Economy

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Cows, Climate Change and Carbon Credits

Wall Street Journal

The biggest coal burner in the U.S. thinks it has come up with a cheap way to start fixing its global-warming problem: cow dung. American Electric Power Co., a utility based in Columbus, Ohio, burns so much coal that it coughs out 145 million metric tons of carbon dioxide each year -- more than any other company in the U.S. That puts AEP squarely in Congress's crosshairs as lawmakers push to slap a cap on U.S. emissions of CO2, a gas contributing to global warming. AEP is investigating various ways to curb its global-warming emissions, from boosting the efficiency of its generators to burying its CO2 output underground. But the search will be expensive and will take years. Meantime, AEP has high hopes for manure.

Congress Turns to Energy, and Lobbyists Arrive

New York Times

WASHINGTON, June 11 — Having tried and failed to overhaul the nation’s immigration laws last week, Congress begins what some say is an even more divisive project this week: taming America’s thirst for oil. With gasoline prices hovering near all-time highs, the Senate on Monday began debating a sprawling energy bill that has already kicked off an epic lobbying war by huge industries, some of them in conflict with one another: car companies, oil companies, electric utilities, coal producers and corn farmers, to name a few. Industry groups have raced to sign up influential lawmakers and are nervously calculating how much regulation they might have to accept from the Democratic majority in Congress.

States Finding Fiscal Surprise: A Cash Surplus

New York Times

State lawmakers across the country, their coffers unexpectedly full of cash, have been handing out tax cuts, spending money on fixing roads, schools and public buildings, and socking something away for less fruitful years. Budget surpluses have largely stemmed from higher than expected tax collections — corporate tax revenues alone were 11 percent higher than budget estimates — and booming local economies. There has also been some relief in Medicaid spending, which fell from an 11 percent annual growth rate to something closer to 7 percent in the past few years.

Auto Execs: Don’t Pump Up Fuel Standards

CBS News

(AP) The heads of Detroit's auto industry asked Congress on Wednesday to reconsider a proposal to increase fuel standards that the automakers say could hurt their industry. The leaders of General Motors, Ford and the Chrysler Group discussed the impact of health care, trade and energy policies on their companies, and asked House and Senate leaders to look at alternatives to a proposed overhaul of Corporate Average Fuel Economy standards for vehicles. During a luncheon with Senate Democrats, it was evident they face hurdles. Sen. Byron Dorgan, D-N.D., noted the industry had resisted past increases and was now running advertising saying a Senate proposal would "take your pickup truck away."

Oil May Allow Sudan to Escape Sanctions’ Pain

New York Times

The Bush administration’s new sanctions against Sudan aim to squeeze the country’s economy by freezing Sudanese companies out of American financial institutions and curtailing their dollar transactions. Administration officials described the sanctions as a significant move to raise the pressure on Omar Hassan al-Bashir, Sudan’s president, to bring a quick end to the violence in Darfur. But the sanctions will do little to stem Sudan’s oil exports, which are the main source of the country’s wealth, analysts said. They also noted that existing sanctions against Sudan, which date back to 1997, have been unevenly enforced.

Bullet 333Karin Agness, Founder and President, Network of enlightened Women (NeW)
Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Chuck Colson, Prison Fellowship
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Jennifer Marshall, Director of Domestic Policy Studies, The Heritage Foundation
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

Mosques awarded Homeland Security grants

WorldNetDaily

While the European Union investigates mosques for ties to Islamic terrorism, the U.S. government is giving mosques security grants that are designed to protect churches, synagogues and other nonprofit groups from Islamic terror. Most recently, the Islamic Society of Baltimore landed a $15,000 grant from the Department of Homeland Security to upgrade security at its Maryland mosque. The Council on American-Islamic Relations since April has been urging leaders of mosques and Islamic schools across the nation to apply for the DHS grants, even though the agency's program was set up to help protect nonprofit facilities that are at high risk for attacks by Islamic terrorists.

Bullet 333Karin Agness, Founder and President, Network of enlightened Women (NeW)
Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Rev. Clenard Childress, Jr., Assistant Director, Life Education and Resource Network
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Chuck Colson, Prison Fellowship
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333Len Deo, President, New Jersey Family Policy Council
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333Todd Friel, Radio Host, Way of the Master
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Dr. Janice Hollis, Bishop, Progressive Believers Ministries
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Bishop Harry R. Jackson, Senior Pastor, Hope Christian Church
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Peter Lillback, President, Westminster Theological Seminary
Bullet 333Jennifer Marshall, Director of Domestic Policy Studies, The Heritage Foundation
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Alex McFarland, President, Southern Evangelical Seminary
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Elizabeth Racine, Founder, Moralert.com
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Don Shenk, Executive Director, The Tide
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333Charl Van Wyk, Pastor/Author, “Shooting Back–The Right & Duty of Self-Defence"
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res
Bullet 333David Wheaton, Author, Speaker, Radio Talk Show Host, TheChristianWorldview.com

Minimum Wage Hike Approved

CBS News

(AP) America's lowest paid workers won a $2.10 raise Thursday, with Congress approving the first increase in the federal minimum wage in almost a decade. President Bush was expected to sign the bill quickly, and workers who now make $5.15 an hour will see their paychecks go up by 70 cents per hour before the end of the summer. Another 70 cents will be added next year, and by summer 2009, all minimum wage jobs will pay no less than $7.25 an hour.

