Showing posts with label Government. Show all posts
Showing posts with label Government. Show all posts
Wednesday, April 21, 2010
Conservative Talk Show Host Predicts Agent Provocateur False Flag
Conservative Talk Show Host Michael Savage predicts in the near future that the Federal Government will create a false flag or agent provocateur within the Tea Party Movement.
Labels:
Government,
President Obama,
Tea Party protesters,
Tea Party's
Sunday, March 14, 2010
IRS Visits Car Wash For Pursuit Of 4 Cents
It was every businessperson's nightmare.
Arriving at Harv's Metro Car Wash in midtown Wednesday afternoon were two dark-suited IRS agents demanding payment of delinquent taxes. "They were deadly serious, very aggressive, very condescending," says Harv's owner, Aaron Zeff.
The really odd part of this: The letter that was hand-delivered to Zeff's on-site manager showed the amount of money owed to the feds was ... 4 cents.
Inexplicably, penalties and taxes accruing on the debt – stemming from the 2006 tax year – were listed as $202.31, leaving Harv's with an obligation of $202.35.
Zeff, who also owns local parking lots and is the president of the Midtown Business Association, finds the situation a bit comical.
"It's hilarious," he says, "that two people hopped in a car and came down here for just 4 cents. I think (the IRS) may have a problem with priorities."
Now he's trying to figure out how penalties and interest could climb so high on such a small debt. He says he's never been told he owes any taxes or that he's ever incurred any late-payment penalties in the four years he's owned Harv's.
In fact, he provided us with an Oct. 22, 2009, letter from the IRS that states Harv's "has filed all required returns and addressed any balances due."
IRS spokesman Jesse Weller isn't commenting "due to privacy and disclosure laws."
Zeff says he's as offended as much as anything else by what he considers rude behavior by the IRS guys. While at Harv's, he sniffs, "they didn't even get a car wash."
By Bob Shallit of SacBee
Arriving at Harv's Metro Car Wash in midtown Wednesday afternoon were two dark-suited IRS agents demanding payment of delinquent taxes. "They were deadly serious, very aggressive, very condescending," says Harv's owner, Aaron Zeff.
The really odd part of this: The letter that was hand-delivered to Zeff's on-site manager showed the amount of money owed to the feds was ... 4 cents.
Inexplicably, penalties and taxes accruing on the debt – stemming from the 2006 tax year – were listed as $202.31, leaving Harv's with an obligation of $202.35.
Zeff, who also owns local parking lots and is the president of the Midtown Business Association, finds the situation a bit comical.
"It's hilarious," he says, "that two people hopped in a car and came down here for just 4 cents. I think (the IRS) may have a problem with priorities."
Now he's trying to figure out how penalties and interest could climb so high on such a small debt. He says he's never been told he owes any taxes or that he's ever incurred any late-payment penalties in the four years he's owned Harv's.
In fact, he provided us with an Oct. 22, 2009, letter from the IRS that states Harv's "has filed all required returns and addressed any balances due."
IRS spokesman Jesse Weller isn't commenting "due to privacy and disclosure laws."
Zeff says he's as offended as much as anything else by what he considers rude behavior by the IRS guys. While at Harv's, he sniffs, "they didn't even get a car wash."
By Bob Shallit of SacBee
Friday, March 12, 2010
Government workers thrive during economic recession
The recession and the ongoing jobless recovery devastated much of the private-sector work force last year, sending unemployment soaring, but government workers emerged essentially unscathed, according to data released Wednesday by the Labor Department.
Meanwhile, the compensation for state and local government employees continued to easily outdistance the wages and benefits for workers in private business, a separate Labor Department report showed.
Private-industry employers spent an average of $27.42 per hour worked for total employee compensation in December, while total compensation costs for state and local government workers averaged $39.60 per hour.
The average government wage and salary per hour of $26.11 was 35 percent higher than the average wage and salary of $19.41 per hour in the private sector. But the percentage difference in benefits was much higher. Benefits for state and local workers averaged $13.49 per hour, nearly 70 percent higher than the $8 per hour in benefits paid by private businesses.
Paul Booth, executive assistant to the president at the American Federation of State, County and Municipal Employees (AFSCME), attributed the pay difference to a changing government work force that has increased its proportion of higher-skilled workers during the past 15 to 20 years.
