Tag: economy
American energy can jump-start US recovery
Our nation’s economic growth may finish an anemic 2% on the year. Faced with looming taxes and regulations, few companies are expanding, hiring or buying equipment. More than 14 million Americans are unemployed, excluding the nearly 9 million who have been forced to take part-time jobs, or the 2.5 million who’ve given up on finding work. Meanwhile, 140,000 have been added to government payrolls, and the nation is spending $4 billion a day more than it’s taking in. That is unacceptable, demoralizing – and unnecessary.
Looking to the Dollar, Gold, and “Mutti” to Save the World
Plainly said, Angela Merkel is showing the rest of the world why Keynesian economics doesn’t work; that governments with huge “entitlement” programs and a tendency to throw vast amounts of money at their problems invite disaster. If Europe does not plunge into chaos, it will be because she refused to bail it out with the deutschmark.
Paper Money, Real Debt, and Spendthrift Nations
The essential problem is that both the U.S. dollar and the Euro are just so much paper, despite the promises and guarantees that they will be honored as real money. The trick has been to keep everyone believing there are sufficient real assets to back up those promises.
The Threat of a Global Financial Collapse
Over the years, more and more power has been concentrated in the federal government and it requires the dismantlement and elimination of several of its components. Americans need to say no to the Departments of Education, Energy, along with the Department of Housing and Urban Development. These are all functions previously addressed by the states.
System Failure on a Global Scale
Wars in the twentieth century were always an example of either the failure of nations to resolve their differences or of the ancient human inclination to steal whatever they can from their neighbor. Wars organize this into armies for that purpose. The other cause for war is the necessity to rid the neighborhood of the crazy guy who’s hoarding weapons and building bombs.
Tapping natural resources to address Maryland’s economic problems
By Bishop Harry Jackson, Jr.
Shale gas formations are typically thousands of feet below groundwater supplies, with layers of shale, limestone and other impermeable rock in between. The first several hundred feet of each well has special steel “casing” cemented in place to protect water supplies; the actual drill hole and pipe goes through this casing. In addition, the fluids used in fracturing are 99.5% water and sand.
The Financial Advice of Experts, Then and Now
“I see nothing in the present situation that is either menacing or warrants pessimism…I have every confidence that there will be a revival of activity in the spring, and that during the coming year, the country will make steady progress.” That’s what William Mellon, the U.S. Secretary of the Treasury, had to say on December 31, 1929. The Great Depression would last until 1941 when the U.S. entered World War Two.
Flirting with the Great Depression 2.0
The nasty “debate” in Washington over the debt ceiling included the Republican demands that we reduce our spending and Democrat demands that we raise taxes. Those advocating sanity were called “terrorists” and “extremists.” The shallow reductions agreed to were stretched over ten years and barely begin to address the immediate financial crisis. Harder decisions were pushed off on a “super committee” that no one expects to agree on anything.
Unleashing Americans
Despite the breathless reporting of the 24/7 news channels, the parade of politicians on both sides explaining their positions, the real news is that Americans are finally engaged in a real debate over the debt and the nation’s future. In 2012 they will vote to change course and, just as European nations that also borrowed too much, they will have to accept austerity measures.
Embracing Defeat in the Debt Ceiling Debate
Well here’s what 27 years in the Senate brings conservatives who view the debt ceiling fight as the first real opportunity to force the Obama abomination to reduce spending: Republican Senate Minority Leader Mitch McConnell offers a debt ceiling “contingency” plan that combines pre–emptive surrender with the approval of Nancy Pelosi.
Flatlining the Economy
If Obama and the moronic economic advisors he brought into office with him—only Treasury Secretary Geithner remains—wanted to turn the economy around all they had to do was cut tax rates, cut government spending, push for deregulation to reduce the costs of doing business, and exercise restraint with monetary policies. They did none of this. Instead, they doubled-down with a massive, failed “stimulus” program, cash for clunkers, and comparable measures.
