Showing posts with label Occidental Petroleum. Show all posts
Showing posts with label Occidental Petroleum. Show all posts

Sunday, July 27, 2008

Our America aint black or white – it’s green

I’m hopeful everybody got they fix of CNN this past week, I’m sure they got some huge ratings. Unfortunately, I don’t get down with talking heads and think they may be doing more to divide America than bring us together. I mean the title alone, sure there may be two three or four Americas, but I don’t think a TV special does anything than tell folk what they already know and experience. Unless we live under rocks like Armadillidiidae vulgare, excuse me I mean pill bugs or Earth worms. Strange to me also was the timing, while Obama was on his worldwide tour. Folk brought out 200 stacks of folk out in Germany. Yep, it was a good look, but what does it do for me is my query?

Last I heard Germans don’t vote up in this camp. And I aint hating, I said the same thing about McCain when he was in Israel. Not to mention, I was gonna post on his lameness today but some more brain cells started to twitch – thus the current thought crime. As I have said in maybe too many post, our economy is fucked. As well, I have recanted a number of factors and postulates as to why we are experiencing what we are. Unlike the pundits or politicians, I have offered DOABLE solutions to this economic conumdrum.

But the way I see it, it will only get worse if we don’t take control and create our own reality. Now I’m no leader, but I was taught that leaders do two things: create their own reality and know how to say thank you. What have they created for me thus far is a porridge of unknown proportions. I se e the Dow Jones, and I see it loose and then make up some of the ground, but each time it does gain its losses, it looses another 200 to 300 points and need I remind you, that aint a good look. Dow Chemical profits dropped almost 30 percent over the past quarter, namely from what they say was due to spending 40 percent more on fuel and raw materials. Starwood Hotels, the folk that own Westin among others reported a 28% loss this past quarter and Kimberly Clark, the folk that make Kleenex and Huggies, reported a loss of 10% (do to rising energy cost as well). These are just the past quarter, I would add the last year but I don’t wanna cry in public.

The problem for me, outside of the political presidential hopefully not dealing with such specifics, is that it is only happening here in this country. I mean Daiwa Securities in Japan expects a profit of any where from 200 to 300 million over the next quarter. Credit Suisse can manage to mogul a billion dollar plus profit for the next quarter when overall net profits dropped. The Qatar Investment Authority has just increased its stake in Barclay PLC of London by more than 6 percent or $9 billion.

Now all American Based companies aint fucking up, I mean ask Occidental Petroleum, they profits increased 63 percent the past quarter, that’s right, they in oil. Now don’t get upset, so I aint watch Black in America or what ever it was called. All I am saying that the America I love and know has been foul to me and mine; that it is not black or white or mauve or polka-dot. If such was the case, we would have the black and white IRS and the Yellow and red Federal government. We have neither. The America that is ours (me my, son, and daughter) is green (dollar, dollar bill yawl), regardless of the denomination. That must and should unite us all, what color is yours jones?