As more money flowed through Washington and as Washington's power to regulate our lives grew, opportunities and temptations for graft, influence peddling and cutting corners grew exponentially. Power breeds corruption. - Steve Forbes We the People. These three words open the Preamble to the U.S. Constitution, a document regarded by most as the cornerstone of the American democratic experience. When Gouverneur Morris wrote the preamble, he was of course referring to the common man. The words were to represent the individuals that made up the American union. The Preamble itself was a statement documenting the purpose of the Constitution, and whom it's laws applied to and protected. I propose changing the terminology. I propose rewording these three words to read: We the Corportation. After all, let's get realistic here... who is running our country and who reaps the benefits thereof? The recent Abrhamoff scandals rocking Congress and K Street may only represent a small exampl...
May is here and everything is becoming beautiful here in Westerville again. It's so nice to see green on the trees again, and witness the spring flowers blooming. We've been trying to spend a good amount of time outdoors, so I've left little time to my other interests... blogging ect. Ah, but so goes life. ---------------------------------------------------------------------------------------------- Recent polls show a pretty encouraging trend (or discouraging depending on who you talk to, I suppose). Bush is at an all time low of 31%, not too far off from Nixon's 27% during the Watergate scandal. Polls also show that the general public's trust in the Republican party versus the Democrats is also suffering. You hear Republican pundants constantly spouting off a "lack of agenda" problem with the Democratic Party. In my opinion, the Dems don't need one at this point. Bush continues to drive the party like a coked-up drunk headed for a brick wall at 110 ...
Exxon Mobil sets record profit in Q4. Let's hear it for unfettered capitalism! Exxon Mobil Corp. set U.S. records for annual and quarterly profits Monday as it easily topped fourth-quarter earnings forecasts. The nation's largest oil company reported net income in the fourth quarter of $10.7 billion, or $1.71 a share, compared to $8.4 billion, or $1.30 a share, a year earlier. Excluding items, Exxon Mobil ( Research ) earned $10.3 billion, or $1.65 per share, topping a consensus forecast of $1.44 a share from analysts surveyed by earnings tracker First Call. It also topped the record for quarterly profits it set in the third quarter, when it earned $9.9 billion. Shares of Exxon Mobil gained 2 percent in early-afternoon trading, helping to take the Dow into positive territory. For the year the company earned net income of $36.1 billion, or $33.9 billion excluding special items. That's up 31 percent from the $25.9 billion it earned on that basis year earlier. Exxon Mobil...
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