Below is an email message to Valero employees from the Chairman and CEO of Valero Energy. They have a large refinery in Port Arthur and Lake Charles. Date: January 24, 2012 To: Valero Employees From: Bill Klesse Subject: Keystone XL Pipeline Statement As you know, the Obama administration decided last week to deny TransCanada’s application
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Dems propose ‘Reasonable Profits Board’ to regulate oil company profits By Pete Kasperowicz – 01/19/12 Six House Democrats, led by Rep. Dennis Kucinich (D-Ohio), want to set up a “Reasonable Profits Board” to control gas profits. The Democrats, worried about higher gas prices, want to set up a board that would apply a “windfall profit
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EDITORIAL: Obama’s crony capitalism Friends of the president are given billions in government largesse By THE WASHINGTON TIMES– Thursday, January 26, 2012 President Obama said in his State of the Union address that one of the American values that must be reclaimed is “an economy where everyone gets a fair shot, and everyone does their
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Washington Post Fact checking the 2012 State of the Union speech Glenn Kessler 01/25/2012 A State of the Union address is often difficult to fact check, no matter who is president. The speech is a product of many hands and is carefully vetted, so major errors of fact are so relatively rare that they sometimes
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FOX NEWS Executive Branch – POLITICS Published January 24, 2012 | Associated Press WASHINGTON – It was a wish list, not a to-do list. President Obama’s array of plans in his State of the Union speech was light on a key piece of context — namely, that his hands are so tied until after the
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JANUARY 20, 2012 He’s a Reaganaut with executive experience and discipline. By JOHN BOLTON With America’s future at stake in November, I decided to support Mitt Romney for three reasons: his Reaganaut philosophy, executive experience and general-election campaign strengths. Our country’s political focus on economic recovery has allowed President Obama to escape responsibility for his
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January 24, 2012 By John Hawkins 1/24/2012 During the practically endless series of Republican debates, we have heard almost every question imaginable asked to Republican candidates – if by every question imaginable, you mean horribly slanted, often irrelevant questions designed to make them look bad and help Obama. We’ve heard questions about contraceptives, religion, Newt’s
15 QUESTIONS THE MAINSTREAM MEDIA WOULD ASK BARACK OBAMA IF HE WERE A REPUBLICAN Read More »
JANUARY 18, 2012, 7:19 P.M. ET In the 1980s, the resilient U.S. economy saved itself from becoming Europe. Bain was part of the rescue. By DANIEL HENNINGER Not only did Bain Capital save America, but no matter what turn Mitt Romney’s political career takes, Bain Capital may stand as the best of Mr. Romney’s lifetime
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JANUARY 20, 2012 Why 4,300 people are suddenly out of a job. You know something’s wrong when a company like MetLife can’t find a buyer for its mortgage unit, fires 4,300 workers, and its stock rises. But such is the condition of America’s housing markets, where the risk of overregulation and litigation are so high
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This is Romney’s moment to distinguish himself by making a moral case for free-market capitalism. By DONALD L. LUSKINMr. Luskin is chief investment officer at Trend Macrolytics LLC. EXCER[T FROM THIS ARTICLE: The rules under today’s politics are quite different. Consider the federal government’s 2009 bailout of General Motors. GM’s secured bondholders were contractually entitled to
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