The Value of Alaskan oil.

Today marked an interesting day in the Oil Economy. First, Oil hit an all time intra-day high of $56.60. Second, the US Senate rejected, by the slimmest of margins (51-49), a motion to halt the approval of development of the oil rich ANWR area of Alaska. Proponents of developing ANWR love to say that it …

Simple question on Iraqi democracy

Name one Democracy where the winning party must achieve something other than a simple majority (50%+1) in order to govern: Corrected/Updated US Senate: No House: No Presidency: No Canada: No UK: No France: No Israel: No Iran: No South Africa: No Sweden: No Afghan Presidency: No Lebanon: No Iraq: Yes, 75% of vote is needed …