Yet another pearl of wisdom from the Obama Nation:

He proposed a plan to save the US Taxpayer 540 million dollars a year by making our Enlisted Men and Women carry PRIVATE health coverage! Then the dumb fuck is surprised that the outcry from Vets and people who actually LOVE this country and respect those who put their lives on the line so that we have the RIGHT to bitch about him being a fucking Douchebag.

I mean its a Voluntary Force after all, Right Barry? I know, Lets see if they can pony up for their own Tanks and Ammunition while you embrace the motherfuckers who want to see Americans burning in Hell?

Am I the ONLY person in the country that is ALREADY fed up with this Arabic Alfred E Newman knock off running a cheap Flea Market Circus in the White House?

Are you fuckers happy yet?

The Democratic National Committee and the media Propped a lying Novelty in front of the American public and they jumped on it like it was going to help get their sheets and colored laundry brighter and more shiney than EVER before.

You, as in the American Public, are the stupidest set of fucking retards on the planet because you fall for this shit over and over again. You were promised that 5 million people that were about to lose their homes would be helped by Novelty Presidential Candidate Obama.

In MAY 464,983 foreclosures occurred out of 3.2 million possible. 19,041were modified and saved from foreclosure. That is 15% foreclosed upon and a WHPPING 6% that weren’t. One quarter of those 19,000 actually had their payments GO UP!!

Literally for every ONE dollar saved by modifications, there are One hundred and Fifty Dollars lost to foreclosure because the parameters of the modifications that the Government will allow are not condusive to the reasons that people are behind in the mortgage to begin with.

You cannot get a loan modification if:
• You have lost your job
• You owe more than 5% above what your house is worth
• You are already in default
• You have not yet missed at least one payment
• Your lender does not want to participate
• Your mortgage is not one of the half of all mortgages insured or owned by Fannie Mae or Freddie Mac
• The reworked mortgage payment would come to more than 31% of your income
• Your mortgage is over $759,000
• The home is not your primary residence

Sweden’s Government actually BOUGHT the mortgages of their citizens that were in distress and reworked the payments to reflect what the owner COULD pay them. The people will have to pay the government back once the economy is mended or sell the house. If they do neither then of course the government would then foreclose of course. The Democrats will NEVER entertain this type of program since it would actually SOLVE the problem without any COST to the taxpayers or throwing money at their friends. THEY would be the ones foreclosing on the houses eventually instead of being able to blame the banks and proliferate the EVIL Corporations lie.

*Hint* have you heard another word from the Obama Nation about mortgages? I doubt that you will either.

Is this the kind of Change YOU can believe in?

These new tobacco taxes are really burning me up. I know there are those of you that engage in fist pumps and victory dances every time a new tax is slapped on us evil smokers, but enough-is-enough. I wonder if you would feel the same way if taxes, comparable to those levied on smokers, were tacked onto red meat (high in cholesterol), chocolate (diabetes and obesity) and any car that does better than 35 mph (you could always take the bus); all in the name of a national health initiative.

Let me put this in (my) perspective. I have worked, and paid my way in society since the age of 16; about 30 years. I have contributed my share to healthcare, Social Security, and taxes in general. I am not a criminal. I don’t do drugs, abuse children or drive drunk. I have been a teacher most of my career, and I give back to society by sharing my knowledge with those that choose to listen. I try to be the best friend I can, to help those I can, and to be as understanding as I can. I have never (knock-on-wood) broken a bone, had a major surgery, or even spent a night in the hospital. As I see it, I have caused noone’s healthcare to increase. As a matter of fact, I have probably spent more on health insurance than I have recieved in benefits. I am also a smoker. I have chosen to smoke for 25 years on-and-off. So why should I be punished with exhorbitant taxes? Is it because smoking is a choice?

Here’s a news flash. Smokers are not the only people that choose to drive up the cost of healthcare. We all pay higher healthcare costs for those people that contract AIDS due to promiscuous behavior. Isn’t unprotected promiscuity a choice? They willingly participate in activities that could result in contracting a fatal disease. They are not victims (except in rare instances). So why aren’t promiscuous people forced to pay higher taxes to continue their behavior?  I’ll wager I become very unpopluar by making that statement. I’ll be accused of bigotry and homophobia well before someone will come up with a legitimate argument as to why that isn’t a valid comparison.

