Sanity returns to Iraqi capital? No Bid Oil deals reversed

What?? A serious, NON political Post?
I got tired of shouting STOP thief, to the republicans.

I missed this... It wasn't on TMZ (not that I usually go there...) or X17online.com

But the OIL Lobby lost their NO-BID one year contracts given by the IRAQI oil minister.
The NYTimes reported

that Iraq's Oil Minister, told reporters at the OPEC meeting this past Tuesday, that talks with the six companies (Exxon Mobil, Chevron, Shell, Total, BP), announced in June and then delayed,...
...had dragged on for so long that the companies could not now fulfill the work within that time frame. The companies confirmed on Wednesday that the deals had been canceled.

Geez Louise. Perhaps the Oil Minister actually follows US politics?

(Earlier this summer), a group of Democratic senators led by Charles E. Schumer of New York had appealed to Secretary of State Condoleezza Rice to block the deals, contending that they could undermine the efforts of Kurds, Sunnis and Shiites to reach agreement on a hydrocarbon law and a revenue-sharing agreement.

This criticism was conveyed to the Iraqi Oil Minister by the American Embassy in Baghdad in late June, and after that the deals were delayed.

“I’m glad the Iraqis heard our plea that to do this now would be bad for Iraq and bad for Iraqi-American relations,” Senator Schumer said in a telephone interview on Wednesday. “It’s a good first step. Now let’s make progress on the long-term” goal of passing a hydrocarbon law, he said.

Wow.. Real Hard News. As reported by the NY Times.


+--------------------------------------------------------------------------+
OK, you wanted a Political discussion: Here goes.

The background I believe that:
* We're HEADING into a DEPRESSION.
* It's going to be as BAD as the last one.
* According to Robert Reich (former Sec'y of Labor under Clinton): The only number that he EVER saw, defining the
depression was that the unemployment rate hovered around 25%.
* We need a new deal.
* After 58 years of NO Health Care Reform (since 1950!) it will FINALLY be coming soon...
* We've managed to WASTE a FULL generation (from Zero to thirty) with decaying social, educational, and interpersonal skills.
* Our nation is no longer DOING (producing) anything.
SO, from these few premises, I have extrapolated a great deal of items to FIX our society...

But....
We need to make sure that a number of issues are resolved ALL at once.
If we don't do them ALL at once, its like juggling three RUNNING chain saws, but dropping one!

Here's what I came up with:

We need to do the FOLLOWING to FIX our Society:
* Create A Living Wage
* Create a National Single payer Healthcare
* Create a National 3-4 year draft (or alternate service)
* Create a Federally paid Day Care starting at six months
* Implement Tax Reform on the ULTRA Rich
* Lobbying (Political Reform)
* Education
* Infrastructure (road /bridge/Systems repairs)
* Lack of Training/futures
* Truth and Reconcilliation Commission
* A new "Manhattan" project, focusing on Energy INDEPENDENCE

See my other blog: http://sos-newdeal.blogspot.com for more details.

Commentary: Oil at $131/barrel

OIL is now $131.00 per barrel. I did say here that I expected it to be$100/per barrel last year.


Well. What do the Stupid Arsed Republicians in the CONGRESS say????

DRILL in Alaska for MORE OIL....

ARGUH....

Look what happened.

After 35 years of NOT raising the Fuel economy standards (Corporate Average Fuel Economy--CAFE) standards Congress raised them this year, and Ford announced last month that within five years ALL of it's new cars will have a GREAT new automatic transmission that gets better FUEL economy.

What a bunch of idiots... They STILL don't get it.

=================================
We're HEADING into a DEPRESSION.

We need a new deal.

We need to make sure that a number of issues are resolved ALL at once.
If we don't do them ALL at once, its like juggling three RUNNING chain saws, but dropping one!

We need to FIX:
* A Living Wage
* National Single payer Healthcare
* National 3-4 year draft (or alternate service)
* Federally paid Day Care starting at six months
* Tax Reform
* Lobbying (Political Reform)
* Education
* Infrastructure
* Lack of Training/futures


See my other blog: http://sos-newdeal.blogspot.com for more details on rebuilding society.

Oil Hits $100, A day late (on Jan2)

Hey. I said it almost 17 months ago

that Oil would get to $100/barrel by the end of (2006), and I updated it to say 2007 last month. <


It hit $100 here:

http://abcnews.go.com/Business/MarketTalk/story?id=4075460&page=1


January delivery rose $4.02 to $100 a barrel on the New York Mercantile Exchange, according to Brenda Guzman, a Nymex spokeswoman, before slipping back to $99.48.