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| 11/22 |
| 2006/2/1-3 [Science/GlobalWarming, Politics/Domestic/President/Bush] UID:41642 Activity:nil |
2/1 http://news.yahoo.com/s/ap/20060201/ap_on_go_pr_wh/bush_competitiveness With 2/3 dollar going to companies that do research, I will ask again. What are some research stocks that would rise as a result of Bush's new initiatives? Again, I don't give a damn about good/bad Bush's policies, I just care about how this affects me as an investor. Thanks. \_ buy XOM, BP, CVX. The oil companies will all have to figure out how to make money if petroleum consumption decreases. \_ If you want to make money keep holding the oil companies. As supplies dwindle, profits will go through the roof. A much better investment than alternate energy research. Try: SU, CNQ. \_ CVX and COP are still very cheap. Other oil stocks I own like PBR, SU, OXY have appreciated a lot already, but may be buys on dips. SU is alternative fuel (canadian oil sands). PBR is brazilian company with expertise on deep sea drilling, and has been aggressively and successfully adding to its reserves, but it is a little overpriced currently. DESC is an alternative energy stock. I rode it from 3 to 7 in like 3 months by pure luck, and it is now 10 plus. The game may be a little late now, but who knows. |
| 11/22 |
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| news.yahoo.com/s/ap/20060201/ap_on_go_pr_wh/bush_competitiveness President Bush said Wednesday he wants to strengthen math and science education and prime research budgets at federal labs, but two of three dollars in his new multibillion initiative to keep America competitive would fund business tax breaks. My attitude is that it's competitive, let's get in the position where we can out-compete the rest of the world, and the most important place is going to be to make sure our kids have got the skills to fill the jobs in the 21st century. If our kids don't have those skills, those jobs will go somewhere else." All of Bush's past budget submissions have included a proposal to make this tax credit permanent. "Strengthening and making permanent our own R&D credit, which Congress again allowed to expire at the end of December would give business decision makers the certainty they need to make the investments that are so important to America's economic future." In addition to the money for the tax credit, Bush wants to double over 10 years the investment in agencies that support basic research in the physical sciences and engineering, a $50 billion commitment. Commerce Department's National Institute of Standards and Technology and 2,600 new researchers at facilities operated or assisted by the Energy Department. Another key component of Bush's competitiveness initiative proposes spending $380 million in fiscal 2007 to provide more rigorous math and science instruction in high schools and $910 million to bolster basic research in engineering and the physical sciences, including physics and chemistry, at government laboratories. The president's education proposal, which will be detailed in his upcoming budget request, calls for giving 70,000 teachers over five years the extra training they need to be able to teach advanced-placement math and science classes in high schools. Currently, there are an estimated 33,664 advanced-placement teachers in science and math, according to the College Board, a nonprofit association based in Washington Bush also wants to spend part of the $380 million to urge up to 30,000 math and science professionals over eight years to become adjunct high school teachers. Details of this plan were to be announced when the president submits his budget next week. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press. |