Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Friday, January 23, 2009

What Obama Believes

Now I have read just about everything. Obama seems to think that China is manipulating their money. Hmm. You think?!

This has been an issue since the Clinton Administration. President Bush did nothing to try and stop this madness and other nations that deal with China economically have done little if anything to address this issue with China.

Now Obama is going to do something about it? Didn't Obama praise the Red State during the campaign? Didn't Obama lavish praise on this nation for its really great infrastructure?

Obama loved their modern ports. He loved their new damn projects. He loved their new road systems. He loved how they were building high rise tower after high rise tower and all the underground pipes and electrical that go along with those towers.

He was beside himself because he thought the the US ports were inferior to those of China. He railed about our crumbling roads as compared to the new and gleaming roads in China. He gritted his teeth at how bad our electrical grid was designed and maintained and thought China had much to teach us.

Now he tells us he thinks China is manipulating its currency. But he probably won't do much about it at this point because it may aggravate the trade deficit we have with China.

What makes him different from Bush or Clinton in this regard? Where is the change we can believe in. It is becoming very clear that the only change this guy is for is taking away your freedom and liberty but everything else will probably stay the same.


Geithner signals tougher stance on China

Friday, September 26, 2008

We need a Cold War

There was a time when the people of the United States of America were united on victory. There was a time when “We the People” wanted to be on top and win. We were united in telling ourselves that sometimes sacrifice was needed in order to win and survive.

You may think I am talking about a time during our Nation's founding. Or I may be referring to the time of the two Great Wars. Or maybe I am talking about the Korean war. You would be wrong. I am talking about the 70's and the 80's.

Not all that long ago but so long from the memory of the Nation as a whole. We had a defined enemy. It was called the Soviet Union. The Cold War was red hot. We had movie and TV show about us kicking the butt of the Soviets. We cheered whenever we beet them in sports matches. Remember the Dream Hockey Team?

Oh yes, we had a collective pride in our nation and our military. Sure we had the rough spots like the Vietnam conflict. We had gas lines in the 70's and high interest rates in the late 70's and early 80's. But we were united. We had that cold war mentality. We felt as a nation we needed to win at all cost.

But we did not give up our freedom and liberty to do so. We won the Cold War without the Patriot Act. We had no need for the NSA because the CIA and FBI and Military Intelligence was all we needed.

Oh, sure you still had stupid Liberals whining about military spending. Sure you had environmentalist hugging trees. But the nation did not put up with corrupt government. Remember Nixon? No we as a Nation saw what our goal was and we did not allow anyone to get in our way of that goal.

Of course it was not all roses to be sure. We disagreed on how to win and we disagreed often on how to win. But we all agreed that we did need to win. That we had no choice but to win. We did not even entertain the thought of defeat. We did not even suggest the thought of cutting and running. We were America after all. We were the leader of the free world. The entire world looked up to us. Those who did not look up to us, feared us. That is why the Soviets never pushed the button first.

They knew our resolve to win. They saw how we mustered our might, our people, our resources to crush those who stood against us and freedom. We took no shit from anyone. We let those who would do us harm that their price would be heavy and great.

Now we have a mentality of cut and run. Reduce our liberty in order to be safe. Let other nations walk all over us and our allies. And we have those in leadership that not only argue about how to win but that we should not win at all.

What has happened to us as a Nation? Did we really get spoiled after we won the Cold War? Did we really lose our way? Did we really get so numb and dumb that corrupt leaders can bilk our nation of billions of dollars, blame someone else and the American public doesn't hold them accountable? How did we get to this point? How did we lose our way?

Simple really. We lost our collective goal. We lost our National Pride to win at all cost while preserving what made us great to begin with. Freedom and liberty. We need that Cold War mentality back. We need to elect leaders that understand there is evil in the world and that we are the people who can stop it cold. We can win. We have done it nearly every time we put our collective minds to it.

There is nothing this nation cannot accomplish. All we need is the leadership and the will to win once again. We need to think of those that would do us harm as the fallen Soviet Union.

Hell, maybe Putin could do us all a favor by resurrecting the Soviet Union and reigniting the Cold War. Maybe then the People of this great nation will rise again to their full potential and defeat all that would do us harm, roust and jail the corrupt in politics and go back to strong, steady and real progress and prosperity.

I cannot believe I am saying this but, for the sake of our great nation, please Prime Minister Putin. Put Russia back on the map. Give us a common enemy again that we cannot ignore. Help us regain the greatness that was the United States of America.

Wednesday, August 6, 2008

What Barry and his kind really want from big oil and the American people

How interesting this is. Recently, Obama was making fun of McCain for making fun of him about the people of America saving gas by inflating their tires.

First of all, are you serious, Mr. Obama? I think the tire pressure thing has been so en grained in our collective psyche that it would be a safe bet to say that at least 90% of the American public know that properly inflated tires saves gas, gives you better handling and extends the life of your tires. But to state this as a potential plank on the energy platform is bordering on the ridiculous.

