What the fuck is Obama doing? He better defend this shit v. offshore drilling

Posted by bruni on August 29, 2008

Obama Opens the Door to Offshore Drilling

By Jonathan Weisman
ORLANDO, Fla. — Sen. Barack Obama suggested he could accept an expansion of offshore oil drilling today if it is in a broader package of energy measures that would free the logjam on energy bills in Congress.
"My interest is in making sure we’ve got the kind of comprehensive energy policy that can bring down gas prices," Obama said in an interview with The Palm Beach Post.
Continue reading…

Joseph Stiglitz argues that the "left" are best for economic growth

Posted by bruni on August 13, 2008

Both the left and the right say they stand for economic growth. So should voters trying to decide between the two simply look at it as a matter of choosing alternative management teams?

If only matters were so easy! Part of the problem concerns the role of luck. America’s economy was blessed in the 1990s with low energy prices, a high pace of innovation, and a China increasingly offering high-quality goods at decreasing prices, all of which combined to produce low inflation and rapid growth.
Continue reading…