SUNDAY MORNING SWILL

TREASURY STRESSING OVER STRESS TEST RESULTS

IT'S LOSE-LOSE FOR REGULATORS, BANKS, INVESTORS

The May 4th deadline for release of the Treasury Department's results of their financial stress tests for the nation's banks may be delayed until a decision is made on how to release the information.

The Office of the Comptroller of Currency wants to hide the results from the public eye and the Treasury is pushing for broad disclosure.

The problem for Treasury Secretary Tim Geither is that if some of the information shows certain banks in trouble, investors will leave in droves, crashing the already wounded institutions and leaving the Treasury holding the bag. If they cover up the troubled banks true situation, that will taint any credibility they have left. 

The plan to go after the the big bad bankers for the sake of the sucker vote sounded good on paper but like a lot of leftie plans, it wasn't thought through thoroughly to its conclusion.  Now they are in a position to, once again and certainly not for the last time, to say 'whoops' and try to skate on.

Stop helping us would be a big help.

ENVIRONMENTAL REGS TRUMP 'GREEN' POWER SOURCE

OH, THE IRONY IS ON THE FIRE NOW

The Obama Administration's full-throated plan to create sustainable green power for America to reduce our consumption of fossil fuels and create millions of green jobs to save the economy ran into a roadblock of the Democrat Libs making when the National Park Service, acting under repressive ecological guidelines, denied the building of a solar panel array in the deserts of California, Nevada and Arizona.

The arrays and the massive construction of new high-voltage power lines would alter the ecosystem of  indigenous species of desert tortoise, pupfish and threaten water drawdowns in the water-starved region.

The Liberal Left- bringing you complex solutions for simple problems.

MORE GREEN  SOLUTIONS TURN BROWN

ETHANOL- THE FUEL NOBODY REALLY WANTS

Yet another much-touted solution to our fossil fuel consumption is running into an economic hurdle- nobody wants to buy it.

Ethanol, the corn-based fuel additive that was supposed to relieve the United States' dependency on foreign oil imports, has proven to be the boondoggle many on the right warned it would be. 

Aside from taking massive amounts of food substance out of the mouths of hungry people around the world, the water-intensive, over-fertilized and over-hyped production of 'green' energy has yielded less than two percent of the fuel used in the country. Industry estimates that at full production, using every acre of corn possible, would only account for less than ten percent of the fuel needs of the United States.

At this point, with the economy faltering and energy prices worldwide ebbing, purchases of the government subsidized product is next to nothing and croppers are considering using their corn in food production once again. 

When is a good idea not one? 

GLOBALIZATION? UMMM...MAYBE NOT

Delta Air Joins Other Major Corps In Pulling Back Call Centers From Overseas As Customer Resistance Affects Bottom Line

Delta Airlines plans to close its overseas call centers in India due to widespread customer discontent in dealing with foreign-language operators in its reservations department. 

Delta joins Sallie Mae and other major corportations in bringing their call centers back to the United States rather than risk further customer erosion. 

It turns out that cheap overseas labor is really a money loser.