The Obama administration is dealing with a tricky issue. It involves the FBI and their ability to snoop on someone’s internet traffic and their e-mail accounts. The practice is covered by the Electronic Communications Privacy Act that is up for modification. The FBI says they need the expanded powers to keep Americans safe.

Many in private circles and many government officials are worried that the FBI may abuse their ability to snoop. Invasion of privacy has always been a concern for many Americans. Hearings are being held on the subject and I hope the two sides can find a balance.

The economic news across the nation has not been so good over the last year or two. The good news is that there are some bright spots in certain areas. One company that has surprised everyone is Ford Motor Co. the company actually posted a profit in the second quarter this year. Sales are up for now, but it is uncertain how long this will last.

The company says that while they will continue to be profitable, profits may dip as costs are rising. Ford is slowly paying off its debt and lowering its interest payments. For now, customers continue to come through the doors and we all hope the good news will last.

While most people believe that the giant oil company BP has finally put an end to its troubles by capping the well, others are not so sure. Investors in the company worry that the pipe is seeping oil into the bedrock and that the problem is not over. The pressure of the pipe is being monitored, but is still not at the levels desired. Trading on Wall Street reflects these worries.

Stocks are down lately and speculation is running ramped on the company’s future. For now, the oil is stopped but authorities may force the company to reopen the well in order to prevent the larger problem of seepage. For now, all fingers are crossed that the disaster is over and the cleanup can begin.

With the oil in the gulf still spewing, the CEO of BP has decided to take some time off to attend a yacht race in England. There are many Americans who are really unhappy with this decision and they are letting the CEO know how they feel. The internet is full of people who are posting their opinions online about the matter.

The race he is attending is being held near the Isle of Wight. The course is around 50 nautical miles long and attracts wealthy yacht owners from all over the world. The CEO has entered his own boat named “Bob” and is watching with interest in the outcome. I wish he was as interested in the outcome of the oil from the gulf!