy was still shaky from the disastrous Presidency of Jimmy Carter.

Where does this apply to me? My Father is a U.A.W. member, I am very appreciative and grateful for the many great things that the Unions did for him. I am here today, because of that. I am also, as a history buff, very aware of the role that the unions had in the forming of this area here. However, as a man, I must ask the unpopular question, asked by many of the children of the Union members:

What exactly has the unions done for me?  The sad, but truthful answer is, nothing at all. Has the union ever approached my Father and offered me a job in the plant, where my dad worked, No. The closest thing I ever came to getting a job offer from the Union, was G.M. sending me for a test to see if I had the smarts to work for the company. Me and 10,000 other people. The test I took, there were people at this testing session with 2 year college degrees, who were having trouble with it. Needless to say, I never got a call to work for the company.

The sad truth is that the unions have simply become protectionists. There was a time when the unions had a legitimate role in defending auto workers from the out of control hiring and firing polices of the auto companies here in Detroit. But because of the greater control and stricter labor laws in America. Unions have lost their value. Not to mention the various trade agreements, passed by the Democratic President Bill Clinton, which was viewed by many unions as a “selling up the river”, caused the unions to lose their foothold in the organized labor movement.

This is not to say that I think that unions should be eliminated, not at all. I think if the unions want to be brought back into the mainstream and taken seriously again, the Democrats need to work to make them strong again. Like renegotiating trade agreements and if said countries will not, Op out of them. This was a early campaign promise of Obama. I wonder if he will honor it? This would cause the unions to become strong again. Also, giving tax breaks to companies who hire new blood, without all the restrictions, would be a bonus as well.

So, until this, I ask the question; Dude, where’s my union?

The Wall Street Bailout drama continues….

Just a word of warning, I’m still nursing my first cup of coffee. Coffee-cupSleepyYawn So, hopefully, this article will make some sense. Hee hee

But the good news is, I got my emoticons back here. Dancing So, I can at least show a little emotion in my writings. Big Grin

Some people say that if you use the Emoticons, people tend to not take you as serious. Well, to that I say, well, Phbbbttt Because I feel you would not take me serious either way, if had the emoticons or not.

The “Mother of all bailouts” is creating it’s share of drama in the Blogosphere and on Capital Hill. For instance, Minority Leader John A. Boehner called the deal a “crap sandwich”. Sick and Rep. Paul Ryan, R-Wisc., ranking Republican on the House Budget Committee said of the Bill, “It sucks”. Michelle Malkin is just flat out encouraging her people to “Kill the Bill”. However, Jack Fowler at the Corner is saying:

Conservatives should support them in backing the bailout plan. And then, when that is completed, roll up our sleeves and join Cantor & Co. as they work to craft and enact a broader strategy to improve America’s fiscal health.

So, obviously, this thing is dividing Conservatives.

Another interesting tidbit of information, according to “The Hill”, Rep. Dennis Kucinich (D-Ohio). says:  “I will tell you right now I don’t know if they have votes,”  “If the votes were there, this would be on the floor. The votes aren’t there.” An interesting development indeed.

Obviously, there’s a ton of opinions and angles on this story. Most of which can be found at Memeorandum.

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A very interesting video on our Nation’s banking system

This video, made by the Ludwig Von Mises Institute, makes the case of why the United States of America should go to a 100% gold standard.

I highly recommend that everyone watch this video.

Also, I recommend everyone go to my bookstore and check out the section on the gold standard.

Trackposted to Blog @ MoreWhat.com, Rosemary’s Thoughts, A Blog For All, Right Truth, DragonLady’s World, Shadowscope, Leaning Straight Up, Cao’s Blog, Democrat=Socialist, Conservative Cat, Diary of the Mad Pigeon, , Allie is Wired, Faultline USA, third world county, Woman Honor Thyself, The World According to Carl, Walls of the City, Pirate’s Cove, The Pink Flamingo, Gulf Coast Hurricane Tracker, Wingless, Dumb Ox Daily News, and Right Voices, thanks to Linkfest Haven Deluxe.

