Thought I’d jump back in here since there has been so much national debate on this in the past few weeks. Here is my take on the subject. I truly believe there needs to be some changes. I think the many citizens who are interviewed by the media who say there needs to change but I don’t know what are either taking a cop out or not really thinking about it. I believe thatboth the left and the right have taken extreme stances that will hurt us.
Archive for the ‘money’ Category
Beware of the second coming of the Government Stimulus!
Posted in Economy, Government, money, tagged bailout, Economy, stimulus package, Taxes on July 7, 2009 | 1 Comment »
So now the President and his key economic advisers are starting to drop hints that we may need a second stimulus. If you ask me it was in the plan all along. There should be No talk of a second stimulus at this time. The President himself agrees that only 10% of the 1st stimulus has been spent and put into action. So why would we even be talking about putting America further into debt with a second.
What was really happening while they raged about the AIG bonuses
Posted in Economy, Government, money, tagged depression, Economy, federal reserve, Glen Back, hyperinflation, recession on March 20, 2009 | Leave a Comment »
While every one from the President on down was outraged about the AIG $165 million dollar bonus payouts, something much much bigger was going on. No one was talking about the $1 trillion dollars the U.S. government printed yesterday out of thin air to help stave off a depression. It seems the Federal Reserve pumped $1 trillion dollars in the economy on Wednesday.
Maybe this recession / depression will reset us to reality
Posted in Economy, Family, cars, current events, money, tagged credit, depression, Economy, economy.automotive, real estate, recession, Sleep on March 7, 2009 | Leave a Comment »
I listened to an economist the other day on a business news channel who said that basically the prosperity of the last decade was all a lie. A lie built on credit. People borrowed money they didn’t have to buy houses and cars and stock they really couldn’t afford.
They say we may recover back to were we were in about 3-5 years. Personally I hope we never get back there. I hope that this time has the effect on our generation that the depression and WWII had on our grandparents and parents.
Fiddling with the economy while Rome burns
Posted in Business, Daily update, Economy, Government, current events, money, politics, tagged bailout, current events, Dow, Economy, Government, Obama, Stock Market, Wall Street on March 3, 2009 | Leave a Comment »
Today the Dow drop to it’s lowest point since 1997 at 6763 down 299 points in one day. The Dow Jones Industrial has gone down almost 24% since President Obama was inaugurated. Now I’m not saying it went down because he was inaugurated. It has gone down because of the spending policies of Congress and the Obama administration.
My favorite part of President Obama’s speech to congress
Posted in Business, Economy, Government, World, current events, money, politics, tagged alternative energy, Government, Obama, president, solar, TV on February 25, 2009 | Leave a Comment »
As I watched the Presidents speech to congress tonight there is one thing he said that I have to give a big Amen to. We need to become a great innovator and producer of those innovation.
Should we bail out home owners who over bought ?
Posted in Economy, Family, Government, current events, money, people, politics, tagged adjustable mortgage, bailout, bankruptcy, current events, foreclosure, Government, housing, mortgage, president on February 20, 2009 | 2 Comments »
The President announced yet another bail out package. This one is to help people who are in danger of losing their homes. Many, and I will agree not all, are in this position because they bought a home that was way more expensive than the could afford.
Time for a million tax payer march on Washington
Posted in Economy, Government, World, current events, money, politics, tagged Presidents Day on February 15, 2009 | Leave a Comment »
We should have at least one million Tax Payers on the Washington Mall to protest the President signing the Stimulus Package on Monday, Presidents Day.
Dear President Obama & Congress please make the stimulus count
Posted in Business, Economy, Government, cars, current events, money, politics, tagged alternative energy, bailout, Congress, economy.automotive, election, Employment, Government, infrastructure, nuclear, Obama, opec, president, solar, stimulus package on February 3, 2009 | Leave a Comment »
Dear President Obama please use your vision and power to make this Stimulus Package a real longterm investment in the future of America, and not the usual Pork Filled gift to special interests
The Real get America working stimulus plan 2009
Posted in Economy, Government, cars, current events, money, politics, tagged alternative energy, billions, bridges, Economy, highways, infrastructure, new deal, Obama, Pelosi, recession, Stimulus, Taxes on January 29, 2009 | Leave a Comment »
I’ve been away at a funeral and out of touch. So I hope they haven’t approved the stimulus plan yet. This is a non-partisan rant. They are looking at spending over a Trillion dollars till it’s all said and done. That’s more money than even Austin Powers could conceive of spending. I didn’t vote for [...]
