Wednesday, February 03, 2010

I think Toyota has a great product line. I own a Tacoma. But, my first reaction to this 'fuel' thing was computer malfunction.



I believe it has to be investigated. The vehicles today rely on computer programs to maintain fuel economy. Actually, a computer patch will cost a lot less than a replaced brake petal, although it could be all three issues that are the problem.

I am not having any problems with my vehicle. That isn't it. It gets really good gas mileage.

Apple co-founder Steve Wozniak says his Prius has acceleration 'software glitch' (click title to entry - thank you)

Apple Computer co-founder Steve Wozniak, who should know a few things about software glitches, says his 2010 Toyota Prius -- which is not listed on Toyota's sticky-gas-pedal recall list -- accelerates suddenly, and not in a good way....

I wish opportunities to address real issues of the USA weren't squandered by 'propaganda opportunities.''

...Of the top 50 largest metropolitan areas by GDP, Las Vegas-Paradise, NV experienced the largest growth, 31.2%, with its largest increase, 10%, between 2003 and 2004. (click title to entry - thank you)

I really don't believe there was any reason for ANY apology !!!!!

If I had to advise President Obama to insure he gets his message out without these morons interferring? I'd tell him, USE GENERICS. You know, like, "...and don't blow your money on gambling." That way PERHAPS, but only PERHAPS, the college students might actually hear your message. It's worth a try, but, I am sure the mayor of Las Vegas would take offense to that as well, but, at least we can measure it.





Gambling by underage college students: preferences and pathology (click here)

University students (N=995) residing in an environment which affords many opportunities to gamble were surveyed. For those participants over 21 years of age, 92.5% said they had gambled at least once in a casino, compared to 59.8% of the 18 year olds, 72.8% of the 19 year olds, and 86.1% of the 20 year olds. Casino gambling is legal only at 21. Preferences in favorite game showed no difference between the two groups except that those under 21 years were more than twice as likely to prefer sports betting to those over 21. The percentage of participants classified as probable pathological gamblers by the South Oaks Gambling Screen was 9.21% for those under 21 years, and 14.91% for those over 21....



Nevada lawmakers angry at President Obama's 'don't blow a bunch of cash on Vegas' comment (click here)

Will someone put these folks out of their misery and send them home rather than elect them. They know not what they do.

The conservatives in the country cannot get their minds around the fact they have failed the people of the USA.

Mike Pence has become the RNC strategist to return Republicans to the House. Isn't that great? He was hoping at the last minute someone would turn on health care reform and defeat the House vote as well.

They don't have good ideas, yet these men get sent back to serve over and over and over again.

The Bush/Paulson Bank Bailout was an abject failure to the Middle Class and Working Class and Small Business owners of this country, yet, the Republicans won't admit it. They got back their monies and then some when Wall Street investment banks had record profits over and over again.

It wasn't they that hired the "Pay Czar" either.

Somewhere in the House and Senate Ethics laws there should be an examination of the PROFITS those that wrote the TARP bill received AFTER Wall Street turned record profits. We hear about and object to the CEOs that receive all these bonuses, but, we don't bother to realize how much Congressional members have received in profits from TARP. There should be examination of the monies the authors of TARP received and why the Middle Class, Working Class, Small businesses and OTHER banks were left 'out of the loop.' I realize the FDIC was there for a reason, but, the number of banks that have failed following the TARP bailout is hideous.


Failed Bank List (click here)


This list includes banks which have failed since October 1, 2000. Total - 210 (According to closing date)

2000 - Two (2)
2001 - Four (4)
2002 - Sixteen (16)
2003 - Three (3)
2004 - Four (4)
2005 - None (0)
2006 - None (0)
2007 - Three (3)
2008 - Twenty-five (25)
2009 - One hundred and thirty-nine (139)
2010 - Fourteen (14) to date

Every one of these banks were lending to small businesses, had employees at all levels of the management sector including the bank teller. These people have families they contributed to, had homes and hopes for the future. The communities they served are now left with no venues for their needs and the Republicans, especially those that wrote TARP didn't and DON'T care about any of it. It is time to send these Politicians into retirement. The people of the USA should not make the mistake in believing these men actually care about them, they don't. The people of the USA never once crossed their minds, nor the minds of Bush and Paulson when they wrote TARP.






Rather than listening to the needs of the nation and asking what can be done to 'CHANGE' the poorly written legislation that gave TARP funds to investment banks ONLY and allowed the complete deterioration of the USA infrastructure, Gregg had a hissy fit.


The operative word with all conservatives is 'control.' Gregg was one of the authors of the TARP bailout. It explains why he had an interest in being Secretary of Commerce. Men like him aren't interested in what happened to the American people, he was interested in 'getting back' the monies he lost as a result of the implosion of the economic failure. Gregg is one of 'those people' that live in his own reality and have absolutely NO idea of the reality of the people of this country. He and Alito have a lot in common, they live in their own glory and completely out of touch with the Middle Class.

His ranting is completely inappropriate and is a victimization of the people of the USA to attempt to gain political favor with people that consider him important enough to dump money into a campaign that will be lased with more and more lies and propaganda.




Gregg Blasts Budget Director Over Lending Plan (click here for video)

Senator Opposes Plan To Divert Money For Small-Business Lending

POSTED: 5:18 pm EST February 2, 2010

While President Barack Obama was in New Hampshire, Sen. Judd Gregg, R-N.H., was blasting his budget director in Washington.Gregg opposes the administration's plan to divert leftover TARP money to a small-business lending program. He took budget director Peter Orszag to task Tuesday over the plan."This is the law," Gregg said. "It's not your piggy bank because you're concerned about lending to small businesses and you want to get a political event when you go out and make a speech in Nashua, N.H."The president's budget came out Monday. Gregg said it burdens future generations with debt.

Who hired Hunter in the first place? Young?

The fact of the matter is that Young was an enabler. He didn't love his country, he loved power and the wealth it would bring him. When he was disappointed he wrote a book that would make him some of the money that winning the Presidency might.

I won't buy the book. I find the entire episode hideous beyond belief and this is more proof of it.


..."It is lurid, as one might expect (click here) --fraught with details about Edwards and some justifications of Young's seemingly sycophantish relationship with the man ("Inside the campaigns, I found a cult-like atmosphere that eroded my ability to resist his requests for ever more extreme behavior.")...

This is about the sickest mess I have yet to witness and Young was in on it. What did they think they were doing?

If I have the chronology right it only goes to prove what I have stated all along. I don't know how many times on this blog I have stated, men leave women with breast cancer.

Elizabeth Edwards diagnosed with breast cancer

Posted 11/4/2004 12:46 PM
Updated 11/4/2004 10:12 PM
WASHINGTON — Elizabeth Edwards continued to stump through five key states in the final days of the campaign despite receiving a distressing diagnosis from her family doctor last Friday: breast cancer....

Elizabeth was diagnosed in 2004 and the affair occurred sometime in 2007 when everything around John was falling apart. He had already had an unsuccessful run for Vice President. He could not be more correct about the fact that there were two Americas and this was years before the economic engineering of Paulson. But, he was losing a campaign for a Presidential bid and he turned to the one place where he could find some success.

Surprise, surprise. He was attempting to deal with his wife's cancer and in 2008 after the baby was born Elizabeth was rediagnosed with Stage 4 breast cancer.

Something to be learned here by a book from someone who was disappointed by life when his candidate didn't own up to his own genius?

I don't reward this mess with a purchase of a book. What John Edwards needs to do is pick up the pieces of his life and get on with it. He has lost not only a son, a wife to divorce, a Vice Presidential and Presidential bid, but, a good friend that exploited what was left of his dignity.

John needs to write a book about the insight he had about the two Americas, because, the American didn't listen. The Democrats treated the Edwards message as if it was tabloid journalism itself. John needs to write, no different than Spitzer has, about the insight he had regarding the reality that cost the American taxpayer $800 billion to corporate investment banks that took their money and ran. They left the current President holding the bag to stimulate the economy and pick up the pieces of the USA and find monies GRATEFULLY to add a loan possibility to Small Businesses.

How did you know all that, John? That is what I want to know.

Tuesday, February 02, 2010

I know this seems like an odd idea, but, shouldn't the USA offer asylum to Alhaji Umaru Mutallab




Was the system set up to be THIS dysfunctional? Maybe add a few colors, okay?

Shocking Pink for airline alert.

Florescent Green for cyber warning.

Purple for trains, bridges and surface transport.

Aquamarine for ships and waterways.

That sort of stuff.


Six months is no joke, okay? The last time the Intelligence Departments warned about an attack within three months Cheney treated the warning as if it needed an appointment to receive any action.




The USA wanted him to testify to the Senate and now his son has agreed to cooperate with authorities. It would seem a good incentive for Umar Farouk Abdulmutallab to continue to supply information if his parents were safe.

Perhaps he and his family are safe in Nigeria, but, how can anyone be sure? After all the USA is holding Umar. I would think there should be some reward for his father for being so forthright about all this.