Where are the solid planks on energy from you and your camp? I have not seen anything relevant unless you are mimicking what the Republicans have been saying. But then the very next day you flop and tell us that drilling is not going to solve our problems today.

Mr. Obama, the liberals have had a “don't drill in our country at all” policy for decades and we now see where that policy has lead. We are paying record prices at the gas pumps while backwards countries in South America and Africa pay under a buck a gallon. How is that possible?

True those nations' governments subsidize their oil industries heavily. So is that where you are going to take us Mr. Obama? You wish to do a Hugo (and I don't mean the hurricane although the effects would be far more devastating) and nationalize our oil industry?

And for crying out loud, can someone please tell me what a “windfall profit” is. Who is to say that 11 billion dollars is too much for a company to make. Doesn't the federal government and all the state governments make far more on a gallon of gas than the oil companies? Why yes they do. Doesn't the fed and the states tax the income of the companies, large and small, that deal in oil? Why yes they do.

So should not the fed and the states give back to the American people what they took because they, the government has windfall tax profits? After all, none of the governments involved have ever risked a dime to explore for oil. None of them have paid to lay the infrastructure that now gives us our pipelines.

Oh sure, they may have given tax breaks every now and again...but that is what they were. Nothing but a reduction in the taxes that those companies already had to pay. How is that signify that the government “paid” for anything. It is our money to begin with.

And with todays technology and the fact that just about every other oil producing nation on the planet is going after oil reserves even in areas where US companies cannot change your mind? Of course not. You view the big oil companies, which are small compared to the oil companies around the world, as evil. You think that even if they made nothing, that they were still cheating the American people.

It is you and your ilk, Mr. Obama who are cheating the American people. Why don't you tell the people of this great nation just what you have in mind for us as far as your energy policy would go? You would not dare because the American people would reject it outright.

The American people deserve more than rhetoric, Mr. Obama. And those goes for Mr. McCain as well. We need real answers. Yes alternatives are a good start but you and I and the rest of America know that any viable alternative will not be fully integrated for at least two decades if not longer.

So why is it OK to pursue technologies that will not pay off today but not drill for our own oil that will obviously not pay off today? Because in both cases, we will be a much stronger nation tomorrow.

But all you wish to do is pit the “rich” against the rest of us. You pit the rest of us against the “poor”. And you wish to tax the hell out of the very people who make this nation great. And you know I am not just talking about income tax. Any tax you levy against an oil company for “excessive” profits will only get passed on to the American consumer. It is just another money grab for bigger government.

Come on Mr. Obama and Mr. McCain. Come clean and tell the American people what you really want to do to us. I promise you that 90% of us will not stand for it.

Tuesday, March 18, 2008

Your Finances are the Nations Problem

Did someone say the economy is in the toilet?  It looks like the Fed moved today to prevent a recession.  They cut one of the benchmark interest rates by .75%.  That is three quarters of a percent to those of you who like to think of it in those terms.


What does this have to do with your freedom and liberty?  Everything.  It means that the government is really concerned about the economy slipping into a recession.  But doing this will cause energy prices to stay high.

Look at it this way.  When our money is plentiful and easy to get, or cheap to get, then it is not worth as much on the world market.  The world market determines what the price of goods and services are, not the USA.  

And since our money is no longer backed by gold but by the government itself, then when we print more or make it easier to get, the less valuable it becomes.  Right now, those low interest rates make our dollar less valuable and thus nobody wants to own our dollars.

It has gotten so bad that now the Canadian dollar is worth more than the US Dollar.  I cannot remember the last time this was the case.  

It will mean a few things.  Notice how the housing market is still in the toilet.  Why is that when interest rates are supposed to be coming down.  They are not coming down.  In fact people are losing their homes because the adjustable rates are still going up.

Why else do you think the Democrats are talking a freeze on interest rates on mortgages.  The value of the dollar is also making the cost of oil go through the roof.  Of course you have to pay for that as well.  You pay higher gas prices and higher home heating prices.

So lets see, you make our dollar worth less.  You cause the price of fuel to skyrocket and that in turn causes the price at the pump to go up.  This takes more cash out of your pocket.  All the while your investments do not do as well.  Lower interest rates also mean you don't earn as much on your investments.

You have less cash in your pocket and you have to pay more to keep the home you probably should not have bought in the first place.  Now can you begin to see how this is starting to look like the perfect storm of economic doom for many people?

Even if we avert a full recession the damage is already done and it will take the USA a long time to dig out from under this mess.  Part of the blame rest with the American people.  We have to much debt, which means most Americans work for the credit card companies and cannot save or invest in their own futures let alone invest in the future of the nation.

You have high debt, you get low returns on simple investments, you pay more for your home and energy and food, you have less money to do the things you want to do and you add the fact that the media is scaring the hell out of every body and you should now know how and why this affects your freedom and liberty.

If we go down as a nation, you can only blame the individual for our government is only reacting to our own greed and stupidity.