"In government payrolls, you no longer have low-wage occupations, such as janitors, whose jobs have been contracted out to the private sector," he said. This trend has effectively increased the average wage of those higher-skilled workers who remain, said Mr. Booth, whose union represents 1.6 million workers.
Compensation for government workers "is a gigantic problem" that will only get worse in future years, said Chris Edwards, director of tax policy studies at the Cato Institute, which advocates less government and lower taxes.
"The defined-benefit pension plans for state and local workers and their post-retirement health care costs do not include the extent to which those benefits are underfunded or overpromised," Mr. Edwards said.
Benefit costs eventually will soar, and taxpayers will be required to pay the difference between available resources and the overpromised benefits as government workers of the baby boom generation, who start to turn 65 next year, begin to retire en masse. Government workers also have the rare privilege of being able to retire at age 55.
With state budgets under extreme stress, the pension problem is worsening because workers are accruing future benefits that are not reflected in current data, Mr. Edwards said.
Meanwhile, private-sector workers who are unemployed or working part time are not paying as much in taxes.
Fifteen states and the District of Columbia reported double-digit unemployment during January, the Labor Department said Wednesday, as the private sector continued to shed jobs.
The recession reportedly ended in July, but the private work force suffered its biggest percentage decline in 2009 for any year since the end of World War II.
After shedding 3.8 million net jobs during 2008, private employers slashed an additional 4.7 million last year. During the same two-year period, the public sector, including the federal government, gained more than 100,000 jobs. The combined work forces of state and local governments added 35,000 jobs during the 2008-09 period.
While private-sector jobs declined in every state except North Dakota over the previous 12 months, public-sector employment increased in 23 states, the Labor Department report showed. Even in North Dakota, as the private work force gained 300 jobs over the past year, the government sector surged by 1,000 new workers.
In states where government employment declined during the previous 12 months, the drop has been relatively inconsequential, while the decline in private employment has been far more severe. In California, where the state government is still in the grips of a wrenching budget crisis, private employment has plunged 5.5 percent, nearly four times as fast as the 1.5 percent dip in government employment.
Mr. Booth of AFSCME acknowledges that total government payrolls are higher today than they were at the beginning of the recession. During the two years since the recession began, government workers took their economic medicine by accepting furloughs in lieu of layoffs, he said. Workers kept their jobs but received pay for two fewer days per month, he said.
He noted that government payrolls have been shrinking since April. State and local government work forces historically decline after a lag, he said. School district payrolls, for example, are based on property-tax revenues, which generally follow a two-year lag, he said.
Citing projections by Moody's Economy.com and Goldman Sachs, Mr. Booth said state and local government work forces could decline by as many as 900,000 workers during the next fiscal year, which begins July 1.
"Furloughs are likely to yield to RIFs," or reductions in force, he said.
Taxpayers in the private sector fortunate to have jobs were working more days and for less money to finance the vacation and holiday time of state and local workers, according to the compensation report.
For every hour worked in December, state and local government workers earned $2.99 in paid leave. Private-sector workers earned $1.86 per hour worked for paid leave, or nearly 40 percent less. Holiday pay for state and local workers was 50 percent higher per hour than it was for workers employed by private businesses.
The biggest difference in compensation was in payments for defined-benefit pension plans, in which employers (a private company or, in the case of government workers, the taxpayer) commit to paying their employees a specific benefit for life beginning at retirement.
State and local workers received an average of $2.86 for each hour worked for their defined-benefit pensions. That compares with 38 cents per hour paid for defined-benefit plans for private workers, the vast majority of whom now participate in defined-contribution pension plans.
"Many companies have eliminated their defined-benefit plans, and others have reduced the value of benefits and shifted to providing benefits through 401(k)s and other defined-contribution plans," notes the AFL-CIO Web site. "Defined-contribution plans shift the risk and responsibility to individual workers and typically reduce corporate costs."
In the cases of state and local government workers, the pension costs are principally borne by the taxpayer. The trillions of dollars of underfunded pension liabilities are augmented by increasingly expensive and underfunded health care costs in retirement before and after government workers become eligible for Medicare at age 65, Mr. Edwards of Cato said.
Meanwhile, the compensation for state and local government employees continued to easily outdistance the wages and benefits for workers in private business, a separate Labor Department report showed.
