Charles Dharapak/Associated Press. President Barack Obama withChina’s Ambassador to the U.S., Zhou Wenzhong, left, and U.S.
Ambassador to China Jon Huntsman on the Great Wall, November 2009.
ran 8.0 miles
Here are a few things you may have missed today.
- President Obama will likely nominate Commerce Secretary Gary Locke to be his ambassador to China. This nomination arrived on the heels of Jon Huntsman announcing his resignation from the current position of ambassador to China. Huntsman is aiming to explore a presidential nomination on the Republican ticket in 2012. That’s awkward. The current tension between the U.S. and China continues to build over concerns from Congress and the White House that the yuan is intentionally undervalued, giving China an unfair advantage in world economics.
- Rising gas prices due to crises in North Africa and the Middle East are posing the question of whether Obama should tap America’s 727 million barrel Strategic Petroleum Reserve to quell the inflation of gas prices. Industry insiders and pundits feel doing so would be a bad idea and that the reserve should only be used for real emergencies, while certain Senators and Representatives fear the return of a recession and advocate the use of the reserve. It’s no quick fix, but how about letting America drill its own resources again. Mass transit and green energy are modern technologies with much future potential, but to halt the ability to drill our own natural resources and at the same time import oil from volatile countries that make our energy prices contingent on whether these countries are overthrowing their leader or having a civil war is extremely unreliable and very stressful on an economy. Our lack of energy stability in proportion to the fact that America is fully capable of supplying its own gas and oil needs has always been an unexplainable curiosity of mine. Why have we been using so much oil from so many countries that don’t even like us when we could supply ourselves---creating jobs, bolstering the economy, and being secure in ourselves. Green energy still requires quite a bit of developing at the intended mass scale and ideas like high speed rails, or mass transit, are obviously not feasible at this point because states have been turning away federal money for such projects. In the mean time, and it will be a long “Mean time”, there is every reason to drill. A few permits have been issued recently, but in the full spectrum of opportunity, they are hardly worth mentioning.
- The total number of ObamaCare waivers issued by the Department of Health and Human Services reached 1,040 on Friday. These organizations were given a one-year exemption from a new coverage requirement included in the health care reform law. First thing that comes to mind is how are these companies that received waivers going to afford the costs they are averting now when next year arrives? And the year after that, once this thing really cranks up?
- Wisconsin Governor Scott Walker received a letter today from Democratic escape specialist/state Senate leader Mark Miller suggesting a meeting “Near the Wisconsin-Illinois border” to discuss the state’s budget impasse. As would anyone who was in their right mind, Walker dismissed it as “Ridiculous”. Miller has been MIA since February 17.
