Monday, June 29, 2015

BloggeRhythms

Many story's over the weekend, and this morning, concern banks in Greece and the country's stock exchange shutting down all week as that nation’s financial crisis deepens. Among controls put in place is a daily €60 limit on withdrawals from cash machines, which will reopen on Tuesday.
 
As the crisis escalates, indications arise that Russia may be offering aid to the nation. Which would also provide an inroad into a common market member on the European continent. That event would be extremely upsetting not only in Europe, but in the US as well. Which provides a not directly obvious, but certainly applicable example of the horrendous errors arising from political pandering to special interest groups by the POTUS and his administration.
 
Over the course of the past year or so, the significant drop in the price of oil worldwide severely curtailed Russia’s income. Therefore, were the price to remain at low levels, or decrease further, Vladimir Putin would have far less financial capability to expand militarily and/or politically beyond Ukraine and its current costs.
 
The POTUS, however, and his environmentalist extremists, have done all they can to limit drilling for oil in the US, while also continuing to block the Keystone pipeline. Those actions not only facilitate oil prices rising again, but instead of helping to neutralize a world powers potential aggressiveness, they’re aiding and abetting the hostile activity. Either due to naiveté, or worse, intentionally.   
 
Despite the significant anti-energy thrust of the administration, some gains were made today in the other direction. FoxNews.com reports that, “In a major win for the energy industry, the Supreme Court ruled Monday against the Environmental Protection Agency's effort to limit power plant emissions -- saying the agency "unreasonably" failed to consider the cost of the regulations. 
 
“The rules curbing emissions of mercury and other hazardous air pollutants began to take effect in April. But the court said by a 5-4 vote Monday that the EPA failed to take their cost into account when the agency first decided to regulate the toxic emissions from coal- and oil-fired plants.” 
 
The ruling should make Senator Mitch McConnell smile again.
 
Which brings us to today’s update on Bill Clinton’s wife
 
As mentioned here before, Bernie Sanders, has seen his crowds swell and is gaining ground in the polls. One survey last week showed him within 8 percentage points of Clinton.
 
His platform is self-described socialism, including rallying against the “billionaire class,” pledging to make large corporations pay their fair share of taxes, and improving the lot of the lower and middle classes by providing free college; guaranteeing workers vacation time, sick leave and family leave; and raising the minimum wage to $15 an hour.”
 
An article today by John Wagner and Anne Gearan @washingtonpost.com about Sanders is interesting not so much because of the text, but due to readers comments.
 
Max17 wrote: “We need higher corporate taxes so you and I can pay more for goods and services to cover them.”
 
And then, following the same article, another reader comment illustrates how little people actually know about what goes on in the nation, yet voice opinions regardless.
 
blbixler commented, “The most important thing in the coming election is to make sure the White House stays Democratic. We need to make sure the next Supreme Court nominations put the court back in balance. Whoever looks like the surest win gets my vote.”
 
Obviously bibixter either didn’t know, or didn’t grasp the fact, that in the last few days the SCOTUS has voted in favor of the president, and Democrat ideology, on two of the most important issues coming before it in many years. Gay rights and Obamacare.
 
Therefore, although in today’s political environment, party affiliation doesn’t seem to matter much to SCOTUS judges, Democrat beneficiaries of favorable decisions don’t seem to understand that they’ve won. Which pretty much sums up their knowledge levels in general. 
 
Perhaps a well-versed Democrat can help teach them about what’s going on in the world. Leading to the daily question: Mayor Bloomberg, are you reading this? 
 
That's it for today folks.
 
Adios

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