Word: gas
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...Weisskopf and Nathan Thornburgh's "Pipeline to Nowhere?" enlightened me on several levels [Oct. 13]. First, although paying her constituency understandably enhances Sarah Palin's popularity, it chafes me a bit. Doesn't Alaska belong to all of us? Why should part of the price I pay at the gas pump go into an Alaskan's pockets just because she lives there? Second, the story demonstrates Palin's worthiness to be McCain's running mate, since they both overstate their accomplishments. Vince Sigman, Malta, Ohio...
...every step, with fees for the deal, for advice, and for managing the assets. Macquarie runs toll roads in America, bridges in Portugal, French autoroutes, a tunnel in Germany, and airports from Sydney to Copenhagen. About 290 million people ride its buses each year, and 17 million light its gas...
...runs $55 billion worth of infrastructure assets, including ports in Britain, an Irish phone company, real estate across Italy, France, Germany and Japan, a fleet of jets, Australian gas, American rail stock, even a telecom cable under San Francisco Bay. Now the credit crunch is forcing it to sell off assets to cut its debt, estimated to total $35 billion...
...challengers aren't particularly strong candidates. Several are inexperienced; others are more liberal than their states. Many seemed almost struck dumb when, as gasoline prices soared this summer, Republicans hit on the suddenly popular idea of drilling for more oil. But the market meltdown has replaced $4-per-gal. gas as voters' top concern, and ever since Herbert Hoover, voters have looked to Democrats in economic hard times. "We're not catching a break," laments Nevada Senator John Ensign, Schumer's GOP counterpart who runs the National Republican Senatorial Committee...
...Consumer Sentiment: On Friday, the University of Michigan Survey of Consumers posts its sentiment index for early October, which measures shoppers' outlooks as they gear up for the holiday buying season, a crucial period that accounts for as much as 40% of retailers' annual sales. "Traditionally, if gas prices are up, consumer confidence is down," says Englund. "I'm not sure what will be captured by the Michigan Index, but I think it will drop because the RBC index dropped and that makes intuitive sense." According to the National Monthly RBC/CASH (Consumer Attitudes and Spending by Household) Index, consumer confidence...