...The U.S. Senate Committee on Foreign Relations, (click here) in a letter dated January 7, asked Mutallab to appear before it tomorrow to testify on the alleged bombing attempt by his son, Umar Farouk Abdulmutallab....


When I think of cyber and traditional attacks with airliners, I first think of the Super-Jumbos that require a lot of software that might be available for corruption and 'in flight' malfunction by sabotage.

Someone want to raise the terror alert? Just a thought.



..."Al-Qaeda maintains its intent to attack the homeland (click here) -- preferably with a large-scale operation that would cause mass casualties, harm the U.S. economy or both," Director of National Intelligence Dennis C. Blair told the committee in a hearing convened to assess looming threats against the country....

Just in case The Republicans and their pundits at FOX don't 'get it.'

100 % of zero is still zero

Percentage of GDP is irrelevant to any recovery from an economic crash. And the collapse of 2008 was a crash by any definition.

After a crash the Gross Domestic Product of any country is not really known. It wasn't even really known before the crash because the economy prior to the crash was a faux economy.

The California Gold Rush was a rampant economy because of the promise of 'mad money' with the discovery of gold. The Boom Towns crashed because it was all based in over exaggerated expectations.

What occurred in large measure during the Bush/Cheney/Secretaries of Commerce years was no different than the California Gold Rush. The expectations of those years were exaggerated and people from every walk of life mortgaged their lives to achieve status and wealth that was promised to them.

The economy of Bush was destined to fail and everyone that did not participate knew it. Those folks still have their homes and their lives and with any luck their jobs.

The profound truth to the circumstances the USA faces today is that, 1. it are not alone, although the rest of the global economy wishes it were and 2. the economy of the USA has yet to be realized.

The current USA Labor Department is going about things the right way. They are looking at the economic collapse of each region as it experiences it and addresses it with programs to return a degree of economy to existing infrastructure that is still viable.

The intervention by the USA Labor Department is about sustainable employment, sustainable tax base and it is not 'flash in the pan' growth spurts that will only return to un or underemployment again.

The Stimulus allowed breathing room to the States, but, also addressed crumbling infrastructure that was grossly neglected during the 'years of neglect' from 2000-2008 all for the sake of a nation at war.

I am sure I can look back at the Clinton Surplus and find a lot of uses for it that would have resulted in economic growth past 'the service economy' of the time, but, that was wasted and now we are faced with 're-growing' the USA from practically scratch. It is an interesting exercise actually. We expected more cooperation from the salvaged banks but received none. A good lesson for all to learn as far as I am concerned.

But, what is more interesting than any of it, is that we have a huge opportunity before to rebuild the infrastructure of our country that will serve 'better' priorities rather than ones of the past. We can literally 'remake' our education, energy, transportation, etc. infrastructure with the future in mind.

The point is, even after one year of trying we don't know what the new GDP of the USA is. We have yet to achieve our goals and realize their outcomes.

The town where I am living has seen the rebirth of 'Main Street' since the collapse. Shops that once lined 'the mall' have abandoned higher rental prices and returned instead to Main Street shops. It is charming again to walk down Main Street and 'experience' the town rather than scampering about the mall and hurrying on the way. The local economy feels more like a local economy rather than a big box store and the shop keepers are doing well. Craftspersons display their goods on consignment in shops where it makes sense and 'it is a good thing.'

There are businesses that have gone out of business, but, then they were probably run by poor management that could not absorb any loss and forced to close their doors. That can be stated as appropriate, but, it is still unfortunate to those that face hard times.

Larger companies that were viable before are still seeing viability, but, with losses they have had to adjust and hope higher sales will return.

Lots and lots of sales at chain stores which give the shoppes are run for their money, but, I can't believe those chains can keep up that pace for long.

The point is 'contraction' of any economy is a blow to the debt a nation carries, but, when the recovery is realized sometimes 'when working with percentages' the entire picture changes.

So, for a country with a debt of 50% to its GDP, with contraction of 25%, the amount of the debt doesn't change, but, the percentage does. That can be bad news for an economy that is unrecoverable, BUT, the USA has much promise and many untapped opportunities. So the picture for its economy is really quite bright.

What also contributes to the optimism of this economy is a President determined to ravage old habits of cronyism and rid the national debt of unnecessary ventures and wasted taxpayer monies. I have not witnessed a President as obviously 'on the hunt' for government waste as President Obama is. I am proud of him. The sad reality is that Democrats don't realize a favorite son when they see one.

As the President is successful and waste is sculpted from the budget, we will end up with more in our treasury than we bargained for. What will also be unexpected is the increased tax base and an increase in revenues and before we know it we will not only have the country we longed for, but, one that can pay its bills.

I am less worried, than determined and I think that is the best outlook one can have. Small businesses and local economies are more important to our recovery than can be said.

...in the interim, the President is absolutely correct again,...the best venue for people that find themselves floundering is finding an education that will provide in the future and stick with it. Those that have wanted that Masters or PhD have an opportunity they should take advantage of, too.

I will return to reading the Republicans 'alternative' plans tomorrow. There is just so much I can read at a time. I needed a day off.

Tomorrow.

It is nearly impossible to get serious conversations from the USA media regarding the economy, so Canada is a good source of comparative values.



Canada is extremely similar in its demographics to the USA economy. There are some differences.

The USA has anti-trust laws, where Canada actually intervenes with government power to stop the exploitation of its workers.

Canada has less agriculture than the USA. Due to its northern position on the globe the agricultural sector is in the southern end of the country.


There is a rating scale called "The Index of Economic Freedom." It is an interesting scale, I don't believe it is the quintessential scale, I prefer the United Nations comparison of countries better especially when it comes to natural resource conservation, but, this is basically a measure of 'opportunity' countries practice in their policies.

The Top 10 for 2009 included both Canada and the USA, which is 'kinda' neat, because, we are among some really 'cool and thriving' countries other than the 'usual' European group we frequently 'akin' ourselves with. In the top 10 Canada is ranked 7th and the USA 8th (click here). The point is we don't have to be Canada-wannabees for economic direction, but, it is a valid comparison to what Canada is doing to find its way out of this Wall Street mess as compared to the USA.

So, that stated, Canada is continuing to spend and its economic minister isn't nearly as concerned about the nation's debt as the Conservatives of the Republican Party in the USA portray its importance.

It clearly tells me that the propaganda from the Murdoch Propaganda Machine is completely disaffecting the USA economy and causing a slow down in the recovery in the USA. I wish Canada would speak out about that because indirectly the USA's economy effects all nations and certainly the economic recovery of both Canada and Mexico.

The 'freeze' that was an attempt at bipartisanship by President Obama is simply a stupid idea that has been politically engineered by the RNC. It dominated the latest election in Massachusetts and now the USA is burdened ONCE AGAIN with idiocy rathrer than productivity. The House should eliminate 'the Republican Deep Freeze' from its bill and therefore it will be tempered in negotiations with the Senate.

The Global Community should take note, the USA is under siege by its Right Wing Media and for some stupid reason it is unable to reign in that power. Any country's ministers with strategies to break this up should advise the White House as soon as possible. The people of the USA are not safe.

Thank you.

Flaherty urged to keep spending taps open (click here)

Jeremy Torobin and Tavia Grant

Ottawa, Toronto Globe and Mail Update

Canada's leading private economists are urging Finance Minister Jim Flaherty to tread a cautious path in his March budget and keep spending flowing in a fragile recovery.

At a meeting in Ottawa on Tuesday, the economists will suggest Mr. Flaherty look past some of the better-than-expected data in Canada and the United States and resist moving too quickly to rein in the deficit.

The economists have boosted their projections for the economy, which Mr. Flaherty uses to shape his own assessments. They now see average economic growth of 2.7 per cent this year, according to a Bloomberg survey. That's higher than the 2.3 per cent Mr. Flaherty projected in his September fiscal update, but still well below the 5 per cent to 6 per cent that typically follows a deep slump...

THE PERCENT of GDP is irrelevant to the best outcome of the USA. The faster the tax base expands the more of the nation's deficit will be paid. We could literally have the deficit paid off in the Baby Boomer's lifetimes if we apply the principles correctly and return quality of life and the American Dream back to the Middle Class.

China is encouraged to spend as their 'percent' GDP is only 5%, but, the economy of China is huge compared to the USA due to the population difference.

Quite literally, if the USA draws down its spending too quickly we will witness a huge hike in unemployment when the troops come home and I am sorry, but, war is NOT an economic directive.

The USA, with our new President, will be able to spend its way out of the NEGLECT of the conservative party of the past five decades. We need to "go there" and go there quickly. I find the budgets of the Obama White House in step with its peers around the globe.

Spending in education will bring the USA into competitive ranges with others globally and we cannot afford to languish another year. Our children's futures demand cutting edge opportunity and it is high time we invested.

