
- A New Look at the ‘New Poor’
- Six Pack: Beer Buzz of the Week
- Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst
- Under Pressure, FHA Skews to Wealthier Home Buyers
- Big Stock Upside for Hudson City Deal: Analyst
- 5 High-Yield Stocks Ready to Boost Dividends
- Yoshikami: Four Things You Need to Know About Gold Now
- Steinbock: The Euro Zone Endgame Begins
- Option Bulls Take Another Shot on Idenix
- Citigroup Lost $20 Million on Facebook IPO Trades
- JPMorgan to Shake Up Risk Team After Big Loss: Report
- EU Finalizes Bank Reforms; Shifts Burden to Bondholders
- Spain's Bankia Eyes Stake Sales After Record Bailout
- EU Set to Launch Action Against China Over Telecom Aid
- JPMorgan to Shake Up Risk Team After Big Loss: Report
- Marc Faber: Chance of Global Recession Is Now 100%
- Cool Jobs: From Gold Stacker to Bed Tester
- 'Flash Sale' Sites: Gimmick, or Online Shopping Future?
MOST SHARED
- Spain to Inject 19 Billion Euros into Bankia
- Fresh Fears as EU Finalises Reform Plans
- Beijing Faces Brussels Action on Telecoms Aid
- Zero China Growth Is ‘Probable’: Gordon Chang
- Citigroup Lost $20 Million on Facebook IPO Trades
- China Growth Risks Signal Need for Fiscal Action
- Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst
- What Would Greek Exit Mean for the US Economy?
- GM Discloses $600,000 Contract With Ad Agency Tied to CFO's Wife
- 5 High-Yield Stocks Ready to Boost Dividends
Politicians Seem Intent On "Fueling" Energy Crisis For Votes
![]() |
Barack Obama, Hillary Clinton and John McCain are all on board. Clinton and McCain are also calling for a summer-time gas-tax "holiday" to save cash-strapped motorists a few cents per gallon--for a little while.
Never mind that serious energy policy experiments consider the gas-tax holiday a gimmick that would be counter-productive by increasing motorists' incentive to drive at a time when the opposite signal is needed.
President Bush noted in his news conference yesterday that halting the filling of SPR would have only a tiny impact on worldwide demand, and thus only a tiny effect on prices.
But candidates feel the need to react to public discontent, even if their reactions are of dubious value.
That's especially true at a time when candidates are scrapping for the support of working class voters, as Clinton and Obama are doing right now in Indiana and North Carolina.
In fact, that's what makes Obama's refusal to embrace the gas-tax holiday all the more striking.
Can the non-political move on gas taxes turn into good politics for Obama at a moment when he has faced criticism for his handling of former pastor Jeremiah Wright.
We'll know on May 6, the next election day in the Democratic nomination fight.
Questions? Comments? Write to .
- The Nasdaq has suffered the most from the EU crisis showing there's risk in the usual tech stocks.
- Targeting more Millennials is just one of the items brewing for consumers in the world of spirits.
- It seems many people may need a reminder of how NOT to act on a plane. Here are a few tips.
- Here are some very unusual roadside stops along American highways that might peek your interest.
- How three generations of Americans are dealing with the finances of retirement.