 Linkfest Haven, the Blogger's Oasis

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Blogs 4 Borders for the week of 9/2208

Our weekly vlog/podcast on illegal immigration and border security. In this weeks edition…

You do the math: Lake County Illinois cuts murder rate in half utilizing 287(g) protocol.

Uncounted Beans: Kansas politicians on the other hand are quite happy to have illegal aliens killing their citizens.

100% Preventable! Americans continue to pay the bloody price for open borders, when will the madness end?

Download for your Ipod here.

Make sure to visit our sponsor….


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If you’d like to sponsor a show contact us here.

This has been the Blogs For Borders Video Blogburst. The Blogs For Borders Blogroll is dedicated to American sovereignty, border security and a sane immigration policy. If you’d like to join find out how right here.

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End of Day Market Numbers

As I reported earlier. It was going to be a bad day on the stock market. Unfortunately, I was right.

Market Chart

Dow

10,917.51
-504.48
(-4.42%)

Nasdaq

2,179.91
-81.36
(-3.60%)

S&P 500

1,192.69
-59.01
(-4.71%)

10y bond

3.39%
-0.15
(-4.24%)

USD-Euro

0.7044
+0.0004
(0.06%)

USD-Yen

  • 105.8300
    -1.8000
    (-1.67%)

USD-GBP

0.5587
+0.0007
(0.13%)

Hopefully tomorrow will be better for everyone.

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Stupid Local Story of the day: Crowd prays to heal Detroit’s economy

Via The Detroit News:

Nearly 1,000 believers of all faiths descended on Hart Plaza Sunday to pray for healing and economic prosperity for the city of Detroit and the region.

Organizers from Warren’s Renaissance Unity mega-church titled the event “I lift Detroit in Prayer,” and distributed bright yellow bumper stickers with that message. The interfaith ceremony attracted members of the Jewish, Islamic, Christian and other faiths, as well as a mix of Detroiters and suburbanites.

“I am focusing on the economy of the Metro Detroit area,” said Jaime Nix, 58, of Warren. “We’re all in this together.”

The crowd sang “Amazing Grace” and many lifted their hands in prayer. Later, they were invited to scrawl prayers or positive affirmations in 48 journals positioned around the event.

At a time when the sign on the plaza’s kiosk still reads “Mayor Kwame Kilpatrick Welcomes You to Detroit,” many said they were there to pray for healing in the wake of the scandals that prompted the resignation of the former mayor.

“Detroit needs prayers, the way it’s been lately,” said Shannon Carrier, 37, of Roseville. “It’s been the mayor, the economy, unemployment … the list just goes on and on.”

Nancy Salder, 69, of St. Clair Shores, wrote a message of hope in one of the bright yellow books.

“I wrote ‘Thank you God for the transformation that’s already going on,'” Salder said. “We already have a new mayor. This is going to open up all the energy, and get Detroit back.”

While they’re praying, they ought to be praying for all those corrupt Democrats that brought all the troubles on the City of Detroit. Of course, the most corrupt one, Coleman A. Young, is already in hell. So, no amount of praying will help him.

While they are at it, pray for the corrupt unions that broke the Auto industry with their insane greed and collective bargaining to the point to breaking the Auto Companies and keeping them from turning profits.

Idiotic Liberals, you just have to love them, or you’d go crazy!

Our local economy is broken, let’s cry to the Gods! 😆 🙄

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A possible dicey day on Wall St.

I knew about the problems that were happening over on Wall Street and in the banking world. I was just unaware of just how bad it is.

It turns out, that it is really bad. I mean, really seriously bad!

The Wall Street has a great Video and Story up over on their site.

Here’s the Video:

Quote from WSJ:

The American financial system was shaken to its core on Sunday. Lehman Brothers Holdings Inc. said it would file for bankruptcy protection, and Merrill Lynch & Co. agreed to be sold to Bank of America Corp.

The U.S. government, which bailed out Fannie Mae and Freddie Mac a week ago and orchestrated the sale of Bear Stearns Cos. to J.P. Morgan Chase & Co. in March, played much tougher with Lehman. It refused to provide a financial backstop to potential buyers. Without such support, Barclays PLC and Bank of America, the two most interested buyers, walked away. Barclays said Monday it pulled out of the potential deal after deciding it wasn’t in the best interest of shareholders.

