Big Oil in Big Trouble: ExxonMobil, Oldest Member of the Dow 30, Ushered Out
The pandemic has pushed the oil industry into a position where it’s hemorrhaging money. Recently we learned that ExxonMobil, a Dow component since 1928 (then Standard Oil), has left the DJIA, replaced by something of greater relevance to today’s world.
Exxon’s (ticker XOM) stock closed at just under $41/share today, off more than 60% from its all-time high about 10 years ago. That hardly makes it a “buy” at this point, however, because the fundamentals are so poor: (more…)
If you were asked to name the single most despicable member of Trump’s cabinet, whom would you choose?
I’m very suspicious of the claim made above. Before I get into my reasoning, here’s an excerpt from an 
I have bad news for the GOP: rhetoric like this isn’t going to get the job done. It’s true that there are a few tens of millions of morons who can’t think back to 2008 – 2016, when politically equivalent Obama was in the White House, Joe Biden was VP, and none of this happened. But that’s not nearly enough to win the election.
A whopping 65% of Americans identify as Christians. Now, 25.4% are Evangelicals, whose version of Christianity has little if anything to do with the teachings of Christ, so that leaves roughly 40% whose lives are driven, at least in part, by a religious devotion to non-violence, love, mercy, charity, tolerance, and forgiveness. 
A reader sent me the blurb at left. My response:
With all the revolting developments unfolding in U.S. politics on a daily basis, perhaps the only thing to actually like is events that come out of deep, deep left field, like this one:
John S. McCollister is a Republican state senator in the Nebraska Legislature, representing an Omaha district.
Yes, it’s true that half of the speakers at the Republican National Convention have “Trump” surnames, but what about the other half?
