- 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.
Wednesday, June 11, 2008
Get those profits
Crowd Control
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.
Tuesday, June 10, 2008
Good Veep Choice for McCain
Monday, June 09, 2008
Good Question
"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?
Sunday, June 08, 2008
Hillary gets analyzed
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.
Sunday, May 25, 2008
Confusing Math
Saturday, May 24, 2008
Get me away from the sexist Democrats
I am not sure she would agree with the BestView conclusion, but it seems that Hillary should consider joining the Republican party since it is apparently not as populated with sexists.
Friday, May 23, 2008
Just wondering
Obama Nonsense
We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times, whether we’re living in a desert, or living in the tundra, and then just expect that every other country’s going to say okay, you guys just go ahead and keep on using 25% of the world’s energy, even though you only account for 3% of the population.
Thursday, May 22, 2008
The Abortion Effect
Kennedy vs. Khrushchev
Historical evidence suggests Kennedy knew immediately that he had made a mistake and the erection of the Berlin Wall two months later and the installation of missiles in Cuba within a year confirmed how big a mistake it was to send an inexperienced idealistic liberal to the White House. Read the whole article.
Good thing he is a liberal
Obama on Sunday:
“I mean, think about it. Iran, Cuba, Venezuela — these countries are tiny compared to the Soviet Union. They don’t pose a serious threat to us the way the Soviet Union posed a threat to us. And yet we were willing to talk to the Soviet Union at the time when they were saying, ‘We’re going to wipe you off the planet.’ ”
Obama on this past Tuesday after McCain and others challenged him:Iran is a grave threat. It has an illicit nuclear program. It supports terrorism across the region and militias in Iraq. It threatens Israel's existence. It denies the Holocaust," he said. "The reason Iran is so much more powerful than it was a few years ago is because of the Bush-McCain policy of fighting in Iraq and refusing to pursue direct diplomacy with Iran. They're the ones who have not dealt with Iran wisely.
Another bullseye from Coulter
"Some seem to believe that we should negotiate with the terrorists and radicals, as if some ingenious argument will persuade them they have been wrong all along. We have heard this foolish delusion before. As Nazi tanks crossed into Poland in 1939, an American senator declared: 'Lord, if I could only have talked to Hitler, all this might have been avoided.' We have an obligation to call this what it is -- the false comfort of appeasement, which has been repeatedly discredited by history."
The way liberals squealed, you'd think someone had mentioned Obama's ears.Read the whole thing here.
Georgia Breaks New Ground
There has been a major development in the State of Georgia yet the so-called mainstream media has completely ignored it and even the alternative media hardly has covered it. This past week Georgia Governor Sonny Perdue signed into law the most expansive school-choice program in the nation.
Unlike similar programs in other States, this program has no demographic restriction. All students are eligible for private school scholarships. The State Legislature set the cost of the school choice budget at $50 million. If the demand is similar in other States that amount likely will rise considerably. All pupils K-12 are eligible.
Read the whole thing here.
Sunday, May 18, 2008
Dream Dinner Party
Stephen Hawking--I am sure he could get me to understand the universe by the time dessert is served.
Boone Pickens--A Texan who has given millions to Oklahoma State and has a continuous stream of investment ideas for how to make more. Surely he would share some with me.
Camille Paglia--What other woman could better represent all womanhood at this dinner party?
Tom Wolfe--He would need to be seated by Camille with a hidden recorder needed to preserve their conversation.
Tiger Woods--Maybe he could help with my game, but if not, he would probably be the most widely respected person in the room.
John Bolton--the former U.N. Ambassador has a world view that I admire and more common sense than anyone observing the world scene.
Billy Graham--someone needs to bless this meal and he probably has a better line of communication to God than anyone else.
Terry Fator--Another Texan. Any dinner party needs an entertainer and he is the most talented one I have ever seen or heard.
Antonin Scalia--a brilliant man I would have sitting to my right so I could readily get his take on whatever came up in the various conversations.
Doyle Brunson--a Texan who has been playing poker successfully for 50 years. It would be fun to watch him correctly size up the dinner participants in the first 10 minutes.
Wednesday, May 14, 2008
Life is good down on the farm
Bush wanted to cap these benefits at an annual income of $200,000, but Congress will have none of that and went instead for $750,000. This in itself is a mirage since it doesn't include loan programs or disaster payments and it allows spouses to qualify for payments too. With clever accountants, it has been calculated that a farmer can have an income of up to $2.5 million and still get a handout.
BestView can't go on. It is too depressing.