Private-industry employers spent an average of $27.42 per hour worked for total employee compensation in December, while total compensation costs for state and local government workers averaged $39.60 per hour.
The average government wage and salary per hour of $26.11 was 35 percent higher than the average wage and salary of $19.41 per hour in the private sector. But the percentage difference in benefits was much higher. Benefits for state and local workers averaged $13.49 per hour, nearly 70 percent higher than the $8 per hour in benefits paid by private businesses.
Paul Booth, executive assistant to the president at the American Federation of State, County and Municipal Employees (AFSCME), attributed the pay difference to a changing government work force that has increased its proportion of higher-skilled workers during the past 15 to 20 years.
"In government payrolls, you no longer have low-wage occupations, such as janitors, whose jobs have been contracted out to the private sector," he said. This trend has effectively increased the average wage of those higher-skilled workers who remain, said Mr. Booth, whose union represents 1.6 million workers.
Compensation for government workers "is a gigantic problem" that will only get worse in future years, said Chris Edwards, director of tax policy studies at the Cato Institute, which advocates less government and lower taxes.
"The defined-benefit pension plans for state and local workers and their post-retirement health care costs do not include the extent to which those benefits are underfunded or overpromised," Mr. Edwards said.
Benefit costs eventually will soar, and taxpayers will be required to pay the difference between available resources and the overpromised benefits as government workers of the baby boom generation, who start to turn 65 next year, begin to retire en masse. Government workers also have the rare privilege of being able to retire at age 55.
With state budgets under extreme stress, the pension problem is worsening because workers are accruing future benefits that are not reflected in current data, Mr. Edwards said.
Meanwhile, private-sector workers who are unemployed or working part time are not paying as much in taxes.
Fifteen states and the District of Columbia reported double-digit unemployment during January, the Labor Department said Wednesday, as the private sector continued to shed jobs.
The recession reportedly ended in July, but the private work force suffered its biggest percentage decline in 2009 for any year since the end of World War II.
After shedding 3.8 million net jobs during 2008, private employers slashed an additional 4.7 million last year. During the same two-year period, the public sector, including the federal government, gained more than 100,000 jobs. The combined work forces of state and local governments added 35,000 jobs during the 2008-09 period.
While private-sector jobs declined in every state except North Dakota over the previous 12 months, public-sector employment increased in 23 states, the Labor Department report showed. Even in North Dakota, as the private work force gained 300 jobs over the past year, the government sector surged by 1,000 new workers.
In states where government employment declined during the previous 12 months, the drop has been relatively inconsequential, while the decline in private employment has been far more severe. In California, where the state government is still in the grips of a wrenching budget crisis, private employment has plunged 5.5 percent, nearly four times as fast as the 1.5 percent dip in government employment.
Mr. Booth of AFSCME acknowledges that total government payrolls are higher today than they were at the beginning of the recession. During the two years since the recession began, government workers took their economic medicine by accepting furloughs in lieu of layoffs, he said. Workers kept their jobs but received pay for two fewer days per month, he said.
He noted that government payrolls have been shrinking since April. State and local government work forces historically decline after a lag, he said. School district payrolls, for example, are based on property-tax revenues, which generally follow a two-year lag, he said.
Citing projections by Moody's Economy.com and Goldman Sachs, Mr. Booth said state and local government work forces could decline by as many as 900,000 workers during the next fiscal year, which begins July 1.
"Furloughs are likely to yield to RIFs," or reductions in force, he said.
Taxpayers in the private sector fortunate to have jobs were working more days and for less money to finance the vacation and holiday time of state and local workers, according to the compensation report.
For every hour worked in December, state and local government workers earned $2.99 in paid leave. Private-sector workers earned $1.86 per hour worked for paid leave, or nearly 40 percent less. Holiday pay for state and local workers was 50 percent higher per hour than it was for workers employed by private businesses.
The biggest difference in compensation was in payments for defined-benefit pension plans, in which employers (a private company or, in the case of government workers, the taxpayer) commit to paying their employees a specific benefit for life beginning at retirement.
State and local workers received an average of $2.86 for each hour worked for their defined-benefit pensions. That compares with 38 cents per hour paid for defined-benefit plans for private workers, the vast majority of whom now participate in defined-contribution pension plans.
