&
Advertise Here with Today.com
 

Archive for the 'economy' Category

Jan 29 2009

Government Spending Bill Passed House

Published by allykat under economy Edit This

Even though the “stimulus bill” passed the House yesterday, I want to Congratulate the Republicans on Capitol Hill! Thank you! Not one Republican signed the huge government spending bill that is being passed off as a “economic stimulus bill.” 11 Democrats jumped on the Republicans side too, so thank you to those Democrats.

They stood up for what is right and for the middle class taxpayer. They know that an increase in government spending will NOT stimulate the economy. If it did work, than the trillion dollar deficit that we are already in would be causing more jobs not the loss of hundreds.

How come President Obama does not want to keep his bipartisan promise and compromise with the Republicans? This pork bill is full of special interests programs that will hurt the economy. There is not enough tax cuts, which WILL create jobs, investment, and spending.

Tax cuts is the answer to stimulate the economy.

Now the bill will be debated in the Senate next week, lets hope that some major spending is cut and tax cuts are increased.

Advertise Here with Today.com

No responses yet

Jan 26 2009

Pelosi Wants Population Control

Published by allykat under economy Edit This

Speaker of the House Nancy Pelosi has stated that people should stop having babies, because it hurts the economy in these hard times. First of all, doesn’t China have a population control? Why does she want to control the population? She has five kids, but does not want others to have kids.

PELOSI SAYS BIRTH CONTROL WILL HELP ECONOMY
Sun Jan 25 2009 22:13:43 ET

Speaker of the House Nancy Pelosi boldly defended a move to add birth control funding to the new economic “stimulus” package, claiming “contraception will reduce costs to the states and to the federal government.”

Pelosi, the mother of 5 children and 6 grandchildren, who once said, “Nothing in my life will ever, ever compare to being a mom,” seemed to imply babies are somehow a burden on the treasury.

The revelation came during an exchange Sunday morning on ABC’s THIS WEEK.

STEPHANOPOULOS: Hundreds of millions of dollars to expand family planning services. How is that stimulus?

PELOSI: Well, the family planning services reduce cost. They reduce cost. The states are in terrible fiscal budget crises now and part of what we do for children’s health, education and some of those elements are to help the states meet their financial needs. One of those - one of the initiatives you mentioned, the contraception, will reduce costs to the states and to the federal government.

STEPHANOPOULOS: So no apologies for that?

PELOSI: No apologies. No. we have to deal with the consequences of the downturn in our economy.

And I think she is terribly wrong economically. A baby boom will help the economy, NOT hurt it. People spend a lot of money on their babies, thus helping the economy. Plus, if there are more people in the world, then there will be more people paying taxes. A constraint on population also enhances our problems with social security and Medicare. If she is so worried about paying for all these special programs, then cut these programs that do not work.

Also, why are they adding hundreds of millions of dollars of birth control funding to the new economic bailout package anyway? This terrible pork should not be in the package. This is all about the desire for more birth control and abortions. And with universal health care next, how will the government decide who lives and dies when it comes to the elderly, the mentally insane, and you?

Why is Nancy Pelosi and so many Liberals against life?

7 responses so far

Jan 13 2009

California Taking the Rest of U.S. With it!

Published by allykat under economy Edit This

Below is a great guest post from The Right Guy! He is kind enough to grace us with his intelligent words. Please give him respect and stay on topic.

“Through the years of the tech boom of the late 90’s and the real estate boom of the 21st century California’s economy expanded by leaps and bounds. This economic expansion lead to the growth of government as well, as a more profitable economy lead to more money paid in taxes.

The liberals in charge of California have saddled the economy to meet their agendas without paying head to any repercussions of the outcome of the burden to businesses and the employees and clients they serve. This microcosm of socialism, if the 8th largest world economy can be considered a microcosm, has lead to an utter failure of government. With roads deteriorating, education near the bottom of national average, the state now faces a mass exodus, with 144,000 more people leaving the state than entering according to census estimates.

California’s liberal law makers want to solve the state’s problem the same way Obama wants to “change” America, with higher taxes, more regulation, and massive public works. While this does appeal to illegal aliens and others seeking dependence on government, this deters those seeking jobs from choosing California as a place of residence. Without income’s to tax where will California find the wealth it seeks to confiscate?

The failure’s of California’s government were lessons not learned by Obama and his liberal backers. They want government to solve economic problems through totalitarian force, rather than free trade and capitalism. Unfortunately, Obama and the liberals do not understand economies have laws and rules, similar to science. Just because they do not believe in supply and demand, does not mean those laws don’t exist. Reminiscent of those thought argued against Columbus’ notion of a spherical earth, Obama tells the American people to trust in his ideas even though they have been tried and failed in the state of California.”

