TGIF! John McCain’s Gonna Make It Rain!

Yesterday Bruce Lunsford released his eight-point energy plan, which we told you about here. But he also said that Mitch McConnell thinks Kentucky voters are stupid– which is probably true. And then Mitch’s crew wet their pants and had to respond. [Mark Hebert]

Governor Steve Beshear went on another one of his fancy town hall meetings in Winchester. Ryan Alessi was there and has the skinny on what went down. Sales tax holidays, light rail in central Kentucky (HAHA) and more. [H-L]

Remember Jon Draud? The new education commissioner who spent a hundred million dollars of state money on a fancy car so he would feel safe or whatever? It’s now for sale on eBay! And Draud told Kentucky Public Radio that he plans to buy the $31,000 car himself. And we thought he needed all those vacation days and perks because he was in the poor house. [Pat Crowley]

What did senile John McCain do while Barack Obama was busy living it up with a fancy speech in Germany? Why, he went to a German restaurant in Columbus, Ohio to complain about Obama’s trip. How embarrassing is that? [The Page]

Greg Stumbo told reporters that Democratic House leadership under Jody Richards failed to help Steve Beshear enough. Oh snap, it’s on. Jody Richards denied everything. And then Greg started talking about running for a leadership spot. Who wants to take bets that Larry Clark is crying on the phone to Steve Henry as we speak (type)? [C-J]

Almost Friday. You’re All Taking Long Weekends.

Rocky Adkins says he won’t be joining the Beshear Administration to work for an energy cabinet. [PolWatchers]

The Democratic coordinated campaign is holding an open house this Friday the 25th @ 5:00 P.M. at 2230 Dundee Road in Louisville. That’s just a couple blocks from Mitch McConnell. This should be interesting. [Press Release]

Like Hebert says, Mitch will be at Fancy Farm this year. Should be pretty interesting, right? [Mark Hebert]

Secretary of State Trey Grayson, the dude who pays us millions of dollars in a secret pact for us to help get him elected leader of the free world, is expected to be nominated to serve as president of the National Association of Secretaries of State during that organization’s gathering this weekend. [Politicker]

Louisville’s arena financing plan has fallen apart and Jim Host is left holding the pieces of his crumbled plan. This is bad news for the city of Louisville and the surrounding metro area. Especially after spending millions and millions of dollars to demolish buildings on the site for the planned new arena. [The ‘Ville Voice]

Bruce Lunsford Unveils 8-Point Energy Plan

Democratic Senate candidate Bruce Lunsford held a press conference this afternoon to unveil his eight-point energy independence plan. Lunsford says the plan will provide both short-term relief and long-term solutions.

Here’s Lunsford’s plan from his press release. Let’s discuss.

Opening Up the Strategic Reserve. The Lunsford Plan would take a two-fold approach to the Strategic Petroleum Reserve. It would continue the moratorium on putting new oil into the Reserve, as well as releasing barrels from the Reserve into the marketplace to lower gas prices. This could put up to 50 million barrels of oil back into supply, which would have an impact on prices. In the past, America has tapped the SPR which resulted in a dramatic decrease in price. [Energy Information Administration; New York Times, 9/23/00; Center For American Progress, “Sell Oil From The Strategic Petroleum Reserve To Lower Prices,” 6/13/08]

Fully Closing The “Enron Loophole.” The “Enron loophole” allows hedge funds, investment banks, and other Wall Street speculators to secretly buy and sell oil contracts. It is named after Enron, the notorious energy trading company, which pushed for a provision that kept energy trading off of regulated exchanges, evading speculation limits and accountability. Experts, including oil executives and economists, say that speculation trading has potentially increased oil prices by as much $40 per barrel, or $1 per gallon of gas. The Lunsford Plan would fully clamp down on Wall Street traders who are driving up oil prices in search of paper profits and bring more accountability to energy trading. [Congressional Quarterly Weekly, 4/12/08; Business Week Online, 5/14/08; Detroit Free Press, 10/31/07; Dr. Mark Cooper, Testimony Before Senate Commerce, Science, And Transportation Committee, 6/3/08]

Read the rest after the jump…

Read moreBruce Lunsford Unveils 8-Point Energy Plan

Yarmuth Calls on House to Assist Poor Kentuckians

Rep. John Yarmuth (D-10 Points Ahead) pressured the United States Congress to fully fund the Low Income Home Energy Assistance Program (LIHEAP). The program would provide assistance to more than 192,000 poor Kentuckians who need aid.

Check it out:

Or read the transcript after the jump…

Read moreYarmuth Calls on House to Assist Poor Kentuckians

Oh Snap Monday! How Was Your Weekend?

Does Jim Bunning already have a challenger for the upcoming U.S. Senate race in 2010? [Roll Call]

You like crazy? You like trying to figure out what crazy is trying to say? Crazy once accused us of being apologists for the Kentucky Democratic Party. Crazy now accuses us of having anger and self-esteem issues. OMG. Can’t breathe. Hilarity. All we asked him to do was elaborate on a rant, provide some facts and such. Goodness. [Hilarity]

More detail on Steve Beshear’s visit to Virgie in Pike County last week. Way more detail. [News-Express]

We’re not apologizing for the governor here, but, has anyone bothered to do the math to find out what it would have cost to reimburse all the cabinet members who made the 400 mile roundtrip to Pike County for fuel and such? That’s on top of the lost hours of work time needed to make the trip. Is it possible that it’s more efficient to use three planes than to use a dozen cars? We’re honestly wondering. [H-L]

It’s tons of fun watching Mitch McConnell’s campaign spin in the mud as they try to refute everything from every direction. [McConnell’s Website]

Charlie Cook has changed his rating of the Kentucky U.S. Senate race from “solid Republican” to “likely Republican.” Thanks to campaign finance and all that jazz. So now the entire country thinks this is a real race, not just us yokels in Kentucky. [C-J]

Tom Eblen takes a great walk down memory lane in his story about the closing of Dawahare’s. It’s something nearly every single one of us can appreciate. [H-L]

$350,000 in affordable-housing grant money in Louisville has been taken back by the federal government because it wasn’t put to use. It could have been used to help the homeless, mentally ill and everything else under the sun. The mayor’s office says it’s not unusual for money to be reclaimed. Housing and Urban Development folks say it is unusual. [C-J]

Friday Friday Friday Week Is Over Yay

Fayette County Democrats selected Kathy Stein to run as Ernesto Scorsone’s replacement in the senate. Shocking, right? Also, Repubs say they’re working to field a candidate to face Stein. [PolWatchers]

God. Larry Craig is gayer than me. Way gayer. Jerk us around by the gas nozzle? I may throw up. [Barefoot & Progressive]

Holy Crap. Via Hebert, we learn that 400 people showed up to Steve Beshear’s Town Hall meeting in Pike County last night. 400! [Hebert, H-L]

Remember when John Yarmuth scored millions for a new VA hospital in Louisville? Mitch McConnell just did the same thing. Why isn’t Anne Northup yelling about these earmarks? Also, who said Yarmuth wasn’t a good representative? What was that about him not being bi-partisan? He praised McConnell, saying, “I thank the Senator for working with me to make sure that the veterans in our community get the care and treatment they deserve.” [C-J & Press Release]

We’re all going to hell in a handbasket! We’re all gonna die of the poverty! Seriously. [What’s Required]