The LuLac Edition #591, Oct. 4th, 2008

PHOTO INDEX: OUR TOP 40 AND 1968 LOGO

KANJO SAYS YES

Congressman Paul E. Kanjorski (PA-11), the Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, voted in favor of the bipartisan economic rescue package which passed in the House by a vote of 263-171. The Emergency Economic Stabilization Act aims to protect taxpayers on Main Street who had no part in Wall Street’s reckless behavior. This much-needed, though flawed, economic legislation is a necessary emergency response to rectify the current credit crunch and prevent a looming economic catastrophe.
“No one was happy to vote for this economic rescue package, but I am proud that a bipartisan majority of my colleagues courageously cast their votes in an unprecedented attempt to save the American economy,” said Chairman Kanjorski. “Each day, more and more Americans are beginning to understand how the crisis of confidence in our credit markets is affecting their jobs, their paychecks, their home values, and their access to needed loans.”
Chairman Kanjorski added, “Rescuing the economy is more important than anything else the federal government can do. Protecting middle class Americans and rescuing our economy is not a political issue – it is an American issue.”

Chris Carney, covering his ass for reelection voted no.

ELECTION TOP 40

GAS DRILLING #32

McCAIN

John McCain Will Commit Our Country To Expanding Domestic Oil Explo
ration. The current federal moratorium on drilling in the Outer Continental Shelf stands in the way of energy exploration and production. John McCain believes it is time for the federal government to lift these restrictions and to put our own reserves to use. There is no easier or more direct way to prove to the world that we will no longer be subject to the whims of others than to expand our production capabilities. We have trillions of dollars worth of oil and gas reserves in the U.S. at a time we are exporting hundreds of billions of dollars a year overseas to buy energy. This is the largest transfer of wealth in the history of mankind. We should keep more of our dollars here in the U.S., lessen our foreign dependency, increase our domestic supplies, and reduce our trade deficit - 41% of which is due to oil imports. John McCain proposes to cooperate with the states and the Department of Defense in the decisions to develop these resources.

OBAMA

Not a long term solution but at least a start. For our economy, our security, and the future of our planet, I will set a clear goal as President: in ten years, we will finally end our dependence on oil from the Middle East. Washington's been talking about our oil addiction for the last 30 years, and McCain has been there for 26 of them. He's said no to higher fuel-efficiency standards for cars, no to investments in renewable energy. Today, we import triple the amount of oil as the day that McCain took office. Now is the time to end this addiction, and to understand that drilling is a stop-gap measure, not a long-term solution. As President, I will tap our natural gas reserves, invest in clean coal technology, and find ways to safely harness nuclear power. I'll help our auto companies re-tool, so that the fuel-efficient cars are built in America. I'll invest 150 billion dollars over the next decade in renewable energy--an investment that will lead to new industries and five million new jobs that pay well and can't ever be outsourced.

1968

On the campaign trail, GOP Vice Presidential candidate Spiro Agnew called the student demonstrators at the Chicago convention leaning toward being Communists…..In New York state, Governor Rockefeller appointed Congressman Charles Goodell to succeed the late Robert Kennedy. Goodell was regarded as an ultra Republican liberal……Statewide, the Bob Casey for Auditor General campaign begins to pick up steam with Casey leading in the polls by double digits…..Wilkes Barre begins to get ready for a visit by former Vice President Nixon in his bid for the Presidency and forty years ago this week in 1968, the number 1 song in LuLac land and America was “Fire” by the Crazy World of Arthur Brown.