“If you hit Houston with a Category 4 or 5 (hurricane), and we’ve only got a couple billion dollars in the rainy day fund, instead of going in and rebuilding and recovering, we’re talking about bankruptcy. That’s the choice that we have here.”- Rick Perry, Governor of Texas
Texas Governor Rick Perry asked President […] Continue Reading…
An annual Enadis 2010 survey, released on April 12, reveals Mexicans don’t trust the police or religion.
The survey asked what Mexicans fear most. Number one was violent robbery, followed by violent act by drug gang, and at number three; being a victim of the police or other government enforcement agencies. Gee, the government is […] Continue Reading…
Russia has stopped exporting refined fuel, officially to deal with fuel shortages in Russia.
Russian officials hope the export ban will last only through May, but after that Russia will increase to costs of exporting their fuel. In any event, this move by Russia should add to the increasing fuel prices the world is paying.
I […] Continue Reading…
“We are completely committed at the American Red Cross to make sure that they would feel proud about how the money is being spent.”-Gail McGovern, President American Red Cross
McGovern admits that inspecting how U.S. donations are being spent was a key reason for her trip to Japan. The American Red Cross was criticized […] Continue Reading…
The Iranian oil producer, Iranian Offshore Oil Company, says their engineers have designed the world’s first drilling rig, that can operate both on shore, and off shore.
Once the rig becomes operational some 8,000-10,000 barrels of oil per day could be pumped. It’ll operate in Iran’s Salman oilfields.
Syria and Venezuela operate a joint refinery in Alfrekls in the Syrian state of Homs. Iran now wants to increase its role in the operation of the refinery.
Iran currently owns 26% of the Alfrekls refinery, which can produce 140,000 barrels of oil per day. Iran has expressed a desire to increase its investments in […] Continue Reading…
Iraq and Syria announced plans to build a pipeline for natural gas, from Iran.
The 2,000 kilometer (1,242 mile) line will end up supplying gas to Turkey, Syria, Iraq, Lebanon, Jordan and Egypt.
Chrysler announced that it will pay back the U.S. and Canadian governments (taxpayers), but not because of increased profits.
Chrysler is trying to get money from private lenders, in order to pay back the government loans. This is a sign that Chrysler doesn’t think it can pay back the taxpayers, based on its sales/profits.
Also, Chrysler […] Continue Reading…
WalMart is going to sell guns again. It realized that part of its declining sales is because it stopped selling guns in about 2,000 stores back in 2006. Here in Idaho WalMart never stopped selling guns.
The move back to selling guns comes after seven straight quarterly losses for WalMart.
Selling guns is good for the […] Continue Reading…
A CNN poll said 75% of U.S. citizens will not watch the royal wedding. ABC’s own online poll currently shows (as I write this) 427 are not “excited about the royal wedding”, 185 said yes they were “excited”.
Here in eastern Idaho a local TV station (KIFI, Idaho Falls) did their own local poll, the […] Continue Reading…