The more jobs and needs this nation creates the better off we are. If the conservatives of the USA are so very, very concerned about the Stimulus and the spending of the government then they need to propose legislation that will provide 'regulators' to oversee spending where ever federal dollars are distributed to be sure they are used as proposed. So far, NOTHING, I have witnessed anywhere tells me there is rampant corruption of the spending of the Stimulus, but, with such a large program there will no doubt be some.

Where spending is a 'bad idea' is when the deficit far outreaches 'an established' and fairly 'static' GDP. We have witnessed this in Argentina. But, with the potential the USA has to build an infrastructure and employ more and more people, especially now that its States are coming in line with a return of their State Legislators, spending is the venue of change and improvement. The USA DOES NOT KNOW its potential yet and to cut it off at the knees before we attain it is complete moronity.

Fiscal Conservatives are very poor judges of what is best for the country. They were the onces that sunk the economy in the first place and to trust them all over again is the worst possible sense of judgement the American people have ever shown. The American people are reacting to their own 'personal fiscal fears' when they think about what the economy on a national scale should be doing. It isn't the same and sooner or later the people of the USA are going to have to trust the President and realize he has done everything to benefit this country and assist the people to remain 'okay' in the face of a deeply troubled economy.

We have to trust and believe in our judgement of leadership at the time of the 2008 election and not the propagandized reality of a desperate Republican Party. It is okay to blame Bush and the Republicans for our troubles. They did this. They sincerely did.

Sweden bullish about prospects for growth

Published: 27 Jan 10 14:45 CET
The Swedish government released a more optimistic forecast for the economy on Wednesday, announcing it expects the country’s GDP to climb by 3.0 percent in 2010.
n its previous forecast, presented in November, the government projected that the Swedish economy would only expand by 2.0 percent this year.

According to the new forecast, however, the economy is expected to grow by 3.0 percent in 2010, 3.6 percent in 2011, and 3.2 percent in 2012.

Unemployment will also continue to rise in 2010, however, reaching 9.5 percent before dropping down to 8.9 percent in 2011 and 7.6 percent in 2012.

Meanwhile, inflation is also expected to creep up in the following years, with consumer prices inching up by 1.3 percent in 2010, 2.1 percent in 2011, and 2.7 percent in 2012, according to the government’s new forecast.

Finance minister Anders Borg admitted even he was surprised when his colleagues presented him with the new unemployment projections.

“It’s quite a strong downward revision of more than 4 percent, if you look a few years down the road,” he said at a Wednesday press conference.

“We’re going to be at a level of around 4 to 5 percent unemployment within a few years.”
...



G7 may debate yuan, bank regulation: Japan (click here)

Finance Minister Kan says he expects frank G7 debate instead of document

Leika Kihara

TOKYO Reuters

Group of Seven finance leaders may discuss the Chinese yuan and President Barak Obama's financial regulation plan when they meet in the Arctic Canadian town of Iqaluit this weekend, Japan's finance minister said.

China has come under heavy pressure from the G7 leading nations to revalue its currency, which some economists say is kept artificially low, giving it an unfair export advantage and hindering more balanced economic growth.

Tokyo believes that a more flexible yuan is desirable but has been more reserved than its G7 peers in its criticism of China's currency system on the view that pressuring Beijing won't work.

“We'll deal with this issue based on our understanding that stable economic growth in China is desirable for Japan,” Finance Minister Naoto Kan told a news conference on Tuesday...


Flaherty to Raise Canada’s 2010 Growth Outlook (Update2) (click here)

February 01, 2010, 05:08 PM EST

(Updates bond trading in ninth paragraph.)

By Theophilos Argitis

Feb. 1 (Bloomberg) -- Canadian Finance Minister Jim Flaherty’s March 4 budget may include a stronger forecast for 2010 economic growth, a survey of analysts showed, giving him more scope to fight the country’s rising debt burden.

Canada’s economy will expand 2.7 percent in 2010, faster than the 2.3 percent projected in the September fiscal update, according to a Bloomberg survey of 14 of the 16 forecasters Flaherty consults for his budget. Flaherty will meet the 16 economists from banks, universities and research institutes in Ottawa tomorrow to gather their projections.

Faster growth in 2010 may help propel Prime Minister Stephen Harper’s plan to shift the government’s focus to eliminating the deficit, which could sustain demand for Canadian debt at a time when opposition lawmakers and economists question the government’s ability to balance the budget....


OECD urges China to spend freely (click here)

Alan Wheatley and Zhou Xin

Beijing Reuters

China needs to run a continued fiscal deficit and let its real exchange rate rise to rebalance its economy towards domestic demand and thus sustain the impressive growth of recent years, the OECD said on Tuesday.

In only its second full-length study of non-member China, the Organization for Economic Co-operation and Development maintained its November forecast of an acceleration in gross domestic product growth to 10.2 per cent in 2010 from 8.7 per cent last year.

Near-term economic overheating was unlikely as the economy had ample spare capacity, the OECD said, forecasting that consumer prices would rise a modest 1.8 per cent in 2010.

The OECD said China's fiscal deficit remained small despite Beijing's 4 trillion yuan ($585.9-billion) stimulus program and advised against a return to the conservative spending policies that left the general government budget in surplus to the tune of more than 5 per cent of GDP in 2007.

“Further out, maintaining strong domestic demand will require a continued fiscal deficit,” the report said....

Monday, February 01, 2010

Plans Republicans Make - regarding jobs.



In their complaint letter to the President of the United States of America, the Republicans state they want a bipartisan discussion on jobs because the issue is neglected by policymakers in Washington, DC.

Now, are those policymakers also the Republicans, because, the Democrats passed a large stimulus bill at the beginning of 2009. So, I guess it is the RNC that feels guilty that their own members have talked about jobs much. Right? I mean it was the Republicans that sank the country into The Great Recession which caused large reductions in jobs in the USA economy, hence, the stimulus package. So, is it the Republicans feeling guilty here? They want to apologize to the country or something?

Let's see, the superlatives used by the RNC in their letter are, jobs are being shed at an unacceptable rate, there have been job losses since the stimulus.

I want to discuss the job losses since the stimulus. See, if one looks at the states with SUSTAINED job losses they are primarily where Republican administrations are in control of the state governments.

Hello?

Just yesterday a good friend stopped in after the snow started to melt.

And that is another thing, the snow is melting so there is going to be flooding where all the snow had fallen.

But, this friend stopped in. He is in construction. Last year the firm he works for earned a whopping $400,000.00 at the end of the year in profit. I should qualify that by saying $400 hundred thousand is a small fraction of the work this firm usually does annually. They do mostly commercial work. This year they are looking at government contracts. The government work is receiving bids that only achieve about a 5% profit margin and that is if there are no delays or supply costs that increase. Needless to say the Stimulus monies could not be better spent at a better time, because the government is receiving high quality work for dirt cheap prices.

At any rate, the monies that are now being distributed are ONLY NOW coming into the market place. The projects this firm is looking at are all new and they are since THE STATE legislature has returned to their annual planning sessions. Follow? So, before the RNC starts running its mouth about the SLOW return of jobs to the country, they need to realize they are half the problem in the states where majority Republican legislators and/or governors administer the business of the government.

Now, understanding that reality is an interesting aspect to this. The State governments could have and SHOULD HAVE called in emergency sessions since they would not be meeting again to legislate until 2010. THAT DID NOT HAPPEN. It is more than obvious to me that Republicans DELIBERATELY stayed out and let people suffer and/or collect unemployment extentions rather than taking up the cause and putting people back to work immediately. It is completely obvious to me, especially with the news yesterday, that Republicans intended to complain about the slow return of jobs and 'MADE' it happen. So, I don't really want to hear it. I want to hear how the entire country is pulling together to put people back to work and cut unemployment costs. That is what I want to hear from Republicans and I am not hearing it. I am only hearing complaints.

So, back to the letter, hopefully it is chocked full of new and exciting ideas.

No ideas yet. That is sort of status quo for the GOP. But, there are more complaints about long term unemployment. I already addressed that above. Oh, the famous rhetoric for Republicans, a "Jobless Recovery." We heard those words through the entire Bush years. Nothing new there. After all the Republican cronies on Wall Street still have their jobs when they shouldn't. That might explain why the early Obama years look so much like the entire Bush years.

Well, the letter goes on to say the same thing, complaints in different words, but, basically (who signed this anyway?). Well this explains a few things, the signators are John Baehner, 8th district of Ohio, it is difficult to read that handwriting, it looks like Mike Pence, 6th congressional district of Indiana, Eric Cantor, the 7th congressional district of Virginia, and David Camp (not to be confused with Camp David), the 4th congressional district of Michigan. No women signed the letter. I don't blame them. But, they formed this group called, The Better Solutions Group. Right. Better solutions that offer no clear workable ideas so far, nothing but complaints and demands for tax incentives to the wealthy, but, oh yeah they have the answers all right.

