Posted by Bill on November 28, 2009 at 7:27 pm
Democrats, with their slim majority, are continually being called socialists by those within the Republican Party and anti-health care reform participants. The question is, are Democrats really socialists or are Republicans really Nazis?
At the writing of this post, the nations unemployment rate stands at 10.2%. This is certainly the highest unemployment rate the USA has seen in many years. At the present time 5.613 million Americans are drawing unemployment checks, and that does not count the millions that have left the accounting of this nation’s unemployment system.
Broader figures place the unemployment rate much higher then 10.2%. Even without the actual unemployed numbers, assume that each person drawing unemployment once supported a family of three. If that were the case, over 16 million lives have been impacted by a lack of money and jobs.
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Archived under Economy
Posted by Bill on February 12, 2009 at 10:33 pm
So the title of this post may catch some off guard as there is no “official” trade war. But has America really went to this unofficial war armed with fists to fight an enemy armed with tanks?
Democrats have been pushing an economic stimulus package that includes “buy American” provisions. Many Republicans are concerned such provisions would be the spark to ignite a trade war. You can read more about these buy American provisions here.
But the truth is America has laid down and surrendered well before the trade war ever started. Just look at the casualties - millions of Americans left unemployed and poisonous products made in China sitting on nearly every store shelf. Why would Republicans be concerned about igniting a trade war when we have been getting our butts whipped in the current trade war? Read the rest of this entry »
Archived under Economy
Posted by Bill on November 12, 2008 at 1:33 pm
With the troubling economy, many people are losing their jobs. It’s unfortunate, but Ohio has been in this situation much longer then the nation as a whole. Now this economic pinch is squeezing state unemployment budgets.
There is a growing fear that those receiving unemployment compensation in Ohio will be given IOU’s by the state, just in time for the holidays. According to a news story released today, Ohio may run out of funding for unemployment benefits by next month.
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Archived under Ohio
Posted by Bill on November 12, 2008 at 1:17 pm
I think in this recent election Republicans were put on notice by taxpayers - either get your act together and represent the people or lose your jobs.
I would like to take this opportunity to congratulate Barack Obama for being elected President. It is not only historic because of his heritage, but because he will take over at such a troubling time.
President Elect Obama has the potential to be one of the great Presidents this nation has ever seen. He will face many challenges left behind by Bush and his incompetent Administration. But if Obama can save this country, he will certainly become a hero to many working class Americans.
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Archived under Federal Government
Posted by Bill on October 15, 2008 at 11:53 pm
Most hard working blue collar workers agree that the $700 bailout, plus $100+ billion in pork, is not a solution to the crisis on Wall Street or main street. AIG is a perfect example of that.
Previously it was reported that AIG executives went on a lavish spa retreat after receiving $85 billion in a a taxpayer funded bailout. While people on main street are trying to feed their families and meet their difficult financial obligations, here comes AIG pissing money away on foot massages and aroma therapy. Read the rest of this entry »
Archived under Economy
Posted by Bill on September 23, 2008 at 4:44 pm
Like a racing horse with blinders on, The Bush Administration has blindly raced this country to near economic ruin. The Jockeys in this case are corporate America, led by their huge lobbying efforts over the years. From what we have witnessed over the course of the last eight years, we can not trust giving the Bush Administration $700 billion of our money.
First, let’s look at the Iraq War. Some will argue that there was or was not just cause for invading that country. Few will argue that Iraq was more stable, and less of a threat, under Saddam Hussein’s rule. Many billions of dollars later, Iraq is still unstable and now is home to more terrorists then ever before. Read the rest of this entry »
Archived under Economy
Posted by Bill on September 18, 2008 at 5:57 pm
Because of the economy, and many failed policy decisions by our politicians, not only big businesses like AIG and Bear Stearns are feeling the pinch. The forgotten victims of the housing crisis are the many displaced families.
A recent news story at MSNBC highlights what is going on in Reno, Nevada. After emergency winter shelters closed for the summer, a number of tents cropped up by the railroad. Within a few weeks, over 150 people were living in what had become a “tent city.”
Many of the people living in these tents were at once hopeful of getting a casino job. But interviews in the story indicate that casinos are actually starting to lay off employees. Read the rest of this entry »
Archived under Housing
Posted by Bill on September 17, 2008 at 12:49 pm
In a troubled economy, finding a good bargain can help us stretch our dollars even further. I personally enjoy golfing, and one of the best golf deals I have come across is from a company named Warrior Custom Golf.
Warrior Custom Golf is giving away a free custom golf wedge or a hybrid golf club. The catch you ask? Simply signup for their newsletter and get the special promotion code. They do charge a small shipping and handling charge, but it is well worth it considering the quality of the club. Read the rest of this entry »
Archived under Bargains
Posted by Bill on September 17, 2008 at 1:32 am
Just when I thought President Bush could not piss any more of our tax dollars away, now his Administration has provided $85 billion to bailout insurance giant AIG.
This latest bailout comes on the heels of $50 billion of our tax dollars pumped into the market to ease the credit crunch.
As each week passes, President Bush and his Administration is handing our tax dollars over to the same companies that sold, managed, and insured sub-prime mortgages. What the President is doing is rewarding the failure of these companies and the damage they caused to many families across this nation.
At what point will this President stop wasting our money? Between the Iraq War, and the bailouts, President Bush is pushing close to a trillion dollars in wasted spending! Any other President would have been tossed out of office, but none of the politicians we elected are prepared to do the job we elected them to do. And that job is to represent the people.
If President Bush is going to bail anyone out, it should be the victims - the citizens that were duped into these high cost loans. That would have done a few things. First, it would have helped families keep a roof over their head. Second, it would have stabilized home values. And finally it would have helped the overall economy.
What President Bush is doing is nothing short of a band-aid fix. The reason why these banks and insurance companies are going belly up is because people are losing their life’s possessions and can’t afford to pay their mortgages. There is a lack of jobs, high costs of health insurance, and energy expenses that have eroded each citizen’s purchasing power. President Bush has ignored the causes of the economic problems in this country and has chosen to throw billions of dollars at the result of the problems. This is yet another failure feather George W. Bush can put in his hat.
It is going to take many years to recover from the financial impact of the bailouts and the Iraq War. And this money will need to be replenished at a time when Social Security and Medicare are going broke. This country is going downhill at full speed, and nobody has their hands on the wheel or foot on the brake. And most taxpayers seem to have their heads in their asses and could care less. Shame on those people!
Many citizens of this country can’t afford to pay their bills, let alone repay all this debt. It’s time that Congress stepped in and demanded a halt to these bailouts. This is the people’s money, and it should be spent on helping the people - not those that have screwed citizens.
Archived under Economy
Posted by Bill on September 15, 2008 at 1:08 am
If you live in the Cleveland Ohio area, and read the Cleveland Plain Dealer, you probably understand that the Plain Dealer strongly opposes the sick time issue that will be voted on in November. The question is why.
Before I answer the “why” question, let’s look at what this issue is about. The issue is called the “Healthy Families Act.” If approved by voters, the law would require employers to provide their employees seven paid six days per year, which could be carried over into the following years if unused. It’s important to note that this law would only apply to companies that have 25 or more workers. Read the rest of this entry »
Archived under Cleveland
