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POPSPolitical Oil Purely a political move by the administration feels you pain on high gas prices. Oil and natural gas on the OCS is still as off limits as it was before the president made the announcement.
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POPSOil: An Industry in Crisis? Not sure if that's the case--crisis might apply to the financial services industry right now--but it's certainly an interesting article.
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POPSNot Rubinomics Part II Nice take from NYT's Jackie Calmes on the influence of Bob Rubin on Obama's economic team. But don't expect the Obama era to be a reprise of Rubinomics, which focused on balanced budgets and deregulation. There's going to be much deficit spending and a shift towards regulation in the next few years.
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POPSNapolitano to DHS Obama's selection of Napolitano as Homeland Security Secretary shows that he's thinking about immigration policy. But DHS encompasses a lot more than just immigration--including cyber security, transportation security and disaster relief. What are your thoughts on Napolitano and Obama's other reported Cabinet picks--Eric Holder as Attorney General and Tom Daschle as HHS Secretary? And what of Hillary Clinton as a potential Secretary of State?
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POPSEasing the Ethanol Mandate Smart move on McCain's part. He gets to look like he's doing something to resolve the food crisis. Will EPA waive the increased ethanol production? Not a chance.
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POPSObama's VP Pick Friday? This might lend credence to the possibility that he'll pick Friday, and use the momentum to carry him into the Democratic convention next week.
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POPSGoing Ba(ra)ck On His Word? Obama opts to pursue private financing, resulting in a blitz of protest from McCain's camp. This was expected as Obama raised an unprecedented level of cash during the primaries. It also invites more scrutiny of his donors.
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