PoliticsRx Political Prescription

Yet another ritzy retreat from the dipsh#ts over at AIG.  This one was only $86,000, versus the last $400,000 trip to California.

Way to go, guys.  Maybe these idiots can start paying for things themselves!  Make them give up their undeserved bank accounts to the Fed.

Read More:The Associated Press: AIG executives spent thousands during hunting trip.

Posted under Corruption, Government Bailout

A brief comparison of how your (retirement) is immediately affected under both candidates’ plans.

Read More: What Obama & McCain’s New Plans Mean for You

Posted under Taxes

OPEC has moved up an “Emergency Meeting” to discuss decreasing oil output, in order to reap higher prices per barrel.  Currently, they supply 40% of the world’s oil usage.  This will be interesting, especially when considering the following factors:

• If they raise oil prices too much, consumers conserve; therefore demand drops.  Drops in demand mean lower oil prices.
• Higher oil prices (by output reduction, for example) spur consumption of alternative energy sources, eating away at OPEC’s base revenue; price-parity between oil and alternative sources is also more likely, due to demand of alternative fuels, which spurs economies of scale.

Read More: Analysts: 1 million barrel OPEC cut not enough – Yahoo News.

Posted under Energy

Perhaps our lawmakers are finally beginning to think of the future: renewable energy.  Nicely attached to the $700Billion bailout.

Read More:Sustainable Development – Green News & Sustainable Business News.

Posted under Energy

All I can say, is WTF?  AIG’s execs drove a massive company into the ground – so much that the Fed stepped in – then they take a $400,000 golf retreat.

They said it’s common to reward the top 5-10% sales performers, but I ask, what did they sell?  Must have been the sale of a taxpayer-funded bailout.

Read More: You Paid For It: AIG’s Retreat Destination, Up Close – Travel Log -

Posted under Corruption, Government Bailout