Cole Gardner's blog

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Cole Gardner's blog

Posted at 1:37pm on Nov. 8, 2006 Market Reaction to Democratic Victories

By Cole Gardner

The financial markets have already started sliding as a result of the new Democratic majority in the House and possibly the Senate. This stuff is not rocket science. Across the board, expected incomes are lower today than they were yesterday, (assuming you subscribe to the idea that stock prices are a fair market valuation of a firm's future cash flows).

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Posted at 1:40pm on Nov. 3, 2006 Immigration: a second try

By Cole Gardner

Recently, I wrote a piece on a relative of mine who is an illegal immigrant. After reading comments and listening to friends, however, I thought it necessary to write a follow-up explaining why I was largely wrong.

When you're emotionally attached to an issue, it is extremely hard to see things objectively because you see your own case as an outlier. Not since 9/11 have my emotions so strongly influenced my position on an issue, which is the very thing I've hated about liberals for longer than I can remember (reason enough for it to be wrong).

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Posted at 2:33pm on Oct. 2, 2006 More Quality Journalism...

By Cole Gardner

I've just about had it with the “he said, she said” game by the press. Why are we not more skeptical of these "experts" who criticize the Bush Administration after talking to a few "insiders" looking for publicity? A journalist writes a book, and suddenly he's an expert on what essentially amounts to gossip.

The NY Times reported today that members of the 9/11 commission were "alarmed" to learn that Condoleezza Rice was informed in July of 2001 by CIA Director George Tenet about an imminent attack from al Qaeda, according to a new book, State of Denial, by journalist Bob Woodward. Secretary of State Rice of course denies this saying she has no recollection of any such meeting. Who could blame her? Big surprise there. So who’s right?

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Posted at 2:33pm on Sep. 11, 2006 UGA Newspaper Features Muslim Prejudice over 9/11 Remembrance

By Cole Gardner

Today, the University of Georgia's "independent" student newspaper, The Red and Black launched a veiled attack on conservatives in what has been one of the most agenda-driven publications in the paper's recent history.

On the one day that should have been about anything but political infighting, the paper featured three articles denouncing conservatives. The front page featured an article about two members of the school’s Muslim Student Association who were confronted with Islamic prejudice in the immediate wake of 9/11. The second article also made the front page advertising an anti-conservative art show entitled, "America on the Brink" sponsored by Athens Institute for Contemporary Art. The Red and Black also printed an associated press article featuring the infamous Michael Moore promoting segments of his new film, "Sicko" at the Toronto Film Festival on Friday. The critique of America's healthcare system is set to debut in June. The TFF has also been in the news in recent weeks for its featuring of "Death of a President," the "mockumentary" about the hypothetical assasination of George Bush and its effect on the global war on terror.

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Posted at 4:11pm on Sep. 10, 2006 Are the liberals losing Hollywood?

By Cole Gardner

What’s this? Conservatism in Hollywood?

We’ve already seen how Americans are fed up with the liberal bias in the newsroom. Bill O’Reilly at Fox News has the highest rated cable news program in his timeslot, and Glenn Beck, a highly self-proclaimed conservative is doing well on CNN’s Headline News. For the most part, we’ve accepted film and television for what they are – a medium of the liberal agenda. At least…we used to. The tables might be turning. While it may be premature to count on southern California and New York to vote Republican this November, you may start to notice some of the same small changes we’ve seen in cable news make their way into the entertainment segment of the media. The political agendas and liberal characterizations we’re used to seeing on television and on the big screen seem to be changing.

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Posted at 1:14pm on Sep. 6, 2006 Drilling the Point Home

By Cole Gardner

Hidden in the headlines of Katie Couric’s “historic” broadcast today is a story coming from the Gulf of Mexico. What could possibly be there, you say? Oh nothing – just the biggest discovery of the largest oil field since Prudhoe Bay in Alaska nearly a "generation ago." The preliminary report indicates that it has the potential to increase US oil reserves by 50%.

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Posted at 1:36pm on Sep. 1, 2006 Bush Shot in New Mockumentary Film

By Cole Gardner

Military Rountable Logo The Toronto Film Festival will premiere a new "mockumentary" film this week that depicts the hypothetical assassination of George W. Bush and its supposed impact on the war on terror. The film, titled Death of a President (or D.O.A.P. as it is "coyly" refered to in festival material) is set to air on UK's Channel 4 in October. Eric Staal of Republicans Abroad in London commented that the film "takes this vilification to a new and disturbing level." The White House has said that it will "not dignify the film with a response." Director Gabriel Range said that the film "is never a personal attack on Bush," and that it is a "thought-provoking critique" of US foreign policy in the absence of George Bush.

Maybe he didn't watch the dailies of the president getting shot!

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Posted at 1:31pm on Aug. 21, 2006 It's Free-Market, Stupid!

By Cole Gardner

You may remember a story from a few weeks ago when Exxon Mobile released its 2^nd quarter earnings that topped $10 billion, which was up over a billion from their 1^st quarter earnings and a quarterly earnings record for the world’s largest oil company. Senate Minority leader Harry Reid (D - NV) called it a “backhand” to the American public as gas prices now average over $3.00 a gallon across the country.

NBC Nightly News respectively ran the news of Exxon’s 1^st and 2^nd quarterly earnings reports for 2006 in its top stories both in late April and July. Newsbusters, a conservative opinion website, criticized NBC believing that they ignored the real greedy culprits – the government. For Exxon’s $8 billion in first quarter earnings, they paid nearly double in taxes.

So who gets this enormous paycheck? Surely the top managers and decision-makers receive the largest chunk of it, right? No. The CEOs, managers, and board members are employees of the stockholders. At Exxon, no one investor controls more than 1% of Exxon’s 680 million issued and outstanding shares, which means that the 40% of Exxon’s first quarter earnings that were distributed to stockholders lined a lot pockets for “working families.” Financial experts continue to encourage investing in big oil, as it has proven to be one of the most solid industries in the stock market. Not long after announcing their record profits, Exxon Mobile replaced Chevron atop J.P. Morgan’s list of core investment holdings among the nation’s largest oil-producers; let’s not forget that these investment consultants and brokers, like the oil companies they endorse, are also out to make a profit.

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