Here is another Republican standby, "moneys borrowed from future generations of Americans." Why does that matter now, Mr. Boehner, Mr. Pence, Mr. Cantor and Mr. David? Why now? It has never carried any brevity before President Obama came into office. It certainly didn't matter a hoot and a holler when the Banks came begging, so why all of a sudden do long term Republicans have complaints about borrowing monies from future generations. Answer that first and THEN it might actually be a legitimate question.

So, like the four of you asked President Obama, "Where are the jobs?" I don't see one constructive proposal yet.

Here is a reminder. Small businesses are the work engine of new jobs. AHhhhh, yes, small businesses. Where are they, Pence, Boehner, Cantor and David? Where are the loans that small businesses need to facilitate their ability to expand and hire new people? You know, HIRE, new jobs? Because the Banks that came begging, that you borrowed monies from future generations of Americans, have never (THAT WAS NEVER) provided the loans the nation's small businesses needed. We, the little people, thought it would be coming when those monies were borrowed from future generations. But, it hasn't. Now President Obama has to supply even more monies which will increase the deficit to provide loans to small businesses IN HOPES that jobs will be forthcoming.

I really don't think there is anything worthwhile in this letter regarding Republican proposals to increase job growth. There isn't one proposal here. Not one. Not yet.

The four congressmen that composed this letter have lied. They stated the government is not the place where jobs take place. That is a lie. It may not be the place where Republicans WANT the jobs to come from, but, to state the government is NOT the place where jobs occur is a lie.

The stimulus saved jobs in government across the board where it could be applied immediately to federal spending. That is the truth. It not only saved jobs, but, much needed repair due to past neglect (as an example) to National Parks have actually filled jobs and/or created same.

In addition, I can go to the site for the Department of Labor and find a lot of unfilled jobs. Jobs that, when filled, will help the US Labor Department function better to assist the nation in its need. Those jobs at the USA Labor Department are good paying jobs, too. They require many high level skills. I am sorry to see there are so many, actually, but the jobs are there and Americans should look for them and apply.

Maybe Americans have gotten use to the idea that government doesn't hire from the Bush years and vacancies go unfilled. But, these federal departments are hiring now.

So to say government is NOT the place where jobs occur is completely a lie. As a matter of fact, when we spend monies on government we KNOW ABSOLUTELY there are going to be jobs, that is not necessarily the case with small businesses although we hope it is.

As a matter of fact, and forgive me for rambling on, jobs from small businesses won't happen immediately as they FIRST have to recover from losses during the economic downturn.

AND.

Sometimes it is now hard to find small businesses to expand because they were forced into default after the Great Recession of 2008.

So, I'll take the government jobs for now and know the demands of those employees to the government will bring demands for start up small businesses and cause (THAT WAS CAUSE) their return to our economy.

Wow, that was a lot of writing. Yep.

Oh, now the four congressmen are gong to bash President Obama. They are ridiculing his agenda. You know, health care, global warming and an energy tax.

Well, that is status quo. No ideas about creating jobs and plenty of Obama Bashing along with sincere and out right lies. Because the four congressmen state, the monies that went to government froze out small businesses. No. That is not the case. The people believed once the bank bailout was enacted the LOAN departments used by small businesses would open their doors again. THAT is the real issue here, isn't it? But, because it doesn't serve the political agenda of the Republicans a NEW REALITY has to be proposed.

The four congressimen go on to criticize President Obama for not listening to the Congressional Budget Office Director, Mr. Douglas Holtz Eakin. Okay? Look at this:

Republicans Assail President Obama Meeting with Congressional Budget Office Director As Inappropriate (click here)

July 22, 2009 12:13 PM

Basically, President Obama is damned if he does and damned if he doesn't. If he meets with the CBO director it is bashed, if he doesn't do as the COB director (as stated here) states he should do he is bashed anyway,

Enough.

Cute stuff they pull. When is President Obama and the Congressional Democrats going to learn that working with Republicans is like Daniel in the lions den? When? Another year from now? Two? When, are Democrats going to learn that their agenda is completely meaningless to these men and women. Americans already know we don't mean anything to them, we are just waiting for Democratic lawmakers to catch on. Like what happens when they go to Washington anyway? They really don't 'get it.'

The letter goes on to make no proposals. It only discusses the supposed legislation that was given to President Obama. More comments about that in a minute.

The bottom line to this mess from the Republicans is something called the House GOP Economic Recovery Solutions Group. They have more websites than they have content. When I went to the website for it, this is what I found. I'll look again as I may have missed something. At THIS website I am not getting a link behind the text. I click on the phrase "read more" and then I get a page that states, "The system cannot find the file specified." Second thoughts? Simply a bad idea?

House Republican Economic Recovery Plan (click here)

The one PDF I did find is something called "Better Solutions, a compilation of GOP alternatives."

What I am going to do is read through it, take notes and finish this entry. However, I have something else to say about the way these Republicans approach the President.

The President isn't the place to propose legislation. He is the Executive Branch. You folks are suppose to write bills and submit them for consideration to the House of Representatives. What do the Republicans expect to happen? For the President to sign the 'Better Solutions' book? An autograph? Is that what these folks are looking for? No? Simply grandstanding.

I'll be back.

The PDF I read says nearly the same thing as the document to the link at the title to this entry, except, it is not as hostile in its verbiage. Another thing about verbs. The GOP tends to use a lot of 'reflexive verbs' and that creates a 'no opposition' bottom line to their perspective. It is more or less a tactic. Reflexive verbs are from romance languages.

That said as a bit of trivia and to note how one says things actually 'constructs' a format for debate-less politics and having Republicans always appear authoritative and singly directed.

But, that said, there are a few proposals within this effort by Republicans, none of which were necessary to take to the President's desk. They did so to grandstand for their cronies and constituents. This is another 'Contract with America' effort, but, in a different package. The Republicans both in verbiage and actions want to appear to have the upper hand, better ideas and control of government. It is a hostile stance.

But, to take these proposals one by one:

Here are some of the verbiage that really does not translate into real proposals, "Self Imposed Obstacles such as increased taxes, new government regulations and government mandates and Restore Confidence by a freeze on discretionary spending.

If any Democrat was thinking this 'freeze' was outside the 'character' of the President, it is.

It is a Republican idea.


So when people like BECK want to ridicule President Obama for freezing discretionary spending at inflated rates, they should realize this was a bipartisan effort by the President. The responsibility for this one belongs to the Republicans. Glenn Beck and all the other naysayers don't read for a living evidently.


The verbiage which states, "Self Imposed Obstacles and Restore Confidence" is rhetoric. It is unkind and simply "W"rong. So, I am going to set all that aside because in discussing the economy it has no meaning. Those are insulting political constructs.

The freeze is stated to save $53 billion. Okay. Done. Now, the Republicans have to return to the House and see their legislation stays in the President's proposal.

Bipartisanship. Obama. I don't want to hear it anymore.

The Republicans want to change depreciation schedules on commercial real estate.

Not homes, but, commercial real estate.

Currently the depreciation schedule is 37 years, I believe. The Republicans want to change it to 20 years or less. That would mean commercial real estate, such as the Goldman Sachs towers in NYC would be able to have less taxes to pay if their real estate were depreciated more quickly. Along with that fact it would increase the deductions on those buildings where commercial income is conducted.

The government loses on this all the way around.

The depreciation rate on homes is 27.5 years.

I don't think it is a bad proposal, but, it increases wealth to businesses and does not necessarily generate jobs. I don't see a depreciation schedule of 20 years either so much as the same as homes receive of 27.5 years. The 20 year schedule is too drastic and destructive to any local tax base as well because it will be argued in court that if the federal government sees depreciation that way then local municipalities have to see it that way as well. It will hurt local governments and schools almost immediately.
I don't like the depreciation schedule reduced to that extent.

27.5 and no more. At this time it would mean the federal government would also have to protect communities if their tax base was reduced by this new schedule. The Republicans did not propose this with 'Pay Go' in mind either. So, they need to work on it. I also believe there should be a sun-downing provision as well.

They want to restructure unemployment to include "Reemployment and Eligibility Assessment." That is being done in some states and the Republicans noted that in their statement, however, what sometimes happens with such issues are relocation issues and it isn't as successful as one might think. If a spouse is gainfully employed and a person is assessed to take a job elsewhere that creates issues. I think it can be a good measure, but, one has to realize most state governments are stressed to the max in regard to administering unemployment and adding more administrative costs to their responsibility again means finding ways to pay for it. Pay-Go again.

The like a program called "Georgia Works." It is where recipients of unemployment are placed to work with existing employers. It is similar to the "Work Fare" dynamic with welfare. It can be helpful, I suppose. It is a 'try it and like it' six week program. Employers hire an unemployed person for six weeks and then decide if they want to keep them on the payroll.

I see a few issues.

To begin it removes the unemployed from the job market. It doesn't allow for time to look for work. It doesn't necessarily match candidate with their abilities either. Add to that employers could treat this as a 'revolving door' kind of thing. If employees are subsidized by the State in their salary it gives a fiscal break to employers. Why not just continue to disapprove of candidates and have the State supply temporary employees all the time.