Late Sunday night, Lehman said it intends to file for protection under Chapter 11 of the U.S. Bankruptcy Code with the United States Bankruptcy Court for the Southern District of New York. Lehman said none of the broker-dealer subsidiaries or other subsidiaries of LBHI will be included in the Chapter 11 filing and all of the broker-dealers will continue to operate. Customers of Lehman Brothers, including customers of its wholly owned subsidiary, Neuberger Berman Holdings LLC, may continue to trade or take other actions with respect to their accounts, Lehman said.

On Sunday night, Bank of America struck an all-stock deal to buy Merrill Lynch for $29 a share, or $50 billion.

Though it steered clear of a bailout, the Federal Reserve is expected to take new steps to stabilize the broader financial system. These steps, expected to be temporary, would make it easier for banks and securities firms to borrow from the central bank by using a wider range of collateral. Bankers say these financial institutions might need short-term funds as they unwind their many trading positions with Lehman.

While I do not have anything invested on Wall Street, I know people who do, in fact, my parents have stock options in G.M. So, this may just affect them. I will be watching this story all day today. This Blog is mainly politics, but I also Blog about other news stories of interest. Anyhow, this could trigger panic selling everywhere and could trigger a massive crash of the stock market, rivaling the crash of the 1930’s or at least rivaling the mini-crash of the 1980’s.

I do realize that the FDR did put some protection in our bank system to prevent another major crash, as to just good those protections are, we will see I suppose. I do not claim to be a banking nor financial expert. But I can see the panic in the eyes of those men that made that video. So, I expect a horrible day on the stock market.

Of course, our communist liberals, especially the far left with their anti-capitalist mentality, will be cheering this little misfortune. I’m sure that B. Hussein Obama will be saying stuff like, “They deserve to be punished, for making the little people suffer!” and “It was George W. Bush’s fault that the stock market crashed!”

On the other hand, John McCain will most likely make some rather stupid comment and then blame his time as a P.O.W. on his idiotic gaffe. Like he always does. 🙄

Either way, this story is going to be interesting to follow. Stay tuned. 

Update: Michelle Malkin says “The Fit has hit the shanIndeed. But she also says:

And now is the time where I get to say, “See, I told you so.” From March 17, 2008, as the Bear Stearns bailout was underway:

I warned from the start of stimulus-palooza that we were headed in this direction. Both political parties support these massive government interventions–from empowering judges to meddle with private contracts to backing billions in mortgage securities. This isn’t the last step. It’s the first. And you know who will end up getting screwed: The responsible and the frugal.

True Michelle, But don’t you think that Mr. “Nation of whiners“, has to share some of the blame, because of his lobbying for the deregulation of the housing industry? Which caused all of this in the first place? I think so. What is really known, is the fact that it is going to get a hell of lot worse, before it gets any better. *gulp!*

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Palin Makes Her First Gaffe, or perhaps not….

Sam Stein is wetting his pants with glass that Palin supposedly Made Her First Gaffe.

Gov. Sarah Palin made her first potentially major gaffe during her time on the national scene while discussing the developments of the perilous housing market this past weekend. Speaking before voters in Colorado Springs, the Republican vice presidential nominee claimed that lending giants Fannie Mae and Freddie Mac had “gotten too big and too expensive to the taxpayers.” The companies, as McClatchy reported, “aren’t taxpayer funded but operate as private companies. The takeover may result in a taxpayer bailout during reorganization.

Well, there’s only one little problem with that whole thing. It was not exactly a gaffe at all. Because now that the United States Government has bailed out Fannie Mae and Freddie Mac, it is going to start costing the tax payers money, not to mention that it will cause housing prices to rise, to cover the bailout. After all, the Government will have to cover that loss.

So, it looks like, while she might have been wrong in the past. In this case, considering what has happened to Fannie Mae and Freddie Mac, Palin was absolutely correct.

