Join First Lady Michelle Obama To Fuel Up
The First Lady of the United States of America, Mrs. Michelle Obama is always in the vanguard of whatever is best for America and the rest of the world. Tweet
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President George W. Bush Radio Address On the High Cost of Gasoline
President George W. Bush at the White House on Friday June 20, 2008. 21 Jun 2008 15:06 Africa/Lagos Radio Address by President Bush to the Nation President's Radio Address Audio En Español WASHINGTON, June 21 /PRNewswire-USNewswire/ -- The following transcript was released today by the White House Press Office: THE PRESIDENT: Good morning. Americans are concerned about the high price of gasoline. Everyone who commutes to work, purchases food, ships a product, or takes a family vacation feels the burden of higher prices at the pump. And families across our country are looking to Washington for a response. The fundamental problem behind high gas prices is that the supply of oil has not kept up with the rising demand across the world. One obvious solution is for America to increase our domestic oil production. So my Administration has repeatedly called on Congress to open access to new oil exploration here in the United States. Unfortunately, Democrats on Capitol Hill have reje...
Time for Real Change on the Economy and Taxes
Time for Real Change on the Economy and Taxes by Newt Gingrich (more by this author) Posted 03/18/2008 ETUpdated 03/18/2008 ET The news on the economy this week is increasingly unsettling. Gas prices continue to rise, with inflationary ripple effects throughout the economy. And the bust of the subprime mortgage market has now spread throughout the credit markets to such a degree that Bear Stearns, the fifth largest American investment bank, was sold last weekend in a firesale. Worse still, Wall Street's banks have essentially stopped lending. The appetite for any type of risk has come to a screeching stop. The problem is that a modern economy can't grow, let alone be sustained, for very long when banks stop lending. Companies use loans to finance operations, new equipment, and new acquisitions. That means if companies can't borrow, many will ultimately go out of business and thousands of people will lose their jobs. First Step: Immediate Action Needed to Stabilize the Hous...