Tuesday, 15 August 2006

Gas Prices Tumble

The end of the Israeli/Lebanon war, the good weather in the gulf, and the good news about the pipe lines in Alaska have caused pressures on oil prices to ease. Both the futures market and the oil exchange have reflected this good fortune causing wholesale gas prices to drop 30 cents over the last week.

But we can't have good economic news without dire predictions on future economic hardships while we have a Republican president. Thus the second half of the Courier article talks about how the "respite is likely short lived" and lists all of the possible "disasters" that could once again spike gas prices.

Personally, I think gas prices have been over inflated for some time now. My guess is we are beginning to see the long awaited market correction. Unless multiple disasters occur, I think we have seen the cap on gas prices. But that is way too optimistic for the Courier!

Posted by elendil at 5:52 PM in National Politics

Davis Pulls Ahead of Lucas

Remember all of the stories in July that showed Lucas with around a 10 point lead over Davis?

Well it appears that Davis now has a 2 point lead over Lucas.

Two things. Where is the Courier Journal story covering Davis's comback from being down early? I am guessing this story is one that doesn't match the Courier's agenda of only reporting good Democratic news.

Secondly, I was right in saying Davis made a brilliant move by taking a tour of the district during the Congressional reccess. It showed he cared about the district and the district is responding.

Hey Fletcher, are you paying attention to this?

Posted by elendil at 2:46 AM in Kentucky Politics

House Speaker Richards Runs for the Hills

Passing the political hot potato back to Stumbo, Richards today called for Stumbo to appeal Melcher's decision that Fletcher couldn't be tried until he leaves office.

Richards, D-Bowling Green, said the courts need to address the issue of executive immunity, a principle that Fletcher argued -- and a district court judge agreed -- should prevent him from being prosecuted while he’s governor.

Richards said some people do not think a Kentucky governor has as much immunity as was granted in Special District Judge David Melcher’s ruling last week.

“I think it would be important for any future officeholder to know what the rules are and for the citizens to know what the rules are,” Richards said. “I think it would be important to have the highest court adjudicate that matter.”

Yeah right! We need to have this law "settled" for future cases. That is completely unbelievable. Why? Richards doesn't want to start impeachment hearings against Fletcher for these charges.

First, he knows the charges are flimsy at best. How would you like to impeach a person who is found not guilty on all charges?

Secondly, such an act will undoubtedly make this whole case a partisan affair that will not only make the case that this whole investigation was a partisan witch hunt, but it will make Fletcher a more sympathetic figure for Kentuckians.

Lastly, they don't have the political will to move. They don't want their past indiscretions with merit employees to surface again. Especially their lack of prosecution of such cases.

This means that Stumbo will have no choice but to appeal the decision. If he does that, then Fletcher should also appeal his rulings. He may get better reception from the appellate or Supreme court for one simple reason. No district judge has the cohones to throw out the case. They would much rather let a jury decide the case. Higher courts have more gravitas and would be more willing to follow the law rather than be swayed by public opinion.

Posted by elendil at 2:39 AM in Kentucky Politics