Friday, July 10, 2009
Tuesday, June 2, 2009
American capitalism gone with a whimper
Posted by
Robert Griffith
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11:08 PM
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Wednesday, April 29, 2009
Keynesian Economics
President Barack Obama is using Keynesian Economics.
What are Keynesian Economics?
Many Politicians argue to increasing taxes in order to promote government spending so that they can give it to the lower class so they can reinvest it in Private Corporations. This is using Keynesian Economics.
Why Keynesian Economics will not work!
1. The rich (Business owners & other employers) already pay the majority of the taxes.
2. Where is the government getting the funds for the stimulus plan? TAXES, thus they are taking money from the economy to inject right back into it! REMEMBER, GOVERNMENT WILL TAKE THEIR CUT OF THE TAXES ASWELL!
3. What is the point of the stimulus plan? To invest the money back into the business owner from the consumer.
THIS IS SOCIALISM!
Posted by
Daniel Phipps
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8:59 PM
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Sunday, April 19, 2009
DHS adds "Right-Wing Extremists" to the DHS Watch List.
Thanks to Obama's Secretary of Homeland Security (Janet Napolitano), Freedom of Speech took another hit this week, the day before the tax day tea parties.
Personally am very angered, just for having a political opinion they add you to a watch list as a suspected terrorist. Wake up America! This is another step towards a fascist state.
If you:
Oppose restriction on firearms
Oppose lax immigration
Oppose continuation of free trade agreements
Oppose same-sex marriage
Have paranoia of foreign regimes
Fear Communist regimes
Oppose one world government
Bemoan the decline of U.S. stature in the world
Resent the loss of U.S. manufacturing jobs to China and India
Or are a War Veteran.
You may be labeled as a "Right-Wing Extremist", I am suprised the Left-Wings have not been added as suspected terrorists because they have created more anti-Bush protests than the rights would care to do about Obama, not to mention their's often led to violence.
Michael Savage, A talk-radio conservative show host is fighting this, He has filed a lawsuit against this.
America, you are being led to a slaughter and half of you don't notice this, If you let this happen you risk your Freedom of Speech.
Why this matters to Liberals: The last time when there was a Liberal president that failed with our nation (Carter), A great man came out of it. (Ronald Reagan) Do you want to be targeted next time? This Blog has a correct title. "Those you don't know history are deemed to repeat it"
-Daniel Phipps
Posted by
Daniel Phipps
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12:20 PM
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Friday, April 10, 2009
Obama Thinks GM Bankruptcy Best Option
http://www.thestreet.com/print/story/10480341.html
Joseph Woelfel
04/01/09 - 01:02 AM EDT
A quick, negotiated bankruptcy is the most likely way for General Motors(GM Quote) to restructure and become a competitive automaker, President Barack Obama believes, according to a published report.
The president also is prepared to let Chrysler go bankrupt and be sold off piece by piece if the automaker can't form an alliance with Italy's Fiat, Bloomberg reports, citing members of Congress who were briefed on the GM and Chrysler situation.
GM has been given 60 days to fix its debt-ridden balance sheet, cut billions in costs and take other steps to transform itself into a profitable entity.
Chrysler must make the same cuts as GM, and sign up Fiat as a partner, all in 30 days.
The "quick and surgical" bankruptcy for GM that the Obama administration said was an option appears to be inevitable, said the members of Congress and two other people familiar with the matter, Bloomberg reports. Obama personally signed off on asking GM CEO Rick Wagoner to step down, Bloomberg reports.
A White House official said Obama's position hasn't changed. "He remains committed to a significant restructuring without a bankruptcy if at all possible," the official said, according to Bloomberg.
Reuters also reports Obama's thinking on the crisis facing GM hasn't changed since Monday.
"Nothing has changed on this," a senior administration official said when asked about the Bloomberg report, according toReuters. "This report is not accurate."
"Our focus is on accelerating the speed of our operational restructuring and reducing liabilities and debt on the balance sheet," GM spokeswoman Renee Rashid-Merem said in an e-mail to Bloomberg. "GM will take whatever steps are necessary to successfully restructure our company."
Reuters, meanwhile, reports a possible bankruptcy plan being discussed for General Motors includes quickly forming a new company of the automaker's most profitable parts, while a group of other units would remain under bankruptcy protection for a longer period.
Posted by
Robert Griffith
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9:37 PM
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Repeating History...
How is history repeating itself? Glenn Beck discussed this in his popular Fox News show today.
The world was starving. Hunger and fear. When the world goes into darkness it's almost always based on several small events followed by one cataclysmic event. Hitler used the world economic crisis as a pivot-point. He said, "We're going to protect the common man" and people rallied around Hitler.I'm not saying Obama is like Hitler. This isn't a "Democrats are bad" diatribe. I have actually felt disenfranchised from both parties. I left the Republican Party during the first George W. Bush term and joined the Libertarian Party. I rejoined the Republican Party during the 2008 election to support Mike Huckabee... and later, John McCain [although I felt that John McCain was not much different from Barack Obama]. I voted for McCain, although I admit I wavered during the election and wasn't too disappointed at the final result.
"You never want a serious crisis to go to waste, and what I mean by that is an opportunity to do things you think you could not do before."
"Mark my words. It will not be six months before the world tests Barack Obama like they did John Kennedy. The world is looking. We're about to elect a brilliant 47-year-old senator president of the United States of America. Remember I said it standing here if you don't remember anything else I said. Watch, we're gonna have an international crisis, a generated crisis, to test the mettle of this guy." -- Joe Biden
Is anybody else feeling paranoid? I do. For the first time in my life, I am truly scared for the future of my country.
Posted by
Robert Griffith
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5:21 PM
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