"Many companies have eliminated their defined-benefit plans, and others have reduced the value of benefits and shifted to providing benefits through 401(k)s and other defined-contribution plans," notes the AFL-CIO Web site. "Defined-contribution plans shift the risk and responsibility to individual workers and typically reduce corporate costs."
In the cases of state and local government workers, the pension costs are principally borne by the taxpayer. The trillions of dollars of underfunded pension liabilities are augmented by increasingly expensive and underfunded health care costs in retirement before and after government workers become eligible for Medicare at age 65, Mr. Edwards of Cato said.
Tuesday, October 20, 2009
Washington Post "Pathetic Poll" and Public Option
The Pelosi/Reid Health Care Bill got a boost from a fraudulent poll by the Washington Post that says that 57% of Americans support the public option or government run Health Care. The Washington Post support the "Public Option" offered by the liberals in the Congress. The key part to any poll is how you asked the question. The question "Would you support or oppose having the government create a new health insurance plan to complete with private health care insurance plans? In this case the pollster uses a market friendly term "Compete" even though it is subject to debate weather or not that competition could be fair. Back in June the Washington Post did a another poll which actually had broader support for the government run plan 62%. But in that poll they asked the following question, "What if having the government create a new health insurance plan made many private health insurers go out of business because they could not compete? After asking that, support dropped to 37%. Overall, 45% of Americans favor the broad outlines of the proposals now moving in Congress while 48% are opposed, about the same division that is existed in august, at the height of the angry town hall meetings over health care reform. Seven in ten Democrats support the health care bill, nine and ten Republicans oppose the health care plan. Independents divided 52 percent against, 43 percent in favor of the legislation. Finally, as many people disapprove of Obama's handling of health care as approve 48% and 68 percent think health care will add to the deficit. The liberal media will use the Washington Post Poll to put pressure on the Blue Dog Democrats to support the public option. This poll was used to throw a monkey wrench into the secret negations between the White House and Congress.
Monday, September 21, 2009
The Same Government That Takes 655 Days To Process A Disability Claim Wants to Provide Health Care.
The United States Government can't process a Social Security Disability claim in a timely manner. What makes you think they can run our Health Care System. The disability backlogs dogs New York. It takes an average of 665 days to get a claim processes the Buffalo, New York Office-is one of the longest wait times among the countries 142 hearing offices. There are only a few that are slower than the Buffalo Area, Atlanta, Indianapolis offices are slower at 688 and 719 days, respectively. Processing takes 655 day is in Buffalo, which ranks the sixth slowest in the nation. The average wait time is 487 days. To try and shorten waiting time, the government is opening new offices and hiring judges. The average Claimant now waits two years, somewhat longer to get a hearing, "said Evan Zogoria a disability Attorney with Bingam Farms-based Provizer @ Phillips PC. "Our clients lose there homes, they are evicted from apartments, they lose there cars.
Friday, August 21, 2009
Beware Americans, Swine Flu Vaccine For Children
A warning that the deadly Swine flu jab is linked to a deadly nerve disease has been sent by the government to senior neurologist in a confidential letter. The letter from the Health Protection Agency, that official body that oversees public health, was leaked to the DailyMailonline last week, leading to demands to know why the information has not been given to the public before the vaccinations of millions of people, including children, begins. It tells neurologist that they must be alert for a increase in a brain disorder called Guillain-Barre Syndrome (GBS), which could be triggered by the vaccine. The letter sent to 600 neurologist on July 29, is the first sign that there is a concern at the highest levels that the vaccine could cause serious complications. It refers to the use a similar Swine Flu vaccine in the United States in 1976. 1. More people died from the vaccination than from swine flu. 2. 500 Cases of (GBS) were detected. 3. The vaccine may have increased the risk of contracting (GBS) by eight times. 4. The vaccine was withdrawn after just ten weeks when the link with GBS became clear. 5. The United States Government was forced to pay out millions of dollars to those affected. Concern has already been raised that the new vaccine has not been sufficiently tested and that the effects, especially on children. are unknown. It is being developed by Pharmaceutical companies and will be given to about 13 million people during the first wave of immunisation, expected in October. Top priority will be given everyone aged six months to 65 with a underlying health problem, pregnant women and health professionals. The British Neurological Surveillance Unit (BNSU), part of the British Association Of Neurologist has been asked to monitor closely any cases of (GBS) as the vaccine is rolled out. There are concern that there could be a repeat of what became known as the 1976 debacle in the United States, where the swine flu vaccine killed 25 people more than the virus itself. A mass vaccination was given the go-ahead by President Ford because scientist believed that the swine flu strain similar to the one responsible for the 1918-19 pandemic, which killed a half a million Americans, and 20 million people worldwide. Within days symptoms of GBS were reported among those who had be immunized and 25 people died from respiratory failure after serve paralysis. One in 80,000 came down with the condition. I contrast, just one person died of the swine flu. More than 40 million Americans had received the vaccine by the time the program was stopped after ten weeks. The United States Government paid out millions dollars in compensation to those affected. The are about one-third of the registered nurses in Great Britain who refuse to take the vaccine because of the known complications of GBS. The Federal Government is offering families a $40 gift card to use there children as guinea pigs for the new vaccine. Finally, this is shameful and could be one of the biggest scandals in American History.
