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	<title>Comments on: MDU Resources: The best utility of them all?</title>
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		<title>By: Pat Ziegler</title>
		<link>http://www.todaysfinancialnews.com/oil-and-energy/mdu-resources-the-best-utility-of-them-all-8632.html#comment-3560</link>
		<dc:creator>Pat Ziegler</dc:creator>
		<pubDate>Wed, 06 May 2009 10:13:09 +0000</pubDate>
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		<description>It&#039;s President Obama!

The problem with being fiscal conservatives is that these nuts bankrupted our Treasury with their lies about tax cuts. There is no such thing as a tax cut. There is only debt created by unpaid taxes (debt).

Before the Reagan tax cut we had less than $1 trillion of debt. Today, over $11 trillion. If being fiscally conservative was good, we&#039;d have surpluses, not debt.

So, let&#039;s stop with the political attacks and lies needed to justify the failures of conservatism ok?

MDU&#039;s stock has been gutted by the bad economy and IF the economy turns around its stock will go back to where it was before the collapse but not for a very long time.  

MUD invested  a lot of money in companies that have nothing to do with natural gas and even though we&#039;ve had record heating costs, it still lost money during the last two quarters. If it can&#039;t make money with record demand and record prices, when can it make money?

The problem is MDU has spent so much money buying construction related companies, so that when that industry collapsed, so did its stock value. 

Now MDU depends on another government bailout. 

With investors losing so much money because of bad decision made by MDU&#039;s board, one has to wonder what this author was thinking when he wrote this piece of tripe.

Had its stock gone up...now that would be something to crow about.

Instead, the author crows about the failure of MDU to preform for its investors.  

I want profits, not political tripe.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->It&#8217;s President Obama!</p>
<p>The problem with being fiscal conservatives is that these nuts bankrupted our Treasury with their lies about tax cuts. There is no such thing as a tax cut. There is only debt created by unpaid taxes (debt).</p>
<p>Before the Reagan tax cut we had less than $1 trillion of debt. Today, over $11 trillion. If being fiscally conservative was good, we&#8217;d have surpluses, not debt.</p>
<p>So, let&#8217;s stop with the political attacks and lies needed to justify the failures of conservatism ok?</p>
<p>MDU&#8217;s stock has been gutted by the bad economy and IF the economy turns around its stock will go back to where it was before the collapse but not for a very long time.  </p>
<p>MUD invested  a lot of money in companies that have nothing to do with natural gas and even though we&#8217;ve had record heating costs, it still lost money during the last two quarters. If it can&#8217;t make money with record demand and record prices, when can it make money?</p>
<p>The problem is MDU has spent so much money buying construction related companies, so that when that industry collapsed, so did its stock value. </p>
<p>Now MDU depends on another government bailout. </p>
<p>With investors losing so much money because of bad decision made by MDU&#8217;s board, one has to wonder what this author was thinking when he wrote this piece of tripe.</p>
<p>Had its stock gone up&#8230;now that would be something to crow about.</p>
<p>Instead, the author crows about the failure of MDU to preform for its investors.  </p>
<p>I want profits, not political tripe.<!-- google_ad_section_end --></p>
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