Others:
michellemalkin.com, McClatchy Washington Bureau, The Corner, Hot Air

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Bob Barr, The Right Choice for America…..

Bob Barr For President 2008

So far, Bob Barr has raised $836, 686, 52.

Join Bob Barr’s effort to retake America. Donate today

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A movie that every American should watch, before voting

(H/T to AP at Hotair.com)

This movie, if it caught on in the Media would ruin Obama’s chances of being elected President.

Trailer 1:

Trailer 2:

Wow…. I don’t think Barry will have to worry about snipers. He’d better worry about this movie.

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Disgusting: Wal-Mart commits voter intimidation

These people should be prosecuted. 😡

The Story Via Wal-Mart Warns of Democratic Win – WSJ.com

Wal-Mart Stores Inc. is mobilizing its store managers and department supervisors around the country to warn that if Democrats win power in November, they’ll likely change federal law to make it easier for workers to unionize companies — including Wal-Mart.

In recent weeks, thousands of Wal-Mart store managers and department heads have been summoned to mandatory meetings at which the retailer stresses the downside for workers if stores were to be unionized.

According to about a dozen Wal-Mart employees who attended such meetings in seven states, Wal-Mart executives claim that employees at unionized stores would have to pay hefty union dues while getting nothing in return, and may have to go on strike without compensation. Also, unionization could mean fewer jobs as labor costs rise.

As a Libertarian, someone who believes in the individual rights of all Americans and as the son of a 31 year veteran of the United Auto Workers. To me, this is nothing more than voter intimidation. Wal-mart is dancing on the legal line here.

Wal-Mart should be investigated and fined, if it is found to be violating the law.

Others:
The Swamp, Matthew Yglesias, The Moderate Voice, The Raw Story, The New Disease, Booman Tribune, Blog entry, Donklephant, The Gun Toting Liberal, Economist’s View, The G Spot, DownWithTyranny!, Wake up America, The Carpetbagger Report, TIME.com, MSNBC and On Deadline

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A article that I think everyone needs to read.

I think all Americans should read this.

“Obama ain’t black.”

I turned to look over my shoulder to see who had uttered that ridiculous statement.

“Pardon Me?” I squinted at the dark-skinned man who had just interjected himself into my over-coffee conversation with my buddy, Kevin.

“Obama ain’t black.” He said again more matter-of-factly as he walked around the porcelain dividing wall and stood at our table where he could be more active in our conversation.

“My name’s Andree,” he said as he extended his hand. “I couldn’t help but hear what you boys had been discussin’ and I don’t mean to stick my nose in where it don’t belong, but I couldn’t leave without settin’ you straight. Obama ain’t black.”

I looked at Kevin as he shifted nervously in his seat, not sure how to take this visitor to our table.

“Well, have a seat Andree,” somewhat trying to judge the book by its cover. “I’m Dave, but most folks call me Coach, and this is Kevin.” Kevin extended his hand politely.——- Click the link to read the rest of Conveniently Black by Dave Daubenmire (via NewsWithViews.com

I will simply say the following, that it is pretty telling when Obama is doing better in White America, out in places where blacks are in rare supply, than he is in the more urban communities.

I don’t have much to add to this article… Because Dave says it all in this article. Enjoy.

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The Truth about ANWR

(H/T and Thanks to Senate Conservatives)

Tell everyone you know about this video. It is important that everyone know, how the Democrats are lying about ANWR.

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Why is it that Liberals are Anti-Gun and Anti-Capitalist?

I just love the voices of liberal whiners in the morning….

In another sharp break with its traditions, the court struck down parts of the District of Columbia’s gun-control law. After seven decades of holding that the Second Amendment’s right to bear arms is tied to raising a militia, the court reversed itself and ruled that it confers on individuals the right to keep guns in their homes for personal use. The decision will no doubt add significantly to the number of Americans killed by gun violence.

Corporations fared especially well in this term. The court reduced the punitive-damages award against Exxon Mobil for the 1989 Exxon Valdez oil spill from $2.5 billion to about $500 million, a pittance for the energy company. In the process, the court declared that in maritime cases, punitive damages should not exceed the actual damages in a case. It is a rule that foils the purposes of punitive damages: to punish and to deter bad conduct.A Supreme Court on the Brink (Via NYTimes.com Editorial Dept.)

