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Friday, February 17, 2006


WHOLESALE INFLATION CONTAINED BY LOW GAS PRICES 



Remember when the mainstream media predicted, last year, that this winter would be tough on the economy because of higher gas prices?

Falling gas prices helped stem a rise in wholesale inflation around the country in January, government figures released today showed. Gas prices have dropped below $2 a gallon in some spots around the country, although analysts warn the downward trend probably will not last.


Don't worry. Soon we'll be hearing of how prices should rise in the summer thus creating more fears for the economy.

Wholesale Inflation Contained by Low Gas Prices

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LOBBYISTS HAVE GIVEN MORE TO DEMOCRATS 



Things that make you go hmmmm...

"Democrats have taken more money from lobbyists than Republicans during the past 15 years, according to an independent analysis of campaign contributions. Since the 1990 election cycle, Democrats have accepted more than $53 million from lobbyists while Republicans have taken more than $48 million for their election campaigns, according to the Center for Responsive Politics.

Data provided by the nonpartisan group also shows that when Democrats controlled Congress in the early 1990s, they consistently hauled in more than 70 percent of the town's lobbyist money. The group is a leading critic of Texas Republican Rep. Tom DeLay's ties to lobbyists.

'When the Democrats were in charge, they were getting an incredibly higher amount of lobbyist money compared to Republicans,' said Brian Nick, spokesman for the National Republican Senatorial Committee. 'Now that the tables are turned there is parity between the two parties.' Last year, for instance, Republicans took in 55 percent of the lobbyist money, which roughly corresponds to their majority share in Congress.

Mr. Nick said the figures 'take the wind out of Democrat sails' for their charge that Republicans have ushered in a 'culture of corruption' that breeds extensive ties to lobbyists. "


Lobbyists have given more to Democrats -- The Washington Times

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