Showing posts with label Bloomberg. Show all posts
Showing posts with label Bloomberg. Show all posts

Tuesday, February 22, 2011

Why Our Refusal To Drill And Refine Our Own Oil, Mine Our Own Coal, Build Our Nuclear Plants, Etc. Will Come To Haunt Us...

...sooner, rather than later.

Bloomberg on oil futures overnight...

The US made a cultural decision to not develop its own resources.

This will have economic consequences.

OS's masthead idea holds true. When we begin to make better choices as a culture, we will do better as an economy.

Not until then.

Friday, December 10, 2010

Bloomberg Poll On National Sentiment: Obama Does Not Fare Well

That Hope-n-Change magic has definitely worn off.

From Bloomberg, yesterday:

More than 50 percent of Americans say they are worse off now than they were two years ago when President Barack Obama took office, and two-thirds believe the country is headed in the wrong direction, a Bloomberg National Poll shows.

The survey, conducted Dec. 4-7, finds that 51 percent of respondents think their situation has deteriorated, compared with 35 percent who say they’re doing better. The balance isn’t sure. Americans have grown more downbeat about the country’s future in just the last couple of months, the poll shows. The pessimism cuts across political parties and age groups, and is common to both sexes.


In fairness, the article notes Reagan's low poll numbers at the same point of his first term.

But, this is different. Reagan did not go to war on the Constitution and the culture, and the streets did not fill with middle-class people begging for a return to the rule of law. He remained cheerful and decisive, even when the news was grim, and was guided by his love of country, not his loyalty to ideology.

He had also had four successful careers by the time he entered office, in the movies, in public relations, in TV, and as governor of California. He knew something about life, and how to work with people.

This, sadly, is a different day.