Crude oil futures swooned to a hair above $105 a barrel
before closing at $109.71 yesterday. At the same time,
the US dollar rallied and held most of its gains against
major currencies. (The greenback is trading at a seven-
month high against the euro and a two-year high versus
the British pound.)
As far as the US dollar’s rise [...]
Maybe, instead of letting all of the useless hot air
generated in Senate hearings on the evils of speculation
with regard to record high energy prices, it should be
harnessed to power Washington DC. This would be real
action that could actually drive down prices, whereas
pointing fat fingers at speculators only makes headlines
and does nothing to address the real [...]
Has everyone tossed away their American Heritage, Oxford and Webster dictionaries?
I hope the answer is yes, because the big, swingin’ VP has just launched his very own Dick-tion-ary to satisfy the non-curious viewers of Fox News, as well as the trouble-making readers of liberal rags such as the New York Times, LA Times, Chicago Tribune, [...]