We've here before with Wall Street, so what is going to happen this time?
The rules basically haven't changed. The banks are still playing with fire and their ? sophisticated ? tools of high finance, so, what is to become of the rest of us, again?
We aren't going to bail them out this time. We have begun growing our local economies in successful ways to make them more resilient to Wall Street ups and downs. We have auto industries that have recovered and provided real products to Americans demanding the very vehicles now in production. We are on far better ground than we were, however, the economy is softening in the USA due to lower government spending in ways that sincerely is irresponsible.
The housing market is doing better while our local economies and regional focus is making up a more solid baseline economy.
I don't buy the idea that all government spending, including irresponsible military spending, is good spending. I would much rather see a leaner and meaner military than we have today. We don't need nor do we want to have an ungainly military that can be called up on a whim to invade a country that is not a threat to the USA. There can never be another Iraq.
I find myself melancholy for the Clinton surplus. It would have secured the Earned Benefits of Social Security and Medicare. To that end I do not see a change in Washington, DC to the extremists of the Republican Party. They are real. They have successfully held the USA hostage and "The Sequester" is proof. We can't go there anymore. The extremists have no place in our federal government. They just don't.
We need to establish a new baseline for what is tolerated politically. Any message is not an acceptable message and social agendas for sexual antics has no place in the federal government. Women have rights and need choices. We have children that are vitally important to the future of this nation and I am not talking about under educated working for the military invading countries for their natural resources.
Which Iraq was, by the way. In case anyone got lost along the way, Iraq was never about WMD, it was about petroleum. Iraq was an oil war. The petroleum industries don't need us, they invade other nations to take natural resources while recruiting national leaders to turn their military against their own people. They really don't need the USA military to do the same. They manage to kill civilians without interruption of profits without our help.
But, what about the political dialogue of the USA? Did the Democrats lie about their national agenda over the past few decades? Did they?
Immigration. Did they lie?
The Climate Crisis. Did they lie?
The importance of the Middle Class. Did they lie?
The importance of Unions to support the importance of the Middle Class? Did they lie?
Education as a hallmark to the brain trust of the USA? Did the Democrats lie?
Immigration, did the Republicans lie?
The Climate Crisis, did the Republicans lie?
The importance of the Middle Class, did the Republicans lie?
The importance of Unions to support the Middle Class, did the Republicans lie?
Education as a hallmark to the brain trust of the USA, did the Republicans lie?
What the global economic crash of 2008 EXPOSED to the electorate of the USA was the fact the agenda of the Republicans were hostile to the national security of the USA. When a country as important as the USA is humming long because the global economy relies on that reality it is all too easy to have the electorate realize they are 'just fine the way things are.' The 2008 global economic collapsed proved the electorate of the USA cannot sit back and believe they are just fine, therefore nothing should change.
The bedrock of the USA has been and continues to be the controversial agenda of the Democratic Party. Sorry. It is the truth. We have EARNED BENEFITS in the way of SSI and Medicare that protect the elderly in the USA. It has served as a baseline economic support for the USA. So, while everything was falling apart in 2008, our elderly was protected and their spending continued on silly things such as tourism (local economies) and other Wall Street commodities such as utilities. The elderly even supported the real estate market with property taxes and rental incomes. They supported the medical industries, of which, never took a downturn.
The Democrats accept the mantle of the minorities and with President Obama in the White House civil rights continues to be a strong focus for our country. It is a integrity statement to the international community of any country seeking to include it's minorities as an agenda item. When a country addresses all it's problems it is a major delineation to what a responsible country does in it's sovereign state.
The Democrats are always called 'Tax and Spend.' Well, it would seem all too clearly if there is an economy to grow it has to come from the place where the money is printed. I don't see that Americans need to tolerate irresponsible spending and expanding an economy without purpose, but, when it comes to recovery and economic growth, the Democrats seem to understand it far better than the GOP. I mean, hello? The GOP's accomplishments up to 2008 and in holding the USA electorate hostage resulted in 200 more billionaires while the poor grows in leaps and bounds across this nation. That is a model we want the international community to emulate? That is not a national model we want for our own people. It is not an economic model that will secure the nation for the future of our children.
The 99% Generation is the first generation in the USA since the USA Constitution was written that graduated into unemployment. That is serious business. That is reality. That is not simply a dreamscape we can ignore in the elections of the country. It is palpable and we can't simply increase our tips on a dinner table to change that paradigm. Sorry, thing isn't it? To realize if we ask consumer to increase their tipping to waiters and waitresses we don't need to increase the minimum wage. That is like, what? The majority of our children are either Walmart shelf stockers or restaurant personnel or both in working two and three jobs. How did that happen? Where were we when all that occurred?
Is it 2008, yet? Again? Why do want to go back there? We need answers, not rhetoric and the GOP ain't it.
By Chris Dieterich
NEW YORK--U.S. stocks treaded water Monday (click here) after a rough day in the Chinese equity markets, and budget gridlock in Washington gave investors little incentive to buy.
The Dow Jones Industrial Average lost seven points, or 0.1%, to 14082 in afternoon trading on Monday. The Dow ended Friday less than 100 points below a record peak.
Major indexes pared early losses, pushing the Standard & Poor's 500 stock index into positive territory. The S&P 500 added one point, or less than 0.1%, to 1518 and the Nasdaq Composite Index gained one point, or 0.1%, to 3171.
In focus was China, where the Shanghai Composite slumped 3.7%, the biggest one-day percentage slide since August 2011. Losses came following Chinese government measures to curb rising home prices amid signs that the market is heating up. The new rules include higher down payments and mortgage rates on second homes in some cities, as well as a capital-gains tax on existing homes....