I am not about to engage in the statistics surrounding the amount of money it costs to keep someone on an iron lung because they chose to smoke all their life. I am not completely unsympathetic to the idea that taxpayers, in some cases, get stuck with the bill for keeping someone alive with an illness linked to tobacco usage. I would be intelectually dishonest to think otherwise. But why are smokers the only group of consumers that are repeatedly targeted with the chore of lowering healthcare costs for everyone else? 

If you ask me, we all need to be responsible for our behavior. That means both sides of an action; forethought and aftermath. If everyone would just take care of their own business, Uncle Sam wouldn’t have to make it his.

I don’t know if it’s sheer exhaustion from weed wacking, or boredom with Life (myself), or financial stress that seems to get a little more excruciating every paycheck, but I don’t feel sorry for Obama, and in fact, I do believe I’ve done a complete reversal with regard to my opinion of him. I think he’s just another asshole dressed up like a politician, flapping his lips, lying through his teeth.

I saw a bumper sticker the other day that said (something like) “I’ll keep my guns, freedom and money, you can keep the change.” That pretty much summarizes how I feel about Obama right now, as of this moment.

It’s a real bummer; you can’t help but like the guy. For once, a nice-guy president who seemed to be able to talk to the general populace as if he actually was one of them (at some point in his life.) He seemed like someone with a conscious. He appeared to have America’s best interests in mind. He had experienced hardship; I, personally, could relate to that. He wasn’t just some little prick dressed up in cotton wool his whole life, groomed to take over the family fortune. He didn’t seem to be a spoiled little smug ignoramus shit of a man, like his predecessor. And the fact that he was black (or half-black – I don’t know why we say half-black, as opposed to half-white, but anyways…) the fact that he was pretty much black, made him seem like a long-overdue miracle. Change was happening. People themselves had changed enough in just a hundred years time to elect a black man for president. That’s pretty huge.

I could list more likeable things about him; there are plenty, but mostly it was the way he talked and what he said on the campaign trail that made him such an appealing choice. He said all the right things. Silly, ignorant, gullible me. I, like all those people that crammed the Lincoln Memorial for Obama’s inauguration celebration, put all that campaign trail bullshit together in my wee little mind, and had hopes that things actually would change. For real. But they haven’t. And after a quick scanning of a random selection of articles written by what appear to be intelligent, well-informed, well-educated people, I’m pretty convinced that Obama is just a good-looking version of all the previous shit that we’ve “chosen” to represent us, as Americans.

I feel like I’ve been had. I’m tired and I’m sick of financial worries. I don’t even have it nearly as bad as some people. Compared to some people my life is a miracle right now (knock on wood). But I wake up in the middle of the night stressing about money on a regular basis. I don’t even think any more what I used to think, “…As soon as I get this thing (bill) out of the way, I can start digging myself out. Next paycheck…” I just think, “Thank god I can throw something (some little f**king miniscule peanut with a dollar sign attached to it) at this bill, this time around. At least I won’t get sent to collections…yet.” I have just enough money to throw peanuts at my bills every month. Forget about digging myself out. I’m like a f**king dumbass spectator at a zoo, standing outside the elephant exhibit throwing peanuts at my problems, trying to make them go away. And every time I throw a peanut, the f**king elephant just wants more. Voracious little f**k. And I’m not even one of those (*greedy*, *bad*) Americans that spends shitloads of money they don’t have on shitloads of unnecessary shit every time they hit the stores. I pretty much buy what I need, and splurge on a frugal treat every now and then.

So back to Obama. Are my financial troubles his fault? No. (gag; yes) Because the amount that he appears to be spending is putting me and every other American deeper into the hole. Like I said, forget about ever digging ourselves out. We’re slaves and we will be slaves for as far down the road as I can see into the future, thanks to the way the government is spending out money - money we haven’t even earned yet. Ironic; that a black man is the one sitting on the steps of the plantation, this time around. He hasn’t changed a d*mn thing, and by the looks of it, he’s just more of the same old shit. I hate the American Government. The whole thing is a lying sack of shit.

Change? F**k change. Like the bumper sticker said, keep it. It won’t ever be enough to do me or my children a damn bit of good.

I wish somebody would explain to me why kids aren’t better educated these days. I don’t have any kids so I normally don’t think about their education - But after reading economist Alan Greenspan’s 500 paged book, “The Age Of Turbulence,” the pages which scarred my brain tissue the most were the ones describing the failure of the American education system and the difficulty American graduates have in competing for jobs against better educated immigrants. It’s certainly not the kids’ fault. According to Greenspan, “A study conducted by the Lynch School of Education at Boston College revealed that although our fourth-grade students were above average on an international comparison scale in both math and science, by the time they reached their last year of high school, they had fallen well below the international average. The leading nations included Singapore, Hong Kong, Sweden and The Netherlands. According to Greenspan, immigrants from India and many other countries have superior engineering and computer science back grounds and are in demand by American corporations (while millions of Americans are unemployed).

