Letterwerks Sign City
 
"Where Fillmore County News Comes First"
Online Edition
Sunday, December 11th, 2016
Volume ∞ Issue ∞
 
<< | < | 88 | 89 | 90 | 91 | 92 | > | >>

Try to forget about gasoline price wars


Tue, May 24th, 2011
Posted in Commentary

As the prices for gasoline begin to creep toward the $4 per gallon mark, it appears that President Obama will get his wish for "gradual adjustment" to high gas prices.

When the truth is unveiled, citizens of this country are not adjusting in the way Obama expected. When the President was asked the question if "these high prices help us," Obama told CNBC, "I think I would have preferred a gradual adjustment." What the President meant with his comment about helpful high fuel costs, no doubt, meat that the demand for fuel would decrease as the price per gallon increased.

Unfortunately, that was not the case, for it looks like the oil producers will continue to get rich at our expense. ExxonMobil, a US based company with international interests, saw an increase in profit in the first quarter of 2011. Many Americans are upset at this petroleum-based company reaping huge profits at the expense of the consumer. It is, however, interested to note that exxonMobil controls only two percent of the oil market. Oil rich OPEC nations, mostly in the Middle East, control the lions share and are the large profit-takers. As Americans, we constantly complain about the companies which operate income. We like to call this outsourcing. Yet, as a nation, we gladly throw our hard-earned dollars to foreign countries which produce oil and very few complaints are heard from the American public. Washington politicians, rather than close tax loopholes which benefit the big five US oil companies, (ExxonMobil, Chevron, BP, ConocoPhillips and Shell) are assessing a $20 billion excessive profit tax. Granted this reflects new money and is worth saving, but it represents only 1/200th of the four trillion which is needed over the next 10 years to help pay down the national debt. In addition, this excess tax against companies which are being used as political punching bags, are also large contributors toward re-election campaigns on both sides of the aisle. Rather than pick on just five companies which produce oil, why don't the politicians with their infinite wisdom just close the tax loopholes for all US companies? ExxonMobil in the year 2008 paid more in US Federal Taxes than the bottom 50 percent of all taxpayers combined (61.7 billion), which was an all-time record for ExxonMobil (Forbes Magazine 2009). So much for the political statements that the rich don't pay their fair share. The US Department of Energy said, "World crude and liquid fuel consumption grew by an estim .....
[Read the Rest]

Bringing balance to our checkbook

Fri, May 13th, 2011
Posted in Commentary

Nearly a month ago Standard and Poors revised the outlook for the United States to negative from stable while reaffirming the triple A rating. The reason for the lower outlook on our country's debt is what the rating agency sees as an inability for ..... 
[Read the Rest]

Thankful Beyond Measure

Fri, May 13th, 2011
Posted in Commentary

For the past quarter century, Winona and southeastern Minnesota have given me tremendous gifts. When my husband Milt and I left the Navy in 1988, we found this quintessential Midwestern town along America's most beloved river. There was an opening a ..... 
[Read the Rest]

Keeping the memories - 5/9/11

Fri, May 6th, 2011
Posted in Commentary

This coming Memorial Day we are thankful for the men and women who are risking their lives in Afghanistan and Iraq. We are especially thankful this week for the incredible bravery and risk taken by our Navy Seals.

Each Memorial Day brings to ..... 
[Read the Rest]

One Moment Please - Larson's Hardware, Valley Farm & Home

Fri, May 6th, 2011
Posted in Commentary

Publisher of the Fillmore County Journal, cell phone: 507-251-5297

I was afraid this was going to happen.

My cell phone rang on Monday, May 2, and the man on the other end said, "Hello, Jason, this is Joe Larson with Larson's Hardware ..... 
[Read the Rest]

The rich and poor

Fri, Apr 29th, 2011
Posted in Commentary

The rich and poor. Who are they? The stereotypic view is that the bottom 20 percent are an enduring and never-changing class who are often there through no fault of their own. As those at the top never change as well as the 60 percent in the middle. ..... 
[Read the Rest]

Senator Miller applauds Governor Dayton for signing Green Acres Reform

Fri, Apr 29th, 2011
Posted in Commentary

St. Paul - Senator Jeremy Miller's (R-Winona) legislation, intended to reform Minnesota's problematic Green Acres program, was signed into law by Governor Dayton Friday morning. The legislation, House File 12 (Senate File 222), is intended to protect ..... 
[Read the Rest]

One moment, please... Ghost towns?

Fri, Apr 29th, 2011
Posted in Commentary

Publisher of the Fillmore County Journal, cell phone: 507-251-5297

It appears the business landscape of Fillmore County has been changing in a disorganized yet synchronized fashion.

In the past six months, two hardware stores have clo ..... 
[Read the Rest]

What are they thinking?

Fri, Apr 22nd, 2011
Posted in Commentary

Pundits are busy taking the pulse of the nation's voters to find out what they are thinking. I have some ideas of my own about this.

They believe the recession started January 21, 2009, rather than in the fall of 2007. They believe Obama is ..... 
[Read the Rest]
<< | < | 88 | 89 | 90 | 91 | 92 | > | >>