I just do not understand it. Why are Liberals so against capitalism in America? Why do they hate people that make a profit? I just do not get that at all.

Oh, By the way, on the Gun issue, fellow Libertarian Vox Day weighs in:

Note that “significantly”. In 2004, 29,569 people were killed by guns. In 2005, 30,694 were killed, a 3.8 percent increase. According to the natural progression, there should be about 35,633 firearms deaths in 2009 even without the recent supreme court decision; let’s assume that a “significant” increase would be at least twice the expected rate of increase given population growth, to say nothing of the economic downturn and global warming. So, if the prophetic skills of the New York Times is to be trusted, gun fatalities should rise to at least 40,000 in 2009.

My view is that they won’t get anywhere near that level, unless, of course, Obama gets elected and decides to govern in the conventional African manner.

So much for that Liberal lie. I mean, between the lies about Guns and the Anti-Capitalist rhetoric, why does anyone even remotely consider the New York Times a Legitimate news outlet anymore?

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Watch the Liberal Commies run with this story….

Here’s your Anti-Capitalist, Liberal commie headline for today….

Quote:

Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power.

Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — along with Chevron and a number of smaller oil companies, are in talks with Iraq’s Oil Ministry for no-bid contracts to service Iraq’s largest fields, according to ministry officials, oil company officials and an American diplomat.

The deals, expected to be announced on June 30, will lay the foundation for the first commercial work for the major companies in Iraq since the American invasion, and open a new and potentially lucrative country for their operations.

The no-bid contracts are unusual for the industry, and the offers prevailed over others by more than 40 companies, including companies in Russia, China and India. The contracts, which would run for one to two years and are relatively small by industry standards, would nonetheless give the companies an advantage in bidding on future contracts in a country that many experts consider to be the best hope for a large-scale increase in oil production. –Deals With Iraq Are Set to Bring Oil Giants Back – NYTimes.com

When I first read it, I thought…”So?” and then here’s the Moonbat line in the story:

There was suspicion among many in the Arab world and among parts of the American public that the United States had gone to war in Iraq precisely to secure the oil wealth these contracts seek to extract. The Bush administration has said that the war was necessary to combat terrorism. It is not clear what role the United States played in awarding the contracts; there are still American advisers to Iraq’s Oil Ministry.

Nice Accusation, with, of course, Zero Proof.

This should be interesting to watch, and watch the Liberal Democrat use this an excuse to Nationalize the United States oil industry.

(via Memeorandum)

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400-Billion Barrel Bakken Oil Field a ‘Myth’, says USGS

As rule, I do not publish much from Cybercast News Service, because they are a Conservative Propaganda outfit, and not a hard news organization.  But I thought this one was quite interesting.

Because I blog about Conservative-related issues, I am signed up with NewsMax, which is owned by Conservative tycoon, Rupert Murdoch. I was constantly getting these advertisements for some big oil in Montana and North Dakota that was worth investing into.

Well, turns out, that little pipedream, is just that, A pipedream

The Cybercast News Service Reports:

Reports circulating on the Internet tell of an oil field spanning parts of western North Dakota and eastern Montana where 400 billion barrels of oil supposedly are just waiting to be tapped. However, the U.S. Geological Survey (USGS) tells Cybercast News Service that those huge estimates are "a myth."

A USGS report issued in April estimates that there are between 3 billion to 4.3 billion barrels of oil in what is referred to as "the Bakken Formation" — well below the 400 billion barrels discussed on the Web, but up from the previous estimate of 151 million barrels made in 1995.

Richard Pollastro, Bakken Formation task leader at the USGS, said the myth stems from a 1999 draft report — never published — by a now-deceased USGS employee, Leigh Price. Price estimated that the Bakken Formation holds up to 400 billion barrels of oil. To put that in perspective, Saudi Arabia, the world’s largest oil producer, has about 260 billion barrels of known oil reserves.

Price, however, died in 2000, before his study could be peer-reviewed and published, and the Bakken Formation became the fool’s gold of the oil industry.