Georgia Work$ (GW$) (click here)

In order for this to really be successful as a training program, the employers have to agree to hire a certain number of the people that come to work for them and I would think these employers would also have health insurance benefits.

Suspend Federal Unemployment Tax. NO, with a capital N. It increases the deficit. And you have to love this part, they want to fund it by using the "Improper government payment dollars."

White House: $98 billion in bad payments (click here)

The federal government made $98 billion in improper government payments in 2009, budget director Orszag says.

It isn't enough that the federal government has made $98 billion in bad payments, the Republicans want to treat it as part of the budget and fund the federal unemployment tax with it. Those monies are suppose to go to reduce the national debt. Spend it? No and to even consider that as a potential 'Pay-Go' deal is outrageous. It is unethical and immoral. That is like stealing money from the people of the USA.

The Republicans want to remove unnecessary barriers to domestic energy production. In other words, all the regulations that protect consumers and citizens (not necessarily the same thing) from exploitive and dangerous practices are suppose to be sacrificed even further in HOPES there will be more jobs created.

NO! And I don't care if they 'window dressed' it with alternative energies either. Regulations are important and they need to stay the way they are. Republicans always assume that regulations cost companies money. In the long run, they save money because they prevent disasters and the monies the federal government has to spend to pick up after them. Regulations also save lives and I am not willing to risk citizen's lives for the 'idea' there MIGHT be an increased job base. Absolutely not. If one death occurred from such an action it would be horrible and preventable and there is no way I see this as a moral directive by any government, federal or otherwise. Absolutely not.

The Republicans want to AGAIN repatriate earnings into the USA from companies with foreign income/operations. That is reducing corporate tax burden and it increases the national debt. Bush did this and it is noted in the letter, however, there is nothing to say anywhere that I read that it would happen the same way. There are no jobs created by that either, that income is from overseas and actually in my opinion undermines the American worker. It might bring a few billion US to the treasury, but, it does nothing to prevent companies from moving jobs out of the country and COSTING jobs in the USA. I don't believe it is a good idea. It will encourage outsourcing. I don't see it as a job incentive at all. It is not worth the few billion it may or may not generate.

This proposal to increase exports probably has some merit. The Republicans state there are three free trade agreements pending that would generate 1% increase in exports and that translates directly into jobs.

December 12, 2008

I have not researched this a great deal, but, it sounds like something the President alluded to and the Republicans should take this forward to the House legislation to include in the budget if there are enough members of the House that see this as benevolent to the country.

Some of the negative rhetoric in the letter is simply that. Small businesses were left out of the recovery picture by the banks. That is a fact. The Republicans have to stop blaming the Stimulus package as unsuccessful because it didn't close this gap. One has to first realize there is a gap before it can be closed. The President and his financial team lived up to their word in not dominating the decision making at corporate headquarters. The USA was stiffed by the banks that received the monies from the bailout and we all know it. We have had to reorient ourselves to that reality and act in support of small businesses.

I believe all the negative rhetoric is a form of hatred and it needs to stop. That is the long and short of it for jobs by the Republicans and I am deeply grateful the American people were not left in their hands after the global economic collapse of 2008. Deeply grateful. We have a great President. He helped us a great deal.

Tomorrow.

Boycott the Super Bowl. No TV, No attendance, No radio, No souvenir, No nothing.



Scott Roeder (click here)

THE NATURE OF RELIGIOUS BIGOTRY (click here)

Matthew Shepard Foundation (click here)

Not because it is ProLife, but, it violates Civil Rights in the USA. The organizers of the Super Bowl that will take place this Sunday have refused to carry ads from other 'civic minded' groups. They are also NOT carrying the life histories of other players.

There is no equity in how the organizers are conducting their merchandising. I don't believe 'first come, first served' is appropriate when the content is intended to sawy political issues. On every venue of journalism there are demands for equal time. The 'faux' ad on Sunday will bring a 'paid for TV political ad' to the screen without equal time allowed for those that feel differently.

The organizers of the Super Bowl are breaking laws in the USA and allowing 'favored' status to a particular political issue.

The groups most effected by these hostile actions should be filing for injunctions at the very least. Besides the obvious hostility toward women, the religious preference is nothing but dangerous. I oppose the political use of any sports event where there are Americans from every cultural and religious background being exposed to such bigotry.

While the player mentioned as more important to the game by the fact that he simply breaths and lives might have an interesting story, the only reality that comes across to me is that he beat the odds. Fine, other don't.



Gloria Allred Says Tim Tebow’s Super Bowl Ad ‘Misleading Advertising’ (click here)

...He is also a devout evangelical Christian who has spent his college years endlessly bible-thumping and proselytizing about God. And he is famous for his Jesus eye patches, which he inscribes with biblical verse numbers, before every game. Now, Tebow and his missionary mother Pam, are at the center of a Super Bowl advertising controversy, which has raised the sensitive issues of mixing religion and sports and the appropriateness of airing divisive advocacy ads, during the Super Bowl....

Sunday, January 31, 2010

The Plans Repbulicans Make...regarding budget.



I'll work through the RNC website first. The Republicans like to compose very short documents so hopefully all this won't take longer than a day or two.

The fact their documents are short exposes them to corruption. The less specific a bill is when passed into law the more loopholes there are and the Republicans love to produce faux legislation to silence the public while leaving huge gaps of understanding in the law so lawyers can circumvent the intended purpose.

It is why Republicans hate the EPA. The EPA works with specific elements, compounds and specific measured amounts. When the EPA makes a ruling regardless of party affiliation it carries brevity because of the specific way in which the toxins manifest.

Republicans are horrible legislators and never really achieve anything for citizens. It is just a fact.

"And an alternative budget that cuts wasteful spending and reducing growth in the deficit."

Before I even go over their talking points as listed on their website, reducing the growth of the deficit (different from debt) is done by growing the tax base. This is the way things work. It is not an artificial propagandized methodology, it is the way things work.

Example: A family has two children with the birth of a baby. Up to that point the family consisted of two adults, a dog, a cat and a child. The income for the family provided for all those members and a savings to a bank account of $200.00 per month.

The addition of a second child was a welcome event, but, would absorb the $200.00 per month savings and require another income to the family as the child grows and fiscal requirements grow along the way. Therefore, one of the parents will seek an additional income to help support the family and to continue to save for college. They will invest in a life insurance policy with the new child and will seek to have a wider income base for the support of the the second child.

THAT, is reality. It is how things work. All to often, a home will have to be expanded or a larger one purchased as a family grows. That is reality. It is the way things work. While the federal or state governments have options that families don't necessarily have, it is clearly the way things work. As a population grows and has needs the economy surrounding those folks increase. The demand for services increase as provided by the governments from local to federal and the way those services are provided is by increasing the tax base.

The BEST way to increase the tax base is to increase those employed and paying taxes. What occurs over time is that as job growth takes place and the tax base increases it will out-pace the spending required for services rendered by the government. It is then that tax cuts can occur. If one recalls that occurred in the USA during the Clinton White House. There was a tax surplus. That was achieved when the tax base 'income' out paced the expenses of the federal government.

The surplus was not given back to the country by the Clinton White House because it saw bigger problems looming such as Social Security and Health Care and prescription needs of citizens. The Clinton White House also viewed issues with infrastructure seriously and that also included high emissions of carbon dioxide. So, before simply 'buying votes' and giving folks money back from the surplus; the administration would provide for the next administration to receive the treasury surplus and examine the best venue of change for the country before cutting taxes and/or building new infrastructure.

Well, we all know what happened there and look where we are today.

But, that is the way a government is suppose to achieve a balanced budget through widening a the tax base. That might include bettering the education of the average citizen, encouraging small business growth or all of it.

What always occurs in a household is a prudent look at 'the budget.' Often families can find better venues for spending their monies and achieving the same quality of life. Choosing a different college or purchasing a different car with better gas mileage are all legitimate ways a household would 'adjust' their budget while maintain the same or better quality of life. As children grow options in entertainment change and they don't need some of the toys they used to have, but, it has been my experience that children never become cheaper to raise as they grow up, but, they can be employed in part time employment if their grades in school are good. Those are all coping mechanisms that are part of a household budget.

The governments from local to federal often don't have those options. In the case of the federal budget, when spending is passed in legislation it has to be paid for, either immediately or over time. So, the federal budget, most state budgets and to some extent local governments are sometimes 'hard wired' to prior legislative commitments in spending. So, government budgets aren't always easy to wittle down and without prudent insight to the way tax bases can be expanded in realistic way, the spending can be a sincere burden.

The bottom line here is that as time goes by every budget needs to be examined for hideous spending such as "TV Marti" with removal of such spending. That aspect of the federal, state or local governments can be achieved through a legislative measure that maps out exactly what is prudent spending and sustainable spending and wasteful spending. Certainly an aspect of wasteful spending is when a program does not achieve its goals. TV Marti is a primary example of complete an abject failure of a program intended to bring American values to the people of Cuba. In all honesty, it is questionable as to it even causing diplomatic problems, so wasteful spending can be qualified in a variety of ways, but, when a program does not meet its goal it would be eliminated from the budget.