Stations Boycott Their Own Gas Over Prices

CBS News

(CBS/AP) It's not just drivers who are sick of high gas prices. Sky-high numbers at the pumps have prompted some Wisconsin service stations to boycott their own high prices and stop selling fuel. With Memorial Day— the traditional start of the summer driving season — upon us, AAA says prices at the pump have continued to rise, though increased supplies might help prices start leveling off in time for the long weekend. It says the national average for regular unleaded gas has topped $3.22 a gallon; that is up 37 cents from a month ago. Illinois had the highest state average price for regular unleaded, $3.52.

Oil Industry Says Biofuel Push May Hurt at Pump

New York Times

Gas prices are spiking again — to an average of $3.22 a gallon, and close to $4 a gallon in many areas. And some oil executives are now warning that the current shortages of fuel could become a long-term problem, leading to stubbornly higher prices at the pump. They point to a surprising culprit: uncertainty created by the government’s push to increase the supply of biofuels like ethanol in coming years.

House OKs Suit Against OPEC Over Prices

CBS News

(CBS) Decrying near-record high gasoline prices, the House voted Tuesday to allow the government to sue OPEC over oil production quotas. The White House objected, saying that might disrupt supplies and lead to even higher costs at the pump. The Organization of Petroleum Exporting Countries is the cartel that accounts for 40 percent of the world's oil production.

Bullet 333Karin Agness, Founder and President, Network of enlightened Women (NeW)
Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Chuck Colson, Prison Fellowship
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Jennifer Marshall, Director of Domestic Policy Studies, The Heritage Foundation
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

U.S. and China Set to Discuss Economics

Time

(WASHINGTON)—Both the United States and China are bringing huge delegations for their second round of high-level discussions aimed at lessening economic tensions. But it's unclear whether there will be enough success at meetings beginning Tuesday to blunt growing protectionist pressures in Congress. The Bush administration is expressing the hope that deals will be reached that will expand opportunities for U.S. airlines to fly to China and for U.S. banks and stock brokerage firms to do business there. The meetings were scheduled to open with remarks from Treasury Secretary Henry Paulson and Chinese Vice Premier Wu Yi.

AMERICA'S FORTRESS EMBASSY IN IRAQ...

Drudge Report

When the idea of building a new US embassy in Baghdad was first mooted by the American administration in the aftermath of the invasion of Iraq, there seemed to be a grandiose logic to it. The compound, by the side of the Tigris, would be a statement of President Bush's intent to expand democracy through the Middle East. Yesterday, however, the entire project was under fresh scrutiny as new details emerged of its cost and scale. Rising from the dust of the city's Green Zone it is destined, at $592m (£300m), to become the biggest and most expensive US embassy on earth when it opens in September.

Bullet 333Karin Agness, Founder and President, Network of enlightened Women (NeW)
Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Chuck Colson, Prison Fellowship
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Major Eric Egland, Author, The Troops Need You, America: Six Ways to Help...
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333Paul "Dave" Gaubatz, Owner-Director, Wahhabi CT Publications
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Jan Markell, President, Olive Tree Ministries
Bullet 333Jennifer Marshall, Director of Domestic Policy Studies, The Heritage Foundation
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Kamal Saleem, Shoebat Foundation
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Walid Shoebat, President, Shoebat Foundation
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

Gonzales’s Deputy Quits Justice Department

New York Times

WASHINGTON, May 14 — Paul J. McNulty, the deputy attorney general whose Congressional testimony in February provided a spark that turned a smoldering issue over the firings of federal prosecutors into a raging inferno, announced his resignation on Monday. Mr. McNulty, the fourth and highest-ranking Justice Department official to resign since the uproar began in Congress over the dismissals of the United States attorneys, had told friends for weeks that he was planning to step aside.

Bullet 333Karin Agness, Founder and President, Network of enlightened Women (NeW)
Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Chuck Colson, Prison Fellowship
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Jennifer Marshall, Director of Domestic Policy Studies, The Heritage Foundation
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

Bush to pressure Senate to revive U.N. sea treaty

WorldNetDaily

WASHINGTON – In a move that has already angered some of his most ardent supporters, President Bush has asked the Democratic leadership in the U.S. Senate to revive a proposal for ratification of the United Nation's Law of the Sea Treaty, an international agreement defeated two years ago by Republican leadership in the upper house. Critics say ratification would compromise U.S. sovereignty and place 70 percent of the Earth's surface under the control of the U.N. – even providing for a "tax" that would be paid directly to the international body by companies mining in the world's oceans.

