More Insight

Tuesday, May 20, 2008

I Believe I Can Fly

R. Kelly has come out of the closet to appear in court
'After six years of delays and millions of dollars in costs, prosecutors finally had the chance to lay out their case against the R&B singer R Kelly today, in the most high-profile trial to be staged in Chicago for decades.
The singer, 41, is charged with 14 counts of child pornography, and faces up to 15 years in jail.'

Although, I wonder if the Chicago Sun-Times will be indicted too for handling the 26-minute sex tape featuring a 13 year-old girl now that the Supreme Court voted 7-2 that pandering – 'the act of offering to sell or trade – child pornography was a federal offense.'

But who knows, R.Kelly could've just been 'showing grandchildren dressed in pajamas' or 'legitimate educational, scientific or artistic depictions of youthful sex.'

On a related note, I Believe I Can't Fly because oil prices are jacking up not just gas prices, but also airfare, leading to more airlines going broke recently.
In the US, concern about inflation escalated when it emerged that producer prices, excluding food and fuel, rose at the fastest rate in 17 years, sending the Dow Jones industrial average plunging by 180.7 points to 12,847.5.

And it's no surprise with oil prices rising to $129 a barrel today, and expecting to reach $150 by the year's end. In fact, today the House of Representatives approved 324-84 a bill involving suing OPEC countries like Saudi Arabia, Iran and Venezuela over oil pricing.
'This bill guarantees that oil prices will reflect supply and demand economic rules, instead of wildly speculative and perhaps illegal activities," said Democratic Rep. Steve Kagen of Wisconsin, who sponsored the legislation.'

But even if it passes the Senate, and Bush signs it (which he says he won't; it's just easier to beg the Saudis anyway), who wants to talk to Iran and Venezuela anyway? That's like giving Hilter a free pass!

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