So, with that introduction I'll look at the Republican Website and read their talking points and I have not done that before now. I do have a life and I like to live it occasionally and not be fixed to a computer.

"
Republicans set forth a budget alternative that embraced fiscal discipline, lower taxes and smaller government."

Not a thing "W"rong with fiscal discipline the Democrats have been practicing it a long time and maybe the Republicans have learned something. The Democrats have embraced 'Pay Go' and they had balanced the cost of Health Care Reform that over time would not only spare cost to the national Deficit, but, also pay down the National Debt. Fiscal discipline should be a venue for all elected officials at all levels of government. Just because the numbers are bigger doesn't mean the spending is any less prudent.

Lower taxes are fine IF they are appropriate and not just propaganda. Lowering taxes has its place and doesn't always apply to the 'times' or 'circumstances' the USA finds itself. Tax cuts have TO WORK WITH fiscal discipline. If it is appropriate that tax cuts work with paying down the National Debt in a reasonable period of time that DOESN'T increase it unreasonably due to 'interest paid' on the debt' then by all means' tax cuts should be instituted. Tax cuts can add to citizen's savings, disposable income and has the ability to grow the economy. But, where tax cuts are actually harmful is if it prolongs the paying of the National Debt and the debt begins to double, triple or any other multiple because the country is not paying it down but accumulating instead high interest rates. Simply paying off the interest every year is NOT responsible government. It might delay default, but, it is irresponsible government.

I want to add something about a prior entry while I am thinking about it. The disability issue with the elderly. It has nothing to do with them already having Medicare, Medicaid or Prescription medications, it has to do with either living alone and independently, not seeing the doctor often enough which is all about the same thing, "Lack of oversight" of our elderly. In realizing the poor condition they are in, we have to address it by having local social workers, Bachelor level preparation, pay visits to 'at risk' seniors and that 'at risk' can be garnered from the study that was performed. It means expanding our government infrastructure to help better outcomes for the folks at home and alone. Where seniors are already living in assisted living or skilled nursing facilities THAT is neglect. It is due to very poor government oversight. There is absolutely no excuse for such abuse of our seniors.

Smaller government. Sorry, but, that is silly statement. It is undefined as to what smaller government actually is. When the Republicans can clearly state what they mean by smaller government and not simply use it as rhetoric, then they need to be specific. Smaller government can be dangerous to citizens and the emerging reality of our elderly is a specific example of how shrinking government for the sake of carrying out campaign promises can be dangerous. When candidates state they will make government smaller they need to be specific and provide information they have garnered through either examples of meaningless government as it sincerely exists or studies that promote downsizing government.

To simply state they intend to have smaller government is a meaningless statement of rhetoric and can ultimately cost citizens problems, including job loss and where it impacts on such services to the elderly it could lead to disability through oversight and neglect. It isn't enough to state a candidate believes in smaller government, it has to be specific.

"Debt:
The Republican plan borrows $3.6 trillion less than the Obama Administration's budget."

Here again that is rhetorical. The Republican plan borrows $3.6 billion less, but, where, what services will be effected, will that place citizens are risk or what? That statement is completely meaningless and maybe as I work through the remainder of the postings it might manifest a meaning, but, to simply make that statement is hideous.

If I were placing content I would be more specific. Example: The Republican plan borrows $3.6 trillion less by eliminating the USA military spending on nuclear weapon technology or on 'shield research.'

That by the way is still unattainable. The missile shield. Part of what the Russia get bent out of shape about is the successful shot the USA make to destroy a falling satellite. Remember that? Back in March of 2008, the genius at Raytheon actually was successful in providing a technology that shot down a toxic satellite over Earth. THAT is what has Russia all upset. They don't realize that 'targeting' one satellite is grossly different than targeting multiple warheads. But, they have a right to be upset I guess.

But, getting back to the trillions that the Republicans state they would not apply to the budget has to be clear and concise, not just rhetorical. Voters have rights. They have a right to specifics from their candidates and not simply 'one minute sound bits.'

"Total Spending:
Over 10 years, the Republican plan spends $4.8 trillion less than the President's budget. Also, spending falls to 20.7% of GDP--about the historical average."

Specifics. Not at all mentioned or is there a link to areas that are specific. It is my view as the debt ceiling is raised the historical average gets to be ridiculous. Currently the Obama Administration is stating, as well as the government budget office, that in that same period of time it is estimated the budget will be about 25%. That is understandable considering what we have just been through. Recovering from complete fiscal collapse is not a simple issue.

The economic collapse of 2008 effected the people of the USA far more than it effected the banking industry. People have lost their jobs. If President Obama didn't set the country on a different path to create new infrastructure we would still be floundering with where people would eventually find jobs. The infrastructure that the Bush administration supported was a false infrastructure and relied very heavily on building construction. That is gone now. What exists, instead of too few buildings for commercial and residential use, are too many.

Excuse me, I'll be back.

Now, let me see. There is also an inconsistency in the 'borrowing' statement and the 'spending' statement. Assuming, and there are a lot of assumptions to be made here, that the figures the Republicans are noting is annual fiscal year amounts, there is a difference in the amount of $1.2 trillion between those two quantities. The math is a little odd. The Republicans are stating their spending is $4.8 trillion less. but, their borrowing is only $3.8 trillion less. Hm. That must mean there is $1 trillion income somewhere. They make no assertions that $1 trillion income would be returned to the taxpayer, what they later go on to state is that they plan to suspend the capital gains tax through 2010, reduces corporate tax rates from 39% (second highest in the industrialized world - where is proof of that, I would like to look at that assertion as well and discern its accuracy) to 25%.

There is an issue here too, that leads to insensitivity to economic stability.

Let's say Republicans cut spending by $4.8 trillion for whatever programs or spending they deem unimportant. Whom, if anyone will be effected and what will that do to the economy at this point in time? We have already noted how the Department of Labor is targeting unemployment and spending on programs to retrain or stimulate employment with the folks that are jobless. What exactly is being cut out of the budget or simply not being spent that would NOT effect a poor outcome to that reduction?

In other words, if the federal government were to scale back its spending at this point what is that going to mean to the jobless rate and how do the Republicans intend to compensate for that. Out of work Americans are out of work Americans and we don't need to make it worse. I would think a slow transition to reduce spending at this point is a far better approach than abrupt changes.


"Discretionary Spending:
The Republican plan freezes nondefense discretionary spending in 2010-14 and allows for moderate increases through 2019."

Here again there are no specifics and the freeze begins with this year. Now, according to the complaints I have heard regarding President Obama's statements in the State of the Union address, the freeze was not a good thing. There were complaints to President Obama that spending cuts at this point in time would hurt the recovery.

Now, that says a few things to me. To begin those that criticize the President for these cuts actually do believe there is a recovery occurring. THAT is something we never hear from critics is that they actually recognize a recovery is occurring. That is an inconsistency in rhetoric the President's critics exhibit.

The other aspect to this is that in reply to his critics President Obama stated, the recovery was to continue with the freeze starting with the 2011 fiscal year. That isn't what is being stated here UNLESS, the Republicans are simply playing a 'slight of hand' and stating 2010 realizing the fiscal year 2011 begins in 2010. That is playing with semantics and it is a corrupt practice. Either state what is meant or get out of the game.

What also needs to be discussed in all this is what about lowering the debt ceiling. We have witnessed raises in the debt ceiling every year of the Bush White House and now it has continued because all that has lead to an economic collapse in the USA which required Congress to continue in that venue, regardless of their desire to halt the increases or roll them back. Currently, Congress is FORCED to raise the debt ceiling because of the HUGE fiscal irresponsibility of the Bush Administration and Republican Congress. Like, when does that stop and when is the debt ceiling rolled back to Pre-Bush years while the USA treasury is returned its surplus?

Everyone complains about the bank bailout and how those monies have to be paid back, but, when does the wild spending of the Bush years get paid back and the debt ceiling reduced. There is nothing here that does it. So much for fiscally responsible Republicans. They would like to play another slight of hand here and leave the debt ceiling where it is so they can say they aren't spending more than before and continue to exploit the taxpayer as they did in the Bush years.

When President Obama brings the troops home there is no excuse for fiscal irresponsibility. For nearly a decade we heard, "We are nation at war," as an excuse for everything from invasion of privacy to spending, spending and more spending. At what point will the defense spending stop and the budget and national debt stop reflecting all this irresponsibility. Another thing the Republicans don't care about ARE our returning troops. One of the stark realities President Obama is aware of is the joblessness of troops after they have finished their service to the country. With all these cuts where are returning troops going to find jobs and/or training? I suppose they should just be dropped off in an abyss as well.

"Entitlement Spending:
While the Democrat budget increases entitlement spending by $1.4 trillion over ten years, the Republican plan slows the average annual growth in mandatory spending from 5.3% to 3.9%."