The rules basically haven't changed. The banks are still playing with fire and their ? sophisticated ? tools of high finance, so, what is to become of the rest of us, again?
We aren't going to bail them out this time. We have begun growing our local economies in successful ways to make them more resilient to Wall Street ups and downs. We have auto industries that have recovered and provided real products to Americans demanding the very vehicles now in production. We are on far better ground than we were, however, the economy is softening in the USA due to lower government spending in ways that sincerely is irresponsible.
The housing market is doing better while our local economies and regional focus is making up a more solid baseline economy.
I don't buy the idea that all government spending, including irresponsible military spending, is good spending. I would much rather see a leaner and meaner military than we have today. We don't need nor do we want to have an ungainly military that can be called up on a whim to invade a country that is not a threat to the USA. There can never be another Iraq.
I find myself melancholy for the Clinton surplus. It would have secured the Earned Benefits of Social Security and Medicare. To that end I do not see a change in Washington, DC to the extremists of the Republican Party. They are real. They have successfully held the USA hostage and "The Sequester" is proof. We can't go there anymore. The extremists have no place in our federal government. They just don't.
We need to establish a new baseline for what is tolerated politically. Any message is not an acceptable message and social agendas for sexual antics has no place in the federal government. Women have rights and need choices. We have children that are vitally important to the future of this nation and I am not talking about under educated working for the military invading countries for their natural resources.
Which Iraq was, by the way. In case anyone got lost along the way, Iraq was never about WMD, it was about petroleum. Iraq was an oil war. The petroleum industries don't need us, they invade other nations to take natural resources while recruiting national leaders to turn their military against their own people. They really don't need the USA military to do the same. They manage to kill civilians without interruption of profits without our help.
But, what about the political dialogue of the USA? Did the Democrats lie about their national agenda over the past few decades? Did they?
Immigration. Did they lie?
The Climate Crisis. Did they lie?
The importance of the Middle Class. Did they lie?
The importance of Unions to support the importance of the Middle Class? Did they lie?
Education as a hallmark to the brain trust of the USA? Did the Democrats lie?
Immigration, did the Republicans lie?
The Climate Crisis, did the Republicans lie?
The importance of the Middle Class, did the Republicans lie?
The importance of Unions to support the Middle Class, did the Republicans lie?
Education as a hallmark to the brain trust of the USA, did the Republicans lie?
What the global economic crash of 2008 EXPOSED to the electorate of the USA was the fact the agenda of the Republicans were hostile to the national security of the USA. When a country as important as the USA is humming long because the global economy relies on that reality it is all too easy to have the electorate realize they are 'just fine the way things are.' The 2008 global economic collapsed proved the electorate of the USA cannot sit back and believe they are just fine, therefore nothing should change.
The bedrock of the USA has been and continues to be the controversial agenda of the Democratic Party. Sorry. It is the truth. We have EARNED BENEFITS in the way of SSI and Medicare that protect the elderly in the USA. It has served as a baseline economic support for the USA. So, while everything was falling apart in 2008, our elderly was protected and their spending continued on silly things such as tourism (local economies) and other Wall Street commodities such as utilities. The elderly even supported the real estate market with property taxes and rental incomes. They supported the medical industries, of which, never took a downturn.
The Democrats accept the mantle of the minorities and with President Obama in the White House civil rights continues to be a strong focus for our country. It is a integrity statement to the international community of any country seeking to include it's minorities as an agenda item. When a country addresses all it's problems it is a major delineation to what a responsible country does in it's sovereign state.
The Democrats are always called 'Tax and Spend.' Well, it would seem all too clearly if there is an economy to grow it has to come from the place where the money is printed. I don't see that Americans need to tolerate irresponsible spending and expanding an economy without purpose, but, when it comes to recovery and economic growth, the Democrats seem to understand it far better than the GOP. I mean, hello? The GOP's accomplishments up to 2008 and in holding the USA electorate hostage resulted in 200 more billionaires while the poor grows in leaps and bounds across this nation. That is a model we want the international community to emulate? That is not a national model we want for our own people. It is not an economic model that will secure the nation for the future of our children.
The 99% Generation is the first generation in the USA since the USA Constitution was written that graduated into unemployment. That is serious business. That is reality. That is not simply a dreamscape we can ignore in the elections of the country. It is palpable and we can't simply increase our tips on a dinner table to change that paradigm. Sorry, thing isn't it? To realize if we ask consumer to increase their tipping to waiters and waitresses we don't need to increase the minimum wage. That is like, what? The majority of our children are either Walmart shelf stockers or restaurant personnel or both in working two and three jobs. How did that happen? Where were we when all that occurred?
Is it 2008, yet? Again? Why do want to go back there? We need answers, not rhetoric and the GOP ain't it.
By Chris Dieterich
NEW YORK--U.S. stocks treaded water Monday (click here) after a rough day in the Chinese equity markets, and budget gridlock in Washington gave investors little incentive to buy.
The Dow Jones Industrial Average lost seven points, or 0.1%, to 14082 in afternoon trading on Monday. The Dow ended Friday less than 100 points below a record peak.
Major indexes pared early losses, pushing the Standard & Poor's 500 stock index into positive territory. The S&P 500 added one point, or less than 0.1%, to 1518 and the Nasdaq Composite Index gained one point, or 0.1%, to 3171.
In focus was China, where the Shanghai Composite slumped 3.7%, the biggest one-day percentage slide since August 2011. Losses came following Chinese government measures to curb rising home prices amid signs that the market is heating up. The new rules include higher down payments and mortgage rates on second homes in some cities, as well as a capital-gains tax on existing homes....
