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Offshore Drilling Projects Move Forward Despite Moratorium
By David Sessions - Politics DailyGovernment regulators have granted seven permits for various types of drilling and five environmental waivers since President Obama announced a moratorium on offshore drilling projects, the New York Times reports. On May 14, in response to the massive oil spill at a BP well in the Gulf of Mexico, Obama announced a halt to new deepwater drilling projects and the end of the full waiver of environmental review BP received for its Deepwater Horizon rig. Since the well exploded on April 20, the Department of the Interior has granted 19 environmental waivers for gulf drilling projects and 17 ...
Today's Coming Great Depression News
By David Knowles - Politics DailyThe signs of the next great depression are everywhere you look. In fact, there's scarcely a piece of economic news that doesn't corroborate the nation's slide into financial ruin. Here then, is the latest doom and gloom:Everybody from every socio-economic group is heading to the local pawn shop to sell off whatever it is they own that still has any value so as to pay those mounting bills. Since banks aren't lending money any longer, pawn shops have become a refuge of last resort. The Federal Reserve will slash interest rates to an historic low. How low? Try 0.5 percent. If that doesn't work, ...
Debate Moderator Failed
By David Knowles - Politics DailyThough most polls are showing that Joe Biden "won" his debate with Sarah Palin last night, I couldn't help but feel a bit cheated by the whole thing. Why? Because the candidates were allowed to ramble on and on with their talking points. In effect, there was very little in the night that differed from the stump speeches each candidate delivers on a daily basis. Biden got to ramble on about the middle class, Scranton, how John McCain is like George Bush -- while Palin repeatedly kept gushing her "maverick" mantra. The responsibility for steering these candidates toward substantive matters, and ...
Sarah Palin 'Energy Expert'
By David Knowles - Politics DailyJohn McCain likes to lavish Sarah Palin with high praise. OK, it's a running-mate thing. Obama does it with Biden, too. But over the course of the last few weeks, the Arizona Senator, in his bid to introduce the country to Palin, has done his best to portray her as a reformer, a maverick, an enemy of earmarks, a singularly ethical person, and on and on. As each one of McCain's assertions has been shown to be less than credible, Palin's unfavorable ratings have steadily gone south. Truly, an unkonwn commodity is more valuable than one we have the opportunity to evaluate.But of all the hyperbole ...
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