So what the fuck is happening to American kids between 4th grade and high school graduation? Since we spend many more tax dollars per student than almost any other country without getting good results, maybe we should have a tax protest about that.

The Bush administration’s No Child Left Behind program was supposed to make sure all kids received the education necessary to become productive citizens. In the book, “Many Children Left Behind,” author and educator Deborah Meier writes, “The biggest problem with No Child Left Behind is that it mistakes measuring schools for fixing them. The focus on high stakes testing and test preparation dumbs down classrooms.”

“The foundation of every state is the education of its youth.”  -Diogenes Laertius

If high school graduates (not to mention drop outs) can’t find jobs, many of their alternatives aren’t too good for society. They are much more likely to become drug dealers, burglars, muggers and kidnappers for ransom. Many will just stay home indefinitely and live like expensive house pets unable to fly out of the nest.

America has the most powerful military in the world. We have the best rock stars and we make the best movies. Why can’t we be number one in education?

You can see more photographs by Mountain Dude at: www.dportrdvd.com

When you throw money at the problem, that money is taken (in the form of taxes) from those who would otherwise spend it in the Free Market and thus bolster the economy themselves rather than tightening the purse strings to the point where they are afraid to do anything but stuff it in a mattress for fear of the banks collapsing.

Japan had a very similar Housing bubble in 1990 except that their housing market dropped 80% of its value when it burst. They threw money at it, Bailed out the Corporations that contributed to the failures of the banking system (and made a partially National bank), only to ensure that they would have a sub par economy for 18 years.

Why do the people in our NEWLY elected Government keep touting that we should “Learn the lessons taught us by history.” and then try to repeat what HISTORICALLY has not worked for anyone else or our country by throwing YOUR money and mine at the problem to try to go back to an economy that was unsustainable to begin with and deteriorated into the mess we have now?

“Insanity: doing the same thing over and over again and expecting different results” ~ Albert Einstein

Sorry for my diatribe here but I feel you are all intelligent enough to start asking the questions about whether the Government interference costs more than allowing the problem to run its course, find bottom, and regenerate to a healthy state again naturally.

BTW, I am a graduate of Butler Area Senior High School and followed a General Studies curriculum so this isn’t rocket science.

I’ll get off my soap box now but I WILL be back and maybe we can talk about the EVIL Corporations and how the Free market has destroyed the United States.!!

There is really no fixed way to stimulate the economy. The degree of economic stimulation and the size of response during a recession largely depend on the cause of the recession. For any recession, the GDP make-up is the paramount determinant of the most effective stimulating mechanism.

When an economy runs into a recession, it is hard to believe that without any new action, the economy is somehow going to pull itself out. The inability of the economy to pull itself out with inaction indicates that the old ways of running business have to be significantly modified.

Although it is important to free up money so that consumers can purchase goods when a recession strikes, it is more important to channel this money towards the most efficient goods which increase productivity in the long run. Governments have the power both to free up and to channel the flow of money although bureaucratic constraints hinder the speed and the effectiveness of the response.

During recessions, struggling private enterprises producing inefficient products are usually more interested in disposing unproductive goods in the market and staying in business. This renders government action all the more relevant.

The government’s ability to initiate any kind of economic stimulus greatly declines with a decreasing ratio of government budget to GDP. Having a fixed government budget to GDP ratio enlarges the government if the GDP grows with time. This in turn renders the government so cumbersome that its efficiency wanes with time. This diminishing effectiveness could be mitigated by modeling government institutions like the non-profit private industry while using the rest of the government apparatus to play only a regulatory role. While this helps to boost efficiency, it also strengthens the government’s ability to steer the country towards economic progress with less hindrance.

An economy in recession could either be stimulated through increase in government spending or tax cuts. A rise in government spending creates more government sponsored projects, jobs and increases the cash flow for working families. This money is then channeled to other businesses leading to an increase in jobs in the private sector. Increased spending would entail an increase in taxes thereafter in order to minimize the budget deficit.

On the other hand, tax reduction raises the amount of cash available for businesses and consumers. Consumers can buy more goods resulting in an increase in jobs in the private industry and the private industry could in turn embark on producing more goods.

