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Exxon Just Can’t Win

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Exxon Mobil Corporation reported record earnings today, a record for any major corporation, but still came up short.  Earning 2.27 per share was still 10% below market expectations.  So, Exxon stock took a 4.7% slide. Not really a big deal, since the close today was...

Oil Prices Back Up a Bit

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“Everyone knows…” are words I’m getting tired of hearing.  It is a subtle form of manipulation by forcing one to either immediately agree or disagree and by disagreeing become an outsider.  Katie Couric this evening says “The...

The Housing Bill Is Law

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As expected, President Bush signed HR 3221 into law this morning, making billions of federal dollars available to home owners, shoring up Fannie Mae and Freddie Mac, and providing closer oversight of the financial aspects of home ownership to the Administration and...

Ted Stevens’ Indictment An Opportunity… For Republicans

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Although we may all support the notion that one is innocent until proven guilty, we (and Stevens) have a responsibility to ensure that we not only keep our noses clean, we do all we can to avoid the appearance of impropriaty.  The fact that Ted managed to get himself...

Why Do Oil Prices Continue To Drop?

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Just when you thought you couldn’t afford to go on summer vacation, just when you thought the ONLY answer to rising gasoline prices was a “gas tax holiday”, just as various states are complaining they don’t have enough tax money collected to...
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