Monday, July 20, 2009
Rationing Health Care Boards In America
The President is making the case that Nationalized Health Care of the type found in Europe is both cheaper and better than what we have in America. European countries such as England spend about 8% of there gross domestic product on health care while, covering every single resident. The eight percent of GDP figure is commonly cited and that is about half of what the United States spends. So How does England do it? The Wall Street Journal Reports this is the Board Of England founded 10 years ago as a body that would ensure that the government run National Health Care System used the best practices in medicine. But something different happened. What NICE has become is a rationing board. As Health Care costs have exploded in England as in most developed countries, NICE has become the heavy that reduces spending by limiting the treatments that 61 million citizens are allowed to receive through the National Health Services. The Journal article details a few examples of health care denied in England but most Americans get. There are real consequences: The "Concord Study" published in 2008 that the cancer survival rate in England are among the worst in Europe. Five-year survival rate among U.S. cancer patients are significantly higher than Europe : 84% vs. 73% for breast cancer, 92% vs. 57% for prostate cancer. While, there is more than one reason for this difference, surely one is medical innovation and the greater U.S. willingness to reimburse for it. One reason used by those who favor National Health Care is that sometimes insurance companies won't cover treatments people feel they should receive. A government rationing board, we will have in America if Obama's plans proceed it is likely to be more harsh.
Monday, March 16, 2009
NO MORE TAXES "TEA PARTY"
I am tired of paying taxes in this country for failed socialist policies. I am paying taxes for everything including my local tax for my dog license. The taxes in America is getting out control and the American people are getting extremely angry. I live in New York State and Gov. Patterson in his latest socialist budget put in over a hundred new taxes for the residents of the state. The Governor said he, had to raise these taxes because of the state deficit. The Governor should have cut government spending instead of raising taxes but he, is scared of the powerful unions that run New York State and the Democratic Party. I live in upstate New York and we have to pay for all the socialist left-wing policies that come out New York City. I am paying a 8% county sales tax that was imposed two years ago and they said the tax would be temporary but, no tax is temporary when it comes to the government. The federal government wants more money from me so, I can support the Socialist policies of President Obama. President Obama will let the Bush tax cuts expire so, all American taxes will go up in 2011 and he will impose new taxes on the so-called rich who make over $250,000 dollars a year. The President is playing a shell game with the American people because there is no way you can pay for Health Care and Global Warming programs without going to the heart of the middle class for the money needed to pay for these programs. The President will need to raise taxes on everyone making over $50,000 to pay for these programs and that might not be enough. This is why you are starting to see tea party's all across America because, the American people are tired of paying taxes for a incompetent government. The government has become so, powerful in America they believe that they don't have to answer to the American people anymore. This is why you had a beginning of a revolution on Glen Beck Show because most Americans feel that our government is out of control spending almost 12 trillion dollars in six months. President Obama is not trying to fix the problems in the economy they are spending our valuable time trying to socialize our government because of the economic crisis. This President is not using my taxpayer dollars wisely but, what do you expect from the local, state and federal government. I HAVE TO GO TO WORK, SO I CAN GIVE HALF OF MY CHECK TO THE GOVERNMENT
Wednesday, January 7, 2009
OBAMA "TRIlLLION DOLLAR DEFICITS"
President-Elect Obama is predicting Trillion dollar deficits because, of the Wall Street bailout and the Trillion Dollar Stimulus Package. Obama told the media that even if there was spending cuts that the deficit would reach the magical number of a trillion dollars in the near future. Obama said that "We are going to have to stop talking about budget reform". "We are going to have to totally embrace budget reform". The biggest problem that Obama has is managing the deficit is that the gap between revenues and spending and the swelling deficit, national debt and the amount the government borrowed to finance the debt. Obama has scheduled a news conference for today to make a personnel announcement related to budget reform and aides. Obama will incorporate some new provisions in his new American Recovery And Reinvestment Act to ensure the money is not wasted. There will be a special panel to monitor the use of the money so, it is not being wasted. There will be a website for taxpayers to monitor that the money is not be wasted by earmarks and political pet projects. Finally, Obama is predicting three million jobs but, there has to be some type of fiscal responsibility if this country economic system is going to survive. The trillion dollar stimulus package is a bad idea with the financial condition of America.