Government spending implies the government directs where the money needs to be spent. In tax reduction, the private industry allocates where the extra cash goes. While the government often focuses on long term opportunities, the private industry’s focus is usually not stretched out beyond 5 years considering that the average life span of a US company is 50 years and its infant mortality rate is 10 years.

A reduction in taxes for small businesses and consumers really does little to keep the economy booming in the long run. This reduction would result in a temporal increase in small businesses. Having more small businesses in a recession does not generate more investment, but encourages more consumption. Consumption is bad for economic recovery. US consumption alone is 70 % of the GDP. Stimulating consumption may postpone a depression in the short run but the recession will become more severe when consumption is exhausted with no investment. Consumption stimulation provides a parachute for a slower free fall with little hope to rise.

A tax cut on small businesses is only effective in stretching out and exhausting an already initiated growth. Tax cuts on small businesses do not initiate growth. More often, an economic crisis requires stabilization with an orientation towards the initiation of growth than the expansion of growth. The increase in small businesses during a recession only results in the production of similarly existing goods with little or no changes in efficiency. This ends up being an illusory economic growth.

In addition, tax cuts create many disunited multidirectional economic fights by many different businesses. The ineffectiveness of multidirectional fights could not be overemphasized because economic resources get scattered everywhere thereby diminishing their strength to meaningfully reshape any economic meltdown.

A better strategy for tax cuts would be not to have an across the board tax cuts, but a reduction in taxes for industries that are expected to become the new production frontiers for the next decade. That would be money well spent. An alternation of more targeted spending and focused tax cuts is a sure means to keep the economy very efficient.

It is easier to see the ineffectiveness of tax cuts through the provision of lower taxes to businesses that are failing. A failing business requires a lot of restructuring and tax cuts give it an incentive not to restructure. With the tax cut, prices will be brought down and the consumption of the same poor goods is encouraged. When the well of tax cuts is exhausted, more tax cuts would be required to keep the industry afloat. This only leads to a deflationary spiral.

As personal finances dwindle, other programs such as food stamps, tax rebates and unemployment benefits help ensure that many existing jobs are not lost which will worsen the downward spiral. Such programs therefore only act as stabilizing mechanisms.

The effectiveness of the government to transform policies into actions is the single most significant factor in restoring economic prosperity. Should the government become very inefficient, then there is no doubt that tax reduction would play a more effective role in stimulating an economy during a recession. The government is needed more in a severe recession to make swift, smart and steady corrective measures. Government investment lays a formidable groundwork for future growth.

Every fiscal policy has a threshold below which its effect is insignificant. An invaluable fiscal policy would be simultaneous increase in spending and tax cuts, but no country has the luxury of excess cash to effect such a concurrency beyond both thresholds. This leaves government spending as the more efficacious policy. The challenge is to know these thresholds in order to institute the right measures. With the government budget constituting a fixed and appropriate percentage of the GDP, the government is sure to have the machinery to launch congruous tax cuts for the short run economic stimulation and increased government spending for long run stimulation without the burden of excessive deficits.

http://www.dream-services.com/

Sources

http://www.businessweek.com/chapter/degeus.htm

http://www.heritage.org/Research/Economy/wm1777.cfm

http://woodwardhall.wordpress.com/2008/12/08/options-for-stimulating-the-economy/

http://g8live.org/2009/02/06/investment-more-effective-than-tax-cuts-says-imf/

http://www.finfacts.ie/irishfinancenews/International_4/article_1015884_printer.shtml

You know I know that most people walk around life with a half confused look on their faces barely aware their alive. perfectly content to just go with the flow and stay with the status quo. Still why isn’t the American people outraged at our President! I mean what’s it going to take huh? For him to totally bankrupt the country or give Iran the plans for the stealth bomber to Iran. Would that finally wake some of you up.

Some of you are awake and that’s great the other 90% of you is what I’m concerned about. When we elected Obama to office he came in with the attitude of we need a new way of doing business and we need change. Well in less than a hundred days he’s spent more than all the other presidents put TOGETHER! and is repeatedly using the tried and true democrat spend, spend, spend method. Have we as an American people bothered to say ”Uh Mr. President where’s all this moeny going? Do you really need this much?” Or most importantly ”How in the hell are we going to pay all of this back?” Have we said that HELL NO! We’re to busy trying to guess who the next American Idol is.

