The Political Inquirer

Steve Hargreaves at CNN Money thinks that $120 oil is good because it will force us to start looking at alternative energy. If this were a normal market without government intervention, that would be the case. However, since governments have legalized cartels like OPEC, supply and demand does not work correctly in the oil market–government [...]

Filed under: Asia, Economics, Geopolitics | 5 Comments »

Food riots in Haiti have caused the ouster of the sitting Prime Minister there, and if Somalia had a functioning government it, too, would be be in collapse. We are told it is the price of oil, the diversion of corn supplies from the food-chain into ethanol production, and restrictions on exports that are [...]

Filed under: Commentary, Economics, Geopolitics, Politics | 1 Comment »

Somehow I never thought of this (From the Angry Economist):
First is that there are sources of huge amounts of oil which are not profitable to extract when the Saudis are dumping oil. Second is that nobody is going to invest in these oil sources unless it looks like they can successfully sell their oil. [...]

Filed under: Asia, Economics, Geopolitics, Politics | Tagged: Oil, Saudi Arabia | 1 Comment »

The New York Times is finally getting something dead on accurate: to save a species, serve it for dinner. It only makes sense when you think about it. Why is overfishing a problem? Because no one owns the fish–it is simply a “first come first serve” problem of the “commons”. Everyone wants as much as [...]

Filed under: Culture, Economics, News, Politics | No Comments »

A reader (Norm) posed the question to us at the Political Inquirer, “What if Obama gets elected? What will the impact of the country be?” It will be hard to say for certain, none of us on the staff are prophets (though some might claim to be).
I think the first thing that we will see [...]

Filed under: Barack Obama, Commentary, Culture, Democrats, Economics, Election 2008, Iraq, Media, News, Politics | 16 Comments »

Incase you missed it, Hillary Clinton is actually in favor of a suspension of the gas tax. What’s that, Republicans? A Democrat in favor of a tax cut? There must be a catch, right? Yes, there is.
The New York senator highlighted new oil company profit figures as evidence her proposed windfall profits tax was the [...]

Filed under: Economics, Election 2008, Hillary Clinton, Politics | 1 Comment »

Ron Paul’s book, The Revolution: A Manifesto is officially out today. Pick up a copy if you’re interested in seeing the reasoning behind his (and my) belief in peace, prosperity, capitalism, and small government.

Filed under: Economics, Election 2008, Geopolitics, History, Iraq, News, Philosophy, Politics, Republicans, Ron Paul | 2 Comments »

Oil has more than doubled in oil prices in the past couple of years–it would take less than another doubling to bring it around to $200 a barrel like some people report that it will.
Truckers are protesting in front of the Capitol, people are outraged at high gas prices, but none of that will change [...]

Filed under: Economics, Geopolitics, Politics | 5 Comments »

This time of year is usually “down-time” for politics. Things get boring as people prepare for the ‘good news’ that starts during May and June. Right now is a really bad time, and I’ve gotten tired of it. The Hillary-Barack race has gone on far too long, leading to hatred on both sides. Republicans are [...]

Filed under: Barack Obama, Congress, Democrats, Economics, Election 2008, Geopolitics, Hillary Clinton, History, John McCain, Media, Philosophy, Politics, Republicans, Ron Paul | 3 Comments »

It looks like Obama finally accepted Chris Wallace’s challenge to come on FOX News Sunday and “face tough questions”. I missed the first part of the interview, but the first question I saw had Wallace asking Obama when he would cross the line and say Republicans are right and Democrats are wrong–the first he said [...]

Filed under: Barack Obama, Economics, Election 2008, Politics | No Comments »

I think it is wrong that Wesley Snipes was put in jail for 36 months for “tax evasion”. The government was dissatisfied with the resistance Snipes put up to their thievery, so they put him in jail for it. This is what happens when evil men rule Washington, government is too big, and when we [...]

Filed under: Economics, Politics | 5 Comments »

Get ready, folks. Instead of going to war over “oil”, we’re going to go to war over the “climate change”. The Telegraph:
Climate change could cause global conflicts as large as the two world wars but lasting for centuries unless the problem is controlled, a leading defence think tank has warned.
Give me a break. If there [...]

Filed under: Economics, Politics | 5 Comments »