Oil, Food Security, and GWB



Well, its wednesday. And that means the EIA Weekly Petroleum Status Report!

Really, I DO have a life, but Oil supply data just does it for me...

Oil imports continue their trajectory - DOWN. My crystal ball says that this will continue, but we all know how reliable those things are...

Its ALL about Oil... Just look at Mexico: Fitch downgrades Mexico's debt because their Oil revenues are plunging. Here's the rub: If Oil heads up any more from here, it will grind the U.S. economy to the bone; if Oil declines to $40 per barrel, Mexico will devolve into a failed state - with all of the attendant effects of sharing a 1,000 mile boarder AND a significant population with said failed state on the U.S.

Ergo, its ALL about Oil.

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More than one in seven American households struggled to put enough food on the table in 2008, the highest rate since the Agriculture Department began tracking food security levels in 1995.

That's about 49 million people, or 14.6 percent of U.S. households. The numbers are a significant increase from 2007, when 11.1 percent of U.S. households suffered from what USDA classifies as "food insecurity" — not having enough food for an active, healthy lifestyle.

Researchers blamed the increase in hunger on a lack of money and other resources.

President Barack Obama called the USDA's findings "unsettling." He noted that other indicators of hunger have gone up, such as the number of food stamp applications and the use of food banks. And he said his administration is committed to reversing the trend. "The first task is to restore job growth, which will help relieve the economic pressures that make it difficult for parents to put a square meal on the table each day," Obama said in a statement.

Does anybody else think "jobs" comes first - before food?

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I was thrilled at this piece from a Liberal Blogger apologizing to GWB and family.

We know absolutely no one in Bush family circles and have never met former President George W. Bush or his wife Laura.

If you have been reading us for any length of time, you know that we used to make fun of “Dubya” nearly every day…parroting the same comedic bits we heard in our Democrat circles, where Bush is still, to this day, lampooned as a chimp, a bumbling idiot, and a poor, clumsy public speaker.

Oh, how we RAILED against Bush in 2000…and how we RAILED against the surge in support Bush received post-9/11 when he went to Ground Zero and stood there with his bullhorn in the ruins on that hideous day.

We were convinced that ANYONE who was president would have done what Bush did, and would have set that right tone of leadership in the wake of that disaster. President Gore, President Perot, President Nader, you name it. ANYONE, we assumed, would have filled that role perfectly.

Well, we told you before how much the current president, Dr. Utopia, made us realize just how wrong we were about Bush. We shudder to think what Dr. Utopia would have done post-9/11. He would have not gone there with a bullhorn and struck that right tone. More likely than not, he would have been his usual fey, apologetic self and waxed professorially about how evil America is and how justified Muslims are for attacking us, with a sidebar on how good the attacks were because they would humble us.

Honestly, we don’t think President Gore would have been much better that day. The world needed George W. Bush, his bullhorn, and his indominable spirit that day…and we will forever be grateful to this man for that.

WIll wonders never cease?