Then there’s the foreign diplomats. I’m not talking about him bowing to the Saudi king. That was a show of respect in the man’s country and considering Obama wants to tramp trough his backyard looking for the Taliban then we should show the ruler of the country a little respect. That’s just how I feel. Shaking hands with bloodthirsty dictators on the other hand is not that good of a sign. Most of you didn’t bother to express concern with this though why because it didn’t make the six o’clock news. It only appeared in the paper.

Then there’s the job market that no one can find a new one or they’re scared of losing the one they have. All the while the owner or BOD keeps getting to slash salaries and benefits and the employees just take it because “Be happy you at least have a job” has become an acceptable norm! Why hasn’t anyone gotten mad over this broken promise. Didn’t Obama say he’d create jobs and improve the ones that are out there. Well he’s spent 2 trillion and jobless claims keep going UP! 2 trillion dollars and I haven’t seen job one come around as a result! Yet still most of us just keep going along thinking that things will work out

I have news for all you people happily living your life in a semi-coma IT’S NOT GOING TO WORK OUT! Not until the majority of American citizens turn off the TV or wake up and calmly ask the president “Uh Mr. President excuse me sir but just what in the hell are you doing with all this money!”

Warcorpse

I voted for Obama. It’s true. I was thrilled about change. And who can’t like the guy? He’s got it going on. But had I known that his idea of putting America back to work, was going to be putting 4 cops per every mile on every God damn f*cking highway in the state, I’d have voted for McCain.

I’m not afraid to fork over a little money to help the little guy out, although more and more I seem to be realizing that a lot of the “little guys” are people I know, who are just sucking the system for all it’s worth, spending what money they do have on booze and shit. Doesn’t make one feeling very good about busting so much ass to make ends meet, when half of your bills can’t get paid because half your money goes to the little f*cker who doesn’t want to pay theirs.

And now I can’t even go two miles an a hour above the speed limit to get to work so I that I can pay my f*cking bills. And don’t even try to tell me to get up earlier. There aren’t enough hours in my day to commute 55 f*cking miles an hour to work every day. Sorry; I need what sleep is left over after worrying about all the shit I have to pay all night long.

I have seen more god damn cops on the road in the last two months, than I have EVER SEEN IN MY ENTIRE LIFE. EVER. Way to go. At least somebody’s raking in the cash. Every single f*cking day now - everytime i get on that road (any road all over the place, every where) I see lights flashing. People being pulled over. I counted eight cops today on various freeways. Two of them were writing tickets. F*cking Bullsh*t.

This is America at it’s finest. Thanks Obama, for putting America back to work. I feel so proud to be an American, living in 24/7 fear that I’m going to get my ass pulled over and be that much deeper in the hole, because someone has too much f*cking time, too much f*cking power, and not enough f*cking good to do with their lives.

As some of you know, I have long said that there is a reason that we are in the Economic mess that we are in nationally. The people in charge of “fixing” the mess seem to think that it just crops up every so often for no apparent reason and that they can “fix” it.

The Community Reinvestment Act, coupled with the FRB dropping the Fed Funds Rate and then literally printing fiat funds to the tune of 8 billion dollars a day to throw at the housing market from 2001-2005 unhinged the natural appreciation of homes from the normal rate that mirrored the rate of inflation into a bubble that HAD to burst.

With the FDIC overseeing banks and enforcing the ratio of deposits to Mortgage notes a rating system is given out and this bank listed in this article is not praised for placing itself on the brink of destruction but chastised for it.

The problem is not that we Mice elect White Cats, Calico Cats, or Black Cats into office. The problem is that we are electing Cats into office to begin with. The people around you in this office have a better grasp of economics than the officials that have been elected to solve the problems by throwing money at it.

Japan had a very similar Housing bubble in 1990 except that their housing market dropped 80% of its value when it burst. They threw money at it, Bailed out the Corporations that contributed to the failures of the banking system (and made a partially National bank), only to ensure that they would have a sub par economy for 18 years.

Why do the people in our NEWLY elected Government keep touting that we should “Learn the lessons taught us by history.” and then try to repeat what HISTORICALLY has not worked for anyone else or our country by throwing YOUR money and mine at the problem to try to go back to an economy that was unsustainable to begin with and deteriorated into the mess we have now?

Sorry for my diatribe here but I feel you are all intelligent enough to start asking the questions about whether the Government interference costs more than allowing the problem to run its course, find bottom, and regenerate to a healthy state again naturally.

I’ll get off my soap box now.