 

I think The Right Guy is right on and I agree with everything he said. Plus, the Obama administration wants to create more Government jobs at every level and who pays the Government, taxpayers. If we only get government jobs then who will pay us? Somewhere it has to stop. The government’s job really should only be the military and defending America. The people know how to create jobs and grow the economy.

Thanks Right Guy for your great post!

3 responses so far

Jan 06 2009

Obama Trying to Bait Republicans

Published by allykat under economy Edit This

Government spending does not stimulate the economy. It hurts the economy. The money comes from one part of the economy and is transferred to another part of the economy, it does not create jobs or productivity. The money comes from you. Taxpayers. Taking money away from small businesses, causes job loss, less investment, and hurts the economy.

Obama went to Capitol Hill yesterday to try to talk the Republicans into his massive stimulus package, at almost $1 trillion dollars. He is baiting them with around $300 billion tax cut in the package of pork. I hope they do not fall for it, because these tax cuts are only temporary. Short term tax cuts, like the stimulus checks or rebates do not work. Long term tax cuts are key to stimulate the economy. If the Republicans fall for it, they are looking at hundreds of billions of dollars in new spending.

“…we cannot afford to be burdening our children and our grandchildren with an extra trillion dollars in debt,” said House Minority Whip Eric Cantor.(LATimes)

Resource:

Why Government Spending Does Not Stimulate Economic Growth

7 responses so far

Dec 12 2008

Senate Denied Big 3 - President Bush May Bailout Anyway

Published by allykat under economy Edit This

The Senate denied the Big 3 the $14 billion bailout package today. And now President Bush and the treasury department are saying that they might help the auto industry anyway, by using some of that money from their $700 billion bailout package. (nytimes.com)

I thought that $700 billion bailout was set for certain things, like the mortgage industry. Now all of the sudden the Bush administration wants to use it for other industries. Well, when will it stop? The money was voted on to be used for certain areas.

Plus, going around Congress like this is not a good idea. And it also will show that Obama will be able to do pretty much any of his radical Liberal plans.

2 responses so far

Dec 01 2008

Happy Shopping Cyber Monday!

Published by allykat under America, economy Edit This

After the shopping weekend, sales did go up 2% more than last year, reported ShopperTrek, a research firm. So people are still spending. A more detailed report on the Black Friday weekend and whether it helped retailers will come out on Thursday.(nytimes.com)

As I mentioned in my other post here. I went shopping over the weekend and today on Cyber Monday! Cyber Monday is a great day for shopping online! Did you go shopping today? It is still not too late to start clicking away tonight.

There is no better feeling than giving during Christmas time. So buy something extra for your loved ones throughout the whole month. And if you missed shopping this weekend and today, don’t forget the best shopping day, is the day after Christmas!

So have fun shopping this month!

One response so far

Nov 28 2008

Go Shopping and Be Courteous!

Published by allykat under America, economy Edit This

Today is Black Friday! The day after Thanksgiving is one of the busiest shopping day of the year. Did you go shopping? I did some shopping online today. I have been out on many Black Fridays in previous years, but today it was nice staying home.

I did my part today to help the economy. Smile We have to continue shopping to help this tough economy. I think they say that the economy is in a crisis a little too much on the news. If they say it too much, people will stop buying and the economy will do worst.

So have fun shopping today and be careful if you go out today. There was a tragedy in a Wal-Mart in New York today. A 34 year old Wal-Mart worker died early this morning when shoppers broke down the doors off the hinges and trampled him. Getting the deals is fun, but not having manners has caused a death. Yes, it was an accident, but more people need to be a little more considerate of others.(foxnews.com)

Have fun shopping this year and lets all be a little kinder to strangers!

4 responses so far

Nov 25 2008

Fight for Economic Freedom by November 28th!

Published by allykat under economy, global warming Edit This

The economy is in a dire state and Obama and his transitional team have very ambitious plans, the Environmental Protection Agency’s under the Clean Air Act will set regulations for carbon dioxide, which creates a massive new energy tax.

Global warming is hardly man-made as mentioned in my other posts here, here, and here. The government just wants more money from you and will choose how to spend it as they see fit. It really is one of the biggest scams in history.

With Obama’s new energy tax, gas, food, transportation, and manufactured goods will all go up in price. Small businesses will have to close and fire people, because they will not be able to afford the new energy tax. Businesses, homes, and schools will also need a special permit to expand and build.

People say, “What about all the green jobs?” Well, they will be so many other job losses that it really will not matter. And do you want a government green job? The government cannot not run anything…DMV.

The heritage foundation has stated that Lisa Heinzerling, part of Obama’s Environmental Protection Agency transition team, “…and many other legal experts believe that under the Clean Air Act, the EPA can also administer a national cap-and-trade program by writing federal rules to unify independent regional carbon markets. … Experts believe the EPA can promulgate an additional set of regulations that would control transportation emissions — everything from cars and trucks to boats and airplanes.”(blog.heritage.org)

Heritage Foundation Website:

Two Reasons EPA regulations are bad video link

The EPA has already set the necessary regulatory process in motion. There will be no debate in Congress. Obama has not even been sworn in yet but the period for public comment ends this Friday.

