Posts Tagged ‘United States’


“There is not a more important and fundamental principle in legislation, than that the ways and means ought always to face the public engagements; that our appropriations should ever go hand in hand with our promises. To say that the United States should be answerable for twenty-five millions of dollars without knowing whether the ways and means can be provided, and without knowing whether those who are to succeed us will think with us on the subject, would be rash and unjustifiable. Sir, in my opinion, it would be hazarding the public faith in a manner contrary to every idea of prudence.”


“Now gasoline costs more than $4 a gallon in many places in California, and averages more than $3.50 nationwide. In response, the Obama administration is reportedly considering tapping into the nation’s Strategic Petroleum Reserve to increase supplies and drive down high prices brought on by a recovering world economy and unrest in the oil-rich Middle East. Yet the reserve depot was not designed to alleviate periodic gas-price spikes, but to ensure our very survival during a global catastrophe that might result in a cutoff of most petroleum imports from overseas. There are now more than 700 million barrels of stored oil in the reserve. In times of near-Armageddon, even that huge supply would provide for all of the nation’s oil needs for only a single month. It would make up for all imported oil cutoffs for only two months. So how is it wise to tap this critical but finite reserve — especially when the current administration had prohibited new oil and gas production in large parts of the Gulf of Mexico and the western United States? The administration certainly will not reconsider new drilling in oil-rich areas in Alaska or elsewhere off the American coasts. The message to Americans seems to be that it is OK to consume old oil stockpiled by previous generations (the reserve was begun in 1975), but quite wrong to drill for new oil to be used by the present generation.”


WASHINGTON – Talks are under way between the Obama administration and top Egyptian officials on the possible immediate resignation of President Hosni Mubarak and the formation of a military-backed caretaker government that could prepare the country for free and fair elections later this year, U.S. officials say.

With protests in Cairo and other Egyptian cities expected to grow in size and intensity Friday, the administration fears they may erupt into more widespread violence unless the government takes tangible steps to address the protesters’ main demand that Mubarak leave office quickly. Creation of an interim government is just one of several possibilities under discussion, the officials said late Thursday.

The officials spoke on condition of anonymity to discuss the sensitive diplomatic talks, which are continuing.

The officials stressed that the United States isn’t seeking to impose a solution on Egypt but said the administration had made a judgment that Mubarak has to go soon if there is to be a peaceful resolution to the crisis.

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Republicans have allowed the Left to categorize the argument as ‘extending the Bush Era Tax Cuts.’ That’s flat wrong. What President Obama and most of the remaining Democrats in Congress want to do is to RAISE TAXES. If all of the Bush Era Tax Cuts are extended, no one, not one single person of the more than 310 million in the United States will have their taxes cut. Their tax rates will remain the same. If, on the other hand, Nancy Pelosi and her Liberal colleagues in the House want to change those rates, they will not be reversing a tax cut. They will be RAISING TAXES

— political analyst Rich Galen