Bullet 333Karin Agness, Founder and President, Network of enlightened Women (NeW)
Bullet 333Joel Anderson, Assemblyman, California State Assembly
Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Rev. Clenard Childress, Jr., Assistant Director, Life Education and Resource Network
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Chuck Colson, Prison Fellowship
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333Len Deo, President, New Jersey Family Policy Council
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333Jessica Echard, Executive Director, Eagle Forum
Bullet 333Tim G. Echols, President/Founder, TeenPact
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333Todd Friel, Radio Host, Way of the Master
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Bishop Harry R. Jackson, Senior Pastor, Hope Christian Church
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Peter Lillback, President, Westminster Theological Seminary
Bullet 333Jennifer Marshall, Director of Domestic Policy Studies, The Heritage Foundation
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Jesse Lee Peterson, Founder and President, Brotherhood Organization of a New Destiny
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Don Shenk, Executive Director, The Tide
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333Timothy Watkins, Producer/Director, Renegade Productions
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

Senate Panel OKs 40% Boost In Fuel Economy

CBS News

(AP) A Senate committee approved a plan Tuesday to increase fuel efficiency standards to an average of 35 miles per gallon by 2020 in a move closely watched by automakers and environmental groups. The Senate Commerce, Science and Transportation Committee passed the measure on a voice vote. It would raise the nationwide fleet fuel economy average by about 40 percent compared with the current levels of 25 mpg and increase standards by 4 percent a year from 2020 through 2030.

Chevron Seen Settling Case on Iraq Oil

New York Times

Chevron, the second-largest American oil company, is preparing to acknowledge that it should have known kickbacks were being paid to Saddam Hussein on oil it bought from Iraq as part of a defunct United Nations program, according to investigators. The admission is part of a settlement being negotiated with United States prosecutors and includes fines totaling $25 million to $30 million, according to the investigators, who declined to be identified because the settlement was not yet public.

Gas Prices Jump 20 Cents In Two Weeks

CBS News

(AP) Gasoline prices have surged to a record nationwide average of $3.07 per gallon, nearly 20 cents higher than two weeks earlier, oil industry analyst Trilby Lundberg said Sunday. The previous record was $3.03 per gallon on Aug. 11, 2006. Just two weeks ago, the U.S. average for a gallon of gas was $2.87, but the Lundberg Survey of 7,000 stations nationwide on Friday showed an increase of about 19.5 cents to $3.07. That's up 88.4 cents since Jan. 19, Lundberg said.

Bullet 333Karin Agness, Founder and President, Network of enlightened Women (NeW)
Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Chuck Colson, Prison Fellowship
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Jennifer Marshall, Director of Domestic Policy Studies, The Heritage Foundation
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

Here comes $3 gas again, and it could get worse

USA Today

WASHINGTON — If the price at your local gas station isn't topping $3 already, it likely will soon. The national average price for a gallon of regular gasoline was $2.971 Monday, up more than a dime from a week ago and the highest since August, according to the Energy Department. A separate survey from motor club AAA found the U.S. average was $2.953 Monday, up nearly 30 cents from a month ago. Oil market experts, including those at Wachovia, Oil Price Information Service and Alaron Trading, said it's just a matter of time before the U.S. average gasoline price tops $3 a gallon. The average price at the pump already is above $3 in 11 states and the District of Columbia.

Google and MySpace Expanding in China

San Francisco Chronicle

Google and MySpace are increasing their efforts to establish themselves in China, the second-largest Internet market behind the United States. Google Inc., No. 2 in China's Web search market, is giving its local managers more autonomy and investing more in China in an effort to make up for its late entry and take the lead in the industry, Chief Executive Officer Eric Schmidt said Friday. "We are catching up. Our investment is working and we will eventually be the leader," he told reporters.

Bullet 333Karin Agness, Founder and President, Network of enlightened Women (NeW)
Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Rev. Clenard Childress, Jr., Assistant Director, Life Education and Resource Network
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333Len Deo, President, New Jersey Family Policy Council
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333Jessica Echard, Executive Director, Eagle Forum
Bullet 333Tim G. Echols, President/Founder, TeenPact
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333Todd Friel, Radio Host, Way of the Master
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Bishop Harry R. Jackson, Senior Pastor, Hope Christian Church
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Peter Lillback, President, Westminster Theological Seminary
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Jesse Lee Peterson, Founder and President, Brotherhood Organization of a New Destiny
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Don Shenk, Executive Director, The Tide
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333Timothy Watkins, Producer/Director, Renegade Productions
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

Home Builders Hammered by Housing Slump

ABC News

April 27, 2007 — Thanks to better-than-expected corporate earnings, the Dow broke through the 13,000 mark for the first time Wednesday. But not everyone is celebrating. The nation's largest, publicly traded home builders are reporting significant drops in revenue and profits.

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