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Showing posts with the label government

Oil Emergency

Dems are suggesting emergency inspections of all 'enviro-hazard' possibility oil rigs. And they want the oil company to pay for the inspection. A Senator from Louisiana wants 40% of oil revenue from the government to go to the gulf for clean up efforts. The US needs to be very careful how it handles this. We all want the mess cleared up, and engineers on both the government and private industry side have been working since April 20th to solve this crisis, that said we must not use fear-legislation to void ourselves of oil production. Can you imagine the sheer cost of oil with a failing Euro and if private industry decided that 'working for the US was simply not worth it'. Do you believe China or Russia would offer the same regulation? How about waters off of Cuba? This needs to be extremely well thought out, something Congress does not do well.

FED Chairman encourages grads to just get by..

Why be exceptional when you can be average. I mean there is far less risk when you lower the bar enough to step over it. That is essentially what Fed Chairman Bernake told students the other day. "Don't go for the Gold" in his words, maybe that is because he is printing dollars and hasn't used the Gold standard since 1971. Or perhaps because 1oz of Gold is worth one-thousand two-hundred and twenty-two of his paper Monopoly money. Who knows why he'd make a remark like that, maybe he was thinking of the decisions he has made in life. Leaving the Prof world for the finance world, stepping over his knowledge base for the salary it entailed and assumed 'power'. Fact is, you don't usually here financial icons telling people to settle for happiness over wealth UNTIL they have achieved their wealth, then they immediately know all. Just a tad hypocritical, but hey this is America. I keep thinking of the terms from the Constitution; 'promote the general Welf...

It's Tax Time

Good old April 15th, the day the US Government officially lays pipe on its citizens. It is amazing to me to know that nearly 47% of the populous will pay no taxes what so ever and actually have the possibility of getting money back, even though they put nothing in. Think about that, you pay nothing and get a return sounds like a Ponzi scheme, well it is but it is done to "those other people". Every year around this time people start clamoring about taxes, how they owe money or how they pay too much, well where are these people the other 364 days of the year when legislatures are creating these 'bills'? It seems every time there is an election they completely forget how pissed they were about taxes and start putting on their Donkey or Elephant garb. How about next time around we don't get bogged down in the bullshit and realize what really hits home the most, taxes. Nothing else. Health care is a huge issue, sure, as is the epic failure of Americas first true socia...

What’s wrong with America in 2010, start with 1940?

What’s wrong with America in 2010, start with 1940? America, the once spectacular land of the free and home of the brave, finds herself in a predicament. In an effort to make every citizens “pursuit of happiness” a reality, she lost her way. Generations Ago America in the last twenty years, starting roughly around the late 80’s, decided times were simply too tough. Coming out of the 1970s with revolutions around the world, embargos, oil shortages, domestic issues, wars and general global conflict America entered the 1980’s hoping for something better, that wasn’t to happen quickly. Entering the eighties America found herself in dire need of drive and revenue. The seventies brought social programs at home and wars beyond our borders. America was brought down a notch globally when a couple of college kids helped by a few hundred radicals took over an American embassy, something that had been unthinkable in the past. And the following failed rescue attempts and hostage holdouts with a l...

Megan McCain's comments about Tea Parties

This is truly a girl who knows nothing about what the Tea Parties are about. She is an embarrassment to her generation and youth around the world with her political commentary. She shouldn't assume that because her father is a career politician that she somehow knows more than others when it comes to politics. She also seems to view herself as 'elite' in her knowledge. If she ever had an independent thought, I'd be shocked. I would like to ask Megan if she has ever actually attended a Tea Party event or talked to people who have. She'd come to find that a large percentage of those involved are 30 or younger, not 60 and older as she pretends to claim. It is really sad to see individuals used as pawns like this. A wise person once told me; new generations must repeat the mistakes of the old because no matter how clearly you are taught, people thrive on personal experience and personal loss. This is apparently true for my generation and the following. I remember my da...

"I'll meet the GOP halfway on healthcare" - Obama

Mr. President, it is not the GOP that is your problem. You have had a supermajority for over a year in congress. Your problem, sir, is your own party. Your internal split between Democrats and Progressives that ride along the Democratic ticket. You have had the votes needed to pass anything you want, and still it hasn't passed. Why is that? Republicans could simply have not shown up to anything this year and you would still have had enough votes. Please stop pretending and posturing for the public that it is the Republicans that are giving you such trouble, it isn't. Your own party does not follow your words and why? Because Progressives (those who want entire governmental control) are bashing their heads with Democrats. The media, for the most part, refuses to acknowledge that your problem, sir, is your own party. It isn't Republicans or "Tea Party" rallies, it isn't Southerners or Corporate tycoons, it is your own party sir. The first step to solving any pr...

Unemployment taxes go up for business

Link Wonderful, at a time when everyone is struggling and we're attempting to grow jobs the wonderful government does what, raises taxes on businesses. Again this social welfare state takes over making it nearly impossible to get out of anything without government involvement. Once again we will make someone else flip the bill for others because the government is the king of all mismanagement of funds. The government is acting like a meth addict who keeps saying 'just give me a little more and it will be alright' well, as with the meth addict, it will not be alright. You can not continue to tax, tax, tax your way out of problems. That is exactly what caused the American Revolution from England in 1776. A state can not and should not go down the road of feeling as though it can 'at will' tax companies because 'they aren't citizens'. They are OWNED by citizens, they are managed by CITIZENS and they are in fact..CITIZENS. The same group that will raise une...

Societies Dregs

As a nation the US now seems hell bent on supporting the lowest common denominator. Individuals who, without personal discretion, spent more than they had, lived a very socialist lifestyle sucking off the tit of others and now the government using the tax dollars of responsible individuals to pay for it. The vast majority of income tax is paid by the top 5% earners in the US, 94% of all income tax is paid by the top 50%. How about we STOP scrapping the bottom of the barrel and lowering the bar of success to allow failure to be rewarded. Individual bankruptcy was up 34% last month. So with all this stimulus, where are those individuals "bailouts"? I guess they can make up part of our 10% unemployment now. It truly amazes me how people can have a high approval rating of this administration when they have assisted in double digit unemployment and a 13.5+% deficit spending (it was 4% when Bush left office, so you can't blame them..sorry). I can only imagine what this place wi...

Tea parties and what they are really representing

All this tea party jazz has liberals and the like that thought they owned marches, rallies, blogs, forums, YouTube and the like in a tizzy. They just can't believe that people would come out for causes other than; race relations, the environment or human rights. The concept that an event could happen that they haven't sanctioned is just mind numbing. On to the tea parties. I've followed a couple of liberal blogs and news reports essentially dissing anyone of the thousands involved in the tea parties as "useless", "unimportant" or "disrespecting history". Excuse me, ah what? Reminds me of the George Carlin statement: My Stuff: Have you ever noticed that your shit is stuff and someone else's stuff is shit? The idea that you can't use the term "tea party" without degrading its historical value is wrong. Historically it was used to represent taxation without representation. That is what we currently have when the majority of peopl...