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:
50 Trillion,
Bush,
Debt,
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.
Thursday, December 4, 2008
BAILOUT THE AVERAGE AMERICAN "PART TWO"
This week "Bailout Madness" is back in full strength with the Big Three back Washington for another Government Handout. "The Big Three" are saying that they need the money to restructure and downsize there corporations for the next 25 years. The are actually coming to Washington and telling Congress if you give me this money we will layoff thousands of "Middle Class Workers" with taxpayers Dollars. This proposition is ridiculous and I don't think the average American should be paying a company to layoff workers when they can do the same thing by going through banruptcy. I would like to know as a "Average American" how are all these Bailouts affecting my life when I see Americans workers getting "Pink Slips" everyday. This Government bailout is a re-payment to all the campaign contributions that these corrupt companies have given over the last 25 years. The Government constantly, tells the American people if you don't bailout these companies that there will be a great depression and that gives the Government a excuse to give out these Bailouts to failing corporations with more government money. I don't believe President Bush President-Elect Obama or Congress because, these are the same people who supposed to have oversight over these "Corrupt ASS BUSINESSES". I am still waiting for the Average American to get some bebt relief from the Federal Government. The average American has suffered through job losses an financial losses because, of the actions of these corrupt companies. Therefore, is there any Bill before Congress that will help the Average American get out of financial debt because, of these hard times. There is no Bill because you did not give a large enough political contribution to the Democratic Party or the Republican Party. There are people in America that are hurting during This Holiday season and the Government money could have been better spent giving 10,000 to every working American. This money could have been recirculated back into the american economy and helped major and small reatilers get past these tuff times. Finally, you will never see this happen because there are to many political contributors who love to see the average american on the hook for credit card debt and other debt that make banks and credit card compannies a lot of money because of there high interest rates. If the average american waitng for a bailout you will be waiting until the next century. Hey! they might send you a $600 check.
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