Labels:
deficits,
Government,
jobs,
president-elect Obama,
stimulus package
Monday, January 5, 2009
DEPRESSION 2009 "THE DOLLAR""
There are many Americans excited that there will be a new President sworn in on January 20,2009. The biggest problem that the Average America has to face other than large unemployment lines is the falling dollar. The are plenty of analyst in the business community saying that the dollar will make a comeback this year with a upswing in the economy. The same people that told you that the 700 billion dollar bailout would solve America financial problems. I want to know how can the dollar make a comeback when the federal reserve keep cutting the interest rates every month. Therefore, when you see this happen the value of the dollar will continue dropping on the open market. The best person to listen in the business media is Peter Schiff were he, is openly saying that you should not invest your hard earned money in the American dollar but exchange your money for European currencies. The United States Government is going the way of 1920's Germany because, the only thing we are doing is printing money because, there are countries the around who will in the near future who will not finance out nations debt. There are countries around the world like France saying that after this financial crisis that we need a one world currency. This is the destruction of America right in front of your eyes when you see the dollar crash in the markets. The biggest sign that will tell you that the dollar is worthless is when oil rich countries will refuse to take dollars as payment for oil. Furthermore, they will start asking to be paid in Euros and that will be the death nail to the American dollar. The Obama stimulus plan will dig into a deeper recession because, he believes that the government will solve the nations financial crisis and that is the same mistake President Carter made when he was elected President. The future Obama Administration feels that the government can solve the all the nation financial problems government program but, we should let the financial markets correct itself and flush out all the bad corporations and Wall Street firms. Finally, if you want the dollar to make a comeback encourage Americans to save there money and pay off all there financial debts. The American government should set up a 15 year plan to payoff all our countries financial debts to forgein countries like China who we owe three trillion dollars.
Labels:
Americans,
Depression 2009,
Dollar,
financial crisis,
Government,
markets,
president-elect Obama
Sunday, December 21, 2008
NEW YORK GOVERNOR "A IDIOT"
The Governor of New York David Patterson is a complete idiot when it comes to solving the problems of New York State budget shortfall of 15 Billion Dollars. The Governor presented his yearly budget six weeks earlier and it was full of cuts in programs and raising taxes. This clown decided to tax everything under the sun even when we are having a difficult recession. Governor Patterson never studied basic economics when he, was in college, because you don't raise taxes during a recession. I have to remember that I am a resident of New York State and this is one of the most Socialist States in the United States. Governor Patterson raised taxes on soda, shoes, car registration, hunting, liquor and a hundred other taxes that your human mind could not even think you when it comes to raising taxes. This clown refused to freeze Government workers salaries because, the SEIU union would have burned down the State capital if he, would have made a responsible budget decision to save billions of Dollars for the taxpayers. The Unions run New York State and if you want to make large cuts in government jobs don't expect to get re-elected in New york State for any job if you are a Democrat. This Clown did raise Welfare and Medicaid benefits for people who are not working but their is no benefits for people who are paying the bulk of taxes in New York State. Governor Patterson cut the STAR Program for homeowners who pay excessive taxes on there homes. This has made residents of New York extremely angry because if you have a income in a certain range in New York State you will receive nothing from New York State but a higher Tax Bill. Finally, Governor Patterson has to understand that socialism has failed all around the world so, why is New York State continuing to run a system that takes from people who are successful and redistributes the rest of the income to people who could careless about working.
