All Posts Tagged With: "US elections"
Why the Energy Problem Is All That Matters for the New US President
Byron King says energy is the single most important topic for the incoming U.S. president to deal with. Capital costs for energy projects are soaring, and the future of fossil fuels is uncertain given the ongoing climate change debate. Meanwhile, renewable energy is fast growing, but incapable of coming close to meeting demand in the foreseeable future. Byron says America has some tough decisions ahead, and if they get it wrong, nothing else will matter…
Congress and the Fed Can’t Support the Economy Forever
The Mogambo Guru says the US economy is staring into the abyss.
We haven’t seen a total collapse yet because of the desperate actions by Congress and the Federal Reserve who, says Mogambo, are using every slimy trick they can think of to prop up the system.
But what do our officials most fear? They fear the public’s loss of confidence. Events are driving their improvised attempts to stem a general loss of confidence in the dollar, in them, the financial and monetary system, and the government as a whole. More from the Mogambo below…
The Next President Will Bankrupt the Nation
The train is poised to make a comeback in the US, says Bill Bonner in The Daily Reckoning.
Bill says the next president will need to spend huge sums of money as consumers cut back on spending. If consumers don’t spend, either private business or government will have to take up their mantle. And what better way for the government to spend then a massive infrastructure program.
The only sure thing about a massive infrastructure program, however, is it will further bankrupt the nation…
Why a Contentious Election and Legislative Bottlenecks Pack a Profit Punch for Investors
For all their talk about change, the ultimate irony in today’s markets is that Washington is so afflicted with legislative gridlock that the “Beltway Boys” couldn’t “change” the channel on their flat-screen televisions.
If Offshore Drilling Ban Is Lifted Prepare for Huge Profit Play
President Bush has lifted the executive ban of offshore drilling, a move which John McCain has ludicrously linked to the recent drop in crude oil prices.
The Republicans are trying to reach the voters with a simple message: “Drill, drill, drill.” And energy expert Byron King says the message is a powerful one. It’s going to be one heck of a winter, especially when Americans have to fill up their heating oil tanks in the fall - right before the elections.
If Congress lifts its own drilling ban as well, it’s going to create a huge opportunity to profit…
The Room Monday, July 21, 2008
Not so very long ago, I published here a photo of an honest-to-goodness bank run in England, as depositors tapped politely at the door of Northern Rock Bank in the hopes of receiving their money back.
As US Economy Dives Voter Turnout Increases
It’s difficult these days to avoid comparisons between now and the 1970s. Then and now we have the specter of stagflation, an unpopular president, fallout from an unpopular war and a general disgust with government and politics.
But Dave Gonigam points says US voter turnout is actually increasing as the economy worsens.
For better or worse, it looks like more people will seek solutions to their economic woes at the ballot box come November than they ever did during the disco decade…
Obama’s Nasty Effect on Pharmaceutical Companies
Some of the most solid opportunities in the stock market are those that happen because of politics. Let’s face it, the government controls billions of dollars and could make or break industries. The effect an Obama presidency could have on Pharmaceutical companies is one you should be well aware of.
Obama or McCain: Who Would Latin America Elect?
America’s Three Biggest Problems
Editor’s Note: America has three big problems, says Bill Bonner in The Daily Reckoning. 1) The country is going broke. 2) The military is out of control. 3) Standards of living are falling.
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