"Unfortunately, in many instances, we are still trying to explain and defend our assessment versus the inappropriate and irresponsible posting of Dr. Price’s ‘draft report,’" Pollastro told Cybercast News Service.

According to Jonathon Kolak, a USGS scientist and information specialist, the discrepancy between Price’s 1999 estimates and the agency’s 2008 findings arises from the fact that Price was trying to assess the "oil generation potential" of the oil found in the pores of rocks and shale in the Bakken field, as well as the total content of how much oil might be pooling up – or "oil in place."

"What Dr. Price was looking at was ‘oil generation potential,’ and then, from that, trying to make an estimate of ‘oil in place,’" said Kolak. "Those terms are very distinct from ‘undiscovered technically recoverable resources.’"

The latest study, which was commissioned by U.S. Sen. Byron Dorgan (D-N.D.), is an estimate of how much "technically recoverable" oil and gas is available — i.e, how much oil can actually be recovered using today’s technology.

Kolak also explained that the 25-fold increase between the 1995 estimates and the 2008 assessment is due to two factors: an improved understanding of the geology and advances in drilling technology.

"Our understanding of the geology improved significantly because of the time difference between the studies," he said. "There has been some drilling since then, there has been a lot more information that has come out, other people have conducted studies, and also USGS researchers have conducted studies."

Moreover, drillers are utilizing directional drilling in the Bakken fields, a way of drilling at an angle to tap previously unrecoverable reservoirs.

"If you’ve been out to western North Dakota, you don’t need a USGS report to know that there’s oil there because you can see from all the drilling activity that there’s a lot of energy development going on in western North Dakota," Dorgan spokesman Justin Kitch told Cybercast News Service .

Kitch admits that comparing Price’s 1999 study to the April USGS study is like comparing "apples and oranges."

"But certainly it’s nice to have an up-to-date assessment of the amount of oil that’s technically recoverable in the Bakken," he said.

In 2006, Marathon Oil bought 200,000 acres in the Bakken to drill over 300 wells. This past May, after the report was released, Texas-based XTO Energy bought 352,000 net acres in the Bakken Shale for $1.9 billion.

The federal government, meanwhile, said only a small proportion of the oil available with today’s technology is economically viable for recovery.

"If you’re drilling the Bakken, it’s pretty easy to drill somewhere in there and at least see some oil, but the question is: Is there enough there to get out and actually be economically recoverable?" Kolak asked.

At the end of 2007, about 105 million barrels of oil had been produced from the Bakken Formation.

The USGS, meanwhile, considers any release or dissemination of Price’s unpublished report to be "inappropriate and irresponsible."

Glad I did not invest it that little pipedream, and I’d bet there are some pretty ticked off investors right now.

Blogs 4 Borders Video Blogburst for June 09, 2008

In this weeks edition

Jobs Americans Won’t Do? Are American kids being screwed out of summer jobs by greedy and unethical employers? We investigate.

100% Preventable! Americans continue to pay the bloody price for open borders. When will the madness end?

Why We Do What We Do.

[youtube=http://www.youtube.com/watch?v=D0XO81iccKw&hl=en]

Download for your iPod here.

This weeks show proudly brought to you NO ILLEGAL ALIENS

Bringing you the reality of the illegal immigration invasion from the frontlines of Southeastern Florida. Make sure to check them out, they are doing great work!

Click on image

If you’d like to sponsor a show contact us here.

This has been the Blogs For Borders Video Blogburst. The Blogs For Borders Blogroll is dedicated to American sovereignty, border security and a sane immigration policy. If you’d like to join find out how right here.

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Let us not forget our United States Servicemen

While I have been a very vocal critic of the Bush Administration’s Handling of the war in Iraq. I will always stand in honor for our United States Military.

Here is a video that I think everyone, Liberal, Conservative and everything in between, needs to watch: (H/T to Army Wife Toddler Mom and Tammi)

Please, support Military Ministry or Soldiers’ Angels

Let’s not forget those, who choose to serve our Nation, so that Bloggers, like me, can write and be free.

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