Thursday, December 18, 2008
"A NEW AMERICAN REVOLUTION"
The way things are going in America today we may need a new American Revolution. The way are Federal government is run by the President and the Congress is unacceptable to most Americans. This Federal Government is bailing out some of the most "Notorious" Wall Street Firms in the history of American. These bailouts that the Federal Government is giving out to these Wall Street Firms without any consequences for there actions in destroying the American economy. There have been no arrests at Lehman Brothers, Merrill Lynch and many other Wall Street Firms that have misused stockholders and investors money. The Federal Government has no control over there wild spending spree over the last six months and they are destroying are children's future. I wake up every mourning and hear that our new President-Elect Obama is going to spend a Trillion Dollars on a stimulus package similar to the New Deal. This could be a disaster because, anyone who knows history knows that the New Deal did not get us out of the Depression it was World War Two. I have a Governor in New York State who believes that you should tax everything that is humanly feasible for example this clown wants to tax you for buying shoes, soda, and any thing "Clown Ass" thing you can think of in your mind. This is unacceptable because, the average American is getting shafted from every angle they are losing there jobs and getting higher tax bills. The Federal and State Governments have to shrink there budgets to fit the harsh times that we are living in today. The Federal Government should not be a ATM Machine for every problem that a Bank or a Wall Street firm is having because of bad management. These firms should be allowed to fail just like any other small business in America. This Bailout money should be going to Small businesses because, they create most of the jobs in America today. Finally, if the Federal and State Governments don't get there act together there will be another American revolution and you will not see Americans with pitchforks they will have guns and they will truly want change.
Saturday, December 6, 2008
OBAMA-BUSH WE ARE 50 TRILLION DOLLARS IN DEBT
The American people need to be told the truth that we are "50 Trillion Dollars" in debt. This should be told to every American so, we can address this serious problem that is affecting our economy. The American people are only told about the Budget Deficit which is about 475 Billion Dollars but, the true nature of our countries financial problems are not explained to the American people. The true debt of or Federal Government in outstanding loans that we, have around the world from borrowing money for the War and our Annual Federal Budget. The countries that hold our outstanding loans are China, South Korea, Japan and yes Saudi Arabia the Oil Giant. This is why we don't have any influence over oil prices because, we owe these countries Trillions of Dollars. The incoming Obama Administration needs to tell the Truth to the American people and create a 20 year budget plan for this country that will make our federal government solvent. This would be the most important plan to wipe out our Federal Deficit in the last 100 years of American History. If President-Elect Obama addressed this issue and solved this problem he, would go down as one of the greatest Presidents in American History. This 50 Trillion Problem has to be addressed because it will always be, a underlying problem in the American economy. President-Elect Obama can dismiss this problem and create programs that will create government jobs but, the foundation of our economy will still be on "Life Support". Finally, if you address this 50 Trillion Dollars Debt issue this will help our economy come back to full strength because, the markets will finally no that the government is solving there own financial problems. Therefore, when you rebuild a house you need a strong foundation and when you finish the rest of the house it will stand on it's own. Our economy needs to 20 year plan to build that foundation and we, need President-Elect Obama present his plan to America as soon a he, is sworn into Office.
Labels:
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Bush,
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economy,
Government,
obama
Friday, December 5, 2008
BUY AMERICAN "THIS CHRISTMAS SEASON"
This Christmas season try and buy American. I know that it is extremely difficult to find products that are made in America but, is is essential that we support American workers through these difficult times in the American economy. I am so, tired of taking a product off the self and finding that it was made in China. The United States Government "Sold Out" the Average American worker in the late 80's early 90's to the large American Corporations who wanted to move there manufacturing base to China. These free trade deals help destroy the American Manufacturing base in states like Ohio, South Carolina and Pennsylvania. I believe in free trade but, can we get a deal that is beneficial to the average American worker so, that they can have some job stability for the next ten years. The same companies who are standing in front of Congress today asking for a bailout are some of the same companies who supported the Free trade deal to China so, the they can get cheap labor. This is why I have no sympathy for any of these companies because, they had no regard for the average American worker and there families. The only time that these companies show economic patriotism is when they are standing in front of Congress asking for another bailout. Therefore, these large Corporations, did not care about the average American worker when they were making profits. Finally, we have to pull together to help each other through these struggling times and if you find a product that is made in America buy that product because, you might be saving a "Average American" worker there job.
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