Get those profits

Liberals want to grab those nasty profits from oil companies. Great idea. Who cares if those greedy Bush friends get leprosy and rot? Well, maybe nearly everyone. Here is a brief lesson on stocks. The value and hence the price of a stock goes up with earnings. Idiotic politicians should consider the following:

• Almost 43 percent of oil and natural gas company shares are owned by mutual funds and asset management companies that have mutual funds. Mutual funds manage accounts for 55 million U.S. households with a median income of $68,700.
• Twenty seven percent of shares are owned by other institutional investors like pension funds. In 2004, more than 2,600 pension funds run by federal, state and local governments held almost $64 billion in shares of U.S. oil and natural gas companies. These funds represent the major retirement security for the nation's current and retired soldiers, teachers, and police and fire personnel at every level of government.
• Fourteen percent of shares are held in IRA and other personal retirement accounts. Forty five million U.S. households have IRA and other personal retirement accounts, with an average account value of just over $22,000.

Crowd Control

I had never heard of this, and it may be as effective as a threat as it would be in reality, but I can't wait for it to be used at the Dems convention this year. Read more about it here.

Political activists planning protest rallies at the upcoming Democratic Convention in Denver have their stomachs in knots over a rumor about a crowd control weapon - known as the “crap cannon” - that might be unleashed against them.

Also called “Brown Note,” it is believed to be an infrasound frequency that debilitates a person by making them defecate involuntarily.

Good Veep Choice for McCain

Here is a very complete analysis and introduction to the Governor of Alaska whom many suggest McCain should choose as his running mate. The more sense it makes, the less likely it is he will choose her.

Good Question

Obama recently uttered in his acceptance speech the following:

"I face this challenge with profound humility and knowledge of my own limitations. But I also face it with limitless faith in the capacity of the American people … . I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal … . This was the moment – this was the time – when we came together to remake this great nation."

Mark Steyn asks the obvious question in the following way:

As for coming together "to remake this great nation," if it's so great, why do we have to remake it?

We will miss her

Hillary gets analyzed

The media all seem driven to examine the failed campaign of Hillary since it was once assumed by these same analyzers that she was a shoo-in. Here is a snippet of one of the best---from Britain. Read it all here.

Obama ran a good campaign but he was helped by the fact that he was pitched against an opponent who had nothing whatsoever to commend her except for her gender – that, and the fact that she was one of the fairly large number of women who very occasionally had sexual intercourse with a popular president, Bill Clinton. None of Bill’s magic washed off on her; she appeared shrill, stiff, disingenuous and even vicious.