Visit http://www.stopepa.com/ today to tell the bureaucrats at the EPA what you think about these disastrous regulations.

The EPA’s deadline for comments is this Friday, November 28th, and your voice for economic freedom will make a real difference in this fight.

4 responses so far

Nov 15 2008

U.S. Dollar No Longer and World Leaders Financial Summit

Published by allykat under economy Edit This

The American dollar has weakened.

A Group of 20 World leaders met today in Washington D.C. to figure out the global financial situation. They have a draft, but it will not be final until next April at the next financial summit when Obama is President. They do want more regulation, accountability,supervisory colleges, and transparency. President Bush also said that the U.S. would continue their aid to developing nations even with the financial crisis. We will see what Obama does soon.

There are 6 immediate steps the nations pledge to continue:

1. Vigorous efforts to stabilize the financial situation

2. Monetary Policy support

3. Stimulate domestic demands

4. International Monetary Fund for developing nations

5. World bank and other banks to help developing nations

6. Organizations like IMF and World bank have sufficient funds

French President has said that times are changing and the American dollar can no longer be the sole world currency. “The world changes. We are in the 21st century and the French view is that we cannot continue into the 21st century with a system (established) in the 20th century.”(straitstimes.com)

Gordon Brown Britain’s Prime Minster has said, “My message is that we must be: internationalist not protectionist; interventionist not neutral; progressive not reactive; and forward looking not frozen by events. We can seize the moment and in doing so build a truly global society.”(telegraph.co.uk.com)

All of this seems like the U.S. dollar is going to be no longer and the nations all want a One World Currency and One World Bank. What do you all think?

http://www.youtube.com/watch?v=02BClhkMrlE

resources:

The Coming 1 world dollar

World Leaders summit

World Leaders Vow Joint Push to aid Economy

One response so far

Nov 10 2008

Spread the Wealth from Your Heart Not by Force!

“He who is kind to the poor lends to the Lord, and he will reward him for what he has done.” (Prov. 19:17 NIV; see also Prov. 14:31 and 29:7

God wants all of us to be responsible and all of us to help the poor. Our indivdual responsbilities to help the needy should not be placed on the government.

There is a big difference in the government forcing you to “spread the wealth” around and you willing to give out of your own heart.

Forcing someone to do something is not about freedom and choice. And God is all about freedom, choice, and love.

God wants our hearts in it. He wants us to form a relationship with the poor people. And to help your neighbor or friend in need. Giving to your church or charities have been proven to help the poor better than the government. Charities are better at helping people one on one than the government.

The government has proven to be unsuccessful in helping the poor. Programs like social security are not working. The government has been heading down the wrong path for a long time by performing the roles of the church and charities. The church, government, and the people need to realize this more. And Obama’s socialist plans will make the world a worst place not better. People know how to spend their own money better than the government.

 “In 1964, we started the War in Poverty. We have spent over $10 trillion to combat a poverty rate that stood at 14% when the “war” started. It is still at 14% and now we redistribute over $1 trillion a year. In other words, despite all of that redistribution, despite the loss of all our freedom, despite all of those taxes – the policies and programs produced very little results - and yet we continue to enact such polices almost without critical thinking.

In light of that, in my view, it is time we understand the genius of our Founding Fathers. We must renew their Revolution against confiscatory government and their rejection of Obama’s fundamentally flawed thinking before our civilization falls by the wayside of other failed socialist experiments”(politicalvanguard.com).

How does forcing a rich guy to give his money away make him want to work more for the fruits of his labor when it will just be taken away from him? Also, the rich guy became rich by providing a service or helping people, so why would he want to help more people if he was going to be punished and forced to give up his money?

And yes, Jesus does want us to pay taxes. Jesus said, “Give to Caesar what is Caesar’s and to God what is God’s.” Our money is not ours. It is Gods. Everything comes from God, but that does not mean that you must give everything to help the poor. There is no strict set of rules of how much you have to give.

God said there will always be poor no matter what. And we should help them out of our hearts voluntarily.

Also God never said that money is evil. He wants people to strive to make more money and spend their money wisely. Greed is evil, not money itself. To love money more than anything else and more than God is sinful. God wants us to be compassionate, generous, and to love one another from our hearts.

“Each man should give what he has decided in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver”[NIV](2 Corinthians 9).

Resources:

Mark 12

Matt. 25:31-46

Matt. 25:34-46 Luke 19:12-28

Ps. 41:1, Prov. 19:17

Was the Early Church Socailist? 

2 responses so far

Next »

Advertise Here