This is an illegitimate analogy. It states the Democrat budget increases by $1.4 trillion over ten years, YET, the Republicans are going to hold spending to 5.3% to 3.9%. Those do not equate. The Republicans need to express their spending in the same manner the Democrats are stated. If Republicans are stating their numbers in percentage (which is a very fluid dimension) then the Democrats need to be addressed the same way. If the Republicans are stating specifically the Dems are increasing spending by $1.4 trillion (a far more specific measure) then the Republicans need to make their spending statements in specific dollars.

US Entitlement Spending Chart (click here)

When the Republicans state they will hold entitlement spending to a percentage then what year exactly are they referring to? Is that 5.3% to 3.9% of the entitlement spending of 2008, 2009 or 2020 (which is ten years out) ? Because depending on what specifically the Republicans are referring to changes the amounts of monies these percentages represent. The 5.3% of the 2009 amount is $81.62 billion US or said differently is .08162 trillion annually, but, over ten years that would be $816.2 billion. The 5.3% of the entitlement year 2013 is $116.6 billion annually and over ten years that would amount to $1.17 trillion US (if it is rounded off). Then if that is extrapolated to 2020, the amount the Republicans would be spending on entitlements over ten years at a rate of 5.3% increase even tops the estimates of the Democrats.

The Republicans are manipulative. To be manipulative is to be dishonest. Their excuse frequently for being manipulative is that the electorate just can't understand figures that large and can't begin to understand how all that is spent. The Republicans NEVER state they are going to account for that spending either.

THAT is a huge issue with Republicans. They are untrustworthy. No different than the dishonest campaign Scott Brown ran in Massachusetts. He misrepresented himself by manipulating his image. THAT is an issue with Republicans. It is a manner of trustworthiness. If former Governor Mitt Romney can appear at the podium the night of Mr. Brown's election, then he should have appeared there long before that moment, but, he didn't. He didn't because it would have caused a liability to Mr. Brown. That is manipulation. No different than his 'aloneness' in his image to the electorate leaving his friends and family out. I already don't trust the guy. He give me absolutely no reason to. He stated, "I'll be the 41st no vote." He states that long before he is able to cast a vote and not even knowing what he is voting no for. Will he vote no for military funding? They lie and leave the electorate that placed them in office to figure out why they thought differently before he took office.

This is just another example of how untrustworthy they are as a party. They manipulate. 5.3 and 3.9 look far smaller than $1.4 billion. Yet, it isn't smaller at all. I simply cannot trust them enough to 'in good conscience' cast my vote their way.

And do I want to have to be doing this today? No. But, because they are as corrupt and manipulative as they are I am forced to 'deal with' their lies and deceptions. This is not the best use of my time today, but, I'll do it anyway, otherwise, who knows what lies ahead for me or my family?

"Long Term:
Under the President's budget the national debt exceeds 100% of GDP in 2030. By contrast, the Republican plan gains control of the debt, by never exceeding 75% of GDP over the next 75 years. It also begins reforms to ensure the federal government can meet the mission of health and retirement security, extending the American legacy of leaving the next generation better off."

I take issue with that statement. It is simply unrealistic and assumes nothing will change in the USA between today and 2030. It is simply a stupid analogy.

Country Comparison :: Public debt (click here)


The chart at this link shows 'public debt' of most countries on Earth. It is stated in percentages based on the 'native currency' of that nation. It is not stated in relation to one particular currency which would require 'an exchange rate' and exchange rates change daily if not hourly or more.

Kindly note, Japan has a national debt of 192.10 percent of their GDP. That is in yens. The USA has a more diverse economy than Japan, large population and more capacity to have an economy that can be less than nearly 200% of its GDP. Japan is still viable and still a part of the global economy of Earth. It isn't going away, nor is it so poor its citizens are starving. I just wanted to put a perspective on this mess the Republicans are trying to make into some kind of wedge issue. Japan is rated second on this list.

In the year 2009, the USA is ranked 66th on the list. With a debt percentage of 39.70. The zero after the 7 is important. I states the figure one is looking at is accurate to the last digit before the zero. So, that figure of 39.70 is completely accurate to 39.7% because of the placement of the zero.

France is ranked at 16, Germany at 17, Canada at 20, the UK at 22, India is 31, the world is ranked at an average that falls in at 42 (which gives perspective to each nation's ranking), the UAE is 53, Mexico is 64, Saudi Arabia is 102, China is 109 and Russia falls in at the least debt in GDP of all the majors at 124 with a percentage of 6.90.

The Russian people receive national health care, by the way. They also need to improve in their performance when it comes to their nation's overall health, but, the current President is making it more of a priority to work on social issues that contribute to ill health in Russia. But, to look at their health care system overall it was about 7% of the GDP
in the 1960s and that has dropped to about 3% now. But, percentages are tricky. Just because a percentage goes down doesn't mean spending goes down, it might mean the national GDP has gone up. But, it is a known fact that will decreased spending the nation's health care performance is not necessarily what it has been or should be considering its first world status.

Okay, then.

The point is that percentage of GDP is not 'all that.' We have just come through a horrible recession and we are still rebuilding to facilitate more jobs to the Middle Class and Working Class (which are not necessarily the same thing all the time). There is going to be a change in the percentage of the GDP for the USA. There was a huge drop in jobs and income from the 2008 global collapse which means a far smaller tax base. The remedy for that 'crash' of 2008 is spending. We have to spend our way out of the recession and given the fact the banking sector is NOT helping the USA with its regrowth, that increase in spending falsl right on the backs of the people and results in higher deficits to the federal government. Probably states and locals as well.

So, the issue of PERCENTAGES gets really interesting with a shrinking tax base and increased demand for spending. I would expect the percentages to change and perhaps change dramatically. But, I would not expect it to be a straight line graph of increase into 2030 and the statement by the Republicans regarding that issue is simply politics. It is stupid politics as no leader of the USA is going to spend those percentages and the only realistic way that would occur is if there is a return to stupid government policies that allows the 2008 recession to repeat itself. Well, wouldn't that be fun, huh?

To put this mess into complete perspective, I was reading before that the 'interest' we are now paying on our National Debt is about ONE PERCENT of the GDP. That was by the Government Accounting Office.

"Taxes:
While President Obama's budget punishes investors by increasing taxes by $1.15 trillion, the Republican plan provides tax incentives to use private capital, not taxpayer dollars, to unlock credit markets and encourage private sector investment and job growth. The Republican plan also suspends the capital gains tax through 2010, reduces corporate tax rates from 39% (second highest in the industrialized world) to 25%, and produces 2.1 million more jobs than the President's plan in the fifth year of the budget."

President Obama is NOT punishing anyone. He is, however, trying to bring balance back to the American people when it comes to the tax structure. That statement regarding President Obama punishing investors is a really unfortunate statement by the RNC. It shows clearly whom they favor and whom they don't.

I know the people of the USA have a conscience. Regardless of their religious affiliation or the lack of it, the people of the USA are highly moral people. If they get upset about Haiti, then they get upset about people without health care. They also get upset to realize the Working Class is giving up more of their income to support their governments than anyone else. It isn't right that those that have wealth not only keep it but cost the average American the chance to better their status.

The moneys that run the governments of the USA have to come from somewhere. Money, unfortunately, does not grow on trees. The taxes paid to the USA treasury come from hard working Americans and those that also invest, but, the issue of who pays how much is fairly obvious. The more an entity makes in the USA the more of the burden of taxes they should carry.

"...the Republican plan provides tax incentives to use private capital, not taxpayer dollars, to unlock credit markets and encourage private sector investment and job growth...."

I wish the RNC would not insult the intelligence of the American people. Tax incentives means that is taxes not paid. Private capital is not the same as tax incentives. Therefore, private capital is implied to already exist in the people that would receive the tax incentives. If private capital exists already then why aren't they already investing it to create jobs? If a company or small business or individual sees an opportunity to grow their wealth by adding jobs to their bottom line, they would already be doing it.

Jobs, sustainable jobs is what the Obama Administration has as a goal. Not flash in the pan spending or jobs that occur because the National Debt increases because there are less taxes collected. A tax incentive belongs where it will achieve a national goal. Such as a tax credit for purchasing energy efficient appliances. The national goal it creates is Energy conservation and less need for power plants that burn coal and fossil fuels and nuclear fuel rods. That is a tax incentive that exists to achieve a national goal.

There is no reason to provide tax incentives to private capital to only create short lived jobs. Jobs BY DEFINITION should be more sustainable and increase the stability of the USA economy. Jobs should improve the lives of citizens, not degrade them. Jobs is not simply defined by a pay check , it has a dynamic and it needs protection and it is why unions are a good investment to anyone in the Working Class.

I have posted on this blog a study by Harvard regarding 'tax cuts,' 'tax incentives' or 'trickle down economics.' It is a known fact that this bastion of Republican ideology does not produce jobs or economic stability. It has its place, but, is not effective when the National Debt is increasing due to huge numbers while the tax base has shrunk. It is not appropriate at this time in the history of the USA to offer tax incentives to millionaires. Let me give an example.

