July 21, 2008

Two politicians and an oil billionaire

I don't usually pay much attention to media advisory press releases from Washington. It's usually a junior senator out to make a name for themselves and the content doesn't relate to what we do. But I stopped short of the delete key on the latest.

***MEDIA ADVISORY***

SENATORS LIEBERMAN AND COLLINS ANNOUNCE HEARING ON ENERGY SECURITY, T. BOONE PICKENS TO TESTIFY

I greatly admire Senator Lieberman on just about everything except his proposed energy policies. Not that his heart isn't in the right place; I just think the cost/benefit analysis of the climate bill he co-sponsored with John Warner doesn't work. It will do little to actually help with climate change, it won't help your clients' wallets and certainly not their portfolios. But no matter the opinion, the inclusion of oil billionaire (and alternative energy convert) Pickens will make for an interesting day. Tune in tomorrow (Tuesday, July 22nd 9:30 AM) and then share your thoughts here at www.boomermarketadvisor.com.

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