keep an eye on oil; notice that the back months have really been moving--the backwardation has closed quite a bit. earlier this year, when crude first hit 41, the 2010 contract was barely over 28; now it's close to 33. btw, T. Boone Pickens is apparently quite bullish on crude now--moreso than NG.
on another topic, it is disturbing to me that Bush, who is just a heartbeat from the presidency, is described by a prominent psychologist as having "paranoid and megalomaniac tendencies," and this psychologist apparently has the backing of other prominent experts.
“I was really very unsettled by him and I started watching everything he did and reading what he wrote and watching him on videotape. I felt he was disturbed,” Dr. Frank said. “He fits the profile of a former drinker whose alcoholism has been arrested but not treated.”
Dr. Frank’s conclusions have been praised by other prominent psychiatrists, including Dr. James Grotstein, Professor at UCLA Medical Center, and Dr. Irvin Yalom, MD, Professor Emeritus at Stanford University Medical School.
The doctors also worry about the wisdom of giving powerful anti-depressant drugs to a person with a history of chemical dependency. Bush is an admitted alcoholic, although he never sought treatment in a formal program, and stories about his cocaine use as a younger man haunted his campaigns for Texas governor and his first campaign for President.
“President Bush is an untreated alcoholic with paranoid and megalomaniac tendencies,” Dr. Frank adds.
One long-time GOP political consultant who – for obvious reasons – asked not to be identified said he is advising his Republican Congressional candidates to keep their distance from Bush.
“We have to face the very real possibility that the President of the United States is loony tunes,” he says sadly. “That’s not good for my candidates, it’s not good for the party and it’s certainly not good for the country.”
capitolhillblue.com
a book on the subject: amazon.com |