Sound companies and investors don't need tax incentives to grow their business. Just last week we witnessed a USA company that didn't need a bailout and is now committing to more jobs in Chicago to expand their capacity to produce automobiles. That company is Ford. Ford didn't get a special deal or tax incentive. Ford took advantage of 'cheap money' and bought plenty of it when the time was right and they have come out on top.

That is the type of corporate leadership we want in the USA. It didn't take taxpayer money for Ford to expand their capacity and their 'bottom line.' USA corporations should be able to stand on their own. Tax incentives to produce jobs isn't guaranteed either. Somehow, the RNC and its ideology believes everytime there are tax cuts or tax incentives provided to investors 'Glenda the Good Witch' shows up and automatically corporations 'find the strategy to build more jobs in hopes their product line will sell more and their profits will increase.

Someone tell me that makes sense. It doesn't. I can understand how an entire industry might be looking at greater potential and ask the federal or state or local governments to provide tax incentives or tax cuts to allow them to expand when they know there is 'market share' that is not being tapped into. But, to have the philosophy that 'build it and they will come' to also allow for less income to the USA treasury is hideous. The Republicans always claim to know corporate needs better than the corporations themselves. It is nonsense.

"Energy:
Reducing U.S. dependence on foreign oil is a main priority of the Republican plan. Unlike the Obama Administration’s budget that imposes a national energy tax, this plan opens domestic resources to environmentally sound exploration and development, and encourages the development of carbon-free nuclear energy."

You'll excuse me, but, family calls. I'll be back later.

So much for getting through this mess in a day or two. It isn't because Republicans write a lot, it is because I do.

Okay then.

There is no such thing as Environmentally sound exploration and development of oil. There just isn't. To begin the carbon dioxide produced by oil when used is a pollutant. The carbon dioxide in the manufacture of gasoline is a pollutant. The toxins produced while drilling for oil is very polluting. The idea that 'safe' exploration of oil and gas can occur off the Atlantic seacoast is hideous. The Atlantic seacoast of the North American Plate has a fissure. I remind that Haiti has been experiencing enormous earthquakes as well as the entire movement regarding the North American plate.

Hello?

If those earthquakes result in a tsunami it will be just too bad for the Atlantic east coast, now won't it?

It isn't enough that the entire shelf may be shifting due to ice loss on the continent resulting in continental rebound, humans have to tamper with the fissure along the North American plate that causes more instability, more earthquakes and potential tsunamis.

Pollution. Hurricanes happen annually in the Atlantic as well.

Offshore Drilling Still Carries Risks Despite Industry Rhetoric

by David Ivanovich and Kristen Hays

Washington - When a Union Oil Co. well 6 miles off the California coast blew out in January 1969, an estimated 80,000 barrels of crude spewed into the Santa Barbara Channel - fouling beaches and marring the offshore industry's reputation.

With the nation now debating whether to open more areas offshore to oil and gas drilling, the oil industry can rightly claim it has avoided a repeat of that catastrophe, even as offshore activity has ballooned.

But offshore operators continue to spill thousands of barrels of oil, fuel and chemicals into federal waters each year, government records show.

"This is not a zero-risk proposition," said John Rogers Smith, an associate professor of petroleum engineering at Louisiana State University.

Offshore operators have had 40 spills greater than 1,000 barrels since 1964, including 13 in the last 10 years, according to data from the U.S. Minerals Management Service, which oversees exploration and production in federal waters.

Despite the industry's technological improvements and safety planning, offshore operators have struggled to cope with the hurricanes that blow through the Gulf of Mexico. Seven of the 13 recent larger spills were hurricane related....

The fact that the USA is moving away from gasoline driven engines doesn't mean there will be less oil drilling. It just means where the market for such products drops in the USA it will be sold elsewhere. So just because the USA consumers don't use the gasoline they at one time did, that doesn't mean they won't be squandering the natural resources that rightfully belong to future USA generations.

As far as 'foreign imports.' The 'idea' that the USA is 'at risk' because of imports from Arab nations is nonsense. It is all rhetoric and lies.

Canada (click here) remained the largest exporter of total petroleum in November, exporting 2.527 million barrels per day to the United States, which is an increase from last month (2.360 thousand barrels per day). The second largest exporter of total petroleum was Mexico with 1.083 million barrels per day.

Two of the three largest foreign imports into the USA are our neighbors to the north and south of the USA, Canada and Mexico. Canada comes in first, Mexico third with Saudi oil coming in second.

The fact is we only receive about 16.5% of our oil imports from Saudi Arabia. At hair bit less than 30% of the USA oil imports comes from the Middle East and that includes Iraq, Saudi Arabia, Algeria, Kuwait and Libya.

When alternative fuels including electric replace gasoline at the pump we won't need nearly that much oil and if we give 'favored' nation status to Canada and Mexico we'll have supported our neighbors which strengthens the alliance between all three countries.

So don't get caught up in the fact that drilling offshore of the USA is going to be meeting our domestic needs and replacing a lot of imports. That isn't the case. The domestic production will nearly be unnecessary in about 10 years when cars will no longer be around that need gasoline so much as hydrogen and electricity or an ethanol of some kind. Biodiesel will probably be the preferred fuel for semis.

All this mess the Republicans put out is simply to indulge the wealth merchants of oil cronies.

That is all that is.


Domestic production really isn't necessary.


It takes ten years or more simply to 'work' the investment and then once the investment is made and the leases sold, the oil has to be allowed to be pumped out of the ground in order to satisfy contracts. The oil that will be pumped out of East Coast oil deposits not only bring added danger of destabilizing the continental shelf fissure, but, also won't be necessary for the transportation needs or energy needs of the USA.


If the North Slope is drying up, so what. Oil is an antiquated fuel and it will definately be so in ten years.
There is nothing wrong with knowing the oil vats off our east coast, but, it is something entirely different when it is drilled that will destabilize the fissure, causing oil pollution and spills and it won't be needed in the USA about the time the oil companies will be extracting it. The entire 'idea' that oil production off the east coast as a good one is hideous in every sense of the word. So much for a smart Virginia governor.

And then there is nuclear energy. It is part of the American energy diet, but, it isn't safe if the depleted fuel rods issue can't be resolved. Talk about nightmares, if the people of the USA ever realized the maintenance problems of nuclear reactors in the USA it would make their hair stand on end.

Reactor Roulette (click here)

Fact Sheet on Reactor Pressure Vessel Issues (click here)

Embrittlement

Reactor pressure vessels, which contain the nuclear fuel in nuclear power plants, are made of thick steel plates that are welded together. Neutrons from the fuel in the reactor irradiate the vessel as the reactor is operated. This can embrittle the steel, or make it less tough, and less capable of withstanding flaws which may be present. Embrittlement usually occurs at a vessel’s “beltline,” that section of the vessel wall closest to the reactor fuel....

Ahhhh, yep !

I love solar panels and wind farms. I really do.

And there is absolutely no living being happier that Yccca Mountain is defunded than the beef cattle that grave from fields of grass where potential water runoff is an issue.

If one reads about the "Wahmonic Spring" (click here - first paragraph below title on page 36) near Yucca Mountain it is obvious there have been upwellings of water from beneath the surface to cause gypsum bearing sediment. That means that if there are springs in the area of Yucca Mountain where water comes up above the surface there is a strong possibility the same can happen when the mountain is insulted and its geologic integrity is changed.

What the study below is stating is that with any climate change to the region of Yucca Mountain will result in increased water infiltration rate. Link that data with the information above and what is evident is the fact there will be radioactive water upwelling from the mountain, especially in Climate Change venues of unpredictability. The study below ALSO does not account for overland flow (runoff, etc.) in any of these determinations.

Climatic Forecasting of Net Infiltration at Yucca Mountain Using Analogue Meteorological Data (click here)

Boris Faybishenko*

Earth Sciences Division, Lawrence Berkeley National Lab., Berkeley, CA 94720

Results of calculations show that net infiltration rates are expected to generally increase from the present-day climate... neglecting the effects of vegetation and surface runoff and run-on on a local scale, as well as possible anthropogenically induced climate changes.

The nuclear industry has an issue. The American people do not, but, the nuclear industry does. I doubt seriously they will ever solve it.

"Defense and Veterans:
House Republicans increased the President's budget for defense by $5 billion, reserved a $50 billion placeholder for unmet needs in the Department of Defense and, and fully funded the House-reported level for the Veterans’ Administration ($540-million increase over the President)."

That is an interesting statement, but, THEREFORE what?

The Democrats are spending too much on the military? Is that what the statement IMPLIES. If that is what it implies then it needs to say THE DEMOCRATS ARE SPENDING TOO MUCH ON THE MILITARY and this is why. I refuse to comment on a 'statement' that has no conclusion.

Good night.

Tomorrow.