Spending Insanely While the Economy Collapses
America is a sovereign nation, a constitutional Republic that will celebrate the 235th anniversary of its declaration of independence in 1776 and the 223rd anniversary of its Constitution which became effective when the State of New Hampshire became the ninth State to ratify it in 1788.
Destroying the Dollar
Something I never thought I would ever see in my former hometown, a wealthy New Jersey suburb of New York City, was a Dollar Store, but one opened recently in a former supermarket. Dollar Stores are giving Wal-Mart, Target, and similar outlets a run for their money and it’s not hard to see why. The local one has just about everything you could need and all for astonishing low prices.
True state of the economy
The damnable lies that continue out of lazy, corrupt media mouthpieces regarding the true state of the economy is nothing short of reprehensible. We expect politicians to lie every time they open their mouths. We expect ethically bankrupt crooks like Ben Bernanke and Timothy Geithner to lie every time they open their mouth to protect their banking interests. However, a free media is supposed to be the watch dog for government corruption and report the facts, not propaganda
The Answer to Life, the Universe and Everything
The fact is that the economy is neither zero sum, nor is it static. It expands or contracts based on the BEHAVIORS of the participants! Innovation, invention, provision of needed services, advancement of knowledge, investment in new ideas etc all generate NEW wealth. It is not simply a matter of shuffling around a limited money supply.
Unemployment Insurance or Stealth Welfare?
McDonalds is hiring, and pays more than $250 a week! If someone has been out of work for 2 years, they COULD get a job flipping burgers for about the same money that unemployment provides. But WHY WOULD someone who is content to live at that level of income work 40 hrs a week for the kind of money the Feds are giving away for them to sit on their cans?
Mainstream Media Wrong Again
Here’s the truth: This election IS about the economy – IN PART. But even more important, it is about the President’s attempt to “fundamentally transform” America from a constitutional republic to a socialist banana republic sewer. This is the concern upon which all the other troubling worries about the state of our government are founded.
Feels Like a Depression to Me
Between the time that George Washington took the first oath of office as president and when Barack Obama did—1789 to 2009, the United States had borrowed nine trillion dollars. Since Obama took office, it has borrowed or imposed nearly three trillion more debt. Tell me he is not deliberately seeking to bankrupt the nation.
Mood Darkens As Mid-Term Election Approaches
Americans are tired of choosing between the lesser of two evils. We understand the lesser of two evils is STILL EVIL! BUT, having said that – we are probably going to vote for the Republicans this fall to punish the Democrats. (That is no way to run a railroad, folks, but there it is.) So, the GOP will probably win by default.
Basic Economic Reality 101
The fact is that the American Economy is NOT a zero sum game. Wealth is CREATED whenever a new product or service of value is created. Whenever innovation creates a product or improves a process, or efficiency is improved through technology, the economy grows.
Obama, The Nation Killer
The worst is yet to come because the end of the Bush tax cuts on December 31, 2010 will generate major increases in taxation that will affect all but the appalling 40% who pay no taxes at all. This isn’t redistribution of wealth. It is a penalty levied on investors, entrepreneurs, and those who still have jobs.
Who Are The Racists?
by Larry Miller
This may not be a fashionable post, but there are things that must be said, that few are saying. The NAACP, feeling the heat as the tea partiers are waking up our country to the inefficiency and ineffectiveness of government programs in solving the problems, not only of the black community, but all Americans struggling to make it in the world.
Lessons from the Gulf blowout
Should we stop drilling offshore? We can hardly afford to. We still need to drill, so that we can drive, fly, farm, heat our homes, operate factories and do everything else that requires reliable, affordable petroleum. Indeed, over 62% of all US energy still comes from oil and gas.
America: Do you feel violated yet?
Hope and change was a marketing slogan to usher in the final collapse of our republic. Obama/Soetoro is in full charge towards the utter and complete destruction of America. Right along with the same incumbents who were voted back into Congress in November, 2008. The Sovietization of the U.S. is almost complete.
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